REDTONE DIGITAL BERHAD

KLSE (MYR): REDTONE (0032)

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Last Price

0.95

Today's Change

0.00 (0.00%)

Day's Change

0.925 - 0.95

Trading Volume

855,900


25 people like this.

14,233 comment(s). Last comment by M55555 18 hours ago

Mikecyc

46,759 posts

Posted by Mikecyc > 2020-05-28 07:23 | Report Abuse

CEO is been selling shares since 2019 , resigned together with ED as Remuneration Committee. Then ED is resigned.

Mikecyc

46,759 posts

Posted by Mikecyc > 2020-05-28 07:26 | Report Abuse

Buying ? need to announce first ? Sifu experience n investing knowledge??? with the share % ??

RedEagle

3,194 posts

Posted by RedEagle > 2020-05-28 07:35 | Report Abuse

The president, a heavy user of Twitter with more than 80 million followers, added: "Clean up your act, NOW!!!!" The president, a heavy user of Twitter with more than 80 million followers, added: "Clean up your act, NOW!!!!" Trump's threat to shut down platforms like Twitter Inc and Facebook was his strongest yet within a broader conservative backlash against Big Tech. Shares of both companies fell. Trump's threat to shut down platforms like Twitter Inc and Facebook was his strongest yet within a broader conservative backlash against Big Tech. Shares of both companies fell.

WASHINGTON: U.S. President Donald Trump on Wednesday threatened to regulate or shut down social media companies for stifling conservative voices, a day after Twitter attached a warning to some of his tweets prompting readers to fact check the president's claims.

Without offering evidence, Trump again accused such platforms of bias, tweeting: "Republicans feel that Social Media Platforms totally silence conservatives voices. We will strongly regulate, or close them down, before we can ever allow this to happen."

The president, a heavy user of Twitter with more than 80 million followers, added: "Clean up your act, NOW!!!!"

Trump's threat to shut down platforms like Twitter Inc and Facebook was his strongest yet within a broader conservative backlash against Big Tech. Shares of both companies fell.

Twitter for the first time attached fact-check labels on Trump tweets after he made unsubstantiated claims on Tuesday about mail-in voting. In a pair of early morning posts on Wednesday, the Republican president again blasted mail-in ballots. Trump falsely claims that mail-in ballots lead to vote fraud and ineligible voters getting ballots.

Twitter and Facebook declined comment on Trump's tweets. Asked during Twitter's annual meeting on Wednesday why the company decided to affix the label to Trump's mail-in ballot tweets, General Counsel Sean Edgett said decisions about handling misinformation are made as a group.

"We have a group and committee of folks who take a look at these things and make decisions on what's getting a lot of visibility and traction...," he said.

In recent years Twitter has tightened its policies amid criticism that its hands-off approach allowed fake accounts and misinformation to thrive.

Tech companies have been accused of anti-competitive practices and violating user privacy. Apple, Google, Facebook and Amazon face antitrust probes by federal and state authorities and a U.S. congressional panel.

The Internet Association, which includes Twitter and Facebook among its members, said online platforms do not have a political bias and they offer "more people a chance to be heard than at any point in history."

AUTHORITY OR NOT?

It was not immediately clear whether Trump has the authority to shut down the companies. The American Civil Liberties Union said the First Amendment of the U.S. Constitution limits any action Trump could take to regulate social media platforms.

Separately, a three-judge panel of the U.S. Court of Appeals in Washington on Wednesday upheld the dismissal of a suit brought by a conservative group and right-wing YouTube personality against Google, Facebook, Twitter and Apple alleging they conspired to suppress conservative political views.

Republican and Democratic lawmakers, along with the U.S. Justice Department, have been considering changes to Section 230 of the Communications Decency Act, a federal law largely exempting online platforms from legal liability for the material their users post. Such changes could expose tech companies to more lawsuits.

Republican Senator Josh Hawley, a frequent critic of Big Tech companies, sent a letter to Twitter Chief Executive Jack Dorsey on Wednesday asking why the company should continue to receive legal immunity after "choosing to editorialize on President Trump's tweets."

