TrickleStar（CYW）株式概要TrickleStar Limitedは、米国およびカナダにおいて、消費者が家庭や職場のエネルギー消費を削減できるよう、エネルギー最適化製品を設計・供給している。 詳細CYW ファンダメンタル分析スノーフレーク・スコア評価0/6将来の成長0/6過去の実績0/6財務の健全性6/6配当金0/6報酬過去5年間の収益は年間3.5%増加しました。 リスク分析SG市場と比較して、過去 3 か月間の株価の変動が非常に大きい過去1年間で株主の希薄化は大幅に進んだ 意味のある時価総額がありません ( SGD26M )すべてのリスクチェックを見るCYW Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.Your Fair ValueS$Current PriceS$0.11202.8% 割高 内在価値ディスカウントGrowth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture-2m15m2016201920222025202620282031Revenue US$4.1mEarnings US$343.1kAdvancedSet Fair ValueView all narrativesTrickleStar Limited 競合他社iWOW TechnologySymbol: Catalist:NXRMarket cap: S$93.2mAccrelistSymbol: Catalist:QZGMarket cap: S$19.6mJadason EnterprisesSymbol: SGX:J03Market cap: S$29.5mGSS EnergySymbol: Catalist:41FMarket cap: S$14.9m価格と性能株価の高値、安値、推移の概要TrickleStar過去の株価現在の株価S$0.1152週高値S$0.1352週安値S$0.02ベータ0.611ヶ月の変化28.24%3ヶ月変化263.33%1年変化445.00%3年間の変化-39.44%5年間の変化-66.97%IPOからの変化-67.94%最新ニュースお知らせ • 8h+ 2 more updatesTrickleStar Limited Announces the Resignation of Chuah Jern Ern as Non-Executive Independent Director, Chairman of Remuneration Committee and Member of Audit Committee and Nominating Committee, Effective from 18 June 2026TrickleStar Limited announced the resignation of Chuah Jern Ern as Non-Executive Independent Director, Chairman of Remuneration Committee and member of Audit Committee and Nominating Committee, effective from 18 June 2026. Role And Responsibilities: The roles and responsibilities as Non-Executive Independent Director, Chairman of Remuneration Committee and member of Audit Committee and Nominating Committee. Other DirectorShips Past: 1. Advanz Fidelis IP Sdn Bhd 2. The Five-A Alliance Limited 3. Imaginaria Innovations Sdn Bhd 4. Folsys Sdn Bhd 5. Fusionfort Sdn Bhd 6. TrickleStar (M) Sdn Bhd. Other DirectorShips Present: 1. Priority Communication PR Sdn Bhd 2. Affinity Alliance Sdn Bhd. Reason For Cessation: Mr. Chuah Jern Ern ("Mr Chuah") has tendered his resignation as Non-Executive Independent Director of TrickleStar Limited (the "Company") following the change in controlling shareholder of the Company. Mr. Chuah has decided to step down from the Board to facilitate a smooth and orderly transition of leadership and governance to the new controlling shareholder's management and board representatives. Following his resignation, Mr. Chuah will accordingly cease to be Chairman of Remuneration Committee and member of Audit Committee and Nominating Committee with immediate effect. After having interviewed Mr. Chuah and to the best of its knowledge, the Company's Sponsor is satisfied that, other than as disclosed in this announcement, there are no other material reasons for the cessation of Mr. Chuah as Non-Executive Independent Director, Chairman of Remuneration Committee and member of Audit Committee and Nominating Committee of the Company. Consequent to the aforesaid changes, the composition of the Board and Board Committees of the Company with effect from 18 June 2026 will be as follows: Board of Directors: Ling Hee Keat - Executive Chairman; Tan Ong Huat - Executive Chairman and Interim Group CEO; Chua Hoi Tek - Non-Executive Non-Independent Director; Jeremy John Figgins - Lead Independent Director; Yong Jiunn Run - Non-Executive Independent Director; Tan Lay Suan Judy - Non-Executive Independent Director. Audit Committee: Jeremy John Figgins – Chairman; Chua Hoi Tek – Member; Tan Lay Suan Judy – Member. Nominating Committee: Tan Lay Suan Judy – Chairman; Jeremy John Figgins - Member; Chua Hoi Tek – Member. Remuneration Committee: Yong Jiunn Run - Chairman; Tan Ong Huat - Member; Jeremy John Figgins – Member.お知らせ • Jun 11+ 2 more updatesTrickleStar Limited Announces Appointment of Tan Ong Huat as CEO, Effective June 26, 2026TrickleStar Limited announced the appointment of Mr. Tan Ong Huat as Executive Chairman and Group Chief Executive Officer was reviewed and recommended by Nominating Committee at the Board's request. He was selected based on his extensive experience in business development and evaluating the investment opportunities. Mr. Tan Ong Huat will be the Executive Chairman and Interim Group Chief Executive Officer until the effective cessation date of Mr. Jason John Clark as Chief Executive Officer on 7 July 2026. Mr. Tan Ong Huat will thereafter be Executive Chairman and Group Chief Executive Officer from 8 July 2026, following the effective cessation date of Mr. Jason John Clark as Chief Executive Officer. The Board has approved his appointment recommended by the Nominating Committee, considering skillset aligns with TrickleStar's strategic direction and complementary strengths to the existing Board composition. Role And Responsibilities: Executive To set the Company's strategic direction and oversee its implementation, provide guidance and support to the senior management, develop external partnerships and foster collaboration with external parties, bridge the gap between board oversight and daily operations, and develop strong stakeholder relations. Professional Qualifications: General Certificate of Education Advanced Level. Date of appointment is June 26, 2026. Other Director Ships Past: June 2020 to February 2025 - SG7 Mart Pte Ltd. Director Experience Details: Mr. Tan was Director of SHS Holdings Ltd. (formerly known as See Hup Seng Limited) from January 2006 to February 2012.