I bought Micro-Mechanics for 15,000 shares at a share price of 86 cents back in Oct 2016 on the thesis of semi-conductor sector rebound and heading back into the upcycle momentum. The semi-conductor sector is cyclical in nature so it pays off big time if you can predict the bottoming and rebounding of the cycle. The same suffering goes if the prediction is wrong the other way round. The semi-conductor sector has recently pushed up many of the semi-conductor companies in the local market. Companies like UMS, Global Testing, AEM and Micro-Mechanics have benefited from these "euphoria" in the market. Often, we hear about news coming out from demand from China or US breaking new records, but we are not so sure if this would translates back into demand for the local companies. For the purpose of this article, I'm going to zoom down into the financial analysis for Micro-Mechanics. ...