Tuesday, October 20, 2015

MM2 Asia - Singapore Uptrending Stock

Have been watching this uptrend stock for a long time, MM2 Asia recently break into a new high again. During August and September the chart turn red due to the weak market trend, After market recover from the correction, MM2 asia also pick up it speed and started moving higher. this is one of the few stock in STI that is moving on the consistent uptrend.

Just like Riverstone chart in 2014, will MM2 be the next Riverstone?
Business Summary
MM2 Asia Ltd. is a producer of movies and television/online content. The Company provides services that cover the filmmaking process, including securing financing, producing and distributing, as well as securing advertising and sponsorship. In addition to Singapore, it also has a presence in Malaysia, Hong Kong, Taiwan and the People's Republic of China through its group of companies and/or strategic working partnerships. Its segments include Production, Distribution and Sponsorship.