TOMEI CONSOLIDATED BHD

KLSE (MYR): TOMEI (7230)

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Last Price

1.16

Today's Change

+0.01 (0.87%)

Day's Change

1.13 - 1.16

Trading Volume

255,600


2 people like this.

1,488 comment(s). Last comment by Income 5 days ago

hng33

19,486 posts

Posted by hng33 > 2023-05-16 11:56 | Report Abuse

sold tomei at 1.35

ahbah

5,384 posts

Posted by ahbah > 2023-05-16 16:44 | Report Abuse

Why chicken out so veri fast ?

Invest_888

763 posts

Posted by Invest_888 > 2023-05-19 11:21 | Report Abuse

Bought Tomei @ RM1.23 today.

Invest_888

763 posts

Posted by Invest_888 > 2023-05-19 11:41 | Report Abuse

When gold price goes up more than USD2000, Tomei revenue will reduce but with much higher profit margin, which result in higher earning. When gold price goes down less than USD2000, Tomei revenue will increase significantly with lesser profit margin, which in result in slightly LESSER profit only.
Latest quarterly(JAN-MAR2023) earning is 8.56cent. NTA= RM2.73.

Income

7,588 posts

Posted by Income > 2023-05-21 12:43 | Report Abuse

Hng panlai lah 🤔

Kevin Tam

489 posts

Posted by Kevin Tam > 2023-05-21 17:18 | Report Abuse

With the strong fundamental of Tomei plus profit before tax has gone up to above RM60 mil in 2022…. With gold prices has been at high prices of USD1960-2060, Tomei should worth more than 1.40-1.45…

Invest_888

763 posts

Posted by Invest_888 > 2023-05-22 09:00 | Report Abuse

US debt ceiling and bank crisis, and over printing money world wide will cause gold price to go up. Moreover, recent drops in RM more than 2%, Tomei at RM1.24 is at very good price to buy.

ahbah

5,384 posts

Posted by ahbah > 2023-05-22 17:59 | Report Abuse

Korrect. Just kollect some n keep.

ahbah

5,384 posts

Posted by ahbah > 2023-05-22 18:02 | Report Abuse

FAT ... most powerful, can create n print moni out of nothingness / emptiness.

kayce

15 posts

Posted by kayce > 2023-05-23 15:23 | Report Abuse

BUY Gold! Pawn Gold! Short Term Finance !

manahin

238 posts

Posted by manahin > 2023-05-29 16:34 | Report Abuse

Aaargh!

speakup

22,941 posts

Posted by speakup > 2023-05-29 18:35 | Report Abuse

Beheading start

Invest_888

763 posts

Posted by Invest_888 > 2023-05-30 09:58 | Report Abuse

Tomei price at RM1.07 means that some players thought that the gold will fall below USD1900 in short time, and never take the depreciation of RM into consideration. Dollar index up around 3% and RM down around 3% in 3 weeks time.

ahbah

5,384 posts

Posted by ahbah > 2023-05-30 09:59 | Report Abuse

Be gridi when others are fearful ?

Invest_888

763 posts

Posted by Invest_888 > 2023-06-01 09:07 | Report Abuse

Tomei share price at RM1.08 was at bottom as US debt ceiling crisis resolved. Gold price recovers from USD 1932 to USD1966, almost 2% gain. But depreciation of RM is still 3% and dollar index at 104.22 a gain of around 3%. In other words the gold price in RM is same as gold price in 2-3 weeks ago when the gold price was above USD2000.
Therefore, the Tomei share price which is calculated in RM is at discounted price at least 10% as 2 to 3 weeks ago

Invest_888

763 posts

Posted by Invest_888 > 2023-06-02 09:35 | Report Abuse

Gold price goes up above USD1970 as dollar index falls to 103.5 and no more interest increment is expected next month as bank crisis still going on in US.

manahin

238 posts

Posted by manahin > 2023-06-12 10:47 | Report Abuse

Time to be greedy!

pang72

49,771 posts

Posted by pang72 > 2023-06-23 16:50 | Report Abuse

Habis cerita..
Gold crashing..
So, this is called everything crashing

pang72

49,771 posts

Posted by pang72 > 2023-06-23 16:50 | Report Abuse

80c mari again for reentry

Remnant17

41 posts

Posted by Remnant17 > 2 months ago | Report Abuse

Am interested to buy gold shares ..anyone can help..thanks a lot 🙏

Invest_888

763 posts

Posted by Invest_888 > 2 months ago | Report Abuse

Bought Tomei @ RM1.05 as gold price hits USD 1960. Moreover, the US index hits lowest in this year 100.23 amidst China inflation is zero. China buys gold for the 8 straight months, totaling 165 tonnes.
As China experience zero inflation, lower interest rate to boost economy is expected in China. This in turn will pressure the US interest to keep the interest rate. Tomei volume is the highest since 30 May.

manahin

238 posts

Posted by manahin > 2 months ago | Report Abuse

Silver skyrockets..... Good for tomei!

Invest_888

763 posts

Posted by Invest_888 > 2 months ago | Report Abuse

Great time to buy Tomei share. Still at low price in compare with gold price i.e. USD1979 and RM is depreciated 3% against USD in these 3 months.

