Posted by jack2 > 2023-01-05 18:46 | Report Abuse

Tmrw watch the slump at least 10%

Posted by jack2 > 2023-01-05 18:47 | Report Abuse

With this kind of selling, easily black candles next 2 to 3 days

Posted by sieninvest > 2023-01-05 18:50 | Report Abuse

lol same @8dragon.. the business might falter a bit due to economic downturn, but governance wise they already sound damn problematic...

what kind of company will have their two co-founders (COO and CTO) come with 4 unidentified men and take 30 boxes of documents???

Posted by redhotpepper > 2023-01-05 19:06 | Report Abuse

Or all these are sandiwara to push price low so can entry and profit again, nice move if theory is right

Posted by Kayvera > 2023-01-05 19:21 | Report Abuse

@redhotpepper, Yes I think, push price low so those lucky will make a good profit and there r warrants to be issued too!

Posted by LittleKnife > 2023-01-05 20:36 | Report Abuse

Is this the company who's boss came in a sports car during IPO ?

Posted by RWG > 2023-01-05 21:09 | Report Abuse

wait for 10sen

Posted by Kayvera > 2023-01-05 21:11 | Report Abuse

Looks like price will shoot up tomorrow:-

KUALA LUMPUR: E-payment solutions provider, Revenue Group Bhd has appointed Danny Leong Kah Chern as group chief executive officer (CEO) effective Jan 6.

Leong, 51, has more than 28 years of experience where he led and steered the growth of companies across Asean from various industries.

Prior to joining Revenue, Leong built a successful career, having served as the group CEO for GHL Systems Bhd and Cuscapi Bhd as well as the co-founder of Adeptis Solutions Sdn Bhd.

Managing director Datuk Eddie Ng Chee Siong said: “Revenue has up to now been entrepreneur-led. However, as a main-market company with great prospects and still a long growth journey ahead, it is high time that we pass the baton to the professionals to elevate the group to the next level.”

“Given Leong’s track record, execution skills as well as expertise, particularly in payments and technology-related sectors, he is just the right person to lead the management team in driving Revenue forward.”

Posted by redhotpepper > 2023-01-05 21:19 | Report Abuse

Hopefully not another BWK, and please pay shareholders dividends due to them, whether enterprenuer-led or not. Made so much, much give also. Made but no give, better make it as sdn Bhd.

Posted by Besafe > 2023-01-05 21:46 | Report Abuse

Pariah eddie ng said taking care of the minority shareholders. What a joke. If take care, this thing won't happened la bwk. Because of your shit management, this counter becomes penniless. Talk also no use brain. Haha

Posted by gohkimhock > 2023-01-05 22:10 | Report Abuse

we don't know what damage have been done to this company. If too complicated, stay away. This is one of my rules in investing. Always protect your capital..

Posted by beinvested > 2023-01-05 22:31 | Report Abuse

QR 30SEPT2022 - Sale/Income RM21MiL, Lost RM3.2MiL, Cash RM73Mil & Total Assets RM260MiL. POST system is very saleable product to the merchants/retailers, in Malaysia & in the SEA countries. Manage it better, should be valuable the shares of the company.

Posted by Kayvera > 2023-01-05 22:33 | Report Abuse

Well said, @beinvested

Posted by joyvest > 2023-01-05 22:54 | Report Abuse

From 2.00 to 0.48 now...what's going on ?
Well managed or taken the investors for a ride?

Posted by calvintaneng > 2023-01-05 23:31 | Report Abuse

Pang72

Why you always go to problem stock ?

