RE: mm2 Asia
I am with GG/ CF.
My views remain the same, as per my earlier posts. The upsides are quite hard to comprehend. The challenge with film making and production lies in the sustainability of revenue streams. Also, the other very difficult hurdle is how do they promote the local theme films like "Ah boys to men" to other countries. its not easy. Not like Disney bringing little mermaid or aladdin to the rest of the world, including Singapore.
If anyone recalled "Attack on Titan" live action film in the cinemas, it was a hit in Japan. It had global reach, but Japan didn't have that many films like "Attack on Titan". Hollywood comes up many classics including Mission Impossible, The Intern and etc. And, there is always something new from Hollywood. For MM2 to hit that level, it will take time, if it does. Not very easy.
As a business, there are certain challenges. Still, I admire those with the guts to enter, though I was contemplating whether to enter at 30 cents at one time. At today's price, i'm definitely out.
PS: I prefer to go for more visible value. Not vested at all.
The thing I am scared most is not nightmares or market crashes..... Its my greed that I fear the most.
When people ask what is my target price, I never have any good answer for it because Philip Fisher said before (in Common Stock Uncommon Profit) that the best time to sell is never. Equity investment is buying into ownership, not betting slips.
The path to greatness and wealth is necessarily dangerous.... because greed is a fearsome fore that threatens your success at every step.