Board Change • Nov 21
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Non-Executive Director Hok Lim Lai was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Annonce • Nov 11
Zhou Danqing acquired 16.04% stake in Global Mastermind Holdings Limited (SEHK:8063) from Eternity Finance Group Limited. Zhou Danqing acquired 16.04% stake in Global Mastermind Holdings Limited (SEHK:8063) from Eternity Finance Group Limited on November 11, 2024.
Zhou Danqing completed the acquisition of 16.04% stake in Global Mastermind Holdings Limited (SEHK:8063) from Eternity Finance Group Limited on November 11, 2024. Reported Earnings • Aug 28
First half 2024 earnings released: HK$0.048 loss per share (vs HK$0.005 loss in 1H 2023) First half 2024 results: HK$0.048 loss per share (further deteriorated from HK$0.005 loss in 1H 2023). Net loss: HK$24.3m (loss widened HK$21.8m from 1H 2023). Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 35% per year, which means it is significantly lagging earnings. Annonce • Aug 14
Global Mastermind Holdings Limited to Report First Half, 2024 Results on Aug 26, 2024 Global Mastermind Holdings Limited announced that they will report first half, 2024 results on Aug 26, 2024 Annonce • Jun 24
Global Mastermind Holdings Limited Announces Re-Designation of Wong Chun Hung Hanson from A Non-Executive Director to an Executive Director Global Mastermind Holdings Limited announced that Mr. Wong Chun Hung Hanson ("Mr. Wong") has been re-designated from a non-executive Director to an executive Directorwith effect from 24 June 2024. Mr. Wong, aged 50, was a non-executive Director since 16 June 2023 and has been re-designated as an executive Director from 24 June 2024. Mr. Wong has over 21 years of experience in the finance industry. He is the co-founder of and was the director of Seazen Resources Capital Group Limited from January 2015 to December 2022, which mainly engaged in managing a portfolio of companies that engaged in the provision of security brokerage and underwriting services, asset management services, and money lending services. Mr. Wong is currently a non-executive director and the chairman of the board of directors of Link Holdings Limited, a company listed on GEM ("GEM") operated by The Stock Exchange of Hong Kong Limited. Mr. Wong was a non-executive director of Asia Grocery Distribution Limited, a company listed on GEM (stock code: 8413), from 29 September 2016 to 29 February 2024. Annonce • May 01
Global Mastermind Holdings Limited, Annual General Meeting, Jun 18, 2024 Global Mastermind Holdings Limited, Annual General Meeting, Jun 18, 2024, at 10:30 China Standard Time. Location: 6/F., ibis Hong Kong Central & Sheung Wan Hotel, No. 28 Des Voeux Road West, Sheng Wan Hong Kong Agenda: To receive, consider and adopt the audited consolidated financial statements of the Company and its subsidiaries and the reports of the directors (the "Directors") and auditor of the Company for the year ended 31 December 2023;to consider re-elect Mr. Mung Bun Man Alan as executive Director;to consider to re-elect independent non-executive Directors;to consider to appoint HLB Hodgson Impey Cheng Limited as the auditor of the Company and to authorize the board of Directors to fix its remuneration. Reported Earnings • Mar 28
Full year 2023 earnings released: HK$0.067 loss per share (vs HK$0.32 loss in FY 2022) Full year 2023 results: HK$0.067 loss per share (improved from HK$0.32 loss in FY 2022). Net loss: HK$34.1m (loss narrowed 79% from FY 2022). Annonce • Mar 15
Global Mastermind Holdings Limited to Report Fiscal Year 2023 Results on Mar 27, 2024 Global Mastermind Holdings Limited announced that they will report fiscal year 2023 results on Mar 27, 2024 New Risk • Feb 15
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Hong Kong stocks, typically moving 14% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (14% average weekly change). Earnings have declined by 20% per year over the past 5 years. Market cap is less than US$10m (HK$26.6m market cap, or US$3.40m). Minor Risk Revenue is less than US$5m (HK$14m revenue, or US$1.8m). Reported Earnings • Nov 14
Third quarter 2023 earnings released: HK$0.045 loss per share (vs HK$0.089 loss in 3Q 2022) Third quarter 2023 results: HK$0.045 loss per share (improved from HK$0.089 loss in 3Q 2022). Net loss: HK$23.0m (loss narrowed 49% from 3Q 2022). Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has fallen by 49% per year, which means it is performing significantly worse than earnings. Annonce • Nov 01
