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GHY Culture

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WBdisciple
    04-May-2023 14:59  
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GHY more international...they have done Jay Chou concerts in other countries. While Unusual is more local based. Question is how recurring can such concerts be? Hence i prefer GHY because they also have musicals (under their own productions) as well as dramas.
 
 
n3wbie
    04-May-2023 12:25  
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I thought GHY is mainly Jay Chou and I recalled that they had some other smaller ones. Unusual has the more recent ones with Jacky Cheung and Aaron Kwok

TraderBen      ( Date: 04-May-2023 11:16) Posted:

these concerts invloved so many companies meh..USUSAL, GHY, VIVIDTHREE

 
 
TraderBen
    04-May-2023 11:16  
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these concerts invloved so many companies meh..USUSAL, GHY, VIVIDTHREE
 

 
For_The_Next_Leg
    04-May-2023 11:10  
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$GHY Culture(XJB.SI) concerts continue to be a sold out! Hopefully once GHY gets its next artist to do a concert. It will also boost it' s revenue.
 
https://mothership.sg/2023/05/jacky-cheung-aaron-kwok-singapore-concert-sold-out/
 
 
 
n3wbie
    01-May-2023 11:17  
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Sounds promising but what are the margins and profitability levels of these shows? If there are 100 of them, presumably they are rather small scale unlike the major concerts but not familiar with these musical tours (probably like Phantom of the Opera, Cats, etc?)

tedlim      ( Date: 28-Apr-2023 08:31) Posted:

GHY Musicals also doing well: https://ghyculturemedia.com/musicalshowworldtour/
国 潮 原 创 音 乐 剧 《 唐 朝 诡 事 录 之 曼 陀 罗 》 全 国 巡 演 启 动 发 布 会 顺 利 举 办

heard from yesterday' s AGM that GHY expect to have 100 such shows.


 

 
 
ahsamtan98
    01-May-2023 03:12  
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What could this mean? https://www.marketscreener.com/quote/stock/G-H-Y-CULTURE-MEDIA-HOL-119082336/news/GHY-Culture-Media-Repurchases-Shares-43620259/  

Not really an expert here, but I think having enough money to repurchase shares is generally a good thing. Most of the time means the company is doing well enough, and might want more control over its operations.
 
 

 
WBdisciple
    28-Apr-2023 08:49  
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From their AGM Slides  https://links.sgx.com/FileOpen/G.H.Y%20Culture%20%20Media%20Holding%20Co.%20Limited_FY2022%20Annual%20General%20Meeting%20Presentation.ashx?App=Announcement& FileID=756639

1.  Expect to invest in Jay Chou&rsquo s Carnival World concerts in four Chinese cities including Taiyuan, Hohhot in the People&rsquo s Republic of China

2. Invested in Chris Li Yuchun' s 李 宇 春 China concert tour. Ticket sales are expected to be launched during second quarter of 2023.

3 Signed a collaboration agreement with iQIYI to produce the second season of long drama &ldquo Strange Tales of Tang Dynasty 唐 朝 詭 事 錄 &rdquo drama series and production commenced in March 2023 and

4. Expect to materialise drama productions collaborations with Youku in 2023

5. Commenced pre-production for &ldquo Nanyang Transport Volunteers 南 洋 英 雄 &rdquo , the third drama series of the Nanyang genre and

6 Launched our own label &ldquo Legendary short drama&rdquo on Douyin (抖 音 )(also known as Tik Tok).


 
 
tedlim
    28-Apr-2023 08:31  
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GHY Musicals also doing well: https://ghyculturemedia.com/musicalshowworldtour/
国 潮 原 创 音 乐 剧 《 唐 朝 诡 事 录 之 曼 陀 罗 》 全 国 巡 演 启 动 发 布 会 顺 利 举 办

heard from yesterday' s AGM that GHY expect to have 100 such shows.


