Market perceptions may be affecting MMG's stock price despite its profitability. An 11% return for shareholders might hint at a company turnaround, but a 5-year annualised TSR loss of 6% per year is worrisome.
Despite leveraging debt for higher returns, MMG's low ROE is deemed unsatisfactory and risky. Investors are advised to tread carefully considering potential difficulties the company may face in borrowing.
$MMG (01208.HK)$ Inflation and commodity in play. This can be one of the candidates Position open @ 3.57 HKD on 07-Apr 2022 Update 14.04.2022 : Now price is at HKD4.00
An exchange-traded fund designed to track the price performance of Bitcoin or other major crypto, allowing investors to participate in the market without directly purchasing the assets.Displayed third-party logos, brands, or trademark images on screens or web pages are only for identification purposes and remain the property of their respective owners. Information is provided by Futu and is a non-exhaustive list of all thematic stocks for reference purposes only.
This section presents the top 5 stocks in HK Crypto ETF, ranked from highest to lowest based on real-time market data. An exchange-traded fund designed to track the price performance of Bitcoin or other major crypto, allowing investors to participate in the market without directly purchasing the assets.Displayed third-party logos, brands, or trademark images on screens or web pages are only for identification purposes and remain the property of their respective owners. Information is provided by Futu and is a non-exhaustive list of all thematic stocks for reference purposes only.
This section presents the top 5 stocks in HK Crypto ETF, ranked from highest to lowest based on real-time market data.
MMG Stock Forum
Policymakers plan to increase gold inventory facilities and accelerate the development of related businesses, such as trading, insurance and logistics, according to Chan. The city’s government will also expand gold-related derivatives trading to satisfy mortgage and hedging needs.
$CHOW TAI FOOK JEWE (CJEWY.US)$ $CHOW TAI FOOK (01929.HK)$ $CHOW SANG SANG (00116.HK)$ $ZIJIN MINING (02899.HK)$ $MMG (01208.HK)$ $CHINAHONGQIAO (01378.HK)$ $CHINA TOWER (00788.HK)$ $Golden Minerals (AUMN.US)$ $DB GOLD DOUBLE LONG EXCH TRADED NOTES (DGP.US)$
For resource stocks, $CHALCO (02600.HK)$ declined 3.6%, while $GANFENGLITHIUM (01772.HK)$ and $TIANQI LITHIUM (09696.HK)$ crumple...
DBS: Regional Metal - Alpha Edge Investing
$CMOC Group Limited (603993.SH)$ $Zijin Mining Group (601899.SH)$ $Aluminum Corporation Of China (601600.SH)$ $CMOC (03993.HK)$ $ZIJIN MINING (02899.HK)$ $CHALCO (02600.HK)$ $ZHAOJIN MINING (01818.HK)$ $GANFENGLITHIUM (01772.HK)$ $CHINAHONGQIAO (01378.HK)$ $MMG (01208.HK)$ $JIANGXI COPPER (00358.HK)$ $Ganfeng Lithium Group (002460.SZ)$
DBS: Metal/Steel/EV battery Updates (17 Jan): Iron ore price retreated from its recent peak - Alpha Edge Investing
$CMOC Group Limited (603993.SH)$ $Zijin Mining Group (601899.SH)$ $Aluminum Corporation Of China (601600.SH)$ $CMOC (03993.HK)$ $ZIJIN MINING (02899.HK)$ $CHALCO (02600.HK)$ $ZHAOJIN MINING (01818.HK)$ $GANFENGLITHIUM (01772.HK)$ $CHINAHONGQIAO (01378.HK)$ $MMG (01208.HK)$ $JIANGXI COPPER (00358.HK)$ $Ganfeng Lithium Group (002460.SZ)$
DBS: Regional Metal - Alpha Edge Investing
$Ganfeng Lithium Group (002460.SZ)$ $JIANGXI COPPER (00358.HK)$ $MMG (01208.HK)$ $CHINAHONGQIAO (01378.HK)$ $GANFENGLITHIUM (01772.HK)$ $ZHAOJIN MINING (01818.HK)$ $CHALCO (02600.HK)$ $ZIJIN MINING (02899.HK)$ $CMOC (03993.HK)$ $Aluminum Corporation Of China (601600.SH)$ $Zijin Mining Group (601899.SH)$ $CMOC Group Limited (603993.SH)$
Inflation and commodity in play. This can be one of the candidates
Position open @ 3.57 HKD on 07-Apr 2022
Update 14.04.2022 : Now price is at HKD4.00
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