Back

Latest Forum Topics / MM2 Asia    Last:0.003 --

Post Reply

MM2 Asia [43D.si] Post Reply Rate topic
jiplumify Senior	17-Jun-2016 15:06        jiplumify About Contact  Quote this Post!
x 0   x 0  Alert Admin	recently quite resilient in uncertain market
Useful To Me  Not Useful To Me
jiplumify Senior	10-Jun-2016 10:31        jiplumify About Contact  Quote this Post!
x 0   x 0  Alert Admin	Spinoff subsidiary via IPO.. 70.5ct and top 20 volume!   http://infopub.sgx.com/Apps?A=COW_CorpAnnouncement_Content& B=AnnouncementLast3MonthsSecurity& F=5JAWHJCVX35I61GN& H=b0fe39a08e841088044868a23be7693b7044c4d05975970fa3c0bd9fca61aa2c
Useful To Me  Not Useful To Me
WSJ.Shares Veteran	08-Jun-2016 21:33        WSJ.Shares About Contact  Quote this Post! Style: Combined   Mood:
x 0   x 0  Alert Admin	no worries lah, people tends to be jealous when we on profit boat.... hahahaha jiplumify      ( Date: 08-Jun-2016 14:19) Posted: 68.5. You need to read their diversified business model to better understand the fundamentals if u think ' a flop in movie' will be co-related. Its like saying the main con will go bust if the condo cannot sell finish.
Useful To Me  Not Useful To Me
jiplumify Senior	08-Jun-2016 14:19        jiplumify About Contact  Quote this Post!
x 0   x 0  Alert Admin	68.5. You need to read their diversified business model to better understand the fundamentals if u think ' a flop in movie' will be co-related. Its like saying the main con will go bust if the condo cannot sell finish.
Useful To Me  Not Useful To Me
OXDEVIL Member	07-Jun-2016 19:24        OXDEVIL About Contact  Quote this Post!   Mood:
x 0   x 0  Alert Admin	it takes just 1 flop in entertainment biz to wipe out all the previous gain. enjoy the climb while it lasts.
Useful To Me  Not Useful To Me
WSJ.Shares Veteran	07-Jun-2016 18:39        WSJ.Shares About Contact  Quote this Post! Style: Combined   Mood:
x 0   x 0  Alert Admin	Happy profiting :)
Useful To Me  Not Useful To Me
jiplumify Senior	07-Jun-2016 14:50        jiplumify About Contact  Quote this Post!
x 0   x 0  Alert Admin	67 new high
Useful To Me  Not Useful To Me
jiplumify Senior	07-Jun-2016 10:37        jiplumify About Contact  Quote this Post!
x 0   x 0  Alert Admin	66 new high!
Useful To Me  Not Useful To Me
jiplumify Senior	07-Jun-2016 10:06        jiplumify About Contact  Quote this Post!
x 0   x 0  Alert Admin	new high 655! due to UOB 70ct call in 2 weeks? https://research.uobkayhian.com/content_download.jsp?id=34451& h=80579a6ec645f9f4677fc94d84c14a2c
Useful To Me  Not Useful To Me
jiplumify Senior	06-Jun-2016 17:43        jiplumify About Contact  Quote this Post!
x 0   x 0  Alert Admin	closing looks strong, 64/645
Useful To Me  Not Useful To Me
jiplumify Senior	03-Jun-2016 16:34        jiplumify About Contact  Quote this Post!
x 0   x 0  Alert Admin	yep, new all time high 64.5!
Useful To Me  Not Useful To Me
jiplumify Senior	03-Jun-2016 15:57        jiplumify About Contact  Quote this Post!
x 0   x 0  Alert Admin	wow.. lots of big buy ups - 200lot 63, 300lots 635.
Useful To Me  Not Useful To Me
jiplumify Senior	03-Jun-2016 14:03        jiplumify About Contact  Quote this Post!
x 0   x 0  Alert Admin	hmm.. well I hope not.. nv a fan of rights.. see Noble today after they announced the rights - dilute at a big discount. From what mm2 does, think they can easily raise money from the market or partners as they' ve proven consistently so far
Useful To Me  Not Useful To Me
goodman Senior	02-Jun-2016 22:55        goodman About Contact  Quote this Post!
x 0   x 0  Alert Admin	possible to issue rights?