Global Mastermind Holdings Limited to Report Q3, 2023 Results on Nov 13, 2023 Global Mastermind Holdings Limited announced that they will report Q3, 2023 results on Nov 13, 2023 Reported Earnings • Aug 16
Second quarter 2023 earnings released: EPS: HK$0.006 (vs HK$0.053 loss in 2Q 2022) Second quarter 2023 results: EPS: HK$0.006 (up from HK$0.053 loss in 2Q 2022). Net income: HK$3.06m (up HK$30.4m from 2Q 2022). Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has fallen by 50% per year, which means it is performing significantly worse than earnings. Annonce • Aug 03
Global Mastermind Holdings Limited to Report First Half, 2023 Results on Aug 14, 2023 Global Mastermind Holdings Limited announced that they will report first half, 2023 results on Aug 14, 2023 Board Change • Jun 29
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Non-Executive Director Hok Lim Lai was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. New Risk • Jun 27
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Hong Kong stocks, typically moving 9.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 29% per year over the past 5 years. Market cap is less than US$10m (HK$30.1m market cap, or US$3.85m). Minor Risks Share price has been volatile over the past 3 months (9.5% average weekly change). Revenue is less than US$5m (HK$17m revenue, or US$2.2m). Reported Earnings • May 19
First quarter 2023 earnings released: HK$0.011 loss per share (vs HK$0.01 loss in 1Q 2022) First quarter 2023 results: HK$0.011 loss per share (further deteriorated from HK$0.01 loss in 1Q 2022). Net loss: HK$5.60m (loss widened 10% from 1Q 2022). Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has fallen by 52% per year, which means it is performing significantly worse than earnings. Annonce • May 04
Global Mastermind Holdings Limited to Report Q1, 2023 Results on May 15, 2023 Global Mastermind Holdings Limited announced that they will report Q1, 2023 results on May 15, 2023 Reported Earnings • Mar 31
Full year 2022 earnings released: HK$0.32 loss per share (vs HK$0.37 loss in FY 2021) Full year 2022 results: HK$0.32 loss per share (improved from HK$0.37 loss in FY 2021). Net loss: HK$162.8m (loss narrowed 7.3% from FY 2021). Over the last 3 years on average, earnings per share has fallen by 22% per year but the company’s share price has fallen by 43% per year, which means it is performing significantly worse than earnings. Annonce • Nov 03
Global Mastermind Holdings Limited Provides Earnings Guidance for the Nine Months Ended 30 September 2022 Global Mastermind Holdings Limited provided earnings guidance for the nine months ended 30 September 2022. For the period, the Group expects to record a loss of the Group within a range of HKD 75.0 million to HKD 80.0 million, as compared to a loss of HKD 7.4 million for the nine months ended 30 September 2021. The significant increase in loss was mainly due to: (a) a decrease in interest income from money lending business, (b) the recognition of a net realised and unrealised loss on securities investment in the nine months ended 30 September 2022, in contrast to a net realised and unrealised gain on securities investment in the corresponding period last year, (c) the recognition of an allowance for expected creditloss on account receivables from securities margin clients, and (d) an increase in the allowance for expected credit loss on loan receivables. Annonce • Oct 28
Global Mastermind Holdings Limited to Report Q3, 2022 Results on Nov 09, 2022 Global Mastermind Holdings Limited announced that they will report Q3, 2022 results on Nov 09, 2022 Reported Earnings • Aug 09
Second quarter 2022 earnings released: HK$0.053 loss per share (vs HK$0.006 loss in 2Q 2021) Second quarter 2022 results: HK$0.053 loss per share (down from HK$0.006 loss in 2Q 2021). Net loss: HK$27.3m (loss widened HK$24.3m from 2Q 2021). Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has fallen by 43% per year, which means it is performing significantly worse than earnings. Annonce • Jul 28
Global Mastermind Holdings Limited to Report First Half, 2022 Results on Aug 08, 2022 Global Mastermind Holdings Limited announced that they will report first half, 2022 results on Aug 08, 2022 Annonce • Jul 22
