Shares & Derivatives
At Aedge Group Ltd’s (SGX: XVG) Share Price of S$0.21, Is It Worth Buying?
By Seedly  •  December 14, 2020
Aedge Group Ltd (SGX: XVG) was successfully listed on the Singapore stock market on 14 December. It opened at S$0.21, 5% above its initial public offering (IPO) price of S$0.20. The company is a Singapore-based multi-services provider that was founded in 2000. It provides three main services — engineering, security and manpower, and transport services. Source: Aedge website To know whether a company is worth investing in, we should analyse its business fundamentals. Right here, let’s find out if Aedge is a “buy” in my opinion. How Has Aedge’s Historical Financial Performance Been? Firstly, before investing in any company, we need to find out how it has performed financially in the past. Knowing the past performance through its financial statements can give us some clues as to whether the company has a strong business. As for Aedge, its revenue has grown by around 9% over the last three years, but its net profit has trended downwards....
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By Seedly
Launched in 2016, Seedly helps users make smarter financial decisions with its budgeting app which allows its 40,000 users to sync up their financial accounts and better manage their cash-flow. Last year, we introduced a new community feature which allows users to crowdsource knowledge from peers before making a financial decision.
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