お知らせ • Jun 10TrickleStar Limited Announces Resignation of Jason John Clark as Chief Executive OfficerTrickleStar Limited announced that Jason John Clark has tendered his resignation as Chief Executive Officer to focus on his longer-term business interests, consulting activities, and future professional opportunities. The roles and responsibilities as Chief Executive Officer of the Company. Jason John Clark previously held directorships at Borneo Sky Ltd, 247 Marketing Ltd, and Truefit Marketing Ltd.New Risk • May 28New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 54% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (33% average weekly change). Shareholders have been substantially diluted in the past year (54% increase in shares outstanding). Minor Risk Market cap is less than US$100m (S$21.1m market cap, or US$16.5m).お知らせ • May 23TrickleStar Limited has completed a Follow-on Equity Offering in the amount of SGD 2.419946 million.TrickleStar Limited has completed a Follow-on Equity Offering in the amount of SGD 2.419946 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 79,083,200 Price\Range: SGD 0.0306 Transaction Features: Subsequent Direct ListingRecent Insider Transactions • May 16Insider recently sold S$214k worth of stockOn the 13th of May, Harald Weinbrecht sold around 13m shares on-market at roughly S$0.017 per share. This transaction amounted to 100% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of S$856k more than they bought in the last 12 months.最新情報をもっと見るRecent updatesお知らせ • 8h+ 2 more updatesTrickleStar Limited Announces the Resignation of Chuah Jern Ern as Non-Executive Independent Director, Chairman of Remuneration Committee and Member of Audit Committee and Nominating Committee, Effective from 18 June 2026TrickleStar Limited announced the resignation of Chuah Jern Ern as Non-Executive Independent Director, Chairman of Remuneration Committee and member of Audit Committee and Nominating Committee, effective from 18 June 2026. Role And Responsibilities: The roles and responsibilities as Non-Executive Independent Director, Chairman of Remuneration Committee and member of Audit Committee and Nominating Committee. Other DirectorShips Past: 1. Advanz Fidelis IP Sdn Bhd 2. The Five-A Alliance Limited 3. Imaginaria Innovations Sdn Bhd 4. Folsys Sdn Bhd 5. Fusionfort Sdn Bhd 6. TrickleStar (M) Sdn Bhd. Other DirectorShips Present: 1. Priority Communication PR Sdn Bhd 2. Affinity Alliance Sdn Bhd. Reason For Cessation: Mr. Chuah Jern Ern ("Mr Chuah") has tendered his resignation as Non-Executive Independent Director of TrickleStar Limited (the "Company") following the change in controlling shareholder of the Company. Mr. Chuah has decided to step down from the Board to facilitate a smooth and orderly transition of leadership and governance to the new controlling shareholder's management and board representatives. Following his resignation, Mr. Chuah will accordingly cease to be Chairman of Remuneration Committee and member of Audit Committee and Nominating Committee with immediate effect. After having interviewed Mr. Chuah and to the best of its knowledge, the Company's Sponsor is satisfied that, other than as disclosed in this announcement, there are no other material reasons for the cessation of Mr. Chuah as Non-Executive Independent Director, Chairman of Remuneration Committee and member of Audit Committee and Nominating Committee of the Company. Consequent to the aforesaid changes, the composition of the Board and Board Committees of the Company with effect from 18 June 2026 will be as follows: Board of Directors: Ling Hee Keat - Executive Chairman; Tan Ong Huat - Executive Chairman and Interim Group CEO; Chua Hoi Tek - Non-Executive Non-Independent Director; Jeremy John Figgins - Lead Independent Director; Yong Jiunn Run - Non-Executive Independent Director; Tan Lay Suan Judy - Non-Executive Independent Director. Audit Committee: Jeremy John Figgins – Chairman; Chua Hoi Tek – Member; Tan Lay Suan Judy – Member. Nominating Committee: Tan Lay Suan Judy – Chairman; Jeremy John Figgins - Member; Chua Hoi Tek – Member. Remuneration Committee: Yong Jiunn Run - Chairman; Tan Ong Huat - Member; Jeremy John Figgins – Member.お知らせ • Jun 11+ 2 more updatesTrickleStar Limited Announces Appointment of Tan Ong Huat as CEO, Effective June 26, 2026TrickleStar Limited announced the appointment of Mr. Tan Ong Huat as Executive Chairman and Group Chief Executive Officer was reviewed and recommended by Nominating Committee at the Board's request. He was selected based on his extensive experience in business development and evaluating the investment opportunities. Mr. Tan Ong Huat will be the Executive Chairman and Interim Group Chief Executive Officer until the effective cessation date of Mr. Jason John Clark as Chief Executive Officer on 7 July 2026. Mr. Tan Ong Huat will thereafter be Executive Chairman and Group Chief Executive Officer from 8 July 2026, following the effective cessation date of Mr. Jason John Clark as Chief Executive Officer. The Board has approved his appointment recommended by the Nominating Committee, considering skillset aligns with TrickleStar's strategic direction and complementary strengths to the existing Board composition. Role And Responsibilities: Executive To set the Company's strategic direction and oversee its implementation, provide guidance and support to the senior management, develop external partnerships and foster collaboration with external parties, bridge the gap between board oversight and daily operations, and develop strong stakeholder relations. Professional Qualifications: General Certificate of Education Advanced Level. Date of appointment is June 26, 2026. Other Director Ships Past: June 2020 to February 2025 - SG7 Mart Pte Ltd. Director Experience Details: Mr. Tan was Director of SHS Holdings Ltd. (formerly known as See Hup Seng Limited) from January 2006 to February 2012.