Radiant Globaltech Bhd (with MSC malaysia status company since 2014)is engaged in providing retail technology solutions including retail hardware, retail software, as well as maintenance and technical support services. It also offers full range of retail technology solutions to its customers.
WHAT is MSC Malaysia status?
MSC Malaysia status is a recognition by the Government of Malaysia through the Multimedia Development Corporation (MDeC), for ICT and ICT-facilitated businesses that develop or use multimedia technologies to produce and enhance their products and services.
Radiant Globaltech aims to leverage direct presence into Thailand’s retail sector
KUALA LUMPUR (Feb 25):
Retail technology solutions provider Radiant Globaltech Bhd aims to
leverage its direct presence into Thailand’s large retail sector with
the recent joint venture agreement with Simat Technologies Public Co
Ltd.
In a statement Feb 24, Radiant
Globaltech’s managing director Paul Yap Ban Foo said with this, the firm
will provide point of sales equipment and retail software solutions to
retailers in Thailand.
“We have received higher enquiries from
small and medium enterprises to large multinational companies for our
retail management portal AX Retail B2B due to its ability to enhance
operational efficiency and accuracy,” he said.
SOURCES: https://www.theedgemarkets.com/article/radiant-globaltech-aims-leverage-direct-presence-thailands-retail-sector
RGTECH Has similar service products (as shown above) with REVENUE
(0020)!!! the difference is they service in different broad regions. RGTECH
focus in SEA market where Revenue focus in local market!!!
Recent Announcement :
Date 25FEB 2020
Sources: https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3026365
2019 Highlight:
Results:
As you can see on the QR above, BOTH Revenue and Profit growing strong
Technical analysis
Rgtech is about to breakout RM0.35 sens, we believe short term target is RM0.65 however we do not want for short term gain as we believe the rapid growth and improvement in fundamentals of rgtech will value at much higher price. Hence, our mid to long term target for RGTECH is not available yet
WHY RGTECH
- Revenue (0200) Rival, their figures and service products are very similar
- Stronger FY2019 32% higher revenue than FY2018
- Net profit surge 94.8% on greater adoption of retail technology
- 3,500 suppliers registered to AX Retail B2B as at end-2019
- All 7-eleven Malaysia stores total 2,323 outlets are adopting usage of AX Retail B2B portal
- MSC Malaysia Status
-International Business Partners: Honeywell, Pricer, HP, Datalogic and etc.
TP1 : RM 0.65
TP2 :N/A, Not going to sell as long as QR continue to improve
Our analysed target price is based on several factors : company growth, business partner, technology valuation,service product and rival valuation Revenue(0200)
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principle and other losses. This article and charts are provided for
information only and should not be construed as a solicitation to buy or
sell
https://klse.i3investor.com/blogs/share4u_2020/2020-02-26-story-h1483946308-Rgtech_Superb_Growth_Tech_stock_incoming.jsp
