29 Aug '15, 11am

Micro-Mech Full Year 2015 result is splendid

Micro-Mech Full Year 2015 result is splendid

Gross Margins show where their products have pricing power. A gross margin of above 50% consistently most of the time indicates to me that the company do not readily succumbed to weakening power. Micro-Mech’s gross margins was strong in 2007 and 2008, even in the midst of going into the great financial crisis. However, since then gross margins have weaken to below 50%. It is only in this 2 years that we see the gross margins improving.

Full article: http://www.investmentmoats.com/money-management/dividend-...

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