Posted by Mikecyc > 2020-03-19 21:50 | Report Abuse

Still got budget ? As budget 2020 is referenced to oil price 62 , today is 28 is badly affected.More budget needed for Covid-19 .

Posted by Mikecyc > 2020-03-20 07:34 | Report Abuse

NFCP1 which awarded with Project cost RM 290 million to :

152 sites , 3G and 4 G , 30 mbps

Part 1 : Tower : Edotco 75 % , FGV Prodata
25 % .

Part 2 : Last mile - retail service providers : Maxis 67 % , U mobile 33 % .

Redtone did not get the award .

Posted by Mikecyc > 2020-03-20 07:37 | Report Abuse

Let see NFCP2 still 3G and 4G cover more places which tender submission dateline by March 2020 will be delay or not ??

Posted by monetary > 2020-03-20 08:17 | Report Abuse

Calvin. silent. u have shared enuf.

Posted by monetary > 2020-03-20 08:19 | Report Abuse

U need lower price to avg down.

Posted by hasmah > 2020-03-20 09:56 | Report Abuse

klci bottom rebound soon...accumulate cheap prices..

Posted by Woodswater > 2020-03-20 11:58 | Report Abuse

https://klse.i3investor.com/m/blog/kianweiaritcles/2020-03-18-story-h1484920573-Fujifilm_shares_soar_after_China_backs_drug_to_treat_virus.jsp

Posted by Woodswater > 2020-03-20 12:28 | Report Abuse

https://www.tm.com.my/DoingBusinessWithTM/pages/notices.aspx?Year=2020

https://www.theedgemarkets.com/article/muhyiddin-briefs-sultan-johor-covid19

Posted by Claire Newcastle > 2020-03-20 13:24 | Report Abuse

greentone

Posted by monetary > 2020-03-20 14:27 | Report Abuse

Binacom free floate is v low so the share price movement more vibrant. Besides, nfcp1 part2 maxis has hgher share than u mobile. So ppl tends to chase binacom. I think U Mobil will have higher share in Nfcp2 which involves Sabah Sarawak. At tat time perhaps trading of redtone will catch up with binacom.

Posted by monetary > 2020-03-20 14:42 | Report Abuse

Celcom has strong presence in Sabah Sarawak. A frumer who is insider once told me ock does installation, commissioning n maintenance jobs for celcom. Perhaps celcom will get some shares in nfcp2?

Posted by Mikecyc > 2020-03-20 15:15 |

Post removed.Why?

Posted by Mikecyc > 2020-03-20 15:16 | Report Abuse

NFCP 2 tender submission dateline is March2020 , let’s see any delay and result ?

Posted by Mikecyc > 2020-03-20 15:19 |

Post removed.Why?

Posted by monetary > 2020-03-20 19:16 | Report Abuse

l like nfcp. unlike others goreng 1x cabut nfcp got episode 1 to 6. it's beef stew not grille steak.

Posted by Philip ( Write To Me If You Need Help) > 2020-03-21 12:31 | Report Abuse

The early warning shots of NETX at 0.005 is here. Latest news from national newspapers as government struggles to divert resources to healthcare and social services. NFCP put on indefinite hold. Only payment for phase 1 and phase 2 OCT 2020 RFP tender canceled until due notice.

So... now what Mr Calvin Tan Eng Yee? You said got tender. Please explain further. Government expanding resources to healthcare and military instead with their 50 billion allocation.

So.. without NFCP what does NETX have in its future?

>>>>>>>>

https://oilprice.com/Energy/Energy-General/Russia-Wont-Blink-First-In-...

Oil price has dropped to USD 22 per barrel. As demand and supply world wide plummet.

Oh no.

>>>>>>>>>>>

Government has started putting major projects on hold which is unnecessary to daily public and national importance.

Malaysia is looking at a shortfall of more than 58 billion ringgit for the allocation of public works due to cancellation of GST and shortfall from O&G revenue income.

NCFP project has been put on hold at all major states except Kelantan, Terrenganu, Sabah & Sarawak. Revision of packages to drop from 30 mb/s to 15mb/s speeds in rural locations.

Read more here:

>>>>>>

Posted by monetary > 2020-03-21 13:58 | Report Abuse

Philip. I appreciate if u can share the source that can provide concrete conclusion but not 'may be''. Assuming ur claims r correct the following will b the revised scope of work for Redtone n Binacom n Ock.

