GHY Culture    Last:0.091   -

GHY Culture

iQiyi and G.H.Y Culture & Media forming talent agency for regional market
 

Local actor Tay Ping Hui, who is currently represented by G.H.Y, is set to be the first talent under  Uni-Icon Entertainment.

The joint venture aims to identify and promote talent in South-east Asia via a talent search programme that will air on the iQiyi International streaming platform.

 

The show will scout for talent from countries like Singapore, Malaysia, Thailand, Indonesia and the Philippines. More details on the show will be released at a later date.

The talent agency will help to promote regional stars in China as well.

In a press statement, Mr Kuek Yu-Chuang, vice-president of international business at iQiyi says: " The success of The Little Nyonya demonstrates a growing appetite for South-east Asian stories in China and we see the vast potential and opportunity for artistes here to tell these stories together with iQiyi."

 

ozone2002      ( Date: 17-Mar-2021 16:10) Posted: Why not? Great biz returns and financials  gregtan123      ( Date: 17-Mar-2021 16:04) Posted: Add some bro? I added 75 n 75.5 to support u. lets g

 

Why not? Great biz returns and financials 

gregtan123      ( Date: 17-Mar-2021 16:04) Posted: Add some bro? I added 75 n 75.5 to support u. lets go ozone2002      ( Date: 17-Mar-2021 16:03) Posted: Last:0.755        +0.015 moving slowly and steadily gd luck dyodd

 

Add some bro? I added 75 n 75.5 to support u. lets go

ozone2002      ( Date: 17-Mar-2021 16:03) Posted: Last:0.755        +0.015 moving slowly and steadily gd luck dyodd ozone2002      ( Date: 13-Mar-2021 17:29) Posted: Last:0.73        +0.005 continue to accumulate good biz returns vaccine adoption increasing, concerts expected to return progressively dramas still money churner good luck dyodd

 

Last:0.755        +0.015
moving slowly and steadily
gd luck dyodd

ozone2002      ( Date: 13-Mar-2021 17:29) Posted: Last:0.73        +0.005 continue to accumulate good biz returns vaccine adoption increasing, concerts expected to return progressively dramas still money churner good luck dyodd ozone2002      ( Date: 05-Feb-2021 21:28) Posted: Last:0.73        -0.01 covid all cannot travel only can stay home watch tv biz with high solid returns and churning tv drama Gd luck dyodd

 

POWER LA: MEMORANDUM OF UNDERSTANDING IN RESPECT OF A JOINT VENTURE WITH IQIYI INTERNATIONAL

The Board of Directors (the " Board" ) of G.H.Y Culture & Media Holding Co., Limited (the " Company" and together with its subsidiaries and associated companies, the " Group" ) wishes to announce that the Company has today entered into a non-binding memorandum of understanding (" MOU" ) with iQIYI International Singapore Pte. Ltd. (" iQIYI" ) to establish a talent management agency to be based in Singapore. The joint venture entity to be established aims to identify and promote talent across Southeast Asia. iQIYI is a subsidiary of iQIYI Inc. (愛 奇 藝 ), a company listed on the NASDAQ Global Select Market, which is a leading online streaming service provider and an existing customer of the Group. iQIYI is also a shareholder of the Company. The MOU is subject to definitive documents to be entered into by the Company and iQIYI in relation to the joint venture entity. The MOU is not expected to have any material impact on the earnings per share or net tangible assets per share of the Group for the financial year ending 31 December 2021.

 

Last:0.73        +0.005
continue to accumulate
good biz returns
vaccine adoption increasing, concerts expected to return progressively
dramas still money churner
good luck dyodd

ozone2002      ( Date: 05-Feb-2021 21:28) Posted: Last:0.73        -0.01 covid all cannot travel only can stay home watch tv biz with high solid returns and churning tv drama Gd luck dyodd

 

Mr Guo has bought ~1.74m shares post listing and did not sell any shares at IPO. Good show of confidence and faith in the long-term prospects of the firm.

Have been monitoring the share price, despite recently market volatility, the share price has stayed stable and in the low 70s range. Hope it consolidate and can trend upwards as more investors get to learn about them.

