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.
KEYWORDS IN THIS ARTICLE
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
Japfa posts US$12.4 million Q1 profit, reversing from year-ago loss of US$43 million
PayPal lifts 2024 profit forecast as spending stays resilient, margins improve
Walmart to shut all health centers in US over lack of profitability
Japan may have spent 5.5 trillion yen on Apr 29 intervention, BOJ data suggests
3M to cut dividend on health-care spin, losing aristocrat status
OCBC should be seen as ‘financial conglomerate’ unlike local banking peers, says chairman