Dato Wei bought 2M shares ............. :)

Watch Dato Wei converting his loan stocks to mother shares ! What's the meaning ?

Redtone sold the mobile unit 2 yrs ago I think.................

Anyone went for the AGM? Pls comment..............

buy buy buy ...................

Announcement is coming....?

got announcement coming......

reinvesting profits is good for the company....

i think xox game is over..................

nice :))

engine start liao.......

Dato Wei buying at 0.705.....

@supernova thx for the info :)

Guys.... the stabilizing action will last till when plz?

thx ozzie75.

what is the reason for the big loss!! any update ??

When is the mgo exporing? thx.....

http://www.bursamalaysia.com/market/listed-companies/company-announcements/1866157

new prospects.......http://www.telecompaper.com/news/redtone-powers-broadband-service-at-frontier-industrial-park--1059814

anyone can explain why the revenue increased/steady but the profits decreased so much the last qtr results? thx....

http://www.thestar.com.my/News/Community/2014/11/13/Data-consumption-doubles-Malaysians-use-twice-as-much-bandwith-in-first-half-of-the-year/?style=biz

Internet Of Things [IOT] http://en.wikipedia.org/wiki/Internet_of_Things

http://www.bursamalaysia.com/market/listed-companies/company-announcements/1792233

i think selling is not finished yet......see the next few days....

another interesting article, while telco may suffer from lower margin bcoz of competition, broadband is expected to be stable thru data usage.....http://www.thestar.com.my/Business/Business-News/2014/11/11/Fitch-Intense-Competition-in-Malaysia-to-Narrow-Telco-Margins/?style=biz

Just sharing an interesting article....http://www.thesundaily.my/news/1222862

becareful...i see directors disposing ?

have to wait next wks liao....see sentiment improving then will chiong :)

http://www.bursamalaysia.com/market/listed-companies/company-announcements/1774421

reported earnings miss.......

hosey liao tomorrow....dow up 300pts......

it's not for retail investors.....directors or employee option i think :)

looks like price steady now....rebound coming?

yup....@bursafreeman that's right...

wow...dato wei have bought 2.4M shares in 2 wks. something's coming?

Redtone may gain further after breaching the MYR0.82 level. Traders may buy if the stock sustains above this level in the near term. The target price is MYR1.00, if the MYR0.85 resistance level isbreached. Failure to hold above the MYR0.82 level could prompt a pullback and correction. Further support may be found at MYR0.75, whereupon traders could exit on a breach. ~ by RHB.

nicely breaking higher..... :)

Can anyone tell me what is K1 core products? Thx :)

On its planned listing transfer from the ACE Market to the Main Market, Wei said the move will help the telecommunication provider to strengthen its position to take on bigger projects.

"We are now in the position to undertake bigger projects. Some of these projects would require a very substantial amount of funding. We also believe it will strengthen our position to undertake bigger projects," he said.

Currently, Wei said the company is tendering for projects worth RM1.5 billion locally.

He said the company, which has been listed on the ACE Market for nearly 10 years, sees the listing transfer as an important phase for the company to strive for better growth.

"A lot of investors look for Main Market companies to invest. It is high time for us to have a larger pool of shareholders," he said, adding that the company is currently having meetings with its adviser to firm up the schedule for the planned listing transfer.

Wei said the company is expected to submit its proposal to the Securities Commission sometime in October or November for approval. It hopes that the transfer of listing will materialise in the first quarter of 2015.

- See more at: http://www.thesundaily.my/news/1142746#sthash.qMhUy0dt.dpuf

REDtone: Targets 30% growth in revenue for FY15. REDtone International, which aims to transfer listing to the Main Market of Bursa Malaysia in the 1Q of 2015, targets to achieve 30% growth in revenue in the current financial year ending May 31, 2015, said its founder and MD Datuk Wei Chuan Beng. He said its four growth pillars - telecommunications, managed telco network, managed value-added and mobile services will be driving the growth in topline numbers. "We have been taking a capex light approach, running the business on a recurring revenue model and leveraging on our core competencies. We will continue to be guided by these practices as we move into a new phase of growth," he said. (SunBiz)

8814........

director bought @78c....http://www.bursamalaysia.com/market/listed-companies/company-announcements/1699061

http://klse.i3investor.com/blogs/kenangaresearch/56056.jsp

Delay in project billing. RIB is unlikely to recognize the final slice of its T3 project (c. 25% out of the RM82.5m contract value awarded in the year 2012) in the upcoming 4Q14 result due to the delay in billing. Nevertheless, management indicated that the project’s earnings contribution will be recognized in 1Q15 given the group has completed all the network installation work under the agreement.

regards new business awards, MCMC is expected to announce the successful bidders of the public cellular service tendering process under the TIME 3 (T3) extension project in coming weeks. The T3 extension project is expected to be worth c.RM800m and segregate into two clusters, namely the installation of tower and infrastructure (part 1), and the installation of equipment and electronics related to public cellular service under the concept of RAN sharing technology (part 2). While the project details have yet to be ironed out, management believes there is a fair likelihood for the group to participate in the project due to its vast industry knowledge, respectable track record and technical know-how.

@invester i think you are right. according to rpt perhaps proposal will submit to bursa when audit acc announced in sept. approval will take time but in redtone case, most requirements already achieve? revenue, profits, bumi status.....

Kuala Lumpur, Thursday (July 31, 2014) – REDtone International Bhd (REDtone) is keeping a
firm grip on its profit with the group posting a RM8.93 million net profit for 4Q ended May 31 FY14 to bump up its full FY14 net profit to RM23.81 million, fuelled by continued demand for its data solutions. Its FY14 profit before tax stood at RM28.04 million.
Revenue for the quarter under review was RM37.34 million bringing the total revenue for FY14 to RM144.83 million.
This is the third consecutive year of profitability for REDtone which will be seeking for a transfer to the Main Market in 2015.
The company said that if it weren’t for delays in billing some of its projects, it would have posted a stronger top and bottomline for FY14. The said projects’ earnings contributions will now be
recognized in FY15.
On its FY14 performance, REDtone CEO Lau Bik Soon said the group’s data segment continued to see good growth with revenue increasing to RM86.62 million by end of FY14 from RM75.94 million a year ago.
“While government projects took the lead, there was also higher data usage from corporate
customers as we enhance our value-add solutions as part of the total offerings to them. Adding
value is important to our business as it helps to build customers’ ‘stickiness’ and differentiates us
from the rest,” he said in a statement today.
With better data revenue, its data business segment’s contribution to group revenue has also rose to close to 60% in FY14 compared to 50% a year ago further cementing this business pillar’s increasing importance to REDtone’s growth moving ahead.

Q4 results here....
http://www.bursamalaysia.com/market/listed-companies/company-announcements/1698189

nice...tomorrow will up again :)

if results no good, i think will sideways.....