@nestor haha true that, director is getting an LV bag for his son
Gold price 1884 USD now, still a 20 points gained from 1864 at 5pm just now.
Though Poh Kong is totally a speculative stock from Gold price rally, as they don't actually benefit from Gold price increment. In fact it might hurts their sales.
But well, market is traded on perceived value, so Gold price rally = Poh Kong rally hohohoho
China & USA shows how inflation looks like once the economy restart again after vaccination, with those tsunami of USD money printing & start flooding all the sector as hot money, look at the home price in US, people are rushing into property market to avoid inflation, China in another way hike export tax for steel and raw, they knew USA has a coming massive infrastructure plan that need steel & raw.. They wana kill each other with inflation, but sadly, the world below their legs will die first before either of them tumble down.. Makcik Pakcik, aunty Uncle will start buying gold like no tomoro after Malaysia economy restart when vaccination done.. to what extend, u can imagine urself then..
Yeah.. We can see Director dumb a bit of their possession recently, Director sometimes did silly things, like glove counters too, some director dumb share before it reach very top, some only dumb after the chart drop far under neckline, anyway they are still profit in term of average holding value, but Director always know how to terrify small ants in order to grab their undervalue stock to accumulate before the wave coming.. invest & trade wisely at ur own risk..
When Crypto crashed, where do u think all the hot money will goes? Silver and Gold... & it is happening now.. All the BNM & Capital Banks of other countries are holding gold at new high, not even one of them holding Crypto, the Support line is there.. what do u think?
Maybe Malaysia dont have baby boom in covid, but after covid, marry boom might happen, as many postponed their wedding during covid, people will still buy jewery and gold.. Just maybe.. haha..
When Crypto crashed, where do u think all the hot money will goes? Silver and Gold... & it is happening now.. All the BNM & Capital Banks of other countries are holding gold at new high, not even one of them holding Crypto, the Support line is there.. what do u think? 20/05/2021 10:21 AM
TO : yw92712 Maybe Malaysia dont have baby boom in covid, but after covid, marry boom might happen, as many postponed their wedding during covid, people will still buy jewery and gold.. Just maybe.. haha.. 20/05/2021 11:32 AM ================================================================================== Fully agreed with you , Poh Kong / 5080 Tomei / 7230
See_ Research Explains with full details These 2 gold stocks move up , move down on the world prices , when you believe that " Game Over " will be translated to the world gold prices are DRIFTING DOWN FROM
NOW 2.00 PM , 21 MAY 2021 -- ( i ) USD 1875.00 PER OUNCE TO LOWER LEVEL TO USD 1,800.00 PER OUNCE -- THAT IT IS GAME OVER .
(ii) USD 1,875.00 PER OUNCE ,MOVING HIGHER TO USD 1,900.00 AND ACROSS TO HIGHER LEVEL , AND TO THE OLD RECORD OF HISTORICAL PRICES -USD 2,067.00 PER OUNCE , THAT IS GAME IS ON THE WAY TO BIG PARTY .
When the world gold prices recover to the old high of USD 2,067.00 per ounce created on 7 August 2020, both these 2 gold stocks will offer huge returns.
Now -2.00 pm , 20 May 2021 the gold price is USD 1,873.00 per ounce . When the gold prices on the upwards thrust to the old high , it will offer a remarkable gain of USD 194.00 per ounce . By thence , you can visualise on the potential growth of 2 gold stocks to their old high prices. (i) Tomei / 7230 the old high = RM 1.88 / 10 Aug 2020 // by sell you can consider to take big profit -- by then the rank is " 10 " (ii) Poh Kong / 5080 the old high = RM 1.80 / 7 Aug 2020 // by sell you can consider to take big profit -- by then the rank is " 10 "
My only reason is that gold prices from the low of this year ,already in recovering process from this year low of USD 1,680.00 / 8 March 2021 on the way to challenge the psychological level of USD 1,900.00 per ounce , which already explained , it can overcome with at least 3 attempts.
