Next target should be 1.70 which is close to Hong Leong Investment Bank's valuation.

cytew knows quite accurately..... follow him..... and it's true the warrants are grossly undervalued.

Actually Revenue had already rested since March , that's why now it's rising. Already rested for 4 months.

The warrants are priced at only 10% premium and has remaining life of 4.5 years and gearing effect of 3 times. That's still under priced.

Hong Leong Research's target is 1.67. Affin Hwang's target is 1.90. So, it will take some time.....

Up to now, cytew and been accurate.

Although it's still rumours, you can trust cytew.

Definitely funds buying because its has long term potential.

It's likely that institutional funds are buying again...... they know that this company's future potential is very bright.

Tcs76 is right....Revenue will trade sideways at 1.4+ before going up to 1.50+ later.

.......son is undervalued.....CFO knows.

Warrant price had appreciated very little as compared to mother share.

The warrants now has value....trading at premium of 22% with gearing of 3.1 times with remaining lifespan of 4.5 years.

.... but they need to acquire gradually so as to reduce their acquisition costs.

..... probably they will buy up to 10% of the company..... that's the usual case...... major shareholder sells them 5 %, and they acquire another 5 % from the market.... that's normally the deal.

Kenanga Growth Fund today announced more acquisition of Revenue shares...... they're still accumulating....

... tomorrow 1.42.....

Yes, this is not goreng.....this is steady accumulation.

Yes....possibly the fund managers' plan is to switch from GHLSYS into Revenue as they now see more potential in Revenue.

Yes, they already met up with the management and discussed before investing big in the company.... they don't buy blindly.

When institutional funds invest in a company, it's a very good sign..... because it means they have done a lot of homework and they hold for the long term.

Cytew, that means the potential profit growth rate is 30% to 40% .

cytew knows the best.

Payment processor for e- com has better profit margins than for card processing.....

Warrants are now under-valued.

Instituitional buying......

Investment funds slowly accumulating.

Many people still don't realise that factory automation is now essential for all multinational manufacturers in the high tech, solar modules, and in fact all industries..... either you automate or you die.

Also the volume is increasing.

Undervalued compared to GHLsys

What's brewing?

I said it is quite likely, because based on my knowledge, that's normally how major shareholders would insist before they agree to any big off- market deals with fund managers.
And it will be proven to be true if the new substantial shareholder subsequently buys from the open market and announce accordingly. And this was really done.

Quite likely that was the deal reached with the major shareholders.... that the fund should also buy a portion of their needs from the open market.

Kenanga Growth Fund accumulating more Revenue shares from the open market.

New executive director appointed; acquired 4.2 million shares.

It's a long term growth stock, that's why it's accumulated by Kenanga Growth Fund for long term growth.

Entry of new substantial shareholder just announced on Friday..

So, cytew was accurate.

Ghlsys results just out. Ghlsys EPS is 0.86 sen. Revenue's EPS is 1.14 sen. Based on annualised EPS, Ghlsys PE ratio is 42 times based on share price of RM1.43.
Revenue's PE ratio is 27 times based on share price of RM 1.24.

Based on this, they should qualify easily.

Great analysis from YapJH. Appreciate very much.Thanks.

If instituitions are buying, its a good signal. It's not practical for institutions to buy directly from the open market because there's not enough liquidity.They need to do on off- market basis.

Thanks, cytew. It's good to know.

cytew. Thanks for enlightening. That was what I thought.....

A new substantial shareholder could have come in....probably institutional.

Keep for long term investment....one day some company may offer to buy up the company because of the industry's growth potential.

It's above Hong Leong Investment Bank forecast net profit of RM 9.3 million for the whole year. 9 months year todate net profit is RM 7.458 million which is already 80% of whole year forecast profit . Good results.

If the one-time listing expenses of warrants were excluded, the profits are even higher this quarter.

Now the annualised PE ratio is only 27 times !

TuhanSahsm. To improve liquidity they will plan a bonus/share split later.