G Invacom    Last:0.069    -0.002

Global Invacom, a satellite play

Market not goid. For the rest for today....likely end red.

des262      ( Date: 27-Aug-2021 14:46) Posted: Bro teeth53, any chance to cheong later? teeth53      ( Date: 27-Aug-2021 12:51) Posted: Trade Summary: Morning trade. Closed red @$0.101 on profit taking with lower volume. good support level by Day Trader n BBs Last Trades Volume Bid Volume Mid Ask Volume 0.100 25 568,300 412,300 0 156,000 0.101 14 192,800 152,200 0 Cls-40,600 0.102 17 195,400 125,400 0 70,000 0.103 24 753,300 5,900 0 747,400 TOTAL 80 1,709,800 695,800 0 1,014,00

 

Bro teeth53, any chance to cheong later?

teeth53      ( Date: 27-Aug-2021 12:51) Posted: Trade Summary: Morning trade. Closed red @$0.101 on profit taking with lower volume. good support level by Day Trader n BBs Last Trades Volume Bid Volume Mid Ask Volume 0.100 25 568,300 412,300 0 156,000 0.101 14 192,800 152,200 0 Cls-40,600 0.102 17 195,400 125,400 0 70,000 0.103 24 753,300 5,900 0 747,400 TOTAL 80 1,709,800 695,800 0 1,014,00 teeth53      ( Date: 26-Aug-2021 19:58) Posted: Forecast (wild guess) tomorrow morning trade. ☆ 》 Start green and taking in profit. ☆ 》 Hopefully, trade prices don slip after initial push.up, expecting $0.11 series coming

 

bro thank you. Yesterday my dad brought it and now no more bullet.haha

des262      ( Date: 27-Aug-2021 14:36) Posted: just brought des262      ( Date: 27-Aug-2021 14:35) Posted: look strong will buy another 100,000 shares at 0.1 to support u.

 

just brought

des262      ( Date: 27-Aug-2021 14:35) Posted: look strong will buy another 100,000 shares at 0.1 to support u.  des262      ( Date: 27-Aug-2021 11:21) Posted: 0.24-0.32

 

look strong will buy another 100,000 shares at 0.1 to support u. 

des262      ( Date: 27-Aug-2021 11:21) Posted: 0.24-0.32c ThankYou      ( Date: 27-Aug-2021 10:38) Posted: I see. Then what&rsquo s your target price? Maybe I will start queuing a bit first instead of rushing

 

Hi Brother and Sister, try to red the red wording. During is pandemic which company do not make losses or earn lesser? Look at how Mr Tony craft the satement. I strongly believe this company might give us a BIG Suprise.

Global Invacom Group Limited (&ldquo Global Invacom&rdquo , the &ldquo Company&rdquo or the &ldquo Group&rdquo ) 
Results for the six months ended 30 June 2021 

Singapore/London, 13 August 2021 - Global Invacom (SGX: QS9) (AIM: GINV), the global provider of satellite communications equipment and electronics, is pleased to announce its financial results for the six months ended 30 June 2021 (&ldquo 1H FY2021&rdquo ). 

Key financial highlights: &bull Revenue for 1H FY2021 of US$40.4m (1H FY2020: US$52.8m) &bull Gross Profit for 1H FY2021 of US$8.8m (1H FY2020: US$12.4m) &bull Net loss for 1H FY2021 of US$1.2m (1H FY2020: US$0.3m net profit) &bull Cash and cash equivalents as at 30 June 2021 of US$9.4m (31 December 2020: US$11.3m)   

Key operational highlights: 
Continued demand for Direct to Home (&ldquo DTH&rdquo ) products through the Company&rsquo s key customer in the United States, providing an ongoing revenue base albeit at lower levels than previous years &bull Demand for Data Over Satellite (&ldquo DOS&rdquo ) products continues to grow, driven by ongoing demand for connectivity and data delivery through the COVID-19 pandemic &bull Global supply chains continue to be impacted by COVID-19 pandemic &bull The Group has undertaken cost reduction measures 

The financial performance of the Group in the first half of 2021 reflects broader ongoing COVID-19 challenges. The much-publicised disruption to supply chains and problems with the availability of key products, including semi-conductors and capacitors, continues to be a challenge for the Company. Furthermore, the Company has also been impacted by supply chain and global transportation network issues as a result of government restrictions, the introduction of quarantine and additional checks and measures, coupled with a shortage of personnel at key sites such as ports. This has ultimately led to a delay in the transport of products from the manufacturing facility to customer sites. 

The Group delivered sales of US$40.4 million in the first half of the year. Geographically, we saw ongoing sales pressure in America, Europe and Asia, with an increase in demand across the Rest of the World. The United States, which remains a significant market for the Group, continues to be impacted by the ongoing pandemic, which has translated to a fall in anticipated orders.

As reported in the FY2020 full year results statement, in 2020 the Group restructured its development, sales and marketing teams to focus on the DOS products, a growth market, leaving just a core team focused on the DTH markets. The Group has also undertaken, and is continuing, a restructuring across the Group to reduce its cost base, removing excess headcount in non-core functions, and a reduction in administrative costs.   

DOS continues to underpin 4G/5G and high-speed broadband access, service providers are adopting satellite solutions to meet the significant growth in demand where traditional fibre and cable solutions are not viable. We continue to work to position ourselves to take advantage of this potential growth in demand. 

