Dear Friends, Investors and Traders,

This October 11th 12 MP Budget will Focus on Rm21.6 BILLIONS for NFCP Or NATIONWIDE FIBERISATION 

Among the Top Beneficiary apart from Opcom (Fiber Optic Manufacturer) Will be RedTone

The thrust of the NFCP is to bridge the growth of the Malaysian Digital Economy in General and the Rural Economy in particular

And these are the Top 10 Reasons to buy REDTONE

1) REDTONE IS THE SPECIALIST FOR THE RURAL LAST MILE DIGITAL REACH

See

Govt approves RM21.6 billion plan that gives urban, rural folk equal access to Internet

SO REDTONE WILL BE CHUN CHUN FOR GETTTING MORE RURAL INFRAR JOBS AGAIN 

2) REDTONE IS CASH RICH

REDTONE HAS RM51.76 MILLIONS CASH AND A SMALL DEBT OF RM1.66 MILLIONS

SO IT HAS A VERY HEALTHY BALANCE SHEET LIKE PENERGY, SCOMIES & OPCOM 

3) REDTONE ALSO PAYS A DIVIDEND OF 1 SEN

IT HAS 6.7 SEN IN NET CASH. AND IF REDTONE EARNINGS INCREASE WE CAN EXPECT INCREASE PAYOUT OF DIVIDENDS TO FOLLOW

4) REDTONE AT 48.5 SEN IS TRADING AT NEAR HALFWAY MARK FROM ITS HIGH AT 87 SEN TO ITS RECENT LOW OF 15 SEN (If we take 87 sen and add it with 15 sen then divides by 2 the half way mark is the exact intraday high of today at 51 sen before closing down at 48.5 sen

SO REDTONE IN ITS HISTORICAL CONTEXT IS STILL UNDEMANDING IN PRICE

5) UMOBILE BOSS TAN SRI VINCENT TAN & JOHOR SULTAN ARE TOP 2 HOLDERS OF REDTONE

Refer to Annual Report of REDTONE

SUBSTANTIAL SHAREHOLDERS’ SHAREHOLDINGS OF REDTONE

No. of Shares Held No. Name Direct % Indirect %

1. Juara Sejati Sdn Bhd 344,612,912 

2. Berjaya Group Berhad – – 386,812,912

3. Berjaya Corporation Berhad – – 386,812,912

4. Tan Sri Dato’ Seri Vincent Tan Chee Yioun 7,000,000

5. DYMM Sultan Ibrahim Johor 134,000,000  –

THESE SHARES WERE ACCUMULATED FROM YEAR 2015 AT MUCH HIGHER PRICES FROM 65 SEN TO 75 SEN FROM REDTONE FOUNDER WEI CHUAN BENG

TSVT WAS AN EXPERT IN TELCOS. HIS DIGI WAS AN IMMENSE SUCCESS WHICH HE SOLD OFF IN A TIME OF NEED

THEN HE FOUNDED U-MOBILE ANOTHER RUN AWAY SUCCESS (ONE OF CALVIN'S 2 SMART PHONE IS REGISTERED WITH U-MOBILE)

AND THERE IS SYNERGY BETWEEN REDTONE & U-MOBILE, PLUS ALL OTHER COMPANIES OWNED BY THE BERJAYA GROUP 

(Just as PUBLIC BANK Synergy with Lonpac Insurance (LPI). Everyone who takes housing loan from Public Bank must take insurance from LPI) (So U-Mobile & Redtone will have Long term Synergy)

TSVT HAS THE UNCANNY KNACK FOR PICKING OUT GREAT COMPANIES - ONE OF THEM IS MAGNI-TECH WHICH HE BOUGHT WHILE CHEAP AND SOLD FOR GOOD PROFIT

THIS REDTONE WILL BE ANOTHER FUTURE SUCCESS

6) REDTONE IS SO CONFIDENT OF ITS OWN PROSPECT THAT IT EVEN USE SURPLUS CASH FOR SHARE BUY BACK

19-Dec-2016	19-Dec-2016	Buyback	1,000	0.295	0.295
19-Dec-2016	19-Dec-2016	Buyback	1,000	0.295	0.295
01-Jul-2016	01-Jul-2016	Buyback	1,000	0.400	0.400
01-Jul-2016	01-Jul-2016	Buyback	1,000	0.400	0.400
04-May-2016	04-May-2016	Buyback	40,000	0.520	0.530
04-May-2016	04-May-2016	Buyback	40,000	0.520	0.530
29-Apr-2016	29-Apr-2016	Buyback	100,000	0.530	0.535

26-Feb-2016	26-Feb-2016	Buyback	300,000	0.515	0.525
29-Jan-2016	29-Jan-2016	Buyback	153,100	0.535	0.560
28-Jan-2016	29-Jan-2016	Buyback	376,000	0.510	0.560
28-Jan-2016	28-Jan-2016	Buyback	222,900	0.510	0.540
23-Dec-2015	23-Dec-2015	Buyback	1,000	0.620	0.620
23-Dec-2015	23-Dec-2015	Buyback	1,000	0.620	0.620
18-Sep-2015	18-Sep-2015	Buyback	42,000	0.650	0.660
15-Sep-2015	18-Sep-2015	Buyback	192,000	0.620	0.660
15-Sep-2015	15-Sep-2015	Buyback	150,000	0.620	0.650
09-Sep-2015	09-Sep-2015	Buyback	150,000	0.580	0.590
09-Sep-2015	09-Sep-2015	Buyback	150,000	0.580	0.590
30-Jul-2015	30-Jul-2015	Buyback	1,000	0.720	0.720

ACCORDING TO ITS LATEST QTR RESULT REDTONE HAS 9.5 MILLION TREASURY REDTONE SHARES VALUED AT 59.5 SEN

SO AT 48.5 SEN WE ARE GETTING IN CHEAPER THAN 59.5 SEN BY 11 SEN LESS OR 18% DISCOUNT TO COST OF  TREASURY SHARES!

