REDTONE DIGITAL BERHAD

KLSE (MYR): REDTONE (0032)

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Last Price

1.02

Today's Change

+0.01 (0.99%)

Day's Change

1.02 - 1.05

Trading Volume

889,100


25 people like this.

14,218 comment(s). Last comment by speakup 2 days ago

calvintaneng

56,036 posts

Posted by calvintaneng > 2019-12-27 08:52 | Report Abuse

PETRONAS RM30 BILLIONS POWERED UP OGSE LIKE DAYANG, CARIMIN, PENERGY, UZMA, NAIM & VELESTO

VERY SOON NOW

BY THE POWER OF NFCP RM50.3 BILLIONS DIGITAL STOCKS WILL ROAR TO LIFE

VROOOOM!!!!

speakup

26,441 posts

Posted by speakup > 2019-12-27 09:06 | Report Abuse

going main-board!
bukan main main

joyvest

10,190 posts

Posted by joyvest > 2019-12-27 10:28 | Report Abuse

what the hell is going on?

David C.k

35 posts

Posted by David C.k > 2019-12-27 10:59 | Report Abuse

Is a trap?

Maxam

900 posts

Posted by Maxam > 2019-12-27 11:13 | Report Abuse

Profit taking and a great buying opportunity before it goes even higher.

David C.k

35 posts

Posted by David C.k > 2019-12-27 12:16 | Report Abuse

Additional Listing Announcement /Subdivision of Shares | https://www.klsescreener.com/v2/announcements/view/3086606

Posted by NewbieNoob > 2019-12-27 13:37 | Report Abuse

INI KALI LAH. 60 CENTS GOGOGO

firerain

297 posts

Posted by firerain > 2019-12-27 13:49 | Report Abuse

speculators and contra traders need to be wipe out 1st before next rally.

firerain

297 posts

Posted by firerain > 2019-12-27 13:53 | Report Abuse

i even suspect redtone wont rise much after NFCP 1 announcement,in order to drive speculators away.

firerain

297 posts

Posted by firerain > 2019-12-27 13:59 | Report Abuse

so if anybody eyeing big profit and want to buy redtone now,pls be ready to hold for another 6-9 month.

Bhappy2

48 posts

Posted by Bhappy2 > 2019-12-27 14:25 | Report Abuse

Firerain,
Im newbie, need advice on Redtone... pls add Whatsapp, 601121048300. Thank you

Bhappy2

48 posts

Posted by Bhappy2 > 2019-12-27 14:28 | Report Abuse

will appreciate your kind assistance

VennesA

95 posts

Posted by VennesA > 2019-12-27 14:44 | Report Abuse

What if NFCP 1 redtone didn't win? We cant only predict of winning. What will happen?

Jokers2020

2,006 posts

Posted by Jokers2020 > 2019-12-27 14:56 | Report Abuse

if didnt win nfcp1 then redtone become red everyday

joyvest

10,190 posts

Posted by joyvest > 2019-12-27 15:33 | Report Abuse

why hold for 6-9 months ? if it is going to be double in share price, i dont mind to hold...........

firerain

297 posts

Posted by firerain > 2019-12-27 15:35 | Report Abuse

NFCP 1 involved 153 towers,but NFCP 2 involved 500 towers,i expect each contract will have multiple winner instead of one.

it is fine if redtone didn't win NFCP 1 at all,as the entire NFCP plan is just about to kick off,NFCP 1 is merely small slice of a big cake,MCMC will spend RM10-11billion on USP projects in 2019-2023,the capex on NFCP 1 alone should not more than 3% of the total capex.

so,no problem at all even redtone didn't get any single cent from NFCP 1,as many more bigger projects is underway,even current orderbook itself is enough to make sure redtone can continue to deliver fantastic profit growth in 2020.

firerain

297 posts

Posted by firerain > 2019-12-27 15:38 | Report Abuse

the only problem is,you have to wait.
or you can just sell redtone and go invest other counter that you think can earn faster money.

firerain

297 posts

Posted by firerain > 2019-12-27 15:39 | Report Abuse

cos i dont think speculate on redtone will make you rich.

firerain

297 posts

Posted by firerain > 2019-12-27 15:42 | Report Abuse

Bhappy2,sorry i dont use whatapps as i prefer simple lifestyle,you can ask anything here and i'll try my best to answer,thanks.

VennesA

95 posts

Posted by VennesA > 2019-12-27 15:51 | Report Abuse

Thanks for the explanation. I think I will go for option 2. I want to make money. If must wait better put in FD. Want to buy new makeup kit:)

firerain

297 posts

Posted by firerain > 2019-12-27 20:08 | Report Abuse

joyvest,about why 6-9 month,it is because the NFCP 2 will be award after 31/3/2020,i expect on may 2020,and IDS business as well as RedtoneMex should able to return to black 3st quarter FY2020 onward,mainly due to RM130 million sri lanka hospital project starting to contribute positively.

as the possibility of double up in share price,i'll said it is possible but subject to three condition:

1.)win at lease RM600million new contract in total from entire NFCP plan.(profit contribution from MTNS division will easily more than double up from last year level.)

2.)IDS and RedtoneMex return to black,contribute not less than RM2 million profit per annum.(not only elimination of losses but earn extra profit too,so in total at lease RM 4-5 million extra profit.)

3.)TS business maintain its profit performance at lease.(contribute more than RM28 million PBT per annum.)

since all these condition is not too harsh and achievable,i think double up is possible but as i said,you'll have to hold your position and continue to monitor the actual progress from coming market news and quarter reports,make informed decision at all time,that is what every success investor will do.

