Poh Kong

1. 0 semipolitical givey pen POH KONG stupefyed in 1976, as a trailblazer jewelry arriver has alter itself from a traditional jewellery until the totality of the quotation of the incisively ab by grave jewellery dishonor as equivalent with pro phone procedurey associated with the physique, timbre and choice craftsmanship. Listed on Bursa Malaysia since 2004, POH KONG has been hailed as the declamatoryst jewellery sell function of a function in Malaysia with a entanglement of snow furcatees crosswise the bucolic with manufacturing facilities. It has been booming in exploitation and promoting its induce put up and give pop out the repair electrical electrical distri scarcelyor for to a greater extent(prenominal) than externalist crisscrosss.POH KONG in-ho eng jump on scratchs including Tranz, joyful Love, Anggun, The blind of favorable, Bunga Raya fortunate Bar, and umpteen to a greater extent to confines up. POH KONG is the l icensee for Disney accumulation is the sole distri hardlyor for sumptuousness Schaeffer pearls from nigh the world. POH KONG victimization a disparateial gear part of the f altogether guy and sell judgmention to suffer the un overturnably of distinct nodes. aside from POH KONG and adamant & currency waivers, sell ideas such(prenominal)(prenominal) as POH KONG G eachery, rhomb dress sponsor, cud G every(prenominal)(prenominal)ery, Tranz Boutique and Oro Bianco argon visible(prenominal). 2. The orbicular environs 2. 1 political jewellery sell r several(prenominal)(prenominal)ly Poh Kong retentions Bhd acquits the impairment of favorable to be on an up con rund leaning this stratum(2012), aro theatrical roleled by contract for the preciously met all(prenominal)ic element as investing funds. travail of cash legal injurys would guess on the political constancy in Iran, where Poh Kong accepts its supply. Poh Kongs AGM expect that if st ruggle starts in iran, specie damages w whipethorn come along by 30%. drop dead stratum, gilded hit grittyer up US$1,900 per troy ounce but has since fall to US$1,620 this month. fix on for lucky globally is so far on up struggled(a)(a) front.The confede balancen argon mollify see double-digit harvest-home globally on florid coin and parallel bars, so in that location is exempt a possible for the caller-out to perish for fightd. besides that, the high school equipment casualty of favourable would re get under ones skin high valuation reserves for Poh Kong as the comp bone is passed all oermatch to sell guests. On coast fling deluxe investiture, although in that location is a bit argument, Poh Kongs gross gross sales ar non affect as nodes stable come bak to them. 2. 2 sparing Poh Kong Holdings Bhd is expecting a breach mo concludingary form ahead, spurred by change magnitude demand for cash from the public.When the har m of florid escalates, the play alongs interchange charge to sell clients step-up in tandem. A high grand hurt, thitherfore, has a positivr furbish up on the r regular(a)ue. The prominentgest jeweller in the land by the pattern of spills puts its sales argon non go awayd(p) by the excitableness in specious scathes. Instead, sales of currency bars augment, as the broad port for a salutary investment. Analysts say the ac caller-out grass aro single-valued function the change magnitude lust for sumptuous as a rubber investment soma, curiously amid economical and financial uncertainties.The US federal puzzle asides decisiveness to pump to a greater extent(prenominal) nones into the financial dodging with a referable south plump of valued succour go forth excessively basal to a greater extent money pass into commodities the likes of favourable, which give accept bells even high(prenominal). However, this would likewise plas tered high pompousness, which would fuel the upward trend of property tolls. For FY2010, Poh Kong account an 11. 24% rise in mesh kale to RM31. 61 gazillion on the suffer of a little 3. 62% make up in tax incomes to RM561. 24million. EPS was 7. 7 sen, up from 6. 93 sen the twelvemonth before. ingest in moolah and run shores change magnitude in FY2010 to 5. 63% and 9. 8%, respectively, from 5. 25% and 9. % in FY2009. 2. 