Posted by redhotpepper > 2023-03-16 16:09 | Report Abuse

BwK run first. Now left with angry investor.

Posted by joyvest > 2023-03-16 16:28 | Report Abuse

EN has replenished all his positions and washed his hand. Now then the company is headed by Mafia group and the company stands to be ripped apart faster before you and me could imagine. Share price is expected to plunge of no return

Posted by nicholas99 > 2023-03-16 16:30 | Report Abuse

no need so scare also. got shark like joyvest will come goreng goreng a bit.

Posted by redhotpepper > 2023-03-16 16:30 | Report Abuse

Hmmm....oh my. I pray for the retail investor.

Posted by jack2 > 2023-03-16 19:45 | Report Abuse

hahah karma,
the trio that screwed the company is real bad karma

Posted by fishyjm > 2023-03-16 22:09 | Report Abuse

https://fintechnews.my/34463/payments-remittance-malaysia/revenue-groups-woes-mount-as-danny-leong-resigns-as-group-ceo/

Posted by Phoebe > 2023-03-16 22:24 | Report Abuse

WHAT???? CEO resign? Even an experienced skipper also jumps ship. Something is really really not right. I think it is not only a mechanical problem or there was leak. It is more like the skipper went into the ship and found it is carrying a nucler bomb and it is activated. All the best..........

Posted by joyvest > 2023-03-16 23:03 | Report Abuse

Danny is believed to be fed up with the mess and havoc created by the trio and has resigned as the Group CEO.

Another reason could be due to the fact that Francis Leong is made as an ED.How could there be two masters in the house?

The final nail to the coffin is the recent appointment of directors
from the mafia group to replace the incumbent BOD.

Basically,the company is destined to be doomed and is of no value now....

Posted by joyvest > 2023-03-17 07:32 | Report Abuse

Share price is expected to be depressed further following
the resignation of Danny

EN must have known that Danny was to resign .No wonder EN sold off all his shares before Danny announced to tender his resignation.

It corresponds with the insider information that EN always sold his shares before the negative news was made known to the public. It is proven that he did it time again and again.

Posted by stncws > 2023-03-17 10:08 | Report Abuse

this compnay has been damaged many time, it take time to recover

Posted by Besafe > 2023-03-17 10:35 | Report Abuse

If any of this 3 Ngs going to start any new company just beware!. These 3 fellas will used back the same way to con and cheat the investors.

Posted by ChunWong93 > 2023-03-17 11:55 | Report Abuse

May be they will start a company named "it'snew"

Posted by tommypandaz > 2023-03-17 15:20 | Report Abuse

mafia power too strong behind the scene..

Posted by flyhub888 > 2023-03-17 21:36 | Report Abuse

up, then down. better sell now

Posted by redhotpepper > 2023-03-17 22:09 | Report Abuse

It's been deduced to no more than a play stock or goreng stock only. Everyone is welcome to goreng2.

Posted by joyvest > 2023-03-18 10:47 | Report Abuse

Sudden surge is illusionary only. The company is rudderless without clear direction now. It is drifting in the wild ocean as if it was heading towards the remote Indian ocean where it would be sunk to rest at the seabed of the deep ocean forever like the Titanic.

Posted by redhotpepper > 2023-03-19 23:25 | Report Abuse

All the award received can put down to rest. Market too saturated with payment gateway co. Don't see any clear direction or where it's heading in the near future.

Posted by haziqaz > 2023-03-20 07:34 | Report Abuse

Fail sulit Ketua Mafia Korporat didedah, Azam Baki KP SPRM perlu tangkap Victor Chin, Chong Loong Men & Datuk Eddie
https://thecorporatesecret.com/blog/2023/03/17/fail-sulit-ketua-mafia-korporat-didedah-azam-baki-kp-sprm-perlu-tangkap-victor-chin-chong-loong-men-datuk-eddie/

Posted by skyinvestor > 2023-03-20 09:33 | Report Abuse

so far i see only this youtuber cover this stock https://youtu.be/ciIZgGhgvR8 .. anyone can recommend any other youtuber that cover this counter?

Posted by joyvest > 2023-03-20 10:17 | Report Abuse

As pointed out, the youtuber was touching on only the qualitative factors but failed to consider the qualitative factors such as the instability of the mgt team, the direction of the company under the" hostile mgt " and many other circumstantial issues within and surrounding the Organization. On this basis, the advice is incomplete and inappropriate.

Posted by skyinvestor > 2023-03-20 10:45 | Report Abuse

to be objective, she did mention that any company that has internal struggle is not on a good ground, but pass for a swing trade

Posted by ChunWong93 > 2023-03-20 10:49 | Report Abuse

appointment of new management teams makes Revenue staying hard at 37 cents?

Posted by redhotpepper > 2023-03-20 10:58 | Report Abuse

If I am an employee, with all these on-going, I might as well leave. Now, from an investor point, what, would an investor do with all these?? Tuhan berkati anda!

Posted by delldealer > 2023-03-20 14:17 | Report Abuse

so who is the real winner here? the big property tycoon behind the scene ?

Posted by Besafe > 2023-03-20 15:22 | Report Abuse

Biggest winners are the 3 Ngs conmen. Now one Ng already wash his hands in lightning speed. Left the other two more Ngs.

Posted by redhotpepper > 2023-03-20 15:42 | Report Abuse

Try to find back all the seminar and webinar done by the BwK, bukan main energetic blowing the water.....now? Run as fast as you can.

Posted by GS > 2023-03-20 21:39 | Report Abuse

The First Time Ever I Saw in Bursa Announcement for the reason of the resignation!!

