09-01-2021, 10:03 AM
MM@287
The most important question raised recently was the sustainability of MM business.
Given that MM did not have any IP, Patents or proprietary material science, it is pretty clear that MM does not have concrete/visible moat.
And, of course, if MM does not have moat, then given times, it's competitor(s) will catch up and hence erode it's business.
This is a really important question to decide whether to hold MM long term or take profit - since it's valuation seems expensive and of course, there is nothing wrong in taking profit.
Agree?
With such a wonderful cool weather, enjoy:
Stay home and stay safe, everyone.
The most important question raised recently was the sustainability of MM business.
Given that MM did not have any IP, Patents or proprietary material science, it is pretty clear that MM does not have concrete/visible moat.
And, of course, if MM does not have moat, then given times, it's competitor(s) will catch up and hence erode it's business.
This is a really important question to decide whether to hold MM long term or take profit - since it's valuation seems expensive and of course, there is nothing wrong in taking profit.
Agree?
With such a wonderful cool weather, enjoy:
Stay home and stay safe, everyone.