As an investment blogger, I think every stock deserves an unbiased coverage, no matter how good or bad the business or management performs. Thus, it is with an open mind that I decided to initiate a review on the investment merits of Imperium Crown, a Catalist-listed company that is based in Singapore.
Although Imperium Crown falls under the radar of many stock analysts, its story is nothing short of intriguing. Those who have invested in this counter would have a roller-coaster ride as the share price plummeted from $0.14 to $0.03. The stock would have been put under the SGX’s Watch List long time ago if not for the fact that this ruling is not applicable for Catalist-listed stocks.
When you have a stock trading at crazily cheap level like Imperium Crown, you do not know if there is any value left in the shares. After all, cheap does not equate to value. When investing in companies, there is a need to identify their competitive edge and then assess if the business fundamentals provide the sound basis for investments.
For investors of Imperium Crown, they would look back and lament that it is almost a case of a successful turnaround …