Joelton      ( Date: 08-Mar-2021 09:15) Posted: GHY Culture & Media   On March 1, GHY Culture & Media (GHY) executive chairman and group CEO Guo Jingyu acquired 655,800 shares of the recently listed Mainboard company for a consideration of S$490,597.   At an average price of 74.8 cents per share, this took his total interest in GHY from 59.70 per cent to 59.76 per cent.   GHY' s IPO price in December 2020 was 66 cents per share.   Mr Guo founded the entertainment business, which focuses on the production and promotion of dramas, films and concerts. On Feb 26, GHY reported that its FY20 (ended Dec 31) revenue grew 92.6 per cent from FY19 to approximately S$127.1 million, led by its core TV programme and film production business.   The group also continued its revenue diversification strategy, with revenue from customers in Singapore contributing more than 30 per cent of its revenue in FY20, up from 1.4 per cent in FY2019.   With the results, Mr Guo noted that content innovation remains the group' s core foundation.   GHY substantial shareholder Ho Ah Huat also acquired 148,900 shares at an average price of 74.8 cents per share on March 1.

 

Some interesting takeaways on the company covered in The Edge today

https://www.theedgesingapore.com/capital/sgx-research-series-10-10/resilient-earnings-integrated-media-and-entertainment-group-ghy

 

 

good comment BL! If the best it will be listed in NY or HK! This coy should just stay as private and no one will be interested in it' s dealings and cash flow!!!! Why bother to IPO and take money from public citizen????

bornloser      ( Date: 04-Mar-2021 23:16) Posted: If best in China Why bother to come here? desmlee      ( Date: 02-Mar-2021 08:43) Posted: Hi, do you mind sharing who is the best in China

 

Saw that UOBKH increased TP to $1.18 today, one of the HK peers that was mentioned in the report, Strawbear, trades at > 100x PE (based on FY19 as last reported). They were listed just two months back and the profit size is about 1/3 of GHY. Some of the other Chinese listed peers such as Ciwen Media and Zhejiang Huace have quite inferior earnings quality at single digit ROE. GHY is at almost 35% ROE with gross margin above 40%. For a high growth stock, it still offers 2.4% div yield based on FY21 which is not great but generous for a company that is trying to balance growth and dividends. 

Understandably, many investors have been hurt by Chinese companies (myself included) but so far, GHY has delivered decent results with strong growth and rewarding shareholders with dividends (30% payout). I find comfort in that the founder did not sell shares during IPO but instead bought more shares post listing, even as high as 75c just earlier this week after the release of results. 

I may be wrong but let' s see where this stock trades over time. 

 

If best in China Why bother to come here?

desmlee      ( Date: 02-Mar-2021 08:43) Posted: Hi, do you mind sharing who is the best in China? bullrun6088      ( Date: 02-Mar-2021 07:30) Posted: retail investors better don' t touch this coy! There are many other counters with better governance like Mapletree reits Capitaland reits  OCBC ST engineering ..... people got no time to watch TV they only want to watch the best and this coy is not the best in China!!!!

 

take a look at another red-chip public listed coy SUNVIC CHEMICALS!!!! IPO at $0.20+ and now delisted at $0.02+ !!!! Don' t touch this GHY counter!!!! Another red-chip approved to IPO by @ss-jee-axe. Is this a legalised scam ????

 

Hi, do you mind sharing who is the best in China?

bullrun6088      ( Date: 02-Mar-2021 07:30) Posted: retail investors better don' t touch this coy! There are many other counters with better governance like Mapletree reits Capitaland reits  OCBC ST engineering ..... people got no time to watch TV they only want to watch the best and this coy is not the best in China!!!!

 

retail investors better don' t touch this coy! There are many other counters with better governance like Mapletree reits Capitaland reits  OCBC ST engineering ..... people got no time to watch TV they only want to watch the best and this coy is not the best in China!!!!

