CarrierNet Global Ltd.
(CNET:Singapore Exchange Securities Trading)
Snapshot of CarrierNet Global Ltd. (CNET)
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OPEN
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PREVIOUS CLOSE
$0.01
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DAY HIGH
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DAY LOW
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52 WEEK HIGH
06/9/09 - $0.02
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52 WEEK LOW
11/20/09 - $0.0050
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MARKET CAP
10.8M
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AVERAGE VOLUME 3 mo
397.6K
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DILUTED EPS TTM
$-0.03
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SHARES OUTSTANDING
1.1B
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CNET Does Not Pay Dividends
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P/E TTM
NM
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CNET Details
CarrierNet Global, Ltd., an investment holding company, engages manufacture and sale, and marketing of liquid crystal displays (LCD) and assembly of electronic components in the United States, Asia, and Europe. It offers customized LCDs, LCD modules, and other related electronic products under Vikay brand name, as well as provides value-added services, including component sourcing, IPO (kitting) program, PCB assembly, and other procurement services. The company’s products are used in various applications in communications, automation, medical, aeronautical, and other fields. In addition, CarrierNet Global supplies optical bandwidth on wholesale basis for high speed data transmission in China, as well as provides ultra high-capacity data networks to service providers and business users. Further, the company offers voice over Internet protocol service, Voice BB, wholesale carrier, retail international direct dial, and global calling card products and services. It operates an 11,119 kilometers two-core high bandwidth fibre optic network covering 13 provinces and 74 cities in eastern China. The company, formerly known as ArianeCorp Limited, was founded in 1984 and is based in Singapore, Singapore.
Key developments for CarrierNet Global Ltd. (CNET)
Effective October 26, 2009, Vikay Industrial Ltd. will change its name to Arianecorp Ltd
CarrierNet Global Ltd. reported unaudited consolidated earnings results for the six months ended June 30, 2009. For the quarter, the company reported revenues of SGD 23.7 million against SGD 31.4 million a year ago. Loss before tax from continuing operations was SGD 4.3 million against SGD 31.7 million a year ago. Loss from continuing operations was SGD 4.3 million against SGD 31.8 million a year ago. Loss attributable to owners of the parent was SGD 13.02 million or SGD 0.44 diluted per share against SGD 31.9 million SGD 3.79 diluted per share a year ago. Net cash flows used in operating activities were SGD 1.14 million against SGD 3.44 million a year ago. Purchase of property, plant and equipment was SGD 59,000 against SGD 43,000 a year ago.
CarrierNet Global Ltd. filed its AR on April 21, 2009 for the period ending December 31, 2008. In this report its auditor, Ernst & Young LLP, gave an qualified opinion expressing doubt that the company can continue as a going concern.
Stock Quotes
| Recently Viewed | |||
| CNET (SG) | $0.01 SGD | 0.00 | |
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| F | $8.64 USD | -0.09 | |
| KGF (GB) | 238.30 GBX | -3.50 | |
| UIS | $32.89 USD | +0.17 | |
| JBHT | $32.01 USD | -0.21 | |
Market data is delayed at least 20 minutes.
CNET Competitors
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| No competitor information is available for CNET. | |||
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Industry Analysis
| Valuation | CNET | Industry Range |
| Price/Earnings | NM | Not Meaningful |
| Price/Sales | 0.2x |
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| Price/Book | 0.3x |
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| Price/Cash Flow | NM | Not Meaningful |
| TEV/Sales | 0.2x |
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CNET |
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CNET transactions
| Type Date |
Target |
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Merger/Acquisition
August 12, 2009 |
PT. iForte Solusi Infotek |
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