REDTONE DIGITAL BERHAD

KLSE (MYR): REDTONE (0032)

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Last Price

0.975

Today's Change

-0.025 (2.50%)

Day's Change

0.97 - 0.99

Trading Volume

882,800


25 people like this.

14,228 comment(s). Last comment by Goodwill5 1 week ago

Mikecyc

46,651 posts

Posted by Mikecyc > 2020-06-03 22:05 | Report Abuse

Altel, a subsidiary of Tan Sri Syed Mokhtar's Puncak Semangat, was awarded the most amount of spectrum in the 2.6GHz band to deploy 4G services by MCMC in late 2012

Mikecyc

46,651 posts

Posted by Mikecyc > 2020-06-03 22:07 | Report Abuse

Redtone flexicraft in IDS is only 1.6 % of total revenue.

calvintaneng

56,542 posts

Posted by calvintaneng > 2020-06-03 22:18 | Report Abuse

Redtone was 1.6% then with only 2 customers in ioi and paramount

That was then

Now got more than 20 customers including Ntuc Fair Price chain of 150 supermarkets in Singapore

So revenue has jumped to 16%? And growing strong

Mikecyc

46,651 posts

Posted by Mikecyc > 2020-06-03 22:25 |

Post removed.Why?

Mikecyc

46,651 posts

Posted by Mikecyc > 2020-06-03 22:25 |

Post removed.Why?

Mikecyc

46,651 posts

Posted by Mikecyc > 2020-06-03 22:27 | Report Abuse

Revenue for 3Q , 9 months ended 31/3/2020 :

Telecommunication services = 59,880,000

MTNS = 76,380,000

IDS = 2,329,000

Results : year to date , 9 months ended 31/3/2020:

Telecommunication services: profit = RM 19,595,000

MTNS : profit = RM 8,886,000

IDS : Loss = RM (1,374,000 )
___________

# Q3 : Jan to March 2020 :

Telecommunication services = 19,546,000

MTNS = 17,132,000

IDS = 879,000

# Q2: Oct to Dec 2019 :

Telecommunication services = 20,174,000

MTNS = 23,351,000

IDS = 601,000

# Q1 : July to Sept 2019 :

Telecommunication services = 20,160,000

MTNS = 35,897,000

IDS = 849,000

>>>>>

MTNS and IDS revenue are decreasing comparing Q2 to Q1 .

6 months Profit/Loss generated from segments:

Telecommunications services, profit RM 15.134 million

MTNS , Profit RM 6.736 million.

IDS , Loss ( RM 1.107 million ) .

calvintaneng

56,542 posts

Posted by calvintaneng > 2020-06-04 06:57 | Report Abuse

Redtone already showed fantastic turnaround in Cash in its latest qtr report

Cash position is now 25% of share price

Plus the cancelling of mcmc award for altel and 4 other telcos augur well for redtone

Both redtone and Umobile are in the tender when Gobin Singh From was in charge

So there is now hope of securing further Nfcp jobs by either Umobile or redtone

If Umobile gets job like in nfcp1 redtone will also benefit

Another good job is the customers of Flexicraft has increased by 2 to 20

Redtone management is both creative and proactive

Flexicraft has been a good venture. More so as Mco caused lock down and companies now market it's product online thru flexicraft

And even in MCO lock down redtone I'd able to collect debt of Rm39.3 millions

One more very good point is the completion of interest payment for loan stock

Now loan stocks being converted fully to mother share we can expect redtone to pay a higher future dividend

All the favourable factors are now supporting redtone

makemoney1

291 posts

Posted by makemoney1 > 2020-06-04 08:10 | Report Abuse

Anywhere I go, @mikecyc always paint a negative picture.

Posted by ahmadyasni > 2020-06-04 17:39 | Report Abuse

will keep this stock for awhile..

Roy 8

340 posts

Posted by Roy 8 > 2020-06-05 09:49 | Report Abuse

Good prospect. Just buy and wait patiently. Big ang pow will come!

TheSecret

658 posts

Posted by TheSecret > 2020-06-05 10:27 | Report Abuse

I like big Ang Paw

TheSecret

658 posts

Posted by TheSecret > 2020-06-05 11:17 | Report Abuse

Wait and see 3pm got any good news from PM.

Hui_k_c

78 posts

Posted by Hui_k_c > 2020-06-05 11:46 | Report Abuse

Redtone has no NFCP project how to have big ang paw. today up to 0.45 i will sell to take profit

stncws

10,707 posts

Posted by stncws > 2020-06-05 12:36 | Report Abuse

just in.....43.5

stncws

10,707 posts

Posted by stncws > 2020-06-05 12:57 | Report Abuse

REDTONE IS JEWERLY OF RHB 20TOP PICK..S

Mikecyc

46,651 posts

Posted by Mikecyc > 2020-06-06 11:21 |

Post removed.Why?