Bhappy2

48 posts

Posted by Bhappy2 > 2019-12-27 20:08 | Report Abuse

Firerain,
still not sure Tier 1 selection for NFCP1 and
NFCP2, tks anyway.

king36

1,022 posts

Posted by king36 > 2019-12-27 20:19 | Report Abuse

Even awarded, I think we can see profit 6-9 months later i.e. well into second half of 2020.

A long wait indeed.

ramunia

1,123 posts

Posted by ramunia > 2019-12-27 20:22 | Report Abuse

Limit up once awarded..

ramunia

1,123 posts

Posted by ramunia > 2019-12-27 20:22 | Report Abuse

Limit up once awarded..

Bhappy2

48 posts

Posted by Bhappy2 > 2019-12-27 20:24 | Report Abuse

Firerain,
You r fluent in this trade, ty for sharing. What is your 2nd n 3rd avourite for NFCP?

cicakman

6,966 posts

Posted by cicakman > 2019-12-27 20:52 | Report Abuse

Coming soon.

lee9fold

4,730 posts

Posted by lee9fold > 2019-12-27 22:32 | Report Abuse

share price always running ahead of news, current trend already can see nfcp theme in play

firerain

297 posts

Posted by firerain > 2019-12-28 02:08 | Report Abuse

thats why i said patience is needed as we have no control over share price movement,but when fundamental and prospect improve as expected,share price will rise eventually just we dont know the actual timing,6-9 month should be rational judging by current progress and profit trend.

of course it can rise anytime,but i cant predict as well as didn't put too much hope on the "sudden rise",the only thing i can sure is redtone still undervalued at current price level.

firerain

297 posts

Posted by firerain > 2019-12-28 02:58 | Report Abuse

Bhappy2,what do you mean by tier 1 selection for NFCP1 and 2?

Posted by PaulNewman > 2019-12-29 13:43 | Report Abuse

Anybody looked into Redtone cash flow statement? The figure seems too simplilistic

joyvest

10,190 posts

Posted by joyvest > 2019-12-30 08:46 | Report Abuse

what the hell is going on? why redtone invested in food and gaming ??

VennesA

95 posts

Posted by VennesA > 2019-12-30 09:19 | Report Abuse

So this consider Redtone is not syariah compliance.. Must warn my muslim friends.

joyvest

10,190 posts

Posted by joyvest > 2019-12-30 09:33 | Report Abuse

it is not syariah compliance, investors base is restricted .how to push the price ?

tzjz2017

91 posts

Posted by tzjz2017 > 2019-12-30 09:33 | Report Abuse

Anyone know which company will benefit from NFCP except Redtone?

joyvest

10,190 posts

Posted by joyvest > 2019-12-30 09:34 | Report Abuse

shall we continue to support this counter or not ?

joyvest

10,190 posts

Posted by joyvest > 2019-12-30 09:35 | Report Abuse

please verify their investments and revert to me

joyvest

10,190 posts

Posted by joyvest > 2019-12-30 10:48 | Report Abuse

if what you have said holds true, i dont mind to wait for another 15 days of fantasy .............

Red Tulip

263 posts

Posted by Red Tulip > 2019-12-30 11:06 | Report Abuse

Rumor has it that Redtone is currently the leading contender for the NFCP. Please confirm if the rumor is true.

joyvest

10,190 posts

Posted by joyvest > 2019-12-30 11:49 | Report Abuse

continue to support them?

joyvest

10,190 posts

Posted by joyvest > 2019-12-30 12:26 | Report Abuse

Yes.VT is the culprit

Jokers2020

2,006 posts

Posted by Jokers2020 > 2019-12-30 12:34 | Report Abuse

VT very close to Tun and PH...so yr guess sure will get the contract or not

ramunia

1,123 posts

Posted by ramunia > 2019-12-30 13:55 | Report Abuse

Ppl keep selling at. 550...

joyvest

10,190 posts

Posted by joyvest > 2019-12-30 14:10 | Report Abuse

ask yourself why ppl keep selling at 550 ? tell me why x3

cicakman

6,966 posts

Posted by cicakman > 2019-12-30 14:26 | Report Abuse

Ppl keep selling to BUYER's @ bargained.
Don't get fedup just relaxs
The enemy of ivesting is times.
Must have strong lion heart.
Control !!!

joyvest

10,190 posts

Posted by joyvest > 2019-12-30 14:39 | Report Abuse

self control and patience are the best virtues to keep your worries away?

Posted by sammj101286 > 2019-12-30 15:37 | Report Abuse

Joyvest
RELAX lah
The support level is 0.50 as suggested by 2 research houses.. RHB & Aminvest..
So, 0.55 is what way above support.

firerain

297 posts

Posted by firerain > 2019-12-30 16:54 | Report Abuse

no confident just sell la..i lazy to explain anymore..why invest if you know nothing about the company?

cicakman

6,966 posts

Posted by cicakman > 2019-12-30 18:49 | Report Abuse

Without NFCP REDTONE FYR consistently very good However with NFCP will be marvelous and value added.
Jump here and there are like without directions.

To move up need volume ,however the issue are ppls are holding and floating are lesser and lesser.
Even interested parties try to provoke to sell,still fish not eating the baits.

The first buyer's que is very less hopping retailers to throw to 2nd and 3rd buyer's which are .. ???..
To buy up,not much seller's.Therrfore waiting for the right time when news out.

TSVT is not only smart but have RM and many buisness
He is a good but stingy buisnessman and always use the law of probability.

Probablity tommorow the last day trading of 2019 or new year 2020 will play up.

unclelimhuat

1,104 posts

Posted by unclelimhuat > 2019-12-30 19:54 | Report Abuse

stay tuned!!!

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