The Group&rsquo s DTH products continue to generate good sales, albeit at lower levels than in previous years. As such, we continue to invest in the development of bespoke new products for our key customer in the United States but have reduced the size of the team focused on this segment.   

The Group continues to monitor the pandemic situation closely, carrying out rigorous risk assessments and implementing stringent hygiene procedures across our sites. This has enabled us to allow our employees to return to work safely should they wish to do so. As a global business, the Group continues to monitor the situation closely and to adhere to all relevant Government guidelines for the regions in which it is present. 

The challenges faced by the Group in the first half will likely continue to impact the Group&rsquo s business throughout FY2021. Notwithstanding that, the Group believes Global Invacom&rsquo s products have a key role to play in the provision of this connectivity as restrictions ease across territories, supply chains recover, and demand starts to normalise.    ​

Tony Taylor, Executive Chairman of Global Invacom, commented: 

&ldquo The first half of 2021 has been challenging as we faced down a number of operational and macroeconomic headwinds. Despite this, our business has delivered a solid performance, supported by a highly skilled and talented workforce. 

&ldquo As global restrictions ease, and supply chains move more freely, I firmly believe our business is ideally placed to deliver a sustainable recovery in the medium term.&rdquo  

 

Bro thank you :)

teeth53      ( Date: 27-Aug-2021 12:51) Posted: Trade Summary: Morning trade. Closed red @$0.101 on profit taking with lower volume. good support level by Day Trader n BBs Last Trades Volume Bid Volume Mid Ask Volume 0.100 25 568,300 412,300 0 156,000 0.101 14 192,800 152,200 0 Cls-40,600 0.102 17 195,400 125,400 0 70,000 0.103 24 753,300 5,900 0 747,400 TOTAL 80 1,709,800 695,800 0 1,014,00 teeth53      ( Date: 26-Aug-2021 19:58) Posted: Forecast (wild guess) tomorrow morning trade. ☆ 》 Start green and taking in profit. ☆ 》 Hopefully, trade prices don slip after initial push.up, expecting $0.11 series coming

 

Trade Summary: Morning trade. Closed red @$0.101 on profit taking with lower volume. good support level by Day Trader n BBs

Last	Trades	Volume	Bid Volume	Mid	Ask Volume
0.100	25	568,300	412,300	0	156,000
0.101	14	192,800	152,200	0	Cls-40,600
0.102	17	195,400	125,400	0	70,000
0.103	24	753,300	5,900	0	747,400
TOTAL	80	1,709,800	695,800	0	1,014,00

teeth53      ( Date: 26-Aug-2021 19:58) Posted: Forecast (wild guess) tomorrow morning trade. ☆ 》 Start green and taking in profit. ☆ 》 Hopefully, trade prices don slip after initial push.up, expecting $0.11 series coming. ThankYou      ( Date: 26-Aug-2021 18:43) Posted: So it seems like tomorrow going to break 12 cents in the morning

 

0.24-0.32c

ThankYou      ( Date: 27-Aug-2021 10:38) Posted: I see. Then what&rsquo s your target price? Maybe I will start queuing a bit first instead of rushing. des262      ( Date: 27-Aug-2021 09:48) Posted: i brought this and keep. I target their technology and their cash money on hand

 

I see. Then what&rsquo s your target price? Maybe I will start queuing a bit first instead of rushing.

des262      ( Date: 27-Aug-2021 09:48) Posted: i brought this and keep. I target their technology and their cash money on hand ThankYou      ( Date: 27-Aug-2021 09:42) Posted: How you know? You bought this one bro

 

Take a look at Global Invacom  facility in Smithfield, North Carolina.

https://youtu.be/tao0FgP5MvA

 

Lastest from their youtube. The shares will shoot to the moon soon

The World' s Fastest Internet Connection

https://youtu.be/PZ5ISj1Bgjw

 

i brought this and keep. I target their technology and their cash money on hand

ThankYou      ( Date: 27-Aug-2021 09:42) Posted: How you know? You bought this one bro? des262      ( Date: 27-Aug-2021 09:39) Posted: The fight between shortist and Ang Mo

 

How you know? You bought this one bro?

des262      ( Date: 27-Aug-2021 09:39) Posted: The fight between shortist and Ang Mo  ThankYou      ( Date: 27-Aug-2021 09:35) Posted: Now it looks more like sellers in action.

 

The fight between shortist and Ang Mo 

ThankYou      ( Date: 27-Aug-2021 09:35) Posted: Now it looks more like sellers in action.

 

ChingKay, BB , Ang Mo, where are you. 我 等 的 花 儿 也 泄 了

 

Now it looks more like sellers in action.

 

I will buy when it start moving beyond 10.5 cents. Good plan right?

des262      ( Date: 27-Aug-2021 09:28) Posted: I also wating for them to perform . No cheong very Sian.... ThankYou      ( Date: 27-Aug-2021 09:01) Posted: No power yet?

 

I also wating for them to perform . No cheong very Sian....

ThankYou      ( Date: 27-Aug-2021 09:01) Posted: No power yet?

 

No sure. I think due that time the cruel oil price drop from USD$100+ to somewhere USD$40 or 50 + and all the world wide shares drop and this guy also follow. There' s no any bad news at all

RongLong      ( Date: 26-Aug-2021 23:52) Posted: Do you remember how share price drop to penny? des262      ( Date: 26-Aug-2021 15:54) Posted: Yes I remember I' m having my holiday at Thailand when the price hit 0.5