Live concerts are back with a vengeance. While the crowds are excited, will it be enough to get investors interested in entertainment stocks again?After more than two years, music fans return to stadiums and concert halls as large-scale live shows are making a comeback.Among the big names coming to ...

The return of concerts is music to GHY Culture & Media’s ears, though the outlook remains challenging for the entertainment production company, says DBS Group Research analyst Ling Lee Keng.In an Aug 19 note, Ling is maintaining “hold” on GHY with a lower target price of 43 cents from 45 c...

ENTERTAINMENT and content provider GHY Culture & Media’s net profit fell sharply to S$1.4 million for the six months ended June 2022, down from S$3.5 million in the year-ago period.

DBS Group Research has kept its “hold” call and 45 cents target price on GHY Culture & Media, following the production company’s warning that it will report a loss for 1HFY2022.GHY explains that delays in contract signings, plus unfavourable forex as the key reasons causing the red ink.The...

GHY Culture & Media Holding, better known for organizing concerts featuring Mando-pop king Jay Chou, is apparently adept at bringing in top acts from the West.The company, which is also in movie and drama production, announced that it is co-organiser of a one-night-only concert by Guns N' Roses ...

FOR the 4 trading sessions over the span of Jul 8 to 14, the Straits Times Index lost 1.2 per cent. The Singapore market was closed on Jul 11 for Hari Raya Haji. Over the same period, the FTSE Bursa Malaysia KLCI was up 0.1 per cent, the Hang Seng Index lost 4.1 per cent, while the Nikkei 22...

GHY Culture & Media announced that its indirect associated company Tianjin Changxin Film & Media has entered into a production collaboration agreement with Beijing Zitiao Network Technology, a part of the ByteDance Group which operates Douyin. Douyin is a short-form video platform and one of...

The Place Holdings has appointed Dr Yeo Guat Kwang as an independent director of the company on June 20.Yeo is currently the assistant director-general at the National Trades Union Congress (NTUC), an advisor to the U-SME initiative under NTUC and the chairman of the Migrant Workers’ Centre and Ce...

US-based asset manager BlackRock, a substantial shareholder of Venture Corp, has increased its stake in the manufacturing services provider. On May 31, BlackRock acquired 367,600 shares on the open market for $6.58 million of $17.90 each. BlackRock now holds around 17.6 million Venture shares, or a ...

Global issues like the Russsia-Ukrainian War and supply chain disruptions continue to affect markets around the world. RHB Group Investment Bank CEO Ganesh Sabaratnam observes that central banks today are treading a fine line between attempting to cap inflation without impacting economic growth — ...

But Temasek's move carries much more weight and this activist-type approach is rare for the firm. Temasek has been a major shareholder since it built a roughly 4% stake in the German company in 2018, helping Bayer complete the controversial US$63 billion takeover of Monsanto Co. Investor frustration...

FY2021 'way below expectations'The pivot comes at a critical time for GHY, whose business model has been facing a trial by fire due to Covid-19. For the FY2021 ended Dec 31, 2021, GHY reported earnings of just $3.9 million, down 90% over FY2020. Revenue, meanwhile, was down 34% to $83.3 million.GHY�...

Dr Ng Chin Siau is now the single-largest shareholder of beleaguered restaurant operator No Signboard Holdings following the purchase of a 29% stake for the token sum of $1. As part of the deal, Ng, better known as the co-founder and CEO of Q&M Dental Group, is extending an interest-free, unsecu...

DBS Group Research analyst Ling Lee Keng has downgraded her recommendation on G.H.Y Culture & Media Holding as its results for the FY2021 stood “drastically below expectations” on the back of Covid-19 induced delays. For the FY2021 ended December, G.H.Y. Culture & Media Holding reported ...

DBS Group Research has downgraded its call on production company, GHY Culture & Media, to "hold" from "buy" as it projects a challenging outlook for the company.