Homepage
PR Newswire
MMH@225
@k
Thanks for your kind sharing all these years.
Actually a lot of MM share holders sold out when it reaches about $1.75 to $2. Again, based on my gauge, their entry point likely would be $0.6 to $0.75.
To me, selling at more than 100% profit is considered as something marvelous aka super lucky liao
From my trading diary, I recalled the few days that MMH shoot up to $4.
It was an exciting morning, sometime in late Jan 2021 and I was having my usual breakfast set at Kopitiam.... but that day, my breakfast was so so so hectic.
I was busy punching in sell orders.
Just one morning and 25% of my MMH was sold... the volume is a record high for MMH.
Back to Mr Koh, I never met him in AGM (we met in a cafe) and I'm not sure whether his was a shareholder of MMH.
However, I had a story to tell on Yeoman (which incidentally was discussed recently here
Ok, by now, valuebuddies would already know that I had been reading your posts for acquisition target. This habit pays off very well as you had already help me to sieve out the needles from the haystack. I just need to take a look to make sure that they met my investment criteria before buying (and hold for long terms).
Ok, back to Yeoman.
Other than benefiting from reading valuebuddies posts, another source of acquisition target would be top 30 shareholders listing published in Annual Report.
I am aware of Yeoman and I am aware of it's founder too.
When I noticed that the founder name is in MMH annual report, I was like.... what happen? why lay?
I think when he noticed (found out from vb.com) that someone is asking these type of strange questions, he make sure that his name is wiped out of the next annual report.
Q1: Did he sold out?
Q2: Did he sold below the top shareholder statistics?
Q3: Did he transfer to a Citibank?
Q4: Did he transfer to his fund?
I think the answer for Q4 would be unlikely as these was his holdings aka not his funds portfolio.
I think Q3 is most likely the case and Q2 is possible and I think Q1 is less likely.
So, for your question on why MMH did not appears in the fund portfolio, there might be a possibility that it was his personal holdings too.
I would also like to clarify (so that vb don't get the opposite idea) that it was me who initiated the conversation on MMH with Mr Koh.
I just asked plainly for his view on MMH and instead of telling me his view, he was asking questions on MMH ... like what they do, why you like them and any risks blar blar blar.
At the end, he just nod and simply says sounds ok (something like that... you know... not a open endorsement but just did not says it's a bad company).
Also, I just wanted to add that my MMH stocks ideas was actually from Dom. His exceptionally clear way of introducing MMH (strength, weakness, past and future merits) created a strong impression on me.
That's the reason why I choose MMH as a stock that I would like Mr Koh to advise.
Looking back at my trading records, I had nothing but gratitude to all
our valuebuddies.
Moving forward in another 20, 30 years, if I did not beat the index, so be it
- it's a investment journey that I enjoyed and I don't mind paying for the school fees.
Gratitude.
Enjoy a Golden hour:
@k
Thanks for your kind sharing all these years.
Actually a lot of MM share holders sold out when it reaches about $1.75 to $2. Again, based on my gauge, their entry point likely would be $0.6 to $0.75.
To me, selling at more than 100% profit is considered as something marvelous aka super lucky liao
From my trading diary, I recalled the few days that MMH shoot up to $4.
It was an exciting morning, sometime in late Jan 2021 and I was having my usual breakfast set at Kopitiam.... but that day, my breakfast was so so so hectic.
I was busy punching in sell orders.
Just one morning and 25% of my MMH was sold... the volume is a record high for MMH.
Back to Mr Koh, I never met him in AGM (we met in a cafe) and I'm not sure whether his was a shareholder of MMH.
However, I had a story to tell on Yeoman (which incidentally was discussed recently here
Ok, by now, valuebuddies would already know that I had been reading your posts for acquisition target. This habit pays off very well as you had already help me to sieve out the needles from the haystack. I just need to take a look to make sure that they met my investment criteria before buying (and hold for long terms).
Ok, back to Yeoman.
Other than benefiting from reading valuebuddies posts, another source of acquisition target would be top 30 shareholders listing published in Annual Report.
I am aware of Yeoman and I am aware of it's founder too.
When I noticed that the founder name is in MMH annual report, I was like.... what happen? why lay?
I think when he noticed (found out from vb.com) that someone is asking these type of strange questions, he make sure that his name is wiped out of the next annual report.
Q1: Did he sold out?
Q2: Did he sold below the top shareholder statistics?
Q3: Did he transfer to a Citibank?
Q4: Did he transfer to his fund?
I think the answer for Q4 would be unlikely as these was his holdings aka not his funds portfolio.
I think Q3 is most likely the case and Q2 is possible and I think Q1 is less likely.
So, for your question on why MMH did not appears in the fund portfolio, there might be a possibility that it was his personal holdings too.
I would also like to clarify (so that vb don't get the opposite idea) that it was me who initiated the conversation on MMH with Mr Koh.
I just asked plainly for his view on MMH and instead of telling me his view, he was asking questions on MMH ... like what they do, why you like them and any risks blar blar blar.
At the end, he just nod and simply says sounds ok (something like that... you know... not a open endorsement but just did not says it's a bad company).
Also, I just wanted to add that my MMH stocks ideas was actually from Dom. His exceptionally clear way of introducing MMH (strength, weakness, past and future merits) created a strong impression on me.
That's the reason why I choose MMH as a stock that I would like Mr Koh to advise.
Looking back at my trading records, I had nothing but gratitude to all
our valuebuddies.
Moving forward in another 20, 30 years, if I did not beat the index, so be it
- it's a investment journey that I enjoyed and I don't mind paying for the school fees.
Gratitude.
Enjoy a Golden hour:
