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Spackman entertainment
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Daxtheman
Veteran |
28-May-2020 08:51
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Yea, precisely that?s how crazy the pennies have been.
Worth a gamble here. Every pip can make a grand. Really depends on your risk appetite. Furthermore, price won?t go below 0.007 if not placement investors will not buy in. Hence, downside is minimal at this price in the Near short Term. Definitely playing this counter for quick short term gains and will not be in for the Long run.
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tangoanna
Master |
28-May-2020 08:50
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Placement of 700million shares???? At 0.0072. This counter still got hope? 700million is 60% of existing shares. Go read the announcement for yourselves... |
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danger
Supreme |
28-May-2020 08:42
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OMG !!! Sleeping kitchen culture just out of the blue rocket up 300% from around 7c like that ???
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Daxtheman
Veteran |
28-May-2020 08:39
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In this crazy market period , so many rallied.
Any placement news also rally. You see kitchen culture , Leader environment. It is like muisical chairs 🪑 . Seems this will rally today. That is just how crazy market is at the moment lol. Seems to be matching 0.009 Or 0.010 and will open there and rally after Crazy times I would say
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danger
Supreme |
28-May-2020 08:37
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GOT WAVE TODAY ?
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lighter87
Master |
28-May-2020 08:36
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Current outstanding shares total 1.1billion, they are issuing 730mil new shares. Can expect price to drop by at least half in the future. They have been doing this when price is 0.1x, each time they have to issue more shares as the value per share drop. Funny thing is CEO sold off his shares long time ago while proclaiming their stock is undervalued | ||||
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danger
Supreme |
28-May-2020 08:36
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MASSIVE BUY VOLUME COMING IN ?? | ||||
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papayaface
Supreme |
28-May-2020 08:21
Yells: "This is the best time to enter....when everythings uncertain" |
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It will always look for new blood to draw life and these new blood will eventually realise that they have been con into buying a dream. By the way, anyone knows what the outstanding number of shares the company has issued todate? Good luck    
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lighter87
Master |
28-May-2020 08:10
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A leopard never change its spot | ||||
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papayaface
Supreme |
28-May-2020 08:10
Yells: "This is the best time to enter....when everythings uncertain" |
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Great. Looking for new suc.kers. Good luck 
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Daxtheman
Veteran |
28-May-2020 07:59
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Nevertheless, for them to Ensure that this big placement Exercise goes through, they will hold up the prices and play it up. It has been artificially played down to 0.008 to justify this current placement exercise.
Current price 0.008 should hold and upside in the near term as whilst they finalise this placement. Will q in 0.008. Somehow, I feel like we won?t be able to get at 0.008 though after this announcement though. Lets see how this pans out.
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newbieliu
Elite |
28-May-2020 07:37
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Indeed ! Crappy
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TraderBen
Supreme |
28-May-2020 07:30
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Stupid placement, kena diluted for nothing AGAIN! WTH | ||||
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papayaface
Supreme |
28-May-2020 07:07
Yells: "This is the best time to enter....when everythings uncertain" |
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This is not surprising at all. This crap company has been placing out millions and millions of shares year after year without fail to pay for expenses. Until now their operations cannot generate enough cash flows. Seems their films may get good ratings in korea but what' s the point? Can' t sustain the company independently. Just a note of caution, these placees would take up the shares at cheap prices are not stupid investors. They would want to lock in their gains at the expense of existing shareholders by dumping it in the market to naive buyers. Imagine 700 + new shares vs daily volume of few million traded. Avoid at all means as share price is expected to tank again .... this time it looks like 0.005 is on the way. Good luck      
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Daxtheman
Veteran |
28-May-2020 02:59
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No wonder price have been depressed as they need to justify the placement to SGX.
Good thing here is that price from here will not go past 0.007 as there is big shares placement at 0.0072. Likely to be a good news and expect opening to be 0.009 tomorrow. It might rally now that the placement news is done. We shall see.
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Daxtheman
Veteran |
28-May-2020 02:37
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1 INTRODUCTION
1.1 The Board of Directors (the ?Board?) of Spackman Entertainment Group Limited (the ?Company? and together with its subsidiaries, the ?Group?) wishes to announce that the Company has on 27 May 2020 entered into a placement agreement (collectively, ?Placement Agreements?) with each of the eleven subscribers set out in paragraph 4 below (?Subscribers?). Pursuant to the Placement Agreements, the Subscribers agreed to subscribe for, and the Company agreed to allot and issue to the Subscribers, an aggregate of 743,611,111 new ordinary shares in the capital of the Company (?Placement Shares?) at an issue price of S$0.0072 for each Placement Share (?Issue Price?), for an aggregate subscription amount of S$5,354,000 (?Proposed Placement?). No placement agent has been appointed in respect of the Proposed Placement. |
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jackjack
Veteran |
28-May-2020 01:46
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Company want con you wont directly tell you in your face. Is up to your due diligence to figure out. I have been listening so many ppl talking about this stock is soooooo undervalue since it was above 10 cts. Very funny to see so many tiok burn and still so many newbie want trust con man company and get spack | ||||
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jackjack
Veteran |
28-May-2020 01:41
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Give you a clap on your stubbornness. Expand the chart of this con man counter for 3 years and open your eyes big big. I have the last laugh most of the time. No... is all of the time. More proposed dilution coming. Goodluck to you. Soon will drop to 0.001, share consolidate and drop again. Hahaha. All the best newbie
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jackjack
Veteran |
27-May-2020 16:55
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So many silly coming back and believing the con man company stock? Hahaha.. waiting to see many get spack-ed | ||||
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Daxtheman
Veteran |
27-May-2020 12:56
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I believe they have all loaded. There have been a lot of buying at 0.009 in the past 2 weeks. Everyone just waiting for the push from the BBs now. Me included lol 😝
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