Hi,

I got some inside info from my old time fren.he told me to buy poh kong shares,now its about 40cents.

I dont know how true or not la...what u guys think? or senior traders here think?

whats inside info ur friend's referring?...

Most of the time, inside information per se is rubbish (especially if it comes from someone unrelated). Company secrets will not leak so easily.

based on pure analysis on the graph pattern, it's fair enough to enter at price ranged from 0.365 to 0.375 provided that the CI won't fall below 1000, if CI keep falling until below 1000, then all shares will fall and a lot of ppl will die.
i heard rumor that this will happens and the bull will only wake up on October (was July before as many taught this is a market correction) but i hope it won't happen.
i am not sure what's really happening too.

I think its because of gold price went up leh, PK gold stock a lot

Are you sure they stock a lot ?

I wont die and I'd love to see CI falling below 900 again That is the BEST time to accumulate. People die because of fear.

Please don't say PK because it sounds something else
If you want to see how many gold they stock, check their NTA. It will tell you a lot.

mostly contra kaki will die la..
we buy using cash can wait until it recover

Yup, agree. Correct correct correct!

Xuzen

"Jangan masuk"
Technical chart indicator shows selling signal
(1) Parabolic SAR Sell Signal,reverse
(2)MACD Sell Signal,MACD crosses below the MACD Signal Line
(3)MACD histogram is above the zero line and begins to converge towards the zero line.
(4)Volume by prices shows resistance prices at 0,42

Not able to insert the table of financial data here.

More details at: bla, bla, bla

Shares issued: 410,351,752

The inventory, mainly gold in form of raw material, work-in-progress and finished good worth RM 0.95 a share!

Net asset value about RM 0.68 a share.

Up to 3rd quarter 2009, the company has accumulated EPS of 4.73 cents for financial year 2009. At current price of RM 0.39, it is trading at single digit PE.

Investment in physical gold doesn't give you any dividend yield but Poh Kong does.

Because of it substantial amount of gold in its inventory and the share price is traded at considerably big discount to net asset value, it could be an alternative to gold investment at "cheaper price" and yet getting dividend yield, having the best of both world.

*There was bonus issue of 3 for 4 and share split of 1 into 2 on 18 Feb 2008 and 19 Feb 2008 respectively.

Financial data was obtained from KLSE tracker except for year 2006 which was abstracted from company annual report.

Hi, long time didn't see after E&O and unisem! still remember me? there is insider news said that poh kong will rise to RM0.60!

Already a thread here.....
http://forum.lowyat.net/index.php?showtopi...822&hl=poh+kong

he is he...mine is mine...believe it or not is up to u!

I agree with benghooi's comments, its the gold inventory that POh Kong is keeping...

With Gold hovering at about 1K not suprised shares of PK appreciate likewise.

GOLD 100 OZ FUTR (USD/t oz.) 1003.400 6.600 0.66 01:44

This post has been edited by aurora97: Sep 11 2009, 02:10 PM

lol.. i checked his post .. dont know price went up along with the bull market last time or really insider news caused the price up...

hehe! the fact will let u know....

Target = 0.50.

i don't know it's gem or not but what i know is that they are selling jewellery or perhaps gems?

what is your TP based on?

Pls post some data and your view on this counter if you really serious about it. Don just post a target price and expect ppl to contribute. I don see the point by just posting a target price without any reasons.

This post has been edited by darkknight81: Dec 1 2009, 06:56 PM

i remember i have read an article in biz.star.com, according to someone from gold retailer association,
higher gold price affects the gold retail business adversely... because public would be reluctant to buy expensive gold

Sounds logical..my friend even told me not to buy gold now because it's super expensive..

This post has been edited by DanielW: Dec 5 2009, 09:14 PM