| Latest Forum Topics / Creative Last:0.9 -- |
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Creative, The Comeback Kid
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SmallSmall
Supreme |
09-Apr-2020 13:02
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x 0 Alert Admin |
Salted fish turn alive .....Do not short today | ||||
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PQTPQK
Supreme |
25-Mar-2020 15:30
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x 0
x 0 Alert Admin |
should reboundback to $2
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Lucas4
Veteran |
25-Mar-2020 15:22
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x 0 Alert Admin |
chiong ah follow hip and aem | ||||
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bigdragon966
Senior |
09-Mar-2020 17:47
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x 0
x 0 Alert Admin |
Thanks to hendriJB for showing the page. it is 1.99 today :)
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Ranieri
Senior |
27-Feb-2020 08:55
Yells: "Unlikely?!!! Yup, you better believe it!!!!" |
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x 0
x 0 Alert Admin |
Transparency is dead in Corporate Singapore. That is the sad news.
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Ranieri
Senior |
27-Feb-2020 08:53
Yells: "Unlikely?!!! Yup, you better believe it!!!!" |
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x 0
x 0 Alert Admin |
Huh????!!!!!!!!
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Lucky03
Elite |
27-Feb-2020 08:49
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x 0
x 0 Alert Admin |
Sim Wong Hoo should just privatise it like BreadTalk. | ||||
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Lucky03
Elite |
27-Feb-2020 08:46
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x 0
x 0 Alert Admin |
Nothing to look forward. The excitement with the new product is almost dead.
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HendriJB
Supreme |
21-Feb-2020 20:22
Yells: "Breathe, Step Back - Think " |
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Creative Incorporated in the Republic of Singapore Company Registration No.: 198303359D
Cessation of Quarterly Reporting Creative Technology Ltd (the ?Company?) wishes to inform shareholders of the Company that following the amendments to the Singapore Exchange Securities Trading Limited (?SGX-ST?) Listing Manual (Mainboard Rules) (?Amended Listing Rules?) which have taken effect as of 7 February 2020, the Company will not be required to release its financial statements on a quarterly basis. The Board of Directors of the Company has, after due deliberations, taking into consideration the compliance efforts required in connection with the quarterly reporting of the Company?s financial statements, decided not to continue with the quarterly reporting with immediate effect, and instead, the Company will announce the financial statements of the Company on a half-yearly basis, as required under the Amended Listing Rules. In view of the foregoing, the Company will not be announcing its financial statements for the third quarter ending 31 March 2020, but will be releasing its financial statements for the full financial year ending 30 June 2020 by not later than 60 days after the end of the financial year. Notwithstanding the foregoing, the Company will comply with its continuing disclosure obligations to keep shareholders updated as and when appropriate, should there be any material developments (financial or otherwise) relating to the Company and its subsidiaries. By Order of the Board Ng Keh Long Company Secretary 21 February 2020 |
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zandlery
Supreme |
20-Feb-2020 19:10
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x 0
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Actually Creative is a hope. If creative can go crazy pricing before when there are no actual value realise, other stocks can too.... 😂
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uiop1223
Supreme |
20-Feb-2020 18:52
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x 0
x 0 Alert Admin |
Can remove ?comeback kid? from the title? Its fake | ||||
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HendriJB
Supreme |
20-Feb-2020 18:49
Yells: "Breathe, Step Back - Think " |
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x 0
x 0 Alert Admin |
Now what is next for Creative? | ||||
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investshare
Supreme |
14-Feb-2020 19:35
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Not many stocks can screw 2 generations of shareholders.
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Starship
Supreme |
14-Feb-2020 16:03
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Creative is truly .................creative. After decades still promising a magical turnaround.    
