Tuesday, 23 May 2023

Revenue Group shares are unofficially not marginable.

THE bond between the Securities Commission is so tight that some major stock brokers have decided that enough is enough.

THE stock broker's are no longer giving margin for clients who wish to buy and sell Revenue Group Bhd shares.


DON'T have to take my word for it, but rather it's best you call and confirm the accuracy of my statement.

AND why are they not giving any margin to the potential buyer's of Revenue Group shares? It is because the industry itself is shocked by the level of immunity that has been given to the Revenue Group by the Securities Commission and Bursa Malaysia. 

CONSIDER this, neither Bursa Malaysia nor the Securities Commission have publicly questioned why READ : Certain minority shareholders are overpaying by 347 per cent for Revenue Group Bhd shares.

WORST still,  Revenue Group currently holds the record of being the only public listed company that needs to announce its financial results this week, without an external public auditor. READ: RED Flag : Auditor resigns, and no announcement on replacement audit firm