Can. Some people make money from growing and thematically potential stocks. Some make from unliked stocks with temporary issues. Don't have to swing when it is not your call
let's just have a lil patience. after all, there are two institutions in RGB top 30 shareholdings right now - the KAF (Core Income Fund & Tactical Fund) and Affin Hwang Investment Bank Berhad IVT. Our observations may not be perfect but institutions must have done their homework too.
Lots of institutions have bought stocks and lost money. Sometimes, institutions do less homework and focus more on themes and other techmival analysis stuff.
possible but their chances of making money is higher as they have the resources (time, money, skillsets like valuation, technical analysis and access to management in general).
just hold for long. It is showing yoy growth at least. Q1 is always the weakest quarter among all in the past 10 years in history. always hovering around 30m revenue is nothing surprise. It just a matter of time for RGB to back to profitable business and we know it. Bonus point is this company is rich with cash on hand.
Foker haha…now only know the worst of this kind of company. 4ever5 even dreaming abot cash rich company and nothing for Q1 result. Why don’t say rgb have money printing machines? after covid/without China tourists, want to become cash rich, continue dreaming la hahaha….
chill guys. We all know Philippines is RGB’s major market :) and Philippines casinos are dominated by the private casinos and pagcor owned casinos; maybe it’s about 70% and 30% market share respectively from the total gross gaming revenue. Looking at RGB’s results - I concur with Foker :)
Tho it’s a loss, TSM saw a double digit improvement ~17%. If we compare with the private casinos and pagcor casinos gross gaming revenue results, you will be surprised that it’s also showing double digit percentage improvement :)
no new low and no reversal sign for rgb. Continue sideway. Chillax first. Rgb share price trends before q2 results will tell us - continue sleep or vroom2
6 cents? so good meh. +$40M retained earnings, $30M cash equivalent, and $14M debt. I dont think its possible to go 6 cents BUT I will welcome it. And I really hope it can come to 6 cents. hehe
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....
Foker
1,406 posts
Posted by Foker > 2022-05-28 06:48 | Report Abuse
That Philippines casinos are reliant on Chinese custoners, is not completelu true. This is true for Cambodia, but not phillipines