Latest Posts By 1oopls
- Master
About 1oopls
|
|
| 14-Apr-2016 23:15 |
Others
/
Let s talk oil.
 Go to Message
|
 x 0
 x 0
|
Sembmarine up 30cents 2 days x.x |
| Good Post Bad Post | |
| 14-Apr-2016 22:16 |
DBS
/
DBS
Go to Message
|
|
x 0
x 0
|
Rising of Fed rates more likely then not bring down Bank' s share prices as seen in December |
| Good Post Bad Post | |
| 14-Apr-2016 22:02 |
Ezra
/
EZRA HOLDINGS - RED HOT NEWS
Go to Message
|
|
x 0
x 0
|
Iran confirm like out liao, not even sending its key man to join the discussion. Now what will Saudi Arabia do? |
| Good Post Bad Post | |
| 14-Apr-2016 21:58 |
Others
/
Let s talk oil.
Go to Message
|
|
x 0
x 0
|
tomorrow last chance to rally, never say never. |
| Good Post Bad Post | |
| 14-Apr-2016 14:59 |
Ezra
/
EZRA HOLDINGS - RED HOT NEWS
Go to Message
|
|
x 0
x 0
|
yea agree, can hold but need stop loss. Can huat big and cut ur loss small |
| Good Post Bad Post | |
| 14-Apr-2016 13:39 |
YZJ Shipbldg SGD
/
Cruising with the ship ..Yangzijiang
Go to Message
|
|
x 0
x 0
|
Bye YangziJiang |
| Good Post Bad Post | |
| 14-Apr-2016 13:06 |
CapitaLand
/
Capitaland
Go to Message
|
|
x 0
x 0
|
Once capitaland 3.17 i sell ok. up some more first |
| Good Post Bad Post | |
| 14-Apr-2016 12:50 |
CapitaLand
/
Capitaland
Go to Message
|
|
x 0
x 0
|
Don' t lose steam leh, bought at 2.99. UpUP PLSS |
| Good Post Bad Post | |
| 11-Apr-2016 23:29 |
Others
/
Let s talk oil.
Go to Message
|
|
x 0
x 0
|
eh nw chiong again eh? |
| Good Post Bad Post | |
| 11-Apr-2016 23:05 |
Others
/
Let s talk oil.
Go to Message
|
|
x 0
x 0
|
losing steam liao |
| Good Post Bad Post | |
| 11-Apr-2016 22:33 |
Others
/
Let s talk oil.
Go to Message
|
|
x 0
x 0
|
Victor, you know how fast the invesntory turnover of oil? Once freeze or cut production, how fast can the supply drop? |
| Good Post Bad Post | |
| 11-Apr-2016 22:18 |
Others
/
Let s talk oil.
Go to Message
|
|
x 0
x 0
|
S& P, Dow, Oil, Transport, HSI, DAX all up. Today STI also up. |
| Good Post Bad Post | |
| 11-Apr-2016 21:54 |
Rex Intl
/
Rex International
Go to Message
|
|
x 0
x 0
|
confidently crosses $40 lol |
| Good Post Bad Post | |
| 11-Apr-2016 21:45 |
G Invacom
/
Global Invacom Aim Listing
Go to Message
|
|
x 0
x 0
|
Still remember the days where this is traded to number 1 top volume 0.1+ -> 0.5 in 1 month. Now is traded in No.1 Top no Volume. |
| Good Post Bad Post | |
| 11-Apr-2016 21:28 |
G Invacom
/
Global Invacom Aim Listing
Go to Message
|
|
x 0
x 0
|
Trading at 50% of its NAV, if not undervalued, don' t know what is. And also the worst is definitely over, Grab b4 its too late!! |
| Good Post Bad Post | |
| 11-Apr-2016 21:14 |
G Invacom
/
Global Invacom Aim Listing
Go to Message
|
|
x 0
x 0
|
file:///C:/Users/user/Downloads/GIGL_Annual_Report_2015.pdf |
| Good Post Bad Post | |
| 11-Apr-2016 21:13 |
G Invacom
/
Global Invacom Aim Listing
Go to Message
|
|
x 0
x 0
|
DEAR SHAREHOLDERS, I am pleased to present you the annual report for Global Invacom Group Limited (&ldquo Global Invacom&rdquo or the &ldquo Company&rdquo and together with its subsidiaries, the &ldquo Group&rdquo ) for the financial year ended 31 December 2015 (&ldquo FY2015&rdquo ). The period under review ranks as one of the most significant for the Group, marked by two key developments. The first is the completion of our largest-ever post reverse takeover (&ldquo RTO&rdquo ) acquisition of Satellite Acquisition Corporation (trading as &ldquo Skyware Global&rdquo ), a leading United States (&ldquo U.S.&rdquo ) manufacturer of satellite terminals, for approximately US$8.8 million. The acquisition not only validates the success of our corporate strategy pursuant to our listing on the United Kingdom (&ldquo U.K.&rdquo ) AIM Market of the London Stock Exchange (&ldquo LSE&rdquo ), but also extends our leadership in the Satellite Communications (&ldquo Sat Comms&rdquo ) sector as it undergoes major changes and consolidation. The second relates to the technology shift which took place among some major clients amidst these changes, which impacted our operations in the period under review. PURSUING GLOBAL LEADERSHIP IN SAT COMMS MARKET On 24 August 2015, we completed the acquisition of North Carolina-based Skyware Global, a leader in developing, designing and manufacturing antennas covering C-band, Ku-band and the emerging Ka-band frequency platforms for Direct-to-Home (&ldquo DTH&rdquo ) and Very Small Aperture Terminals (&ldquo VSAT&rdquo ). The Group