Shares & Derivatives
UnUsUaL Limited – Potential removal of share overhang & Andy Lau’s concert may propel the share price (25 Jul 24)
By Ernest Lim's investing blog  •  July 25, 2024
Dear all, UnUsUaL Limited (UnUsUaL) recently caught my attention due to
  1. a) It has slumped approximately 29% from $0.170 on 30 May to touch $0.120 on 16 – 17 Jul;
  2. b) Married deals of 19.0m shares transacted at $0.120 on 19 Jul and 1.6m shares at $0.125 on 22 Jul;
  3. c) Andy Lau is reportedly going to sing in Singapore.
For the above point c), UnUsUaL announced yesterday on their Facebook (click HERE) that Andy Lau will be coming to Singapore for four nights from 10 – 13 Oct at Singapore Indoor Stadium. Given the above developments, it may arguably be a good time to take a closer look into UnUsUaL. UnUsUaL closed at $0.130 today. Read on for more. What does UnUsUaL do? Based on UnUsUaL’s FY24 press release, it was established in 1997. It started as a stage, sound and lighting equipment rental business. It has grown to become one of the leading names in concert promotion and event production in Asia. Its presence in Singapore is represented by UnUsUaL Entertainment, UnUsUaL Productions, UnUsUaL...
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By Ernest Lim's investing blog
I am an avid investor, trader cum remisier. I am a Chartered Financial Analyst® charterholder, as well as, a Chartered Accountant of Singapore. I have published articles on a wide range of topics on finance and investment, ranging from market / sector outlook, technical analysis and fundamental analysis etc.
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