Addvalue Tech    Last:0.19   -

Addvalue Tech

This counter always announce good news.. After the share go up... The news never materialized.. N it goes down again... Hahah

 

Another illusion popped into thin air.......................

*Addvalue Tech
- Terminated the placement agreement with KGI Securities for issue of up to 250m new shares at $0.04 apiece.
- Separately, the group is working with a couple of strategic investors for alternative funding arrangements, including such investors taking up of a significant stake in the group. 

http://alanu6.blogspot.com/

 

gravity8888      ( Date: 19-Jun-2018 08:27) Posted: This counter is so fat to move 1 cts. And their good news is never concrete

 

That y better dun go into this counter if can.. Same goes for allied Tech.. Happy shorting

 

what happened ?????????????????

 

Got , got concrete one..issue rights, take shareholders $$$ or issue shares for $$$, dilute the shares.. many times liao

gravity8888      ( Date: 19-Jun-2018 08:27) Posted: This counter is so fat to move 1 cts. And their good news is never concrete

 

This counter is so fat to move 1 cts. And their good news is never concrete

 

So what' s the story now i wonder?

 

This guy sounds like "Jimmykwek" ... Lol

But what u say is true, before "good" news out, price got pumped up, after news out, when retailer buying up, the heavy sell down to follow

tonylim70      ( Date: 08-Jun-2018 12:05) Posted: By now i think everyone knows how this counter works. Issue shares at xx cents. Then announce " good" news WITHOUT any confirmation. (right now the latest annoucement, they dun even want to tell us who is the other party). Then u see share price rises. Then suddenly dumping. This dumping must be those subscribers, so  the gd news is to allow these subscribers to dump. If u dun believe me, u  can go trace through the history  since 2008 and u will know what i mean. The mother of all annoucement was the china deal at $240million. Up to  today,  4 years later (or 3 years?),  we are still waiting.

 

Whoever were the sellers yesterday and today they were not the recent placees.

The recent placement was not approved for listing YET.

 

By now i think everyone knows how this counter works.

Issue shares at xx cents. Then announce " good" news WITHOUT any confirmation. (right now the latest annoucement, they dun even want to tell us who is the other party). Then u see share price rises. Then suddenly dumping. This dumping must be those subscribers, so  the gd news is to allow these subscribers to dump.

If u dun believe me, u  can go trace through the history  since 2008 and u will know what i mean.

The mother of all annoucement was the china deal at $240million. Up to  today,  4 years later (or 3 years?),  we are still waiting. 

 

nowadays no more penny run that pump up 300%. so boring nowadays

 

hahaha.. wild life in YOUr ZOO?

Starship      ( Date: 07-Jun-2018 18:34) Posted: Somehow, this PR release reminds me of another SGX-listed company....... one that deals with wildlife................   SATELLITE communications company Addvalue Technologies on Thursday said it has agreed with an existing customer - described as a " premier global satellite service company" - to provide data gathering services from now to at least 2026. This comes on top of the first commercial Inter-Satellite Data Relay System (IDRS) contract that Addvalue signed with this unidentified customer earlier this year. This contract involves Addvalue providing a customised  design and supply of IDRS terminals. It said that both agreements are estimated to  yield recurring annual revenues of more than US$40 million to the group once the projects are completed. The delivery for the IDRS Terminals is due to start this year. " Due to commercial sensitivity and the group&rsquo s non-disclosure undertaking to the customer, the group is unable to provide more details about the customer at this juncture," said Addvalue in its regulatory filing on Thursday. https://www.businesstimes.com.sg/companies-markets/addvalue-to-sell-data-gathering-services-to-premier-global-satellite-service

 

Somehow, this PR release reminds me of another SGX-listed company....... one that deals with wildlife................
 

SATELLITE communications company Addvalue Technologies on Thursday said it has agreed with an existing customer - described as a " premier global satellite service company" - to provide data gathering services from now to at least 2026.

This comes on top of the first commercial Inter-Satellite Data Relay System (IDRS) contract that Addvalue signed with this unidentified customer earlier this year. This contract involves Addvalue providing a customised  design and supply of IDRS terminals.

It said that both agreements are estimated to  yield recurring annual revenues of more than US$40 million to the group once the projects are completed. The delivery for the IDRS Terminals is due to start this year.