Useful To Me  Not Useful To Me
jiplumify Senior	02-Jun-2016 18:01        jiplumify About Contact  Quote this Post!
x 0   x 0  Alert Admin	that' ll be quite spectacular! WSJ.Shares      ( Date: 01-Jun-2016 18:05) Posted: i' m expecting 2nd split or Bonus issues.... haha
Useful To Me  Not Useful To Me
WSJ.Shares Veteran	01-Jun-2016 18:05        WSJ.Shares About Contact  Quote this Post! Style: Combined   Mood:
x 0   x 0  Alert Admin	i' m expecting 2nd split or Bonus issues.... haha
Useful To Me  Not Useful To Me
jiplumify Senior	01-Jun-2016 17:12        jiplumify About Contact  Quote this Post!
x 0   x 0  Alert Admin	Found on their web mm2asia.com CIMB TP $0.73 UOB TP $0.74 DBS TP $0.75
Useful To Me  Not Useful To Me
jiplumify Senior	30-May-2016 10:28        jiplumify About Contact  Quote this Post!
x 0   x 0  Alert Admin	looking good. +50% ytd
Useful To Me  Not Useful To Me
WSJ.Shares Veteran	26-May-2016 09:19        WSJ.Shares About Contact  Quote this Post! Style: Combined   Mood:
x 0   x 0  Alert Admin	MM2 ASIA&rsquo S FY2016 NET PROFIT ROSE 75% TO S$8.9 MILLION - Group revenue increased by 58% to S$38.3 million, with the core business growing by 22.6% and also boosted by additional revenue from its newly-acquired subsidiary and newly-acquired cinema business - Expects productions in North Asia to contribute more revenue in the coming year    SINGAPORE, 24 May 2016  &ndash mm2 Asia Ltd. (&ldquo mm2 Asia&rdquo , &ldquo mm2全 亚 影 视 娱 乐 有 限 公 司 &rdquo or collectively with its subsidiaries, the &ldquo Group&rdquo ), is pleased to announce that the financial results for the financial year ended 31 March 2016 (&ldquo FY2016&rdquo ) achieved a 75% increase in profit after tax to S$8.9 million.   &ldquo We will continue to build on our growth momentum following our strong FY2016 results. Not only has our core business continued to grow but our two acquired cinemas in Malaysia have also started their maiden contribution in the second half of FY2016,&rdquo said mm2 Asia CEO Mr Melvin Ang (洪 伟 才 ) on the FY2016 results.   " Today, we have a strong pipeline of productions, and have started expanding into the Chinese markets of North Asia with several projects. At the same time, we are continuing to explore avenues to better leverage on our content and create new entertainment platforms&rdquo Mr Ang added.   FY2016 Financial Highlights   In S$' million unless otherwise stated FY2016 FY2015 Change Revenue 38.3 24.3 58% Gross Profit 18.4 9.6 92% Gross Margin 48.0% 39.5 8.5%  (1) Profit before tax 10.0 6.6 52% Profit after tax 8.9 5.1 75% [1] Gross Margin in FY2016 minus Gross Margin in FY2015  Performance Review The Group&rsquo s FY2016 revenue increased by 57.6% to S$38.3 million from S$24.3 million in the financial year ended 31 March 2015 (&ldquo FY2015&rdquo ). The increase was due to the 22.6% revenue increase in our core business to S$29.8 million, an additional revenue of S$3.6 million from our newly-acquired subsidiary and a recorded revenue of S$4.9 million generated from our newly-acquired cinema business during the year. The Group&rsquo s gross profit for FY2016 increased by 91.7% from S$9.6 million in FY2015 to S$18.4 million in FY2016, with overall gross profit margin improving from 39.5% in FY2015 to 48.0% in FY2016. The Group incurred S$8.3 million in general and administrative expenses, which was an increase of 176.7% from S$3.0 million in FY2015. The Group saw higher employee compensation costs due to the increase in senior management and employees resulting from the Group&rsquo s expansion as well as its acquisitions of a new subsidiary and cinema business. There was also an increase in professional fees of S$1.1 million, of which S$0.4 million was related to the existing business whereas the remaining S$0.7 million was due to non-recurring events which took place in FY2016. Depreciation costs also increased by S$0.5 million due to the acquisition of a new subsidiary and a new cinema business. Finance costs also increased to S$387,000, mainly due to additional interest expenses for new convertible notes, interest expenses from the deferred payment of purchase consideration of a new cinema business and additional bank borrowings and finance lease taken up during FY2016.   As a result, net profit for FY2016 increased by 75% to S$8.9 million from S$5.1 million in FY2015. This translates into a net profit attributable to shareholders of S$8.2 million for FY2016.   