MM2 Asia    Last:0.003   -

MM2 Asia [1B0.si]

Yes, I know nothing about this coy. And if you know anything more substantial, why dun you say something other than just target prices.

WSJ.Shares      ( Date: 21-Jun-2017 17:03) Posted: seems like u know nothing about this company, lols.... I' ll still aming to buy below $0.5, and target $0.85 with share 3rd split outlook :) sbscap      ( Date: 21-Jun-2017 15:17) Posted: I have been missing the show. Cash flow from operating activities for MM2 has been negative for most years except FY2017 (ending March). Trading at 48x historic and 23x FY2018 seems very rich for tiny companies like this. IPO of UnUsual is a red-flag to me although I' m not keen to explore why this was done. Why sell something if it is good? And if it is not good, why MM2 is still keeping 50%? Placement of (new)shares - need money to  buy real stuff(s)? Too many questions. Finally, I generally don' t enjoy NS-type shows and will not watch even if you pay me. Good luck for those buying.

 

But i doubt you can see 0.4x again unless they really going for split again... Those major shareholders make tons of money in paper value...

 

seems like u know nothing about this company, lols.... I' ll still aming to buy below $0.5, and target $0.85 with share 3rd split outlook :)

sbscap      ( Date: 21-Jun-2017 15:17) Posted: I have been missing the show. Cash flow from operating activities for MM2 has been negative for most years except FY2017 (ending March). Trading at 48x historic and 23x FY2018 seems very rich for tiny companies like this. IPO of UnUsual is a red-flag to me although I' m not keen to explore why this was done. Why sell something if it is good? And if it is not good, why MM2 is still keeping 50%? Placement of (new)shares - need money to  buy real stuff(s)? Too many questions. Finally, I generally don' t enjoy NS-type shows and will not watch even if you pay me. Good luck for those buying.

 

Recent placement price at 57 cents. See whether can hold or not. 

sbscap      ( Date: 21-Jun-2017 15:32) Posted: Technically, MM2 looks weak. If the stock price doesn' t rally above 60c (difficult since the placement was 57 or 58c), then it may complete the head and shoulder formation and heads toward 54 or lower.

 

Technically, MM2 looks weak. If the stock price doesn' t rally above 60c (difficult since the placement was 57 or 58c), then it may complete the head and shoulder formation and heads toward 54 or lower.

 

I have been missing the show. Cash flow from operating activities for MM2 has been negative for most years except FY2017 (ending March). Trading at 48x historic and 23x FY2018 seems very rich for tiny companies like this. IPO of UnUsual is a red-flag to me although I' m not keen to explore why this was done. Why sell something if it is good? And if it is not good, why MM2 is still keeping 50%? Placement of (new)shares - need money to  buy real stuff(s)? Too many questions. Finally, I generally don' t enjoy NS-type shows and will not watch even if you pay me. Good luck for those buying.

 

Sorry, brewing what? Please elaborate if you can. Thanks.

rayoflight      ( Date: 21-Jun-2017 13:09) Posted: Brewing liao.. Dont miss

 

Brewing liao..

Dont miss
 

 

My target 0.45 - 0.48 

 

lolss I have already chosen. Not at this price anyway.

WSJ.Shares      ( Date: 17-Jun-2017 02:38) Posted: lols, u can choose not to Buy... btw, if you are invested already got 2 fold profit :) lifeisgood      ( Date: 16-Jun-2017 21:38) Posted: This company has to keep making acquisitions in order to show profits, but you dont really see the cash coming in. It is kind of hollow empty feeling. It subsidiary Unusual also attempting to chart the same course. As there are more and more shares out there, it becomes harder and harder for the chng kays to manage, these loose shares will eventually cause the stock to tumble. For now, the growth by acqusition momentum must keep humming, if not, die liao..

 

lols, u can choose not to Buy... btw, if you are invested already got 2 fold profit :)

lifeisgood      ( Date: 16-Jun-2017 21:38) Posted: This company has to keep making acquisitions in order to show profits, but you dont really see the cash coming in. It is kind of hollow empty feeling. It subsidiary Unusual also attempting to chart the same course. As there are more and more shares out there, it becomes harder and harder for the chng kays to manage, these loose shares will eventually cause the stock to tumble. For now, the growth by acqusition momentum must keep humming, if not, die liao... halleluyah      ( Date: 16-Jun-2017 17:50) Posted: becoming more diluted now...2 times split n placement...

 

This company has to keep making acquisitions in order to show profits, but you dont really see the cash coming in. It is kind of hollow empty feeling. It subsidiary Unusual also attempting to chart the same course.

As there are more and more shares out there, it becomes harder and harder for the chng kays to manage, these loose shares will eventually cause the stock to tumble. For now, the growth by acqusition momentum must keep humming, if not, die liao...

halleluyah      ( Date: 16-Jun-2017 17:50) Posted: becoming more diluted now...2 times split n placement.... lovetoshare      ( Date: 16-Jun-2017 17:24) Posted: Yes.... this is no a good company anymore always ask for money but where is all the cash now? they said cash rich company????  Why keep asking public for money Stupid then buy at 0.50cents short now can win money faster!

