The last time I talked about Micro-Mech was in Apr 2013. Back then we are only seeing the initial fruits of their labor in investing in automation in the face of rising man power costs. I didn’t make a move to invest in this, and since then, its business have been improving. Its share price have improved from 46 cents to as high as 80 cents. Outstanding Number of shares: 139 mil Share price: $0.67 Dividend per share: $0.03 normal + $0.02 special div (7.4%) Here is their results announcement.

Cash Flow Analysis

This would be a rather short analysis (unlike the usual long winded stuff I post). I managed to clobbered together Micro-Mech results from 2007 to now, which is 9 years. If you look at its revenue, there were 2 periods of notable decline. That is in 2009 (GFC) and the ......