Posted by kakijudi > 2015-09-19 13:10 | Report Abuse

Target at least 20c for RGB.

Posted by novice321 > 2015-09-19 19:35 | Report Abuse

I can understand the management's optimism given their massive pay but what are yours to justify a price of at least 0.20?

Posted by Johnny Mah > 2015-09-21 10:57 | Report Abuse

he simply say only. don't so serious la.

Posted by paperplane2 > 2015-09-21 11:00 | Report Abuse

0.20 easy tp

Posted by paperplane2 > 2015-09-21 11:01 | Report Abuse

Looking at recent regional gambling expansion

Posted by mhchai > 2015-09-21 17:19 | Report Abuse

Long term target RM0.20

Posted by kakijudi > 2015-09-21 17:41 | Report Abuse

OK I give you my justification .
1. At 20c forward pe is only around 11 times which is reasonable.
2. Company will be net cash by end of the year
3. More aggressive dvd payout
4. Regional sector growth in the region.
5. Globally, gaming sector had been under performing and had been plateauing for years, it has hit a bottom and things has start to improve. Ggr is turning around
6. Company management proved itself over the years .

This is the fundamentals . On the more technical sides of things ,

1. Price has fallen from a high of 20c to currently only 13c but fudamentals are improving
2. Private placement done at 15.5 to related parties . At current price these people are losing money.

I can give you more points, but I don't wish to spoofeed you. Go do your own research

Posted by kakijudi > 2015-09-21 17:46 | Report Abuse

And also, management manage to turn the company around when times are so bad for the industry . Can you imagine the tremendous opportunities for the company when the whole industry starts to turn around ?

Posted by kakijudi > 2015-09-21 17:49 | Report Abuse

Can you give me your views on why we should not invest in RGB ?

Posted by novice321 > 2015-09-21 22:11 | Report Abuse

Thanks for your views. I am just taking a look at the gaming stocks for both the dividends ( Magnum and Berjaya Sports Toto )and capital gains ( RGB ). RGB does look interesting. I will take a closer look and ask for your views later.

Posted by paperplane2 > 2015-09-21 22:20 | Report Abuse

Rgb model is selling machines, do maintenance and concession. Why must ppl do biz with rgb? Why not those Angkor with better machines n technology?

Posted by paperplane2 > 2015-09-21 22:21 | Report Abuse

Ang moh I mean. Also u don't see genting have many their machines, why? Genting don't need them, genting can maintain themselves, so will many other huge casino operators! MGM, sands etc

Posted by lloydlim > 2015-09-22 00:09 | Report Abuse

I believe in RGB & if u take a look into their biz module, surely interesting as they r profit sharing with their clients which r casino!

Posted by paperplane2 > 2015-09-22 00:31 | Report Abuse

Which casino will like it?

Posted by lloydlim > 2015-09-22 08:11 | Report Abuse

Every casino like it

Posted by paperplane2 > 2015-09-22 08:43 | Report Abuse

why?? casino dun like ppl share their profit

Posted by kakijudi > 2015-09-22 09:21 | Report Abuse

paperplan go do your own research lah

Posted by paperplane2 > 2015-09-22 09:24 | Report Abuse

done my homework
EY ROC
21.7% 19.27%

Posted by paperplane2 > 2015-09-22 09:25 | Report Abuse

p/e low, div not attractive

Posted by kakijudi > 2015-09-22 09:38 | Report Abuse

ok, then u go buy reits :)

Posted by Johnny Mah > 2015-09-22 12:52 | Report Abuse

bug AirAsia, big V shape... like rocket

Posted by paperplane2 > 2015-09-22 13:34 | Report Abuse

dun want reits. Airasia,KESM good.

Posted by novice321 > 2015-09-22 13:41 | Report Abuse

kakijudi,
1. Is your "forward PE " based profit forecasted for 2015 or 2016?
2. My accounting textbook tells me that PE is also dependent on the number of shares. Have you included the tens of millions of stock options that the directors enjoy in your calculations?

Posted by paperplane2 > 2015-09-22 13:47 | Report Abuse

he dunno lah, you ask so deep questions

Posted by kakijudi > 2015-09-22 15:08 | Report Abuse

okok. i dont know.

Posted by paperplane2 > 2015-09-22 15:12 | Report Abuse

kakijudi mah, only know 4d, bacarrat, showhand, roulette, dai sai.....texas holdem maybe

Posted by kakijudi > 2015-09-22 19:00 | Report Abuse

Eh you kena ban at investlah already now want kena ban here ah ? Lol funny guy

Posted by paperplane2 > 2015-09-22 19:26 | Report Abuse

Ha, why concern abt others matters? Just focus on your stock punting la

Posted by Johnny Mah > 2015-09-24 14:42 | Report Abuse

ringgit drop again, will friday open low?

Posted by paperplane2 > 2015-09-25 01:34 | Report Abuse

Rgb beneficial of myr weak

Posted by leon312214 > 2015-09-25 01:47 | Report Abuse

you are right

Posted by paperplane2 > 2015-09-29 13:41 | Report Abuse

0.14 sustaining

Posted by trader1 > 2015-09-29 16:26 | Report Abuse

is the quarterly financial report out tomorrow?

