RGT BERHAD

KLSE (MYR): RGTBHD (9954)

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Last Price

0.59

Today's Change

+0.02 (3.51%)

Day's Change

0.57 - 0.59

Trading Volume

107,200


3 people like this.

1,753 comment(s). Last comment by cyeec2000 1 month ago

Posted by Gorengkaki2016 > 2018-11-01 14:33 | Report Abuse

PN17 gone soon

thesteward

6,781 posts

Posted by thesteward > 2018-11-02 15:45 | Report Abuse

Come on baby goto .25 pls

Posted by Gorengkaki2016 > 2018-11-02 16:05 | Report Abuse

Dont worry soon.....

ZEPAN

606 posts

Posted by ZEPAN > 2018-11-05 06:06 | Report Abuse

a reminder,soon someone going to get burn, that's for sure.

6stars

68 posts

Posted by 6stars > 2018-11-07 15:46 | Report Abuse

Pn17 will be uplifted. Time to accumulate

thesteward

6,781 posts

Posted by thesteward > 2018-11-08 09:47 | Report Abuse

I already mention from dirt low. Haha .
Holding more to come my 2 sen

thesteward

6,781 posts

Posted by thesteward > 2018-11-08 09:48 | Report Abuse

Also watch bcmmall

speakup

26,807 posts

Posted by speakup > 2018-11-08 10:06 | Report Abuse

https://www.malaysiakini.com/columns/450858
PH rompak Petronas. Best giler!

Posted by starlord2020 > 2018-11-08 10:39 | Report Abuse

go go go, TP 0.3
its now or never

Posted by BlackHorse99 > 2018-11-08 13:27 | Report Abuse

up up up after lunch

Posted by Gorengkaki2016 > 2018-11-08 14:12 | Report Abuse

TP 0.30

kitchan53

28 posts

Posted by kitchan53 > 2018-11-08 14:28 | Report Abuse

brake at 0.195 already ... shit

Posted by starlord2020 > 2018-11-08 16:54 | Report Abuse

0.195 just a starting of going up, tomorrow will go up further
stay tune

kitchan53

28 posts

Posted by kitchan53 > 2018-11-08 17:20 | Report Abuse

wow, starlord so confident...

billionn

731 posts

Posted by billionn > 2018-11-09 09:42 | Report Abuse

Ohhhh game over

kitchan53

28 posts

Posted by kitchan53 > 2018-11-09 11:16 | Report Abuse

shit, i took quite quantity at 0.195... now gameover ... diu

scottybang

310 posts

Posted by scottybang > 2018-11-09 15:43 | Report Abuse

i think will go back 0.15 now before upward

Posted by ionlywanttoearn > 2018-11-12 07:52 | Report Abuse

time for some gorenggg

JaBerry

369 posts

Posted by JaBerry > 2018-11-13 12:36 | Report Abuse

It must be goreng else all red except this

Posted by ionlywanttoearn > 2018-11-14 08:36 | Report Abuse

goreng goreng.. goreng rm 0.3

thesteward

6,781 posts

Posted by thesteward > 2018-11-14 09:34 | Report Abuse

Watch closely also the son . Both mother n son !
Gogo aknight Cu at .25 then .30. Fingers crossed

billionn

731 posts

Posted by billionn > 2018-11-14 10:00 | Report Abuse

Aiyoyoyo better sell now lor when u c words like dick cross pussy cross better run for your life

billionn

731 posts

Posted by billionn > 2018-11-14 12:43 | Report Abuse

Billionaire will never touch this counter la

billionn

731 posts

Posted by billionn > 2018-11-14 14:47 | Report Abuse

Ooo dick crossed game over

billionn

731 posts

Posted by billionn > 2018-11-14 14:54 | Report Abuse

Back to 0.10 again

billionn

731 posts

Posted by billionn > 2018-11-14 15:35 | Report Abuse

@thesteward pls cross your dick ya

kitchan53

28 posts

Posted by kitchan53 > 2018-11-15 09:16 | Report Abuse

stop at 0.195 again... mercedes's brake it is...

trade88

705 posts

Posted by trade88 > 2018-11-21 19:27 | Report Abuse

Diu ..CCB ,hkc..this super goreng stock always press brake at 0.195

kitchan53

28 posts

Posted by kitchan53 > 2018-12-03 13:50 | Report Abuse

Ada announcement ke?

KAQ4468

21,497 posts

Posted by KAQ4468 > 2018-12-07 15:48 | Report Abuse

eeemmmmbekkkkkkkkk

warren buntut

7,854 posts

Posted by warren buntut > 2018-12-07 17:36 | Report Abuse

if no limit down we will anal u OK

kitchan53

28 posts

Posted by kitchan53 > 2018-12-11 13:19 | Report Abuse

If anal, the price can go up , please anal me.

