written by reader Mongolia real estate

By Anonymous Questions, February 10, 2014

I am curious about the Mongolian real estate stock you had. Do you still have it? I can’t find the info on it from your irregular updates

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Travis Johnson, Stock GumshoeLuis reyes Recent comment authors

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Travis Johnson, Stock Gumshoe
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πŸ‘13202

Hi — yes, I still own shares of this one, and it’s been plummeting over the past several months as commodities fears increased and as banking scandals and continued regulatory uncertainty have continued to depress foreign direct investment in the country. The company also lost its CFO last week, and if you read between the lines it sounds more or less like Harris Kupperman is a little sick of living in Ulan Baator and they’ve been streamlining the company and will be moving their real estate management operations to Toronto. They are focused now on “high street” retail — trying… Read More Β»

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stox4luis
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stox4luis

As I now have some skin in the game, – yes Travis, please keep watching MMGGF closely and let us know of any new developments, OK?

Travis Johnson, Stock Gumshoe
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πŸ‘13202

I bought a little more YAK in May, FYI (that’s the Canadian ticker) — noted here: http://www.stockgumshoe.com/2014/05/brazilian-burgers-mongolian-real-estate-africa-and-ligand/