You are right, we can see the major shareholder keep buying Muda stock on the 15th and 16th March.

The packaging sectors still in the great demand.

https://www.youtube.com/watch?v=0UNN9p7-rLM

The major shareholder start buy back shares on 4th and 5th March 2021

U.K.’s Hancock Says New Covid Mutation Is ‘Out of Control’
By
Kitty Donaldson
December 20, 2020, 5:50 PM GMT+8 Updated on December 20, 2020, 7:38 PM GMT+8

U.K. Health Secretary Matt Hancock warned that the new strain of the coronavirus is “out of control” and suggested parts of England will be stuck in the new, highest tier of restrictions until a vaccine is rolled out.

More than 16 million Britons are now required to stay at home after a lockdown came into force Sunday in London and southeast England and the government scrapped plans to relax rules on socializing at Christmas.

The measures to control the fast-spreading new variant of the virus forbid household mixing in those areas and restrict socializing to just Christmas Day across the rest of England. Residents across the country were told to keep to their local areas, and extra police were being deployed at rail stations to stop people traveling out of London.

“Cases have absolutely rocketed, so we’ve got a long way to go,” Hancock told Sky News. “I think it will be very difficult to keep it under control until the vaccine has rolled out.” People in the new Tier 4 areas “should behave as though they have it,” he said.

Hancock said that as of Saturday morning 350,000 people had been vaccinated, with the ambition to reach 500,000 by the end of the weekend.

Johnson had originally planned to ease pandemic rules for five days during the holiday, but made an abrupt change of tack after emergency talks on the virus mutation with officials.

Emerging scientific evidence suggests the new variant -- which Hancock said has also appeared in Australia and continental Europe -- can spread significantly more quickly than previous strains in circulation and is behind the surge in infections in recent days.

“We made the commitment not knowing that there was going to be a new variant that spreads so much faster,” Hancock said, of the original plans. He said there is “no evidence” that the new strain -- VUI-202012/01 -- is milder than the original virus.

Maria Van Kerkhove, Covid-19 technical lead at the World Health Organization, told the BBC’s Andrew Marr program: “We understand that the virus does not cause more severe disease.”

Dr. Fauci had a similar message for people in the US. Earlier this week, he said despite the vaccines, the public won't be able to "throw the masks away" until the late fall or early winter of 2021.

Mask still in great demand in America. In the same time Nike is projected sales growth of 12.3%

https://edition.cnn.com/2020/12/18/us/survey-us-mask-culture/index.html

Nike shares rise as pandemic fuels sneaker maker’s online growth, annual revenue outlook gets a boost
PUBLISHED FRI, DEC 18 20204:25 PM ESTUPDATED FRI, DEC 18 20206:12 PM EST
Lauren Thomas@LAURENTHOMAS
KEY POINTS
• Nike’s fiscal second-quarter earnings and sales topped analysts’ expectations, as the sneaker maker reported strong digital growth.
• In the Greater China region, Nike’s revenue grew 24%, compared with year-over-year growth of just 1% in North America.
• Online sales for the Nike brand were up 84% during the period.

Nike on Friday reported quarterly sales and earnings that topped analysts’ estimates, driven by triple-digit growth online in North America and strong demand for its sneakers and workout apparel from Chinese consumers.

It was able to cut expenses as it spent less on marketing during sporting events due to the pandemic. The lower costs boosted profitability. Strong sales during Alibaba’s Single’s Day in China, and Black Friday in the U.S., also helped it barrel into the holidays with tighter inventories, reducing the need for discounting.

“These are times when strong brands get stronger,” Chief Executive John Donahoe said during an earnings conference call. “Permanent shifts toward digital, athletic wear, and health and wellness, continue to offer us incredible opportunity.”

With this momentum, Nike raised its fiscal 2021 outlook, calling for revenue to rise at a low-teens percentage year over year. Analysts had been calling for growth of 12.3%, according to Refinitiv. Donahoe said Nike’s profit outlook is improving, too, as it plans for less discounting in the coming quarters.

Olympic come the sports wear will sell like hot cake...

OCK, Omesti, Binacom and Opcom all up! Does anyone have any latest news ?

All the 5G related stocks will fly very soon.

Trump Team Weighs $1 Trillion for Infrastructure to Spur Economy

The Trump administration is preparing a nearly $1 trillion infrastructure proposal as part of its push to spur the world’s largest economy back to life, according to people familiar with the plan.

A preliminary version being prepared by the Department of Transportation would reserve most of the money for traditional infrastructure work, like roads and bridges, but would also set aside funds for 5G wireless infrastructure and rural broadband, the people said.

