RBR 0.00% 0.2¢ rbr group limited

Reflecting on the quarterly, after a few days to digest the...

  1. 16,863 Posts.
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    Reflecting on the quarterly, after a few days to digest the trader flush & strong support at 1.5c, I am extremely bullish about this month in particular as there are clues galore in the details about their expansion plans.

    upload_2018-2-2_9-24-2.png

    The high level summary (highlights section) reads very well with expansion in their client base as training for several new clients has commenced.

    Further to this (& the key highlight for mine) is in the first paragraph of page 2 - being that they are working with Mozambique's National Professional Education Authority (ANEP) to develop National Training Standards. This is huge & should not be underestimated. The Mozambique government is leaning on RBR to help develop their national training standards.

    The existing pipeline of work in Mozambique is extensive & the imminent deployment of the FuturoCard will add instant cash-flow in to the business which is always well received.

    Importantly, the "FuturoCARD is attracting a high level of attention & interest from the Mozambique government (with the potential to adopt it nationwide), industry and other stakeholders including INEFP, other private training organisations, donor agencies & corporate clients".

    In a jurisdiction like Mozambique, it is no coincidence that they are getting a lot of attention / interest from the government which probably stems from RBR helping the government in developing national training standards. I scratch your back, you scratch mine... win win!

    The expected explosion in the Mozambique work force due to the Billions-of-dollars of investment going in to the country is well published & IMO RBR is in the box seat to capitalise.

    Further to Mozambique, RBR is looking to expand in to other jurisdictions being Guinea, Mongolia & possibly others. These are briefly touched on in the quarterly with a French version of the FuturoCARD looking to be deployed in Q2 2018.

    As you can see, the FA is looking supremely strong.

    I'd welcome a TA analysis of the charts - my amateur view is that the 3 consecutive closes at 1.5c (after trading below 1.5c on each of the 3 days) is significant, but charting is not my area of strength.

    @Saragian - can you please assist with the above as you so kindly provided a view previously.

    Happy Hunting - GO RBR!!
 
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