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$AlphaDX(VVL.SI)
Based on the latest press release, " Alpha DX Registers Net Profit of S$109.1 Million in HY2021, Mainly from the Disposal of Oil & Gas Business Building Up Strong Pipeline in the E-Learning Market in Asia"
In the press release it also showcase what the company has done over the months!
But what I want to showcase is the article below, showing that the next wave of edtech will be huge!
In addition, my opinion is that as China turn their tution business into non-profit, edtech could be the next stage of growth.
DYODD.
https://www.edsurge.com/news/2021-07-30-the-next-wave-of-edtech-will-be-very-very-big-and-global
This Google report shows how Online Education has grown substantially since COVID-19 pandemic...
They have been serving the Singapore government agencies hence track record is there.
Alpha DX will be an interesting company to watch in the coming months...DYODD
https://www.thinkwithgoogle.com/intl/en-apac/consumer-insights/consumer-journey/e-conomy-sea-2020-resilient-and-racing-ahead-what-marketers-need-to-know-about-this-years-digital-shifts/?utm_medium=cpc& utm_source=Google& utm_team=twg-apac& utm_campaign=202011-seaeconomygenericpm-sg-en& gclid=CjwKCAjw9uKIBhA8EiwAYPUS3LlpiES0a-w-TZIwFzHjOzXi6fA9Pv3EqGBmU2aaBhLXtrhN4CcvtBoCxtkQAvD_BwE& gclsrc=aw.ds
They have been serving the Singapore government agencies hence track record is there.
Alpha DX will be an interesting company to watch in the coming months...DYODD
https://www.thinkwithgoogle.com/intl/en-apac/consumer-insights/consumer-journey/e-conomy-sea-2020-resilient-and-racing-ahead-what-marketers-need-to-know-about-this-years-digital-shifts/?utm_medium=cpc& utm_source=Google& utm_team=twg-apac& utm_campaign=202011-seaeconomygenericpm-sg-en& gclid=CjwKCAjw9uKIBhA8EiwAYPUS3LlpiES0a-w-TZIwFzHjOzXi6fA9Pv3EqGBmU2aaBhLXtrhN4CcvtBoCxtkQAvD_BwE& gclsrc=aw.ds
Never say never.
Who knows.....eventually may get to there.
But must keep long long for sure.
One step or several steps at a time....so long keep securing new businesses/contracts....one day we will see it.
Who knows.....eventually may get to there.
But must keep long long for sure.
One step or several steps at a time....so long keep securing new businesses/contracts....one day we will see it.
Huatsweeswee ( Date: 15-Aug-2021 21:17) Posted:
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Don't think so lucky will reach $1.3
peterwong321 ( Date: 15-Aug-2021 16:32) Posted:
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I still got old Alpha about 500 lots now become 12,500 shares .... selling now is going to loss big, hold and let it create news for us to run and sell to others
Alpha is another champ in creating news to move up and catch retailer, if want to invest need to keep long
More cash for the company warchest ..nice .Monday get ready to run
Alpha DX Registers Net Profit of S$109.1 Million in HY2021, Mainly from the Disposal of Oil & Gas Business
Building Up Strong Pipeline in the E-Learning Market in Asia
Singapore, 13 August 2021 &ndash Alpha DX Group Limited, (&ldquo Alpha DX&rdquo , the &ldquo Company&rdquo and together with its subsidiaries, the &ldquo Group&rdquo ), a premier learning and education solution company, has announced its first half financial results ending on 30 June 2021 (&ldquo HY2021&rdquo ).
Formerly known as Alpha Energy Holdings Limited, the Group has transformed itself in January 2021 with fund raising and restructuring initiatives under the leadership of technology and financial veterans in the learning and education industry.
Discontinued Operations
The Group has completed the disposal of its oil and gas business in May 2021, registering a nonrecurring gain of other income of S$117.0 million. With the disposal, the financial results of the oil and gas business have been presented as discontinued operations.
Continuing Operations
The financial results of the continuing operations reflect the operations of the Group&rsquo s Digital Transformation in Learning and Education (&ldquo DTLE&rdquo ) business and investment holdings. The DTLE business registered revenue of S$4.4 million with cost of sales of S$3.3 million due to the consolidation of Zionext Pte. Ltd. (formerly known as Kydon Learning Systems Institute Pte. Ltd.) and its subsidiaries (&ldquo ZioNext Group&rdquo ) following the completion of the in January 2021. ZioNext Group contributed a gross profit margin of 25.3% in HY2021.
As a premier digital learning agency offering advanced learning technology solutions and custom digital learning content, the Group&rsquo s customers includes government agencies, education institutions to corporations.
For the next 12 months, the Group will target to finalise the various negotiations concerning acquisitions, investments, joint ventures and or/strategic alliance and partnership with several major corporations, academic institutions and government agencies across countries such as Singapore, Malaysia, Indonesia, Philippines, China, Thailand, Japan, India, Canada, Australia and Uzbekistan.
Moving ahead, the Group will continue to timely update shareholders on its corporate development plans.
Alpha DX&rsquo s CEO, Mr Daiji Yamada, said, &ldquo Despite of the obstacles and challenges brought by the lingering COVID-19 outbreak, the Group has successfully transformed itself from a challenging oil and gas business to a high-growth learning solution enterprise.