Twitter's rival Facebook left Trump's post on mail-in ballots on Tuesday untouched. - Reuters

monetary

4,447 posts

Posted by monetary > 2020-05-28 11:05 | Report Abuse

worst case scenario. close the gap. 0.375

monetary

4,447 posts

Posted by monetary > 2020-05-28 11:07 | Report Abuse

but 200ema is strong support.

Posted by orion_star > 2020-05-28 11:56 | Report Abuse

@Mikecyc : it is normal for the director/principal officer to announce their intention to trade shares(can be selling or buying) prior any announcement(ie q results). it is a guideline "Rule 14.08 of the ACE Market Listing Requirements of Bursa Malaysia Securities Berhad "

TheSecret

658 posts

Posted by TheSecret > 2020-05-28 12:36 | Report Abuse

We wait end month see PM got any project announcement not ya. If got, sure rocket.

monetary

4,447 posts

Posted by monetary > 2020-05-28 12:39 | Report Abuse

Digital platforms many can do n u don't know how will get jobs. The infrastructures only 3 players. Out of those 3 Redtone has the best track record n the most impressive balance sheet. Sold some on Wed. Waiting to reload!

Mikecyc

46,759 posts

Posted by Mikecyc > 2020-05-28 13:25 | Report Abuse

only 3 players ? which 3 players?

Hui_k_c

78 posts

Posted by Hui_k_c > 2020-05-28 14:46 | Report Abuse

Hi moneytary, when you reload pls share so i will join you to make some pocket money. Sifu Calvin very quite now.

Mikecyc

46,759 posts

Posted by Mikecyc > 2020-05-28 14:58 | Report Abuse

TheSecret is Sifu twin.

Mikecyc

46,759 posts

Posted by Mikecyc > 2020-05-28 14:59 |

Post removed.Why?

Posted by Stock Wizard ( no sell no loss ) > 2020-05-28 16:20 | Report Abuse

volume datang and merah i belii

yangxi

416 posts

Posted by yangxi > 2020-05-28 21:07 | Report Abuse

newly add : Shariah-compliant stocks”

monetary

4,447 posts

Posted by monetary > 2020-05-28 21:10 | Report Abuse

https://www.sc.com.my/api/documentms/download.ashx?id=dd80630a-6dd5-45ae-bedb-75f0586fe3ec

Check this out guys. Redtone syarial status. Hot monies flow in soon.

TheSecret

658 posts

Posted by TheSecret > 2020-05-29 09:18 | Report Abuse

Wow, shariah stock, hot hot soon.local Fund manager like it.

TheSecret

658 posts

Posted by TheSecret > 2020-05-29 10:25 | Report Abuse

Fund manager will understand VT business soon. Hahahaha.

Posted by Fundamentaler > 2020-05-29 15:43 | Report Abuse

@vanessA im muslim n im joint this stock today.. this stock declared/audited as syariah stock.. no need to doubt.. fundamental for this company very good.. politically and financially.. ready to fly!

Amukutty

150 posts

Posted by Amukutty > 2020-05-29 15:57 | Report Abuse

VennesaA your mindset totally outdated.Read more.

Hui_k_c

78 posts

Posted by Hui_k_c > 2020-05-29 16:31 | Report Abuse

Good comment from Fundamentaler. Hope you are right to fly because i also buy 30k today.

TheSecret

658 posts

Posted by TheSecret > 2020-05-29 16:32 | Report Abuse

Good prospect.

cicakman

7,796 posts

Posted by cicakman > 2020-05-29 18:40 | Report Abuse

The royal family is Muslim too.

calvintaneng

56,627 posts

Posted by calvintaneng > 2020-05-30 13:05 | Report Abuse

GREAT NEWS FOR REDTONE

IOI PROP USING REDTONE FLEXICRAFT TO SELL

https://www.malaymail.com/news/money/2020/05/30/ioi-confident-of-property-sales-recovery-post-covid-19-pandemic/1870796

monetary

4,447 posts

Posted by monetary > 2020-05-30 13:40 | Report Abuse

omesti rgtech gpacket all con stocks. stay with redtone.

