MAINBOARD-LISTED film production company mm2 Asia's fourth quarter net profit fell 7.1 per cent to S$6.2 million, from S$6.7 million in the same period last year.

AS AT Thursday's closing, mm2 Asia's share price had shed 27 per cent since our downgrade to "hold", after the release of its Q3 results in February. We now see value emerging.

MAINBOARD-LISTED film production company mm2 Asia’s net profit fell 7.1 per cent to S$6.2 million for the fourth quarter ended March 31, from S$6.7 million in the previous year.

MAYBANK Kim Eng has downgraded its recommendation of mm2 Asia to "hold" as optimism over the performance of mm2-produced movie More Than Blue and another tie up with Fox Networks Group...

We maintain our forecasts for mm2 Asia with a 1 times PEG (price-to-earnings growth)-based target price of S$0.57 and "buy" as management has indicated continued improvements in its...

THE following companies saw new developments which may affect trading of their shares on Thursday:

MAINBOARD-LISTED mm2 Asia saw net profit for its second fiscal quarter fall 17.7 per cent on higher finance expenses, including the one-off unwinding interest on the deferred purchase...

TOPLINE

MAINBOARD-listed mm2 Asia has a cinematic vision. The local movie producer bought Cathay Cineplexes' Singapore theatre chain last November and it doesn't plan to stop there....

HOCK LOCK SIEW

SHARES of local movie producer mm2 Asia have marched south ever since it failed in an attempt to buy 50 per cent of Golden Village's Singapore cinema business and acquired Cathay Cineplexes...

THE following companies saw new developments which may affect trading of their shares on Thursday: