Posted by UncleTanHuat > 2019-10-11 16:44 | Report Abuse

Redtone is flying :)

Posted by Gatsgats > 2019-10-11 16:49 | Report Abuse

I sold my ticket at 0.575 .... the pressure is quite huge , hopefully can collect back monday

Posted by thinkfirst > 2019-10-11 17:22 | Report Abuse

If Redtone included as tax exempted for 10 years sure Monday fly high .

Posted by William Ng > 2019-10-11 18:17 | Report Abuse

48c i sold, sakit hati

Posted by thinkfirst > 2019-10-11 18:24 | Report Abuse

Aiyo, if you follow Redtone from 33 cents you will get mad, but now is the time to hold. My entry price 46 cents.

Posted by cicakman > 2019-10-11 19:09 | Report Abuse

thinkfirst,if any,next 5 years ok.already.

Posted by ggbingo > 2019-10-11 19:29 | Report Abuse

34. Now, the Government will create the necessary infrastructure to construct a Digital Malaysia by implementing the National Fiberisation & Connectivity Plan (NFCP) over the next 5 years which will provide comprehensive coverage of high speed and quality digital connectivity nationwide including rural areas. The NFCP will adopt a public private partnership approach involving a total investment of RM21.6 billion. The Government, through MCMC, will finance at least half of the required investment with corresponding investments by the private sector telecommunications players via a matching grant mechanism.

35. As part of NFCP, we will improve connectivity in remote areas of Malaysia, especially in Sabah and Sarawak, to ensure that no one is left behind in our digital drive. MCMC will allocate RM250 million to leverage on various technologies, including via satellite broadband connectivity.

36. In addition, the Government will allocate RM210 million to accelerate the deployment of new digital infrastructure for public buildings particularly schools and also high impact areas such as industrial parks. Priority will be given to locations within states that are able to facilitate and expedite the implementation of the NFCP.


Read more at https://www.thestar.com.my/news/nation/2019/10/11/full-text-of-budget-2020-speech#VxQDbqBoL9XFmWkZ.99

Posted by calvintaneng > 2019-10-11 19:34 | Report Abuse

WAHAHA!!

THE BIGGEST ALLOCATION FOR A NEW BUDGET OF 12 MP

Proctrated trade war offers Malaysia unique opportunity to become choice destination for FDI with high added value
Government allocates RM210m to expedite digital infrastructure establishment in public buildings like schools
Mandatory Standard on Access Pricing (MSAP) has successfully reduced broadband prices by 49% and increased speeds by three times
Govt intends to develop a 100-acre logistics hub at Special Border Economic Zone at Kota Perdana in Bukit Kayu Hitam to strengthen trade relations with Thailand
RM250m will be set aside by MCMC to prepare broadband access via satellite technology to increase connectivity in rural Malaysia, especially Sabah and Sarawak
National Fiberisation & Connectivity Plan will adopt public-private partnership approach involving total investment of RM21.6b


This One Below Chun Chun On Target!!!

National Fiberisation & Connectivity Plan will adopt public-private partnership approach involving total investment of RM21.6b

Posted by calvintaneng > 2019-10-11 19:44 | Report Abuse

WHOA!

GOT SOME MORE LAGI FOR FIBER OPTICS

REDTONE WILL SURE TURN RED HOT NOW!!!

Matching grant fund of RM25m will be set aside to encourage more pioneer digital projects that benefit fibre optic infrastructure and 5G
RM20m allocated to MDEC to groom local champions in producing digital content
RM50 million grant to develop 5G ecosystem to prepare for 5G transformation worldwide
50% matching grant of up to RM5,000 to increase the digitalisation of operations for Malaysian small and medium enterprises (SME)
Smart automation matching grant (up to RM2m) for 1,000 local manufacturers and 1,000 services companies to automate business processes


