Skip to main content

Posts

Showing posts with the label Tongguan Gold Group

Featured Post

Market Daily Report: Bursa Malaysia Ends Nearly Flat As Construction Stocks Attract Buying

 KUALA LUMPUR, Sept 8 (Bernama) -- Bursa Malaysia closed almost flat on Tuesday as buying interest rotated away from index heavyweights towards smaller-cap construction stocks, with sentiment affected by geopolitical uncertainty, said an analyst. At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) eased 0.39 of a point to 1,714.40 from Monday’s close of 1,714.79. The benchmark index opened 1.65 points lower at 1,713.14 and moved between 1,710.44 and 1,714.50 throughout the trading session. The broader market was almost evenly balanced, with decliners leading gainers 548 to 546, while 598 counters were unchanged, 1,107 were untraded and 25 were suspended. Turnover expanded to 4.13 billion units valued at RM3.14 billion from 3.60 billion units valued at RM2.45 billion on Monday.

Tongguan Gold Group Drops 8.8% This Week but Maintains Strong 5-Year Run With 39% CAGR

Tongguan Gold Group (HKG:340) shares slid  8.8% this week , but long-term investors have little to complain about. The stock has delivered a remarkable  423% gain over the past five years , translating to a  39% compound annual growth rate (CAGR) . Key Performance: 5-Year Share Price Gain:  +423% 3-Year Gain:  +313% 12-Month Total Shareholder Return (TSR):  +279%, including dividends Quarterly Gain:  +65% Earnings Growth: The company turned  profitable within the past five years , marking a key inflection point. EPS has grown  5.5% annually over three years , though the share price rose at a much faster 60% annual pace, showing heightened market optimism. Dividends Matter: The  5-year TSR of 425%  exceeds the pure share price return, boosted by dividend reinvestments and corporate actions. Short-Term vs. Long-Term: The recent dip highlights short-term volatility, but the long-term trend suggests the market believes Tongguan Gold Gro...