REVENUE GROUP BERHAD

KLSE (MYR): REVENUE (0200)

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Last Price

0.15

Today's Change

0.00 (0.00%)

Day's Change

0.15 - 0.15

Trading Volume

457,700


11 people like this.

10,253 comment(s). Last comment by Besafe 3 days ago

sigma404

51 posts

Posted by sigma404 > 2023-03-01 11:03 | Report Abuse

All bad news in the same time, cleaning all the rotten fish in one shot... everything should turn out better soon

future

411 posts

Posted by future > 2023-03-01 12:01 | Report Abuse

Finally sigma404, talks it right!
Understand this 0.37 is IPO price to, so good news to buyers now

Posted by lingrecord > 2023-03-01 12:12 | Report Abuse

most retail already flush out for now, time to go green once everything is settle down

Hotstuff

3,291 posts

Posted by Hotstuff > 2023-03-01 12:20 | Report Abuse

yes..first batch water fish are out. 2nd batch jumping in

Posted by EatCoconutCanWin > 2023-03-01 12:51 | Report Abuse

May I know is there a hope for revenue? Pls honestly someone tell me

Income

12,314 posts

Posted by Income > 2023-03-01 13:07 | Report Abuse

Brothers unclogging the… money dries up faster than you can think
https://youtube.com/shorts/cJmiL0mhkLw?feature=share

sigma404

51 posts

Posted by sigma404 > 2023-03-01 13:26 | Report Abuse

The brothers need to go before we start seeing hope !

fortunefire

1,515 posts

Posted by fortunefire > 2023-03-01 13:27 | Report Abuse

maybe still got hope if turning into property development business

ZephLim19

20 posts

Posted by ZephLim19 > 2023-03-01 13:32 | Report Abuse

I've said this many times before, Eddie will sell his shares before any financial announcement based on poor financials. True and behold, he sold over 14 million shares on Monday using insider information and front-run all of you on the 27th February before the financial results are released are 28th February. I also said the share price will collapsed to 30 sens and it is happening now. Think I am giving random and useless information just to sway those votes? Think again. Eddie Ng now is urgently offloading more shares...more selling pressure to come. If you trust Eddie as the management team, here's what you end up with.

fortunefire

1,515 posts

Posted by fortunefire > 2023-03-01 13:37 | Report Abuse

is there any guru-guru still dare to recommend this stock in youtube?

fuyohpuyo

83 posts

Posted by fuyohpuyo > 2023-03-01 14:14 | Report Abuse

Hahaha, I don't trust them with property devlopment with all the havoc the brothers had causes

fuyohpuyo

83 posts

Posted by fuyohpuyo > 2023-03-01 14:20 | Report Abuse

Maybe if the big "property tycoon" behind the brothers dare to show faces to the public la or nobody else will believe them

Posted by trustmenojoke > 2023-03-01 14:31 | Report Abuse

gg this counter. die die die.

Posted by redhotpepper > 2023-03-01 14:49 | Report Abuse

eh, suddenly @zephlim appeared, so when will 30 sen coming?

joyvest

10,533 posts

Posted by joyvest > 2023-03-01 14:54 | Report Abuse

He got the point. EN did offload his shares privately ( not openly ) before the release of QR loss situation. Do you consider such act as insider trading ? Pretty obviously, right ?

YapJH

160 posts

Posted by YapJH > 2023-03-01 15:17 | Report Abuse

Zero sale of EDC is quite a normal scenario. I remembered it happened before when bank didn’t buy.

The interesting thing from the quarter result is this one… “The income from the electronic transaction processing segment decreased by approximately RM13.25 million mainly due to lower average value per transaction processed and the accrual and repayment of outstanding transaction settlement to an oversea online merchant amounted to RM9.16 million.”

Can the revenue insider team enlightened us how is it possible that the revenue from the electronic transaction is in negative? Isn’t the money received and payment to merchant should be matching one? Too busy leaking information and forgotten to close the accounts?

