REVENUE GROUP BERHAD

KLSE (MYR): REVENUE (0200)

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Last Price

0.19

Today's Change

+0.005 (2.70%)

Day's Change

0.185 - 0.195

Trading Volume

3,211,800


11 people like this.

10,052 comment(s). Last comment by redhotpepper 10 hours ago

stncws

10,260 posts

Posted by stncws > 2023-03-21 11:36 | Report Abuse

SPRM OFFICIAL SUDAH MAKAN NASI BANYAK.M

nelsonlim

696 posts

Posted by nelsonlim > 2023-03-21 12:39 | Report Abuse

Interestingly three of the key person left the company make it a potential shell company 335-390

nelsonlim

696 posts

Posted by nelsonlim > 2023-03-21 13:14 | Report Abuse

So retailers buy or sell?

joyvest

10,090 posts

Posted by joyvest > 2023-03-21 13:34 | Report Abuse

Retailers are prepared to be slaughtered as sacrifice of the lambs if they still remain naive and delusional.

The decline is forthcoming given all the negative signs in the interim.

The decline is on track.

nelsonlim

696 posts

Posted by nelsonlim > 2023-03-21 13:39 | Report Abuse

i see.

Besafe

1,178 posts

Posted by Besafe > 2023-03-21 13:54 | Report Abuse

In the end, investors like us are the one kena from all this conmen especially the 3 Ngs. For them, they may start new companies soon in the future.

Posted by redhotpepper > 2023-03-21 14:25 | Report Abuse

Remember their face and name, even if burned down into charcoal powder.

Besafe

1,178 posts

Posted by Besafe > 2023-03-21 15:10 | Report Abuse

@redhotpepper: karma to strike them one fine day. Now, it will only be going south! Soon 0.10

nelsonlim

696 posts

Posted by nelsonlim > 2023-03-21 15:22 | Report Abuse

10c gogogogo

nelsonlim

696 posts

Posted by nelsonlim > 2023-03-21 15:24 | Report Abuse

We refer to the article dated 16 March 2023 appearing in FinTech News portal entitled “Revenue Group’s Woes Mount as Danny Leong Resigns as Group CEO - Fintech News Malaysia” ("the News”).



The Company wishes to clarify that the present Group Chief Executive Officer (“Group CEO”), Mr Danny Leong has tendered his resignation where the Board has asked him to re-consider his decision and the Board understand he is indeed, re-considering it.



The Board has taken swift actions to search for suitable replacements and has since appointed new executive and independent directors. We believe the collective experience and knowledge of the latest Board members provide the Group with enhanced governance, leadership, and overall management quality.



Should there be any further developments on the above matter, the Board will release the necessary announcements in a timely manner to Bursa Malaysia Securities Berhad.



This announcement is dated 21 March 2023.

Posted by stockistlearner > 2023-03-21 15:27 | Report Abuse

These 3 founders will be cursed to dead. Typical conman

Posted by redhotpepper > 2023-03-21 15:37 | Report Abuse

Can feel that mass exodus of employees exiting the co.

Posted by redhotpepper > 2023-03-21 15:51 | Report Abuse

London falling fast.....

Posted by redhotpepper > 2023-03-21 15:55 | Report Abuse

20 sen not far away

Michael Kwok

6,066 posts

Posted by Michael Kwok > 2023-03-21 15:58 | Report Abuse

Sell call 33 cents
Tp below 25 cents
21/3/23 3.58pm

joyvest

10,090 posts

Posted by joyvest > 2023-03-21 16:01 | Report Abuse

As i have said, you just cant have two masters in one house. Danny was appointed as CEO while Francis was appointed as ED .Their executive roles/ functions are just overlapping and bound to be in serious conflicts. I am sure Danny can sense the difficulties in discharge of his duties effectively and has called it a day.

joyvest

10,090 posts

Posted by joyvest > 2023-03-21 16:21 | Report Abuse

The duo are collectively holding about 90 Million shares +++ . They are prepared to dump their shareholding any time from now in a continuous mode fast and furious creating massive cascade of falls to a limit down to reach a penny share in a single day. Nothing is impossible or impossible to imagine?

Posted by redhotpepper > 2023-03-21 16:24 | Report Abuse

The 3 Ngs will be remembered forever over this fiasco.

nelsonlim

696 posts

Posted by nelsonlim > 2023-03-21 16:38 | Report Abuse

today 34M shares transacted

amateurJR

2,366 posts

Posted by amateurJR > 2023-03-21 16:58 | Report Abuse

Eddie go diving liao. RIP to those who kena trapped. Haha

joyvest

10,090 posts

Posted by joyvest > 2023-03-21 16:59 | Report Abuse

34 million shares have changed hand in " sale mode" , not buy mode. What does it tell you ? Majority have lost confidence in this company and dumping fast and furious. More dumping is expected to come .....

joyvest

10,090 posts

Posted by joyvest > 2023-03-21 17:01 | Report Abuse

The Forward PE is negative. It is expected that the company will continue to make loss in the upcoming QR. The company is destined to be doomed and so is its share price....

nelsonlim

696 posts

Posted by nelsonlim > 2023-03-21 17:08 | Report Abuse

buyer queues semua ialah siapa~

Posted by redhotpepper > 2023-03-21 18:17 | Report Abuse

Siapa lagi

Posted by redhotpepper > 2023-03-21 20:42 | Report Abuse

Let's say you're a customer, will you select the best payment gateway company?

cytew

1,575 posts

Posted by cytew > 2023-03-21 20:50 | Report Abuse

think out of box

joyvest

10,090 posts

Posted by joyvest > 2023-03-21 21:15 | Report Abuse

Best product,Best price ,Best service,Best after-sale service,best codes of ethics, best PR,best accountability,best listener,best of the best.

joyvest

10,090 posts

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

On the other hand,if you are the investor, will you select the best company to invest in ?