 
 
 
ahsamtan98
    15-Apr-2023 23:31  
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Just learnt that the Iskandar studio they acuqired was involved in the production of Crazy Rich Asians. Awesome!  https://www.iskandarmalaysiastudios.com/
 
 
For_The_Next_Leg
    13-Apr-2023 13:53  
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$GHY Culture(XJB.SI) the company will definitely have a better 2023 with so many of Jay chou concert upcoming!
https://www.lifestyleasia.com/hk/whats-on/events-whats-on/jay-chou-hong-kong-concert-dates-tickets-and-other-details/
 
 

 
n3wbie
    10-Apr-2023 23:33  
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Not sure if anyone follows the acquisition of some Malaysian business announced on 31 Mar? Slightly confusing what is the total CAPEX that they are setting aside for this, seems like close to S$20M or was it just around S$10M? It also does not show the accretion to NAV nor profitability so it is quite hard to draw conclusions about the proposed acquisition
 
 
ahsamtan98
    09-Apr-2023 14:04  
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This could be a great opportunity for GHY! https://www.globaltimes.cn/page/202303/1286563.shtml
 
 
 
ahsamtan98
    06-Apr-2023 12:57  
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" From a net loss of $9.4 million in FY2022, Ling forecasts FY2023 net profit of $4.90 million, which could nearly double to $9.13 million in FY2024." , according to DBS analyst Ling (https://www.theedgesingapore.com/capital/brokers-calls/after-loss-making-fy2022-dbs-sees-turnaround-ghy-culture-media-fy2023).

Not sure how true this is, but I do think that having long-term rights to a powerhouse like Jay Chou would definitely help to tide things over, and even push the company into earning more profit. The media industry is also very competitive not just creatively, but also technologically. Good news is that GHY has the facilities to do this, with its strong in-house FX production house, and also the willingness to experiment with " less traditional" mediums, such as its Tik Tok drama series.
 
 
 
tedlim
    03-Apr-2023 17:05  
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Jay Chou concerts in China is boomtown (easily surpassed Singapore, Malaysia and Australia)...http://m.km.bendibao.com/xiuxian/72226.shtm

  【 香 港 站 】

    演 出 时 间 : 2023年 5月 5日 、 6日 、 7日 、 10日 、 11日 、 13日 、 14日 (共 七 场 )

    演 出 场 馆 : 香 港 | 中 环 海 滨 活 动 空 间

    【 海 口 站 】 ( 加 场 一 场 )

    演 出 时 间 : 2023.06.29-07.02(共 三 场 , 加 场 一 场 )

    演 出 场 馆 : 海 口 市 | 海 口 市 五 源 河 体 育 中 心 体 育 场

    【 呼 和 浩 特 站 】 ( 加 场 两 场 )

    演 出 时 间 : 2023.08.17-08.20(共 四 场 , 加 场 两 场 )

    演 出 场 馆 : 呼 和 浩 特 市 | 呼 和 浩 特 体 育 场

    【 太 原 站 】 ( 加 场 一 场 )

    演 出 时 间 : 2023.09.21-09.23(共 三 场 , 加 场 一 场 )

    演 出 场 馆 : 太 原 市 | 山 西 体 育 中 心 体 育 场

    【 天 津 站 】

    演 出 时 间 : 待 官 宣 ( 周 杰 伦 后 援 会 官 方 微 博 消 息

    演 出 场 馆 : 待 官 宣

    【 福 州 站 】

    演 出 时 间 : 待 官 宣 ( 周 杰 伦 后 援 会 官 方 微 博 消 息

    演 出 场 馆 : 待 官 宣

    【 衢 州 站 】

    演 出 时 间 : 待 官 宣 ( 周 杰 伦 后 援 会 官 方 微 博 消 息

    演 出 场 馆 : 待 官 宣

    备 注 : 衢 州 市 , 浙 江 省 辖 地 级 市 。

 

 

    更 多 城 市 站 , 本 文 持 续 更 新 中 , 请 收 藏 本 页 , 关 注 不 丢 失 哦 ~
 
 
n3wbie
    30-Mar-2023 11:00  
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Agree and key to that they can start doing this and hopefully more!

tedlim      ( Date: 30-Mar-2023 10:48) Posted:

Yes...I think GHY do form JVs for Jaychou concerts in China. reckon they need local help for the logistics work. 

End day, it is about profit sharing and GHY has the upper hand with the long-term rights to Jay Chou concert productions

 

 
tedlim
    30-Mar-2023 10:48  
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Yes...I think GHY do form JVs for Jaychou concerts in China. reckon they need local help for the logistics work. 

