Anyway, recession coming or not, this counter already given me 20%+.

if you so sure on the recession, then you should start shorting the market..... @^_^@ meow

I hope you are right. This will be my poison ivy.....lol.
I have bought quite a load full of it...... @^_^@ meow

Birds of same feather flock together......

of course the car ownership is a small matter but pls don't forget there are other serious matters listed. I mentioned the car matters because it is hilarious but seriously, it is all about good governance regardless if it is 1c or half million.

Does this consider hanky panky in the company. & don't tell me Eddie wasn't aware of this. We only get to see this when relationship turn sour and they start to wash each other dirty linen on the street. Not sure what else is out in the public yet.

I really like point number 5 which in order to save the road tax, the car was bought under private name for company use. Wow.....it is just WOW....oppsss....should i say Meow.......unbelievable.

@Jack2, from the list by faridfed, petty matters is an understatement. It is ringing so many bells and on all levels. Again, I hv no guts of touching this counter. It is like stealing food from lion's mouth. All the best to all that seeks these excitement.

When i read this, i thought this is this report was produce this year. Look clearly, it was 2017. BJcorp was 32c then and 32c now. 6 years still remain the same. Time flies....

Went back to respectable sifu cutloss price....hmmm.....

Congrats to those make money. I'm here just to watch the drama.
if indeed true like someone said earlier, that the ousted Ng strikes back. Then things going to turn interesting. I think it is do or die for them. Because ED ordered a special audit. If they win, they can just drop the audit. Getting more interesting and very fishy

Hi Mr. SSlee,
I don't get you. Mind to explain. Thanks

Read that Jaks proposed for PP up to RM74.4 million? Oh dear!
Intention is to pare down borrowing n use as working capital. Wht worse is market is cheaper than PP. Who want to buy? They Nd to issue more PP at lower rate to raise same amount money. More dilution.

found this video on Revenue drama. Not necessary any new information but a good summary

https://www.youtube.com/watch?v=tN39VMe52lA&t=6s

Waiting to see their cash burn rate. I think they burn 300+M in 1 quarter but partly is due to purchase a piece of land.

For full year 2021, JAKS book a profit of RM 140.7M profits from it 30% stakes. Has JAKS actually receives the profit? I don't see that in their cash flow statement.

ETC is their machine.

Anyone using revenue ETC here? Maybe can share your experience, the service level and what % are they taking of each transaction.

Thanks redhotpepper. I didn't know McD terminal is by Revenue Group. In that case, their income so be good from McD.

Go to their website and see their clientele. To me, it seems like their clientele are the 2nd or 3rd tier. For example Caltex is one of their customer but by qty of petrol station in Malaysia, Petronas, Shell, Petron and then Only Caltex. There already lost the mass market in terms on machine deployment and transactions.
Subway is also their customer but in Malaysia McD, KFC, starbuck are generally the more popular 1 compare to subway. They have more store and .......i think you get my point.....but this is just my opinion....

Whoa!!! Hotstuff. Chill!.........dun get too hot tampered and get urself burn. No pun intended.
Despite all the things u said, you can't denied it move from 25c to 70c. There is a white Knight willing to come forward to rescue but what about this company? The biggest taboo for my investment is board tussle.....how good company also no use.....

Many hope this will be another cypark. A white knight to the rescue. From 25c to 70c. Everything is possible.

somewhat agree with SecretOne. In 10 yrs time, there might not need a translator. With technology, it might be as simple as put in the earbud and instant translation like what you did with google translate.

Am not a blockchain expert but with blockchain, will there be a need for accountant? Sorry as i'm noob.

Not sure where he hear it from but i think he did hear it from somewhere. He asked my opinion. When covid hits and revenue shelf their expansion plan, i told him i won't invest in it. When the money raise for oversea expansion were use to buy more of their equipment, I caution my friend as I ask what will be the growth in Malaysia. He did says that revenue have business with Alipay and all backend transaction they will get a cut.....anyway, I don't have indepth knowledge and hence I said i'm giving a skip. I guess is a blessing.

20c? Sure o not. Pls don't be so bad. Many already stuck. Don't make it worst. I have friend bought from 1.80 and average down all the way to 1.50. After he don't want to talk about it and I don't want to ask either.

The div question was asked in the AGM and if not mistaken management ans that the need the money for the expansion. They said it is better for all shareholder by growing the company and create more value of the company .

It rises because it seems like TGUAN is one of the beneficiaries of the re-opening of China's economy.

