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Spackman entertainment
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guards80
Supreme |
18-Jul-2019 15:25
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must above 20 then can see bull
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danger
Supreme |
18-Jul-2019 15:25
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BULL IS HERE ??!! | ||||
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danger
Supreme |
18-Jul-2019 15:17
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OMG !!! SUPER HUGE BUY UP !!! BULL FINALLY COMING ??!! | ||||
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Maller
Elite |
16-Jul-2019 15:57
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Collecting, waiting...dyodd | ||||
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danger
Supreme |
16-Jul-2019 14:35
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Simplex intends to produce top quality films to be theatrically released and distributed in Korea and overseas. Simplex shall first release its films initially in Korea and subsequently in post-theatrical markets such as cable television, broadcast television, IPTV, video-on-demand, and home video/DVD, etc.
Simplex' s upcoming film, JESTERS: THE GAME CHANGERS, a historical comedy film starring Cho Jin-woong of INTIMATE STRANGERS (2018) and THE SPY GONE NORTH (2018) and Son Hyun-joo of ORDINARY PERSON (2017), is expected to be released in August 2019 in Korea. The film, which is currently in the post-production stage, is distributed by Warner Bros. Korea and directed by Kim Joo-ho. Kim Joo-ho was nominated for the Best New Director at the 49th DAEJONG Film Awards and the 33rd Blue Dragon Film Awards. Notably, he won the Orient Express Award at the 33rd Fantasporto - Oporto International Film Festival. |
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danger
Supreme |
16-Jul-2019 12:23
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COULD THIS ROCKET BE CONSOLIDATING FOR BREAKOUT LIKE PARKSON ??!! PARKSON FELL TO 0.09 BEFORE SUDDENLY IT WOKE UP AND RALLIED TO 5c .. UP A WHOPPING HIGH OF 500% IN DAYS |
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sbscap
Master |
16-Jul-2019 11:28
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I was trying to be diplomatically sarcastic. Lots of dichotomies in this deal as you have highlighted. I' m actually curious to know if the vendors in the previous share deals have sold their shares. As shares are swapped at progressively lower and lower levels, it would be financially wise on hindsight for the previous vendors to sell their swapped shares ASAP. Spackman may have to do a share consolidation to continue their share swaps. Just to balance my view, I have to consider the possibility that there could be potentially major tangible and sustainable monetary benefits coming from this and other previous swaps.
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Maller
Elite |
16-Jul-2019 10:16
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Vol getting stronger... coming?? | ||||
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ninja1235
Member |
15-Jul-2019 14:06
Yells: "No one wins all the time!" |
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They buy new acquisiton at above NTA but issue and pay new spackman shares at below NTA. Good deal!! |
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ninja1235
Member |
15-Jul-2019 13:36
Yells: "No one wins all the time!" |
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not sure whats the benefit of aquiring a 4 year old company with negative NTA for S$3.3million?
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sbscap
Master |
15-Jul-2019 09:47
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Acquisitions are financed by share issues. Even at such low share prices. If the acquisitions are indeed so attractive, then the benefits must be salient. Will be interesting to see and to quantify such benefits. | ||||
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lailai
Elite |
15-Jul-2019 09:11
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Has become quite obvious. Before good news, price was 17/18, after good news price is 16/17. Management sleeping or what? 
