REVENUE GROUP BERHAD

KLSE (MYR): REVENUE (0200)

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Last Price

0.145

Today's Change

0.00 (0.00%)

Day's Change

0.145 - 0.15

Trading Volume

280,400


11 people like this.

10,254 comment(s). Last comment by felet404 1 day ago

maxprofit2020

1,161 posts

Posted by maxprofit2020 > 2020-02-05 17:06 | Report Abuse

Those who continue to sell low between 1.15 to 1.34 in past 3 days shall be regret by now.

maxprofit2020

1,161 posts

Posted by maxprofit2020 > 2020-02-05 17:21 | Report Abuse

Those who still intend to sell low better remove the sell Q to allow maximum surge by tomorrow.

Posted by EatCoconutCanWin > 2020-02-06 10:33 | Report Abuse

buy in for short earning

Posted by Gatsgats > 2020-02-06 11:49 | Report Abuse

Hi all , anyone have idea what date will the latest quarter report be released ? as usually late February (25) ?

joyvest

10,533 posts

Posted by joyvest > 2020-02-06 12:07 | Report Abuse

last day of the month

pewepw

96 posts

Posted by pewepw > 2020-02-06 12:12 | Report Abuse

wave 3 rebound from 1.35 to 1.38 in the morning session and formed a hammer today with a green body from 1.35 to 1.39. Tomorrow shall be continue for wave 4. If tomorrow have a long green bar breakthrough 1.42 by closing, a longer term uptrend will be confirmed. Those panic sell this morning and rush to sell below 1.35 will be regret by now.

maxprofit2020

1,161 posts

Posted by maxprofit2020 > 2020-02-06 12:22 | Report Abuse

pewepw, good try to copy my comment. however, 1.35 to 1.39 is not a hammer.

joyvest

10,533 posts

Posted by joyvest > 2020-02-06 14:23 | Report Abuse

i told them to buy but they hear but dont listen..........what to do? they are now kicking themselves. CIMB trust have bought so much so that you hardly believe but you'd better believe it

hehe12

1 posts

Posted by hehe12 > 2020-02-06 14:28 | Report Abuse

where is pang72 now?

Eric

8 posts

Posted by Eric > 2020-02-06 14:34 | Report Abuse

I buy at 1.32RM izit a good price? Newbie here

joyvest

10,533 posts

Posted by joyvest > 2020-02-06 14:47 | Report Abuse

pang has dug a hole and put his head into the hole with the body exposing only

joyvest

10,533 posts

Posted by joyvest > 2020-02-06 14:48 | Report Abuse

eric, just buy

joyvest

10,533 posts

Posted by joyvest > 2020-02-06 14:48 | Report Abuse

no fear no regret

imvu

7,888 posts

Posted by imvu > 2020-02-06 14:57 | Report Abuse

fuh.. naik balik ke paras asal sekejap saja. hari tu memang sengaja paksa orang lelong dengan harga murah ambil kesempatan atas sentimen pasaran, lepas ni senang lah nak naik lebih tinggi lagi..

bootroop

257 posts

Posted by bootroop > 2020-02-06 16:03 | Report Abuse

Pang72 is quarantined for obvious reason.

joyvest

10,533 posts

Posted by joyvest > 2020-02-06 16:23 | Report Abuse

he said he was waiting for RM 1.00. i said in your dream only

maxprofit2020

1,161 posts

Posted by maxprofit2020 > 2020-02-06 17:05 | Report Abuse

A good closing today at 1.39 with high of 1.4. As stated by Monday, a long green bar finally breakthrough 1.39 by today.
1) Tomorrow if the closing is higher then 1.4, a higher high is possible to continue the uptrend.
2) if the closing tomorrow unable to breakthrough 1.4, there may be a start for profit taking after 4 days' rebound from 1.15 to 1.4 (> 20%) which is normal.

Posted by Kendo Ken Hz > 2020-02-06 19:12 | Report Abuse

Can break 1.53 historically high?

maxprofit2020

1,161 posts

Posted by maxprofit2020 > 2020-02-06 20:38 | Report Abuse

Kendo Ken Hz, I do not think anybody can confirm this round of uptrend how high it can reach. However, we can base on the past trend as reference :

Dec 9th = High 1.38
Dec 12th = Low 1.21 (14% delta)
(interval 3 business days from highest to lowest)

Dec 20th = High 1.39
Dec 26th = Low 1.25 (11% delta)
(interval 3 business days from highest to lowest)

Jan 2nd = High 1.53
Jan 8th = Low 1.31 (16% delta)
(interval 4 business days from highest to lowest)

Jan 23rd = High 1.45
Feb 3rd = Low 1.15 (26% delta)
(interval 6 business days from highest to lowest)

Feb 6th = High 1.4 => next is further up or start profit taking ??

Although since Oct'19, the long term trend for Revenue is achieving higher high each month, however if zoom into short term by month, each month there is about 2 x cycle of up & down, tomorrow's closing may be a good reference whether it will further trend up to test 1.53 resistant or it may trend down due to people start taking profit.

Posted by Kendo Ken Hz > 2020-02-06 21:14 | Report Abuse

I am positive once qtr result out, RGB still have so much room to grow as a tech.....plus main board switch later..

