7 months ago, I did a piece on whether M1 and Starhub is a value opportunity or a value trap.

Back then the price is trading at $1.90. Today, we are not so far off.

Had you purchase M1, you would have gotten some good gains. That is, before the recent results were published.

Was my thesis wrong?

My thesis has always been fundamental and that thesis changes as more information is revealed and the environment changes.

This piece is about my reflection on what I see in the first quarter results. Subsequently after the announcement, M1 share price gapped down. I am struggling to see where is the strong double bottom my friend B talked about. If you manage to spot it do let me know.

I only see a huge gap that will be quite a challenge to fill up.

The valuation at this point is not ...