(xii) How many orders has REDtone already received for JENDELA?
REDtone is one of the players licensed by the Malaysian Communications and Multimedia Commission in the implementation of the universal service provision (“USP”) projects. Hence, we do expect to play a role in the USP projects roll-out.
Cash-rich and cash generative business Redtone has always had a healthy balance sheet, as it has been in a net cash position over the last five years, with its latest net cash position of RM83.6m continuing this healthy trend. Its latest cash balance of RM92.5m (or cash per share of RM0.12) also makes up a noteworthy 24% of its market cap. As a business with minimal capex requirements, shown by its annual capex intensity of <1%, along with annual capex of
While we are happy that punters are making profit just a word of caution. The operators here are the same people from Berjaya. When there is a pump, there is always a dump..btw Jendela project main beneficiaries are Maxis as using Ericson 5G network & Telekom Malaysia with fibre optic networks. How it benefits other telcos is yet to be seen? https://www.nst.com.my/business/2021/07/707743/jendela-contract-award-next-few-weeks
Lol...The view from the top of mountain is very nice mah! Got dividend mah! Lai... lai...buy mah! Uncle Tan will give out bonus payout from time to time mah! Who knows you might strike Jackpot mah!
New IPO: The onshore and offshore support services provider for the O&G industry, Steel Hawk Bhd aims to list on the Ace Market!
MQ Trader 3149 views | 3 d ago
0:17
New IPO: The largest mini-market player and a leading groceries retailer in Malaysia, 99 Speed Mart Retail Holdings Bhd aims to list on the Main Market!
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....
thesteward
6,781 posts
Posted by thesteward > 2021-09-08 12:30 | Report Abuse
Holding tight tight for mid term