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Spackman entertainment
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danger
Supreme |
11-Oct-2019 09:08
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WILL SPACKMAN SHOOT UP LIKE PARKSON FROM 0.008 rocket to 5c in weeks
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danger
Supreme |
11-Oct-2019 09:04
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will shoot to 10cents soon ? The movies box office doing so well | ||||
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luckyfa
Elite |
11-Oct-2019 09:02
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A long 'pressed' stock.....could be G invacom alike....time to move up ..... Not vested yet but just an opinion | ||||
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lailai
Elite |
11-Oct-2019 08:15
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' Singapore, 10 October 2019 &ndash Spackman Entertainment Group Limited (&ldquo Spackman Entertainment Group&rdquo or the &ldquo Company&rdquo and together with its subsidiaries, the &ldquo Group&rdquo ), wishes to announce that the Group&rsquo s new film, CRAZY ROMANCE, a romantic comedy film produced by the Group&rsquo s indirect wholly-owned subsidiary, Zip Cinema Co., Ltd. (&ldquo Zip Cinema&rdquo ), exceeded its break-even point of 1.5 million tickets within eight days since the first day of its official wide release on 2 October in Korea.' Seems like bad news, cos price kept dropping. Better kongsi don' t release news lah, bad for investors lah, but good for shorties and swappies. 
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bigsmall
Member |
10-Oct-2019 22:46
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Can' t imagine share price if news not good.
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FrancisLim
Elite |
10-Oct-2019 19:06
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Crazy Romance - grossed US$10 million within 8 days. Jesters - Game Changers - costs USD11 mio, per Korea Film Zone grossed USD4 mio - grossly overvalued swap for Simplex. The Priest, The Masters, Default all had very good box office earnings - The Priests raked in US$37 million, The Masters US$50.5 million, Default USD27.6 million. Why the share price dropped from 20 over cents to 1 cent. Mr. Ko, the current CEO received Spackman shares for the sale of Greenlight to Spackman. He sold all the Spackman shares. No skin in the Company. Take all these standard announcements in the same light as the Master - USD54 million, yet not reflected proportionately in the co' s results, and worst with the swap for SMGL, and other companies, latest being Greenlight and Simplex, the share is now at 1 cent. Based on past records, trust in the management is ....less than the current share price. |
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ninja1235
Member |
10-Oct-2019 17:44
Yells: "No one wins all the time!" |
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Profit guidance soon.. good luck.
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newbieliu
Elite |
10-Oct-2019 17:27
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Was about to share the data
$4,549,889weekly gross ($7,631,887) total Vested today lol
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guards80
Supreme |
10-Oct-2019 17:12
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Spackman: General Announcement :: SEGL' S NEW FILM, CRAZY ROMANCE, SURPASSES BREAK-EVEN POINT OF 1.5 MILLION TICKETS WITHIN EIGHT DAYShttp://repository.shareinvestor.com/rpt_view.pl/id/812801.1/type/sgxnet/original_filename/1 |
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lailai
Elite |
10-Oct-2019 10:59
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Gross collection after 8 days, ie til 9 oct, is a huge $10.7mil. Daily position #2 next to top world renown ' Joker' , US. Kongsi collected a lot from movie viewers, as Spacky does produce a number of box office movies in SK. Also collected a lot from the ipo at 26c. With such good background, counter should be worth 40-50c, with a fraction of earnings to be distributed to shareholders. But alas, what goes in, seemed siphoned out frequently to privately arranged swappers, who are often certain nameless unidentifieds. Or so it seemed, otherwise where does the huge movie and ipo collections go to? Even with excellent potential of huge rev which will include 22 markets, including S' pore, price currently dropped from 11/12 to 10/11. What a sad unromantic movie show!
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FrancisLim
Elite |
10-Oct-2019 09:27
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In Greek mythology, the Sirens were dangerous creatures, who lured nearby sailors with their enchanting music and singing voices to shipwreck on the rocky coast of their island. From past actions, these announcements are siren calls and have led the investors being shipwrecked.
