entertainment

Lifebrandz 2Q losses widen 18% to $0.6 mil on higher sales activities, business expansion
SINGAPORE (Mar 14): Lifebrandz saw its losses in 2Q widen 18% to $0.6 million from $0.5 million a year ago, mainly due to an increase in total expenses which the group attributes to higher sales activities and business expansion. Group revenue for the quarter grew 65% to $1.5 million from $0.9 million in 2Q18 on the back of higher revenue from the food and beverage (F&B) segment, out of ...
Genting Singapore sees 4Q earnings rise 12% to $150 mil on higher visitors, hotel occupancy
SINGAPORE (Feb 21): Genting Singapore (GENS) announced earnings of $150.2 million for the 4Q ended Dec 2018, rising 12% y-o-y from its earnings of $134 million in 4Q17 due to higher revenue. This brings the group’s earnings for the full year to $755.4 million, up 10% from $685.6 million in the previous year. Revenue for the latest quarter under review grew 15% on-year on the back of ...
mm2 Asia remains a 'buy' for Maybank despite reduced forecasts on non-operational leakage
SINGAPORE (Feb 21): Maybank Kim Eng is maintaining its “buy” call on mm2 Asia while lowering its target price on the stock to 34 cents from 57 cents previously, after cutting 2019-21E core profit forecasts by 48%, 12% and 9%, respectively. This comes after the group’s 9M19 core profit came in below expectations at 34% of Maybank’s FY19 estimates, and 67% of previous consensus ...
Time to place bets on Genting Singapore as stock is now looking cheap, says RHB
SINGAPORE (Nov 16): RHB Research is maintaining its “buy” rating on Genting Singapore with a lower target price of $1.23 compared to $1.42 previously after updating DCF assumptions and rolling over the valuation base year to FY19. At the share price of 93 cents, RHB thinks the stock is undervalued as it is trading at a discount to its five-year EV/EBITDA average of 10 times. The revised ...
mm2 Asia still a decent 'buy' even as growth hits a snag, says DBS
SINGAPORE (Nov 16): DBS Vickers Securities is maintaining its “buy” call on mm2 Asia with a lower target price of 50 cents compared to 62 cents previously, after the group’s 1H19 results came in below expectations. To recap, mm2 Asia reported revenue of $113.9 million for 1H19 after 2Q net earnings were hit by higher interest costs, including a one-off charge in relation to its purchase ...
Life without limits
SINGAPORE (Oct 29): From beauty and politics to entertainment and even campaigning for the democratisation of space, Eunice Olsen has conquered it all. The former Miss Singapore Universe 2000 has not only been the face of iconic television shows such as the Singapore edition of Wheel of Fortune, but she was also the youngest person to be appointed Nominated Member of Parliament at the age of 27 ...
Netflix crushes estimates, renewing faith after July letdown
LOS ANGELES (Oct 17): Netflix Inc.’s Cinderella story isn’t over just yet. The world’s largest paid online TV network added far more subscribers than analysts forecast in the third quarter and issued an upbeat outlook for the current three months, rebounding from a slowdown earlier this year. Netflix signed up 6.96 million customers in the quarter, according to a statement Tuesday, ...
The thrills of investing in Catalist newcomer Vividthree
SINGAPORE (Oct 4): UOB Kay Hian is highlighting Vividthree Holdings, which recently made its SGX Catalist debut on Sept 25, as a stock with attractive industry prospects and investment proposition. The brokerage has given the stock a valuation range of 44-45 cents based on peers’ 18.7-18.9 times FY20F P/E, with expectations for net profit to grow 64-74% for FY19-20 should the company meet ...
Capital World debuts 'The Greatest Showman' live production at Capital City's Circus Hall
SINGAPORE (Aug 20): Property developer Capital World, formerly known as Terratech, on Saturday premiered The Greatest Showman at Circus Hall, the new indoor live theatre of its Capital City theme park project in Johor, Malaysia. In a press release on Monday, Capital World highlights the MCM London Musical Circus show, which is staged by the group’s the group’s subsidiary MCM Studio ...
Screen gems
SINGAPORE (Aug 6): In the 1950s and 1960s, Singapore-made Chinese and Malay movies enjoyed huge success and many of them were produced by the Cathay-Keris movie company1953. Many movies were made in a studio located on East Coast Road, in a residential area called Keris Estate, where the roads were named after movies made in Singapore during that golden era. Here are Options’ favourite local ...