$REDTONE / 0032 (REDTONE INTERNATIONAL BERHAD) aims to get to RM1 bil within five years, eyes regional growth
https://cutt.ly/dw74cQI4
News appeared in edge, i thought he means rev reach RM 1b but he actually talking market cap
they already 700m mc, means aiming for 40pc growth in share price in the next 5 years.
another problem
when ceo start talking about market cap instead of biz, should you run?
a few ways he can try to hit the target,
PP
or
stop giving div
or
pump share price
or
issue warrant
to me, ceo talking about market cap target is nonono bad news