Posts

Showing posts from May, 2020

RGTBHD (9954), the newly discovered Covid-19 thematic play [$$bill]

Image
RGTBHD (9954), the newly discovered Covid-19 thematic play [$$bill] Covid-19 has created a  new normal   with people now having to live a more hygienic lifestyle. Companies around the world (shopping malls, offices, factories, etc.) are following suit with this  new normal  by installing hygiene care products such as  sanitiser dispensers  and  hand soap dispensers . RGT Bhd (9954,  not RGTECH ) latest 3Q quarterly report (announced 19 May 2020) shows that it is set to  benefit  from this  new normal : Source:  https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3051171 RGT Bhd’s Rapid Growth Technology Sdn Bhd is already an established  front runner   in these hygiene care products. Rapid Growth Technology makes those products for its key customer Newell Brands Inc, which owns Rubbermaid Commercial Products: Source:  https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_i

Pentamaster, Shariah funds ready to pounce [$$bill]

Image
Pentamaster, Shariah funds ready to pounce [$$bill] Pentamaster shares may get a boost next week when it gets included in the   list of Shariah-compliant securities . FYI, the list of Shariah-compliant securities is  announced in the final week of May and November. We could see the reverse effect of what happened on  29 Nov 2019  if  Islamic/Shariah funds  rush in  to buy this top-rated tech stock that is a darling among fund managers and analysts. Investors may recall  29 Nov 2019 , the day when Penta   tumbled 20%   intraday after it was excluded from the list of  Shariah -compliant securities (first time since Penta’s listing in 2003): Penta collapsed to as low as RM3.74 from its previous day close of RM4.69, while volume surged with 137 million shares traded. It was said that  Islamic/Shariah unit trust funds  had to sell down Penta to comply with their Shariah investment mandate. Source:  https://www.thestar.com.my/business/business-news/2019/11/29/quick-take-pentamaster-falls-91-

Pentamaster, the undiscovered Covid-19 thematic play [$$bill]

Image
Pentamaster, the undiscovered Covid-19 thematic play Covid-19 thematic stocks have seen a fantastic rally lately. Gloves, face masks, PPE, face shields, medical beds, ventilators, etc.. you name it. One stock not known to many that has jumped on this ship is Pentamaster. It recently started making  Ventilators  like K-One Technology (K1).  Why do many not know about this? That’s because Penta has not made an announcement yet. However, those who have stumbled upon Malaysian Investment Development Authority (MIDA) recently published Apr 2020 newsletter ( https://www.mida.gov.my/home/e-newsletter/posts/ ) might have noticed this: This is a very interesting development which could be a catalyst to Penta’s share price.  Like Notion VTec, Penta might also get a boost from upcoming Bonus Issue.  Penta share price has been consolidating around RM4.00 level and looks ready for a breakout. For those who are less familiar, Penta is no ordinary stock. In fact, it is a champion growth stock. List o