May I know wat lesson can opcom offer besides goreng? 75m market cap many r qualified to b operator. Besides, what's so great about a company with 5 consecutive lost maKing Qr?
what's great about netx? 9 consecutive lost Qr. the latest only has 33k revenue. non in ur list worth a look except redtone n binacom. Cmsb is value play with v challenging n uneasy future outlook.
correct. digital gov. digital commence. digital education. digitizing the country is the 2nd priority after putting bread n butter on the dining table.
This is a fundamental solid company. Not only that Redtone is potential growth in coming years. Profit for 2019 stood at RM 22,495,000 with EPS 2.91 sen. In 2019 the company paid 1 sen dividend.
As of 6 months for FY 2020 the company already make profit of RM 15,077,000 with EPS 1.79 sen.
Going forward the company have the potential for growth because the government already moving toward digital economy due to the virus had changed the way we live. Many company and organization will be very depending on the internet and IT technology.
This a very good tech company in Bursa for which it making good profit, net cash position and some more paid dividend for the shareholder. Plus potential for growth.
There is an interesting finding where the company had made share buy back at average price paid 0.595 per share and total amount of RM 5,653,000 held in the Treasury Share as of 31st Dec 2019. Now the price 0.43 is still very cheap.
Tengku Zafrul said the government is formulating a long-term strategy that would encompass measures to safeguard the country’s economic, nature and social thrusts with digital technology playing an important role in ensuring the country’s sustainability and competitiveness in the future.
The Finance Minister Malaysia already in his mind of implementing digital technology. The government will spend money to improve the IT infrastructure in Malaysia and Redtone will benefit from it.
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....
monetary
4,447 posts
Posted by monetary > 2020-04-23 12:22 | Report Abuse
so? how is it going to affect redtone?