Monday, January 16, 2006

DVM: Part II

Mobile products to contribute to DVM Technology revenue

DVM Technology Bhd is expected to reap some RM4 million in revenue from the export of its broadband telephony and Internet Protocol (IP) mobile products.

Internet-based broadband telephony uses broadband connections to deliver voice calls.


That was taken from today's Business Times news clip on DVM Technology.

What's the big deal?

4 million in revenue hor .. not the same as 4 million in net earnings hor...

I blogged about
DVM before, a company listed on the Messdaq a year ago, Jan 2004, made a net LOSS of 8.9 million in its maiden listing fiscal year.

And how is the stock doing?

DVM previous closing price was 9 sen (Fiyoh! Sibeh geng or what??).

Now? The stock is up 1.5 sen or some 16.6% right now.

I wonder... how much did this article contributed to the stock rise right now?

Hmmm.... hmmmm.... you know?

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