I never say rgb no good. Just like to say, got other good one also. Flip back and see. Also, so many esos, how to go high ? Jangan listen itu say all in at 0.30, lost bank interest n l don't think he all in. Talk is cheap, just share share personal opinion nia.
Actually given dividend is part of reason why QR is poor. Like our money in bank. If we spend(take as dividend) will the bank money remain or likely to reduce and therefore receive less interest?
I believe I'm among the earliest batch of investors who have experienced the up and down of RGB. To understand more about RGB, you may refer to above links. Now, the reason i want to write on RGB again is to point out more about "over expectation" and RGB's seasonal behaviour. The benefit of this articles i hope is given to newbies. If you are old bird, you do not need to care too much about this article. (1) Over expectation For a period of time, a "special" formulation become a hot topic in i3. I used RGB Q3 16 result as example. EPS for Q3 2016 is 0.71 sen (RM 0.007). The "annualized formula therefore, 0.71 sen x 4 = RM 0.028 x PE 10 = RM 0.28 share price, or 0.71 sen x 4 = RM 0.028 x PE15 = RM 0.42 share price. The end result,
RGB seems to have this pattten, the high season is always during 2nd and 3rd quarter.
Now, If you are already on the "LATE" boat, DO NOT PANIC. RGB is a pretty good company with healthy balance sheet. At least for me. Forget about the "OVER EXPECTATION" FORMULA, focus on SEASONAL BEHAVIOUR of RGB. If you are confident, you should start looking into near future for another SEASONAL HIGH?
Conclusion: Are you an INVESTOR? Seriously? Are you a SPECULATOR? If you want to be investor, look for my sifu KC CHONG. If you want to be speculator, 90% of forummer in i3 is your sifu. Make a choice and pick a road, don't keep jumping from one ship to another. Sekejap ni, sekejap tu ..... Hope you grab the POSITIVE MESSAGE of this article.
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....
MATB
609 posts
Posted by MATB > 2017-02-23 08:59 | Report Abuse
0.29 opening. indicator show