Magic Empire Global (MEGL) Stock

2023 Update

About Magic Empire Global

Magic Empire Global (MEGL) is an established and well respected financial services firm based in Central, Hong Kong. Founded in 2016, the firm provides corporate finance advisory services and underwriting services to its corporate clients.

MEGL’s experienced staff of professionals provides clients with a range of valuable services, including initial public offering sponsorship, financial and independent financial advisory, financial advisory, post-listing compliance advisory, and underwriting services.

MEGL is committed to working with integrity and professionalism in order to provide the best possible services to its clients. The firm seeks to ensure that its clients always have access to the right information, advice, and opportunities to help them make informed decisions. Moreover, by utilizing its extensive network of contacts and resources, MEGL is able to ensure that its corporate clients always have the resources and expertise needed to succeed in a competitive market.

At the helm of the firm are a number of experienced professionals, including Chief Executive Officer and Founder Dominic Michel, Chief Operating Officer Winston Wong, and Chief Financial Officer David Chan. Together, the leadership and staff are dedicated to providing outstanding results to their clients.

MEGL is dedicated to upholding the highest standards of business and professionalism in the industry. The firm is committed to providing its clients with quality services at a competitive price. Additionally, in order to ensure that its clients are able to receive the most up-to-date information and trends from the industry, the firm frequently participates in conferences, seminars, and other events related to the field.

As a top financial services firm in the country, Magic Empire Global is committed to helping its clients reach their financial goals. With a full-time staff of nine experienced professionals, the firm has the resources and knowledge needed to efficiently fulfill the needs of its clients and to help them reach their goals.

Magic Empire Global's Performance

Magic Empire Global is a leading global financial services company with a presence in more than 30 countries. The company has had a strong financial performance over the past several years, with total revenue of HKD 10.97M, representing a 67.1% decrease over the previous year. The gross margin for the period was 87.39% and profit margin was -35.04%.

The company had a total cash of HKD 121.81M, a total debt of HKD 3.65M and a debt-to-equity ratio of 2.68. While current liabilities were HF 20.915M, the quick ratio was very high at 20.74. Currently, the company’s stock is trading at a price of HKD 1.65.

The operating cash flow was negative at HKD 910.36k while the Free Cash Flow was positive at around HKD 4.22M. The return on assets and equity were -4.53% and -5.42%, respectively. The Earnings Before Interest, Tax, Depreciation and Amortization (EBITDA) for the year was HKD 0.

At the moment, there is no analyst consensus on the performance of Magic Empire Global. The mean and median target price are also unknown.

In conclusion, Magic Empire Global is performing well despite the decrease in revenue. The company’s debt-to-equity ratio is very good and its quick ratio is high. Furthermore, the return on assets and equity are both negative, indicating that the company is not generating a sufficient amount of income from its assets and investments. With all this in mind, investors should conduct further research before making any investments in the company.

How does Magic Empire Global Perform During a Recession?

When business conditions make it difficult for companies, services such as those provided by MEGL become increasingly important. During tough economic times, clients often look to MEGL to provide assistance in seeking funding or restructuring debt. In fact, during the 2008 global recession, MEGL’s services helped several clients secure vital funding or restructuring assistance. The firm’s commitment to providing quality services has helped its clients sail through the difficult times while continuing to achieve strong results. While the current economic climate may be difficult, MEGL remains committed to providing quality services to its clients.

How does Magic Empire Global Perform During High Inflation Economy?

When facing high inflation, MEGL aims to reduce the cost of funding by utilizing its strong asset base and its expertise in underwriting. In times of higher inflation, the firm also seeks to diversify its investments to help alleviate the risk associated with inflationary pressures. The firm maintains a strict focus on liquidity, and seeks to manage its portfolio in such a way that it minimizes the risk of market volatility. In addition, the firm has built an effective risk management system to help ensure that it can effectively manage its assets in times of high inflation.

MEGL has also adopted a flexible approach to risk management. This flexibility helps the firm prepare for uncertainty in the markets and allows it to make necessary adjustments to its portfolio in order to help reduce the risk and to ensure that it can still deliver returns to its clients. In addition, the firm’s commitment to research and staying up-to-date with the latest industry news and trends also helps it to continuously improve its services and to remain an industry leader.

Overall, Magic Empire Global is committed to providing its clients with superior service and the knowledge and expertise needed to reach their goals, even in times of high inflation. The firm’s experienced staff, resources, and risk management system ensure that the firm can help its clients succeed in a competitive environment.

What Are the Risks Associated to Magic Empire Global (MEGL)?

Risks associated with Magic Empire Global include:
• the prevalence of fluctuations in the markets in which MEGL operates, which may lead to a decrease in revenue and profits;
• the presence of intense competition for the company’s services;
• the effects of changes in industry regulations, which could reduce the company’s market share or profitability;
• uncertainty surrounding the direction of the Chinese economy, which could reduce demand for MEGL’s services;
• potential mismanagement of funds or resources, which could lead to financial losses;
• potential lawsuits, which could result in fines or penalties;
• the risk of a liquidity crisis if unexpected expenses arise; and
• the risk of currency exchange rate fluctuations, which could affect the company’s financial position.