End day, it is about profit sharing and GHY has the upper hand with the long-term rights to Jay Chou concert productions
 
 
n3wbie
    29-Mar-2023 12:27  
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Not sure if anyone knows but had always thought that GHY would form JV in China for Jay Chou' s concerts? 

tedlim      ( Date: 29-Mar-2023 10:09) Posted:

Power of Jay Chou...gd for GHY:

Fans Complain Scalpers Drive Jay Chou Ticket Prices Up To S$5.5K After China Concert Sold Out In 30 Secs  https://www.8days.sg/entertainment/asian/jay-chou-china-concert-ticket-scalpers-756421


 
 
tedlim
    29-Mar-2023 10:09  
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Power of Jay Chou...gd for GHY:

Fans Complain Scalpers Drive Jay Chou Ticket Prices Up To S$5.5K After China Concert Sold Out In 30 Secs  https://www.8days.sg/entertainment/asian/jay-chou-china-concert-ticket-scalpers-756421

 
 
For_The_Next_Leg
    27-Mar-2023 09:40  
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$GHY Culture(XJB.SI) the power of Jay.2023 will be better.
https://finance.sina.com.cn/jjxw/2023-02-25/doc-imyhwpew8385693.shtml
 
 
 
n3wbie
    18-Mar-2023 20:07  
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Even if they deliver the turnaround as per DBS estimates of $9M net profit in FY24, it is still a far cry from > $30M net profit they reported in IPO. Did they list at peak earnings and when can we realistically see a return to those levels of profitability? 

Joelton      ( Date: 18-Mar-2023 09:07) Posted:

DBS sees turnaround for GHY Culture & Media in FY2023
 
GHY Culture & Media XJB -2.38% is eyeing a turnaround in FY2023 ended December, after its FY2022 results came in below DBS Group Research&rsquo s expectations.
 
GHY, on Feb 28, reported a net loss of $9.4 million for FY2022 ended December, on the back of a 45% decline in revenue to $45.7 million. For 2HFY2022, the group reported net loss of $8.0 million while revenue dropped 36% y-o-y, but up 22% h-o-h.
 
The overall net loss was mainly due to a foreign exchange loss of about $8.8 million arising from the appreciation of the Singapore dollar against the Chinese renminbi in FY2022, as the group has significant operations in mainland China.
 
In addition, GHY faced delays in signing contracts with some customers under the TV programme and film production business segment due to Covid-19 measures in mainland China that began in March 2022 and continued until November 2022.
 
While key terms may have been agreed upon in principle with customers, contract signing and production with some of the customers were delayed, which presented challenges in finalising these contracts.
 
For FY2022, the group recognised revenue mainly from three dramas, one online short-form drama series and two concert productions. Concerts account for 44% of the total revenue for FY2022.
 
GHY subsequently held a results briefing on March 14. Following the briefing, DBS analyst Ling Lee Keng slashed her FY2023/2024 earnings estimate by 70%-80%, with a lower number of projects, especially for the TV programme and film production segment.
 
In a March 15 note, Ling maintained &ldquo hold&rdquo on GHY with a slightly higher target price of 45 cents from 43 cents previously. The new target price represents a 7% upside against its last traded price of 42 cents.
 
&lsquo Healthy production pipeline&rsquo
 
Despite the net loss, GHY declared a dividend per share (DPS) of 0.10 cents.
 
Ling expects GHY to turn around this year, with the resumption of concert production, China&rsquo s reopening and the absence of the foreign exchange (forex) loss seen in FY2022.
 
Concert resumption and China reopening are positive developments, says Ling. &ldquo The resumption of concert production and the reopening of China would help boost the company&rsquo s overall performance going forward, though the challenging macroeconomic outlook could dampen discretionary spending.&rdquo
 
Ling also points to contract assets representing the group&rsquo s right to consideration for TV drama and film productions in progress. As at Dec 31, 2022, this stood at approximately $41.0 million.
 
Likewise, GHY&rsquo s concert production business has rebounded strongly, says Ling. &ldquo The group sold out tickets for Jay Chou&rsquo s concerts in Singapore and Malaysia in FY2022 and January 2023 respectively. Two more Jay Chou concerts are planned for Australia in March and Hong Kong in August 2023.&rdquo
 
Ticket sales for the concerts in Singapore were recognised in FY2022 while the Malaysia and Australia sales will be recognised in FY2023.
 
There are also plans to resume Jay Chou&rsquo s concerts in China, notes Ling, &ldquo as well as co-productions of concerts with other popular and well-known international artistes&rdquo .
 
Even with a healthy production pipeline, execution is still key, says Ling. &ldquo We project three or four dramas for FY2023/2024, compared to three in FY2022. The successful rollout of the productions in the pipeline would be the key to seeing an improvement in the group&rsquo s financial performance.&rdquo
 
From a net loss of $9.4 million in FY2022, Ling forecasts FY2023 net profit of $4.90 million, which could nearly double to $9.13 million in FY2024.

 
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