Sincerely ,believe that you have these 2 stocks , for mid term , good gain will be achieved. In US , the current government is on the overtime mode in printing their USD to meet their citizens callings , freely , this action will help their investors to run into gold -- safe haven. ===========================================================================
See _Research will offer the investors , readers better understanding on the 2 above gold stocks , even the stocks will report good quality financial quarters ; reporting in KLSE that cannot be the determined factor for the upwards in their prices , as the stocks will required a strong theme , in this case , MUST BE PROPELLED WITH THE rising prices of the physical gold prices in the world. The rising prices of gold that are daily well trades in 3 world exchange centres (i) London OTC Market (ii) Shanghai Gold Exchange (iii) US Futures Exchange
In short , no country in the world can control on these 3 exchange centres , the HUGE amount of money as they are well traded in daily , over the day and night , every second ,every minute, every hour.
No way , you can be lure in for buy consideration ,these 2 gold stocks , as it
REALLY REQUIRE HUGE AMOUNT OF MONEY TO CONTROL THE WORLD GOLD PRICES .
(a) Poh Kong /5080 , RM 0.78 to RM 0.80/ lower chance to buy ; follow by RM 0.83 / higher appetite of risk can have better chance to buy follow by RM 0.87 highest appetite of risk can have best chance to buy
(b) Tomei / 7230 , RM 0.82 to RM 0.84 / lower chance to buy ; follow by RM 0.99 / higher appetite of risk can have better chance to buy follow by RM 1.07 / highest appetite of risk can have best chance to buy
Gold Technical Breakdown Gold is trending higher, with eyes on the next major potential barrier at the psychologically imposing 1,900 level. XAU/USD’s technical posture brightened after the precious metal broke above channel resistance that was in place from the August swing high.
A break over 1,900 may inject further bullish momentum into the commodity. Alternatively, a turn lower would have traders eyeing the recently broken resistance level to turn into a possible area of support.
SEE_Research TO : OTB =========================================================================== INDEPENDENT ASSESSMENT
Fully agreed with you you have not been posting in I3 blog , I3 forum for long time , as to avoid misunderstanding on certain issues thru the readings , you have been a " gentleman " with good characteristics , all of us will understand with your sharing in goodness to your members out of the results = (i) 75 % good (ii) 13% neutral (iii) 12 % negative
In short , it is definitely , an exemplary , meritorious results , just be very honestly to your self , who can issue a near perfect (i) above 95 % correct buy calls or (ii) above 95 % correct sell calls
========================================================================= Sorry , to note that upon reading inside the forums , most of us , do not understand on the share movements; the mechanism how it works , in up ; likewise in down ,
more so in these 2 "gold stocks " (a) Tomei /7230 (b) Poh Kong / 5080
Many of you, simply shout-HUAT shout-LIMIT UP without proper understanding
See_ Research Explains with full details These 2 gold stocks move up , move down on the world prices , when you believe that " Game Over " will be translated to the world gold prices are DRIFTING DOWN FROM
NOW 2.00 PM , 21 MAY 2021 -- ( i ) USD 1875.00 PER OUNCE TO LOWER LEVEL TO USD 1,800.00 PER OUNCE -- THAT IT IS GAME OVER .
(ii) USD 1,875.00 PER OUNCE ,MOVING HIGHER TO USD 1,900.00 AND ACROSS TO HIGHER LEVEL , AND TO THE OLD RECORD OF HISTORICAL PRICES -USD 2,067.00 PER OUNCE , THAT IS GAME IS ON --- ON THE WAY TO BIG PARTY .
When the world gold prices recover to the old high of USD 2,067.00 per ounce created on 7 August 2020, both these 2 gold stocks will offer huge returns.
Now -2.00 pm , 20 May 2021 the gold price is USD 1,873.00 per ounce . When the gold prices on the upwards thrust to the old high , it will offer a remarkable gain of USD 194.00 per ounce . By thence , you can visualise on the potential growth of 2 gold stocks to their old high prices. (i) Tomei / 7230 the old high = RM 1.88 / 10 Aug 2020 // by sell you can consider to take big profit -- by then the rank is " 8 "
(ii) Poh Kong / 5080 the old high = RM 1.80 / 7 Aug 2020 // by sell you can consider to take big profit -- by then the rank is " 8 "
Ranking 1 to 10 1 mean new seed 10 mean mature tree At this point of time , 21 May 2021 , the ranking is at "2.5" for Poh Kong ; the ranking is "3 " for Tomei .
My only reason to highlight is that gold prices from the low of this year ,already in recovering processes from this year low of USD 1,680.00 / 8 March 2021-- on the way to challenge the psychological level of USD 1,900.00 per ounce , which already explained , it can overcome with at least 3 attempts.
