We would like to thank the three co-founders of Revenue (0200) for unloading 21 million units of Revenue wa to open market at an average price of about 39 sen each, so retailers can now have an opportunity to participate at a company that is currently experiencing rapid growth rate.
I think now we are getting the picture. Disposing one third of their warrants is one good way to eventually reduce the co-founders holdings in the company as now they jointly hold too much.... around 60% . They should hold just above 50% eventually. It's their corporate plan.
@Nicholasming91 let say it drop until 0.8, I invest all my money until ham ka cham also will buy this stock. Now 1.1x already consider cheap to buy, below 1.1 is making us can't hold it down will keep collect and buy.
warrant for me will drop, because nothings happen on 1st year for exchange to mother share. Estimate will drop to 2.2 for warrant. It about 2-3 year later only know able about to exchange mother share or not. Why I should buy warrant and keep until 2 or 3 year later for nothings? better invest my money in mother share as it under value and confident 1.25 is it's reasonable standard price.
Ya, take angpao to buy lo Revenue is potential always make impossible to possible 9 year ago, is very small company if compare GHL or ManagePay Now realise this small company can grow until cannot be ignored Always challenging the impossible become possible until success today
I do not hold REVENUE share , but i start observing this stock 1 month ago. Its P/E is extremely high now if u take possible warrant conversion into action. The previous year total earning is 4.0 sen. The P/E before possible warrant conversion is 114/4.00 = 28.5x. It will be 57x if all warrants will be converted to mother share. It is quite a high P/E. I suggest wait and see.
This company should have high growth. But the P/E is extremely expensive. It is a good counter but need to be aware of potential warrants conversion.
I do not hold any shares of REVENUE. I wish to own too, but i think it is quite expensive. Tq
Hi Unicorn, my entry price is quite high but however i am still holding it. Do u think i should average down ? If yes, what price u think its the best ? Sorry i m still new in the market. seeking for suggestion.
Actually this drop is not totally out of my prediction but I would give a bottom at RM1.10.
Posted by UnicornP > Jan 19, 2019 09:09 AM | Report Abuse X
From my observation in Jaks and AWC warrant listing recently, after one or two weeks warrant listed, mother share will do a small crash to a low or below the price on the warrant listing day. That means high chance Revenue will drop to at least 1.20 after warrant listed. After that rebound show.
Googled for it. PEG ratio is PER ratio divided by annual earnings growth rate. PEG ratio of 1 is fair value, more than 1 is above fair and less than 1 is below fair value. Example: if PER is 35, then if annual earnings growth rate is 35%, then the PEG ratio is 1, then it's theoretically at fair value. This makes more sense than just historical PE ratio.
Revenue's latest earnings per share is 0.86 sen. Annualised : 0.86×4=3.44 sen. PER is 1.12÷0.0344= 33 times. So, if annual earnings growth rate is 33%, then the PEG ratio is 1...... that's the benchmark for fair value.
Pls do not use the mother shares only to evaluate Pe or peg. We must assume all warrants being converted to mother shares , then only we can know the actual pe and peg. In this case , the no of shares will be 1 time more than current no of shares . So the pe will be double of what u r calculating and peg will be *2 . It will be a trap if u do not consider effects of warrants conversion
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....
pang72
51,510 posts
Posted by pang72 > 2019-01-25 22:57 | Report Abuse
Nicholas said 60cents