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piscesmonkey Supreme	20-Nov-2023 21:21        piscesmonkey About Contact  Quote this Post!
x 0   x 0  Alert Admin	Maybe MM2 going make annoucement this? https://www.chinapress.com.my/20231119/%E6%88%90%E5%8A%9F%E6%97%B6%E4%BB%A3%E5%B9%BF%E5%9C%BAgsc%E8%B5%B0%E4%BA%86-%E8%BF%8E%E6%9D%A5mmcineplexes/
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piscesmonkey Supreme	20-Nov-2023 12:53        piscesmonkey About Contact  Quote this Post!
x 0   x 0  Alert Admin	Look like going up 38/39 soon. RSI and MACD bullish start?
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piscesmonkey Supreme	20-Nov-2023 10:27        piscesmonkey About Contact  Quote this Post!
x 0   x 0  Alert Admin	Last result already show turnaround with big profits. Soon going up 60. And also takeover GSC at timesquare more profit generate. ozone2002      ( Date: 20-Nov-2023 10:19) Posted: 0.034        +0.001 slow climb to pre-pandemic price piscesmonkey      ( Date: 20-Nov-2023 09:30) Posted: More profits coming in next result 👍
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ozone2002 Supreme	20-Nov-2023 10:19        ozone2002 About Contact  Quote this Post! Style: Technical
x 0   x 0  Alert Admin	0.034        +0.001 slow climb to pre-pandemic price piscesmonkey      ( Date: 20-Nov-2023 09:30) Posted: More profits coming in next result 👍
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piscesmonkey Supreme	20-Nov-2023 09:30        piscesmonkey About Contact  Quote this Post!
x 0   x 0  Alert Admin	More profits coming in next result 👍
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piscesmonkey Supreme	19-Nov-2023 15:44        piscesmonkey About Contact  Quote this Post!
x 0   x 0  Alert Admin	GSC to close and mmCineplexes take over. MM2 will start more revenue soon.👍 https://www.businesstoday.com.my/2023/11/19/gsc-to-close-berjaya-times-square-cinemas/
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piscesmonkey Supreme	17-Nov-2023 09:36        piscesmonkey About Contact  Quote this Post!
x 0   x 0  Alert Admin	Today going up 40? Since got bb buying yesterday. piscesmonkey      ( Date: 16-Nov-2023 17:10) Posted: somehow like warmup engine lol piscesmonkey      ( Date: 16-Nov-2023 16:47) Posted: someone bought 2m shares 33 to 35
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piscesmonkey Supreme	16-Nov-2023 17:10        piscesmonkey About Contact  Quote this Post!
x 0   x 0  Alert Admin	somehow like warmup engine lol piscesmonkey      ( Date: 16-Nov-2023 16:47) Posted: someone bought 2m shares 33 to 35
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piscesmonkey Supreme	16-Nov-2023 16:47        piscesmonkey About Contact  Quote this Post!
x 0   x 0  Alert Admin	someone bought 2m shares 33 to 35
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piscesmonkey Supreme	16-Nov-2023 16:00        piscesmonkey About Contact  Quote this Post!
x 0   x 0  Alert Admin	Dont think so. Let see this fewsday will know vicloo      ( Date: 16-Nov-2023 15:56) Posted: Because rights issue dilution coming, took my profit at 33c. Will come back again post dilution 😁 . ozone2002      ( Date: 16-Nov-2023 14:35) Posted: Exactly profitable and price is at all time low bleed and lose money big time also all time low 😅 😅 😅 😅 😅 😅 😅 😅 😅 😅 😅 😅
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vicloo Supreme	16-Nov-2023 15:56        vicloo About Contact  Quote this Post!
x 0   x 0  Alert Admin	Because rights issue dilution coming, took my profit at 33c. Will come back again post dilution 😁 . ozone2002      ( Date: 16-Nov-2023 14:35) Posted: Exactly profitable and price is at all time low bleed and lose money big time also all time low 😅 😅 😅 😅 😅 😅 😅 😅 😅 😅 😅 😅 piscesmonkey      ( Date: 16-Nov-2023 13:48) Posted: 1H FY2024 soared by 146.1% to S$128.7 million, largely driven by the gradual recovery from the COVID-19 pandemic. Only up 3pips from 30 to 33? cannot be. should be above 50 soon?