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meljohn
Senior |
09-Oct-2019 18:49
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Waste money and time | ||||
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guards80
Supreme |
09-Oct-2019 18:27
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CATALIST-LISTED film producer and investor Spackman Entertainment Group on Wednesday said its new South Korean film Crazy Romance will debut in 22 markets, including Singapore. Produced by Zip Cinema, Spackman&rsquo s indirect wholly-owned subsidiary, the romantic comedy stars veteran South Korean actor Kim Rae-won of Doctors (2016) and popular actress Gong Hyo-jin of Don&rsquo t Dare to Dream (2016). It is presented and distributed by South Korea&rsquo s Next Entertainment World. Singapore-based film distributor Clover Films has purchased the theatrical distribution rights of Crazy Romance in Singapore, Spackman said. The other 21 markets will include Malaysia, Vietnam, Cambodia, the Philippines, Taiwan, Hong Kong, Macau, Australia and New Zealand. The film&rsquo s estimated total production budget, including prints and advertising costs, has been tentatively set at 6.7 billion won (S$9.25 million). Within five days of its Oct 2 wide release in South Korea, the film had recorded 1.3 million ticket sales with more than US$9.1 million in gross box office revenue, according to Spackman. Directed by independent film director Kim Han-gyeol, Crazy Romance tells the story of a man who is still in love with his former girlfriend while she is going through a breakup with her current boyfriend. Spackman has offices in Seoul and Singapore, and develops, produces, presents and finances films in South Korea. It also produces Korean television dramas. In addition to its content business, Spackman invests in entertainment firms and film funds. Its shares were trading at 1.1 Singapore cents at 3.37pm on Wednesday, down 0.1 cent. http://www.businesstimes.com.sg/companies-markets/spackman%E2%80%99s-south-korea-film-crazy-romance-to-debut-in-22-markets |
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FrancisLim
Elite |
09-Oct-2019 16:41
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SgYuan chart shows the steep fall off the cliff. The films may hit box office, break-even, record attendance... pre-sold and what have you. The massive dilution of shares through share swaps for lofty valuations where subsequently they do not contribute to cash flow and profits and the disposal of swap shares. SgYuan' s chart clearly shows that. If not for these dilutive actions, then logically the box office would contribute to the co' s bottom lines significantly and reflect in the share price. It is obvious, Mr. Ko, the current CEO sold all his swapped shares and wisely sold because the minority shareholders ended up being short changed.
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FrancisLim
Elite |
09-Oct-2019 16:12
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Same old pattern, same old tricks " Group&rsquo s financial thriller film, DEFAULT, has been presold to 17 countries including Canada, Italy, Japan, China (Hong Kong & Macau), Taiwan, Singapore, Indonesia, Malaysia, Brunei, the Philippines and the United States" Only thing that is constant, selling off of swapped shares, and share price keep on dropping. Checked the share price when Default was marketed. |
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guards80
Supreme |
09-Oct-2019 14:42
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Spackman: New Film, CRAZY ROMANCE, Produced By Zip Cinema, Ranked As Korea' s Best Romance Film Of The Year, To Debut In 22 Countries Including Singapore.09 Oct 2019 13:19
CRAZY ROMANCE, a romantic comedy film produced by the Group' s indirect wholly-owned subsidiary, Zip Cinema, has been exported to 22 countries including Singapore, Malaysia, Vietnam, Cambodia, Taiwan, Philippines, Hong Kong, Macau, Australia and New Zealand. Ranked as the best romance film of the year in Korea, the romantic comedy film surpassed the 1 million ticket sales mark within five days of its wide release on 2 October 2019 in Korea. Released on an average of 1,045 screens, CRAZY ROMANCE grossed more than US$9.1 million in box office revenue and recorded a total of 1,288,972 tickets as of 7 October 2019... http://repository.shareinvestor.com/rpt_view.pl/id/cdd42046fa5c99113bd4345469283b60b39910a00f8c65e09b37ef3a2fb4cb6d/type/si_news |
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sbscap
Master |
09-Oct-2019 11:45
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Thanks to SGX toothless regulatory power, minority shareholders are fleeced to the bones. The longevity of the interim CEO, flows of positive SGX marketing announcements, big share swaps, mismatch of box office success to company' s earnings and the buying of a 10% stake in a restaurant are warning signals of things not doing well. But one cannot fleece a company alone. This whole thing is worthy of a Korean drama. LOL. | ||||
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lailai
Elite |
09-Oct-2019 10:55
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With such swapping arrangements, how can the market trust the kongsi. After 1 week of screening, crazy romance already achieves $9.1mil collection, such attractive revenue. But sad to say, today not even one buyer for 1.2cts, when ipo launched was 26cts. Seems like money channelled out through swaps and swaps, otherwise how can worth so little now, when kongsi has been making positive announcements most of the time.
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FrancisLim
Elite |
09-Oct-2019 09:54
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It is the swaps at highly inflated values as proven by the steep fall in share price after each swap that diluted the minority shareholders and saw the steep fall in share price. All the way the swaps even with SMGL at the same price(for SMGL) but the co' s share price kept on adjusting downward for the swap Worst, the holders of the swapped shares disposed them immediately like the current CEO, Mr. Ko who received Spackman shares when he sold his co, Greenlight to Spackman. He disposed them totally even before he joined as CEO. What faith you you place on this guy who sold all his shares and then became CEO and said the Co' s share price was undervalued then. He sold all his shares not retaining even one share. He could obtain share financing if he really believed the share price was undervalued. It ireminds me of someone thinking the house is on fire, and run for his life without bothering to put on his pant. Where the interim CEO, Mr. Lee who during his interimship overseen the drop in share prices with share swappings. He still on the company' s payroll doing spin offs. Better let him spin the toy spin off and do less harm to the co' s share price. So what had he done, spin off when the Co as a whole had fallen flat from IPO price of 23 cent to current 1 cent. |
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sbscap
Master |
08-Oct-2019 15:39
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It appears that the biz model is not in favor of the company. I don' t even know the model. A successful film will only bring in alot of PR news and an average film will result in losses. Perhaps one of you should ask the board how the revenue at the box office flows to the company. Then again, why bother. The board will probably tell you it is a trade secret. Pity the minority shareholders. | ||||
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