REDTONE DIGITAL BERHAD

KLSE (MYR): REDTONE (0032)

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Last Price

0.915

Today's Change

-0.01 (1.08%)

Day's Change

0.915 - 0.935

Trading Volume

431,700


25 people like this.

14,232 comment(s). Last comment by M55555 1 week ago

speakup

27,074 posts

Posted by speakup > 2019-11-15 09:10 | Report Abuse

big institution funds like EPF & PNB can start buying redtone when redtone is in Main Board
even big foreign funds can start buying redtone
now both cannot because redtone in Ace Board, their fund mandate prohibit them to invest in such companies

Up_down

4,346 posts

Posted by Up_down > 2019-11-15 09:13 | Report Abuse

No more cheap sales. why Redtone has moved up do fast in early morning?

speakup

27,074 posts

Posted by speakup > 2019-11-15 09:14 | Report Abuse

moving to Main Board loh

speakup

27,074 posts

Posted by speakup > 2019-11-15 09:16 | Report Abuse

redtone PE only 21x, compared to maxis 29x, digi 25x because redtone is Ace Board. that's why discounted
when redtone move to Main Board, this discount will be absorbed, and redtone will be trading around PE 23x 24x?

unclelimhuat

1,104 posts

Posted by unclelimhuat > 2019-11-15 09:16 | Report Abuse

let's sing a song~ when two become one~ UMobile RedTone~!!!

Posted by sammj101286 > 2019-11-15 09:18 | Report Abuse

2 yrs profitability to be moved to main board.. Then institutional investors can invest.

Good

Up_down

4,346 posts

Posted by Up_down > 2019-11-15 09:18 | Report Abuse

Speakup. PE is much lower if you exclude one off losses from Deconsolidation of subsidiary 2 quarters ago.

Westeros

835 posts

Posted by Westeros > 2019-11-15 09:18 | Report Abuse

Thank my good stars for for making me buy Redtone yesterday while it was down......Huat Lah

speakup

27,074 posts

Posted by speakup > 2019-11-15 09:18 | Report Abuse

UMobile injection is 2nd catalyst
but 1st catalyst is redtone must move Main Board first. Surely Sultan & VT wont be inject UMobile to Ace listed redtone, must be Main Board listed redtone

Maxam

900 posts

Posted by Maxam > 2019-11-15 09:21 | Report Abuse

Hopefully not one day show.

cicakman

7,835 posts

Posted by cicakman > 2019-11-15 09:24 | Report Abuse

Ooo...like that ka?

cicakman

7,835 posts

Posted by cicakman > 2019-11-15 09:28 | Report Abuse

1st catlyst FYR next week.
2nd big contract in Dec NFC
3rd will NY
4th next FYR
5th Transfer to Main Board.
6th UMobile
7th another FYR

sholuld follow sequence.

dmksn

686 posts

Posted by dmksn > 2019-11-15 09:35 | Report Abuse

Those panic sell, go hug your jaks and perdana, wzsatu. We are in a hype train here now.

Baron

30 posts

Posted by Baron > 2019-11-15 09:56 | Report Abuse

Last call....

cicakman

7,835 posts

Posted by cicakman > 2019-11-15 10:00 | Report Abuse

Maxam,focus to details,rsi was 22,today vol and price transaction,vol taded as 10am is high.FYR around the corner.Invest for at least medium term.
If cash is the king then buy and hold.

cicakman

7,835 posts

Posted by cicakman > 2019-11-15 10:04 | Report Abuse

Currently we are in the first stage up after kicking out panic and weak holder.Previously Daim visit and this week Teresa Visit ..

KW0203

100 posts

Posted by KW0203 > 2019-11-15 10:35 | Report Abuse

Same trick apply every quarter before result release.

unclelimhuat

1,104 posts

Posted by unclelimhuat > 2019-11-15 11:34 | Report Abuse

hint... 0.68 -> 0.86 -> RM1 above

cicakman

7,835 posts

Posted by cicakman > 2019-11-15 12:33 | Report Abuse

0.75 cts coming.

calvintaneng

56,707 posts

Posted by calvintaneng > 2019-11-15 12:49 | Report Abuse

Redtone, Opcom and Netx

Top 3 holdings of Calvin for Nfcp fiberisation stocks

Go go redtone.

cicakman

7,835 posts

Posted by cicakman > 2019-11-15 14:27 | Report Abuse

Today" probability "56.5 to 57.5

unclelimhuat

1,104 posts

Posted by unclelimhuat > 2019-11-15 15:37 | Report Abuse

stay tuned!!!!

