GHY Culture    Last:0.091   -

GHY Culture

Nice report going up soon

 

Break 760 going 80cents above.

 

Last:0.745  --
moved up to 76c with active volume
gd luck dyodd

ozone2002      ( Date: 01-Apr-2021 08:10) Posted: Last:0.705  -- technicals oversold fundamentals fantastic strategy continue to accumulate on dip gd luck dyodd ozone2002      ( Date: 27-Mar-2021 19:00) Posted: Last:0.715        -0.005 investment made simpler buy when there' s blood on the streets buy when nobody is buying gd luck dyodd

 

Let see within 6mth can hit uob TP $1.18

 

Nice story on GHY on SGX today:

https://www.sgx.com/research-education/market-dialogues/20210409-ghy-culture-media-captivating-audiences-content

 

Thanks for sharing sir - also noticed that volume has been picking up so the rebound in share price with that looks positive.

SgYuan      ( Date: 07-Apr-2021 10:27) Posted: px uturn 690 at deep correction zone w3 start 690 this should be w3 ext ew now on w1 690 ?735

 

px uturn 690 at deep correction zone
w3 start 690
this should be w3 ext ew
now on w1 690 ?735

 

The decline to sub 70c is on relatively thin volume so it is not hard for a few buy orders to put it back above - also shows that 70c isn' t a strong support but the downside from this level is probably quite limited.

 

To 0.88?

SgYuan      ( Date: 03-Apr-2021 10:36) Posted: --- Post Removed by User ---

 

GHY team up with Chinese streaming giant iQiyi will open up more opportunities in South East Asia.

 

Strawbear (2125.HK) which is listed on HKEX IPO' ed at $5.88 in Jan 2021 and last closed at $13.44 today, up 130%.

GHY which has double Strawbear' s profitability and has 30% dividend payout IPO' ed at 66c and closed today at 69.5c, up 5.3%. Not to mention that GHY also has the concert business which Strawbear doesnt.

Is it a function of the market not understanding GHY' s merits or a function of the differences in market?

 

finally close with 60s, let it dip lower, im gonna add soon. Thanks.

 

cashflow will depend on availability of projects right? Will it be uneven?

ozone2002      ( Date: 01-Apr-2021 08:10) Posted: Last:0.705  -- technicals oversold fundamentals fantastic strategy continue to accumulate on dip gd luck dyodd ozone2002      ( Date: 27-Mar-2021 19:00) Posted: Last:0.715        -0.005 investment made simpler buy when there' s blood on the streets buy when nobody is buying gd luck dyodd

 

Last:0.705  --
technicals oversold
fundamentals fantastic
strategy continue to accumulate on dip
gd luck dyodd

ozone2002      ( Date: 27-Mar-2021 19:00) Posted: Last:0.715        -0.005 investment made simpler buy when there' s blood on the streets buy when nobody is buying gd luck dyodd ozone2002      ( Date: 17-Mar-2021 16:03) Posted: Last:0.755        +0.015 moving slowly and steadily gd luck dyodd

 

Suppose it' s a good validation of Mr. Guo' s confidence in his company imo...  an increased share ownership by the founder of his own business isn' t surprising.

 

 

I think the answer to this would be the size of the company and the business strategy. To me MM2 and GHY differ by large. GHY is the different level game while MM2 is relatively smaller entertainment provider. To partner with IQIYI, I think the minimum is to have certain size and the networking and grapevine. The CEO of GHY is no small fry as I read. Other investors to take note this is Chinese-related play so must assess well whether it?s worth to invest. Cheers.

tangsookiam1947      ( Date: 28-Mar-2021 23:07) Posted: why can' t MM2 asia also form partnership with video streaming platforms such as iQiyi?   chiachiawee      ( Date: 28-Mar-2021 22:37) Posted: Yes. The co makes the short films and dramas. They just announced partnership with IQIYI. If don?t know what IQIYI is, should read up what it is, big market. This co. benefit from the whole chain from its production of films/dramas to sales of it. Read the corporate presentation up. That?s how they churn up the big margin. I will whack while it is under radar and wanting more at below 0.7. Please don?t fight queue with me, thanks. Cheers.

 

why can' t MM2 asia also form partnership with video streaming platforms such as iQiyi?

 

chiachiawee      ( Date: 28-Mar-2021 22:37) Posted: Yes. The co makes the short films and dramas. They just announced partnership with IQIYI. If don?t know what IQIYI is, should read up what it is, big market. This co. benefit from the whole chain from its production of films/dramas to sales of it. Read the corporate presentation up. That?s how they churn up the big margin. I will whack while it is under radar and wanting more at below 0.7. Please don?t fight queue with me, thanks. Cheers.

 

Yes. The co makes the short films and dramas. They just announced partnership with IQIYI. If don?t know what IQIYI is, should read up what it is, big market. This co. benefit from the whole chain from its production of films/dramas to sales of it. Read the corporate presentation up. That?s how they churn up the big margin. I will whack while it is under radar and wanting more at below 0.7. Please don?t fight queue with me, thanks. Cheers.

 

GHY made $40+m profit last year despite Covid-19 and the other is loss-making. GHY has $100+m net cash and MM2 net debt is > $300m and has recently called for a rights issue to strengthen its balance sheet.

Biggest difference, MM2 owns cinemas and GHY dont and these assets are certainly not helpful right now. The operating costs and depreciation will hurt. UA Cinemas in HK for instance just closed doors recently after 36 years. Think MM2 also focuses more on movies for (local market?) while GHY does dramas, short films for China and SEA markets and obviously Jay Chou concerts.

tangsookiam1947      ( Date: 28-Mar-2021 17:55) Posted: how is GHY' s business model better than MM2 or different from MM2?   PhillipTan      ( Date: 27-Mar-2021 19:43) Posted: be greedy when others are fearful