MM2 is currently on the rise with more buyers flocking in since morning. The stock experienced a surge of buyers after lunch and my student is currently in the profits. MM2 had a target price given by DBS Research Group of $0.75 and currently it's trading at 0.485. Click the below link to read.
https://www.theedgesingapore.com/mm2-asia-kept-buy-strong-earnings-growth-expected-continue
Their results were also not bad as it had a 54% rise on 3Q. It seemed as though there is still upside but in the short term, I expect some fluctuations first before higher price can be seen.
https://www.theedgesingapore.com/mm2-asia-reports-52-rise-3q-earnings-64-mil-issues-48-mil-debt-finance-cinema-ops
Ronald K - Market Psychologist - A Stock Market Opportunist