Rav

59 posts

Posted by Rav > 2019-11-15 16:53 | Report Abuse

yes i'm still staying tuned!!!!

cicakman

7,835 posts

Posted by cicakman > 2019-11-15 17:08 | Report Abuse

small finger disturbing..fuhhh...should be 0.55 cts

cicakman

7,835 posts

Posted by cicakman > 2019-11-15 17:09 | Report Abuse

Wait FYR then rocketman come.

moniekj

1,037 posts

Posted by moniekj > 2019-11-15 17:16 | Report Abuse

Calvin gor, Parkson worth to have a look base on its TA. Multi bagger in the making.

unclelimhuat

1,104 posts

Posted by unclelimhuat > 2019-11-16 09:44 | Report Abuse

Ericsson sees RM16b 5G revenue for telecoms service providers in Malaysia
Bernama
/
Bernama

November 13, 2019 16:00 pm +08

-A+A
KUALA LUMPUR (Nov 13): The total projected value of 5G-enabled digitalisation revenues in Malaysia will be approximately RM33 billion by 2030, and of this, up to RM16 billion or almost half can be addressed by telecoms service providers, said Ericsson in a report study.

It recently shared its '5G for business: a 2030 market compass' report, that analyses the 5G business opportunity coming from industrial digitalisation across 10 key industries.

With 5G deployments now being underway across most geographies, the report is based on a new iteration of its market research on how to realise the 5G industry digitalisation business potential.

“Viewed across the region of Southeast Asia and Oceania, the largest addressable value for telecom service providers in 2030 is expected in sectors like healthcare (US$9 billion), manufacturing (US$8 billion), energy & utilities (US$5 billion), and automotive (US$5 billion), followed by public safety (US$4 billion) and media & entertainment (US$4 billion)."

Head of Ericsson Malaysia, Sri Lanka and Bangladesh, Todd Ashton, says the introduction of 5G will further boost the digitalisation and growth of new industrial sectors and revenue streams.

“Ericsson has been in Malaysia for over 50 years. We want to reiterate our commitment to Malaysia as the country gets ready for its 5G journey.

“We will continue to work with our partners both from the industry and academia, the Malaysian Government and other key stakeholders to bring our world-leading technology to Malaysia,” said Ashton.

Ericsson has played a leading role in rolling out 2G, 3G and 4G networks in Malaysia, and started working towards 5G in Malaysia as early as 2015.

Ericsson launched the country’s first Innovation Centre for 5G (IC5G), in partnership with Universiti Teknologi Malaysia.

In 2017, Ericsson partnered with Celcom to conduct the first 5G trial for Malaysia.

“This year we showcased the first 5G powered holographic communication in Malaysia and a 5G-enabled self-driving car, providing a glimpse into a future enabled by 5G,” said Ashton.

unclelimhuat

1,104 posts

Posted by unclelimhuat > 2019-11-16 09:44 | Report Abuse

stay tuned!!!

Posted by Armada An Quantum Leap Stock In 2019/2020 > 2019-11-16 10:02 | Report Abuse

So many sifu in here

unclelimhuat

1,104 posts

Posted by unclelimhuat > 2019-11-16 10:21 | Report Abuse

Eye On Stock - REDTONE International Bhd
BUSINESS
Saturday, 16 Nov 2019

REDTONE INTERNATIONAL BHD
image: https://cdn.thestar.com.my/Themes/img/chart.png

(stock code: 0032) sustained a rebound on Friday and looked set to return to a positive trend.

