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Malacca Straits Acquisition Company Limited (MLACU)
NasdaqCM - NasdaqCM Real Time Price. Currency in USD
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At close: 12:56PM EDT
13 reactions on $MLACU conversation
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I’ve heard a buzz about VISION Indonesian Netflix for this one could be huge!!
Not very sure about the Target being a good one. Indonesian Netflix with 5 mill customer's and 70 mill USD Revenue per year is not too exciting. I'd tread very carefully on this. Probably will be a 12 USD stock when I ran the figures. Also very soon the streaming sector of the Market is going to get a sell off as the stay at home is starting to fade off. so when Netflix drops when world restarts, this will drop as it's in same sector. Anyway, this is just my opinon
I'm in, after reading the news and phoning a friend I have living in Indonesia, lol.
13x EV/EBITDA solid valuation for a streaking company - and near NAV
Wonder what this target will be...
$MLAC is in talks to merge with Vision+, the streaming TV unit of PT MNC Vision Networks, the Netflix of Indonesia with 1.6M paid subscribers, at a valuation of ~$600M, per Bloomberg.
why out money here when you can buy SoftBank SPAC SVFA for almost the same money
Seems SoftBank could pull off a much better deal
Something is up. Why is there no attention here?
This one looks huge. Netflix of China with strong 65-75% margin, 39% growth and very under penetrated market. Not sure what I am.missing here. I entered today at $10.
Although I am not a believer in SPAC anymore.
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