Posted by Alex™ > 2018-08-05 15:18 | Report Abuse

WHY ALEX STILL STUCK? HAHA

Posted by Calvin882 > 2018-08-08 20:49 | Report Abuse

It remains low as Gold price is dropping.

Posted by EngineeringProfit > 2018-08-27 14:16 | Report Abuse

Interesting......

Posted by foreverchung > 2018-09-26 17:38 | Report Abuse

Dividend time.

Posted by Sebastian Sted Power > 2018-09-26 17:55 | Report Abuse

Satu sen sahaja

Posted by TheContrarian > 2018-09-26 19:14 | Report Abuse

Every year satu sen.

Posted by Sebastian Sted Power > 2018-09-26 19:56 | Report Abuse

just now makan with my buddy. He said early this year masuk a lot Pohkong and hope to become Kingkong; but now seem like Kangkong.

Interesting... I like to makan Kangkong together with Ah Yeo

Posted by foreverchung > 2018-09-27 00:15 | Report Abuse

@Sebastian I almost spit soup when I saw "Interesting... I like to makan Kangkong together with Ah Yeo"

Yeah, somewhat somehow I feel like hanging out here with Ah Yeo too, I'm looking at what are they brewing here.

Posted by 3iii > 2018-09-27 06:08 | Report Abuse

Companies that earn low returns may get an occasional bounce in the short term, but their long-term performance will be just as miserable as their returns on capital.

Posted by lwyy60 > 2018-09-27 22:46 | Report Abuse

Gold price weakens, buy for weakness for long term. Good luck all.

Posted by Koh Sien Fook > 2018-10-12 13:00 | Report Abuse

http://www.enanyang.my/news/20181007/%E6%8A%95%E8%B5%84%E8%80%85%E9%81%BF%E9%99%A9-%E9%87%91%E4%BB%B7%E5%A4%A7%E6%B6%A8/

Posted by Alex™ > 2018-10-24 11:34 | Report Abuse

as long as this counter no up, that means stock market still can play hehe

Posted by lime1015 > 2018-10-25 11:18 | Report Abuse

Want to wait until market drops 100 points only can go up is it lol

Posted by Alex™ > 2018-10-27 11:03 | Report Abuse

Alex call buy

Posted by foreverchung > 2018-10-29 15:07 | Report Abuse

Time to park guys, 1 months left until play time is over.

Posted by tkl88 > 2018-11-09 12:12 | Report Abuse

http://www.msn.com/en-my/news/world/show-my-%e2%80%98billions%e2%80%99-dr-m-tells-zaid/ar-BBPtUQ5?ocid=ientp

Tun M at the launching of Poh Kong’s ‘Gold Note of Hope’

Posted by Alex™ > 2018-12-07 19:58 | Report Abuse

haiyo, this year eat grass lo...

Posted by Alex™ > 2018-12-07 20:00 | Report Abuse

btw pohkong year year huat....but share price sadding...

Posted by Alex™ > 2018-12-08 09:48 | Report Abuse

Itu AR... Ada mention ecommerce retailing... Macam gooding.... Maybe I will buy gold for my wife also hehe.... Gold note of hope gooding?

Posted by Alex™ > 2018-12-08 14:33 | Report Abuse

wah, why all my counter give money to tabung malaysia? Itu RM1m shareholder money tau? got my approval or not?

Posted by Alex™ > 2018-12-08 14:33 | Report Abuse

Poh Kong will contribute RM30 from the sale of each “Gold Note of Hope” to the national fund

Posted by Alex™ > 2018-12-08 14:34 | Report Abuse

To approve the payment of the Directors’ Fees and Allowances amounting to RM334,700.00 for the year ended 31 July 2018.

Posted by Alex™ > 2018-12-08 14:35 | Report Abuse

POH KONG JEWELLERS SDN BHD
Lot 10, PN3792, Section 9 Township of Petaling Jaya Selangor Darul Ehsan
No.7, Jalan Timur 46000 Petaling Jaya Selangor Darul Ehsan
Single storey detached house incorporating attic floor
Leasehold (Expiring in 2053)
Residential 1,024.6 square metres
Approximately 46 years
3,504,900
27.12.94

Posted by Alex™ > 2018-12-08 14:36 | Report Abuse

aiya leasehold ah? gone case....

