Posted by bruce5113 > 2016-07-28 21:21 | Report Abuse

tomorrow...up up up...rgb... :-D :-D :-D

Posted by paperplane2016 > 2016-07-28 23:58 | Report Abuse

This is another one I like. No debts, great free cash flows.

Posted by kai8994 > 2016-08-01 11:16 | Report Abuse

Finally it moves.. :D

Posted by skyz > 2016-08-01 11:19 | Report Abuse

hopefully can maintain the rhythm :)

Posted by PassBy > 2016-08-01 11:28 | Report Abuse

Day show again ...

Posted by GoodBoy > 2016-08-01 11:29 | Report Abuse

Any good news ?

Posted by skyz > 2016-08-01 11:31 | Report Abuse

good news is Operators finally decided to make the move. its a bulk buy

Posted by GoodBoy > 2016-08-01 11:33 | Report Abuse

Thks .... good time ahead .... cheers ....

Posted by excelyou > 2016-08-01 11:33 | Report Abuse

GEORGE TOWN: Electronic gaming machine and equipment maker RGB International Bhd is eyeing new businesses in Europe and South America, as the company seeks to expand its market reach.

RGB derives 95% of its sales from the Asia-Pacific region.

“We want to move away from our traditional markets to broaden the revenue base for the group,” said group managing director Datuk Chuah Kim Seah (pic).

The company, he said had secured orders for 700 units of gaming machines valued at RM80mil for the first half 2016.

About 500 units had been delivered to customers.

“The remaining 200 will be delivered in the third quarter. With the delivery of the 700 units, we are projecting double-digit percentage growth over last year’s net profit,” he told StarBiz.

The sales of gaming machines made up about 70% of the group’s revenue, while the remainder was contributed by the RGB’s gaming concession programme, which included the leasing of machines and equipment.

Chuah said the group was targeting to sell more machines than last year’s 1,300 units, which generated RM145mil in revenue.

For the second half, the group had 400 more gaming machines with an estimated market value RM45mil to deliver before the end of the year.

“The total undelivered units to date is 600, which includes the 200 yet to be delivered units secured in the first half.

“To surpass last year’s goal, we need to secure sales for 300 more units,” he said.

On RGB’s concession business, the leasing of the machines in the Asia region is expected to generate RM7.6mil per month for 2016, compared with RM7mil in 2015.

RGB leases its gaming machines to customers in Indochina, the Philippines, Timor Leste and Nepal.

“The Philippines is one of the largest markets for us,” he said.

Chuah said the group would be leasing machines soon under its concession programme to Kathmandu, which is a new market for the group.

“The machines are ready to be shipped out and should be operational by the fourth quarter,” he said.

RGB reported a 37% increase in net profit to RM5.9mil in the first quarter ended March 31, as revenue improved 45% to RM56mil.

Meanwhile, the group has settled the remaining RM27mil debts owed under the Commercial Papers Medium Term Notes (CPMTN) programme ahead of the scheduled final payment due in 2019.

“The group has more than RM60mil cash in hand, after settling the CPMTN debts,” Chuah said.

This cashpile will come in handy as the group explores opportunities in new markets.

Posted by investing1st > 2016-08-01 11:36 | Report Abuse

Finally wake up ady

Posted by projecti2016 > 2016-08-01 11:38 | Report Abuse

boom.

Posted by skyz > 2016-08-01 11:41 | Report Abuse

oo... its supported by press release, thanks excelyou. seems like the big players also moving concurrently. lets ride the wave! 20cents, ini kali lah!

Posted by paperplane2016 > 2016-08-01 13:42 | Report Abuse

WOW!!!

Posted by paperplane2016 > 2016-08-01 13:45 | Report Abuse

hopefully more div coming years

Posted by leon312214 > 2016-08-01 14:06 | Report Abuse

finally it come, anyway good news since management eyes on europe market and, full of cash, good

Posted by GoodBoy > 2016-08-01 15:10 | Report Abuse

Bruce, where are u ? Busy counting money ka ? ..... hahaha .....

Posted by contango > 2016-08-01 15:28 | Report Abuse

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

Posted by paperplane2016 > 2016-08-01 16:48 | Report Abuse

only problem is low div...........and keep doing ESOS......

Posted by Yau Yik Yong > 2016-08-01 16:48 | Report Abuse

foundation much stronger than 7206, up up up!

Posted by contango > 2016-08-01 16:56 | Report Abuse

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

Posted by skyz > 2016-08-01 17:03 | Report Abuse

the dividend is low compared to the Directors' remuneration. and yes, the ESOS is turning everyone off!

