Huat 88

Why RGB Value at RM0.6 by Fong Si Ling

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Publish date: Sat, 23 Jun 2018, 10:36 PM

Image result for rgb international

 

1. New Market-Head-start into South American via Mexico back in 2017.

3 years target market share 5% in equivalent to 10,000 unit gaming machine.(Huge Market)

2. Strong cash pile(Net cash position)

3. Dividend payout 0.7c for YA17 increase from 0.6c YA16 and .05 YA15.(dividend increase Y2Y)

4. Chuah expect 15% top-line growth.

5. Chuah up stake recently(April'18). (Off market transaction)

6. RGB boss confident its company valuation worth 60c in 3 years(via Cold Eye speech in 2017

7. SSM Division(Substantial order will booked in only Quarter 2)

Vietnam-679 gaming machine+25 Card suffer machine had already delivered in mid Apr'18(Total

package worth RM92Mil).

Cambodia-170 gaming machine ready to install in June'18

8.TSM Division(Concession-Profit Sharing+Preventative maintenance services)

Revenue increase approximate 50% compare Qtr4'17(RM32Mil/RM21.5)-It been very consistent within 20Mil-22Mil/quarter for the past 12 quarters.

9. Datuk Chua Kim Seah stake in RGB up from 26%  in 2017 to over 28% in 2018.

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Be the first to like this. Showing 14 of 14 comments

VenFx

Ah , thx for the recall bring here.
0.600 still valid ?

2018-06-24 00:02

joetay14

interesting

2018-06-24 10:16

joetay14

what is the biz of rgb?????

2018-06-24 10:17

Stocker

Price has been straight horizontal for years and hopefully to rise up later

2018-06-24 14:09

Star8888

Better buy Lionind.

2018-06-24 15:01

apolloang

surely this lionind better than rgb

2018-06-24 23:17

Jon Choivo

That is some very weak reasoning.

2018-06-25 12:53

wakarimas

price rest for the next leap! be patient for it

2018-06-25 16:32

Stocker

RGB come to perform

2018-07-09 00:04

Sniper86

patience is very much needed for RGB. IT will shine when time comes. Future growth prospect is locked

2018-07-23 18:41

ncl90

Anyone buying? Result next week.

2018-08-25 19:48

Yu_and_Mee

will be impacted by the taxes of gaming machine, profit will be diluted, unless taxes transfer to customers and gamblers

2018-11-27 08:11

lockch

This is good news ..check out this https://enwengineering.com/metal-stamping-malaysia/

2021-06-22 23:26

hom3boy

?? any related

2021-06-22 23:33

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