To boost use of e-wallets, govt to offer one-time RM30 digital stimulus to qualified Malaysians aged 18 and above with annual income less than RM100,000
14 one-stop digital improvement centres to be set up in every state to faciltiate access to financing, development of business capacity
RM10m to be set aside for MDEC to train micro-digital entrepreneurs and technology experts to leverage e-market places, social media platforms
RM445m Bumiputera entrepreneur development grant for access to financing, provision of business premises, entrepreneurship training
Digital Social Responsibility (DSR) is commitment from business sector to enhance workforce with digital skills needed by society. Contributions from the private sector to the DSR will be given tax exemptions.
RM50m allocation proposed to encourage SMEs to engage in more export promotion activities
Govt to provide loans worth RM100m under Small Industries Entrepreneurs Financing Scheme for Chinese community

Posted by calvintaneng > 2019-10-11 19:53 | Report Abuse

SURPRISE AND MORE SURPRISES

DIGITAL E-WALLETS!!

DIGITAL ENTREPRENEURS

DIGITAL SCHOOLS

DIGITAL ESPORTS

MALYSIAN BUDGET ONLY ONE THEME?

ALL DIGITAL????

CORRECT: "THE DIGITAL ECONOMY"""


To boost use of e-wallets, govt to offer one-time RM30 digital stimulus to qualified Malaysians aged 18 and above with annual income less than RM100,000
14 one-stop digital improvement centres to be set up in every state to faciltiate access to financing, development of business capacity
RM10m to be set aside for MDEC to train micro-digital entrepreneurs and technology experts to leverage e-market places, social media platforms
RM445m Bumiputera entrepreneur development grant for access to financing, provision of business premises, entrepreneurship training
Digital Social Responsibility (DSR) is commitment from business sector to enhance workforce with digital skills needed by society. Contributions from the private sector to the DSR will be given tax exemptions.
RM50m allocation proposed to encourage SMEs to engage in more export promotion activities
Govt to provide loans worth RM100m under Small Industries Entrepreneurs Financing Scheme for Chinese community


Islamic Economic Blueprint to be formulated to position Malaysia as centre of excellence for Islamic finance
Govt to provide RM20m in loans under entrepreneur development scheme for Indian community
RM20m allocation for Cradle Fund to train and offer grants to high-impact technology entrepreneurs
Government allocates RM210m to expedite digital infrastructure establishment in public buildings like schools
Govt to provide extra RM50m for SC's My Co-Investment Fund (MyCIF) to assist SMEs that have difficulties in getting financing
Licensing for digital banks to be opened for public consultation by year end. A framework is expected to be released in 1H2020
Government to up e-sports allocation to RM20m due to high potential

Posted by unclelimhuat > 2019-10-11 19:59 | Report Abuse

guys, enjoy ur sweet weekend!!! very very very soon no more 0.5x!!! stay tuned!!!

Posted by cicakman > 2019-10-11 20:47 | Report Abuse

Most of the Rakyat have HP, daily from morning till you sleep with HP,interney access are important and most of the time lately very very slow and congested.

Before highway was built from North to South,travelling takes lots of times .Economy accelerate faster with the highway .Transportations cost much cheaper,everything are more effective and buisness goes very well.

Looking fowards is NFCP a Digital way of doing buisness.Not like tortoise anymore.
You can have any expensive HP and branded and can use Maxis,Celcom or etc .However if the speed is very slow it defeat the purposed.

We work for future,teach children for future
purchase Insurance for future etc.
Then why not invest for the future too.

Posted by ggbingo > 2019-10-11 21:41 | Report Abuse

Dow rallies 300 points as expectations of limited US-China trade deal increase

Posted by cicakman > 2019-10-11 22:08 | Report Abuse

Plus points for Monday Market.

Posted by Maxam > 2019-10-12 09:14 | Report Abuse

https://finance.yahoo.com/news/trump-and-federal-reserve-chair-jerome-powell-may-join-forces-to-send-stocks-skyrocketing-164032925.html?ncid=facebook_yfsocialfa_wje3x23a50w&utm_content=buffer2b1b6&utm_medium=social&utm_source=facebook.com&utm_campaign=yahoofinance

Posted by freddiehero > 2019-10-12 10:00 | Report Abuse

u rili fly?

