Will you subscribe to their IPO?
$NoonTalk Media Limited(NOONTALK.SG$ i am wondering if this is even a good ipo opportunity? Comment below on your thoughts.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
DwarfCo : Wait and see safer for me.
Johnnie Worker : The growth was pretty solid
RocketBulldozer : According to its financial statements, NoonTalk Media has demonstrated revenue growth for the past three years from FY2020 to FY2022, with revenue at $3.04 million, $3.83 million and $6.37 million for the FY2020, FY2021 and FY2022 respectively.
The higher revenue in FY2022 was mainly due to an increase in revenue from our production and management and events business segments.
The company’s earnings, however, stood at $73,939, $189,244 and $22,407 for the FY2020, FY2021 and FY2022 respectively. The plunge in earnings for the FY2022 was attributable to the lower production business segment due to its lower gross profit margin (GPM), as well as other factors.
The company’s pre-offering earnings per share (EPS) for the FY2020, FY2021 and FY2022 stood at 4 cents, 11 cents and 1 cent respectively. The EPS is based on the company’s share capital of 175,999,998 shares. The company’s total issued and paid-up share capital is currently $4.2 million.
Selling at $0.22/ Share
No breakdown of how are the funds going to be used? Only raising less than $5M and from 2022 EPS can tell they are ploughing the money somewhere. Maybe in productions or investments which the returns to investors are so low.
No information on director fees & expenses
The director fees a year would highly probably be higher than the $22k profits they make in a year.
How do u guys sell this share?