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A few Updates:
tax assessment dispute from past years:
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2018: 4 mils (205k settlement)
2019: 7.81 mils (Pending)
2021: 3.62 mils (1.77 mils settlement)
And few lawsuits for outstanding payment owed to Neratel:
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0.33 mils against Suntel Engineering (M) Sdn Bhd
1.04 mils against I-Setia Sdn Bhd
0.38 mils against GB Marketing & Management Sdn Bhd
6.14 mils against PT Wiman Sinergi Teknologi
COMPLETION OF THE PROPOSED DISPOSAL OF THE PROPERTY AT 109 DEFU LANE 10 SINGAPORE 539225
Net Gain of 6.156 mils
tax assessment dispute from past years:
------------------------------------------------------
2018: 4 mils (205k settlement)
2019: 7.81 mils (Pending)
2021: 3.62 mils (1.77 mils settlement)
And few lawsuits for outstanding payment owed to Neratel:
------------------------------------------------------------------------
0.33 mils against Suntel Engineering (M) Sdn Bhd
1.04 mils against I-Setia Sdn Bhd
0.38 mils against GB Marketing & Management Sdn Bhd
6.14 mils against PT Wiman Sinergi Teknologi
COMPLETION OF THE PROPOSED DISPOSAL OF THE PROPERTY AT 109 DEFU LANE 10 SINGAPORE 539225
Net Gain of 6.156 mils
Win contract is one thing....look at Yongnam millions still down the drain
Can make money anot??
Why this company keep having tax assessment notice from past years ???
4 mils for 2018
7.81 mil for 2019
1.77 mils for 2021 (settled)
And few lawsuits for outstanding payment:
0.33 mils against Suntel Engineering (M) Sdn Bhd
1.04 mils against I-Setia Sdn Bhd
0.38 mils against GB Marketing & Management Sdn Bhd
6.14 mils against PT Wiman Sinergi Teknologi
4 mils for 2018
7.81 mil for 2019
1.77 mils for 2021 (settled)
And few lawsuits for outstanding payment:
0.33 mils against Suntel Engineering (M) Sdn Bhd
1.04 mils against I-Setia Sdn Bhd
0.38 mils against GB Marketing & Management Sdn Bhd
6.14 mils against PT Wiman Sinergi Teknologi
Just announced a new order contract of 19m again, yet no volume at all
NERA TELECOMMUNICATIONS LTD AWARDED CONTRACTS WORTH APPROXIMATELY SGD17 MILLION
The Board of Directors of Nera Telecommunications Ltd (&ldquo the Company&rdquo ) is pleased to announce that the Company has recently secured contracts worth a combined value of approximately SGD17 million (the &ldquo Contracts&rdquo ).
Inked with three major service providers in Southeast Asia, the Contracts cover a 12-month period from January to December 2022, in which the Company is responsible for the provision of tech refresh services comprising delivery of IT equipment and peripherals such as computer hardware, software, servers and ancillary equipment, as well as a Managed Services component, which involves the day-to-day management, operation and maintenance of said equipment. The Company will also provide 24x7 support services and network performance monitoring via its Network Operations Center (NOC), to ensure the customers&rsquo Service Level Agreements (SLAs) are met.
The Contracts are expected to have a significant positive impact on the performance of the Company for the current financial year.
BY ORDER OF THE BOARD Chan Wan Mei and Chan Lai Yin Joint Company Secretaries 6 September 2022
https://links.sgx.com/1.0.0/corporate-announcements/9GJOG6B8O3L348X8/730941_NeraTel_Contracts_Received_17mil.pdf
The Board of Directors of Nera Telecommunications Ltd (&ldquo the Company&rdquo ) is pleased to announce that the Company has recently secured contracts worth a combined value of approximately SGD17 million (the &ldquo Contracts&rdquo ).
Inked with three major service providers in Southeast Asia, the Contracts cover a 12-month period from January to December 2022, in which the Company is responsible for the provision of tech refresh services comprising delivery of IT equipment and peripherals such as computer hardware, software, servers and ancillary equipment, as well as a Managed Services component, which involves the day-to-day management, operation and maintenance of said equipment. The Company will also provide 24x7 support services and network performance monitoring via its Network Operations Center (NOC), to ensure the customers&rsquo Service Level Agreements (SLAs) are met.
The Contracts are expected to have a significant positive impact on the performance of the Company for the current financial year.
BY ORDER OF THE BOARD Chan Wan Mei and Chan Lai Yin Joint Company Secretaries 6 September 2022
https://links.sgx.com/1.0.0/corporate-announcements/9GJOG6B8O3L348X8/730941_NeraTel_Contracts_Received_17mil.pdf
Turning around with number of new orders.
Under rated with huge potential.
Under rated with huge potential.
Old CEO stepped down due to personal reasons/other opportunities
That' s why need to employ new CEO to fill up the vacant position
Nothing alarming here, people come and go
But if the old one is asked to step down or fired, then maybe that is something...?
