Fiber series first week news Abstract 13
Week News Abstract For Fiber Series in 10GTEK
The abstract is mainly about the optical communication related products,including: FTTH,GPON,EPON,SFPPLC,PTN,ODN,Optical module,Optical devices,optical communications,Optical transceiver module,Etc.
Etihad Etisalat [All Share] strengthens 0.5%, rising for a third day, a 3-day rise of 2.0%
Etihad Etisalat (7020.SA), Saudi Arabia's 2nd largest telecommunication company by market capitalisation, strengthened 25.0 hallalah (or 0.5%) to close at SAR51.25. Compared with the All Share index (TASI), which rose 50.9 points (or 0.8%) on the day, this was a relative price change of -0.3%. The volume was 0.3 times average trading of 1,250,705 shares. The stock rose for a third day on Saturday bringing its three-day rise to SAR1.0 or 2.0%. Price Change % 3-day 1-month 1-year 7020 1.99% -5.09% Telecom 0.81% -0.47% -14.58% All Share 1.2% 1.4% -2.39% .Volatility: the stock traded between an intraday low of SAR51.0 and eleven-day high of SAR51.50. The average daily volatility of 1.8% places the stock in the 4th quartile in the market meaning it is least volatile. Volume weighted price (VWP): the price is at a premium of 0.9% to the 1-month volume weighted average price (VWP) of SAR50.794. Given that this premium has exceeded 0.9% eighty times and been under 0.9% thirty-three times in the last year, the upside:downside probability is estimated at 80:33 or 2.4:1. Falls to Rises: In the last three months the number of falls outnumbered rises 26:17 or 1.53:1. Beta: The Beta of this stock is 0.95. A Beta lower than 1 suggests this is a low risk, low return stock with volatility less than that of the market. Standard Deviation (SD): SD is a statistical measure of deviation from the mean. The SD of 1.6% gives it a percentile rank of 15 meaning that 15% of stocks in the Saudi Arabian market are less volatile than this stock. Trailing month: in the last 21 trading sessions there has been a net decline of 0.49%; the stock has retreated 20 times and the biggest one day decline was 1% on Nov 14. Trailing one week: the stock rose three times (60% of the time), was unchanged once (20% of the time) and fell once (20% of the time). The volume was 0.5 times average trading of 6,253,525 shares. The value of SAR1,000 invested a week ago is SAR1,025 [vs SAR1,022 for the All Share index (TASI)], for a capital gain of SAR25(or rise of 2.5%). Trailing one month: the stock fell eight times (40% of the time), rose seven times (35% of the time) and was unchanged five times (25% of the time). The volume was 0.5 times average trading of 27,515,510 shares. The value of SAR1,000 invested a month ago is SAR995 [vs SAR1,014 for the All Share index (TASI)], for a capital loss of SAR5(or loss of 0.5%). Trailing one year: the value of SAR1,000 invested one year ago is SAR971 [vs SAR988 for the All Share index (TASI)], including a capital loss of SAR51 and dividend reinvested of SAR22. The total return to shareholders for 1 year is -2.9%.Trailing five years: the value of SAR1,000 invested five years ago is SAR1,051, including a capital loss of SAR28 and dividend reinvested of SAR80. 04/11/2011 Etihad Etisalat (Mobily) said its use of new advanced technologies to guarantee the flow of the calls and data in the holy sites will improve its provision of high quality services to pilgrims.Mobily said it had boosted its network capacity in the holy sites to handle more than four million calls at the same time as a result of its continuous research,Mobily CEO Khalid Al-Kaf expects the volume of calls and data traffic in Mobily's network to grow sharply during the Haj season.He highlighted Mobily's achievements in introducing world-class services and network coverage inside and outside the Kingdom.Al-Kaf said new fiber optics network and the 70 towers that have been added to Mobily's network will boost its capacity to handle the enormous flow of calls in the holy sites.October 26: Mobily announces that is it in the process of concluding a SR 10 billion refinance agreement with Saudi local banks.