Change in Boardroom
Date of change 20 Mar 2023
Name MR NG SHIH FANG, NG SHIH CHIOW
Designation Executive Director
Type of change Resignation
Reason: *Due to he does not want to be in the same Board of Directors with the current directors*

Posted by joyvest > 2023-03-20 22:28 | Report Abuse

The duo should fight from within the BOD.Now then they have resigned as Directors,its not easy to fight from outside . However ,since they are still substantial shareholders ,they can still gather substantive forces from other shareholders to remove the entire directors through EGM.

The share price is expected to be depressed further following the departure of all the three co- founders as executive directors.
Who knows the duo are capitalising on their resignation by collecting cheap sales now?

Posted by stncws > 2023-03-20 22:30 | Report Abuse

tomoroow next round downtrending to 30c

Posted by redhotpepper > 2023-03-20 22:33 | Report Abuse

https://www.theedgemarkets.com/node/659975

Well, good luck. Sampah sarap it is now

Posted by gohkimhock > 2023-03-20 22:40 | Report Abuse

losses and scandals, how is it going to return to previous high..? Credit Suisse Bank dies because of these reasons too..

Posted by neonstrife > 2023-03-20 22:50 | Report Abuse

At start want takeover revenue, now want quit. Funny duo

Posted by amb888 > 2023-03-21 00:18 | Report Abuse

never trust a salesman words

Posted by amb888 > 2023-03-21 00:24 | Report Abuse

when u see the co-founders on street, throw rotten eggs on them

Posted by joyvest > 2023-03-21 08:13 | Report Abuse

The reason for resignation as directors given by the duo is insinuating that the current BOD is not fit and proper to run the company,which has sent a clear signal to the market.

Such is seen as a barhinger of the plummeting of share price to come...

Posted by Besafe > 2023-03-21 09:24 | Report Abuse

All this founders, set up a company just to con. 3 of this NGs one day karma sure strike on them.

Posted by redhotpepper > 2023-03-21 09:53 | Report Abuse

I think the mah fi ya group will depress the share price till the duo will become pauper. But I guess the duo will just hug the share with them till dawn of day.

Anyway, we're all conned by people with same surname, that is N g.......

Posted by GS > 2023-03-21 10:01 | Report Abuse

normal practice for saboteur is to let that 17.7% shareholding to below 10% by a series of corporate exercise, then again, right issue, private placement........macam macam to let it below 5%

Posted by ChunWong93 > 2023-03-21 10:02 | Report Abuse

All these brothers had their mission accomplished...money get and cabut

Posted by Besafe > 2023-03-21 10:09 | Report Abuse

Many counters like this in klci and no proper regulations. As such, all these kind of conmen will find ways to scam investors. Later, these same persons will be busy with their own new companies and the same cycle will happen again!

Posted by Phoebe > 2023-03-21 10:28 | Report Abuse

Life is really funny. Everyone was fighting for a piece of it at one point. Then, all of a sudden, no one wants it. The ship is now without a captain or an assistant. Who is in charge? It is waiting for a pirate to hijack it and take it to the land of doom.

Posted by joyvest > 2023-03-21 10:44 | Report Abuse

The way it goes, it would probably plunge below 10cent. The cheapest has yet to come, Your persistent averaging is greater than your loss.

Posted by Phoebe > 2023-03-21 10:52 | Report Abuse

I don't hold any revenue. Lucky for me. My friend bought at 1.60 and did some averaging above Rm1. After that he stop talking about it and I stop asking too. If plunge to 10c. I think his loss could be substantial.

Posted by joyvest > 2023-03-21 10:56 | Report Abuse

It is clear that the current BOD is not acting in the best interest of the shareholders but would let the company rot and exhaust the resources of the Company till it is heavily indebted. Basically ,the company is destined to be doomed.

The Duo are still holding about 90 Million shares worth about RM 31.2 Million ( assumed to be valued at 0.355 as at to date ). The shareholding of the Duo would probably be worth less if the share price continues to plummet. The duo are mulling hard if they want to keep their shareholdings and fight back or dump their entire shareholding open market. The duo might do so in order to depress the shares to the maximum to teach the incumbent a hard lesson.

Posted by nicholas99 > 2023-03-21 11:01 | Report Abuse

pang72 got buy?

Posted by joyvest > 2023-03-21 11:02 | Report Abuse

I have a feeling that the duo would dump their entire shareholdings OPEN Market instead of off market . I Know it is expensive to sell open market but the duo are not concerned with the money anymore. Their agenda is to plummet the share price to the maximum to make the incumbent 's shareholdings worth only penny at the mercy of the Duo.

Posted by redhotpepper > 2023-03-21 11:09 | Report Abuse

@Pang72, sohigh, perhaps you are holding a lot of the share at 36 sen range. Good luck

Posted by joyvest > 2023-03-21 11:10 | Report Abuse

The moment the duo have resigned as Executive Director and Director respectively , they might have probably thought of disposing the entire shareholdings in time to come as the duo are no longer Directors who are required to be accountable to the shareholders. They are not accountable to the shareholders as they are no longer in the capacity as directors . Their capacity is of shareholders who are at liberty to sell shares at their disposal.

Posted by joyvest > 2023-03-21 11:20 | Report Abuse

It is unfortunate of the Duo to be incriminated for the disposal of Motor vehicle (MV ) without Board resolution. As said, if there was no board resolution for the purchase of the MV in the 1st place , then it was not a company car . The money paid for by the company could be taken as a loan to Director. The Director can register the car under his name and dispose of it without board resolution ( MV is not a company car) . No big deal. The legal case brought against them is to prevent them from returning to office and the case will take some time. Eventually, the duo would be removed from the BOD until they have cleared their names.

To pre-empt from such occurrence, the Duo have initiated their resignation ,which i think they have done the right move .

Posted by joyvest > 2023-03-21 11:22 | Report Abuse

Your ignorance and persistent averaging is greater than your loss...