What's happening?

Lucky for that small miscommunication on RHB. Its now down to 65.5c - 66.0c.

Meanwhile, the market is just looking terrible, so not much to be done. REDTONE continues its slide downwards. Quarterly report just out with flat growth due to increased competition on the local front and impact of foreign ventures in Pakistan, Indonesia and China not coming in yet. I honestly dont understand whats wrong with this stock. Its got all the good things going for it, such as:

1. Good overseas expansion story

2. Its recent take-up of a huge block of shares in GPACKET under a private placement at time of IPO has effectively TRIPLED from 0.55 to 1.77 (at time of writing). There must be a book investment gain of at least RM50-RM60 million there now just from May 2005 alone.

Oh yeah, bought another 5,000 NAMFATT at 0.415...

*sigh* ...