Weekly: Nexxus Lighting Class A price 14.8% below volume weighted price
Nexxus Lighting Class A (NEXS.O), NASDAQ's 27th largest Building Construction company by market capitalisation, closed unchanged at US$1.19 for the week ending Friday December 09. The price is at a discount of 14.8% to the 3-month volume weighted average price of US$1.397, which may appeal as a value proposition. Compared with the NASDAQ-100 index which rose 16.6 points (or 0.7%) in the week, this represented a relative price change of -0.7%. The Volume Weighted Price (VWP) is the summation of turnover [or price at which shares were sold times the volume of shares] divided by the total volume and represents an average based on turnover of all transactions over the period. In the past week the Volume Weighted Price was US$1.21, up from US$1.19 in the previous week. Average daily volume of some 76,939 shares rose 0.5% from 76,536 shares. The 5-week VWP is US$1.26. The Building Construction company sector is the 37th largest by market capitalisation out of NASDAQ's 70 sectors. It is made up of 35 publicly listed companies with a combined market capitalisation of US$22.7 billion. In 2011 earnings for the sector grew 1.8% compared with those of 2010. The main players in the sector include Fastenal, Foster Wheeler, Healthcare Services Group and Beacon Roofing Supply. Nexxus Lighting, Inc (Nexxus), formerly Super Vision International, Inc., focuses its resources on designing, manufacturing, marketing and selling new light-emitting diode (LED) lighting products and systems as well as its fiber optic lighting product line for use in commercial, architectural, signage, swimming pool and original equipment manufacturer (OEM) lighting applications. The Company derives its revenues primarily from sales of Savi brand LED lighting systems and controls and Super Vision fiber optic brand of products. The Company's wholly owned subsidiary, Advanced Lighting Systems, LLC serves the entertainment, theatrical and commercial lighting market through its LiveLED and eLUM LED lighting systems and controls and Advanced Lighting Fiber Optics brand of products. In May 2008, the Company completed the acquisition of LED lighting manufacturer, Lumificient Corporation.
Damamax Provides Spinneys-Jordan with High-Speed Internet Solutions and MPLS Technologies
Dubai, Dec. 11 -- Damamax, a subsidiary of DAMA Ventures and one of the largest backbone operators in the Kingdom providing broadband solutions through optical fiber - signed a partnership agreement with Spinneys, the premium retailer chain in the Middle East which opened its first Jordan branch in TAJ Mall.By virtue of the agreement, Damamax connected Spinneys' branch with its warehouse in Sahab through its local Mul
tiprotocol Label Switching (MPLS), and provided it with high-speed Dedicated Internet Access (DIA) through its fiber optics' link. "We value the trust that Spinneys has placed in Damamax, and we continuously seek to maintain our premium quality and high performance standards so as to remain the number one service provider of choice for companies and business enterprises, particularly retail stores that own numerous branches," commented Sales and Marketing Director of Damamax Najah Makhamreh. "Extending our MPLS and IPVPN services to Spinneys is a vital step towards expanding our operations on both a local and a regional level. We are delighted to extend our services to all TAJ Mall outlets who wish to capitalize on the benefits we provide for this distinguished shopping center as we have already begun to witness its massive popularity amongst visitors," Makhamreh added. In turn, Mohammad Ahmad; Head of Spinneys Business Unit, stated that the Damamax partnership coincides with the inauguration of Spinneys' first branch in Jordan, and explained that Damamax's fiber optics based Internet network of services is what distinguishes it from other service providers within the local market. Ahmad added that he is delighted at partnering with Damamax as it has provided Spinneys with flexible operations, high-speed connectivity and greater efficiency that meets advanced global standards. Damamax is a pioneer in bringing next generation telecom technologies to Jordan by providing broadband solutions and integrated global communication services through a state-of-the-art fiber optic network. Damamax presents its services with simplicity and ease of access to suit both service providers' and corporate customers' needs in accordance with the latest developments in the field. Damamax also offers around-the-clock technical support to raise customers' efficiency and productivity.
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