Creative Technology

[winston]

not vested

CREATIVE ($3.45, down 7) has delayed the launch of HanZpad till later this year from end May, because certain components “could not
be delivered”.

In its place, and totally unexpected, Creative launched Sound Blaster Axx targeting the “casual users and not hardcore audiophiles”.

Founder Sim Wong Hoo may be wise not to raise expectations from SB Axx (first SB was launched in 1989), but note that it was the excitement overHanZpad’s “enormous potential” in China that had pushed the stock from around $2.40 before the Beijing media briefing in February to a high of $5.05 in a matter of only 2 days.

We would join Sim and Creative’s fans to pray that his team “would not fall in the last 500m of the marathon”.

Creative’s share price closed at $3.45 on friday, well off $3.90 (up 43 cents or 12%) that it had risen to on Wed Jun 6th from the day
before, in response to the SB Axx launch, as investors “realized” the “star” was supposed to be HanZpad and not SB Axx.

We maintain SELL.


Source: Lim & Tan

[iam802]

analyst report?

[iam802]

Let's see if this goes down.

Maybe must also ask Town Councils if they invests in Creative.

--

2013Jan-Creative 50-800x600.png

[iam802]

Creative always has that invisible hand.

Is it time?

--

Creative.png

[behappyalways]

Creative Technology posts widened net losses in FY2015
http://sgx.i3investor.com/servlets/fdnews/53409.jsp

[behappyalways]

Creative Technology says Apple to pay for patent licence in lawsuit settlement; Creative shares up 44%
http://sgx.i3investor.com/servlets/fdnews/55145.jsp

[winston]

not vested

Before its downward spiral, Creative was a one-time tech darling which rose to global prominence in the 1980s with the introduction of the massively popular SoundBlaster soundcards.

Currently trading at 8.7 times earnings, the company is now banking on virtual reality as its next driver of growth, with the introduction of a VR headset called the BlasterX andVR software BlasterZone.

Source: The Edge

[winston]

not vested

Oct 28, 2016

Creative Technology's 1Q17 revenue dropped 23% YoY to US$17.3m while PATMI improved from a loss of US$13.9 in 1Q16 to a loss of US$6.2m.

Source: OCBC

[behappyalways]

Creative posts US$6.5 million in net losses for 2Q17
http://www.theedgemarkets.com.sg/sg/art ... osses-2q17

[behappyalways]

Creative CEO Sim Wong Hoo is sticking to S’pore, regardless
http://mothership.sg/2017/05/creative-c ... egardless/