Here We Go... Can GSMG Break Through The $4.00/share Level Soon?

 Here We Go... Can GSMG Break Through The $4.00/share Level Soon? July 14th, 2020 FierceAnalyst Member, Are you watching the momentum building in GSMG right now? The stock recently hit $4.00/share. If this very bullish volume keeps up, we could potentially see one exciting day play out. Glory Start New Media Group Holdings just released two block-bluster news releases this morning at 8:00 a.m. EST. I urge you to keep GSMG on your radar this morning... Press Release Glory Star New Media Holdings Outlines Vision for Future in Interview with Chief Entertainment Officer Magazine Published: July 14, 2020 at 12:00 a.m. ET BEIJING, July 14, Jul 14, 2020 (GLOBE NEWSWIRE via COMTEX) -- Glory Star New Media Group Holdings Limited (NASDAQ: GSMG) ("Glory Star" or the "Company"), a leading mobile and online digital media and entertainment company in China, today announced that the Company's Chief Executive Officer, Mr. Bing Zhang, was interviewed by Chief Entertainment Officer Magazine on July 13, 2020. Chief Entertainment Officer Magazine is a social media group focused on covering online entertainment in China. The full transcript of the interview can be accessed on the Company's investor relations website at . The following excerpts are English language translations of key highlights from the interview. Press Release Glory Star New Media Group Holdings Limited Announces Hiring of Capital Market Veteran As its Advisor Published: July 14, 2020 at 12:00 a.m. ET BEIJING, July 14, Jul 14, 2020 (GLOBE NEWSWIRE via COMTEX) -- Glory Star New Media Group Holdings Limited (NASDAQ: GSMG) ("Glory Star" or the "Company"), a leading mobile and online digital media and entertainment company in China, is pleased to announce that Glory Star has engaged Mr. Steven Antebi, a U.S. capital market veteran, as its adviser. Mr. Antebi is presently the manager of Maple Capital Management, a position he has held from 1993 to the present. Maple invests in Global Equities and structured debt. Mr. Antebi is currently the chairman of the board and co-founder of Crunch Digital and the Royalty Review Counsel. Both companies are leaders in the field of royalty accounting and intellectual property rights management, with particular emphasis on the music industry. Prior to that, Mr. Antebi served for twenty years in various senior positions at Bear Stearns and Company, including institutional sales, trading the firm's capital in the over the counter market, syndicate distribution, and outside investment banking. Mr. Antebi will receive 2,000,000 non-qualified stock options as a consultant to the Company at a strike price of $3.60 and shall vest over a 14 month period. Glory Star New Media Holdings Limited Announces Partnership with Nanfang Food Basket to Expand CHEERS e-Mall Offerings and Support China's Agricultural Industry Published: July 7, 2020 at 9:08 a.m. ET BEIJING, July 07, Jul 07, 2020 (GLOBE NEWSWIRE via COMTEX) -- Glory Star New Media Group Holdings Limited (NASDAQ: GSMG) ("Glory Star" or the "Company"), a leading mobile and online digital media and entertainment company in China, today announced that it has established a strategic cooperation agreement with Nanfang Food Basket, an integrated sales platform for agricultural products in China. Nanfang Food Basket is operated by Nanfang Media Group, which has established a top brand presence in China with a service coverage of roughly 200 million people. The partnership between the Company and Nanfang Food Basket will focus on leveraging the substantial user traffic and dynamic media capabilities of the Company's CHEERS e-Mall platform to improve the marketing and sales performances of Nanfang Food Basket for its agricultural products, which include fresh fruits, vegetables, and dairy products. In addition, CHEERS e-Mall users in all parts of China will still be able to enjoy a delivery time of just a few days for these agricultural products, despite them being sourced from China's more rural and poverty-stricken areas. After launching its CHEERS App in 2018, the Company concentrated on the integration of premium lifestyle content with online sales to pioneer a new and innovative content e-commerce model. In April 2019, the Company launched CHEERS e-Mall to better address China's youth and the diverse consumption needs of this same demographic. CHEERS e-Mall is a highly interactive shopping experience that allows users to browse the Company's online store while simultaneously enjoying the platform's premium lifestyle content. The Company continues to expand its user base as well as its online advertising and e-commerce businesses by consistently refining its service offerings and curating premium lifestyle content. As of April 30, 2020, CHEERS App downloads exceeded 106.5 million, while CHEERS App average DAUs reached 4.1 million for the three months ended March 31, 2020. In addition, during the 6.18 Shopping Festival in 2020, the Company collaborated with 460 business