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

B4b4

7,593 posts

Posted by B4b4 > 2023-06-06 12:44 | Report Abuse

With the acquisition of Innov8tive Sdn Bhd, this stock is good long term investment

Posted by EatCoconutCanWin > 2023-06-06 13:43 | Report Abuse

Conman company always a con company. Scam company. Please list this company in alert, black list it. Don't give such company in bursa , it bad image of Malaysia.

ChunWong93

600 posts

Posted by ChunWong93 > 2023-06-06 15:13 | Report Abuse

Goreng goreng. But be careful not to rush in and chase high

Ahead1268

768 posts

Posted by Ahead1268 > 2023-06-06 17:29 | Report Abuse

🤔moving into auto pilot move soon!

ChunWong93

600 posts

Posted by ChunWong93 > 2023-06-07 12:42 | Report Abuse

Wonder why suddenly Revenue were being goreng up...

cK1973

1,960 posts

Posted by cK1973 > 2023-06-07 14:06 | Report Abuse

when u think its going down, it went up....
macam macam can happen ...
no right or wrong...

Besafe

1,289 posts

Posted by Besafe > 2023-06-07 15:06 | Report Abuse

All fake push. Keep your hard earn money. Don't let mafia gang and Eddie Ng to continue to con ikan bilis investors. Haha

rev588

80 posts

Posted by rev588 > 2023-06-07 17:20 | Report Abuse

ini kali lah, 20 sen coming

RTA09391

269 posts

Posted by RTA09391 > 2023-06-08 07:42 | Report Abuse

Trust me PP on the card, very hard to see price more than 30 sen after this,

joyvest

10,533 posts

Posted by joyvest > 2023-06-08 07:45 | Report Abuse

WTF.Following the cash of RB has been either exhausted or transferred through acquisition of the sub of M group, they are now to raise PP, increasing the share based and further diluting shareholding.

Besafe

1,289 posts

Posted by Besafe > 2023-06-08 08:05 | Report Abuse

Haha this con counter still want to scam investors by doing PP. I dunno why with all the negatives news, this mafia gang and Eddie Ng still trying their best to con. Hope karma kena them hard one day. Hahaha

joyvest

10,533 posts

Posted by joyvest > 2023-06-08 08:08 | Report Abuse

*share base

Besafe

1,289 posts

Posted by Besafe > 2023-06-08 09:32 | Report Abuse

Funds spend on buying on a company that may not add any value to the company growth and now use PP to get more funds to con and con. Haha

joyvest

10,533 posts

Posted by joyvest > 2023-06-08 09:42 | Report Abuse

M group is depleting the resources of RG gradually.Eventually ,RG would be debts stricken and trigger PN17.

From day 1,they penetrated into BOD up to no good

Besafe

1,289 posts

Posted by Besafe > 2023-06-08 09:50 | Report Abuse

Joyvest@ from the start 3 ex founders already wanted to con. Set up a company and get it listed in to klse and their minds are to con. Then come out with all the infighting drama (in facts this three Ngs especially the master mind Eddie Ng just do show for the public only). If they are so concern about the investors they won't disposed off their shares la to mafia group. They did all this to make sure they can con and cheat the innocent investors.

ChunWong93

600 posts

Posted by ChunWong93 > 2023-06-08 09:52 | Report Abuse

No wonder. Revenue Group plans RM13m private placement for working capital

https://themalaysianreserve.com/2023/06/07/revenue-group-plans-rm13m-private-placement-for-working-capital/

RTA09391

269 posts

Posted by RTA09391 > 2023-06-08 09:55 | Report Abuse

Run let the price below pp price

Besafe

1,289 posts

Posted by Besafe > 2023-06-08 09:58 | Report Abuse

@chunwong93: all this is to raise funds for their own benefits. Not for the investors. For them, if can continue to con and con they will do so. Haha

Besafe

1,289 posts

Posted by Besafe > 2023-06-08 10:16 | Report Abuse

Got cash earlier but go spend on acquiring another company for 36m. Then now asking for PP! Got funds don't want to use it to pay staffs salaries. Rather con and use it for other purpose. Haha

joyvest

10,533 posts

Posted by joyvest > 2023-06-08 10:33 | Report Abuse

This is a listed company where the shareholders be it Ng or what are free to sell shares openly and freely in the open market . Some Founders are desperate to resort to sell to the 3rd parties ( be it hostile or what) off market ( it is said to avoid the high transaction cost hence can be sold cheaper than the open market price. WTF

joyvest

10,533 posts

Posted by joyvest > 2023-06-08 10:36 | Report Abuse

It is expected more PP will be issued until the company is ballooned with huge share capitals (equity) and it becomes a penny stock in the end and dying off................

Posted by EatCoconutCanWin > 2023-06-08 12:03 | Report Abuse

No money, ask investors pump in

joyvest

10,533 posts

Posted by joyvest > 2023-06-08 12:25 | Report Abuse

No investors to take up the PP. The 3rd party to take up the PP is believed to be the associates of M Group , who would get a huge discounts on PP from RG. Who will benefit the most with the gain ? you should know better .

Thats why I say, when M Group penetrated into BOD of RG from day 1, they would exhaust all the resources of RG untill RGB becomes PN17 and eventually is delisted

joyvest

10,533 posts

Posted by joyvest > 2023-06-08 12:26 | Report Abuse

ECCW, dont tell me you have invested in RGB as well??

alenac

2,655 posts

Posted by alenac > 2023-06-08 13:35 | Report Abuse

Cheat & fraud
Ng, 50, was charged with forging invoices and purchase orders, amounting to RM13.829 million, for several companies.

