Magic Empire Global Limited is a renowned company that operates as a multinational corporation. Established in the early 2000s, it has rapidly grown to become one of the leading players in the global market. The company specializes in various sectors, such as technology, entertainment, finance, and real estate. In the technology sector, Magic Empire Global Limited has made significant contributions to the development of cutting-edge technologies. With a team of talented engineers and researchers, the company focuses on innovative solutions to address the ever-evolving needs of the market. Their products range from consumer electronics to software applications, catering to a wide range of customers.
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Reference ID: 0.74fd733e.1701308264.65699780
Their products range from consumer electronics to software applications, catering to a wide range of customers. In the entertainment industry, Magic Empire Global Limited has made a name for itself by producing blockbuster movies, popular TV shows, and engaging video games. Their creative team consists of skilled directors, writers, and artists who work tirelessly to deliver high-quality content that resonates with global audiences.
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Magic Empire Global NasdaqCM:MEGL Stock Report
Magic Empire Global Limited engages in the provision of corporate finance advisory services and underwriting services in Hong Kong.
About the company
| Snowflake Score | |
|---|---|
| Valuation | 0 /6 |
| Future Growth | 0 /6 |
| Past Performance | 0 /6 |
| Financial Health | 6 /6 |
| Dividends | 0 /6 |
Rewards
Risk Analysis
See All Risk Checks
Magic Empire Global Limited Competitors
NasdaqCM:TCJH
US$21.4m
NasdaqCM:SWIN
US$39.1m
OTCPK:AAMT.F
US$6.4m
NasdaqCM:SIEB
US$77.2m
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$0.94 |
| 52 Week High | US$5.87 |
| 52 Week Low | US$0.72 |
| Beta | 0 |
| 1 Month Change | 5.62% |
| 3 Month Change | -27.13% |
| 1 Year Change | -59.83% |
| 3 Year Change | n/a |
| 5 Year Change | n/a |
| Change since IPO | -99.03% |
Recent News & Updates
Magic Empire Global Limited, Annual General Meeting, Nov 29, 2023
Nov 01CEO & Director recently sold US$200k worth of stock
Oct 23Magic Empire Global Limited Announces Special Interim Dividend, Payable on November 22, 2023
Oct 05Magic Empire Global Limited (NasdaqCM:MEGL) announces an Equity Buyback for $2 million worth of its shares.
Sep 14CEO & Director recently sold US$374k worth of stock
Jun 24Chairman of the Board notifies of intention to sell stock
Jun 06 See more updatesRecent updates
Magic Empire Global Limited, Annual General Meeting, Nov 29, 2023
Nov 01CEO & Director recently sold US$200k worth of stock
Oct 23Magic Empire Global Limited Announces Special Interim Dividend, Payable on November 22, 2023
Oct 05Magic Empire Global Limited (NasdaqCM:MEGL) announces an Equity Buyback for $2 million worth of its shares.
Sep 14CEO & Director recently sold US$374k worth of stock
Jun 24Chairman of the Board notifies of intention to sell stock
Jun 06CEO & Director notifies of intention to sell stock
May 24Full year 2022 earnings released: HK$0.23 loss per share (vs HK$0.10 profit in FY 2021)
Apr 09Investor sentiment deteriorates as stock falls 18%
Apr 05Investor sentiment deteriorated over the past week
Dec 23First half 2022 earnings released: EPS: HK$0.098 (vs HK$0.003 in 1H 2021)
Dec 10Insufficient new directors
Nov 16Magic Empire Global Limited: Lessons From The Ashes
Aug 11Magic Empire Global Limited has completed an IPO in the amount of $20 million.
Aug 06Magic Empire Global Limited opens at $50, after pricing IPO at $4
Aug 05Magic Empire Global Limited has completed an IPO in the amount of $20 million.
Aug 05Insufficient new directors
Aug 04Shareholder Returns
| MEGL | US Capital Markets | US Market | |
|---|---|---|---|
| 7D | 1.1% | 1.2% | 1.0% |
| 1Y | -59.8% | 1.7% | 12.1% |
Return vs Industry : MEGL underperformed the US Capital Markets industry which returned 1.7% over the past year.
Return vs Market : MEGL underperformed the US Market which returned 12.1% over the past year.
Price Volatility
| MEGL volatility | |
|---|---|
| MEGL Average Weekly Movement | 9.1% |
| Capital Markets Industry Average Movement | 2.1% |
| Market Average Movement | 6.0% |
| 10% most volatile stocks in US Market | 15.3% |
| 10% least volatile stocks in US Market | 2.9% |
Stable Share Price : MEGL is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 9% a week.
