Revenue is for long term, because cashless business is new trend since last year, many people still not familiar with this business. This business is like “planting durian trees”, small margin for “each trees”, but after “planting whole orchard” for few years, you got thousands of trees and the harvest will come soon.
QR won’t able to fully replace or eliminate Cashless, because credit cards give a lot of benefits such as cash back for grocery, dining and petrol. Sometimes Visa or Master gives some discounts for using their cards, so certain people will continue to use cashless. And don’t forget, majority of the vendors using EDC terminal machine to scan our e-wallet QR instead we scan their QR to pay, so anyhow still have to go through EDC terminal.
REVENUE cashless cannot grow ady, their ecosystem is more hopeless as I rmb mgmt said will promote their app on last november but delayED until now. I wonder who will abandon tng/shopee n use their ecosystem apps wakakaka dreamming
New wallet app for wat. do u think can compete with tnb n boost n shopeepay? this company sell machine only to generate more income, if without this is GG, Buy Square better la
ewallet charging 0%-0.5%, CC charges 2-3% + terminal rental most shops already stopped accepting CC/debit cards no point to lease revenue terminal if no longer accepting CC/debit cards
Come on la. Ewallet all also lias with Revenue la. E-banking, alipay, revpay, paynet(duitnow QR) all also. Check this out. https://www.revenue.com.my/alipay
I realized one thing about white machine (Revenue) and black machine (GHLSYS), last year until early this year mostly vendors are using Revenue, but past 1-2 months, I realized vendors macam start back to GHLSYS, is there any policy changes that between Revenue and Vendors? Or GHLSYS giving incentives to vendors?
This company has no moat, whatever advantage they claim to have will become obsolete soon. Rubbish valuation for a company with limited growth, boss accepting interviews to sell you a dream
The CEO last sold a small portion of his shares on 25th Oct 2021.
I think the share slide has nothing to do with him.
Besides that, Q4 result was bad due to MCO period whereby less people are transacting via e-wallet and most malls + shops are closed during the period. Currently, MCO is already phase 4, expected the numbers to surge in next few quarters due to ease of movements and higher e-wallet transactions as shopping malls and retailers are open for biz.
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....
Trademou
188 posts
Posted by Trademou > 2021-09-17 11:48 | Report Abuse
Revenue is for long term, because cashless business is new trend since last year, many people still not familiar with this business. This business is like “planting durian trees”, small margin for “each trees”, but after “planting whole orchard” for few years, you got thousands of trees and the harvest will come soon.