Besafe

1,178 posts

Posted by Besafe > 2023-03-21 21:57 | Report Abuse

Best conmen company with the 3 Ngs. Hahaha

joyvest

10,090 posts

Posted by joyvest > 2023-03-22 00:02 | Report Abuse

Danny to reconsider his resignation. But Danny will set a condition that Francis,as ED is not allowed to meddle with him.

joyvest

10,090 posts

Posted by joyvest > 2023-03-22 08:50 | Report Abuse

Danny has just delayed his departure to May 2023. He is confirmed to depart . He has lost confidence in this company of no prospect.

Posted by redhotpepper > 2023-03-22 09:11 | Report Abuse

Lolzzzzz

Besafe

1,178 posts

Posted by Besafe > 2023-03-22 09:27 | Report Abuse

How good a company is also no use, when you have all the conmen who are lurking with bad intention to cheat from investors. Looking back at all those interviews, webinar and seminars from Eddie Ng, this guy is a real crook! And with the 2 bros, this 3 NGs have accomplished their mission of selling their shares at higher prices last time!

nicholas99

9,844 posts

Posted by nicholas99 > 2023-03-22 09:30 | Report Abuse

joyvest talked like he is buddy friend of the ceos or he is one of the director.

Posted by redhotpepper > 2023-03-22 09:36 | Report Abuse

Maybe he is leh

joyvest

10,090 posts

Posted by joyvest > 2023-03-22 09:43 | Report Abuse

It is wise of EN to dispose of all his shareholding otherwise he would have to face with huge margin calls following the depreciation of the share price everyday. If he fancies due to nostalgia, he can still buy back at the cheapest .... the cheapest has yet to come I am afraid.

nicholas99

9,844 posts

Posted by nicholas99 > 2023-03-22 09:44 | Report Abuse

what is done is done. what is not yet done will be done. but a company cannot run like a headless chicken.

joyvest

10,090 posts

Posted by joyvest > 2023-03-22 09:55 | Report Abuse

Exactly , the share price has been reflected in response to the directionless of the incumbent BOD. Basically ,the company is like a ship now without rudder and drifting in the ocean like a ghost ship .....

Phoebe

406 posts

Posted by Phoebe > 2023-03-22 11:14 | Report Abuse

Still holding strong above 30c.

TCH1186

907 posts

Posted by TCH1186 > 2023-03-22 11:15 | Report Abuse

problem company still got balls to enter. you all must be rich. afk.

Posted by Silent 88888 > 2023-03-22 11:26 | Report Abuse

what my concern is
the three founders sold all their shares
with such huge amount
whose the one catching all the shares in the open market
for what we know retailers don't have such huge holding power
must be a big hidden shark

Besafe

1,178 posts

Posted by Besafe > 2023-03-22 11:30 | Report Abuse

New low again. Lama lama it will be penniless.

joyvest

10,090 posts

Posted by joyvest > 2023-03-22 11:45 | Report Abuse

It is felt that the Duo are planning to make it a penny share very soon.

haziqaz

165 posts

Posted by haziqaz > 2023-03-22 11:46 | Report Abuse

Revenue Group lumpuh! Brian, Dino letak jawatan, sebelum ini eksekutif kanan, teknikal secara enbloc

https://thecorporatesecret.com/blog/2023/03/22/revenue-group-lumpuh-brian-dino-letak-jawatan-sebelum-ini-eksekutif-kanan-teknikal-secara-enbloc/

joyvest

10,090 posts

Posted by joyvest > 2023-03-22 11:55 | Report Abuse

Mafia Group is in control now whether you like it or not

nelsonlim

696 posts

Posted by nelsonlim > 2023-03-22 12:00 | Report Abuse

Run for ur life they said

ChunWong93

542 posts

Posted by ChunWong93 > 2023-03-22 12:12 | Report Abuse

Who will be a 'white knight' to take over the company...?

nicholas99

9,844 posts

Posted by nicholas99 > 2023-03-22 12:14 | Report Abuse

this type of company. maybe only left those tan choon hwa will want to try goreng. and do it like cfm.

joyvest

10,090 posts

Posted by joyvest > 2023-03-22 13:25 | Report Abuse

Classita Holdings Bhd executive chairman Ng Keok Chai has resigned from the boards of CSH Alliance Bhd, Hong Seng Consolidated Bhd, Ingenieur Gudang Bhd and Green Packet Bhd, effective Tuesday (March 21).

It is learnt that KC Ng is fed up with the mafia group.

Posted by EatCoconutCanWin > 2023-03-22 13:52 | Report Abuse

The CEO Eddie talk at tv8 said coming few years Revenue group will grow to overseas. Luckily things happen, else mempersiasuikan Malaysia lo. Really 2 face Chinese.

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