If everybody is having the same thinking, that means nobody is using the brain! That's why on a few investors are buying. And these are the people will stand to gain eventually, i am glad to be part of them after doing intensive home works during this quiet period. Cheers, especially to you gimmy2U.
Do not only wish to hear praises and attack the one who give negative opinions.Good counter actually no to blow its trumpet. The value and market price speak for itself. Don bring people to Holand...
Yes, one day the value and the market price will speak for ifself. We are not going to Holand but going to wonderland .... hahaha. Have funs in trading and investing guys.
should redtone DY goes back to year 200x level, v shall c this counter move up as expected. telecom counter is often more resilient during uncertainty, but the pre-requisition is the co must be making $$$ and not lost (like XOX currently)
Philip Capital Management Sdn Bhd has recently recommended to their 'followers' a BUY call for REDTone. Philip's Chief Investment Offices is Mr. Ang Kok Heng, one of the country top fund manager. Interesting.
Philip Capital will send their researched reports to their customers. PC recomended this counter because Redtone starts turning from red to black and Maxis partnered with Redtone for it 4G services. I follow PC recommendation as before this i followed the recommendation to buy MBSB, the returns is > 100%. Hope this is another MBSB :-)
Aiyoh! So sien la. Not moving at all. Everyday it just bet. 0.395 to 0.40 only. So many good recommendations from research hse but the price still not moving.
Recommendation by Philip Capital Management:- We turn positive on REDtone after its divestments of non-yielding subsidiaries, long-term partnership with government and most importantly, 4G rollout with Maxis brings them handsome recurring incomes for the next 10 years. With the new 4G ecosystem which promises blazing-fast data transmission speeds, we expect it would increase the engagement and more monetization opportunities for REDtone as the demand for high speed broadband is amplifying hastily, in conjunction with wide adoption of smart phone and table services. Valuation-wise, its forward PER of 7.9x is attractive for its strong cash flow from Maxis. Therefore, we recommend a BUY on REDtone.
'REDtone has repositioned itself by weeding out the “dogs” and revamp its focus strategy to data and broadband services, which we believe would be the “cash cow” going forward'......http://www.redtone.com/img/REDtone1303.pdf
if take the average PE of BURSA at 15.0, REDTone can easily go up to 80.0 sen. Somemore, some telcos have PE of more 20, then RM1.00 is achievable. Wow, sioknya ....... Please let me dream a bit...yes, with dreams come the reality, cheers.
I guess the boss of this company employ some cyber promoters to promote this counter. One will play the music and very soon another sing and then another will echo..When someone giv negative opinion this cyber promoters will attack one after another to shut his mouth.They try to make people feel that Redtone is comparetible to axiata,Digi, Maxis , celcom or Green Packet. Redtone has entered Sabah for a few years. My friends in Sabah told me regarding the intrnet or broadband users,the rate of redtone users can be considered zero. Like I said before, action speaks for itself, the company must upgrade the facilities or build more towers so that more people will use their internet not only employ some cyber promoter to blow trumpets.
Invested in share market everyone has his own opinions.If every one invests just like Warren Buffer ,there is nobody loss in the share market.So you cannot complain others not skillful investing in this counter or that counter.If you are so professional,really one stock can make you a billionair.If you don't accept other opinions just keep quiet.Don't pour cool water on one's head.
News Redtone has teamed up with Telekom Malaysia (TM) in a wholesale ethernet deal, where TM will provide the former with instant access to all TM’s Metro-E infrastructure nationwide.
Management indicated that the latest partnership with TM will allow the group to have the opportunity to provide the high-capacity Metro-E product as an additional offering to its corporate customers numbering more than 10k currently.
Comments We welcome the above partnership, which we believe will allow Redtone to further widen and strengthen its corporate segment via its upcoming new products launches (i.e. high-speed internet, video conferencing and collaboration, video/media streaming and data centre/data recovery centre).
We understand that TM’s wholesale Ethernet is a high–speed Wide Area Network (WAN) based on Carrier Class Ethernet standards that offers high-speed and flexible bandwidth. It connects multiple locations of a business, whether located in the metropolitan areas or nationwide and is capable of offering scalable bandwidth capacity from 100Mbps to 1Gbps. Wholesale Ethernet is targeted for the business segment and applicable for various industries of different sizes.
Outlook REDtone’s near term catalysts will be mainly led by its RM82.5m USP project as well as its upcoming RM25.0m spectrum resource sharing fee.
The group’s future earnings are likely to depend on: 1) the ability to secure more USP projects and 2) the degree of aggressiveness of Maxis’ 4G LTE services rollout, which we have yet to impute into our forecasts.
Forecast There are no changes in our FY13-FY14 earnings forecasts.
Rating Maintain OUTPERFORM
We believe that investors have overlooked the potential earnings upside of REDtone for both FY13 and FY14. We expect the group’s net profit to reach RM23.6m (more than a 10-fold YoY jump) in FY13 and thereafter to RM25.0m (+6.0% YoY) in FY14.
Valuation We are maintaining our target price at RM0.56 based on an unchanged targeted FY13 PER of 11.0x.
This counter only will run when it show good result in financial report.At the moment only share buy back by its boss and some hardcore or die hard supporters.
This counter has gone up 10% since CNY, from 38.0 to now 42.0, when the 3Q result announced in end of April, it will be another 10% upside easily! HaHAHaaa.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
jimmy2u
144 posts
Posted by jimmy2u > 2013-03-21 23:58 | Report Abuse
There are no changes in our Redtone’s forecast at this juncture given that the company’s forward earnings are mainly driven on a project basis (i.e. its USP project).
We maintain our OUTPERFORM call on Redtone.. http://www.kenangaresearch.com/attachfile/252/252168Telco-130321-2Q13%20Strategy.pdf