That' s why need to employ new CEO to fill up the vacant position
Nothing alarming here, people come and go
But if the old one is asked to step down or fired, then maybe that is something...?
bornloser ( Date: 08-Feb-2022 19:27) Posted:
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New CEO better than previous one?
Can add value to the company????
Nera Telecommunications appoints new CEO and executive director
Communications and network solutions provider Nera Telecommunications has appointed Chong Hoi Ming as CEO and executive director.
As part of his role &ndash which kicked off on Feb 7 &ndash Chong will lead the group by charting its next phase of growth in systems integration and technology-related areas.
A veteran in the IT industry, Chong brings with him over 26 years of experience in corporate leadership including change and general management.
He is also experienced in senior management roles such as handling specialist IT infrastructure solutions, applications and services in international, multi-cultural environments.
Chong succeeds Beck Tong Hong who is stepping down to pursue personal interests and other opportunities.
&ldquo I am honoured to be given the opportunity by the Board to lead NeraTel in its next phase of growth,&rdquo Chong says in a regulatory filing.
Going forward, he is looking to build on the group&rsquo s strong foundation and drive core strategies, particularly in the areas of Systems Integration, Cybersecurity and 5G-related opportunities.
Chong and his team are also on the lookout for new growth areas in various market segments and geographical coverage.
Prior to this, Chong has worked in various capacities at Dimension Data Asia-Pacific, a global company that is a member of the NTT group.
Key roles he has played include setting up Dimension Data&rsquo s digital proposal shared services center to support business in the Asia Pacific region.
Shares in NeraTel closed down a cent or 9.26% to 9.8 cents on Feb 7, before the announcement.
https://www.theedgesingapore.com/capital/new-appointments/nera-telecommunications-appoints-new-ceo-and-executive-director
Chance to dig out of the hole?
https://links.sgx.com/1.0.0/corporate-announcements/DA03305IOPML5B18/f82d88e5ca35c71c5bd933db725a5d99efddc5114e2ae36d3f8e8a2b473d03d5
https://links.sgx.com/1.0.0/corporate-announcements/DA03305IOPML5B18/f82d88e5ca35c71c5bd933db725a5d99efddc5114e2ae36d3f8e8a2b473d03d5
It used to be one of the gem like some of the investors here said but I just doubt it was so good, as their business heavily depends on telco and payment devices business they sold off during good time.
They are doing business with telcos. so even telcos are suffering badly now, losing revenue and profit as they no longer able to charge consumers astronomical price $10 per GB of data, and high licensing fees of 5G paying to the authority.
For those who gotten the generous dividends and managed to get away, good for them.
They are doing business with telcos. so even telcos are suffering badly now, losing revenue and profit as they no longer able to charge consumers astronomical price $10 per GB of data, and high licensing fees of 5G paying to the authority.
For those who gotten the generous dividends and managed to get away, good for them.
PhillipTan ( Date: 13-Jan-2022 15:00) Posted:
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NeraTel receives bills of demand relating to tax liabilities of S$3.62m
NERA Telecommunications NeraTel: N01 +2.4% said its foreign subsidiaries have received bills of demand relating to tax liabilities for an estimated total amount of S$3.62 million.
The total tax liability payable pursuant to a tax audit conducted in 2021 is expected to have a material financial impact on the mainboard-listed group, the IT infrastructure provider with a market value of about S$45 million said in a regulatory filing on Friday (Jan 14).
Nera Telecommunications added that it is seeking tax advisers' opinions on the matter and is also engaged in negotiations with tax authorities to determine the final amount of tax liability payable.
The Singapore company with a global footprint in over 15 countries did not name the jurisdictions where the tax liabilities arose.
Wow, this stock is really a goner
Permanent down trend and no one invested from the way no one is even discussing about it anymore lol
Permanent down trend and no one invested from the way no one is even discussing about it anymore lol
https://links.sgx.com/1.0.0/corporate-announcements/ZSLE7JUC18GER1A5/677659_NeraTel_Profit_Guidance_1H2021.pdf
More bad news.
More bad news.
Wow, really a dead stock lol
From the extracted report below in Apr' 21, it seems like this company is a goner
Net proft after taxes
2016 - 3.89m
2017 - 7.76m
2018 - 7.75m
2019 - 3.95m
2020 - 3.76m
In his essay The Superinvestors of Graham-and-Doddsville Warren Buffett described how share prices do not always rationally reflect the value of a business. One way to examine how market sentiment has changed over time is to look at the interaction between a company' s share price and its earnings per share (EPS).
During the five years over which the share price declined, Nera Telecommunications' earnings per share (EPS) dropped by 22% each year. Notably, the share price has fallen at 19% per year, fairly close to the change in the EPS. This suggests that market participants have not changed their view of the company all that much. Rather, the share price has approximately tracked EPS growth.
What about the Total Shareholder Return (TSR)?
Investors should note that there' s a difference between Nera Telecommunications' total shareholder return (TSR) and its share price change, which we' ve covered above. Arguably the TSR is a more complete return calculation because it accounts for the value of dividends (as if they were reinvested), along with the hypothetical value of any discounted capital that have been offered to shareholders. Nera Telecommunications' TSR of was a loss of 43% for the 5 years. That wasn' t as bad as its share price return, because it has paid dividends.
