The duo know very well that the E payment gateway market has been saturated. The duo planned to expand to overseas emerging markets like Eastern Asia but it was not materialised in the end.

Thats why the duo has proposed a new venture like property development and management for steady growth and income.

Will happen only in your fantasy...

It is believed that EN was in a desperate move to dispose of all his shareholding in goodway co in order to finance his margin call in RGB. RGB's share price is expected to continue to be depressed further, more margin call for EN is expected as a result of which EN is expected to continue to offload his shareholding in RGB until his shareholding is minimal to be negligible to the extent that the duo would make a return to control with their substantial shareholding. However, the recalcitrant EN would not let the duo return to the Board easily, he is believed to collude with the Mafia Group by disposing of his shares to them cheap off market with the main agenda to block the return of the duo to office.

The tussle is not over and the turbulent is getting more and more intensified from now.

Oversold position.chicken heads are being flushed out before spiking.

It is believed that margin call for EN and he was desperate to off load all the shares in goodwill co

Now then the mafia group is involved in RGB,the company is set to be doomed like green packet and many others ....

Green packet has been screwed up by ex-CEO so much so that Green packet has ended up selling assets to survive now...so pathetic....

The Mafia Group is under investigation by the relevant authority for the alleged abuse of funds involving RM30.7 million by a subsidiary of Caely Holdings Berhad. Likewise , their purpose in penetrating into RGB is to abuse the " Assets i.e Cash" inside the Company until the Company is heavily indebted. As said, all the companies touched by the Mafia Group have been so far turned into " Shxts" if not half dead. You can check it out for yourself.

Mummy always says being delusional is self- deceiving and being realistic is self-defence.

Management buyout (MBO) is on the agenda now. The mgt is in need of strong financial funders BUT who would be prepared to fund this company of no future prospects?

Semi conductor biz has been screwed up and PING is in the limbo...

it is believed that the recent resignation of 3 directors has basically made way to the appointment of new directors coming from Mafia Group .

It is expected that more existing directors will be forced to resign so that the duo can not put forward their agenda to remove the present composition of the existing directors in the upcoming EGM .

With the composition of new Directors, the duo will have a very hard time even though they are re-instated to the board . How could the duo get the approval of their proposal if all the directors oppose their proposal every time?

EN has no alternative but to turn to Mafia Group for protecting him in power. I think EN has sold substantial shares to the Mafia Group off-market at a very cheap price otherwise who would buy high volumes of shares from you when there is no benefit to be derived. The only way the Mafia Group could come to the Board provided that they are holding substantial shares.

SD is about to be wound up and yet still talking about WA over dead body? Are you a living dead or what?

Judging from the current stalemate situation, the share price is expected to be depressing further if not stagnant.....

Yer

To be rebound fast and furious to 70c.

What is done is already messy. It is expected to take a long while for the Company to be back on track or it never will be ........... now that it is even more complicated with the mafia gang to be inside messing about. It is expected to be more and more messy ....

From the current reflection of share price, the market is more receptive to the departure of the entire incumbent BOD and the return of the duo in charge in due course. If they go against the wish of the market, the share price is expected to be depressing further if not stagnant.....

Today Revenue is dancing in celebration of the outgoing 3 directors out of the BOD while 6 more are expected to go pretty soon ......................

This youtuber seems to be an opportunist and risk taker. The gearing level is reported to be low while cash availability is high , which has probably attracted the Mafia group to penetrate with the agenda to exhaust the cash to the maximum in the end. Fake contracts can be forged with overseas supplier/ clients to siphon the money.

Mafia Group has penetrated into the Company following the invitation of EN and a killing field has just begun at the expense of genuine shareholders.

Yer, shareholding of 5 % is significant too and the new buyer from EN could be his nominee. The new buyer has made instant paper gain as he has bought it cheap off market from EN. Who knows there could be some kind of deal between them whereby EN shall indemnify the new buyer if the MV has fallen below the original purchase price?

The resignation of the three directors was among the 9 directors whom the duo wish to remove in the EGM. Their resignation was probably receptive to the market which was reflected in the share price last Friday. From the said reflection, it could be concluded that the duo is preferred by the market.

The resignation of the three directors were among the 9 directors whom the duo wish to remove in the EGM. Their resignation was probably receptive to the market which was reflected in the share price last Friday.

The secret buyer whom EN has off loaded his shares off market could be the mafia group to whom he turns for collusion.

Whatever this mafia group touches,it turns into " shxts".you can see it for yourselves.

MMAG Holdings Berhad,
Vortex Consolidated Berhad, Dynaciate Group Bhd,
Pesona Metro Holdings Bhd,
CSH Alliance Berhad,
Hong Seng Consolidated Bhd,
G3 Global Berhad
Green Packet Berhad
Now ...Revenue Group..
EN is clearly losing grip now and desperate to associate with this mafia Group to re-gain control....

