Highlights
KLSE: REDTONE (0032)       REDTONE INTERNATIONAL BHD ACE : Telco&Media
Last Price Today's Change   Day's Range   Trading Volume
0.425   0.00 (0.00%)  0.42 - 0.44  3,886,800
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IPO Info

Key Data:
General Retail Institutional
Offer Period
Opening - - -
Closing - - -
Price
Issue Price - - -
Par Value 0.000 - -
Units - - -
No of Shares
Public Issue - - -
Offer for Sale - - -
Private Placement - - -
Time Table
Allotment Date - - -
Listing Date - - -
Issuing House - - -
ISIN Code - - -
Prospectus:
PUBLIC ISSUE OF 31,080,000 NEW ORDINARY SHAERS OF RM0.10 EACH AT AN ISSUE PRICE OF RM0.95 PER NEW ORDINARY SHARE PAYABLE IN FULL ON APPLICATION COMPRISING :

- 3,000,000 NEW ORDINARY SHARES OF RM0.10 EACH AVAILABLE FOR APPLICATION BY THE MALAYSIAN PUBLIC; AND

- 28,080,000 NEW ORDINARY SHARES OF RM0.10 EACH BY WAY OF PRIVATE PLACEMENT TO IDENTIFIED INVESTORS

IN CONJUNCTION WITH THE LISTING OF REDTONE INTERNATIONAL BERHAD ON THE MESDAQ MARKET OF THE KUALA LUMPUR STOCK EXCHANGE
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  22 people like this.
 
monetary so just sell n leave. why stay here since early March?
02/06/2020 2:15 PM
monetary Nothing wrong to b a trader but b a ethical trader. I nvr badmouth redstone or binacom but still managed to pocket 80k since Feb from both. U earn much more by bad-mouthing?
02/06/2020 2:19 PM
monetary How many mtns in Malaysia? Can u name them. I m talking about those who r qualified to submit proposal to MCMC. Not the 2nd tier paria contractors. Nfcp1 152towers. Nfcp2 500towers. That's just 3 4G & later serve as backbone for 5G. Not even tough 5G yet. Who r going to do those jod?
02/06/2020 2:28 PM
TheSecret Continue fly.... Hip hop hurray
02/06/2020 2:32 PM
Hui_k_c Where is Sifu Calvin should hold or sell. Pls advise
02/06/2020 3:00 PM
Amukutty VennesaA if you are not happy with Redtone pls leave the forum.Dont bad mouth about Redtone.
02/06/2020 3:22 PM
Anaconder Look like coming
02/06/2020 4:01 PM
Anaconder Got bullets can buy
02/06/2020 4:03 PM
123eztrade why REDTONE didn't get the 5G bandwidth?
02/06/2020 5:32 PM
Woodswater Hui_k_c Where is Sifu Calvin should hold or sell. Pls advise
02/06/2020 3:00 PM

Should Buy!
02/06/2020 6:19 PM
ladybird517 Polishing done.. tomorrow start fly..
02/06/2020 6:58 PM
Hui_k_c Thanks for advise, woodswater
02/06/2020 7:14 PM
calvintaneng Redtone ok just hold

1. Flexicraft doing very well

2. RAN last miles few got experience except redtone

3. Amtel got award but it is just an empty shell doing rent seeking
Real job still need redtone skill.
Redtone already established with skill for many years

4. So just hold
02/06/2020 7:21 PM
monetary Citation from Redtone website:

Telco Engineering Services

REDtone has a team of 180 dedicated engineers who are equipped with the necessary skill-sets and technological knowledge. We have presence with technical support team at major cities in Malaysia i.e. Klang Valley, Johor Bahru, Penang, Kota Kinabalu, Kuching, Tawau, Miri, Sandakan, Labuan and Lahad Datu.