Invest_888

763 posts

Posted by Invest_888 > 1 month ago | Report Abuse

Great potential for Tomei share price. No more obstacle. US interest raised by 0.25% yesterday, but the gold price still going up to USD1976 now. US inflation rate is only 3% last month.
Latest Tomei yearly earning EPS is 44.73cent, NAV/NTA= RM2.73. Share price is RM1.10. UNDERVALUED!

hng33

19,486 posts

Posted by hng33 > 1 month ago | Report Abuse

bought tomei at 1.10

hng33

19,486 posts

Posted by hng33 > 1 month ago | Report Abuse

Added more tomei at 1.09

Samuelgold

179 posts

Posted by Samuelgold > 1 month ago | Report Abuse

i also bought at 1.09

hng33

19,486 posts

Posted by hng33 > 1 month ago | Report Abuse

Upcoming BRICS meeting will intensify de dollarization and tail end rate hike will give boost up to GOLD price

Invest_888

763 posts

Posted by Invest_888 > 1 month ago | Report Abuse

Tomei share price is still at the begining of upward trend. Gold price goes up due to lower inflation in US. Anyway, Tomei make huge earning even gold price at USD1900.

speakup

22,941 posts

Posted by speakup > 1 month ago | Report Abuse

In Malaysia, upstream Gold companies cannot perform. Only downstream Gold companies can perform. Very unique situation we have in Malaysia

hng33

19,486 posts

Posted by hng33 > 1 month ago | Report Abuse

Gold price will surpass USD 20,000 soon as Fed and major central banks are at tail end of the current monetary policy tightening cycle amid easing inflationary pressures

Invest_888

763 posts

Posted by Invest_888 > 1 month ago | Report Abuse

Latest Tomei yearly earning EPS is 44.73cent, NAV/NTA= RM2.73. Share price is RM1.15. UNDERVALUED!
If PE is 10, RM4.47. If PE is 5, it is worth RM2.23.
Anyway, Tomei make huge earning even the gold price is @ USD1900.

hng33

19,486 posts

Posted by hng33 > 1 month ago | Report Abuse

https://www.thestar.com.my/business/business-news/2023/08/02/traders-brace-for-wave-of-treasury-bond-sales

A lot of new debt issuance coming from US to meet its deficit budget, dollar index will decresing, gold price will boost up soon,

hng33

19,486 posts

Posted by hng33 > 1 month ago | Report Abuse

Fitch downgraded the United States to AA+ from AAA, citing fiscal deterioration over the next three years and repeated down-the-wire debt ceiling negotiations that threaten the government’s ability to pay its bills

hng33

19,486 posts

Posted by hng33 > 1 month ago | Report Abuse

dollar index will tumbling, gold price will shine soon

hng33

19,486 posts

Posted by hng33 > 1 month ago | Report Abuse

https://finance.yahoo.com/news/fitch-cuts-us-governments-aaa-215239912.html

Fitch downgraded the United States to AA+ from AAA, citing fiscal deterioration over the next three years and repeated down-the-wire debt ceiling negotiations that threaten the government’s ability to pay its bills


Dollar index will tumbling, gold will shine soon

hng33

19,486 posts

Posted by hng33 > 1 month ago | Report Abuse

https://finance.yahoo.com/news/fitch-cuts-us-governments-aaa-215239912.html

Fitch downgraded the United States to AA+ from AAA, citing fiscal deterioration over the next three years and repeated down-the-wire debt ceiling negotiations that threaten the government’s ability to pay its bills


Dollar index will tumbling, gold will shine soon

hng33

19,486 posts

Posted by hng33 > 1 month ago | Report Abuse

I have cut all gold stock after gold price failed to perform despite Moody downgrade US bond

SincereStock

1,505 posts

Posted by SincereStock > 4 weeks ago | Report Abuse

just reentered at RM1.10 today, the best current (fundamental to stock price) jewellery franchise in Malaysia, PE 2.64, 61% NTA discounted price. EPS still always superb regardless of gold price. definitely undervalued

SincereStock

1,505 posts

Posted by SincereStock > 3 weeks ago | Report Abuse

management should privatise this company as soon as possible while it's stock price still underperform

Invest_888

763 posts

Posted by Invest_888 > 3 weeks ago | Report Abuse

Good idea to privatise this TOMEI stock as the stock price is really undervalued. Latest finacial quarterly( APR-JUNE 2023)report, the EPS is 12.28cent, the NTA/NAV is RM2.81. Guys, the earning per share is 12.28 cents in 3 months.

Obviously, as long as the gold price is around US1900, Tomei makes great profit.

Bullballs

985 posts

Posted by Bullballs > 3 weeks ago | Report Abuse

Ya they should privatised it soonest possible and offer RM2 per share. Later can easily relist it on SGX at double the price

Invest_888

763 posts

Posted by Invest_888 > 3 weeks ago | Report Abuse

RM2 per share is really good offer FOR Tomei takeover. One year at least can earn 35cent. Spend 5 to 6 years to earn back RM2.00.

SincereStock

1,505 posts

Posted by SincereStock > 3 weeks ago | Report Abuse

yea RM2 definitely good, good for investors too almost double current price ^_^ win win situation

SincereStock

1,505 posts

Posted by SincereStock > 3 weeks ago | Report Abuse

so funny when i found NICE is trading above NTA although almost every QR in history making loses, while TOMEI consistently making profits and still trading below NTA lol

Bullballs

985 posts

Posted by Bullballs > 3 weeks ago | Report Abuse

One you goreng and the other u slowly buy and keep.

Bullballs

985 posts

Posted by Bullballs > 2 weeks ago | Report Abuse

No hurry, just do it slowly. All the gold got no shelf life. In fact the longer you keep the more valuable it becomes.

manahin

238 posts

Posted by manahin > 2 weeks ago | Report Abuse

Hurry, hurry, Coming!

Bullballs

985 posts

Posted by Bullballs > 2 weeks ago | Report Abuse

slow, slow collect. No hurry.

Income

7,588 posts

Posted by Income > 5 days ago | Report Abuse

Collect here. Follow me

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