RGB INTERNATIONAL BHD

KLSE (MYR): RGB (0037)

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Last Price

0.385

Today's Change

0.00 (0.00%)

Day's Change

0.385 - 0.40

Trading Volume

29,576,500

Financial

Hints :
Click the QoQ or YoY on table to view the QoQ or YoY Financial Result page.

Date
Financial Result
Financial Ratio
Per Share Item
Performance
Valuation (End of Quarter)
Valuation (Ann. Date)
Date Financial Result Financial Ratio Per Share Item Performance Valuation (End of Quarter) Valuation (Ann. Date)
F.Y. Ann. Date Quarter # Revenue PBT NP NP to SH Div Net Worth Div Payout % NP Margin ROE NOSH RPS Adj. RPS EPS Adj. EPS DPS Adj. DPS NAPS Adj. NAPS QoQ YoY EOQ Date EOQ Price EOQ P/RPS EOQ P/EPS EOQ P/NAPS EOQ EY EOQ DY ANN Date ANN Price ANN P/RPS ANN P/EPS ANN P/NAPS ANN EY ANN DY

PBT = Profit before Tax, NP = Net Profit, NP to SH = Net Profit Attributable to Shareholder, Div = Dividend, NP Margin = Net Profit Margin, ROE = Return on Equity, NOSH = Number of Shares, RPS = Revenue per Share, EPS = Earning Per Share, DPS = Dividend Per Share, NAPS = Net Asset Per Share, EOQ = End of Quarter, ANN = Announcement, P/RPS = Price/Revenue per Share, P/EPS = Price/Earning per Share, P/NAPS = Price/Net Asset per Share, EY = Earning Yield, DY = Dividend Yield.

NOSH is estimated based on the NP to SH and EPS. Div is an estimated figure based on the DPS and NOSH. Net Worth is an estimated figure based on the NAPS and NOSH.

Div Payout %, NP Margin, ROE, DY, QoQ & YoY figures in Percentage; RPS, EPS & DPS's figures in Cent; and NAPS's figures in Dollar.

All figures in '000 unless specified.

Discussions
13 people like this. Showing 50 of 8,132 comments

ceoshare

Confirmed BULL RUN , just be greedy & wait for the fruitful RGB .

2024-01-08 16:58

frankco

bull run resume

2024-01-23 10:53

ceoshare

1TP 0.38 2 TP 0.45 3 TP 0.55

2 months ago

oskchoon

PE 6.72 , DY. 4.12% , ROE. 23.83% , NetCash..etc etc...

2 months ago

pangolin

sikit sikit .. lama lama naik bukit ....!!!

2 months ago

EngineeringProfit

I like 0.55....hehe

2 months ago

hhhiii123

finally moving, hehe

2 months ago

ceoshare

if this 4 days still mantain in 0.330 - 0.335 , this is very good sign

2 months ago

pangolin

casino counter like genting malaysia start to move upwards , rgb pls follow casino trend..

2 months ago

hhhiii123

Hehehe, next up more

2 months ago

ceoshare

very very soon 0.345... Hopefullly can hit Rm 0.35 very soon .....

2 months ago

EngineeringProfit

Big Bro Genting oso sinking...how to climb up?

2 months ago

Taywalker

RGB chiong chiong chiong!

2 months ago

PureInvest

RGB's Cash balance of RM176,778K/1,548,000K shares = RM0.114 per lot of RGB share.

RGB's share price of RM0.305 - RM0.114 = RM0.191.

So, when you are holding 1 lot of RGB at RM0.305, it actually means your net cost is RM0.191 per lot of RGB share.

Happy investing in RGB, and see how RGB share will progress from now.

IB gave TP of RGB at RM0.46.

2 months ago

cheoky

evil operator
serupa gaming machine

1 month ago

PureInvest

KUALA LUMPUR (Feb 28): Genting Bhd’s Resorts World Genting said it will close two of its three casinos effective Wednesday.

The gaming group posted the announcement on the Resorts World Genting website, stating that Genting Casino 1 (Circus Palace) and Genting Casino 2 (Hollywood) will be closed with effect from Wednesday.

