For me this is long term investment. In term of business, yes can see will growth in future but stock price need to wait for retrace below 1.00 for good EP as long-term.
1. MCO period, Revenue SafeNet helped a lot on profit, they generate good profit 2. Previous QR drop due to -earlier china lockdown order can't send out from TAOBAO and a lot order canceled. -china tourism drop a lot, affected ETP fees 3. Admin cost recurring - due to sim card in EDC 4. EDC still keep deploy during MCO until now, increase from 60k(last year end) to 70-80k 5. Rental for EDC will grow consistant 6. Acquired WannaTalk, EWallet company 7. RMCO business recover 90% on hardware business 8. Recurring profit - how to solve for tourism issue a. Trx business - previously depends tourism, now focus domestic - Ecommerce Ecosystem (October release) b. Bought EWallet company(small & cheap company) for receive payment/order c. Buy WannaTalk to complete the ecosystem
9. Tokenization solution project from Bank Negara subsidairy PayNet(get on June/July), made Debit Card can use online and become domestic transaction 10. Ecommerce, EDC business growing 11. Eddie Ng very confident on coming Financial Year(2021) and also coming QR 12. April - June, a lot issue already solve, earlier MAY already start working to solve issue 13. No dividend due to growing stage 14. M&A status Revenue SafeNet - Profit over profit guarantee, better 1 time than expected BuyMall - Ecommerce + logistic + storage - got some affect, after MCO a lot customer request Ecommerce AnyPay - Billpayment go in Lazada Shopee - better 2 times profit guarantee WannaPay - ewallet name WannaTalk - October release 15. Eddie Ng : combine product and IT, future brighter than Light 16. This business is a long term earning business, when a new product release, product profit will keep growing 17. Eddie Ng : will keep improve and not to lower profit than last year
Posted by boon1515 > Aug 23, 2020 1:05 AM | Report Abuse
Summary Harry Teo Interview on REVENUE GROUP BHD
1. MCO period, Revenue SafeNet helped a lot on profit, they generate good profit 2. Previous QR drop due to -earlier china lockdown order can't send out from TAOBAO and a lot order canceled. -china tourism drop a lot, affected ETP fees 3. Admin cost recurring - due to sim card in EDC 4. EDC still keep deploy during MCO until now, increase from 60k(last year end) to 70-80k 5. Rental for EDC will grow consistant 6. Acquired WannaTalk, EWallet company 7. RMCO business recover 90% on hardware business 8. Recurring profit - how to solve for tourism issue a. Trx business - previously depends tourism, now focus domestic - Ecommerce Ecosystem (October release) b. Bought EWallet company(small & cheap company) for receive payment/order c. Buy WannaTalk to complete the ecosystem
9. Tokenization solution project from Bank Negara subsidairy PayNet(get on June/July), made Debit Card can use online and become domestic transaction 10. Ecommerce, EDC business growing 11. Eddie Ng very confident on coming Financial Year(2021) and also coming QR 12. April - June, a lot issue already solve, earlier MAY already start working to solve issue 13. No dividend due to growing stage 14. M&A status Revenue SafeNet - Profit over profit guarantee, better 1 time than expected BuyMall - Ecommerce + logistic + storage - got some affect, after MCO a lot customer request Ecommerce AnyPay - Billpayment go in Lazada Shopee - better 2 times profit guarantee WannaPay - ewallet name WannaTalk - October release 15. Eddie Ng : combine product and IT, future brighter than Light 16. This business is a long term earning business, when a new product release, product profit will keep growing 17. Eddie Ng : will keep improve and not to lower profit than last year
Ivan, no doubt this coming QR won't be good. Perhaps may make a loss as well. But no way will it be as bad as GHLSys. You need to understand the difference between Rev and GHL and their business model... how do they generate their income?
In this kind of environment, the smaller and more agile/lean company like Revenue can navigate better and have fewer encumbrances. It's no wonder many blue chip companies are suffering, while many small or mid cap companies are now taking limelight.
I think everyone can expect the results to decline due to MCO.
Lol!!!!!!!!! I think you need to look into their qr deep enough. In the QR, under income statement there is “other operating expenses” which is very high and increase a lot compare to last quarter. This is due to expenses used in other countries. This one comparable to REVENUE? I think only if REVENUE got similar action as GHLSYS then maybe have that figures.
Again, last quarter means last quarter, doesn’t reflect future. One doesn’t drive by looking at their rear mirror... there is a road long way to go...
No problem if you want to dump revenue, others are interested to collect cheaply..
Their transaction processing should be affected. Last quarter due to the lockdown in China, alipay and unionpay and their taobao should be badly affected. But they have mydebit, tng, boost which still contributing up to 3 months. So the impact is not so bad.
This 4th quarter, MCO lockdown 2 months (April/May), their Mydebit/tng/boost should be badly affected as alot of merchants are closed during MCO. And alipay/unionpay not recover, and i think taobao may not be fully recover back to the normal trend.
If this quarter they can remain in the black is considered good. But if in the red, kind of not surprising.
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....
soonning65
142 posts
Posted by soonning65 > 2020-08-16 14:33 |
Post removed.Why?