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Glory Star New Media Group Holdings Limited (GSMG)

NasdaqCM - NasdaqCM Real Time Price. Currency in USD
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1.4300-0.0100 (-0.69%)
As of 03:49PM EDT. Market open.
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  • J
    James
    Sold today. 4 months hold for over 50% return is not bad. Curious if there will be higher offer on the table here. I’m sure a lot of shareholders are complaining now. You guys might see $1.69 offer.
  • B
    Bawee
    IN now sit back and relax and enjoy the ride.
  • N
    Nakul
    This is free money till 1.55
  • A
    Abdulrahman
    Day traders stocking up on this stock
    Bullish
  • S
    Samuel
    Who is here with me
  • A
    Axolotl
    Congrats to all the patient holders here! The good news is actually way way better than it seems.

    An institution just bought $10m of stock at around $3.25 per share (estimating 25c value per option part). Which means they think the stock is worth more than $3.25

    The 1-year option is OTM at $4.40. Which means GSMG and this new large player both agree that there is a very good chance the stock price will exceed $4.40

    The institution also clearly thought they wouldn't have been able to accumulate GSMG at below an average of $3.25 a share, otherwise they would've just bought shares at the current market price starting at $1.50. In other words, the institution believes that if they started buying the stock on the market at around $1.50, the final price after they finish executing their large purchase would've exceeded $5.

    The price should go from $2 to $3.25 within a few weeks, then well past $4.40 within a year, with the institution aiming for $5 a share.
  • d
    daniel
    In 2021, Meta Universe suddenly exploded. Not only did the media report frequently, but the big capitalists also smashed a lot of real money into this vent. With the increasing maturity of AR/VR, cloud computing, blockchain and other technologies in recent years, the concept of Metaverse has become a new Internet outlet, which will bring new opportunities and revolutionary effects to the next generation of Internet interaction. So I have confidence in GSMG,the goal in June next year is more than ten dollars
  • V
    VYJ Capital
    $BHAT conversation
    For the investors/traders that ask themselves why the stock price doesn't go up. Markets have slowed down. The hot markets of 2020, with multiple 100%+ gainers pro day, are over for now. Not only US-listed China small caps have experienced the slowdown but also many other micro, small, and midcaps of US origin.

    Look at US-listed China small-cap $GSMG stellar earnings, but stock price faded away. Mr. Market is always right, despite he seems sometimes blind.
    Bullish
  • e
    elvis
    what is the difference with GSMGW & GSMG?
    Neutral
  • m
    mansour
    Is our official ER coming out tmrw pre or AH….the numbers look spectacular 🤷🏽‍♂️✊🏽💎✊🏽💎🚀🚀🚀👏🏽👏🏽🚀
  • B
    Brian
    Where are the 3Q financials?
  • d
    dave
    Price target 6 USD ;;;;;; LETS GO
    Bullish
  • L
    Lee
    CHEERS E-MALL'S GMV REACHED RMB 240 MILLION DURING 6.18 MID-YEAR SALES EVENT
    PR Newswire

    BEIJING , June 22, 2021 /PRNewswire/ -- Glory Star New Media Group Holdings Limited (NASDAQ: GSMG) (" Glory Star " or the "Company"), a leading digital media platform and content-driven e-commerce company in China, today announced that during the Company's Mid-Year Sales Event held from June 1 to June 18, 2021 (the "6.18 Shopping Festival" or the "Mid-Year Sales Event"), the Gross Merchandise Value ("GMV") of its CHEERS e-Mall grew by approximately 380% year over year to RMB 240 million . The Company's outstanding results during the 6.18 Shopping Festival were mainly driven by its execution of innovative marketing campaigns, an increased number of stock-keeping units ("SKUs") carried by its CHEERS e-Mall, alongside quality brand selections, favorable demographic trends, and established synergies between its CHEERS e-Mall and CHEERS video application.

    The 6.18 Shopping Festival was the Company's first event since the independent operation of its CHEERS e-Mall platform from its CHEERS video application. During the Mid-Year Sales Event, Glory Star broadcast a series of livestream programs on its CHEERS video application to create a live shopping experience for its CHEERS e-Mall users. These livestream programs provided the Company's CHEERS e-Mall users with a better shopping experience and more opportunities to purchase a wide variety of products in categories such as skincare products, cosmetics, and fresh produce.

