See the results in proper context.. profit could have been so much higher if not for impairment & main board transfer expenses.. cash also increased 50%.. revenue is at record high. The price is correcting bcos of knee-jerk reaction & investors did not look at the details. See this as an opportunity to grab at low price.
REDtone named the winner of 2023 The Edge Malaysia Centurion Club & Corporate Awards for the "HIGHEST RETURN ON EQUITY OVER 3 YEARS" in the sector of Telecommunications.
Chart-wise, Redtone is still trending near the bottom of the downtrend channel, but it has since rebounded to form a double bottom. This could potentially signal change of trend. Watch out closely in the next few days.
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....
SLLEE5732
201 posts
Posted by SLLEE5732 > 1 month ago | Report Abuse
If everything goes according their plans next year is REDTONE glory years