Didn’t expect such a solid counter after studying the financial report, products and currently can’t cope with the products order n run in max capacity
Business is so good they operate 7 days a week with overtime to meet Huge Demand for Sanitizer Dispenser both for USA as OEM and their own local business as OBM
3) COMMENTARY ON PROSPECT Despite the economic challenges caused by the earlier trade war and Covid-19 pandemic, the prospect of the Group is expected to remain positive for the coming year for our products relating to Hygiene Care which is widely used to prevent and control the spread of infectious diseases, which includes the unprecedented Covid-19 pandemic. We have received encouraging sales orders from our customer from United States of America and Europe following the rapid spread of Covid-19 to those continents. Going forward, there is growing demand for our Group to provide value added services for our products and services.
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Going forward, there is growing demand for our Group to provide value added services for our products and services.
See all other gloves stock... soon they will cut loss and move their fund to here...all bleed like no end... some buy hospital bed LKL. Debt high and lossing somemore
RGT has more than 30m cash , 0 borrowings , products sold in USD... why focus those lousy and purely goreng company. Typical pump and dump...
One stop solution. Did anyone actually know RGT manufacture Medical Devices as well ? You have to understand what you buy . Aim big. Dont like those punters after sold MTAG , esceram , nylex , comfort , and etc then limit up... discover earlier than others ... next quarter result should be vrrom
Rapid Growth Technology Sdn. Bhd. (RGT) was established in 1997 in a rented facility with an initial workforce of 30. Today, we have grown into a family of more than 300 professionals with a fully equipped manufacturing facility spanning across 192,000 sq. ft. of land area ready to bring your most innovative ideas to life.
RGT’s exponential growth can be attributed to our relentless dedication and commitment to excellence in everything we do. Over the years, we have earned the trust of many global brands as their preferred Original Equipment Manufacturer.
As an ISO QMS certified company, we strive for the highest quality in our processes and products to ensure we deliver what we promise without cutting corners. With this operating principle, we believe we can be a leading global one-stop solution business partner to you.
Our global supply chain include the Americas, Europe, Middle East, Africa, Asia and Australasia. We believe in growing together with our customers. When you engage us, you can be assured that our team of passionate professionals will do their best to provide you with a seamless design, engineering and manufacturing experience.
Chee poh Tay, all 3 Rgt, Nylex and Ancom are good as they in same business of ethanol, sanitizer and sanitizer dispenser
Gloves, isolation gown and face masks protect from covid 19.
Only sanitizer attacks coronavirus Can buy and hold. Over next few quarter will see Nylex cyclical strong rebound rebound and Ancom is Nylex 's proxy
For Rgt the game changer from covid 19 will now make it's touch-less Sanitizer dispenser indispensable for safety
Every hospital, home, office, shopping mall, factory, warehouse, showroom, restaurant will need to use auto sanitizer dispenser for a very long time as memory of covid 19 will be permanent reminder
So Rgt products will continue to be in great demand
And Rgt is not just sanitizer it is also a high growth tech company like fronken and MI technnovation
The key word is "innovation " for Rgt and it's growth will be rapid
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....
GreenDragon
21 posts
Posted by GreenDragon > 2020-06-02 14:58 | Report Abuse
Bought & holding on...