REDTONE DIGITAL BERHAD

KLSE (MYR): REDTONE (0032)

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Last Price

0.685

Today's Change

+0.005 (0.74%)

Day's Change

0.68 - 0.69

Trading Volume

537,100

Overview

Market Cap

536 Million

NOSH

782 Million

Avg Volume (4 weeks)

1,260,990

4 Weeks Range

0.63 - 0.69

4 Weeks Price Volatility (%)

91.67%

52 Weeks Range

0.44 - 0.755

52 Weeks Price Volatility (%)

77.78%

Previous Close

0.685

Open

0.68

Bid

0.68 x 132,700

Ask

0.685 x 54,200

Day's Range

0.68 - 0.69

Trading Volume

537,100

Financial Highlight

Latest Quarter | Ann. Date

30-Jun-2023 [#4] | 24-Aug-2023

Next QR | Est. Ann. Date

30-Sep-2023 | 17-Nov-2023

T4Q P/E | EY

8.81 | 11.35%

T4Q DY | Payout %

3.61% | 31.76%

T4Q NAPS | P/NAPS

0.33 | 2.08

T4Q NP Margin | ROE

26.79% | 23.66%

Market Buzz
Company Profile

Sector: TELECOMMUNICATIONS & MEDIA

Sector: TELECOMMUNICATIONS & MEDIA

Subsector: TELECOMMUNICATIONS SERVICE PROVIDERS

Subsector: TELECOMMUNICATIONS SERVICE PROVIDERS

Description:

REDtone International Bhd is a digital infrastructure and services provider that offers services under three categories that are Telecommunications Services which offers data and voice services to government, enterprises, and small and medium enterprises (SMEs), Managed Telecommunications Network Services (MTNS) which includes building, maintaining and operating large scale WiFi hotspots, radio access network (RAN) infrastructure and fibre optic infrastructure, and Industry Digital Services (IDS) which includes data centre services, internet of things (IoT) services, cloud services and applications, and healthcare solutions to enterprises, government and the healthcare industry. The company?s Telecom services generate maximum revenue for the company.

Discussions
23 people like this. Showing 50 of 13,986 comments

M55555

Sure good. No worry.

1 month ago

sohaitrader

just hold and add more ...

1 month ago

cwc1981

Hi guys anyone heard any rumours Redtone going to launch IPTV service?

1 month ago

SLLEE5732

Cheap sales before QR out
Managed to get some at 0.66

1 month ago

M55555

Ya, i also don't understand , after holding so long why sell now . QR no good ? Probably NO

1 month ago

M55555

Anyway . Thanks.. manage to top up some 0.66. Was trying hard to get 0.655 but cannot get

1 month ago

cwc1981

Ok lo. I rugi lei. I bought 0.69

1 month ago

SLLEE5732

Big guys wanna to squeeze everyone balls so who's can TAHAN is the winner
Just hold for two more days before QR out

1 month ago

cwc1981

Ok I trust you

1 month ago

SLLEE5732

"


BREAKING NEWS
Amirudin takes oath as Selangor MB for second term
Amirudin takes oath as Selangor MB for second term



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U Mobile IPO depends on Singapore shareholders
U Mobile IPO depends on Singapore shareholders

Kuala Lumpur , 17/06/2019 - from left Deputy Director General, acting Director General, Department of Polytecgnic and Community College Education, ministry of Education Malaysia Dr. Mohammad Naim Yaakub, Chief Strategy Office of Naza Group Azrul Reza Aziz, Deputy Secretary General, Ministry of Education Dato Kamel Mohamad, Chief Executive Officer Berjaya Corporation Berhad Dato Sri Robin Tan Yeong Ching, Advisor Manufacturing and Operation Top Glove Corporation Berhad Dato Dr Ingenieur (IR) Andy Seo, Managing Director, Marketing & Sales and Business Development Tropicana Corporation Berhad Ms. Ung Lay Ting pose to photographer during certificate of collaboration signing ceremony between Ministry of Education and Industry partners at Berjaya Times Square Hotel.Credit to TMR / Pic by Arif Kartono
Thursday, July 18th, 2019 at Markets | News

U Mobile has more than 6m subscribers and the numbers are growing following an aggressive marketing campaign

by SHAHEERA AZNAM SHAH / pic by ARIF KARTONO

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BERJAYA Corp Bhd (BCorp) still plans to list its telecommunications arm, U Mobile Sdn Bhd, but any decision will primarily depend on its telecommunications shareholders — including those from Singapore.


BCorp CEO Datuk Seri Robin Tan Yeong Ching said the timeline for the corporate exercise will largely depend on the shareholders.

“We still want to…but it can only happen when all the partners in U Mobile, including (those) in Singapore, give the green light,” he said at the signing ceremony of a certificate of collaboration between the Ministry of Education (MoE) and Top Glove Corp Bhd, Tropicana Corp Bhd, Naza Group and BCorp in Kuala Lumpur yesterday.


Last year, BCorp founder and executive chairman Tan Sri Vincent Tan Chee Yioun said he is mulling to pursue a capital raising exercise through an initial public offering (IPO) for U Mobile, latest by 2020.

