REVENUE GROUP BERHAD

KLSE (MYR): REVENUE (0200)

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Last Price

0.15

Today's Change

+0.005 (3.45%)

Day's Change

0.145 - 0.15

Trading Volume

372,900


11 people like this.

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

Posted by redhotpepper > 2023-03-10 08:24 | Report Abuse

Boleh dikatakan habis wayang. Let's move on to other counter.

I pitied retailer who was trapped during the digital licensing thingy.

nicholas99

9,887 posts

Posted by nicholas99 > 2023-03-10 08:57 | Report Abuse

sell share run road liao.

Income

12,307 posts

Posted by Income > 2023-03-10 09:18 | Report Abuse

Someone is siphoning??? But we don’t know how…
https://www.facebook.com/reel/500686988943370?mibextid=0NULKw&fs=e&s=TIeQ9V

nicholas99

9,887 posts

Posted by nicholas99 > 2023-03-10 09:20 | Report Abuse

do some trick with accounting. just like serbadk. if not how to siphon.

Income

12,307 posts

Posted by Income > 2023-03-10 09:24 | Report Abuse

Duo flirtingg with paper lady…
https://www.facebook.com/reel/931199214917934?mibextid=0NULKw&fs=e&s=TIeQ9V

Posted by redhotpepper > 2023-03-10 09:29 | Report Abuse

Next time is opportunity for voting, I am sure to make the right vote and ensure the continuity of business with good gobernance. Say no to crook, say no to capati.

Income

12,307 posts

Posted by Income > 2023-03-10 09:30 | Report Abuse

I cut loss. Lost 50k for this stock. Really crazy company. With mafias coming in, I think later I will get total loss. Now go out I still can get back something at least.

Posted by redhotpepper > 29 minutes ago | Report Abuse

https://www.theedgemarkets.com/article/revenue-group-ceo-eddie-ng-no-longer-substantial-shareholder-goodway

Posted by redhotpepper > 2023-03-10 09:30 | Report Abuse

Oh ya, say n o t o m a f i a a l s o....

Income

12,307 posts

Posted by Income > 2023-03-10 09:35 | Report Abuse

Edy slowly out already. Don’t simply follow mafia here… bad for us bilis…
https://www.facebook.com/reel/897916674779612?mibextid=0NULKw&fs=e&s=TIeQ9V

Posted by redhotpepper > 2023-03-10 10:20 | Report Abuse

Is Revenue a top ten payment gateway provider in Mehsia ?

ChunWong93

600 posts

Posted by ChunWong93 > 2023-03-10 10:55 | Report Abuse

Internal top-line management reorganization. High chance this company will be taken over...

Posted by redhotpepper > 2023-03-10 11:30 | Report Abuse

high chance will end up like those plco too, you know what I mean

joyvest

10,533 posts

Posted by joyvest > 2023-03-10 12:57 | Report Abuse

It is believed that margin call for EN and he was desperate to off load all the shares in goodwill co

nicholas99

9,887 posts

Posted by nicholas99 > 2023-03-10 13:00 | Report Abuse

price now worse than mco time. lol.

nicholas99

9,887 posts

Posted by nicholas99 > 2023-03-10 13:01 | Report Abuse

回本的路途很遥远

nicholas99

9,887 posts

Posted by nicholas99 > 2023-03-10 13:07 | Report Abuse

For the current financial quarter ended 31 December 2022, the Group recorded a lower revenue by approximately RM15.92 million, mainly attributed to the decrease in the revenue from the EDC segment by approximately RM4.79 million driven by the lower revenue from the sale of EDC terminals due to no sale of EDC terminals during the current financial quarter, lower rental income by approximately RM0.87 million arising from the downward revision on the rental rate per unit with the partner banks and lower income from the electronic transaction processing segment by approximately RM10.38 million due to the accrual and repayment of outstanding transaction settlement amounted to approximately RM9.19 million during the current financial quarter under review.

For the current financial quarter ended 31 December 2022, the Group recorded a LBT of RM14.77 million as compared to a LBT of RM2.47 million in the immediate preceding financial quarter ended 30 September 2022 mainly attributed to the lower revenue generated from the business activities which was unable to cover the Group’s fixed operating cost coupled with higher administrative expenses, finance costs and lower other income.

Phoebe

455 posts

Posted by Phoebe > 2023-03-10 13:51 | Report Abuse

WHAT!!!!? No Sales of EDC terminal for current quarter? 3 months and didn't even sell a single unit? U kid me not.
& downward revision on the rental rate per unit. Oh Dear!!!....profit is shrinking. It is only going to get more competitive and hence reduce in profit margin

Posted by redhotpepper > 2023-03-10 14:37 | Report Abuse

What to expect, not even in the top 10 payment gateway provider co. I think even if duo manage to tussle away control of board also it can go down south very soon and not going to come up again in nearest future for a long long time. And some group have other intention in the co, Good luck to the co.

