AWESOME!!!

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! ;-))