RGB INTERNATIONAL BHD

KLSE (MYR): RGB (0037)

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Last Price

0.395

Today's Change

-0.01 (2.47%)

Day's Change

0.395 - 0.41

Trading Volume

5,237,400


13 people like this.

8,189 comment(s). Last comment by pangolin 3 days ago

bullrun1985

1,271 posts

Posted by bullrun1985 > 2022-08-29 19:49 | Report Abuse

Cash improve by 20 mil

ming

2,077 posts

Posted by ming > 2022-08-29 20:58 | Report Abuse

Ssm- profit but still low, casino spending less for this qr?
Tsm- loss but improved close with breakeven (best since covid)

Overall Forex loss about 3.5m ; otherwise should be profit qr

Monitor one more quarter

4ever5

316 posts

Posted by 4ever5 > 2022-08-29 21:44 | Report Abuse

Agree with Ming. I feel this QR is just acceptable, neither good nor bad. Without the foreign exchange lost 3.5m, it should turn to profitable QR.
It is a good sign to see TSM lost has drop significantly.
RGB rent slot machines to casino and in return, RGB get the share profits. this is how TSM revenue come from.
During covid, TSM suffer a great lost because it need to do maintenance on machine and have no profit sharing from casino.
Now that most country are reopening like pre-covid, TSM will eventually recover and become profitable when more casino are allow to operate.
It may take another 1 or 2 QR. So, patient is the key and ignore noises.

ming

2,077 posts

Posted by ming > 2022-08-29 22:01 | Report Abuse

Tsm improve significantly.. from -41.2m (2020) vs -24.7m (2021) to now -1.1m (q2)..

ming

2,077 posts

Posted by ming > 2022-08-29 22:04 | Report Abuse

Jz wonder SSM lack behind..

last year (2021) this segment actually alrdy close to pre-covid profit..

Hopefully casinos will spend lum sump in nx 2 qr to cover back 1H

bullrun1985

1,271 posts

Posted by bullrun1985 > 2022-08-30 09:51 | Report Abuse

May I know what is TSM and SSM

Posted by Why2TellMeWhy > 2022-09-10 00:44 | Report Abuse

Philippines seeing strong recovery. Can be good news and bad news for RGB. Good news will be opportunity for SSM to improve. Bad news will be more competition as more players eyeing the Philippines market.

coolkhoo

21 posts

Posted by coolkhoo > 2022-09-14 06:35 | Report Abuse

now a lot of macau slot machines suppliers move to Philippines direct fight with this no hope company, haha…

Posted by Why2TellMeWhy > 2022-09-14 15:31 | Report Abuse

ada chance fight geh. You see the latest report - $12 mil borrowings, $50 mil cash, $39 mil retained earnings, $50 mil revenue per quarter and share price selling at 0.105 to 0.11 cents.

frankco

195 posts

Posted by frankco > 2022-09-15 00:43 | Report Abuse

about time to fly..

ming

2,077 posts

Posted by ming > 2022-09-21 19:05 | Report Abuse

270mil solely from Macau?
Then it is alot…

https://www.klsescreener.com/v2/announcements/view/3611957

Posted by Why2TellMeWhy > 2022-09-21 19:31 | Report Abuse

wah. Power!

MrKiasu

41 posts

Posted by MrKiasu > 2022-09-21 22:29 | Report Abuse

RGB achieved record revenue on 2018 is 379m stock price is above 0.2 after the issue of bonus in 2018. 270m of sales contract is equivalent to 71% of the peak revenue in 2018. If the net margin can maintain at 9% of the past historical record, estimate net profit will be minimum 24m and this is excluding other sales.

Posted by Why2TellMeWhy > 2022-09-22 05:22 | Report Abuse

Limit up?

willc48

718 posts

Posted by willc48 > 2022-09-22 14:46 | Report Abuse

RGB will be king is Getaran can put Penang as Genting No. 2.

