DMX Technologies   

DMX Tech

CIMB Technical Comment




• The stock appears to have formed a bullish saucer formation just above its key 

support at S$0.38. Prices are also forming higher highs and higher lows since 

testing the S$0.38 levels.  

• With the technical landscape looking positive, there is a good chance that 

prices continue on this uptrend. Yesterday’s surge in trading volume is also 

positive for the stock.      

• Aggressive traders may opt to buy now with a stop placed below the recent 

swing low of S$0.425. This uptrend should take prices higher towards S$0.53 

and possibly even to retest the old high of S$0.57.     

Life Is Great 

 

Hope it will move up. This counter hit 0.475 & fall back to .41-.42; hv not climb back so far even sinces it listed on OTCQX in Sept 10.

 

Trading range is between 0.395 to 0.420 .. so i suggest care when buying .. that aside.. family friend is on the board of directors/ female ceo and the fundamentals are pretty good.. so i think can buy for long haul. 

 

MACD crosses up, volume is high, RSI indicates bullish... Time to fly...

agree?

 

Guys, i think it is time to enter this counter and buy it up. Any takers?

 

kills those who contra.

 

busted... I got it too

 

dont tell me the balloOn going to burst,,,,,,,,,,,,,,soon you will know who are naked swimmind at DMX

 

Should be good for the opening. If you are the CEO, on the first day of business do you want to look good?

 

DMX Technologies Up Ahead Of ADRs Listing

The Internet network infrastructure and digital media solutions and services provider, DMX Technologies (DMX), said it has completed all necessary steps for the trading of its ADRs on OTCQX International. Each DMX ADR, which will be quoted in US dollars, will start trading on OTCQX International from 23 Sep-10, with each receipt representing 40 Singapore shares on SGX. ‘We believe we have a compelling story that appeals to international investors. In addition, our proprietary line of digital media software solutions and market- leading position in the cable-TV market within China also provides an exciting angle for investors keen to ride on the Chinese digital media revolution,’ said DMX chief executive Jismyl Teo.

Significance: With an 82% rise in its 2Q10 earnings, aided by contribution from robust growth of Chinese cable TV and Internet Protocol Television industries, this ADR listing undoubtedly gives DMX an advantage to approach the US institutional and retail investors that eye for high-quality and undervalued Chinese companies. Meanwhile, if take-up for the ADRs is positive, DMX shares are likely to head even higher.

 

This article is contributed by Shares Investment. Visit Sharesinv.com for the latest Singapore, Malaysia and China stock market news and reports.

 

Not much news about how  they publicize the listing. Do they have road shows to promote the company to potential investers ?

If there are good ground work and the company project a confidence in its investment  return to investors. It should do well.

DMX is not known to distribute dividends- despite its big cash horde attained from KDDI's  RTO.

While its CEO talk about  investors entitlement to dividends, so far none was given out to holders despite.

That might be something investors look into besides other factors. stability.........transparency etc etc...

Only knows when tomorrow comes...::) 

 

DMX start trading in US tomorrow....any comments??

 

I have different view. Should get out and take profit now.

http://mystocksinvesting.com/singapore-stocks/dmx-tech/dmx-tech-time-to-get-out/

Safety first. 来日方长！

 

moneycow      ( Date: 20-Sep-2010 17:55) Posted: Must put on the record- Today close at 53.5, it hit a high of 54.5 and  asking of 55 cents. But on close fell to 53.5cents. Which is an excellant closing. Better then Friday's.  Today surge 11 cents.  Thats something to smile about for holders whom have been on it since the last 50 cents days last year and quietly hoping for it to go back up above 50 cents. Well,  the day have arrived. In fact this time, Due to the ADR news which allows American ( USA) traders/investors to buy stakes/trade flexibly. It could spell more better price to come. But the basic is not so much of the ADR, but  the onus is the recent surge of profits for the company and the contracts it have got. With KDDI which is the Japanese No2. Telco, akin to Starhub -> Singtel   . KDDI being the majority owner have a big say in its direction if it wants to or choose to. It can also buy more stakes and transfer  technolgy to the group and further enhance it chances of securing better business contracts and tenders. With the positive drive and position of the company,  US investors looking to invest in China may be kin to place their own stake on this one. Follow up attention may also arise, giants like google and the likes might  have some interest in being a partner in some IPTV venture in future. In all cases, this time around, the surge momentum is set to move further Unlike the short one that happen in April where it moves up to 42.5-43 then went down all the way to 32-33 and remain there for almost  the longest time for holder.   Then it was like 50cents was a too high mountain to scale an almost unthinkable target with no major news. But with the business climate improving and positive anticipations of more businesses PLUS the recnt( just days ago)  ADR news......... its begibnning to hot up wtih a big surge on 17th and a more bigger one today......... Tomorrow could be even better :) But is to be discovered when the time comes.  Cheers to those whom have hold on to it  since the last high of 52.5 and through the turbulences that follows...... Congrats- u deserve your reward. Yours for the taking if you are in profit and  is satisfied with the current price. if you have good faith and want to go for long - your reward may even be much bigger :) Whatever the case, good luck and best wishes to one and all holders and investors. Its your time.  cheers.  dealer0168      ( Date: 17-Sep-2010 17:08) Posted: Surprise sudden surge in price. Yo, sold off at $0.420 today. Cheers.

