Investors who are searching for an under-the-radar company in Singapore can look no further than Micro-Mechanics (Holdings) Ltd (SGX: 5DD). The company is involved in the semiconductor industry and is also not extensively covered by brokers.
Here, let’s look at Micro-Mechanics in detail, including what its business is about, its financial highlights, future prospects, and the valuation. Micro-Mechanics is also featured as one of the 30 Singapore shares to watch in 2020.
TL;DR: Is Micro-Mechanics A Stock To Hold For The Long-Term?Some investment merits of Micro-Mechanics:
Presence of recurring revenue due to the consumables it sells No single direct competitor Strong competitive advantage Rock-solid balance sheet Consistent dividend payment High insider ownership Strong industry tailwinds What Does Micro-Mechanics Do?Micro-Mechanics is involved in designing, manufacturing, and marketing of consumables and precision tools that are used in the semiconductor industry.
Similar to how printers require ink cartridges and sewing
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