paperplane, agree with you. problem with this stock is the pathetic dividends.

so much cash. should announce dividend when the next quarter results out.

All these bad news seem to have no impact on the price.

The bingo segment is just potentially additional source of income and have no impact on existing earnings. The key issue here is whether the directors are going to share the cash flows with the minority shareholders in the form of better dividends. As others have pointed out, most of the taxfree dividends go back to themselves which is much better than having high taxable pay.

good company. long term buy.

Rights issue long overdue. Reckless lending.

They are already net cash RM50m. According to CIMB, they are making RM40m cash inflow after capital expenditure a year. The 0.005 sen dividend only cost them around RM6.6m. Could have easily declared more.

trust deficit here.

The ones who are leaving or have left are the ones with options. The rest with no options stay put.

More like, everyone waiting to see how much the directors reward themselves.

Dividend yield still good.

Industry going nowhere. Management still drawing big pay. How to buy?

Lucky placees locking in profits already.

A bit confused here. Perhaps sifu icon888 can help?

Kay Hian UOB forecasted just a RM2m net profit increase each year for the next two years despite their claim of lower financing costs. So no real growth in existing operations? No gain from RM depreciation?

Or is it because the "profit" growth go to pay the directors?

this chap is not the only director selling. other directors were selling too earlier. with cheap options and cheap placements, the temptation is too cashed in on the profits.

@Icon8888, me no sifu, just learning everyday from real sifus like you. one stock tip and the price shoots up.

one thing i noticed about you is that you do not comment on the management of the companies that you write about, qualitative factors such as integrity, greed, etc.

outstanding results for the directors. big salaries and big stock options.

this chap used to have an investment column in the old malay mail. old timers tell me his performance was nothing to shout about. but i agree with him. dividends is the key determinant in stock selection.

fallen out of favour. now have to compete on merit.

Aiyoo, Icon8888, i think you need reading glasses. I never said " wishful thinking "....

I do agree with you when you said :-

" once the company puts dividend money in your pocket, all resistence will melt away. That is when the stock will really shine and defy gravity. "

As you pointed, all the profits growth of RM13.6m was due to the decline in depreciation of RM15.3m which means that all the organic P&L growth and more went to pay the directors salaries.

Let's hope they have the decency to do a good dividend payout when they release the Q4 results next year. With the more than RM60m ( annuallised ) cash flowing in, they can well be able to do so.

18 sen to 24 sen ? Have you been to the Snake Temple lately? Got your inspiration from the Snake God?

Yes, Company is doing well. Look at the directors pay and stock options. Can't say the same though for the minorities shareholders. Dividends to date ZERO.

even at 26 sen, still strugglling to place out. Pathetic. next time dont use cowboy outfit.

sure drop. wrong industry. directors salaries too high. but i give credit to the promoters. even at these levels they have prople buying the stock.

cronies days are over. scolded by PM. how to go up?

Investors in this stock are in the same boat as those of AAX. They only have themselves to blame for their losses. I simply cannot understand why people buy both these stocks.

cashed out at above 0.30. be careful. more than 300m private placement at discount currently being done. price may not hold once these shares are out. existing number of shares already 1.3billion.

good long term buy.

you have all been warned repeatedly. main winners are the promoters with high pay and cheap / free shares. just like AAX.

classic pump and dump. all over. sayonara.

this is a snake pit. sekarang game over.

my analyst friend told me RGB results very, very good. just a play on the forex classification. they are printing cash at an unprecedented rate.

price will go up because they will need to get more cash from you. company has never made a profit. big shareholders had been selling all the way.

@skyz. you are right. snake show here. snakes have bad karma. no one wants to go near them.

remember more than 5 billion shares here.

the only winners are the ones who got free stock at the start. time to cut loss. will only get worse.

already told you all. earnings not stable. when up must sell.

best bank stock. not cheap enough.

Cashed in all the chips today. Bye bye

In the game of snakes and ladders, the winner is the snakehead. Transfer of wealth from the Sin Chiew uncles and aunties. Not the right way to make money. Very bad karma.

will sell when results are out.

company has more than 5 billion shares. market value now RM400m for a company that is barely profitable. need to be careful.

up too fast.

soon they will ask for more money.

hong leong's baby doing very well.

top volume stock for past week yet no analyst writes about it. something wrong with the management?

Results better be good. many stuck at high levels.

good only for a trade. unstable earnings

sin chiew article was a money churner for the stockists.

pretty solid.

all out. thank you. bye bye.