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Latest Forum Topics / Creative    Last:0.81    -0.01  Post Reply
Creative files lawsuit against Nvidia in US
xxadidasxx
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31-Oct-2018 22:05     
 
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 Alert Admin 		Hope MR SIM can say out how?s the 1st hours sales
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Dallan
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31-Oct-2018 18:59     
 
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 Alert Admin 		From Creative.
 

PROSPECTS
The Group expects no significant change in the market conditions and overall market for the Group&rsquo s products remains challenging. However, revenue is expected to be higher for the holiday season in this quarter compared to the current level and with a small revenue contribution from Super X-Fi (&ldquo SXFI&rdquo ) products, the Group expects an improvement in operating results for the quarter from the current level. Shipments of SXFI products commenced in the beginning of the current quarter for the Singapore market. Shipment for US market is expected to commence towards the end of the quarter and revenue contribution for the quarter is not expected to be significant to the overall revenue for the Group. 

Why did Michelle remove all the positive comments?
And why are you copying the half-truth article here to fool us?
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Ranieri
Senior
31-Oct-2018 18:27     
 
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Yells: "Unlikely?!!! Yup, you better believe it!!!!"
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 Alert Admin 		Agree. Awards do not translate into sales. Competitors are not out to work with you, they're out to kill you.
It's similar to the time of the soundblaster era. Mr. Sim simply killed the competition. It's a different ball game this time around.

Qanghoo      ( Date: 31-Oct-2018 11:39) Posted:

Let' s try to be more objective.  Does winning awards necessarily guarantee winning more sales.  Logically it shd.  Yet, it might not.  Also, one may win the most innovative award, but coming in second n further down does not necessarily mean not having the ability to provide the threat of competition to CT either.  Perhaps CT wld have an edge, maybe even a significate one.  But competitors wld surely keep trying to improve to do better, wldn' t they?   That is not only the nature of  doing business.  It is the spirit of human endeavour itself.  So, best is investors stay level headed n do their own due diligence ....

TanSiBeiKu      ( Date: 31-Oct-2018 00:55) Posted:

If there are plenty of  competitors as per your hwz link then i will be even more impress given that Creative Super X-FI have won 3 awards this Year.

Have the competitors mentioned in the thread won any form of awards in the same category ?

If we are talking about a similar technology then how come Super X-FI still can win the WIPO-IPOS IP Champion for  Most Innovative  award ? 

Definition of Innovative -  (of a product, idea, etc.) featuring new methods advanced and original. 

So who should i give the benefit of doubt, the panel of judges or the hwz writer


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Ranieri
Senior
31-Oct-2018 18:21     
 
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Yells: "Unlikely?!!! Yup, you better believe it!!!!"
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 Alert Admin 		Deja vu. Why am I not surprised. Hmm...

sengsk      ( Date: 31-Oct-2018 11:41) Posted:

Creative Tech sinks into 1Q losses in absence of patent settlement gains

By: 
Michelle Zhu
31/10/18, 11:15 am


SINGAPORE (Oct 31): Creative Technology reported a loss of US$6.1 million ($8.5 million) for the 1Q ended Sept (1Q19), reversing into the red from its earnings of US$22.8 million in 1Q18 in the absence of other gains recorded in the latter period.

While Creative booked other gains of US$32 million in 1Q18 largely due to a US$31.2 million received from the settlement of patent lawsuits as well as US$0.6 mil in foreign exchange gains, these contributions were absent from the latest quarter.

Sales for 1Q19 fell 18% to US$13.2 million from US$16.1 million previously, resulting in lower gross profit.
&ndash &ndash ADVERTISEMENT &ndash &ndash
 
 
 
 


 
 


The group attributes the decline to uncertainty and difficult market conditions over the period under review, which in turn affected the sales of Creative products.

Cash and cash equivalents &ndash held mainly in USD with the balance being a mix of SGD, euro, British pound and Japanese yen &ndash fell to US$107.7 million as at end-Sept from restated cash and cash equivalents of US$114.8 million as at end-June.

This was largely because exchange differences in 1Q19 were not material compared to appreciation of these currencies against the USD in the previous year.
 


In its outlook, Creative says it expects no significant change in market conditions going forward, and anticipates challenging market conditions for its products.

While shipment of Creative&rsquo s new  Super X-Fi (SXFI) products  commenced in the beginning of 1Q19 for the Singapore market, with shipments for the US market expected to commence towards end-1Q, revenue contributions are not expected to be significant to the overall revenue for the group.

Shares in Creative surged 12.5% to close at $6.08 on Monday after firm announced it will start selling its  Super X-Fi (SXFI) products  in the US this week.   It will cost US$149.99 on the American market, compared with $219 in Singapore.
 


As at 11:02am, shares in Creative Tech are trading 3 cents higher at $6.10.

