just hold for long. It is showing yoy growth at least. Q1 is always the weakest quarter among all in the past 10 years in history. always hovering around 30m revenue is nothing surprise. It just a matter of time for RGB to back to profitable business and we know it. Bonus point is this company is rich with cash on hand.
Foker haha…now only know the worst of this kind of company. 4ever5 even dreaming abot cash rich company and nothing for Q1 result. Why don’t say rgb have money printing machines? after covid/without China tourists, want to become cash rich, continue dreaming la hahaha….
chill guys. We all know Philippines is RGB’s major market :) and Philippines casinos are dominated by the private casinos and pagcor owned casinos; maybe it’s about 70% and 30% market share respectively from the total gross gaming revenue. Looking at RGB’s results - I concur with Foker :)
Tho it’s a loss, TSM saw a double digit improvement ~17%. If we compare with the private casinos and pagcor casinos gross gaming revenue results, you will be surprised that it’s also showing double digit percentage improvement :)
no new low and no reversal sign for rgb. Continue sideway. Chillax first. Rgb share price trends before q2 results will tell us - continue sleep or vroom2
6 cents? so good meh. +$40M retained earnings, $30M cash equivalent, and $14M debt. I dont think its possible to go 6 cents BUT I will welcome it. And I really hope it can come to 6 cents. hehe
Agree with Ming. I feel this QR is just acceptable, neither good nor bad. Without the foreign exchange lost 3.5m, it should turn to profitable QR. It is a good sign to see TSM lost has drop significantly. RGB rent slot machines to casino and in return, RGB get the share profits. this is how TSM revenue come from. During covid, TSM suffer a great lost because it need to do maintenance on machine and have no profit sharing from casino. Now that most country are reopening like pre-covid, TSM will eventually recover and become profitable when more casino are allow to operate. It may take another 1 or 2 QR. So, patient is the key and ignore noises.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
packhoo
6 posts
Posted by packhoo > 2022-05-30 21:18 | Report Abuse
Foker,tell me why why, haha… quarter result come out, how come no fly? We want to see you all fly, haha….