RGT Bhd (RGTBHD 9554), riding on sanitiser dispenser demand caused by Covid-19 [$$bill]
RGT Bhd (RGTBHD 9554), riding on sanitiser dispenser demand caused by Covid-19 [$$bill] This is a quick update from my previous RGT Bhd post: RGTBHD (9954), the newly discovered Covid-19 thematic play [$$bill] ( https://klse.i3investor.com/blogs/dollardollarbill/2020-05-21-story-h1507774981-RGTBHD_9954_the_newly_discovered_Covid_19_thematic_play_bill.jsp ) Brief intro: How is RGT benefiting from sanitiser and hand soap dispensers? RGT’s major customer is Newell Brands Inc , which contributes to the bulk of RGT’s revenue. Newell owns Rubbermaid Commercial Products , which sells sanitiser dispensers and hand soap dispensers that is manufactured by RGT. Newell has a few business segments, but its Commercial segment (which Rubbermaid Commercial Products is under) is seeing strong demand. What I would like to highlight in this post is about Newell’s Commercial business. Below are quotes from Newell 1Q 2020 earnings conference call : “ Rubbermaid Commercial Products also saw an impr