Posted by Kendo Ken Hz > 2020-02-06 21:22 | Report Abuse

Very positive today, with much bigger volumes

maxprofit2020

1,161 posts

Posted by maxprofit2020 > 2020-02-06 21:38 | Report Abuse

I agreed Revenue is in a good position for right industry, it is a rising star with good potential & opportunity for 2020. The quarter result will be out by month end, that may boost up the share price by 2nd cycle of the month which is by month end.
The positive movement today may due to the worldwide stock market rebound, most of the stocks are rebounding today. The concern is the sustainability as base on past statistic, once the price move up rapidly in first week of the month, people may start to take profits, most traders do not keep stock for long term.

Rotiboy

36 posts

Posted by Rotiboy > 2020-02-07 00:24 | Report Abuse

@joyvest
Damn sarcastic the way you response to @pang72

Rotiboy

36 posts

Posted by Rotiboy > 2020-02-07 00:25 | Report Abuse

LOL...

Moc Nokin

222 posts

Posted by Moc Nokin > 2020-02-07 06:54 | Report Abuse

Up up up, 1.8 coming

joyvest

10,533 posts

Posted by joyvest > 2020-02-07 08:21 | Report Abuse

well well well....i am sure he doesnt mind at all cos he is repenting now..............

maxprofit2020

1,161 posts

Posted by maxprofit2020 > 2020-02-07 12:49 | Report Abuse

As predicted yesterday, traders started to take profits after Revenue reach the high of 1.4 yesterday and today's opening. 3 scenarios :

1) If today's closing able to breakthrough 1.4, a higher high uptrend is possible for next trading day.
2) If today's closing = opening = 1.4 = yesterday's high, it form a hanging man, next trading day most likely will see a significant adjustment down due to massive profits taking.
3) If today's closing is = 1.37 or lower, it is a confirmation of reverse trend as yesterday's green bar 1.35 - 1.4, half of the rally being profits taking today, it will follow by a downtrend next trading day due to lose of momentum.

Trade with cautious and do not chase high, ride with the trend be it up or down.

joyvest

10,533 posts

Posted by joyvest > 2020-02-07 12:53 | Report Abuse

i disagree .it is down a bit due to merely profit taking. it will be back to normal to keep up the momentum uptrend next trading day due to be overwhelmed by the new demand then

joyvest

10,533 posts

Posted by joyvest > 2020-02-07 12:54 | Report Abuse

as long as it is in the range of 1.36- 1.39 is fine, no rush to resort to any thing ....

Posted by Gratefulinvestor > 2020-02-07 13:13 | Report Abuse

Thanks maxprofit2020 & joyvest. I am a newbie & I like to learn. I have been following this forum for more than a month & I decided to sign in only today because I feel there are still good ppl around who like to share what they know.

joyvest

10,533 posts

Posted by joyvest > 2020-02-07 16:42 | Report Abuse

we like to share and enrich our neighbours.....

maxprofit2020

1,161 posts

Posted by maxprofit2020 > 2020-02-07 17:22 | Report Abuse

The closing price managed to hold at 1.38, neither it break 1.4 nor 1.37 which is a good consolidation after 4 days' rebound. Based on yesterday's volume, half being taken profit today, Monday will be bull vs bear for the direction whether to go north or south or continue at consolidation stage.

It is a norm for a stock price to move up once it hit the bottom like what it happened on Monday rebound from 1.15.
It is a norm as well when the price rally for a couple days to a certain price and people start taking profits.
Trade with cautious as there is only one purpose for us to be here which is to make money.

Posted by Kendo Ken Hz > 2020-02-07 22:09 | Report Abuse

Low volume of profit talking, that's fine

maxprofit2020

1,161 posts

Posted by maxprofit2020 > 2020-02-08 09:18 | Report Abuse

US and Europe markets turn red as well last night after 4 days' rally. Asia major markets mostly turn red yesterday except China & Malaysia managed to break even and slight turn green at closing. Next Monday will be clear for the direction whether to go north or south.
Always buy low sell high instead of buy high expect higher high.

maxprofit2020

1,161 posts

Posted by maxprofit2020 > 2020-02-10 09:16 | Report Abuse

As expected, it is a reversal trend from the high of 1.4 last week. With 1.35 first support level broken by 9:10am, the next support will be 1.3. Downtrend will be an opportunity to buy back for those already taken profits last week.

Posted by Kendo Ken Hz > 2020-02-10 09:30 | Report Abuse

Ready y to buy low

maxprofit2020

1,161 posts

Posted by maxprofit2020 > 2020-02-10 17:11 | Report Abuse

Last Thu : High 1.4, Low 1.35, Close 1.39
Last Fri : High 1.4, Low 1.36, Close 1.38
Mon : High 1.37, Low 1.34, Close 1.36

The operator is slowly releasing stocks from 1.4 to 1.34 from last Fri to take profits (stocks accumulated since 1.15).
It is a confirm downtrend as the daily low is hitting lower low and the close is also trending lower low for past 2 days.

