REDTONE DIGITAL BERHAD

KLSE (MYR): REDTONE (0032)

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Last Price

1.01

Today's Change

-0.02 (1.94%)

Day's Change

0.995 - 1.08

Trading Volume

3,988,100


25 people like this.

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

monetary

4,447 posts

Posted by monetary > 2020-04-23 12:22 | Report Abuse

so? how is it going to affect redtone?

TheSecret

658 posts

Posted by TheSecret > 2020-04-23 14:17 | Report Abuse

Continue stay at home and use redtone mobile service, hahahaha

TheSecret

658 posts

Posted by TheSecret > 2020-04-23 15:08 | Report Abuse

Thanks woodswater share information. no mention reason up

Woodswater

3,778 posts

Posted by Woodswater > 2020-04-23 15:17 | Report Abuse

May b up just for shiok sendiri onky?
Strange!
Wakakakaka

Posted by SifuTangmonk > 2020-04-23 15:32 | Report Abuse

daulat tuanku

TheSecret

658 posts

Posted by TheSecret > 2020-04-23 15:43 | Report Abuse

See 8.30 got any surprise not.

monetary

4,447 posts

Posted by monetary > 2020-04-23 15:49 | Report Abuse

both redtone n binacom today's volumns r massive.

TheSecret

658 posts

Posted by TheSecret > 2020-04-23 16:21 | Report Abuse

Last minute down, Aiyo....

Goodprofit

1,022 posts

Posted by Goodprofit > 2020-04-23 16:23 | Report Abuse

Only tp not than @50

CUTLOST

5,178 posts

Posted by CUTLOST > 2020-04-23 17:52 | Report Abuse

Strong bull.. Sold all today.

monetary

4,447 posts

Posted by monetary > 2020-04-23 20:25 | Report Abuse

klse out of investment theme soon. glove stocks almost peaked. nfcp just started.

calvintaneng

56,035 posts

Posted by calvintaneng > 2020-04-23 21:19 | Report Abuse

Very happy day indeed

Both Opcom & Redtone touched the high of 49.5 sen together but profit taking sets in for Redtone later

Last time Binacom also suddenly spiked

Next day Binacom received news of Job award thru its proxy Maxis & it went limit up!

Is something brewing in Redtone and Opcom soon?

apolloang

18,163 posts

Posted by apolloang > 2020-04-23 21:31 | Report Abuse

butaland no 49.5cts? hahaha

mf

28,496 posts

Posted by mf > 2020-04-23 21:33 | Report Abuse

Dow to open higher even after all job gains since Great Recession were lost

monetary

4,447 posts

Posted by monetary > 2020-04-24 09:35 | Report Abuse

I think it's forming another cup. the base is 200ema.

Woodswater

3,778 posts

Posted by Woodswater > 2020-04-24 09:45 | Report Abuse

Taiko opcom excedd 50 c since potentially could hitting 795 during closing!

Bina n redtone so far lagging too much behind
Beware of sudden spike at price @49 c
Fasten seat belt fir safety!

Wakakakaka

monetary

4,447 posts

Posted by monetary > 2020-04-24 09:58 | Report Abuse

price movement not backed by fundamental is short live. m interested in how far it goes not how fast.

Woodswater

3,778 posts

Posted by Woodswater > 2020-04-24 10:16 | Report Abuse

Yes, sifu monetary
How fast it goes - Thursday hi at 49 c n retreated
How far it goes - piling solid ground on the weakness from 43-49 c

I agree what u express. Ppl long time accu NFCP related stocks. The 1st target aimed I assume RM 1

Opcom
Redtone
Binacom
Cmsb
Netx

Wakakakaka

Woodswater

3,778 posts

Posted by Woodswater > 2020-04-24 10:47 | Report Abuse

Don't miss the boat like Opcom last nite
Should take the lesson

Posted by liewwl2004 > 2020-04-24 15:12 | Report Abuse

Operator play over?

TheSecret

658 posts

Posted by TheSecret > 2020-04-24 18:00 | Report Abuse

Play too much, wakakakakak

Posted by liewwl2004 > 2020-04-24 19:20 | Report Abuse

Yes operator loves to play

monetary

4,447 posts

Posted by monetary > 2020-04-25 08:37 | Report Abuse

May I know wat lesson can opcom offer besides goreng? 75m market cap many r qualified to b operator. Besides, what's so great about a company with 5 consecutive lost maKing Qr?

monetary

4,447 posts

Posted by monetary > 2020-04-25 08:45 | Report Abuse

what's great about netx? 9 consecutive lost Qr. the latest only has 33k revenue. non in ur list worth a look except redtone n binacom. Cmsb is value play with v challenging n uneasy future outlook.

monetary

4,447 posts

Posted by monetary > 2020-04-25 08:48 | Report Abuse

no worry. ur earning in binacom n redtone is more than enough to correct any mistaken tat u make.

