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Spackman entertainment
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kelvintan84
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26-Nov-2018 20:28
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Lol, another easily triggered.
"you are in no position as ONLY A TA TRADER/SPECULATOR to judge if Spackman Entertainment Group ' s IR nature of job scope" - this is an open forum, if you don't like what you read run along and get a life. IR job includes calming the market, Jasmine is doing a terrible job on this, look at the share price, do we even need to discuss? How many times did you see spackman holding roadshows/ invite analyst meet up other than RHB? "Spackman themselves have credible news which have understated them as a company with sound cashflow" - erm... How is negative operating cash flow (4 out of 5 years) sound? How is multiple years of lost making ( other than last year) a quality company? Look at retained earnings, it's wayyyyyyy at the negative region. "added proper Research analyst reports on them from 2014 to 2018"- erm, if you think RHB is "proper research analyst" I think it speaks volumes. You know what? I really don't wanna talk bad about a counter I have position in, but I think you need to brush up your FA before engaging in a debate. I am vested based on a bet - the success of the upcoming movie and the potential spin off to some random Chinese company for propaganda purpose. But that does not mean it is a well run company. You believing that acquiring relatively unknown companies at 8x NTA says alot. But don't come here and try to educate me if I have basic investment knowledge. You look like a fool yourself.
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chanlz6716
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26-Nov-2018 15:51
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Good afternoon all. My comments right here right now DO not have ANY IMPACT on Spackman Entertainment Group book values or share price itself be it current or future. I would just voice out my fair statement to Mr Kelvin Tan whom I have finished reading. @KelvinTan, if you are trader or speculator whichever you name it scalper, breakout trader, first thing congratulations to you if you have made a pile out of Spackman by trading the stock based on TA. On a high note, I would like to adrress to you directly that you are in no position as ONLY A TA TRADER/SPECULATOR to judge if Spackman Entertainment Group ' s IR nature of job scope via corporate responsiblities or any of their management personell duties, let alone you shooting criticisng the IR or concluding Spackman is not quality compnay does not make you any reputable honour in presenting yourself as a person with basic investment knowledge. First thing first, investors have kind knowledge to follow http://www.spackmanentertainmentgroup.com/news.html to keep track / monitor the company' s growth progression. Valuation of share prices aint just dependable on just IR or CFO etc. Spackman themselves have credible news which have understated them as a company with sound cashflow, added proper Research analyst reports on them from 2014 to 2018. You can save your critics to yourself in the cabinet even if you are speculating on other SGX counters because what everybody is looking forward is positivity. Thank you. http://www.spackmanentertainmentgroup.com/news.html |
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kelvintan84
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23-Nov-2018 21:31
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But IR supposed to reach out to analyst or organised roadshow to address concerns lei. But the IR does none of those. This Jasmine only keep posting on their website only lei.. actually the major shareholder is spackman entities, which is some random group of people...
Management of comapny is always by management la... Not by shareholder la... Just that shareholder can bang table and talk louder once a year (which is missing that's why they can do whatever they want) But then again, I'm a trader/speculator. I don't think spackman is a quality comapny, I just think the TA seems to suggest the SP may be moving up ... If it doesn't happen and down 3 pips then sell lor...
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sbscap
Master |
23-Nov-2018 17:13
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@kelvintan84, I think there is no fault of the IR person. Decisions are certainly not made by IR. It is typically made by top management and/or controlling shareholders. But we have a strange situation of the apparent absence of controlling shareholders and a CEO designated as interim. Someone or some group of people are calling the shots and the decisions have so far being share price unfriendly. | ||||
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kelvintan84
Veteran |
23-Nov-2018 12:07
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spackman has poor management (Mr Spackman and now the interim CEO), with poor sense of managing the financial market (dont know who is valuing the new acquisition) and even poorer IR (that Jasmine Hd of IR, dont know what she doing hiding behind her computer)... so many years liao cannot tell meh... lol... aiya... anyone see the trailer for default? looks good lei!
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sbscap
Master |
23-Nov-2018 11:46
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To be fair to the interim CEO, he could be just an employee and has to say good things like the shares being undervalued. His disclosed pay in SEGL is not in the high bracket and it wouldn' t be fair for him to buy alot of shares. What is perhaps puzzling is the decision to swap more shares at significantly lower prices even though the shares were undervalued to begin with. There isn' t a significant shareholder appearing from the swapped shares. It means either the swapped shares were already disposed or there are many legally different parties holding the swapped shares. If one assume the prospects of the acquisitions are outstanding, the company should wait a little and let the market see and digest the positive results before doing more swaps. One wonders how decisions are made with regard to the share swaps.
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kelvintan84
Veteran |
23-Nov-2018 10:24
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lol.... yeah.... looks like the buyers from yesterday were only afew party.... machaim retailers all never participate.... you guys la... keep saying bad things about spacky (not wrong though) anyway the peple selling to me was from UOB and MK if anyone is interested. |
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guards80
Supreme |
23-Nov-2018 10:05
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today spackman on leave | ||||
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kelvintan84
Veteran |
22-Nov-2018 17:04
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Wah bro, don't so hostile lei. My msg isn't aiming at u, and my post isn't to ask ppl to follow either.
My point is, do anyone of u think that ppl buy spacky because it is a quality company (DBS or Jardin?) Of course not right? So why need to analyst FCF la, Operating CF la... The whole point in buying spacky is to speculate, and therefore the tight sl and based on TA. If TA prove U-turn, then SL lor, it's normal trading activities, no emotion involved one lei. What's the point of repeating the same old story on it's fundamental again and again, I doubt if there's anyone who doesn't know it. Rather, look at opportunity, the new movie is launching.. and price action seems to suggest someone is positive about it. Isn't these what you should bet on (or against) when u buy spacky now? No offense intended, pls don't be triggered.
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guards80
Supreme |
22-Nov-2018 16:57
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👍 👍 👍
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FrancisLim
Elite |
22-Nov-2018 16:54
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Good luck and all the best.
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guards80
Supreme |
22-Nov-2018 16:51
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Last time i long still can gain... nowsday i only can short. No luck long already... but i never short spackman
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guards80
Supreme |
22-Nov-2018 16:46
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that day buy at 29.... and then SL at 27.. give up liaoz.. last time i alway use to play spackman u can see 1 to 2year
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FrancisLim
Elite |
22-Nov-2018 16:44
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Guards80 You still long on Spackman?  You are a good shortist.   
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morgany
Veteran |
22-Nov-2018 15:14
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Yeah Bros....I talk too much and worry too much about our Bros here...we are not trading DBS or Jardine M.....feel ok just go in like Kelvintan...buy and SL 3 pips, this is the way to go....
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kelvintan84
Veteran |
22-Nov-2018 11:38
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Entered at 27. Same rules: 3 pips SL. Either lose 3 pips or ride the wave up. Dont need to post so much, talk so much, analyse so much. You are not buying DBS or Jardin. |
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jackjack
Veteran |
22-Nov-2018 10:30
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I have said it before. This stock is second worst stock in sg after noble. | ||||
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jackjack
Veteran |
22-Nov-2018 10:25
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Things are pretty clear. This company like throw some pointless news which people deemed to be good news. Big volume created buy price going nowhere. After that small volume selling and price keep go down. The cycle repeat and repeat again. Yet people still want believe and go into the management's trap | ||||
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guards80
Supreme |
22-Nov-2018 09:17
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Look like some unloading processing
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guards80
Supreme |
22-Nov-2018 09:12
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Top vol now
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