Golden Slumber

SINGAPORE (Aug 15): Spackman Entertainment Group reported a loss of US$1.5 million ($2.1 million) for the 2Q ended June, widening from its 2Q17 loss of US$0.2 million on lower revenue and higher general & administrative expenses.

SINGAPORE (Feb 20): Spackman Entertainment Group says that its manhunt thriller film, Golden Slumber, produced by its indirect wholly-owned subsidiary Zip Cinema, was sold internationally across various regions in Asia, Australia, New Zealand and US.

SINGAPORE (Oct 12): RHB Research is maintaining its “buy” call on Spackman Entertainment Group, while lowering its lower target price to 20 cents from 23 cents previously to factor in an expected dilution of shares.

SINGAPORE (May 16): RHB is maintaining its “buy” call on Spackman Entertainment Group with a target price of 27 cents, while noting that the stock is currently trading at a much lower valuation versus local peers and has a positive outlook.

SINGAPORE (May 15): Spackman Entertainment Group reported US$5.4 million ($7.6 million) of earnings for the 1Q ended March 31, reversing from its US$1 million net loss position in the same quarter a year ago on higher revenue.

SINGAPORE (April 6): RHB Research is maintaining its “buy” call on Spackman Entertainment following its recent acquisition of Frame Pictures, a Korean equipment business, for $1.12 million and 0.5 million shares of its associate, Spackman Media Group

SINGAPORE (Feb 1): Spackman Entertainment Group announced that its Korean manhunt thriller Golden Slumber has commenced filming.

SINGAPORE (Jan 9): RHB is certain that profits from Master, the latest South Korean crime-action blockbuster to hit the silver screens, will be yielding Spackman Entertainment Group “superb” 1Q17F earnings.