From what I read in their announcement materials. It appears they are providing a crucial infrastructure for remote work. Which is sweet as it is akin selling picks in a gold(tech upgrade rush).
My concern is how ‘moaty’ is their business? Is their operation easily replicated or what are the barriers to entry. What exactly are they building in Singapore? Why hasn’t any local Singaporean company doing it if the margins compels for it?
not a holder yet but i’m building a handful of ‘essential services’ stock that has little alternatives such as childcare (CQE), logistics (BXB), burn treatment (AVH), and online education (OLL). I’m interested to add MNF is it meets my satisfaction.
MNF Price at posting:
$4.41 Sentiment: None Disclosure: Not Held
