Posted by excelyou > 2013-07-15 16:23 | Report Abuse

I SELL ALL WA at RM0.495. THANK YOU

Posted by jasonlim84 > 2013-07-15 16:25 | Report Abuse

wa the buy volumn so crazy

Posted by jasonlim84 > 2013-07-15 16:26 | Report Abuse

see later got anouncement o not

Posted by Alex Leow Sze Shen > 2013-07-15 16:27 | Report Abuse

If REDTone maintain above 0.725, then it's a breakout!

Posted by jasonlim84 > 2013-07-15 16:28 | Report Abuse

i just bought the warrant. didnt go for mother share

Posted by Alex Leow Sze Shen > 2013-07-15 16:37 | Report Abuse

congrats all REDTone buyers today! Huge profit!

Posted by air01557 > 2013-07-15 16:41 | Report Abuse

good for u Alex, but there is no HUGE PROFIT yet. Don't get excited !

Posted by Alex Leow Sze Shen > 2013-07-15 16:43 | Report Abuse

As I mentioned, I topup WA today to show support on RedTone :)

Posted by air01557 > 2013-07-15 16:44 | Report Abuse

The stock has moved just 3sen. Nothing very exciting !!

Posted by Alex Leow Sze Shen > 2013-07-15 16:46 | Report Abuse

Closing 0.72 - Mother

Closing 0.49 - Mother-WA

Good price, tomorrow another round! Going to make it 3 White Soldiers soon!

Posted by Alex Leow Sze Shen > 2013-07-15 16:47 | Report Abuse

air01557: This is the best part! Up 3 cents is not much but tomorrow can up more! :) Cheers!

Posted by air01557 > 2013-07-15 16:50 | Report Abuse

day traders have sold out - hopefully tomorrow we can see another push !

Posted by seerongzhi > 2013-07-15 17:15 | Report Abuse

Did anyone see that before market closing, quite a number of continuous transactions done at RM 0.725..Dont know who bought so much amount..

Posted by cck321 > 2013-07-15 17:16 | Report Abuse

Alex!!!

Posted by nicky > 2013-07-15 17:18 | Report Abuse

Do u think can break RM0.80 tomorrow ?? daughter doing better than mother share

Posted by lwalk > 2013-07-15 17:19 | Report Abuse

LOL must be alex topping up haha

Posted by jasonlim84 > 2013-07-15 17:20 | Report Abuse

lol possible

Posted by buybackma > 2013-07-15 17:22 | Report Abuse

Yup I saw the continuous trx seerong, as mentioned by Alex if 72.5c could maintained with heavy vol. tomolo then the breakouts happen. At this moment european shares also were pushed quite high , just hope could maintained and we can see redtone fly tomolo.. ho ho ho..smiles..

Posted by buybackma > 2013-07-15 17:49 | Report Abuse

Good Gimmy but I cannot locate the news hehe.. old oledi lor

Posted by excelyou > 2013-07-15 17:52 | Report Abuse

Total number of treasury shares sold (units) 3,915,000 on 15 Juy 2013

Posted by buybackma > 2013-07-15 17:53 | Report Abuse

got oledi like my copy and paste news this morning, research by Kenanga... ho ho ho ..still holding tight gimmy the waran!

Posted by lwalk > 2013-07-15 17:55 | Report Abuse

why do they keep selling their treasury shares? hm

Posted by Alex Leow Sze Shen > 2013-07-15 19:40 | Report Abuse

YES YES! THOSE WHO CALLED MY NAME! HAHA! TOMORROW BUYBACKMA, U SEE THIS STOCK WILL PUSH HIGHER IN THE MORNING, BUT BE CAREFUL IF IT SURPASS THE 0.725 THEN IF DROP BACK BELOW MUST BE CAREFUL. MUY ADVICE :)

Posted by sheep > 2013-07-15 19:40 | Report Abuse

Shit. kena trap. They push up to sell all the treasury shares. ..meaning no hope in clinching the project or some other reasons... :(

Posted by Alex Leow Sze Shen > 2013-07-15 19:40 | Report Abuse

If 0.725 never turning back then it's uptrend all the way, if drop below 0.725 or 0.72, must be careful......selling treasury shares are not good actually but it depends on what situation..well, I will hold on!

Posted by Alex Leow Sze Shen > 2013-07-15 19:43 | Report Abuse

I am still holding WA at 0.495 and 0.49, may GOD BLESS ME tomorrow...will be a high risk but a high return too!

