MM2 Asia    Last:0.003   -

MM2 Asia [1B0.si]

That day MM2 halted and everyone panic. Will they halt again and make some announcement

 

If you look at the chart after it XB, it went down to 40c and below 200dma. it slowly climbed above and Traders shout buy buy buy and not really bothered abt fundamentals.

​ If TA is a good indicator, thene every trader will be millioinaire by trading .. so simple meh ?

 

I look at both TA and FA. When TA takes over, you have to respect the market forces, and wait for FA to re-assert itself. For time being, those who kept shouting buys and suspect. Hope I am wrong about the TA, those who are vested higher than current can see daylight soon.  

genting^2      ( Date: 18-Aug-2017 15:20) Posted: TA you are correct but FA has no change as it is profitable company quarterly, yearly. ​ To just sweep every counter that is below 200dma as weak isnt practical. ​ Look at best way, it rebounded despite being shorted down. So, if a stock is 200dma, does it mean it should be shorted to $0 .. doesn' t make any sense right if the company is sound and is profitable.

 

TA you are correct but FA has no change as it is profitable company quarterly, yearly.
​ To just sweep every counter that is below 200dma as weak isnt practical.

​ Look at best way, it rebounded despite being shorted down. So, if a stock is 200dma, does it mean it should be shorted to $0 .. doesn' t make any sense right if the company is sound and is profitable.

 

Grossly OVER valued. Mkt cap 560 mil.
Fair value : 200 mil
So , fair value price : 15 to 20 cts.
Call : sell

Singapore mktt too small. You go north asia, others want u to show ur money.
China 1 mega film sgd 100 mil budget, how to fight ?

1 flop can wipe out this company. High risk.

 

This stock has broken and STAYED BELOW its 200 days moving average. In the past, all corrections swiftly bounced off the 200 DMA. But this time it is different. So hope you are right, and not bringing people to Holland or, Genting...

caleb140177      ( Date: 18-Aug-2017 15:03) Posted: Good counter for semi long-term investment. genting^2      ( Date: 18-Aug-2017 14:43) Posted: No fundamental change. profitable company every quarter. placement by Starhub at 57c shows its confidence with MM2. ​ DBS TP 60c..

 

Good counter for semi long-term investment.

genting^2      ( Date: 18-Aug-2017 14:43) Posted: No fundamental change. profitable company every quarter. placement by Starhub at 57c shows its confidence with MM2. ​ DBS TP 60c..

 

No fundamental change. profitable company every quarter. placement by Starhub at 57c shows its confidence with MM2.
​ DBS TP 60c..
 

 

It is a good price to accmulate before it breaks 50c and TA people will suddenly shout buy buy buy.

 

Is it gayish? So they are into erotic movies? 

 

They also did Wonder Woma- oops, Wonder Boy.

lifeisgood      ( Date: 18-Aug-2017 14:11) Posted: Actually, to be fair, MM2 does not only produce ah boys to men 1, 2, 3, 4,,,,,, but also The Tenants Downstairs.

 

Actually, to be fair, MM2 does not only produce ah boys to men 1, 2, 3, 4,,,,,, but also The Tenants Downstairs. 

 

Investors vs traders
FA vs TA

 

I find it hiliarious that some kids only know MM2 as the producer of army to men 1 2 3. 
​ If you want to invest, please do your homework.! Understand what the company does.
​ Know more abt the company by atending their AUM. Ask them questions.

​ and now spreading rumours like what the TA people are doing to short good companies based on indicators.

 

Wondering when we are going to see ah boys to men 5, 6, 7, 8......

 

Yes. Part of their core business.

genting^2      ( Date: 18-Aug-2017 09:20) Posted: You have forgotten they make productions for Astro and Starhub too. Concerts leh. one night turn over at least a million dollars.

 

You have forgotten they make productions for Astro and Starhub too. Concerts leh. one night turn over at least a million dollars.

 

" mm2 Asia Ltd. is an investment holding company. The Company is a producer of films, television and online content. Its segments include Core business, Post-production and Cinema operation. The Core business segment is engaged in production and distribution of motion picture, video and television program and sponsorship, and comprises income related to sale of rights, producer fee income and consultancy fee income income related to the box office receipts of the movies released and exploitation of the script and sequel rights of the movie via licensing agreements, and income related to sponsorships associated with the production of films. The Post-production segment comprises three dimensional (3D) stereoscopic animation, 3D animation and visual effects for films and commercials, which are related to motion picture, video and television program post-production activities. The Cinema operation segment includes sales of cinema ticket and concession, hall renting and screen advertising."

Not sure where does " This company' s fundamental business is to make acquisitions." come from ? 

lifeisgood      ( Date: 18-Aug-2017 09:10) Posted: Yes and no. This company' s fundamental business is to make acquisitions. Got acquisition, got business. No acquisition, no business ... F1nGolf      ( Date: 18-Aug-2017 09:07) Posted: Despite the failure to acquire 50% of GV cinema chain, has MM2 Asia fundmentals change significantly?

 

Yes and no. This company' s fundamental business is to make acquisitions. Got acquisition, got business. No acquisition, no business ...

F1nGolf      ( Date: 18-Aug-2017 09:07) Posted: Despite the failure to acquire 50% of GV cinema chain, has MM2 Asia fundmentals change significantly?

 

Despite the failure to acquire 50% of GV cinema chain, has MM2 Asia fundmentals change significantly?