Shares & Derivatives
Creative Technology Ltd. (C76.SI): When the Story is Stronger than the Numbers…
By A Pen Quotes  •  March 7, 2018
There are many stocks in the Singapore Exchange, and of course out of these, there are many stocks which nobody would touch. For the longest time, Creative Technology Ltd is one such ‘Zombie’ stock. ‘Zombie’ because it is basically a living dead stock. It is listed on the exchange but for years, it hardly registers a heartbeat (its share price oscillate around $1 from late 2015 to early 2018). That is a far cry from the high of approx. $14.30 in Jan 2006.  Creative had at one point in its history achieved a market capitalization of more than US$1.6 billion and Creative CEO Sim Mong Woo became a billionaire at age 45 How would you feel if you are a long-term investor in this stock? I will probably try very hard to forget about this stock and move on. After all, the Singapore Exchange is littered with so many of these ......
Read the full article
By A Pen Quotes
Hi, I am a typical guy born in 1976. You can call me ‘T’. Family: I have a lovely wife and 2 kids (a boy and a girl). To me, they are the best things that happened in my life. Work: I’m working full-time in the construction industry. Interests: I like to swim, draw and read up on financial articles. I have started a Youtube channel on sketches. Do check it out here.
LEAVE A COMMENT
LEAVE A COMMENT

Your email address will not be published.

*

Your Email Address will not be published
*

Read More Articles
More from thefinance