Redtone has no debts, plenty of cash, back by VT and Johor royal, every Q make money just by plain vanilla maintenance for MCMC, gibe dividend and now Jenjela Phase 1 and will be also participate in Phase 2. So what you want to pick ? Not many companies in Bursa is like this. You want try serbanik instead?
whatever financial parameters you look at, it's still reasonable on this price of say 68 cents. When a company no debts, that's the most important. They can sustain and thrive.
not profitable is wrong thinking by many ppl....i will still keep it since it profit every quarter and i think the profit will increase in future...and also can get dividend every year...
if you want play short term nothing wrong. but also keep some for long term as these kind of companies getting really rare. Those that have profits also have a lot of debts. Debts is the one that kills a company at any time.
one more before I forget... this counter is on ACE market. Don't you think it should be on Main Board ? and it will. So if you look for those hyper growth company that probably worth a lot more than it is today. Redtone has the potential and fit into that criteria. It will be a big boy. Yes Agro Tech etc all these are what government pushing, they have good relationship with government and that is good. They are proven in the eyes of the government agencies.
So like finding a unicorn startup, VC will tell you they may invest in 500 companies but the one that really give them a hyper return probably is 1-2 companies they invested in. Redtone fit that 1-2 criteria and of course its not a startup. Its making money and no debts unlike startup.
立通数字获MCMC委任 JENDELA服务供应商 2021年10月27日 立通数字(REDTONE,0032,创业板)宣布,获大马通讯及多媒体委员会(MCMC)委任为国家数字网络计划(JENDELA)的通用服务提供商, 闭市时,立通数字报69仙,起13.5仙或24.3%,成交量8515万4600股。 27th Oct, closed with Rm0.69, up 13.5 sen or 24.3%
Here you go, crystal clear so no confusion anymore :
213 site / 1661 = ~ 13% 13 % 4.6bil = 600mil Profit margin 30% 600x 0.3 = 180mil 180mil over 4 years = 45mil/ year net profit 45mil/750mil share outstanding = 6 cents EPS of 16 times (thats the min for conventional, hyper growth company is min 30x) 0.06 x 16 = 96 cents.
Now RD no Jendela project and how much they earned last financial year again ? The above calculation totally ignore thier current earning. Just the Jendela project itself ya. Also not talk abot agro tech, no umobilr, no VT, no Johor, no nothing. Plain Jendala only.
VennesA private sector project may be but government project is known to have profit margin 10000% ya so 30% is so conservative that they think you quote wrongly...
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....
JK22
1,789 posts
Posted by JK22 > 2021-10-28 08:13 | Report Abuse
already get project,why still questioning