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Re: makinezmoney post# 1032

Tuesday, 03/12/2019 8:51:47 PM

Tuesday, March 12, 2019 8:51:47 PM

Post# of 1138
I just know that it is ..and has been undervalued. Others would disagree and I understand why. Share ownership by insiders is at a rough 80% based on 10 Billion outstanding(yes Billion). Refer:

http://www.mmc.mn/uploads/eMMC(Monthly%20Return%202-2019).pdf

http://www.mmc.mn/uploads/e_00975ann-20180814.pdf

The basic and diluted earnings per share attributable to the equity shareholders of the Company amounted to USD0.29 cents for the six months ended 30 June 2018, compared to the basic and diluted earnings per share of USD3.25 cents for the six months ended 30 June 2017.

Yes...earnings per share are fifteen times the current ADR price for the first six Months. The previous amount of USD3.25 is reflected by the reorganization gain. A good study would be to look back late summer of 2016 and go from there. I made a killing.

Also....study Tavan Tolgoi .. and never buy this over two cents per share. It tends to be dead money...and quite static on the ADR side. Hong Kong will show wild swings and you can just sit back after a good entry and watch it play over night with a good stiff drink in your hand(unless you are playing HK market). Everything plays from HK...always

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