REDTONE DIGITAL BERHAD

KLSE (MYR): REDTONE (0032)

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Last Price

0.92

Today's Change

-0.02 (2.13%)

Day's Change

0.91 - 0.94

Trading Volume

1,648,400


25 people like this.

14,228 comment(s). Last comment by ryoyagod 2 weeks ago

007james

245 posts

Posted by 007james > 2014-03-21 11:49 | Report Abuse

hopefully it true...for what i heard.

WiseEye

1,199 posts

Posted by WiseEye > 2014-03-21 15:26 | Report Abuse

Just look at the president's background. He was the CEO of National ICT of Msia, board member of MSC, chapter member of TIE, etc etc according to theedge article.

He might bring in many contracts and projects for the company, through his connections.

007james

245 posts

Posted by 007james > 2014-03-21 16:43 | Report Abuse

steady up...

WiseEye

1,199 posts

Posted by WiseEye > 2014-03-22 09:28 | Report Abuse

Broke 0.7 resistance. Will move up higher next week if nothing goes wrong.

bull86

89 posts

Posted by bull86 > 2014-03-24 17:11 | Report Abuse

Any hope for this counter?

bull86

89 posts

Posted by bull86 > 2014-03-24 17:12 | Report Abuse

Bullish week, can move higher

TaFaTa

71 posts

Posted by TaFaTa > 2014-03-24 17:24 | Report Abuse

yup..bullish sentiment

kenlfo

441 posts

Posted by kenlfo > 2014-03-26 10:20 | Report Abuse

good show today

sid_slash

261 posts

Posted by sid_slash > 2014-03-26 12:51 | Report Abuse

Sell or hold?

Posted by Ooi Cheng Kee > 2014-03-26 13:14 | Report Abuse

Try .75

invester

265 posts

Posted by invester > 2014-03-26 21:06 | Report Abuse

I sold at 0.72 today with 10% profit. Will come back again when it drops back to 0.67-0.68. By looking at the world market status, I think the market will have some correction in Apr or May 2014.

Posted by Foresight123 > 2014-03-26 21:28 | Report Abuse

Will the Gpacket/ Tm News affect this counter?

gohcheehoh

578 posts

Posted by gohcheehoh > 2014-03-26 23:31 | Report Abuse

With the current broadband coverage in Malaysia, Redtone had long way to keep growing... I hold this stock since early last yrs and profit abt 100% but still holding Booz Redtone biz model will drive this stock rm 1 in this year. If coming result Gd then rm 1 can reach earlier.

hornydog

186 posts

Posted by hornydog > 2014-03-26 23:46 | Report Abuse

This company don't own bandwidth that TM wants ar? So pitiful...

gohcheehoh

578 posts

Posted by gohcheehoh > 2014-03-26 23:53 | Report Abuse

Redtone already change biz model quite sometime n this is d reason they can turn ard so... Fast become so... profitable unlike green packet. They are like builder But with limited competition.

kenlfo

441 posts

Posted by kenlfo > 2014-03-27 10:57 | Report Abuse

Cheehoh, I agreed with you. Their biz model looks convincing and my TP is at 1.00 , hopefully it able to hit very soon.

WiseEye

1,199 posts

Posted by WiseEye > 2014-03-27 15:30 | Report Abuse

I've been holding this company for a few months and having full confidence in the management of this company and the bright prospect this company has.

The catalysts will be as follows:
1) Acquisition of Shanghai VoIP company with potential synergies
2) Main board listing
3) Telco project awards based on Budget 2014
4) Maxis 4G LTE aggressive rollouts

And many other catalysts to mention.

kenlfo

441 posts

Posted by kenlfo > 2014-03-27 16:52 | Report Abuse

high volume today, is an indication for tomorrow trend?

sid_slash

261 posts

Posted by sid_slash > 2014-03-27 18:45 | Report Abuse

Ooi Cheng Kee already hit rm0.75 shud I sell?

WiseEye

1,199 posts

Posted by WiseEye > 2014-03-27 19:31 | Report Abuse

Can for short term play. In a few months may reach rm1

Posted by alex_theking > 2014-03-27 22:20 | Report Abuse

Malaysian broadband services provider Redtone International said net profit soared 52 percent year-on-year to MYR 6.04 million in its second quarter to 30 November, boosted by higher data revenue and the sale of its 35 percent stake in Redtone Mobile. The provider reported revenues up 14.1 percent to MYR 30.45 million, with earnings per share at 1.20 sen from 0.84. The company said data and broadband services, which includes the group's Wi-Fi hotspots, are expected to be the main contributor again to full year 2014, while the voice business segment will continue to be the group's "cash cow." Profit this year will also get a push from Redtone's network sharing and alliance agreement with Maxis Broadband. This is expected to contribute positively to the group's earnings for the next ten years.

