RADIANT GLOBALTECH BERHAD

KLSE (MYR): RGTECH (0202)

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Last Price

0.36

Today's Change

+0.005 (1.41%)

Day's Change

0.35 - 0.36

Trading Volume

61,500


3 people like this.

2,413 comment(s). Last comment by Faiza 1 week ago

hakimsaat

436 posts

Posted by hakimsaat > 2020-06-17 08:15 | Report Abuse

-98... damnnnn

Posted by Vector89 > 2020-06-17 08:25 | Report Abuse

No doubt the revenue drop (-50%) is disappointing particularly in the software segment. More clarification from management is needed on the software/b2b revenue generating model (pay per use/ subscription/ mix?).Perhaps, most retailers are out of business during MCO and that explains the low utilization of the portal, again MCO only began 18th March.

Silver lining is:
1. RM0.6mil due to subsidiary incorporation is non cash loss
2. +RM1m q.o.q staff costs could easily be mitigated via furloughing, salary deductions, etc
3. Continuous increase in customer base for retail b2b, most recent win is the 45 store hypermarket. Should this trend persist, can expect more retailers to jump into the digitization bandwagon and increase software revenue.

hakimsaat

436 posts

Posted by hakimsaat > 2020-06-17 08:29 | Report Abuse

for sure will drop and it will take time to recover back.. but dono how long it take

kmwong8711

639 posts

Posted by kmwong8711 > 2020-06-17 08:29 | Report Abuse

Just gave another 2 quarters for rgtech to show its potential results

Misvest

328 posts

Posted by Misvest > 2020-06-17 08:32 | Report Abuse

people always panic when they even dont know wht kind of bisness is this company..they only want buy this stock 100% Technical Analysis without know how good Fundemental analysis of this company..when people become fear, become greed

orange11

71 posts

Posted by orange11 > 2020-06-17 08:37 | Report Abuse

sure panic selling in the morning

Misvest

328 posts

Posted by Misvest > 2020-06-17 08:38 | Report Abuse

This cmpany need to explain to public their next plan to make sure investors konfiden with their bisness in future or this stock gonna be downtrend/sideway trend..just cause by panic selling..

orange11

71 posts

Posted by orange11 > 2020-06-17 08:38 | Report Abuse

business expansion in Thai market will bring more revenue by year end onwards

Posted by surewinforever > 2020-06-17 08:48 | Report Abuse

It is true that this morning will be panic selling
However, if study through the company report, the revenue still high when facing this crisis (covid-19).
Imagine that if there is no crisis, how far this company can fly? Most of the retailers (7-11, Aeon and more) are using their software and will be increase in the future as they provide one off service.
In long term, this company can flew and tech. will become strong in the future.
Disclaimer: invest at your own risk.

unice

346 posts

Posted by unice > 2020-06-17 08:53 | Report Abuse

Have faith with the company.

Misvest

328 posts

Posted by Misvest > 2020-06-17 08:54 | Report Abuse

yeahh..if u as investor should look in future..not only just know panic..hmm..but, its okay..the smart one gonna collect more and more this stock

hakimsaat

436 posts

Posted by hakimsaat > 2020-06-17 09:11 | Report Abuse

even QR releases, Demand > supply.. good sign

trader233

76 posts

Posted by trader233 > 2020-06-17 09:31 | Report Abuse

Yeah i saw panic selling. But still people collecting. Ermmm...

Misvest

328 posts

Posted by Misvest > 2020-06-17 09:46 | Report Abuse

woww..amazing..i thought the price will gap down to 0.20$ but still 0.30 hahahah

amateurJR

2,366 posts

Posted by amateurJR > 2020-06-17 09:50 | Report Abuse

It is depended on ur investment plan. This company was chosen by well-known digital company LG CNS as distributor. We need to see what kind of contract it can get in the coming future. And I hope this company can focus more into E-Commerce logistic solution with its existing software.

amateurJR

2,366 posts

Posted by amateurJR > 2020-06-17 09:51 | Report Abuse

But safe price to enter is below 0.30 cents. Our SuperPanda bro alrdy waiting to buy when it falls below 0.30 cents.

Posted by miniyaoming > 2020-06-17 10:14 | Report Abuse

Waiting below 30 cents collect more ;)

Misvest

328 posts

Posted by Misvest > 2020-06-17 10:23 | Report Abuse

come on sell to mee..i want to buyy

hakimsaat

436 posts

Posted by hakimsaat > 2020-06-17 12:32 | Report Abuse

miss the moment RGTECH fly & reach all time high.

Misvest

328 posts

Posted by Misvest > 2020-06-17 12:47 | Report Abuse

i think this stock already hot stock..buyer strt focusing on techno stock after NASDAQ all time high..see..even QR negative..but, technology sentiment gonna fly higher after this..