お知らせ • Jun 10TrickleStar Limited Announces Resignation of Jason John Clark as Chief Executive OfficerTrickleStar Limited announced that Jason John Clark has tendered his resignation as Chief Executive Officer to focus on his longer-term business interests, consulting activities, and future professional opportunities. The roles and responsibilities as Chief Executive Officer of the Company. Jason John Clark previously held directorships at Borneo Sky Ltd, 247 Marketing Ltd, and Truefit Marketing Ltd.New Risk • May 28New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 54% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (33% average weekly change). Shareholders have been substantially diluted in the past year (54% increase in shares outstanding). Minor Risk Market cap is less than US$100m (S$21.1m market cap, or US$16.5m).お知らせ • May 23TrickleStar Limited has completed a Follow-on Equity Offering in the amount of SGD 2.419946 million.TrickleStar Limited has completed a Follow-on Equity Offering in the amount of SGD 2.419946 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 79,083,200 Price\Range: SGD 0.0306 Transaction Features: Subsequent Direct ListingRecent Insider Transactions • May 16Insider recently sold S$214k worth of stockOn the 13th of May, Harald Weinbrecht sold around 13m shares on-market at roughly S$0.017 per share. This transaction amounted to 100% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of S$856k more than they bought in the last 12 months.New Risk • May 13New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Singaporean stocks, typically moving 24% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (24% average weekly change). Market cap is less than US$10m (S$9.33m market cap, or US$7.33m).お知らせ • May 13TrickleStar Limited has filed a Follow-on Equity Offering in the amount of SGD 2.419946 million.TrickleStar Limited has filed a Follow-on Equity Offering in the amount of SGD 2.419946 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 79,083,200 Price\Range: SGD 0.0306 Transaction Features: Subsequent Direct ListingNew Risk • Mar 24New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Singaporean stocks, typically moving 9.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Market cap is less than US$10m (S$4.90m market cap, or US$3.83m). Minor Risks Share price has been volatile over the past 3 months (9.0% average weekly change). Significant insider selling over the past 3 months (S$161k sold).お知らせ • Mar 05TrickleStar Limited, Annual General Meeting, Mar 25, 2026TrickleStar Limited, Annual General Meeting, Mar 25, 2026, at 10:30 Singapore Standard Time. Location: four points by sheraton singapore, riverview, elgin room 1, 2nd floor, 382 havelock road, singapore 169629, SingaporeReported Earnings • Feb 28Full year 2025 earnings released: US$0.001 loss per share (vs US$0.008 loss in FY 2024)Full year 2025 results: US$0.001 loss per share (improved from US$0.008 loss in FY 2024). Revenue: US$5.81m (down 49% from FY 2024). Net loss: US$155.5k (loss narrowed 77% from FY 2024). Over the last 3 years on average, earnings per share has fallen by 59% per year but the company’s share price has only fallen by 51% per year, which means it has not declined as severely as earnings.New Risk • Feb 23New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2025. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 16% per year over the past 5 years. Market cap is less than US$10m (S$4.59m market cap, or US$3.62m). Minor Risks Latest financial reports are more than 6 months old (reported June 2025 fiscal period end). Significant insider selling over the past 3 months (S$471k sold).Recent Insider Transactions • Jan 07Insider recently sold S$161k worth of stockOn the 2nd of January, Bernard Emby sold around 5m shares on-market at roughly S$0.032 per share. This transaction amounted to 45% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth S$310k. Insiders have been net sellers, collectively disposing of S$990k more than they bought in the last 12 months.Recent Insider Transactions • Dec 15Insider recently sold S$310k worth of stockOn the 11th of December, Bernard Emby sold around 10m shares on-market at roughly S$0.031 per share. This transaction amounted to 47% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of S$829k more than they bought in the last 12 months.Recent Insider Transactions • Oct 06Insider recently sold S$111k worth of stockOn the 2nd of October, Bernard Emby sold around 4m shares on-market at roughly S$0.03 per share. This transaction amounted to 15% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of S$474k more than they bought in the last 12 months.New Risk • Oct 04New minor risk - Insider sellingThere has been significant insider selling in the company's shares over the past 3 months. Total value of shares sold: S$2.6k This is considered a minor risk. There are several reasons why an insider may be selling, including to cover a tax obligation or pay for some other expense. However, we generally consider it a negative if insiders have been selling, especially if they do so below the current price. It implies that they considered a lower price to be reasonable. This is a weak signal, but if there is a pattern of unexplained selling, it can be a sign the insider believes the company's stock is overpriced. Note: We only include open market transactions and private dispositions of directly owned stock by individuals, not by corporations or trusts. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 16% per year over the past 5 years. Shareholders have been substantially diluted in the past year (84% increase in shares outstanding). Market cap is less than US$10m (S$4.64m market cap, or US$3.60m). Minor Risks Share price has been volatile over the past 3 months (11% average weekly change). Significant insider selling over the past 3 months (S$2.6k sold).