U re wrong. Just want to save those who bght high. Cant sleep. It will gap up.. Dont want 2 be those who spread wrong info. Most important. Retailer or Miner. Respect those with sincere feelings. Miners make more. U decide. Its ur money
If gold could stay high around 2k surely it will be very positive for Poh Kong and Tomei. Their inventory values surely will increase tremendously and their earning surely will double too since gold transactions won't stop here. The demand for gold will always be there.
Today , BNM report GDP growth, most probably negative 10% n above ... From common sense , after lunch time, should be profit taking for those counters already gone up 50-150% in last 30-60 days n glove counters will face selling pressure ... be cautious but Poh Kong is cheap if below 85cents n Tomei is cheap if below 93 cents ...
KUALA LUMPUR: The Malaysian economy contracted 17.1 per cent in the second quarter of 2020 from a 0.7 per cent growth in the first quarter.
Bank Negara Malaysia said the decline reflected the unprecedented impact of the stringent containment measures to control the Covid-19 pandemic globally and domestically.
Warren Buffett bought new stakes in a GOLD MINING COMPANY - Barrick Gold doesn't means he is bullish with short term gold price. It might be just a hedge against possible bad time.
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....
NESARAJAH1
403 posts
Posted by NESARAJAH1 > 2020-08-13 22:38 | Report Abuse
Sweet dreams all.