Micro-Mechanics (Holdings)

[¯|_(ツ)_/¯]

MM@180cents

FY25 Result was released on 28 Aug 2025 (link)

Rev +12%
GPM +18%
NPM +54%

Final div: 3cents


Credit: TheFatInvestor.blog (link to blog)

Key points in the blog:
1. MMUS had reversed the loss and made a full year profit of $1.2m
2. MM decentralised factories could benefits from ongoing geopolitical tension.
3. Responding to a question about their Suzhou factory, CEO Kyle noted that China’s inward turn has increased domestic demand, but he also acknowledged that the China market is one of the most competitive.
Despite this, MMH is not currently seeing any behavioural shifts from its customers.
He believes customers are still drawn to MMH, even though it may not be the cheapest option, because the company is able to supply them with consistently high-quality products and services in a timely manner.

Enjoy:


Gratitude!

[¯|_(ツ)_/¯]

MMH@182cents

There are a lot of semi-conductor related news in Singapore and MM remained range bound despite it's recently released glaring results.

I chanced upon an interview of new CEO Kyle by The fifth person and thought that they had asked a few great questions on the future of MMH that value buddies might wanted to take notes.

Anyway, I wanted to highlight that The fifth person view is grossly tinted as it's Co-founder Victor Chng is 100% biased on MMH.  

Enjoy:


Gratitude!