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HendriJB
Supreme
31-Oct-2018 18:16     
 
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Yells: "Breathe, Step Back - Think "
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 Alert Admin 		Like in Singapore only shareholders were buying Creative latest products. As it was not on sale on site but online only and we all know only 600 sold in 20 minutes. After that No actual figure announce...🧐 🤔 🤨

xxadidasxx      ( Date: 31-Oct-2018 18:13) Posted:

Agree they should sell onsite at least make a event to sell it for sure we can see better sale

HendriJB      ( Date: 31-Oct-2018 18:09) Posted:

IF Creative going to launch on site then it will sell easily.
Online - only God Knows...🤔
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xxadidasxx
Veteran
31-Oct-2018 18:13     
 
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 Alert Admin 		Agree they should sell onsite at least make a event to sell it for sure we can see better sale

HendriJB      ( Date: 31-Oct-2018 18:09) Posted:

IF Creative going to launch on site then it will sell easily.
Online - only God Knows...🤔

xxadidasxx      ( Date: 31-Oct-2018 17:46) Posted:

Can USA sell 600 unit in 5 min ? Haha good luck mr Sim hope this counter bring me extra cash for
Xmas
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HendriJB
Supreme
31-Oct-2018 18:09     
 
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Yells: "Breathe, Step Back - Think "
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 Alert Admin 		IF Creative going to launch on site then it will sell easily.
Online - only God Knows...🤔

xxadidasxx      ( Date: 31-Oct-2018 17:46) Posted:

Can USA sell 600 unit in 5 min ? Haha good luck mr Sim hope this counter bring me extra cash for
Xmas
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xxadidasxx
Veteran
31-Oct-2018 17:46     
 
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 Alert Admin 		Can USA sell 600 unit in 5 min ? Haha good luck mr Sim hope this counter bring me extra cash for
Xmas
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lifeisgood
Supreme
31-Oct-2018 14:54     
 
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 Alert Admin 		US launch is Friday Singapore time. So next 2 days will be fun to watch this stock.

xxadidasxx      ( Date: 31-Oct-2018 14:13) Posted:

High was 6.18 preapre for rally due to US sales soon ?

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lifeisgood
Supreme
31-Oct-2018 14:49     
 
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 Alert Admin 		Creative Technology has been winning many technology and product awards (and patent lawsuits). It means a lot to an ORIGINAL creator like Sim Wong Hoo. He did not win those garbage SIAS Most Transparent Company award like Midas. He gave sound to a PC with Soundblaster when nobody thought computers needed to have sound. He is truly one of a kind. 
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Sgvale
Supreme
31-Oct-2018 14:24     
 
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 Alert Admin 		All waking up. Buy buy
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xxadidasxx
Veteran
31-Oct-2018 14:13     
 
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 Alert Admin 		High was 6.18 preapre for rally due to US sales soon ?
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mattgate
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31-Oct-2018 13:15     
 
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 Alert Admin 		very true... in fact we all won our first race, out of millions jostling along with us, neither is that any indication where we would turn up in life hor.

Qanghoo      ( Date: 31-Oct-2018 12:07) Posted:

In 2007, Lewis Hamilto , in his debut F1 season did not come in first.  He was second - BY ONE POINT.  Look at where he is now .....

Qanghoo      ( Date: 31-Oct-2018 11:54) Posted:

Whether I long or short does not matter.  I' m raising a pt of objectivity.  Others may differ in their views.  It' s OK with me, but I just felt it appropriate to raise it. 


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Qanghoo
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31-Oct-2018 12:52     
 
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 Alert Admin 		Thx for the scarcasm.  Whether believers or not only time will tell.  N whether old dogs or new cats, best dyodd. 

mattgate      ( Date: 31-Oct-2018 12:24) Posted:

Thank you for your lessons in business and life 101, I would hazard to guess that  the old dogs here have been around the block more than once, pissed on enough red hydrants to care to remember and been pissed on enough time to remember to wear rubber even on sunny days. Therefore the unabridge exuberance for the magic weave by Ah Sim is intoxicating and would be a sin not to spread the message, hoping unbelievers will be converted and share in the riches when Ah Sim finally again........

Qanghoo      ( Date: 31-Oct-2018 12:07) Posted:

In 2007, Lewis Hamilto , in his debut F1 season did not come in first.  He was second - BY ONE POINT.  Look at where he is now ....
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mattgate
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31-Oct-2018 12:24     
 
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 Alert Admin 		Thank you for your lessons in business and life 101, I would hazard to guess that  the old dogs here have been around the block more than once, pissed on enough red hydrants to care to remember and been pissed on enough time to remember to wear rubber even on sunny days. Therefore the unabridge exuberance for the magic weave by Ah Sim is intoxicating and would be a sin not to spread the message, hoping unbelievers will be converted and share in the riches when Ah Sim finally again........

Qanghoo      ( Date: 31-Oct-2018 12:07) Posted:

In 2007, Lewis Hamilto , in his debut F1 season did not come in first.  He was second - BY ONE POINT.  Look at where he is now .....

Qanghoo      ( Date: 31-Oct-2018 11:54) Posted:

Whether I long or short does not matter.  I' m raising a pt of objectivity.  Others may differ in their views.  It' s OK with me, but I just felt it appropriate to raise it. 