Posted by calvintaneng > 2019-10-12 11:55 | Report Abuse

Chun Chun of rm21.6 billions for fiberisation

Redtone will turn red hot hot!!

All hold tight tight!!

Posted by speakup > 2019-10-12 12:40 | Report Abuse

next monday speakup will buy back all 200k sold. higher price nevermind

Posted by ggbingo > 2019-10-12 19:51 | Report Abuse

How come Calvin hv insider news of 21b..If I know early then I will all margin in...

Posted by cicakman > 2019-10-12 20:58 | Report Abuse

Generaly everybody knows about the allocations 21.6 billions but there are ppl who knows it much earlier since last year.

Posted by thinkfirst > 2019-10-13 08:25 | Report Abuse

Telecommunications: NFCP Impetus NEUTRAL
The Government will set aside MYR250m from the National Fiberisation & Connectivity Plan (NFCP) to improve broadband access and connectivity in remote areas – more specifically Sabah and Sarawak – via various technologies, including the use of satellite technology for broadband. MYR210m will also be allocated to accelerate the deployment of digital infrastructure for public buildings, ie schools and high economic impact areas such as industrial parks/zones.
Broadly, the allocations should benefit the telcos, which are already capitalising on the MYR21.6bn NFCP blueprint –launched by the Government on 19 Sep. The focus on East Malaysia is to be expected, given the significantly lower broadband penetration vs West Malaysia.
We note that Maxis, DiGi.Com (Digi), and Celcom have rolled out commercial broadband services in Sabah and Sarawak – leveraging on the revamped Mandatory Standards of Access Pricing framework. Maxis is the largest broadband access seeker, with access agreements inked with Telekom Malaysia (TM), Sacofa, and Celcom Timur. Digi also recently inked fibre backhaul and inter-region submarine connectivity agreements with TM, which allows the company to strengthen its fixed and mobile broadband offerings in the two states.
We expect the telco infrastructure and service providers – such as OCK Group and Redtone – to also benefit from the allocations. This is given the demand for additional cell sites for coverage in rural areas, capacity demands, and potentially greater 5G spending in the medium to longer term.
The industry is still awaiting further clarity on mobile spectrum allocations, which should have a bearing on the level of capex spending to meet NFCP obligations and for 5G rollout. The Malaysian Communications & Multimedia Commission plans to assign 5G spectrum in 1H20, with the spectrum to come into effect from Jul 2020


Redtone benefits from NFCP but not NETX, i dint find any budget strategy mention about NETX.
so I don't think NEXT will go up on Monday.

Redtone will fly if not now maybe later. 1.00 will easily touch.

Posted by aikinlai > 2019-10-13 11:35 | Report Abuse

Malaysia famous with Sell on news...

Posted by calvintaneng > 2019-10-13 13:10 | Report Abuse

Posted by sammj101286 > Oct 13, 2019 11:38 AM | Report Abuse

Calvintan
This is the right time for you to defend yourself before the market opens tomorrow..
If Netx is doing good... We will be convinced.
If you are sure about Netx.. This is the time to blast your opponents

Appear.. Appear in front of we all who have been following.


CALVIN REPLIES:

CALVIN IS NOW VERY VERY HAPPY FOR ALL WHO LISTENED EARLY AND BOUGHT NETX AT 1 SEN & 1.5 SEN

CALVIN GOING TO PARK MORE BUYS AT 1.5 SEN & IF 2 SEN BEING TAKEN IN LARGE NUMBER THEN CALVIN WILL NOT HESITATE TO BUY MORE AT 2 SEN

THERE ARE 3 STAGES FOR NETX TO REACH 8 SEN

STAGE ONE (ALREADY DONE ON BUDGET DAY)

ANNOUNCEMENT OF NFCP RM21.6 BILLIONS
THIS IS NOW A REALITY!! FINANCE MINISTER LIM GUAN ENG ALREADY ANNOUNCED IT OFFICIALLY ON BUDGET DAY