Dangel

422 posts

Posted by Dangel > 2022-09-23 08:44 | Report Abuse

Empire strikes back!

Posted by Why2TellMeWhy > 2022-09-23 11:05 | Report Abuse

Gogogo. Philippines bulk orders got chance ka?

Shines

2,773 posts

Posted by Shines > 2022-09-30 14:12 | Report Abuse

Pulling back after good news

Posted by Why2TellMeWhy > 2022-09-30 21:26 | Report Abuse

20% gain is good. Overall market is bad. Can wait to buy back at 0.12 or 0.115?

coolkhoo

21 posts

Posted by coolkhoo > 2022-10-11 16:10 | Report Abuse

The price snapback to 0.12 haha…how come no fly?

Shines

2,773 posts

Posted by Shines > 2022-10-15 10:34 | Report Abuse

Qtrly rpt must show profit first, then pricing may move up, if not see you at 10-11 sen, haha

Posted by Why2TellMeWhy > 2022-10-18 18:13 | Report Abuse

yes, 0.12 and below is always welcomed!

Posted by Why2TellMeWhy > 2022-10-21 16:31 | Report Abuse

wow... SBB! gogogo. Company is willing to SBB and a sign of confidence. Wait for you to reflect the value from your Macau orders. 8% net profit, PE15 estimate is good enough for me.

hom3boy

591 posts

Posted by hom3boy > 2022-10-21 21:16 | Report Abuse

whats SBB?

Posted by Why2TellMeWhy > 2022-10-22 17:09 | Report Abuse

share buybacks

frankco

195 posts

Posted by frankco > 2022-10-29 12:18 | Report Abuse

money maker collection phase.

Posted by Why2TellMeWhy > 2022-10-31 19:58 | Report Abuse

show time for RGB coming soon

Posted by Why2TellMeWhy > 2022-11-03 14:16 | Report Abuse

SBB again. Pagcor reporting good results :) Donaco Cambodia reporting positive EBITDA. Gogogo RGB.

hom3boy

591 posts

Posted by hom3boy > 2022-11-04 19:37 | Report Abuse

continuously share buyback .seeml like good news around the corner

Posted by Why2TellMeWhy > 2022-11-04 23:44 | Report Abuse

continuously it is. 0.13, 0.135 and 0.14. Non-stop SBB. Possible Philippines bulk orders coming? Or Cambodia bulk orders?

Posted by callmehorny > 2022-11-07 12:14 | Report Abuse

Good News Around The Corner O.o o.O

Posted by Why2TellMeWhy > 2022-11-08 15:46 | Report Abuse

huat to rgb holders

4ever5

316 posts

Posted by 4ever5 > 2022-11-10 22:08 | Report Abuse

Check in, im still here.. RGB slowly reflecting its value..

Posted by Why2TellMeWhy > 2022-11-11 12:25 | Report Abuse

genting singapore earnings and revenue doubled. not a direct comparison but isnt it obvious that casinos are in recovery towards pre pandemic? RGB Macau's bulk orders itself is already 270M; excluding TSM. lets go higher qoq and yoy, RGB!

Dangel

422 posts

Posted by Dangel > 2022-11-14 10:43 | Report Abuse

Time to accumulate!

Posted by Why2TellMeWhy > 2022-11-14 16:03 | Report Abuse

Heavy resistance ahead. Need good news to break it.

Posted by Why2TellMeWhy > 2022-11-15 16:40 | Report Abuse

hmm... announcement coming soon?