1cent view… now the pictures looks a bit clearer why the Ngs brother want to kick out the existing team and even the auditor during the AGM… the one and his side-kicks that manage the finance didn’t do a proper job and want to stop others to blow up the problem, because they are the biggest shareholders and at the 30sen as mentioned by the loyal employee… their wealth will diminish further. Dino sell more shares at higher price and buy back at lower price like an operator, I don’t believe they don’t have the financial information given that their trusted loyal insider employee have accessed to it?

Besafe

1,289 posts

Posted by Besafe > 2023-03-01 15:17 | Report Abuse

Each time before qr or any major announcements this pariah EN sure disposed his shares. Now with the on going fighting with the 2 bros, this counter is aa good as game over! Conmen company of the year.

sigma404

51 posts

Posted by sigma404 > 2023-03-01 15:24 | Report Abuse

hehehe, no such thing as revenue insider employee lah, just paid actors

Posted by redhotpepper > 2023-03-01 15:59 | Report Abuse

@YapJH thanks for the info, very enlighting, where is the insider employee? please verify, or its just another paid actor ?

Income

12,314 posts

Posted by Income > 2023-03-01 16:01 | Report Abuse

Fancy stone…
https://youtube.com/shorts/kprAcS2Y670?feature=share

joyvest

10,533 posts

Posted by joyvest > 2023-03-01 16:40 | Report Abuse

There is nothing's wrong for the duo to dispose of shares and buy back cheap thereby increasing their shareholdings. but look at EN's current shareholding which has been gradually diminishing to be negligible soon. He just sells and doesnt bother to buy back no matter how cheap it is. He has directly sent a message to the market as if he has lost faith and confidence in the Company .

YapJH

160 posts

Posted by YapJH > 2023-03-01 17:49 | Report Abuse

It is absolutely nothing wrong to sell high buy low. But you need to look at the quantum disposed vs quantum purchase. Dino sold more than he buy back.

Your next argument will then be his nominee is buying on his behalf, then what make you thinks that Eddie dispose is not his nominee pick up? I look at Eddie disposal pattern, quite a number of his shares is via off market whilst Dino is open market.

If the nominee is picking up the shares, it is very expensive to transact via open market as it involves transaction cost (both sides) and also the chance of the shares will be taken by others, thus losing the shares and increase the cost (need to buy back the loss shares at market price).

Posted by lingrecord > 2023-03-01 18:06 | Report Abuse

long story short, the 2 brothers end up does more harm than good to the company which everyone are going to agree

Posted by EatCoconutCanWin > 2023-03-01 19:24 | Report Abuse

8TV called Eddie for live interview regarding top 5 new company award

neonstrife

466 posts

Posted by neonstrife > 2023-03-01 20:32 | Report Abuse


I've said this many times before !!!!!
Hahaah… when employee protect the duo to the max just to cover the damage they bring to revenue investors.

AlfI3

1,289 posts

Posted by AlfI3 > 2023-03-02 04:42 | Report Abuse

It is kidding? Revenue is no more new comp, how can 8TV select him?

Posted by EatCoconutCanWin > 2023-03-02 08:16 | Report Abuse

Revenue group selected to import eggs from India 10million eggs per year

jack2

1,359 posts

Posted by jack2 > 2023-03-02 08:25 | Report Abuse

everyday, new low
die die holding and die die

Posted by redhotpepper > 2023-03-02 08:33 | Report Abuse

Everyday new low until the duo satisfied with the game of throne. BwK will be crowned as what then ? Owed money to an oversea online merchant until 9mil++. This I also cannot gulp down as to how this can happen. What this oversea merchant selling ya, selling gold bar ?

Posted by EatCoconutCanWin > 2023-03-02 09:10 | Report Abuse

Wow.. owed a lot money. This is ridiculous

nicholas99

9,887 posts

Posted by nicholas99 > 2023-03-02 09:13 | Report Abuse

sure la. if not the director sell share for what? run road liao.

jack2

1,359 posts

Posted by jack2 > 2023-03-02 09:24 | Report Abuse

True, last 2Q results showing its heading toward PN17
30 over cts is still good money

Besafe

1,289 posts

Posted by Besafe > 2023-03-02 09:34 | Report Abuse

Conclusion, all conmen la this company. Earlier price shoot up to rm 2.40 also due to goreng and speculation after listening to their webinars. Last time this bwk EN day day come out talk about how steady this company will be. And always asked investors to buy! Now his fb also hilang! This fella talk nonsense good.
And now on going fued with the 2 bros making it worst. From making money now losing money each quarter!