Global Mastermind Holdings Limited Provides Consolidated Earnings Guidance for the Six Months Ended June 30, 2022 Global Mastermind Holdings Limited provided consolidated earnings guidance for the six months ended June 30, 2022. For the period, the group expects to record a loss of the Group of not less than HKD 30 million as compared to the profit of HKD 31.1 million for the six months ended June 30, 2021. Annonce • May 18
Global Mastermind Holdings Limited Announces Compliance Officer Changes The board of directors of Global Mastermind Holdings Limited announced that Mr. Mung Bun Man, Alan has resigned as the compliance officer and an authorised representative, with effect from May 17, 2022 in order to devote more time to his duties of executive Director and Managing Director. Mr. Cheung Kwok Wai, Elton has been appointed as the Compliance Officer and the Authorised Representative with effect from May 17, 2022. Reported Earnings • May 12
First quarter 2022 earnings released: HK$0.01 loss per share (vs HK$0.08 profit in 1Q 2021) First quarter 2022 results: HK$0.01 loss per share (down from HK$0.08 profit in 1Q 2021). Net loss: HK$5.08m (down 115% from profit in 1Q 2021). Over the last 3 years on average, earnings per share has fallen by 25% per year but the company’s share price has fallen by 36% per year, which means it is performing significantly worse than earnings. Annonce • Apr 26
Global Mastermind Holdings Limited, Annual General Meeting, Jun 16, 2022 Global Mastermind Holdings Limited, Annual General Meeting, Jun 16, 2022, at 10:30 China Standard Time. Location: at Meeting Room (Soho 2), 6/F., ibis Hong Kong Central & Sheung Wan Hotel No. 28 Des Voeux Road West Sheung Wan Hong Kong Agenda: To receive, consider and adopt the audited consolidated financial statements of the Company and its subsidiaries and the reports of the directors and auditor of the Company for the year ended 31 December 2021; to consider the re-election of directors; to authorize the board of Directors to fix the Directors' remuneration; to appoint HLB Hodgson Impey Cheng Limited as the auditor of the Company and to authorize the board of Directors to fix its remuneration; to allot, issue and deal with unissued shares of the company and to make or grant offers, agreements and options (including warrants, bonds, debentures, notes and other securities which carry rights to subscribe for or are convertible into shares of the Company), which might require the exercise of such powers be and the same is hereby generally and unconditionally approved; and to consider the other matters. Reported Earnings • Mar 28
Full year 2021 earnings released: HK$0.37 loss per share (vs HK$0.63 loss in FY 2020) Full year 2021 results: HK$0.37 loss per share (up from HK$0.63 loss in FY 2020). Net loss: HK$175.6m (loss narrowed 34% from FY 2020). Over the last 3 years on average, earnings per share has fallen by 27% per year but the company’s share price has fallen by 56% per year, which means it is performing significantly worse than earnings. Reported Earnings • Nov 12
Third quarter 2021 earnings released: HK$0.075 loss per share (vs HK$0.032 loss in 3Q 2020) Third quarter 2021 results: Net loss: HK$38.5m (loss widened 186% from 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 38% per year but the company’s share price has fallen by 52% per year, which means it is performing significantly worse than earnings. Annonce • Aug 08
Global Mastermind Holdings Limited Provides Unaudited Consolidated Earnings Guidance for the Six Months Ended June 30, 2021 Global Mastermind Holdings Limited provided unaudited consolidated earnings guidance for the six months ended June 30, 2021. For the six months, the Group expects to record a profit attributable to owners of the company for the six months ended 30 June 2021 within a range of approximately HKD 29.50 million to approximately HKD 32.50 million as compared to a loss of HKD 161.34 million for the six months ended 30 June 2020. The turnaround from loss to profit was mainly due to (i) a HKD 65.77 million decrease in provision for expected credit losses on trade receivables; (ii) the recognition of an HKD 0.88 million reversal of provision for expected credit losses on loan receivables, whereas a HKD 37.93 million provision for expected credit losses was recognised in the corresponding period last year; (iii) the recognition of a HKD 31.75 million net realised and unrealised gains on securities investment, whereas a HKD 16.88 million net realised and unrealised losses on securities investment was recognised in the corresponding period last year; and (iv) the recognition of a HKD 6.80 million gain on fair value changes of investment properties, whereas a HKD 26.70 million loss on fair value changes of investment properties was recognised in the corresponding period last year. Reported Earnings • May 11
