haha... ppl goreng this share up too much due to the over-expectation... someone calculated the intrinsic value before based on DCF model and it is only worth around 24sen (goreng up to 35sen).. and this is the outcome for the fall...
no problem with the fundamentals for this share.. but the directors are not honest ppl and more important, good company with over-priced share is not a good investment... think for yourself...
i rather buy an average company with discounted share price (a lot of margin of safety) than buy a good company with expensive share price (whether using DCF or EV/EBIT multiple)
We never believe speculators, we only believe fundamental value of this company. This company fundamental is bright future in gaming and online gaming some more. So if you sell, we sure buy!
I have been silently following this thread for quite some time and wonder how come all of a sudden people loss faith in this counter. Is RGB a loss making company? I personally think RGB has delivered a decent set of results and its future looks bright to me. So I am holding on to it.
@WithCASHisKING Read the Q4 results announcement. The management gets performance incentives on top of their pay and cheap ESOS running into tens of millions. What do the minorities get - 0.003 sen dividend per share. You think that is fair?
estimated tomorrow will continue drop since everyone earn from it will sell until the share price until 2.5 then will hold . and that time will be the best time to buy in and let it rise again bro
Although 4th quarter result fell drastically, Rgb still achieve 15% of earning growth in 2016 as compared to 2015. This earning growth is also the same for 2015. Therefore, why all the panic selling happened ?
short term selling not over yet. Profit up 19% but dividend down to just RM3 for every 1000 shares. That is not even enough to buy half a plate of char koay teow.
read the announcement. for FY 2016, the dividend is 0.003 sen per share. It was 0.005 sen for FY 2015. At 0.003 sen, the total dividend payout is around RM4m. Read the annual report and see for yourself how much the directors pay themselves and while you are at it, take a look at their ESOS too.
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....
iambigshark
443 posts
Posted by iambigshark > 2017-02-23 13:30 | Report Abuse
.3 sen div some more wonderful