Tom

2,984 posts

Posted by Tom > 2020-06-06 13:06 | Report Abuse

Typical sohai mindset....lol

Posted by Mikecyc > Jun 6, 2020 11:21 AM | Report Abuse


Telco troubles

* TELCOS
* Saturday, 06 Jun 2020 

But speaking to the StarBizWeek, Communications and Multimedia Minister Datuk Saifuddin Abdullah explains that perhaps 5G is not the priority now.
“For now, the main focus is not on 5G. I am not saying that 5G is not important. But I don’t think the priority is to roll out 5G now. The priority is to make full use of the 3G and the 4G (networks) and ensure full connectivity because that is what is required, ” he says.

“Is 5G important? Yes. Are we going to roll out? Yes. Are we going to use all our resources to roll out today? No. Because today, what is important is to make full use of whatever broadband that we have – fixed and what not, and we are also looking at satellite technology. So we really have to go full gear in ensuring connectivity. That is our first priority, ” he adds,

stncws

10,707 posts

Posted by stncws > 2020-06-06 13:34 | Report Abuse

Tom,
mickey mouse has been socai for long time.

lau9639

467 posts

Posted by lau9639 > 2020-06-07 16:53 | Report Abuse

PM just announced Recovery MCO, almost all sectors open for business, this is good news! Couple with US DJ and oil price spikes high, Tuesday all shares will spike high including Redtone, More good news follows!

BearishTrend

1,296 posts

Posted by BearishTrend > 2020-06-07 21:27 | Report Abuse

Gap up tuesday 50cts

stncws

10,707 posts

Posted by stncws > 2020-06-09 11:20 | Report Abuse

absorbing @ 0.425 strong resistance...
good entry 0.425

stncws

10,707 posts

Posted by stncws > 2020-06-09 14:41 | Report Abuse

.430 good price enter...

abosrbing all..

binacom rebound

Contract shd be coming

MFCP !

satha44

1,749 posts

Posted by satha44 > 2020-06-09 22:44 | Report Abuse

Tomorrow

Mikecyc

46,651 posts

Posted by Mikecyc > 2020-06-10 05:30 |

Post removed.Why?

Mikecyc

46,651 posts

Posted by Mikecyc > 2020-06-10 05:31 |

Post removed.Why?

Mikecyc

46,651 posts

Posted by Mikecyc > 2020-06-10 05:32 |

Post removed.Why?

Mikecyc

46,651 posts

Posted by Mikecyc > 2020-06-10 05:33 | Report Abuse

Who are these :

calvin / TheSecret / TheCatalyst/ Bagancapital/ Tony

stncws

10,707 posts

Posted by stncws > 2020-06-10 10:37 | Report Abuse

binacom, redtone,opcome

possible spike up soon !

stncws

10,707 posts

Posted by stncws > 2020-06-10 12:23 | Report Abuse

tp 50c...


resistance 43.5 all eaten

TheSecret

658 posts

Posted by TheSecret > 2020-06-10 14:29 | Report Abuse

I am who I am

TheSecret

658 posts

Posted by TheSecret > 2020-06-10 14:31 | Report Abuse

Redtone supporter, today seems got some movement for redtone. Hope all the best to redtone holder.

Hui_k_c

78 posts

Posted by Hui_k_c > 2020-06-10 15:36 | Report Abuse

how far can redtone goes

TheSecret

658 posts

Posted by TheSecret > 2020-06-10 16:46 | Report Abuse

Average price target 0.6, provided by i3, haha.

satha44

1,749 posts

Posted by satha44 > 2020-06-10 22:18 | Report Abuse

Nasdaq at record high....tech stock flying..

newbie9893

2,366 posts

Posted by newbie9893 > 2020-06-11 06:31 | Report Abuse

The Nasdaq Composite topped the 10,000 milestone for the first time in history. All eyes on tech stock this morning, no more gloves counters.
Time to sapu Redtone this morning..go...go..go

Posted by ladybird517 > 2020-06-11 23:20 | Report Abuse

No more go go go
Market adjustment
Tomorrow Super red wave come

TicTac

5 posts

Posted by TicTac > 2020-06-12 09:24 | Report Abuse

Really can buy more for redtone?

TheSecret

658 posts

Posted by TheSecret > 2020-06-12 09:46 | Report Abuse

Even Dow drop lot, redtone still OK, boleh tahan.

Posted by JohnVinson > 2020-06-12 21:16 | Report Abuse

Maintain consortium approach for 5G spectrum allocation
by BERNAMA/ pic by MUHD AMIN NAHARUL

THE government and regulator should maintain the original consortium approach when it comes to spectrum allocation of the much-awaited national 5G network, according to the National Tech Association of Malaysia’s think tank arm, Future Digital.

Future Digital chairman Ganesh Kumar Bangah said this approach would be the most obvious path considering the massive investments involved, should the country proceed with 5G.

“That said, my view is that Malaysia is in a Catch-22 or ‘chicken and egg’ situation, or a metaphor: You need money to make more money.

“For a start, investment in building 5G infrastructure could run into billions of ringgit, depending on how wide and extensive the coverage is,” he told Bernama.

