looks like investors clearly disagreed with the transaction..management better take notes and be more sensitive on this..

ok never mind:)

hi calvin,allow me to remind you that netx is not license holder of MCMC,so they are not qualified to tender NFCP project,not offence ya.

merely investment still ok..since both are profitable company and redtone got huge cash pile in hand..the investment is liquid so can sell for cash when needed.

should remain range bound until end of dec,collecting pattern based on today movement.

NFCP 1 and 2 is merely the very beginning of entire NFCP masterplan,much more to come.

but no matter it is east malaysia or west malaysia,as long as it is under USP initiative project,redtone had high chance to win it.the last 3 contract than redtone won from MCMC is cover both east and west malaysia,can go check it in bursa announcement(year 2012,2014 and 2017).

simon,under NFCP government targeted to expand telco coverage to 98% from 92% currently,that means the focus will be on rural area without telco coverage currently(as all township already cover with telco services).

that means sabah and sarawak will be key area to invest by USP fund as most of the under serve area located there.

it is true that NFCP 1 will focus on west malaysia as it is clearly stated in MCMC official statement.

NFCP 2 will cover both west and east malaysia but focus more on the later,as stated by MCMC too.

in total,NFCP 1 and 2 will build 653 tower, and 350 tower will be located in sabah and sarawak.so,it is true to say east malaysia will be benefit more under NFCP 1 and NFCP2 as more than 50% new tower will be there.

both NFCP 1 and NFCP 2 is financed by USP fund

ock?opcom?binacom?rohas?netx?

yes,they might benefited from NFCP as well from significant rise in industry investment.

but when talk about USP project,Redtone is the one and only in bursa.

if you still dont know what is USP fund under MCMC,you can get complete information at MCMC's website.

bear in mind that USP fund gonna invest RM11 BILLION into rural telco towers from now until 2023.

thats why i prefer redtone.

currently,only one listed company in bursa that specialize on rural USP project,which is redtone.

sacofa focus on telco tower,they own and operate telco tower in major urban area of sarawak.then rent it out to digi maxis celcom for profit.

but when come to rural area,telco tower mostly invest and own by USP fund under supervision of MCMC,redtone is the biggest MTNS player now at sabah and sarawak,and had been working on USP project with MCMC for years.

i thought NFCP contract will only start to release by april 2020 onward,seems like i am wrong,next month will be the big day.

get ready:)

https://www.mcmc.gov.my/skmmgovmy/media/General/pdf/20191209-PRESS-RELEASE-NFCP1-PROJECTS-TO-BE-AWARDED-TO-ELIGIBLE-SERVICE-PROVIDERS-IN-EARLY-JANUARY-2020_1.pdf

exciting years ahead

too bad i cant take photo,i hope the company can upload the presentation silde on their website,CEO Mr.Lau had done a great job,outlook of all three businesses very good especially MTNS.

i'll write a blog tonight or tomorrow to share the information

AGM concluded with very positive outcome.

add some today

panic.

good profit growth,decent dividend,and benefited to big market trend.

personally,i prefer redtone maintain current status.

but if u mobile buyout redtone with good price before listing,then different story.

RTO is good thing to redtone?i dont think so as redtone profit is growing rapidly but u mobile still struggle for profit.

we invest in redtone because of its business,not because of u mobile listing or RTO

of course u mobile separate listing,otherwise how could u mobile rise RM 2 billion from IPO?

speculate on good result always lose money,the trend is consistent for years,pity speculators.

dayang armada jaks,same pattern.

typical bursa style:rise,announce good result,drop,then rise again.

many job opportunity ahead,MCMC also started to call for tender already,they got RM9-10billion USP fund to spend.

speculators started to panic,this week should stay sideway.

ok no problem

AGM will be held by next wednesday.i'll attend the meeting,anything you guys wanted to know can leave your comment here.i'll ask the management during AGM.

redtone will get new contract from MCMC for sure,just we dont know the size of the new contract,open tender for rural telco network contract already began two weeks ago,redtone got very good chance to win as they are particular strong in that aspect.

the power of NFCP

will be improve further in coming quarter as the RM130million sri lanka project will start to contribute soon.

best quarter ever

fantastic start of FY 2020!!!

250 million will be 1st allocation only,more are coming,since the total amount which will be spend by MCMC estimated around RM10-11 billion.

Micheal kwok look at the date of my 1st article on redtone.

https://www.facebook.com/redtonemalaysia/videos/635247910335166/

should break rm 3.50 soon

agree,if palm oil miller and plastic manufacturing business perform well and registered positive profit,upside will be very significant,just buy and wait.

coming results will be good,no financial commitment right now,40 to 50cen of special dividend was more than easier.lets see it

i am wondering,based on 50% dividend payout,16.7m net profit,how did KENANGA computed 2.5cen DPS for 2014?

homeriz achieve 15.1m net profit for FY 2013,equal to 7.56sen EPS,and paid 3.75cen as SINGLE-TIER dividend for the year,or 50% payout.

kenanga assume net profit to be achieve 10% growth in FY 2014,and 50% payout maintain,without enlarge share capital base,FY 2014 DPS should equal to 4.175cen,0r 5.03% dividend yield(calculated by 83cen TP).

furthermore,homeriz achieved net profit of 5.7m in 1st Q,35% of kenanga full year forecast,if 2nd Q result perform as good as 1st Q,full year forecast will definitely having upside bias,as well as DPS.

correct me if i am making mistake.if not,please request Kenanga to modify their report(for the DPS part).

i am wondering,based on 50% dividend payout,16.7m net profit,how did KENANGA computed 2.5cen DPS for 2014?

homeriz achieve 15.1m net profit for FY 2013,equal to 7.56sen EPS,and paid 3.75cen as SINGLE-TIER dividend for the year,or 50% payout.

kenanga assume net profit to be achieve 10% growth in FY 2014,and 50% payout maintain,without enlarge share capital base,FY 2014 DPS should equal to 4.175cen,0r 5.03% dividend yield(calculated by 83cen TP).

furthermore,homeriz achieved net profit of 5.7m in 1st Q,35% of kenanga full year forecast,if 2nd Q result perform as good as 1st Q,full year forecast will definitely having upside bias,as well as DPS.

correct me if i am making mistake.if not,please request Kenanga to modify their report(for the DPS part).