WOW! Up 0.01 cents! Who is pushing!

whoah! Unchange price!

rebounded nicely, now can it head back to original closing price?

hot hour, rebound rebound

Selling pressure!

20 points!

but redtone is going up now!

Market down gao gao today!

greentone!

report out tomorrow KENANGA resource

jasonlim84: :)

Mother dropped 0.02 while WA up 0.005!

WA up 0.005!

the golden hour!

Report is out tomorrow according to Kenanga :)

I looks like Kenanga set TP of Redtone to 0.77! Aiyoh Kenanga, already hit la, no need to report! This report is out on The Edge Daily

WA going to rise, congrats those who bought today, I try 0.545 buy but din queue up to me..too bad!

9696_88: yes, every redtoners also hoping for it :)

I have a feeling, afternoon trading redtone will be green green higher! Just my sense...:)

store_lunch: after market close at 5pm today

relax, good results we expect the last :)

WA from drop become unchanged now

buying volume is coming back

REDtone - Expanding Infra & Engineering Businesses
Author: kiasutrader | Publish date: Tue, 30 Jul 09:41



--------------------------------------------------------------------------------

News REDtone has entered into a share sale agreement with TSM Global Berhad (“TSM”) for the acquisition of the remaining 50% of Meridianotch S/B (“MSB”), which in turn owned 51% of REDtone CNXBroadband S/B (“RCB”), for a total cash consideration of RM490,001.

Upon completion of the acquisition, MSB will be a wholly-owned subsidiary of REDtone.

REDtone-CNX Broadband S/B is principally engaged in the provision of broadband services.

Comments We understand that the group is keen to assume full control of RCB, which is a provider of infrastructure & engineering WIMAX services in East Malaysia.

By having a controlling stake in RCB, management intends to widen as well as leverage its expertise by providing telco infrastructure and engineering services (i.e. set-up and maintenance of telco basestations; network testing; project management) to the whole country.

Nevertheless, management does not expect the acquisition to have any material financial impact to the group in FY14.

Outlook REDtone’s near-term catalysts will be mainly led by its RM82.5m USP project as well as the synergies arising from its recent NSA agreement with Maxis.

The group’s future earnings are likely to depend on: (i) its ability to secure more USP projects; and (ii) the degree of aggressiveness of Maxis’ 4G LTE services rollout, which we have yet to impute into our forecasts.

Forecast There are no changes in our FY13-FY14 earnings forecasts pending the upcoming 4Q13 result scheduled for release tomorrow.

Rating Maintain OUTPERFORM (under review)

Valuation We are keeping our REDtone target price of RM0.77 for now, pending the upcoming result release. Our current target price is based on targeted FY14 PER of 14.5x (+0.5SD).

Risks Dependency on a major partner – Maxis.

Failure to secure more USP programmes.

Source: Kenanga

from a reliable source, quarter report out today

still early, wait 1st n see

Fly me to the moon <----If you watch Triumph Of The Skies 2! It's a nice song!

VT buy more ---> tomolo uptrend same day with report out!

REDTONE INTERNATIONAL BERHAD


Particulars of substantial Securities Holder

Name TAN SRI DATO' SERI VINCENT TAN CHEE YIOUN
Address Level 12 (East Wing)
Berjaya Times Square
No. 1, Jalan Imbi
55100 Kuala Lumpur
NRIC/Passport No/Company No. 520223-01-5779
Nationality/Country of incorporation Malaysian
Descriptions (Class & nominal value) Ordinary Shares of RM0.10 each
Name & address of registered holder TAN SRI DATO' SERI VINCENT TAN CHEE YIOUN
Level 12 (East Wing)
Berjaya Times Square
No. 1, Jalan Imbi
55100 Kuala Lumpur

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transaction Date of change
No of securities

Price Transacted (RM)

Acquired 22/07/2013
1,021,200





Circumstances by reason of which change has occurred Acquired via open market.
Nature of interest Direct
Direct (units) 7,000,000
Direct (%) 1.43
Indirect/deemed interest (units) 66,200,800
Indirect/deemed interest (%) 13.56
Total no of securities after change 73,200,800
Date of notice 25/07/2013



Remarks :
The Notice of Change in the Interests of Substantial Shareholder was received by the Company on 29 July 2013.