" Due to commercial sensitivity and the group&rsquo s non-disclosure undertaking to the customer, the group is unable to provide more details about the customer at this juncture," said Addvalue in its regulatory filing on Thursday.

https://www.businesstimes.com.sg/companies-markets/addvalue-to-sell-data-gathering-services-to-premier-global-satellite-service

 

I think u can go observe the pattern. First issue shares... then annouce good news.. reason? allow the subscribers to offload their shares. My guess. If u will, u can browse through threads about addvalue and u will discover all the so called gd news ended with nothing and keep on making losses years after years.

paul1688      ( Date: 07-Jun-2018 17:39) Posted: I am neither die hard fan nor naysayer of AVT. I only care to invest in good companies or profit from short term trades. One need to put some objective perspective in looking at latest development. At least for last 3 years result, AVT has explained loases from impairment losses from intangible assets and high developemnt costs. So key is fruits of labour which seemed to be coming out now. The fact is they have the first IDRS real commercial customer is a big deal. NDA does not allow hem to disclose the customer but people familiar to industry has sufficient indicators on who this major customer is. Just this first single deal alone is worth at least $40 million in annual revenue with profit of at least $11 million per year, for at least 3 years. For company the market size and financials of AVT, this is a significant development. Of course with technology companies the size of AVT there can be risks. To me the more significant risk is whether AVT needs more equity funding (implication to shareholder). There can be positives as well if AVT is bought over or privatized by industry vested bigger players. No absolute certainty on right or wrong now. Can contnue to discredit any development they announce and just watch (and gloat if right) or move in (invest) for early mover advantage if one believes the business / technology is taking off. Only thing I would add is people familiar with the Communications industry acknowledge the news as real and potentially exciting. Whether AVT can now ride to sustainable new financial heights is the multi-million dollar question.

 

I am neither die hard fan nor naysayer of AVT. I only care to invest in good companies or profit from short term trades.

One need to put some objective perspective in looking at latest development. At least for last 3 years result, AVT has explained loases from impairment losses from intangible assets and high developemnt costs. So key is fruits of labour which seemed to be coming out now. The fact is they have the first IDRS real commercial customer is a big deal. NDA does not allow hem to disclose the customer but people familiar to industry has sufficient indicators on who this major customer is. Just this first single deal alone is worth at least $40 million in annual revenue with profit of at least $11 million per year, for at least 3 years. For company the market size and financials of AVT, this is a significant development. Of course with technology companies the size of AVT there can be risks. To me the more significant risk is whether AVT needs more equity funding (implication to shareholder). There can be positives as well if AVT is bought over or privatized by industry vested bigger players. No absolute certainty on right or wrong now. Can contnue to discredit any development they announce and just watch (and gloat if right) or move in (invest) for early mover advantage if one believes the business / technology is taking off. Only thing I would add is people familiar with the Communications industry acknowledge the news as real and potentially exciting. Whether AVT can now ride to sustainable new financial heights is the multi-million dollar question.  

 

This company has so many gd news and so many halts since 2008.. u can go read up their so called gd news and contracts and positive impact on earningss but only one thing happens, every year loss $$$ and they just lost a huge amount in the latest financial report

stargazer88      ( Date: 07-Jun-2018 16:39) Posted: Finally. Addvalue finally signed an agreement with a client. Under the agreement Addvalue will derive a recurring revenue of USD$40 million. Considering the highest revenue has been about SGD$20m for the last 10 years this looks to me like a game changer a new business model that derives airtime usage revenue other than mere equipment sales.

 

Haha u still trust them after so many years of ?good news?. The customer cant even be named.. gd luck to u.. at this moment they did not even clarify the china $240m buy over of the company. If the deal is true why is the share price still 4 cents? Beware this ?good news? is for bb to dump to innocent investors

stargazer88      ( Date: 07-Jun-2018 16:39) Posted: Finally. Addvalue finally signed an agreement with a client. Under the agreement Addvalue will derive a recurring revenue of USD$40 million. Considering the highest revenue has been about SGD$20m for the last 10 years this looks to me like a game changer a new business model that derives airtime usage revenue other than mere equipment sales.

 

Finally.

Addvalue finally signed an agreement with a client.

Under the agreement Addvalue will derive a recurring revenue of USD$40 million.

Considering the highest revenue has been about SGD$20m for the last 10 years this looks to me like a game changer a new business model that derives airtime usage revenue other than mere equipment sales.


 

 

Results just annouced.

