Friday, 14 April 2023

Insider's @ Revenue Group Bhd : Nostradamus

is a single from the Scottish folk singer Al Stewart, who happens to have a very very famous cousin, named Rod Stewart.

DON'T call me NOSTRADAMUS, for what I am going to tell you now, especially for those who have bought Revenue Group Bhd shares.

Man, man, your time is sand, 
Your ways are leaves upon the sea
I am the eyes of Nostradamus
All your ways are known to me


BY August 2023, Revenue Group will run out of money and will no longer be in a net cash position. WHY do you think the auditors UHY have quit?

ONE, the accounts are in a mess, and UHY have reservations that Revenue Group can actually afford their audit fees .

THIS is what is gonna take place, the coming quarter results, which will be released in May, will show that revenue has continue to fall and the losses have widened.

BY the time  the June quarterly results are known it will be all over for Revenue Group, so in between now and August expect some heavy  pump priming of a worthless stock.