It remains clear that RHP operates a highly profitable business model (Pay-as-you-consume) leveraged to a large, growing market and is run by a very capable management team.
It has supported 3,000 IT Resellers across Asia Pacific and has partnered with a valuable Japanese partner JBS, for developing Japanese market (the 3rd largest economy on earth).
I bought this share for long-term growth and wealth creation because of (1) its business model and the post-pandemic era that Cloud business will be the fast growth market (2) it is an Asia Pacific’s leading cloud channel company providing technology partners with complete end-to-end cloud solutions and helping them grow and thrive in the Cloud economy. It has a vendor portfolio which includes Microsoft, VMWare, Citrix, Veeam, DocuSign and others !
Highly recommended to people believing in Cloud Business.
RHP Price at posting:
$1.72 Sentiment: Buy Disclosure: Held