President Donald Trump is scheduled to discuss rural broadband access at a White House event on Thursday.

Maintain consortium approach for 5G spectrum allocation
by BERNAMA/ pic by MUHD AMIN NAHARUL

THE government and regulator should maintain the original consortium approach when it comes to spectrum allocation of the much-awaited national 5G network, according to the National Tech Association of Malaysia’s think tank arm, Future Digital.

Future Digital chairman Ganesh Kumar Bangah said this approach would be the most obvious path considering the massive investments involved, should the country proceed with 5G.

“That said, my view is that Malaysia is in a Catch-22 or ‘chicken and egg’ situation, or a metaphor: You need money to make more money.

“For a start, investment in building 5G infrastructure could run into billions of ringgit, depending on how wide and extensive the coverage is,” he told Bernama.

To recap, on May 15, the Communications and Multimedia Ministry had awarded the 5G telecommunications spectrum to five telecommunication companies (telcos). However, the ministry decided to cancel the order on June 3, which left the telcos back to the drawing board.

The distribution would have otherwise been by blocks of 2x10MHz each to Celcom Axiata Bhd, DiGi Telecommunications Sdn Bhd and Maxis Broadband Sdn Bhd, while Telekom Malaysia Bhd and Altel Communications Sdn Bhd would receive 2x5MHz each.

When it comes to investments, Ganesh, who is also the founder and executive chairman of Commerce.Asia Group of Co, said developed economies might have the economy of scale to invest in 5G infrastructures as factors to be considered include GDP, population and how big the “bet” they would like to make on 5G.

“Does Malaysia have the population and industries which would embrace 5G technologies in its fullest capacity? It goes back to the justification of whether the investment in 5G would benefit or drain the country,” he said.

Catch-22: Is it ‘Nice to Have’ or a ‘Must Have’ for Malaysia?

One of Malaysia’s major appeals to foreign investors is the country’s robust physical infrastructure such as highways connecting all major cities.

He said if implemented, 5G would also add to the list of attractive infrastructures for foreign investors.

“However, do we build and hope they will come? No, the smart move would be to have the appropriate government policies — not just on 5G — but additional policies to attract foreign companies into investing in Malaysia,” he said.

Ganesh said most telcos were still dependent on 4G and he noted that their 4G assets have not depreciated even though 5G is very much touted.

In conclusion, he said whether 5G is implemented in Malaysia in the near future goes back to whether the huge investment justifies potential benefits for the country.

5G: A Game Changer for Biz
The technology would undoubtedly revolutionise businesses in Malaysia, more so with the application of latest technologies involving artificial intelligence, machine learning, computing edge and internet-of-things.

The Covid-19 pandemic has brought to light the importance of e-commerce as global governments impose lockdown policies to contain the virus, which subsequently also changing consumer behaviour, proven by the growing trend of online transactions.

“In view of the acceleration that Covid-19 has given to the booming e-commerce industry, the segment will be further revolutionised with 5G as it will be able to make the shopping process more experiential by providing 3D images of the product, for example.

“Experiential E-Commerce could put the final nail in the coffin for traditional e-commerce,” he added.

when a company is doing well, competence cash will be flowing in.

Singapore is expected to start commercial 5G from January 2021, with two 5G licenses being issued to companies including Singapore Telecommunications. The country aims to have 5G covering at least half of the city-state by end-2022.

"The coronavirus pandemic has pushed demand for telemedicine and robots [that operate in hospitals] and finally accelerated the commercial 5G [launches]," said an analyst at Asia Plus Securities.

Thailand and Singapore already focus in developing 5G networks.

https://asia.nikkei.com/Spotlight/5G-networks/Thailand-leads-ASEAN-in-5G-rollout-due-to-pandemic

If anyone want to know more about IDS Redtone provided for customer could go to the Redtone website to watch the Royal Selangor display their Virtual Reality stores. It is very impressive. I am sure Redtone will have big business due the Covid 19 where more and more people go online.

From Redtone website.

ANNOUNCEMENT

The Malaysia Government has just announced that the Enhanced Movement Control Order will be implemented until 9th June 2020, throughout the country. This control order is made under the Prevention and Control of Infectious Diseases Act 1988 and the Police Act 1967.

Nevertheless, Telecommunications is defined as one of the essential services. Hence, we at REDtone will continue to operate and provide full support to all our customers throughout this period via multiple digital platforms, including:

Customer care hotline: 1800 87 7790 (for any after sales support)
Sales hotline: 1800 87 7770
Live chat at www.redtone.com
Facebook: https//www.facebook.com/redtonemalaysia/
LinkedIn: https://www.linkedin.com/company/redtonemalaysia/
Instagram: https://www.instagram.com/redtonemalaysia/


Operating hours will be maintained at 8:30am – 5:30pm, Monday to Thursday.

