Heard from the fintech grapevine that a state consortium will be getting a digital bank license. There's a chance it could be genting pahang sabah consortium. If yes, a bonus!

those who still enter must bet that PG's next move will be a catalyst for crazy price momentum from which they can cash out. essentially, be the fool for you

@larrytrader - the counter is already fundamentally over valued with no business operations. NTA is about 5 sen. REV has 8 more months to go during time which they will likely inject business to keep counter alive, or keep for later backdoor listing.

anyone in this counter at anything above NTA (5 sen, their RM6m retained cash pool) is essentially betting on patrick grove as a catalyst doing something with this counter. but at 35-40sen premium on top of NTA, that's additional RM54m in valuation for a listed shell company with no clear prospectus / direction.

At RM54m premium from NTA, an RTO is out of the question. I'd rather offload my shares to the market.

For biz injection, REV will have to do a capital raise exercise which will result in more dilution, or be forced to buy biz mutually valued within RM6m. If market values co at RM60m... makes sense kah? Guy is a great promoter. but can the fler turn RM6m value to RM60m overnight? If anything, they're pressured to acquire businesses (even mediocre ones) inside a short time frame if he wants to keep REV listed.

Also, if i am to speculate, I think likely he will inject / acquire a property play by reading into all his latest forays. i don't think he will inject iflix he is likely keeping it for himself.

remember that finding a bigger fool is PG's usual modus operandi. just make sure you ain't it.

Any news you get about REV from here on, u read between the lines and decide urself is this stock alrdy way overvalued lah. all new investments require new injection of capital and further dilution.
good luck

all these unfounded speculation... here r some facts

refund is 44 cents. left over cash after special dividend <10 cents a share. everyone that says otherwise can stop spreading rubbish.

i also can personally share that
a. is true they are in talks with at least 1 company to buy in
b. the few senior managers i know (won't trigger market disclosure activity type) have alrdy been quietly selling down shares since the KLIC announcement and MPB buyout. in fact most no longer hold positions in REV today. between getting 44sen and stuck in REV again (yes. again, if you know the story of the co) VS cashing at >70 cents, everyone i know alrdy chose to cash.

but i guess you can never stop people from speculating and calling crazy stupid high TPs

Its meaningless once the cash gen assets and operations are sold to media prima.