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ozone2002 Supreme	16-Nov-2023 14:58        ozone2002 About Contact  Quote this Post! Style: Technical
x 0   x 0  Alert Admin	Market maker for MM2 is dreaming 💭     piscesmonkey      ( Date: 16-Nov-2023 14:41) Posted: BB buy Q 1.8m at 32? wait for  people throw him? ozone2002      ( Date: 16-Nov-2023 14:35) Posted: Exactly profitable and price is at all time low bleed and lose money big time also all time low 😅 😅 😅 😅 😅 😅 😅 😅 😅 😅 😅 😅
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piscesmonkey Supreme	16-Nov-2023 14:41        piscesmonkey About Contact  Quote this Post!
x 0   x 0  Alert Admin	BB buy Q 1.8m at 32? wait for  people throw him? ozone2002      ( Date: 16-Nov-2023 14:35) Posted: Exactly profitable and price is at all time low bleed and lose money big time also all time low 😅 😅 😅 😅 😅 😅 😅 😅 😅 😅 😅 😅 piscesmonkey      ( Date: 16-Nov-2023 13:48) Posted: 1H FY2024 soared by 146.1% to S$128.7 million, largely driven by the gradual recovery from the COVID-19 pandemic. Only up 3pips from 30 to 33? cannot be. should be above 50 soon?
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ozone2002 Supreme	16-Nov-2023 14:35        ozone2002 About Contact  Quote this Post! Style: Technical
x 0   x 0  Alert Admin	Exactly profitable and price is at all time low bleed and lose money big time also all time low 😅 😅 😅 😅 😅 😅 😅 😅 😅 😅 😅 😅 piscesmonkey      ( Date: 16-Nov-2023 13:48) Posted: 1H FY2024 soared by 146.1% to S$128.7 million, largely driven by the gradual recovery from the COVID-19 pandemic. Only up 3pips from 30 to 33? cannot be. should be above 50 soon?
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piscesmonkey Supreme	16-Nov-2023 13:48        piscesmonkey About Contact  Quote this Post!
x 0   x 0  Alert Admin	1H FY2024 soared by 146.1% to S$128.7 million, largely driven by the gradual recovery from the COVID-19 pandemic. Only up 3pips from 30 to 33? cannot be. should be above 50 soon?
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piscesmonkey Supreme	15-Nov-2023 18:14        piscesmonkey About Contact  Quote this Post!
x 0   x 0  Alert Admin	Holding well. Those bought around 28 to 30 should be sold today. Tmr will BB start to push up liao ozone2002      ( Date: 15-Nov-2023 14:15) Posted: Content and concerts are the biggest growth drivers, glad to see the recovery happening.. price still at 52 wks low, even though profitable 🤣 🤣 🤣 1) Expanding Revenue Resurgence Our Group revenue for 1H FY2024 soared by 146.1% to S$128.7 million, largely driven by the gradual recovery from the COVID-19 pandemic. Our resilient Content business grew by 36.0% to S$58.5 million due to the demand for content in the region in which the Group operates and our Concert and Event business revenues grew by more than 9 times to reach S$66.4 million, reflecting the strong recovery and robust demand of LIVE events industry. 2) Impressive Gross Profit Growth Gross profit rose by S$26.5 million to S$39.3 million, with the gross profit margin improving from 24.5% to 30.5%, due to the resilient performance of our Content business and procuring and executing the right projects in Concert and Event business. 3) Net Profit After Tax As a result of the surge in our revenue especially, in our Content and Concert and Event businesses, the Group profitability has turned to a net profit after tax of S$10.8 million from a net loss after tax of S$6.2 million. 2 4) Improvements in EBITDA EBITDA increased by 220.4% to reach S$33.0 million in 1H FY2024 due to increased revenues from the Content and Concert and Event businesses. 5) Return to Profit After Minority Interest mm2 Asia successfully turned back to profit after minority interest, recording a notable gain of S$3.0 million. This positive turnaround contrasts with a loss of S$5.4 million previously. The Concert and Event business played a pivotal role in this achievement, surpassing all its historical full-year results in terms of revenue and profit after tax. However, it' s important to note that the profit was impacted by a higher interest cost, reflecting the general increase in interest rates. 6) Improved Current Liquidity The Group&rsquo s net current assets increased to S$33.2 million in 1H FY2024 from S$21.6 million in 31 March 2023. Our current assets increased by S$42.7 million, or 18.8%, from S$227.7 million in 31 March 2023 to S$270.4 million in 1H FY2024. Additionally, we reduced short- term borrowings by S$7.8 million, or 6.6%, from S$117.6 million in 31 March 2023 to S$109.8 million in 1H FY2024, due to the strong performance and fund-raising exercise. 