accumulating can be seen between 0.705 and 0.71 levels and it's healthy too. For the past 2 weeks, this stock had been hovering between 0.67 to 0.72 and holding tight. More upside coming up soon!
SHAH ALAM (Dec 13, 2012): REDtone International Bhd expects to more than triple its revenue from its data and broadband services segment to RM80 million for the current financial year ending May 31 2013 (FY13) from RM25 million in FY12, driven by data projects in the public sector.
Its group CEO Lau Bik Soon said with the increase in government contracts in its portfolio, the telecommunication company is expected to see a switch in revenue contribution mix in FY13 with the government sector accounting for 60% of revenue and corporate and small and medium enterprise (SME) customers the remaining 40%.Currently, 70% of REDtone's data and broadband revenue comes from corporate and SME customers and the remaining 30% from government projects. Following its move to divest its stake in non-yielding subsidiaries.
REDtone now has three core offerings that are profitable: data and broadband, voice and its China operations.
Old story but just to refresh all of us that smthg is brewing on in this company. The time will come and don't tell me you missed the boat again. Be a true investors and let's us form Watchdog Group one day huh. Our group leader of course Mr Gimmy2u , I guess he is the senior among us and full with info and ideas...smiles..
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....
9696_88
173 posts
Posted by 9696_88 > 2013-07-05 10:59 | Report Abuse
how come not up much..siaz