First quarter 2021 earnings released: EPS HK$0.008 (vs HK$0.042 loss in 1Q 2020) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: HK$54.4m (up HK$51.0m from 1Q 2020). Net income: HK$34.1m (up HK$51.9m from 1Q 2020). Profit margin: 63% (up from net loss in 1Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 87 percentage points per year, which is a significant difference in performance. Annonce • May 08
Global Mastermind Holdings Limited Provides Unaudited Consolidated Earnings Guidance for the Three Months Ended 31 March 2021 Global Mastermind Holdings Limited provided unaudited consolidated earnings guidance for the three months ended 31 March 2021. For the quarter, the group expects to record a profit attributable to owners within a range of HKD 30.00 million to HKd 36.00 million as compared to a loss of HKD 17.83 million for the three months ended 31 March 2020. The turnaround from loss to profit was due to the recognition of a HKD 38.12 million net unrealised gain on securities investment, whereas a HKD 11.46 million net unrealised loss on securities investment was reported in the corresponding period last year. Reported Earnings • Mar 30
Full year 2020 earnings released: HK$0.063 loss per share (vs HK$0.013 loss in FY 2019) Full year 2020 results: Net loss: HK$267.1m (loss widened 389% from FY 2019). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 66 percentage points per year, which is a significant difference in performance. Annonce • Mar 18
Global Mastermind Holdings Limited to Report Fiscal Year 2020 Results on Mar 29, 2021 Global Mastermind Holdings Limited announced that they will report fiscal year 2020 results on Mar 29, 2021 Annonce • Jan 16
Global Mastermind Holdings Limited Announces Resignation of Tse Ke Li as Executive Director The board of directors of Global Mastermind Holdings Limited announced that Mr. Tse Ke Li ("Mr. Tse") has resigned as an executive Director with effect from 15 January 2021 in order to devote more time to his other business commitments. Annonce • Nov 13
Global Mastermind Holdings Limited announced that it has received HKD 60 million in funding from Heng Tai Finance Limited On November 12, 2020, Global Mastermind Holdings Limited (SEHK:8063) closed the transaction. Reported Earnings • Nov 12
Third quarter 2020 earnings released: HK$0.003 loss per share Third quarter 2020 results: Net loss: HK$13.4m (down 266% from profit in 3Q 2019). Over the last 3 years on average, earnings per share has fallen by 55% per year but the company’s share price has only fallen by 26% per year, which means it has not declined as severely as earnings. Annonce • Nov 01
Global Mastermind Holdings Limited to Report Q3, 2020 Results on Nov 11, 2020 Global Mastermind Holdings Limited announced that they will report Q3, 2020 results on Nov 11, 2020 Annonce • Sep 28
Global Mastermind Holdings Limited announced that it expects to receive HKD 60 million in funding from Heng Tai Finance Limited Global Mastermind Holdings Limited (SEHK:8063) announced that it has entered into a subscription agreement for a private placement of convertible bonds for a gross proceeds of HKD 60,000,000 with returning investor, Heng Tai Finance Ltd. on September 25, 2020. The bonds will be issued at par. The note bears a fixed interest rate of 8% per annum and will mature in 24 months from the date of closing. The note is convertible into maximum 845,070,422 common shares of the company at an initial conversion price of HKD 0.071 per share representing 19.82% of the existing share capital of the company. The bonds are transferable, unconditional, unsubordinated and guaranteed obligations. The transaction is expected to close by November 12, 2020. The transaction is subject to shareholders' approval of investor. Annonce • Aug 04
Global Mastermind Holdings Limited to Report First Half, 2020 Results on Aug 13, 2020 Global Mastermind Holdings Limited announced that they will report first half, 2020 results on Aug 13, 2020 
