06-02-2021, 10:23 AM
(This post was last modified: 06-02-2021, 10:27 AM by ¯|_(ツ)_/¯.
Edit Reason: FRS
)
MM - a 10 baggers
Good morning, valuebuddies.
Waking up to another cooling day, I couldn't help myself from overwhelmed by my appreciation to Don.
MM to many people may not be a 10 baggers but definitely a mult-baggers.
Yesterday, Don wrote about MM which is his first 10 baggers and I wish him more luck in picking multi baggers and hopefully a 100 baggers too.
Although MM is not a 10 baggers to me, but at $4 it's almost a 8 baggers and I only have Don - to thank for.
My MM investment journey actually bud in a girly magazine which I was reading while waiting at my dentist.
It's a few pages introduction to MM which is a consumable business in Semicon Precision Engineering field.
What catches my attention was a mention of MM's equipment, after used for 10 years aka completely writeoff/depreciated, still functioning as new.
Being served customers in Semicon high tech industry, told me that there is something strange about MM.
A quick digging in vb.com shows that a few heavy weight valuebuddies is vested in MM. That to me means something as I'm relying on a successful "Follow-the-guru" formula.
Outside of vb.com, nobody was talking about MM (at that time, now is very different) - except Don.
Don is a pioneer in term of investing in MM.
Don wrote extensively on the investment merit of MM.
Of course, when I brought MM back in 2012, MM is already trading about it's book value aka MOS is not there but I agreed with Don's view point and decided to load up on MM.
There is no seller.
Everyday, I queue around 43cents and most of the day ended with nothing.
There is absolutely no transaction.
One day, I got very frustrated and I brought 1 lot at 48cents and the rest is history.
Some how (I still couldn't figure out), it triggered a Tsunami of sell orders in the next few days.
I just buy and max up my daily limit.
There is only one word to describe how I feel.... shiok!
Of course, yesterday, Don reported that he had sold off most of his MM (purchase using CPFIS).
His actual gain from MM could fund more than half of his FRS.
Congratulation and I do hope that he would be able to buy back MM at a later stage when he deemed is back to a worth holding business.
With such a happy mood, it's party time.
Do take out some of your profits and share with those people that you love.
Enjoy:
https://illdoitmyself.wordpress.com/2021/02/05/random/
亲爱的小孩
词:杨立德
小小的小孩 今天有没有哭
是否朋友都已经离去
留下了带不走的孤独
漂亮的小孩 今天有没有哭
是否弄脏了美丽的衣服
却找不到别人倾诉
聪明的小孩 今天有没有哭
是否遗失了心爱的礼物
在风中寻找从清晨到日暮
我亲爱的小孩 为什么你不让我看清楚
是否让风吹熄了蜡烛
在黑暗中独自漫步
亲爱的小孩 快快擦干你的泪珠
我愿意陪伴你走上回家的路
亲爱的小孩 今天有没有哭
是否朋友都已经离去
留下了带不走的孤独
亲爱的小孩 今天有没有哭
是否遗失了心爱的礼物
在风中寻找从清晨到日暮
I says that my investment journey is like the lost kids in the song.
I'm very grateful that all the valuebuddies who had been helping me in the growing journey.
As I said, you may not realised it, but I had been a net beneficiary of your kindness,
of your kind sharing.
Gratitude and thank you Don for such a fantastic catch.
Stay home and stay healthy, valuebuddies.
Good morning, valuebuddies.
Waking up to another cooling day, I couldn't help myself from overwhelmed by my appreciation to Don.
MM to many people may not be a 10 baggers but definitely a mult-baggers.
Yesterday, Don wrote about MM which is his first 10 baggers and I wish him more luck in picking multi baggers and hopefully a 100 baggers too.
Although MM is not a 10 baggers to me, but at $4 it's almost a 8 baggers and I only have Don - to thank for.
My MM investment journey actually bud in a girly magazine which I was reading while waiting at my dentist.
It's a few pages introduction to MM which is a consumable business in Semicon Precision Engineering field.
What catches my attention was a mention of MM's equipment, after used for 10 years aka completely writeoff/depreciated, still functioning as new.
Being served customers in Semicon high tech industry, told me that there is something strange about MM.
A quick digging in vb.com shows that a few heavy weight valuebuddies is vested in MM. That to me means something as I'm relying on a successful "Follow-the-guru" formula.
Outside of vb.com, nobody was talking about MM (at that time, now is very different) - except Don.
Don is a pioneer in term of investing in MM.
Don wrote extensively on the investment merit of MM.
Of course, when I brought MM back in 2012, MM is already trading about it's book value aka MOS is not there but I agreed with Don's view point and decided to load up on MM.
There is no seller.
Everyday, I queue around 43cents and most of the day ended with nothing.
There is absolutely no transaction.
One day, I got very frustrated and I brought 1 lot at 48cents and the rest is history.
Some how (I still couldn't figure out), it triggered a Tsunami of sell orders in the next few days.
I just buy and max up my daily limit.
There is only one word to describe how I feel.... shiok!
Of course, yesterday, Don reported that he had sold off most of his MM (purchase using CPFIS).
His actual gain from MM could fund more than half of his FRS.
Congratulation and I do hope that he would be able to buy back MM at a later stage when he deemed is back to a worth holding business.
With such a happy mood, it's party time.
Do take out some of your profits and share with those people that you love.
Enjoy:
https://illdoitmyself.wordpress.com/2021/02/05/random/
亲爱的小孩
词:杨立德
小小的小孩 今天有没有哭
是否朋友都已经离去
留下了带不走的孤独
漂亮的小孩 今天有没有哭
是否弄脏了美丽的衣服
却找不到别人倾诉
聪明的小孩 今天有没有哭
是否遗失了心爱的礼物
在风中寻找从清晨到日暮
我亲爱的小孩 为什么你不让我看清楚
是否让风吹熄了蜡烛
在黑暗中独自漫步
亲爱的小孩 快快擦干你的泪珠
我愿意陪伴你走上回家的路
亲爱的小孩 今天有没有哭
是否朋友都已经离去
留下了带不走的孤独
亲爱的小孩 今天有没有哭
是否遗失了心爱的礼物
在风中寻找从清晨到日暮
I says that my investment journey is like the lost kids in the song.
I'm very grateful that all the valuebuddies who had been helping me in the growing journey.
As I said, you may not realised it, but I had been a net beneficiary of your kindness,
of your kind sharing.
Gratitude and thank you Don for such a fantastic catch.
Stay home and stay healthy, valuebuddies.