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

bbc99

417 posts

Posted by bbc99 > 2021-11-09 12:34 | Report Abuse

The foudamental hasn't changed, but people already in panic because vt sold, and the price keep pushing down. U fear, u panic and decided to....Hahaha typical human instinct.

bbc99

417 posts

Posted by bbc99 > 2021-11-09 12:37 | Report Abuse

Fear and greed, fear and greed, fear and greed. Are you one of them

ahbah

6,236 posts

Posted by ahbah > 2021-11-09 12:41 | Report Abuse

I oredi kena teruk, after fear, kena teruk.

Posted by damansaraeagle > 2021-11-09 12:52 | Report Abuse

Fear and run away, courage and stay. Fear and run further away. Courage getting smaller and smaller. Today go down , without reading the fundamental ,thought die already. If brave enough top up lah

kevcha66

119 posts

Posted by kevcha66 > 2021-11-09 12:57 | Report Abuse

paper loss la. just keep

Davidl

1,816 posts

Posted by Davidl > 2021-11-09 14:23 | Report Abuse

Patiently wait for de price to drop below 50cts. & starts accumulate.

Posted by lovelife888 > 2021-11-09 15:08 | Report Abuse

Dun know when is the bottom....

B4b4

7,593 posts

Posted by B4b4 > 2021-11-09 15:29 | Report Abuse

5G is redtone and redtone is 5G

Stockhunter88

2,031 posts

Posted by Stockhunter88 > 2021-11-09 15:30 | Report Abuse

500 in, aim for 575, 475 CL

SLLEE5732

363 posts

Posted by SLLEE5732 > 2021-11-09 16:09 | Report Abuse

VT hold how many percent I redtone??

SLLEE5732

363 posts

Posted by SLLEE5732 > 2021-11-09 16:10 | Report Abuse

in redtone

B4b4

7,593 posts

Posted by B4b4 > 2021-11-09 16:52 | Report Abuse

VT, holding almost 50%, sir

B4b4

7,593 posts

Posted by B4b4 > 2021-11-09 16:54 | Report Abuse

50.445%

Posted by damansaraeagle > 2021-11-09 17:42 | Report Abuse

Haiya aleady 0.485.... go down some more la vincent tan and geng . we know you are behind all this

SLLEE5732

363 posts

Posted by SLLEE5732 > 2021-11-09 21:44 | Report Abuse

KUALA LUMPUR (Nov 9): The Ministry of Communications and Multimedia (KKMM) will launch the country's first 5G network on Wednesday in a bid to provide faster internet facilities for the people.

Communications and Multimedia Minister Tan Sri Annuar Musa said the 5G roll-out is for Kuala Lumpur, Putrajaya and Cyberjaya for the first year before it is expanded in stages until it reaches 36% nationwide coverage.

"Next year, the 5G roll-out will be focused on densely populated states, including Penang, Selangor, Johor, Sabah and Sarawak," he told the media after presenting the Deepavali Rumah Prihatin aid to about 200 families at Rumah [email protected] Seasons, here, on Tuesday.

Annuar also witnessed the handover of 2,000 food baskets contributed by Shopee Malaysia to Rumah Prihatin to assist those in need and affected by the Covid-19 pandemic.

Annuar said the 5G service is a game changer for the economy of the future as it will enable the creation of job opportunities in various high-tech activities.

In addition, under the ongoing National Digital Network (JENDELA), Digital Economic Centres (PEDi) are set to be created to ensure the people have a platform to keep abreast of the latest digital technological developments or conduct businesses via e-commerce.

"All these must be capitalised by the people. That's why the ministry, through the Malaysia Digital Economy Corp, will also open PEDi in Rumah Prihatin here to train city folks to get involved in digital economic activities.

"This matches our goal of encouraging them to resume economic activities or income-generating programmes, in line with the country's transition towards the (Covid-19) endemic stage," he said.

SLLEE5732

363 posts

Posted by SLLEE5732 > 2021-11-09 22:19 | Report Abuse

KUALA LUMPUR (Nov 9): A total of 6.47 million premises in the country have been approved for fiberisation so far under the implementation of the National Digital Network Plan (JENDELA), according to Malaysian Communications and Multimedia Commission (MCMC) chairman Dr Fadhlullah Suhaimi Abdul Malek.