--------------------------------------------------------------------------------


Announcement Info

Company Name REDTONE INTERNATIONAL BERHAD (ACE Market)
Stock Name REDTONE
Date Announced 29 Jul 2013
Category Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference No CK-130729-00C4D

TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS): NON RELATED PARTY TRANSACTIONS REDTONE INTERNATIONAL BERHAD (“REDTONE”)- ACQUISITION BY REDTONE TECHNOLOGY SDN BHD (“RT”), A WHOLLY-OWNED SUBSIDIARY OF REDTONE, FROM TSM GLOBAL BERHAD (“TSM”) OF 700,001 ORDINARY SHARES OF RM1.00 EACH IN MERIDIANOTCH SDN BHD (“MSB”) (“MSB SHARES”) REPRESENTING 50% OF THE ISSUED AND PAID-UP SHARE CAPITAL OF MSB (“ACQUISITION”)

REDTONE INTERNATIONAL BERHAD


Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
Description REDTONE INTERNATIONAL BERHAD (“REDTONE”)- ACQUISITION BY REDTONE TECHNOLOGY SDN BHD (“RT”), A WHOLLY-OWNED SUBSIDIARY OF REDTONE, FROM TSM GLOBAL BERHAD (“TSM”) OF 700,001 ORDINARY SHARES OF RM1.00 EACH IN MERIDIANOTCH SDN BHD (“MSB”) (“MSB SHARES”) REPRESENTING 50% OF THE ISSUED AND PAID-UP SHARE CAPITAL OF MSB (“ACQUISITION”)





Pursuant to Rule 9.19(24) and Rule 10.05 of Bursa Malaysia Securities Berhad ACE Market Listing Requirements, the Board of Directors of REDtone wishes to announce that RT had on 25 July 2013 entered into a Share Sale Agreement with TSM for the acquisition of the remaining 700,001 ordinary shares of RM1.00 each, representing 50% of the total paid-up capital of MSB from TSM for a total cash consideration of RM490,001.





Upon completion of the Acquisition, MSB will be a wholly-owned subsidiary of REDtone.





Please refer to the attachment for the full announcement in relation to the Acquisition.





This announcement is dated 29 July 2013.

wow. mother drop 0.005 WA drop 0.015! Son on discount again!

let's see golden hour can have special rebound

the golden hour is here!

jasonlim: I bought at 0.585 and 0.59

Waiting to break 0.85!

Ivan10: yes, still holding redtone, waiting to fly :)

Ivan10: Good idea, I do support buy back at lower price but since report is around the corner, think buyback again is the best option :)

chua: I think next week can break 0.86 above! Due to report coming out and it's highly expected to be very positive :) Just see

tcleng: great, i hope u earn a lot of $$$

9696, I am back, I hope my appearance do not cause any trouble here

Ivan10: sure, let's huat together ok! :)

jimmy2u: yes, i know....dun worry, I am back now I'm sure this will motivate gimmy2u to come back as well :)

jimmy2u: support u! :)

tony_t: sure, i try to locate him and ask him back :)

buybackma, yes, very good indeed with heavy selling pressure. At least it still can stand by 0.835 today.

next week REDTone will continue to be bullish, just take note :)

buybackma, I try to call gimmy2u back, give me some time :)

golden hours not always going up...just a classification only because normally 4pm, price movement will be up or down. Only a name :)

buybackma, hey buddy, nice to see you here again! You're still with REDTOne hor, great to hear :)

I went for vacation ---> to attend advance classes/seminars on investment...I learn and benefit from the class as well. I wish you all the best!