the only problem with this company is too low net margin. Can it be like glove company, to further increase unit price ?

we not just want up.....we want LIMIT UP. Good to see u here @Luke

better re-enter NOW before too late...

https://klse.i3investor.com/blogs/savemalaysia/2020-07-29-story-h1510786978-Putrajaya_limits_foreign_workers_only_to_construction_agriculture_plant.jsp

They are prudent. Safe guard the cash for u in time of uncertainty. Other PLC could have spend off loh

Easy way is to sell off n buy mother... Almost same cost. Worry free

We should sell the warrants now. As the warrants are going to expire in October soon. Given the 2 sen dividend coming, I think we should sell the warrants and buy in the mother shares.

Who will attend its AGM tomorrow ? Please share and update us. thanks

The golden finger, Lim Pei Tiam, was selling 3.2mil shares

Lagging is "good news" to new entry, or top up...

key point : recurring income with 27% growth

As RGTech charges transaction based fees, we expect the recurring income base to grow in tandem with increasing clientele as well as growth in stock keeping units (SKUs) or sales, given the current digitalisation trend. Note that FY19 saw its revenue contribution from in-house software grow by 112%, mainly contributed by the increasing adoption of its AX Retail B2B Portal software. We expect the strong growth trend to continue with a CAGR of 27% in the next three years on the slew of contract wins, growing recurring base income and better margins of its software segments.

Key points : digitalization, scalable (growing company), prudent management. I am not worry

A growing software gem. We believe RGTech will continue to benefit
from the digitalisation trend and greater adoption of technology in the
retail landscape. The growing recurring income nature of the business
and stickiness of clientele are the springboards for its sustainable
growth. At the current valuation of 17x FY21 P/E, its secular growth
prospects and scalable business model are underappreciated
compared to peers in the e-payment or software space, with P/E
valuation ranging from 20-40x. The stock is also under-researched and
under-owned by institutional shareholders, which stand at <c.2%.
Fair value. Pegged to 25-28x target P/E, given its scalable business
model and customer stickiness in the fast-growing software space, the
stock could fetch a fair value range of MYR0.38-0.52 based on FY20F-
21F earnings. We are positive on its near-term earnings growth
potential, given that the business is still at its infancy stage with so
much underserved opportunities both locally and regionally.

(Source : RHB Small Cap company : 20 Jewels 2020 Edition)

Good morning...some good news for you....https://www.klsescreener.com/v2/news/view/696133

when u said no more show, it means the show is coming soon

@ ckaiw04, they are not paying dividend quarterly (and consistently) now, as compared to Lii Hen pay quarterly. what I am trying to say is : are you prefer to look at the nice fruit on the tree but can't eat ? or pluck the fruit down and keep in our own ice box, and we have control when to eat it ? So, I sense the fruits are hang on the tree for longer time than what we expect now...hmmm...better don't risk ourselves to attend the AGM.

Poh Huat is rather "stingy" if compare to Lii Hen. Hold tons of cash but not distributing. Just think what is our investment objective ? Are we want to stay on with them and yet they hold all the profits and we just "sendiri see sendiri song" (just see the nice fruit on the tree but can't eat) ? or we can share the profit ?

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3060986

bad news https://www.klsescreener.com/v2/news/view/692761

You may relook Liihen or Poh Huat

Technically, a systematical triangle was formed.....consolidation has completed...time to stay focus. Cheer

Hallo guy n gals....time to take profit for short term trade. Syndicates are distributing out. For longer term investors, good to hold on as its valuation still attractive in term of PE (15x), dividend yield (3%) and ROE (15%). I still think it is a potential stock given its recurring income in nature. We are still in cash and cheque economy.

Still relatively cheap given its net cash and pay dividend quarterly

who say lao sai ?

https://www.theedgemarkets.com/article/furniture-stocks-sweet-spot-valuations-turn-attractive

No eye see....continue sleeping...