The notice advised customers to instead proceed to SkyCasino for gaming, with a shuttle service to be provided to SkyCasino between 10am and midnight daily.

Resorts World said in a statement that the closure of certain sections of its casinos would be temporary to facilitate improvements to its facilities.

“In our ongoing effort to improve our operational efficiency and enhance the gaming and entertainment experience for our guests, we continuously upgrade our facilities,” it said.

Resorts World added that its gaming operations continue to operate as usual. However, the company did not provide a timeline for when the upgrade works will be completed.

1 month ago

Taywalker

Believe in RGB

1 month ago

PureInvest

RGB's Profit before Tax excluding Impairment Loss is RM9.597M.

Total Impairment Loss comes from Sale & Marketing (RM13.869M) and Technical Support & Management (RM21.234M) totaling RM35.103M respectively.

Hopefully, these Impairment Loss "Receivables" are able to be collected back in this year 2024 & so on.

From the 4th Qtr Report:

"The Group has adopted a more cautious and prudent decision in determining the impairment loss for
trade receivables, albeit the ongoing monitoring and close following up with the respective debtors.
Given the aging receivables, the Group has thus decided to kitchen sink these costs even though some
of the debtors have agreed to a repayment schedule. Consequently, the Group has made an
exceptional provision for impairment loss on trade receivables amounting to RM13.9 million and
RM21.2 million for Sales and Marketing ("SSM") and Technical Support and Management ("TSM")
divisions respectively for the quarter ended 31 December 2023."

Tax is RM4.964M.

After lessing out the Tax = RM9.597M - RM4.964M = RM4.633M (which is Net Profit after Tax excluding Impairment Loss).

RGB declared a dividend of RM0.0080/share which is RM8-00/lot of 1,000 units.

Total Cash/Bank Balance still stand at +RM148.935M.

Hope to see a good financial & business year for RGB for year 2024, 2025 & so on.

1 month ago

Jeffbkt

If not mistaken there is a write off of additional 5M due to fire

1 month ago

pangolin

0.08c div declare for bad QR, what a surprise

1 month ago

EngineeringProfit

Wrong decimal point

1 month ago

ceoshare

*RGB International (RGB MK/BUY/RM0.29/TP:RM0.46)*

_Kitchen Sinking Dragging Reported Earnings🚰_

🔹 *4Q23 result within expectations.* RGB reported a yoy weaker 4Q23 revenue of RM108.6m (-9% yoy, -36% qoq) and core net profit of RM13m (+39% yoy, -50% qoq). The QoQ weaker earnings are mainly due to lower SSM sales from 3Q23’s high base where there’s a bulk order delivered. 2023 record-high core profit of RM76m made up 100% of our forecast.

🔸 *Reported earnings slumped into huge losses due to impairment.* In 4Q23, RGB kitchen sink some of its aging trade receivables totalling RM35.1m. Management alluded that the impairments are merely conservative accounting practises and some of the debtors have been repaying the debts on schedule, which may allow writebacks of these impairments in upcoming quarters. More importantly, these impairments are non-cash items and does not affect core earnings.

🔹 *Declared 0.8sen interim dividend.* In 4Q23, RGB also declared an interim dividend of 0.8sen. This bring 2023 dividend to 2.0sen, which implies full-year dividend yield of 6.9%.

🔸 *Still well-positioned to capitalize on ASEAN jurisdiction’s booming gaming scene and exponential growth.* We retain our view that RGB is set to continue delivering meaningful earnings growth throughout 2024-25F. Key growth drivers arise from the Philippines’ mushrooming new IRs, friendly legislation such as higher slots capacity quotas, and supportive remote gaming policies.

🔹 *Deep-in-value financial matrixes solidify our investment thesis.* RGB’s bargain valuations of 4.6x 2024F PE (<2x ex-cash 2024F PE) and 1.2x 2024F book value offer tremendous potential capital upside. More importantly, RGB’s prospective net cash of RM175m-256m (36-53% of current market cap) is more than sufficient to support its minimum 30% dividend payout policy and lush yields of >6% in 2024-25F.

