tag:blogger.com,1999:blog-28021668.post5354572895725393748..comments2023-10-12T21:12:41.408+08:00Comments on Value Investment - Musicwhiz's Journey: Musicwhizhttp://www.blogger.com/profile/10950754156386935254noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-28021668.post-13950322489721554632007-08-19T18:54:00.000+08:002007-08-19T18:54:00.000+08:00Hi smalltimer,Thanks for your enlightening summary...Hi smalltimer,<BR/><BR/>Thanks for your enlightening summary of the business of GV. Incidentally, I have already written a summary of GV's results and numbers from an accounting perspective and will be ready to post in soon. I share the same opinions as yourself about the opex and capex and feel that this will "drag" GV down for many more periods to come. The quick turnaround that all shareholders are hoping for is not going to come as soon as hoped, and I will stop deluding myself and move on to a better investment. Watch out for this review in my next posting !<BR/><BR/>Regards, MusicwhizMusicwhizhttps://www.blogger.com/profile/10950754156386935254noreply@blogger.comtag:blogger.com,1999:blog-28021668.post-71480106727022871352007-08-19T14:54:00.000+08:002007-08-19T14:54:00.000+08:00Global Voice is in a specialised area of telecoms ...Global Voice is in a specialised area of telecoms biz called bandwidth/managed services.<BR/><BR/>A little background how this works:<BR/>- technology for transmission of data today rest on optical and electrical transmission. <BR/>- Optical is used for long distances because of lower attenuation (loss of signal) thru fibre optics. GV is in this biz.<BR/>- an optical fibre today, using DWDM technology, can support an unimaginable amount of data transmission. Hence for most network operators today, it is not surprising if they say their network is only 2~3% utilised. <BR/>- But the more worrying thing is their capex and opex. It takes a few US$b to lay an optical network with repeaters and amplifiers, and it takes ten/hundreds of US$m to keep these equipment running. Recall how Global crossing had to shut down 70% of their biz (and network) to stem bleeding. In the end, nowadays, you don't hear ST group talking much abt it.<BR/>- without peering at the exact numbers for GV, I would expect it to be in a very difficult biz.<BR/>- smalltimerAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-28021668.post-32474886897785197602007-08-10T16:41:00.000+08:002007-08-10T16:41:00.000+08:00Hi Anonymous,Thank you for the compliment ! I used...Hi Anonymous,<BR/><BR/>Thank you for the compliment ! I used to be very much into keeping track of music charts, lyrics and artistes in my teenage years; hence the nick musicwhiz. My focus is now on value investing but I still enjoy listening and singing along to a great song. I love the 80's and 90's ballads and power (rock) ballads.<BR/><BR/>Cheers.......<BR/>MusicwhizMusicwhizhttps://www.blogger.com/profile/10950754156386935254noreply@blogger.comtag:blogger.com,1999:blog-28021668.post-35867305253247667712007-08-10T16:37:00.000+08:002007-08-10T16:37:00.000+08:00awesome value investing blog! i particularly like ...awesome value investing blog! i particularly like how you summarise the AGM meetings you attended and how you analyse the latest developments of the companies you invested. Keep it up! BTW, why do you call yourself musicwhiz? are you active in the local music scene as well?Anonymousnoreply@blogger.com