Posted by cK1973 > 2023-05-12 09:46 | Report Abuse

still holding strong at 30....
but i think will be broken....
still set by EP at 25....
good luck guys....

Posted by ChunWong93 > 2023-05-12 11:06 | Report Abuse

Nasday went up instead with lower than expected PPI. Seems like Revenue will consolidate at 30 cents for a while

Posted by Besafe > 2023-05-12 11:14 | Report Abuse

All the wayang from the 3 Ngs on litigation end up Eddie Ng is the main con man. This pariah guy together with the 2 Ngs just create a drama to sell of all their stakes. Haha

Posted by redhotpepper > 2023-05-12 16:12 | Report Abuse

Perhaps still behind the scene scheming on something. But buat apa la, sudah nama busuk la.

Posted by bizbro > 2023-05-12 16:47 | Report Abuse

habis, who still trying to fish

Posted by life is great > 2023-05-12 17:04 | Report Abuse

fake rebound trying to trick ppl again

Posted by Besafe > 2023-05-12 21:03 | Report Abuse

Con counters revenue and hong seng wayang time. This mafia group up to something no good again with Eddie Ng helping from behind. Haha

Posted by redhotpepper > 2023-05-13 09:36 | Report Abuse

"In less than six months after acquiring a controlling 51% stake in Innov8tif Holdings Sdn Bhd in January to venture into the digital industry, Hong Seng Consolidated Bhd is offloading the stake to Revenue Group Bhd — citing its lack of experience in the digital business as the reason. The RM36 million disposal came prior to Hong Seng's payment of the balance consideration of RM24.41 million for the stake. It has paid only RM3.09 million of the RM30.86 million price tag so far. Hong Seng expects to pocket a gain of RM5.15 million from the disposal of the stake to Revenue Group for RM36 million."

Posted by Besafe > 2023-05-13 10:12 | Report Abuse

All the con schemes begins la from Mafia Group with the main conman Eddie Ng behind there doing all the dirty work. Both this con counters should be investigated. But as usual our government only good in talking but no action taken against this mafia group and Eddie Ng!

Posted by tan5995 > 2023-05-13 11:30 | Report Abuse

算不算是老千公司❓

Posted by Ahead1268 > 2023-05-13 12:27 | Report Abuse

RM36mil over market cap of RM164mil is substantial see how the price move.

Posted by joyvest > 2023-05-13 19:45 | Report Abuse

Revenue Group acquiring 51% stake in Innov8tif for RM36M is just one of the shenanigans with the agenda to exhaust the cash availability of the company.

The company will be cash stricken very soon .

Posted by joyvest > 2023-05-13 20:46 | Report Abuse

If not mistaken, before the hostile move to the BOD ,the cash availability of the company was recorded at around RM 76 m,half of the cash was gone by now through the futile acquisition.

Basically ,the cash is the fund invested from spectrum of investors.

The indiscriminate acquisition is clearly an abuse of fund at the expense of investors

Posted by cytew > 2023-05-14 09:33 | Report Abuse

First time we see Revenue needs to use only " cash " to acquire 51% of a company,further more ," 36 million cash " can just able to acquire 51% of a company which is generating profit of about 0.5 million annually over last 3 years, apparently, it is not a good deal

Posted by cK1973 > 2023-05-14 10:31 | Report Abuse

bonus warrants now?
what do u guys think?

Posted by cytew > 2023-05-14 11:09 | Report Abuse

The approved proposed bonus warrant B at ratio 1 for 6 has now lapsed...

Posted by Ahead1268 > 2023-05-14 11:14 | Report Abuse

Ya new board abundant the warrant issue and now execution on acquisition, networth 31cent, got cash pile, got land or property in the book, what else?

Posted by kl_guy > 2023-05-14 23:18 | Report Abuse

revenue is a gone case ...when left hand pocket go to right pocket.

Posted by nicholas99 > 2023-05-15 10:01 | Report Abuse

trap king.

Posted by Besafe > 2023-05-15 10:15 | Report Abuse

Don't get trap by all this con announcement. Same like hong seng always have announcement but price keeps dropping!!

Posted by Besafe > 2023-05-15 11:18 | Report Abuse

Look at 0.33 sharks waiting to offload. Do not get trap and buy. Haha

Posted by ChunWong93 > 2023-05-15 11:57 | Report Abuse

Hong Seng was offloading the stake to Revenue... looks like not much profit can be split from the digital payment gateway business cake

Posted by redhotpepper > 2023-05-15 15:35 | Report Abuse

Buying a not really profit making company. Hmmm. Again, draining the cash.

