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GHY Culture
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For_The_Next_Leg
Veteran |
01-Sep-2024 11:06
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The company NAV is 9.87 cents. As the company make losses, everyone might think this company is doomed. But if you know how the China drama financing works, it makes sense that the company balance sheet will always be formidable unless they no longer has any drama to make. The company is always paid before a drama is being made.
&ldquo &hellip The majority of dramas now are either co-produced by one of the major streaming platforms or are purchased by the streaming platform before filming even starts, meaning that the drama is guaranteed an airing platform even before they start filming. This decreases the risk involved in a drama never seeing the light &ndash at the very least, it will likely get a web release on a set platform&hellip &rdquo
https://www.tubinvesting.com/2023/10/ghys-strategy-for-profitable-drama.html
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Joelton
Supreme |
07-Aug-2024 08:26
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GHY Posts Revenue of S$27.0 Million with Gross Profit of S$5.2 Million in 6M2024 Generated Net Cash of S$13.8 Million from Operating Activities in the First Half of 2024
&bull The Group&rsquo s TV Program and Film Production business recognised revenue of S$6.9 million in 6M2024.
&bull The Group&rsquo s Concert Production business completed six concert productions in Singapore, Australia and Japan with revenue recognition of S$19.7 million in 6M2024.
&bull Recognised one-time losses of approximately S$16.1 million, under other expenses, in 6M2024 arising from the cancellation of the &ldquo China Tournament January 2024&rdquo soccer tournament.
&bull As at 30 June 2024, the Group has cash and cash equivalents of S$47.1 million and net working capital of S$87.9 million.
&bull Net asset value per share stood at approximately S$0.10 as at 30 June 2024.
&bull The Group expects a stronger pipeline of new content for the second half of 2024, barring unforeseen circumstances
Commenting on GHY&rsquo s 6M2024 results, Mr. Guo Jingyu (郭 靖 宇 ), Executive Chairman and Group CEO, said, &ldquo We all want to see significant improvements quickly, but we are determined to re-calibrate our business model to enhance our progress for value creation and business performance in the long term.
Extending our track record in the media and entertainment industry, we continue to focus on the execution of our planned projects, generating healthy cash flow from our core business activities.
Recognising the potential in Asia&rsquo s media and entertainment industry, our teams are energised by our growth ambitions to give new momentum for our growth strategies ahead.&rdquo
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For_The_Next_Leg
Veteran |
25-Apr-2024 20:47
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$GHY Culture(XJB.SI) Yue Lina is one of the executive directors in GHY. She seems to have significant relationship in china.
https://www.marketscreener.com/insider/LINA-YUE-A35IV7/
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Sgvale
Supreme |
05-Apr-2024 19:28
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Mark Lee that time bought at 0.60+? If i remember. Not sure he sold.? |
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Alignment
Master |
14-Mar-2024 16:56
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I would call this an avoidable mistake, not a black swan event. |
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For_The_Next_Leg
Veteran |
08-Mar-2024 16:54
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$GHY Culture(XJB.SI) Ronaldo cancelling the event was a black swan event. Company just have to grind and find the next event to make up for it.
https://www.theedgesingapore.com/capital/results/ghy-culture-media-remains-red-talks-salvage-cancelled-soccer-match-featuring-ronaldo
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For_The_Next_Leg
Veteran |
06-Mar-2024 16:30
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$GHY Culture(XJB.SI) Daily buyback restarts.
https://links.sgx.com/1.0.0/corporate-announcements/ENUY3NQPR3Q5Y1FN/d3a6079a60dbc77fefe8a3f72ad91512fa3928a7a95ac08b0a88348dd37cf2fb
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For_The_Next_Leg
Veteran |
05-Feb-2024 09:55
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Found the iskandar malaysia studios website. Looking forward, I believe the cost of production will be lower since GHY owns the studios - meaning higher profit margins!
https://www.iskandarmalaysiastudios.com/
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For_The_Next_Leg
Veteran |
01-Feb-2024 00:26
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$GHY Culture(XJB.SI) Just found the GHY culture series in MeWatch. Interesting.
https://www.mewatch.sg/show/Sisterhood-433337
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Alignment
Master |
25-Jan-2024 17:17
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They did a bad deal if they can' t get their money back under these circumstances. |
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For_The_Next_Leg
Veteran |
25-Jan-2024 16:36
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$GHY Culture(XJB.SI) Wow...this is a bummer.
https://www.straitstimes.com/business/ghy-seeking-refund-for-cancelled-china-football-tournament-after-ronaldo-s-injury
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Joelton
Supreme |
25-Jan-2024 11:50
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GHY seeking refund for cancelled China football tournament after Ronaldo&rsquo s injury
SINGAPORE &ndash Singapore-listed GHY Culture & Media on Jan 24 said that the entertainment group is in talks with Al Nassr Club Company for a partial refund, if any, of a collaboration fee it paid to organise a football tournament in China.
Al Nassr Football Club (FC) was scheduled to play a friendly match with Shanghai Shenhua on Jan 24 and Zhejiang FC on Jan 28 at the Shenzhen Universiade Sports Centre.
Both games have now been postponed following an injury sustained by Cristiano Ronaldo, forward and captain of Al Nassr FC.
The football superstar and club issued an apology to fans on Jan 23.
GHY had previously disclosed that it would pay a US$10 million (S$13.4 million) collaboration fee to organise the tournament with Al Nassr.
Its subsidiary, G Yue Culture & Media, would be entitled to exclusive organiser rights, including any and all rights related to sponsorship, licensing, broadcasting, ticketing, advertisement, endorsement and promotion.
