What is driving the pre-market gain in 42L.SI stock?

The pre-market gain reflects heavy volume (**2,418,700** shares) and short-term buying interest. Drivers likely include bullion and pawnbroking demand, positive technical momentum, and value metrics that attract traders. Watch gold moves and upcoming company updates

What valuation measures matter for 42L.SI stock?

Key metrics: PE **9.65**, EPS **S$0.02**, PB **0.76**, current ratio **2.52** and debt to equity **0.57**. These show low market multiples but longer inventory cycles and cash flow caution

What price target does Meyka AI give for 42L.SI stock?

Meyka AI's model projects a monthly figure of **S$0.21** and a yearly projection of **S$0.1914**, implying near-term upside of **5.77%** versus the current **S$0.181**. Forecasts are projections and not guarantees

Should I trade 42L.SI stock on this pre-market move?

Short-term trading can capitalise on heavy pre-market liquidity but carries volatility risks. For longer-term investors, wait for signs of improved cash flow and reduced inventory days before increasing exposure

SG Stocks

Pre-market top gainer: 42L.SI Taka Jewellery at S$0.18 on 06 Feb 2026: check forecast

ByDanny Kontos February 6, 2026February 6, 2026

The 42L.SI stock is trading as a pre-market top gainer after opening interest pushed shares to S$0.18 on 06 Feb 2026. Volume runs at 2,418,700 shares, about 3.27x the average, signalling active buying ahead of the market. Taka Jewellery Holdings Limited (42L.SI) on the SES in Singapore combines retail jewellery, pawnbroking and bullion trading, which ties its short-term moves to gold and pawn demand. We examine why the stock is up, the valuation metrics, and what the Meyka AI forecast implies for near-term upside