Sincerely ,believe that you have these 2 stocks , for mid term , good gain will be achieved. ========================================================================== THE REAL CATALYST In US , the current government is on the overtime mode in printing their USD to meet their citizens callings , freely , ON OVERTIME MODE this action will help their US investors to run into gold --as safe haven. ===========================================================================
See _Research will offer the investors , readers better understanding on the 2 above gold stocks , even the stocks will report good quality financial quarters ; reporting in KLSE that cannot be the determined factor for the upwards in their prices , as the stocks will required a strong theme , in this case , MUST BE PROPELLED WITH THE rising prices of the physical gold prices in the world. The rising prices of gold that are daily well trades in 3 world exchange centres (i) London OTC Market (ii) Shanghai Gold Exchange (iii) US Futures Exchange
In short , no country in the world can control on these 3 exchange centres , the HUGE amount of money as they are well traded in daily , over the day and night , every second , every minute, every hour. in 3 exchanges , in different time zones.
No way , you can be lure in for buy consideration ,these 2 gold stocks , BY KYY BY OTB BY OTHERS as it REALLY REQUIRE HUGE AMOUNT OF MONEY TO CONTROL THE WORLD GOLD PRICES
Now, you will understand that no one can lure you in to buy or not to buy.
Here comes $1,900 gold price? All eyes on U.S. data Anna Golubova Anna Golubova Monday May 17, 2021 15:50 Kitco News
(Kitco News) Gold is getting a boost from a more downbeat U.S. economic data outlook, according to TD Securities, which sees the coveted $1,900 an ounce level as within the precious metal's grasp.
The $1,900 level has been eluding gold since the beginning of January when the precious metal began its downtrend, which only ended last month after gold seemed to have found a bottom just above the $1,680 an ounce level.
Going forward, investors should keep a close eye on gold's relationship with the U.S. macroeconomic data that have been disappointing recently, especially when it came to the U.S. latest employment and retail numbers.
"Gold tends to outperform when economic data is weakening and underperforms when economic prospects improve. Economic data expectations are often adaptive, falling sharply following a negative shock such as COVID shutdowns and the accompanying weak data. Conversely, when data inflects higher, the consensus tends to extend the developing positive trend higher, often overestimating future activity," TD Securities head of commodity strategy Bart Melek explained.
And right now is the time when markets digest several misses on the data front. Market consensus is also likely to downgrade its expectations, Melek added. All of this could help push gold even higher.
"As the data starts to follow a downward trajectory again and the market enters the corrective part of the data cycle, yields should be held down and the USD may be under pressure. Given that the Fed still has an aggressive full employment mandate, inflation expectations may do what they did when data was beating expectations, but in reverse— dropping less than yields. Low real yields should send gold higher again," he said.
On Monday, gold surged nearly $30, with June Comex gold futures last trading at $1,867.80, up 1.62% on the day.
The precious metal broke several critical technical barriers, which accelerated the momentum higher.
"Given gold broke through the 200-day moving average ($1,846/oz), technicians and other money managers may grow exposure. As such, gold may well move within striking distance of our $1,900+/oz target, should U.S. economic data continue to disappoint," Melek pointed out.
The inflation narrative is another positive driver for gold, with fears of price pressures weighing on the market in general.
"With investors sounding the alarm over inflation, institutional interest in the precious metals complex is rising once again," TD Securities said on Monday. "Following months of outflows, returning speculative interest could ultimately spark a breakout. TD Securities expects this period of high inflation to prove transitory, but there remains a substantial amount of uncertainty surrounding the path for inflation. Nonetheless, considering that gold is underperforming against periods of high inflation, we see substantial upside risks for the yellow metal."
Ya pohkong not mining gold..but in it last QR clearly stated increase of profit due to uptrend of gold price.last QR was end Jan 21..Remember on Feb,March & April 21, u need to que up to enter jewelery shop?forgot? This coming QR should hv better report..If yes & at same time the gold price trading above 2000, it will big booster for pohkong price to cross 52week high..Remember,u are not trade at above 1.50,but 0.91 maaa.....
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....
Kakaka
2 posts
Posted by Kakaka > 2021-05-07 10:18 | Report Abuse
tmr still can up?