likely to test 16 ???
Hope those who bought yesterday made good money!
RHB initiated coverage todaySpackman Entertainment Group (SEG SP, BUY, TP: SGD0.22)
AHallyu Star At Its Inflection Point
We initiate coverage on Spackman, a top-tier South Korean movie producer with a BUY and a TP of SGD0.22, based on a 15x FY17F P/E. The group, probably in the best health since its IPO, is primed for a strong turnaround due to a few key near-term catalysts:
1. Its upcoming movie, Master, to be released in December
2. A 27.2% share stake in SMG likely worth ~USD45m
3. It can sell SMG to raise cash for special dividends/share buybacks
4. Divestment of loss-making Opus Pictures cuts SG& A costs by 70%.
Hope those who bought yesterday made good money!
RHB initiated coverage todaySpackman Entertainment Group (SEG SP, BUY, TP: SGD0.22)
AHallyu Star At Its Inflection Point
We initiate coverage on Spackman, a top-tier South Korean movie producer with a BUY and a TP of SGD0.22, based on a 15x FY17F P/E. The group, probably in the best health since its IPO, is primed for a strong turnaround due to a few key near-term catalysts:
1. Its upcoming movie, Master, to be released in December
2. A 27.2% share stake in SMG likely worth ~USD45m
3. It can sell SMG to raise cash for special dividends/share buybacks
4. Divestment of loss-making Opus Pictures cuts SG& A costs by 70%.
Take good coffee money liao:D
Don kancheong...lai liao lai liao...very soon. 🙂
Chiong....argh. hale luya....0.133c going 0.139 coming soon.:)
Dude I cut Liao lose this round 🙁
Beside tomorrow is Friday if u want to Long wait for Monday or near end session tomorrow buy a bit play safe. I on the short side so u decide DYODD. Is only 50percent to get it wrong
Go ahead cos tomorrow is another day to short below 12. Haha. Dow futures really red. Good luck
Chiong....argh. hale luya....0.133c going 0.139 coming soon.:)
Gap up by 7c today. Tomorro by 1.7 to hit 0.139c. Then everyday huat liao. I dreaming coming next week hitting 0.171c...oop i'm posting too much optimistism.
Are you predicting tomorrow will touch 0.171....huat AR!!!
No lehh. Prices din move much. Touching 0.171 n rebounded, then started buying up especially last half hours to closed 0 173
Are you predicting tomorrow will touch 0.171....huat AR!!!
No lehh. Prices din move much. Touching 0.171 n rebounded, then started buying up especially last half hours to closed 0 173c
No strength to push up because the shorts are piling above. Gravity will weigh down the price. Think still have time to short more until SGX query, then price will tank... Good luck
Sori. This one mean for Noble n not for spacky...paisay....
No lehh. Prices din move much. Touching 0.171 n rebounded, then started buying up especially last half hours to closed 0 173c
No strength to push up because the shorts are piling above. Gravity will weigh down the price. Think still have time to short more until SGX query, then price will tank... Good luck
No lehh. Prices din move much. Touching 0.171 n rebounded, then started buying up especially last half hours to closed 0 173c
No strength to push up because the shorts are piling above. Gravity will weigh down the price. Think still have time to short more until SGX query, then price will tank... Good luck
Chiong...argh. 13c coming soon.
RHB Research report today ..no wonder it run..
Spackman Entertainment Group Buy Target Price: SGD0.22 Price: SGD0.11
A Hallyu Star At Its Inflection Point Market Cap: USD33.6m Bloomberg Ticker: SEG SP We initiate coverage on Spackman, a top-tier South Korean movie producer with a BUY and a TP of SGD0.22, based on a 15x FY17F P/E. The group, probably in the best health since its IPO, is primed for a strong turnaround due to a few key near-term catalysts.
Maybe still can run tomorrow...
SPACKMAN - TOP PERFORMER OF THE DAY ....many are red SPACKMAN is green
STI down -12.870 SPACKMAN up +0.009 (+8.0%)
SPACKMAN - TOP PERFORMER OF THE DAY ....
many are red SPACKMAN is green
STI down -12.870 SPACKMAN up +0.009 (+8.0%)
Opened@0.120 or +0.007c n Closed@0.122 or +0.009c.... Good volume - 153,268,000
Stop liao n tomorro...Happi speculating.
Go ahead cos tomorrow is another day to short below 12. Haha. Dow futures really red. Good luck
u think its a gd choice to long at 12cents? 🙂