Misvest

328 posts

Posted by Misvest > 2020-06-17 12:47 | Report Abuse

hehehe..no more 0.20$ after this

amateurJR

2,366 posts

Posted by amateurJR > 2020-06-17 16:55 |

Post removed.Why?

wakarimas

1,043 posts

Posted by wakarimas > 2020-06-17 18:35 | Report Abuse

not as good as i think

Misvest

328 posts

Posted by Misvest > 2020-06-17 18:43 | Report Abuse

wakarimas : yeah..slow2..Kemon RGtech..gudnews pliss~

wakarimas

1,043 posts

Posted by wakarimas > 2020-06-17 18:54 | Report Abuse

amateurJR , N2N might could switch to main market from Ace market soon. See the requirement, all fulfilled . Maybe got chance

grtbcco

100 posts

Posted by grtbcco > 2020-06-18 11:07 | Report Abuse

Rgtech still got chance retest 0.40? another next quarter will be better ?

hakimsaat

436 posts

Posted by hakimsaat > 2020-06-18 11:18 | Report Abuse

Rgtech oversold.. stochastic around 20%.. really a good time to buy

Citadel12

1,045 posts

Posted by Citadel12 > 2020-06-18 11:18 | Report Abuse

back to 0.2

hakimsaat

436 posts

Posted by hakimsaat > 2020-06-18 11:24 | Report Abuse

i dont think it will drop till 0.2.. even klsi drop kaw2.. it still 0.3 and oversold already.. but nothing imposible.. can up and oso can down...

grtbcco

100 posts

Posted by grtbcco > 2020-06-18 11:46 | Report Abuse

start moving up

Posted by miniyaoming > 2020-06-18 11:53 | Report Abuse

Start to goreng ...

trader233

76 posts

Posted by trader233 > 2020-06-18 11:58 | Report Abuse

Go go rgtech. Retest 0.4.

trader233

76 posts

Posted by trader233 > 2020-06-18 12:04 | Report Abuse

hakimsaat the RSI(14) is still not a oversold, OBV is still there. Meaning somebody is still holding and slowly acquiring.

hakimsaat

436 posts

Posted by hakimsaat > 2020-06-18 13:01 | Report Abuse

Hi Trader233

i refer to hourly TF..thanks

hakimsaat

436 posts

Posted by hakimsaat > 2020-06-18 15:06 | Report Abuse

new News from RGtech
Selangor, Malaysia, 16 June 2020 – Retail technology solutions provider Radiant
Globaltech Berhad, (Radiant Group, the Group, 锐腾有限公司, Bloomberg:
0202:MK, Reuters: RADI.KL) is enabling retailers to digitalise operations in the
‘new normal’ environment post-Movement Control Order (MCO) through its retail
management portal AX Retail B2B.
The Group’s B2B portal facilitates back-end transactions seamlessly between retail chain
outlets and its suppliers. The cloud-based portal captures and processes all transactions
from delivery orders to invoice generation in a timely manner, hence reducing orderdelivery-payment time and errors.
Attesting to retailers’ increased emphasis on efficiency, Radiant Group expanded its
customer base, securing a 45-outlet retail supermarket chain. The Group has registered
350 of its suppliers onto the retail management portal, boosting the Group’s total
supplier base to 3,850.

Posted by trade2win1027 > 2020-06-18 15:11 | Report Abuse

no volume and no buyers.

hakimsaat

436 posts

Posted by hakimsaat > 2020-06-18 15:12 | Report Abuse

ya... effect from QR
slow

Posted by surewinforever > 2020-06-18 15:35 | Report Abuse

We believe this company to be fly soon

wakarimas

1,043 posts

Posted by wakarimas > 2020-06-18 16:18 | Report Abuse

still sustain even lousy result. What is going on?

Misvest

328 posts

Posted by Misvest > 2020-06-18 17:27 | Report Abuse

0.31/32 is strong support..

orange11

71 posts

Posted by orange11 > 2020-06-19 09:59 | Report Abuse

looking good

amateurJR

2,366 posts

Posted by amateurJR > 2020-06-19 10:09 | Report Abuse

wakarimas u are buying tech stock but u dont know much about tech. This digital company financial is much better than most of its digital competitors. Look at keyasic and ucrest making loss for yrs and still get contract from govt proving that what they can contribute to digitalization in coming future. Just look at rgtech customers LG Cns, Aeon, 7 Eleven and its partners StrongPoint. Its tech base proves that it has huge potential in the future

hakimsaat

436 posts

Posted by hakimsaat > 2020-06-19 10:27 | Report Abuse

@amateurJR...

Good Point bro.... well said.

pewpew

26 posts

Posted by pewpew > 2020-06-19 10:37 | Report Abuse

@amatuerJR alot of people playing market run and gun bro lol

trader233

76 posts

Posted by trader233 > 2020-06-19 12:14 | Report Abuse

amateurJR what's your personal TP for this counter?

cherry88

986 posts

Posted by cherry88 > 2020-06-19 13:37 | Report Abuse

Technically, a systematical triangle was formed.....consolidation has completed...time to stay focus. Cheer

orange11

71 posts

Posted by orange11 > 2020-06-19 15:24 | Report Abuse

nice

orange11

71 posts

Posted by orange11 > 2020-06-19 15:55 | Report Abuse

tp50

hakimsaat

436 posts

Posted by hakimsaat > 2020-06-22 09:36 | Report Abuse

morning trader..

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