MM2 Asia *Official* (SGX: 43D)

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Sinkie

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good ma, waiting for MM2 to go China and rack the box office there only. maybe $7.80 and not $0.78 liao

On Feb. 18, 2012, China and the US signed a memorandum of understanding on ways to resolve film disputes under the World Trade Organization mechanism. Since then, the annual quota set by Beijing for cinema releases of foreign movies in China has been raised from 20 films to 34 (mostly IMAX and 3D films), and the percentage of ticket receipts in the country from American films has increased from 13% to 25%.

Though the memorandum was set to expire in 2017, the agreements mean the import quota could be further relaxed or even withdrawn altogether.

but must wait for 2 years later wor.. so buy at $0.40, and sell at $7.80 in 2 years time??
 

kingpartner

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sparkman up 7.81% but mm2 down -3.32%

I generally don't look at loss making companies like Spackman one, unless day trade or pure contra speculation. If you bought and held Spackman, well, its down from 50ct 1st week high to 6.3ct now? -85%? 200m mkt cap to 25m.
Those are in the category of the top30 pennies.


MM2 is different - earnings growth /value stock, 3x since IPO? M&A also seems measured
 

Sinkie

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I generally don't look at loss making companies like Spackman one, unless day trade or pure contra speculation. If you bought and held Spackman, well, its down from 50ct 1st week high to 6.3ct now? -85%? 200m mkt cap to 25m.
Those are in the category of the top30 pennies.


MM2 is different - earnings growth /value stock, 3x since IPO? M&A also seems measured

why 0.75 so many seller :(
 

chainer9999

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u already run at 725 leh.. 77 now nvm la. dun see maybe you'll feel better

QtZNy.jpg


feeling better
 
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