REDTONE DIGITAL BERHAD

KLSE (MYR): REDTONE (0032)

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Last Price

0.92

Today's Change

-0.02 (2.13%)

Day's Change

0.91 - 0.94

Trading Volume

1,648,400


25 people like this.

14,228 comment(s). Last comment by ryoyagod 2 weeks ago

iafx

4,632 posts

Posted by iafx > 2013-07-01 16:56 | Report Abuse

your wish is granted, it closed at 70c :D

Posted by Alex Leow Sze Shen > 2013-07-01 21:12 | Report Abuse

tomolo above 70x for sure, DJ green!

KAHFIEHLAI

677 posts

Posted by KAHFIEHLAI > 2013-07-01 21:22 | Report Abuse

DJ open already mei?? Yao mou gao cho...u know DJ is green.

chua

672 posts

Posted by chua > 2013-07-01 21:44 | Report Abuse

Now open already, up 90-100pts

heeroo

544 posts

Posted by heeroo > 2013-07-01 22:02 | Report Abuse

Now Bull Market or Bear Market? Hope this week Green 5 days for Hang Seng Nikkei DJ.. ;-)

Posted by Alex Leow Sze Shen > 2013-07-01 22:27 | Report Abuse

KAHFIEHLAI, can see futures ma just now, is green!

jasonlim84

725 posts

Posted by jasonlim84 > 2013-07-01 22:37 | Report Abuse

Dow Jones 15,057.89 +148.29 0.99% hope tomorrow a good day

Posted by Alex Leow Sze Shen > 2013-07-01 22:46 | Report Abuse

jasonlim84: pray hard to god father! :)

heeroo

544 posts

Posted by heeroo > 2013-07-01 22:50 | Report Abuse

If DJ +250.. 2moro open counter kasi sapu redtone wa, cliq wa, hong leong cg, maybank cw, mbsb cl.. 3.30-4.30 start to sell.. ;-)

Posted by Alex Leow Sze Shen > 2013-07-01 22:55 | Report Abuse

yeahhh, bagus heroo! I hope can up above 200 points today!

humbled

1,715 posts

Posted by humbled > 2013-07-02 18:24 | Report Abuse

Just bought wa again. Looks like buying opportunity will come very soon for mother share. Will queue at next support level. Purely my observation. May be any TA sifu here can share for learning purpose?

Posted by Alex Leow Sze Shen > 2013-07-02 20:56 | Report Abuse

My last purchase if WA is at 0.43 last week Friday, humbled, u bought at lower price, good opportunity perhaps for u!

cheah6638

125 posts

Posted by cheah6638 > 2013-07-02 22:27 | Report Abuse

Correction may not be over for Redtone-WA. Lets hope for good news in the near future.

humbled

1,715 posts

Posted by humbled > 2013-07-03 03:31 | Report Abuse

Thanks guys. Ya agreed it looks like a descending triangle forming for the wa and correction may continue. Still new in TA. Hopefully I am wrong. Cheers.

daniel168

26 posts

Posted by daniel168 > 2013-07-03 08:34 | Report Abuse

what my understanding is we cannot apply TA to any warrant.

humbled

1,715 posts

Posted by humbled > 2013-07-03 09:38 | Report Abuse

Thanks daniel. I assumed because it follows the the mother share right? Appreciate that a lot.

chua

672 posts

Posted by chua > 2013-07-03 11:47 | Report Abuse

Kenanga Research report today on Redtone:-

Having staged a stellar run-up in May, REDTONE entered into a
much needed consolidation phase the following month. From a
technical perspective, this represents a healthy pause in an
overall uptrend. The technical picture remains largely intact,
and we anticipate a resumption of the uptrend fairly soon. As
such, we suggest that traders watch for a breakout above the
channel resistance (A decisive close above 71 sen would give off
a buy signal) which would signal a further move towards the
RM1.00 “Flagpole” measurement objective.

chua

672 posts

Posted by chua > 2013-07-03 11:47 | Report Abuse

Kenanga Research report today on Redtone:-

Having staged a stellar run-up in May, REDTONE entered into a
much needed consolidation phase the following month. From a
technical perspective, this represents a healthy pause in an
overall uptrend. The technical picture remains largely intact,
and we anticipate a resumption of the uptrend fairly soon. As
such, we suggest that traders watch for a breakout above the
channel resistance (A decisive close above 71 sen would give off
a buy signal) which would signal a further move towards the
RM1.00 “Flagpole” measurement objective.

chua

672 posts

Posted by chua > 2013-07-03 11:49 | Report Abuse

Hopefully this report comes true. Has patiently waiting..hahahaha

humbled

1,715 posts

Posted by humbled > 2013-07-03 12:18 | Report Abuse

Thank you chua for the info.

Superman88

500 posts

Posted by Superman88 > 2013-07-03 12:46 | Report Abuse

Still sleeping..

chua

672 posts

Posted by chua > 2013-07-03 13:40 | Report Abuse

humbled, you are welcome.