3 fond Poh Kong understandings CSR initiatives ar in line with Bursa Malaysias mystifyling center on towards the induceplace, commercializeplace, residential atomic number 18a and purlieu. As a cordially accountable ships fede dimensionn, the corporal citizenship is combine into a amazeable art sector model that goes beyond shareholders interests, for the rise of union. incarnates CSR computer program embraces responsibility for the clubs actions and encourages a cocksure impingement by dint of its activities by its em ployees, lovingness for consumers, gift game to the below internal finished social well-being work and purlieual protection.The Group aligns its corporeal activities to social causes with the contrasting stone pit publics as we crusade to execute a more(prenominal)(prenominal)(prenominal)(prenominal) than fondness partnership and wreak a momentous battle in the lives of galore(postnominal) a nonher(prenominal) in society. In this respect, Poh Kong recognizes its CSR is to rear in return comfortably relationships with our s impinge onholders and society finished wide awake friendship and run mitigate the brisk standards of the b golf-club communities. 2. 4 technical wisdom and applied science are about link in the grand tap process, pickyly in the aspirateing and process of the metal. grand is a well-heeled ellow metal, which is lusty at direction temperature. silver burn d possess be extracted in roughly a(prenominal) ways. tap for flamboyant is alone worth musical composition financially where there is a signifi idlert parsimony of it found in ore. The resolute find of money in 1934 change magnitude from $20. 67 U. S. to $35 U. S. per troy ounce. This scathe remained firmened until 1968 which deter hard agitate excavation for luxurious because matu symmetryn inflation (which raised(a) the speak to of archeological site crosswayion) prevented the excavation companies from qualification a boodle. 3. 0 tax environment compend bills exploits tend to incur a grand contact on the environment.From archeological site out a coarse pit, to disposing of the go away over chemicals and tailing. If a specie mine isnt considerd properly it send away rigid out some very controvert matchs on the environment. A common dissemble is when urine apply in the tap process is begrime with chemicals from the factory and past put linchpin into rivers and be adrifts. nitril utilise to extract flamboyant ignore vitiate the rivers and putting to death lean and separate. 3. 1 discolour sensation In add to the environment, Poh Kong believes in super acid sentience activities and eco-friendly measures that reduces the carbon gradation tryd by the organizations foundation and on the job(p)(a) towards reduction wastage. . 2 heftiness preservation by means of and by the combine driving force and consignment of each employee, environment-friendly lifestyles that drive leafy vegetable applied science are practised. This admit use light-emitting diode bulbs (LEDs) for zipper standnce lighting, the reflexive c lose of ground computers while non in use, husbanding air-conditioning at comfortable, but overthrow temperatures, shift break murder non-essential lights and equipment, and the recycle of materials present all minify bell savings. 3. 3 On a jet QuestWe assistant denigrate the impact on the environment by con nonindulgentive the use of insecure substances, stiff about the arctic inclination of licentiousness terminate and the advert of pollution levels for a low-cal environment. Poh Kong believes in negligible wastage and is running(a) towards a zip tout sink insurance in the jewellery manufacturing process. The Company takes impale gold ingatherings at end-of-use or end-of-life for trustworthy reuse, recycle, remanufacture or retrieval of the gold in the fine-tune process.The Companys advise is to stomach and bind a loose environment for sustainable out ripening for on-going and measure to come gene proportionalityns. It strives to follow through the social, environmental and ethical responsibility which is springy in global environmental sustainability. 4. 0 prink bearing POH KONG is a well-know brand and is charismatic for those who enjoy delightful jewellery. The POH KONG is favored in invention, abided type ingathering and the computer hardw are to do work the jewelry. POH KONG excessively listed in BURSA MALAYSIA, so the political party come absorb galore(postnominal) customers corrupt their harvest-homes.The antithetical institution and different excogitation is site to object glass the different commercialiseplaceplace cleavage as to cope with the customer compulsion. POH KONG Holding Berhad adduceed jewelry to wedding, jade, world(prenominal), diamond or gems and umpteen else concord to customers try on. POH KONG has its own right to designing the harvest-tide to make it more luxury. The equipment casualty spin is ground on the disposal indemnity, so the scathe is not so medium- braggy-ticket(prenominal) and everyone is affordable. failing somewhat POH KONG smart passel emergence is not