 

More insider buying by the top 2 shareholders, including the Chairman and CEO at 74.8c today. Signals strong confidence on the company' s future growth potential

Bravoboi      ( Date: 01-Mar-2021 13:55) Posted: So quiet after profit reporting also.. hmmm.  n3wbie      ( Date: 28-Feb-2021 21:41) Posted: Based on my amateur understanding and after studying their slides , their business model is quite different as GHY is more of an up and mid-stream player with their end to end production capabilities. This starts from scriptwriting through to producer, director and even their team of artistes and makeup team. Downstream distribution is to online platforms such as iQiyi which are their partners as well as strategic shareholders. From the deck, also shows that they are capturing the growth from the trend towards online videos and increasing internet penetration in China. MM2 however owns their own cinemas, hence asset heavy. ROE and margins for GHY are substantially higher. GHY also focus more on dramas and have their own production set-ups which allow filming to continue even during the pandemic. If not for the pandemic, with the Jay Chou concerts, they would probably record even higher profitability. Regardless, a very strong showing at 1st year of listing and not bad that they are also paying out dividends based on 30% payout.  Good growth and dividend paying. Not often do we see companies listed on SGX delivering profit base of $40m. Congrats to those vested

 

So quiet after profit reporting also.. hmmm. 

n3wbie      ( Date: 28-Feb-2021 21:41) Posted: Based on my amateur understanding and after studying their slides , their business model is quite different as GHY is more of an up and mid-stream player with their end to end production capabilities. This starts from scriptwriting through to producer, director and even their team of artistes and makeup team. Downstream distribution is to online platforms such as iQiyi which are their partners as well as strategic shareholders. From the deck, also shows that they are capturing the growth from the trend towards online videos and increasing internet penetration in China. MM2 however owns their own cinemas, hence asset heavy. ROE and margins for GHY are substantially higher. GHY also focus more on dramas and have their own production set-ups which allow filming to continue even during the pandemic. If not for the pandemic, with the Jay Chou concerts, they would probably record even higher profitability. Regardless, a very strong showing at 1st year of listing and not bad that they are also paying out dividends based on 30% payout.  Good growth and dividend paying. Not often do we see companies listed on SGX delivering profit base of $40m. Congrats to those vested. nqing87      ( Date: 26-Feb-2021 23:03) Posted: I wonder how did ghy able to post such good result while mm2 submerge lol

 

Based on my amateur understanding and after studying their slides , their business model is quite different as GHY is more of an up and mid-stream player with their end to end production capabilities. This starts from scriptwriting through to producer, director and even their team of artistes and makeup team. Downstream distribution is to online platforms such as iQiyi which are their partners as well as strategic shareholders. From the deck, also shows that they are capturing the growth from the trend towards online videos and increasing internet penetration in China.

MM2 however owns their own cinemas, hence asset heavy. ROE and margins for GHY are substantially higher. GHY also focus more on dramas and have their own production set-ups which allow filming to continue even during the pandemic. If not for the pandemic, with the Jay Chou concerts, they would probably record even higher profitability. Regardless, a very strong showing at 1st year of listing and not bad that they are also paying out dividends based on 30% payout. 

Good growth and dividend paying. Not often do we see companies listed on SGX delivering profit base of $40m. Congrats to those vested.

nqing87      ( Date: 26-Feb-2021 23:03) Posted: I wonder how did ghy able to post such good result while mm2 submerge lol

 

Can explain why the result is so good? Karma again?

bullrun6088      ( Date: 20-Feb-2021 07:42) Posted: this red-chip coy reporting on 26 Feb!!!! Everybody come and see and stay tuned! Pay attention to their admin and staff cost and see how much they use the IPO MONEY to pay for the CEO and directors salary!!!! And also see how much is the dividend for retail investors!    DANGER: SELL!!!!  Retail investors best NOT TO HOLD this stock. Let the insiders and hedge funds trade amongst themselves to churn it' s own market volume!!!!

 

time to load up on this gem as recommended

https://www.theedgesingapore.com/amp/capital/results/ghy-culture-media-sees-fy20-earnings-more-triple-381-mil
 

ozone2002      ( Date: 05-Feb-2021 21:28) Posted: Last:0.73        -0.01 covid all cannot travel only can stay home watch tv biz with high solid returns and churning tv drama Gd luck dyodd