<div>This article first appeared in <em>The Edge Financial Daily,</em> on October 31, 2016.<br />
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<div class=newsTextDataWrapInner><p><strong>RGB International Bhd (-ve)</strong></p></div>

<div class=newsTextDataWrapInner><p>Shares in RGB International Bhd (fundamental: 2.5/3, valuation: 1.8/3) saw some 54.6 million shares done last Friday, compared to its 200-day average volume of 6.91 million shares. It closed up 1 sen or 5% at 21 sen.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>Since early October, RGB’s share price has been trending upward, gaining 4 sen or 23% since its close at 17 sen on Oct 4.</p></div>

<div class=newsTextDataWrapInner><p>In its second quarter ended June 30, 2016, RGB reported a net profit of RM6.98 million, up 6% from RM6.56 million in the previous year’s corresponding quarter. Revenue gained 16% to RM58 million, from RM49.88 million.</p></div>

<div class=newsTextDataWrapInner><p>Cumulatively, net profit for the first half of its financial year was 19% higher at RM12.91 million, compared with RM10.89 million in the previous year, while revenue climbed 29% year-on-year to RM114.09 million.</p></div>

<div class=newsTextDataWrapInner><p>RGB’s price-to-net-asset-value stood at 1.51 times. It paid 1 sen per share in dividends for its financial year ended Dec 31, 2015.</p></div>


This article first appeared in The Edge Financial Daily, on October 31, 2016.

 

RGB International Bhd (-ve)

Shares in RGB International Bhd (fundamental: 2.5/3, valuation: 1.8/3) saw some 54.6 million shares done last Friday, c...

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