Volatility Over Time : MEGL's weekly volatility has decreased from 50% to 9% over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2016 | 9 | Johnson Chen | https://www.giraffecap.com |
Magic Empire Global Limited engages in the provision of corporate finance advisory services and underwriting services in Hong Kong. The company provides initial public offering sponsorship, financial and independent financial advisory, financial advisory, post-listing compliance advisory, and underwriting services to corporations. The company was incorporated in 2016 and is headquartered in Central, Hong Kong.
Magic Empire Global Limited Fundamentals Summary
| MEGL fundamental statistics | |
|---|---|
| Market Cap | US$19.04m |
| Earnings ( TTM ) | -US$589.15k |
| Revenue ( TTM ) | US$1.18m |
16.1x
P/S Ratio-32.3x
P/E RatioIs MEGL overvalued?
Earnings & Revenue
| MEGL income statement ( TTM ) | |
|---|---|
| Revenue | HK$9.20m |
| Cost of Revenue | HK$2.36m |
| Gross Profit | HK$6.84m |
| Other Expenses | HK$11.43m |
| Earnings | -HK$4.59m |
Last Reported Earnings
Next Earnings Date
| Earnings per share (EPS) | -0.23 |
| Gross Margin | 74.38% |
| Net Profit Margin | -49.91% |
| Debt/Equity Ratio | 0% |
How did MEGL perform over the long term?
Simply Wall St ™Simply Wall Street Pty Ltd
Level 7, 320 Pitt Street, Sydney Popular Markets
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.
Magic Empire Global Ltd
Magic Empire Global Ltd is a holding company principally engaged in the provision of financial services. The Company is principally engaged in the provision of corporate finance advisory services and underwriting services. The Company is also engaged in the provision of initial public offering (IPO) sponsorship services, financial advisory and independent financial advisory services, compliance ad visory services and others.
- Revenue in USD (TTM) 1.21m
- Net income in USD -588.90k
- Incorporated --
- Employees 9.00
- Location Magic Empire Global Ltd 3/F, 8 Wyndham Street, Central 0000 Hong Kong HKG
- Phone +852 35778770
Additionally, the company also organizes international events and supports aspiring artists through talent management programs. Magic Empire Global Limited also encompasses a strong presence in the financial sector. It offers a wide range of financial services, including banking, investment management, and insurance. The company's expertise in these areas allows it to provide tailored solutions to individuals, businesses, and institutions. Its commitment to transparency, integrity, and customer satisfaction sets it apart from its competitors. Furthermore, Magic Empire Global Limited has made significant investments in the real estate sector. It has developed luxurious residential and commercial properties in various parts of the world. These properties boast state-of-the-art amenities and are designed to meet the highest standards of quality and comfort. The company's real estate projects not only offer a lucrative investment opportunity but also contribute to the overall development of the communities they are located in. Magic Empire Global Limited prides itself on its global reach and diverse portfolio. It is known for its strong commitment to corporate social responsibility and sustainable practices. The company actively engages in initiatives that promote environmental conservation, education, and community development. In conclusion, Magic Empire Global Limited is a renowned multinational corporation that operates across various sectors. Its focus on innovation, creativity, and customer satisfaction has positioned it as a leader in the global market. With its strong presence in technology, entertainment, finance, and real estate, the company continues to shape various industries and make a significant impact on the global stage..
Reviews for "Magic Empire Global Limited: Enhancing the Magic Experience"
1. John Smith - 1 star - I had a terrible experience with Magic Empire Global Limited. They promised big returns on my investment but ended up losing all my money. Their investment strategies were unstable and poorly managed. The customer service was also unresponsive and unhelpful when I confronted them about the losses. I would strongly advise against investing with this company.
2. Jane Thompson - 2 stars - My experience with Magic Empire Global Limited was subpar. While they didn't lose my money like some others claimed, the returns were far from what they promised. The investment options were limited and I felt they were more focused on securing their own profits rather than maximizing returns for their clients. I also found their customer service to be lacking in terms of knowledge and responsiveness. Overall, I would say there are better investment options out there.
3. Mark Johnson - 1 star - Magic Empire Global Limited is a complete scam. They used aggressive marketing tactics and false promises to lure me into investing with them. Once I deposited my money, it was a completely different story. The returns were nonexistent and I couldn't even get a proper explanation from their so-called "investment experts." It's clear that they have no intention of actually helping their clients succeed. Stay away from this company if you value your hard-earned money.
4. Sarah Davis - 2 stars - Magic Empire Global Limited didn't live up to my expectations. The investment opportunities they presented seemed promising, but the actual results were disappointing. The returns were inconsistent and didn't match the initial projections. I also had difficulties reaching their customer service for assistance, making me question their level of professionalism. While I didn't lose all my money, I wouldn't recommend this company to others looking for reliable investment options.