OCO - Oriel Communications
- Thread starter pete152
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Re: OCO
Hiya Pete,
Is this Haspete, just saying hi...OCO looks like a winner although a bit of patience is going to be the key to this one. Generally, charting-wise it appears to be on an uptrend, but lets hope we get some good financial ann. coming up soon to move things on a little.
Interesting site this one, reminds very much of sharescene!
cheers,
Sag
Hiya Pete,
Is this Haspete, just saying hi...OCO looks like a winner although a bit of patience is going to be the key to this one. Generally, charting-wise it appears to be on an uptrend, but lets hope we get some good financial ann. coming up soon to move things on a little.
Interesting site this one, reminds very much of sharescene!
cheers,
Sag
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Hi folks,
OCO astroanalysis, as requested .....
Looking at the adjusted chart, today's price action looked
quite negative, as the down day was accompanied by
high volume.
Will be looking for further negativity, around 24072006,
followed by a test of the June 2005 lows, around 4.2 cents(???)
Soon after, the first positive cycle comes into play,
around 02082006.
24072006 ..... negative and finance-related ???
02082006 ..... aggressive rally off lows, here ???
16-18082006 ..... 2 cycles and negative news???
30-31082006 ..... 2 cycles, with minor and positive news???
11-12092006 ..... positive cycle ..... finance-related???
After that, mid-September-to-mid-October is showing many
negative cycles. so be watching for a high in OCO, around
15092006 (???).
Late - October will see us looking for 3 more positive cycles ...
More later.
have a great day
yogi
ORIEL AWARDED ONLINE PAYMENT SERVICES CONTRACT WITH
SONOPRESS AND MICROSOFT CHINA
Melbourne, Australia, July 31, 2006 - BilltoBill Limited, a wholly owned subsidiary of
Australian online payments solutions provider, Oriel Communications Limited (ASX: OCO) has
entered into an agreement to supply payment services to Sonopress, a subsidiary of Arvato AG
(a Bertelsmann company) and Microsoft in China.
Microsoft has selected BilltoBill as its exclusive payment provider in China to work with
Sonopress who is Microsoft's courseware distributor in China. BilltoBill will process local debit
and credit cards and bank transfers from any bank in China as well as Visa and MasterCard.
Oriel's CEO, Martijn Hovinga, said: "We are extremely excited that Microsoft, through
Sonopress, has agreed to become a customer of BilltoBill. The software industry is a key
strategic target for BilltoBill, and the ability to secure Microsoft as a client is testimony that our
payment solution is well respected in China. We anticipate this agreement will raise our profile
enormously when targeting other prospective merchants across China."
Over recent months, BilltoBill has increased personnel in Shanghai in the areas of customer
support, account management, software development and system technical operations to meet
the current and future requirements of customers such as Microsoft and Lenovo China. BilltoBill
has also strengthened its sales force to actively promote the BilltoBill service to future
customers.
"China is a rapidly developing e-commerce hotspot with broadband connections recently hitting
80 million. Oriel Communications through our subsidiary BilltoBill is well placed to tap into the
subsequent demand for online payment services," said Mr Hovinga.
Potential revenues from the Sonopress/Microsoft deal cannot be determined at this time,
however BilltoBill Limited will disclose transaction volume performance once a sufficient period
of processing has taken place via the BilltoBill payment service, and ultimately a prediction of
future earnings.
Testing and integration of the BilltoBill payment system with Sonopress has been completed
and BilltoBill will commence processing transactions when advised by Sonopress and Microsoft.
SONOPRESS AND MICROSOFT CHINA
Melbourne, Australia, July 31, 2006 - BilltoBill Limited, a wholly owned subsidiary of
Australian online payments solutions provider, Oriel Communications Limited (ASX: OCO) has
entered into an agreement to supply payment services to Sonopress, a subsidiary of Arvato AG
(a Bertelsmann company) and Microsoft in China.
Microsoft has selected BilltoBill as its exclusive payment provider in China to work with
Sonopress who is Microsoft's courseware distributor in China. BilltoBill will process local debit
and credit cards and bank transfers from any bank in China as well as Visa and MasterCard.
Oriel's CEO, Martijn Hovinga, said: "We are extremely excited that Microsoft, through
Sonopress, has agreed to become a customer of BilltoBill. The software industry is a key
strategic target for BilltoBill, and the ability to secure Microsoft as a client is testimony that our
payment solution is well respected in China. We anticipate this agreement will raise our profile
enormously when targeting other prospective merchants across China."
Over recent months, BilltoBill has increased personnel in Shanghai in the areas of customer
support, account management, software development and system technical operations to meet
the current and future requirements of customers such as Microsoft and Lenovo China. BilltoBill
has also strengthened its sales force to actively promote the BilltoBill service to future
customers.
"China is a rapidly developing e-commerce hotspot with broadband connections recently hitting
80 million. Oriel Communications through our subsidiary BilltoBill is well placed to tap into the
subsequent demand for online payment services," said Mr Hovinga.
