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Addvalue Tech
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Addvalue Tech
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newbie888
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17-Aug-2021 08:27
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If bb interested in them then yea.. Waiting to be suspended..
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Charleschoong
Veteran |
17-Aug-2021 08:24
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Maybe another share going to suspended | ||||
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Alvin2042
Master |
17-Aug-2021 08:17
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Another one of those companies that keep an announcing tie-ups or increase business prospects, but come financial announcement, revenue still don't show up with no view of profitability in the short term.
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newbie888
Veteran |
17-Aug-2021 07:31
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Let's wait to see if there's any announcement that causes this drop. Some counter price shot up before it go bust too.. Lol..
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TA_Expert
Supreme |
17-Aug-2021 01:27
Yells: "The World has changed" |
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Addvalue got 6.7 millions debt need to pay in a year verus 276,000 cash.  One loan convertible loan of share at $0.023 by 06 Aug, not exercise, need to pay $3.45 millions. One need to convert by 30 Sep at $0.2394, 2.5 millions. The lender will demand cash return. Now addvalue needs to raise 6.7 millions by issuing a lot shares, even lower than the current price. If not, the company will declare bankcruptcy or JM. Insiders know the woes of the company and so they all sold yeterday when there was no announcement made by the company. This time round retails will burnt big time.  |
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newbie888
Veteran |
16-Aug-2021 23:18
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This is a super penny stock.. Lol
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newbie888
Veteran |
16-Aug-2021 23:17
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True..
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Lugi71
Veteran |
16-Aug-2021 20:20
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All story telling, red flags from 3 to 4 years ago.  1) So many rounds of so called investments that didnt materialise. In the end, has to get employees to suscribe 2) Refuses to name customers 3) Allude to 200 IDRS terminals when in fact only about 10 terminals confirmed 4) Recent terminals for fishing vessels only 100 ordered but they reported it in a way that even made the Business Times reported report it as 1000 terminals ordered 5) Recent results release they always announce significant improvements expected but never materialise 6) Claimed to explore listing of the IDRS unit - complete nonsense when it does not even have substantial orders nor making money 7) Claims to have a pipeline of prospects for IDRS and 15 to 20 in advance negotiations in the end only 1 signed up I can keep going on ... who would buy into it? Would likely go to zero.
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newbie888
Veteran |
16-Aug-2021 18:39
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Wonder if will halt for announcement first | ||||
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newbie888
Veteran |
16-Aug-2021 17:33
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Ya.. On paper everytg looks very promising.. New space tech, fishing vessel.. Disappointing
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Heerbrugg
Veteran |
16-Aug-2021 17:00
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Risk of playing penny stock! | ||||
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josemmm123
Master |
16-Aug-2021 16:51
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this company every year got " good" news , any single little " good" news they announced... but then strange they issue rights many times.. then every year lose $$$ every single quarters for many donkey years/   |
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TA_Expert
Supreme |
16-Aug-2021 16:03
Yells: "The World has changed" |
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Very like to declare bad news such as bankcruptcy.
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vivacious
Supreme |
16-Aug-2021 15:59
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down 26% is no joke | ||||
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TA_Expert
Supreme |
16-Aug-2021 15:29
Yells: "The World has changed" |
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Declaring insolvency?
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vivacious
Supreme |
16-Aug-2021 15:27
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what happened? | ||||
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superstartup
Supreme |
16-Aug-2021 15:24
Yells: "Enjoy doing Fundamental Research" |
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Company need $ and need to raise them now, around this time. Else the upcoming delayed financial statement may not look good in term of cashflow / liquidity.  
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QueenMaya
Senior |
16-Aug-2021 15:08
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What' s happening today? Down 15 percent. 
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SujantoHenry
Member |
29-Jul-2021 21:06
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ADDVALUE ADDED A SIXTH IDRS CUSTOMER TO ITS IDRS-RELATED BUSINESS The Board of Directors of Addvalue Technologies Ltd (the &ldquo Company&rdquo ) is pleased to announce that the Company together with its subsidiaries (the &ldquo Group&rdquo ) has secured an order from a new customer for the supply of its IDRS terminals. Due to non-disclosure obligations, the Group is constrained from disclosing further details about the new order and the new customer at this juncture. Further details concerning the new order and the new customer will be released as soon as when the Group is freed of its non-disclosure obligations. Following the new addition, the Group now has a total of six IDRS customers (including Capella Space and Analytical Space, Inc.) with an aggregate of more than 200 satellites to be deployed in accordance with their respective constellation plans. Accordingly, the Group now, in its pipeline, has an outstanding order of more than US$3.2 million for its IDRS terminal sales (excluding recurring airtime and related services) which, barring any unforeseen circumstances, will substantially be fulfilled within the current financial year ending 31 March 2022. The Group has started generating recurring IDRS airtime revenue following the successful commissioning of five IDRS terminals for commercial service in space since early 2021. As more IDRS terminals are expected to be commercialized in the coming months coupled with the fact that more IDRS-related orders from both existing and new customers are expected to be received by the Group for the next 12 months and beyond, more recurring IDRS airtime revenues are expected to be fetched in tandem by the Group moving forward. Save for their respective interests in the share capital of the Company, none of the Directors or the substantial shareholders of the Company has any interest, directly or indirectly, in the new order or the new customer. BY ORDER OF THE BOARD Dr Colin Chan Kum Lok Chairman and CEO  |
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sklong138
Elite |
29-Jul-2021 17:39
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https://www.sgx.com/mobileapp?action=view&cat=company-announcements&id=CI56HQAI7WVCGHLE | ||||
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