    In April 2021 , prior to the Mid-Year Sales Event, the Company further expanded its efforts to increase its CHEERS e-MALL SKU selection and to attract more brands into the CHEERS e-Mall. As a result, over 1,100 brands participated in the 6.18 Shopping Festival, the number of SKUs that was carried by the CHEERS e-Mall increased by approximately 30% year over year, and the GMV of the CHEERS e-Mall food category also increased by approximately 470% year over year. The most popular brands included Apple, TCL, and Hisense, while the top-selling SKU categories included gold jewelry, computers, communications and consumer electronics, and home appliances.

    Glory Star has witnessed an acceleration in consumption on its CHEERS e-Mall from its millennial consumers. The Company's continued focus on millennial consumers and the integration of premium lifestyle content with its e-commerce offerings has enabled the Company to solidify its strong presence in first- and second-tier cities. Order volumes were highest in the provinces of Guangdong , Shandong , Henan , Jiangsu , and Sichuan , and approximately 64% of total orders were placed by female customers.

    Glory Star's CHEERS e-Mall has been gaining traction with consumers and has continuously delivered strong GMV performance for the Company since its launch in April 2019 . It achieved an outstanding performance in 2020, during which its GMV grew by 581% year over year to US$132 million .

    Mr. Bing Zhang, Chairman and Chief Executive Officer of Glory Star , commented, "Our CHEERS e-Mall's robust operational performance demonstrates the platform's vibrancy after making its operations independent of our CHEERS video application earlier this year. It has evolved into a new and enduring growth catalyst for Glory Star . We plan to continue allocating resources to develop more cross-business synergies, increase our market share, and bolster our competitive advantages. As we enter an era of exponential growth in the content-driven new retail industry, we remain well-positioned to capitalize on this sizable market opportunity and deliver lasting shareholder value."

    About Glory Star New Media Group Holdings Limited

    Glory Star New Media Group Holdings Limited is a leading digital media platform and content-driven e-commerce company in China . Glory Star's ability to integrate premium lifestyle content, including short videos, online variety shows, online dramas, live streaming, its Cheers lifestyle video series, e-Mall, and mobile app, along with innovative e-commerce offerings on its platform enables it to pursue its mission of enriching people's lives. The Company's large and active user base creates valuable engagement opportunities with consumers and enhances platform stickiness with thousands of domestic and international brands.

    Safe Harbor Statement

    Certain statements made in this release are "forward looking statements" within the meaning of the "safe harbor" provisions of the United States Private Securities Litigation Reform Act of 1995. When used in this press release, the words "estimates," "projected," "expects," "anticipates," "forecasts," "plans," "intends," "believes," "seeks," "may," "will," "should," "future," "propose" and variations of these words or similar expressions (or the negative versions of such words or expressions) are intended to identify forward-looking statements.
    Bullish
  • I
    Ice
    Right now GSMG is consolidating for a possible try at a new high. If it does . . . ! Fun!
    Bullish
  • G
    GG
    Right now only 820 watchers, but that's up 200 since the open. If GSMG attracts a big group watching, that's the sky rocket time.
  • J
    Joe
    Hey guys just discovered this stock. Looks nice but not finding much info on it. Do you know of anywhere that has written an analysis of the company or ANYTHING lol
  • C
    Chris
    I think GSMG has big potential future, its businesses about media, live stream, e-commerce, social media, AR, VR, IA, entertainment, etc. in China! Nice financial situation and revenue growth speed, net income doubled from 2018 to 2019, and it might double again from 2019 to 2020, trailing PE is less than 8, super undervalued, it may issue annual report of 2020 at end of March. BIDU added position on it at end of 2019. Currently this firm signed a lot of contacts with some AI firms in China, including iFlytek. In 2017 and 2019 respectively, iFLYTEK was listed on the MIT Technology Review as one of the world's 50 Smartest Companies, first in China and sixth in the world when it was first honored in 2017.
  • H
    Harper
    just yolo'd 1000 shares, wish me luck
  • d
    daniel
    The new rating is strong buy $ 5.80,add more 3800 shares,good luck.
  • B
    Bud
    $GSMG check out their website: http://www.yaoshixinghui.com/index.html
    Bullish
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