 

becoming more diluted now...2 times split n placement....

lovetoshare      ( Date: 16-Jun-2017 17:24) Posted: Yes.... this is no a good company anymore always ask for money but where is all the cash now? they said cash rich company????  Why keep asking public for money Stupid then buy at 0.50cents short now can win money faster!    lifeisgood      ( Date: 15-Jun-2017 10:14) Posted: Nowadays it irks me stock broking firms use cute, funny, eye catching headers in their research reports. For more seasoned investors, this looks like shitty, non serious work. It is like playing with your money, very irresponsible. For younger readers who check their news on Facebook and other social media, they look like more acceptable, alluring. ie, this sort of bloody idiotic headers are meant to catch the GREENHORNS ! Watch out.

 

Yes.... this is no a good company anymore
always ask for money but where is all the cash now?
they said cash rich company???? 

Why keep asking public for money

Stupid then buy at 0.50cents

short now can win money faster! 
 

lifeisgood      ( Date: 15-Jun-2017 10:14) Posted: Nowadays it irks me stock broking firms use cute, funny, eye catching headers in their research reports. For more seasoned investors, this looks like shitty, non serious work. It is like playing with your money, very irresponsible. For younger readers who check their news on Facebook and other social media, they look like more acceptable, alluring. ie, this sort of bloody idiotic headers are meant to catch the GREENHORNS ! Watch out.  Upz123      ( Date: 15-Jun-2017 10:11) Posted: One stocking firm has classified it as a GOLD CLASS acquisition for the 50% stake  of GV cinema biz.  Share price has been going south iso nort

 

Nowadays it irks me stock broking firms use cute, funny, eye catching headers in their research reports.

For more seasoned investors, this looks like shitty, non serious work. It is like playing with your money, very irresponsible. For younger readers who check their news on Facebook and other social media, they look like more acceptable, alluring. ie, this sort of bloody idiotic headers are meant to catch the GREENHORNS ! Watch out. 

Upz123      ( Date: 15-Jun-2017 10:11) Posted: One stocking firm has classified it as a GOLD CLASS acquisition for the 50% stake  of GV cinema biz.  Share price has been going south iso north lifeisgood      ( Date: 15-Jun-2017 10:00) Posted: Furthermore, I dont think there is so much support from the main shareholders.  If people thought that some SSH, or invisible hands are supporting at 585, 59, then they should question: how many shares will they support at this price? Why not take up all the placement themselves? If they love the stock at this price so much, why make placement out at this price? I think company needs to preserve cash, thats why they are selling shares at current price. Food for thought.

 

One stocking firm has classified it as a GOLD CLASS acquisition for the 50% stake  of GV cinema biz.  Share price has been going south iso north

lifeisgood      ( Date: 15-Jun-2017 10:00) Posted: Furthermore, I dont think there is so much support from the main shareholders.  If people thought that some SSH, or invisible hands are supporting at 585, 59, then they should question: how many shares will they support at this price? Why not take up all the placement themselves? If they love the stock at this price so much, why make placement out at this price? I think company needs to preserve cash, thats why they are selling shares at current price. Food for thought.

 

Furthermore, I dont think there is so much support from the main shareholders. 

If people thought that some SSH, or invisible hands are supporting at 585, 59, then they should question: how many shares will they support at this price? Why not take up all the placement themselves?

If they love the stock at this price so much, why make placement out at this price? I think company needs to preserve cash, thats why they are selling shares at current price. Food for thought. 

 

This stock is the " no acquisition, no growth" type.

Since it has generated so much interest and high share price using an acquisition strategy, it has to keep doing acquisition to keep the story alive. Once it stops, people will lose interest.

The problem with such a strategy is that it MUST keep making acquisitions, even at an astronomically high cost, like the recent Goloden Village acquisition, at 10 times Malaysia cinemas cost. 

Shareholders will eventually pay for it.   More and more shares outstanding now.  

 

This one is a buy-and-hold stock. Bought at $0.615        Very high Volume today - 14 June

 

Surprise by the strong sell-down ..bought some back at 60.. 
think the GV announcement have not provided the impact yet ..
as long the financing for this deal is not too expensive , the longer term and cash flow is good..

those that sold on news   likely cause the big drop .. should get a valuation update on this again ..
Think they should get to mainboard soon , they qualify easily ..

good luck ..should be back to 64 after all this selling ..just my opinion ..
 

Blue-sky      ( Date: 01-Jun-2017 16:10) Posted: Looks like some announcement coming ...Mainboard or new acquisition ?  will reduce some if big run set in.. not inducement to follow.. should hv more to come   but i am taking opportunity to reduce some only  645 looks possible   ... Blue-sky      ( Date: 24-May-2017 12:46) Posted: If it stay ariund this level is ok i think. Let the short-term buyers get out first . Once short term buyers out , the next journey will start . Agreed it will need some settling time . As expected the results are good , so will need houses to revalue the stock. PE will drop drastically , and the impact of the new collaborations .. if you joining the next trip , you will need to wait patiently . this train is stopping for re-fuelling only  My humble opinion.