Posted by bruce5113 > 2016-08-01 17:19 | Report Abuse

goodboy, today i'm busy counting money, but not on stock, this whole afternoon i'm busy doing freelance job help people repaired PC to earn little money for 1 week food expense... :-D up up up...rgb... :-D :-D :-D

Posted by bruce5113 > 2016-08-01 19:56 | Report Abuse

http://www.thestar.com.my/business/business-news/2016/08/01/rgb-eyes-new-markets-in-europe-s-america/ ~~~ no Philippines no problem, still got europe and south america... :-D up up up...rgb... :-D :-D :-D

Posted by kql0003 > 2016-08-01 20:27 | Report Abuse

rgb上上上

Posted by projecti2016 > 2016-08-01 20:28 | Report Abuse

Where are the peeps who said Philippines crackdown and sell the stock

Posted by Lost In Bursa > 2016-08-01 20:32 | Report Abuse

If not mistaken, this counter will go up to 0.190~0.195 tomorrow.

Posted by bruce5113 > 2016-08-01 20:42 | Report Abuse

0.190-0.195...saliva come out already... :-D up up up...rgb... :-D :-D :-D

Posted by upupup123 > 2016-08-01 21:30 | Report Abuse

Time to start moving. It is a long way to 0.60. Hope it is not another one day snake show.

Posted by bruce5113 > 2016-08-01 21:50 | Report Abuse

your name is upupup123, so u should have confident will up up up...rgb... :-D :-D :-D

Posted by paperplane2016 > 2016-08-01 22:38 | Report Abuse

My view is previously they don't pay high div due to repayment on debts. As it turn cash now, I hope to see higher div yield, at least matching fd rates I wanted. Else, I will be disappointed.
If they take money go and spent willingly in non related acquisition or doing funny things, I will sell as esos is already a big no no to me.

Posted by investing1st > 2016-08-01 23:03 | Report Abuse

0.2 is coming..

Posted by upupup123 > 2016-08-02 00:40 | Report Abuse

There is no reason why they cannot pay a dividend of at least 1 sen since the company has cash in excess of RM60m and when the directors are paying themselves so much every year and with millions and millions of esos as well.

Posted by Yunqi > 2016-08-02 12:00 | Report Abuse

Always like this,one day show again n again,no surprise.

Posted by bruce5113 > 2016-08-02 12:02 | Report Abuse

up up up...rgb... :-D :-D :-D

Posted by Lost In Bursa > 2016-08-02 12:07 | Report Abuse

ESOS is always a killing machine! Today no big players come in. Very dissapointed. They played Waseong, Fbion, Homeritz etc.....

Posted by skyz > 2016-08-02 12:20 | Report Abuse

so far is this Mazlan guy exercising ESOS and dumping in open market few months later. so far Datuk Chuah has not seen any disposing activities so far... waiting for the right timing to work hand in hand with syndicates/operators? ur guess is as good as mine, lets wait and see whether this time they decided to push or not. or just another 1 day show

Posted by CUTLOSS > 2016-08-02 13:03 | Report Abuse

Agree gambling is not good. Youngsters don't believe it as they are more knowledgeable compare to their parents.

Posted by William Tan > 2016-08-02 13:48 | Report Abuse

no power =="

Posted by GoodBoy > 2016-08-02 14:08 | Report Abuse

Received my dividend today ...... shld pay higher dividend next time ..... cheers ......

Posted by bruce5113 > 2016-08-02 15:43 | Report Abuse

why so late received, i got it on 15 july... :-D up up up..rgb... :-D :-D :-D

Posted by GoodBoy > 2016-08-02 15:49 | Report Abuse

Not sure la .... up up up .....

Posted by bruce5113 > 2016-08-02 16:28 | Report Abuse

What is your average price? Up up up...rgb... :-D :-D :-D

Posted by GoodBoy > 2016-08-02 19:52 | Report Abuse

Below 0.16 ...... cheers ......

Posted by projecti2016 > 2016-08-02 20:04 | Report Abuse

ya lo. I also got mine on 15July.

Posted by bruce5113 > 2016-08-02 21:35 | Report Abuse

ohh...about same price as me... :-D up up up...rgb... :-D :-D :-D

Posted by bruce5113 > 2016-08-02 21:36 | Report Abuse

projecti2016, so how about your average price? :-D up up up...rgb... :-D :-D :-D

Posted by GoodBoy > 2016-08-02 21:48 | Report Abuse

Actually i bought it quite long ago ...... started since 0.130 .... keep adding til recently ...... that's why average price go higher ..... hope good time ahead ..... cheers .....

Posted by bruce5113 > 2016-08-02 21:53 | Report Abuse

how long u hold it? since whne? up up up...rgb... :-D :-D :-D

Posted by projecti2016 > 2016-08-02 21:55 | Report Abuse

0.155 me

Posted by bruce5113 > 2016-08-02 21:57 | Report Abuse

ohh...better then me, how long u hold it? up up up...rgb... :-D :-D :-D