the best safe winning stock of 2019 like u own poh kong shop if have100k big lots....even DJ big down gold will shoot up!,............if DJ up day day gaps up!...., apa lu tunggu lagi,see above rm1
Gold price is UDD550 per ounce today. Uncertainty and escalation of trade between China and US, push the gold price higher and higher. Need not to sell your Poh Kong share now. One day this share will surge.
I’ve sold ... careful folks.. even gold price up the affordability will be a problem for customers... if less sale means less profit or even loses .. pk may be in trouble though it’s net asset may up..
Gold is long term bullish if more developed countries adopted -ve interest rate for now.
Try to think, who will be so stupid paying money to buy -ve bonds & yet need to pay them (-ve interest). Definitely not China. China wont be fooled by these western financial theories, instead they will soon show the world how they re-engineered the financial theories the China way. Dont forget, China ppl's maths are not worst off then westerners.
China is already the biggest owner & trader of most metal commodities. Million question now is what will they buy next to park their money?
Poh Kong Holdings Bhd posted a net profit of RM5.39 million for the third quarter ended April 30, 2019, a 25.1% increase from the RM4.31 million recorded for the same period in the previous year, attributed to overall uptrend in gold prices.
However, the group’s revenue was down 1.7% to RM236.37 million from RM240.44 million, due to the decrease in demand of gold jewellery products.
Poh Kong’s nine-month net profit increased 5.7% to RM15.3 million against RM14.48 million reported in the same period of the previous year, while revenue rose 5.1% to RM768.65 million from RM731.35 million.
please look at Hong Kong's peer Chow Tai Fook Jewellery Group, PE as 18 (HK business is drop due to the decrease of china tourists). If Malaysia can attract those china tourists come buy gold then HO SIE liao
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
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Posted by 7300 > 2019-08-07 14:56 | Report Abuse
vow!....gold edi 1.5k above .......ini kali safest stk lah ,coming above 60sen soon!