Shares & Derivatives
MTQ – Analysis of 1H FY 2011 Financial Statements
By Musicwhiz  •  November 19, 2010
For MTQ, which releases its financial statements only half-yearly and not quarterly, it is important for me to review them each time they are published, as the next chance will only come six months later. The Company will publish a newsletter around this time to update shareholders of material developments within the Group, and also to provide a summary of key financials. I had enquired before on the frequency of this newsletter and was told it would only be printed once a year to supplement the half-yearly results, and to provide updates which would otherwise not be available through SGXNet (or rather, considered not materially important enough to warrant an SGXNet disclosure). So here we are again staring at the latest set of results from MTQ, for the period ended September 30, 2010 (which I will refer to as “1H FY 2011” from now on). I shall NOT be ......
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By Musicwhiz
Musicwhiz who is in his 30s is educated in accounting and works in the investment line (but not in a bank, financial institution, brokerage or fund house). He has a have a full-time job and investing is his side-line as well as passion. Musicwhiz is a value investor and his technique is derived from the teachings of Warren Buffett, Benjamin Graham and Phil Fisher. He incorporate all aspects of their investing style, and modify his value investing style to the Singapore market.
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