JKN continues to be strong, making a new high in 4 months after announcing the purchase of Miss Universe rights. Reasons to help grow the business Plus, there are many ways to generate income from beauty pageants, evaluate the performance of H2 / 65, return to a new recovery period, push profits in ’66 to turn strong. Plus, it’s side by side with MUO deals. Recommended to buy on the Side “Big JKN” Reveals preparation to launch a new business ‘MU Lifestyle’ under the Miss Universe brand, hinting at the beginning of new products Drinking water mixed with vitamins – various fashion products. Support growth in Asian markets
New High share price in 4 months after buying MUO
Reporters reported the share price of JKN Global Group Plc (JKN) yesterday (27 October 65), the price rose as soon as trading opened. which jumped up to the highest point or New High in four months at 5.70 baht, an increase of 1.24 baht, before falling slightly to close at 5.60 baht, an increase of 1.14 baht or 25.56%, a trading value of 1.5 billion baht.
The reason JKN shares are expected to rise to a new high in four months is a press conference on the acquisition of the Miss Universe Organization (MUO) business by Endeavor Group Holdings, Inc., which owns 100 percent of the company . IMG Worldwide, LLC, the copyright holder of Miss Universe on October 26, will be acquired by JKN. The transaction is worth about 550 million baht and has a license agreement of no more than 250 million baht, totaling no more than 800 million baht. It comes from working capital within JKN’s business.
Yuanta is optimistic after buying MUO, which shows that its performance has stopped.
Analysis by Yuanta Securities (Thailand) revealed that it has a positive view on the JKN deal because it will transform JKN’s business MUO is a 71-year-old global organization known to consumers around the world who follow the Miss Universe pageant that has been seen by more than 500 million people worldwide.
The acquisition of the MoU by JKN is expected to create business synergy with the former company. Especially the business of selling products, JKN plans to bring the Miss Universe brand to help further strengthen the Trade business in the company’s various product groups, including food supplements, beverages and beauty, etc.
in addition JKN also plans to generate revenue from MUO business in 9 other channels. along with
1.Franchise Fee Income from licensing rights for different countries to organize beauty pageants.
2. Hosting Fee Income from licensing different countries to host.
3. Income Generation Fee from contract generation for each year’s competition.
4. Income Sponsorship Fee from the main sponsors.
5. Merchandising and Licensing Fee Revenue from sales or licensing of MUO branded products
6.Broadcast Fees Income from broadcasting to television stations around the world to broadcast the competition.
7. Program and Format Fee Income All the Way to the Universe
8. Talent Management Fee Income from artist management. from the winner of the competition
9. Ticket Sales Revenue from ticket sales for each viewing platform.
Expected profit in 2016 to grow 25%, recommend buying
Yuanta Securities (Thailand) sees that JKN’s performance has passed the lowest point in the first half of the year 65, estimating that JKN’s operating results will return to a new growth cycle in the second half of the year, reflecting the increase in the sale of the marketing business to cover marketing costs, while the digital TV business receives a factor that supports the performance of the reorganization of the new program and ad spend recovered After the spread of COVID-19 reduce the severity
JKN’s net profit in ’66 is estimated at 214 million baht, an increase of 25% from the previous year, driven by the recovery of the two advertising businesses. and the company’s product sales business After the spread of COVID-19 significantly reduce the severity when estimating net profit There is also an advantage of buying MUO which is not yet included Recommended to buy Reasonable price 5.70 baht.
JKN’s intention is to launch a new business ‘MU Lifestyle’ to expand the content business
Mr. Chakrabongse Chakrajutathib Chief Executive Officer and Managing Director of JKN Global Group Public Company Limited (JKN) revealed that the company is preparing to launch a super product under the new business “MU Lifestyle” to bring the strength of Miss Universe to extend the brand to Con Full commercial content Initially, new products are expected to be released, such as drinking water mixed with vitamins and other fashion products. including the licensee to operate the business in accordance with the system that the owner of the rights has prepared including using the trade name of one trademark without having to pay compensation for granting rights and paying compensation based on the results of operation (the holder of the franchise)
At this time, a franchisee is contacted. because they are interested in co-investing with companies in various industries such as jet planes, penthouses, beauty schools, spas and hotels, etc. JKN is ready for both brands of consumer products, factories and all sales channels especially having partners as Hyundai Home Shopping Corporation Network Which is considered JKN ecosystem which is already ready to bring Miss Universe to add to the port. Details and clear progress will be communicated in the future.
while revenue from the Miss Universe group was found to be normal in the pre-Covid-19 era. The total revenue will be approximately 1,000 million baht and each country’s competition revenue will be 400-500 million baht. Therefore, this change in the copyright owner will affect the company’s portfolio in the field of television and commercial, entertainment content and product distribution users Considered that this extends the vision and strengthens the Miss Universe Organization and the Miss Universe brand to be attractive.
It will also be ready to reach a wider range of people by creating new businesses to build on its growth in the most important and high growth markets of the future. including the Asian market as well
However, it looks like MISS UNIVERSE is not just a beauty pageant. But it will help to expand JKN’s related business as well as develop the business to be stable and sustainable. With the ability to reach people in more than 165 countries around the world and receive more than 500 million viewers every year.