 

Must put on the record- Today close at 53.5, it hit a high of 54.5 and  asking of 55 cents. But on close fell to 53.5cents. Which is an excellant closing. Better then Friday's.

 Today surge 11 cents.  Thats something to smile about for holders whom have been on it since the last 50 cents days last year and quietly hoping for it to go back up above 50 cents. Well,  the day have arrived.

In fact this time, Due to the ADR news which allows American ( USA) traders/investors to buy stakes/trade flexibly. It could spell more better price to come.

But the basic is not so much of the ADR, but  the onus is the recent surge of profits for the company and the contracts it have got. With KDDI which is the Japanese No2. Telco, akin to Starhub -> Singtel   .

KDDI being the majority owner have a big say in its direction if it wants to or choose to. It can also buy more stakes and transfer  technolgy to the group and further enhance it chances of securing better business contracts and tenders.

With the positive drive and position of the company,  US investors looking to invest in China may be kin to place their own stake on this one.

Follow up attention may also arise, giants like google and the likes might  have some interest in being a partner in some IPTV venture in future.

In all cases, this time around, the surge momentum is set to move further Unlike the short one that happen in April where it moves up to 42.5-43 then went down all the way to 32-33 and remain there for almost  the longest time for holder.  

Then it was like 50cents was a too high mountain to scale an almost unthinkable target with no major news.

But with the business climate improving and positive anticipations of more businesses PLUS the recnt( just days ago)  ADR news......... its begibnning to hot up wtih a big surge on 17th and a more bigger one today.........

Tomorrow could be even better :)

But is to be discovered when the time comes. 

Cheers to those whom have hold on to it  since the last high of 52.5 and through the turbulences that follows......

Congrats- u deserve your reward. Yours for the taking if you are in profit and  is satisfied with the current price.

if you have good faith and want to go for long - your reward may even be much bigger :)

Whatever the case, good luck and best wishes to one and all holders and investors.

Its your time. 

cheers. 

dealer0168      ( Date: 17-Sep-2010 17:08) Posted: Surprise sudden surge in price. Yo, sold off at $0.420 today. Cheers.

 

Haha..... as long as this stock is a stock that help us earn $$. Who care if she is arrogent.

Cheers

moneycow      ( Date: 17-Sep-2010 18:34) Posted: The lady Boss of DMX look like very arrogant- cocky ? over confident ? :) Hope its good for the company :) Breakout. dealer0168      ( Date: 25-Aug-2010 21:34) Posted: A company that local Venture Corp has stake in DMX: Rides on China's digital media revolution Written by Sim Kih Thursday, 26 August 2010 00:00 It's easier for DMX to move analog video to the Internet than for Google or Yahoo to produce video content. Graphic: China's no.1 video website, Ku6. DMX’S ENERGETIC LADY boss, Ms Jismyl Teo, is very excited about the development of the pay-TV market in China, where it is a leading digital media solutions provider. At home in Singapore, Singtel’s mio TV and Starhub’s cable TV, each with over 100 channels of current affairs, sports, education movies and entertainment from TV stations around the world has been around for some years. In contrast, China’s digital media industry is nascent and growing, said the lady CEO during an investor briefing yesterday, when she shared how its mandate to switch cable operators from analog to digital content delivery by 2015 is benefiting DMX. Not possible in the analog days, any episode of popular Chinese TV drama is now easily searchable on www.ku6.com, which comes with home video-sharing features not unlike Youtube’s. DMX's energetic lady CEO, Ms Jismyl Teo, talked animatedly as she stood for over 2 hours at yesterday's investor meeting. DMX generated US$58.6 million of revenues during 2Q10, of which 74% came from China, compared with 72% in 2Q09. The macro numbers look exciting: Firstly, the government mandate has set the stage for “3-network convergence” - that is, integrating cable, telecom and Internet. And China has earmarked some US$5 billion of capital expenditure for this over the next two to three years. Secondly, China’s cable TV market is expected to more than double its digital cable TV subscribers from 63 million in 2009 to 165 million by 2015. In the past, systems integration for information communication technology (ICT, or the design and installation of IT architecture that connects a myriad of ICT equipment including servers and routers as well as diverse solutions ranging from data security, application acceleration and bandwidth management) contributed the bulk of DMX’s revenues.     Network equipment service providers FY09 sales S$m Operating margin 2q10 profit (S$m) QoQ growth PE DMX 276.8 6.5% 4.0 131% 18.1 NERA TELECOM 171.7 5.3% 3.0 38% 12.0 SINOTEL TECH 113.5 26.8% 8.7 47% 4.0 8TELECOM 118.0 19.9% 6.2 361% 4.8 But in Dec last year, KDDI, Japan’s no.2 telco player and the world’s only provider of fixed line, mobile and broadcasting services under-one-roof, took a 52%-stake in DMX by injecting S$183 million of cash. With KDDI’s strong mobile and network convergence connection, Ms Teo envisions digital media to contribute half of the group’s top line in 5 years. ”We are targeting earnings growth of 20% or more a year over the next 5 years,” she adds.