NFCP1 152 sites

NFCP2
Kelantan (cluster 6 & 7) 34sites
Sabah (cluster 11 to 16) 115sites
Sarawak (cluster 17 to 27) 185sites
Trengganu (cluster 16 & 18) 34sites
Sub total sites for nfcp2 368sites

Total sites for nfcp 1&2 520sites (original plan 652)

It's still hard to digest. As ur claim of revision of internet speed from 30mb/s to 15mb/s, can u advice how it will affect Redtone n Binacom scope of works? Pls advice.

Posted by monetary > 2020-03-21 14:20 | Report Abuse

Philip. If u study nfcp1 award carefully u can observe out of 152 sites only 5 sites r fiberised at achieve 30mb/s. I opien the revised 15mb/s from 30mb/s as u claimed won't affect Redtone n binacom too much IF what u claimed is true.

Posted by monetary > 2020-03-21 14:25 | Report Abuse

Philip. I m ok wit u. Appreciate ur inputs. It will reinforce my understanding of my investment.

Posted by monetary > 2020-03-21 14:30 | Report Abuse

For me it's good not to carry out the plan too aggressively. Otherwise a lot of sub contracting needed to meet deadlines. That in fact reduces profits. For the time being nfcp1&2 at internet speed of 15mb/s is ok. The test can come a yr or 2 later.

Posted by monetary > 2020-03-21 14:57 | Report Abuse

This is from binacom lastest Qr

Utilisation of Proceeds Raised from Public Issue

Enhancing fiber optic network installation and commissioning services capability
Timeframe : Within 36 months
Proposed amt: 4.8mil
Percent utilised: 1.17%

Only 1.17% fund utilised? Is it ready for nfcp3?

Posted by monetary > 2020-03-21 15:08 | Report Abuse

Calvin. whatever we say Mon all stocks will retrace. believers can collect. non believers can sell. Philip. I will b glad if u can give more concrete input so tat ur reputation among i3 members won't b jeapordised. I always enjoy reading ur research.

Posted by Stncwsss > 2020-03-21 15:10 | Report Abuse

Monday 0.12

Posted by Philip ( Write To Me If You Need Help) > 2020-03-22 10:07 | Report Abuse

Don't worry, redtone even without NFCP is a profitable company with many good departments. On the other hand I'm quite sure NETX cannot survive the tsunami without NFCP orders or speculations.

>>>>>>>>>>

Posted by monetary > Mar 21, 2020 3:08 PM | Report Abuse

Calvin. whatever we say Mon all stocks will retrace. believers can collect. non believers can sell. Philip. I will b glad if u can give more concrete input so tat ur reputation among i3 members won't b jeapordised. I always enjoy reading ur research.

Posted by Woodswater > 2020-03-22 12:44 | Report Abuse

https://finance.yahoo.com/news/china-stimulate-private-investment-accelerate-082339052.html

The best way to boost further up GDP during lock down is infrastructure 5g
Wakakakaka

Posted by Mikecyc > 2020-03-22 14:23 |

Post removed.Why?

Posted by Mikecyc > 2020-03-22 14:28 | Report Abuse

Refer to Q2 FY20 report ended Dec2019 :

PPE = 21 million

Trade receivable = 116 million

Trade receivable as at June2019 = 35 million

Trade Payable = 70.4 million

Trade Payable as at June 2019 = 62.9 million

In just 6 months , trade receivable is increase by 81 million , where as Trade Payable is increase by 7.5 million .

A big big order with very huge profit margin of 10 times in just 6 months ???

Posted by onlyhuat888 > 2020-03-22 17:20 | Report Abuse

1G after 2G after 3G after 4G have skip the generation ?

Posted by onlyhuat888 > 2020-03-22 17:20 | Report Abuse

when redtone red red red we collect ...what mean generation ??? 5G in the world will forward...

Posted by onlyhuat888 > 2020-03-22 17:25 | Report Abuse

every country quarantine import and export reduce 90% will hit the labor market, Oil prices drop many commodities and material drop...In this time is a good chance many country will do big infrastructure to create jobs to make people have jobs have income for alive...

Posted by monetary > 2020-03-22 17:38 | Report Abuse

sohai. trade receivable increases at higher rate than trade payable doesn't mean v high profit margin. It means redtone offers longer credit term which is normal when dealing with gov job. On the other hand, redtone manages to pay it's creditors up to date. Can u read cash flow statement?