issued approximately US$3.8 million in treasury shares and entered into a cash earn-out model to pay Skyware Global up to US$5.0 million. To date, it is our largest acquisition after the RTO and follows the successful listing on the AIM Market of the LSE, completed on 2 July 2014, which raised gross proceeds of US$15.0 million for the Group. Following the acquisition of Skyware Global, the Group extended its portfolio of antenna products and is the only Company that is able to offer the complete package, from antennas and electronics to accessories, to our customers in the Sat Comms business. With a 67-year heritage, Skyware Global adds a U.S. manufacturing presence to our existing production facilities in Asia and Europe, gives access to new customers, and enhances relationships with existing customers, including a major U.S. broadcaster that is launching two new satellites in 2016. This acquisition underscores our commitment to growing the business through strategic acquisitions and organic growth to extend our leadership in the global Sat Comms market. It also reflects the continuing opportunities arising from consolidation within the industry. As a fast-growing Sat Comms player with a portfolio of products and a clear growth strategy, we will continue to evaluate consolidation opportunities as they occur. &ldquo We continue to work resolutely to strengthen our value proposition as a leading Sat Comms player that combines R& D with a global manufacturing footprint&rdquo In the months since the acquisition was completed, the Group has worked hard to consolidate existing logistics and warehouse functions into the North Carolina plant, providing savings to the Group&rsquo s existing cost base. We are also leveraging Skyware Global&rsquo s VSAT technology to provide enhanced offerings to Asian markets, as it includes an extensive range of products covering C-band, Ku-band and Ka-band frequency platforms in metal and composite. It also provides solutions-based services such as turnkey design, engineering, product integration and programme management together with radio frequency testing, fulfillment and logistics. As we integrate this suite of capabilities into the Group, we have also strengthened the management team, integrated our global sales network, and are increasing sales and marketing activities in South America, Asia, Africa and Europe. BUSINESS REVIEW While we consider the acquisition of Skyware Global to be a significant opportunity, shareholders should note that the conditions leading to this opportunity have also presented us with major challenges. The global satellite industry was valued at US$203 billion in 2014, and the satellite ground equipment market is expected to continue to grow at 5%, driven by technological advancements in the pay-TV industry, expansion of broadband internet services and digital technology. Developing markets, which have yet to be saturated with terrestrial networks, are turning to satellite services and present another source of growth opportunities. Clearly, the industry is now at an inflection point amidst demand for high-specification products that can meet the demands for 4K content of satellite broadcasters, as well as more stringent requirements for VSAT terminals. Against the backdrop of this inflection, the industry itself is undergoing a major technology change, one Chairman&rsquo s Statement 2 GLOBAL INVACOM GROUP LIMITED ANNUAL REPORT 2015 that usually occurs about every eight to ten years. The current technology change involves the introduction of digital channel stacking, a technology that allows up to 32 continuous video streams from a single Low Noise Blocks (&ldquo LNB&rdquo ). This has required a significant boost in our research and development (&ldquo R& D&rdquo ) resources at a time when the industry is destocking. In view of the abovementioned, we experienced a challenging year predominantly due to destocking by three main customers in the first half of the year (&ldquo 1H FY2015&rdquo ) &ndash although all orders have since resumed during the second half of the year (&ldquo 2H FY2015&rdquo ) &ndash and one-off expenses related to the purchase and restructuring of Skyware Global. Revenue declined 3.7% to US$129.1 million from US$134.1 million in FY2014, primarily due to delayed sales in 1H FY2015 for main customers in America, Europe and Asia. During the period, the Group recognised four months&rsquo revenue of US$17.5 million from