 

The lady Boss of DMX look like very arrogant- cocky ? over confident ? :)

Hope its good for the company :)

Breakout.

dealer0168      ( Date: 25-Aug-2010 21:34) Posted: A company that local Venture Corp has stake in DMX: Rides on China's digital media revolution Written by Sim Kih Thursday, 26 August 2010 00:00 It's easier for DMX to move analog video to the Internet than for Google or Yahoo to produce video content. Graphic: China's no.1 video website, Ku6. DMX’S ENERGETIC LADY boss, Ms Jismyl Teo, is very excited about the development of the pay-TV market in China, where it is a leading digital media solutions provider. At home in Singapore, Singtel’s mio TV and Starhub’s cable TV, each with over 100 channels of current affairs, sports, education movies and entertainment from TV stations around the world has been around for some years. In contrast, China’s digital media industry is nascent and growing, said the lady CEO during an investor briefing yesterday, when she shared how its mandate to switch cable operators from analog to digital content delivery by 2015 is benefiting DMX. Not possible in the analog days, any episode of popular Chinese TV drama is now easily searchable on www.ku6.com, which comes with home video-sharing features not unlike Youtube’s. DMX's energetic lady CEO, Ms Jismyl Teo, talked animatedly as she stood for over 2 hours at yesterday's investor meeting. DMX generated US$58.6 million of revenues during 2Q10, of which 74% came from China, compared with 72% in 2Q09. The macro numbers look exciting: Firstly, the government mandate has set the stage for “3-network convergence” - that is, integrating cable, telecom and Internet. And China has earmarked some US$5 billion of capital expenditure for this over the next two to three years. Secondly, China’s cable TV market is expected to more than double its digital cable TV subscribers from 63 million in 2009 to 165 million by 2015. In the past, systems integration for information communication technology (ICT, or the design and installation of IT architecture that connects a myriad of ICT equipment including servers and routers as well as diverse solutions ranging from data security, application acceleration and bandwidth management) contributed the bulk of DMX’s revenues.     Network equipment service providers FY09 sales S$m Operating margin 2q10 profit (S$m) QoQ growth PE DMX 276.8 6.5% 4.0 131% 18.1 NERA TELECOM 171.7 5.3% 3.0 38% 12.0 SINOTEL TECH 113.5 26.8% 8.7 47% 4.0 8TELECOM 118.0 19.9% 6.2 361% 4.8 But in Dec last year, KDDI, Japan’s no.2 telco player and the world’s only provider of fixed line, mobile and broadcasting services under-one-roof, took a 52%-stake in DMX by injecting S$183 million of cash. With KDDI’s strong mobile and network convergence connection, Ms Teo envisions digital media to contribute half of the group’s top line in 5 years. ”We are targeting earnings growth of 20% or more a year over the next 5 years,” she adds.

 

Dual Listing in the making. Cheers.

 

Surprise sudden surge in price. Yo, sold off at $0.420 today.

Cheers.

 

A company that local Venture Corp has stake in

 

Current DMX Tech's chart looks bearish.
http://mystocksinvesting.com/singapore-stocks/dmx-tech/dmx-tech-forming-a-falling-wedge/