Actually yesterday 1q announcement period (nov to jan) also not within the covid19 crisis period. Performance already so bad. Moving forward into this covid19 period, will be worse as it has strongly indicated in the prospective

No. U read carefully again....the 1sen dividend already paid in Jan

Wallstreet... Don't be hero at this period. (this period will be longer than 1 month.. Haha.. U know what i mean). Be humble

I agreed with Enigmatic. I believe the recent sell-down was due to the margin call. Once the margin call was over, price will normalized. Let's flip through the latest annual report showing the top30 shareholding list at 23/1. The major directors' shareholding are still Tay Khim Huat, Lim Pei tiam and Toh Kim Chong, together with the Pangolin fund, EPF and Public Mutual fund, will account 50%. You may also notice another shareholder call Chiew Cheng Siew who accounts 7.26mil shares or 3.15%. Most importantly, his shares are pledged as I assume are under margin account. I am afraid his shares are subject to the margin call (Sorry, Mr Chiew, I may be wrong. I merely guess from the listing). The director - Tay Khim Seng's shares are pledged under the Alliance Group may be under margin too for a total of 1.298 mil shares. (Sorry, Mr Tay, I could be wrong. I merely guess) He has sold 428 mil or 1/3 of this holdings. Once these 2 guys stop the margin call, share will rebound given the recent strengthening of USD toward 4.35. History tell once the USD strengthen to 4.20, most export companies will report huge exchange gain (hopefully to offset the weakening sales in US market). So, I still favour to focus on export stocks.

Porridge become rice already.........cannot turn into porridge...LOL

KYY quote " I complained to Securities Commission and requested them to take appropriate action"

What complain you lodge to SC ? On what ground ? What do you expect SC to "take appropriate action ?"

Given current USD/RM of 4.25, we should expect export counters to resume uptrend (assume no more black swam flying around). Corona virus in China has stabalised (I hope. I am not expert on it). Supply chain should return to normal after 1 or 2 months or so.
The company is going to announce its 1q results, and expect to declare additional dividend. Assuming the company declare 7sen dividend, yield is 6%, which is a good cushion to the downtrend market. ROE of 13.80%; PE of 5.57x (as per quoted in i3)...

Time to re-enter. They will announce their by month end, expect 2sen dividend. Together with the final 2sen dividend, to pay in May, total 4 sen is good cushion enough

LOL

Announced its final 2sen dividend. Ex date 29/4. https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3028246

Latitude used to be the largest furniture stock in Bursa, but now...The falling of the founder really hit this company.

good time to re-enter. I am back guys. RM/USD at RM4.21

Will this newly announced NAP_2020 affect Bauto ? Can anyone who familiar with the industry to given some comments. Whatever, I started to buy for the dividend.

https://www.klsescreener.com/v2/news/view/638318

Are all the PH shareholders are dog ? haha (Don't worry, just joke).
Anyway, just note the director start buying shares at RM1.35 ~ RM1.36. Should worth to buy and keep for possible higher dividend in view of strengthening of USD/RM

better selloff the warrants before too late

who are the sellers ?

I agree with Davis. I attended the MNRB AGM too. The Board did mention (unofficially) to resume dividend payout of 50%. Assuming they can achieve 5sen per Q, or 20sen per year, then we can expect 10sen dividend or 9% yield. Not a bad beat

wah...you guys still inside ? Margin call starts....

Look like u are the operator... LOL

Given the recent strengthening of Ringgit, better stay away the export counters. As for PH-WB, I have cut loss due to tangan gatar on expectation of excellent results at year end. Anyway, no more surprises other then normal dividend moving forward.
the warrants should trade 2 sen discount again the mother share as the company already announce to give 2 sen dividend. And, if you include the brokerage fee and all other fees, the 2 sen different also not worth to convert....should sell off warrants and buy mother share. it is easier n more efficient. I also never convert warrants before. Any of you guys here did it ? How to do ?

@cf81 ...Yes. I did blog out not to buy warrants...but my tangan gatal...greed come in. Have to get a lesson now

@cf81....what to do ? must clear all today