🔸 *Maintain BUY with unchanged target price of RM0.46,* which implies 7x 2024F PE, <2x 2024F ex-cash PE, and 3x 2024F EV/EBITDA. We believe there should be *potential knee-jerk selldown* reacting to the lackluster reported earnings, but we advocate investors to look beyond the non-cash impairments and *accumulate on weakness.*

1 month ago

ceoshare

公司肯在这个季度派股息, 就仪表接下了一整年业绩还不错的。 在股价那么低的时候公布差业绩 , 也是好事。 毕竟股价都已经进入冰点。

1 month ago

ceoshare

RGB 今天 交易量变得非常大 。 在底部 交易量变大 , 这仪表是什么 ? 是庄离场 ? 还是庄进场 ?

1 month ago

EngineeringProfit

Cut win & took profit$. Take care guys

1 month ago

N4rc0t

Uptrend signal

1 month ago

LimitUp

I want to buy below 0.28 why price go up again??

1 month ago

pang72

Share price in up for red QR
Share price down for green QR
I am understand the reason of majority losing money in stock market
Sha

1 month ago

PureInvest

RGB's generous dividend declared totaling 2.0ct for FY'23 is rewarding to shareholders which amounts to Dividend Yield (YD) of 6.35%. Many investors are buying in to enjoy this generous dividend forthcoming.

1 month ago

ceoshare

泰國成立新眾議院委員會研究賭博合法的前景

1 month ago

pangolin

thinking to hold or medium term abt 3 years , anytime can beat EPF div 5.5 % , close 1 eyes

1 month ago

PureInvest

MANILA: The Philippines can overtake Singapore as soon as next year as Asia’s second-largest gambling destination after Macau, the head of Manila’s gaming agency said, with new integrated resorts seen boosting visitors and offsetting a decline in Chinese tourist arrivals.

A new integrated resort by billionaire Enrique Razon’s Bloombery Resorts Corp. will open in Manila later this year, while up to eight more casino projects are being planned, Alejandro Tengco (pic), chairman and chief executive officer of state regulator Philippine Amusement and Gaming Corp, or Pagcor, said in an interview at his office on Tuesday (March 12). The regulator also plans to sell state-run casinos by no later than early 2026, he said.

"If Singapore doesn’t expand, they will plateau. Don’t be surprised if next year we will surpass them,” Tengco said. The Philippines expects gross gaming revenue to reach a new high of 336 billion pesos (US$6.1 billion) this year, up from last year’s record 285 billion pesos.

Singapore’s Gambling Regulatory Authority said it has no comment when Bloomberg News asked regarding Tengco’s remarks and referred to the financial statements of Genting Singapore Ltd and Las Vegas Sands Corp for the revenues of the two integrated resorts in the city-state.

Tengco estimates Singapore’s annual gross gaming revenue to be around $6 billion.

Manila is counting on its integrated resorts and casinos to help boost tourist arrivals hit hard during the Covid pandemic. This year, the country is targeting 7.7 million foreign tourists after drawing in 5.45 million in 2023, still below the pre-pandemic level of 8.26 million in 2019.

The nation’s future casinos, which can cost up to $1.2 billion, will be in the capital Manila and at the former US airbase Clark, as well as in tourist magnets like Cebu and Boracay, he said.
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"As you open new markets, new customers will come,” he said.

Slower Chinese tourist arrivals will not hinder the industry’s growth, Tengco said, with Philippine casinos mostly drawing in locals and those from South Korea, Japan, Malaysia and Singapore.

Chinese tourist arrivals to the Philippines dropped last year to just 15% of 2019 levels, according to government data. The decline comes at a time when tensions between the Philippines and China over territorial disputes in the South China Sea have escalated in recent months.

With the Philippines’ gaming revenue rising, new integrated resorts will "hopefully neutralise the decline in Chinese tourist arrivals,” said Tengco, adding that Chinese high rollers are still playing in the country.

