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

Lewis Lee

1,693 posts

Posted by Lewis Lee > 2023-03-24 16:00 | Report Abuse

Their acquisition price are 0.36 as announced , so ... they will try to make profit out of it ....
How ? then we will see in the next few weeks drama .....
tak kan they want to push down to penny stock below 0.10 to hurt themselves ??

Besafe

1,289 posts

Posted by Besafe > 2023-03-24 16:02 | Report Abuse

End of the day this 3 NGs are conmen lo. This company is being manipulated by them and if you ever see them in person, maybe can throw some rotten eggs at their faces.

nicholas99

9,887 posts

Posted by nicholas99 > 2023-03-24 16:02 | Report Abuse

yes acquire at 0.36 but sold at higher price already.. haha. of course must make some losses to push down. but overall.i think he still win.

Lewis Lee

1,693 posts

Posted by Lewis Lee > 2023-03-24 16:04 | Report Abuse

I think they (or the gang behind) still need to settle the 2 brothers .. how ? hopefully in a businessman-like way ... you win I win ...
then they can plan M&A lah .... new projects lah .... in order to talk UP the share price (maybe ?) judging by what they did in greenpacket) ... don't you want this to happen ?? LOL

joyvest

10,533 posts

Posted by joyvest > 2023-03-24 16:04 | Report Abuse

EN sold his shares off market long ago but the two fellows have recently acquired their shares this week through pledges from 3rd Parties .who are the third parties ? The M Group is in disguise.

Lewis Lee

1,693 posts

Posted by Lewis Lee > 2023-03-24 16:07 | Report Abuse

No body knows what the hell will happen next .... but new gang come in... definitely new dawn / new game plan coming !! hopefully !!

Posted by Silent 88888 > 2023-03-24 16:08 | Report Abuse

it becomes a berhad with some business activity and dont have significant majority shareholders
maybe maybe it will become one of the goreng stock like previous MCO that time
a few related con berhad goreng together

nicholas99

9,887 posts

Posted by nicholas99 > 2023-03-24 16:09 | Report Abuse

of courses they get third party to help wash ma. impossible they sendiri sit in front pc to wash.

Besafe

1,289 posts

Posted by Besafe > 2023-03-24 16:11 | Report Abuse

EN couldn't care less. Probably now busy and planning setting up new company for listing.

joyvest

10,533 posts

Posted by joyvest > 2023-03-24 16:12 | Report Abuse

To put it this way, the two fellows so called " IT experts " (Leong and Teh ) are just nominees of the " M Group ", Basically, they are just the " puppets " of the M Group.

nicholas99

9,887 posts

Posted by nicholas99 > 2023-03-24 16:14 | Report Abuse

yes.. ipo earn more. :P

Lewis Lee

1,693 posts

Posted by Lewis Lee > 2023-03-24 16:18 | Report Abuse

End of the day, you still need to look at the fundamental of the company !
They have been making non-stop profit since IPO at Ace (except the last 2 quarters), then got transferred to Main board, with many banks, merchants as their anchor customers, with healthy ecosystem with end users, NTA ard 0.31cts, net cash company, used to be darlng stock by most funds ....
DO you think their business will just collapse over night ??

joyvest

10,533 posts

Posted by joyvest > 2023-03-24 16:19 | Report Abuse

Judging from the block, the M Group is challenging the market force to make it a penny stock....

joyvest

10,533 posts

Posted by joyvest > 2023-03-24 16:20 | Report Abuse

Even the most formidable bank can collapse over night.... Do you honestly it can not ?

Posted by Silent 88888 > 2023-03-24 16:21 | Report Abuse

huge block on 0.275

Lewis Lee

1,693 posts

Posted by Lewis Lee > 2023-03-24 16:22 | Report Abuse

YES ! Every companies can collapse overnight, i think you should worry more about those PN17 + loss making companies first then strong fundamental companies....

joyvest

10,533 posts

Posted by joyvest > 2023-03-24 16:36 | Report Abuse

The two fellows so called " IT experts " (Leong and Teh ) are just nominees of the " M Group " who have recently pledged their shares to them under certain conditions so basically, they are just the " puppets " of the M Group whether you like it or not.