Last time Pang72 was chasing Gpacket at Rm1.60

Calvin warned you that Gpacket is sitting on Rm7 Billions goodwill time bomb

Now Gpacket has crashed by more than 95% from Rm1.60 to only 6.5 sen

This Revenue got insiders /directirs selling and dumping like no tomorrow

Wait and see some undisclosed problems later

This year will be very uncertain as Fed raising rates to Fight inflation and stocks can suddenly crash like

Jaden - twice limit down
Chhb - limit down
Dnex - sudden drop
Hengyuan - sudden drop

Revenue - almost limit down

Many more dangers ahead

Better keep cash unless you are very very sure

Posted by beinvested > 2023-01-05 23:32 | Report Abuse

Yes. Should have managed the company properly so that the depreciation of shares have not been so much.

The cash in the bank amounting to RM73MiL is an attraction and there are many companies do not have even RM7MiL in their bank accounts.

The principle of "the benefit of the doubt" is still applicable in this modernized world.

The Lord said in the Bible, with such meaning, "i can not look at your face" and "I don't want to hear your prayers" are basically without contradiction.

The "murderer" as described is not that he/she had fired the gun shot into another person's head BUT rather simply had bad mouthing, causing someone has lost his employment. As a result, his children have to stop schooling, wife/wives walked away...sufferings.

SO, the punishment for the guilt is not based on the bad mouthing alone, rather based on the consequences entailed from the termination of his job and the sufferings by the family members.

Posted by Jenova > 2023-01-05 23:38 | Report Abuse

if it didn't drop now. How can we onboard with a low price? if have cash, its a good accumulate phase

Posted by calvintaneng > 2023-01-06 00:18 |

Post removed.Why?

Posted by Sneakpeek > 2023-01-06 01:28 | Report Abuse

In that case industry leader GHL is a better choice la

Posted by 8dragon > 2023-01-06 07:50 | Report Abuse

The're many dangerous counters in bursa yet to explode...better invest less in klse and keep more cash..high time to invest in property for good return

Posted by jack2 > 2023-01-06 07:52 | Report Abuse

check out the NET CASH in dec 2021 and latest quarterly report, you will see the difference
Last 6 months profit slump

Posted by flyhub888 > 2023-01-06 08:24 | Report Abuse

people will nvr learned their lesson from serbak ..

Posted by FLINV > 2023-01-06 08:25 | Report Abuse

last straw that push me to oversea stocks.

Posted by Phoebe > 2023-01-06 08:30 | Report Abuse

Fundamental of the business have change. They use to be on top of the game but the space has become more competitive. Nowsday many use QR code and ewallet. It reduce the needs for their machine and margin has reduced. I see different scanning gadget uses by F&B and it is getting popular than revenue machine. With all the drama above and change of business fundamental, i will give this a skip. Too risky for my appetite. Good luck to all who plan to buy. @^_^@ meowww....

Posted by Phoebe > 2023-01-06 08:36 | Report Abuse

Jack2, the cash from dec'21 if not mistaken is from IPO or fund raise for the use of oversea expansion. When covid hits, they are not able to expand and they are require to utilise the money by certain time or else need to return to investor (do correct me if I'm wrg). Hence they use the money to stock up more of the revenue machine for local expansion. The question is how much more growth. There are far too many player now in this really crowded space.

Posted by mf > 2023-01-06 08:39 | Report Abuse

Dow Jones

Dow Jones Industrial Average

32,930.08

-339.69

1.02%

Nasdaq

NASDAQ Composite

10,305.24

-153.52

1.46%

Posted by rohank71 > 2023-01-06 08:46 | Report Abuse

wait for 25 sen

Posted by redhotpepper > 2023-01-06 08:46 | Report Abuse

Revenue, all the while being handled like entrepreneurship-like shop, profits earned also not give back dividend. Market technology are moving fast and yet here talk about selling and deploying reader machine. Should have learnt this during the MCO isn't it. Now want to put new person who has experience to lead, macam too late becoz many have taken the advantage and deploy latest tech.

Just go to their website and have a look at their director face, how they look like ? Ada mirip itu long ka ? Looks fierce except the BWK.....

Wishes them all the luck they need, and if they intent on keeping the profits and no give dividend, good bye then. Like @Phoebe says, The business fundamental have changed, they don't keep up fast enough, then tuhan kasi bless.

