THE INVESTMENT APPROACH OF CALVIN TAN
RGT (RAPID GROWTH TECH) More Salient Factors You Should Know, Calvin Tan Reseach
calvintaneng
Publish date: Mon, 01 Jun 2020, 11:16 PM
calvintaneng
0 1,812
Hi Guys,
I have An Investment Approach I which I would like to all.
I have An Investment Approach I which I would like to all.
Good evening
And here are more Highlights on RGT
1) LATEST QUARTERLY REPORT SHOWS GREAT OPTIMISM (Please refer to Latest qtr report)
See
It has Rm29 Millions in Cash or 5.22 sen a shares
At 25 sen RGT has 20.9% in Net Cash
2) By Virtue of Its Business centering around Health Care They Operate During MCO Lock-down
See
UNUSUAL ITEMS DUE TO THEIR NATURE, SIZE OR INCIDENCE
On 18 March, 2020, the Malaysian Government has imposed a Movement Control Order (“MCO”)
in view of the Covid-19 pandemic. This MCO measure has not significantly affected the Group as
we have obtained the approval from the Ministry of International Trade and Industry (“MITI”) of
Malaysia to continue to operate during this period with certain conditions, which we are currently
practicing in our workplace.
On 28 April, 2020, MITI has further announced to allow companies with earlier approval to operate
during the MCO period to increase its operating capacity to 100% without limitation on operating
hours beginning 29 April, 2020. The Group is currently on full capacity.
Therefore, there were no unusual items affecting assets, liabilities, equity, net income or cash
flows during the current interim period.
Read again
The Group is currently on full capacity.
Business is so good they operate 7 days a week with overtime to meet Huge Demand for Sanitizer Dispenser both for USA as OEM and their own local business as OBM
3) COMMENTARY ON PROSPECT
Despite the economic challenges caused by the earlier trade war and Covid-19 pandemic, the
prospect of the Group is expected to remain positive for the coming year for our products relating
to Hygiene Care which is widely used to prevent and control the spread of infectious diseases,
which includes the unprecedented Covid-19 pandemic.
We have received encouraging sales orders from our customer from United States of America and
Europe following the rapid spread of Covid-19 to those continents.
Going forward, there is growing demand for our Group to provide value added services for our
products and services.
Read once more
Going forward, there is growing demand for our Group to provide value added services for our
products and services.
THERE IS GROWING DEMAND?
THERE IS HUGE PENT UP DEMAND JUST LIKE GLOVES!
COVID 19 IS AN EMERGENCY!!!
THEIR PRODUCT SAVES LIVES!!
4) THESE ARE PROFESSIONAL PEOPLE WHO BELIEVE IN THEIR PRODUCTS
IF FACT THEY BELIEVE EVEN MORE IN THE PROSPECT OF RGT AS A RAPIDLY GROWING COMPANY
RGT ALREADY OWNED 60% OF RGT BUSINESS
DIRECTORS WANTED TO SELL THE BALANCE OF 40% BY ONLY ASKING FOR NEW SHARES OR 17 SEN PER SHARE.
THIS WAS REJECTED BY SC
Ha! This Strong Faith In RGT was last year BEFORE Covid 19 Struck That Gave The Booster for Sanitizer Dispenser Sales.
Now FULLY 100% SOLD OUT
So Do they also PRE SOLD THE STOCKS YET TO BE PRODUCED FOR THE MONTHS AHEAD?
See what they do?
Read again
The Group is currently on full capacity.
5) Do We See More Evidence That They Are Sanguine over Company's Future?
YES, Where To Look?
See how they bought up RGT WARRANTS
| ONG CHOON HENG | 05-Sep-2019 | Acquired | 199,200 | 0.070 |
 |
| NG CHOON KEAT | 01-Aug-2019 | Others | 42,500,000 | - |
|
| SEE HAN LIONG | 10-Jun-2019 | Acquired | 4,168,500 | 0.085 |
|
| SEE HAN LIONG | 10-Jun-2019 | Acquired | 2,944,000 | 0.150 |
|
| SEE TECK WAH | 10-Jun-2019 | Acquired | 2,944,000 | 0.150 |
|
| SEE TECK WAH | 10-Jun-2019 | Acquired | 4,168,500 | 0.085 |
WHEN DID THEY BUY THESE SHARES AND WARRANTS FROM ?
See
Director's Particular:
| Name | SEE TECK WAH |
Details of Changes:
| Currency | - |
| Date of Change | Type | Number of Shares | Price | |
|---|---|---|---|---|
| 10-Jun-2019 | Acquired | 4,168,500 | 0.085 | |
| Registered Name | Affin Hwang Nominees (Tempatan) Sdn Bhd | |||
| Nature of Interest | Direct Interest | |||
| Consideration | 0.085 | |||
| Nature of Interest | Direct Interest |
| Shares | Warrants 2018/2023 |
| Reason | Direct Interest - Off Market Deal via Affin Hwang Nominees (Tempatan) Sdn Bhd |
| Consideration | - |
Total no of securities after change
| Direct (units) | 4,168,500 |
| Direct (%) | 2.39 |
| Indirect (units) | 26,742,573 |
| Indirect (%) | 15.33 |
| Total (units) | 30,911,073 |
| Total (%) | 17.72 |
| Date of Notice | 11-Jun-2019 |
DIRECTOR BOUGHT WARRANT ON 10 JUNE 2019 LONG BEFORE COVID 19 STRIKES
8.5 sen with 10 sen conversion cost equals 18.5 sen
Buy mother at 15 sen will be much cheap unless
Unless
UNLESS THEY SEE BULLISH TIMES AHEAD COMING FOR RGT
Beause Warrants & Call warrants are Instruments of Bull Run!
Warrants Amplify Gains on the Upside & Exarcerbate losses on the downside.
SO THEY MUST BE VERY BULLISH ON RGT FUTURE PROSPECTS FOR BUYING INTO WARRANTS!!
AND STILL HOLDING UNTIL NOW.
THEY SEE AHEAD THAT RGT WILL GROW RAPIDLY WITH A VERY BRIGHT FUTURE
So Now We Know
HAPPILY RGT IS STILL FAIRLY CHEAP AT ONLY 25 SEN
DO WE ALSO HAVE A FUTURE BUYING INTO RGT?
Hopefully,
RGT Now is 25 Sen
Target Price is a modest 50 Sen
If Bull Demand for touchless Sanitizer Dispenser Spiral Up Then Rm1.00 Target also possible
Best regards
Calvin Tan Research
Singapore
Please buy or sell after doing your own due diligence
Below is RGT Factory with Clean room & Robots for production of high skilled goods
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Discussions
2 people like this. Showing 8 of 8 comments
Hi Calvin, there are three big customers contributing RM76 Million revenue to RGT. Do you know them? Appreciate if you can research for me? thanks
2020-06-02 12:16
seems like rising now. can buy at current price 0.33? Still consider cheap?
2020-06-02 13:17
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