お知らせ • Jun 20TrickleStar Limited Announces Board Committees ChangesTrickleStar Limited announced changes to the composition of board committees: The composition of board committees of the company with effect from 19 June 2025 will be as follows: Audit Committee: Jeremy John Figgins-Chairman; Ling Hee Keat-Member; Gunananthan Nithyanantham-Member. Remuneration Committee: Ling Hee Keat-Chairman; Chuah Jern Ern-Member; Harald Weinbrecht-Member. Nominating Committee: Chuah Jern Ern-Chairman; Jeremy John Figgins-Member; Gunananthan Nithyanantham-Member.お知らせ • Jun 03Tricklestar Limited Announces Directorate and Board Changes, Effect from 2 June 2025The Board of Directors of TrickleStar Limited announced the following: Harald Weinbrecht will be appointed as a Non-Executive Non-Independent Director of the Company with effect from 2 June 2025. Consequent to the aforesaid changes, the composition of the Board of the Company with effect from 2 June 2025 will be as follows: Board of Directors Ling Hee Keat as Non-Executive Independent Chairman, Jeremy John Figgins as Non-Executive Independent Director, Chuah Jern Ern as Non-Executive Independent Director, Gunananthan Nithyanantham as Non-Executive Non-Independent Director, Jason John Clark as Executive Director and Chief Executive Officer and Harald Weinbrecht as Non-Executive Non-Independent Director.お知らせ • Mar 06TrickleStar Limited, Annual General Meeting, Mar 26, 2025TrickleStar Limited, Annual General Meeting, Mar 26, 2025, at 10:30 Singapore Standard Time. Location: four points by sheraton singapore, riverview elgin room, 382 havelock road, singapore 169629, SingaporeReported Earnings • Feb 28Full year 2024 earnings released: US$0.008 loss per share (vs US$0.003 loss in FY 2023)Full year 2024 results: US$0.008 loss per share (further deteriorated from US$0.003 loss in FY 2023). Revenue: US$11.5m (up 12% from FY 2023). Net loss: US$665.2k (loss widened 142% from FY 2023). Over the last 3 years on average, earnings per share has increased by 54% per year but the company’s share price has fallen by 48% per year, which means it is significantly lagging earnings.New Risk • Feb 25New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 81% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (49% average weekly change). Earnings have declined by 29% per year over the past 5 years. Shareholders have been substantially diluted in the past year (81% increase in shares outstanding). Market cap is less than US$10m (S$8.19m market cap, or US$6.12m). Minor Risk Latest financial reports are more than 6 months old (reported June 2024 fiscal period end).New Risk • Feb 23New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2024. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (41% average weekly change). Earnings have declined by 29% per year over the past 5 years. Market cap is less than US$10m (S$2.61m market cap, or US$1.95m). Minor Risk Latest financial reports are more than 6 months old (reported June 2024 fiscal period end).お知らせ • Dec 11TrickleStar Limited has filed a Follow-on Equity Offering in the amount of SGD 1.011391 million.TrickleStar Limited has filed a Follow-on Equity Offering in the amount of SGD 1.011391 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 67,426,073 Price\Range: SGD 0.015 Transaction Features: Rights OfferingBoard Change • Oct 28Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. No highly experienced directors. Independent Non-Executive Chairman Ling Keat was the last director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.お知らせ • Oct 03TrickleStar Limited Announces Resignation of Gunananthan Nithyanantham as Executive Director and Chief Operating Officer and Redesignated as Non-Executive Non-Independent DirectorTrickleStar Limited announced that resignation of Mr. Gunananthan Nithyanantham as the Executive Director and Chief Operating Officer, Mr. Guna will be redesignated as Non-Executive Non-Independent Director. Mr. Guna has been a director of TrickleStar Limited since its IPO in June 2019. Before that, he did not have prior experience as a director of public listed companies in Singapore. From January 2012 to December 2017, Mr. Guna joined TrickleStar as finance director of TrickleStar Hong Kong, where he was responsible for overseeing the finances, logistics control and administrative activities of TrickleStar Hong Kong. In January 2015, Mr. Guna became an executive director of both Zernet Limited and CircleBright Limited, where he was responsible for monitoring the strategic direction and overseeing the use of funds of the respective companies. In January 2018, he became the chief executive officer of both Zernet Limited and CircleBright Limited, where he is responsible for managing the overall operations and resources of Zernet Limited and is responsible for overseeing and evaluating investment opportunities for CircleBright Limited. In January 2022, he was redesignated as executive director and chief operating officer of the company.Board Change • Sep 19Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. No highly experienced directors. Independent Non-Executive Chairman Ling Keat was the last director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.Board Change • Jun 20Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. No highly experienced directors. Independent Non-Executive Chairman Ling Keat was the last director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.Board Change • May 15Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. No highly experienced directors. Independent Non-Executive Chairman Ling Keat was the last director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.Buy Or Sell Opportunity • Apr 12Now 35% undervaluedThe stock has been flat over the last 90 days, currently trading at S$0.10. The fair value is estimated to be S$0.16, however this is not to be taken as a buy recommendation but rather should be used as a guide only.New Risk • Apr 08New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: S$11.0m (US$8.18m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Shares are highly illiquid. Earnings have declined by 41% per year over the past 5 years. Market cap is less than US$10m (S$11.0m market cap, or US$8.18m).