Potential revenues from the Sonopress/Microsoft deal cannot be determined at this time,
however BilltoBill Limited will disclose transaction volume performance once a sufficient period
of processing has taken place via the BilltoBill payment service, and ultimately a prediction of
future earnings.
Testing and integration of the BilltoBill payment system with Sonopress has been completed
and BilltoBill will commence processing transactions when advised by Sonopress and Microsoft.
PAYMENT SERVICES AGREEMENT SIGNED
WITH MAJOR CHINESE EXHIBITION CENTRE
BilltoBill Limited has signed a Payment Services Agreement with Shanghai Exhibition
Information Technology Inc. (EXPOTEC.), an information technology company that serves the
exhibition industry.
Shanghai Exhibition Information Technology Inc. (www.seit.com.cn/company/index_en.asp) has
become one of the most influential, most advanced information technology exhibition
companies in the China Exhibition Industry. Their service is matched with the best in the world,
with expertise in marketing research, promotion on exhibitions, visitor organization, events
arrangement, and onsite service making EXPOTEC the number one choice for so many
national and international organizations exhibiting in Shanghai.
BilltoBill has commenced integration of the BilltoBill payment system with the EXPOTEC
website, with the first payment system to be used for a forthcoming event in August 2006.
Potential revenues from this relationship cannot be determined at this time, however BilltoBill
Limited will disclose transaction volume performance once a sufficient period of processing has
taken place via the BilltoBill payment service, and ultimately a prediction of future earnings.
the contracts keep on coming!!!!!!!
WITH MAJOR CHINESE EXHIBITION CENTRE
BilltoBill Limited has signed a Payment Services Agreement with Shanghai Exhibition
Information Technology Inc. (EXPOTEC.), an information technology company that serves the
exhibition industry.
Shanghai Exhibition Information Technology Inc. (www.seit.com.cn/company/index_en.asp) has
become one of the most influential, most advanced information technology exhibition
companies in the China Exhibition Industry. Their service is matched with the best in the world,
with expertise in marketing research, promotion on exhibitions, visitor organization, events
arrangement, and onsite service making EXPOTEC the number one choice for so many
national and international organizations exhibiting in Shanghai.
BilltoBill has commenced integration of the BilltoBill payment system with the EXPOTEC
website, with the first payment system to be used for a forthcoming event in August 2006.
Potential revenues from this relationship cannot be determined at this time, however BilltoBill
Limited will disclose transaction volume performance once a sufficient period of processing has
taken place via the BilltoBill payment service, and ultimately a prediction of future earnings.
the contracts keep on coming!!!!!!!
So the trading halt at the moment has to do with a private placement of 34 million shares at 5.5c of which 70% has already been filled. I was sent an email from Oriel re this on Sat the 12th and the application closes on the 14th of Aug. Not much time to get it together if you were interested. And there will be another 34 million shares on the market to help dilute earnings. NOT HAPPY JAN !!!!
Oriel Communications
ASX listed company, Oriel Communications, code OCO, seems to be at that point in its history, where there could be a quite dramatic reversal in its cash-flow position very soon. Over the last year or so, Oriel has signed contracts with the likes of Singapore Airlines, Microsoft in China, a major Chines travel agency, the biggest bank in China, etc, for its "Bill-to-Bill" funds transfer system. On top of these achievements, its has won a significant award in China which recognises the quality, reliability, and security from fraud for the service. The revenue resulting from these contracts has only just begun to flow through, with the months of January and February showing a marked improvement, and much more to follow over the next 12 months.
ASX listed company, Oriel Communications, code OCO, seems to be at that point in its history, where there could be a quite dramatic reversal in its cash-flow position very soon. Over the last year or so, Oriel has signed contracts with the likes of Singapore Airlines, Microsoft in China, a major Chines travel agency, the biggest bank in China, etc, for its "Bill-to-Bill" funds transfer system. On top of these achievements, its has won a significant award in China which recognises the quality, reliability, and security from fraud for the service. The revenue resulting from these contracts has only just begun to flow through, with the months of January and February showing a marked improvement, and much more to follow over the next 12 months.
Hi
This stock was up around 40% yesterday following this announcement. I bought in yesterday and this morning they're down from .051 to .049 (-4%). I'm a real beginner when it comes to trading and generally make more losses than gains. But I'd be keen to hear what others think about the stock if you have the time to respond....thanks
ORIEL COMMUNICATIONS MAY 2007 MARKET UPDATE BILLTOBILL PAYMENT SOLUTIONS CHINA Key Points ·BILLTOBILL EXCEEDS EXPECTED GROWTH IN GROSS REVENUES ·DRAGONAIR COMMENCES `LIVE ` TRANSACTIONS ·EXCITING NEW PRODUCT EXTENSION APPEALS TO CHINESE CULTURE
Melbourne, 2nd May 2007. The Directors of Oriel Communications Ltd. ("Oriel") advise that
BilltoBill continues to generate rapid growth in gross revenues.
