Posted by BERKSHIRE > 2020-05-23 16:44 | Report Abuse

BTW, don’t find excuses to explain why CIMB is disposing their shares, CIMB is no so broke to sell shares from revenue to fund the losses by borrowing to Hin Leong.
If CIMB believed this time around there will be good QR result from revenue, why they don’t wait after QR announcement only to dispose?

Posted by BERKSHIRE > 2020-05-23 16:52 | Report Abuse

I have sold my shared after goreng goreng enough in April, my statements above is not any buy or sell call, just my 2 cents. Tq.

Posted by RainT > 2020-05-23 17:45 | Report Abuse

CIMB is broker of Kenanga growth fund

is not the CIMB Bank that relate the oil company Hin Leong in Singapore

Posted by BERKSHIRE > 2020-05-23 19:15 | Report Abuse

Thanks @RainT’s clarification .
https://www.kenangainvestors.com.my/KIB/KIB.Application.Web/docs/Prospectus/KCF_20140314091830_Kenanga%20Cash%20Fund%20Information%20Memorandum%20and%20First%20Supp.pdf

Posted by ch0805 > 2020-05-24 09:44 | Report Abuse

Can anyone explain to me what will happen after Revenue give special issuesordinary shares to bumiputera ?

I knew the EPS will diluted due to increasing number of shares. So the Revenue share price will drop after the special issues share entitlement date ? If want to buy Revenue price better wait after the entitlement date ?? Thanks in advance.

Posted by BERKSHIRE > 2020-05-26 02:44 | Report Abuse

@ch0805, timing to buy is an ART, better learn TA. QR will be published very soon, my advice is better wait and see the result. Although I have sold Revenue, but if there’s a great results and showing that the company is doing well to sustain and overcome the crisis, then only I will consider to buy some. Better trade extra carefully during crisis ...
Not a buy/sell call, tq.

Posted by GTdyno > 2020-05-26 23:33 | Report Abuse

Good news for e-payment service such as Revenue

https://www.thestar.com.my/news/education/2020/05/24/online-orders-for-canteen-food

Posted by Xiangjs > 2020-05-27 16:56 | Report Abuse

Got insider news, the result not gonna be good, run

Posted by limitupupup > 2020-05-27 17:27 | Report Abuse

gogogo today only 15 active cases tmr gap up

Posted by Alex Wong > 2020-05-27 19:33 | Report Abuse

I am waiting qr result since today morning

Posted by smallfishy > 2020-05-27 19:47 | Report Abuse

Ghl out ad, prospects alert next qr will be bad, Revenue likely the same

Posted by limitupupup > 2020-05-27 20:25 | Report Abuse

Ghl price skyhigh and revenue is having epayment, might be revenue the one benefited from e-tunai

Posted by ivanlau > 2020-05-27 20:28 | Report Abuse

For safety, better sell revenue tomorrow ...........

Posted by limitupupup > 2020-05-27 21:14 | Report Abuse

Revenue 1.18 vs ghl 1.95 , no brainer sell ghl buy revenue

Posted by 682pujut2b > 2020-05-27 22:20 | Report Abuse

ch0805 " Can anyone explain to me what will happen after Revenue give special issues ordinary shares to bumiputera ?"
REVENUE is planning to be listed in the Main Board. In the case of a transfer of listing, the Company is required to comply with the 12.5% Bumiputera equity requirement at the point of transfer. Let's say Bumiputra currently holds only 2.5% shares in REVENUE, REVENUE would have to place out additional new shares to Bumiputras such that they jointly own at least 12.5% share. The additional new bumi shares, BNEW can be calculated from
( BNOW+BNEW ) / (389+BNEW) = 12.5%
BNEW = 1.143x(48.63 – BNOW)
For Example, if BNOW is 20m (about 5.1%), BNEW to be issued would be 32.7m. The enlarge shares would be 389m + 32.7m = 421.7m (CASE 1)
If BNOW is only 10m (about 2.6%), BNEW would be 44.2m. The enlarged shares would be 389m+44.3m = 433.2m (CASE 2).
It can be concluded that the increase in additional shares (share dilution) is quite small in either case.
On the positive side, additional new bumi shares would bring in additional share capital in the form of cash injection into the Company. Assuming that the new Bumi shares are issued at a typical 10% discount to current market price, RM1.18x(100%-10%)=RM1.06, Case 1 would add RM21m cash whilst Case 2 would add RM46.9m cash to REVENUE. Base on Q2 2020 report as at 31 Dec 2020, REVENUE had net cash of about 30m. The net cash as total working capital would increase very substantially to RM51 m in Case 1 and RM76.9m in Case 2. This should strengthened REVENUE for faster expansion and bigger business undertaking looking forward. The net cash per share in Case 1 would be 51m/422m = 0.12 cent/share and in Case 2, RM77m/433m = RM0.18 per share.

Posted by 682pujut2b > 2020-05-27 22:30 | Report Abuse

The other major plus side is once the Company is listed on the Main Board, Fund managers would more likely invest in the Co. Currently, I don't think EPF and other major funds can invest in REVENUE even it is a good growth company as there are guidelines that restrict them from investing in non main Board companies. So it is very likely that REVENUE could become a target for investment by some big fund managers. The impact on the share price, in my view, is therefore very positive.