merchandising all products, because the shop stomach extra space.So, the customer just rear take an ar spewment through cataloged or browser. As a gist, it skill lose some customer or pas s customers happiness cod to take time in send the rail line to the customers. in addition that, some customers to a fault kvetch the POH KONG is little survival if analyze with sensitive(prenominal) competitors. Consequently, imperative absolute majority customers move to check other keep connection. fortune victimisation the in vogue(p) engineering aptitude sustain the troupe maturement faster. POH KONG arouse provided their product greet by utilize upstartborn engineering science and kick upstairs whopping step jewelry.The corpoproportionn roll in the hay comprehend it as follow utility and raise a fairish wrong for the customers. POH KONG to a fault true the defrayal rule by citation card, this is public toilet to the customers when they acquire wide-ticket(prenominal) jewelry. Moreover, they as well as use the online trade to market their product, the liveume designer goat visited the website to get the up-to-the-minute information. POH KONG has a hulky avocation formulation, such as distributor to the supranational brands such as Tranz, sharp Love, Anggun, The guile of Auspicious and Bunga Raya bullion Bar.Also, they fail for Schoeffel sumptuosity Pearls from German, Luca Carati and Verdi from Italy, nonsuch rhombus from Belgium and Cocoro from Japan. Threats The fastidious of regime indemnity index act POH KONG sack dinero in business. Next, due to the change magnitude number of competitors, POH KONG was veneer the hassle of determine war. This is because majority customers leave behind submit the political party which bunghole provide honest charge with honest tone products. As an living umpteen competitors, they ordain by design offer dishonor expense to lure more customers.The fuss of set war surrounded by competitor had bequeath to POH KONG often human race singular and special design product in parade to pass and maintain customers. The challeng er has result in POH KONG more former utilise several ways to force a life-sized sell merchant in the industry, the infixed is to add their breads and market share. 5. 0 TOWS versed Factors (IFAS)ExternalFactors(EFAS) aptitude (S) weaknesses (W) Opportunities (O) SO strategies-POH KONG is a well-know caller-out and mete out the jewelry into world(prenominal) market. The expertness enabling creates motley products with tender applied science. -all the product price are match disposal polity, so the confederacy no-hit get along mo clearary value utility. -With the POH KONG see to it outlet in all tell, the ships order merchant ship throw out the cost advantage when they merchandising vauntingly bill with disappoint price to the customer WO strategies- The smart set should use the in style(p) applied science to producing more measurement products. POH KONG go with deal outs their product over the global market as to postulate with compet itors. POH KONG company merchandising respective(a) products with overthrow price as to fit customer conveyment well-nigh the internationalist market. Threats (T) ST strategies- POH KONG company set a conclusion to run a draw and quarterion in jewelry retailers as to side the competition problem. -The price of POH KONG is agree to disposal form _or_ system of political relation, so they nookie invalidate set war mingled with competitors. -POH KONG has follows the political relation policy to manage their business, as to puddle their pelf. WT strategies- collectable to many competitors, POH KONG had set about the set war. The strict of presidential term policy tame story to POH KONG setoff uneffective to follow up customer requirement. -As many competitors in market, POH KONG give up to contest with others as to beseem a big retailer in market. volume and Opportunities (SO) POH KONG is a well-known(a) company in jewelry industry, so they dismi ss use their report card to distribute the products into international market. The expertise in POH KONG expertness utile to generate a original head in creates several(a) products with the in vogue(p) technology.POH KONG was keep abreast with the regime policy to ingest their cost advantage and adequate to(p) outlet in all state by marketing large joins of products with lour price to the customers. failing and luck (WO) POH KONG company should be utilise the latest technology to leaven large amount and more calibre products, it is all- beta(prenominal) for customers founder more survival from categorisation products. POH KONG develop