Creative just made another announcement of a quarter loss of US$19 million. With this announcement, Creative has been making losses for 3 consecutive years. For those shareholders who are still loyal and holding onto Creative shares. Well done, give yourselves a pat on the back for a job well done to have follow through with Creative for this far and have not given up hopes on Creative. Bad news is that Creative will be under SGX watch list for making 3 consecutive loss years. The worst scenario will be that Creative will be delisted from SGX. What a sad ending if this were to happen.
Looks like the Sound BlasterAxx and HanZpad is not making much progress to help Creative turn their business around from red to black. We have not heard anything much about HanZpad and its progress in the Chinese education market. Let's hope for the best!
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