A journey of thousand miles begins with a single step 千里之行,始于足下。

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mmm... the days are getting shorter...
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Rainbow 
MM@316
Good morning valuebuddies.
MM had increasingly attracted more valuebuddies attentions and the price is range bound roughly at 320.

Before I vested in MM, I did had a lot of concerns.
It's actually a very small company with its largest revenue coming from China.
It does not have any IP or patents under its belt.  It seems to have a strong material science R&D with A-STAR but nothing proprietary here.

It had also aggressively paid out cash as dividend to shareholder.
On one hand, shareholders should like it (because $$$ come), on the other hand, is this practice sustainable? (too good to be true).

Let's continue to monitor it's (business) performance.
Couldn't wait to see it's FY result.

Meanwhile, enjoy:


Gratitude.
Heart
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Rainbow 
Good morning, valuebuddies.
It's nice to wake up with the birds chirping in the wood.
Wish everyone a great and fruitful days ahead.

The questions on buying MM by-luck (lucky) was always in my mind.

When I read Don's yesterday post in VB.com - mentioning that he got lucky and brought MM, I was thinking - you ah lucky? Stand aside bah. I'm actually the one benefited from your (luck) aka I count myself even more lucky.  Tongue

Thank you Don, once again, extracted some of the tips I gathered from you that let me pull the trigger. 
Like you, as of today, MM is one of the 2 stocks I held in CPF since 2012.  Looking back, the price was at a sweet level of 40-50cents.  Big Grin
[Image: uc?id=1lrIGPvAwqrbcxiHbWUI3lgbVMlUojCYS]
https://drive.google.com/open?id=1lrIGPv...bVMlUojCYS

Gratitude.
Heart
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Rainbow 
Good morning valuebuddies,
What a fantastic feeling - able to wake up to another cool day.

Initially, I thought of extracting the initial blog post by Don.
But, on second thought, we will leave it for the time being.

MM no doubt is a good company - in many valuebuddies mind.
The only question is whether is it over-value?
If we buy it at current price, whether there is any MOS?

I recalled vividly about 10 years ago, when MM was trading at merely 40-50 cents, it's NTA was about 30+, PE at low 10+.

If any decent valuebuddies keen to buy MM, should take a look at today's price, PE and PB.

A quick check at Yahoo says that MM's PE is 25 and PB is 8.

[Image: uc?id=1UekFZ1J8ZjmVhQG2Eq1JMFBx14Ojklyy]

MM is definitely not cheap.
Since my first buy, MM is already not cheap.
Moving forward, let's see what happens.

I just take note of a wise man says: "Wealth is transfer from the impatient to the patient."
Cool


Gratitude.
Heart
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Rainbow 
Good morning, valuebuddies.
What a good feeling, waking up to a cool morning with song birds chirping happily in the woods.

Today is our National Day, a unique NDP - catered to C19 restrictions.

Today is the ceremonial parade and 21st Aug would be the celebration at floating platform.

Read the NDP theme and enjoy "The road ahead"


[Image: NDP-2021-theme-Together-Our-Singapore-Sp...-photo.jpg]

Gratitude.
Heart
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Rainbow 
Good evening, valuebuddies.
After watching PM Lee's speech, let's do more to make Singapore a better place together.

MM results on Saturday is good and let's wish team MM continue to have a strong tail winds.

Royton had just wrote about Semicon sales upgrade Third time today.
Of course, MM benefited in these upgrades too.

FYI, I'm rather happy that Royston had finally purchased MM shares.
Tracing back, seems like he brought during the dip from $4.  Likely entry price is about $3.1x.
Tongue

He did not get the 6cents dividend but sure gotten the 8cents declared 2 days ago.

Happy.  Now, we have another stocks in our portfolio.
I wonder whether he will take a look at Hai Leck too?  Heart

Anyway, capture MM's performance - first day after FY2021 announcement for record:

[Image: uc?id=1d0pFZIGle6uK-0sRfUb3z2Wxv6VJKKUv]
https://drive.google.com/open?id=1d0pFZI...Wxv6VJKKUv

Gratitude.
Heart

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Rainbow 
Another fantastic week ended and looking forward to another great week ahead for everyone.  Heart

With the new Border Measure, it's clear that Singapore is opening up for travelers (both business and leisure).
https://safetravel.ica.gov.sg/files/MOH_...Update.pdf

Enjoy:


Gratitude!
Heart
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Rainbow 
Good morning, valuebuddies.

Such a nice feeling waking up with birds chirping in the wood.

Enjoy:
[Image: charliechaplin1-2x.jpg]
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Rainbow 
Valuebuddies, good morning.

Another bright and sunny day had started.

I wish everyone a great weekend ahead.  Wink

Enjoy:


Gratitude, to all valuebuddies that helped me along the way of my investment journey.

Thank you very very much!
Heart
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Rainbow 
Hey Valuebuddies,
thank you for your kind sharing.

Looking forward to another great week ahead.

Enjoy:


Gratitude.
Heart
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Rainbow 
Valuebuddies, good morning.
Wish you another fruitful day ahead.



I chanced upon LiLu's interview and quickly take down some notes.
Investigative Journalist
Good analyst -> Good investor.

Gratitude.
Heart
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