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
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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
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
Minor setback due to change of spectrum
But Redtone like all others will readjust
REDtone management is pro-active
2020-05-25 19:19
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%
2024-02-06 20:34
steve928
Would like to be a member of your whatsapp group. How do I join.
2020-05-25 10:40