Posted by tommypandaz > 2023-03-24 16:48 | Report Abuse

only bank that deals with mafia gang will continue to do their business with them, the public will find out soon

joyvest

10,533 posts

Posted by joyvest > 2023-03-24 16:51 | Report Abuse

Exactly, The bankers and others are bound by the Anti-Money Laundering, Anti-Terrorism Financing and Proceeds of Unlawful Activities Act 2001 (AMLA) , do you honestly believe the bankers and others wanna associate themselves with the M-Group ?? Are you nut or what?

joyvest

10,533 posts

Posted by joyvest > 2023-03-24 17:11 | Report Abuse

If you have checked properly , all the shares being pledged to the two fellows ( Leong and Teh ) are from M-Group. When these two fellows ( so called IT experts) are made as executive directors who are also seen to be holding substantial shareholdings in the company, it creates a good impression and confidence that the two fellows are seriously committed to turn the company around.

What a good camouflage and disguise in display ! As said, you can fool Tom, Dick and Harry, but you cant fool the Market.

Posted by EatCoconutCanWin > 2023-03-24 17:45 | Report Abuse

Still can buy in call? Seem bottomless is near

joyvest

10,533 posts

Posted by joyvest > 2023-03-24 17:53 | Report Abuse

Don't tell me you wanna average again?

Posted by EatCoconutCanWin > 2023-03-24 18:42 | Report Abuse

I have no road . Need advice

Lewis Lee

1,693 posts

Posted by Lewis Lee > 2023-03-24 19:51 | Report Abuse

Just announced :- Dino NG acquired 16 mils on 21-3-23 !!
Interesting ! Ng bros ' gang vs "mafia gang" ?? both gangs also acquiring .... but share price dropping ???

Lewis Lee

1,693 posts

Posted by Lewis Lee > 2023-03-24 19:52 | Report Abuse

joyvest, how you interprete this ?? lol

Selina888

306 posts

Posted by Selina888 > 2023-03-24 20:00 | Report Abuse

Luckily sold earlier ,way before the drama happened. Will not touch anymore.

Lewis Lee

1,693 posts

Posted by Lewis Lee > 2023-03-24 20:07 | Report Abuse

https://www.youtube.com/watch?v=3Yep_unpEUs
Joyvest, your green vege fren is still so confident and keep buying woh !! lol

Posted by NatsukoMishima > 2023-03-24 20:14 | Report Abuse

Last 2 years a lot of youtuber recommend this stock but all are hiding in lubang buntut already ! Ha ha ha just like serba

Syndicates

884 posts

Posted by Syndicates > 2023-03-24 20:22 | Report Abuse

see the buyer queue, becoming hong seng number 2 already, u know the consequence lor

Besafe

1,289 posts

Posted by Besafe > 2023-03-24 20:24 | Report Abuse

What is the duo bros doing. Disposed 714,200 then acquired back 16,842,700? Want to fight Eddie Ng mafia gang? Hahaha

flyhub888

553 posts

Posted by flyhub888 > 2023-03-24 20:33 | Report Abuse

only stupiak will hold this kind of stock .. stock like this cant touch. u guys are gambling not investing

Lewis Lee

1,693 posts

Posted by Lewis Lee > 2023-03-24 20:54 | Report Abuse

One interesting facts i discovered just now, their total share number is 482 millions, the Buy queue at 0.275 as at 5pm is 227 millions ! Meaning a very huge fund is waiting there and whoever dump all 227 mils to them , they could instantly trigger mandatory offer rule to take the whole company private !!
0.275 price is too dirt cheap to take the whole company private considering their NTA is already 0.31 and ... not yet valueing their potential business value !!

GregBursa

56 posts

Posted by GregBursa > 2023-03-24 21:13 | Report Abuse

Pls check out this new video talking about this counter https://youtu.be/3Yep_unpEUs

Income

12,307 posts

Posted by Income > 2023-03-24 22:11 | Report Abuse

2023-03-22
Blog
Revenue Group Asks CEO Danny Leong to Reconsider Resignation

2023-03-22
Insider
Notice of new substantial holder - MR LEONG SENG WUI on 21-Mar-2023.

2023-03-22
Insider
Notice of new substantial holder - MR TEH CHEE HOE on 22-Mar-2023.

Income

12,307 posts

Posted by Income > 2023-03-24 22:21 | Report Abuse

Joyvest, what you said earlier, 1 by 1 is happening now. Really scary here. Gloomy Doom days here

joyvest

10,533 posts

Posted by joyvest > 2023-03-24 23:08 | Report Abuse

The lady Youtuber was incorrect for the 2nd factors.

The shares acquired by the two fellows ( Leong and Teh) are basically the pledged shares from M Group who acquired cheap from EN off market earlier on.

The M group want to take full control of the BOD but are reluctant to acquire shares open market cos its expensive to do so. Hence,they resorted to acquire the shares from EN cheap off market . The next step is to pledge their shares to the two fellows.Their purpose is just to convince the market that these two fellows so called " IT experts" with substantial shareholdings are serious to turn the company around in disguise.

