Framework Journal · one stock, one dated entry

Recorded 2025-03-31 · Permanent

Raytech Holding Ltd RAY

Outside both standards

An entry written while the outcome is still unknown. It will be scored by what the market does next, and it will never be edited to look cleverer than it was.

In plain words · Raytech Holding Limited, through its subsidiary, engages in the sourcing and wholesale of personal care and lifestyle electrical appliances for international brand owners in Hong Kong and Japan.

The label
Distribution

read at $2.69

Raytech Holding Ltd holds its Distribution at $2.69.

PHINPOOPSC
  • PHPhase · the trend structure carries the Distribution label
  • INInsiders · no filings inside 60 days, left as found
  • POPositioning · no disclosures inside 60 days, left as found
  • OPOptions · no verdict drawn today, left as found
  • SCScreen · does not pass the values gate
  • edge confirmed
  • edge broken
  • edge forming

Each arm is one independent read. Conviction is not a single call, it is how many edges converge.

The investor read · the season, not the day

As held on the ledger · 2025-03-31
PhaseDistribution · caution
Quantitative stateConsolidating, no directional conviction, held for 10 days
Price$2.69
Valuation3.64 trailing · N/A forward price to earnings
Values screenFAIL · score 70.0
Beta-2.59

The business, in plain words · what the numbers mean

The fundamentals · plain-English read
Trailing P/E3.6x
very cheap relative to earnings
Revenue growth-13.1%
revenue is shrinking
Profit margin11.5%
thin but positive margins
Return on equity8.8%
a modest return on shareholder capital
Current ratio5.07
comfortably covers its short-term bills
Beta-2.59
barely tracks the market's swings
Market cap$16M
Employees6

The risks · The things to watch: it's a small-cap, so the share price can swing harder than the market; its business and earnings are exposed to Hong Kong and to currency swings.

Plain-English interpretation of our own screen data. Analysis, not advice.

Related securities · others in RAY's space worth a look

Screened names in the same industry · explore each on its own page.

The trader read · the latest dated commentary

The framework has shifted from accumulation to distribution since the last review. Smart money appears to be selling into strength. Institutional holders may be rotating out. Price has moved down 8.8% since our last review. Ethical screening: FAIL. This security does not pass our values-based screening criteria. The risk-adjusted return profile shows negative risk-adjusted returns. Our composite framework grades it D. Technically it is sitting below its long-term trend line with momentum reading oversold. Over the past year the shares are down 83%. Our forward projection puts the odds of a 10% gain over the next month near 23%. Entered 2026-08-11 · Distribution

The dated journal · newest first, never edited

2026-08-11 Distribution · changed $2.69 -8.8% Entry 4

The framework has shifted from accumulation to distribution since the last review. Smart money appears to be selling into strength. Institutional holders may be rotating out. Price has moved down 8.8% since our last review. Ethical screening: FAIL. This security does not pass our values-based screening criteria. The risk-adjusted return profile shows negative risk-adjusted returns. Our composite framework grades it D. Technically it is sitting below its long-term trend line with momentum reading oversold. Over the past year the shares are down 83%. Our forward projection puts the odds of a 10% gain over the next month near 23%.

2026-07-18 Accumulation $2.95 +0.0% Entry 3

The framework reads accumulation. Smart money appears to be quietly building positions. This typically precedes a markup phase. Price has moved down 0.0% since our last review. Ethical screening: PASS with passing ethical screen. The risk-adjusted return profile shows negative risk-adjusted returns. Our composite framework grades it D. Technically it is sitting below its long-term trend line with momentum reading oversold. Over the past year the shares are down 83%. Our forward projection puts the odds of a 10% gain over the next month near 23%.

2026-07-03 Accumulation $2.95 +0.0% Entry 2

The framework reads accumulation. Smart money appears to be quietly building positions. This typically precedes a markup phase. Price has moved down 0.0% since our last review. Ethical screening: PASS with passing ethical screen (70). The risk-adjusted return profile shows negative risk-adjusted returns.

2026-07-02 Accumulation $2.95 Entry 1

The framework reads accumulation. Smart money appears to be quietly building positions. This typically precedes a markup phase. Ethical screening: PASS with passing ethical screen (70). The risk-adjusted return profile shows negative risk-adjusted returns.

Each entry above was written on its date, before the outcome. A journal you can prune is not a journal.

The political ledger · congressional disclosures

Disclosures naming RAY
DatePoliticianPartyTypeAmount
2026-04-13 Ro Khanna Democrat Purchase 1K–15K
2024-10-15 Lisa McClain buy 30000
2024-09-05 Dan Crenshaw buy 40000
2024-04-10 April McClain Delaney buy 15000
2023-06-10 Austin Scott buy 15000

What holding actually paid · price plus dividends

If $1,000 had been placed · historical, not a promise
PeriodPrice thenPrice returnDivs per share$1,000 becameTotal return
1 month $3.63 -10.2% · $898 -10.2%
2 months $3.64 -10.4% · $896 -10.4%
3 months $4.12 -20.9% · $791 -20.9%
6 months $1.71 +90.3% · $1,903 +90.3%
1 year $19.68 -83.4% · $166 -83.4%
2 years $60.45 -94.6% · $54 -94.6%

Historical returns from market close data. Past performance does not guarantee future results.

This entry now belongs to the ledger. Whatever RAY does next, these words stay.

Raytech Holding Ltd · RAY · Distribution · $2.69
Recorded 2025-03-31 · before the outcome · scored mechanically

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