RGTBHD is consider turnaround stock. Previously PN17 company but after change CEO and tookover 60% RGTSB change of business strategy into moulded plastic in hygiene care, sanitizer and medical equipment, air freshener. This new strategy has managed to uplift the company from PN 17, and its profit margin from negative to positive since takeover. The company has plans to take over balance 40% of this profitable biz. Currently, it is operating at 100% capacity during MCO (check their last Q report). Main customer in US (Newell) posted extremely good sales in their quarter. Plus covid has increased from 500 in 31 march (last Q) to 109k death now. Plus strengthening of USD/MYR from last quarter so this will boost coming quarter earnings. At 25 sen it is worth a look.
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....
Cooldrkx
35 posts
Posted by Cooldrkx > 2020-06-16 12:02 | Report Abuse
Dispenser sold out - power... But stock movement too slow.. Need add more power