majority of revenue and profit come from Telekom???hahahahahahahahaha...in your dream.. 19/02/2020 4:49 PM
YES I DREAMING REDTONE WILL REACH RM1.50
SEE WHAT i3 FORUM ADMIN WROTE
Business Background REDtone International Bhd is a digital infrastructure and services provider that offers services under three categories that are Telecommunications Services which offers data and voice services to government, enterprises, and small and medium enterprises (SMEs), Managed Telecommunications Network Services (MTNS) which includes building, maintaining and operating large scale WiFi hotspots, radio access network (RAN) infrastructure and fibre optic infrastructure, and Industry Digital Services (IDS) which includes data centre services, internet of things (IoT) services, cloud services and applications, and healthcare solutions to enterprises, government and the healthcare industry. The company’s Telecom services generate maximum revenue for the company.
Read again the last line
. The company’s Telecom services generate maximum revenue for the company.
hahahaha...did you read the businesses carefully ah?if you dont,pls read it again and again la,make sure you understand the most basic things before you start blogging and dont mislead people,why simply talk?you dont even understand what redtone really doing man!
Like an incoming wave stock prices move forward 3 feet then retrace backward 2 feet
The wave movements do not go in a straight line. So is stock prices.
During the Ogse bull run of Carimin, velesto, penergy, Uzma and Dayang prices moved up strongly and the retraced many times
But it moved higher and higher as Ogse job awards progressed
So these same patterns will be repeated in Nfcp bull run
The power behind how far and how high each individual stocks can go depend on
1. The quantum of job awards
2. The profit margin it can show up in its balance sheet
3. Any special incentive to shareholders management might dish out. In Carimin and Penergy are dividends while Dayang gave rights issue at attractive price
So these can be expected in Nfcp stocks in coming months and years as they garnered new found wealth...overflowing wealth from Nfcp jobs like never before
Traders who are nimble and Chun will do well. Greed and fear will always be in play
But since we have a very very favourable wind we should unfurl our sail and catch the bull run for as long as it lasts
generally a weak quarter..mainly due to lower work progress of MTNS business..the MTNS only registered RM24 million revenue and PBT of RM3 million..maybe due to year end holiday so slower work progress?or the board wish to dampen market sentiment to drive speculators away?well,look at price action tomorrow then we'll know.
the merit of the latest quarter would be PBT margin rebound q-on-q,from 10% last quarter to 13% in current quarter despite revenue drop..the is very important because very big portion of MTNS's cost was fixed cost..so when revenue drop normally means margin will drop even more..so the latest margin figure is indeed a surprise..i expect higher margin from MTNS business in the future when work progress normalized..supported by TIME 3 contract(estimated outstanding order:more than RM100 million) and NFCP related projects.
IDS and associate business continue to contain its losses..sri lanka project that worth RM130 million haven show its contribution yet..but i think it will start to make contribute in near term(FY2020).
in conclusion:the fundamental and prospect of redtone remain unchange,so my recommendation will remain the same,buy on weakness at below 50 cen level.cheers
If this Rm7 millions left as Cash then profit will be 0.7 + 1 sen = 1.7 sen this quarter profit which is close considered very good due to year end Oct, Nov and Dec 2019 quarter
Calvin thinks of the 5 Binacom , redtone , Opcom , cmsb and Netx ....redtone result is as good if not better than Cmsb
But Company has put more cash into ppe in view of Upcoming Fiberisation Job booster
One more very significant point is
Redtone has set aside Rm6 millions for being a
USP ( UNIVERSAL SERVICE PROVIDER)
THIS SHOWS THAT REDTONE WILL DEFINITELY PLAY A VERY CENTRAL POSITION IN THE RM50.3 BILLIONS FIBERISATION THRUST
I THINK AT 51.5 SEN AT 1.7 SEN PROFIT PER QTR . IT HAS A FORWARD P/E OF 7.57 OR AVERAGE 13.2% GROWTH RATE
THIS 51.5 SEN PRICE WITH SUCH GOOD POTENTIAL STILL AHEAD CONSTITUTES A BUY CALL
YES!!
CALVIN WILL BUY MORE REDTONE TOMORROW
MAY THE REST DON'T BUY PLEASE PLEASE WAIT BELOW 50 SEN PLEASE
calvin, ITS PPE OR PROPERTY PLANT & EQUIPMENT HAS INCREASED BY RM7 MILLIONS this is due to adoption of MFRS 16, does not seems like a “new” investment...
Mikecyc = jjchew = same person the story will be repeat & repeat & repeat later you all will feel tiredness ... some >> ZZZZZZZZ & some go to other forum you all will miss the Nfcp fiberisation theme cheap price when Nfcp power up will chases with higher price! Mr 3 & M will clip clip clip REMEMBER, REMEMBER, REMEMBER ! Sifu Calvin say buy low sell high buy Nfcp stocks Now, hold it tide you need patience and perseverance, patience and perseverance, patience and perseverance let Nfcp project influence the whole market, the researh, invest fund & others are well know it is time you get profit kaw kaw ! cheers!
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....
firerain
297 posts
Posted by firerain > 2020-02-19 16:49 | Report Abuse
majority of revenue and profit come from Telekom???hahahahahahahahaha...in your dream..