Income

12,307 posts

Posted by Income > 2023-03-10 15:54 | Report Abuse

Mr. A thinks he is smart, but Mr. B is even smarter (FOC drink).
https://www.facebook.com/reel/1543754226117682?mibextid=0NULKw&fs=e&s=TIeQ9V

Posted by redhotpepper > 2023-03-10 16:02 | Report Abuse

Maciam tarak betui, most counter goes south, this one still sideway? So many customers paying for goods at retail shop ???? hmmmm....fishy....

neonstrife

466 posts

Posted by neonstrife > 2023-03-11 03:24 | Report Abuse

Scary counter , High chance EN is out … Get ready for tbe water fall…..

Income

12,307 posts

Posted by Income > 2023-03-11 07:05 | Report Abuse

Better bela katak daripada sokong Bros atau Edy???
https://www.facebook.com/reel/509384747938434?mibextid=0NULKw&fs=e&s=TIeQ9V

Income

12,307 posts

Posted by redhotpepper > 2023-03-11 07:25 | Report Abuse

Buyer and seller might be same person right now

joyvest

10,533 posts

Posted by joyvest > 2023-03-11 09:34 | Report Abuse

It is believed that EN was in a desperate move to dispose of all his shareholding in goodway co in order to finance his margin call in RGB. RGB's share price is expected to continue to be depressed further, more margin call for EN is expected as a result of which EN is expected to continue to offload his shareholding in RGB until his shareholding is minimal to be negligible to the extent that the duo would make a return to control with their substantial shareholding. However, the recalcitrant EN would not let the duo return to the Board easily, he is believed to collude with the Mafia Group by disposing of his shares to them cheap off market with the main agenda to block the return of the duo to office.

The tussle is not over and the turbulent is getting more and more intensified from now.

Posted by PorridgeRice > 2023-03-11 11:46 | Report Abuse

so basically Revenue group is a time bomb now, may explode and die any moment, or the opposite. so this is pure gambles now. win and you laugh, lose and you cry. think again and again guys before buying in.

willc48

722 posts

Posted by willc48 > 2023-03-11 11:56 | Report Abuse

if you are smart investor, where the business is managed by brothers fighting each other, better get out. i learnt my lesson. Revenue Group is gone.

Income

12,307 posts

Posted by Income > 2023-03-11 13:08 | Report Abuse

Edy and Bros all show no respect for shareholders here…
https://www.facebook.com/reel/1405129663639520?mibextid=0NULKw&fs=e&s=TIeQ9V

Income

12,307 posts

Posted by redhotpepper > 2023-03-11 20:19 | Report Abuse

Can it benefit from China re-opening???

Already making loss from overseas ecormerce claim. If like this, the more presence it has overseas, can it become more debt ???

Todei was shipping and paying with card, the machine seems to be from competitor. How to make breakthrough, I think I start to understand why duo wanted to divest. Too many player in market now.

joyvest

10,533 posts

Posted by joyvest > 2023-03-12 12:06 | Report Abuse

The duo know very well that the E payment gateway market has been saturated. The duo planned to expand to overseas emerging markets like Eastern Asia but it was not materialised in the end.

Thats why the duo has proposed a new venture like property development and management for steady growth and income.

flyhub888

553 posts

Posted by flyhub888 > 2023-03-12 16:09 | Report Abuse

PN17 SOON

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

PN17? Not that fast Asset more than debt right now, still can manage for the coming months. After that, its anyone's guess perhaps.

Posted by redhotpepper > 2023-03-13 09:15 | Report Abuse

eh ini counter harga bila mau jatuh la?

Besafe

1,289 posts

Posted by Besafe > 2023-03-13 09:49 | Report Abuse

Pariah EN also hiding liao. Last time his fb day day show off what awards he is getting. Commen company of the year. Now the bros also taking opportunity to gasak more. Haha

jack2

1,359 posts

Posted by jack2 > 2023-03-13 09:56 | Report Abuse

another lost like last quarter, net debt liao
high chance is going into net debts based on last few quarter results

joyvest

10,533 posts

Posted by joyvest > 2023-03-13 10:47 | Report Abuse

If RGB keeps on making losses, its shares will continue to be depressed and its accumulated retained earning will be depleted to the extent that dividend can no longer be distributed due to insufficient reserve. Some thing positive need to be done fast and steady. Who can do it ?

Gathered from the way it goes, nothing positive is being done by the incumbent but some thing will be done by the Duo if only the duo legitimately take over control of BOD. Until then, the show of loggerhead is insidious day in and day out..................

ChunWong93

600 posts

Posted by ChunWong93 > 2023-03-13 10:51 | Report Abuse

PN 17 ---> white knight found ----> taken over

future

411 posts

Posted by future > 2023-03-13 11:15 | Report Abuse

Yes, MACC gang

Posted by Steve Lomas > 2023-03-13 12:12 | Report Abuse

sigh, stock price RM0.365 now

joyvest

10,533 posts

Posted by joyvest > 2023-03-13 12:26 | Report Abuse

Margin calls for EN is underway and he is expected to sell more of his shareholdings cheap off market again and again. EN is paying a very very high price for his loggerhead with the Duo...

Posted by skyinvestor > 2023-03-13 12:51 | Report Abuse

before any of you panic sell, why not check out this video, it cover this stock too https://youtu.be/ciIZgGhgvR8

sh0cklife

76 posts

Posted by sh0cklife > 2023-03-13 14:38 | Report Abuse

looks like duo are gonna succeed

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