huge support on 0.71!

andyteng: hopefully! :)

accumulating can be seen between 0.705 and 0.71 levels and it's healthy too. For the past 2 weeks, this stock had been hovering between 0.67 to 0.72 and holding tight. More upside coming up soon!

yes, WA closing 0.435! Happy day!

Superman88: now it's time to accumulate since it not yet fly :)

9696_88: you also familiar with the golden hour, volume is building up again! 15 minutes before the golden hour kicks off!

volume slowly build up at 0.705!

time to bull soon? Waiting for the timing now :)

it's building a base on between 0.70 and 0.71!

Market start to retreat, that's why it's not up much!

REDTone-WA is buying is very strong! :)

now sleeping mode again, wait later see any show

selling is over I guess for redtone, will be uptrend again soon!

Now for 0.715, huge roadblock and 0.72!

wow! Suddenly coming!

No big kaki's enter REDTone yet this morning! Trading dull!

Europe Share Prices Soared High above 100 points closing with FTSE closing almost 200 points while DAX and CAC40 above 100 pts!

I think we should show some respect for our brother gimmy2u who worked very hard in getting out the news to all of us. It's very beneficial to all of us investors of telcos and also to REDTone....his article will determine whether you should be investing in REDTone as a telco company. Take this as compliment :)

moneyking96: will boom after Q4 report release out I guess :)

FTSE index up 180 points

chua: DJ no trading today. Holiday Independence Day!

messibarca: insyallah!

gimmy2u: After seeing the video, I can tell u one thing, 1 important thing, PROUD TO BE REDTONER! :)

humbled: cheers! :)

OTHERS REDtone International Berhad("RIB" or "the Company") - Incorporation of REDtone MEX Sdn Bhd

REDTONE INTERNATIONAL BERHAD


Type Announcement
Subject OTHERS
Description REDtone International Berhad("RIB" or "the Company")
- Incorporation of REDtone MEX Sdn Bhd




Pursuant to Rule 9.19(23) of the ACE Market Listing Requirements of Bursa Malaysia Securities Berhad, the Board of Directors of RIB wishes to announce that the Company had on 3 July 2013 incorporated a 70%-owned subsidiary in Malaysia, namely REDtone MEX Sdn Bhd ("RMSB") (Company No. 1052697-U).


The authorised share capital of RMSB is RM400,000 divided into 400,000 ordinary shares of RM1.00 each with its issued and fully paid-up share capital of RM10.00 divided into 10 ordinary shares of RM1.00 each. RMSB is currently dormant and the intended principal activity is to provide tele-health services. The remaining 30% of the equity interest in RMSB is owned by People Health Sdn Bhd.

The incorporation of RMSB is not expected to have any material effects on the issued and paid-up share capital, consolidated earnings and net assets per share, gearing and major shareholders' shareholdings of RIB for the financial year ending 31 May 2014.


None of the Directors and/or major shareholders of RIB and/or persons connected with them has any interest, direct or indirect, in RMSB.

lwalk, from the technical chart, just waiting for the uptrend, will happen anytime :)

really good Daniel, now at very discount price

lwalk, good info for sharing, thanks a lot!

I can sense REDTone high profit in the making on the Q4!

Planning to collect more WA

WA, I can see many people buying particularly because Kenanga is on the boat!

chua: yes...I guess many collecting before the quarter report comes out this month

Golden hour will have some profit taking today

Coming up the golden hour!

GO REDTONE GO!

Time to jalan!

REDTone, volume is intact again to jalan again!

I think if analyst can say this, most probably it will happen...because analyst also have some inside information about redtone

Buybackma, I think is below premium price, that's why Kenanga bought this share

0.405 got 7K buyers..mostly from Kenanga

Kenanga accumulating WA at 0.405! Something big coming

coming up 4.00pm the golden hour!

We are adding 40,000 REDTONE-WA @ RM0.405 each to our Thematic and Growth Portfolios. We believe REDTONE is on track to report its record-high profit in its upcoming 4QFY13 results by the end of July. Meanwhile, the recent partner with Johor’s Royal family on bidding the digital terrestrial television broadcast (“DTTB”) infrastructure contract may provide an immediate catalyst to the share price should the company win the bidding in the later stage. At present, our target price for REDTONE is RM0.75 (based on a targeted FY14 PER of 14.5x (+0.5 SD), implied a target price of RM0.50 to the group’s warrant. Note that, the group has a total warrant outstanding of 162.4m shares (based on Bloomberg estimate) with a strike price of RM0.25. The warrant is set to expire on 3/4/2015.

Source: Kenanga

sleeping is better than going down :)

My last purchase if WA is at 0.43 last week Friday, humbled, u bought at lower price, good opportunity perhaps for u!

yeahhh, bagus heroo! I hope can up above 200 points today!

jasonlim84: pray hard to god father! :)

KAHFIEHLAI, can see futures ma just now, is green!

tomolo above 70x for sure, DJ green!

yes, hopefully, a green 2nd session perhaps?