SUBSCRIBERS

YuuZoo critics need first to understand its business model

Published Wed, Apr 13, 2016 · 09:50 PM

    DeeperDive is a beta AI feature. Refer to full articles for the facts.

    DON'T criticise what you can't understand, Bob Dylan famously sang in his 1964 anthem of change The Times They Are A-Changin'. The Singapore market, it appears, is doing that to YuuZoo, a company whose business model is understood by few.

    Some critics, for example, are giving YuuZoo a wide berth as they perceive its business model as being too complex, one that will perhaps be better received in a bourse elsewhere, such as in Australia.

    "The market doesn't quite understand the business," YuuZoo co-founder and chairman Thomas Zilliacus has time and again lamented. YuuZoo shares are also "terribly undervalued", the 61-year-old Finnish, who proclaims himself to be the world's oldest Internet millionaire, said. He was formerly Nokia's regional director for the Asia-Pacific and a professional football player in Finland and Brazil.

    Copyright SPH Media. All rights reserved.