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Spackman Returns to Profitability
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papayaface
Supreme |
10-Apr-2017 23:52
Yells: "This is the best time to enter....when everythings uncertain" |
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Trying to run away from the other thread where you embarased yourself and made a fool of yourself ??? Please be kind and ask for forgiveness, otherwise karma will befall you. Good luck
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9hly99
Veteran |
10-Apr-2017 22:27
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if screening ends in q1, it should be fully recognise. If it cross over to q2, some will be in q2. Because some markets released later n some may take longer time to ascertain and confirm ticket sales n profit distribution
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DancingMan
Member |
10-Apr-2017 18:49
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thanks for the reply, yes i understand it is accrual basis and due to contractual obligations, however would spackman receive the whole profit in Q1 or in segments? bearing in mind that they would have to obtain sales-distribution=revenue for spackman from multiple theatres and even the overseas screening. any idea?
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KopRed75
Veteran |
10-Apr-2017 18:45
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Not to forget the recent acquisition of profitable businesses.
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9hly99
Veteran |
10-Apr-2017 18:41
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accrual basis and contractual obligations from end of screening
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DancingMan
Member |
10-Apr-2017 18:35
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can anyone explain the movie revenue stream? does the profit come in one lump sum or installments? |
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tankookoo
Master |
10-Apr-2017 18:04
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Two parts good news : Revenue from Master, Cost Reduction...hope it is bumper profits..
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morgany
Veteran |
10-Apr-2017 17:47
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Yes it is a positive news for all longist....hope tomorrow gap up opening at 0.18.....Cheong Arrrrrr !!!!!!
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tankookoo
Master |
10-Apr-2017 17:22
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Good news to move to 20 cents... HUAT AR!!! |
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tankookoo
Master |
10-Apr-2017 17:21
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POSITIVE PROFIT GUIDANCE FOR THE FIRST QUARTER ENDED 31 MARCH 2017 ......The Group is expected to report a net profit for 1QFY2017 as compared to a net loss for the same quarter of the financial year ended 31 December 2016 (&ldquo FY2016&rdquo )...... The turnaround and results improvement for 1QFY2017 was mainly due to the revenue and earnings recognition from the film, MASTER, which Zip Cinema Co., Ltd. (a wholly owned subsidiary of the Company) acted as the producer, production revenue from the Group&rsquo s upcoming manhunt thriller movie, GOLDEN SLUMBER and lower operating expenses without Opus Pictures Limited Liability Company (&ldquo Opus Pictures&rdquo ), which the Group had disposed of on 12 August 2016. FY2017 will be the first fiscal year without Opus Pictures. Without this loss‐ making entity, the Group expects to reduce its fixed overheads and operating expenses significantly... |
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