Creative Technology

Re: Creative Technology

Postby winston » Fri Feb 22, 2019 5:31 pm

not vested

SI RESEARCH: WILL CREATIVE TECHNOLOGY HIT ITS SECOND HOMERUN?

by Don Low

The company has partnered with iVideoSmart to allow users to have a taste of Super X-Fi for free on a limited basis.

iVideoSmart, a video publishing platform, has over 75 million unique monthly streamers in Asia and would allow Creative to rapidly scale up Super X-Fi user base.

Shipments to the US market would only commence meaningfully in 3Q19.

On a valuation perspective, at the share price of $5.57, stock of Creative is trading at a trailing 12-month 25.1 times price-to-earnings (P/E). However, stripping away the litigation settlements Creative received over the past 12 months, Creative would be in a net loss, rendering the positive P/E to be irrelevant for assessment.

Currently, the only investment merit – on a financial standpoint – for Creative is its strong balance sheet. Based on 1Q19 results, the company has US$75.3 million in cash against zero debt. At the current share price, the stock is changing hands at 2.6 times its book value.


Source: Shares Investments

http://aspire.sharesinv.com/59862/si-re ... d-homerun/
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Re: Creative Technology

Postby behappyalways » Mon Mar 11, 2019 7:27 am

Creative CEO personally comes down to IT Show to help customers with his products
https://mothership.sg/2019/03/creative- ... o-it-show/
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Re: Creative Technology

Postby winston » Fri May 31, 2019 4:00 pm

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Creative Technology announced that it is working with Taiwanese OEM computer manufacturer Clevo to integrate its groundbreaking Super X-Fi technology into Clevo’s next generation gaming laptops.

This collaboration with Clevo is in line with Creative’s announcement during CES 2019 (where
Super X-Fi bagged 15 Best of CES Awards) that it would be focusing strongly on the OEM front.

Clevo is one of the largest OEM laptop manufacturers, and markets its products in over 50 countries.

Source: Lim & Tan
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Re: Creative Technology

Postby behappyalways » Sat Aug 24, 2019 4:30 pm

Creative reverses into the red in FY19 on lower sales, absence of settlement from patent lawsuits
https://www.theedgesingapore.com/capita ... t-lawsuits
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Re: Creative Technology

Postby behappyalways » Sat Jan 04, 2020 6:42 pm

Creative Tech up as much as 11% on news Gen 2 Super X-Fi line-up wto be unveiled at CES 2020
https://www.theedgesingapore.com/news/t ... e-ces-2020
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Re: Creative Technology

Postby behappyalways » Fri Jan 31, 2020 1:23 pm

Creative Technology narrows 2Q losses
https://www.theedgesingapore.com/news/r ... -2q-losses
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Re: Creative Technology

Postby winston » Sun Aug 30, 2020 8:13 am

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Creative Technology's full-year loss widens to US$17.6 million after second-half sinks into red

Creative Technology's revenue for the full year rose 11 per cent to US$61.2 million, up from US$54.9 million a year ago.

SINGAPORE (THE BUSINESS TIMES) - Creative Technology's net loss for the fiscal year year ended June 30 widened to US$17.6 million, from a loss of US$3.8 million last year.

Revenue for the full year rose 11 per cent to US$61.2 million, up from US$54.9 million a year ago.

This came about as the home-grown audio firm sank into the red in the second half with a net loss of US$9.1 million compared with a net profit of US$7.2 million a year ago.

This was mainly due to other losses of US$1.1 million for the second half of the year, versus other gains of US$17.7 million for H2 FY2019, the mainboard-listed company said in a regulatory filing on Thursday night (Aug 27).

Other losses for the second half of FY2020 were mainly due to fair value loss on financial assets, while other gains for the year-ago period were mainly attributable to US$17.9 million received from the settlement of patent lawsuits, which were partially offset by fair value loss on financial assets, Creative said.

Loss per share stood at US$0.13 for the half year period, versus earnings per share of US$0.10 in the preceding year.

Revenue for H2 rose 17 per cent to US$29.9 million, from S$25.5 million a year earlier. This was due to an increase in sales from new products launched during the financial year, Creative said.

No dividend was declared for the half year, unchanged from a year ago.

Shares in Creative closed flat at $2.74 on Thursday, before its results announcement.

Source: ST

https://www.straitstimes.com/business/c ... 76-million
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Re: Creative Technology

Postby behappyalways » Mon Feb 08, 2021 2:19 pm

Creative Technology snaps dipping revenue trend with 52% y-o-y jump in sales for 1HFY2021
https://www.theedgesingapore.com/news/r ... s-1hfy2021
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Re: Creative Technology

Postby behappyalways » Sun Jul 04, 2021 6:53 pm

Creative Technology to report operating loss for FY2021
https://www.theedgesingapore.com/news/r ... oss-fy2021
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Re: Creative Technology

Postby behappyalways » Sun Jul 11, 2021 6:40 pm

It is expected to contribute US$9.1 million to the group’s net profit after accounting for the net book value of $0.6 million and estimated expenses and taxes.

Creative Technologies sells US office building for US$11.13 mil
https://www.theedgesingapore.com/news/p ... us1113-mil
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