A Different Perspective
Nera Telecommunications shareholders are up 15% for the year. Unfortunately this falls short of the market return. But at least that' s still a gain! Over five years the TSR has been a reduction of 7% per year, over five years. So this might be a sign the business has turned its fortunes around. It' s always interesting to track share price performance over the longer term. But to understand Nera Telecommunications better, we need to consider many other factors. Take risks, for example - Nera Telecommunications has 4 warning signs (and 2 which are concerning) we think you should know about.
1) Earnings have declined by 18.4% per year over past 5 years
2) Debt is not well covered by operating cash flow
3) Unstable dividend track record
3) Does not have a meaningful market cap (SGD 69M)
Earnings
- Earnings Trend: N01' s earnings have declined by 18.4% per year over the past 5 years.
- Accelerating Growth: N01' s has had negative earnings growth over the past year, so it can' t be compared to its 5-year average.
- Earnings vs Industry: N01 had negative earnings growth (-4.8%) over the past year, making it difficult to compare to the Communications industry average (2.6%).
Debt
- Debt Level: N01' s debt to equity ratio (43%) is considered high.
- Reducing Debt: N01' s debt to equity ratio has increased from 29.1% to 43% over the past 5 years.
- Debt Coverage: N01' s debt is not well covered by operating cash flow (11%).
- Interest Coverage: N01' s interest payments on its debt are well covered by EBIT (11.9x coverage).
Dividends
- Stable Dividend: N01' s dividend payments have been volatile in the past 10 years.
- Growing Dividend: N01' s dividend payments have fallen over the past 10 years.
Market Cap
- Market Cap: S$69.484m
- Shares outstanding: 361.90m
Net proft after taxes
2016 - 3.89m
2017 - 7.76m
2018 - 7.75m
2019 - 3.95m
2020 - 3.76m
In his essay The Superinvestors of Graham-and-Doddsville Warren Buffett described how share prices do not always rationally reflect the value of a business. One way to examine how market sentiment has changed over time is to look at the interaction between a company' s share price and its earnings per share (EPS).
During the five years over which the share price declined, Nera Telecommunications' earnings per share (EPS) dropped by 22% each year. Notably, the share price has fallen at 19% per year, fairly close to the change in the EPS. This suggests that market participants have not changed their view of the company all that much. Rather, the share price has approximately tracked EPS growth.
What about the Total Shareholder Return (TSR)?
Investors should note that there' s a difference between Nera Telecommunications' total shareholder return (TSR) and its share price change, which we' ve covered above. Arguably the TSR is a more complete return calculation because it accounts for the value of dividends (as if they were reinvested), along with the hypothetical value of any discounted capital that have been offered to shareholders. Nera Telecommunications' TSR of was a loss of 43% for the 5 years. That wasn' t as bad as its share price return, because it has paid dividends.
A Different Perspective
Nera Telecommunications shareholders are up 15% for the year. Unfortunately this falls short of the market return. But at least that' s still a gain! Over five years the TSR has been a reduction of 7% per year, over five years. So this might be a sign the business has turned its fortunes around. It' s always interesting to track share price performance over the longer term. But to understand Nera Telecommunications better, we need to consider many other factors. Take risks, for example - Nera Telecommunications has 4 warning signs (and 2 which are concerning) we think you should know about.
1) Earnings have declined by 18.4% per year over past 5 years
2) Debt is not well covered by operating cash flow
3) Unstable dividend track record
3) Does not have a meaningful market cap (SGD 69M)
Earnings
- Earnings Trend: N01' s earnings have declined by 18.4% per year over the past 5 years.
- Accelerating Growth: N01' s has had negative earnings growth over the past year, so it can' t be compared to its 5-year average.
- Earnings vs Industry: N01 had negative earnings growth (-4.8%) over the past year, making it difficult to compare to the Communications industry average (2.6%).
Debt
- Debt Level: N01' s debt to equity ratio (43%) is considered high.
- Reducing Debt: N01' s debt to equity ratio has increased from 29.1% to 43% over the past 5 years.
- Debt Coverage: N01' s debt is not well covered by operating cash flow (11%).
- Interest Coverage: N01' s interest payments on its debt are well covered by EBIT (11.9x coverage).
Dividends
- Stable Dividend: N01' s dividend payments have been volatile in the past 10 years.
- Growing Dividend: N01' s dividend payments have fallen over the past 10 years.
Market Cap
- Market Cap: S$69.484m
- Shares outstanding: 361.90m
that is why it is like a lost gem now
not_98percent ( Date: 28-Mar-2021 16:22) Posted:
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......... held a big-portion years ago ..... it lost its mojo ...... it missed the 4G/5G infra build-up n was slow to " see" the migration to virtual e-payment ... stuck in time-warp ...
PhillipTan ( Date: 27-Mar-2021 22:06) Posted:
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hidden gem seems more like a lost gem now
$0.005 dividends, I was hoping for more