Al Nassr FC said on Jan 23 that it had agreed with the tournament&rsquo s organiser and promoter to schedule a new match at &ldquo a date to be defined&rdquo .
In its previous announcement, GHY had said it did not expect the collaboration to have any effect on its net tangible assets or earnings per share for the financial year ending Dec 31, 2023.
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Alignment
Master |
24-Jan-2024 11:43
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Both games postponed - sad for the fans. What impact will this have on the company? |
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tedlim
Veteran |
23-Jan-2024 16:27
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Soccer fans hoping to see Ronaldo in Shenzhen friendlies https://www.globaltimes.cn/page/202401/1305872.shtml Chinese soccer fans are eagerly awaiting confirmation about whether world soccer megastar Cristiano Ronaldo will be playing in friendly matches this week in Shenzhen, with his club Al Nassr of Saudi Arabia set to face two Chinese Super League (CSL) clubs. Amid a massive crowd at Shenzhen Baoan International Airport, Al Nassr arrived in China on Sunday to begin the preparations for the two matches at the Shenzhen Universiade Stadium. Their first match is on January 24 against CSL giants Shanghai Shenhua, and on January 28 against Zhejiang FC, third-placed finishers in the CSL last season. Initial reports suggested that Ronaldo has a muscle injury which has sidelined him from competing. But Deng Hongfei , the vice chief of the friendlies' main organizer G.H.Y Culture & Media, told the local media on Sunday that Ronaldo will feature in both matches. However, rumors also emerged on Chinese social media on Monday that the five-time Ballon d' Or winner will be out of competition for three weeks. The organizing committee told the Global Times on Monday that there is currently no further news on Ronaldo' s condition. The Portuguese star' s fitness is legendary in the sport, making him one of soccer' s outstanding athletes. Al Nassr' s friendlies are part of their preparations for a title bid in their domestic league. Their visit to China also comes at a time when China and Saudi Arabia are strengthening people-to-people exchanges. Following their arrival at the team' s residence, Mandarin Oriental Hotel in Shenzhen, the players engaged in a recovery training session under the supervision of Al Nassr coach Luis Castro, according to the club. Bracing against the unusually cold winds in the Southern Chinese city in Guangdong Province, whose winter season is normally mild, Chinese fans waited outside the hotel, waving Al Nassr flags, chanting " Al Nassr" and " Ronaldo" in Chinese to show their support, and hoping to get signatures from Ronaldo and his teammates. The Al Nassr players were also given a welcoming banquet on Monday night. Both Al Nassr and Shenhua will have a training session on Tuesday, the organizing committee said. The visit marks Ronaldo' s eighth trip to China. His last visit was in 2019 when he was representing Serie A giants Juventus in a pre-season friendly with Inter Milan. |
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For_The_Next_Leg
Veteran |
17-Jan-2024 14:55
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$GHY Culture(XJB.SI) Ronaldo coming to China!
https://www.youtube.com/watch?v=k2pvgSPhEX0
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WBdisciple
Master |
15-Jan-2024 08:58
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GHY paid US$10million for the rights for the exclusive organiser rights...this includes any and all rights related to sponsorship, licensing, broadcasting, ticketing, advertisement, endorsement, promotion and more. If each segment bring in US$3m of net profit each (on average)...it will reach US$21m (total 7 segments) of net profit...possible? https://www.businesstimes.com.sg/companies-markets/ghy-pay-us10-million-cristiano-ronaldos-al-nassr-play-china pls do your own DD |
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tedlim
Veteran |
15-Jan-2024 07:49
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Tickets for Ronaldo' s ' China Tour' sell out in hoursChinese football fans raced on Wednesday to snap up tickets to see Cristiano Ronaldo play a rare match in their home country, with multiple online platforms selling out within a few hours. Ronaldo is immensely popular in football-mad China, where many supporters have grown weary of dismal national team performances and the corruption-ridden domestic game. The Portuguese star' s current club, Saudi Arabia' s Al-Nassr, last month announced a " China Tour" featuring friendlies against Shanghai Shenhua and Zhejiang FC in the southern city of Shenzhen on January 24 and 28 respectively. Fans frantically vied with each other as the coveted tickets went on sale online a little after 11:00 am (0300 GMT) on Wednesday, with multiple platforms showing no available tickets by the evening. Several media outlets reported that seats in all but the two most expensive categories had sold out " within seconds" . Amid a sea of disappointment on social media, some lucky buyers voiced unbridled joy. " On January 24, I will be the happiest girl in the whole world," wrote one satisfied customer on Weibo. " Whatever you think of Ronaldo, you can' t deny his greatness as a player," said another. " Today his China tickets came on sale, and I actually got one!" https://sports.inquirer.net/546280/cristiano-ronaldo-china-tour-tickets-sell-out-in-hours |
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For_The_Next_Leg
Veteran |
09-Jan-2024 13:52
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$GHY Culture(XJB.SI) 2 more weeks! Ronaldo to go China...
https://www.essentiallysports.com/soccer-football-news-facing-cristiano-ronaldo-co-very-important-for-young-players-says-shanghai-shenhua-coach/
Potential profit should be similar to a Jay Chou concert or slightly lesser. |
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Alignment
Master |
05-Jan-2024 12:55
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What is the potential profit from this tournament for the company? |
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For_The_Next_Leg
Veteran |
05-Jan-2024 09:53
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$GHY Culture(XJB.SI) 1st quarter financials will be amazing!
https://www.scmp.com/sport/football/article/3247231/tickets-ronaldo-china-tour-sell-out-hours-messi-fans-mock-time-it-took
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