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.
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.
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.
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.
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...
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
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
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
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
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
U1818
719 posts
Posted by U1818 > 2017-02-23 09:00 | Report Abuse
Good !!