Posted by Alex™ > 2018-12-08 14:37 | Report Abuse

SUBSTANTIAL SHAREHOLDERS’
Poh Kong Sdn Bhd 239,208,886 58.29 %

Posted by Alex™ > 2018-12-08 14:37 | Report Abuse

top 30 shareholders holding >85% shares

Posted by Alex™ > 2018-12-08 14:37 | Report Abuse

2 shareholders holding >65% shares

Posted by foreverchung > 2018-12-09 19:56 | Report Abuse

Don't worry, people buy this counter not to invest for its growth or goreng, just like a hedge-hedge nia.

Posted by Alex™ > 2018-12-12 19:49 | Report Abuse

Bursa stocks mostly gg... Why gold belum up yet?

Posted by Nicholasming91 > 2018-12-12 20:11 | Report Abuse

No money how to buy gold ?

Posted by foreverchung > 2018-12-30 19:23 | Report Abuse

Every 2 week if gold end up higher, then collect abit!

Posted by Sebastian Sted Power > 2019-01-04 22:55 | Report Abuse

this stock good! Why?

1- 2019 world stock won't better than 2018. So ppl will invest gold
2- 2019 is piggy year. Many many baby pig. All the Ah Gong and Ah Ma busy buy gold for their piggy grandchildren
3- still trading at single digit PE (Hongkong, China gold jewelry counter all PE above 20)

Below 50cents still dont want buy? Then apa lagi you mau?

Posted by foreverchung > 2019-01-07 16:34 | Report Abuse

Gold up again. Collect. Ezpz.

Posted by limkokthye > 2019-01-10 21:01 | Report Abuse

why najib boh gold note of hope?

Posted by limkokthye > 2019-01-10 21:02 | Report Abuse

poh kong should make (1mdb note of hope) with najib and rosmah face

Posted by foreverchung > 2019-01-11 17:09 | Report Abuse

https://www.thestar.com.my/business/business-news/2019/01/11/poh-kong-allots-up-to-rm15m-for-new-stores-in-2019/

Posted by Sebastian Sted Power > 2019-01-11 20:40 | Report Abuse

Higher gold prices to boost Poh Kong's profit in FY19

By Justin Lim | 2019-01-11 17:33:38

KUALA LUMPUR (Jan 11): Poh Kong Holdings Bhd, the country’s largest jewellery retail chain store, expects to stem the decline in net profit to record a growth in the current financial year ending July 31, 2019 (FY19), on anticipation of higher gold prices this year.

Its executive chairman cum managing director Datuk Eddie Choon Yee Seiong is predicting gold price for 2019 to trade at US$1,300 to US$1,400 per ounce levels in the next 12 months, up from below US$1,300 per ounce now.

"If gold prices trend upwards, our margin will be better and this will help lift our profitability,” he told reporters after the group’s annual general meeting today.

For FY18, Poh Kong saw a 20.7% decline in net profit to RM23.4 million from RM29.53 million in the previous year, while revenue rose 14.4% to RM1 billion from RM877 million.

Choon is of the view that gold will benefit from the ongoing US-China trade war concerns, as investors may find the precious metal a safe haven.

Bloomberg data showed spot gold price rose 0.62% or US$7.93 to trade at US$1,294.58 per ounce at 3.33pm. Over the past one year, the price of gold has been trading in the range of US$1,362.40 to US$1,176.20 per ounce.

Given the optimistic prospects for gold prices, Choon said Poh Kong will continue to put effort on areas such as inventory management and cost control to further improve the group’s efficiency to lift profit.

“Expansion is also one way to enhance our profit margin and we will introduce products to meet the current market de

Posted by sharkeatapple > 2019-01-14 16:41 | Report Abuse

http://www.enanyang.my/news/20190113/美元下跌激励金价/

Posted by foreverchung > 2019-01-17 12:01 | Report Abuse

I think Yeoman and co now holds more than 20% of the company already lol.