partners and 1,200 brands to present over 15,000 stock keeping units to its users. The Company also grew its GMV to RMB50.6 million during the 6.18 Shopping Festival in 2020, representing an increase of more than 40 times the GMV previously generated during the 6.18 Shopping Festival in 2019. CHEERS e-Mall GMV Growth Exceeds 4,000% YoY during the 6.18 E-Commerce Shopping Festival in China BEIJING, June 23, 2020 (GLOBE NEWSWIRE) -- Glory Star New Media Group Holdings Limited (NASDAQ: GSMG) (“Glory Star” or the “Company”), a leading mobile and online digital media and entertainment company in China, today announced that the Gross Merchandise Value (GMV) for its CHEERS e-Mall online e-commerce platform grew by 4,009% year over year to RMB50.6Mn and order volume increased by more than 780% year over year in 2020 during the 6.18 e-commerce shopping festival, a highly popular mid-year e-commerce shopping bonanza occurring annually in China. [Read The Full Article Here.]( ------ Plus, recently (GSMG) announced a content update on its partnership with JD.com that they believe will bring them millions in revenue: GSMG Glory Star New Media Group Holdings, Anticipates a Multi-Mn Dollar Revenue Stream with Industry Leader JD.com for Premium Entertainment Services in China GSMG partners with JD.com Inc. (“JD”), one of China’s largest e-commerce platforms. As part of the partnership with GSMG, the company will develop solutions to help JD fulfill their customers’ needs for premium lifestyle-oriented online content, in the forms of text and short-form videos. The content production for JD.com is a great addition to Glory Star’s premium digital client lists which includes Tencent, Alibaba, Weibo, Iqiyi as well as traditional consumer brand clients such as Starbucks, Pantene, Louis Vuitton, Samsung and Sony. JD.com is a leading technology driven e-commerce company transforming to become the leading supply chain-based technology and service provider. JD.com is the largest retailer in China, a member of the NASDAQ 100 and a Fortune Global 500 company. To further the high earnings power here, GSMG management remains committed to its successful strategy of integrating premium lifestyle content with innovative e-commerce offerings to benefit from the growth of consumerism in China. This Partnership Could Be A True Game-Changer! “While the outbreak of CV-19 has gradually been brought under control, we are excited to resume our content production in May as part of our partnerships with all of our clients,” commented Mr. Bing Zhang, Chairman and Chief Executive Officer of Glory Star. “In the past three years, we have leveraged our industry-leading content production and content marketing capabilities to serve consumer brands both at home and abroad. Through our collaboration, our premium content will help JD better serve its massive customer base by establishing a complete content service ecosystem. As we actively explore additional collaboration opportunities with JD for a long-term partnership, we are confident that our partnership will serve as an important driver for our growth and a success case for us to forge more strategic partnerships going forward.” Prior to this announcement, the company announced their 2019 financials in what looks to be a press release that has flown under-the-radar to this point.  GSMG Shareholder Catalyst: - Downloads of the CHEERS App exceeded 85 million for the year ended December 31, 2019, compared to 12 million for the year ended December 31, 2018. - Average daily active users (“DAUs”) of the CHEERS App increased to 1.9 million from 0.4 million in the full year of 2018. - Glory Star’s e-Mall sold over 13,180 Stock Keeping Units (“SKUs”), recording over RMB133.76 million (US$19.36Mn) in gross merchandise value (“GMV”) through its CHEERS App in the same period. - Revenues increased by 16.7% to US$65.8Mn from US$56.4Mn in the full year of 2018. - Income from operations increased by 94.4% to US$26.8Mn from US$13.8Mn in the full year of 2018. - Operating margin expanded to 40.8% from 24.5% in the full year of 2018. - Net income attributable to Glory Star’s shareholders increased by 94.5% to US$26.3Mn from US$13.5Mn in the full year of 2018. - Net margin expanded to 40.0% from 24.0% in the full year of 2018. These robust financial and operating results were driven by the GSMG innovative business model, increasingly competitive value propositions, and ability to capitalize on the growing market opportunity.  