Singapore-based 8i Holdings seems to lack investing nous it espouses

FOUR years ago, Singapore-based investment and financial education firm 8I Holdings (8iH) opted to list on the Australian Stock Exchange instead of its home exchange.

The move might have caused some consternation, given the dearth of new listings on the Singapore Exchange (SGX) then.

For a while there, it seemed ASX had hit paydirt. In just 14 months following its debut on December 2014, the stock climbed five-fold to take its market value to over A$400 million.

Fast forward to the present, it's hard to shake off the feeling that SGX may have dodged a stinker, with 8iH's market value having dwindled to some A$47 million.

Certain events that have unfolded at the firm appears to have cast doubts over the sustainability of its business model, which is ironic considering its flagship investment course widely touts the value investing tenets championed by some of the world…