The stock gapped up at the opening bell with the onset of rapidly growing momentum. The share price met the short-term 14- and 21-day simple moving averages (SMA) and was on the verge of returning above a two-month positive trend line that had been formed between August and October this year. A bullish crossing of the said resistances would signal further gains for the stock, whose outlook has turned convincingly bullish.


Friday’s performance triggered a “buy” signal in the slow-stochastic momentum index as the percent K oscillator crossed higher than the percent D oscillator.

image: https://apicms.thestar.com.my/uploads/images/2019/11/16/389218.jpg

The index had fallen to oversold conditions prior to the reversal, which saw it rise to neutral territory at 26 points.

The 14-day relative strength index has also returned from oversold conditions, and is currently growing higher at 49 points.

The daily moving average convergence/divergence line remains in positive territory, suggesting that the decline was not enough to pull it into a negative trend. However, it remains below the signal line, a positive crossing of which would signal the resumption of bullish momentum.

Should the current pick-up in momentum be sustained on continued buying interest, the stock will be looking at a resistance of 61 sen, which represents its recent high.

A breach of this hurdle would signal the continuation of the ascending trend, while failure to do so could see the stock return to a consolidation channel.

To the lower end of the chart, the 50-day SMA is straddling a support level of 51 sen. A negative crossing of the support would suggest that sentiment for the stock has turned negative.

Further support can be found at 49.5 sen, which could offer a rebound before the 50-day moving average is convincingly breached.

The comments above do not represent a recommendation to buy or sell.

Read more at https://www.thestar.com.my/business/business-news/2019/11/16/eye-on-stock---redtone-international-bhd#qyFcAkfgSYUbu5j0.99

unclelimhuat

1,104 posts

Posted by unclelimhuat > 2019-11-17 15:52 | Report Abuse

will retry 0.61 coming week and once break then rocket to the moon!!! stay tuned!!!

Posted by Starbuckee > 2019-11-18 14:52 | Report Abuse

run! 0.545

Westeros

835 posts

Posted by Westeros > 2019-11-18 15:10 | Report Abuse

you run by yourself lah...tiu

Westeros

835 posts

Posted by Westeros > 2019-11-18 15:12 | Report Abuse

Yes Uncle Lim hoping for it to drop a lil more so that can buy more and average out lower...

Posted by sammj101286 > 2019-11-18 16:23 | Report Abuse

Fly

MrSun

36 posts

Posted by MrSun > 2019-11-18 16:33 | Report Abuse

Yeah..... let's stay tuned together and be seated in the rocket. Fly ahhhhhhhhhhh.....

cicakman

7,835 posts

Posted by cicakman > 2019-11-18 16:33 | Report Abuse

So can get 30 cts or 16 cts..poooraaa!

Posted by kniceguy94 > 2019-11-18 16:34 | Report Abuse

Nice!!!

Up_down

4,346 posts

Posted by Up_down > 2019-11-18 16:56 | Report Abuse

Back to uptrend mode. QR announcement this week?

kahsoon888

711 posts

Posted by kahsoon888 > 2019-11-18 16:57 | Report Abuse

This redtone main main

calvintaneng

56,707 posts

Posted by calvintaneng > 2019-11-18 17:09 | Report Abuse

Great rebound by Redtone

Later will turn red hot stock

unclelimhuat

1,104 posts

Posted by unclelimhuat > 2019-11-18 17:23 | Report Abuse

last chance for you guys to grab below 0.6x!!! count down!!!

Woodswater

3,783 posts

Posted by Woodswater > 2019-11-18 17:27 | Report Abuse

Later will turn red hot stock
18/11/2019 5:09 PM

Headache liao Calvin.
From Redtone to Greentone?
不三不四!
Wakakakaka

calvintaneng

56,707 posts

Posted by calvintaneng > 2019-11-18 18:40 | Report Abuse

Posted in Next Forum by calvintaneng > Nov 18, 2019 6:36 PM | Report Abuse X

Good

At least Molly Ngui clever to buy and made some money here

So many naysayers wasted so much time & energy trying to talk down Netx to half sen in futile effort