Posted by Invest_168 > 2013-07-15 20:38 | Report Abuse

Redtone bought back shares at low entry point < 40 cent. Sold at ~70 cent, I think it just simply earns more than 75% from the money invest for share buy back. This bring ~RM3M to the company. :)

Posted by Invest_168 > 2013-07-15 20:39 | Report Abuse

Total Amount Received For Treasury Shares Sold : RM 2,826,742.20

Posted by sheep > 2013-07-15 20:52 | Report Abuse

That's what making me worried. why sell all if it's on a uptrend. they could also staggered their sale to alay any fear. Unless they are announcing some negative news this week which will make the share price menjunam!! Then they will use the money to buy back and support it at lower price. how low will it go drastically? 0.50sen for mother and 0.30 for son?... :)

Posted by iafx > 2013-07-15 20:59 | Report Abuse

aiyoyo... shares sold enough to settle group borrowings already ;D

Posted by Invest_168 > 2013-07-15 21:18 | Report Abuse

If you think another way, sold out the shares will not harm the company. Most probably Redtone may graps more projects in hands and need more money to run the projects, thus it sold the shares previously bought back with very low entry price. :)

Posted by Alex Leow Sze Shen > 2013-07-15 21:40 | Report Abuse

Invest_168: yes, I agree with you. Furthermore, Kenanga has highlighted the incoming projects and they need $$$ to run the projects, in my opinion, I think the company is healthy too!

Posted by hongchai > 2013-07-15 22:44 | Report Abuse

Majority of the Treasure Shares were bought this year... Around 80%... Based on the amount they sold, they actually sold 85% of their Total Treasury Shares.

Posted by hongchai > 2013-07-15 22:47 | Report Abuse

I did some simple calculations...
Total Amount Received for Treasury Shares Sold: RM 3.3 mill
Total Cost Estimated to Bought Treasury Shares: RM 1.8 mill
Hence, Net Gain is around RM 1.5 mill

Posted by hongchai > 2013-07-15 22:51 | Report Abuse

Do note that Forecasted Net Profit for this year is RM 25 mill...
So the gaining from Treasure Shares are 6% which is quite a lot...
And if estimated that Dividend for FY13 is 1.6 sen per share...
Total of RM 7.8 million need to fork out to pay the shareholders....
So ask urself, why need to sell the Treasure Shares now?

Posted by Alex Leow Sze Shen > 2013-07-15 23:36 | Report Abuse

Technical Chart Indicator: RedTone needs to reach 0.775 for the next breakout and then followed by 0.805 and then it can go already!

Posted by Harvard57 > 2013-07-16 07:57 | Report Abuse

Warrant still got room to go up, TP 60sen

Posted by Alex Leow Sze Shen > 2013-07-16 08:44 | Report Abuse

Hope it hover above 0.725 today!

Posted by Alex Leow Sze Shen > 2013-07-16 08:48 | Report Abuse

REDTone WA opening should be 0.50 while mother share should be 0.73 opening!

Posted by Alex Leow Sze Shen > 2013-07-16 08:50 | Report Abuse

GORENG TIME is here again for REDTone, are u ready?

Posted by buybackma > 2013-07-16 08:56 | Report Abuse

Yup..how far the waran can go Alex, ur opine?

Posted by daniel168 > 2013-07-16 08:59 | Report Abuse

comment from my sifu : Resistance Breakout + High Volume + MACD 4R1G + Stochastic Bullish Crossover + Bollinger Band Squeeze Breakout!

All of the criteria have met, very beautiful chart confirmation, this should be display in the art gallery!

Posted by Alex Leow Sze Shen > 2013-07-16 09:04 | Report Abuse

buybackma, TP is 0.55, let's see can it done! :)

Posted by Alex Leow Sze Shen > 2013-07-16 09:06 | Report Abuse

Posted by daniel168 > Jul 16, 2013 08:59 AM | Report Abuse


comment from my sifu : Resistance Breakout + High Volume + MACD 4R1G + Stochastic Bullish Crossover + Bollinger Band Squeeze Breakout!

All of the criteria have met, very beautiful chart confirmation, this should be display in the art gallery!

Good! Let's see!

Posted by iafx > 2013-07-16 09:18 | Report Abuse

looks like sold of treasury shares didn't scare of investors :D

Posted by 9696 > 2013-07-16 09:21 | Report Abuse

Wait to boom till 80c

Posted by Alex Leow Sze Shen > 2013-07-16 09:21 | Report Abuse

Kenanga keep buying the shares I think :)

Posted by Alex Leow Sze Shen > 2013-07-16 09:24 | Report Abuse

Today 12pm and 4pm is the time to watch!!!

Posted by lwalk > 2013-07-16 09:32 | Report Abuse

heart cannot take it... lol

Posted by Alex Leow Sze Shen > 2013-07-16 09:42 | Report Abuse

where is gimmy2u, redtone now has become a golden swan! LOL