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jiplumify
Senior
31-Oct-2018 12:14     
 
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 Alert Admin 		To be back on point,  anyway, let' s see how US amp fares, then iOS, SXFI Air, and then the " whoever-also-can-integrate" partnerships and how the charging models will impact top and bottom lines.
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Qanghoo
Supreme
31-Oct-2018 12:07     
 
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 Alert Admin 		In 2007, Lewis Hamilto , in his debut F1 season did not come in first.  He was second - BY ONE POINT.  Look at where he is now .....

Qanghoo      ( Date: 31-Oct-2018 11:54) Posted:

Whether I long or short does not matter.  I' m raising a pt of objectivity.  Others may differ in their views.  It' s OK with me, but I just felt it appropriate to raise it. 

Justice888      ( Date: 31-Oct-2018 11:43) Posted:

So u Long or short or no interest or waiting to get interested


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Qanghoo
Supreme
31-Oct-2018 11:54     
 
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 Alert Admin 		Whether I long or short does not matter.  I' m raising a pt of objectivity.  Others may differ in their views.  It' s OK with me, but I just felt it appropriate to raise it. 

Justice888      ( Date: 31-Oct-2018 11:43) Posted:

So u Long or short or no interest or waiting to get interested ?

Qanghoo      ( Date: 31-Oct-2018 11:39) Posted:

Let' s try to be more objective.  Does winning awards necessarily guarantee winning more sales.  Logically it shd.  Yet, it might not.  Also, one may win the most innovative award, but coming in second n further down does not necessarily mean not having the ability to provide the threat of competition to CT either.  Perhaps CT wld have an edge, maybe even a significate one.  But competitors wld surely keep trying to improve to do better, wldn' t they?   That is not only the nature of  doing business.  It is the spirit of human endeavour itself.  So, best is investors stay level headed n do their own due diligence ...
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Justice888
Supreme
31-Oct-2018 11:43     
 
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 Alert Admin 		So u Long or short or no interest or waiting to get interested ?

Qanghoo      ( Date: 31-Oct-2018 11:39) Posted:

Let' s try to be more objective.  Does winning awards necessarily guarantee winning more sales.  Logically it shd.  Yet, it might not.  Also, one may win the most innovative award, but coming in second n further down does not necessarily mean not having the ability to provide the threat of competition to CT either.  Perhaps CT wld have an edge, maybe even a significate one.  But competitors wld surely keep trying to improve to do better, wldn' t they?   That is not only the nature of  doing business.  It is the spirit of human endeavour itself.  So, best is investors stay level headed n do their own due diligence ....

TanSiBeiKu      ( Date: 31-Oct-2018 00:55) Posted:

If there are plenty of  competitors as per your hwz link then i will be even more impress given that Creative Super X-FI have won 3 awards this Year.

Have the competitors mentioned in the thread won any form of awards in the same category ?

If we are talking about a similar technology then how come Super X-FI still can win the WIPO-IPOS IP Champion for  Most Innovative  award ? 

Definition of Innovative -  (of a product, idea, etc.) featuring new methods advanced and original. 

So who should i give the benefit of doubt, the panel of judges or the hwz writer


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sengsk
Elite
31-Oct-2018 11:41     
 
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 Alert Admin

Creative Tech sinks into 1Q losses in absence of patent settlement gains

By: 
Michelle Zhu
31/10/18, 11:15 am


SINGAPORE (Oct 31): Creative Technology reported a loss of US$6.1 million ($8.5 million) for the 1Q ended Sept (1Q19), reversing into the red from its earnings of US$22.8 million in 1Q18 in the absence of other gains recorded in the latter period.

While Creative booked other gains of US$32 million in 1Q18 largely due to a US$31.2 million received from the settlement of patent lawsuits as well as US$0.6 mil in foreign exchange gains, these contributions were absent from the latest quarter.

Sales for 1Q19 fell 18% to US$13.2 million from US$16.1 million previously, resulting in lower gross profit.
&ndash &ndash ADVERTISEMENT &ndash &ndash
 
 
 
 


 
 


The group attributes the decline to uncertainty and difficult market conditions over the period under review, which in turn affected the sales of Creative products.

Cash and cash equivalents &ndash held mainly in USD with the balance being a mix of SGD, euro, British pound and Japanese yen &ndash fell to US$107.7 million as at end-Sept from restated cash and cash equivalents of US$114.8 million as at end-June.

This was largely because exchange differences in 1Q19 were not material compared to appreciation of these currencies against the USD in the previous year.
 


In its outlook, Creative says it expects no significant change in market conditions going forward, and anticipates challenging market conditions for its products.

While shipment of Creative&rsquo s new  Super X-Fi (SXFI) products  commenced in the beginning of 1Q19 for the Singapore market, with shipments for the US market expected to commence towards end-1Q, revenue contributions are not expected to be significant to the overall revenue for the group.

Shares in Creative surged 12.5% to close at $6.08 on Monday after firm announced it will start selling its  Super X-Fi (SXFI) products  in the US this week.   It will cost US$149.99 on the American market, compared with $219 in Singapore.
 


As at 11:02am, shares in Creative Tech are trading 3 cents higher at $6.10.
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