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

0.915 - 0.94

Trading Volume

526,500


25 people like this.

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

Posted by Sebastian Sted Power > 2015-04-21 10:28 | Report Abuse

FFFFFFFFFFFFFFFFFFFFFFF that tycoon TAN

When redtone price start to stable at 80-90cents, then he wayang

smallfry

39 posts

Posted by smallfry > 2015-04-21 10:32 | Report Abuse

could be proxies changing hands.

Posted by Sebastian Sted Power > 2015-04-21 10:46 | Report Abuse

all wear same pant, then we all ikan bilis habis

smallfry

39 posts

Posted by smallfry > 2015-04-22 14:07 | Report Abuse

.805 now.

Almost level with the GO price.

Is it going to stay like until the GO expire ?

Posted by Sebastian Sted Power > 2015-04-22 15:34 | Report Abuse

Tycoon laugh until cannot slep liao

chkeong

89 posts

Posted by chkeong > 2015-04-22 22:41 | Report Abuse

dear all sifu, if we dont want to sell, just ignore the GO form, right?
what will happen after the GO date?

nooniez

730 posts

Posted by nooniez > 2015-04-23 09:35 | Report Abuse

no volume

smallfry

39 posts

Posted by smallfry > 2015-04-23 10:21 | Report Abuse

It's mandatory for the majority shareholder(s) to make the offer when they cross certain %.

But it's up the minority shareholders to accept or reject the offer. So ignore if you do not want to accept.

Jason99

15 posts

Posted by Jason99 > 2015-04-24 09:54 | Report Abuse

VT will be very happy, the market price is around 80 sen now.
won't think he will care abt this counter. he is busy with privatization of other counter now

Posted by Sebastian Sted Power > 2015-04-27 09:08 | Report Abuse

any people in this forum accept tat 80cents offer?

I already tear-off that paper. Hahahahah

flinv

217 posts

Posted by flinv > 2015-04-27 09:37 | Report Abuse

I ignore it too.

Michaelw

57 posts

Posted by Michaelw > 2015-04-27 11:36 | Report Abuse

79 cents? Why are there people selling at 79 cents when they can sell it off at 80 cents?

smallfry

39 posts

Posted by smallfry > 2015-04-27 12:17 | Report Abuse

These people are mad. Or they are just different pockets of the same pants.

Posted by Sebastian Sted Power > 2015-04-27 15:09 | Report Abuse

wayang now.. Tycoon purposely pull the price down so all ppl panic and accept 80cents

smallfry

39 posts

Posted by smallfry > 2015-04-27 15:10 | Report Abuse

Is it worthwhile to buy at 79 cent and sell it back to VT at 80 cent ?

Michaelw

57 posts

Posted by Michaelw > 2015-04-27 17:05 | Report Abuse

That 1.25% profit is not a lot. Im not sure how or when VT will pay you that 80 sen. If he pays you fast, then maybe you can do this multiple times.

Michaelw

57 posts

Posted by Michaelw > 2015-04-27 20:19 | Report Abuse

Six directors are accepting the offer while the other two are not. Any idea what's up?

This just in:
http://www.thestar.com.my/Business/Business-News/2015/04/27/Redtone-directors-divided-on-takeover-offer-by-Juara-Sejati/?style=biz

setia2u

971 posts

Posted by setia2u > 2015-04-28 09:15 | Report Abuse

Berjaya is hungry for this company's shares! Ask the directors to accept the offers in oder to achieve their target of 51% and make REDTone their subsidiary. This kind of announcement will triger more people to accept offers too, so they might end up much more than 51%, if that happen, wonderful, not much free float shares in the market, then only all the good news will come in and by then the share price can be skyrocket high. Just look at how they pushed up BJAUTO, from an IPO price of 75.0 sen to now RM4.00! Huge profits.

smallfry

39 posts

Posted by smallfry > 2015-04-28 09:27 | Report Abuse

I agree with setia2u's analysis. VT will get the 51%.

Jason99

15 posts

Posted by Jason99 > 2015-04-28 09:58 | Report Abuse

VT will reward the 6 directors in other ways, sure they accept the offer

Jason99

15 posts

Posted by Jason99 > 2015-04-28 10:11 | Report Abuse

i heard that they have almost reached 51%, an announcement will be released today or tomorrow

michaelw

57 posts

Posted by michaelw > 2015-04-28 10:13 | Report Abuse

Thanks guys. Hope to see some action soon after 8 May.

setia2u

971 posts

Posted by setia2u > 2015-04-28 11:33 | Report Abuse

Jason99: That's a good news, right?

yanxuan8

427 posts

Posted by yanxuan8 > 2015-04-28 19:58 | Report Abuse

I am very sure now that they will get more than 51%, looking at the way the price being pushed down and force investors to accept the offers. I am hoping that the announcement can come very very soon.

petvnla

181 posts

Posted by petvnla > 2015-04-29 10:02 | Report Abuse

qr havent out?