tonylim70      ( Date: 31-May-2018 02:58) Posted: " The terminals will be produced in China with certain key modules worth about US$6 million to be supplied by Addvalue over three years with about US$1 million order to be fulfilled in financial year ending 31 March 2019. " 3 years = US$6million. One year = US$2million REVENUE. Profit margin let say 15%. Profit = US$300k...  In April 2016, they annouce almost the same type of contract but still never make profit, still ended up losses every quarter,. tonylim70      ( Date: 31-May-2018 02:53) Posted:   Singapore, 30 May 2018 &ndash Singapore Exchange Mainboard-listed Addvalue Technologies Ltd (" Addvalue" , together with its subsidiaries, the " Group" ), a leading player in the mobile satellite communications industry, today announced that its Beijing based wholly-owned subsidiary, Zhongxing Chuangzhi (Beijing) Technology Ltd., Co. (ÖÐд´Öµ£¨±±¾©£©¿Æ¼¼ÓÐÏÞ¹«Ë¾)(" Zhongxing Chuangzhi" ) that its partner Huaan Xingke ( Beijing ) Information Technology Co., Ltd (»ª°²ÐÇ¿Æ£¨±±¾©£©ÐÅÏ¢¼¼ÊõÓÐÏÞ¹«Ë¾)(" Huaan Xingke" ) has successfully obtained the type approval for their multi-mode satellite communication terminal, S600, from the Register of Fishing Vessel under the Ministry of Agriculture, Fisheries Bureau of the People&rsquo s Republic of China. The terminal, a joint development between Addvalue and Huaan Xingke, is customized to meet the China governmental plan to modernize the fishing fleets and is the first-of-its kind to be certified by the China authorities for shipboard and offshore surveillance, navigation and safety operations. Equipped with the integration of various technologies such as Automatic Identification System (AIS), Radio Frequency Identification (RFID), Beiduo system, and satellite communications, the multi-mode terminal will greatly elevate the operational capabilities for the China fishing fleets while providing very affordable services. The terminal is expected to be deployed in the province of Shandong, Liaoning and Guangdong after the fishing moratorium season in the respective provinces this year. The terminals will be produced in China with certain key modules worth about US$6 million to be supplied by Addvalue over three years with about US$1 million order to be fulfilled in financial year ending 31 March 2019. How come the annoucement looks like the one made in April 2016?

 

" The terminals will be produced in China with certain key modules worth about US$6 million to be supplied by Addvalue over three years with about US$1 million order to be fulfilled in financial year ending 31 March 2019. "


3 years = US$6million. One year = US$2million REVENUE. Profit margin let say 15%. Profit = US$300k... 
In April 2016, they annouce almost the same type of contract but still never make profit, still ended up losses every quarter,.

tonylim70      ( Date: 31-May-2018 02:53) Posted:   Singapore, 30 May 2018 &ndash Singapore Exchange Mainboard-listed Addvalue Technologies Ltd (" Addvalue" , together with its subsidiaries, the " Group" ), a leading player in the mobile satellite communications industry, today announced that its Beijing based wholly-owned subsidiary, Zhongxing Chuangzhi (Beijing) Technology Ltd., Co. (ÖÐд´Öµ£¨±±¾©£©¿Æ¼¼ÓÐÏÞ¹«Ë¾)(" Zhongxing Chuangzhi" ) that its partner Huaan Xingke ( Beijing ) Information Technology Co., Ltd (»ª°²ÐÇ¿Æ£¨±±¾©£©ÐÅÏ¢¼¼ÊõÓÐÏÞ¹«Ë¾)(" Huaan Xingke" ) has successfully obtained the type approval for their multi-mode satellite communication terminal, S600, from the Register of Fishing Vessel under the Ministry of Agriculture, Fisheries Bureau of the People&rsquo s Republic of China. The terminal, a joint development between Addvalue and Huaan Xingke, is customized to meet the China governmental plan to modernize the fishing fleets and is the first-of-its kind to be certified by the China authorities for shipboard and offshore surveillance, navigation and safety operations. Equipped with the integration of various technologies such as Automatic Identification System (AIS), Radio Frequency Identification (RFID), Beiduo system, and satellite communications, the multi-mode terminal will greatly elevate the operational capabilities for the China fishing fleets while providing very affordable services. The terminal is expected to be deployed in the province of Shandong, Liaoning and Guangdong after the fishing moratorium season in the respective provinces this year. The terminals will be produced in China with certain key modules worth about US$6 million to be supplied by Addvalue over three years with about US$1 million order to be fulfilled in financial year ending 31 March 2019. How come the annoucement looks like the one made in April 2016? tonylim70      ( Date: 30-May-2018 18:38) Posted: supply of equipment to a certain company... typical annoucement eg: https://www.businesstimes.com.sg/companies-markets/addvalue-in-three-year-distribution-contract-with-china-firm April 2016: ADDVALUE Technologies' wholly owned unit Addvalue Innovation has entered into a three-year distribution contract with Zhongyou Century (Beijing) Communications Co to supply satellite communication terminals and provide related support services to the China regional maritime vessels market estimated to comprise more than 300,000 vessels. The first batch of supply totalling about US$4 million, under the distribution contract signed, shall commence delivery from May 2016 and be completed by November. It will contribute positively to the financial performance of Addvalue for the financial year ending March 31, 2017. This distribution contract stems from an alliance forged between the two companies in relation to a collaboration agreement they entered into on Nov 12, 2015, to distribute satellite communication-based products and provide customised solutions for the communication needs in China, including but not limited to China' s " One Belt, One Road" initiative. Strange thing that they are still making losses even after the " solid" contract in 2016.