Ivan89 this shares is not undervalue. Please check their performance carefully. Are u sure their China REV can perform well? They is no concrete evidencce China market are accept their technology. What is their REV market share in China?
The s counter is already a dead duck the day the current ceo took over. No new product or solution. Announced in Star 2014 & 2015 China exploration of R&D is the way I fact his ideology was disaster. Placed blame to previous coo and all those who left where he appointed them in the very first place. Makes matter worst chairman of the board Larry has no clue how to stir the ship around with current puppets on the board. Indonesia sudah mampus, Thailand hanging just waiting time to pass by, Singapore a puppet hired by ceo that has no management or business experience and depleting market share there, China, whole bunch of overpaid joyful hooligans there just passing time waste shareholders investments. So still want to place your bet in this I'll fate company. They better file for bankruptcy and save shareholders money.
2012 shares at 0.40 plus/ 2013 shares hanging at 0.35-0.30 until 2014 Q2 / 2014 Q3 to 2015 shares at 0.25-0.20. By mid of 2015 to Q1 of 2016 shares was around 0.20-0.15. By early March 2016 shares drop from 0.12 to 0.09. This counter is dying of cancer!!!. Internal cancer. China win what Deal???. Says who?. 2013-2014 ceo admit burning public money in China and burnt 25% when everyone was making money in China. They can gain profit by just one deal?. How stupid if you thinks so. China is big hence they have no more cash reserves to play even in Indonesia, Singaoore and Phillipines. All deal won using cheap selling tactic. Using cheap tea sight licenses and piss off even their own Middle East clients and competing with their partners. Big customer like Starbucks, marry brown, old town Kopi, KFC all use below market price for licensing. Which means it hurts profit margin. No good sales team because as Topnews said, all cronies of chairman and ceo. No good talent and worst product in the post industry. Call customer service no respond. Call sales they don't even know what price was quotes year before. Only when time comes hungry for sales, they will get be cheap. My advise for you bunch of fools that still think got hope, think of your jobs and think of your pocket... Jump ship and jual apa yang ada bukan beli. Looks like they will go broke soon.
Looking from the annouements, the margin is thin. RMB250mil for 6 years of 25,000units of REV. That is about RMB10,000 for 6 years per unit or RMB1,700 per unit per year. Convert to MYR will be RM1,000. The costs of such installation wouldn't be that cheap and likely the margin is also thin. However, still need to see the coming QR.
Doubt the REV hardware and software will make any money. But getting a device onto every table in every Ajisen outlet in China and being able to sell media advertising on it? Now... that could be worth something. Whether they can execute or not....
Hopefully, the REV project in China will generated more advertisement income rather than the rental of the units. That is something that is more difficult to predict the outcome.
Well if the entire company depends just on one product and being a public listed firm with so many coverage in the region, I doubt they can progress. Rev have been dead do a Ling Long time. Even CEO admits the lack of progress in 2015 press release. Looking at this forum rev was talked about in 2014 and where are they today?. All hopes in one client Ajisen versus competition of thousands in ipad you know there isn't must hope. Ask yourselves when you eat out how many time you see an ipad versus a rev?. iPads came in like a storm with multiple companies participating with different user interfaces.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
red9five
28 posts
Posted by red9five > 2015-11-18 16:09 | Report Abuse
small volume...