Telecommunications: NFCP Impetus NEUTRAL
The Government will set aside MYR250m from the National Fiberisation & Connectivity Plan (NFCP) to improve broadband access and connectivity in remote areas – more specifically Sabah and Sarawak – via various technologies, including the use of satellite technology for broadband. MYR210m will also be allocated to accelerate the deployment of digital infrastructure for public buildings, ie schools and high economic impact areas such as industrial parks/zones.
Broadly, the allocations should benefit the telcos, which are already capitalising on the MYR21.6bn NFCP blueprint –launched by the Government on 19 Sep. The focus on East Malaysia is to be expected, given the significantly lower broadband penetration vs West Malaysia.
We note that Maxis, DiGi.Com (Digi), and Celcom have rolled out commercial broadband services in Sabah and Sarawak – leveraging on the revamped Mandatory Standards of Access Pricing framework. Maxis is the largest broadband access seeker, with access agreements inked with Telekom Malaysia (TM), Sacofa, and Celcom Timur. Digi also recently inked fibre backhaul and inter-region submarine connectivity agreements with TM, which allows the company to strengthen its fixed and mobile broadband offerings in the two states.
We expect the telco infrastructure and service providers – such as OCK Group and Redtone – to also benefit from the allocations. This is given the demand for additional cell sites for coverage in rural areas, capacity demands, and potentially greater 5G spending in the medium to longer term.
The industry is still awaiting further clarity on mobile spectrum allocations, which should have a bearing on the level of capex spending to meet NFCP obligations and for 5G rollout. The Malaysian Communications & Multimedia Commission plans to assign 5G spectrum in 1H20, with the spectrum to come into effect from Jul 2020.

No any budget strategy mention NEXT benefit from this project. Only REDTONE and OCK

Telecommunications: NFCP Impetus NEUTRAL
The Government will set aside MYR250m from the National Fiberisation & Connectivity Plan (NFCP) to improve broadband access and connectivity in remote areas – more specifically Sabah and Sarawak – via various technologies, including the use of satellite technology for broadband. MYR210m will also be allocated to accelerate the deployment of digital infrastructure for public buildings, ie schools and high economic impact areas such as industrial parks/zones.
Broadly, the allocations should benefit the telcos, which are already capitalising on the MYR21.6bn NFCP blueprint –launched by the Government on 19 Sep. The focus on East Malaysia is to be expected, given the significantly lower broadband penetration vs West Malaysia.
We note that Maxis, DiGi.Com (Digi), and Celcom have rolled out commercial broadband services in Sabah and Sarawak – leveraging on the revamped Mandatory Standards of Access Pricing framework. Maxis is the largest broadband access seeker, with access agreements inked with Telekom Malaysia (TM), Sacofa, and Celcom Timur. Digi also recently inked fibre backhaul and inter-region submarine connectivity agreements with TM, which allows the company to strengthen its fixed and mobile broadband offerings in the two states.
We expect the telco infrastructure and service providers – such as OCK Group and Redtone – to also benefit from the allocations. This is given the demand for additional cell sites for coverage in rural areas, capacity demands, and potentially greater 5G spending in the medium to longer term.
The industry is still awaiting further clarity on mobile spectrum allocations, which should have a bearing on the level of capex spending to meet NFCP obligations and for 5G rollout. The Malaysian Communications & Multimedia Commission plans to assign 5G spectrum in 1H20, with the spectrum to come into effect from Jul 2020


Redtone benefits from NFCP but not NETX, i dint find any budget strategy mention about NETX.
so I don't think NEXT will go up on Monday.

Redtone will fly if not now maybe later. 1.00 will easily touch.

Aiyo, if you follow Redtone from 33 cents you will get mad, but now is the time to hold. My entry price 46 cents.

If Redtone included as tax exempted for 10 years sure Monday fly high .

jump there and here will make you money small, hold. Will get the reward. Only from my view.

contra play already run, time to move high.

Ha ha this counter not the pokai counter to bring down to 30 cents. Green packet not making money also stay above 70 cents with debt.

Cicakman by Friday we will know how high can go, I keep for long term.

This is not goreng counter, hold .

