Matthieu, this counter difficult to predict. Previously I bought at 30cents then all the way up to 50-60cents (I sold off at 50cents); then when it drop below 40cents then I enter again at 38cents then drop to 32cents I enter again..
Seem like all the profit in my ROUND ONE will be eaten up soon by this ROUND TWO drop..
This counter play play can la but dont fall in love with. If not you will be fallen into RED RED..
Matthieu, probably March will be a good month . Coming QR very likely green and give a good YoY gain %. I have enter again at 26.5cents. hope for the best but again don't too serious with Vincent Tan counter. Play play short term if got good profits shall let go
For the nine-month period, the revenue fell 24.8% from RM115.14 million to RM86.63 million; however it posted a net profit RM3.06 million against a net loss of RM7.41 million a year ago,
Given the macroeconomic outlook and the prevailing economic conditions, REDtone expects its operating performance to remain challenging for the remaining quarter of the financial year ended April 30. However, the group will continue with its focus on measures to improve operational efficiencies to improve profitability in the core businesses.
It also foresees improved contribution from projects in the pipeline in the managed telecommunications network services segment.
If u got study the statement of cash flow , u may found that actual after operating expense is more then 30%profit , and redtone use the money to payoff the short term borrowing and invest in iot area like upgrade the data center facility , and also the cash on hand increases 8-9mil in 9 months ,I think after the finance year 2018, redtone will fly in 2019, if there is no other accident.
yesterday I met my friend who bought redtone in 2015 about 80cents still keeping, Alamak!! He thought he same boat with Gamble Tan and Sultan will be safe. Who know sinking
I knew some guys of that Johor team. Mainly only marketing sound good, the business is not that good actually. Even got business the profits very thin or breakeven
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....
Sebastian Sted Power
3,429 posts
Posted by Sebastian Sted Power > 2018-01-25 23:55 | Report Abuse
Yalor!! Tak dengar speakup because I still got 0.1% confident on Uncle Tan. Hahahah