Redtone IDS could help our local companies to market their product especially during Covid 19 situation. This is because more people will use internet for buying products online.

REDtone chief executive officer (CEO) Lau Bik Soon believes the group’s new virtual reality (VR) service, dubbed Flexicraft, is set to boost sales in the IDS segment.

“IDS is something new that we are building,” Lau told The Edge Financial Daily in a recent interview. “I believe with the launching of new services like Flexicraft, FY20 would be interesting for IDS. I do expect that we should be able to turn around for IDS and do better in FY20.”

“We are positive of our top line growth in FY20. We believe Flexicraft would grow at a 40% compound annual growth rate over the next five years. Because the market is still young, we are very positive for the IDS segment, particularly Flexicraft,” he added.

Lau said REDtone’s VR solution is capable of creating three-dimensional interactive virtual space for the group’s customers to interact with end users.

He said REDtone already has two clients — Royal Selangor International Sdn Bhd and Paramount Corp Bhd — using the new technology to market their products on their websites.

Redtone results should be good.

https://www.theedgemarkets.com/article/communications-and-multimedia-industry-market-cap-hits-rm14401b-2019

JPMorgan Asset Management is betting that some Asian technology shares could double in value in three to five years as the global pandemic makes working and playing online a force of habit.

Green Packet closing price 1.21 yesterday.

What JPMorgan said is right. Hope Redtone will be moving up soon.

Gross Profit and Gross Profit Margin

For FPE2019, the Group recorded a gross profit of RM85.2 million or a gross profit margin of 40% as compared to RM52.5 million or a gross profit margin of 44% in the preceding financial year. The growth in gross profit was mainly driven by its MTNS projects.

Redtone gross profit margin is between 40% to 44%

A good article to share…..

I am sure everyone had heard about "The National Fiberisation and Connectivity Plan (NFCP) ", which involved RM21.6 billion capital expenditure to substantially upgrade Malaysia telecommunication connectivity in prepare of digital economy as well as 5G technology.

With the NFCP,we can expect great investment opportunities ahead without any doubt.

But unfortunately,i also found many investors do not really understand how NFCP or even telecommunication industry is working,even famous bloggers make horrible mistake,so i think it is necessary to write this article and share my knowledge here.

1.)what is NFCP?

NFCP is a major plan to revolutionize Malaysia telecommunication industry,with target of building solid foundation for economy to adapt digital industrialisation,like industry 4.0 and Internet of Things(IOT),altimately make malaysia an even competitive economy globally.

The total investment under NFCP was estimated at RM21.6 billion.Among which,50-60% of the total investment will funded by universal services provision(USP) fund managed by MCMC,the remaining will be funded by private sector,namely TM,MAXIS,DIGI,CELCOM,etc.

Investment made by USP fund will be focus on infrastructure in rural area,mainly building new towers,upgrading exsisting towers as well as regular maintainance.

On the other side,investment made by private sector will mainly focus on urban area,included but not limited to building new towers,upgrade current facilities and network,as well as 5G investment.

2.)What is USP fund?

USP fund was set up by MCMC and contributed by telecommunication company every year.

The rationale behind is simple:Due to commercial consideration,telco wont set up their towers in most of the rural area.So,to make sure people in rural area can enjoy telco services too,MCMC request all telco to contribute certain percentage of their profit into USP fund every year,and then use the fund to build towers in rural area.

The towers build by USP fund will altimately connected to telco's network,thus allow all telco to provide services for rural residents.

3.)Which company will be benefited from NFCP?

Redtone is one of the company may benefited from NFCP.

I have wrote few article about how Redtone could benefited from NFCP since august last year,so the answer is YES,Redtone is difinitely one of the major winner.

As i mention before,Redtone had consistantly appointed as USP contractor by MCMC for the last 7 year,so far they already help MCMC to install and maintain hundreds tower in rural area,and already became one of the largest MTNS player in the market.So,NFCP is not something new to Redtone,they have necessary experience,expertise,capital,and track record.

To be even clear,Redtone is the only services provider in Bursa that own excellent record on large scale USP project.

We can expect Redtone to win more towers as soon as next week,as final winners of NFCP 1 that involve 153 towers would be announce anytime from now,following by NFCP 2 that involve 500 new towers.

No matter how,MCMC will spend big on rural towers expansion in years to come.i am pretty sure Redtone can win more towers from MCMC,just the matter of when,as they had clear advantage in USP projects.