Speaking at the Invest Malaysia 2021 event held virtually on Tuesday (Nov 9), Dr Fadhlullah said the country's 4G coverage is currently close to 95% of the populated areas and the average mobile broadband speed is at 31 megabits per second (Mbps).

“The first phase of JENDELA is to improve coverage and we will then improve the quality of the services.

“We currently have a JENDELA map whereby individuals could then log in and tell us where exactly the quality of services is lower than expected,” Dr Fadhlullah elaborated.

He also shared that all states in Malaysia except for Selangor had adopted making broadband as a public utility and shared that the local governments had also adopted various procedural requirements to meet that requirement for all new developments.

“And in the last 14 months since the implementation of JENDELA, this has been taken on positively by the state governments at large,” he said.

In August last year, the government unveiled the RM21 billion JENDELA plan to steer Malaysia towards greater digital connectivity by boosting the efficiency of the national infrastructure and optimising spectrum usage.

The JENDELA action plan, which is part of the 12th Malaysia Plan (2021-2025), lays the foundation of comprehensive and high-quality broadband coverage as well as prepares the country for the transition towards 5G technology.

Posted by Serenevalley > 2021-11-10 01:15 | Report Abuse

Redtone is not Iris

Stockhunter88

2,031 posts

Posted by Stockhunter88 > 2021-11-10 09:33 | Report Abuse

Up

Posted by PositiveNews > 2021-11-10 09:36 | Report Abuse

Yup, looks like the sell off is over, now moving up probably for a good QR

VennesA

95 posts

Posted by VennesA > 2021-11-10 09:36 | Report Abuse

B4b4, next year after GE? :)

B4b4

7,593 posts

Posted by B4b4 > 2021-11-10 09:48 | Report Abuse

Tp RM 1

VennesA

95 posts

Posted by VennesA > 2021-11-10 10:24 | Report Abuse

Better put Tp at RM10 so that RM1 is achievable :)

Dangel

422 posts

Posted by Dangel > 2021-11-10 12:37 | Report Abuse

Rebound Day! More to go!

VennesA

95 posts

Posted by VennesA > 2021-11-10 12:42 | Report Abuse

If Tp 60 bottom will be 30 :)

Bright888

119 posts

Posted by Bright888 > 2021-11-10 14:03 | Report Abuse

Wah B4b4, serious ah RM 1

B4b4

7,593 posts

Posted by B4b4 > 2021-11-10 16:48 | Report Abuse

Tp RM 1, mid term

B4b4

7,593 posts

Posted by B4b4 > 2021-11-10 16:49 | Report Abuse

5G is the now thing. Everywhere you go.... 5G

jeremylin

231 posts

Posted by jeremylin > 2021-11-10 22:02 | Report Abuse

Mid term tp rm1, long term tp ?

B4b4

7,593 posts

Posted by B4b4 > 2021-11-11 08:45 | Report Abuse

U Mobile and Redtone...... 5G.......5G......5G........

B4b4

7,593 posts

Posted by B4b4 > 2021-11-11 09:48 | Report Abuse

RM 1....

Stockhunter88

2,031 posts

Posted by Stockhunter88 > 2021-11-11 10:16 | Report Abuse

Nampak tak permainan dia?

B4b4

7,593 posts

Posted by B4b4 > 2021-11-11 10:39 | Report Abuse

Berita baik..... Berita baik..... 5G......untuk semua rakyat.....

