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Noontalk is bleeding like nobody's biz

Aaron carter

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The entertainment company sank deeper into the red with a net loss of S$3.8 million for FY2024, up from S$3.2 million the year before. Its net operating cash outflow amounted to S$876,207, down from S$1.7 million in the previous year.

NoonTalk’s auditor said in a note: “These conditions indicate the existence of a material uncertainty that may cast significant doubt about the company’s ability to continue as a going concern.”

In view of the net loss and cash outflow, the auditor tested the company’s assets and film products for impairment, evaluated the appropriateness of its accounting policies for film products, and analysed revenue estimates from its film production.

Additionally, the auditor highlighted expected credit losses on finance lease receivable, trade receivables and contract assets.

More at https://url1.io/rATcj
 
These cheebyes launch this stock and pay themselves handsome director and management fees using stockholders monies. Really phua cheebye. How did this shit company even get listed in the first place?
 
That one is a rubbish company ,Don understand how it can be listed,lol, a joke
 
These cheebyes launch this stock and pay themselves handsome director and management fees using stockholders monies. Really phua cheebye. How did this shit company even get listed in the first place?
Yes they are Phua Cheebyes and those who buy the stock are Gong cheebyes
Sheng Siong also can cheat people pls dun make them out to be some philanthropist
 
if Sgx keep listing such rubbish company, i think it's better SGX merge with KLSE
 
These cheebyes launch this stock and pay themselves handsome director and management fees using stockholders monies. Really phua cheebye. How did this shit company even get listed in the first place?
The story of every Sg listing ...

List, take fees, sell, see it crash, buyback...

Towkay sop
 
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