Nepal and Philippines casino revenue will continue grow and becoming next Macau. If RGB can ride with the local casino operators, RGB will be outperform again.
I don't think is because of dividend.. If can only get 3% dividend from this stock... Why not just put into FD... FD also can get 4% and above interest..
1) Awarded exclusive Aristocrat distributorship in Goa and Laos 2) Royce Casino concession in Philippines staring in Jan 2016 3) New machines to be placed at existing outlets to improve the revenue 4) Table games to be introduce 5) Interest saving from early redemption of loan
3 sen dividend - dream on. They only paid 0.5 sen for 2015. Used to pay 50 sen for every 1000 shares. People laughed at them. Postage stamp more than dividend. You will be lucky if they even pay you 1.5 sen. They can if they want to. EBITDA is RM62m
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....
PassBy
146 posts
Posted by PassBy > 2016-05-13 12:25 | Report Abuse
Market up or down this stock also ZZzzzzzz....