Posted by Good123 > 2020-06-11 17:48 | Report Abuse

when QR is released with huge loss like genm, sing a new song :)

Posted by ladybird517 > 2020-06-11 23:23 | Report Abuse

Tomorrow price will back to square.. 0.13???

Posted by coronaking > 2020-06-12 12:15 | Report Abuse

In short term, most companies revenue sure lost. But long term, that is different story...

Posted by pangolin > 2020-06-13 21:21 | Report Abuse

as long as 18c abv , i sure will dump half of rgb SOH , cant wait for 24c anymore ,

Posted by Michael Kwok > 2020-06-14 11:14 | Report Abuse

The news from Thestar.....

GEORGE TOWN: RGB International Bhd is planning to lease out 1,000 units of gaming machine for the financial year ending Dec 31,2020.

Group managing director Datuk Seri Chuah Kim Seah(pic) said the company was currently negotiating to install 1,000 gaming machines in the Asia-Pacific region.

“The bulk of the 1,000 units goes to the Philippines and Indochina markets. They will be installed by the third and fourth quarters, ” he said.

“We can expect these machines to generate a yield of RM13mil in the fourth quarter of 2020, ” he told StarBiz.

Currently, the gaming market in the Philippines generates about 60% of the group’s revenue.

Chuah said the group also aimed to sell 2,000 gaming machines in 2020.

Last year, the group sold about 1,600 gaming machines and installed a further 1,100 under its concession business.

The sales of the 2,000 machines will generate about RM250mil for the group, according to Chuah.

“The group currently has some 5,700 gaming machines leased out under its concession business.

“These concession machines are expected to contribute about RM120mil to the group for the 2019 financial year or about 30% of the group’s revenue, ” he said.

Chuah said there were also machines on trial run in Mexico.

“If everything works out, we will focus on the market in Mexico this year, ” he added.

On the impact of the coronavirus outbreak, Chuah said the impact was minimal.

“Our main markets in the Asia Pacific are the Philippines and Indochina but not Macau, ” he said.

For the 2019 financial year, the group posted an RM40mil net profit on the back of RM351mil revenue, compared to RM35mil and RM379mil achieved in 2018.

Under the group’s sales segment, the revenue decreased in 2019 because of bulk sales to an integrated resort in Indochina with a lower margin in 2018.

For the concession business, the revenue increased by 13% for 2019 as compared to the previous year due to better performance and opening of additional outlets during the year.

According to a Technavio report titled Global Slot Machine Market 2020-2024: Growing Vendor Involvement to Boost Market Growth, the global slot machine market size is expected to grow at a 15% compounded annual growth rate with a US$14.09bil revenue during the forecast period of 2020-2024.

The year-over-year growth rate for 2020 is estimated at 14.92% by the end of 2024, the report said.

Posted by coronaking > 2020-06-14 16:55 | Report Abuse

This company is solid company, no doubt about that!

Posted by LKSGSH > 2020-06-14 23:15 | Report Abuse

Michael , this was old news lar .... not a recently

Posted by pangolin > 2020-06-16 00:16 | Report Abuse

see ..... go singapore now , hope wont jump into sea ,

Posted by myankah > 2020-06-16 10:57 | Report Abuse

This company going to offer online casino solutions. This is definitely good move. In future, most of the thing moving to online anyway.

Posted by Michael Kwok > 2020-06-16 15:17 | Report Abuse

Please the website?

Posted by yukang89 > 2020-06-16 18:03 | Report Abuse

RGB to look into remote gaming solutions - The Star 15/06/2020

Posted by davidkkw79 > 2020-06-17 10:17 | Report Abuse

look like casino theme play now

Posted by EZMONEY13 > 2020-06-17 16:56 | Report Abuse

What now ?

Posted by LKSGSH > 2020-06-17 19:25 | Report Abuse

Genting reopen on this Friday

Posted by EZMONEY13 > 2020-06-17 19:33 | Report Abuse

Then why this ?

Posted by sj1993 > 2020-06-17 19:39 | Report Abuse

are the management good people?

Posted by Michael Kwok > 2020-06-17 21:36 | Report Abuse

Lease slot machine and sell slot machine(80 percent of revenue) and services on gaming machine

Posted by myankah > 2020-06-17 21:39 | Report Abuse

The management good or bad? A lot of their employees work more than 10 years. From there we can tell good or bad.

Posted by myankah > 2020-06-17 22:28 | Report Abuse

I tell u all, casino Genting open this Friday and all clubs open today. Rgb share sure booming like hell. 14 cents are really under value. 20 or 30 cents just close eye only.

Posted by EZMONEY13 > 2020-06-17 23:01 | Report Abuse

@myankah how sure are you ?

Posted by myankah > 2020-06-17 23:24 | Report Abuse

@EZMONEY13 doing business nobody sure tomorrow can earn how much, same as share market man! But we can based on other casino opening data. Just look at Las Vegas opened last few week. People like mad, crowded like hell in casino. Even America covid cases thousand times more than us. Same as our magnum and toto open, people line up to buy and totally not worry about covid. Nobody will know he future, unless he is god! We only can predict and base on what we observe.