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tonytan44
Supreme |
15-Jul-2019 09:08
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wow nowadays when spackman got news players dont wait for eat up they just whack and short
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guards80
Supreme |
15-Jul-2019 09:08
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Spackman to buy Korean film production company for S$3.3m in sharesCATALIST-LISTED film producer and investor Spackman Entertainment Group is looking to buy the entire stake in South Korean film production company, Simplex Films, for S$3.3 million in new Spackman shares. In a bourse filing on Monday morning, Spackman said it had entered into a sale and purchase agreement with four independent third parties to acquire a 100 per cent interest in Hong Kong-incorporated Simplex Films Limited (SFL). SFL wholly owns South Korea-founded film production firm Simplex Films Co., Ltd, which is headed by veteran Korean producer, Lim Ji-young. The total purchase consideration will be 165 million new shares in Spackman, at two Singapore cents apiece. This works out to a price tag of around S$3.3 million. The issue price of two cents represents a premium of 17.6 per cent to the stock' s volume weighted average price of 1.7 Singapore cents per share based on trades done on July 12. Spackman said the purchase price was arrived at after arm&rsquo s length negotiations and after reviewing the average of Spackman&rsquo s past one month&rsquo s volume weighted average price of about 1.8 Singapore cents and taking into account, among other things, SFL&rsquo s unaudited net profit before tax of 72.3 million South Korean won (S$83,743) for the period from Jan 1 to May 31, 2019. The new Spackman shares, when allotted and issued, will represent about 13.8 per cent of the enlarged share capital upon completion of the acquisition. Spackman said the proposed acquisition is in line with its strategy of &ldquo aggressively&rdquo looking out for acquisitions that can add accretive value to the group&rsquo s existing film production business, and it will also allow the sharing of networks and resources. The acquisition is subject to conditions precedents such as the veracity of warranty, completion of Spackman&rsquo s due-diligence exercise including the valuation of SFL, regulatory approvals, and the consent of the boards of directors of SFL and Spackman. John Ko, chief executive officer of Spackman, said the proposed acquisition will expand Spackman&rsquo s annual film production capacity and have a positive contribution within this fiscal year from Simplex&rsquo s maiden film. Simplex&rsquo s upcoming film, Jesters: The Game Changers, is a historical comedy starring Cho Jin-woong and Son Hyun-joo, and is set to be released in August this year in South Korea. Currently in the post-production stage, the film is distributed by Warner Bros Korea and directed by Kim Joo-ho. Spackman said Simplex plans to produce films to be theatrically released and distributed in South Korea and overseas. Simplex will first release its films in South Korea, and subsequently in post-theatrical markets such as cable television, broadcast television, Internet Protocol television (IPTV), video-on-demand, and home video or DVD. Spackman said the proposed acquisition will enable the group to be &ldquo better positioned to invest in Simplex&rsquo s pipeline of high-quality films in terms of script and casting in order to seek higher returns as both a film producer and an investor&rdquo . Simplex has the following tentative pipeline of films: A Bolt from the Blue, Irrevocable Promise, Our Superstar K, Happy Murder, Girl Crush, and Temptation. A Bolt from the Blue is scheduled to start production in 2019. It will be directed by Kim Ji-mok, and is a remake of a 2014 Japanese comedy drama. Spackman is an entertainment production group founded by media investor Charles Spackman, with offices in Seoul and Singapore. The company is primarily engaged in the independent development, production, presentation, and financing of theatrical motion pictures in South Korea. It also produces Korean television dramas. In addition to its content business, Spackman invests in entertainment companies and film funds. Last week, the company announced that its subsidiary, Zip Cinema, will start filming its next major film in the second half of 2019. The movie, Alone, is headlined by actor Yoo Ah-in and actress Park Shin-hye. http://www.businesstimes.com.sg/companies-markets/spackman-to-buy-korean-film-production-company-for-s33m-in-shares |
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tonytan44
Supreme |
15-Jul-2019 08:40
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haha wait for eat up then opp to short make money
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guards80
Supreme |
15-Jul-2019 08:22
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Spackman: Asset Acquisitions and Disposals :: PROPOSED ACQUISITION OF 100% EQUITY INTEREST IN SIMPLEX FILMS LIMITEDhttp://repository.shareinvestor.com/rpt_view.pl/id/800619.1/type/sgxnet/original_filename/1http://repository.shareinvestor.com/rpt_view.pl/id/800619.2/type/sgxnet/original_filename/1 |
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Maller
Elite |
14-Jul-2019 15:13
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Next week shd cheong? DYODD | ||||
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Maller
Elite |
13-Jul-2019 23:42
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Released a good news. Please see: Spackman Entertainment Group&rsquo s Upcoming Movie with The Working Title, ALONE, Starring Yoo Ah-in Of Spackman Media Group and Park Shin-hye, To Commence Filming in The Second Half Of 2019 | ||||
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Maller
Elite |
12-Jul-2019 15:33
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So any updates? | ||||
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morgany
Veteran |
11-Jul-2019 12:45
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With this kind of performance on Spackman, you think investors will jump into their IPO....fat hope !!!!! I for sure won' t join in the subscriptions......................
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