|Bid||0.0230 x 0|
|Ask||0.0240 x 0|
|Day's range||0.0230 - 0.0230|
|52-week range||0.0200 - 0.0330|
|Beta (3Y monthly)||1.13|
|PE ratio (TTM)||N/A|
|Forward dividend & yield||N/A (N/A)|
|1y target est||N/A|
SINGAPORE (July 3): Addvalue Technologies has entered into an agreement with an Indonesian company which specialises in providing satcom and IT solutions to the Indonesian government and its military agency. In addition, the partner is also promoting Addvalue’s Value Added Services and Solutions (VASS) for Internet-of-Things (IoT) and Machine-to-Machine (M2M) markets, including one in meeting the needs for rural banking in Indonesia. Addvalue says there is an addressable market of more than 12,000 rural banking ATMs in Indonesia, of which 50% needs satellite connectivity in the near future.
SINGAPORE (Oct 18): Addvalue Technologies has for the first time provided an indication of the value of its intellectual property (IP) assets – and that it anticipates a few more Inter-Satellite Data Relay System (IDRS) contracts to be signed for the remaining financial year ending March 2019. The revelation comes as part of the group’s response to two separate shareholder queries received via its website, both of which called for more information about Addvalue’s growth potential, market size of its businesses, and valuation of its IPs. “It is my concern that the company’s share price has been plummeting despite many positive announcements made on IDRS, SDR contracts and others (which had been ignored by the market).