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Ace Achieve
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josephyeo
Elite |
06-Jun-2014 13:22
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Ace Achieve 1st 6 months profit of S$3.2 mil is almost equal to last financial year profit of S$3.8 mil. All things being equal this year profit should be better than last year. Quote below is the company' s commentary on the 1st half results : Quote : A commentary at the date of the announcement of the significant trends and competitive conditions of the industry in which the Group operates and any known factors or events that may affect the Group in the next reporting period and the next 12 months. In line with market expectations, China awarded 4G licenses to all three major operators: China Mobile, China Telecom and China Unicom in December 2013(1). The license will allow operators to commence commercial services utilizing the high-speed 4G network. It is expected to spur a new cycle of infrastructure investment in China&rsquo s telecommunication industry as all operators are positioning themselves to capture more high-paying data users. Typically, at maximum speed, 4G network can be ten times faster than that of 3G(2). Currently, only a third of China&rsquo s 1.22 billion mobile subscribers have 3G access(3). Given this positive backdrop, the increase in capital expenditure is expected to spur demand for network equipment and related solutions. In the early phase, the Group&rsquo s products and services that are tied to network infrastructure such as Wireless Coverage Solutions and Broadband Data Solutions is expected to capitalize on such investment trends. Operators are also expected to continue to invest in other supporting infrastructures such as servers and other back-end platforms to support growing data demand. It is also expected to generate opportunities for the Group&rsquo s Operations and Business Support Solutions. Overall, the availability of high-speed mobile network in China is expected to offer significant advancement to the wireless industry as it allows service providers to deliver other more comprehensive contents and services that are not possible with 3G network. The faster and more reliable network presents us with immense opportunities to create new innovative mobile applications and other value-added services for our customers. Barring any unforeseen circumstances, the group expects to remain profitable for Financial Year 2014. Footnotes: (1) &ldquo China issues 4G network licenses to China Mobile, Unicom and Telecom&rdquo , Reuters, 04 December 2013 (2) &ldquo China expected to issue 4G licenses this year: minister&rdquo , Xinhua, 06 March 2013 (3) &ldquo China Mobile Moves Closer to IPhone With License for 4G&rdquo , Bloomberg, 04 December 2013 Unquote. For information only. |
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josephyeo
Elite |
06-Jun-2014 09:40
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Just to share with you some figures on Ace Achieve : 1. Ace Achieve has been profitable for the past 4 n a half years. See below :     Profit - 2010 - S$3.6 mil                         2011 - S$3.9 mil                         2012 - S$2.9 mil                         2013 - S$3.8 mil     Half year profit 2014 - S$3.2     Note : financial year ends in April. On historical record, result out in June. 2. Price - trading range:     52 weeks low 2.6 cts     52 weeks high 7.7 cts 3. Nta : 10.2 cts (Source : Shareinvestors) 4. Dividends declared in year 2011 n 2012. No dividends declared in 2013. FYI only. Rgds n all the best!     |
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linbei
Veteran |
05-Jun-2014 23:04
Yells: "Huat ah!" |
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Any hope ? | ||
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linbei
Veteran |
28-May-2014 21:03
Yells: "Huat ah!" |
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Go for it ,ace. | ||
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johnng
Supreme |
18-Dec-2013 10:26
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Lai le ....may test $0.039!! | ||
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cdodkny
Senior |
12-Dec-2013 12:58
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..... |
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mike1234
Member |
08-Nov-2013 11:03
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what is it. selling down after so much of buy up...will it go up?
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donut42days
Veteran |
07-Nov-2013 12:24
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0.04   22m traded... possible oversold? Hold tight tight n relax ....?! | ||
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mike1234
Member |
07-Nov-2013 10:23
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Ace Achieve: Launches Cloud-Based Enterprise Server Management Platform. new announcement, why still it is not moving up?
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cdodkny
Senior |
07-Nov-2013 09:43
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where is the strength ?    | ||
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positiv
Senior |
06-Nov-2013 18:20
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http://infopub.sgx.com/FileOpen/Ace_PressRelease.ashx?App=Announcement& FileID=262963   NEWS RELEASE:
    Ace Achieve launches cloud-based Enterprise Server Management platform
    § Growing demand for efficient data processing and data storage facilities
§ Niche resource management platform designed for IBM servers
§ A result of continuous R& D effort and collaboration with global technology provider
Singapore, 06 November 2013 - SGX Mainboard-listed Ace Achieve Infocom Limited (?Ace Achieve? or
the ?Group?), a telecom network and ICT (Information & Communication Technologies) solutions
provider in China, is pleased to announce that the Group has successfully launched its Enterprise Server
Management platform built on cloud technology for IBM servers, a resource management platform for
telecom operators.
Growing demand for efficient data processing and data storage facilities
China?s mobile internet users grew from 420 million as at the end of December 2012 to 464 million as at
the end of June 2013(1). The 10.5% growth over the 6-month period was spurred by the growing
popularity of mobile internet access on the back of speedy internet access via 3G, innovative mobile
applications and the development of wireless networks.
