Posted by jack2 > 2021-03-04 08:27 | Report Abuse

cedric, is cimb initiating coverage on rgtech?

Posted by Tirara > 2021-03-04 12:54 | Report Abuse

Half day show...all run ?

Posted by wanmazlan72 > 2021-03-04 13:03 | Report Abuse

Run loose

Posted by jack2 > 2021-03-04 15:28 | Report Abuse

no woorry, one day will touch 60cts at least

Posted by Tirara > 2021-03-04 16:16 | Report Abuse

Tot yesterday got announcement then can push up.....aiyo...

Posted by mystery > 2021-03-05 14:26 | Report Abuse

all ppl run

Posted by Flybythenite > 2021-03-16 12:05 | Report Abuse

Low volume.

Posted by Flybythenite > 2021-03-16 12:06 | Report Abuse

Retail surely better after MCO! Then fly!

Posted by Flybythenite > 2021-03-16 12:08 | Report Abuse

Noticed price almost the same for long while! Accumulation stage?

Posted by LeiJun > 2021-03-20 18:36 | Report Abuse

This counter sales sure good! :) https://www.thestar.com.my/news/nation/2021/03/17/pemerkasa-rm2bil-allocated-for-schoolchildren-to-purchase-smart-devices

Posted by LeiJun > 2021-04-06 20:57 | Report Abuse

Not sure if these news posted here before. :)

Radiant Globaltech gets shareholders' nod to buy majority stake in Grand-Flo Spritvest
Surin Murugiah
/
theedgemarkets.com

October 23, 2020 14:34 pm +08


Radiant Globaltech gets shareholders' nod to buy majority stake in Grand-Flo Spritvest
-A+A
KUALA LUMPUR (Oct 23): Retail technology solutions provider Radiant Globaltech Bhd has obtained its shareholders’ approval to acquire an 80% stake in Grand-Flo Spritvest Sdn Bhd (GF Spritvest) for RM11.6 million cash.

Radiant Globaltech had on Sept 10 said the remaining 20% will be held by Jejaka 7 Capital Sdn Bhd, in which GF Spritvest director and chief executive officer Cheng Ping Liong holds majority equity interest of 55%.

In a bourse filing, Radiant Globaltech said its shareholder approved the acquisition at its extraordinary general meeting today.

It said the acquisition of GF Spritvest would allow the group to expand its customer coverage to include non-retail customers such as fast-moving consumer goods (FMCG), electronics, and utilities industries in Malaysia.

Radiant Globaltech managing director Paul Yap Ban Foo said the firm intends to integrate GF Spritvest’s software offerings to its AX B2Ba platforms, and combine technical support service teams.

“This allows us to create a synergistic effect through enhanced solutions and capture a larger market share in the non-retail segments, including the FMCG, electronics and utilities segments.

“Once the regional borders are open, we will have the opportunity to bring GF Spritvest’s software offerings to countries where we have established a direct presence, namely Cambodia, Vietnam and Thailand.

“This would bring us one step closer to reaching our goal of becoming a leading total integrated technology player,” Yap said.

Radiant Globaltech said the acquisition is supported by a service agreement with Cheng, who will continue to lead GF Spritvest.

Further, it said Cheng would provide a cumulative net profit guarantee of RM3.2 million from the completion date of the share sale agreement (SSA) until the financial year ending Dec 31, 2022.

The firm said the acquisition is expected to be completed in the fourth quarter of 2020, pending the fulfilment of terms of the SSA

A unit of Main Market-listed Grand-Flo Bhd, GF Spritvest provides electronic data capture and collation solutions that enable businesses to manage and collate data with barcode and radio-frequency identification technology.

Its clientele includes prominent companies in the fast-moving consumer goods and electronics industries, as well as government-linked companies in Malaysia.

At midday break today, Radiant Globaltech rose 7.35% or 2.5 sen to 36.5 sen, valuing it at RM191.69 million.

Posted by LeiJun > 2021-04-06 21:02 | Report Abuse

Radiant Globaltech up 3.33% on venture into Thailand via JV with local firm
Surin Murugiah
/
theedgemarkets.com

January 09, 2020 09:25 am +08

Radiant Globaltech up 3.33% on venture into Thailand via JV with local firm
-A+A
KUALA LUMPUR (Jan 9): Shares in Radiant Globaltech Bhd rose 3.33% this morning after the firm announced that it has entered into a joint venture (JV) with Thailand’s Simat Technologies Public Company Ltd to provide point of sales equipment and retail software solutions to retailers in Thailand.