If u can find a more qualified candidate to implement Nfcp for Mcmc pls enlighten me. Majority of nfcp jobs r in Pahang, Kelantan, Trengganu, Sabah, Sarawak. There is non other mtns player besides Redtone who has adequate resources in Sabah n Sarawak.
02/06/2020 7:57 PM
monetary if u have children going to uni tell them to study telco engineering. hot job.
02/06/2020 8:04 PM
ChartTrader REDTONE(0032)

It gaps up with volumes on 23/4 and hit a high of $0.495.
Since then it has been trading sideways from $0.405 to $0.495, and $0.495 was tested few times but proved to be strong Resistance.
The Gap of $0.375 to $0.41 has proved to be strong support.
Today it closed with a Bullish Candle with volumes, I anticipate RedTone to test its Strong Resistance at $0.495 and in the event this level is broken, it should try its $0.54/$0.57.
If it fails to clear $0.495, I will collect again when it is consolidating towards $0.405.

Stop Loss if $0.375 is violated.
02/06/2020 10:28 PM
MatthewBong 陈志远的股没有机会了,已直接将5G频谱颁给4大电讯公司和土著富豪丹斯里赛莫达的Altel通讯公司
02/06/2020 10:53 PM
calvintaneng Maincon or subcon does not matter

Only thing is Redtone must get a decent profit which is the most important criteria
02/06/2020 10:57 PM
monetary Apparently many haven't study nfcp 1 to 6. Commenting like a tin kosong. Money is for the knowledgeable to earn.
03/06/2020 5:57 AM
monetary Nfcp 1 2 is to bring remote areas especially in Sabah Sarawak Pahang Kelantan Trengganu to telecommunication domain. Nfcp 4 is to connect orang asli settlements. These r the basic infrastructures. The gov needs Sabah '& Sarawak's vote. So u think the gov can proceed with ecrl n hrs and leave Sabahan & Sarawakian isolated from communication network? Which project will have the privilege?
03/06/2020 8:43 AM
monetary Ppl think nfcp is all about 5G. WRONG!
03/06/2020 8:44 AM
monetary If u r trading no need talk so much. Just read the chart.
03/06/2020 8:51 AM
Mikecyc The Star

Malaysia hands 5G spectrum to little-known firm controlled by politically linked tycoon

Wednesday, 03 Jun 2020 
10:49 AM
03/06/2020 11:51 AM
Mikecyc KUALA LUMPUR (ANN): Malaysia has quietly awarded the highly sought-after 5G telecommunications spectrum to several players, including the little-known Altel, a firm controlled by the reclusive but politically connected tycoon Syed Mokhtar al-Bukhary, seemingly without an open tender previously promised.

The May 15 decision, signed off by Communications and Multimedia Minister Saifuddin Abdullah, went unannounced to the public and appears to be the first major reversal of infrastructure policy by the three-month-old Perikatan Nasional (PN) government.
03/06/2020 11:52 AM
Mikecyc The rollout of 5G is a key plank in the RM22 billion (S$7.2 billion) National Fiberisation and Connectivity Plan, which PN has promised would continue despite the change of government.
A check on the MCMC website found that no tenders were called, and executives from various telecoms firms also told The Straits Times they were not aware of any invitations to bid for the spectrum.

"It is strange because some of the companies that were awarded are public listed. They would have to announce it to the stock exchange once they are aware as there are also hundreds of millions in fees involved," one executive who spoke on condition of anonymity said.

Leading mobile service providers Maxis, Celcom and DiGi were awarded two bands of 10 megahertz (2x10MHz), while Altel, despite being a minor player, was given 2x5MHz. Telekom Malaysia, the state telecommunications firm which largely operates fixed line services, was allocated 2x5MHz.

