pohkong n tomei also need to buy raw material gold right ? Gold up doesn't it mean bad to Pohkong & tomei ? Unless they can pass on the cost to consumers.
Poh Kong Net Asset per share is RM1.36. Hope the next target and stable at least 88 Cents. GOLDs hedge against not only inflation but also volatile time. Being tested more than a few thousand years. Gold buyers are all kaya-raya, huat, and properous. 2020 is Poh Kong year.
What i trying to say is, if u burn your hand on tech shares or glove shares, will you all in back to those shares that you just sold today? Of coz you will not 100% buy back those. You may keep some cash or will try to hold some oil and gas and gold. U may not want to miss the boat.
lol. it will slowly sink back to 0.5. gold price high, people that buy gold might postpone their plan. only those marry will buy. but so many shop, not only pohkong. think using brain
gold price didn't drop much actually, just open high close back the gap up price. gold future going green already, support now 1550, train to restart soon...
newbie thought they get free money for CNY. instead is the sifu get free money for CNY. dont be naive newbie investor, there is no free lunch. rmb this rule in stock market.
Just drop a lot recently, may earn money if buys at RM0.54 per share. Hope Poh Kong will test high again if next quarterly report earning more than 2 cents.
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....
davidkkw79
5,068 posts
Posted by davidkkw79 > 2020-01-08 11:31 | Report Abuse
i can foresee later might has a numberous of uncle & auntie go to buy massive gold