GSMG remained committed to bolstering production capabilities for tailored content and increasing collaborations with experienced producers to develop popular network dramas. Notably, by leveraging professionally-generated content, GSMG has attracted an increasing number of users to its CHEERS App, as evidenced by the sevenfold increase in CHEERS app downloads on a year-over-year basis and the 365.9% growth in DAUs for 2019. As a result of such improvements, GSMG significantly increased the GMV for its CHEERS App during the full year of 2019. Even with CV-19 pandemic, GSMG's CHEERS APP was off to a hot start in 2020. Here are more operating highlights from Q1 2020: First Quarter 2020 Operating Highlights - Downloads of the CHEERS App exceeded 100.5Mn as of March 31, 2020, compared to 17.2Mn as of March 31, 2019. - Average daily active users (“DAUs”) of the CHEERS App increased to 4.1Mn from 0.5Mn in the same period of 2019. - The Company’s e-Mall carried over 9,602 Stock Keeping Units (“SKUs”) as of March 31, 2020, and recorded over RMB40.6 million (US$5.8Mn) in gross merchandise value (“GMV”) through its CHEERS App in the first quarter of 2020. Over 100Mn Downloads! Over 4.1Mn Daily Active Users! Since the middle of May, GSMG has been on a steady grind from a low on May 13 of $3.19 all the way to a high of $5.00 while settling at $3.95 at close yesterday. That said, it's interesting to note that GSMG has been holding its gains as of recent. Could this be signalling trader confidence that GSMG has the potential to keep posting vertical growth in the short-term? Plus, with Yahoo Finance reporting GSMG to have roughly 14.99Mn shares in its float, the slightest bit of positive corporate news could be enough to continue this recent vertical growth surge in the short-term. Between the company's strong partnership with JD.com and its 2019 operating and financial highlights, plus a strong operating start in Q1 2020, GSMG may be currently undervalued at current levels. Another Potential GSMG Shareholder Catalyst: Working With Multiple International Luxury Brands Glory Star New Media Group Holdings Limited Completes Content Production Programs for Multiple International Luxury Brands BEIJING, June 09, 2020 (GLOBE NEWSWIRE) -- Glory Star New Media Group Holdings Limited (NASDAQ: GSMG) (“Glory Star” or the “Company”), a leading mobile and online digital media and entertainment company in China, today announced that it has successfully completed content production programs for multiple international luxury brands, including Fendi, Prada, Gucci, and Burberry. According to the Luxury Goods Worldwide Market Study, Fall-Winter 2019 report produced by Bain & Company, the worldwide demand for luxury goods continued to grow in 2019, which resulted in a global industry worth approximately €281Bn as of the end of the year. Currently, China has begun to lead the way toward recovery from the CV-19 pandemic, and Chinese consumers are set to cement their status as crucial growth drivers for the industry going forward. According to Bain & Company’s Luxury Study 2020 Spring Update released in May 2020, Chinese consumers are expected to account for approximately 50% of the total global market for luxury goods in 2025 compared to 35% in 2019. Based on data from data for the 2019 McKinsey China Luxury Report, the growth of China’s luxury spending will be primarily driven by a significant uptick of upper-middle-class households. The total number of China’s upper-middle-class households is expected to reach 350 million by 2025 with a compound annual growth rate of 28% from 2018 to 2025. As part of Glory Star’s content production strategies with international luxury brands, Glory Star will leverage its award-winning lifestyle content production services and social media platforms to help expand the online presence of these brands in China. Glory Star will also utilize the leading traffic conversion capabilities and extensive content library of its CHEERS app to enable luxury brands to better penetrate China’s emerging luxury market more effectively. Mr. Bing Zhang, Chairman and Chief Executive Officer of Glory Star, commented, “We are excited to work with such internationally renowned luxury brands. These working relationships will allow us to further solidify our leadership as a premium content provider in the high-end segment of the luxury e-commerce market. Meanwhile, our access to world-class brands and expanding library of custom content will further boost user retention, user engagement, and user stickiness on our platform. Looking ahead, we are confident that these working relationships will make meaningful contributions to our business expansion efforts as we advance through the rest of 2020 and beyond.” Conclusion: Five Huge Potential Catalysts For Shareholder Growth In 2020 - #1 Potential Catalyst: This is a NASDAQ stock. - #2 Potential Catalyst: The company is part of a red-hot sector with major upside potential. - #3 Potential Catalyst: This company has partnered with one of China's biggest e-commerce platforms. - #4 Potential Catalyst: The company has major revenue potential as 2019 was a record year. - #5 Potential Catalyst: The stock's low float share structure. - #6 Two Breaking News Releases issued this morning Be on the lookout for my next update... Sincerely, Fierce Analyst | Jaks Swift Editorial Writer [Source 1]( [Source 2]( [Source 3]( I am not a licensed financial adviser. All potential percentage gains are based on from the low to the high of day. 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