User behavior of mobile phones has shifted significantly from traditional voice calls towards mobile data
access, in particular instant messaging and web surfing. That said, telecom operators will need to
constantly upgrade its data processing efficiency and data storage facilities in order to ensure stable
network connectivity given a larger mobile customer base and growing demand for data access.
However, traditional upgrades by increasing server capacity to meet new requirements have fallen
behind in the current digital era. This is because the longer deployment time required for installation and
testing may not efficiently match with the fast changing business dynamics of the telecommunications
industry.
On the other hand, technological progress has made it possible for organisations to pool IT resources
together to form private network of servers, known as private cloud, to manage changing requirements
efficiently and at the same time maximise utilisation of IT resources. Based on this technology, the Group
has identified opportunities in providing new solutions aimed at efficiently managing this network of
servers.
Niche resource management platform designed for IBM servers
The ability to efficiently monitor and allocate server capacity is essential to ensure stable network
performance as well as to cope with rising IT costs. Different types of server have separate sets of
configuration and hence require different platforms to support, raising integration complexity. The
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increased complexity results in greater technical expertise required for users to navigate. Collaborating
with IBM, Ace Achieve deploys server resource management platform for IBM servers.
Unlike traditional resource management software, the Group?s Enterprise Server Management Platform
puts emphasis on easy-to-use graphical interface and is equipped with the following features:
§ Real-time monitoring: real-time access to server status including utilisation rate of CPU, storage
capacity, etc.
§ Centralised resource distribution platform for physical and virtual servers
§ Auto-alert: automated problem reporting when certain pre-set conditions are triggered
§ Multiple users access: creation of multiple access authority levels for different users
§ Data collection and trend analysis for resource planning
Mr Deng Zelin (?邓 泽 霖 ?), Executive Chairman & Chief Executive Officer of Ace Achieve said, ?Close
relationships with telecommunication operators allow us to better understand their changing needs for IT
platforms. Capitalising on our R& D capabilities, Ace Achieve continues to offer cost-effective solutions
that suit their business processes and are aligned with market trends. From real-time monitoring to
resource planning, the entire platform is centered upon enhancing user experience, emphasising on
intuitive graphical user interface through the use of icons and visual indicators. This significantly aids
management in navigating through complex configurations, thus improving workflow.
Going forward, our platform will not be limited to clients in telecommunication industry. We are also on
the lookout for opportunities to offer our solutions to other market segments.?
Barring unforeseen circumstances, the Group expects its Enterprise Server Management platform to
generate additional revenue within the next twelve months and will announce such contracts in due
course.
Footnotes:
(1) ?CNNIC Released 32nd Statistical Report on Internet Development?, Chinese Academy of Sciences, 19 July 2013
? END ?
This document is to be read in conjunction with Ace Achieve?s exchange filings on 06 November 2013,
which can be downloaded via www.sgx.com.
Issued on behalf of Ace Achieve Infocom Limited by ShareInvestor Pte Ltd
Media & Investor Contacts
Mr. Andy Lin
Direct Line: +65 6517 8775
Mobile: +65 9651 7743
Email: [email protected]
Mr. Andreas Chan
Direct Line: +65 6517 8771
Mobile: +65 9857 1123
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positiv
Senior |
06-Nov-2013 12:21
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What is its NAV? I could only find its tangible book value per share is 0.545 RMB, the period end date as of 30/4/2013. |
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maixisuahlai
Member |
01-Nov-2013 13:19
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sorry btw DYODD as well forgot to mention...
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maixisuahlai
Member |
01-Nov-2013 13:18
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hi all can monitor this counter. i think this counter has alot of potential meat. price is way way below its nav but annual report returns is still pretty good. has volume lately as well.. | ||
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buaypangsai
Member |
25-Oct-2013 17:54
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quite interesting to see this going to top vol! | ||
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EoinkEoink
Member |
24-Oct-2013 19:40
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What is the outlook for this counter? Saw lots of buying at 0.055. Any news?? | ||
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thegreatchris
Member |
23-Oct-2013 09:28
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ace achieve die already la. price sure go below 0.05 | ||
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ShareSharelor
Member |
23-Oct-2013 08:28
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These kinda of announcement usually up the price or down?
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WanSiTong
Supreme |
22-Oct-2013 14:54
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The Board of Directors (the " to the placement of up to 100,000,000 new ordinary shares in the capital of the Company. Board" ) of Ace Achieve Infocom Limited (the ?Company?) refers to the Company?s announcements dated 8 October 2013 and 21 October 2013 (the ?Announcements?) relatingUnless otherwise defined, all capitalised terms used herein bear the same meanings as in the Announcements.The Board wishes to announce that the 100,000,000 Subscription Shares were allotted and issued as fully paid to the Scrip Lender on 22 October 2013. Following the issue of the Subscription Shares, the total number of issued and paid-up ordinary shares of the Company has increased to 752,000,000 ordinary shares.   |
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Vardprop
Member |
22-Oct-2013 13:05
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its likely to go up... most of the time trading halts price will rise..   Then again, it depends on the news being released... but if its bad, suspension would have been more likely. 
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