IVAN2222

2,094 posts

Posted by IVAN2222 > 2018-12-12 12:13 |

Post removed.Why?

kitchan53

28 posts

Posted by kitchan53 > 2018-12-14 09:07 | Report Abuse

@follower, you mean u sold all of your stocks?

Posted by Tan Tak Chuang > 2018-12-24 12:12 | Report Abuse

AKNIGHT - CHANGE OF NAME | https://www.klsescreener.com/v2/announcements/view/28979640

Posted by commonsense > 2019-01-15 06:19 | Report Abuse

The potential delisting of Perisai next month shows the risk of investing in a PN17 company. For RGT Berhad (previously known as Asia Knight) the reason for the company to fall into PN17 is not the same as Perisai. It did not fall into PN17 due to shareholders funds falling below 25% of paid up capital but because of its auditors has express disclaimer opinions on the company’s audited account of FY2014. For me this is worse than Perisai since investors cannot be sure if the numbers reported by the company are actually true or not.

That being said, the company was fast with coming up with a regulation plan of which was successfully implemented last year. The regulation plan for this company evolve around Asia Knight acquiring a 60% interest in Rapid Growth Technology (hence why the name change) for RM48mil which was funded via last year’s right issue exercise. With this acquisition it is expected that RGT would most probably be lifted from the PN17 status in FY19. Hopefully this time, the auditors would not find any major concerns on the accounting treatment of the company’s books.

Based on the 2 most recent quarterly report (1Q19 & 4Q18) the company now can achieve a profit to shareholder ranging around RM1-1.2mil per quarter. Assuming they can manage to deliver a profit of RM6mil to shareholder (average profit for 1, 2 & 3Q19 needs to be RM1.6m), at the current price the company is already valued at 17.3x PE. If you include the warrants (since it is already in the money), that would mean that the valuation would actually go up to more than 20x PE which is high considering the current market environment.

The company’s current balance sheet looks healthy with the company currently having a net cash position of RM20.6mil. The company has an NTA of RM40mil or 7 sens per share. At the current share price, the company is currently trading at a PB valuation of 2.6x.

If you are looking to diversify your portfolio outside of RGT (due to its rich valuation) I would recommend you to look at MBMR.

MBMR is a direct proxy to Perodua via its 22.6% interest in the company. Valuation is cheap at only 6.5x PE (based on target FY18 PATAMI of RM145mil. 9m PATAMI is already RM106mil). PB is low at only 0.6x BV. 4Q18 results is expected to be higher than 3Q18 and last year's 4Q17.

For FY19 growth will be driven by the still high demand of new Myvi and the newly launched SUV and also the new Alza in 2H19.

Please go through the analyst reports (https://klse.i3investor.com/servlets/stk/pt/5983.jsp) and do your own analysis before making any decisions. Most analysts have a TP of above RM3 for the company with Hong Leong being the lowest at RM3.13 and Maybank the highest at RM4.50.

Good luck.

kenyong

79 posts

Posted by kenyong > 2019-01-15 09:30 |

Post removed.Why?

Posted by WongJiaHao > 2019-01-15 09:33 | Report Abuse

hmm so this means this counter most likely wont suffer same fate as perisai?

Posted by SureWin1Woh > 2019-01-15 14:42 | Report Abuse

Can sense some accumulation now. Most probably due to good upcoming QR, and eventual upliftment from PN17.

Posted by SureWin1Woh > 2019-01-15 14:43 | Report Abuse

If QR no good, insider would not accumulate shares at this point in time

Posted by OSEResearch > 2019-01-19 11:41 |

Post removed.Why?

The_Reds

2,025 posts

Posted by The_Reds > 2019-01-25 14:52 | Report Abuse

watch out for this counter...

Posted by William Choong > 2019-01-25 14:56 | Report Abuse

No use, someone dun let the price pass 0.195...

The_Reds

2,025 posts

Posted by The_Reds > 2019-01-25 17:08 | Report Abuse

Almost ready to go to next phase..

tracker113

273 posts

Posted by tracker113 > 2019-01-29 19:36 | Report Abuse

anybody know when is the QR?

billionn

731 posts

Posted by billionn > 2019-01-31 14:59 | Report Abuse

Sth fishy is brewing

Posted by SureWin1Woh > 2019-02-02 18:35 | Report Abuse

#billionn:
Yes, now this fella is in accumulation stage judging from the recent volume transacted. Will explode after QR

6stars

68 posts

Posted by 6stars > 2019-02-08 09:45 | Report Abuse

20s now. Anybody knows when is QR announcement ?

The_Reds

2,025 posts

Posted by The_Reds > 2019-02-08 10:30 | Report Abuse

Definitely this month..

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