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Full time handyman trying to make ends meet. Supplementing income with weekend pocket money from the market.
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2015-08-04 15:04 | Report Abuse
Logically they should with their labour cost in RM but in practice, they don't seem to benefit from the RM depreciation. In Q1, RM depreciated so much against the USD, Bath and Peso but still they reported forex losses.
Stock: [RGB]: RGB INTERNATIONAL BHD
2015-08-05 11:18 | Report Abuse
Thanks Jayd3. UOBResearch seems to expect lots of things but they still have not explained why there is a forex loss in Q1. With the recent placement, company already cash positive. No need to wait until end 2015. Also no need to wait for dividend improvement in 2016. Dividend improvement should start when they announce Q2 results this month.