Telcos must pay an upfront sum as well as annual fees for spectrum allocations. Although not fixed, some firms have paid up to RM600 million upfront, with RM51 million in annual fees for their allotments which last for over 15 years.
03/06/2020 11:54 AM
shortinvestor77 https://www.klsescreener.com/v2/news/view/684577/minister-cancels-700mhz-spectrum-awards-to-tm-digi-maxis-altel-and-axiata
03/06/2020 5:05 PM
shortinvestor77 Minister cancels 700MHz spectrum awards to TM, DiGi, Maxis, Altel and Axiata
TheEdge Wed, Jun 03, 2020 04:45pm - 18 minutes ago


KUALA LUMPUR (June 3): Communications and Multimedia (KKMM) Minister Datuk Saifuddin Abdullah has cancelled his order to award portions of the 700 megahertz (MHz) band to DiGi.Com Bhd, Maxis Bhd, Telekom Malaysia Bhd (TM), Altel Communications Sdn Bhd and Axiata Group Bhd.

In a statement today, the minister said that 18 instruments, including ministerial orders and findings regarding the usage of spectrum frequencies in the 700MHz, 900MHz and 2600MHz had been presented to him.

“Based on technical issues, laws and the need to follow a clear process, I have ordered the chairman of the Malaysian Communications and Multimedia Commission (MCMC) to cancel the above orders and findings, and to reevaluate the instruments with immediate haste,” said Saifuddin in the statement.
03/06/2020 5:05 PM
shortinvestor77 Like that also can?
03/06/2020 5:05 PM
calvintaneng Hahaha

Good news

Altel is not in mcmc tender and not in Telekom tender

Redtone is in

See if Redtone will get a fair share
03/06/2020 5:30 PM
Mikecyc Leading mobile service providers Maxis, Celcom and DiGi were awarded two bands of 10 megahertz (2x10MHz), while Altel, despite being a minor player, was given 2x5MHz. Telekom Malaysia, the state telecommunications firm which largely operates fixed line services, was allocated 2x5MHz.
03/06/2020 9:37 PM
Mikecyc KUALA LUMPUR (June 3): Communications and Multimedia (KKMM) Minister Datuk Saifuddin Abdullah has cancelled his order to award portions of the 700 megahertz (MHz) band to DiGi.Com Bhd, Maxis Bhd, Telekom Malaysia Bhd (TM), Altel Communications Sdn Bhd and Axiata Group Bhd.
03/06/2020 9:38 PM
Mikecyc haha different bandwidth 700 MHZ is cancelled but not 2 x 5 MHZ.
03/06/2020 9:40 PM
Mikecyc Redtone which delayed in project execution for Time 3 project by MCMC as an USP is a signed of incompetency. still can get contract order ?
03/06/2020 9:43 PM
calvintaneng All cancelled must now go thru tender as planned

Redtone already in mcmc and Telekom tender

Redtone flexicraft has increased it's business from 2 to 20 or up by 1,000%

Redtone is on track to perform very well

And superb in collection of payment which increased cash Hoard by 91%

Redtone now cash rich and debt free cash give a bigger dividend payout
03/06/2020 9:51 PM
darkangell Really joker.
03/06/2020 10:05 PM
Mikecyc Altel, a subsidiary of Tan Sri Syed Mokhtar's Puncak Semangat, was awarded the most amount of spectrum in the 2.6GHz band to deploy 4G services by MCMC in late 2012
03/06/2020 10:05 PM
Mikecyc Redtone flexicraft in IDS is only 1.6 % of total revenue.
03/06/2020 10:07 PM
calvintaneng Redtone was 1.6% then with only 2 customers in ioi and paramount

That was then

Now got more than 20 customers including Ntuc Fair Price chain of 150 supermarkets in Singapore

So revenue has jumped to 16%? And growing strong
03/06/2020 10:18 PM
Mikecyc haha just kon maths.
03/06/2020 10:25 PM
Mikecyc PETALING JAYA: The National Fiberisation and Connectivity Plan (NFCP) and 5G rollout could see some delays in timeline with the prolonged movement control order (MCO), coupled with uncertainties if the industry regulator revises its plans for the sector, says Kenanga Research.

