Board Change • May 20
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 6 highly experienced directors. 2 independent directors (5 non-independent directors). Independent Director Md. Siddiquee was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. New Risk • Aug 11
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Bangladeshi stocks, typically moving 7.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Latest financial reports are more than 1 year old (reported June 2021 fiscal period end). Market cap is less than US$10m (৳746.0m market cap, or US$6.32m). Minor Risk Share price has been volatile over the past 3 months (7.3% average weekly change). New Risk • Jan 22
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: ৳1.04b (US$9.50m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Latest financial reports are more than 1 year old (reported June 2021 fiscal period end). Market cap is less than US$10m (৳1.04b market cap, or US$9.50m). Board Change • Jan 09
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 5 highly experienced directors. 2 independent directors (5 non-independent directors). Independent Director Md. Siddiquee was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Board Change • Nov 18
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 5 highly experienced directors. 2 independent directors (5 non-independent directors). Independent Director Md. Siddiquee was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Board Change • Oct 12
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 5 highly experienced directors. 2 independent directors (5 non-independent directors). Independent Director Md. Siddiquee was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Board Change • Mar 01
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 5 highly experienced directors. 2 independent directors (5 non-independent directors). Independent Director Md. Siddiquee was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Board Change • Nov 17
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was an independent director. The company's board is composed of: 1 new director. 1 experienced director. 5 highly experienced directors. 2 independent directors (5 non-independent directors). Independent Director Md. Siddiquee was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Board Change • Apr 27
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was an independent director. The company's board is composed of: 1 new director. 1 experienced director. 5 highly experienced directors. 2 independent directors (5 non-independent directors). Independent Director Md. Siddiquee was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Reported Earnings • Jan 11
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: ৳1.62 loss per share (down from ৳0.31 loss in FY 2020). Revenue: ৳1.11b (up 29% from FY 2020). Net loss: ৳208.0m (loss widened 424% from FY 2020). Revenue was in line with analyst estimates. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 92 percentage points per year, which is a significant difference in performance. Reported Earnings • Dec 08
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: ৳1.62 loss per share (down from ৳0.31 loss in FY 2020). Revenue: ৳1.11b (up 29% from FY 2020). Net loss: ৳208.0m (loss widened 424% from FY 2020). Revenue was in line with analyst estimates. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 95 percentage points per year, which is a significant difference in performance. Reported Earnings • Jun 11
Third quarter 2021 earnings released: ৳0.46 loss per share (vs ৳0.14 profit in 3Q 2020) The company reported a soft third quarter result with weaker earnings and weaker control over costs, although revenues improved. Third quarter 2021 results: Revenue: ৳252.6m (up 28% from 3Q 2020). Net loss: ৳59.8m (down 425% from profit in 3Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 85 percentage points per year, which is a significant difference in performance. Reported Earnings • Feb 03
Second quarter 2021 earnings released: ৳0.25 loss per share (vs ৳0.08 profit in 2Q 2020) The company reported a mediocre second quarter result with weaker earnings and weaker control over costs, although revenues improved. Second quarter 2021 results: Revenue: ৳350.5m (up 36% from 2Q 2020). Net loss: ৳32.0m (down 416% from profit in 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 75% per year but the company’s share price has only fallen by 19% per year, which means it has not declined as severely as earnings. 공시 • Nov 20
Regent Textile Mills Limited, Annual General Meeting, Dec 30, 2020 Regent Textile Mills Limited, Annual General Meeting, Dec 30, 2020, at 15:00 Bangladesh Standard Time. Is New 90 Day High Low • Nov 17
New 90-day low: ৳8.60 The company is down 2.0% from its price of ৳8.80 on 19 August 2020. The Bangladeshi market is up 5.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Luxury industry, which is down 3.0% over the same period. Valuation Update With 7 Day Price Move • Oct 28
Market pulls back on stock over the past week After last week's 16% share price decline to ৳8.70, the stock is trading at a trailing P/E ratio of 19.5x, down from the previous P/E ratio of 23.1x. This compares to an average P/E of 20x in the Luxury industry in Bangladesh. Total return to shareholders over the past three years is a loss of 56%. Is New 90 Day High Low • Sep 29
New 90-day high: ৳10.80 The company is up 38% from its price of ৳7.80 on 30 June 2020. The Bangladeshi market is up 25% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Luxury industry, which is up 17% over the same period. 공시 • Sep 07
Regent Textile Mills Limited to Report Q3, 2020 Results on Aug 16, 2020 Regent Textile Mills Limited announced that they will report Q3, 2020 results on Aug 16, 2020