Posted by Michaelw > 2015-11-19 12:17 | Report Abuse

At the AGM, Dato' Wei said that he wishes to "remain optimistic" about future synergies with U Mobile.

Posted by humbleisland > 2015-11-20 09:44 | Report Abuse

Did he mention anything about listing on the main market? Judging from Redtone's current performance, only a merger with U Mobile can justify its move to the main market.

Posted by Michaelw > 2015-11-20 14:54 | Report Abuse

He did, but also said that a transfer to the main board wasn't the top of their priorities.

Posted by hksoon > 2015-11-21 06:10 | Report Abuse

REDtone shareholders disapprove dividend proposal at AGM
By Yimie Yong / theedgemarkets.com | November 19, 2015 : 5:17 PM MYT

KUALA LUMPUR (Nov 19): REDtone International Bhd's shareholders have disapproved the proposed 0.2 sen single-tier dividend for the financial year ended May 31, 2015 (FY15) at its annual general meeting (AGM) today.

Speaking to reporters during the AGM's lunch break, REDtone managing director Datuk Wei Chuan Beng said the total amount of RM1.4 million allocated for dividends will be reinvested to grow the group's businesses.

"Shareholders think the dividend is small and wish the company not to declare dividends for FY15," he said, adding that the company can use it for the expansion of its business.

A minority shareholder told theedgemarkets.com earlier that there will be administrative or other costs incurred for the payment of dividends.

Posted by daz3no > 2015-11-22 21:29 | Report Abuse

reinvesting profits is good for the company....

Posted by Michaelw > 2015-12-03 23:33 | Report Abuse

This week, a 3rd director from VT has been appointed to the board of Redtone. He is a director of 7eleven, and U Television Sdn Bhd..the parent company of U Mobile. Corporate exercise?

Posted by windrunner > 2015-12-09 12:38 | Report Abuse

sad counter...

Posted by ryan_och > 2015-12-16 11:00 | Report Abuse

lai liao

Posted by setia2u > 2015-12-16 19:38 | Report Abuse

Wait till all given out then it comes!!!

Posted by Michaelw > 2015-12-16 21:42 | Report Abuse

Setia2u, until what is all given out?

Posted by gogo2014 > 2016-01-06 09:16 | Report Abuse

Good price to collect now before bull run. Some good news are coming soon.

Posted by humbleisland > 2016-01-06 11:20 | Report Abuse

Good news as in? profits? projects?

Posted by gogo2014 > 2016-01-06 15:44 | Report Abuse

main board transfer, projects .......

Posted by humbleisland > 2016-01-06 15:48 | Report Abuse

One can only hope. Fingers crossed.

Posted by Sebastian Sted Power > 2016-01-06 16:11 | Report Abuse

60cents so cheap, dont sell.

keep buying. Let tycoon buy over at 80cents later

Posted by rdgbu > 2016-01-11 23:26 | Report Abuse

...I enter at 0.77 and has dropped more than 20%..si liao!

Posted by Koon Bee > 2016-01-11 23:27 | Report Abuse

Same boat with VT...sure eaten by him la

Posted by speakup > 2016-01-12 09:58 | Report Abuse

60sen fake seller is actually buyer at 59.5sen

Posted by humbleisland > 2016-01-12 11:35 | Report Abuse

Why do you think its big shark accumulating? Current bid vs ask ratio is about 1 : 2.5. Hopefully there is good news in the horizon...

Posted by blgband > 2016-01-12 22:26 | Report Abuse

coming very soon...

Posted by speakup > 2016-01-13 11:37 | Report Abuse

CNY coming. Get your "red" angpow from redtone

Posted by Windrunner > 2016-01-18 13:30 | Report Abuse

so red... lowest in 2 years..

Posted by Sebastian Sted Power > 2016-01-19 12:10 | Report Abuse

luckily last time 80sen sold to Tycoon Tan liao. That Tycoon will laughing now so cheap

Agreed with ryan_och must buy!! Earn some angpow from Toto Boss

Posted by Sebastian Sted Power > 2016-01-20 14:49 | Report Abuse

ryan, how low can this super RED drop?

Posted by rdgbu > 2016-01-21 08:56 | Report Abuse

RedTone... most sliding down to 0.5 and will ....comeback again..

Posted by rdgbu > 2016-02-01 10:32 | Report Abuse

watch out for it...

Posted by Michaelw > 2016-02-01 20:18 | Report Abuse

Tan Sri Robert suggested that the company should exercise share buy back when the price is below RM0.80 during he AGM (since Bjcorp said that was a fair price). Looks like they only keeping it above RM0.50 currently. Dont know how long we have to wait to see some action.

Posted by speakup > 2016-02-11 14:14 | Report Abuse

bjcorp move already. next redtone? when father move, the son follows.

Posted by Sebastian Sted Power > 2016-02-29 20:53 | Report Abuse

pls sell!!!!!

Even director just disposed 300000

Posted by Sebastian Sted Power > 2016-03-01 16:36 | Report Abuse

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5016257

Posted by setia2u > 2016-03-03 07:55 | Report Abuse

Sebastian: Don't be silly! MD Dato' Wei is not selling but instead donated 300000 units to Than Hsiang Foundation for charitable purpose! Pleasssssse read the announcement carefully.

Posted by bbc99 > 2016-03-04 12:13 | Report Abuse

can see it slowly gains some momentum

Posted by petvnla > 2016-03-08 16:33 | Report Abuse

why company buy so much of its share recently?

Posted by speakup > 2016-03-20 19:33 | Report Abuse

mean undervalued lor.

Posted by setia2u > 2016-03-23 14:33 | Report Abuse

Yes, time to look at this counter again after a long break. Bottoming up.

Posted by daz3no > 2016-03-23 15:08 | Report Abuse

got announcement coming......

Posted by klkk > 2016-03-24 00:36 | Report Abuse

quarterly results out.. incurred losses!!!

Posted by patrickbeh > 2016-03-26 06:41 | Report Abuse

yes.but y still buy back

Posted by klkk > 2016-03-26 21:13 | Report Abuse

Bcoz TSVT is the major shareholder and he has a plan... only we dunno when he is going to execute it.

Posted by klkk > 2016-03-26 21:23 | Report Abuse

About one yr ago Berjaya Corp made a GO for Redtone shares at 80sen. With reference to that, it's cheap to buy Redtone now.

Posted by klkk > 2016-03-28 12:30 | Report Abuse

Only he will know.

Posted by OPMS > 2016-03-31 19:20 | Report Abuse

when cmpny keep buy back its share, i think it won't be long before they push the price..

Posted by speakup > 2016-04-03 17:04 | Report Abuse

ya they push up in 2020. tunggu!

Posted by OPMS > 2016-04-06 19:58 | Report Abuse

think i should in.. hihihi

Posted by Sebastian Sted Power > 2016-05-09 14:49 | Report Abuse

Uncle Tan not dare play with Sultan. This counter wont die

buy and keep

Posted by Sebastian Sted Power > 2016-05-09 14:49 | Report Abuse

Uncle Tan bought at 80cents; now only 50cents scare what?

Posted by ryan_och > 2016-05-30 13:59 | Report Abuse

going to 40c

Posted by Sebastian Sted Power > 2016-05-31 12:00 | Report Abuse

lower and lower

Posted by Junichiro > 2016-05-31 12:05 | Report Abuse

The KLCI already peaked n is now on its corrective wave down. That is why u see 'sell in May n go away'. Nothing specific about any counter.

Posted by ryan_och > 2016-05-31 14:34 | Report Abuse

faster sell or your money will be wiped out