Management buyout from the duo is proposed. Whether the duo are willing to let go remains to be seen . I bet their asking price is far more than the market price. Nego is ongoing.....
The fire was heating up by the duo. now suddenly go to minum coffee. MACC must found something solid and suspicious. To get back share go strong again. I will definitely vote the duo out.
We might not able to change to share holding but we can make some change if they are doing headcount voting at coming EGM, We just vote for company level and decline the decision make by Ng's Brother.
From news, 2Ng was "arrested" not "summoned for investigation". Is the media reported accurately? If yes, then we might need to expect 400million write off or will it still recoverable?
400K only, who knows, it might goes beyond. Itu la, bila tiap2 tahun untung, tamau kasi dividend, sekarang sudah rugi, lagi tamau kasi dividend la.
Next time want play play with wom3n o m0ney, make sure to do it with own $_$ and own resource la. Ini sampai kireta pun mau sapoo, integriti sudah masuk longkang la ini maciam....
@Income, jadi manusia kena banyak bersabar. Yang turun pasti naik semula, yang naik pastu akan turn satu hari, bersabar. Tapi like you say, manyiak jilaker punya abang adik.... wish them "All the best" and "Good luck"!!!
recipe for disaster 1) losses last quarter, if continue nest few Qs 2) losing party disposed in open market next few months if the above happened, tp30
Brothers, you mainn pompuan, you are permitted but don’t disturb Rev co. Brothers, You disturb Rev, your share prices also go down, you also lose lah. Nobody gain lah. Brothers, you Understand kah?
Are they really short of money? Hmmm, macam2, scammy type, con type, foxy type, "this company belongs to meet" type, drama type, behind fren2 type, macam2 ada, u name it, sure ada
Will get some portion if drop to 0.55. Not sure about Eddie is victim or not, but If MACC belanja two of the brothers drink coffee means this two brothers must having some problem. 20 box of doc, it could be client details and others.
Remove Ng's brother and bring in white knight. Ng's brothers (Brian and Dino) is unforgiven, not sure they going to make any trouble at the coming EGM but to protect share price and bringing in white knight. Remove them from BOD is the best decision for all investor.
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....
alenac
2,655 posts
Posted by alenac > 2023-01-29 14:10 | Report Abuse
wow so many cases of theft, in commercial sectors as well as the government. Especially uncovered during pandemic?
Income
https://klse.i3investor.com/web/blog/detail/savemalaysia/2023-01-27-story-h-300077488-Revenue_Group_confirms_arrest_of_two_suspended_directors_by_MACC_over_a
OMG NO EYES SEE……….