AWESOME!!!

sounds spot on to me!

What kind of news???

could be another major car company to install nxt speakers or a mobile company to incorporate the speaker into their phones...my money is on the latter

Someone bought some in Argos yesterday I believe.

Fill yer breeks!

So many major car companies have incorporate their speakers but there is no bounce in its sp, instead it heads downwards. Better off with no news.

NTX is as bad as ever. Very close to its all-time low. Of maestro is ramping it then BEWARE.

is it good news at the agm today!!

spill the heinz then...

Tesco Technika CD micro system on the Web. The price is now 59.97 but it has sold out!

http://direct.tesco.com/q/R.100-7936.aspx

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Shinhint Acoustic Link Holdings, a manufacturer of headphones and loudspeakers, revealed plans to sell flat speakers. Earlier in June, the company obtained exclusive rights for balanced radiator technology from NXT, a sound solution provider listed in Britain, to produce flat speakers. It expects to have orders for about one million units in the first year. Shinhint said it is seeking to sell these flat speakers to Royal Philips Electronics (PHG) of the Netherlands and other makers of liquid-crystal display televisions to boost gross profit margins from the 11.8 percent achieved in the first half of this year. The firm will share profit with NXT. The company posted 53 percent sales growth to HK$465 million (US$59.8 million) in the first half while net profit fell 5.5 percent to HK$7.8 million (US$1 million). The company said sales of its multimedia products, which accounted for 44 percent of revenue in the first half, posted a 24 percent rise to HK$205 million (US$26.3 million), a growth the company ascribed to demand from U.S. customers such as Logitech (LOGI) and Altec Lansing for personal computer speakers. The company looks to continue growth to the company's core division in coming years.

I think the big news was there making more of a loss!!! Typical!!

no it was 48cents average royalty per product...the penny hasn't dropped yet ;-)

Bullish price move today - NOT! ;-)

NTX is still a solution looking for a problem.

Oh haystack your here too... you don't know me but you still deramping, do you actually hold any stocks or do you short everything... Suggest you get a life...

Bad stocks are more reliable in their behaviour than good stocks.

I think Haystack is right in NTX.

Be a bloody first time if he is...

NTX has been a disaster for years. It is a catalogue of broken promises. All the NTX management is say the outlook is good. The share price is now at a new all-time low. It looks like the market doesn't believe them.

....Maestro ..Are you calling this a recovery play ? Or am i missing something here.?? NTX reminds me of an awful hangover in slo mo from the hi-tec boom daze . Now that was AWESOME . ln NTX we have a relic that refuses to plainly go away. While i conceed there is nothing wrong in buying stock trading near its all time low as on occassion the s/p is so flagrantly divorced from true book value, l am not convinced that NXT performance in the market illustrates such a case scenario .lts chart is daunting; well bloody frightening,{ akin to one of Hyloes amusing charts } and while many investors employ this this very variable in considering a buy right at the bottom l wouldnt touch this with a bargepole ....lts tarnished its blotter too many times . And juste look at that spread of 20 % ...gulp...22p / 25p .....................Somewhat ironically its speakers are not at all bad; and look really quite impressive .. Excellent for TVs i imagine; but uncomparable to true Hi Fi speakers.... ..Take care Mr M ...23p now; which means in a single year half the value of ones investment has gone @+ ...

@+ J

The worse thing they ever did was get rid of Goodmans in about 98 or 99. I held them back then. Cashflow rules in the end.

but surely overheads are very low now?...so its all profit coming in except for office rent and a few wages to pay

maestro - It's really a case of reading the same stuff from NXT for years. Trust has gone?

PS

Brilliant product, badly managed.

NXT has no hope of a comeback at all.

you are all liars...time you were all outed and stop this charade of making out to be private investors...come on admit guys...hidden agenda?

For example, the continued growth in mobile handsets and wireless applications,
has led to our development of an exciting headset technology which is now
reaching technical maturity. This technology relies on the principle of direct
excitation of the ear to deliver compelling voice data or music without blocking
the ear canal. As we are ever more concerned as a society with safety, as well
as comfort and convenience, we believe that this technology has the potential to
deliver significant benefit to the headset market in specific applications such
as sports and hands-free telephony whilst driving. We believe this technology
may represent an interesting foundation upon which to exploit an alternative
model, and we are in active discussions with various potential partners as to
how we might best exploit our mutual interests and resources.

maestro .... do you work for this crappy company or something? ...... if not, why are you getting so hot under the collar.

if you want to invest in a small comapny that might easily be going somewhere north rather than south, have a look at PRX (thread now up)

