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Spackman entertainment
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88everyday
Member |
21-Nov-2019 13:03
Yells: "sarcasm grabs attention" |
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Spackman bought Novus Mediacorp at S$2.5m in 2014, 2018 interest from China cashrich property developer for S$36.5m 14.6 times ROI (Return on Investment) in 4 years. Shiok!! https://shentonwire.net/2018/10/25/spackman-entertainment-china-property-company-makes-unsolicited-bid-for-novus-mediacorp/ https://sbr.com.sg/media-marketing/more-news/spackman-entertainment-acquire-51-stake-in-novus-mediacorp
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88everyday
Member |
21-Nov-2019 12:54
Yells: "sarcasm grabs attention" |
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South Korea recently broke off defense talks with US and signs defence agreement with China. Soon China' s investment will come to the Korea entertainment industry after China really lifts the ban on K-pop (due to THAAD deployment from US 2 years ago). Look out for it!! |
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niranjan
Member |
20-Nov-2019 15:54
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hope after 4pm, we see some movement in price & go high & hopefully for the week closed above 0.016cents | ||||||||||||||||||||||||||||||||||
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niranjan
Member |
20-Nov-2019 15:38
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Look like 0.013cents strong base line, 3time tested Hope now should go high & high ready to fly
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88everyday
Member |
20-Nov-2019 10:57
Yells: "sarcasm grabs attention" |
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Posting some analysis I did.  
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88everyday
Member |
19-Nov-2019 10:08
Yells: "sarcasm grabs attention" |
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There is always risks in buying stocks. No sure win. Prices going up and down is normal, now still 0.014? only down 1 pipe from last week? Why " pathetic" and " evaporate to dust" ? Do not understand.. Hahaha..... Anyway why enjoy other people' s sufferring? Supporters did no harm to you right?? Even if Supporters earn money also didnt harm you right?? Not sure I want to live this way. ![]()  
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jackjack
Veteran |
19-Nov-2019 09:26
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Look how this pathetic spackman supporters always end up evaporate to dust. I am enjoying it. Very very much | ||||||||||||||||||||||||||||||||||
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88everyday
Member |
18-Nov-2019 09:38
Yells: "sarcasm grabs attention" |
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All 0.015 sell queue eaten up while posting. Dun say good stock no one tell you. " Tell you liao, u got buy mah?" is the question.
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88everyday
Member |
18-Nov-2019 09:35
Yells: "sarcasm grabs attention" |
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With just 1 MOU Tritech and Nam Cheong up 30%. Sunwoo about to complete their purchase of ESA (second half of November). There will be news coming for Spackman very soon after that. Chance to accumulate. No downside now (Q3 financial released, no movie releases), only upside (e.g30%)    |
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newbieliu
Elite |
16-Nov-2019 10:14
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It is a wishful thiking but i like it.... LOL dunno when the spring will come!
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morgany
Veteran |
15-Nov-2019 19:52
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Yeah loh....today very quiet....hope Monday will be an Ant Mole....building higher and higher. Maybe we can see the price shoot up to 10 cents....!!!!  
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88everyday
Member |
15-Nov-2019 17:04
Yells: "sarcasm grabs attention" |
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Thin volume, no new news, nothing happening. Got what to stir?
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morgany
Veteran |
15-Nov-2019 16:32
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Hey guys, how come no booster talks today leh... All so quiet 🤫 | ||||||||||||||||||||||||||||||||||
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88everyday
Member |
14-Nov-2019 14:18
Yells: "sarcasm grabs attention" |
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Fair points made and many have raised it before. Let me give you my view point. Accretive values from acquistions?
Losses from Simplex - The movie production cost was already incurred by simplex before spackman acqusition. Therefore, there are no additional losses. Fair point is whether there will be goodwill impairment for the US$3m paid for the company. Once again this is unlikely as amount paid is mainly to recruit the talented producer (mentioned above). Management says undervalued stocks but continue swapping - this is a question of chicken and egg. Management need to take risks for more acquistion to grow and raise stock price. At the same time, they need to do swapping (because issusing rights shares are not preferred) to do take these risks. Conclusion, it can never be the case of do nothing and the share price raise by itself. CEO sold all his shares - I do not question this new CEO' s decision. He may have other debts that he needs to urgently pay off which he doesn' t want to publicly disclose? Contribution from Simplex - like any other production house. Capacity for more quality movies from a experience producer. More producers means more movies every year, as simple as that.
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FrancisLim
Elite |
14-Nov-2019 11:40
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Where are the accretve values from all those swapped cos? Greenlight?  Simplex, Equipment rental, coffee shop... or SMGL -paying a huge sum for the acquisitions, where are the contributions. In negotiation for strategic investors  .. forever in negotiation. Why no mention about the contribution from Crazy Romance, and the losses from the simplex film, The Jesters, Game Changer - cost USD11 mio production and earned as reported in the korean box office daily USD4 mio plus. The the managment, sayi g the share price undervalued all the way from above 10 cents to 4.6 cents, and furiously swapping for all those cos that failed to provide psotive contribution to the company. Where are the share purchases from the management if they beleived at over 10 cents, share price was undervalued, or the current CEO who at 4.6 cent said the share price was undervalued, but quickly sold all his swapped shares when he sold his interest in Greenlight to the Co. What is the contribution from Simplex.   |
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danger
Supreme |
14-Nov-2019 09:22
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bro 88 i need you to eat up that 7 million shares now
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88everyday
Member |
14-Nov-2019 09:09
Yells: "sarcasm grabs attention" |
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why do you and others so confident of management being " con man" get your idea from? SGX, auditors, independent directors, Korean banks (which lend them loans) and other regulators (both Korea and SG) did not brand them as such. They are the ones with all the records and evidences (if any) such as shares transfer registry, unrestricted access to internal documents and they have the authority to take actions. Its their rights and job to do so, and no reason for not doing so.  
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danger
Supreme |
14-Nov-2019 09:08
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I already said it is still a loss but smaller loss Now is waiting for sale of subsidiary
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jackjack
Veteran |
14-Nov-2019 08:35
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You know i sometimes very envy spackman con mam management. They run the company sooooo badly and so obvious but all the blindly supporters here still believe in them. Hahahaha. How i wish i can be con man like them where you can put on the paper telling you are making loss then people still see it as a good result. Hahahaha! | ||||||||||||||||||||||||||||||||||
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lailai
Elite |
14-Nov-2019 08:07
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Strategic TO would be excellent, but not the usual stratetegic swapping with certain unnamed individuals.![]()
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(e.g30%)  