yesss alex leow sze n nice fren here...from my observation yesterday low n close off low n continue wit todays trend slowly moving north with no new low...it shows gud sign...hope the trend is to continue uptrending...wish well fish in the well...let us enjoy the play...hev confidence ... up or down is ok alright..what else yo yo yo
talk..talk..but didt make sense lucky some investor they had wisely to make their own decision is true or lied ! i hope every investor here want is true story not talk..talk..agree ?
Hello all...from my understanding on the DTTB project, we will know a sure winner by Q4 2013. MCMC's announcement may be for round-3 if all 3 submissions do not meet the criteria of DTTB tender requiremetns. This is a bidder-funded project (not Government) so the one with best business plan, network design and viability for content providers to support will probably win.
But fundamentally, what's more important wit Redtone is Sultan or Johor buy-up, VT buy-up, and the strong possibility for Redtone being a new mobile operator in Malaysia alongside U-mobile - fundamentals are there. This will be a telco counter. You won't get such share prices again.
Another possibility if they can't push up a certain price level resistance (say max 0.8), then they may consolidate shares by reducing volume and bringing up price per share - something like what TDC did recently
let it falls if it want to fall..is not only happen to redtone only but other counters tooo...why worry...natural..is market way..like u say let us watch excitingly it fall fall fall...once it get tired of falling then it will go up up up ..natural..tq
Redtone recorded losses in 2010 and 2011, but generated 2.1m profit FY2012 and 6m in H12013 already. Redtone already secured 82.5m worth of USP projects issued by MCMC, and from experience, I believe MCMC will issue more projects to Redtone. Not to mention recurring revenues from Maxis for 10 years for spectrum leasing. So YES, this is a long term buy...but IMHO the uptrend has not stopped at least till end of the week :)
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....
Alex Leow Sze Shen
5,009 posts
Posted by Alex Leow Sze Shen > 2013-06-05 12:15 | Report Abuse
No power on 12 noon level, then have to wait afternoon, hope no profit taking take place & must close above 0.70!