Do you notice that institutional fund managers are collecting Ghlsys and Revenue? It's indicated by their large buying quotes.

Ghlsys results were equally good. It's because of the growth in the industry.

Looking at all the quarterly results released so far, all are so weak. Revenue is one of the strongest at the moment.

But Revenue is a better performing company..

Ghlsys also up today with high volume.

They want a good weighted average price before ex warrants date as that will also be good for the company.

YapJH..... usually entitlement date is announced the day after EGM.

Another push before free warrants entitlement date next week.

Institutional funds will buy on price weaknesses. They are long term players.

Samtuckfatt. 38.52÷32.55 X 100% = 19% .So, operationally, quarter on quarter profits increased by about 19% .

The no. of shares increased due to the IPO.. Even so, the earnings per share for the quarter is 0.86 sen which is exactly the same as for Ghlsys.

Sure win . Next quarter results even better with Singles Day record sales and implementation of Public Bank/ Hong Leong Bank EDC machines....

A very healthy correction after weeks of constant uptrend. Soon uptrend will resume to new record highs especially after the AGM/EGM.

Monday rebound.

Once profit taking finish, big rebound.

And Ghlsys has no liquidity. Revenue is a better company for the long term.

the profit taking is very normal.

That's why recently institutional funds had been collecting Revenue.

Revenue's IPO has been mispriced too cheaply.

In the longer term Revenue share price should be higher than Ghlsys.

Earnings per share for the quarter is 0.86. Ghlsys' earnings per share for the quarter also 0.86. But Ghlsys share price is much higher. If adjusted for listing expenses, Revenue's earnings per share is even higher than than Ghlsys'.

Next quarter will be another record high sales and profit bcos of Alibaba Singles Day world record high sales on 11/11.........

Tomorrow share price up again.

So PE ratio should be down by 44%......

Pre tax profit without listing expenses is RM 3.9 million. Preceding quarter PBT is RM 2.7 millions. So, up 44%....... fantastic.

This is a growth company.

Without listing expenses, pretax profit is RM 3.9 millions for the quarter. Meaning minimum t RM 12 million a year....can transfer to main board soon.

buy on correction.

To some people, anything that goes up a lot must be a scam. It's not always so. Be open minded.

If coming quarter results show profits up 20% then the PE drops 20% . So it's still worth it.

If drop, it's an opportunity.

At IPO price of 0.37, it's market cap was only RM 62 million on flotation. That's a very cheap entry licence into the e-payments industry. No wonder the price went up everyday.

This company has been mispriced.

Based on issued share capital of 167,136,000 shares x 1.49, the market cap is only RM 249 million ! A lot more room to grow.

What's the market cap of this company?

Also Ghlsys shares have no liquidity.

Revenue's financial performance is far superior to Ghlsys.....in terms of revenue growth. profit margin,return on capital employed, cash flow generation rate, etc. Better growth potential than Ghlsys.

Small caps unit trust funds are buying.

Institutional funds.

Ghlsys PE is 56.

They are going to expand into the Myanmar market.

It's very under-valued as compared to Ghlsys.

The bonus warrants will be more valuable now.

Ghlsys PE ratio is more than 50 times.This company's PE is around 32 .

wow.... I understand that they are also doing the same for Hong Leong Bank.

I just saw their annual report. Looks like some insurance companies and unit trust funds had started to become its shareholders.

Vincent_8316, Yes. Revenue is the first to introduce Smart Point of sales payment terminals for Hong Leong Bank and also Public Bank. They are the first in the payments industry to do so.

VvinctLGC You need to read the details of the announcement. It's there. Most people don't read details.

The bonus warrants are worth rm0.6206 each based on the Black-Scholes valuation model as stated in the announcement.

This company is the best in the e-payments industry. Highest profit margin,highest revenue growth rate in the industry.