STAGE TWO

OFFICIAL NEWS OF JOB AWARD FROM TELEKOM, TELCOS OR ANY OTHER ENTITIES FOR NETX DIGITAL INFRAR INSTALLATION EXPERTISE

THIS IS ALREADY A GIVEN FOR 2 POWERFUL REASONS

1) NETX BEING THE NUMBER ONE INFRAR EXPERT FOR INSTALLATION OF DIGITAL INFRASTRUCTURE NETWORK (THEY ALEADY GOT LONG EXPERIENCE DOING CONTRACT FOR TELEKOM SINCE 2011)

2) ASIABIO ALREADY BEEN BUYING AND BUYING NETX SHARES BY 103 MILLLIONS (ABOUT 5%) ON AUGUST 23RD (5 DAYS BEFORE OFFICIAL MENTION BY MCMC MINISTER GOBIND OF RM21.6 BILLIONS FIBERISATION PROJECT)

SINCE THIS IS A PRIVATE-PUBLIC JV NETX DIRECTORS WOULD HAVE GOT THIS NEWS FROM GOVT DIRECTLY OR THROUGH TELEKOM MALAYSIA

THEY HAVE TO BE CONSULTED JUST LIKE ANY PRIVATE/PUBLIC COMPANIES INVOLVE IN THE DIGITAL BUSINESS (AT THE FOREFRONT ARE OPCOM, NETX, REDTONE, OCK & GPACKET)

SINCE THE INSIDERS/DIRECTORS GOT WIND OF THE NEWS FIRST THEY WERE THE FIRST MOVER BUYING 103 MILLION NETX SHARES FROM THE OPEN MARKET AT 1.5 SEN TO 2 SEN

PEOPLE OF GPACKET ALSO PRIVY TO THE NFCP NEWS. AND IT SPREAD TO SPOREAN FUND WHICH TOOK A SUBSTANTIAL POSITION IN GPACKET AS WELL

THIS CANNOT ESCAPE THE EAGLE EYE OF CALVIN TAN RESEARCH AS IT IS NOT DONE IN A CORNER

SUCH A HUGE MAMMOTH PROJECT OF A MONSTROUS RM21.6 BILLIONS FOR SO FEW DIGITAL LISTED FIRM = ALL WILL BE DOING ROARING BUSINESS GOING FORWARD

JUST USE YOUR BRAIN AND THINK VERY VERY VERY VERY VERY VERY VERY VERY VERY CAREFULLY!!!

WHO WILL GET THESE RM21.6 BILLIONS JOB AWARDS?

1) CERTAINLY NOT ALL THE REAL ESTATE COMPANIES

2) NOT FURNITURE MAUNFACTURERS

3) NONE OF THE PLANTATION COMPANIES

4) NO GLC COMPANIES OWNED BY GOVERNMENTS

5) NO WATER UTILITY COMPANIES

6) NO POWER OR SOLAR POWER COMPANIES

7) NO REITS

8) NO BANKS

9) NO ELECTRICAL & ELECTRONIC COMPANIES

10) NO HARD DISK DRIVE OR SSD MAKERS

11) NO STEEL COMPANIES

12) NO CEMENT COMPANIES

13) NO CONTRUCTION COMPANIES

14) NO AIRLINES

15) NO SHIPPING COMPANIES

16) NO CONSUMER FOOD MANUFACTURERS

17) NO CLOTHES MANUFACTURER

18) NO OIL AND GAS OR OGSE

19) NO TOURISM RELATED COMPANIES

20) WHO THEN WILL BE GETTING THE RM21.6 BILLIONS FIBERISATION JOBS?

ANSWER: OPCOM, NETX & REDTONE, OCK & GPACKET

BEST WILL BE OPCOM THE NUMBER ONE CHAMPION

FOLLOWED BY NETX THE CHAMPION DIGITAL INFRAR SPECIALIST

SPECIALIST??

YESSS!!!

WHO WILL SINGAPORE SEND FOR OLYMPIC GAMES ONCE IN 4 YEARS?

SCHOOLING OF COURSE!! HE WON OLYMPIC GOLD MEDAL FOR SINGAPORE

AND WHO WILL MALAYSIA SEND TO REPRESENT MALAYSIA FOR BADMINTON?