Posted by Besafe > 2023-05-15 15:39 | Report Abuse

@redhotpepper: this is how they can continue to con ppl ma. As long as mafia group and Eddie ng still behind, all this conmen will find ways to keep on scamming innocent investors. Haha

Posted by rockwork1 > 2023-05-15 15:44 | Report Abuse

Wait at 20 sen and jump back in

Posted by Besafe > 2023-05-15 16:22 | Report Abuse

@redhotpepper: don't be surprised they bought over the company and put conman Eddie Ng to be in charge! Haha

Posted by Pengibun Pengibun > 2023-05-16 08:40 | Report Abuse

mmag gang hahah

Posted by Besafe > 2023-05-16 09:34 | Report Abuse

Don't buy consider win! Con counter like mmag and hong seng. Haha

Posted by stockraider > 2023-05-16 09:53 | Report Abuse

Sell b4 too late loh!

Posted by Besafe > 2023-05-16 10:45 | Report Abuse

Con too much till now and no one even dare to touch. Only pump and dump among mafia group and Eddie ng gang. Now they will con to use the company funds to buy an empty shell company.

Posted by redhotpepper > 2023-05-16 10:56 | Report Abuse

Hey, apa macam. Got $_$ try other counter. This one redued to pump and dump tool for bWk. Looks likely heading south again. Don't know how many were trapped.

Posted by EatCoconutCanWin > 2023-05-16 13:15 | Report Abuse

Can average now?

Posted by Gokurek > 2023-05-16 16:01 | Report Abuse

average at 20 sen hehehe

Posted by redhotpepper > 2023-05-16 16:18 | Report Abuse

@EatCoconutCanWin, you trapped at which level? Like Gokurek, perhsaps 20 sen.....perhaps only

Posted by mectronx > 2023-05-16 16:21 | Report Abuse

If you rich you can average at any price, just saying

Posted by ChunWong93 > 2023-05-16 16:49 | Report Abuse

Hm..goreng moment hasn't come yet

Posted by Ahead1268 > 2023-05-16 18:58 | Report Abuse

Human nature when up only buy

Posted by Besafe > 2023-05-17 09:28 | Report Abuse

Con announcements do how many times also no use. This counter forever known as con under mafia group and eddie ng. Hahaha

Posted by redhotpepper > 2023-05-17 10:16 | Report Abuse

buying other small company that is not making money is also no good. Most of the company bought, no result one.

Posted by Besafe > 2023-05-17 10:48 | Report Abuse

Go see other companies how they do business. Every quarter make money and also no hanky panky. But too bad, all counters under mafia group and gang, all also con counters. Objective from start is to con and con. Haha

Posted by ChunWong93 > 2023-05-17 15:22 | Report Abuse

Consolidation mode. No new bad or good news from this company

Posted by Besafe > 2023-05-17 15:30 | Report Abuse

Basically this con counter only good at exercising warrants. If not come out with con announcements acquiring company from their own mafia group. Hong seng sell to revenue. Revenue later sell back to Hong seng, mmag etc. Haha

Posted by cK1973 > 2023-05-17 15:44 | Report Abuse

wait at 25c first.....
if can sustain above 30, maybe ok

Posted by redhotpepper > 2023-05-17 19:08 | Report Abuse

Con man is in deep thought finding reply to SC Query on the acquisition of the company. Let's see how they gib response.

Posted by Besafe > 2023-05-17 19:58 | Report Abuse

@redhotpepper: hahaha. Now the mafia group and Eddie Ng gang (all conmen) busy thinking what script to write to SC. Whatever reasons they gave, still the same conclusion. Continue to con and con. Haha

Posted by Pengibun Pengibun > 2023-05-18 10:59 | Report Abuse

counter ne jgn beli selagai ada nama Victor Chin Boon Long

Posted by Besafe > 2023-05-18 11:13 | Report Abuse

Betul. As long as ada Victor Chin, Francis Leong, Eddie Ng (all conmen), don't ever touch this counter. Best let them rot together!

Posted by Siang9282 > 2023-05-18 12:12 | Report Abuse

Many are a trap, such as 0041 is the same

Posted by Siang9282 > 2023-05-18 14:55 | Report Abuse

AAX gogogo

Posted by corpsehunter69 > 2023-05-18 15:27 | Report Abuse

Road to 20 sen