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RGB

Author: YiStock   |   Latest post: Thu, 23 Feb 2017, 08:41 AM

 

RGB - Over Expectation or Seasonal Norm? (3) - YiStock

Author:   |    Publish date:


 

I have wrote 2 articles in year 2015 about RGB. 

Here is the link:

https://klse.i3investor.com/blogs/RGB/77353.jsp

https://klse.i3investor.com/blogs/RGB/87146.jsp

I believe I'm among the earliest batch of investors who have experienced the up and down of RGB. To understand more about RGB, you may refer to above links.

Now, the reason i want to write on RGB again is to point out more about "over expectation" and RGB's  seasonal behaviour.

The benefit of this articles i hope is given to newbies. If you are old bird, you do not need to care too much about this article. 

(1) Over expectation

For a period of time, a "special" formulation become a hot topic in i3. I used RGB Q3 16 result as example. EPS for Q3 2016 is 0.71 sen (RM 0.007). 

The "annualized formula therefore,

0.71 sen x 4 = RM 0.028 x PE 10 = RM 0.28 share price, or

0.71 sen x 4 = RM 0.028 x PE15 = RM 0.42 share price.

The end result, 

 

I do not wish to comment this method is right or wrong. Simply because, if it help you make money, it is right. If is make you loss money, it is wrong. That simple!

NOTE: 

I hold for 1 year 4 months to get 20% before it surge, you take 3 months to get 94%. 

(2) Seasonal Behaviour

RGB seems to have this pattten, the high season is always during 2nd and 3rd quarter.

 

Now,

If you are already on the "LATE" boat, DO NOT PANIC.

RGB is a pretty good company with healthy balance sheet. At least for me. 

Forget about the "OVER EXPECTATION" FORMULA, focus on SEASONAL BEHAVIOUR of RGB.

If you are confident, you should start looking into near future for another SEASONAL HIGH? 

 

Conclusion:

Are you an INVESTOR? Seriously?

Are you a SPECULATOR? 

If you want to be investor, look for my sifu KC CHONG.

If you want to be speculator, 90% of forummer in i3 is your sifu.

Make a choice and pick a road, don't keep jumping from one ship to another. Sekejap ni, sekejap tu .....

Hope you grab the POSITIVE MESSAGE of this article.

 

cheers,

YiStock

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Labels: RGB

Related Stocks

Chart Stock Name Last Change Volume 
RGB 0.29 +0.005 (1.75%) 2,178,400 

  8 people like this.
 
U1818 Good !!
23/02/2017 09:00
john1218 Hi Yistock, what is your projected price for RGB with this Q4 result?
23/02/2017 10:42
moneySIFU Good sharing, interested to know more.

Any specific reason for the drop in revenue & profits on YOY basis? It was even lower than the same quarter in previous 2 years.

In 2014:
Revenue Q4 was 91% of Q3

In 2015:
Revenue Q4 was 81% of Q3

In 2016:
Revenue Q4 was 47.5%% of Q3
23/02/2017 20:22
YiStock Money, in fact, when Q3 16 result was announced, the out of norm high Revenue is a caution sign to me already.
It is not Q4 16 too low revenue & Profit, but is Q3 16 revenue & profit too high.

If you average it on 2 quarterly basis, then it back to normal.
23/02/2017 20:57
YiStock If you refer to my previous post here, long term investment is a better way to go.
https://klse.i3investor.com/blogs/YiStock/115636.jsp

john1218 Hi Yistock, what is your projected price for RGB with this Q4 result?
23/02/2017 10:42
23/02/2017 20:59
KLCI King I am thinking as what moneysifu thought too.It does not make sense to average out the past Quarters results. YiStock has not answered convincingly to moneysifu question.

The equation itself does not have answer, it's the factors that make the answer variably & visibly.
24/02/2017 09:48
KLCI King It's like telling people dont worry about CSCSteel results, they have been doing very well, see, the average for past 3 quarters were very well.
24/02/2017 09:50
KLCI King With new set of financial figures out, the TP need to adjust accordingly to the latest figures or else it's just a plain target only.
24/02/2017 09:51
YiStock KLCI King, you are very "chim".
24/02/2017 10:41
YiStock I'm not very familiar with CSCSteel, moneysifu and probability will know the business more than me.


