joyvest dont be self deceiving . for instance , when a tiger has jumped right in front of you , you still say " it is going to be alright , no worry . " 10/01/2020 5:32 PM
PROVISION OF FINANCIAL ASSISTANCE REVENUE GROUP BERHAD
Type Announcement Subject PROVISION OF FINANCIAL ASSISTANCE Description REVENUE GROUP BERHAD ("REVENUE" or "the Company") - PROVISION OF FINANCIAL ASSISTANCE PURSUANT TO RULE 8.25(2)(E) OF THE ACE MARKET LISTING REQUIREMENTS OF BURSA MALAYSIA SECURITIES BERHAD Reference is made to the Company’s announcement made on 6 January 2020. The terms used herein, unless the context otherwise stated, bear the same meaning as those defined in the Company’s announcement made on 6 January 2020 in relation to the Provision of Financial Assistance.
The Board of Directors of REVENUE wishes to provide the following additional information:
The total borrowings, setting out –
Amount (RM)
a)
The Loans given by any corporation within the listed corporation group to the moneylending company
Nil
b)
The borrowings which are secured by any corporation within the listed corporation group in favour of the moneylending company
Nil
c)
Other borrowings
Nil
The facility limit for the top 5 loans
As at 31 December 2019, the Company has disbursed one (1) loan and the facility limit for the said SME Loan is RM30,000.
Talk/comment as if you know the payment industry like a guru... ghl short live show is just a timing of their announcement. Try to get yourself equiped with the knowledge of tokenisation. Speak to industry player on that and you will know Revenue will be able to do exactly the samething. Revenue is not about hype but solid strategy. This is somethint ghl can’t rival.
I still stick to the comment that ghl follow the blueprint of Revenue. What makes you think that, being the first in the market give ghl the advantage? What makes you think that Revenue can’t do exactly the samething? Ask ghl about their deals with visa/master, will banks see them as a friendly party or hostile entity. By the way, where is their so-called all in one terminal? Not the e-wallet all in one ya. Also, what is the status of Bestinet vs Ghl? They have a strong case on the RM3++ mil?
Revenue had been consistently taking care of the investor. At today price, they are still hovering close to RM2.28 (pre-bonus issue of high close to RM2.30), whilst ghl can’t reach its peak of RM1.80.
My banker friends told me that next week Revenue has some collaboration. Not too sure whether there will be any announcement but they are positive with the development.
Ghl listed way before Revenue, they started off on terminal business. But the current management hostile the founder of ghl using epay.
No doubt, ghl is the veteran. But they have been listed like donkey years, but market cap, at peak is 1.2bil. Look at Revenue, less than 2 years listing, market cap shot to 500mil. They have attracted best fund like kenanga to take up substantial stake. This is a testament to Revenue management. If ghl is really so good, why dont kenanga invest in them?
For those who buy into ghl regional play, please... please try to understand from a costing perspective. They need to set up overseas presence, which come at a cost and squeeze on margin. As highlighted last time, ghl operates verifone, ingenico and pax (after Revenue introduce the first all-in-one, which cater to card and e-wallet), what will be the cost to operate 3 different platform? My banker friends told me, the explanation given by ghl why they havent roll out the so-called all-in-one because they try not to burden the banks. They find it a BS explanation. Ghl sell to bank or rent to bank? If sell, make sense. But apparently, this is not the case. They are funding the terminal of those tier3-4 merchants. They need to have huge capex to replace their terminals, thats why they are so slow in rolling out, whilst Revenue has already roll out in 2018.
So what ghl has Rm100 mil of cash, if im a investor, i would have shot them left right center back on why keeping the cash and not utilising it. Dont pay dividend, dont utilise the cash, im also lost and speechless what is their strategy.
Anyway, that is their own problem. So far Revenue has given me a 500% return, i buy into their strategy and i have strong faith in Revenue management.
TECHNOLOGY stocks r forever shining bright everywhere in the world. TECH FUND MANAGERS r all doing extremely WELL. Only these fund managers will continue to do well because BIG NEW MONEY r flowing into their funds everyday nonstop. That means TECH FUND MANAGERS r the true blue HIGH ROLLER w deep pockets n having the powerful capability to sailang stocks on a long haul to the multiple new blue skies...
go go go to TECH stocks like REVENUE w the latest biz version in a niche position.
I personally also in dilemma choosing between ghl and revenue. After checking their machines and deals made, revenue is more innovative and cost efficient. I was stunned by how its share went up so fast.
Young excellent company im a infant stage but fast ( it should be quantum leap) growing pace industry with high PE only indicates one thing, people see the unlimited future prospects of it, just like Alibaba, Tencent in the initial growing stage.
dont argue too much. just check who are the big boys behind G and R . then tell me . if you cant , do your research now . why are you guys still talking about PE? .We are talking " X" factor now which has greater impact on the share price
I don't see any good impact on ghl qr, need to find out how much profit could the new tech brings in to ghl. And tech thing is easier to be copied by others.
The factor drive e wallet no so related to got money or no money, e wallet or cashless transaction grow very high speed in Indonesia & Philippines because the lack of or inconvenience of banking facilities.
pang72 If you are not supporting this counter, why you keep wasting your time to comment in this forum? You can go to the counter you support and comment. Or you keep asking people to sell Revenue and you quietly buy back? Otherwise, you are wasting your energy in this forum. Till today, I don’t know why you are still here since you are not supporting.
for me, i think ghl is like a old man with old thinking, rich but wont grow as fast as young man like revenue with new thinking.. i donno how truth is that.. but the only thing i prefer revenue over ghl is "revpay" cos i shop taobao a lot....
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
51,509 posts
Posted by pang72 > 2020-01-10 17:47 | Report Abuse
No more fun here. GHL drop too.
Ewallet play finished.
Let's switch to krono!