お知らせ • Apr 05TrickleStar Limited Announces Resignation of Jon Alan Lanning as President of Company, North AmericaTrickleStar Limited announced that the resignation of Jon Alan Lanning as President of company, North America. Mr. Jon Alan Lanning (hereinafter referred to as Mr. Lanning), has tendered his resignation as the company's President of TrickleStar Inc., North America. He is currently serving his notice period, which will conclude on 25 April 2024. Mr. Lanning has tendered his resignation to pursue other opportunities within the North America Energy Efficiency industry and feels this is the proper time to do so after having worked with the Company for eleven plus years.Reported Earnings • Mar 13Full year 2023 earnings released: US$0.003 loss per share (vs US$0.005 profit in FY 2022)Full year 2023 results: US$0.003 loss per share (down from US$0.005 profit in FY 2022). Revenue: US$10.3m (down 26% from FY 2022). Net loss: US$275.1k (down 162% from profit in FY 2022). Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has fallen by 20% per year, which means it is significantly lagging earnings.お知らせ • Mar 08TrickleStar Limited, Annual General Meeting, Mar 27, 2024TrickleStar Limited, Annual General Meeting, Mar 27, 2024, at 10:30 Singapore Standard Time. Location: Four Points by Sheraton Singapore, Riverview Elgin Room, 382 Havelock Road, Singapore Singapore Agenda: To consider proposed renewal of the Share Buy-Back Mandate.Board Change • Mar 08Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. No highly experienced directors. Independent Non-Executive Chairman Ling Keat was the last director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.お知らせ • Jan 18TrickleStar Limited Announces Resignation of Bernard Christopher Emby as Non-Executive Non-Independent DirectorThe Board of Directors of TrickleStar Limited announced Mr. Bernard Christopher Emby has tendered his resignation as the Non-Executive Non-Independent Director of the Company. Consequent to the aforesaid resignation, as at 19 January 2024, the composition of the Board of the Company shall be as mentioned below: Board of Directors: Mr. Ling Hee Keat, Non-Executive Independent Chairman; Mr. Gunananthan Nithyanantham, Executive Director and Chief Operating Officer; Mr. Chuah Jern Ern, Non-Executive Independent Director; and Mr. Jeremy John Figgins, Non-Executive Independent Director.お知らせ • Dec 14+ 1 more updateTricklestar Limited Appoints Jason John Clark as Chief Executive Officer, Effective 1 January 2024TrickleStar Limited announced that Following the resignation of Mr. Guna, Mr. Jason John Clark ("Mr Clark"), the current Senior Business Development Manager will be appointed as the Chief Executive Officer of the Company with effect from 1 January 2024.お知らせ • Dec 13Tricklestar Limited Announces Resignation of Gunananthan Nithyanantham as Acting Chief Executive OfficerTrickleStar Limited announced that Mr. Gunananthan Nithyanantham ("Mr Guna") has tendered his resignation as the Acting Chief Executive Officer ("Acting CEO") of the Company which will conclude on 31 December 2023. Mr. Guna will continue to remain as the Executive Director and Chief Operating Officer. After having interviewed Mr. Guna and to the best of its knowledge, the Company's Sponsor, PrimePartners Corporate Finance Pte. Ltd. is satisfied that save as disclosed in this announcement, there are no other material reasons for the cessation of Mr. Guna as the Acting CEO.Board Change • Nov 06Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. No highly experienced directors. Independent Non-Executive Chairman Ling Keat was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Recent Insider Transactions • Oct 18Acting CEO recently sold S$109k worth of stockOn the 13th of October, Gunananthan Nithyanantham sold around 610k shares on-market at roughly S$0.18 per share. This transaction amounted to 7.8% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Gunananthan's only on-market trade for the last 12 months.Board Change • Oct 13Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. No highly experienced directors. Independent Non-Executive Chairman Ling Keat was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Board Change • Sep 25Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. No highly experienced directors. Independent Non-Executive Chairman Ling Keat was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Board Change • Sep 08Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. No highly experienced directors. Independent Non-Executive Chairman Ling Keat was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.New Risk • Aug 17New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: S$13.4m (US$9.83m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Shares are highly illiquid. Earnings have declined by 46% per year over the past 5 years. Market cap is less than US$10m (S$13.4m market cap, or US$9.83m). Minor Risk Large one-off items impacting financial results.Reported Earnings • Aug 12First half 2023 earnings released: EPS: US$0.001 (vs US$0 in 1H 2022)First half 2023 results: EPS: US$0.001 (up from US$0 in 1H 2022). Revenue: US$5.00m (down 19% from 1H 2022). Net income: US$51.2k (up US$46.9k from 1H 2022). Profit margin: 1.0% (up from 0.1% in 1H 2022). Over the last 3 years on average, earnings per share has fallen by 37% per year but the company’s share price has only fallen by 19% per year, which means it has not declined as severely as earnings.Board Change • Jul 20Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. No highly experienced directors. Independent Non-Executive Chairman Ling Keat was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.