Posted by alex_theking > 2014-03-27 22:22 | Report Abuse

KUALA LUMPUR: REDTone International Bhd’s second quarter ended May, 2014’s net profit rose 52% to RM6.04mil from RM3.97mil a year ago from higher data revenue and gains from selling 35% in REDTone Mobile Sdn Bhd.

In a filing to Bursa Malaysia on Monday, the group posted a 14.1% rise in revenue to RM30.45mil from RM26.68mil a year ago due to the increase in data revenue.

Its earnings per share stood at 1.20 sen from 0.84 sen previously.

For its first half year, the group’s net profit rose 62% to RM9.69mil from RM5.98mil a year ago while revenue was up 16% to RM66.564 from RM57.35 previously.

Moving forward, the group expects its data and broadband services to be the major contributor to its profit for 2014, while the voice business segment will continue to be the group’s cash cow.

The group's profit will be strengthened by collaboration with Maxis Broadband Sdn Bhd on its Network Sharing and Alliance Agreement and is expected to contribute positively to the group's earnings for the next 10 years.

“Its collaboration with Telekom Malaysia on its High-Speed Broadband services is also expected to yield positive results,” it said.

Posted by alex_theking > 2014-03-27 22:28 | Report Abuse

http://klse.i3investor.com/servlets/ptres/22154.jsp

tp..... 0.81 by kenanga

AhSook AhKou

1,296 posts

Posted by AhSook AhKou > 2014-03-28 08:44 | Report Abuse

Up up OTW North to 0.90 plus within 1st half of this year ................... just b patient n sit bait longer !!

Windrunner

237 posts

Posted by Windrunner > 2014-03-28 09:44 | Report Abuse

tp 0.81 set last year, still valid?

invester

265 posts

Posted by invester > 2014-03-28 12:28 | Report Abuse

Looks like the price is not far away from what I wish to get in.

Leesk

340 posts

Posted by Leesk > 2014-03-28 12:31 | Report Abuse

P1 also sold to TM. What is next for Redtone? Not easy for this business and need deep pocket to fund the business

007james

245 posts

Posted by 007james > 2014-03-28 22:40 | Report Abuse

Dear all . Buy before too late.

Windrunner

237 posts

Posted by Windrunner > 2014-03-28 23:24 | Report Abuse

James, what makes you say so?

WiseEye

1,199 posts

Posted by WiseEye > 2014-03-29 21:15 | Report Abuse

p1 sold to tm out of no choice. they are loss-making and they cant survive without tm's help.

redtone is different whereby it has successfully turnaround and got contracts on its own

007james

245 posts

Posted by 007james > 2014-03-30 08:43 | Report Abuse

Yes..Some boming news on the way.

Steven Yong

1,251 posts

Posted by Steven Yong > 2014-03-30 13:41 | Report Abuse

What news? Can share?

WiseEye

1,199 posts

Posted by WiseEye > 2014-03-30 18:20 | Report Abuse

Insider news are not meant to be shared.

007james

245 posts

Posted by 007james > 2014-03-30 19:44 | Report Abuse

High five.....Go go redtone.

cecelia

61 posts

Posted by cecelia > 2014-03-31 17:06 | Report Abuse

anyone registered?

Windrunner

237 posts

Posted by Windrunner > 2014-03-31 18:41 | Report Abuse

ah, so quiet dy this counter..

air01557

2,511 posts

Posted by air01557 > 2014-04-01 01:23 | Report Abuse

Dont waste time & money on this counter

AhSook AhKou

1,296 posts

Posted by AhSook AhKou > 2014-04-01 01:43 | Report Abuse

With China anti-Mysia 4time being , not sure it will enhance Redtone sales ????

007james

245 posts

Posted by 007james > 2014-04-01 09:53 | Report Abuse

Get on.it time .

007james

245 posts

Posted by 007james > 2014-04-01 10:41 | Report Abuse

No matters china is going on , their malaysia business is a good growth engine to sustain their profits.

007james

245 posts

Posted by 007james > 2014-04-01 12:25 | Report Abuse

Buy now before too late.

Windrunner

237 posts

Posted by Windrunner > 2014-04-01 12:28 | Report Abuse

haha, it is booming now, wonder is purely goreng or good news coming...

007james

245 posts

Posted by 007james > 2014-04-01 14:03 | Report Abuse

Later will be more powerful..

kenlfo

441 posts

Posted by kenlfo > 2014-04-01 14:17 | Report Abuse

Going to announce they receive a big contract?

007james

245 posts

Posted by 007james > 2014-04-01 14:29 | Report Abuse

Let the share speak.

007james

245 posts

Posted by 007james > 2014-04-01 14:53 | Report Abuse

It going Towards RM1 .then Only will be appreciate .

007james

245 posts

Posted by 007james > 2014-04-01 15:22 | Report Abuse

Prepare second wave

007james

245 posts

Posted by 007james > 2014-04-01 16:34 | Report Abuse

Dont lose the speed train

007james

245 posts

Posted by 007james > 2014-04-01 16:55 | Report Abuse

Strong closing.. bullish.

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