It said players themselves are having difficulties with installation and expansion work, limiting to infrastructure maintenance and it is likely that network expansion goals driven by the NFCP are also on hold.

“Additionally, it is uncertain if the Malaysian Communications and Multimedia Commission could be revisiting its agenda for players to offer entry-level fixed broadband packages at 1% of GNI by 2020, which is about RM40 per month.

“Questions on this arise as operators face strains from the MCO-induced economic slowdown and also if the timing to introduce such measures could be feasible at this juncture, ’’ Kenanga said.

It added that on top of that, the lack of announcements on the 5G spectrum allocation to participants/consortiums seems to certainly nail the delay of its targeted commercialisation in the third quarter of this year.

The 3.5GHz spectrum meant for 5G rollout was earmarked to be allocated by the first quarter of this year.

“That said, we do not anticipate its eventual initial rollout to be a nation-wide affair, but instead would only be focused on providing enterprise solutions, amidst potentially heavy investment pipelines in activating the necessary infrastructure, ’’ it said.
03/06/2020 10:25 PM
Mikecyc Revenue for 3Q , 9 months ended 31/3/2020 :

Telecommunication services = 59,880,000

MTNS = 76,380,000

IDS = 2,329,000

Results : year to date , 9 months ended 31/3/2020:

Telecommunication services: profit = RM 19,595,000

MTNS : profit = RM 8,886,000

IDS : Loss = RM (1,374,000 )
___________

# Q3 : Jan to March 2020 :

Telecommunication services = 19,546,000

MTNS = 17,132,000

IDS = 879,000

# Q2: Oct to Dec 2019 :

Telecommunication services = 20,174,000

MTNS = 23,351,000

IDS = 601,000

# Q1 : July to Sept 2019 :

Telecommunication services = 20,160,000

MTNS = 35,897,000

IDS = 849,000

>>>>>

MTNS and IDS revenue are decreasing comparing Q2 to Q1 .

6 months Profit/Loss generated from segments:

Telecommunications services, profit RM 15.134 million

MTNS , Profit RM 6.736 million.

IDS , Loss ( RM 1.107 million ) .
03/06/2020 10:27 PM
calvintaneng Redtone already showed fantastic turnaround in Cash in its latest qtr report

Cash position is now 25% of share price

Plus the cancelling of mcmc award for altel and 4 other telcos augur well for redtone

Both redtone and Umobile are in the tender when Gobin Singh From was in charge

So there is now hope of securing further Nfcp jobs by either Umobile or redtone

If Umobile gets job like in nfcp1 redtone will also benefit

Another good job is the customers of Flexicraft has increased by 2 to 20

Redtone management is both creative and proactive

Flexicraft has been a good venture. More so as Mco caused lock down and companies now market it's product online thru flexicraft

And even in MCO lock down redtone I'd able to collect debt of Rm39.3 millions

One more very good point is the completion of interest payment for loan stock

Now loan stocks being converted fully to mother share we can expect redtone to pay a higher future dividend

All the favourable factors are now supporting redtone
04/06/2020 6:57 AM
makemoney1 Anywhere I go, @mikecyc always paint a negative picture.
04/06/2020 8:10 AM
ahmadyasni will keep this stock for awhile..
04/06/2020 5:39 PM
Roy 8 Good prospect. Just buy and wait patiently. Big ang pow will come!
05/06/2020 9:49 AM
TheSecret I like big Ang Paw
05/06/2020 10:27 AM
TheSecret Wait and see 3pm got any good news from PM.
05/06/2020 11:17 AM
Hui_k_c Redtone has no NFCP project how to have big ang paw. today up to 0.45 i will sell to take profit
05/06/2020 11:46 AM
stncws just in.....43.5
05/06/2020 12:36 PM
stncws REDTONE IS JEWERLY OF RHB 20TOP PICK..S
05/06/2020 12:57 PM


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