Good that Redtone have some support at 0.80+ for its coming financial qtr result & potential div. Didnt drop much compare to other counters. :D

Seller queue higher than buyer queue. Can see some light accumulation at 0.815.
Not much buying strength yet. Normally during the last day bfr financial result annouce for some stocks, can see last strong push up the price by big players to cushion the next day profit taking seller impacts.

T+3/4 already over. Less seller queue a good +ve sign.
Just need strong buyer to support n push up for good.

No big players interested to play this Glotec currently coz CPO price still very low. The big boss should come out with some good news play to stir interest for ppl to buy up this counter. Been 1 year after merger listing but stuck at 0.06/0.65 only...

Dividen should be announced soon coz its the 4th Financial Qtrs. :D
(group’s FY13 dividend per share forecast has also been raised to 1.6 sen (from 1.5 sen previously) based on an unchanged 30% targeted payout ratio)

Chua: its from Kenanga http://klse.i3investor.com/servlets/ptres/16983.jsp

It will be good if theres dividen announcement together with financial result 2morrow :D

FY13 results may come in above our expectation as a result of the higher than expected margins, thanks to a better network efficiency as well as cost synergies created from various collaborations. We have, thus, raised our Redtone’s FY13-FY14 GP margin assumptions by another 100 bps each to 42.4% and 41.5%, respectively. The higher GP margin assumptions have also led us to raise the group’s net profit forecast to RM25.5m in FY13 and RM26.5m in FY14 (from RM23.6m and RM25.0m previously). Meanwhile, the group’s FY13 dividend per share forecast has also been raised to 1.6 sen (from 1.5 sen previously) based on an unchanged 30% targeted payout ratio. Note that, Redtone has a formal dividend policy to distribute a minimum 25% of its net profit to reward shareholders.

http://www.redtone.com/fullnews.php?subaction=showfull&id=1373973491&template=mainpage&
The Kenanga TP 0.77 is pending the fin qtr result. If performance/profit result higher than analyst research, new TP price should be revise much higher also. ( 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). ). Previous quarter TP only 56 sen from Kenanga but now already move much higher >80sen :D

VT accumulating/buying in RM millions.
His recent purchased at the range of 0.815.
Dont think his bulk buying spree will end so soon but more to come.

Superman88: Rebound from today low 0.80. Now already 0.815/0.82. I bought this morning when drop... $$$$$.

Some buy on rumours n sell on news.
If good result out.. hope big players will push higher to counter those sell
on news profit takers.

Klci rebound up.. redtone buyer queue increased and rebound abit also from 0.80.
Look +ve now.

Retailers n contra sellers selling.

Buyer queues quite little compare to seller queues. Looks like Raya mood, a lot retailer want 2 pull out money from stock market to go holiday.

KLCI drop -4.26 pts.. Monday blues or maybe early hari Raya clearance sale.

Lucky managed to exit fast with some profit just now. :D
Now try to queue buy back at lower price.

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.

Good trading day... sell high and buy b low, sell and buy b again...Good money $$$$ :D Accumulation still good eventhough T+2 and next week Mon is T+3.. not much selling pressures yet. Still look +ve. Aim for profit and be happy.

Buying pattern kinda weird.. like trying to get buyer to join buy but seems not very successful. Seems like some small retailer style. :D

I m short-mid term trader.. will alwys try buy low and sell high at resistance lvl. Repeat several times more $$$ gained. :D Sometimes syndicate just ran over resistance lvl and no look back.. Just monitor the movement and trend convergence sign...sometimes can hear them whisper... $$$ coming fast buy or fast selll if dont want to lose ur pants. :D

Dont be 2 sensitive and emotional in trading/investment matters... just aim to make profits. Cheers.

Nice.. sold and queue buy back :D

Good start this morning.. trying to push and set support above 0.85. Looking good. More duit raya coming..$$$$ :D

http://www.redtone.com/images/20130530-REDTONE-QB.PDF

PLim Yap: End of q3 (end of Sept13) http://klse.i3investor.com/blogs/kenangaresearch/30674.jsp

Aiya.. post wrongly again..the correct one is VT bought Redtone on 19July price range 0.775-0.806 worth about RM5million. :D Just now posting refer to wrong stock graph price :P VT bought at even higher price than Redtone treasury sold share price. VT want the share desperately for something good coming woon or he just want to push up the share price and at the same time can increase his existing shareholding value. Spent RM millions to push and support REDTONE price above 80sen... I think VT won't want his share price drop low back because it will make his hard effort wasted and $$$ down the drain. Only logical way to is to go UP. With possible take over plan... VT should keep buying the shares more and more. :D

Sold treasury share on 15&16 July 4,742,800 shares 0.72-073 sen. VT bought Redtone shares on 19July 5,978,800 shares at 0.70-725. Price moving up steadily with strong accumulation/buying strength during those dates till now. Today transaction abt RM4million with good support at 0.82/0.825. Financial report coming out soon and still in the run for tender project, the good show performance should continue before consolidation sideway.

