Sorrowvest, pity you, poor guy. Investing in anger will bring you nowhere. What facts do you want some more? The very fact is already there..Are you so blind that you don't acknowledge that the plunge from 2.00 to 0.26 was not the making of the old mgt but the incumbent?
RGB is under new mgt now and it needs time for the incumbent to clean up the mess/ shxt left over by the old mgt..
Are you so blind and delusional of the highest order like your friend out there?
You should be thankful for the white knight to save your arse otherwise the share price would have been dropped to penny stock after the 3 Ngs have ditched the company for their own good
My " Bruce" used to be feeling very uneasy when the board tussle was heat up but "Bruce" is calm now when the Board tussle has appeared to be eased up...
the investment firm think its cheap then sapu to earn some pocket money. now they goreng up few cents to sell.. see who will eat the bait.. its been doing that for past weeks..
once he offloaded enough. he will sell down and run. because investment firm don't play long term
Burnt your hands with this speculative syndicate play. nicholas99 the investment firm think its cheap then sapu to earn some pocket money. now they goreng up few cents to sell.. see who will eat the bait.. its been doing that for past weeks..
once he offloaded enough. he will sell down and run. because investment firm don't play long term
Looks like you are not even sure that the Board tussle is over but had speculated that the company is under new management. An unreliable person providing factual accuracy on this company? joyvest If the Board Tussle is not over ,then penny stock is in the making but from the way it goes from now , your wish might not be granted , I am afraid.
Am I speculating or you ? Cant you be so blind that you cant acknowledge that there has been change of management including the new composition of the BOD ? The founders with the old guards in the BOD have already departed from the Mgt Team. As a result of the above, you are still speculating that the company is not under new Mgt? Bro, wake up....
Thats why i am saying the fall from 2.00 to 0.26 was the making of the 3 Ng bros but some fellows in this room are so dump that they pretend to be ignorant of it ......
Shark or no shark, "Bruce" still need to eat. Talking about innovation, this counter no have, talk about trust worthiness, also no have. How to move up back to RM2 :)))))))) Small time investor who believe in this counter pun sudah terjerat :)))))
Whether RGB is in the wrong hand or right hand remains to be seen. Have you got the better choice? If you had let the 3 Ng bros continue to run the show, the Company might have gone to wonderland. Now then 3Ng bro have gone, at least the bleeding has stopped and not aggravated further........Thats the consolation to some , isnt it ?
Haha this Francis Leong will use RGB to goreng again and then as usual follow the 3 conmen Ngs to dispose the shares later! The next blow water king in the making after Eddie Ng
Paynet is the only client of Revenue? If paynet pull out will there be any Revenue left? Why had to come out to support a supplier? Why do Ng Brothers have to steal motor vehicles if the company had RM50 mill last quarter? Or is the cash from last quarter already empty by now? Also why sales of e-data capture terminals suddenly disappeared and were reported as no sales at all?
Revenue Group has been and continues to be our valued partner. We have full confidence in their ability to provide reliable payment processing services to their clients,” said PayNet’s chief commercial officer Gary Yeoh.
Revenue Group suffered a net loss of RM17.61 million for the first half year ended Dec 31, 2022 (1HFY2023), after posting a second-straight quarterly loss of RM14.27 million in 2QFY2023 due to lower revenue from its business activities, coupled with higher administrative expenses and finance costs. Is the next quarter going to be heavy losses?
Quarterly revenue dropped 82.15% to RM4.9 million, from RM27.44 million in 2QFY2022, as no sales of electronic data capture terminals were recorded.
The incumbent mgt just pointed out that the losses were attributable to the previous administration ie the 3 Ngs Bros through no fault of the new administration. Apparently , the tons of cash is intact. No cause of concern. Whether the new administration can turn it around or not remains to be seen. Patience is virtue
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
nicholas99
9,863 posts
Posted by nicholas99 > 2023-04-11 09:16 | Report Abuse
main main je..