THE INVESTMENT APPROACH OF CALVIN TAN

A LOOK AT REDTONE(0032) LATEST RESULT & PROSPECTS, Calvin Tan Research

calvintaneng
Publish date: Sat, 23 May 2020, 11:12 PM
calvintaneng
0 1,788
Hi Guys,

I have An Investment Approach I which I would like to all.

Dear Investors/Traders,

REDTONE has reported its latest quarterly results. On the surface it looks like profit has dropped. 

Let's take a deep look & SEE

And these are some findings (Please refer to Redtone latest quarterly report)

 

1) Although  its profit is down it is still positive.

This result is from January to March 31st 2020 quarter. Now we know that there was a lock down from March 18th to 31st 2020 and preceding that was the Chinese New Year holidays. So the actual worrking days are less. In this lock-down period Airlines are making losses. Hotels are closing down. Many businesses turned into losses.

So REDtone is OK

 

2) REDTONE NET CASH HAS INCREASED FROM RM43 MILLIONS TO RM82.3 MILLIONS

This shows it has good reliable paymasters like TELEKOM, MCMC, Selangor Pewter & Others

To be able to COLLECT RM39.3 MILLIONS CASH IN THIS SHORT PERIOD SHOWS A WELL MANAGED COMPANY

AS A RESULT ITS CASH HOARD HAS INCREASED BY 91.3%

In recession time like now CASH IS KING!

This is about 10.9 sen.

So at 43 sen closing price the Cash Position is 25.3% per share.

 

3) CONTRACT ASSETS WAS RM77 MILLIONS

Now there is still a remaining Rm43 millions or another 5.7 sen cash

This will BOOST CASH POSITION TO  16.6 SEN Or 38.6%

VERY EXCELLENT COMPARED TO ALL OTHER NFCP STOCKS

 

4) REDTONE CAN AFFORD TO INCREASE DIVIDEND PAYOUT GOING FORWARD

Already paying 1 sen dividend

Plus no need to pay for 2.75% yearly for loan stock or ICULS anymore.

So if dividend maintains at 1 sen

At 43 sen the yield is 2.3% (already better than Bank FD of 2%)

If divdend is 2 sen then the yield is 4.6%

If 3 sen then the yield will be 6.9%

 

5) REDTONE Has All the Futuristic Industries of 

Internet of Things

Flexicraft

RAN (Radio Aceess Network)

Flexicraft is the ANSWER to MCO Lock-down

Shoe House & Show Room now can be Viewed Online

And it's effective

Take a Visual Tour

CLICK >>> https://www.redtone.com/virtualreality/flexicraft-projects/

CLICK ON THE ABOVE LINK TO SEE MORE & MORE COMPANIES ARE ADVERTISING ONLINE THRU FLEXICRAFT

 

See below

 


https://www.youtube.com/watch?v=f2VJlisr0-0

 

 

 

 

6) REDTONE also got Jobs in Hand Currently

Rm130 Millions for Sri Lanka

See

KUALA LUMPUR (Oct 2): REDtone MEX Sdn Bhd has won an RM130 million contract to provide nationwide medical imaging, filmless radiology information system infrastructure and network connectivity to 20 of the largest hospitals in Sri Lanka, including the national hospital in Colombo.Oct 2, 2019 https://www.google.com/search?q=redtone+sri+lanka+Rm130+millions+job+award&oq=redtone+sri+lanka+Rm130+millions+job+award&aqs=chrome..69i57j33.14575j1j7&sourceid=chrome&ie=UTF-8

 

7) NFCP PHASE 1 REDTONE GETS JOB AWARD THRU UMOBILE

UMobile already secured NFCP1 Job Award which means Redtone already in. 

Both UMobile & REDtone belong to TSVT Vincent Tan

Now there is still Job Awards from NFCP2 to 7 as well as from Telekom Tender Awards

 

8) WITH MCO THE FUTURE OF LEARNING, TRADING, TELE-CONFERENCING, TELE-MEDICINE, E-COMMERCE & E-- BANKING, E-TRADING HAVE MOVED ON-LINE

AND REDTONE HAS ALL THE ADVANTAGE FOR BEING AHEAD OF OTHERS

See what REDtone is doing

 

Business Background

REDtone International Bhd is a digital infrastructure and services provider that offers services under three categories that are Telecommunications Services which offers data and voice services to government, enterprises, and small and medium enterprises (SMEs), Managed Telecommunications Network Services (MTNS) which includes building, maintaining and operating large scale WiFi hotspots, radio access network (RAN) infrastructure and fibre optic infrastructure, and Industry Digital Services (IDS) which includes data centre services, internet of things (IoT) services, cloud services and applications, and healthcare solutions to enterprises, government and the healthcare industry. The company’s Telecom services generate maximum revenue for the company.
In short, REDtone is the Right Company in the Right Time at the Right Place
Redtone is now 43 sen
Short term target price is 60 sen to 80 sen
Longer term Redtone should trade above Rm1.00 to Rm1.20
 
Best Regards
Calvin Tan Research
Singapore
 
Please buy or sell after doing your own due diligence. 

 

 

More articles on THE INVESTMENT APPROACH OF CALVIN TAN
Discussions
1 person likes this. Showing 8 of 8 comments

steve928

Would like to be a member of your whatsapp group. How do I join.

2020-05-25 10:40

calvintaneng

steve928 Would like to be a member of your whatsapp group. How do I join.
25/05/2020 10:40 AM

Very simple & easy

Just whataspp 014 6101668

Please state your name

From which state

Your job (optional)

2020-05-25 11:46

Ganinvestor

Hi calvintaneng:
Can u know below statement in prospect is good for redtone, what is the meaning? thks

"The financial impact is RM3.08 million per quarter and the spectrum value will be
amortised until December 2021 (refer to Note B7)".

2020-05-25 17:09

calvintaneng

Minor setback due to change of spectrum

But Redtone like all others will readjust

REDtone management is pro-active

2020-05-25 19:19

calvintaneng

Redtone buy call was 43 sen

now another great call
today on 6 Feb 2014 Redtone hit a new high of 93 sen or up 116%

2 months ago

calvintaneng

Missed Redtone?

Never mind

Got this

THPLANT : A MISPRICED & MISPLACED SECOND LINER AMONG PENNY PALM OIL STOCKS, AND AS SUCH AT 55.5 SEN IS A REAL GEM OF VALUE,Calvin Tan

https://klse.i3investor.com/web/blog/detail/www.eaglevisioninvest.com/2024-02-07-story-h-189258843-THPLANT_A_MISPRICED_MISPLACED_SECOND_LINER_AMONG_PENNY_PALM_OIL_STOCKS_

2 months ago

calvintaneng

Wahaha

Redtone buy call in May 2020 was 43 sen

Now Rm1.55

Up a whopping 155%

Now all must not miss 🌴🌴🌴 🔥🔥🔥

Cost of Cpo production Rm2000 and dropping to Rm1800 as Nitrogen Fertilizer price crashed by 85%

So go buy these now

Jaya Tiasa (Uptrending Stock)

Thplant ( candidate of privatisation after Bplant)

Hs plant ( good dividend soon)

Tsh Resources. A must have and must hold

1 month ago

calvintaneng

Fcpo now Rm3800 to Rm3900

Real gross profit for 🌴 is almost 100%

Very few business or industry can give 100% gross profit like 🌴🌴🌴 🔥🔥🔥 now! Now!! NOW!!!

1 month ago

Post a Comment