お知らせ • Jul 08Tricklestar Limited Announces Resignation of S Krishnan A/L Sinnappan as Chief Technical Officer Effective 12 July 2023TrickleStar Limited announced resignation of S Krishnan A/L Sinnappan as Chief Technical Officer. Role And Responsibilities: Overseeing all technological interests of TrickleStar products, which includes responsibility for research of new products, drafting specifications and managing product design and development. Reason For Cessation: Mr. S Krishnan A/L Sinnappan (hereinafter referred to as Mr. S Krishnan), has tendered his resignation as the Company's Chief Technical Officer (CTO). He is currently serving his notice period, which will conclude on 12 July 2023. The resignation of Mr. S Krishnan can be attributed to the following reasons: 1. Dissatisfaction with the working environment under the current management. 2. Exclusion of the CTO from decision-making processes concerning technical and product development aspects. 3. Unwillingness to assume responsibility for technical decisions not endorsed by the CTO. The Nominating Committee duly notes Mr. S Krishnan's concerns. The Board is aware of the potential unease he may have experienced due to recent changes within the Company. Consequently, his resignation was not unexpected. Currently, the Company is not actively seeking a replacement for the CTO position. TrickleStar expresses gratitude for Mr. S Krishnan's valuable contributions and dedication during his tenure with the Company. After having interviewed Mr. S Krishnan and the Independent Directors of the Company, the Company's Sponsor, PrimePartner Corporate Finance Pte. Ltd. is satisfied that, to the best of its knowledge, save as disclosed in this announcement, there are no other material reasons for the cessation of Mr. S Krishnan as the CTO.Board Change • May 16Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. No highly experienced directors. Independent Non-Executive Chairman Ling Keat was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Board Change • Mar 20Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. No highly experienced directors. Independent Non-Executive Chairman Ling Keat was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Reported Earnings • Mar 03Full year 2022 earnings released: EPS: US$0.005 (vs US$0.029 loss in FY 2021)Full year 2022 results: EPS: US$0.005 (up from US$0.029 loss in FY 2021). Revenue: US$13.8m (up 22% from FY 2021). Net income: US$442.6k (up US$2.84m from FY 2021). Profit margin: 3.2% (up from net loss in FY 2021). The move to profitability was primarily driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 66 percentage points per year, which is a significant difference in performance.Board Change • Mar 01Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. No highly experienced directors. Independent Non-Executive Chairman Ling Keat was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Board Change • Jan 10Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. No highly experienced directors. Independent Non-Executive Chairman Ling Keat was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.お知らせ • Dec 09+ 1 more updateTrickleStar Limited Announces Board ChangesThe Nominating Committee and the board of directors of TrickleStar Limited, having reviewed and considered Mr. Ling Hee Keat's mix of skills, experience, core competencies, knowledge of the Company, his past contribution to the Group, and his ability to have sufficient time and attention for his duties as a Director and Chairman of the Board, approved the appointment of Mr. Ling as Non-Executive Independent Chairman of the Company. Role And Responsibilities: Non-Executive. Job Title: Non-Executive Independent Chairman, Chairman of Remuneration Committee, Member of Audit and Nominating Committees. Mr. Ling has been a Director of TrickleStar Limited since its IPO in June 2019.Board Change • Dec 09Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. No highly experienced directors. Independent Non-Executive Director Ling Keat was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.お知らせ • Nov 02+ 1 more updateTrickleStar Limited Announces Executive ChangesTrickleStar Limited announced that Mr. Bernard Christopher Emby (Mr Emby) has tendered his resignation as the Chief Executive Officer (CEO) of the Company. The resignation of Mr. Emby as the CEO of the Company will take effect on 28 April 2023. Notwithstanding, Mr. Emby will continue to remain as the Executive Chairman of the Company. Following the resignation of Mr. Emby, in the interim, Mr. Gunananthan Nithyanantham (Mr Guna) will be re-designated from Executive Director and Chief Operating Officer to Acting CEO of the Company with effect from 1 November 2022.Board Change • Oct 17Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. No highly experienced directors. Independent Non-Executive Director Ling Keat was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Reported Earnings • Aug 17First half 2022 earnings released: EPS: US$0 (vs US$0.003 in 1H 2021)First half 2022 results: EPS: US$0 (down from US$0.003 in 1H 2021). Revenue: US$6.16m (up 8.8% from 1H 2021). Net income: US$4.3k (down 98% from 1H 2021). Profit margin: 0.1% (down from 4.9% in 1H 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 91 percentage points per year, which is a significant difference in performance.Board Change • Aug 05Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. No highly experienced directors. Independent Non-Executive Director Ling Keat was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Board Change • Jun 30Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. No highly experienced directors. Independent Non-Executive Director Ling Keat was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.