Ztc Tele. Share Discussion Threads

[cootuk] 04/2/2008 09:44

"The Company's ability to ensure timely fulfilment of this and existing contracts is subject to it securing additional working capital."

A new distribution contract, but hinting at fund raising via some means due to capital constraints....

[kennerland] 29/11/2007 10:22

total no's produced down but net sales up 63%.also P/E below 6 if add back listing costs.still looking good going forwards.

[cootuk] 29/11/2007 08:10

From the total number of phones produced it doesn't appear that they have increased production, merely swapped from OEM to own-brand phones.
What happened to the extra shifts and extra lines?

Admin expenses have tripled for some reason, and total profit is the same as last year.

Not really impressive.

[ethics_gradient] 29/11/2007 07:16

2007 P/E of under 6. Forward P/E of maybe 3. Looks rather cheap I reckon.

[blank frank] 14/11/2007 18:08

ZTC announcement today of a new product launch; share price up 0.5p to 13.75p.

14/11/2007 07:03 RNSNON New Product Launch LSE:ZTC Ztc Telecoms Plc


This follows the two such announcements in August.

31/08/2007 07:03 RNSNON New Product Release LSE:ZTC Ztc Telecoms Plc

13/08/2007 07:02 RNSNON New Mobile Handset Launched LSE:ZTC Ztc Telecoms Plc

[blank frank] 13/11/2007 18:04

ZTC ZTC TELECOMMUNICATIONS PLC ORD 10P

As at 13-Nov-2007 17:46:37
13.250 -2.00 -13.11%

Bid Offer Volume High Low Last Close
12.50 14.00 195,493 13.50 12.00 13.25 on 13-Nov-2007

Last 5 trades
Time/Date Price Volume Trade value Type
16:18:47 13-Nov-2007 13.25 7,547 999.98 Ordinary Trade
16:08:44 13-Nov-2007 13.25 20,000 2,650.00 Ordinary Trade
14:35:26 13-Nov-2007 12.00 30,000 3,600.00 Ordinary Trade
14:02:53 13-Nov-2007 13.50 50,000 6,750.00 Ordinary Trade - Delayed
14:02:00 13-Nov-2007 12.50 75,000 9,375.00 Ordinary Trade - Delayed



ZTC's final results later than expected, combined with a falling share price, may not be a good sign.

But then again, it doesn't necessarily mean that anything's wrong.

It was over five months ago that ZTC said it expected to anounce the results in October, which is plenty of time for some innocent slippage; and I believe that under AIM rules they have until the end of December to announce them.

In addition, stockmarkets have been weak recently, and with an illiquid share like ZTC it may not take much selling to depress the price quite a bit.

With a market cap. of c. £12.4M., could it perhaps be a bargain?

B.F.

[cootuk] 29/10/2007 20:04

I'm pretty disappointed that there's very few updates...they really should have had a second shift up and running, which would require an RNS given the effect it would have on sales.

[blank frank] 29/10/2007 19:23

These are the world's twenty largest mobile network operators by recent number of subscribers (and by proportionate subscribers, if the company has holdings in other operators).
China Mobile (349 million) is the largest by a long way:-


ZTC's current market cap. at 15.75p is £14.75M. (on the basis of 93,682,516 shares in issue).

[blank frank] 29/10/2007 18:33

ZTC has fallen half a penny to a new all time closing low today, on two comparatively modest sales:-

ZTC ZTC TELECOMMUNICATIONS PLC ORD 10P

As at 29-Oct-2007 18:11:56
15.750 -0.50 -3.08%

Bid Offer Volume High Low Last Close
14.50 17.00 31,250 16.00 15.00 15.75 on 29-Oct-2007

Last 5 trades
Time/Date Price Volume Trade value Type
15:59:05 29-Oct-2007 15.00 25,000 3,750.00 Ordinary Trade
10:51:18 29-Oct-2007 16.00 6,250 1,000.00 Ordinary Trade
11:17:52 24-Oct-2007 15.00 2,296 344.40 Ordinary Trade
13:20:49 19-Oct-2007 16.00 25,000 4,000.00 Ordinary Trade
15:27:31 18-Oct-2007 15.30 5,000 765.00 Ordinary Trade



Perhaps due to nervousness that the results may be later than promised.