To recap, on May 15, the Communications and Multimedia Ministry had awarded the 5G telecommunications spectrum to five telecommunication companies (telcos). However, the ministry decided to cancel the order on June 3, which left the telcos back to the drawing board.

The distribution would have otherwise been by blocks of 2x10MHz each to Celcom Axiata Bhd, DiGi Telecommunications Sdn Bhd and Maxis Broadband Sdn Bhd, while Telekom Malaysia Bhd and Altel Communications Sdn Bhd would receive 2x5MHz each.

When it comes to investments, Ganesh, who is also the founder and executive chairman of Commerce.Asia Group of Co, said developed economies might have the economy of scale to invest in 5G infrastructures as factors to be considered include GDP, population and how big the “bet” they would like to make on 5G.

“Does Malaysia have the population and industries which would embrace 5G technologies in its fullest capacity? It goes back to the justification of whether the investment in 5G would benefit or drain the country,” he said.

Catch-22: Is it ‘Nice to Have’ or a ‘Must Have’ for Malaysia?

One of Malaysia’s major appeals to foreign investors is the country’s robust physical infrastructure such as highways connecting all major cities.

He said if implemented, 5G would also add to the list of attractive infrastructures for foreign investors.

“However, do we build and hope they will come? No, the smart move would be to have the appropriate government policies — not just on 5G — but additional policies to attract foreign companies into investing in Malaysia,” he said.

Ganesh said most telcos were still dependent on 4G and he noted that their 4G assets have not depreciated even though 5G is very much touted.

In conclusion, he said whether 5G is implemented in Malaysia in the near future goes back to whether the huge investment justifies potential benefits for the country.

5G: A Game Changer for Biz
The technology would undoubtedly revolutionise businesses in Malaysia, more so with the application of latest technologies involving artificial intelligence, machine learning, computing edge and internet-of-things.

The Covid-19 pandemic has brought to light the importance of e-commerce as global governments impose lockdown policies to contain the virus, which subsequently also changing consumer behaviour, proven by the growing trend of online transactions.

“In view of the acceleration that Covid-19 has given to the booming e-commerce industry, the segment will be further revolutionised with 5G as it will be able to make the shopping process more experiential by providing 3D images of the product, for example.

“Experiential E-Commerce could put the final nail in the coffin for traditional e-commerce,” he added.

123eztrade

642 posts

Posted by 123eztrade > 2020-06-12 21:28 | Report Abuse

technical chart is showing more downside

speakup

27,012 posts

Posted by speakup > 2020-06-12 21:59 | Report Abuse

seem like redtone got a similar product to green packet Kiple Live
https://www.redtone.com/#bodytempearturescanner

speakup

27,012 posts

Posted by speakup > 2020-06-12 22:00 | Report Abuse

how come newspapers never cover this redtone product? only cover green packet Kiple Live

Woodswater

3,778 posts

Posted by Woodswater > 2020-06-13 13:17 | Report Abuse

speakup how come newspapers never cover this redtone product? only cover green packet Kiple Live

Otherwise who will b Chritopher Columbus?
Tx 4 info!
Wakakakaka

Solomon7

370 posts

Posted by Solomon7 > 2020-06-13 14:15 | Report Abuse

Temperature scanner - interesting. Maybe it can ride on the covid 19 bandwagon.

Posted by ladybird517 > 2020-06-13 17:23 | Report Abuse

Happy trade for those who managed entered below 40sen strong push up from 38.. even now 41 also consider ok for those who wanna keep this jewel for Mid-long term.. just wait those 5G/tech/Fiberisation related good news release..

Mikecyc

46,651 posts

Posted by Mikecyc > 2020-06-13 19:06 | Report Abuse

RH Group ventured into the ICT field in 1995. Spearheading the venture is COMSERV (Sarawak) Sdn Bhd, a pioneer ICT company in Sarawak. As early as 1986, it was awarded the biggest IT project ever undertaken by the Sarawak State Government then to provide integrated software for survey, mapping, title registration and revenue collection systems for the Department of Lands & Surveys, Sarawak.

In 1989, COMSERV was appointed by IBM Malaysia as their System Remarketer for the sales and support of IBM midrange computers. It marks the beginning of new initiative to focus its IT expertise on certain strategic products. In 1990s more product representations followed: authorised Microsoft Solution Provider, Oracle Authorised system Integrator, IBM Business Partner for IBM AS/400 and RS/6000, COMPAQ dealer etc.

Building on its early strength and pool of experienced and talented IT personnel, COMSERV has grown into a leading integrated ICT group in Sarawak.

stncws

10,707 posts

Posted by stncws > 2020-06-14 14:22 | Report Abuse

look downtrend a bit..continue hold

BULLT4I

3 posts

Posted by BULLT4I > 2020-06-14 16:33 | Report Abuse

https://www.facebook.com/redtonemalaysia/videos/264844974770740/
REDtone body temperature scanner

Posted by TAIYOONGHOU > 2020-06-15 12:51 | Report Abuse

0.395 ,will only in
when it drops to 0.30

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