{"id":5382,"date":"2018-12-12T07:00:53","date_gmt":"2018-12-11T23:00:53","guid":{"rendered":"https:\/\/www.smallcapasia.com\/?p=5382"},"modified":"2018-12-11T19:24:42","modified_gmt":"2018-12-11T11:24:42","slug":"3-interesting-stocks-watch-past-week","status":"publish","type":"post","link":"https:\/\/www.smallcapasia.com\/zh-hans\/3-interesting-stocks-watch-past-week\/","title":{"rendered":"3 Interesting Stocks to Watch During the Past Week"},"content":{"rendered":"

With\u00a0over\u00a0700+ stocks listed in SGX, it\u2019s not easy to keep\u00a0tab\u00a0of\u00a0all the on-going developments\u00a0such as\u00a0Share buybacks<\/em>,\u00a0Acquisitions<\/em>,\u00a0Quarterly Results<\/em>\u00a0and much more.<\/p>\n

Moreover,\u00a0these announcements can sometimes bring about a huge impact to the company\u2019s future course of action. Stock investors who are\u00a0\u201cin the know\u201d\u00a0may be\u00a0better equipped to\u00a0perform the necessary due diligence or even\u00a0re-visit the investment thesis if necessary.<\/p>\n

With these in mind,\u00a0we\u00a0take a look\u00a0at\u00a03\u00a0companies with\u00a0some\u00a0interesting developments or news\u00a0over the past 2 weeks.<\/p>\n

1. Investment by Fox Networks a vote of confidence in MM2 Asia<\/h2>\n

\"\"<\/a><\/p>\n

mm2 Entertainment, a subsidiary of mm2 Asia<\/strong>, is a media entertainment and content company involved in:<\/span><\/p>\n

    \n
  1. Production and distribution of film, TV and online content<\/span><\/li>\n
  2. Post-production, <\/span><\/li>\n
  3. Cinema operation<\/span><\/li>\n<\/ol>\n

    For your information, MM2 Asia Limited is the first local film production company to be listed on SGX-ST Mainboard. Since the acquisition of Cathay Cineplexes in Singapore in November 2017, MM2 Asia is the only exhibitor operating cinemas in both Singapore and Malaysia, with a total of 206 screens across 27 locations. <\/span><\/p>\n

    On 7th December, FOX Networks Group Asia flagship Chinese movies channel, SCM <\/span>announced<\/span><\/a> that they will invest and co-produce a slate of four feature films developed by mm2 Entertainment. <\/span><\/p>\n

    Two of these movies, Shadows and Scared To Death, will be shot in Hong Kong,\u00a0<\/span>while the other two, Number One and The Fatekeepers, will be shot in Singapore and Malaysia. This collaboration will further leverage on the two companies\u2019 respective strengths on the creative development and distribution of the four films.<\/span><\/p>\n

    Chief Content Officer of mm2 Entertainment, Mr Ng Say Yong is upbeat about the agreement and said: <\/span><\/p>\n

    \u201cWe\u2019re very pleased with FNG\u2019s investment in the development of this slate of<\/span>
    \n<\/span>movies. Their regional presence and expertise have helped shape the creative and commercial texture of these films, to ensure their reach to audiences beyond Singapore.\u201d<\/span><\/p><\/blockquote>\n

    mm2 Entertainment had involved in co-producing the Taiwanese romance More than Blue, directed by Gavin Lin. It was debuted at the Open Cinema section of the 2018 Busan International Film Festival.<\/span><\/p>\n

    MM2 Asia Limited last changed hands at $0.35 on 7 December. At that price, it is valued at 15.34 times trailing earnings. mm2 Asia did not offer any dividend. <\/span><\/p>\n

    2. Japan Foods’<\/strong>\u00a0Franchise Partnership with Minor Group.<\/span><\/h2>\n

    \"\"<\/a><\/p>\n

    Established since 1997, Japan Foods Holding Limited is one of the leading F&B groups in Singapore specialising in quality and authentic Japanese cuisine. In Singapore, Japan Foods operates a chain of more than 40 restaurants serving authentic Japanese fare under various franchise as well as self-developed brands, which includes:<\/span><\/p>\n