Looks like it is not going to sustain at current level of 54.0 sen, volume is not there anymore, no follow thru, better take some profit tomorrow before T3 and T4 set in. Cheers.

Yes, buy and hold this counter for bigger things to come, more projects from MCMC (like Digital TV in July). For lower price entry buy the WA at only 10% premium, good price at 19.0 sen.

Setia2u, I think you are right to buy at 48.0 sen, good support at this level.

Additional listings are from ESOS and ICULS conversion, no corporate exercise on raising funds.

Yes! Back to 40 sen level by market actions, not by share buy back. Moving up slowly and steadily.

this afternoon will see action on this counter. They will announce to BURSA on the upliftment of PN17.

After announcing the quarterly result today or tomorrow, it will be able to apply for unliftment from PN17, time to watch out this counter for short term profits.

Their partner in Bayan Mutiara project, DIJACOR surged on Friday, IVORY will follow next week!

TA also covers REDTone now, with a target price of 48 sen. Anybody has the full write-up? I read it in SinChew yesterday.

Wow, Dato' Wei is buying again.

Yeah only One so far, from Kananga with 12 pages write-up.

gimmy2U I think someone give me wrong info, sorry.

With this Q2 result and dividend policy, I am sure some research house will start their coverage on REDTone soon, good news for sure.

REDTone announced the 2Q FYE2013 just now. Profits increased almost 100% from 1Q to 3.974M, surely it's on the right path of making more profits and heading towards their projected profits of RM25.00
. Cheers !

It takes weeks to come to above 40 sen and then being wiped out and back to 40.0 sen just in a day, that's market! LOL too! But I am still positive on this darling stock. Cheers.

gimmy2u, sometime I found that the path of value investment is very lonely, more friends if you are a trader, when market up you buy and when market down you sell, LOL.

GWPlast : Reference price is 65 sen on Monday, but the company is going to distribute 61 sen as capital repayment soon, so I think it will be easily touching the 70 sen mark. Going to buy if around 66-68 sen as it cushioned by 61 sen while the listing status is maintained.

Kassets only worth 3 sen but 'goreng' until twenty over sen and then still holding at more than 10sen, why?

Building up a new base level at 44.0 sen before moving higher, afterall no stale bull at current level, only small fish of contra players.

Relieved to know that REDTone is not interested in Myanmar Telco business! Better to concentrate on local and China business where they are familiar with.

GWPlast: another PACMAS, ADVENTA, KASSETS in the making ... Monday 21st Jan !!!

After the counter Ex on Monday, the price will shoot up, just like Adventa and KASSETS today, watch out!

A price that not seen for years .... uncharted territory!

Good start for the week!!!! 43.0-43.5 already, cheers!!

Haha ... no worry. Just thinking whether to buy more or not, ie. averaging UP.

If someone come in and clear the 1.0M block at 42.0 sen, it will definitely move and rally to 45.0 sen.

Comments from OSK Research: Redtone's rally should continue if it stays above the RM0.40 level. A purchase can be made if it closes above RM0.42, with a close below RM0.395 as a stop-loss. The price targets are RM0.450 and the psychological RM0.50. The stock may trade sideways if it fails to stay above RM0.40, with strong support at RM0.38.

Remember what Dato' Wei said in the BFM interview? He wishes that REDTone to be a darling stock of the year!!!

Redtone is already turnaround and definitely not the same stock anymore! Now it has 4G LTE (with Maxis as it partner), sizeable government projects, bidding for Digital TV Broadcast project, continue 3 quarters of positive results, sold off all money lossing subsidiaries, etc etc etc.... a share price of 20 sen is a history!!! Perhaps a PE of 20 is the making, just in line with other telcos. Cheers.

Waiting for the right timing, the share price will move. It's been holding well around 40 sen and building the base now. Akan datang!!!

Dato' Wei Chuan Beng was interviewed by BFM this morning, VERY VERY promising futures ahead. The 2nd Q results also will be out end of this month, and of course will be good!

Maxis launches the 4GLTE service today, a long waited announcement. Shall see the positive impact on Redtone's earning in coming years with this new offer.

New year new aspiration. Be confident!

Remember the cases of PACMAS and CIHLDG after paying out huge amount of cash? Share jump after EX!

On EX-date 4th Jan 2013, ADVENTA will trade above 30 sen, in line with CIMB's target price of RM2.10! If looking at the current price of RM1.91, our cost is only 21 sen (after deducting RM1.70 of special dividend and capital repayment), very cheap!

Latest News from Maxis:

Maxis Bhd has allocated RM500 million over the next three years to activate 4G Long Term Evolution (LTE)services as part of its ongoing network investments.

Maxis’ 4G LTE service will offer download speeds 10 times faster than 3G andwork seamlessly with its existing 3G networks.

"Maxis was the first telco in Malaysia to complete extensive LTE field trials," its Chief Executive Officer Sandip Das said in a statement today.

"We have been trialing 4G LTE for two years and conducting extensive LTE interworking tests in a live network environment using commercial devices toensure that customers can enjoy seamless broadband experience wherever they a relocated.

"Now we are all set to launch 4G LTE services in Malaysia and look forward to rolling out these networks across various parts of the country in the next few years.

Read more: Maxis to invest RM500m on LTE on www.btimes.com.my

This piece of news is definitely very very positive for REDTone.

WCT-WC : will hit 50 sen very very soon, that's also only a premuim of 5%!!!!!!

BURSA just annouced the revision of exercise price of WB to RM1.85 and WC to RM2.04. Based on closing price of WCT at RM2.45, WB and WC are both worth RM0.60 assuming no premuim for WB and about 8% for WC. Buy now as this news are widely known yet!

WA : only 6% premium, last call before it catches up with the mother share.

Haha .... Slowly but steadily it climbs UP. Close at 41.5

New target price by NetResearch : 48 sen! Yeah ..... A 10% increase.

On WA: Based on the closing price today @ 190 sen, the premium is only 8.67%, real low! In fact if comparing it with other company warrants (not call warrants) listed in BURSA, you wouldn't find many warrants with such low premium. Furthermore REDTone-WA has another 3 years to go before expire and most importantly REDTone is on the uptrend!

Check out this latest news : http://www.engineeringnews.co.za/article/lte-becoming-fastest-growing-mobile-technology-ever-2012-11-22

Being a Chairman is one thing, but being a major shareholder is BIG thing! He is the substantial shareholder with 32.8%, plus around 25% in ICULS and around 38% in WA! The commitment is definitely different.

Thank you gimmy gimmy for your updates, save the troubles for me to check thru the websites.

Just came back from holidays and called my remisier. Apparently he managed to complete my purchase orders for mother share at 38.5 and WA at 18.5. Hopefully my holiday expenses will be paid for soon, cheers.

Update on Analyst Briefing this morning: About 20 analysts from 10 broker houses attended, I was told that their reactions were very very positive, so we shall see more coverages and write-ups from research houses next week.

So let's start the fire ... haha

gimmy gimmy: thanks for the correction, it's on Wednesday 28th Nov, but it is AGM, not EGM. Too excited to meet the directors, hahaha ...

I think more than nasi lemak la.... Anyway I will have my buffet on Monday (26th Nov) after the company AGM. Hopefully I can meet up with Dato', just to say a big 'Thank You'.