The Philippines is also building out its online casino industry, which contributed to a fifth of the country’s gross gaming revenue last year and is expected to grow faster than brick-and-mortar casinos.

"Our advantage over Macau is they don’t have online gaming,” Tengco said. Pagcor plans to launch its own online gaming website later this year, and is seeking a joint venture partner to operate it, he said.

That is part of Pagcor’s efforts to boost the revenue stream of the agency’s Casino Filipino brand - a collection of 41 mostly small casino outlets - ahead of a planned sale of its casino assets so the agency can solely focus on being a regulator.

"We want to decouple because Pagcor has been wearing two hats for too long,” he said, adding the company’s remit is rare in the gambling world.

The law that created the agency as gaming regulator and casino operator is set to expire in 2033. An amendment to the regulation is needed for Pagcor to privatise its casino assets and extend the agency’s corporate life by another 25 years.

Pagcor aims to offer its casinos in bundles - grouped according to location - by late next year or early 2026, and expects to raise 60 billion to 80 billion pesos from the sale, he said. Its planned gaming website will also be sold, he added.

"If we’re successful in the privatisation efforts, investors will have more confidence to invest,” Tengco said. - Bloomberg L.P.

1 month ago

PureInvest

RGB's big chunk of business coming from Philippines for the next several years as reported by UOBKayHian.

The above news was reported in the Newspaper too.

1 month ago

pangolin

2024 is BIG BOOM year for casino counter after covid pandemic , let see how far and fast can move for RGB

1 month ago

ceoshare

Thai parliamentary casino committee completes draft bill with 17% casino tax proposal

1 month ago

ceoshare

泰国赌场法案 , 即将落实。 RGB 有机会吗 ?

1 month ago

ceoshare

Given the current momentum, the casino law could be ratified in 2024, with the first license tender following soon after. This swift process positions Thailand to potentially outpace Japan in opening Asia's next multi-billion dollar casino resor

1 month ago

Taywalker

RGB go go go !

1 month ago

EngineeringProfit

If can go down, I'll buy again

1 month ago

N4rc0t

Upcoming chance for RGB

1 month ago

silentWolf

Something is brewing

3 weeks ago

hong

slot machines

3 weeks ago

bohliau10

To : All

From : SEE _Research
issued on
5.20 pm. , 5 April 2024 / Friday

R G B / 0037

A. As at today / 5 April 2024 ___
good closing at RM 0.34 / + RM 0.02

B. It exhibits technically a positive breakout for momemtum to move higher and it needs to stay above RM 0.34 in order to move up for very strong resistance levels at ___
RM 0.425 / 21 August 2023
RM 0.425 / 22 August 2023
RM 0.43 / 24 August 2023

CANNOT CROSS AT THE RM 0.425
TO EXIT IMMEDIATELY FOR GAINS .

2 weeks ago

bohliau10

To : All

From : SEE _Research
issued on __ first issue on RGB
5.20 pm. , 5 April 2024 / Friday

second re issued on
10.00 am., 6 April 2024 / Saturday


R G B / 0037

Technical buy on coming days from
8 April 2024 / Monday onwards

A. As at today / 5 April 2024 ___
good closing at RM 0.34 / + RM 0.02

B. It exhibits technically a positive__
strong breakout for momemtum to move higher and it needs to stay above RM 0.34 in order to move up for very strong resistance levels at ___

RM 0.425 / 21 August 2023
RM 0.425 / 22 August 2023
RM 0.43 / 24 August 2023

CANNOT CROSS AT THE RM 0.425
TO EXIT IMMEDIATELY FOR GAINS .

Remarks
This stock will offer some
* green * ____ Ang Pow s of minimum 10 % gain
before Hari Raya holidays ___
10 , 11 April 2024 ! !! !!!

2 weeks ago

Atlas0103

0.60

2 weeks ago

frankco

go go go !

2 weeks ago

hong

gamble sector coming

1 week ago

pangolin

a glory year for gambling sector , RGB can go further for better share price

1 day ago

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