Not about rich. I don't envy for wealth. We earn what we deserved; every step or decision you made lead to that. I just don't like a well fundamental stock being 'fried'. =.=
Alex, looks like these directors are selling in the open market at a lower price? Don't really understand. Sell cheap for the ex-minister or whoever to buy?? What do u think abt redtone tomorrow?? Another thrown down again??
Company in the black for 5qtrs as compare to P1/GP which is still in the red. So now hoping to get some new business in the DTTB. With VT in it, something will definitely brew from there. Collect more if down.
Alex, Thks. I've been collecting this ctr since 30+ cts for mother and wa at 19cts, at that time the current chairman, Dato Wira was also buying practically everyday.I just don't understand why the directors need to dispose now especially with dttb bid and all the upcoming good news.
Alex, profit ok la, not really big time. I am still patiently waiting for big time...hahaha. By the way, would you be able to tell why the directors are disposing now. Don't understand
The Board of Directors of REDtone wishes to announce that the Company had on 29 May 2013 entered into a Share Sale Agreement with Sultan Ibrahim Ismail Ibni Almarhum Sultan Mahmud Iskandar Al-Haj (“D.Y.M.M. Sultan Ibrahim”) for the divestment of 315,000 ordinary shares of RM1.00 each, representing 21% of the total paid-up capital of its subsidiary, RN, to D.Y.M.M. Sultan Ibrahim for a total cash consideration of RM315,000.00 ("Divestment").
Upon completion of the Divestment, RN will be a 49% associate company of REDTONE.
Please refer to the attachment for the full announcement in relation to the Divestment.
This announcement is dated 29 May 2013.
Many had been asking why Sultan bought RM1.00 per share? Some says he's the king of kings! Hehe
from my point of view, there are nothing to be worry. as long as u got holding power for this counter sure made profit gao gao. from 0.32 to 0.38 then boom 0.76 now 0.69 it will turn around soon. from wat i see is the show just begin. royal family and VT on board, some more telco company always come with pe 25-30 above nowadays. Redtone still have few income that still not shown in last quater exp 4g for maxis. So i think the fundementals is there. And it will stronger and stronger as times goes. Happy trading guys.
Base on the momentum and volume, I wish this share can exceed rm 0.8 in June then I can liquid 1/3 of my share to swap to other counter and balance wait until it cross rm1 h2 2013
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....
peter89
237 posts
Posted by peter89 > 2013-06-06 16:45 | Report Abuse
gimmy u buy back ady?