Posted by EZMONEY13 > 2020-06-18 00:24 | Report Abuse

Thanks

Posted by myankah > 2020-06-18 07:47 | Report Abuse

@EZMONEY Resort World 18th and 19th fully booked. I want to book also can’t. Can u see The effect? Today genting, rgb and those gambling related share sure booming. Like what happen for glove stocks.

Posted by EZMONEY13 > 2020-06-18 08:29 | Report Abuse

Hope so

Posted by EZMONEY13 > 2020-06-18 09:39 | Report Abuse

@myankah where is the bomb ?

Posted by smallfisher > 2020-06-18 14:53 | Report Abuse

waiting waiting

Posted by Gloveaddicted > 2020-06-18 21:32 | Report Abuse

@EZMONEY13 nobody can predict the future. The bomb not happen now, doesn’t means not in future.

Posted by EZMONEY13 > 2020-06-19 02:12 | Report Abuse

Sold mine just now, no show

Posted by pangolin > 2020-06-20 15:33 | Report Abuse

ezmoney , dun waste ur time here , rgb wont be fly high as someone said so , 13-16 will stagnant till year end , big share holders dun move , how share price can fly high ??

Posted by EZMONEY13 > 2020-06-21 00:29 | Report Abuse

Where is the bomb again ? Luckily i didnt buy and wait for the bomb, its more like suicide mission

Posted by Michael Kwok > 2020-06-21 21:37 | Report Abuse

Dear,u all sold company tht made 4 consecutive quarter of increase profit in a row,more thn 4 consecutive year of increase profit in a row.Pangolin made a big mistake.

Posted by pangolin > 2020-06-22 02:40 | Report Abuse

I surrendered and cut lose ,yes , I agreed was my big mistake to hold Rgb , and let Rgb hold my ball as well

Posted by davidkkw79 > 2020-06-22 18:58 | Report Abuse

https://www.sinchew.com.my/content/content_2293950.html

Posted by Gloveaddicted > 2020-06-22 23:34 | Report Abuse

casino share need to wait for vaccine come out only can recover.

Posted by myankah > 2020-06-24 10:10 | Report Abuse

Online gaming more better than remote gaming. I can't see any hope.

Posted by willc48 > 2020-06-24 10:29 | Report Abuse

everyone can gamble. it is good for the nation.

Posted by johntkh > 2020-06-24 10:58 | Report Abuse

casino open sure got business going on. RGB GOOD COUNTER

Posted by Johnfatt > 2020-06-26 16:32 | Report Abuse

My average cost is around 0.20, I still holding based on the golden rule stock selection. Lol, hopefully not to Amsterdam.

Posted by Gloveaddicted > 2020-06-26 17:36 | Report Abuse

Better move to online gaming like europe igaming, remote gaming never seen before, hard to success.

Posted by Michael Kwok > 2020-06-26 19:24 | Report Abuse

No need worry.Monthly hooking up.

Posted by myankah > 2020-06-29 21:49 | Report Abuse

Niw igaming very hot and popular in Europe and Philippines. Should create online gaming for people to play.

Posted by yukang89 > 2020-06-30 19:23 | Report Abuse

QR is out ! didnt make loss ! kudos to the mgmt team ! This RGB is going to fly once vaccine is out=p

Posted by pangolin > 2020-06-30 21:31 | Report Abuse

Consider good lo.... not turn red

Posted by myankah > 2020-06-30 22:04 | Report Abuse

This company is crazy Outstanding, i very serious. 2020 Quarter Result Still can profit!!! A lot of companies either bankrupt, retrench, or close down. Even Genting also retrench. We seriously should buy this company shares. Now they involve in online gaming as well, once vaccine come, sure fly man, no joke at all!

Posted by LKSGSH > 2020-06-30 22:08 | Report Abuse

Good opportunity company to invest for medium term , is good enough of QR compare with others company

Posted by pangolin > 2020-06-30 22:48 | Report Abuse

Good time to enter this counter , 14c is good price

Posted by yukang89 > 2020-07-02 15:54 | Report Abuse

agreed ! patient is gold ! i've waited this counter for 3 yrs..dont mind to wait for another 1 or 2 =p

Posted by Michael Kwok > 2020-07-02 18:22 | Report Abuse

It's a bargain to wait for oversold stocks.RGB one of them.Maybe 2-3 months.Its not yet move big yet or near its March 2020 high.After tht if stock price dun move just throw.

Posted by safewinner > 2020-07-06 15:58 | Report Abuse

Company buy back share JAN - MAC 2020 0.15 cent to 0.18 cent

Posted by myankah > 2020-07-11 11:28 | Report Abuse

This covid period, better involve in online gaming. Such that people can play in their phone or tablet.