If u don't know, ASK. Don't BARK.

Posted by monetary > 2020-03-22 17:44 | Report Abuse

U must b the 3rd MOF after nibita & cimb ceo. U have power to announce delay? Nfcp 2 only cost around 960mil while other projects 10s of billion. Small investment huge return. So most unlikely to delay. Alright. U can continue to cycle in ur brain. Pusing pusing pusing.......

Posted by monetary > 2020-03-22 17:47 | Report Abuse

In fact nfcp isn't a big thing. The good thing is not many can do so less mouth share the not so big cake. Besides, take a look at the share base of redtone n binacom. Small income alrdy boost eps kaw2. Ok. Enuf lesson for u. U can continue cycling in ur brain.

Posted by Mikecyc > 2020-03-22 20:29 |

Post removed.Why?

Posted by Mikecyc > 2020-03-22 20:31 |

Post removed.Why?

Posted by Mikecyc > 2020-03-22 22:03 |

Post removed.Why?

Posted by Mikecyc > 2020-03-22 22:04 | Report Abuse

No margin of safety , NTA RM 0.224 ..

Posted by Mikecyc > 2020-03-22 22:28 | Report Abuse

Calvin do you know what is the associated Revenue? You even can’t read where is the PPE and Share invested amount in Netx .

Posted by Mikecyc > 2020-03-22 23:31 |

Post removed.Why?

Posted by Mikecyc > 2020-03-23 01:20 |

Post removed.Why?

Posted by Mikecyc > 2020-03-23 01:21 | Report Abuse

ED is resigned...

Type of Board Committee Remuneration Committee
Date of change 26 Aug 2019
Salutation MR
Name HO MENG
Age 60
Gender Male
Nationality Malaysia
Type of change Resignation
Designation Member of Remuneration Committee
Directorate Executive

Date of change 24 Oct 2019
Name MR HO MENG
Age 60
Gender Male
Nationality Malaysia
Designation Executive Director
Directorate Executive
Type of change Resignation
Reason Resignation upon retirement from employment.

Posted by Mikecyc > 2020-03-23 01:22 | Report Abuse

CEO is keep selling shares in 2019 and resigned as remuneration committee:

Type of Board Committee Remuneration Committee
Date of change 26 Aug 2019
Salutation MR
Name LAU BIK SOON
Age 49
Gender Male
Nationality Malaysia
Type of change Resignation
Designation Member of Remuneration Committee
Directorate Executive

Posted by Mikecyc > 2020-03-23 07:25 | Report Abuse

Calvin do not know the associated Revenue link with the huge Profit ? Don’t know Ask ....

Posted by Mikecyc > 2020-03-23 07:27 | Report Abuse

Wah why ED and CEO are resigned of the Remuneration Committee at the same time 26/9/2020 ?

Posted by monetary > 2020-03-23 07:52 | Report Abuse

Ok. Mr pusing pusing bicycle. U have scared away weak holders. 9am u can start buying bellow 20c. I will b buying too.

Posted by monetary > 2020-03-23 07:59 | Report Abuse

If u know ppl in TM u can also get some low skill job. Just get a 3ton lorry n hire a few foreign passport holders who have done similar works. Redtone, binacom or TM technicians n engineers don't korek lobang tanam cable. Kikiki.... Can u submit a design n proposal to mcmc?

Posted by mf > 2020-03-23 08:03 | Report Abuse

By Stephanie Kelly

NEW YORK (Reuters) - Oil prices fell more than $1 a barrel at the start of the trading session on Sunday, as more governments ordered lockdowns to curb the spread of the global coronavirus pandemic that has slashed the demand outlook for crude.

Brent crude (LCOc1) futures fell $1.84, or 6.8%, to $25.14 a barrel by 2215 GMT. West Texas Intermediate (WTI) crude (CLc1) futures fell $1.26, or 5.6%, to $21.37 a barrel.

Posted by monetary > 2020-03-23 08:08 | Report Abuse

o ya. go contact myeg. perhaps they know where to get these low skill workers.

Posted by monetary > 2020-03-23 08:21 | Report Abuse

Dow future limit down! SELL!!!

Posted by Woodswater > 2020-03-23 09:17 | Report Abuse

https://klse.i3investor.com/m/blog/kianweiaritcles/2020-03-22-story-h1485584592-New_controlled_clinical_study_conducted_by_doctors_in_France_shows_that.jsp