Posted by Why2TellMeWhy > 2022-11-15 18:31 | Report Abuse

52w high and SBB again at higher price of 0.15 cents. Buckle up guys! Trade the new trends. Gogogo

Saw PW

81 posts

Posted by Saw PW > 2022-11-15 18:34 | Report Abuse

anyone can give a fair target price

Posted by callmehorny > 2022-11-15 18:56 | Report Abuse

Last peak 2017, now 2022, 8 years ago. the fair price without any uncertainty supposing this company should worth about 0.3x. But due to company lack of innovation ideal.... market doesn't look good on it. the price goes down from 2017 even good result with div paid. Anywhere its a NET cash Company. We look forward to See IT BETTER and BETTER

Posted by Why2TellMeWhy > 2022-11-16 21:44 | Report Abuse

8% net profit and PE15 is good for me. I think it's a fair price target. Minimum revenue for 2023 is 270 million excluding TSM. If another bulk orders contract awarded to RGB, it will send it's revenue to highest in history.

Posted by Why2TellMeWhy > 2022-11-24 19:34 | Report Abuse

Genm and Genting results are out. Good recoveries. And so many good news from the industry in Philippines. Gogogo RGB!

frankco

195 posts

Posted by frankco > 2022-11-26 16:37 | Report Abuse

weekly and daily price on uptrend now.. price has rise above MA200 on monthly trend.. Time to accumulate..

Posted by Why2TellMeWhy > 2022-11-29 14:24 | Report Abuse

waiting for chance to top-up.

ming

2,077 posts

Posted by ming > 2022-11-30 18:40 | Report Abuse

I jz worry this earning unable to support price now..

Of course nx quarter gonna be improve further.. especially USD cooling down.

Davidl

1,816 posts

Posted by Davidl > 2022-11-30 19:34 | Report Abuse

Finally QR back to black! Cheers

4ever5

316 posts

Posted by 4ever5 > 2022-12-01 11:05 | Report Abuse

ohyesss congrats investor wahaha

Posted by Why2TellMeWhy > 2022-12-02 10:33 | Report Abuse

Returned to black! Averaged up and holding it to prosperity

Posted by Why2TellMeWhy > 2022-12-02 15:57 | Report Abuse

Casino electronic games and services supplier RGB International Bhd posted a profit of almost MYR1.3 million (US$288,800) for the three months to September 30, it said in a Wednesday filing to Bursa Malaysia. Such profit compared with a loss of just below MYR2.7 million in the second quarter.

In the third quarter of 2021, the firm had posted a loss of approximately MYR5.6 million.

As in its second quarter results, RGB said that “the tourism and hospitality industries are expected to continue recovering, aided by gradual easing of cross-border travel restrictions especially in ASEAN countries.” The latter was a reference to a club of Southeast Asian nations.

It added: “Barring unforeseen circumstances, the group foresees a relatively stronger recovery in the gaming market than the previous year and therefore a better performance for the year 2022.”

The third-quarter result was on revenue that rose circa 39.8 percent quarter-on-quarter, to MYR70.3 million, relative to MYR50.3 million in the three months to June 30. The firm had recorded revenue of approximately MYR70.1 million in the third quarter of last year.

RGB said in September that a wholly-owned unit, RGB (Macau) Ltd had “to date” won “new bulk orders” worth MYR270 million from “an existing client in the sales and marketing segment”. The firm said at the time that the revenue from the deal would be recognised “upon delivery” of the products to the customer, which was likely to be next year.

The company operates three main segments: sales and marketing of gaming equipment; technical support and management; and engineering services.

Group earnings before interest, taxation, depreciation and amortisation (EBITDA) for the three months to September 30 were just above MYR14.4 million, an increase from the MYR10.7 million in the second quarter. The figure was up 79.7 percent in year-on-year terms.

Sales and marketing revenue jumped by 56.0 percent quarter-on-quarter, to MYR44.1 million. It was however down by 22.4 percent in year-on-year terms.

Technical and support management revenue was up, at nearly MYR25.7 million, versus MYR21.5 million in the second quarter and MYR13.1 million in the third quarter of 2021.

Engineering services revenue declined sharply quarter-on-quarter, at MY313,000, compared to MYRR546,000 in the three months to June 30. Such revenue had stood at MYR77,000 in the third quarter of 2021.

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