Wednesday, 17 May 2023

The Revenue Group / Bursa Malaysia Drama Minggu Ini

UMAR Swift's Bursa Malaysia must really take the retail investment community for bona fide sucker's by indulging in some play acting with Revenue Group Bhd.




HELLO,  BURSA MALAYSIA, its no big secret that READ : Revenue Group will attempt to raise as much as RM50 million via a rights issue, so there is NO NEED for you to prepare the market for the incoming SAKAU exercise.

WHAT, i find disgusting is Bursa Malaysia knows that the RM36 million cash outlay to buy the assets will take a long time coming for Revenue Group to recoup the investment.

SO why is it, you are not asking Revenue Group point blanc how many years is it going to take them to recoup the initial RM36 million ?  A DECADE or TWO is it?