I posted my 1st article about REDTONE last month,so far i was very right.
i am so excited about future prospect of REDTONE and wish to share more information in my 2nd article.
To make things easier,i'll share some copy paste information about REDTONE,with some Highlight and my personal remark,hopefully it will be useful to investors who wish to make some profit from NFCP.
1.)Result improved as expected,dividend as another positive surprise:
Redtone announced excellent two month result last month,the quarter have only two month because REDTONE had changed Financial Year from 30 april to 30 june.As a result,FY 2019 will have 14month instead of 12month,but will be normalize in FY 2020,which starting from 1 july 2019 until 30 june 2020.
The fantastic two month result shown as below:
INDIVIDUAL PERIOD
|
CUMULATIVE PERIOD
|
||||
CURRENT YEAR QUARTER
|
PRECEDING YEAR
CORRESPONDING QUARTER |
CURRENT YEAR TO DATE
|
PRECEDING YEAR
CORRESPONDING PERIOD |
||
Two Months
|
Two Months
|
Fourteen Months
|
Fourteen Months
|
||
01 May 2019
To |
01 May 2018
To |
01 May 2018
To |
01 May 2017
To |
||
30 Jun 2019
|
30 Jun 2018
|
30 Jun 2019
|
30 Jun 2018
|
||
$$'000
|
$$'000
|
$$'000
|
$$'000
|
||
1 | Revenue |
32,534
|
0
|
211,459
|
0
|
2 | Profit/(loss) before tax |
8,852
|
0
|
33,294
|
0
|
3 | Profit/(loss) for the period |
6,997
|
0
|
21,369
|
0
|
4 | Profit/(loss) attributable to ordinary equity holders of the parent |
6,478
|
0
|
21,840
|
0
|
5 | Basic earnings/(loss) per share (Subunit) |
0.84
|
0.00
|
2.85
|
0.00
|
6 | Proposed/Declared dividend per share (Subunit) |
1.00
|
0.00
|
1.00
|
0.00
|
AS AT END OF CURRENT QUARTER
|
AS AT PRECEDING FINANCIAL YEAR END
|
||||
7 | Net assets per share attributable to ordinary equity holders of the parent ($$) |
0.2145
|
0.1854
|
PERSONAL REMARK:
●The best quarter result recorded in last 3 years even with only two month.
●No "paper profit" from exceptional items,means all the profit recorded is "real profit" and the growth momentum is sustainable in coming quarters.
●Two month EPS of 0.84cen.if we annualise the figure,it will be 5.04cen(6x0.84).
●1 cen dividend announced,the 1st payput since 2015,marking the strong result and balance sheet is bearing fruits for shareholders.
2.) REAL winner of the RM21.6 billion National Fiberisation and Connectivity Plan (NFCP).
Please read the news and bursa announcement below carefully and try to discover the hints yourself:
The Malaysia Government approved the implementation of National Fiberisation and Connectivity Plan (NFCP), an ambitious, multi-billion project, aims to provide nationwide digital connectivity, high-quality and affordable Internet for all Malaysians in urban and rural areas.
The Ministry of Communications and Multimedia (KKMM) in a statement said that the five-year plan (2019–2023) is expected to cost RM21.6 billion and has been approved by the Malaysia Cabinet.
The main focus of NFCP will be on deploying fibre networks, however, alternative technologies such as wireless networks and satellite technology will also be deployed wherever conducive. This is in line with its ‘Shared Prosperity’ initiative, in which rural areas will be able to enjoy high quality and high-speed broadband access.
The NFCP’s main targets are:
NFCP will focus at:
A special task force chaired by the Ministry and comprising related agencies will be set up to coordinate the construction of digital infrastructure in schools, police stations, hospitals and libraries.
KKMM said the RM21.6 billion cost of implementing the NFCP will be funded through the provision of the Universal Service Provision (USP) Fund, regulated by the Malaysian Communications and Multimedia Commission (MCMC), and commercially by the service providers.
The Ministry said the methods of financing via USP Fund that would be considered are in the form of full fund, matching fund or partial fund to eligible parties. These financing methods will help reduce the expenditure of the service provider and the cost savings will benefit consumers through the provision of affordable services.
KKMM said the launch ceremony of the NFCP project is expected to be held in mid-September 2019. Further details will be given at the briefing.
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REDTONE INTERNATIONAL BERHAD |
Type | Announcement | |||||||||||||||||
Subject | OTHERS | |||||||||||||||||
Description |
REDTONE INTERNATIONAL BERHAD |
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The Board of Directors of REDtone International Berhad (“REDtone”) wishes to announce that its wholly-owned subsidiary, REDtone Engineering & Network Services Sdn. Bhd. (“RENS”) had on 27 December 2017 received the Notice of Approval from the Malaysian Communications and Multimedia Commission (“MCMC”) to appoint RENS as Universal Service Provider for the provision and implementation of Time 3 Extension Phase 3 (Part 2) project (“Project”), for the provision of 2G and 3G public cellular services in rural areas in 8 major states of Malaysia as part of MCMC’s Time 3 Extension Phase 3 Programme, subject to a maximum cost of RM250,755,538. The Project will not have any effect on the share capital and substantial shareholders’ shareholding of REDtone. The Project will not have any material effect on the net assets and gearing of the REDtone Group for the financial year ending 30 April 2018. However, the Project is expected to contribute positively to the financial performance of the REDtone Group in the future. This announcement is dated 27 December 2017.
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------- Bursa Company Announcements:10 december 2014OTHERS REDTONE INTERNATIONAL BERHAD (“REDTONE” or “THE COMPANY”) LETTER OF AWARD TO BUILD, OPERATE AND MAINTAIN RADIO ACCESS NETWORK INFRASTRUCTURE IN RURAL AREAS IN SARAWAK AND JOHOR AS PART OF MALAYSIAN COMMUNICATIONS AND MULTIMEDIA COMMISSION’S TIME 3 EXTENSION PROGRAMME
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Chart | Stock Name | Last | Change | Volume |
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Created by firerain | May 10, 2021
Created by firerain | May 07, 2021
Created by firerain | Oct 24, 2019
Created by firerain | Aug 26, 2019
Yes, China made fibre optics are much cheaper, why buy
from msia com...like Opcom???
Nfcp will secure 10% from Opcom and 90% from China to lower the cost of Nfcp lah.
2019-09-20 05:10
Where is open tender PH always promised? Again PH only good at U-turn like in GE14.
2019-09-20 08:07
no lar, real winner are PH cronies!
these cronies will be exposed once we see who gets govt projects.
2019-09-20 09:44
Redtone is a good stock
These are some great improvements
Flexicraft is now expanding by leaps and bounds
From just 2 customers now Redtone has secured about 2 dozen customers due to Mco lock down
The pro-active management style of Redtone director is commendable
Growing flexicraft in covid 19 crisis when people cannot visit showroom or showhouses Flexicraft now bring them to you
Also another excellent job is Redtone ability to collect a huge Rm39.3 millions payment
Now it's cash has bloated to 25% of it's share price
So Redtone will be able to increase in its dividends
On the other hand dead stock like dlady is shrinking in revenue and shrinking in dividend
Anyone got dlady please sell
After selling dlady then buy Redtone
2020-05-30 08:48
calvintaneng
Good. But not the Top winner lah.
The Top winner belongs to Opcom
REDtone still need to buy fiber optic and other material from Opcom as well as ock, green packet and netx and all others irrespective of what they do, when they do or where to do
As long as you build anything like house, shop, office or factory, or bridges or highways, or airports or seaports you need cement.
So you need fiber optics by Opcom just like you need cement.
2019-09-20 04:10