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I do not quite understand the nature of the new business. What do they mean by "the creation and ownership of media/entertainment themed licences" and "development and marketing of intellectual property for themed attractions and lifestyle parks and any other related business"?
Is it something to do with building new theme park attractions etc.? Or maybe backdrops and props for movies and TV shows.
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(10-08-2017, 06:41 PM)slowandsteady Wrote: Good set of 2Q results http://infopub.sgx.com/FileOpen/Kingsmen...eID=466403
Order book has jumped from 169M to 245M
Good result of Q2? is it? when the PATMI is
LESSER by 26%??
From the Q2 News Release, it seems to me that they focused only on GOOD stuffs.
Mentioning about H1 result with 18% increased in PATMI (and NOT the 25% PATMI
decreased in Q2).
Without acknowledging the challenges and problems, the Company will NOT improve much (if at all).
Order book jumped to 245M??
Last year order book on 31-Jul-2016 (for comparison) was 276M (that's 11% less).
PATMI margin is currently at pathetic 2%.
My views are your Gilbert & Sullivan's:
"The flowers that bloom in the spring, have nothing to do with the case".
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(10-08-2017, 10:33 PM)TTTI Wrote: (10-08-2017, 10:03 PM)ksir Wrote: (10-08-2017, 06:41 PM)slowandsteady Wrote: Good set of 2Q results http://infopub.sgx.com/FileOpen/Kingsmen...eID=466403
Order book has jumped from 169M to 245M
Good result of Q2? is it? when the PATMI is LESSER by 26%??
From the Q2 News Release, it seems to me that they focused only on GOOD stuffs.
Mentioning about H1 result with 18% increased in PATMI (and NOT the 25% PATMI decreased in Q2).
Without acknowledging the challenges and problems, the Company will NOT improve much (if at all).
Order book jumped to 245M??
Last year order book on 31-Jul-2016 (for comparison) was 276M (that's 11% less).
PATMI margin is currently at pathetic 2%.
haha
Reminds me of the radio advert:
"Hear only the good stuff"
Haha doesn't help if the boss was (or maybe still is) top people in SIAS as well.
Oh wait, am I going to be sued due to this?
It certainly feels like orwellian in this world by days.
My views are your Gilbert & Sullivan's:
"The flowers that bloom in the spring, have nothing to do with the case".
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(12-08-2017, 02:17 PM)weijian Wrote: (12-08-2017, 01:40 PM)ksir Wrote: Haha doesn't help if the boss was (or maybe still is) top people in SIAS as well.
Oh wait, am I going to be sued due to this?
It certainly feels like orwellian in this world by days.
Had to google to find out what is "orwellian" and i will post a link below for the benefit of all illiterate VBs like me: https://www.thoughtco.com/definition-of-...ian-721425
It is always interesting to decipher whether there is a difference between the actual results and the PR. It is not an accurate indicator but somehow i feel provide clues to how Mgt actually think/work and their temperament in general.
Indeed.
Such gutfeels (qualitative) saved me quite a fair bit of (unwanted) troubles.
Generally i agree that from what's written or said, we know more about the person who said it than the content of the message (that includes my posts as well, haha, which of course should be your gilbert & sullivan's).
On the other (famous) hand, I tried finding the info about the partner of the JV recently announced but in futile. I'd have guessed the partner should be some well known company? Since the theme park and IP business model lies more on track records? (Just saying). Lolx
My views are your Gilbert & Sullivan's:
"The flowers that bloom in the spring, have nothing to do with the case".
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Kingsmen Awarded Contracts Worth S$22 Million for National Day Parade 2018 and National History Event
Kingsmen Creatives Ltd. announced that its wholly-owned subsidiary, Kingsmen Exhibits Pte Ltd, has been awarded two contracts worth S$22 million.
The contracts comprise the National Day Parade 2018 and the National History Event valued at S$3 million and S$19 million respectively. The contract for the National Day Parade 2018 involves the build and fabrication of the temporary stage set infrastructure and supporting structures at The Float @ Marina Bay and is expected to be completed by 2018. The contract for the National History Event is a project in 2019 that will showcase the history of Singapore.
The contracts are expected to contribute positively to the earnings per share and net tangible assets per share of the Group for the financial years ending 31 December 2018 and 2019.
Specuvestor: Asset - Business - Structure.
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