Ever since the virus outbreak started since the beginning of 2020, Singapore has undergone a ‘lock-down’ period with all large-scale concerts/events postponed or cancelled until further notice.
The adverse impact has been especially so for UnUsUaL Entertainment (“UnUsUaL” in short) with concerts around Asia literally come to a standstill. Hence, it’s of no surprise that its shares have been hammered from around S$0.30 in December 2019 to S$0.14 as of around 20 August 2020.
Is the worst over for UnUsUaL given the gradual opening up of the economy? Does UnUsUaL shares contain hidden value waiting to be unlocked?
To try to answer the questions, we take a deep dive into its business model and catalysts below to find out more. But first, here’s a quick background of UnUsUaL.