Skyware Global. Gross profit margin fell to 19.3% from 23.7% due to the reclassification of certain products in relation to import duty taxes in the U.S., the weakening of the Malaysian Ringgit against the U.S. dollar, and a lack of semiconductor devices which delayed production and led to higher logistics costs. Skyware Global also contributed to the drop in the Group&rsquo s gross profit margin. As a result, the Group recorded a FY2015 net loss of US$1.1 million compared to a net profit of US$5.1 million in FY2014. Loss per share on a fully diluted basis was 0.43 U.S. cent in FY2015 while net asset value per share was 20.05 U.S. cents as at 31 December 2015. The Group&rsquo s balance sheet remains healthy with cash and cash equivalents of US$8.9 million as at 31 December 2015. LEADING RESEARCH AND DEVELOPMENT INNOVATOR Even as we continue to pursue growth, we remain committed in our investments to enhance our R& D capabilities to maintain our competitive edge, as well as position ourselves as a global leader in the industry. Global Invacom &ndash together with leading satellite operator Avanti Communications, with the support of Microsoft Corporation and the European Space Agency (&ldquo ESA&rdquo ) under the Advanced Research in Telecommunications Systems (&ldquo ARTES&rdquo ) Programme &ndash has developed a breakthrough technology which integrates satellite broadcast TV and broadband to be delivered to a home environment ubiquitously over standard IP-enabled networks, such as Ethernet or WiFi. The Group has also completed R& D work on two nextgeneration LNBs that will form the basis for product sales during the next eight to ten years, and is currently awaiting qualification for them. This new technology development positions the Group strongly, and is expected to improve sales and provide the Group with further product expertise and access to a wider customer base as variants of these DCSS LNBs are in development for other broadcasters. CORPORATE DEVELOPMENTS During the year under review, SCE Enterprise Pte Ltd, a wholly-owned subsidiary of Singapore Exchange-listed Serial System Ltd (&ldquo Serial System&rdquo ) &ndash a leading distributor of electronic components &ndash acquired 12,000,000 treasury shares of the Company at S$0.29 each, representing a 4.5% stake in the Company. The investment by Serial System is anticipated to improve our procurement of components as we grow further. SHARE BUYBACKS AND DIVIDEND As part of its acquisition strategy, Global Invacom bought back 37.4 million of its own shares in FY2015. As at the end of FY2015, the Company held 10.7 million treasury shares. No dividend has been declared for FY2015 as the Group was not profitable during the financial year due to the impact from various factors as described above. OUTLOOK While FY2015 proved to be a challenging year, we continue to work resolutely to strengthen our value proposition as a leading Sat Comms player that combines R& D with a global manufacturing footprint. We remain optimistic about the growth potential of the industry and are confident that we have laid an even stronger foundation that will allow us to capitalise on the growth opportunities of this exciting industry. EXECUTIVE CHANGES We warmly welcome Mr Gregory Knox Jones and Mr Kenny Sim Mong Keang to the Board of Directors. Mr Jones and Mr Sim were appointed as Non-Executive Directors on 24 August 2015 and 23 September 2015, respectively. APPRECIATION On behalf of the Board, I would like to extend my sincere appreciation to our customers, business associates and to you, our Shareholders, for your continued support during this eventful year. I would also like to thank the management team and all employees of the Group for their hard work and contributions. ANTHONY BRIAN TAYLOR Executive Chairman |
| Good Post Bad Post | |
| 11-Apr-2016 17:49 |
Straits Times Index
/
STI to cross 3000 boosted by long-term investors
Go to Message
|
|
x 0
x 0
|
Waiting for a big crash, crash emergency fund in place |
| Good Post Bad Post | |
| 11-Apr-2016 17:30 |
CapitaLand
/
Capitaland
Go to Message
|
|
x 0
x 0
|
Capital whatever, mall, trust, reit.. Big thank you ^ |
| Good Post Bad Post | |
| 11-Apr-2016 17:29 |
Vard
/
Vard Holdings
Go to Message
|
|
x 0
x 0
|
Today finger 1 second to touch buy 100K lots, just nice shortists attack pewpewpew, bam bam. Den me think cn get cheaper . Lol. |
| Good Post Bad Post | |
| First < Newer 241-260 of 598 Older> Last |