RADIANT GLOBALTECH BERHAD

KLSE (MYR): RGTECH (0202)

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Last Price

0.335

Today's Change

0.00 (0.00%)

Day's Change

0.33 - 0.335

Trading Volume

272,400


3 people like this.

2,286 comment(s). Last comment by jack2 2 weeks ago

Posted by mememomo > 2022-04-18 14:14 | Report Abuse

KUALA LUMPUR: Radiant Globaltech Bhd (RGTech) expects robust growth momentum ahead, backed by accelerated demand for digitalisation of operations in the retail and industrial sectors.

CGS-CIMB Research, in a note today, said higher adoption of digital solutions to automate business processes (operating efficiency) would drive demand as business continuity issues rise in prominence following the Covid-19 pandemic.

"RGTech's future growth will be fuelled by new customer acquisitions both local and overseas, growth plans of clients (new stores and factories), and further digitalisation efforts of existing customers," it said.

RGTech is an ACE-market listed company providing integrated technology solutions for automation and digitalising purposes, targeting the retail, food and beverage (F&B) and industrial sectors.

CGS-CIMB Research said RGTech completed three acquisitions since October 2020, including an 80 per cent stake in Grand-Flo Spritvest Sdn Bhd for RM11.6 million in October 2021.

It has also, in January 2020, signed a joint venture (JV) with Simat Technologies Public Co Ltd to enter Thailand's F&B market.

"RGTech said these acquisitions and the joint venture are expected to create synergies with its existing businesses, widen its product offerings, and diversify its customer base," the research firm said.

CGS-CIMB Research said RGTech does not appear to have any directly comparable peers listed locally, given its exposure to retail and industrial automation technology solutions.

RGTech is not rated by CGS-CIMB Research.

Posted by mememomo > 2022-04-18 14:19 | Report Abuse

Looking at its 3 years price movement still looking undervalued. Worth to buy and hold into and see what their upside potential comes ahead along with its FA

Faiza

464 posts

Posted by Faiza > 2022-04-19 14:59 | Report Abuse

double digit growth of net profit expected this year
next month 1Q result shud be good vs last year

Posted by mememomo > 2022-04-22 09:19 | Report Abuse

goreng goreng!

Faiza

464 posts

Posted by Faiza > 2022-04-22 19:14 | Report Abuse

raya angpow dividend 0.5ct
business picking up and cashflow good

Posted by mememomo > 2022-04-22 22:36 | Report Abuse

Hopefully it is ready for a real breakout this time. EX date 11th May

Faiza

464 posts

Posted by Faiza > 2022-04-23 12:25 | Report Abuse

catalysts
1. dividend
2. good 1Q results next month
3. Digital banking
4...

Bokai

111 posts

Posted by Bokai > 2022-04-23 19:00 | Report Abuse

new business that improve their margin

Bokai

111 posts

Posted by Bokai > 2022-04-24 00:03 | Report Abuse

just kidding only . rgtech typically will mess with our expectations . just like what Faiza said. don't chase high

willee2

967 posts

Posted by willee2 > 2022-04-25 02:17 | Report Abuse

haiyaa whats so happy about dividend? after ex date also will drop the dividend price also. gib balik our own monies aduhhhh

Faiza

464 posts

Posted by Faiza > 2022-04-26 07:45 | Report Abuse

back to bottom fishing again

Bokai

111 posts

Posted by Bokai > 2022-04-26 14:43 | Report Abuse

slow slow slow take your time

Faiza

464 posts

Posted by Faiza > 2022-05-06 19:24 | Report Abuse

insider bottom fishing

Bokai

111 posts

Posted by Bokai > 2022-05-12 16:55 | Report Abuse

aiyo just want to collect dividend for the next few year only

nono_hardi

226 posts

Posted by nono_hardi > 2022-05-12 16:57 | Report Abuse

the boss will feel bad, people staring on this counter =(

Bokai

111 posts

Posted by Bokai > 2022-05-12 17:01 | Report Abuse

at least now we can get it below 0.43 , wonder when we can collect below 0.4

Faiza

464 posts

Posted by Faiza > 2022-05-13 08:48 | Report Abuse

bottom fishing, Q1 results should be good

Bokai

111 posts

Posted by Bokai > 2022-05-20 09:17 | Report Abuse

might be very very bad also . let's wait and see

Faiza

464 posts

Posted by Faiza > 2022-05-20 15:32 | Report Abuse

market is bad, time to consolidate and for players to eat
if results good, sure goring upwards

Faiza

464 posts

Posted by Faiza > 2022-05-20 15:38 | Report Abuse

so much business given by 99SP and BK, if cant perform well, the management hve
themselves to blame

Faiza

464 posts

Posted by Faiza > 2022-05-20 17:01 | Report Abuse

price bounce up from the low, towards Q1 next week

Bokai

111 posts

Posted by Bokai > 2022-05-25 15:44 | Report Abuse

look like 0.4 is near

DatoKyle

359 posts

Posted by DatoKyle > 2022-05-26 23:59 | Report Abuse

RGTech will soar with tp 48 cents ++ end of the trading day as per DatoKyle ! Don't miss the chance !

