103069253
commented on a stock · Jan 13, 2023 20:22
The worse is about to come
$NoonTalk Media (SEJ.SG)$ - the growth potential is very limited given the projects confined to Sg continent only and even though there are ‘ching gay’ projects, the net profits is like a tiny biscuit after factoring in the costs especially with GST increment which will have a deep significant impact on logistic costs. This company is a little too eager to be listed without any future international plan to gain a wide base of earning for potential future growth. conclusion , the price will dip futher down on long term especially when the inflation up in sg with GST up from 8 to 9%
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green x win : asia mkt limited, doing 1 chingay is probably sustainable but for growth they be looking at doing 6 chingay size events a year. SS and union chinese towkays probably on board due to relationship with the boss, anyway they have spare cash to burn. see how this goes
103069253 OP green x win : Going downhill !