rajuselva

17 posts

Posted by rajuselva > 2021-11-11 11:04 | Report Abuse

Good growth prospects for telcos
WITH strong subscriber growth in fixed broadband, fixed-line players are expected to fare better than mobile operators in 2021, according to equity analysts.
UOB Kay Hian Research points out that third-quarter (Q3) fibre rollout had surpassed targets despite the lockdown, as the Jendela (National Digital Network) initiative delivered a third consecutive quarter of exceeded targets.
The research unit notes that key highlights at end-September 2021 included net additions of 378,000 quarter-on-quarter fibre broadband passes to 6.4 million and average mobile broadband speed at 31.34Mbps while 4G coverage is now at 94.03%.
“Encouragingly, the fibre broadband passes have reached 211.4% of Q3 2021 target of 179,013 net additions despite a tightened lockdown from June to August 2021.
“The regulator (Malaysian Communications and Multimedia Commission or MCMC) is confident of achieving 7.5 million fibre broadband passes ahead of its end-2022 timeline,” says UOB Kay Hian Research.
Also, the collaborative efforts among industry players in achieving higher household penetration continue to bode well for the fixed operators like Telekom Malaysia Bhd (TM) and TIME Dotcom Bhd.
With a wider fibre footprint, these companies would benefit from higher subscriber growth as evidenced in the first half of 2021.
UOB Kay Hian Research believes fixed broadband subscriber growth will continue to improve beyond the lockdown period.
This is because Malaysia’s fixed broadband household penetration remains relatively low compared to regional peers, although it has improved commendably to 39% in Q1 of 2021 (Q4 2020: 37.2%; Q1 2020: 35%).
Also, the research unit understands that the regulator remains focused on the fine balance between consumer affordability and investment returns for the telecommunication companies (telcos), and is satisfied with the price point of the current home broadband packages.
By accounting for 1% of the monthly gross national income per capita, the entry-level broadband package of RM79 to RM99 per month appears reasonable as connectivity is gradually becoming everyone’s basic necessity.
“The risk of heightened price competition could creep up with the new entrants in the home broadband space such as Astro Malaysia Holdings Bhd and Allo Technology Sdn Bhd.
“However, we believe the incumbents would still have the upper hand, given their accelerated efforts to expand fibre footprint, invest in network quality and enhance product attractiveness (such as bundling) for customer stickiness,” it says.
While the research unit expects 2021 sector earnings to grow 9% year-on-year to RM5.23bil, it also forecasts a seasonally weaker second half of the year.
This is predicated on weak consumer and business sentiment – likely to improve only in Q4 2021, TM’s continued voluntary separation scheme provision in Q3 2021, and typically higher operating expenditure for Axiata Group Bhd and TM towards Q4 2021, which will see the tail-end of 3G accelerated depreciation for Celcom.
UOB Kay Hian Research expects earnings growth for 2021 to be driven by a 9% year-on-year topline expansion from fixed-line players (including higher data centre revenue from Time) and 2% service revenue growth from the big three telcos.
Growth will also be driven by stable earnings before interest, taxes, depreciation and amortisation margin (EBITDA) and increased enterprise solution orderbook, particularly for TM¸ which is likely to materialise in Q4 2021.
The research unit maintains its “market weight” rating on the telecommunications sector and its top picks are TM for its good growth prospects and Axiata for its depressed valuation and it being a proxy for regional reopening plays.