Posted by Sebastian Sted Power > 2015-04-29 10:41 | Report Abuse

hold tight

dont so stupid sell to that FFF tycoon

Michaelw

57 posts

Posted by Michaelw > 2015-04-29 10:51 | Report Abuse

This is our little Redtone minority shareholders' support group. Haha

smallfry

39 posts

Posted by smallfry > 2015-04-29 11:48 | Report Abuse

It's hilarious. "Support group".

Posted by HappyInvesting > 2015-04-29 17:04 | Report Abuse

After big shareholder sell to vt. He get more than 51% is good for those who still hold the stock. Price will up if announcement out

yanxuan8

427 posts

Posted by yanxuan8 > 2015-04-29 20:25 | Report Abuse

Getting closer now..... Berjaya and VT control more than 40% already, I think more to come in these few days. Watch out for more announcement.

joni

1,255 posts

Posted by joni > 2015-04-29 22:09 | Report Abuse

all hope that take over will be scrapped.

AhSook AhKou

1,296 posts

Posted by AhSook AhKou > 2015-04-30 05:43 | Report Abuse

I wonder why their 3qtr result is still not released ???

petvnla

181 posts

Posted by petvnla > 2015-04-30 09:37 | Report Abuse

why people want to sell at 0.79?

smallfry

39 posts

Posted by smallfry > 2015-04-30 12:01 | Report Abuse

Ask these people to see mental doctor ? Out of mind or what ? ;)

yanxuan8

427 posts

Posted by yanxuan8 > 2015-04-30 15:43 | Report Abuse

Don't ask why, just buy it!

camomile

38 posts

Posted by camomile > 2015-04-30 22:29 | Report Abuse

redtone shares takeover price 0.80 cents is already too much offer from Vincent tan...actually redtone only worth 0.40 cents...

cipapo

1,288 posts

Posted by cipapo > 2015-04-30 22:45 | Report Abuse

yeah man....shit...come Tuesday sure limit down...

petvnla

181 posts

Posted by petvnla > 2015-05-02 09:37 | Report Abuse

down? why not just sell to vt

AhSook AhKou

1,296 posts

Posted by AhSook AhKou > 2015-05-02 19:55 | Report Abuse

Mayb Directors fully aware the future performance might not be as rosy as it projected , hence they all agreed to sell to VT , unlike to HRH Johore ??? Looks likely price is heading South below "Johore" .ha ha After the latest qtr result , EPS 0.61 !!!! Could be gd timing to collect if it drop below 0.65 ??? Bear in mind, somewhere down the round mafia VT will b their Chairman ????

setia2u

971 posts

Posted by setia2u > 2015-05-04 20:21 | Report Abuse

Haha ... all are experts here. But market is smarter!

AhSook AhKou

1,296 posts

Posted by AhSook AhKou > 2015-05-04 20:35 | Report Abuse

So how !! If market is smarter we better don't engage in open forum lohhhhh LOL

smallfry

39 posts

Posted by smallfry > 2015-05-05 11:13 | Report Abuse

The market is neutral today. It's 80 cents. The market agrees with VT. LOL.

Michaelw

57 posts

Posted by Michaelw > 2015-05-05 11:31 | Report Abuse

Volume also not too bad this morning.

smallfry

39 posts

Posted by smallfry > 2015-05-05 15:44 | Report Abuse

Cannot talk about it. It drops when we talk about it.

Let's keep our mouth shut for a few days maybe. LOL.

Michaelw

57 posts

Posted by Michaelw > 2015-05-05 16:28 | Report Abuse

Ok mouths closed, eyes open, fingers crossed.

setia2u

971 posts

Posted by setia2u > 2015-05-06 14:49 | Report Abuse

Watch out today, 6th May, just 2 days before the first closing date, 8th May., would Berjaya extend the offer date.

smallfry

39 posts

Posted by smallfry > 2015-05-06 16:14 | Report Abuse

Sorry will there be announcements ?

yanxuan8

427 posts

Posted by yanxuan8 > 2015-05-06 19:56 | Report Abuse

GO: The closing date and time for the acceptance of the Offer has been extended from 5.00 p.m. (Malaysian time) on 8 May 2015 to 5.00 p.m. (Malaysian time) on 22 May 2015 (“Extended Closing Date”.

yanxuan8

427 posts

Posted by yanxuan8 > 2015-05-06 20:02 | Report Abuse

If you read the press release carefully, Berjaya has actually obtained 49.77%, just short by 0.23%! But if take the 40.85M ICULS that owned by Berjaya yet to be converted, they have more than 50.0% already, so it is unconditional by right by now. Then why? My simply logic is : they still want more and more share, that's why extended the closing date.

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