7) Cinema Business Improvement Following the completion of the Exchangeable Bonds Subscription announced on 30 December 2022, whilst the Group retained 100% equity interest in mmConnect and its subsidiaries, on 31 March 2023, under the requirement of relevant accounting standards, the Group no longer consolidated the Cinema business in the Group&rsquo s balance sheet as a subsidiary but rather accounts the Cinema business as an associated company. As a result of the cost rationalizing exercise and to rights size its cinema portfolio to close non- performing sites in Singapore, the net loss in the Cinema business, which includes the cost of the closed sites, has seen a substantial reduction from S$7.1 million to S$4.6 million. The net loss, after excluding fair value loss on convertible securities and net foreign exchange difference, has seen a reduction from S$5.2 million to S$1.7 million and the unaudited EBITDA (pre-SFRS16) loss also decreased to S$0.8 million from S$1.5 million earlier. Following the right sizing exercise in Singapore, the remaining operating cinema portfolio (excluding the results of the cease operation cinema sites), recorded an unaudited proforma positive EBITDA (pre-SFRS16) of S$0.2 million. This is the first time the Group&rsquo s remaining Cinema business operations have achieved a positive EBITDA since COVID-19 started. The Group remains committed to growing its Cinema business with its new direction to identify strategic landlords who are committed to working on a strategic long-term win-win partnership. With this, the Group is in the process of opening 2 new sites in Malaysia, both located in the &ldquo Golden Triangle&rdquo region of Kuala Lumpur, with an expected soft opening at the end of 2023 and in 2025. The &ldquo Golden Triangle&rdquo is the main commercial shopping and entertainment hub in Kuala Lumpur. The Group&rsquo s Cinema business in Singapore, Cathay Cineplexes, will be opening a new cinema outlet at the shopping mall Century Square in Tampines in November 2023. 3 The Group will continue to renew its relationship with its current landlord to explore possibilities to grow the cinema business. " We are indeed happy that our hard work and perseverance have allowed us to achieve this growth across our business segments. We thank all our staff and stakeholders for their relentless support in this recovery journey. We are committed to further grow our business through business diversification and regional market expansion." said Mr. Melvin Ang, Executive Chairman of mm2 Asia. piscesmonkey      ( Date: 15-Nov-2023 13:55) Posted: big profit. and also repay alot of loan. next result will be big profit to
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ozone2002 Supreme	15-Nov-2023 14:15        ozone2002 About Contact  Quote this Post! Style: Technical
x 0   x 0  Alert Admin	Content and concerts are the biggest growth drivers, glad to see the recovery happening.. price still at 52 wks low, even though profitable 🤣 🤣 🤣 1) Expanding Revenue Resurgence Our Group revenue for 1H FY2024 soared by 146.1% to S$128.7 million, largely driven by the gradual recovery from the COVID-19 pandemic. Our resilient Content business grew by 36.0% to S$58.5 million due to the demand for content in the region in which the Group operates and our Concert and Event business revenues grew by more than 9 times to reach S$66.4 million, reflecting the strong recovery and robust demand of LIVE events industry. 2) Impressive Gross Profit Growth Gross profit rose by S$26.5 million to S$39.3 million, with the gross profit margin improving from 24.5% to 30.5%, due to the resilient performance of our Content business and procuring and executing the right projects in Concert and Event business. 3) Net Profit After Tax As a result of the surge in our revenue especially, in our Content and Concert and Event businesses, the Group profitability has turned to a net profit after tax of S$10.8 million from a net loss after tax of S$6.2 million. 2 4) Improvements in EBITDA EBITDA increased by 220.4% to reach S$33.0 million in 1H FY2024 due to increased revenues from the Content and Concert and Event businesses. 5) Return to Profit After Minority Interest mm2 Asia successfully turned back to profit after minority interest, recording a notable gain of S$3.0 million. This positive turnaround contrasts with a loss of S$5.4 million previously. The Concert and Event business played a pivotal role in this achievement, surpassing all its historical full-year results in terms of revenue and profit after tax. However, it' s important to note that the profit was impacted by a higher interest cost, reflecting the general increase in interest rates. 