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Brother....check out the 2006 Annual Report!
In January 2006, we entered into a strategic partnership agreement with Telenor
Satellite Services AS (?TSS?) and GMPCS, both are subsidiaries of Telenor, to
cooperate in the following areas:-
a. the marketing of airtime with the sales of Wideye? SABRE? 1 BGAN Terminals;
b. the development of mobile BGAN terminals ( mobile terrestrial, maritime and
aeronautical ) based on Wideye? SABRE? 1 BGAN terminal design; and
c. the provision of engineering and sales support services.
In consideration of the business cooperation, our Company grants TSS an option to
subscribe up to a total of 128 million new shares at a price equal to the average
trading price for the 10 days preceding the day when TSS exercises the option (the
?Call Option?). If the Call Option were to be exercised in full, TSS will then be the
single largest shareholder of our Company with an equity stake of about 14.56%.
Anybody understand what this mean?
EXTENSION OF OPTION 1 AND OPTION 2 GRANTED TO TELENOR SATELLITE SERVICES AS (OR ITS DESIGNATED SUBSIDIARY) ("TSS") PURSUANT TO A STRATEGIC PARTNERSHIP AGREEMENT DATED 30 JANUARY 2006 BETWEEN THE COMPANY, TSS AND GMPCS PERSONAL COMMUNICATIONS INC ("GMPCS")
When the next financials is released the share price should rise so as of current it is trading between 0.12-0.13 price range.
Besides AddVal Tech, any other turn around story today?
Help!
I'm sucked by Quick Sand?!
+ve cash flow...improvement on EPS.....great prospect.....monoploy status in this region and interesting partnership agreement between GMPCS....not too bad right?
Why?
For 2 days Marching-On-The-Same-Spot!!!!!
Yuhooo!
....The force is with us!
Let see if it breaks out 13.5cents
Turnaround stock all right!
Addvalue Technologies (S$0.12) - Earnings breakthrough in the cardsAddvalue is poised for a period of high earnings growth and sustainable profitability. The
company is currently the third and only Asia-based authorised terminal supplier for
Inmarsat?s satellite-based broadband global area network (BGAN). Addvalue is a
beneficiary of BGAN?s fast growth prospects and market-share growth opportunities
through its strategic partnership with Telenor as well as favourable industry
developments.
earnings growth estimates and a 12x CY08 P/E
Thrane & Thrane?s current 25x).
Disclaimer: Not inducement to trade! Obtainded from CIMB Daybreak News