Latest News about Nextnation

Nextnation share price has been dropping consistently over the last few weeks. Selling pressure remains high where there are more sellers than buyers. Last minute buying always happens which keep the price well above 0.60.
Recently, Nextnation wholly-owned subsidiary, Ozura Sdn Bhd has partnered with one of the best telecommunication provider in Malaysia, DiGi in running Mobile Game Tournament. This online mobile game tournament is powered by Ozura's proprietary mobile gaming platform, FunlogiX. More information about the tournament can be obtained at http://www.digi.com.my/whatshot/promotions/coke/index.do and DiGi WAP site. The most excitement for the tournament would be the prizes offered - Proton Savvy cars!
Ozura has provided their technology to more than 5 mobile operators internationally within the past 6 months. FunlogiX is one of the most sought after platforms in the mobile gaming industry.
Peh from Ozura said that Ozura revenue is expected to increase many fold and 2007 will be an exciting year for Ozura.
Looking at the current share price, it is very good offer for investors who are looking for the value and want to enjoy the growth with the company.
I expect Nextnation to post a net profit of at least RM5.8mil for Q3, which will be released in March 2007. For the financial year ended 30 April 2007, net profit of at least MYR20mil is expected from Nextnation.