Mafia group is reported to have penetrated into Revenue Group. Those companies as highlighted including revenue are untouchable now....

More directors are to resign before they would be removed in upcoming EGM for failure of exercise of their fiduciary duties.

Risky.she has failed to mention that EN's shareholdings have been slashed to 5% now ( not 10% ++) following his several substantial disposals

The Forward PE is about -15. It is expected by the Market that the company will continue to make loss in the ranges of RM 14-16m in the upcoming QR. On this basis, the share price is expected to plunge if not stagnant in coming months whether you like it or not ....

The duo do not want to see the company to continue to make loss . Hence they have come out with the bold move to diversify into property development which is a stepping stone for the Company apart from its core E-payment gateway business.

At least the duo has proposed the new venture unlike EN who only knows how to dispose of shares off market ( as some one has pointed out it is cheaper for the buyer to acquire ) but whether the buyer is a " nominee" of EN remains a mystery. EN has probably entered into an agreement with the buyer to sell cheap on the condition to back him during voting at EGM/AGM.

The company has become a show of circus where bunch of jokers and crowns are making mockery of one another where the spectators ( investors ) are certainly not amused by their acts.......

Lets exaggerate more to TP RM 10.00 in your fantasy.

Scandals after scandals at the expense of all the investors who are helpless

Following the Revenue Group scandal, it becomes increasingly impoverished, causing the company's share price to fall by more than 30 percent within a month of the crisis at Revenue Group. The drama of abuse of power, MACC arrests two founders brothers of Revenue Group Brian Ng Shih Chiow and Dino Ng Shih Fang who are now defending themselves.

The second scandal was the revelation of the real mastermind, Datuk Eddie Ng Chee Siong, one of the founders of Revenue Group is reported to conspire with the mafia and the enforcers to get rid of the two brothers Brian Ng Shih Chiow and Dino Ng Shih Fang

But more surprisingly, it was Datuk Eddie Ng Chee Siong who was involved in abuse of power and corruption at RGB including forging invoices and giving them to the Malaysian Anti-Corruption Commission (MACC), leading to the arrest of Brian & Dino.

It was also reported of how Eddie and his wife, daughter, son, brother-in-law and the rest of the board of directors have channelled the company's funds outward, resulting in the resignation of two Chief Financial Officers (CFOs) who ultimately refused to abet with them.

Holding for fun or what ? Every night is sleepless. Why put yourself on stress unnecessarily ?

If what the gentleman has claimed the Forward PE of 18 is true, the Company is expected by the market to make in the range of 15m-18m in the upcoming QR as opposed to RM 2.338 m in the previous Q. Lets wait and see....

Zainal, the Ex ED wanted to streamline the group by disposing PING and focus purely on semi conductor biz but he was facing tons of upheaval and resistance from the Board. He was fed up and resigned to call it a day. Basically, Dnex is in the limbo now...

When dnex was apparently in breach of the agreement in the composition of directors as pointed by their JV partner,why denied and challenged it by referring to artibration?

There was no ground for arbitration and withdrawn in the end. To save face,they said settlement out of court.What a BS!

Who has screwed up the company? All they know is just to keep talking on paper,dishonoring agreement and /or MOU.who on earth wanna deal with you?

Another company is biting the dust.

Listen to your grandpa.dont teach your grandpa how to suxk egg.

Oversea supplier could probably be fake . The idea was to siphoned out the money.

All the sailors have abandoned the broken ship with only the captain k alone on board. Very soon,it will become a "ghost ship" haunting around.....

There is nothing's wrong for the duo to dispose of shares and buy back cheap thereby increasing their shareholdings. but look at EN's current shareholding which has been gradually diminishing to be negligible soon. He just sells and doesnt bother to buy back no matter how cheap it is. He has directly sent a message to the market as if he has lost faith and confidence in the Company .

He got the point. EN did offload his shares privately ( not openly ) before the release of QR loss situation. Do you consider such act as insider trading ? Pretty obviously, right ?

Though the Government bought the vaccine through pharma,whether you like it or not ,the current Government wouldn't either foot the bills nor compensate for obvious reasons and the company ended up with impairment.

Thats the way it goes..

The company should have done the negotiation long before it has now suxked into the mud. Considering the situation faced by the Company, the buyers would hold the company at ransom by offering " cut throat " price to buy the vaccine.

The sooner the vaccine was close to expiry ,the sooner it was to be completely written off as unsafe for usage. The Stock of vaccine should have been sold at a discount to salvage some cash to reduce loss. The BOD should be responsible for the loss of their own making.

Another one who is highly delusional and blind leading the blind like the Puxsy cat in SD.

Then try to eat-banana- can- win instead of eating coconut can win....

Gathered from the momentum, the share price is expected to plummet beyond your imagination.