The strengthening of RM against USD and the increase of ICPT does not goes well with export oriented company. RM up against the greenback should giving more buying power to power producer and hence lower the operating cost but it would't be pass down to consumer as the ICPT will be reviewed only in Jul'23. Revenue also might drop due to exchange rate.

I'm interested to know what the 30 boxes of document they cart away. If it were design document, plans.....usually store online. Financial document and contracts? This will be interesting. There is no boring day in Bursa. Just like watching soap opera.

Jack2, the cash from dec'21 if not mistaken is from IPO or fund raise for the use of oversea expansion. When covid hits, they are not able to expand and they are require to utilise the money by certain time or else need to return to investor (do correct me if I'm wrg). Hence they use the money to stock up more of the revenue machine for local expansion. The question is how much more growth. There are far too many player now in this really crowded space.

Fundamental of the business have change. They use to be on top of the game but the space has become more competitive. Nowsday many use QR code and ewallet. It reduce the needs for their machine and margin has reduced. I see different scanning gadget uses by F&B and it is getting popular than revenue machine. With all the drama above and change of business fundamental, i will give this a skip. Too risky for my appetite. Good luck to all who plan to buy. @^_^@ meowww....

today down 25%? Will tomorrow down another 25%? NTA is only 32c. Net cash of 7c.
Mayb will look at it if it drop to NTA level.

is LD = 15%? I also don't remember.

One man's meat is another man's poison.....or woman in this case.

ESOS are issued to staff and management of the company. If they exercise the ESOS and sell immediately, what does that mean??? They know something you don't??? Me just asking......@^_-@ ....meow!!!

Is dump = 2.25?

The AGM will be in May/June next year. The 4Q report should give you some info on the impact of the ICPT.

I will start buying at RM1.20.

The increase in China covid case is indeed worrying. I don't believe much in main stream media news and there are many propaganda by countries with self interest. Hence, i watch tiktok posting and many has shows the street, restaurant, shopping mall was empty after the end of lockdown. Where are those ppl? Mostly in clinic and hospital for treatment. The most worrying part is they run out of common medicine for flu, fever and cough. and you can't find any in pharmacy or hospital. Singapore government imposes purchase limits on Panadol as apparently many bought medicine to send back to China and I heard in JB, the pharmacy sales skyrocketed leaving shelf empty. This is not even CNY yet which we will see the largest migration of ppl in China. Stay safe everyone.

HY 2.0?

Micron retrenching 10% of their workforce citing weaker PC demand. If not mistaken, Micron is one of MI SMBU customer. Also, China covid case on the rise and it is not looking good. The death rate has increase exponentially and those phot showing the amount of undealt coffin is worrying. They already run out of medicine for flu fever & cough. This is not CNY yet. It is extremely scary.
I think the Ningbo plant will be further delayed with no target date on sight.

Huh? They introduce a new tax deduction just for this electricity tariff?
As for as i know It increase your operating cost and hence lead to reduce in profit margin. The increase is significant which is a out 30% of overall electricity cost.

Thanks Mr. SSLee. Meaning on paper you gain but on hand you have nothing yet. It is like they given the company an IOU letter while coastal can see but cannot eat yet. Hmmmm.....interesting.

The PBT was is 152M and share of profit from joint venture is 109M but under the operating cashflow, there is a reversal of 116M for adjustments for non-cash items. Any idea what it that?

Wondering how will the new electricity ICPT tariff affect Tguan starting 1st Jan. Not much clarity except those medium voltage and High voltage consumer will need to pay 20c instead of 3.7c for the ICPT. That is a huge increase in terms of the ICPT rate and Tguan is not in the list of exemption (agriculture, SME, food manufacturer and LV non-domestic)

You are telling me he got koon by his own subscriber??? ^@_@^
Also, based on insider information? This is more interesting. I think SC should take a look into this group of ppl.

Oppss....wht a blunder....

Guess sifu ask to hold Sept 2030.
Pls remember, when promise sky high target price, always asked who is the patsy. If you don't know, then high chances (99.99%) you are the patsy irregardless which counter

P/s, Ur sifu has move to new counter and now doing the same modus operandi.

I park 1.35 for a month. Renew again my Q next month. You think have opportunity to get at that price?

I always buy first and then recommend to you. When I sell, of course, I sell first and then inform you.......in the between, I will tell you the sky high fairy tale price so that you get hypnotised and lose focus. By the time you realise it, you pants is already half down and on fire.........@^_^@ meow