TRADING of shares in REDtone Interna- tional Bhd (fundamental: 2.1/3, valuation: 0.9/3) triggered our momentum algorithm yesterday for the ninth time this year.
The counter closed up one sen or 1.77% at 57.5 sen. A total of 10.3 million shares were traded, exceeding its 200-day average volume of 2.49 million shares. Year-to-date, the stock’s share price has surged three times from 17 sen.
For the two months ended June 30, 2019,
REDtone’s net profit stood at RM6.48 mil- lion, while revenue was at RM32.53 million. There was no comparison numbers for previous year corresponding period due to
the change in its financial year end.
For the cumulative 14 months end- ed June 30, 2019, it posted a net profit of RM21.84 million on a revenue of RM211.46
million.
At the current share price, REDtone is
trading at 2.68 times its book value.

Valuation score* 0.90 Fundamental score** 2.10 TTM P/E (x) 22.12 TTM PEG (x) 0.15 P/NAV (x) 2.64 TTM Dividend yield (%) 1.77 Market capitalisation (mil) 423.36 Shares outstanding (ex-treasury) mil 749.30 Beta 0.95 12-month price range 0.15-0.57

I am looking for big buck, will hold.

this small drop is nothing, let see today closing.

Dow plug over 300 point let see Redtone performance today, 60 cents target for today.

Tomorrow will hit 60 cents may be will hit 70 cents by Friday.

from 46 cents climb non stop up to 58.5 , sure need some pullback before going up again. Today closing will be green. Another 3 days before budget day. I play contra below 40 cents and my last entry 46 cents hold until 5g news.

This counter never push up even many time Q&Q keep increasing, price just start move up, for me should be 80 cents. If they get big portion for 5g price will be more then 1.00 only from my view.
08/10/2019 8:26 AM

let see today can hit 60 cents or not.

will touch 80 cents next week if good news. this counter not goring counter .

When the price cheap people chase other stock , but this price still very cheap.

Number of share 758.806ml x 52.5= you get market cap. 398.373ml

Next week will be better week for redtone, 60 cents and above.

Look like next Friday will hit 60 cents

https://www.shareinvestor.com/fundamental/factsheet.html?counter=0032.MY

according to shareinvestor is 14.2% that mean share not much.

@cicakman according to Isaham Information.

Market Cap: 382 M.

Number of Shares: 758 M.

Float: 13.16%.

Tomorrow sure closing above 50 cents.

today will closed new high.

for this new project should be 60 cents already .

Just look at profit they make QR to QR, hold.

Malaysian Communications and Multimedia Commission (MCMC) Chairman Al-Ishsal Ishak said Altel, Celcom, Digi, edotco, Maxis, Petronas, TM & U Mobile will invest RM116m of their own money to roll out 55 5G use cases across 32 sites in 6 states in Malaysia from 1 Oct 2019 to 31 Mar 2020, and hopes to commercialise some of these use cases starting 3QCY20. The use cases include Smart Traffic Lights, Smart Parking, Remote Diagnosis, Medical Tourism, Remote Medical Consultation, Smart Agriculture, AR for education, Vehicle Tracking and 5G 360° Panoramic Live Video Surveillance. (Malay Mail)

next stop above 50 cents

ha ha kena hentam

People scared if cash call i think.

Maintain BUY, with a higher TP: RM0.44. We are keeping our BUY rating on the stock with higher SOP-driven TP of RM0.44/share (from RM0.34 previously). This is premised upon (i) the incorporation of the ONGC Kakinada 98/2 FPSO to our SOP (+RM0.05); assuming firm and extension period, 6.1% WACC, capex of USD1bn and 80:20 debt equity funding structure and (ii) updating net debt figures from FY18 to 1H19. Our TP of RM0.44 has an implied FY19 P/E of 10.5x and FY19 P/B of 0.7x. Downside risk to our call would be earnings disappointment arising from Kraken operations and significant highly dilutive cash calls.

look like they waiting price to come down to grab. Buying Q is low bills will sell at 34.5 but if strong seller then no way to get 34.5

Geco will join when price hit 40 cents, he only confidence after hit 40 cents.

Ya lo Armada belong to you, that why you so scared

ha ha bank want to borrow you money, they will check until your underwear then they give, so how they give to Armada when full of debt? he he they know better that's why they give loan.

I lough at you all spread rubbish news. We get money what you get?

ha ha they already run with naked.