Posted by redhotpepper > 2023-01-06 08:52 | Report Abuse

Thank you to @CalvinTeng for posting his write up and finding here. I had to agree. Put your $ _ $ in Banks FD is better off and safe as well. During these trying times, no one want to invest in such counter.

Posted by beinvested > 2023-01-06 08:57 | Report Abuse

P/E is 36.28 , EPS 1.34 sen and the share 48.5 sen.

RM485 at 2% p.a. FD rate, the P/E is 24.25

Share value can appreciate/depreciate but the FD amount does not grow for a year.

Posted by beinvested > 2023-01-06 09:06 | Report Abuse

The QR code payment is one final step to complete the purchases at the POST counter. The purchasers still need the scanning for those item at the check out counters. SO, the business still can provide those hardware and accounting software to the sellers/merchants.

Posted by redhotpepper > 2023-01-06 09:08 | Report Abuse

However, for now, it is the attention of the punter and profit taker. Go for it if you have spare $_$

Posted by beinvested > 2023-01-06 09:10 | Report Abuse

Yes. People/investors can make profits from the chaotic atmosphere/drastic movement of prices.

Posted by icecool > 2023-01-06 09:13 | Report Abuse

rebound ?

Posted by Hotstuff > 2023-01-06 09:14 | Report Abuse

fundamental intact. don listen to naysayer. always buy low sell high

Posted by beinvested > 2023-01-06 09:15 | Report Abuse

What the corrective measure that the company has taken was even the quick announcement of a new executive (Mr Leong) to mitigate the issue of continuity of the business/management.

Posted by redhotpepper > 2023-01-06 09:23 | Report Abuse

And the profit taking session begins

Posted by kyliew > 2023-01-06 09:25 | Report Abuse

Run

Posted by Besafe > 2023-01-06 09:36 | Report Abuse

Fake push again from pariah eddie ng gang.

Posted by beinvested > 2023-01-06 10:07 | Report Abuse

Interested parties are buying up that are at RM0.53 and below.

At such a bargained price for the company shares, someone might as well emerge as a new major shares holder. Never knew.

What a person with a vision to grow the business will have a different opinion and IT products are not like those perishable goods that need a large store/warehouse.

Posted by fortunefire > 2023-01-06 10:49 | Report Abuse

the guru who promotes revenue and friend friend with eddie now keep quiet already

Posted by Hotstuff > 2023-01-06 11:31 | Report Abuse

sor chai students all cut lost. shark pick up and laugh all the way. guru and sharks celebrating at night club later.

Posted by beinvested > 2023-01-06 11:41 | Report Abuse

Pang72, no surprised that you may have purchased at 48 sen and sold 53 sen before that 11 am just now. Did you?

A gradual recovery now for the price may be better than being dumped further.

Posted by beinvested > 2023-01-06 11:43 | Report Abuse

Pang72 the regular guy that cheers many up when...thanks.

Posted by limitup4u > 2023-01-06 12:15 | Report Abuse

Let’s see this new ceo can turn things around or not. But with the downside limited, worth to buy a bit

Posted by jack2 > 2023-01-06 12:26 | Report Abuse

the price will not go anywhere except down if the underlying problems not resolved
no big funds will buy (chances of selling is higher) except the fighthing cocks and sui yee

Posted by joyvest > 2023-01-06 12:43 | Report Abuse

Yesterday volume was excessive due to sale of 10 Millions shares by Dino Ng ( Ex ED )....depressing the share price....

Posted by joyvest > 2023-01-06 12:44 | Report Abuse

Dino still has 40M+++ shares in hand after disposal yesterday

Posted by jack2 > 2023-01-06 12:47 | Report Abuse

he sold 10M warrants, not shares

Posted by Hotstuff > 2023-01-06 13:28 | Report Abuse

forget about this brainless.. he can't differentiate redesignation and designation, warrant and mother share