| Latest Forum Topics / MM2 Asia Last:0.003 -- |
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MM2 Asia [1B0.si]
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vicloo
Supreme |
21-Jun-2024 10:12
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Anyone still holding mm2 asia... terrible slide last few days... 5% daily. | ||||
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ozone2002
Supreme |
20-Jun-2024 10:26
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Mm2 owned Cathay cinemas closing one by one https://www.channelnewsasia.com/singapore/cathay-cineplexes-amk-hub-close-jun-30-cinema-close-jun-30-4421641?cid=FBcna& fbclid=IwZXh0bgNhZW0CMTEAAR2n4DLpH39qvK7StBUDv4DkS7UZrMWDr2L0JHlXIEi5yplZSGpCFnOIG4Q_aem_ZmFrZWR1bW15MTZieXRlcw |
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seemeyouhuat
Member |
19-Jun-2024 08:32
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no need too much, this one go to $1 is good enough to emulate gamestop liao
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ozone2002
Supreme |
18-Jun-2024 21:23
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Last:0.019  -- all time low waiting for a similar GameStop moment to crush all the shorties!
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eric998
Supreme |
11-Jun-2024 15:10
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All time low now, can load?
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Joelton
Supreme |
01-Jun-2024 18:10
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mm2 Asia narrows losses for FY2024
The group&rsquo s revenue jumped 49% y-o-y to $197.6 million, led by its concerts and events businesses. Photo: Albert Chua/The Edge Singapore
 
Media company mm2 Asia 1B0 -4.76% has narrowed its FY2024 net loss of $6.8 million attributable to equity holders, compared to $120.5 million recorded in the same period a year ago.
 
The group says it would have recorded a profit of $3.6 million if the $10.4 million share of cinema losses were excluded. 
 
mm2&rsquo s revenue for FY2024 ended March jumped 49% y-o-y to $197.6 million, which includes a 15% growth in Core Content, a 145% growth in Digital Entertainment and a 155% growth in Concerts and Events businesses. 
 
&ldquo While we have not reached our destination of full profitability yet, this year&rsquo s financial results demonstrate that we are firmly on the road to recovery,&rdquo says executive chairman Melvin Ang.
 
&ldquo We will continue our unwavering commitment to implementing strategic changes for long-term sustainability and value creation for our shareholders,&rdquo he says.
 
&ldquo Our focus in FY2025, and beyond, is rebuilding shareholder value and trust within the market,&rdquo he adds. 
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piscesmonkey
Supreme |
31-May-2024 15:06
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Bank money going use finish another rights issue?
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vicloo
Supreme |
31-May-2024 15:03
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Cinema operation is not profitable... breaking business to loss sigh.
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slingshotpro
Senior |
31-May-2024 14:37
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"Our focus in FY2025, and beyond, is rebuilding shareholder value and trust within the market. We have climbed that mountain before and we will do it again.?
Which market?
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bernardc
Elite |
31-May-2024 10:24
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Oney still not enough..
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piscesmonkey
Supreme |
31-May-2024 10:13
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Result still no good.
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ozone2002
Supreme |
31-May-2024 10:03
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Revenue Rebound: Total Group revenue grew 49% YoY to S$197.6 million from S$132.8 million in FY2023, which includes a 15% growth in Core Content, a 145% growth in Digital Entertainment and a 155% growth in Concerts and Events businesses. This is higher than the total revenue for the Group in FY2018 at S$192.0 million. 2) Growing Profit: Gross profit continued to grow, increasing 88% YoY to S$52.1 million in FY2024. Gross profit margins have also improved to 26.4% compared to 20.8% in the previous financial year. 3) Profit before Tax: Excluding Cinema Operations, the Group posted a profit before income taxes of S$11.2 million, compared to a loss of S$22.8 million in FY2023. 4) Improvements in EBITDA: Adjusted EBITDA increased by more than 50% YoY to reach S$37.2 million in FY2024 due to increased revenues from the Core Content, Digital Entertainment and Concert and Events businesses, as well as a reduction in amortisation expenses. 5) Loss after Minority Interest: The loss attributable to the Group has been reduced to S$6.8 million from S$21.4 million in FY2023. The Group would have reported a profit of S$3.6 million if the S$10.4 million share of cinema losses were excluded. 2 6) Core Content Business: The Core Content business continues its growing trend with a 15% YoY increase from S$99.9 million to S$115.1 million. 7) Concert and Event Business: The Concert and Event business recorded a remarkable contribution of S$74.4 million, a 155% YoY increase, driven by the increase in demand for live entertainment across the region. 8) Losses Attributed to Cinema Operations: The share of losses by the Cinema Operations reduced to S$10.4 million compared to S$130.8 million in the previous financial year.
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spursfan
Supreme |
31-May-2024 09:13
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https://links.sgx.com/1.0.0/corporate-announcements/WRP3XLLLH9PJLVY8/805332_02%20mm2%20Asia%20FY2024%20Financial%20Results%20-%20Press%20Release.pdf | ||||
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ozone2002
Supreme |
31-May-2024 09:11
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9m shares done today in top vol getting more active 2 billionaires starting to make their move? |
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ozone2002
Supreme |
30-May-2024 17:25
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Last:0.022        +0.001Getting active suddenly with 5 m shares done continue to accumulate at all time low!
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vicloo
Supreme |
28-May-2024 22:11
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Because it still havent report profit yet since post covid. Hope reporting profit soon.
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MrBear12
Supreme |
18-May-2024 11:48
Yells: "Cast all our anxieties on Jesus for He cares for us" |
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Stock is too cheap!
My two cents worth. |
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ozone2002
Supreme |
17-May-2024 20:26
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1B0 Stock OverviewProduces, distributes, and sponsors films, television (TV), and online content in Singapore, Malaysia, Hong Kong, Taiwan, China, and internationally.   About the company
   
 
Snowflake Analysis Good value with adequate balance sheet.  
DataLearn
 
REWARDS
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ozone2002
Supreme |
15-May-2024 17:55
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Last:0.021  -- MM2 needs to do a GameStop meme monster rally all time low, concerts in full swing, movie production resuming but share price stagnant |
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ozone2002
Supreme |
13-May-2024 17:25
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Any impact to MM2? https://www.dailyexpress.com.my/news/234150/gsc-to-close-down-more-cinemas/ |
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