It will be a good opportunity to buy back once there is a buy signal (that not yet appear as of today). Based on current chart, tomorrow may further trend down. Always buy low sell high, instead of buy high expect higher high.

icepumpkin

818 posts

Posted by icepumpkin > 2020-02-10 19:37 | Report Abuse

Thank you maxprofit2020. Learned a lot here.

Posted by Kendo Ken Hz > 2020-02-11 15:22 | Report Abuse

Seem losing power to go up further?

maxprofit2020

1,161 posts

Posted by maxprofit2020 > 2020-02-11 17:05 | Report Abuse

Kendo Ken Hz, it is a downtrend from 1.4 last week, there wont be power to go up. The operator is blocking 1.35 and slowly released stocks from 1.38 to 1.36 to those retailers who are willing to buy high from the operator. At least 3 times x 100k units the operator released at 1.36 today.

maxprofit2020

1,161 posts

Posted by maxprofit2020 > 2020-02-11 17:15 | Report Abuse

Today's opening = closing = 1.36 = yesterday's closing. With long tail from 1.39 to 1.36, it formed a gravestone today, opposite of dragonfly (last wed). A gravestone is a bearish signal that the buying power is eliminating while selling power is taking control for the closing price.
Based on past 2 months' trend, once it reach high in first week of the month, it took about 3 to 6 business days to reach the lowest price (however it spike up again from bottom). Tomorrow is the 3rd business day count from Monday. Foresee a more significant downtrend tomorrow once the operator finish release stocks to retailers.
Again, a downtrend is a good opportunity to buy back once the buying signal appear.

joyvest

10,533 posts

Posted by joyvest > 2020-02-11 17:44 | Report Abuse

I told you earlier . As long as it is drifting in the region of 1.36-1.39 , there is no cause of concern. no sight of down trend but up ............ in the very near foreseeable future...................

Posted by Kendo Ken Hz > 2020-02-11 18:17 | Report Abuse

Who had the stomach to take up 2 million shares, must be another bullish institutions funds, or another bull operator?

maxprofit2020

1,161 posts

Posted by maxprofit2020 > 2020-02-11 19:42 | Report Abuse

For reference :

1) Jan 2nd highest hit 1.53, it took 4 business days by Jan 8th to reach lowest 1.31 (-16% adjustment), and it last until Jan 17th only finished the downtrend => rebound to 1.45 by Jan 23rd.

2) Jan 23rd highest hit 1.45, it took 6 business days (Feb 3rd) to reach lowest 1.15 (-26% adjustment), it rebound same day from Feb 3rd and it complete the uptrend by Feb 6th at 1.4.

During uptrend or downtrend, daily there will be a few cents up/down (+/- 3%) which is normal. We justify whether the trend is at the initial stage, or completion by various indicators daily to make decision the next day whether to buy or to sell. There is no one will be able to confirm 100% up or down, we can only reference to the stock statistical trend pattern, daily indicators to justify.

Now is too early to tell when the downtrend will complete for this round as the gravestone (bearish signal) just formed today.

Posted by Kendo Ken Hz > 2020-02-11 20:19 | Report Abuse

Nevertheless, whoever pick up from recent low below 1.20, are enjoying the fruits handsomely..as this stocks has strength to rebound always

maxprofit2020

1,161 posts

Posted by maxprofit2020 > 2020-02-11 21:15 | Report Abuse

That is the reason we are here. When a stock have high volatility, only then we can make money. If a stock is stagnant or up/down +/- 3% only (example from 1.36 to 1.39 or from 1.39 to 1.36), it have no different to fixed deposit.

icepumpkin

818 posts

Posted by icepumpkin > 2020-02-11 21:34 | Report Abuse

What price to buy again?

Eric

8 posts

Posted by Eric > 2020-02-11 21:58 | Report Abuse

In my opinion the stocks will go up once it release it report durinf the end of this month as the management said it themself they change from selling terminal to leasing or renting terminal instead hence lowering the expense and at the same time increasing the revenue. I am here to learnt as well so if any has any objection pls do voice it out and let share our opinions together.

Posted by Kendo Ken Hz > 2020-02-11 22:08 | Report Abuse

Read that etunai system was wholly handled by RGB system. That's hell of big profit, as th three players complained of high fees by khazanah sub to RGB,, on this project.

maxprofit2020

1,161 posts

Posted by maxprofit2020 > 2020-02-11 22:17 | Report Abuse

Eric, I do agree it will up by end month. As I stated earlier, Revenue do have 2 cycle of up down within a month, reference to past 2 months trend.

1) The first uptrend already completed last week (from 1.15 to 1.4, 20% rebound).
2) This week it started down trend, it may last for 1 to 2 weeks to complete (from 1.4 to ??)
3) Then next it will be another rebound for up trend, together with a good result release, the month end rebound may retest the 1.53 high if the result is beyond expectation.

We are not justifying a daily up/down of +/- 3%, rather we are aiming a +/- 15% to 20% within a month.

Revenue is a good stock to invest :

1) Long term it is trending higher high, Revenue is in a good position for right industry with bright future.
2) Short term within a month have 2 cycles of up/down trends.
3) High volatility of more than 10% each cycle.

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