Time will tell if Trendlines has mastered art of early investing
THIS year, as the Trendlines Group celebrates its 10th anniversary - and second year of being a publicly listed company - a big question on investors' mind is: Will its stock trend higher after its steady fall?
Share performance of the Israel-based startup incubator has been disappointing since its November 2015 Catalist listing. Except for a short spurt above its initial public offering price of 33 Singapore cents, the stock has been on a downward path to its present value of around 15 cents.
For an uptrend to happen, Trendlines must - as this column has suggested in January - "build great companies" that are aligned with its vision of improving the human condition and achieving exits through a trade sale or public listing of its companies.
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