Now let Calvin tells you his experience from REAL LIFE

In years 2007 to 2008 I bought Opcom. After buying 10,000 shares Opcom at

Rm1.00 each for RM10,000 it crashed to my horror all the way to 30 sen

But knowing that Malaysia is in its infancy regarding fiber optic future I bought all the way down till I had a total of 400,000 shares with average price around 40 sen to 45 sen

Then Opcom rebounded to 40 sen, still below my buying price 45 sen (after averaging from 10 lots to 400 lots)

Suddenly one day Opcom jumped from 42 sen to 48 sen above my holding cost of 45 sen. So I got itchy and sold a little at 47 sen to 48 sen (I didn't know why Opcom spiked up)

Next day Opcom announced Rm359 Millions Job award from Telekom

See
Announcementhttp://www.bursamalaysia.com/market/listed-companies/company-announcem...
Subject Letter of Award for the Supply, Delivery, Training and Support Services of Passive FTTH System to Telekom Malaysia Berhad
Contents Introduction

The Board of Directors of Opcom Holdings Berhad ("the Company") wishes to announce that its subsidiary, Opcom Cables Sdn Bhd has on 21st April 2009 received a Letter of Award amounting to RM359 million from Telekom Malaysia Berhad ("Telekom") for the supply, delivery, training and support services of Passive FTTH System to Telekom for a period of two (2) years ("Award").

AT THIS NEWS OF JOB AWARD FROM TELEKOM OPCOM WENT LIMIT UP RIGHT BEFORE MY EYES FROM 48 SEN TO REACH 70 SEN AND THEN PEOPLE STARTED SELLING TO TAKE PROFIT

(SO CALLED EXPERT ADVISE (WRONG) BUY ON RUMOUR AND SELL ON NEWS)

SO I SOLD THE MAJORITY OF MY OPCOM SHARES FROM 70 SEN AS IT WEAKENED DOWN TO 63 SEN

OF COURSE I MADE GOOD MONEY IN OPCOM. BUT I SHOULD HAVE HELD ON FOR OPTIMAL GAIN

THEN OPCOM DECLARED A SPECIAL 22.5 SEN CASH PAYOUT

See

29-Aug-2011 14-Sep-2011 DIVIDEND Special Dividend RM 0.225

AT THE ASTOUNDING NEWS OF 22.5 SEN SPECIAL DIVIDEND OPCOM GONE LIMIT UP THE 2ND TIME TO CROSS RM1.00

SO TAKE CALVIN'S ADVISE

DON'T FOOL AROUND AND PLAY PLAY WITH NFCP FIBERISATION STOCKS LIKE OPCOM, NETX, REDTONE AND ALSO SACOFA (CMSB)

JUST BUY AND HOLD ON TO IT TIGHTLY COME WHAT MAY TILL JOB AWARD & FINAL RESULT OUT THEN ONLY SEE IF YOU WANT TO TAKE PROFIT OR STILL HOLD

KINDEST REGARDS

Calvin

sammj

200 posts

Posted by sammj > 2019-11-18 20:34 | Report Abuse

Calvintaneng:
{"DON'T FOOL AROUND AND PLAY PLAY WITH NFCP FIBERISATION STOCKS LIKE OPCOM, NETX, REDTONE AND ALSO SACOFA (CMSB)

JUST BUY AND HOLD ON TO IT TIGHTLY COME WHAT MAY TILL JOB AWARD & FINAL RESULT OUT THEN ONLY SEE IF YOU WANT TO TAKE PROFIT OR STILL HOLD}

Very sound and wise advice. THUMBS UP & THANKS

sammj

200 posts

Posted by sammj > 2019-11-18 20:46 | Report Abuse

unclelimhuat:(will retry 0.61 coming week and once break then rocket to the moon!!! stay tuned!!!)

THUMBS UP & THANKS

HOLD TIGHT GUYS

slts

2,236 posts

Posted by slts > 2019-11-19 15:11 | Report Abuse

not moving??

dmksn

686 posts

Posted by dmksn > 2019-11-19 15:12 | Report Abuse

+T2 well absorbed, tomorrow should go go higher

Westeros

835 posts

Posted by Westeros > 2019-11-19 15:42 | Report Abuse

Should have a new high by end of this week...

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