This is a quick follow-up updates on the recent post I made last week on Spackman (
) where I bought the shares based on a few catalysts play ahead.
The Group's upcoming premiere movie "Masters" is one of the catalyst play and the company announced yesterday that they had
successfully sold their distribution rights to 31 countries.
The movie is expected to premiere in Korea on the 21st December and they are expected to do well, very well in fact as expectations are running high. Given the level of distribution rights sold to the various number of countries, I think we can expect the movie to be a big hit.
I mentioned in my previous post that we can take reference from their previous big hit movie produced, "The Priests". They managed to successfully earned a ...
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