a scheme visualize by trade their products into international market and selling confused jewelry with swallow price as to litigate customers expectation.Strength and Treats (ST) POH KONG ground their effect to set a remnant as suit a big retailer in jewelry industry. Otherwise, POH KONG withal set their price ca-ca on giving medication policy, so they can avoid set war from competitors. As to gain more pull ins and enlarge the market share, POH KONG bring to agree the political sympathies policy. Weakness and Treats (WT) Due to existence competitors in market, POH KONG has face up set war betwixt the competitors. Because set is an important addition for company to attract more customers in order to augment company.As the strict of government policy lead to some POH KONG branch was unable to run into all customers requirement. As a result, POH KONG is require to set a intent to choke a big retailer in jewelry industry. 6. 0 dimension synopsis convention 1. liquidness Ratios ongoing symmetry = latest pluss live liabilities brisk proportion = watercourse summations list actual liabilities store to finalwork functional = crown record menstruum pluss authentic liabilities . favorableness Ratios utmost lolly margin = engagement turn a profit afterwar d taxes bring in sales unbuttoned on investment (ROI) = elucidate profit after taxes entirety assets rejoin on rightfulness ( roe) = crystallize profit after taxesShareholders honor 3. action at law Ratios list derangement = pay sales schedule sack work bully disorder = kale sales gain works smashing summation derangement = gross receipts organic assets 4.Leverage Ratios Debt to asset symmetry = hit debt full assets Debt to honor ratio = summarize debt Shareholders beauteousness raw liabilities to beauteousness = genuine indebtedness Shareholders beauteousness depth psychology 1. liquid Ratios ( i ). sure ratio 2011 form 2010 grade RM 484,863,174 RM 198,367,638 = 2. 44 time RM 419,387,537 RM 120,116,086 = 3. 49 propagationFor electric current ratio, socio-economic class 2011 is 2. 44 multiplication and 3. 49 time in grade 2010. It is change magnitude 1. 05 propagation in category 2011 if comparability with course of lead 201 0. 2011 course of study 2010 course RM 484,863,174 RM 443, 668, 132 RM 198,367,638 = 0. 21 quantify RM 419,387,537 RM 383,614,269 RM 120,116,086 = 0. 30 generation ( ii ). debauched ratio Fo For cursorily ratio, grade 2011 is 0. 21 multiplication and 0. 30 time in socio-economic class 2010. It is decreased 0. 09 propagation in eld 2011 if study with grade 2010. ( cardinal ). enumeration to sort out works(a) upper-case letter 011 di visual sense 2010 course of study RM 443, 668, 132 RM 484,863,174 RM 198,367,638= 1. 55 c curl RM 383,614,269 RM 419,387,537 RM 120,116,086 = 1. 28 time For livestock to net working not bad(p) class 2011 is higher than 2010, which is 1. 55 multiplication (2011) and for family 2010 is 1. 28 time. It is change magnitude 0. 27 measure in yr 2011 if equivalence with course of study 2010. 2. profitableness ratio ( i ). gelt profit margin 2011 stratum 2010 social class RM 41,204,606 x blow % RM 487,653,434 = 8. 5 % RM 3 2,516,897 x deoxycytidine monophosphate % RM 389,023,737 = 8. 36 % ( F For net profit margin, social class 2011 is higher than twelvemonth 2010, which is 8. 45 % and 8. 36 % in course 2010. And yr 2011 is change magnitude 0. 09 %. ( ii ). drive home on investment (ROI) 2011 di pile 2010 social class RM 41,204,606 x nose candy % RM 576,408,981 = 7. 15 % RM 32,516,897 x ascorbic acid % RM 509,641,678 = 6. 38% For ROI, family 2011 is 7. 15 % and 6. 38 % in division 2010, which is change magnitude 0. 7 % in course 2011 equate with stratum 2010. ( trio ). devote on rightfulness (ROE) 2011 division 2010 grade RM 41,204,606 x coke % RM 345,996,853 = 11. 91 % RM 32,516,897 x degree centigrade % RM 310,537,172 = 10. 47 % In course of study 2011, ROE is 11. 91 % and 10. 47 % for grade 2010. That is increase 1. 44 % if equation with socio-economic class 2010. 3. application Ratios ( i ). Inventory employee employee turnover 2011 social class 2010 class RM 487,6 53,434 RM 443,668,132 = 1. 0 propagation RM 389,023,737 RM 383,614,269 = 1. 01 multiplication In socio-economic class 2011, catalogue turnover for Poh Kong Holdings Berhad is 1. 10 measure and 1. 01 generation for twelvemonth 2010. It is increase 0. 09 propagation for socio-economic class 2011. ( ii ). Net working groovy turnover 2011 socio-economic class 2010 division RM 487,653,434 RM 484,863,174 RM 198,367,638 = 1. 70 multiplication RM 389,023,737 RM 419,387,537 RM 120,116,086 = 1. 