ggbingo, these 2 companies have some of the same majority shareholders; Vincent Tan, Sultan of Johor, and Berjaya Group. Redtone is now a subsidiary of Bjcorp and it receives many jobs and contracts from U Mobile and Berjaya companies. Redtone is public listed (Second board) while the other is seeking listing.
Singapore mkt small. US Market ,how to compete? Bursa, takes time,buisness need to move foward. Want part of 5G 21.6 billions then do buisness elsewhere No meaning at all..
When you think it is low,it goes lower. When you think it is high,it goes up higher.
The RSI since October until yesterday maintained at 70. On 14th it was 74. price was at peak.Next traded day price went down but RSI was 82.It indicated a buy but of cause after that price bit slightly up and down 55 to 56.5 due to contrarian take profit.
So far as per yesterday closing uptrend still intact,RSI 74. and NO change in price.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Huat1
2,509 posts
Posted by Huat1 > 2019-10-16 20:16 | Report Abuse
Talk is cheap without supporting evidence