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The plan was announced alongside his other plans — which are taking convenience store chain operator 7-Eleven Malaysia Holdings Bhd and property and hotel business Berjaya Land Bhd private, while listing the latter in Singapore Exchange Ltd.

U Mobile is the country’s fourthlargest mobile cellular service provider. Its investors have poured in more than RM5 billion over the years and any listing could happen if the valuation exceeds the amount that had been invested into the company.

It was reported that U Mobile has more than six million subscribers and the numbers are growing following an aggressive marketing campaign.

Straits Mobile Investments Pte Ltd is the largest shareholder in U Mobile. Launched in 2007, U Mobile has eaten into the market share of the Big Three in the industry and has been spending to improve its coverage.

However, a U Mobile listing would be difficult as the local capital market continues to be depressed amid the absence of major IPOs for capital raising.

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On a separate note, MoE deputy secretary general for strategic planning Datuk Kamel Mohamad said the ruling to establish a commission for Technical and Vocational Education and Training (TVET) will be presented to the Cabinet at the end of this month.

“The Cabinet has agreed to review the proposal to establish a commission specifically for TVET that will empower the training programme and (it is) to be chaired by the education minister.


“The committee which looks at TVET empowerment is still doing its job as the minister will be presenting the findings and memorandum to the Cabinet by the end of this month,” he said.

However, he said at present, the party who will be in charge of coordinating the commission — which will involve several ministries — has yet to be decided.

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1 month ago

SLLEE5732

If everything goes according their plans next year is REDTONE glory years

1 month ago

KiasiPu

Highest revenue and highest dividend records

4 weeks ago

M55555

No need to spend to buy expensive stock . 60++ cents also can get 2.5 cents DIV

4 weeks ago

cwc1981

Good wor

4 weeks ago

SLLEE5732

Tomorrow gonna fly up again
1) Dividend
2) Bonus issue
3)???

3 weeks ago

SLLEE5732

Now BIG Guys just follow the momentum sentiment loads more stocks before too late

3 weeks ago

ITreeinvestor

One off Spectrum impairment 5.086m & main market transfer fees 3.118m.
Core net profit = 20 millions

NetCash increased 50% in Y2023: 193 millions from Y2022: 128 millions

3 weeks ago

cwc1981

Wah cash suddenly double already

3 weeks ago

cwc1981

So rich

3 weeks ago

stockraiders

Nicely forming a symmetrical triangle pattern. Lets watch out if it is ready to breakout or drop out next week.

3 weeks ago

jojo85

No hope in this stock for now..TP 60cents...kikiki

3 weeks ago

sohaitrader

every time redtone Fly higher after some one came out said no hope or call for 60sen..

3 weeks ago

lotuseater

that's the problem when there r people out there who talks without basis and has a crystal ball in front of him/her.

3 weeks ago

sohaitrader

ya .. Kiki .... sound like a child ... investor should be more mature ..

3 weeks ago

jojo85

Qr drop n there is no catalyst for now. 60c sounds fair enough..investor should be mature before condemn someone else..kikiki

3 weeks ago

lotuseater

u expect QR to increase every quarter? ... shows how mature u r.. kikiki

3 weeks ago

lotuseater

dont mind if drop to 60c, can buy more.. kikiki

3 weeks ago

4dking777

waiting at 60sen too....

3 weeks ago

jojo85

Kikiki

3 weeks ago

Cockcroach

Collected 0.65 n 0.655

3 weeks ago

jojo85

Lipas, Why did you buy it now when you could have gotten it 10% lower?"

3 weeks ago

lotuseater

How sure it will drop to 60sen?

3 weeks ago

lotuseater

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.

3 weeks ago

Cockcroach

Its pattern always rebound after touching 0.64/0.645

3 weeks ago

KiasiPu

Below 70c is opportunity to accumulate.

3 weeks ago

Penang_lang

Anwar as PM was praised by Sultan Johor but why Redtone down?

3 weeks ago

sohaitrader

wahbiang cant reach 60sen leh .. aiya tak ada chance beli kat 60sen sakit hati ..

2 weeks ago

jojo85

Still waiting at 60c..oledi got some profit from awantec, econbhd, ect...my capital not sangkut in this counter...kikiki

2 weeks ago

orion_star

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.

2 weeks ago

bobettose

reward also cannot push up redtone

2 weeks ago

speakup

Means Edge give award to the wrong company lor. Redtone dont deserve it lor.

2 weeks ago

lotuseater

If this is not talking rubbish, I don’t what is. U expect instant impact?

2 weeks ago

sohaitrader

aiya speakup dont come back lar hahaha

2 weeks ago

stockraiders

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.

2 weeks ago

4dking777

Redtone actually holding strong, awaiting another uptrend

2 weeks ago

sohaitrader

REDtone... it only fly high when others stock are in Red ... haha

2 weeks ago

sohaitrader

redtone 67sen come back is Real ! those said it will slowly drop to 60sen all bullshit haha

1 week ago

Donator

good profit and good dividend...sure will up to RM1.00

6 days ago

bobettose

How to fly? Teach me please

1 day ago

speakup

Any body hear anything?

1 day ago

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