Trek 2000 has an enviable balance sheet: Zero borrowings and nearly US$39 million (about S$52 million) in real solid assets which comprise cash, bonds, quoted and unquoted funds (as highlighted below).

balancesheetFY2020


Its NAV as at end-FY2020 was 12.52 US cents, or 16.7 SGD cents. That's still above its current trading stock price of 13.6 cents.

Trek 2000 has publicised its response to questions from the Securities Investors Association of Singapore ahead of Trek's AGM. Excerpts: 

Can the board help shareholders understand if it had approved the company’s investment into funds and quoted equities?

A: All investments undertaken by the Group are approved by the Board.

Would the size of the investments (US$30.7 million compared to US$39.6 million in equity) significantly alter the risk profile of the Group?

 A: The risk profile of the Group remained relatively unchanged as the Group adopts the appropriate risk management measures to safeguard its investment as explained at the SGXNET on 2 September 2020. To reiterate again, the risk management measures adopted by the Group are as follows:

 All investments to be put in by the Group are recommended by its appointed Investment Bankers, primarily Credit Suisse AG, an international bank and accredited financial adviser with MAS, and other appointed Investment Bankers accredited with MAS, and approved by the Board. The appointment of Investment Bankers is approved by the Board. The investments are diversified in equity, bonds and funds.

 The investment assets recommended have historical yields that meet the targeted returns of the Group.

 The investment assets shall be in safe investments preferably with ratings of “BBB” and above.

 The Group ensures a diversified portfolio of its investments to minimize the investment risks.

 Investments are in financial assets that the Group is able to liquidate at short notice by selling the investments to the professional fund managers if it wants to liquidate the investments.

 Periodic reviews of the yields and returns of the investment portfolio and assessment of the performance are carried out with the financial advisers.

What are the criteria applied in the evaluation and selection process of these funds?

A: As mentioned above, all recommended investment opportunities will need to come from appointed Investment Bankers, have historical yields that meet the targeted returns of the Group and shall be in safe investments preferably with ratings of “BBB” and above. The Group also ensures a diversified portfolio to minimize the investment risks.


Trek 2000 is an industry leader, innovator, original inventor and patent owner of the ThumbDrive® (i.e. USB Flash Drive) and FluCard®, board director of SD Card Association and co-chairman of iSDIO forum. It offers state-of-the-art design solutions ranging from Interactive Consumer Solutions, Wireless, Anti-piracy, Compression and Encryption to sophisticated Enterprise Solutions all catering to the fast changing digital industry.


Share Prices

Counter NameLastChange
AEM Holdings3.980-0.070
Avarga0.305-
Avi-Tech Electronics0.405-
BH Global0.295-
China Sunsine0.495-
Food Empire0.850-
Fortress Minerals0.620-0.020
Golden Energy0.380-0.005
GSS Energy0.0670.001
InnoTek0.860-0.025
ISDN Holdings0.710-0.015
ISOTeam0.123-0.011
IX Biopharma0.230-
KSH Holdings0.365-0.005
Leader Env0.0780.004
Medtecs Intl0.800-0.010
Moya Asia0.0680.001
Nordic Group0.310-0.005
Oxley Holdings0.2250.005
Procurri0.330-
REX International0.205-
Riverstone1.240-0.040
Roxy-Pacific0.395-
Southern Alliance Mining1.0000.010
Sri Trang Agro1.560-
Straco Corp.0.520-0.010
Sunpower Group0.665-0.015
The Trendlines0.1030.001
UG Healthcare0.560-0.015
Uni-Asia Group0.950-0.015
Wilmar Intl4.410-0.050
Yangzijiang Shipbldg1.3900.010
Yinda Infocomm0.2350.005

NextInsight RSS

rss_2 NextInsight - Latest News

Online Now

We have 1055 guests and no members online