Put in this way ,you are investing 49 sen for a yearly return of about 12 sen, it's about 25% of your ROI though the major portion is kept in the comp. but it's still your earning. One day the PB will be unrealistic and the price will be adjusted.
a question: gold price rebound from USD 1182/oz to USD 1426/oz = 20.6% within 2 months time. But share price of poh kong remained stagnant.. should we buy poh kong's share or buy gold directly? Since both have low entry cost. Can anyone pls enlighten me?
Thx, are they in foreign currencies? Hedged? Every girl loves Pohkong (right?) but at that gearing level and a quick ratio of only 0.30 are they safe? mmm...
Inventory at cost (549 million) plus cash (22 million) minus market value (189 million) minus total debts (294 million) equal 88 million, divided by share issued 410 million, potential upside RM0.21, thus my target price is RM0.67 ! And you get property,p&e (88 million), receivable (15 million) for FREE!
You can always improve your earning by proper timing in this stock, 1,4 sen on price 46 sen is 3% dividend yield and the normal ex-date is Feb. Time yourself to buy it at this price and hold it for about 3 months to ex-date and I believe the ex-price should be more or less the same, which means you get 3% in three months i.e. 12% per annum . right ?
3% dividend yield really good rdy. if we look it price range in 5 yr, 46 sen very good. hidden gem/gold for me. buy and hold for 2 yr then can see the real value. very easy ? share a joke here: 一天猪遇见了熊。
If you expect GOLD price up 20% in next 3 years, then you could expect POH KONG price shoot up to at least RM0.70 after 3 years. Pricing now is consider cheap, target buy price should be 0.480.
If Gold Price shoot up in future, the profit is much higher even sales volume is reducing. Currently even sales is high, but profit is reduced, those are quite normal if we know well in precious metal industry. During the time gold price starts moving up, the profit and sales would be increasing a lot - it means high dividend could be expected. In last few month, we could see this kind of sales activity increasing during gold price increasing a bit, the result could be encouraging. Why 3 years only 0.70, because Poh Kong shares could provide better dividend, not much surprise and not much problem, providing better saving value. Suitable for long term investment. Whether it will SHINE, all depends on GOLD PRICE, but dividend is the main rules.
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....
chia88
1,189 posts
Posted by chia88 > 2013-05-02 21:32 | Report Abuse
宝光的行情是横摆: Earning is low with large paid up. PK should be making at least 80mil profit yearly.