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Addvalue Tech
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newbie888
Veteran |
19-May-2020 18:02
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Thanks for the link seems like the management like to stir news but produce no results.. Hope I'm wrong though..
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newbie888
Veteran |
19-May-2020 17:06
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Work from home slows down the work efficiency?
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Lugi71
Veteran |
19-May-2020 15:57
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Ah, professor Mak. True that, crappy management https://governanceforstakeholders.com/2019/02/20/adding-or-subtracting-value/ Agreed is not the Capella news since we aloready heard of it! Since it' s taking this long, likely another new customer for the IDRS,, anyway just hoping that its positive news. |
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Luckystrike
Veteran |
19-May-2020 14:14
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Don't think is this news. This news does not warrant Addvalue for pondering so long to come out an announcement. Hope something great to happen. Otherwise, this stock is crap and only create hype and never deliver. No wonder one professor listed it as one of crap stock to avoid.
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themaniscoolman
Member |
19-May-2020 14:05
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I think high chance correlates to the Capella Space announcement below on 13May https://www.capellaspace.com/capella-space-signs-sar-imagery-contract-with-the-department-of-defense/ |
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Lugi71
Veteran |
19-May-2020 12:55
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The last time it took 1 whole week before the trading was unhalted was this announcement ADDVALUE AND INMARSAT SIGN AGREEMENT TO LAUNCH INTER-SATELLITE DATA RELAY SERVICE, A WORLD&rsquo S FIRST COMMERCIAL ON-DEMAND COMMUNICATIONS SERVICE TO SUPPORT LEO SATELLITE OPERATIONS |
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98mich98
Master |
19-May-2020 12:51
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Oil price increase!!! Rocket no money buy fuel??? 😂 😂 😂 3 days cannnot trade this counter!!! Better be somethijg good | ||||
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Luckystrike
Veteran |
19-May-2020 11:22
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Still no news. Looks like the halt will be extended in this afternoon for another three days . | ||||
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LowLow12
Elite |
19-May-2020 08:09
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What?s the news?
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Lugi71
Veteran |
18-May-2020 23:51
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Technically, SGX allows up to 3 working days for trading to be halted. But as I know, back in 2017, the trading was halted for 5 working days. It has interesting products and it seems that investment in space was gathering momentum till Covid 19 struck. Now the big worry is whether these LEO companies will be able to survive from the anticipated withdrawal of VC funds. Space companies have huge capex and in these times, VCs might not have the appetite to continue their investments. If these LEOs go, then prospects for Addvalue will be kaput as well. Now, it has just Capella Space to crow about and its not a given that Capella will continue to attract funding as well. The management has SGX announcements nearly every month since 2017 and announced so many partnerships and collaborations but these are not reflected in their earnings report. And not much progress have also been shared by management on these. They have million dollars contracts from China, Indonesia but these dont seem to be reflected in the financials as well. Valuation and financials wise, no one will take a second look at it. It' s crap. If you also had the chance to sit in the AGMs, you wont walk away feeling that the management has your back. Haha. I dont know what Rain Asia sees in Addvalue and neither do I know their track record in fact if you google their company, you wont find much and this also applies to the 2 investors. You' ll find info that one of them invests in some of our S-League football clubs. :) I' m actually vested in this, simply because I support local SMEs. I just feel patriotic that we will have something in Space... Popcorn on the ready for whatever show will be shown.. |
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newbie888
Veteran |
18-May-2020 23:45
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Ya.. I'm buying to hold long term.. But dun dare to buy too many lots
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dimebag
Master |
18-May-2020 23:37
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Most likely it' ll be on the positive side as the TH was requested by the chairman himself. Should be pending some news and it should be the launch of the satellite already.
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98mich98
Master |
18-May-2020 22:53
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Why Rain Asia wnts to invest into this company? They are big investors. Loads of cash. Offer to bail Hyflux! There can only be one reason. Addvalue sattelite biz is going to be huge and money making. Be patience look at 2 years, let the biz mature. Recurring Air time.biz😀 😀 | ||||
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newbie888
Veteran |
18-May-2020 22:46
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But if they get suspended now, is it like cheating rain asia? 🤔 🤔 🤔 | ||||
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johnng
Supreme |
18-May-2020 20:30
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Will vol suspend not?3 days no news yet? | ||||
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98mich98
Master |
18-May-2020 19:03
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Takeover At $0.30 by me😂 😂 😂 | ||||
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Lugi71
Veteran |
18-May-2020 19:01
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3 scenarios: Non event - Likely to be news about allotment of the subscription shares Positive - New investor, new contract, positive profit guidance Negative - SGX Watch List, Contract delayed/cancelled.
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happietrade
Master |
18-May-2020 17:27
Yells: "be kind" |
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hope it unhalts soon, i cleared most of my holdings but left 50K shares because of FOMO. | ||||
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newbie888
Veteran |
18-May-2020 17:15
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From potential good news to potential suspension.. Best.. Is the management really that bad?
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Lugi71
Veteran |
18-May-2020 15:07
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Last Fri morning tio liao. By 19 May, 5pm still no announcement, maybe suspend liao. Although longest trading halt it had was I think 7 days, back in 2017
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