Posted by NatsukoMishima > 2023-03-25 05:53 | Report Abuse

All tbe youtuber can not pakai one!

Income

12,307 posts

Posted by Income > 2023-03-25 07:54 | Report Abuse

Pang72, you collect this stock kah?

joyvest

10,533 posts

Posted by joyvest > 2023-03-25 09:27 | Report Abuse

Recently , a number of ex- law and enforcement officers such as ex- police heads, ex-DPP ( Deputy Public prosecutors ) etc etc have been appointed by Mafia Group ( M Group ) as non-independent directors sitting the BOD . Why? it is because they want to be portrayed and seen as " the Good " gangs with the participation of those ex law and enforcement officers . Honestly speaking, do you really believe that ?

Secondly , it is their strategy to mitigate the impact of the on-going investigations on them. The current investigation officers in charge could be friendly to the M Group due to the presence of the ex law and enforcement office on board. All these are displayed in disguise.

Posted by redhotpepper > 2023-03-25 09:38 | Report Abuse

It could be bwk is awaiting for cheap sale to buy more, this could happen.

joyvest

10,533 posts

Posted by joyvest > 2023-03-25 10:34 | Report Abuse

Another interesting fact is that there was a huge block of 220 million +++ shares queuing to buy at RM 0.275 yesterday afternoon.

Who created such a huge block? Could it be the Duo ( Dino& Brain), or the M Group or 3rd party friendly to the duo or 3rd party friendly to M Group or another independent 3rd party ( 3rd unknown force ) ?

From the insider news, Dino acquired 16 millions++ back to replenish his shareholdings to 14.21% ( He used to hold 17.71% singly ). It is believed the the M Group is holding about 12%-15% through proxies . Their main proxies now are basically the two fellows so called " IT experts" by the names of Leong and Teh who are having the pledged shares collectively about 12% .

From the above basis ,both the Duo and M Group are believed to be fighting for more shares to take full control . Once either of both parties has managed to reach shareholding of 33% or more , that party will be able to trigger " Mandatory take -over ".

In my view, it could be another 3rd force to join in with the huge block to prevent both parties from reaching the required number to trigger the mandatory takeover or the agenda of the 3rd force is just to protect its own interest by preventing the share from being further depressed and plummeted to penny stock. Thats why the lady youtuber has swiftly posted for a " buy call".

Nevertheless, it is interesting to see if the block will continue to be present next week or not . Yes or No, you should know what to do next .........

cytew

1,610 posts

Posted by cytew > 2023-03-25 11:29 | Report Abuse

都说了,高人设计的 “草船借箭之计” 真正市场以低价吸收恐慌投资者抛售出来的票 ....。

cytew

1,610 posts

Posted by cytew > 2023-03-25 11:37 | Report Abuse

都说了,高人设计的 “草船借箭之计” 正在市场以低价吸收恐慌投资者抛售的票 ....。

cytew

1,610 posts

Posted by cytew > 2023-03-25 11:39 | Report Abuse

因为人类天生的性情都是脆弱的,因此在市场制里造恐慌远比鼓动士气更轻而易举 !

cytew

1,610 posts

Posted by cytew > 2023-03-25 11:41 | Report Abuse

股市如战场,投资者有如八仙过海,各出其招,胜败就得看各自的功力强弱吧!输不起者,就不要进场,因为在市场里的战士不会怜悯你的。

sampooler

664 posts

Posted by sampooler > 2023-03-25 11:48 | Report Abuse

Mafia要用最低的成本去拿到最大的利益。Mafia 意思是 control

sampooler

664 posts

Posted by sampooler > 2023-03-25 11:50 | Report Abuse

但mafia也有低潮期,不一定赢完

joyvest

10,533 posts

Posted by joyvest > 2023-03-25 11:55 | Report Abuse

It can not be denied that both parties ( the duo and the M Group ) are capitalising on the fear of the the panicky chicken heads throwing cheap tickets to them.

To counter this, a 3rd force is believed to have stepped in with the huge block to prevent both parties from achieving their agendas.

joyvest

10,533 posts

Posted by joyvest > 2023-03-25 12:00 | Report Abuse

It is interesting to see which party will trigger a " mandatory take-over" . The Duo ? or the M Group ? or the unknown 3rd Party ? well well well , the climax of the drama has just begun.......

joyvest

10,533 posts

Posted by joyvest > 2023-03-25 12:07 | Report Abuse

Have you heard of a saying ? " When two dogs strive for one bone, a third runs away with it" . To put it another way, when the duo and M Group are fighting for more shares at the depressed price , the third party like the youtubers and followers stand to benefit from it too.

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