Micro-Mechanics (Holdings)

[holymage]

ksir, second your comment.

Sent from my SM-G930F using Tapatalk

[ksir]

Hi,
I got no intention to corner anyone. Just thought that it is over-done. Invested in a company generally means that we like the company and likely also the management. But overdone it and it may become love and biased.

If chialc88 wrote those comments during the low price period I would have been more appreciative.

Anyway, i am just trying to tap on the euphoria and see if it is only 1 person or the masses. In general i do think that MMH is no longer cheap but I am still holding most of my shares. Selling just because the price is fair or abit high, is ineffective.

[chialc88]

To be deleted by moderator

[chialc88]

To be deleted by moderator

[smallcaps]

MM is mentioned in business times today:

http://www.businesstimes.com.sg/companie...-10-a-year

...

Two stocks highlighted by SGX at a recent public stock seminar, tourism play Straco Corporation and precision tool maker Micro-Mechanics, illustrate the potential rewards for those who get in early.

These two companies have consistently grown revenues through the years and generated solid free cash flows on high operating margins, thus qualifying as "quality" stocks in investment jargon. They have always been in strong net cash positions.

...

[smallcaps]

Again, MM mentioned in business times today:

http://www.singaporelawwatch.com.sg/slw/...li1vO.dpbs

Be open to ideas on addressing AGM clustering
...

In this regard, the practice of Micro-Mechanics, a small-cap company that is regularly lauded for its governance and transparency, is enlightening. The company announces its first-quarter results before its AGM. When I asked its CFO about this practice, his reply was: "Yes, it has been our practice to announce Q1 result on or before our AGM so that shareholders attending our AGM will be updated with the latest data of our business which are more relevant to their decision making. In FY2016, we announced the Q1 result in the morning of the same day of the AGM which was held in the afternoon. We find that it is a good practice in terms of transparency - timely reporting to the public."
At the FY2016 AGM, the CFO did talk about the FY2017 first-quarter results. How refreshing to find a small-cap company embracing quarterly reporting and being so progressive in its thinking on engaging shareholders at its AGM.

...

[smallcaps]

And again:

http://www.businesstimes.com.sg/companie...n-its-name

Giving precision its name

DEEP inside an industrial building in Kaki Bukit is a S$500,000 machine that is used just to drill microscopic holes in metal pieces - holes that even strands of hair are too large to go through.

...

[chialc88]

To be deleted by moderator

[Life is a game]

Who is B? So secretive lol

Sent from my SM-N9005 using Tapatalk

[chialc88]

To be deleted by moderator