Posted by joyvest > 2020-05-28 07:29 | Report Abuse

When are they going to transfer to main board?what is the expected schedule for such changeover?

Posted by limitupupup > 2020-05-28 07:35 | Report Abuse

Dow soars 553 points on mounting optimism around a strong economic recovery. Gogogo

Posted by GTdyno > 2020-05-28 08:13 | Report Abuse

GHL Systems Bhd's only slipped a marginal 2% to RM85.1 million from RM86.54 million

Posted by ViWizard > 2020-05-28 09:10 | Report Abuse

why keep dropping lol

Posted by joyvest > 2020-05-28 09:17 | Report Abuse

CIMB is exiting ........................... before QR announcement

Posted by GTdyno > 2020-05-28 09:33 | Report Abuse

As u can see, seems have strong support

Posted by imvu > 2020-05-28 10:59 | Report Abuse

tunggu jadi oversold baru beli?

Posted by eternityJ > 2020-05-28 12:16 | Report Abuse

already oversold leh...

Posted by amateurJR > 2020-05-28 12:24 | Report Abuse

Revenue competitor GHL qtr result not good as expected. How will Revenue performed?

Posted by straycats > 2020-05-28 12:24 | Report Abuse

look what happened to ghlsys today

Posted by Teo Hock Song > 2020-05-28 13:19 | Report Abuse

GHLSYS' quarter report should provide us a hint that Revenue' qr will be bad too. Once QR is out, im seeing that the price is going to drop further. Im waiting to accumulate. Be patient

Posted by joyvest > 2020-05-28 13:31 | Report Abuse

down syndrome is expected

Posted by TuhanSaham > 2020-05-28 15:44 | Report Abuse

GHL dropped is mostly because of impairment. And they reported growth in revenue in TPA which is Revenue's core. I believe these two are oversold right now.

Posted by ViWizard > 2020-05-28 16:45 | Report Abuse

nice one tuhansaham

Posted by limitupupup > 2020-05-28 18:57 | Report Abuse

stupid drop limit down not worth high P/E even ghl is worse this is the WORST, eyes down u

Posted by ivanlau > 2020-05-28 18:58 | Report Abuse

first quarter result like shit....... really no eyes see the 2nd quarter result , definitely more worst...... good luck guys.......

Posted by karimboss > 2020-05-28 18:58 | Report Abuse

Over price, no growth, wait RM0.50

Posted by limitupupup > 2020-05-28 18:59 | Report Abuse

finally god share drop like krono lao sai tmr, next quarter big damn LOSS

Posted by limitupupup > 2020-05-28 18:59 | Report Abuse

woth 80sen only this kind of business

Posted by Stock Wizard ( no sell no loss ) > 2020-05-28 19:00 | Report Abuse

worse than ghl

Posted by Ivan89 > 2020-05-28 19:02 | Report Abuse

Gg.com q2 might incur lose

Posted by limitupupup > 2020-05-28 19:09 | Report Abuse

drop la padan muka no wonder price stuck 1.2 sideway, 0.7 already good for you

Posted by wesley_gold > 2020-05-28 19:13 | Report Abuse

no wonder CIMB sold early early gg...

Posted by davidkkw79 > 2020-05-28 19:22 | Report Abuse

Very Good result ! will up again ! https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3054009

Posted by limitupupup > 2020-05-28 19:22 | Report Abuse

deadliest QR is next quarter. RIP

Posted by limitupupup > 2020-05-28 19:24 | Report Abuse

company named revenue, revenue mana bro disappointed man!!!!

Posted by BullRUN2021 > 2020-05-28 19:44 | Report Abuse

GP margin increase, Operating CF increase, management no explanation on the extra 3M of admin expenses (quite worried in terms of the integrity of the management as no explanation) resulted in drop of profits. Overall, long term still intact. Those hoping to finally buy on weakness, now may be your chance, unless there is another melt down of financial crisis. Price volatility is expected but long term growth story still intact. Proceeds from new share should have enough money for expansion, company is heavily investing in IT which they are aware is important, hope for good news to come.

Posted by UseBrainS > 2020-05-28 19:49 | Report Abuse

Going to buy when tomorrow drop

Posted by BullRUN2021 > 2020-05-28 20:05 | Report Abuse

Taking back my statement above. Management has explained.

The lower PBT recorded for the current financial quarter
ended 31 March 2020, on the back of a relatively flat revenue, was mainly due to the increase in
the administrative expenses such as connectivity expenses (e.g. SIM cards, lease line) by
approximately RM0.59 million, expenses relating to the digital payment services and
procurement & logistic services by RM0.62 million, as well as the increase in the staff cost by
approximately RM1.23 million due to the increase in the headcount.

Posted by BullRUN2021 > 2020-05-28 20:06 | Report Abuse

Personally I think long term still intact, will add up upon weakness.

Posted by Citadel12 > 2020-05-28 20:06 | Report Abuse

severely overvalued!!!

Posted by BatmanGMT > 2020-05-28 20:10 | Report Abuse

Dax venture is a property rental platform. Management should review more about this start up investment.

Posted by Mighty21 > 2020-05-28 20:11 | Report Abuse

the increase in headcounts ... does it mean big expansion? just doesnt make sense

Posted by Mighty21 > 2020-05-28 20:12 | Report Abuse

n that's why TimeDotCom profit increased