At 9.05am, Radiant Globaltech rose 1 sen to 31 sen, valuing it at RM162.81 million.

The JV company, named Rgtech Simat Co Ltd, will be a special purpose vehicle (SPV) to undertake the business of selling computer hardware, software, network equipment, development of information technology solutions and to provide maintenance services in Thailand. The SPV will distribute a range of front-end retail hardware and provide back-end retail software solutions to retailers.

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Radiant Globaltech said it will fund its THB 4.9 million (equivalent to RM700,000) investment in the SPV for a 49% stake with cash from internal funds. Simat, meanwhile, will inject the same amount into the SPV for its 49% share.

Posted by LeiJun > 2021-04-06 21:09 | Report Abuse

Radiant Globaltech to grow supplier base online

Thursday, July 30th, 2020 at Business | News | Technology

by FARA AISYAH / pic by TMR FILE PIX

RADIANT Globaltech Bhd aims to grow the supplier base of its retail management portal, AX Retail B2B, to 5,000 suppliers by end-2020 from 3,500 in 2019, supported by rising demand from retailers as more businesses resume operations during the Recovery Movement Control Order (RMCO).

Its MD Paul Yap Ban Foo (picture) said the group has seen an increasing number of enquiries as Covid-19 has altered the retail landscape and prompted retailers to reduce reliance on manual processes while maintaining operating efficiency.

“In the first quarter (1Q20) alone, we recorded a total of 3,850 registered suppliers, and are expecting to reach 5,000 suppliers by end-2020.

“Going forward, our main focus is to expand our software division within the retail sector in Malaysia,” he said at a virtual press conference yesterday.

He added that the group is still expanding its software team due to increased interest in the AX Retail B2B portal.

The retail technology solutions firm is looking to add more notable retailers from supermarkets, hypermarkets, departmental stores and convenience stores into the retail management portal.

Customers on its portal today include suppliers from 7-Eleven Malaysia Holdings Bhd, Parkson Holdings Bhd, Aeon TopValu Malaysia Sdn Bhd, Sogo (KL) Department Store Sdn Bhd, MPH Group Malaysia Sdn Bhd and Manjaku Baby Centre Sdn Bhd.

The AX Retail B2B portal currently contributes around 15% to Radiant Globaltech’s total revenue, Yap said.

He added that the group “strongly believes” it can achieve its revenue target and maintain positive revenue this year, despite disruptions from the Covid-19 pandemic.

In 1Q20, Radiant Globaltech’s net profit plunged 96.3% to RM21 million from RM569 million last year, mainly due to business losses attributable to the newly incorporated subsidiary in Thailand and higher staff costs in the software segment.

Quarterly revenue, however, increased 2.3% from RM13.82 million in 1Q19 to RM14.14 million this year, of which RM11.72 million was contributed by the hardware and maintenance segment and RM2.42 million from the software segment.

Revenue contribution from the software division has been on an uptrend from 2016 at RM7.1 million to RM15.9 million in 2019, with a three-year compounded annual growth rate of 30.8%.

“Our retail software solutions are able to support physical retailers and e-commerce platforms, allowing us to capture the uptrend of online shopping,” Yap said.

He said the firm is still on the lookout for hardware contracts and is well-positioned to ride the eventual rebound wave of the retail sector in South-East Asia.

Posted by LeiJun > 2021-04-06 21:10 | Report Abuse

Old news above for newbies. :)

Posted by tressele > 2021-04-10 11:33 | Report Abuse

I am buying 37

Posted by LeiJun > 2021-04-14 00:26 | Report Abuse

Retail market still x fully open yet?

Posted by LeiJun > 2021-04-14 00:27 | Report Abuse

X logic economy open, school open, Office open but no demand for this co’s products...

Posted by LeiJun > 2021-04-14 00:28 | Report Abuse

Maybe good news only reflected in coming QR?

Posted by willee2 > 2021-04-17 18:35 | Report Abuse

like got some movement alrdy

Posted by jack2 > 2021-04-17 18:42 | Report Abuse

range bound, not going anywhere soon

Posted by ric888 > 2021-04-20 09:56 | Report Abuse

look like ready to fly..