Business Outlook The Group continues to harness its capabilities to provide services over the entire production and distribution process for movies and TV/online content to address the demand for locally produced content in Singapore and Malaysia. The Group has also continued to expand both within and outside the region through the acquisition of an increasing number of regional titles for distribution, and the significant increase in the number of productions and co-productions in Singapore, Malaysia, Hong Kong, Taiwan and China. Productions in North Asia contributed approximately 30% of the Group&rsquo s production revenue in FY2016, which was a healthy increase of 20%. The Group expects production from these markets to form a larger slice of revenue in the coming financial year. The Group completed the acquisition of two cinemas in Malaysia on 1 November 2015 and after operating them for five months as at the end of FY2016, has gained vast experience from its entry into the film exhibition space.   With the acquisition of three more cinemas in Malaysia from Mega Cinemas Management Sdn Bhd targeted to be completed in the first half of the new financial year, the Group is poised to further strengthen its network of international film producers and distributors. The Group&rsquo s recently acquired majority stake in Vividthree Productions Pte Ltd (&ldquo Vividthree&rdquo ) has also borne fruit as Vividthree has demonstrated its capability to develop intellectual property that can be monetised over long periods across territories and platforms, thereby expanding the Group&rsquo s content library and recurrent income. The Group will also aggressively expand in the area of new media content as its majority stake in Millinillion Pte Ltd and an Over-the-top (&ldquo OTT&rdquo ) platform under development has put the Group in a position to produce, distribute and exhibit transmedia content, and enter new market segments in the near future. For the financial year ending 31 March 2017 (&ldquo FY2017&rdquo ), the Group will continue to expand in areas that complement its core business of regional film production and distribution. With its proposed acquisition of a majority stake in the UnUsUal Group of companies, the Group intends to unlock new revenue streams with the addition of its event and concert promotion arm. UnUsUal Group&rsquo s strong presence in Asia and network of regional artistes will synergise with the Group&rsquo s continuing growth in North Asia. &ldquo We are steadily growing both horizontally and vertically in order to fulfil our vision to become a global lifestyle and entertainment player. Our value chain currently comprises production, post-production and cinema operations, and we are building new distribution platforms like our OTT platform and adding on other entertainment arms such as our proposed acquisition of a major stake in the UnUsUal Group. We are also constantly looking at building up our pipeline of quality production projects and distribution titles. We will continue to acquire good scripts and films that we can bring to our audiences through various platforms,&rdquo Mr Ang concluded.   -End-   Note to media:  Please read this press release in conjunction with the Company&rsquo s results announcement released on the SGXnet on the same date.   About mm2 Asia Ltd. Headquartered in Singapore, mm2 Asia is a producer of films and TV/online content. As a producer, mm2 Asia provides services that cover the entire filmmaking process, including securing financing, producing and distributing as well as securing advertising and sponsorship. mm2 Asia further strengthened its competitive advantage through acquiring a majority stake in local 3d animation company, Vividthree Productions, as well as the ownership of two cineplexes in Malaysia. In addition to Singapore, mm2 Asia also has a presence in Malaysia, Hong Kong, Taiwan and China through its group companies and/or strategic working partnerships. mm2 Asia has co-produced and/or distributed over 50 films across Asia since 2008 including co-producing well-known films such as the &lsquo Ah Boys to Men&rsquo and &lsquo Long Long Time Ago&rsquo series and distributing titles such as Malaysia&rsquo s &lsquo The Journey&rsquo and Taiwan&rsquo s &lsquo Café .Waiting.Love&rsquo . In 2014, mm2 Asia made its debut on the Singapore Exchange Securities Trading Limited (SGX stock code: 43D), becoming the first Singapore film production company to achieve this. For more information, please visit www.mm2asia.com   For media enquiries, please contact: Issued on behalf of: mm2 Asia Ltd By: Cogent Communications Pte Ltd 51 Goldhill Plaza #22-05, Singapore 308900 Contact: Ms Emily Choo / Mr Gerald Woon Email / DID / Mobile:  [email protected]  / (65) 6704 9283 / (65) 9734 6565 [email protected]  / (65) 6704 9268 / (65) 9694 8364
Useful To Me  Not Useful To Me
WSJ.Shares Veteran	23-May-2016 09:17        WSJ.Shares About Contact  Quote this Post! Style: Combined   Mood:
x 0   x 0  Alert Admin	OMG, it's flying :)
Useful To Me  Not Useful To Me

                                                         First   < Newer   61-80 of 174   Older>   Last