Those warrant ppl convert and sell for fast money today. Price still holding above 0.80 sen.

ESOS normally have locking period bfr can exercise.. some given earlier eg. last year can exercise now partially. New ESOS will be given again every yr. So dpds when is the exercise or ESOS option date. Directors or big shareholders have alot shares... they can sell at any price as long its above their cost and get free $$$ :D .

Slow accumulation so far, but can see some seller eager to exit. Financial qtr result just around the corner, should see some good action if the big players continues to buy in big vol again and push higher. Ideal price will be 88 sen :D

Esos case normally share will be pushed up so staff/boss can sell off their ESOS at high price...later price will come consolidate/down. Raya just in 2 weeks times... some might sell off to buy new car to balik kampung or buy new watch, clothes for Raya.. :D

Buying kinda weak today..maybe because of warrant holders after get the free detachable warrants convert to mum shares and sell, more like some profit taking for those short term players.. Support still strong at 0.825.

Gimmy2u: i've read all her msg already and found nothing against u.

I'm just a normal short-mid term trader/investors. Pls read my earlier post.. Alwys follow the trend and No.1 rules in investment. Good luck.

Gimmy2u: think u have misunderstd PLim Yap comments... he/she dun like Alex way of comments posting but ok with u. Anyway.. this morning Redtone drop more likely related to KLCI drop but now seems stablize. Good things its stll above 80 sen lvl. :D

BBinvest: no bearish engulfing candlestick/no large vol sell down? From recent high 0.715 continuous drop 5 days till lowest 0.65 close yesterday 0.66 which is abt 10% drop already obviously downtrend. No rebound even after T+3/4 but keep getting weaker. Try chk the chart indicators.. MACD already at the crossroad, Bollinger band drop from high now supporting at mid lvl (0.66) also broke abit yesterday when hit 0.65. PriceROC & RSI weak and retract back to baseline. Stochastic lvl still close to oversold zone ..means the selling haven't end yet.

angtf: u can read my posting early.. wat i understd its only for Warrant holders will get free detachable warrant by top up 0.25 convert mother shares. Listing date is 25/7/13. Mother share effect? Sure price have to go up to give value 4 ppl to buy and convert the free warrants . Based on today highest warrant price (0.595) + 25 sen, mother share move > 0.845. Closing trade time warrant at 0.58, mother should be > 0.83.

VT buying up slowly..but surely.. :D

Not bad close at 0.84. More actions coming. The rides continue 2morrow. :D

Strong buying 70% today abt RM12 million transaction... VT & some big pocket players buying up more.
Possible to close >0.85 since i feel they still saving their bullets buy slowly.

Pushing the mother shares higher so more ppl will buy the warrants.
With convertion 1:1 with top up 0.25 shares for the warrants... mother share MUST maintain higher than 0.82/0.83 based on existing warrants price!

Free warrants coming!! Mother shares will become stronger and run faster......

Ya... how can i forget to include INARI.? was in between INARI /Redtone earlier also...both are Darlings...

9696... actually wanted to swap to Fitters/Malton after sold TGOFFS...but decide to enter Redtones coz chart very bullish & newsplay stronger with big pocket player support. Now with possible free warrants (propose) coming... might see how fast this horse can run 1st... :D

Hi Hot.T what u highlight is the same thing i pointed out previously...TGOFF play "Out left pocket in right pocket" and repeating the process again now with main shareholders selling and issuance of new 10% shares. Earlier was ok coz the mainshareholders stop selling and sign of strong accumulation but now its BACK again. I'm more concern if bigshareholders are selling the shares in millions... tats why i already sold all at 0.71 and swap to REDTONE .... now flying high with news VT buying in 6million shares increasing his share %. :D

Welcome 2 join the ride but must set own trading plan... Told i swap TGOFFS to REDTONE earlier... should join earlier me for more duit $$$.

My informer told me VT most likely confirm going to take over Redtone... he's buying up more % shares because now its dirt CHEAP! Later will go up more :D

Holding well high at 0.815. Already broke 0.80 resistance lvl convincingly this morning. Next possible push seem towards the resistance lvl at 0.83 - 0.85.

Strongest buy transaction at 0.82.. quite possible Redtone can go further up near 0.85+/- today. If very strong buyers possible hit 0.86.

I think he typo mistake want to buy later at 0.86 :D