Let them keep posting rubbish, we just lough at them when price shoot up.
26/09/2019 12:34 PM

1 20 Sep 2019
3,600,000
Acquired Direct Interest

20 Sep 2019
6,000,000
Disposed Direct Interest

Why you want to hide 3,600,000?

They don't want to show they are collecting, if you check buying at 34 cents is higher then seller 33.5 on volume.

(Bloomberg) -- For almost three years, the oil industry has been puzzling over how to supply merchant ships with fuel that will meet tough new environmental standards. Turns out part of the solution was sitting in the ground and under ocean floors all the while: crude oil.

Oil from off the U.K.’s coast, which requires blending -- but no refining -- before being used as a ship fuel, is now being marketed as just that. Similar crudes from places like West Africa and Australia can also be used with little modification. Suitable supplies are ideally low in sulfur and not too flammable.

Using crude to power vessels isn’t entirely new. Back in the 1980s, oil tanker owners would illicitly run pipes from their vessels’ cargo tanks to their engines, according to Per Mansson, a retired merchant seaman and shipbroker. Provided the engineers on the ships were experienced and knew how to deal with the combustibility of the crude -- known as its flash point -- it was a safe operation, he said.

What’s happening now is different. Certain crudes can go -- almost directly -- into vessels’ fuel tanks with very little adjustment. It all depends on a few key parameters, including sulfur content and density of the oil, and how flammable or combustible it is. Rather than going to a refinery, such grades can simply be blended with other products to make something suitable for powering ships.

The U.K. grade that fits the bill is called Kraken — pumped from a field in the North Sea operated by EnQuest Plc. Its sulfur content is a little over the 0.5% required under new ship fuel rules, and it will only ignite at a high temperature, making it potentially good for ship fuel.

Positive Feedback

“A cargo has already been sold to a ship owner and thus we remain very optimistic regarding Kraken’s utility in this market,” says Russell Wall, a commercial and marketing manager at EnQuest. “We have received positive market feedback.”

That shipment was bought by Euronav NV, which plans to use the crude as part of a mix to produce fuel that complies with next year’s rules. The barrels are part of a massive 420,000 ton cargo being hauled to the Singapore area by one of the biggest oil tankers on the planet, the Oceania.

Traders looking for suitable crudes from which to make ship fuels will typically prefer those that are dense, low in sulfur, and have a high flash-point, said Cosmo Kedros, a senior trading specialist at Vortexa, a shipping analytics firm.

“Shipowners are highly motivated by price and not messing up their engines,” he said. “If they have the infrastructure and the capital to blend their own bunkers -- whether with heavy crudes or not -- they should consider doing it.”

Heavy Sweets

Hotbeds of so-called heavy-sweet crudes -- which represent a small portion of the market -- include West Africa, Australia and Brazil. Australian grades have traded more than $10 a barrel above Brent this year, around a fourfold increase versus two years ago.

Different types of crudes will be blended in particular ways to meet the marine fuel specification. Kraken, for instance, contains slightly too much sulfur. The Republic of the Congo’s Yombo, on the other hand, is low enough in sulfur but is very viscous, or thick.

Other crudes simply need to be "topped," one of the simplest refining processes where the raw oil is heated until the lighter components are burned off. What remains, with its higher flash point, can in some cases then be used to make ship-fuel.

There are other challenges, too. Anybody looking to buy crude for blending into a marine fuel will have to compete with a normal refinery that wants to turn that oil into other products like gasoline and diesel. With no certainty on the future price of shipping fuel -- or other products for that matter -- it’s hard to say which will be more profitable in 2020 and so to what extent crudes will be used as vessel fuel ingredients.

As the world’s shippers gear up for IMO 2020 -- the name of the regulations forcing reduced sulfur emissions -- an armada of supertankers being used to store oil has built up off the coast of Singapore, according to Vortexa. Though the ships are filled with a mix of products, they do hold some crude, showing that it may well have a future as a ship fuel. The giant Oceania will also soon join their ranks.

Armada Karken will benefit from this news

https://finance.yahoo.com/news/ships-set-burn-raw-crude-230100180.html

Get ready to fly high

MTAG terrible

Hidden army is fighting to stay at 33 cent

look like Armada not going down, will close green.