Posted by novice321 > 2015-09-29 18:40 | Report Abuse

99% of sales are outside Malaysia. Should therefore be one of the biggest beneficiaries of the depreciating RM but latest results not really all that great. Perhaps that is why the price is stagnant.

Posted by lloydlim > 2015-09-30 12:18 | Report Abuse

Time to accumulate guys!

Posted by novice321 > 2015-10-01 10:24 | Report Abuse

Magni Tech also beneficiary of ringgit decline and they know how to share the benefits with their shareholders. Good dividends, record share price.

Posted by paperplane2 > 2015-10-01 13:34 | Report Abuse

no! Magni high exposure to single customer, Dangerous

Posted by novice321 > 2015-10-01 17:17 | Report Abuse

True which is why Magni trades on a low PE of just 10.

For a high growth stock, if what has been reported in the newspapers are true, RGB should trade at a higher PE as its earnings are more spread out. But RGB also trades on low PE. Why? One of the reasons may well be the low dividend payout compared to the directors pay and stock options.

Posted by paperplane2 > 2015-10-05 14:08 | Report Abuse

几天前，拜访了RGB管理层，这也是我第二间拜访的上市公司，经过与管理层交流后，对公司有更深一层的了解。
RGB有2个主要的业务：（1）Sales&Marketing，简称（SSM）销售和市场营销（2）Technical Support&Management，简称（TSM）技术支持和管理。
（SSM）业务：公司今年订下可销售1500台赌博机的目标，每台赌博机售价2万5千美元，转换为马币（用1美元对4.3令吉来算）=10万7500令吉，管理层认为赌博机业务可赚20%的税前盈利，今年上半年才售出4百台，管理层很有信心下半年可售出1100台，因为有9百台已被订购了，我认为赌博机最多只能赚15%税前盈利。
（TSM）业务：这是个很稳健的业务，也是公司主要盈利贡献的业务，强劲的美元对公司有利，因为出口的产品100%以美元计算，进口产品50%以美元计算。
从2012财政年至今，公司开始恢复赚钱了，2013财政年也开始派发股息，但不是很多，所以我向管理层提出意见，公司应该要提高派发股息率，可以用净盈利的30-40%来派发股息，他说目前会先把债务还清，至于股息会逐渐的提高股息策略，也答应会考虑我提出的意见，公司积极地每年把债务减少，从2012年总负债128.32m减少至2015年6月的50m，而且公司还有72.16m的现金，现金减去负债还有22.14m现金在手，当负债降低，那每年利息开支也很明显的减少，这是公司从2010年至2015年的利息开支（Finance Costs），2010年=10.64m，2011年=9.57m，2012年=9.38m，2013年=8.22m，2014年=7m，2015年（半年）=2.56m，以此推算，3年后有可能会还清所有债务，现金可能推高至1亿令吉。
管理层很自信认为下半年的盈利会比上半年更加强劲，就算出现意外，至少也能达到相同上半年的盈利，他指出，RGB将会是一只成长股，目标是要在3年内，恢复其净利与股价到2007年辉煌时期的水平，2007年公司净利达38.3m，他希望能在2018年，再次触及该水平，股价能达rm0.60，RGB2007年的股价最高达到rm0.69。
我相信今年的盈利会比去年强，预测每股盈利可达1.9分，公司已有派发股息了，盈利一年比一年好，而且还是净现金公司，管理层看好公司未来前景，给于12倍本益比相当合理，目前价rm0.23。
注：（我在rm0.115价位买入一些，现在和管理层交流后，又在rm0.135加码了一些，目前平均价rm0.122）
可参考上次于3/9/15的分析。 （只供参考，若有买卖，盈亏自负）

Posted by duitKWSPkita > 2015-10-05 14:41 | Report Abuse

Paperplane2,.... U visited them????

Bo jio??????? No good la like that

Posted by stocknewbie1 > 2015-10-05 14:44 | Report Abuse

copy from http://klse.i3investor.com/blogs/koko888/83521.jsp ==

Posted by yeekarwai88 > 2015-10-05 14:45 | Report Abuse

Ya,he likes copy from website.

Posted by paperplane2 > 2015-10-05 19:08 | Report Abuse

Does it matters??

Posted by paperplane2 > 2015-10-05 19:08 | Report Abuse

How you know I did visit them? Or know one of directors? So?

Posted by mhchai > 2015-10-05 19:37 | Report Abuse

buy rgb and u can sleep well, u will be rewarded handsomely, target price RM0.20

Posted by paperplane2 > 2015-10-05 19:44 | Report Abuse

0.20? 0.30 is ultimate tp

Posted by mhchai > 2015-10-05 20:10 | Report Abuse

better be conservative than over optimistic.

Posted by leon312214 > 2015-10-05 22:18 | Report Abuse

be patient

Posted by paperplane2 > 2015-10-05 22:22 | Report Abuse

Oonce it strt it will be fast?

Posted by mhchai > 2015-10-06 17:32 | Report Abuse

1st time see RGB 0.14 turn buy Q today after so many weeks