Shares & Derivatives
NeraTel – An Abandoned Child
By My Sweet Retirement  •  February 26, 2017
Prior to writing this post, I have divested all my NeraTel shares at a loss of 14.2%. This is including of the dividends I have collected. I shall share the reasons why I made the decision to do so. NeraTel announced its 4Q2016 financial results on 22nd February 2017. After the sale of its payment solution business to Ingenico, NeraTel business is left with the Telecommunication business segment and Network Infrastructure business segment. In 4Q2016, revenue from the Telecommunication business segment decreased slightly by 4% ($0.8 million) from $19.1 million to $18.3 million. Revenue from the Network Infrastructure business segment improved by 54.0% ($11.0 million) from $20.3 million to $31.3 million. If we compare FY16 with FY15, revenue increased by 22.3% ($19.9 million) from $134.8 million to $164.9 million. Although revenue has increased, gross profit for FY 2016 ......
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By My Sweet Retirement
I am a working salaried professional in my mid 30s. Just like most Singaporeans, I worked long office working hours, often trying very hard to find some work life balance. The Sweet Retirement Blog was created to share my journey towards achieving a comfortable retirement life. I believe we cannot simply rely solely on our Central Provident Fund savings when reaching old age. Neither can we rely solely on our bank savings as we all know the interest rates cannot beat inflation.
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