By now, most in the local news would have read of the liqudation of Cathay Cinemas in Singapore. MM2 Asia is the parent company of Cathay via MMconnect. Share prices are lower post announcement of this news. The current question begets is the company worth as an investment at 0.3 cents, having fallen 99%. My view is not yet and further fall in share prices may continue. What Businesses Does MM2 Has? Post liqudation of its Singapore Cinema business, the company has 03 unprofitable business and 01 profitable business: (i) 39.2% stake in Unusual (market cap: $71.5 million, unprofitable) (ii) 29.9% stake in Vividthree (market cap: $7.9 million, unprofitable) (iii) Cathay Malaysia (also unprofitable) (iv) Movie production/content (earns about $5 million excluding impairment losses) Overall, MM2 has many segments that are loss making and not paying dividend. My view is that MM2 Asia should focus on selling off the unprofitable segments and focus on its roots and what it does best- making movies. The sale of its stakes...