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Addvalue Tech
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Addvalue Tech
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Lugi71
Veteran |
14-Jul-2021 00:10
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The company has just asked for extension for the results to be released ... reason being about funding arrangements.. looks likely to be another soul destroying rights issue...  | ||||
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josemmm123
Master |
08-Jun-2021 10:29
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$84k... hmm... foreseeable future will increase to $84 trillion.. yes... sure why not | ||||
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Trade888
Senior |
08-Jun-2021 10:25
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The interesting development of Advalue will be the exponential growth of airtime revenue as more IDRS launches into space. They recorded US$84k last year and this is recurring and growing. Quote" Equally encouraging is the commencement of a new revenue stream which the Group began to receive in FY2021 for a maiden sum of US$84,000 via the end-users&rsquo subscriptions for solutions and/or air time services. The new revenue stream is recurring in nature and is the key focus of the Group&rsquo s transformed business model to grow it to a critical mass within the foreseeable future. The Company expects its recurring revenues to grow exponentially in FY2022 in tandem with its continual rollout of such products bundled with solution and/airtime services."
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Careful2020
Senior |
03-Jun-2021 09:01
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Addvalue has also built a deal pipeline of more than 20 leads, including some premier and prominent players in the LEO satellite industry and expects to secure more new customers in FY2022. The IDRS terminals which have been commercially commissioned have had started to generate recurring airtime revenue for the Group, and the Company expects such recurring revenue to grow rapidly in tandem as more and more of the IDRS terminals are being rolled out by the existing and new customers of the Group. Another major thrust of the Company&rsquo s business lies in the design and supply of high-end RES systems which include our SDR modules. Such RES products are the enabling platforms for many innovative digital connectivity and data analytics applications. The Company has on hand a book order of more than US$1 million for its RES solutions while expecting more orders to be generated from its deal pipeline due to the &lsquo design-followed-by-supply&rsquo nature of its business models. |
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Lugi71
Veteran |
02-Jun-2021 19:32
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https://links.sgx.com/1.0.0/corporate-announcements/KQ7DOMN567UG11RA/ac7405a47dc1506ea8d694b0f21e528313a6713b662645ad2c3cb610ddb0fa4a  Finally the company has clarified that the Business Times article was misleading. I wonder what the reporter would have to say about that.  
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tth1311
Member |
01-Jun-2021 15:20
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in space technology where not many companies are listed here but look at its share price
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josemmm123
Master |
01-Jun-2021 14:44
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Am I right to say Addvalue is the only company that I know of in SGX which keep posting wonderful great news but never earn profit in more than 10+ years? | ||||
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SmallSmall
Supreme |
31-May-2021 09:12
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ADDVALUE SECURED NEW ADDITIONAL CONTRACT FOR ITS IFLEETONE TERIMNALS TO CTTIC-SHANGHAI FOR THE FISHERIES SUSTAINABILITY MARKET IN CHINA DONNED WITH A FLEET SIZE OF MORE THAN 1,000 VESSELS Singapore, 31 May 2021 &ndash Singapore Exchange Mainboard-listed Addvalue Technologies Ltd (&ldquo Addvalue&rdquo ), a leading player in the mobile satellite communications industry, announced that its wholly-owned subsidiary, Zhongxin Chuangzhi Technologies (Beijing) Ltd., Co. (&ldquo ZXCZ&rdquo ), has secured new additional contract with CTTIC Shanghai Co Ltd (&ldquo CTTIC-Shanghai&rdquo ) to supply its Addvalue iFleetONE-VMS&trade Terminals to ZXCZ with a view to equip the Chinese fishing fleet of more than 1,000 vessels with new satellite communication capabilities that include solutions for complying with the regulations for fisheries sustainability (the &ldquo New Additional Contract&rdquo ). The New Additional Contract is a follow-on contract to the first contract which both ZXCZ and CTTIC-Shanghai entered into in August 2020 that witnessed the successful roll-out of the first 100 units of Addvalue iFleetONE-VMS&trade Terminals. The Addvalue iFleetONE-VMS&trade Terminal is more than just an Internet Protocol (&ldquo IP&rdquo )- based satellite broadband product that is type-approved to work under the Inmarsat BGAN system. Embedded with a proprietary Vessel Monitoring (&rdquo VMS&rdquo ) solution which is type-approved separately by several major fisheries authorities for fisheries sustainability, which include the US National Marine Fisheries Service (&ldquo NMFS&rdquo ), the Pacific Islands Forum Fisheries Agency (&ldquo FFA&rdquo ) and Western and Central Pacific Fisheries Commission (&ldquo WCPFC&rdquo ), the Addvalue iFleetONE-VMS&trade Terminal represents the most compelling solution to the fishing fleets today. Commenting on the New Additional Contract, Mr Yu Dongjun, Vice President of CTTIC-Shanghai, highlighted that &ldquo As a leading satellite communication solutions provider and a licensed distributor of Inmarsat satellite communications services in China, CTTICShanghai is constantly seeking and adopting state-of-the-art digital technologies in its offerings to serve the vast demands of the maritime market, including the fisheries industry. At the same time, we also see ourselves playing a pivotal role in upholding environmental sustainability. The Addvalue iFleetONE-VMS&trade Terminal is an excellent choice as it helps the fishing fleets to simultaneously achieve the dual the objectives of complying with regulatory Addvalue secured new additional contract for its iFleetONE terminals to CTTIC-Shanghai for the fisheries sustainability market in China donned with a fleet size of more than 1,000 vessels 2 requirements and transforming their operations digitally. We are indeed very pleased with the current project with Addvalue, and look forward to broadening our mutual collaboration to offer more innovative products for the maritime industry.&ldquo Dr Colin Chan, Chairman and CEO of Addvalue, remarked that: &ldquo We are proud to be part of the fisheries sustainability program in China via CTTIC- Shanghai. There are currently more than 1,000 fishing vessels in China that are active in deep sea fishing in the Pacific Ocean. Following the successful roll-out of the first 100 units of our Addvalue iFleetONEVMS&trade Terminals, we anticipate the New Additional Contract to help heighten our market share in China.&rdquo Dr Chan further added that: &ldquo With new terminal sales and the accompanying recurring solution subscriptions, we expect our VMS business to contribute significantly to our overall revenue for the financial year ending 31 March 2022 and beyond.&rdquo   |
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Lugi71
Veteran |
17-May-2021 21:33
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Capella Space 5th SAR satellite was launched on a SpaceX Falcon 9 rocket and successfuly deployed on Sunday. It is now undergoing commission. Looking forward to seeing its first SAR images soon | ||||
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SujantoHenry
Member |
29-Apr-2021 20:09
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  Addvalue Tech secured a contract from a new customer. Hope this news will move up the share price tomorrow. 
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Laihuat68
Senior |
08-Apr-2021 11:13
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😴 😴 😴 😴 😴 😴 😴 😴 | ||||
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Laihuat68
Senior |
07-Apr-2021 16:23
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So quiet..... Zzzzzzz when good news???? 🙄 😴 😴 | ||||
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wiltay
Master |
07-Apr-2021 09:25
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Full Year finanical report coming soon ard May.... we will see how it goes.... get ready to cry or cheer!!![]()
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Lugi71
Veteran |
06-Apr-2021 23:07
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Capella 5 & 6 is scheduled to be launched on Falcon 9 rocket this month. However, there is still no news so assumed to have been postponed. If it' s still on Falcon 9, then likely to be postponed to July where there is a rideshare | ||||
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wiltay
Master |
06-Apr-2021 21:39
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hahahaha u are negative minus 500%
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Laihuat68
Senior |
06-Apr-2021 20:20
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I think BBS also don't dare to play this one.. so quiet.. SAD | ||||
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Laihuat68
Senior |
06-Apr-2021 17:52
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No bbs 😅 🤷
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TA_Expert
Supreme |
06-Apr-2021 16:10
Yells: "The World has changed" |
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Red again. lol........ | ||||
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Laihuat68
Senior |
06-Apr-2021 13:43
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🤔 👌
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wiltay
Master |
06-Apr-2021 10:39
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Take it as long term invest.... if the coy has improved from bad (as what others said that it has bad management) we will see result soon.  i will collect more at cheap level... cheer. 
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