S$0.069 42T.SI stock slides pre-market on SES: watch cash and valuation
The 42T.SI stock is trading at S$0.069 in pre-market action on the Singapore Exchange (SES) after heavy selling pressure left volume at 5,005,300 shares. This places The Trendlines Group Ltd. near the lower end of its recent range, with a year high of S$0.084 and a year low of S$0.026. Investors flag weak earnings metrics—EPS -0.02 and PE -3.25—as reasons for the stock appearing among top losers in today’s pre-market session.
Pre-market movers: 42T.SI stock performance
42T.SI stock opened at S$0.069 on SES with intraday range S$0.068–S$0.071. Volume is 5,005,300, below the 50-day average of 9,558,319, showing outsized selling relative to recent liquidity. On a 1‑month basis the stock is down 13.33%, making it a top loser in early Singapore trade.
Why the drop: earnings, fundamentals and sector context
The Trendlines Group Ltd. reports negative EPS and a TTM PE of -3.25, which signals continued losses. Key metrics show book value per share S$0.06 and a PB ratio near 0.90, cheaper than the Financial Services sector PB average of 5.00. Still, low current ratio 0.76 raises short‑term funding concerns and helps explain the pre-market selloff.
Valuation and balance-sheet snapshot for 42T.SI stock
Market cap stands at S$94,606,850 and shares outstanding are 1,455,490,000. Cash per share is S$0.003 while tangible book value is S$0.06. Debt to equity is low at 0.08, limiting leverage risk, but negative operating cash flow per share -0.0091 shows persistent cash burn that traders dislike in low‑price names.
Technical picture and trading signals for 42T.SI stock
Technical indicators show RSI 60.24, ADX 40.72 indicating a strong trend, and Bollinger upper band at S$0.08. The 50‑day average is S$0.06934 and the 200‑day average is S$0.04366, giving mixed momentum. Short interest and thin liquidity can amplify moves, so stop discipline is important for traders.
Meyka AI rates 42T.SI with a score out of 100 and forecast
Meyka AI rates 42T.SI with a score out of 100: 61.59 (B, HOLD). This grade factors S&P 500 and sector comparisons, financial growth, key metrics, forecasts, and analyst consensus. Meyka AI’s forecast model projects a yearly target of S$0.1326, implying an upside of 92.12% versus the current price S$0.069. Forecasts are model-based projections and not guarantees.
Risks and catalysts for 42T.SI stock
Near-term risks include ongoing negative earnings, low liquidity, and weak cash flow metrics that could push the price lower. Catalysts that could reverse the trend are M&A exits from portfolio companies, improved operating cash flow, or stronger grant funding. For recent market comparisons and screening data, refer to Investing comparisons and market coverage at Investor’s Business Daily.
Final Thoughts
Key takeaways: 42T.SI stock is a top pre-market loser on SES at S$0.069, driven by negative EPS -0.02, low liquidity, and continued cash burn. Valuation shows a low PB 0.90, making the stock cheap on book but risky on earnings. Meyka AI’s forecast model projects a yearly target of S$0.1326, which implies a 92.12% upside from the current price. Short-term downside scenarios include a fall toward S$0.04 if operating cash flow stays negative and funding remains thin. Analysts and active traders should watch quarterly updates, portfolio exits, and any government or grant funding that could shore up cash flow. This analysis uses Meyka AI’s data and grade as an informational input; forecasts are model-based projections and not guarantees.
FAQs
What drove the pre-market drop in 42T.SI stock?
The pre-market drop reflects negative EPS -0.02, low operating cash flow per share -0.0091, and thin liquidity. Investors cite valuation and funding risk as reasons for selling pressure on 42T.SI stock.
What is Meyka AI’s view and grade on 42T.SI stock?
Meyka AI rates 42T.SI with a score out of 100: 61.59 (B, HOLD). The grade weighs sector, growth, key metrics, forecasts and analyst consensus for 42T.SI stock.
What price targets exist for 42T.SI stock?
Meyka AI’s model lists a quarterly target S$0.05 and a yearly target S$0.1326. These figures imply near-term downside risk and a model-based upside of about 92.12% for 42T.SI stock.
Should I trade 42T.SI stock now?
Trading 42T.SI stock suits risk‑tolerant traders only. Tight liquidity, negative cash flow, and volatile swings increase short‑term risk. Use strict position sizing and monitor company updates closely.
Disclaimer:
Stock markets involve risks. This content is for informational purposes only. Past performance does not guarantee future results. Meyka AI PTY LTD provides market analysis and data insights, not financial advice. Always conduct your own research and consider consulting a licensed financial advisor.