お知らせ • Jun 23TrickleStar Limited Ordinary Shares to Be Deleted from OTC EquityTrickleStar Limited Ordinary Shares (Singapore) will be Deleted from OTC Equity effective from June 22, 2022, due to Inactive Security.Board Change • May 17Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. No highly experienced directors. Independent Non-Executive Director Ling Keat was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.お知らせ • Apr 28TrickleStar Limited Announces Resignation of Ang Teck Soon as Chief Financial OfficerTrickleStar Limited announced the resignation of Ang Teck Soon as Chief Financial Officer, to pursue other career opportunities. Mr. Ang is currently serving his notice period until 31 May 2022 and will continue to act as a consultant to the Company from 1 June 2022 to 31 July 2022, to ensure a smooth transition subsequent to his cessation.Board Change • Oct 04High number of new directorsLead Independent Director Jeremy Figgins was the last director to join the board, commencing their role in 2019.Board Change • Sep 14High number of new and inexperienced directorsThere are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. No experienced directors. No highly experienced directors. Executive Chairman & CEO Bernard Emby is the most experienced director on the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.Reported Earnings • Aug 09First half 2021 earnings released: EPS US$0.003 (vs US$0.006 in 1H 2020)The company reported a poor first half result with weaker earnings, revenues and profit margins. First half 2021 results: Revenue: US$5.66m (down 13% from 1H 2020). Net income: US$275.3k (down 46% from 1H 2020). Profit margin: 4.9% (down from 7.8% in 1H 2020). The decrease in margin was driven by lower revenue.お知らせ • Mar 12+ 1 more updateTrickleStar Limited Proposes Final Dividend for the Financial Year Ended 31 December 2020TrickleStar Limited at its annual general meeting to be held on 26 March 2021, proposed to approve a final dividend of USD 0.0045 per ordinary share for the financial year ended 31 December 2020.Reported Earnings • Feb 28Full year 2020 earnings releasedThe company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2020 results: Revenue: US$12.9m (down 12% from FY 2019). Net income: US$712.7k (up 306% from FY 2019). Profit margin: 5.5% (up from 1.2% in FY 2019). The increase in margin was driven by lower expenses.株主還元CYWSG ElectronicSG 市場7D-0.9%-1.2%2.6%1Y445.0%51.3%30.3%株主還元を見る業界別リターン: CYW過去 1 年間で51.3 % の収益を上げたSG Electronic業界を上回りました。リターン対市場: CYW過去 1 年間で30.3 % の収益を上げたSG市場を上回りました。価格変動Is CYW's price volatile compared to industry and market?CYW volatilityCYW Average Weekly Movement32.5%Electronic Industry Average Movement8.4%Market Average Movement5.7%10% most volatile stocks in SG Market13.5%10% least volatile stocks in SG Market2.5%安定した株価: CYWの株価は、 SG市場と比較して過去 3 か月間で変動しています。時間の経過による変動: CYWの 週次ボラティリティ は、過去 1 年間で18%から32%に増加しました。会社概要設立従業員CEO（最高経営責任者ウェブサイト200711Jason Clarktricklestar.comTrickleStar Limitedは、米国およびカナダにおいて、消費者が家庭や職場でのエネルギー消費を削減できるよう、エネルギー最適化製品を設計・供給している。同社の製品は、消費者の機器を保護し、電化製品や家電製品からのエネルギー浪費を削減することで環境への影響を最小限に抑える。同社は、高度な電源タップ、サージプロテクター、エネルギーモニター、USBモーションセンサー、電源スイッチ、ポータブルパワーステーション、WiFi電気温水器コントローラー、ドライヤーセーバー、高度なキーボード、スマートサーモスタットを提供している。また、運用サポートサービスの提供や、電気製品・省エネ製品の開発・販売も行っている。さらに、光量センサー、タイマー、モーションセンサー、GSA電源タップも提供している。電気事業者、機械・電気・配管工事業者、エネルギー監査人、エネルギー効率化プログラムにサービスを提供している。トリクル・スター・リミテッドは2007年に設立され、マレーシアのクアラルンプールに本社を置いている。もっと見るTrickleStar Limited 基礎のまとめTrickleStar の収益と売上を時価総額と比較するとどうか。CYW 基礎統計学時価総額S$25.86m収益（TTM）-S$200.83k売上高(TTM)S$7.51m3.4xP/Sレシオ-128.8xPER（株価収益率CYW は割高か？公正価値と評価分析を参照収益と収入最新の決算報告書（TTM）に基づく主な収益性統計CYW 損益計算書（TTM）収益US$5.81m売上原価US$4.03m売上総利益US$1.78mその他の費用US$1.94m収益-US$155.48k直近の収益報告Dec 31, 2025次回決算日該当なし一株当たり利益（EPS）-0.00065グロス・マージン30.69%純利益率-2.67%有利子負債／自己資本比率0%CYW の長期的なパフォーマンスは？過去の実績と比較を見るView Valuation企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/06/20 08:19終値2026/06/19 00:00収益2025/12/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレークこのレポートを生成するために使用した分析モデルの詳細は、当社の Github ページ でご覧いただけます。また、レポートの使い方に関する ガイド や YouTube の チュートリアル もご用意しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋TrickleStar Limited 0 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。0
