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Sync Performance thro Innovation in Comm&Entertain
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Belteshazzar
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16-Nov-2010 10:16
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modi needs to come in buying more.... | |||||||||||||||||||||||||||||||||||||||||||||
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ROI25per
Master |
16-Nov-2010 07:24
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revenue will meet, but profit how? it has become extremely low margin business; maybe selling phones too cheap to spice mobility | |||||||||||||||||||||||||||||||||||||||||||||
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rocketbrain
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15-Nov-2010 22:50
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i follow this spicey biz since July, I think their JV started in March 2010, so Year 1 projection should be till March 2011, so now revenue per quarter is US$ 65mil(combined), I think JV should exceed $90mil projection by March next year
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ROI25per
Master |
15-Nov-2010 08:40
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It seems like spice not getting wat is committed from CSL as below 2.1.5 As contemplated by the JV Announcement, DEC committed to use best efforts to achieve the Newco Forecast. Under the terms of the SHA, DEC has given a further commitment in respect of Years 4 and 5, such that he has committed to use his best efforts to achieve the following revenue and profit figures for Spice-CSL and its subsidiaries (the “Extended Forecast”): US$ (million) Year 1 Year 2 Year 3 Year 4 Year 5 Revenue 90 150 200 280 350 Profit (before tax) 9 12 14 18 21 |
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Belteshazzar
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15-Nov-2010 08:11
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it is the foreign exchange gain that boost the profit to 3.122m, actual operating profit is 571k only Foreign exchange gain/(loss) (Note 11) 3,982 Net cash generated from/ (used in) operating activities 571 |
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Belteshazzar
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12-Nov-2010 10:15
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tonite is the q3 result. | |||||||||||||||||||||||||||||||||||||||||||||
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Belteshazzar
Veteran |
08-Nov-2010 08:46
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Belteshazzar
Veteran |
08-Nov-2010 08:33
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terp coming.... | |||||||||||||||||||||||||||||||||||||||||||||
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Belteshazzar
Veteran |
04-Nov-2010 10:01
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Belteshazzar
Veteran |
02-Nov-2010 08:37
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every stock has its day, may it happen to spice | |||||||||||||||||||||||||||||||||||||||||||||
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Belteshazzar
Veteran |
02-Nov-2010 08:35
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may m&a be the catalyst | |||||||||||||||||||||||||||||||||||||||||||||
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ROI25per
Master |
02-Nov-2010 08:08
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no catalyst | |||||||||||||||||||||||||||||||||||||||||||||
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Belteshazzar
Veteran |
29-Oct-2010 08:03
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just like apple, i hope maybe 2-3years | |||||||||||||||||||||||||||||||||||||||||||||
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teapoichun
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28-Oct-2010 09:29
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when is this Spice going to be SPICY??? | |||||||||||||||||||||||||||||||||||||||||||||
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Belteshazzar
Veteran |
28-Oct-2010 08:06
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consolidate for too long already, anytime will spring up up up.....q3 results coming | |||||||||||||||||||||||||||||||||||||||||||||
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Belteshazzar
Veteran |
27-Oct-2010 08:25
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let's see it move today | |||||||||||||||||||||||||||||||||||||||||||||
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hogenterprise
Senior |
26-Oct-2010 08:59
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S-unno
S-unno
is now available on Apple App Store! Download it now for your iPhone,
iPad and iPod touch and start saving now!Go to this URL: http://itunes.apple.com/app/s-unno/id396 |
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hogenterprise
Senior |
26-Oct-2010 08:54
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copycat does not take u far, innovation is | |||||||||||||||||||||||||||||||||||||||||||||
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hogenterprise
Senior |
26-Oct-2010 08:51
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price still like that | |||||||||||||||||||||||||||||||||||||||||||||
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Belteshazzar
Veteran |
26-Oct-2010 08:48
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Business Times - 25 Oct 2010
It's preparing itself for a foray into more regional markets next year By WINSTON CHAI MAINBOARD-listed Internet telephony firm Spice i2i will ramp up its Singapore operations as it readies itself for a foray into more regional markets next year. And beyond flooding these countries with Spice-branded handsets, the company intends to emulate Apple's recipe of tying hardware and software together with a strong retail network. By 2011, the company wants to make its presence felt in 10 countries that fall within its so-called i2i (Ivory Coast to Indonesia) region, according to Spice i2i chairman Bhupendra Kumar Modi. Formerly known as MediaRing, the firm was rebranded Spice i2i last year after Mr Modi's Indian conglomerate - the Spice Group - acquired a $60 million stake in the Singapore company and became its single largest shareholder. Its local office, now located in Chai Chee, will be consolidated into a mega 120,000 sq ft complex in Ubi Avenue 4 by January next year, Mr Modi revealed. The new multi-million-dollar building will serve as Spice i2i's global headquarters. In addition, it will house a design and procurement centre, as well as functions such as human resources, finance and training. A bigger office is needed to accommodate the company's aggressive expansion plans and future ambitions, Mr Modi said. The former incarnation of Spice i2i was focused largely on the development of software for mobile phones. After the re-branding, it also has handset production affiliations in India and Malaysia. However, the new company will need to supplement these capabilities with a strong retail presence and the ability to offer additional 'value-added services (VAS)', Mr Modi told BT in an interview. 'We have to give devices but we must also have a retail chain to deliver the experience to the customers,' he said, adding that VAS will be used to help tailor Spice's offerings to suit language, lifestyle and cultural nuances across the region. 'We are aligned to the Apple (business) model,' Mr Modi said. To help fill its business gaps, Spice i2i has gone on a merger and acquisition spree in the past nine months, and more moves can be expected soon. At the start of the year, the group bought an Indian IT services firm and a call centre for US$2 million. A month later, sister company Spice Mobiles picked up a 65 per cent stake in a handset joint venture with Malaysia's CSL. Spice i2i also raised $133 million from a cash call in June this year and will use the proceeds to fund more acquisitions, Mr Modi said. Copyright © 2010 Singapore Press Holdings Ltd. All rights reserved. |
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