6) Improved Current Liquidity The Group&rsquo s net current assets increased to S$33.2 million in 1H FY2024 from S$21.6 million in 31 March 2023. Our current assets increased by S$42.7 million, or 18.8%, from S$227.7 million in 31 March 2023 to S$270.4 million in 1H FY2024. Additionally, we reduced short- term borrowings by S$7.8 million, or 6.6%, from S$117.6 million in 31 March 2023 to S$109.8 million in 1H FY2024, due to the strong performance and fund-raising exercise. 7) Cinema Business Improvement Following the completion of the Exchangeable Bonds Subscription announced on 30 December 2022, whilst the Group retained 100% equity interest in mmConnect and its subsidiaries, on 31 March 2023, under the requirement of relevant accounting standards, the Group no longer consolidated the Cinema business in the Group&rsquo s balance sheet as a subsidiary but rather accounts the Cinema business as an associated company. As a result of the cost rationalizing exercise and to rights size its cinema portfolio to close non- performing sites in Singapore, the net loss in the Cinema business, which includes the cost of the closed sites, has seen a substantial reduction from S$7.1 million to S$4.6 million. The net loss, after excluding fair value loss on convertible securities and net foreign exchange difference, has seen a reduction from S$5.2 million to S$1.7 million and the unaudited EBITDA (pre-SFRS16) loss also decreased to S$0.8 million from S$1.5 million earlier. Following the right sizing exercise in Singapore, the remaining operating cinema portfolio (excluding the results of the cease operation cinema sites), recorded an unaudited proforma positive EBITDA (pre-SFRS16) of S$0.2 million. This is the first time the Group&rsquo s remaining Cinema business operations have achieved a positive EBITDA since COVID-19 started. The Group remains committed to growing its Cinema business with its new direction to identify strategic landlords who are committed to working on a strategic long-term win-win partnership. With this, the Group is in the process of opening 2 new sites in Malaysia, both located in the &ldquo Golden Triangle&rdquo region of Kuala Lumpur, with an expected soft opening at the end of 2023 and in 2025. The &ldquo Golden Triangle&rdquo is the main commercial shopping and entertainment hub in Kuala Lumpur. The Group&rsquo s Cinema business in Singapore, Cathay Cineplexes, will be opening a new cinema outlet at the shopping mall Century Square in Tampines in November 2023. 3 The Group will continue to renew its relationship with its current landlord to explore possibilities to grow the cinema business. " We are indeed happy that our hard work and perseverance have allowed us to achieve this growth across our business segments. We thank all our staff and stakeholders for their relentless support in this recovery journey. We are committed to further grow our business through business diversification and regional market expansion." said Mr. Melvin Ang, Executive Chairman of mm2 Asia. piscesmonkey      ( Date: 15-Nov-2023 13:55) Posted: big profit. and also repay alot of loan. next result will be big profit too ozone2002      ( Date: 15-Nov-2023 13:31) Posted: *mm2 Asia* achieves turnaround to profit in 1H24 profit of $3m.  Revenue grew 146.1% YoY to $128.7m. Concert and Event business revenues grew by more than 9 times to reach S$66.4m. finally in the black!
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piscesmonkey Supreme	15-Nov-2023 13:55        piscesmonkey About Contact  Quote this Post!
x 0   x 0  Alert Admin	big profit. and also repay alot of loan. next result will be big profit too ozone2002      ( Date: 15-Nov-2023 13:31) Posted: *mm2 Asia* achieves turnaround to profit in 1H24 profit of $3m.  Revenue grew 146.1% YoY to $128.7m. Concert and Event business revenues grew by more than 9 times to reach S$66.4m. finally in the black!
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ozone2002 Supreme	15-Nov-2023 13:31        ozone2002 About Contact  Quote this Post! Style: Technical
x 0   x 0  Alert Admin	*mm2 Asia* achieves turnaround to profit in 1H24 profit of $3m.  Revenue grew 146.1% YoY to $128.7m. Concert and Event business revenues grew by more than 9 times to reach S$66.4m. finally in the black!
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piscesmonkey Supreme	15-Nov-2023 11:15        piscesmonkey About Contact  Quote this Post!
x 0   x 0  Alert Admin	Sooner bank analyst will rate TP liao
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