Sold Redtone - 23 April 2014

Redtone just released its 3rd quarter earnings today.  In a nutshell, nothing spectacular and in fact, I'm rather disappointed with the latest two quarter earnings.  Hence, I felt the current stock price is fully valued and has little room to further move upwards.   Therefore, I have sold all my remaining Redtone stocks at 0.77.  My average entry price back in early 2013 was 0.40.  My gross profit for this transaction is 93%.   Earlier, I sold Redtone at 0.74.  Adios Redtone and thank you for the great profit.

Sold Redtone - 31 October 2013

Once again, I apologize for not posting this earlier.  I have sold half of my Redtone @ 0.74.  As my average entry price is 0.405, this gives me a gross profit of 82.72%.  Redtone is one of my most profitable counter in 2013.

Received Redtone Dividend - 31 October 2013

I apologize for my late post on this one.  I received my non-taxable Redtone dividend, of 1.5cents per share on 31 October 2013.  Dividends in recent quarters is not as much as before as I have sold off quite a number of holdings, leaving very few counters in my portfolio.

Nonetheless, this is a welcoming dividend.

Bought more Redtone - 21 January 2013

It's been a long while since we last saw a steep dive in KLCI.  It was very unfortunate for me to make a purchase right before the huge dive.  News media are reporting that the huge dive is mainly caused by uncertainty in the coming general election, which is slated to be around Feb or Mar.

Seeing the huge discount in some of the counters in my watchlist, I decided to top up Redtone @ 0.40.  This is the time which many have been waiting for.

I will continue to collect more in phases if market continue to drop.  Based on historical data, one may be looking at a correction of 10-15% from the high of 1700.

Bought more Redtone - 7 January 2013

Just accumulated more Redtone @ 0.405 and I'm seeing stronger interest in the stock in anticipation of a better quarter release in mid January.

Bought Redtone - 3 January 2013

In all the excitement today, I almost forgot to post that I have bought Redtone @ 0.40 in the last trading hour of today, 3rd January.  Redtone has its financial improve significantly and constant major shareholders accumulation is a good sign that Redtone is poised to perform better in coming quarters.