faridfet

180 posts

Posted by faridfet > 2022-05-27 17:54 | Report Abuse

bad quarter report

Bokai

111 posts

Posted by Bokai > 2022-05-27 20:01 | Report Abuse

hopefully can get more below 0.4

Faiza

464 posts

Posted by Faiza > 2022-05-28 10:50 | Report Abuse

post mco result is lower than during mco, what a disappointment
lack of business synergies from acquired business units, low overseas contribution and laid back management
depending too much from 99SP group is not sufficient
the only positive is higher cashflow

Faiza

464 posts

Posted by Faiza > 2022-05-28 17:46 | Report Abuse

Such performance continues zero investment Frm local funds, no need to mention foreign funds la

Bokai

111 posts

Posted by Bokai > 2022-06-13 15:25 | Report Abuse

agm soon , let see how . below 0.4 now

barricade

24 posts

Posted by barricade > 2022-06-16 16:11 | Report Abuse

what a shit counter. RM0.355 now. WTF.

jack2

1,087 posts

Posted by jack2 > 2022-06-16 18:32 | Report Abuse

Time to buy

jack2

1,087 posts

Posted by jack2 > 2022-06-16 18:33 | Report Abuse

Sharky push down to shake out

jack2

1,087 posts

Posted by jack2 > 2022-06-17 08:24 | Report Abuse

price lower than 99SP price
buy and keep

faridfet

180 posts

Posted by faridfet > 2022-06-21 09:39 | Report Abuse

@faiza is correct. how come during mco result better than post mco? grr

jack2

1,087 posts

Posted by jack2 > 1 month ago | Report Abuse

goring bfore 2Q

c2k9791

247 posts

Posted by c2k9791 > 1 month ago | Report Abuse

Lai liao, Lai liao

jack2

1,087 posts

Posted by jack2 > 1 month ago | Report Abuse

Q2 next week, any surprises on the upside?

Bokai

111 posts

Posted by Bokai > 1 month ago | Report Abuse

most busy keeping quiet probably

Bokai

111 posts

Posted by Bokai > 1 month ago | Report Abuse

probably qr bomb

c2k9791

247 posts

Posted by c2k9791 > 1 month ago | Report Abuse

QR really bomb. Unexpected good

jack2

1,087 posts

Posted by jack2 > 1 month ago | Report Abuse

Net profit increase 87%

Faiza

464 posts

Posted by Faiza > 1 month ago | Report Abuse

some positives from 2Q
1. Net profit increased by 86% to rm2.1M
2. cashflows increased for the quarter by rm7.0m to rm42m
3. positive signs from gradual economy recovery

Bokai

111 posts

Posted by Bokai > 3 weeks ago | Report Abuse

hq moved to Penang , let's see how it goes . Seemed like Thai side "isn't doing well

jack2

1,087 posts

Posted by jack2 > 3 weeks ago | Report Abuse

Bokai, are u sure you get the info right? the group hq is at bangsar south. the penang hq is a subsidiary co. how you assessed the thai JV is not doing well?

jack2

1,087 posts

Posted by jack2 > 3 weeks ago | Report Abuse

Hope higher growth and cashflows, shareholders can get higher dividend

Faiza

464 posts

Posted by Faiza > 3 weeks ago | Report Abuse


1Q2022 - net profit rm1.69M, cashflow increased rm2.6M to rm37.6M

2Q2022 - net profit rm2.1M, cashflow increased rm4.6M to RM42M

cashflow increased from better collection, hope can reach 50M this year

jack2

1,087 posts

Posted by jack2 > 2 weeks ago | Report Abuse

Giant Mini is expanding rapidly to compete for retail business. Good for the group in supplying hardware, software and maintenance

jack2

1,087 posts

Posted by jack2 > 2 weeks ago | Report Abuse

KUALA LUMPUR (Sept 10): When the Malaysian retail industry experienced its worst performance in over two decades in 2020 contracting by 16.3%, the industry had expected to only recover to pre-pandemic levels in 2024.

However, the latest edition of the Malaysia Retail Industry Report published by Retail Group Malaysia (RGM) revealed that the first quarter of 2022 (1Q2022) and 2Q2022 growth numbers were solid, expanding year-on-year by 18.3% and 62.5% respectively. With retailers expecting yet another jump of 61.7% in the third quarter, RGM is now confident that the industry will recover to levels achieved in 2019 — the year before the pandemic.

https://www.theedgemarkets.com/article/retail-boom-sustainable

jack2

1,087 posts

Posted by jack2 > 2 weeks ago | Report Abuse

Giant mini 50 branches now, if to open 2,000 branches next 5 yrs to compete with 99SP, imagine the business potential

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