Although I don't think that a week or two later is a sign of anything really wrong.

B.F.

[blank frank] 26/10/2007 20:00

Ztc Telecoms Trading Statement
Date : 04/06/2007 @ 07:01
" ... Audited results covering the year ending 30 June 2007, which will incorporate the results of the China operation since acquisition in March 2007 and reflect the non-recurring costs associated with admission to AIM and overheads relating to the Company's previous activity, are expected to be announced in October 2007. ... "


Only three more trading days in October left now, so we can perhaps expect the results next week.

B.F.

[kennerland] 05/6/2007 08:20

bought a few today.Like words such as 'materially ahead of market expectations'.Also their target (lesser developed areas) market is growing at an increasing rate.

[darlocst] 05/6/2007 08:11

Does someone know what the broker forecast was for this year? Can't quatify the ahead statement until I know this & haven't been able to see the figures anywhere as yet.

TIA

Chris.

[cootuk] 05/6/2007 06:44

They are trying to break into other low cost markets like Africa, but competition is fierce. There are plenty of low cost phone manufacturers, though many are OEM and don't have the appropriate licenses to sell direct to market.
Reading more into the RNS I guess they might be 10-20% ahead as they are talking about being ahead before IPO costs are taken into account.
We really need word about them expanding their production lines rather than getting more money from a higher value product mix.

[footdocta] 04/6/2007 22:17

Stegrego You may be right but its always possible they could strike a deal with one the stores abroad-

Also to my knowledge no-one else produces a handset with a built in dual sim card holder so anyone selling these first could do well

just a thought really

[stegrego] 04/6/2007 22:10

I got the impression that they dont sell anywhere but in China?

Dont think they have Argos over there do they?

[footdocta] 04/6/2007 21:59

Interesting company this-

With such a fertile market and high subscriber numbers it's always possible that ztc could link up with a company like Vodafone who are looking for a foothold in China.

There is also huge potential in the handset only market for the phones with built in dual sim card holders. Whilst You can buy dual sim card holders for existing phones very easily they are not entirely reliable, can drain the battery quickly and of course invalidate the handset warranty if anything goes wrong!

Dual SIM card holders offer the chance for save money on calls\texts as the user simply switches between the 2 depending on time of day, whether abroad etc. The networks will not endorse this of course but stores like Woollies or Argos, supermarkets etc who have no obligation to the networks could do well selling these as sim free handset only especially if ZTC can produce feature packed handsets competitively priced.

[cootuk] 04/6/2007 08:13

Nice trading update, but pity there weren't any real tangoble numbers to give us a feel. I still think this has been overlooked.

[stegrego] 04/6/2007 08:10

Looks pretty good here - nearly bought some - but im stuffed to the rafters with Chinese AIM stuff, and the spread also puts me off somewhat.

Watch this rocket now...

[cootuk] 07/5/2007 21:48

I found another link to a company who ZTC have outsourced to previously...this company has 500k unit capacity. Perhaps the article got confused with ZTC and the outsourcing?



"Shenzhen Phonetech Telecom Equipment Co. Ltd can deliver your GSM phone orders in just two weeks, thanks to 10 automated production lines in our ISO 9001:2000-certified Shenzhen factory. Every month we produce more than 500,000 GPRS-enabled phones with built-in cameras and Simcom chipsets.
We release about two feature-packed phone models every month. If you need custom products, we can make them happen, just as we do for top mainland China companies QAOXINQI, BLUESTAR and ZTC. We also provide logo printing, package design and user manual development service"

[cootuk] 25/4/2007 15:05

...IF...the article is correct.
I would have thought the new factory would have been detailed in the AIM prospectus if it was genuine, so I'm not so sure as I couldn't see any mention.
I've emailed the company for clarification on this as the article may be mistaken.
I've specifically asked about this article, and what they expect 2007/2008 output to be.