2) Sri Lanka Rm130 Millions Job revenue in progress
Due to MCO lock down many companies use REDtone FlexiCraft to do on-line Display of Products & Services Even Singapore FAIR PRICE (BIGGEST SUPERMARKET CHAIN IN SPORE) using Flexicraft
As people moved On line Govt will quickly implement more NFCP projects
REDtone is at the Right place at the Right Time
See
Business Background REDtone International Bhd is a digital infrastructure and services provider that offers services under three categories that are Telecommunications Services which offers data and voice services to government, enterprises, and small and medium enterprises (SMEs), Managed Telecommunications Network Services (MTNS) which includes building, maintaining and operating large scale WiFi hotspots, radio access network (RAN) infrastructure and fibre optic infrastructure, and Industry Digital Services (IDS) which includes data centre services, internet of things (IoT) services, cloud services and applications, and healthcare solutions to enterprises, government and the healthcare industry. The company’s Telecom services generate maximum revenue for the company.
Think longer term 2 to 5 years into the future
WILL REDTONE BE ANOTHER FACEBOOK, AMAZON, NETFLICK, GOOGLE OR MICROSOFT?
If so
JUST BUY AND HOLD
While Holding & WAiting REDtone also give good dividends
Major segment MTNS revenue Q to Q is gap reducing .Telecommunication services is reducing also , the 15,000 corporate customers will be affected by Covid-19 pandemic and MCO . Q4 is expected to be more worst .
Redmex partner with China company , Why this China company product cannot get order from China or other countries, 3 years following up in Sri Lanka to get one order only ?
The gov will require telco players to purchase spectrum in every few yrs. The investment in spectrum normally will b armotised in less than 2 yrs. During the armotisation period, the accounting profit margin for telecommunication services is around 20%. Once it's fully armotised then the telco players will enjoy 30% to 40% profit margin for a yr or 2. The same cycle repeats.
Just some sharing with those who like to invest in Redtone. I believe the forum will serve it's purposes more meaningfully is if forumers give valuable inputs rather than posting rubbish.
REDtone International Bhd’s (REDtone) unit, REDtone Engineering & Network Services Sdn Bhd (RENS) has received an approval notice for the provision and implementation project for RM250.76 million.
In a filing to Bursa Malaysia today, REDtone said the approval was from the Malaysian Communications and Multimedia Commission to appoint RENS as universal service provider for the provision and implementation of Time 3 Extension Phase 3 (Part 2) project, for the installation of 2G and 3G public cellular services in rural areas in eight major states of Malaysia.
Pursuant to Rule 14.08 of the ACE Market Listing Requirements of Bursa Malaysia Securities Berhad ("Bursa Securities"), the Company wishes to announce that it has received notifications from the following Directors and Principal Officer of the Company of their intention to deal in the securities of the Company during the closed period pending the announcement to Bursa Securities of the results for the financial quarter ended 31 March 2020. Their current interests in the securities of the Company are shown in the table below:-
Name Nature of Interest in the Company No. of ordinary shares as at 21 April 2020 % Lau Bik Soon (Director) Direct Interest 2,810,360 0.364 Dato’ Mohd Zaini bin Hassan (Director) Direct Interest 20,000 0.003 Mathew Thomas a/l Vargis Mathews (Director) Direct Interest 615,000 0.080 Lau Hock Chye (Chief Financial Officer) Direct Interest 10,000 0.001
This announcement is dated 21 April 2020.
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calvintaneng
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Posted by calvintaneng > 2020-05-25 22:57 | Report Abuse
REDTONE NOW FLUSHED WITH CASH
EVEN GOT CONTRACT FOR FLEXICRAFT FOR SINGAPORE NTUC FAIR PRICE SUPER MARKET
FAIR PRICE IS THE BIGGEST SUPERMARKET CHAIN IN SINGAPORE
A SURE WINNER FOR REDTONE
https://www.google.com/search?q=redtone+flexicraft++&tbm=isch&...