Direct + Indirect:
Mr Yeo: 8.71%
Yeoman 3: 7.74%
Yeoman Cap: 8.04%
Mrs Lim: 8.71%

What is this black magic?

Posted by foreverchung > 2019-01-17 12:01 | Report Abuse

can someone help me understand? i noob in this lol.

Posted by commonsense > 2019-01-24 10:08 | Report Abuse

The price of gold actually started to went up back in mid-September 2018 when US intensified the trade war with China by imposing an additional tariff to USD200bil worth of Chinese products (US actually had already imposed a tariff on China product back in July 18 but the products amount was smaller at only USD50bil). The tariff had people running to safe haven investments like US treasuries, Japanese Yen and gold. Currently the 2 big economies are planning for a trade negotiation on 30 to 31 Jan 2019. The outcome of these negotiation will determine the appeal of haven assets like gold which would also determine the outlook of jeweler companies like Poh Kong.

This is actually more of a binary trade where Poh Kong will benefit (via the appreciation of gold price) if the negotiation falls through or would have a lower profit outlook if Trump and Xi Jinping managed to come out with a deal later. That being said, I doubt that the gold price would be able to return to the 2011 – 2012 level of almost USD2000/oz. Maximum profit for the company if the negotiation falls through would be around RM25mil (near FY18 level) which values the company at a PE of only 7.8x.

However, if US and China managed to come to an agreement, of which we will see a fall of gold price to around USD1100 to USD1200 level, Poh Kong would most probably be able to deliver a profit of around RM12mil to RM15mil which values the company at around 13x PE. Which is actually not that high. But given the current market environment, investors can actually find companies that are trading below 10x PE and still able to deliver profit growth in FY19.

If you are looking to diversify your portfolio outside of Poh Kong (due to its earnings uncertainties) I would recommend you to look at MBMR.

MBMR is a direct proxy to Perodua via its 22.6% interest in the company. Valuation is cheap at only 6.9x PE (based on target FY18 profit of RM145mil. 9m profit is already RM106mil). PB is low at only 0.7x BV. 4Q18 results is expected to be higher than 3Q18 and last year's 4Q17.

FY19 growth will be driven by the still high demand of the new Myvi and the newly launched SUV Aruz and also the newly revamp Alza in 2H19. The recent announcement of closure and potential disposal of the loss-making alloy wheel manufacturing business alone is expected to boost the company’s profit by an additional RM10mil to RM20mil. I am projecting a profit to shareholder of RM170 mil for FY19 which at the current price values MBMR at only 5.9x PE.

Please go through the analyst reports (https://klse.i3investor.com/servlets/stk/pt/5983.jsp) and do your own analysis before making any decisions. There are 8 analysts in total covering the stock with most of them having a TP of above RM3 (all have a buy rating). The average TP for the 8 analysts is around RM3.50.

Good luck.

Posted by 129055444514385 > 2019-01-24 11:34 | Report Abuse

Funds sapu pohkong shares :)

Tuesday, 15 Jan 2019

5:20PM POHKONG YEOMAN CAPITAL MANAGEMENT PTE LTD (250,000 units Acquired)

5:20PM POHKONG LIM MEE HWA (250,000 units Acquired)

5:20PM POHKONG YEO SENG CHONG (250,000 units Acquired)

5:20PM POHKONG YEOMAN 3-RIGHTS VALUE ASIA FUND (250,000 units Acquired)







Dividend is also on the way :)

POHKONG - Notice of Book Closure
POHKONG - Notice of Book ClosureILC-30112018-00017First and Final Single Tier Dividend of 1.00 sen per share. Kindly be advisedof the following : 1) The above Company's securities will be traded andquoted "Ex - Dividend? as from: 13 Feb 2019 2) The last date of lodgment : 15Feb 2019 3) Date Payable : 8 Mar 2019 Remarks: The payment of the First andFinal Single Tier Dividend of 1.00 sen per Ordinary Share in respect of thefinancial year ended 31 July 2018 is subject to the approval of theshareholders at the Sixteenth Annual General Meeting of the Company to beconvened on 11 January 2019.MANAGER, REF. DATA MANAGEMENTYou are advised to read the entire contents of the announcement or attachment.To read the entire contents of the announcement or attachment, please accessthe Bursa website at http://www.bursamalaysia.com


