Theres 3 days attempts last week to push Redtone above 0.85 but no buyer strength to hold/support at that lvl, and retrace back above 0.80. I feel its still possible for the big players to try again break the position at 0.85 or above in coming weeks. From the recent breakout 0.72-0.75..redtone have continued to climb till reach 0.86 highest last Friday. It seems trying set support at 0.85 and continue to move towards the 0.88 - 0.90 lvl.
jimmy2u, i'm not fxxker ppl... i'm new here and new in share investment. even though i'm new, made some $$$ due to good info especially from Alex n Gimmy2u as well as other redtoners.
lol forget that, lets concentrate see when the quarterly result come out. either end of today or tomorrow. However the result might not be as pretty as last quarter but should be better than year 2012 under same quarter.
0032 REDTONE REDTONE INTERNATIONAL BHD Additional Listing Announcement
1. Details of Corporate Proposal Whether the corporate proposal involves the issuance of new type and new class of securities? No Types of corporate proposal : ESOS Details of Corporate Proposal : Employees' Share Option Scheme No. of shares issued under this corporate proposal: 100,000 Issue price per share ($$) : MYR 0.165 Par Value ($$) : MYR 0.100 Latest issued and paid up share capital after the above corporate proposal in the following Units : 487,714,845 Currency : MYR 48,771,484.500 Listing Date : 30/07/2013 2. Details of Corporate Proposal Whether the corporate proposal involves the issuance of new type and new class of securities? No Types of corporate proposal : Others Details of Corporate Proposal : Conversion of Irredeemable Unsecured Loan Stocks 2010/2020 No. of shares issued under this corporate proposal: 195,600 Issue price per share ($$) : MYR 0.250 Par Value ($$) : MYR 0.100 Latest issued and paid up share capital after the above corporate proposal in the following Units : 487,910,445 Currency : MYR 48,791,044.500 Listing Date : 30/07/2013 Remarks : The 195,600 Ordinary Shares were allotted as a result of the conversion of 489,000 ICULS.
if we check Kenanga report, FY13 earnings should grow more than 10x to RM25m... This should be good news to the stock. Result to be out latest by Wednesday (31-July)
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 > 2013-07-28 01:00 | Report Abuse
Ivan10: yes, still holding redtone, waiting to fly :)