Member Info for flava

It's always good to de-risk and be cautious sometimes, so as not to be too greedy. Who knows what will happen in the months and years to come? I'm just sitting on the sidelines before making a move.

@Latino, Do you believe that MMs is clearing a large seller in the background? I believe this is why SP is holding back until the seller is cleared to push up northwards.

Here's the latest chart - https://twitter.com/MBdaytrading/status/1684125327016992769?s=20

If 2p is breached, then it is time to test 2.74. If 2.74 is also breached, then the price could reach 3p+.

2p could be breached before lunch time. Buys are flooding in, and sells are drying up. This has the potential to push upwards in a flash.

MAJWandCo.

Thank you again for your information, mate. I have derisked it now. It's important to be careful not to get too greedy.

What's everyone's SP target here?

Dr_10,

If someone reports the article to the FCA, they will investigate it for insider trading or market manipulation. If the FCA suspects anything suspicious i.e daily bulk sells, they will halt trading immediately.

MAJWandCo.

Thank you for pointing that out. I will report it to the FCA today.

MAJWandCo.

I didn't realise that article existed until you pointed it out. WoW

That website is bangladesh news blog post...damm

Are you sure that is a scam? If it is, it needs to be reported to the Financial Conduct Authority (FCA) immediately.

We're listed on the Main Market. This is not some AIM company, lol.

Oxygen - Please do some research before posting here. There is no need to post for the sake of it.

Lucky2023: CEO now owns just over 50% of the company. More takeovers incoming! By the end of this year, the share price will be around 500p or more.

Exactly my point! The company is investing in growth.

MAJWandCo. Have you seen my correction post, buddy? Google campaign? What a clown, lol.

* Panic sellers lost out again to clever market makers. Buys incoming!

All buys lined up to 150p 155p and 160p

Panick seller again lost out again to cleaver Market Makers. Buys incoming!

the company's loss for the year increased by 38% in 2023, but it is important to note that the company's revenue also increased by 109% in the same year. This suggests that the company is investing in growth, and that the losses may be temporary.

Not all losses are created equal. Some losses are simply a sign of growth. For example, if a new company is experiencing losses because it is investing in new products or services, this is not necessarily a bad thing.

Just hold and buy the dip. L2 buys looking good 135, 140 & 150p.

Panick sellers lol

⭐ Strong revenue growth:➡️ The Group's revenue increased by 109% in 2023, which is a significant improvement over the previous year. This growth is being driven by the Group's expansion into new markets and the launch of new products and services.

⭐ Healthy cash flow:➡️ The Group's cash and cash equivalents were HKD9.5m as at 31 March 2023, which provides the Group with a strong financial foundation to support its growth plans.

⭐ Compelling growth opportunities:➡️ The payment gateway and IT support markets are growing rapidly, and RC365 is well-positioned to capitalize on this growth. The Group has a strong track record of innovation, and it is constantly developing new products and services to meet the needs of its customers.

⭐ Committed management team:➡️ The Group is led by a experienced and committed management team. The team has a proven track record of success, and they are committed to growing the business and delivering shareholder value.

Overall, RC365 Holding Plc is a well-positioned company with a strong track record of growth. The company is benefiting from the growth of the payment gateway and IT support markets, and it has a committed management team that is focused on delivering shareholder value.

Key strategic initiatives that the Group has undertaken include:

✱ The launch of RC ERP and RC POS products, which are aimed at providing customers with a simple and efficient way to manage their financial reporting, operation management, treasury management, inventory and invoicing management, and cash flow.

✱ The acquisition of RCPAY Limited (Hong Kong), Regal Crown Technology (Singapore) Pte Limited and RCPAY Limited (UK), which will help the Group to expand its reach into new markets.

✱ The White-Label Application Development Agreement with WCHING Technology Limited, which will allow the Group to develop and launch mobile application products for use on Web, iOS and Android platforms.

✱ The 10% Convertible Loan for an aggregated principle amount of HKD5m, which will provide the Group with additional financial resources to support its growth plans.

The Board believes that these initiatives will help the Group to achieve its long-term growth objectives.