*Official* GG2 Thread

[Sinkie]

still is gg2 unless go back 80c

Yes, gg2 until go back to the 80s level..

 

[Peasant999]

sorry, bro, i dont believe in charts. good to understand but price direction to me is not in the hands of charts but in the hand of the company and the power to be behind it. furthermore, the company is not a matured company with big share base, as such charts will not apply here. Say, the likes of Peter Lim takes a fancy to the company, it will be $1 in quick time. Charts cannot tell you that.

u got to be kidding!

Sent from OnePlus ONE A2003 using GAGT

 

[kingpartner]

These are untruths being propagated by short sellers who capitalize on ppl who do not read reports, which you can find on their site at mm2asia.com.

And then to lump one film to a 5m placement and yet says "lack working capital" is plain ludicrous. 5m is not money?

"The mm2 business model differs from the traditional filmmaking business model in that it is engaged as a movie producer rather than an investor who has to bear the commercial success risk of the movie. The company does not participate as a production stakeholder unless the film budget is not 100% funded.

Even in such scenarios, as a risk management
policy, the stake mm2 takes will be less than the fees and commissions that it will earn. A growing future source of revenue is in product placement where mm2 typically receives a commission on placing adverts or products in their films. They usually receive a 15% commission on all sponsorship, placement or location advertisements in the film. As a result of the business model, mm2’s success does not directly depend on the success of film but rather how many films it produces and how large the budgets are.

This is where mm2’s success and track record in producing quality film give it a significant edge in attracting new scripts, top-notch production crew and directors.

This has resulted in revenue growing at a CAGR of more than 54% from FY12 to FY15. We expect mm2 to double movie production to 18 movies for FY16 and earnings to grow at a CAGR of 49% from FY15 to FY18F."

http://www.sharejunction.com/sharej...me=MM2 Asia&topicTitle=MM2 Asia/Entertainment

So funny the comment in this thread!

*not me hor*

"Lacks working capital going is a concern it flopped in Mr Unbelievable... Three Investors money down the drain
------
DEC 8, 20158:08 AM


MM2 Asia, a media content provider, said on Tuesday it plans to place out S$5 million in new shares to three investors.

It would sell a total of 6.35 million shares at S$0.7872 apiece to three companies: Hesheng Media, Apex Capital Group, and Maxi-Harvest Group. Hesheng will take S$1 million worth of new shares, while the remaining two will pay S$2 million each for mm2 Asia shares. The price represents a premium of 0.33 per cent to the volume weighted average price of S$0.7846 for trades done on Dec 4, 2015, the full market day that the placement agreements were signed. The stock closed on Monday at S$0.785.

The proceeds will be used as working capital, mm2 Asia added. "

 

[Sinkie]

u got to be kidding!

Sent from OnePlus ONE A2003 using GAGT

There are no undervalued companies in sgx one.. The exchange act like a bookie will set the buying and selling price automatically based on their earnings

We just need to buy and sell accordingly haha

 

[kingpartner]

There are many activists trying to Con-vince ppl to sell them cheap - believe they envy, have missed the boat and want a big safety margin before they will get on.

A bit like how ppl aiming $3.50-4 keppel corp or $1 sembmarine or $1.4 singpost

 

[Sinkie]

There are many activists trying to Con-vince ppl to sell them cheap - believe they envy, have missed the boat and want a big safety margin before they will get on.

A bit like how ppl aiming $3.50-4 keppel corp or $1 sembmarine or $1.4 singpost

Kingpartner bro, that share junction money plant just posted this

"WARNING ITS SHOWING SIGNS OF PLUNGE"

 

[Peasant999]

These are untruths being propagated by short sellers who capitalize on ppl who do not read reports, which you can find on their site at mm2asia.com.

And then to lump one film to a 5m placement and yet says "lack working capital" is plain ludicrous. 5m is not money?

"The mm2 business model differs from the traditional filmmaking business model in that it is engaged as a movie producer rather than an investor who has to bear the commercial success risk of the movie. The company does not participate as a production stakeholder unless the film budget is not 100% funded.

Even in such scenarios, as a risk management
policy, the stake mm2 takes will be less than the fees and commissions that it will earn. A growing future source of revenue is in product placement where mm2 typically receives a commission on placing adverts or products in their films. They usually receive a 15% commission on all sponsorship, placement or location advertisements in the film. As a result of the business model, mm2’s success does not directly depend on the success of film but rather how many films it produces and how large the budgets are.

This is where mm2’s success and track record in producing quality film give it a significant edge in attracting new scripts, top-notch production crew and directors.

This has resulted in revenue growing at a CAGR of more than 54% from FY12 to FY15. We expect mm2 to double movie production to 18 movies for FY16 and earnings to grow at a CAGR of 49% from FY15 to FY18F."

This moneyplant guy, go around saying this plunge that plunge. If I were to see him I will hoot him 9696

 

[Sinkie]

This moneyplant guy, go around saying this plunge that plunge. If I were to see him I will hoot him 9696

Share junction got a lot of active traders compared to here

Hope tomorrow white knight continues to support lo

 

[kingpartner]

Ok la. What white knight? also not like those Brazil oil company folding operations.

Traders also make their own minds. There's also a few buy threads in sharejunction for mm2, u nv notice? Nv quote those?

Or the moneyplant is u? Ownself post there own self quote?
*slowclap*

Share junction got a lot of active traders compared to here

Hope tomorrow white knight continues to support lo

 

[Sinkie]

Ok la. What white knight? also not like those Brazil oil company folding operations.

Traders also make their own minds. There's also a few buy threads in sharejunction for mm2, u nv notice? Nv quote those?

Or the moneyplant is u? Ownself post there own self quote?
*slowclap*

Noleh, my nick is jiplumify in share junction leh

Yeah, you are right, Traders make their own mind, and so why shoot me for being bearish lehh??

 

[Sinkie]

65,000 seller jammed at 0.725 again..

 

[Sinkie]

sti recovered ! 11.82 points and up 0.49%

 

[Sinkie]

 

[Sinkie]

mm2 down 6.85%

$0.68

 

[winorlose]

dafaq!!!!!

 

[kingpartner]

Back to 73. Nothing more than 30lots done.

Super small shortist at work, prey on fear here for their personal gains

 

[Sinkie]

Back to 73. Nothing more than 30lots done.

Super small shortist at work, prey on fear here for their personal gains

did you do anything to push it back to 0.73?

 

[kingpartner]

No, why do I need to do anything?

did you do anything to push it back to 0.73?

 

[Sinkie]

No, why do I need to do anything?

its true.. very true..

why do you need to do anything?

 

[Sinkie]

let it dieeeee !!!!!