Ironically, the COVID-19 pandemic has accelerated the growth of remote digital learning globally, turning it into one of the fastest
growing blue ocean maket segment in the new era.
With the seeds that have been sowed in the first 6 months, we look forward to harvest the fruits of our labour and deliver sustainable value for our stakeholders.&rdquo
$AlphaDX(VVL.SI) This seems like a good start. Normally if it is good under a government agency contracts, it is highly likely it will be recurring - especially in education.
Alpha DX&rsquo s Subsidiary Secures New S$1.0 Million Contract for the Development of a Common Service Application (System) from a Singapore Government Agency
https://links.sgx.com/FileOpen/20210726%20Alpha%20DX%20Group-MQ-Press%20Release.ashx?App=Announcement& FileID=675801
Ya, think need to show actual results.
Seems like no interest
gravity8888 ( Date: 27-Jul-2021 09:11) Posted:
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Moving soon
Alpha DX&rsquo s Subsidiary Secures New S$1.0 Million Contract for the Development of a Common Service Application (System) from a Singapore Government Agency
Singapore, 26 July 2021 &ndash Alpha DX Group Limited, (&ldquo Alpha DX&rdquo , the &ldquo Company&rdquo and together with its subsidiaries, the &ldquo Group&rdquo ), a premier learning and education solution company, is pleased to announce that its wholly-owned subsidiary, MQ Spectrum Pte Ltd, a subsidiary of Zionext Pte Ltd has received a purchase order on 24 June 2021 for the development of an application for a government project with a total contractual value of SGD 1 million, which is among several other similar development projects that the Company is pursuing in its pipeline.
The Company had on 21 July 2021 obtained approval from the Singapore government agency for the announcement. Due to the confidential nature of the project, the details of the contract cannot be shared. The contract is not expected to have any material impact on the net tangible assets or earnings per share of the Company for the current financial year ending 31 December 2021.
MQ Spectrum is one of Singapore&rsquo s leading information system and digital content developer utilising ubiquitous digital learning solutions. Combining collaborative innovation with bizSAFE 3 and ISO9001:2015 certifications, MQ Spectrum has an established track record for enabling corporate, academic and government institutions to develop stronger, modernized solutions for their digital business needs.
According to Global Market Insights Inc., the global digital-learning market size surpassed USD 250 billion in 2020 and is anticipated to grow at an exponential CAGR of over 21% between 2021 and 2027. (1)
The introduction of several new technologies, particularly in the area of Artificial Intelligence (AI), Virtual Reality (VR), Augmented Reality (AR), Block-chain, Internet of Things (IoT) and biometric sensors, will not only drive the market growth but transform social systems (such as education and business infrastructure) as a whole.
Alpha DX has been proactively adding and integrating such technologies through acquisitions, partnerships, joint ventures or strategic alliances with various private enterprises and government agencies. Moving ahead, Alpha DX will continue to make timely updates of its new acquisitions and partnerships.
The COVID-19 pandemic has further transformed the digital-learning market with the closure of schools and universities globally. According to UNESCO, in March 2020, over 1.2 billion students in 186 countries were affected by school closures due to the pandemic. Countries that are worst hit by the coronavirus pandemic have seen unprecedented growth in remote learning solutions.(1)
With a strategic focus on integrating digital technology and education and through collaborations and partnerships with education and learning institutions, the Group aims to transform learning and education to a fully personalised and ubiquitous learning experience for all learners across the world.
Formerly known as Alpha Energy Holdings Limited, the Group has transformed itself in January 2021 with fund raising and restructuring initiatives under the leadership of technology and financial veterans in the learning and education industry.
Alpha DX&rsquo s CEO, Mr Daiji Yamada, said, &ldquo We are excited to secure this contract to support our client&rsquo s ongoing digital transformation journey. As a Digital Transformation (DX) enabler, we look forward to support the Singapore government, education institutions and business enterprises in their digital transformation initiatives with the synergistic integration of our technology capabilities, methodologies and human capital.
With ever-growing needs for digital transformation worldwide in all aspects of communities and economic activities, Alpha DX&rsquo s solutions has continued to draw strong interest globally from the business community and the capital markets for our &ldquo Ubiquitous Learning Super Platform&rdquo .
We are aggressively pursuing new contracts, acquisitions, partnership and projects globally and we will continue to make timely updates to our stakeholders.&rdquo
No volume. Guess no interest until result announcement.....
Aiyo, this news already released more than 10 days ago la.
For_The_Next_Leg ( Date: 02-Jul-2021 12:31) Posted:
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$AlphaDX(VVL.SI)
Nice!
LEARNING solutions firm Alpha DX Group on Tuesday announced that it has entered into a non-binding memorandum of understanding (MOU) with DiDi Investments to acquire its Japan-based private higher education institution, DiDi Academy.
Through the agreement, students of DiDi Academy in Japan will be able to enrol in courses including full bachelor and master degrees directly from its overseas partner universities through a universal learning platform by 2023, without needing to leave the country, said the group in a stock exchange filing.
https://www.businesstimes.com.sg/companies-markets/alpha-dx-enters-mou-with-didi-investments-to-acquire-japanese-academy
The Japanese CEO alots of lobangs for AlphaDX even open trading market for Japan platform
I intent to add more :))
This company is on a roll with regards to joint ventures and acquisitions.
Moving in the right direction. go go go. China is a huge market