30/11/2018 07:00 AM


Ref Code: 201811305100121

Posted by 129055444514385 > 2019-01-24 11:36 | Report Abuse

Only buy, never sell since July 2018 :)


MADAM LIM MEE HWA 11-Jan-2019 Acquired 250,000
MR YEO SENG CHONG 11-Jan-2019 Acquired 250,000
YEOMAN 3-RIGHTS VALUE ASIA FUND 11-Jan-2019 Acquired 250,000
YEOMAN CAPITAL MANAGEMENT PTE LTD 11-Jan-2019 Acquired 250,000
MADAM LIM MEE HWA 29-Aug-2018 Acquired 250,000
MR YEO SENG CHONG 29-Aug-2018 Acquired 250,000
YEOMAN 3-RIGHTS VALUE ASIA FUND 29-Aug-2018 Acquired 250,000
YEOMAN CAPITAL MANAGEMENT PTE LTD 29-Aug-2018 Acquired 250,000
MADAM LIM MEE HWA 24-Jul-2018 Acquired 250,000
MR YEO SENG CHONG 24-Jul-2018 Acquired 250,000
YEOMAN 3-RIGHTS VALUE ASIA FUND 24-Jul-2018 Acquired 250,000
YEOMAN CAPITAL MANAGEMENT PTE LTD 24-Jul-2018 Acquired 250,000

Posted by 129055444514385 > 2019-01-24 11:40 | Report Abuse

gold price is expected to rise further :) Net assets per share RM1.28, the stocks are mainly gold, just liquidate the company, shareholders could get back at least RM1 haha

POHKONG Financial Information
Market Capital (RM)
: 194.92m
Number of Share
: 410.35m
EPS (cent)
: 5.17 *
P/E Ratio
: 9.19
ROE (%)
: 4.04
Dividend (cent)
: 1.000 ^
Dividend Yield (%)
: 2.11
Dividend Policy (%)
: 0
NTA (RM)
: 1.280
Par Value (RM)
: 0.500

* Calculated based on the net profit of the trailing twelve months and latest number of shares issued.
^ Total dividend amount declared for financial year ended 2018-07-31.

Posted by 129055444514385 > 2019-01-24 11:42 | Report Abuse

Buying pohkong can also be treated as investing in gold stocks .......with the dividend coming, worth to grab some before it is too late....... :)

Recent Prices
Date Open Range Close Change Volume
23/01/2019 0.48 0.475 - 0.48 0.475 -0.015 (3.06%) 157,400
22/01/2019 0.49 0.49 - 0.49 0.49 -0.01 (2.00%) 18,100
18/01/2019 0.50 0.00 - 0.00 0.50 0.00 (0.00%) 0
17/01/2019 0.50 0.50 - 0.50 0.50 +0.005 (1.01%) 88,000
16/01/2019 0.49 0.49 - 0.495 0.495 +0.005 (1.02%) 15,000
15/01/2019 0.49 0.00 - 0.00 0.49 0.00 (0.00%) 0
14/01/2019 0.52 0.49 - 0.52 0.49 -0.03 (5.77%) 302,500
11/01/2019 0.485 0.485 - 0.52 0.52 +0.035 (7.22%) 349,400
10/01/2019 0.48 0.48 - 0.485 0.485 0.00 (0.00%) 157,500
09/01/2019 0.485 0.48 - 0.485 0.485 +0.005 (1.04%) 6,100
08/01/2019 0.47 0.47 - 0.48 0.48 -0.005 (1.03%) 24,100
07/01/2019 0.485 0.485 - 0.485 0.485 +0.005 (1.04%) 300
04/01/2019 0.465 0.465 - 0.48 0.48 +0.01 (2.13%) 13,000
03/01/2019 0.47 0.47 - 0.47 0.47 -0.01 (2.08%) 36,600
02/01/2019 0.48 0.465 - 0.48 0.48 +0.03 (6.67%) 73,000
31/12/2018 0.45 0.00 - 0.00 0.45 0.00 (0.00%) 0
28/12/2018 0.475 0.45 - 0.48 0.45 -0.01 (2.17%) 40,800
27/12/2018 0.46 0.46 - 0.46 0.46 -0.01 (2.13%) 5,000

Posted by 129055444514385 > 2019-01-24 11:45 | Report Abuse

:)

Poh Kong Holdings Bhd expects to stem the decline in net profit to record a growth in the current financial year ending July 31, 2019, on anticipation of higher gold prices this year.