rajuselva

17 posts

Posted by rajuselva > 2021-11-11 11:05 | Report Abuse

RHB Research also maintains its “overweight” rating on the sector, with its preferred picks being TM, Axiata and OCK Group Bhd.
“We continue to like fixed line and integrated players, given the stronger catalysts arising from the government’s connectivity agenda and the lower competitive risks versus mobile plays,” says the research unit.
It notes that of the fibre additions in Q3 2021, TM surpassed its quarterly target by 287%, followed by Celcom Timur (180%) and Maxis Bhd (105%).
Time’s rollout fell short at 44% on prohibitions enforced on site installations at multi-dwelling units during the movement control order (MCO 3.0).
Meanwhile, 67 new 4G sites were added in Q3 2021, or 3% ahead of target, with Digi.com Bhd, Maxis and U Mobile Sdn Bhd attaining 100%, 106% and 108% of their initial targets, respectively. This brought year-to-date new site builds to 148.
Celcom did not build any new 4G sites in Q3.
RHB Research expects the gap to narrow with the population target of 96.9% set to be achieved by the second half of 2022.
On 3G shutdown, the telcos are on track to migrate 77% of 3G subscribers (1.6 million) to 4G by the end of this year, with the remainder (2G fall-back) to be migrated in 2022.
“In addition to the earlier fast-tracking of 5G rollout to end-December 2021, the provision of satellite connectivity in 839 areas – to improve mobile coverage in remote areas – has also been moved to phase one from phase two,” says the research unit.
“We gather that 12 of 14 states are awaiting their respective gazettes into by-laws, which paves the way for communications services to be made a public utility.
“The regulator also stated that the long-awaited Jendela phase one tender outcome, which involves the construction of 1,661 new 4G sites nationwide, is slated to be announced by month’s end,” adds RHB Research.
Meanwhile, TA Securities Research views the investment case for the local telecommunications sector being reinforced by Malaysia’s imminent 5G rollout.
TA Securities Research points out that while 5G rollout is still in its infancy, it has been brought to the forefront with increased digitalisation during the pandemic, underscoring the importance of fast, reliable and ubiquitous connectivity.
“We view the major telcos including Maxis, Celcom, Digi, TM and Time as beneficiaries of accelerating digitalisation by small and medium enterprises, corporates and the public sector,” says the research unit.
Beyond basic mobile and fixed connectivity solutions, those based on more advanced technologies like artificial intelligence (AI), cloud and Internet of things (IoT) are now more prevalent across their digital portfolios.
And in solidifying their expertise, telcos have also forged partnerships with industry leaders.
“For instance, Maxis is partnering Amazon Web Services to offer public cloud solutions and Cisco to offer managed Software-Defined Wide Area Network, Celcom is collaborating with Microsoft for Celcom Cloud Suite, its enterprise-class cloud service, which focuses on Infrastructure as a Service and Platform as a Service.
“Meanwhile, Digi is providing cloud-based enterprise resource planning solution by Oracle NetSuite while TM’s collaboration with Huawei allows it to offer full cloud capabilities as a core offering,” notes TA Securities Research.
The research unit is positive about the efforts and targets that Axiata, Maxis and Digi have in place to capture opportunities from enterprises amid the trend of accelerating digitalisation and the emerging disruptive technologies.
For Axiata, it has targets for enterprise contributions to the group growing by three times from 7% in 2019 to 20% in 2024 via organic and inorganic means.
Maxis, as part of its strategy to be Malaysia’s leading converged solutions provider which targets group service revenue at RM10bil by 2023, seeks to double down on the enterprise segment and is positioning itself as the preferred digitalisation partner for Malaysian businesses with SMEs in focus.
Digi has near-term targets to grow its business-to-business (B2B) revenue by 33% from 2020 to 2023.
TA Securities Research also likes TM for its role in Malaysia’s agenda to accelerate 5G rollout via its extensive nationwide fibre network of over 600,000km and its appointment as a cloud service provider to support the public sector’s cloud transformation plan as per MyDigital.

wafryer

192 posts

Posted by wafryer > 2021-11-11 12:37 | Report Abuse

dividend 几时出?

hantamking

2,509 posts

Posted by hantamking > 2021-11-11 13:10 | Report Abuse

Why always focus tan haahhaha
Still have alot of share holder

U buy shorterm contra sure GG

Legend

4,119 posts

Posted by Legend > 2021-11-11 14:00 |

Post removed.Why?

Loh Kok Wai W

3,717 posts

Posted by Loh Kok Wai W > 2021-11-11 22:00 | Report Abuse

5 G...means 5 Goals...like Liverpool shoot 5 goals to M U....5---0....hahaha.

156563

1,475 posts

Posted by 156563 > 2021-11-12 01:39 | Report Abuse

明天插水底了 没看新闻嗎?
5g政府取消了

B4b4

7,593 posts

Posted by B4b4 > 2021-11-12 07:50 | Report Abuse

RM 1........... Then it will fly north

Bright888

119 posts

Posted by Bright888 > 2021-11-12 08:00 | Report Abuse

Redtone is a high growth tech and telco company. No worry B4b4. Already the top 2 well known shareholders owned 67% shares. Furthermore, Manulife Investment Funds has 3.06% shares and Deutsche Funds has 1.04% shares. Hopefully, EPF will come on board since Redtone offers very attractive dividend.

sadforvivo

172 posts

Posted by sadforvivo > 2021-11-12 10:53 | Report Abuse

Why keep on dropping?

Bright888

119 posts

Posted by Bright888 > 2021-11-12 11:53 | Report Abuse

Redtone has given out good dividend this year and last year despite bad times due to covid. Thanks B4b4, I bought some for keeping

Dangel

422 posts

Posted by Dangel > 2021-11-12 13:07 | Report Abuse

Looking forward to grab it at price below 0.45

kevcha66

119 posts

Posted by kevcha66 > 2021-11-12 13:33 | Report Abuse

wait for it to drop more

KW0203

100 posts

Posted by KW0203 > 2021-11-12 15:48 | Report Abuse

Typical VT style, he seems like love to mentally torture people. I swear after Redtone, will not touch VT account anymore in future.

hantamking

2,509 posts

Posted by hantamking > 2021-11-14 13:14 | Report Abuse

U will touch again for sure when price is flying

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