RLG 0.00% 0.5¢ roolife group ltd

Unit Sales - update, page-107

  1. 495 Posts.
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    I am betting on record level revenue and CF positive this quarter by adding RLG at 2.8c today.

    From business development perspective, given market's conservative view on the company (as partially indicated by investors' sentiment in this forum), I think company is in a tricky situation. I don't think market will react positively if company enters a new business where cap raise is needed, noting bank finance (e.g. working capital facility) would still be difficult to arrange until positive CF is sustained. Hence, they might only be able to secure new contracts which require minimum additional investments.

    To me, first step to address this is to consolidate and sustain positive CF for two / three quarters, then continue to expand rapidly.
 
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