Posted by redhotpepper > 2023-03-02 10:21 | Report Abuse

I think the duo are bent on winning the fight and are bent on diversifying to proptech no matter what. So its an "lose lose" situation now.

Pity the retail investor who still holding massive share of this counter when it is flourishing with good news pushed by the bWk.

Payment gateway are saturated market. I hope revenue have a better plan for the future of their business, not just want diversify to something which many are already doing but not going anywhere, just sideway only.

Posted by redhotpepper > 2023-03-02 10:36 | Report Abuse

Looking at rev pay punya website, so dull website, how to capture potential customer. If I ere business owner, I would definitely pick the competitor.

Posted by EatCoconutCanWin > 2023-03-02 11:22 | Report Abuse

Lai liao upup

ChunWong93

600 posts

Posted by ChunWong93 > 2023-03-02 11:42 | Report Abuse

start goreng up again

MiaChin

67 posts

Posted by MiaChin > 2023-03-02 12:17 | Report Abuse

Well, if you said bad. I will disagree la, some of the area starting to convert rev qr pay. Recently just visit some UOA development, they are using rev qrpay for parking.

MiaChin

67 posts

Posted by MiaChin > 2023-03-02 12:22 | Report Abuse

Anyhow will be more concern on what happen next. The problem now is internal politics.

Eric Fong

1,196 posts

Posted by Eric Fong > 2023-03-02 15:11 | Report Abuse

eWallet Boost using Revpay, TNG reload using Revpay, NSK using Revpay...

Posted by redhotpepper > 2023-03-02 15:44 | Report Abuse

Still awaiting for the AGM to post the question "why Owed money to an oversea online merchant until 9mil? why online retailer was that ? How come can owe so much? Beli emas ka ? Who is that overseas online retailer?? bla bla bla......" The list goes. Then when come voting time, i will know what to vote ma.

Posted by EatCoconutCanWin > 2023-03-02 16:14 | Report Abuse

Bo lat, seem like GG

Posted by redhotpepper > 2023-03-02 16:26 | Report Abuse

All the institutional investors sudah run2liao. Now left retail3r investors, profittaker, abang adik dan bWk dan geng yang sewaktu dengannya.

fuyohpuyo

83 posts

Posted by fuyohpuyo > 2023-03-02 16:29 | Report Abuse

everyday flush out all the bilis & retail, now ez to goreng by operators

sigma404

51 posts

Posted by sigma404 > 2023-03-02 16:41 | Report Abuse

At least still holding above IPO price la, if change to property developement, I doubt it will stay above lol.

Posted by redhotpepper > 2023-03-02 16:44 | Report Abuse

Is revenue selling off its technology arm ????

winetime

527 posts

Posted by winetime > 2023-03-02 17:19 | Report Abuse

Don't think so, unless the brothers take over the company

joyvest

10,533 posts

Posted by joyvest > 2023-03-02 19:11 | Report Abuse

Oversea supplier could probably be fake . The idea was to siphoned out the money.

ikatt3pi

36 posts

Posted by ikatt3pi > 2023-03-02 22:44 | Report Abuse

Thanks to the Duo bro lor, greedily jack up the operation expenses and feed their own members fat fat... So maybe in early Feb they already know the terrible QR from their Finance Dept's members, so they quickly sold their share in mid Feb.

Income

12,314 posts

Posted by Income > 2023-03-03 02:26 | Report Abuse

The seller said his grandfather kept the stone for 100 years. He said the stone was worth more than a million dollars.
The buyer said Cut it open. Oh! Just a Fancy junk stone!
The buyer said It was worth 1 million before you cut it open. Your grandfather was trying to teach you a lesson on how everything should be viewed. The seller just dishonored his grandfather in a single cut.

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