Posted by JohnVinson > 2020-05-30 19:35 | Report Abuse

when a company is doing well, competence cash will be flowing in.

calvintaneng

56,627 posts

Posted by calvintaneng > 2020-05-31 13:03 | Report Abuse

FANTASTIC NEWS FROM REDTONE FLEXICRAFT

PARAMOUNT IS REDTONE FLEXICRAFT CUSTOMER


See

Paramount Group CEO Jeffrey Chew said operations was impacted by the COVID-19 pandemic, and like other property businesses, offices, construction sites and sales galleries were closed in compliance with the Movement Control Order (MCO).

“However, the Property division continued to pursue sales and marketing activities online, supported by virtual sales galleries during the MCO period. The response to our PrioritY campaign launched during the period was encouraging. The incentives we offered such as loan repayment subsidies, free maintenance fees for up to two years, and zero cost for sales and purchase agreement (SPA) legal fees, loan stamp duties, and Memorandum of Transfer were well received by our buyers.

“Despite sales galleries being closed and only recently opened on appointment basis, we secured close to RM100 million in bookings from March to May during the MCO and Conditional MCO periods.

Read again

How to sell in March to May during Lock-down?

ANSWER:

BY REDTONE FLEXICRAFT VIRTUAL TOUR

https://www.pcb.my/newsroom/paramounts-record-profit-from-sale-of-education-business-cushions-covid-19-impact/

https://www.youtube.com/watch?v=ZPSrWwMtxh8

myinvestor

1,219 posts

Posted by myinvestor > 2020-05-31 19:14 | Report Abuse

for existing 2300MHz and 2600MHz, the MCMC is also open for existing LTE bands to be used for 5G. In China, 2600MHz is currently assigned to China Mobile for 5G and it is possible for existing telcos in Malaysia to do the same.

Redtone have the advantage as it own one of the spectrum.
https://www.soyacincau.com/2020/01/06/why-5g-spectrum-band-malaysia-assigned-consortium/

Mikecyc

46,759 posts

Posted by Mikecyc > 2020-05-31 21:45 | Report Abuse

Omesti being awarded by TM on BSS platform for 5G using RAN .

Mikecyc

46,759 posts

Posted by Mikecyc > 2020-05-31 21:48 | Report Abuse

Revenue for 3Q , 9 months ended 31/3/2020 :

Telecommunication services = 59,880,000

MTNS = 76,380,000

IDS = 2,329,000

Results : year to date , 9 months ended 31/3/2020:

Telecommunication services: profit = RM 19,595,000

MTNS : profit = RM 8,886,000

IDS : Loss = RM (1,374,000 )
___________

# Q3 : Jan to March 2020 :

Telecommunication services = 19,546,000

MTNS = 17,132,000

IDS = 879,000

# Q2: Oct to Dec 2019 :

Telecommunication services = 20,174,000

MTNS = 23,351,000

IDS = 601,000

# Q1 : July to Sept 2019 :

Telecommunication services = 20,160,000

MTNS = 35,897,000

IDS = 849,000

>>>>>

MTNS and IDS revenue are decreasing comparing Q2 to Q1 .

6 months Profit/Loss generated from segments:

Telecommunications services, profit RM 15.134 million

MTNS , Profit RM 6.736 million.

IDS , Loss ( RM 1.107 million ) .

Mikecyc

46,759 posts

Posted by Mikecyc > 2020-05-31 21:49 | Report Abuse

IDS revenue is only abt 1.6 % of total revenue.

Mikecyc

46,759 posts

Posted by Mikecyc > 2020-05-31 21:50 |

Post removed.Why?

Mikecyc

46,759 posts

Posted by Mikecyc > 2020-05-31 21:51 | Report Abuse

FY No. Rev PBT PAT EPS YoY
Jun20 3 37,557 5,519 1,051 0.14 0%
Jun20 2 44,126 8,055 5,678 0.74 0%
Jun20 1 56,906 10,624 8,068 1.05 0%

As predicted Q3 will be affected by MCO which started from 18/3/2020 , Q4 is expected to be more worst .