Posted by jack2 > 2021-04-20 18:59 | Report Abuse

If same players, same patterns, one day
Show only

Posted by willee2 > 2021-04-20 21:00 | Report Abuse

hahahahhaa this jack2 is sour grape. everything also got say. hahahahahahah

Posted by jack2 > 2021-04-26 17:32 | Report Abuse

willee2, players game plans is not that simple

Posted by jack2 > 2021-04-27 09:13 | Report Abuse

if selected by RHB as top20 jewel, then possible will goring up next one to two week

Posted by jack2 > 2021-04-27 10:34 | Report Abuse

watch rhb top 20 jewels selection next week

Posted by Bokai > 2021-04-28 09:56 | Report Abuse

near end of this month might have some movement

Posted by alibaba123456 > 2021-04-30 10:30 | Report Abuse

small jewelry for RHB investment bank .... Always call technical buy from Public Research......We back to logically and in actual happened surrounding us is that .... Did you guys notice that many small marts was open branch, and probably was a safety concern for those public peoples to buy a daily usages from the nearby stored during MCO. More shops to open and more system either hardware and software to be sell out. Lets looks at the charting , the share price bottom support was getting higher and highest. Company with net cash, and retails stores business will be better and better. Because those big shopping malls will and long periods of time affected for the Covid19. Thus Rgtech looks a like will be a undervalues stock under the Technology counter. Buy in and hold it , sure you will get your rewards

Posted by willee2 > 2021-04-30 20:12 | Report Abuse

will test 465 soon :)

Posted by Cktan123 > 2021-05-03 20:34 | Report Abuse

Today suddenly drop more dunno got what happened?

Posted by Cktan123 > 2021-05-03 20:36 | Report Abuse

Bcos see report is ok but how know to day drop

Posted by 88cash88 > 2021-05-05 21:24 | Report Abuse

RGtech is it possible will be another Revenue 0200 ?

Posted by willee2 > 2021-05-05 23:51 | Report Abuse

88cash, no.

Posted by 88cash88 > 2021-05-06 10:05 | Report Abuse

willee2 what is the point of view from you can shared ?

Posted by alibaba123456 > 2021-05-06 16:25 | Report Abuse

88cash88 , if Rgtech can further improved the quarterly profits it could more better than Revenue. You can check both of them Rgtech and Revenue either in Share Issue and Quarterly profits.

Posted by willee2 > 2021-05-07 00:20 | Report Abuse

want to above 1 is... almost 0% unless pure goreng2 then ntg to say lah. but if depends on just qr(even if profit twice) it will not be above 1. only got chances to test and challenge 465 or 500 in near future. if more, then really depends on operator.

Posted by jack2 > 2021-05-07 08:23 | Report Abuse

unless the company can perform consistently with profit of 2m & above every quarter then can see good potential or else back to square one

Posted by phyroxus > 2021-05-07 12:02 | Report Abuse

Even investment fund also no more keen and sell
23 Apr 2021 Disposed
2,000,000 PRACTICAL RESOURCES SDN. BHD.

Posted by 88cash88 > 2021-05-07 15:07 | Report Abuse

thanks for advice. By the ways start to accumulate from 0.360 today's .....Operators seen was doing something, and major shareholders still maintain their position. hopefully the share price will gradually cover up 0.650 and above

Posted by Bokai > 2021-05-07 15:31 | Report Abuse

I thought the share just transferred to another director

Posted by 88cash88 > 2021-05-07 15:43 | Report Abuse

Bokai that's correct, Major shareholders Mr.Yap transfer to new directs with lowest than market price . if not wrong 0.325

Posted by 88cash88 > 2021-05-07 15:44 | Report Abuse

instead of transfer, better and nice words is a gift .haha

Posted by willee2 > 2021-05-08 21:06 | Report Abuse

aim for 465 and 500 achievable in short term. more than 500, have to see how powerful directors 'hire' goreng team

Posted by 88cash88 > 2021-05-10 11:19 | Report Abuse

willee2 thanks for your opinion. Best wishes to see your target sooner.

Posted by jack2 > 2021-05-10 15:30 | Report Abuse

i hope too, for now all wishful dreams

Posted by willee2 > 2021-05-21 00:10 | Report Abuse

tut tut..its almost june. june-september may have 'some' show if everything falls to place n motion..
me no miracle or future reader, me just cui cui sui jek.

Posted by jack2 > 2021-05-21 09:00 | Report Abuse

acquired arms international software sdn bhd

Posted by 88cash88 > 2021-05-23 20:56 | Report Abuse

good news ?

Posted by YouNeedTrust > 2021-05-25 19:26 | Report Abuse

QR out 2.1 mil

Posted by yangxi > 2021-05-25 19:41 | Report Abuse

good.. good.. TP 0.50 i happy liao