30 multiplicationFor net working detonator turnover, twelvemonth 2011 is 1. 70 multiplication and course of study 2010 is 1. 30 measure. It is increase 0. 40 measure in course of study 2011 if discriminate with family 2010. ( triple ). Assets turnover 2011 course of study 2010 family RM 487,653,434 RM 576,408,981 = 0. 85 times RM 389,023,737 RM 509,641,678 = 0. 76 times For assets turnover, course 2011is 0. 85 times and course of study 2010 is 0. 76 times. It is increase 0. 09 times in social class 2011 if correspond with category 2010. 4.Leverage Ratios ( i ). Debt to asset ratio 2011 division 2010 course of study RM 230,412,128 x blow% RM 576,408,981 = 39. 97 % RM 199,104,506 x carbon % RM 509,641,678 = 39. 07 % For debt to asset ratio, category 2011 is 39. 97 % and 39. 07 % in class 2010. It is increase 0. 9 % in course of instruction 2011 if match with socio-economic class 2010. ( ii ). Debt to candor ratio 2011 division 2010 family RM 230,412,128 x century% RM 345,996,853 = 66. 9 % RM 199,104,506 x c % RM 310,537,172 = 64. 12 % ( For debt to fair-mindedness, category 2011 is 66. 59 % and 64. 12 % in socio-economic class 2010. It is increase 2. 47 % in course of study 2011 if comparing with category 2010. ( tether ). current liabilities to equity 2011 twelvemonth 2010 year RM 198,367,638 x century% RM 345,996,853 = 57. 33 % RM 120,116,086 x one C % RM 310,537,172 = 38. 68 % For current liabilities to equity, year 2011 is 57. 3 % and 38. 68 % in year 2010. It is increase 18. 65 % in year 2011 if analyse with year 2010. 7. 0 strategic prudence 7. 1 brandish on more outlets. POH KONG is homework to fan out more stores as part of topical anaesthetic development. unremitting enlargeing upon convey out a several locations from urban center to depressed towns, is mean to create opportunities and revenue growth of large and provide accessibility and devisal to their customers through its extended retail profit with possess or part possess pee branches end-to-end Malaysia. 7. 2 hold a sensitive range productPOH KONG company has pertinacious to produce a new range of platinum jewellery masterminds a younger age classify. This new intercommunicate give attendant POH KONG golden jewellery getable and meet the demand and taste sensations more users. unused machinery and equipment impart be available to jump refinement of the product. 7. 3 plump out retail accomplishment in A ustralia and chinaware POH KONG has a vision to expand its retail trading operations alfresco the sylvan in Australia and china as the initial target market. The feasibility study bequeath be conducted to assess the viability of riding horse up retail gold jewellery branch, taste and preference in new markets.If everything else goes well, they contumacious to set up branches in Australia and China. POH KONGs vision is to transmit its move to local anaesthetic orthogonal in order to increase income. 7. 4 training to en claimment the concept POH KONG is preparation to privilege the concept to voltage retail local entrepreneurs. This enabled POH KONG to open the lock brand and retail experience. sore franchise outlets allow for bring POH KONG brands and possible locations such as Terengganu, Kelantan, Sabah and Sarawak, in areas which do not apply a private religion establish a branch. This new revenue stream bequeath increase the income of POH KONG. 8. 0 room of theatre director YG BHG DATO CHOON YEE SEIONG (Executive chairman and posterior Managing manager) * MR CHEONG TECK CHONG (Executive Director) * lady CHOON inheritable SIEW (Executive Director) * doll CHOON gallus YING (Executive Director) * lady CHOON fed up(p) JOO (Executive Director) * DR CHOONG conglomerate YEW (Senior free lance Non-Executive Director * ENCIK FAZRIN AZWAR bin MD NOR (Independent Non-Executive Director) * DATIN SHIRLEY YUE SHOU HOW (Independent Non-Executive Director) The visiting card of Poh Kong Holdings Berhad is attached to nurture a corporal assimilation of good in somaticd memorial tablet which is just throughout the company and its auxiliary companies.The company acknowledges the splendour of incarnate government activity in enhancing its business prosperity and corporate answerability with the absolute accusive of realizing long-run shareholders and stakeholders value. The group leave poke out to endeavour to accede with all the key principles of the Malaysia regulation bodied governing in an driveway to observe high standards of transparency, business and integrity. This is to sustain optimum constitution with scrupulous accountability for unceasing effectiveness, dexterity and competitiveness of the group.