He allegedly committed the offence with manager Cheng Choon Choon at Wisma Revenue, Kepong between May 22, 2020 and Aug 8, 2022.

The forged invoices and purchase orders were for Golden Infor Services, Accucom Solutions PLT, and Omega Dynasty Sdn Bhd.

Ng claimed trial to all charges under Section 468 of the Penal Code before Sessions Court judge Rozina Ayob.
https://www.msn.com/en-my/money/topstories/revenue-group-co-founder-and-former-director-ng-charged-with-forgery-for-cheating/ar-AA1cgG8U?ocid=msedgdhp&pc=W035&cvid=83f933b326524e4082c12e31fd4ca523&ei=15

joyvest

10,533 posts

Posted by joyvest > 2023-06-08 14:25 | Report Abuse

Forgery of documents with the intent to cheat is considered as a criminal offence. The morale of this story is " If you cannot handle the pressure, you should not remain in a position where you have to deal with it "

Posted by corpsehunter69 > 2023-06-08 16:05 | Report Abuse

revenue investor = happy go lucky

Besafe

1,289 posts

Posted by Besafe > 2023-06-08 17:44 | Report Abuse

Don't let this con mafia group to cheat your hard earn money. Haha

Besafe

1,289 posts

Posted by Besafe > 2023-06-09 09:21 | Report Abuse

Tainted counter. All the ex founders also conmen. Now with this bigger shark mafia group, this counter is doom. All the private placement etc. Got funds use to con and buy another company at higher amount from hong seng. Want to con also find a better way la. Haha

alenac

2,655 posts

Posted by alenac > 2023-06-09 09:26 | Report Abuse

The pressure in forging documents is somehow linked to the need to sustain the share price. The guilty directors or owners would have sold most of it in the last run-up. Now too much cheating going on in the listed PLC, it is high time Bursa & SSM reform the market and further increase the penalty for criminal offences.
Besafe
Don't let this con mafia group to cheat your hard earn money. Haha

Posted by Khailikebibi > 2023-06-09 09:42 | Report Abuse

Just a payment forwarding company, having such evaluation and market cap is absolutely absurd. Might as well buy Paypal at the PE of 15.

Besafe

1,289 posts

Posted by Besafe > 2023-06-09 10:28 | Report Abuse

Just a payment forwarding company to the biggest con cum scam counter within few years. No thanks to the 3 conmen Ngs. Haha

Besafe

1,289 posts

Posted by Besafe > 2023-06-09 14:00 | Report Abuse

For ur info, 3 conmen Ngs have long sold their shares at very high pricing especially Eddie Ng!

ChunWong93

600 posts

Posted by ChunWong93 > 2023-06-09 16:06 | Report Abuse

Drama continues and share price starts dropping to 52 week low

Posted by trustmenojoke > 2023-06-09 16:11 | Report Abuse

scam counter

Posted by IvanOnMyOwn > 2023-06-09 16:29 | Report Abuse

Scam counter ! run run run !

8899EL8899

2,264 posts

Posted by 8899EL8899 > 2023-06-11 11:14 | Report Abuse

REVENUE BUSINESS IS FAILING,..........

THEY CAN`T COMPETE WITH GHL,......

ALL BECAUSE OF RUBBISH LEADERSHIP !

THE BIG BOSS BEHIND ONLY KNOW TO DRIVE BIG CARS,......

BUT DO NOTHING IN BUSINESSES,.......

cK1973

1,960 posts

Posted by cK1973 > 2023-06-11 11:46 | Report Abuse

back to 24?
might c a lower low next week...
not easy to trade/invest in this counter....
better move on guys...

GregBursa

56 posts

Posted by GregBursa > 2023-06-12 08:28 | Report Abuse

Good Technical Analysis https://youtu.be/pvvdGSx5A7M

ChunWong93

600 posts

Posted by ChunWong93 > 2023-06-12 11:43 | Report Abuse

It has become a goreng counter. haha. Wait for it to drop to lower low and see can grab some to goreng or not...

Besafe

1,289 posts

Posted by Besafe > 2023-06-12 15:51 | Report Abuse

Pump and dump con counter. Haha

bizbro

151 posts

Posted by bizbro > 2023-06-12 16:02 | Report Abuse

Ta on a conman counter???

cK1973

1,960 posts

Posted by cK1973 > 2023-06-13 13:44 | Report Abuse

back to 24 or below???

ChunWong93

600 posts

Posted by ChunWong93 > 2023-06-13 15:43 | Report Abuse

Nope. It rebounds instead today

Besafe

1,289 posts

Posted by Besafe > 2023-06-14 10:02 | Report Abuse

Private placement to con more new investors again. This company from ex founder to mafia group, the main objective is to continue to scam people. Haha

ChunWong93

600 posts

Posted by ChunWong93 > 2023-06-14 11:04 | Report Abuse

Don't know who will eat up these pp... another mafia company? hehe

nicholas99

9,887 posts

Posted by nicholas99 > 2023-06-14 11:10 | Report Abuse

mafia sendiri eat sendiri.. lo

Besafe

1,289 posts

Posted by Besafe > 2023-06-14 15:04 | Report Abuse

Mafia eat mafia good. Let them hug and die together. Investors don't touch consider win.

Posted by redhotpepper > 2023-06-14 18:52 | Report Abuse

Fake rebound, now go down

Besafe

1,289 posts

Posted by Besafe > 2023-06-15 09:23 | Report Abuse

Private placement just to pay director and staffs salaries. Got fund but rather con and scam to acquire another company. Haha

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