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Ranieri
Senior |
14-Feb-2020 12:37
Yells: "Unlikely?!!! Yup, you better believe it!!!!" |
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x 0
x 0 Alert Admin |
Guidance for another money losing quarter. I tip my hat off to Creative-Damn consistent!!!! | ||||
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HendriJB
Supreme |
30-Jan-2020 19:17
Yells: "Breathe, Step Back - Think " |
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Creative Tech
REVIEW OF GROUP PERFORMANCE CONSOLIDATED INCOME STATEMENT Net Sales Net sales for the second quarter and first half year of FY2020 increased by 6% compared to the same periods in the corresponding year. Gross Profit Gross profit margin at 28% in the second quarter and first half year of FY2020 was lower compared to 30% in the second quarter and 29% in the first half year of FY2019 due mainly to an increased in cost of sales for certain products sold in the US resulting from higher US tariffs levied on these products from China. Gross profit margin in the second quarter and first half year of FY2020 was in line with the sales mix. Net Loss Net loss for the second quarter of FY2020 was US$2.8 million compared to US$4.9 million in the second quarter of FY2019. Net loss for the second quarter of FY2020 included other gains (net) of US$0.6 million compared to other losses (net) US$0.2 million in the second quarter of FY2019. Net loss for the second quarter of FY2020 also included depreciation of US$0.5 million on right-of-use assets relating to office leases resulting from a change in the accounting policy on leases. Net loss for the first half year of FY2020 was US$8.5 million compared to US$11.0 million in the first half year of FY2019. Net loss in the first half year of FY2020 included depreciation of US$0.9 million on right-of-use assets. Net loss in the first half year of FY2019 included other losses (net) of US$0.5 million. Selling, general and administrative expenses in the second quarter and first half year of FY2020 decreased by 21% and 16% compared to the second quarter and first half year of FY2019. The decrease in selling, general and administrative expenses was due mainly to the lower legal expenses for on-going litigations and write-back of provision for bad debts recovered through liquidation proceeds of a debtor. Research and development expenses in the second quarter and first half year of FY2020 was comparable to the same periods in the corresponding year. Other gains (net) of US$0.6 million in the second quarter FY2020 was due mainly to foreign exchange gain. Other losses (net) of US$0.2 million and US$0.5 million in the second quarter and first half year of FY2019 were due mainly to foreign exchange loss. The functional currency of the Company and its subsidiaries is predominantly the US dollar and accordingly, gains and losses resulting from the translation of monetary assets and liabilities denominated in currencies other than the US dollar are reflected in the determination of net income (loss). The exchange differences were due mainly to the cash and cash equivalent balances held by the Group. Cash and cash equivalents were held mainly in US dollar, with the balance mainly in Singapore dollar, Euro, British Pound and Japanese Yen. The exchange gain in the second quarter of FY2020 was due mainly to the appreciation of Singapore dollar, Euro and British Pound against the US dollar. The exchange loss in first half year of FY2020 was due mainly to the depreciation of Singapore dollar, Euro and British Pound against the US dollar in the first quarter of FY2020, offset partially by the appreciation of these currencies against the US dollar in the second quarter of FY2020. The exchange loss in the second quarter and first half year of FY2019 was due mainly to the depreciation of Euro and British Pound against the US dollar. BALANCE SHEETS The decrease in cash and cash equivalents was due to net cash used in operating activities (see below). Right-of-use assets and lease liabilities as at 31 December 2019 were in relation to the adoption of SFRS(I) 16 on 1 July 2019. The increase in trade payables was due mainly to a payment cycle crossing the second quarter of FY2020 which closed on 27 December 2019. The Group operates on a thirteen week calendar closing on the Friday nearest to the natural calendar quarter. CONSOLIDATED STATEMENTS OF CASH FLOWS Net cash used in operating activities of US$5.7 million in the first half year of FY2020 (first half year of FY2019: US$11.1 million) was due mainly to operating loss for the period, offset partially by an increase in trade payables. Cash flows from investing activities was not material. Net cash used in financing activities of US$0.8 million in the first half year of FY2020 (first half year of FY2019: not material) was due mainly to payment of lease and interest on lease liabilities in relation to the adoption of SFRS(I) 16.
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HendriJB
Supreme |
30-Jan-2020 19:01
Yells: "Breathe, Step Back - Think " |
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x 0 Alert Admin |
Creative Tech Financial Result
https://links.sgx.com/1.0.0/corporate-announcements/BTPH5O8F3BPRFDAF/Q220EarningsRelease.pdf |
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bigdragon966
Senior |
17-Jan-2020 14:08
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x 0 Alert Admin |
you are right, really bs awards These 6 are not reputable audio reviewers :Tom&rsquo s Guide, AVS Forum, NewGizmoBlog ,Gamespot Overclock, Pocket-lint, eTeknix same for the 15 ' awards' last year. In fact non is related to CES.
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Ranieri
Senior |
17-Jan-2020 12:00
Yells: "Unlikely?!!! Yup, you better believe it!!!!" |
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x 0
x 0 Alert Admin |
Yup, let it fly into the thrash bin. I can see that he has absolutely no clue as to how he wants to position himself in the Chinese market. SXFI debut-red ink..... SxFI Gen 2- More red ink.......
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Jesmar
Master |
17-Jan-2020 11:31
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x 0
x 0 Alert Admin |
Once Creative jv with DOLBY sound bar hit China market become a hit.....it will be back to good old days of $10/-....market has not priced in its recent award win and China market penetration through Shen zhen!!!! Sim knows best as he started with a small office at Pearl Centre umteen years ago to become what it is today. Proven track record.....now it' s time to grab before it fly.....Huat ah!!! Happy trading folks!!! | ||||
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