Woodswater

3,778 posts

Posted by Woodswater > 2020-04-25 10:16 | Report Abuse

Anyway
Tq sifu monetary

Wakakakaka

calvintaneng

56,035 posts

Posted by calvintaneng > 2020-04-25 11:04 | Report Abuse

Hi guys

Calvin happy to add more redtone on weakness yesterday

See

Govt review budget due to low oil price is for future budget

The budget for NFCP was from Revenue accrued from year 2018 to 2019

The Rm10.8 Billions already given to Telekom Malaysia for execution of Job awards

Even Dattuk Mukhriz the MB of Kedah stated clearly that they already received large sums of money from Govt for expansion

So budget cut might affect future jobs (not past job like NFCP)

monetary

4,447 posts

Posted by monetary > 2020-04-25 12:02 | Report Abuse

correct. digital gov. digital commence. digital education. digitizing the country is the 2nd priority after putting bread n butter on the dining table.

Goodprofit

1,022 posts

Posted by Goodprofit > 2020-04-25 14:18 | Report Abuse

digital counter those are still low prices Netx , Dnex , Puc , Mpay , those on apps on one-stop centre

Goodprofit

1,022 posts

Posted by Goodprofit > 2020-04-25 14:20 | Report Abuse

might not worth any single cents from now but very soon like gold but worth than gloves , oil counter

TheSecret

658 posts

Posted by TheSecret > 2020-04-27 13:03 | Report Abuse

Hip hup horay, continue rally up

Woodswater

3,778 posts

Posted by Woodswater > 2020-04-27 13:36 | Report Abuse

Opcom is expected leading goat.

But bina, redtone will follow suit to break 50 c today!

Posted by tradenewbie20420 > 2020-04-27 13:39 | Report Abuse

looking forward to see redtone surge to 0.50. hopefully.

JadeSchira

544 posts

Posted by JadeSchira > 2020-04-27 16:29 | Report Abuse

Comcorp 7195 buy! Hottest stocK. Same syndicate as redtone.

Posted by JohnVinson > 2020-04-27 20:02 | Report Abuse

This is a fundamental solid company. Not only that Redtone is potential growth in coming years. Profit for 2019 stood at RM 22,495,000 with EPS 2.91 sen. In 2019 the company paid 1 sen dividend.

As of 6 months for FY 2020 the company already make profit of RM 15,077,000 with EPS 1.79 sen.

Going forward the company have the potential for growth because the government already moving toward digital economy due to the virus had changed the way we live. Many company and organization will be very depending on the internet and IT technology.

Posted by JohnVinson > 2020-04-27 20:08 | Report Abuse

If look at the latest balance sheet Redtone cash in bank stood at RM 43 million vs RM 3.4 million loan and borrowing.

Which mean Redtone is a net cash company. Compare with those company burden with high debt, Redtone is of LOWER risk.

Posted by JohnVinson > 2020-04-27 20:12 | Report Abuse

This a very good tech company in Bursa for which it making good profit, net cash position and some more paid dividend for the shareholder. Plus potential for growth.

Posted by JohnVinson > 2020-04-27 20:28 | Report Abuse

There is an interesting finding where the company had made share buy back at average price paid 0.595 per share and total amount of RM 5,653,000 held in the Treasury Share as of 31st Dec 2019. Now the price 0.43 is still very cheap.

Posted by JohnVinson > 2020-04-27 20:38 | Report Abuse

In the latest Annual Report the Sultan of Johor and Vincent Tan companies already hold nearly 70% of Redtone. Out side shares is very limited.

Posted by JohnVinson > 2020-04-27 20:40 | Report Abuse

Redtone share price can fly higher.....

Posted by JohnVinson > 2020-04-27 21:00 | Report Abuse

Tengku Zafrul said the government is formulating a long-term strategy that would encompass measures to safeguard the country’s economic, nature and social thrusts with digital technology playing an important role in ensuring the country’s sustainability and competitiveness in the future.

Posted by JohnVinson > 2020-04-27 21:09 | Report Abuse

The Finance Minister Malaysia already in his mind of implementing digital technology. The government will spend money to improve the IT infrastructure in Malaysia and Redtone will benefit from it.

calvintaneng

56,035 posts

Posted by calvintaneng > 2020-04-27 21:37 | Report Abuse

Yes redtone going to get red hot again

Posted by JohnVinson > 2020-04-27 21:40 | Report Abuse

Yes Red Red hot again.

monetary

4,447 posts

Posted by monetary > 2020-04-27 22:33 | Report Abuse

market goreng blindly now. no one can estimate earning projection from nfcp 1 to 6

cicakman

6,961 posts

Posted by cicakman > 2020-04-27 22:40 | Report Abuse

One of the way to boost back the economy right now are through 5G.

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