Redtone doesn't like to initiate share buyback even though cash is available. The company prefers to buy shares in Bursa for goreng ke? Other investment value has shot up to RM 36 million
I'm only keeping Redtone for it's project in Smart Farming, only recently started in 2-3 years ago although its revenue segment is not as much as its MTNS segments, it is starting to pick up
Looking ahead, Smart Farming is the future of agriculture reduce labour dependence / reduce wastage / boost efficiency encourages participation of Gen Z and millenials in agriculture
also - it's a cash-rich company, apa nak susah hati hehe
hey, interesting perspective @speakup I agree with you; MTNS is a recurring business that will benefit Redtone in the long run but I'm a fan of growing business and this case, I hope it's the IDS segment that will grow exponentially to reduce dependence on MTNS segment alone :)
in the end, to each his own :) trust your plans and let's be happy shareholders of this cash-rich company..
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MQ Trader 3089 views | 2 d ago
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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....
Stockhunter88
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Posted by Stockhunter88 > 2022-02-16 19:36 | Report Abuse
Good QR