0032 REDTONE | Malaysia

REDTONE INTERNATIONAL BHD

RM 0.355 on: 2021-01-21

-1.39% Past 1-day return
-2.74% Past 5-day return

5G Telecommunications


Price/Valuation Analysis
Current Price Status
  • Stock is Shooting to the Moon

    Stock is over-priced on the upper end by the market with the expectation of annual earning growth at 50.55% to match current price.

    Stock in booming mode can be traded very volatile, price can swing largely day-to-day. While having big upside potential, the downside risk can be huge if the stock is not meeting the market expectation.

  • Company is in Positive Earning
Fair Value
  • REDTONE current price is 14.52% above OneDelta estimated fair value.
  • The fair value is estimated via OneDelta proprietary model that updated daily basis based on stock fundamental and specific industry relative marco outlook. It can be assessed as stock potential upside range or the stock true value price in case of downside.

Relative Price Performance
  • Underperformed
    REDTONE past 5-day return lagged behind the Telecommunications industry average return by 1.99%
  • Above 30-Day Average
    Current price RM0.355 is above than 30-day average RM0.35 by 1.4%

Return (%) REDTONE Telecommunications
1-Day-1.39% -0.56%
5-Day-2.74% -0.75%
30-Day-2.74% +1.99%
Bank Analyst Price Targets
No recent bank analyst price target available yet
Revenue & Earning Growth Analysis
  • High Volatile Revenue Growth

    REDTONE experienced high unstable ups & downs on revenue growth for past 4 quarters with average 31% range on both sides.

  • Unstable Profit Growth

    REDTONE has been experiencing substantial ups and downs on profit growth.


Past Quarter Reports
Quarter Date Revenue (RM) (%) EPS (RM) (%)
2020-09-30 36,203k -8% 0.0073 0%
2020-06-30 39,317k +5% -0.0104 0%
2020-03-31 37,557k -15% 0.0014 -81%
2019-12-31 44,126k -22% 0.0074 -30%
2019-09-30 56,906k +75% 0.0105 +25%
Volume Trend Analysis
  • Recent Volume is Increasing

    Surge in trading volume tends to bring more price volatility in near term.

  • Low Volume/Liquidity Stock

    Only RM122k worth of stock was traded for this stock past month. Low liquidity stock is danger for price manipulation and more difficult to sell at market price.

  • REDTONE recent daily traded volume is 54.55% higher than past month average.

Past 30-Day Past 5-Day
11k daily17k daily
Financials
Price History Chart
Past 30-day Average Price: RM0.35
Stock Fundamental Factors

Fundamental factor characteristics help us understand and expect how the stock price will behave in short and long term.

Stock Thematic Baskets

Usually the more the stock is included in popular themes, the more opportunity for price-driven momentum and better liquidity.

Market News & Investor Opinions
Stock Company Profile
REDTONE INTERNATIONAL BHD

REDtone International Bhd. is an investment holding company which engages in the provision of management services. It operates through the following segments: Telecommunications Services, Managed Telecommunications Network Services, and Industry Digital Services. The company was founded in 1996 and is headquartered in Puchong, Malaysia.