ON Feb 25 - Bursa
Malaysia Securities Bhd (Bursa Securities) announced today that RGT Bhd
(formerly known as Asia Knight Bhd) is out of Bursa Securities'
Practice Note 17 (PN17) list as RGT has regularised its financial
condition.
Bursa
Securities said in a statement today that the plastic products
manufacturer no longer triggers any of the PN17 criteria under the
regulator's Main Market listing requirements.
On 03 May - RGTBHD continue release a positive result for 2 years from the guarantee of RM20mil
On May 30 - one of the newly classified 14 Shariah compliant securities RGTBHD
Reasons to consider Rapid Growth Technology (RGTBHD)
1) Potential benefit from trade wars, this company doing plastic moulding for air car & healthcare and supply alot to USA
2) Back on track to its business, survival of PN17, then few days later SC announce it is classified as shariah counter
3)QR keep improving and now RGTBHD is underpricing
4)Lesson learned from PN17, nowNett cash company
Position trading only
Short term trade
Entry suggesting RM0.17- RM0.18
Exit suggusting RM0.20 - RM0.25 or set 1.5sens trailing exit
Cut Loss RM0.155
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herein. If investment and other professional advice are required, the
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