BilltoBill's gross revenues in April 2007 more than doubled those achieved in March 2007. For
the remainder of the 2007 calendar year, BilltoBill conservatively estimates an average month to
month growth rate of gross revenues of between 28% and 38%.
Over the calendar year 2007, this would result in total gross revenues of between 30 and 46
million RMB from its business to consumer payment service only.
BilltoBill is also pleased to announce that Dragonair, a full subsidiary of Cathay Pacific Airways,
has commenced `live' transaction processing through the BilltoBill service. Quoting from their
press announcement dated April 17th, "Dragonair has revamped its website
(www.dragonair.com) with a new look and additional online services for customers, and now
offers online booking for the first time. The online booking services are available for flights
departing from four destinations * Hong Kong; Beijing, Shanghai, and Xiamen * with more to be
added later."
BilltoBill is currently processing debit and credit card transactions for Dragonair flights from
cities in mainland China.
In addition, BilltoBill has completed the development of a `hosted call centre service' that will
soon be launched into the China market. This service will allow existing and new merchants to
sell products and services through their call centres. Their call centre agents can enter
transaction and card information online in an application hosted by BilltoBill. In addition to its
transaction charges, BilltoBill will also invoice development and ongoing hosting fees. Sales
through the call centre appeals to the cultural needs of many Chinese to establish personal
contact when making a purchase.
Oriel's Chief Executive Officer, Martijn Hovinga, commented today: "We have quietly and
consistently built the fundamentals of our payment service. I am excited to see substantial and
ongoing progress."
This stock was up around 40% yesterday following this announcement. I bought in yesterday and this morning they're down from .051 to .049 (-4%). I'm a real beginner when it comes to trading and generally make more losses than gains. But I'd be keen to hear what others think about the stock if you have the time to respond....thanks
ORIEL COMMUNICATIONS MAY 2007 MARKET UPDATE BILLTOBILL PAYMENT SOLUTIONS CHINA Key Points ·BILLTOBILL EXCEEDS EXPECTED GROWTH IN GROSS REVENUES ·DRAGONAIR COMMENCES `LIVE ` TRANSACTIONS ·EXCITING NEW PRODUCT EXTENSION APPEALS TO CHINESE CULTURE
Melbourne, 2nd May 2007. The Directors of Oriel Communications Ltd. ("Oriel") advise that
BilltoBill continues to generate rapid growth in gross revenues.
BilltoBill's gross revenues in April 2007 more than doubled those achieved in March 2007. For
the remainder of the 2007 calendar year, BilltoBill conservatively estimates an average month to
month growth rate of gross revenues of between 28% and 38%.
Over the calendar year 2007, this would result in total gross revenues of between 30 and 46
million RMB from its business to consumer payment service only.
BilltoBill is also pleased to announce that Dragonair, a full subsidiary of Cathay Pacific Airways,
has commenced `live' transaction processing through the BilltoBill service. Quoting from their
press announcement dated April 17th, "Dragonair has revamped its website
(www.dragonair.com) with a new look and additional online services for customers, and now
offers online booking for the first time. The online booking services are available for flights
departing from four destinations * Hong Kong; Beijing, Shanghai, and Xiamen * with more to be
added later."
BilltoBill is currently processing debit and credit card transactions for Dragonair flights from
cities in mainland China.
In addition, BilltoBill has completed the development of a `hosted call centre service' that will
soon be launched into the China market. This service will allow existing and new merchants to
sell products and services through their call centres. Their call centre agents can enter
transaction and card information online in an application hosted by BilltoBill. In addition to its
transaction charges, BilltoBill will also invoice development and ongoing hosting fees. Sales
through the call centre appeals to the cultural needs of many Chinese to establish personal
contact when making a purchase.
Oriel's Chief Executive Officer, Martijn Hovinga, commented today: "We have quietly and
consistently built the fundamentals of our payment service. I am excited to see substantial and
ongoing progress."
Hi Santob,
Yes, there are interesting times ahead for this one. Love to know who is interested in taking a stake. Hope Oriel dont give it away by giving them a cheap price and small share holders deal with mors share hitting the market due to issue of shares to this new holder. I dont know what is happening, only thinking about all scenarios? Lets hope that things move alonf swiftly
Yes, there are interesting times ahead for this one. Love to know who is interested in taking a stake. Hope Oriel dont give it away by giving them a cheap price and small share holders deal with mors share hitting the market due to issue of shares to this new holder. I dont know what is happening, only thinking about all scenarios? Lets hope that things move alonf swiftly
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I do hold some of OCO - some news would be nice - at least an indicative price if the business is being taken over.
- Joined
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Well the answer was announced today. Takeover by FCB and conversion into an investment company..wonder how the market will react.
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