DATUK LEE CHONG WEI OF COURSE!!

DATUK LEE IS THE EXPERT FOR BADMINTON!!

SO WHO IS THE SPECIALIST FOR DOING DIGITAL INFRASTRUCTURE??

Posted by Johnchew5 > 2019-10-13 13:38 |

Post removed.Why?

Posted by cicakman > 2019-10-13 13:39 | Report Abuse

What news??
Bdget of 21.6 billions is not news.
The news is who will be getting the share of it.
If NO news you loose,if got news you win?
You are here bcz you loose money or make money?

Posted by Johnchew5 > 2019-10-13 13:39 |

Post removed.Why?

Posted by thinkfirst > 2019-10-13 13:58 | Report Abuse

Redtone will start move slowly until news out, may touch 60 cents next week. So far no any news and still long way to go. For me holding this share will bring big money. Tomorrow maybe up or pull back depending investor understand about Redtone future. Only from my view.

Posted by bargadcapital > 2019-10-13 14:16 |

Post removed.Why?

Posted by unclelimhuat > 2019-10-13 20:27 | Report Abuse

stay tuned!!!

Posted by calvintaneng > 2019-10-13 21:42 | Report Abuse

REDtone, opcom and netx are 3 super bull stocks for fiberisation just like carimin, Dayang and penergy were 3 super bull stocks for ogse

Only difference is this

OGSE at tail end of boom and too high to chase

Nfcp still go long long way to go up up up

Verdict is to buy Nfcp fiberisation stocks now before they, too, all fly away!!

Posted by Huat1 > 2019-10-14 06:52 | Report Abuse

REDTONE explosive growth...going to be one of the superstar performer this year

Posted by ggbingo > 2019-10-14 07:37 | Report Abuse

What is the limited up price for redtone? Is it 0.875???

Posted by calvintaneng > 2019-10-14 08:56 | Report Abuse

Redtone turning red hot!

Posted by speakup > 2019-10-14 08:58 | Report Abuse

speakup Q buy 59 100k
see can get or not

Posted by speakup > 2019-10-14 09:30 | Report Abuse

100k at 59 done
now wait for VT to push!

Posted by speakup > 2019-10-14 09:30 | Report Abuse

c'mon guys, follow speakup buy!

Posted by speakup > 2019-10-14 09:30 | Report Abuse

58.5 now.
if u buy, u buy half sen cheaper than speakup

Posted by stockorstok > 2019-10-14 09:41 | Report Abuse

@speakup lol whats your motive

Posted by hng33 > 2019-10-14 09:48 | Report Abuse

sold back at 58.5sen

Posted by Woodswater > 2019-10-14 09:51 | Report Abuse

Unclelimhuat
No more fucuspoint 0157 since Dato' cashed out 15% to Pnb?

Posted by cicakman > 2019-10-14 09:57 | Report Abuse

CONTRA TERM NOT ALLOWED.
Long term players can wait.

Posted by calvintaneng > 2019-10-14 10:07 | Report Abuse

Redtone

Anything below 60 sen collect

Posted by speakup > 2019-10-14 10:09 | Report Abuse

calvin is right. <60 just grab.
speakup buy 100k at 59. buy too early, should have waited a bit

Posted by speakup > 2019-10-14 10:10 | Report Abuse

dont follow hng
follow calvin

Posted by ck2201 > 2019-10-14 10:13 | Report Abuse

:) swim swim swim.....

Posted by speakup > 2019-10-14 10:17 | Report Abuse

operator getting ready for next push up

Posted by bargadcapital > 2019-10-14 10:20 |

Post removed.Why?

Posted by thinkfirst > 2019-10-14 10:25 | Report Abuse

This counter will bring big money if you can hold, long way to go. RM TP 1.00 maybe end of the year.

Posted by speakup > 2019-10-14 10:33 | Report Abuse

that why speakup buy 59 sen no scared

Posted by ck2201 > 2019-10-14 10:37 | Report Abuse

sofa :)