Posted by Alex Leow Sze Shen > 2013-07-03 14:59 | Report Abuse

sleeping is better than going down :)

iafx

4,632 posts

Posted by iafx > 2013-07-03 15:03 | Report Abuse

all telecom counters steadily hold at the moment, patient... :)

tcleng

446 posts

Posted by tcleng > 2013-07-03 15:04 | Report Abuse

Now consider ok, not so long, i hold for at least one year plus..now waiting for the rocket

Posted by Alex Leow Sze Shen > 2013-07-03 15:31 | Report Abuse

We are adding 40,000 REDTONE-WA @ RM0.405 each to our Thematic and Growth Portfolios. We believe REDTONE is on track to report its record-high profit in its upcoming 4QFY13 results by the end of July. Meanwhile, the recent partner with Johor’s Royal family on bidding the digital terrestrial television broadcast (“DTTB”) infrastructure contract may provide an immediate catalyst to the share price should the company win the bidding in the later stage. At present, our target price for REDTONE is RM0.75 (based on a targeted FY14 PER of 14.5x (+0.5 SD), implied a target price of RM0.50 to the group’s warrant. Note that, the group has a total warrant outstanding of 162.4m shares (based on Bloomberg estimate) with a strike price of RM0.25. The warrant is set to expire on 3/4/2015.

Source: Kenanga

tcleng

446 posts

Posted by tcleng > 2013-07-03 15:33 | Report Abuse

More good news and ads will push the price higher. hopefully more news to come out....

Posted by Alex Leow Sze Shen > 2013-07-03 15:47 | Report Abuse

coming up 4.00pm the golden hour!

jasonlim84

725 posts

Posted by jasonlim84 > 2013-07-03 16:23 | Report Abuse

hopefully not closed red

heeroo

544 posts

Posted by heeroo > 2013-07-03 17:10 | Report Abuse

Red already.. Europe continue Red now.. U.S maybe red.. what gonna happen 2moro. :-$

juinming0304

1,161 posts

Posted by juinming0304 > 2013-07-03 17:16 | Report Abuse

please accumulate now !!!

jasonlim84

725 posts

Posted by jasonlim84 > 2013-07-03 17:23 | Report Abuse

it is the timing matter to rebound.tahan it !!

humbled

1,715 posts

Posted by humbled > 2013-07-03 17:29 | Report Abuse

Accumulating. Collected more wa today. Looks like the mother share has more room for correction (only based on my limited TA skill). Will queue for mother share tomorrow at support level. Hopefully good news coming and trigger buy signal soon for the TA guys. Still a good company with very good prospect. Happy trading.

tcleng

446 posts

Posted by tcleng > 2013-07-03 17:33 | Report Abuse

What is the support level

humbled

1,715 posts

Posted by humbled > 2013-07-03 18:15 | Report Abuse

Exactly gimmy. Bro tcleng, the last thing I want to do is to cloud someone's judgement as everyone has different trading style and strategy. I expect it to go down just a little bit more but I can be wrong since TA depends on individual's interpretation. I wish that tomorrow can prove me wrong since I still keep more than half of the shares that I bought before election. Didn't mean to mislead or create any negative sentiment here my apologies.

buybackma

790 posts

Posted by buybackma > 2013-07-04 03:17 | Report Abuse

Posted by Alex Leow Sze Shen > Jul 3, 2013 02:59 PM | Report Abuse

sleeping is better than going down :)

Agreed....

pyramidpoh

198 posts

Posted by pyramidpoh > 2013-07-04 09:07 | Report Abuse

Buy things when the price is low if the things have its dignity and value.

Posted by Alex Leow Sze Shen > 2013-07-04 09:09 | Report Abuse

Kenanga accumulating WA at 0.405! Something big coming

Posted by Alex Leow Sze Shen > 2013-07-04 09:22 | Report Abuse

0.405 got 7K buyers..mostly from Kenanga

buybackma

790 posts

Posted by buybackma > 2013-07-04 10:33 | Report Abuse

Hi Alex ..wonder why IB bot the WA not the mother share huh ?

buybackma

790 posts

Posted by buybackma > 2013-07-04 10:37 | Report Abuse

Gimmy ; the time will come soon for redtoners ..smiles ..

http://youtu.be/I85ApzR43jU

alexisvics

944 posts

Posted by alexisvics > 2013-07-04 10:41 | Report Abuse

Be patience....

buybackma

790 posts

Posted by buybackma > 2013-07-04 10:42 | Report Abuse

Later all our supports to Redtone will be 'UNFORFETTABLE' ..SLOWLY BUT SURELY ..

http://youtu.be/vDN5rG3wLa4

Posted by Alex Leow Sze Shen > 2013-07-04 11:29 | Report Abuse

Buybackma, I think is below premium price, that's why Kenanga bought this share

Posted by summerlee > 2013-07-04 12:09 | Report Abuse

redtone 4Q report when annouce?

chua

672 posts

Posted by chua > 2013-07-04 12:18 | Report Abuse

summerlee, the report should come out on or before 31 July 2013

Posted by summerlee > 2013-07-04 12:35 | Report Abuse

chua tq reseach house expect net profit fy13 25mil now 3 quarter profit 9.9mil only, can reach the target?

Posted by Alex Leow Sze Shen > 2013-07-04 14:32 | Report Abuse

I think if analyst can say this, most probably it will happen...because analyst also have some inside information about redtone

Posted by Alex Leow Sze Shen > 2013-07-04 14:33 | Report Abuse

REDTone, volume is intact again to jalan again!

lwalk

1,144 posts

Posted by lwalk > 2013-07-04 14:44 | Report Abuse

following

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