UnUsUaL Limited
About UnUsUal Ltd
UnUsUaL Limited operates as a production and promotion service provider for events and concerts. The Company provides services in staging, Sound Light and Visual (SLV) for an event and a concert, and organize and promote concerts.
2Q2020 Results
Thursday, 14 November, 1:30pm
Recent Developments
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13 Aug 19
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15 Jul 19
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29 May 19
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27 May 19
Investment Merits
- Proxy to shift towards experiential consumer spending with a scalable business model and high net profit margin
- Market expansion with entry into family entertainment show
- Reputation, track record and operational experience matters a lot
- Strong balance sheet
Research
Unusual Limited
| Brokerages | Report | Analysts | Recommendation | TP |
|---|---|---|---|---|
| RHB | Download File | Jarick Seet/Lee Cai Ling | BUY | $0.42 |
| JP Morgan | Download File | Ajay Mirchandani/Utkarsh Mehrotra | Non-Rated | N/A |
| NRA Capital | Download File | Liu Jinshu | Non-Rated | N/A |
Stock Information
| Price | 0.260 |
|---|---|
| Market Cap (SGDm) | 268 |
| YE | 03/2020 |
| Earnings Release Date (Est) | 14/11/2019 |
| 52 wk high/low | 0.410/0.245 |
| YTD % change | -28.8% |
| Free Float % | 20.9% |
| Insiders Holding | 21.0% |
Key financial highlights
| Key Highlights | 2017 | 2018 | 2019 |
|---|---|---|---|
| Revenue (SGDm) | 33.9 | 46.4 | 56.9 |
| Net Profit (SGDm) | 7.3 | 10.0 | 13.2 |
| P/E | 36.5 | 26.7 | 20.3 |
| P/B | 22.0 | 6.7 | 5.1 |
| Return on Equity | 60.2% | 25.2% | 24.9% |
| Net D/E | -82.8% | -46.1% | 0.6% |
Source: Bloomberg (Based on price at S$0.260)
Risks
Competition, inability to secure new shows, poor demand for shows