Its executive chairman-cum-managing director Datuk Eddie Choon is predicting gold price to trade at US$1,300 to US$1,400 per ounce in the next 12 months, up from below US$1,300 per ounce now.

Choon is of the view that gold will benefit from the ongoing US-China trade war concerns, as investors may find the precious metal a safe haven.

http://www.theedgemarkets.com/article/genting-poh-kong-scomi-energy-perisai-petroleum-tatt-giap-apft-spring-gallery-and-green

Posted by 129055444514385 > 2019-01-24 12:10 | Report Abuse

Inventories RM581mil+ as at 31 Oct 2018 , gold price has risen since 31 Oct 2018... it will report higher profit for the quarter ended 31 Jan 2019 :)

Higher gold prices to boost Poh Kong's profit in FY19

By Justin Lim | 2019-01-11 17:33:38

KUALA LUMPUR (Jan 11): Poh Kong Holdings Bhd, the country’s largest jewellery retail chain store, expects to stem the decline in net profit to record a growth in the current financial year ending July 31, 2019 (FY19), on anticipation of higher gold prices this year.

Its executive chairman cum managing director Datuk Eddie Choon Yee Seiong is predicting gold price for 2019 to trade at US$1,300 to US$1,400 per ounce levels in the next 12 months, up from below US$1,300 per ounce now.

"If gold prices trend upwards, our margin will be better and this will help lift our profitability,” he told reporters after the group’s annual general meeting today.

For FY18, Poh Kong saw a 20.7% decline in net profit to RM23.4 million from RM29.53 million in the previous year, while revenue rose 14.4% to RM1 billion from RM877 million.

Choon is of the view that gold will benefit from the ongoing US-China trade war concerns, as investors may find the precious metal a safe haven.

Bloomberg data showed spot gold price rose 0.62% or US$7.93 to trade at US$1,294.58 per ounce at 3.33pm. Over the past one year, the price of gold has been trading in the range of US$1,362.40 to US$1,176.20 per ounce.

Given the optimistic prospects for gold prices, Choon said Poh Kong will continue to put effort on areas such as inventory management and cost control to further improve the group’s efficiency to lift profit.

Posted by 129055444514385 > 2019-01-24 13:07 | Report Abuse

:)

Poh Kong Holdings Bhd has allocated between RM9.0 mln and RM15.0 mln capital expenditure (capex) to open three new stores in 2019. Of the total capex, about RM3.0 mln to RM5.0 mln will be used for each of the store. With these new stores, Poh Kong will have 95 outlets nationwide under various brands including retail concept stores. (Bernama)

Posted by davidkkw79 > 2019-01-24 20:06 | Report Abuse

I suggest poh kong to pay in gold or silver should be much more better idea.

Posted by 129055444514385 > 2019-01-24 21:19 | Report Abuse

Pohkong, so much undervalued campared to HK Luk Fook, the price to Book Ratio was scary :)

Pohkong - Key Statistics
P/E Ratio 9.69
Shares Outstanding 410.35M
Price to Book Ratio 0.3897
Price to Sales Ratio 0.1971
1 Year Return -18.68%
30 Day Avg Volume 52,330
EPS 0.05
Dividend 2.02%
Last Dividend Reported 0.01
Earnings Announcement for Period Ending Q1/2019:03/12/2019


Hongkong Luk Fook - Key Statistics
P/E Ratio 8.68
Shares Outstanding 587.11M
Price to Book Ratio 1.3255
Price to Sales Ratio 0.8123
1 Year Return -15.42%
30 Day Avg Volume 1,092,033
EPS 2.58
Dividend 4.92%
Last Dividend Reported 0.55
Earnings Announcement for Period Ending Q2/2019:06/27/2019

(Source: Bloomberg)