PAT in Q3 is 1,051,000 , Q4 will it be Negative ?

Mikecyc

46,759 posts

Posted by Mikecyc > 2020-05-31 21:53 | Report Abuse

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.

Mikecyc

46,759 posts

Posted by Mikecyc > 2020-05-31 21:56 | Report Abuse

CEO is keep selling shares in 2019 and resigned as remuneration committee together with ED :

Type of Board Committee Remuneration Committee
Date of change 26 Aug 2019
Salutation MR
Name LAU BIK SOON
Age 49
Gender Male
Nationality Malaysia
Type of change Resignation
Designation Member of Remuneration Committee
Directorate Executive

Mikecyc

46,759 posts

Posted by Mikecyc > 2020-05-31 21:57 | Report Abuse

ED is resigned...

Type of Board Committee Remuneration Committee
Date of change 26 Aug 2019
Salutation MR
Name HO MENG
Age 60
Gender Male
Nationality Malaysia
Type of change Resignation
Designation Member of Remuneration Committee
Directorate Executive

Mikecyc

46,759 posts

Posted by Mikecyc > 2020-05-31 22:00 | Report Abuse

CEO, CFO , Directors are intended to sell all shares after Q3 report is released on 21/5/2020 ?

Mikecyc

46,759 posts

Posted by Mikecyc > 2020-05-31 22:02 | Report Abuse

Dato Ismail , ED is demised on 28/5/2020.

stncws

10,711 posts

Posted by stncws > 2020-05-31 22:04 | Report Abuse

BUY MORE REDTONE.

SIFU WONT BE WRONG...

IGNORE THOSE POST N REPOST..BECOS NO ONE SEE HIS POST

HE IS MOUSE...MICKEY MOUSE.

ALWAYS FOLLOW DOG PEOPLE..

HAHA!

Mikecyc

46,759 posts

Posted by Mikecyc > 2020-05-31 22:17 |

Post removed.Why?

mf123

141 posts

Posted by mf123 > 2020-05-31 22:30 | Report Abuse

BUY..BUY..BUY...

Mikecyc

46,759 posts

Posted by Mikecyc > 2020-06-01 01:45 | Report Abuse

Redtone has delayed in execution of Time 3 project by MCMC being awarded in Dec 2017 as a USP , signed of lack of competency.

calvintaneng

56,627 posts

Posted by calvintaneng > 2020-06-01 07:33 | Report Abuse

Redtone very active in Flexicraft business

Thru flexicraft paramount has sold Rm100 millions worth of properties even during mco lockdown

This shows that Flexicraft is the next best innovation of Redtone

Posted by majuJayaInsyaAllah > 2020-06-01 08:12 | Report Abuse

Redtone is doing well and with shariah compliant status....it will be even better

calvintaneng

56,627 posts

Posted by calvintaneng > 2020-06-01 08:24 | Report Abuse

Redtone flexicraft has grown by 1,000 per cent from 2 to over 20 in a very short space

calvintaneng

56,627 posts

Posted by calvintaneng > 2020-06-01 08:25 | Report Abuse

Redtone flexicraft has gone cross border to Singapore and secured Ntuc Fair Price Supermarket chain as is customer

calvintaneng

56,627 posts

Posted by calvintaneng > 2020-06-01 08:27 | Report Abuse

Fair Price has100 Supermarket in Singapore and another 50 cheers shop

Total 150 strong in Singapore

Redtone is a fast growing company

Posted by majuJayaInsyaAllah > 2020-06-01 13:27 | Report Abuse

Covid counters all fly high, almost saturated

Soon they will come to this counter with gun blazing

Ting Ting

163 posts

Posted by Ting Ting > 2020-06-01 13:43 | Report Abuse

Gogogo

Posted by AnasiLee > 2020-06-01 14:39 | Report Abuse

my wac is kinda high now, should i buy more to rebalance?

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