mm2 Asia

[traderly]

saw this tech analysis from another forum - strong buy?

[traderly]

new high of 625! +250% from IPO

[traderly]

SGX
PROPOSED ISSUE OF UP TO S$2,875,000 IN AGGREGATE PRINCIPAL AMOUNT OF
CONVERTIBLE NOTES DUE 30 JUNE 2017 TO PHILLIP ASIA PACIFIC OPPORTUNITY FUND LTD.
– RECEIPT OF THE LISTING AND QUOTATION NOTICE FROM THE SINGAPORE EXCHANGE
SECURITIES TRADING LIMITED (“SGX-ST”)

[traderly]

Announced

http://infopub.sgx.com/Apps?A=COW_CorpAn...493545ceee

[traderly]

MM2 ASIA INVITES SHAREHOLDERS TO
CELEBRATE SG50 WITH SPECIAL SCREENING OF “7 LETTERS”
SINGAPORE

[url=http://infopub.sgx.com/FileOpen/mm2%20%20-%20Media%20Release%20-%20Special%20Screening%20for%207%20Letters.ashx?App=Announcement&FileID=363442
]http://infopub.sgx.com/FileOpen/mm2%20%20-%20Media%20Release%20-%20Special%20Screening%20for%207%20Letters.ashx?App=Announcement&FileID=363442
[/url]

[zquan]

How many lots must one have to get this free movie ticket ?

[traderly]

Cathay terms announced

http://www.businesstimes.com.sg/companie...n-malaysia

http://www.businesstimes.com.sg/stocks/s...s-wheelock

[traderly]

TERM SHEET IN RELATION TO THE PROPOSED ACQUISITION OF BUSINESS OF MEGA CINEMAS MANAGEMENT SDN BHD 

MM2 buying
(a) Lots 4-07, 4-07[A], and part of Lot 4-06 Tingkat 4, Megamal Pinang, No. 2828, Jalan Baru, Bandar Perai Jaya, 13600 Seberang Jaya, Pinang (“Mega Cineplex Prai”); (b) Level 10 Langkawi Parade Pokok Asam, Kuah 07000 Langkawi, Kedah Darul Aman (“Mega Cineplex Langkawi”); and © F-1, 1 Persiaran Dagangan, Pusat Bandar Bertam Perdana, 13200 Kepala (“Mega Cineplex Bertam”).

[traderly]

http://www.mm2asia.com/component/k2/dbs-...-asia.html
download dbs report

Equity Explorer (non-rated note) was originally published on the Singapore Equity Explorer - mm2 Asia Report by DBS Group Research, Equity on October 6, 2015.

NOT RATED: S$0.665 (STI: 2,851.25)
Return *: 2
Risk: Moderate
Potential Target*: 12-month S$0.84 (27% upside)

Analyst
Ling Lee Keng

mm2 is an integrated movie producer, providing services over the entire filmmaking process. It generates revenue from 3 main sources – production, distribution and sponsorship. The group is riding on growing demand and support for local production, and is also gaining tractions in overseas market like China, Taiwan and HK.

To broaden its revenue stream, mm2 has recently acquired five cinemas in Malaysia. The ownership of cinemas will provide a source of recurring income to the group and cost savings in the longer term. We value the company at 18x on FY Mar17 EPS, a 30% discount to peers, given its much smaller size. Based on this, we arrive at a fair value of $0.84. The stock is currently trading 14x FY17PE.

[Reyes]

huat a~!

FATA both aim $0.84... Go GO GO MM2 Asia