15 Aug 2020
(Stocks Discussion) SGX: Spackman Entertainment Group Limited (SGX: 40E)?
Discuss anything about share price, dividends, yield, ratios, fundamentals, technical analysis and if you would buy or sell this stock on the SGX Singapore markets. Do take note that the answers given by our members are just your opinions, so please do your own due diligence before making an investment in Spackman Entertainment Group Limited (SGX: 40E)
Share price of $0.008 (yes, this is less than 1 cent) tells me to avoid this company at all costs.
It doesn’t make any profit and hence it can’t possibly pay dividends.
Debt levels alone tell me they are in a very distressed state and close to bankruptcy. As such, I won’t even look at anything else.
If I am holding this stock, I would immediately SELL before it gets delisted (total capital loss). Otherwise I would not keep this stock on my watchlist at all.
All views and opinions here are my own.
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