Tuesday, June 28, 2022
Google search engine
HomeMongolia NewsMongolia Growth Group Stock: No Longer Just A Play (OTCMKTS:MNGGF)

Mongolia Growth Group Stock: No Longer Just A Play (OTCMKTS:MNGGF)

brytta/E+ via Getty Images

Note: This article references Mongolia Growth Group’s ADR. The primary listing of the company is in Canada, under the ticker YAK. Throughout this writeup, I will use YAK as a reference to the company. Trading liquidity on both exchanges is limited.

When Mongolia Growth Group (OTCPK:MNGGF) was last written up on Seeking Alpha in 2017, it was a commercial real estate company with assets in Mongolia. In the last three years, it has rotated some of the real estate assets into publicly traded securities, 6-bagged this portfolio, and built an investment newsletter business called KEDM that earned ~C$1.7m in fees in its first 3 months. Given the recent transformation the company has been undergoing, I thought it was worthwhile to explain the current investment opportunity.

Mongolia Growth Group can best be thought of as the personal investment vehicle of the CEO, Harris Kupperman. Harris Kupperman, or “Kuppy”, is CIO…

Read more…

RELATED ARTICLES
- Advertisment -
Google search engine

Latest Posts