“Digitisation is not a choice now but a need to ensure continuity of businesses for a long period. Companies need to speed up their digitalisation process in reducing human contact,” Azmin said in a statement.

https://www.freemalaysiatoday.com/category/nation/2020/05/02/rely-less-on-workers-focus-on-automation-urges-azmin/

Yes Red Red hot again.

The Finance Minister Malaysia already in his mind of implementing digital technology. The government will spend money to improve the IT infrastructure in Malaysia and Redtone will benefit from it.

Tengku Zafrul said the government is formulating a long-term strategy that would encompass measures to safeguard the country’s economic, nature and social thrusts with digital technology playing an important role in ensuring the country’s sustainability and competitiveness in the future.

https://www.theedgemarkets.com/article/mof-formulate-economic-recovery-plan-post-covid19-%E2%80%94-zafrul

Redtone share price can fly higher.....

In the latest Annual Report the Sultan of Johor and Vincent Tan companies already hold nearly 70% of Redtone. Out side shares is very limited.

There is an interesting finding where the company had made share buy back at average price paid 0.595 per share and total amount of RM 5,653,000 held in the Treasury Share as of 31st Dec 2019. Now the price 0.43 is still very cheap.

This a very good tech company in Bursa for which it making good profit, net cash position and some more paid dividend for the shareholder. Plus potential for growth.

If look at the latest balance sheet Redtone cash in bank stood at RM 43 million vs RM 3.4 million loan and borrowing.

Which mean Redtone is a net cash company. Compare with those company burden with high debt, Redtone is of LOWER risk.

This is a fundamental solid company. Not only that Redtone is potential growth in coming years. Profit for 2019 stood at RM 22,495,000 with EPS 2.91 sen. In 2019 the company paid 1 sen dividend.

As of 6 months for FY 2020 the company already make profit of RM 15,077,000 with EPS 1.79 sen.

Going forward the company have the potential for growth because the government already moving toward digital economy due to the virus had changed the way we live. Many company and organization will be very depending on the internet and IT technology.

The total investment in 17 hospital cost MYR 5 billion. Average cost per hospital is about MYR 294 million. And why TPG and Hong Leong willing to pay such huge money for hospital? This is due to rising incomes and ageing populations in Asia's largest markets.

For TDM, unlike others plantation company TDM own and operate 4 hospital across peninsular Malaysia. The hospital assets would become the jewel for TDM in years to come. Beside having huge plantation land bank and oil mill, this counter is truly under value.

Hong Leong Group and TPG to acquire 17 Columbia Asia hospitals for US$1.2b

By Farah Adilla - September 13, 2019 @ 5:52pm

KUALA LUMPUR: Hong Leong Financial Group Bhd (HLFG) and private equity firm TPG inked a share purchase agreement to acquire Columbia Asia Hospitals in South East Asia for US$1.2 billion.

In total, Hong Leong and TPG will acquire 17 Columbia Asia hospitals with a breakdown of 12 hospitals Malaysia, three hospitals in Indonesia and two hospitals and a clinic in Vietnam.

I fully agreed with Calvin Tan Target Price RM1 for Velesto. If you look at the history at the end of year 2013 the market capitalization of Velesto was RM8.67 billon. I think Velesto can achieve it given it largest shareholder is PNB.

I would like to share my opinion for Petron Malaysia. The most valuable assets of Petron Malaysia is the Petrol Station. There are more than 580 stations nationwide. The petrol station is the Cash Cow for the Petron Malaysia. If we compare with Petronas Dagangan they have more than 1000 station. This mean that Petron Malaysia still have plenty of room to expand their petrol station.

The share price of Petronas Dagangan in year 2000. The highest was 4.70 and the lowest was 3.90 per share. Now the share price of Petronas Dagangan is 24.62 per share.

In term of the size Petronas Dagangan is obviously far bigger than Petron Malaysia. But in term of the latest Earning per share (EPS) Petronas Dagangan was 1.55 and Petron Malaysia EPS was 1.50; which is very close to each other.

We should give time for Petron Malaysia to grow to become Petronas Dagangan. With the new solid management team I think very soon Petron Malaysia could have achieved it.

From the Petron 2016 Annual Report the largest shareholder was Petron Oil & Gas International Sdn Bhd and they own 73.4% . The remaining of 26.6% own by smaller shareholder. And the second largest shareholder not even 1%. I think there will be more institutional shareholder in the 2017 annual report. I think Petron Oil & Gas will still remain their holding as 73.4% this leave the share outside the market very little. When more and more people keep the share for long term the share price of the share will remain strong.