"For example, the continued growth in mobile handsets and wireless applications,
has led to our development of an exciting headset technology which is now
reaching technical maturity. This technology relies on the principle of direct
excitation of the ear to deliver compelling voice data or music without blocking
the ear canal. As we are ever more concerned as a society with safety, as well
as comfort and convenience, we believe that this technology has the potential to
deliver significant benefit to the headset market in specific applications such
as sports and hands-free telephony whilst driving. We believe this technology
may represent an interesting foundation upon which to exploit an alternative
model, and we are in active discussions with various potential partners as to
how we might best exploit our mutual interests and resources."


maestro - this sounds just like the write-up FSL gave NXT in 1998, when I first came across them. The news has been consistently bad for so many years and the excuses ever more pathetic. Come to think of it, they look the perfect investment for you. Fill yer nappy, son! ;-))

PS - the point is that if NXT haven't convinced the world of the strength of their product by now, chances are they won't.

There are thousands of better opportunities out there.

Stop backing a losing horse, maestro or maybe u r one anyway

I agree - downhill from 2003 and that was a market peak - just what is this technology worth?
Well, not a lot it seems - if you want really good sound, a loudspeaker is a perfectly reasonable way to convert electric into moving air.
All NXT achieves is a buzzing panel - which is fine as far as it goes - but I can't see this management providing shareholders with an income.....that's why we invested.

Look at the Ofex alternative - and you see where these odd-ball sound businesses will plumb. Feonic - dire or what?


-Had NTX invested in quality speaker production, it would have been a different story - (like a "Bose" of Speakers UK ) - - - and grief! this is the Age of multimedia and new sound developments....
..Hello...Execs at NTX ...are you there?
Being a provider of technology may be appealing - let the manufacturer take the risk and apply their capital - but with real products comes profit - the Lion's share, whereas the IP is worth maybe 1-2% of the final price, before the retailers get their sticky hands on it...

Pt.2-
An earlier Poster mentioned "Goodmans" - I am not aware of any ownership/connection - and surely G- is now a Brand, like Roberts and many other fine manufacturers.
The ear-exciter sounds like what used to be called the "Bone-phone" although it had nothing to do with telephones - it was a horse-shoe shaped collar that contained a stereo pair of transducers which conducted sound through the body to the ears. If NTX can re-invent that, it could have a future - but most of these schenes are fads IMHO.... as I said: if you want decent sound, use a loudspeaker...that will shift the air!
NTX went into the Automobile replacement market - and that was their best move, IMHO as it should give them contact with auto-buyers who will be unconvincee by promises - they will know exactly what they need, when and where - no messing! The auto market can be exciting and I fear the NTX execs are overcome with excitement at the car...rather than selling speaker bits to all-comers.
I still think NTX should have some cabinet speakers, thin..waterproof for shower/wet-rooms...boats, etc.
But I'm a lost investor...what do I know?

.

waking up...finally?

can the last person to vacate the office turn out the lights

That chart doesn't do it justice. Go back to 2000 when they were worth 25 quid!!!

I think the problem is they get orders for great technology but sell it to cheap

I think the problem is they get orders for great technology but sell it to cheap

Tbe problem is that no one really wants their products. It is amazing that they have managed to stay in business so long. They have hit a new all-time low share price today and look like heading down even more. It doesn't seem likely that they will still exist in the near future.

................ but then we've said that before. ;-)))

It is getting there. Just a slow lingering death.

LOL. Couldn't agree more.

I actually have had a set of speakers for several years and pretty good they are too.

I always remember the idea put forward around the millenium whereby within a short time they expected a car windscreen to be the speaker, as would be roof tiles in offices, etc, etc. Infact anything that was flat and panel-like. ;-))

Re someone's earlier comment on Goodmans, it was a part of this company a decade ago. I guarantee it!

NXT sees audio product sales, licensee shipments falling below hopes - AFX


LONDON (Thomson Financial) - NXT PLC is seeking alternative short-term revenue sources after warning that sales and licensee shipments in stand-alone audio products in the last two months are likely to fall 'significantly' below its expectations.

In a trading statement the sound technology company said it is reviewing its short-term capital requirements and ongoing cost structure.

'Given the reduced level of short term revenue generated by stand-alone audio products, the board is considering all strategic alternatives to protect and build shareholder value,' the company said.

It said it believes that several ongoing strategies and developments laid the foundation for medium-term sustainable revenue.

LARGE BUYS FRIDAY...NEWS IMMINENT...COULD BE A KRAKATOA

Or maybe perhaps not.