7) REDTONE FOUNDER EVEN AFTER DISPOSING MAJORITY SHARES TO TSVT & JOHOR SULTAN STILL IN TOP 30 HOLDERS OF REDTONE (THAT MEANS HE STILL BELIEVE IN HIS OWN VISION.

See

At Top 4 position

4. Inter-Pacific Equity Nominees (Tempatan) Sdn Bhd 

 Pledged Securities Account For Wei Chuan Beng  14,883,000 (HE DIDN'T SELL ALL BUT KEPT SOME REDTONE SHARES)

IN FACT AFTER SELLING TO TSVT IN YEAR 2015 WEI CHUAN BENG EVEN BOUGHT BACK REDTONE SHARES FROM THE OPEN MARKET

See

DATO WEI CHUAN BENG	05-Dec-2016	Acquired	2,000,000	0.000
DATO WEI CHUAN BENG	11-Jul-2016	Acquired	22,300	0.355
DATO WEI CHUAN BENG	08-Jul-2016	Acquired	40,000	0.363
DATO' WEI CHUAN BENG	31-May-2016	Acquired	21,000	0.462

HE HAS BEEN HOLDING THESE SHARES SINCE YEAR 2016 AS HIGH AS 46.2 SEN (AFTER 3 YEARS NOW WITH MARGIN INTEREST COST HIS HOLDING COST MUST BE NEAR TODAY CLOSING PRICE OF 48.5 SEN

See at No. 6

6. Maybank Nominees (Tempatan) Sdn Bhd

 Pledged Securities Account For Wei Chuan Beng 7,546,900 

notice the word Pledged Securities? That means he bought on margin

7. AT LAST QUARTER 0.84 SEN EARNING IF WE ANNUALISED IT TO 3.36 SEN PROFIT

AT 48.5 SEN REDTONE HAS A CURRENT GROWTH OF 6.9% or PE of 14.43

WHAT ABOUT THE RM21.6 BILLIONS NFCP GAME CHANGER?

REDTONE WILL DEFINITELY SHOW EXCEPTIONAL GROWTH GOING INTO THE DIGITAL ECONOMY EXPANSION INTO ALL NOOKS AND CORNERS OF MALAYSIA

8) IN THE RM30 BILLIONS CAPEX FROM PETRONAS 5 OGSE DID EXCEPTIONALLY WELL

BOTH DAYANG AND CARIMIN STOOD OUT

DAYANG UP MORE THAN 200% FROM 50 SEN TO ALMOST RM1.70

CARIMIN UP FROM 39 SEN TO CROSS RM1.10 TODAY

NOW RM21.6  BILLIONS FOR NATIONWIDE FIBERISATION WILL SIMILARLY PROPEL EARNINGS GROWTH THE DIGITAL ECONOMY STOCKS LIKE OPCOM, NETX & REDTONE

IF WE EQUATE OPCOM WITH DAYANG = CAN WE EQUATE REDTONE WITH CARIMIN?

CALVIN THINKS HIGHLY POSSIBLE AS RM21.6 BILLIONS JOB AWARD INTO THESE FEW STOCKS WILL GREATLY ACCELERATE UP THEIR EARNINGS TO MULTI YEAR HIGH

9) CARIMIN MEANS CARI FOR SEARCH & MIN FOR MINYAK = SO CARIMIN HAS FOUND ITS POT OF OIL (GOLD)

AND REDTONE?

A COMPOUND OF TWO WORDS

RED As in RED HOT

TONE = The Tone of Voices Fill With Wild Excitement

SO REDTONE MIGHT ONE DAY BE RED HOT HOT ON THE LIPS OF ALL ON HAND PJONE AND SMART PHONE WITH VOICES WILD WITH THE TONE OF GREAT EXCITEMENT

10) AT 48.5 SEN CALVIN HAS A TARGET PRICE OF RM1.00 FOR REDTONE IN ONE YEAR'S TIME WHEN NFCP IN FULL SWING

AHA!

I CALLED FOR A BUY ON CARIMIN AT 39 SEN AND TOLD PEOPLE TO SELL CARIMIN AT 80 SEN https://klse.i3investor.com/blogs/www.eaglevisioninvest.com/145533.jsp

BUT THEY STILL CHASED CARIMIN OVER RM1.10  https://klse.i3investor.com/servlets/stk/5257.jsp = THEIR EARS ALL DEAF TO MY TONE OF SELLING? THEY ARE SO ENGROSSED WITH CARIMIN THAT THEY CAN'T HEAR ANY TONE ON THE PHONE?

WAHAHA!!

SOMEDAY YET AHEAD REDTONE, TOO, MIGHT TURN RED HOT & WILL THEY HEED CALVIN'S SELL CALL

UNTIL THEN

BEST REGARDS

FROM SINGAPORE

Calvin Tan Research

Please buy or sell after doing your own due diligence

STOP PRESS

LATEST JOB AWARD BY REDTONE SUBSIDIARY