Can you share Hong Leong's buy call?

cytew knows more accurately.

Should be October 2019.

To solve the liquidity problem is very easy....they can also do a share split later.

cytew knows.He said it will be after the 2019 AGM.

One way to give some liquidity is to give a bonus issue later , perhaps in conjunction with transfer to mainboard.

Very low volume with stable price is a healthy sign....means it's consolidating well.

RainT, you cannot ask such questions.

Thanks, cytew.

cytew, what do you think of the coming quarterly results?

For long term investors, the current Trump's tariff war gives good opportunities to collect for the long term.

RHB says it's going to be transferred to main board next year......will attract more institutional funds.

Anyway, I think RHB must also have discussed with Revenue's management before including them in their small cap jewels list.

We hope you are right, cytew.

Since RHB has done their research, it must be good..... I don't think they are simply recommending without any basis.

This company is in a good growth industry meant for long term investing, not short term punting.

YspJH 's analysis is always impartial and balanced.

Corporate finance means, before listing, new shares are issued to existing shareholders so as to beef up the capital structure in compliance with Bursa requirements. They need to finance this, usually through their investment bankers.
After listing, the will sell some shares to repay the loan. It's got nothing to do with the company's performance.

cmchan11 My advice is don't wait for big volume to come because it will be too late. Buy when volume is low and price is not too hot.

It also doesn't mean that directors buying their company shares necessarily mean that the company is good.... sometimes they just want to impress investors.

It's their corporate finance plan. This is common. It's not a situation of continuous disposal due to poor prospects. You need to be able to differentiate that. Also it's not massive disposals.

In the short term it should break above 1.40. Long term should be much higher than that.

This stock is good for long term investment only. Not for short term players.

Institutional funds only go for mother shares, not warrants because they want to hold for the long term.

Institutional funds collecting on down days.

I think some fund managers have just started to add Revenue into their portfolio.... that's why they are collecting steadily, especially on price corrections.

The future of any corporation mainly lies in the vision and capabilities of the management to execute a great business model..... example, Amazon started merely as a online book seller.... today it's a world's giant.

An excellent analysis by YapJH....thank you !

Too bad for those who missed this counter....can only gripe.

It's definitely institutional funds buying....

The payments industry is fast growing but untapped in Malaysia and there are only 2 listed and available for public investors.... Ghlsys and Revenue.

That's why institutional funds are collecting the mother shares.... institutional investors prefer mother shares for long term investment.

It's still cheaper than Ghlsys by all measures.

Public Bank and Hong Leong Bank are replacing all their old terminals to the new all-in-one touch screen terminals....it will take some time to replace all the terminals.

If it moves up, you will have no time to buy it. The only way is to collect on quiet days.

Institutional funds collecting the mother shares on profit taking days.

The price will eventually go up again....so just collect and wait patiently.

This is a growing company with business expansion plans in the cashless revolution. Give it 3 to 5 years and you will see a totally different animal.

The money lending license is also to enable it to go into fintech..... financial services.

They are laying the foundation for future growth and conserving their cashflow for operational requirements.

No research house covers this company, that's why we need to do our own research.

Thanks to YapJH for an excellent analysis....

With the money lending licence, they can boost the e-commerce business.....

Just announced acquisition of Buymall , an online platform for e-commerce at estimated PE ratio of 16 and acquisition of Anypay, an digital payments player for mobile applications at estimated PE ratio of 11 using new Revenue shares at PE ratio of 32. Will boost future earnings per share and business expansions in e-commerce and e-payments.

They are now installing new QR Code-enabled EDC machines for Public Bank and Hong Leong Bank throughout the country.

Keep as long term investment.

....and also there's no cash outflow from Revenue.

Revenue announced acquisition of 25% of Safe Net for RM 7 million. Safe Net made PAT of RM 2 million in past 6 -month period, which extrapolated to RM 4 million a year. 25% share of RM 4 million is RM 1 million. So the PE ratio of the purchase is RM 7million / RM 1 million = 7 times annual earnings. This is settled by issuance of Revenue shares which now has a PE ratio of about 32 times. so this acquisition will boost Revenue's earnings per share significantly in the future. It's an extremely good acquisition.

Notice today's volume mainly on mother shares..... institutional funds only go for mother shares because they want to keep for long term.

Instituitional funds prefer mother share because they go for the long term.