Refund 59millions for 70% share at 11,080,182 shares +-53.24c refund as suggested in the teport. If the present share is 74c Then refund , the share shall be 24c
As reported in the press , the co going to refund n buying new tech business in order to maintain listing .....The co r men with tech peoples n definitely will be going for tech business.
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
as being reported in the press , Rev is in talk with catcha in klic business to keep afloat it s listing or buying over tech business co to keep listed . No ending yet for Rev n business is as usual. keep the ride on....
unless Rev bought over another co or else its listing will be taken away...this is another battle right now coz after the sp div given out , co ha s so little fund to buy over another co n may seek money thru right. isue . This is another option n prepare to buy the right or else u will be left out.
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....
stockmanmy
6,977 posts
Posted by stockmanmy > 2017-06-27 13:23 | Report Abuse
if you recall, I recommend just sell at around $ 1 then....................................now, there is value.
it will definitely be part of the cari.com ICT Bandar Malaysia thingy.
remember IWCITY and its surge?
this one too will surge at the right time.