Revenue listing in main board will allow big fund come in includes those international fund. By that times, his share price will further shoot up and easily above rm2 (assume same PE like GHL 126PE)..wow
Another negative news for you guys to consider, understand that RGB is looking at to purchase JFApex and it was been query by regulators... watch out for this news
This counter is now hit by some business road blocks:
1) Lost AmBank account: RGB is longer a partner with Ambank, also understand that the automation of monthly terminal rental collection has been ceased by the Bank, therefore all salesman have to collect rental manually.
2) FDMS: it seems their till-up with FDMS also down to drain. RGB wanted to become FDMS Payment Facilitator or TPA, by till now never happen, and FDMS merchant recruitment also slow down.
3) Left OCBC Master Merchant (MM): all the while, OCBC is not aggressive in Merchant recruitment, and approval is slow and steady.
4) Engaging 3rd Party Agent to Sign Merchant: from reliable sources, RGB is payment RM300 per successful approval merchant to the Agent, wow and is creating lots to OPEX.
From the above 4-points, you may decide still want to invest into this counter, and this counter no longer brings you to the next level, because their 40% of the income is depending on EDC terminal rental, and next 40% of income is transactions fee which we called MDR fee income, with all these losing business activities, how RGB profit can sustain? Question for you to ponder.
We are hosting an online retail investor briefing through Zoom for the ACE Market public listed company Revenue Group Berhad on 19 December 2020, Saturday morning from 10 am to 12 noon.
This online registration works on a first-come-first-served basis and we are only accepting a maximum of 100 participants to ensure that a truly interactive, quality meeting with the senior management team of Revenue Group Berhad will take place.
to be fair. 1) for e-commerce payment, is there any other company doing this besides REVENUE & GHL 2) is there any conflict with touch n go e-commerce environment. If do, which company touch n go buy from for the qr machine etc. 3) what does the advantage REVENUE have competing with GHL
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....
cbkia4896
936 posts
Posted by cbkia4896 > 2020-11-27 15:20 | Report Abuse
Ya, if your buy in below rm1.2 ish it's ok. Will bring u up soon one. Chill je