Thursday 18 May 2023

What's behind the over 100 million Revenue Group Bhd shares traded yesterday?

ONLY Revenue Group Bhd shares were traded above the 100 million mark on the trading floor of Bursa Malaysia yesterday.


EXECUTIVE director Francis Leong Seng Wui had stated his intentions to either buy or sell Revenue shares. Well,  the former tablet salesmen may indeed buy or sell Revenue Group Bhd shares, but i am not privy to his trading plans .

THIS, however is not the reason,  trading volume of Revenue Group Bhd shares had shot up because for all intent and purpose, Francis Leong Seng Wui is a very minor corporate figure, best known for being the marketing manager for Victor Chin Boon Long's business interest in Low Yat Plaza.

SO, what's behind the huge pick up in volume then?  Well behind the heavy trading of the shares is a hard luck story, which if you are an unlucky shareholder of Revenue Group, am about to smack your face right about today.

CAN'T say more but do watch out for Revenue Group Bhd's results, and do note when the results are announced this month, that the real shit has yet to hit the fan.