Posted by KLCI King > Feb 24, 2017 09:50 AM | Report Abuse

It's like telling people dont worry about CSCSteel results, they have been doing very well, see, the average for past 3 quarters were very well.
24/02/2017 10:55
YiStock Money, one more thing, they have certain quantity of slot machine target to hit every year. Seasonal higher delivery may happen depending on Casino operation. Say, before year end peak. My friend working in casino told me.

Posted by moneySIFU > Feb 23, 2017 08:22 PM | Report Abuse

Good sharing, interested to know more.

Any specific reason for the drop in revenue & profits on YOY basis? It was even lower than the same quarter in previous 2 years.

In 2014:
Revenue Q4 was 91% of Q3

In 2015:
Revenue Q4 was 81% of Q3

In 2016:
Revenue Q4 was 47.5%% of Q3
24/02/2017 11:07
probability KLCI king, if last week got a big order...and this week they did not...do we need to find a reason - a strong explanation?

Revenue is erratic ma....trailing 6 months should be a good enough indication lor. So if the avg rev of Q3 & Q4 is good...no worry la.
24/02/2017 11:09
Ab8376 buy when it is 25 cents
24/02/2017 11:38
Ultramen will buy below 20cents
24/02/2017 22:16
KLCI King Reason of drop in revenue & profit:
SSM division recorded lower revenue and profit before tax in this quarter mainly due to lower number of machines and casino equipment sold
during this q uarter.

Comment by management on Prospects:
While the Group still capitalises on the strong performance of certain
products under our portfolio in SSM division as well as carrying out further improvement in the performance of concession machines in TSM
division for year 2017, the Group is now actively promoting the provision of engineering services to the licensed operators and
exploring into new markets outside Asia.
24/02/2017 23:11
KLCI King It is quite a surprise to me for answer given by probability, it is not funny.

I am not interested for company having fluctuation in sales over the quarters.

Imagine if you are the one who run the business & orders suddenly came this month & orders disappeared for next few months.

Anyway, good luck to you all who still believe, wish you success in this company.
24/02/2017 23:15
probability klci king....the revenue stability importance depends on the nature of business...yistock knows most. I admit im not vested and i dont know the business of RGB...
24/02/2017 23:27
Ricky Kiat good sharing, bro yistock.
24/02/2017 23:36
beach relaxing mode Wao

Great discussion going on
24/02/2017 23:37
KLCI King Market do not buy your idea, YiStock & Probability. Market has proved you 2 WRONG!
27/02/2017 16:50
KLCI King probability, you are now looked like a joker for commenting without reading in details of the report, you yourself admitted it.

probability klci king....the revenue stability importance depends on the nature of business...yistock knows most. I admit im not vested and i dont know the business of RGB...
24/02/2017 23:27
27/02/2017 16:51
KLCI King Can YiStock help to push up abit on the price, like that sure die loh
27/02/2017 17:12
KLCI King This is truly over expectation. Price goreng up from RM0.24 to RM0.35 during the same period when sales was doing badly & half only
27/02/2017 17:13
YiStock Posted by YiStock > Feb 27, 2017 05:10 PM | Report Abuse X

Relax la KLCI KING..i have been following RGB since 2015 at rm 0.14 per share and u probably have not join i3. You may have loss a lot of money for the past few years due to your "price is everything, value is nothing attitude". However, i believe you can start a profitable investment route if you start to correct your investment attitude. No matter how you argue, the negative vipes will bounce back to you. Good luck brother and all the best.

By the way, Probability is one of the best investors i seem in i3
27/02/2017 17:14
YiStock By the way, i am not that powerful to drive up share price..if so, i am already billionair ..i bought since 2015 ...check my 2nd rgb blog..i got show my holding there
27/02/2017 17:16
KLCI King YiStock, you are telling lie & dishonest, how can you simply guess I lose a lot of money? Did I say anything about the price? Value? Don't act like you are great teacher to teach me.

YiStock Relax la KLCI KING..i have been following RGB since 2015 at rm 0.14 per share and u probably have not join i3. You may have loss a lot of money for the past few years due to your "price is everything, value is nothing attitude". However, i believe you can start a profitable investment route if you start to correct your investment attitude. No matter how you argue, the negative vipes will bounce back to you. Good luck brother and all the best.

By the way, Probability is one of the best investors i seem in i3.
27/02/2017 17:10
27/02/2017 17:16
KLCI King Don't try to divert attention by talking non sense, YiStock
27/02/2017 17:17
Gtrgtr Be gentleman Klci. We are sharing information. You do no pay to stock for advice.
14/04/2017 15:07


 

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