mm2 Asia

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#31
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.
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#32
Vested earlier around 

http://infopub.sgx.com/Apps?A=COW_CorpAnnouncement_Content& B=AnnouncementLast3MonthsSecurity& F=FUXTG9HHYCB7G05X& H=017a101af90151c070df0ab4662c8a318ae764c4a1a3bec457008d96a86c236e 

MM2 ASIA's 1H2016 NET PROFIT ROSE 24% TO S$4.5 MILLION 

1. Revenue increased by an impressive 31% in 1H2016 largely due to the completion of half of the movie projects for this fiscal year
2. Acquisition of cinema business is expected to start contributing to the Group&rsquo s financial performance in second half of FY2016  
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#33
http://www.tnp.sg/news/singapore-news/ja...e=Facebook

More cohesion money to be wasted.
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#34
new high today because of this?
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#35
RHB Fund collecting
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#36
MM2 share split - cheaper prices
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#37
Mm2 Asia sells shares to three investors to raise $5 mil   Smile

Local filmmaker Mm2 Asia said today that it plans to place out new shares to three investors to raise $5 million.

It will sell 6.35 million shares at 78.72 cents a share to Hesheng Media, Apex Capital Group and Maxi-Harvest Group. Hesheng will take 1.27 million shares, and others will take approximately 2.5 million shares each.
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#38
SINGAPORE (Dec 8): mm2 Asia has signed an MOU with Hesheng Media Co, one of the largest integrated media companies in China, to strengthen cooperation between the two companies.
Under the MOU, mm2 Asia and Hesheng Media Group will co-produce movies, dramas and reality shows, as well as digital media content for the international market.
Hesheng Media will also invest up to US$5 million ($7.1 million) in the above mentioned projects with mm2 Asia providing IPs and production expertise.
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#39
Congrats if vested.. 87 today
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#40
Acquisition of tech startup
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