お知らせ • 8h+ 2 more updatesTrickleStar Limited Announces the Resignation of Chuah Jern Ern as Non-Executive Independent Director, Chairman of Remuneration Committee and Member of Audit Committee and Nominating Committee, Effective from 18 June 2026TrickleStar Limited announced the resignation of Chuah Jern Ern as Non-Executive Independent Director, Chairman of Remuneration Committee and member of Audit Committee and Nominating Committee, effective from 18 June 2026. Role And Responsibilities: The roles and responsibilities as Non-Executive Independent Director, Chairman of Remuneration Committee and member of Audit Committee and Nominating Committee. Other DirectorShips Past: 1. Advanz Fidelis IP Sdn Bhd 2. The Five-A Alliance Limited 3. Imaginaria Innovations Sdn Bhd 4. Folsys Sdn Bhd 5. Fusionfort Sdn Bhd 6. TrickleStar (M) Sdn Bhd. Other DirectorShips Present: 1. Priority Communication PR Sdn Bhd 2. Affinity Alliance Sdn Bhd. Reason For Cessation: Mr. Chuah Jern Ern ("Mr Chuah") has tendered his resignation as Non-Executive Independent Director of TrickleStar Limited (the "Company") following the change in controlling shareholder of the Company. Mr. Chuah has decided to step down from the Board to facilitate a smooth and orderly transition of leadership and governance to the new controlling shareholder's management and board representatives. Following his resignation, Mr. Chuah will accordingly cease to be Chairman of Remuneration Committee and member of Audit Committee and Nominating Committee with immediate effect. After having interviewed Mr. Chuah and to the best of its knowledge, the Company's Sponsor is satisfied that, other than as disclosed in this announcement, there are no other material reasons for the cessation of Mr. Chuah as Non-Executive Independent Director, Chairman of Remuneration Committee and member of Audit Committee and Nominating Committee of the Company. Consequent to the aforesaid changes, the composition of the Board and Board Committees of the Company with effect from 18 June 2026 will be as follows: Board of Directors: Ling Hee Keat - Executive Chairman; Tan Ong Huat - Executive Chairman and Interim Group CEO; Chua Hoi Tek - Non-Executive Non-Independent Director; Jeremy John Figgins - Lead Independent Director; Yong Jiunn Run - Non-Executive Independent Director; Tan Lay Suan Judy - Non-Executive Independent Director. Audit Committee: Jeremy John Figgins – Chairman; Chua Hoi Tek – Member; Tan Lay Suan Judy – Member. Nominating Committee: Tan Lay Suan Judy – Chairman; Jeremy John Figgins - Member; Chua Hoi Tek – Member. Remuneration Committee: Yong Jiunn Run - Chairman; Tan Ong Huat - Member; Jeremy John Figgins – Member.
お知らせ • Jun 11+ 2 more updatesTrickleStar Limited Announces Appointment of Tan Ong Huat as CEO, Effective June 26, 2026TrickleStar Limited announced the appointment of Mr. Tan Ong Huat as Executive Chairman and Group Chief Executive Officer was reviewed and recommended by Nominating Committee at the Board's request. He was selected based on his extensive experience in business development and evaluating the investment opportunities. Mr. Tan Ong Huat will be the Executive Chairman and Interim Group Chief Executive Officer until the effective cessation date of Mr. Jason John Clark as Chief Executive Officer on 7 July 2026. Mr. Tan Ong Huat will thereafter be Executive Chairman and Group Chief Executive Officer from 8 July 2026, following the effective cessation date of Mr. Jason John Clark as Chief Executive Officer. The Board has approved his appointment recommended by the Nominating Committee, considering skillset aligns with TrickleStar's strategic direction and complementary strengths to the existing Board composition. Role And Responsibilities: Executive To set the Company's strategic direction and oversee its implementation, provide guidance and support to the senior management, develop external partnerships and foster collaboration with external parties, bridge the gap between board oversight and daily operations, and develop strong stakeholder relations. Professional Qualifications: General Certificate of Education Advanced Level. Date of appointment is June 26, 2026. Other Director Ships Past: June 2020 to February 2025 - SG7 Mart Pte Ltd. Director Experience Details: Mr. Tan was Director of SHS Holdings Ltd. (formerly known as See Hup Seng Limited) from January 2006 to February 2012.
お知らせ • Jun 10TrickleStar Limited Announces Resignation of Jason John Clark as Chief Executive OfficerTrickleStar Limited announced that Jason John Clark has tendered his resignation as Chief Executive Officer to focus on his longer-term business interests, consulting activities, and future professional opportunities. The roles and responsibilities as Chief Executive Officer of the Company. Jason John Clark previously held directorships at Borneo Sky Ltd, 247 Marketing Ltd, and Truefit Marketing Ltd.
New Risk • May 28New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 54% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (33% average weekly change). Shareholders have been substantially diluted in the past year (54% increase in shares outstanding). Minor Risk Market cap is less than US$100m (S$21.1m market cap, or US$16.5m).
お知らせ • May 23TrickleStar Limited has completed a Follow-on Equity Offering in the amount of SGD 2.419946 million.TrickleStar Limited has completed a Follow-on Equity Offering in the amount of SGD 2.419946 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 79,083,200 Price\Range: SGD 0.0306 Transaction Features: Subsequent Direct Listing
Recent Insider Transactions • May 16Insider recently sold S$214k worth of stockOn the 13th of May, Harald Weinbrecht sold around 13m shares on-market at roughly S$0.017 per share. This transaction amounted to 100% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of S$856k more than they bought in the last 12 months.
お知らせ • 8h+ 2 more updatesTrickleStar Limited Announces the Resignation of Chuah Jern Ern as Non-Executive Independent Director, Chairman of Remuneration Committee and Member of Audit Committee and Nominating Committee, Effective from 18 June 2026TrickleStar Limited announced the resignation of Chuah Jern Ern as Non-Executive Independent Director, Chairman of Remuneration Committee and member of Audit Committee and Nominating Committee, effective from 18 June 2026. Role And Responsibilities: The roles and responsibilities as Non-Executive Independent Director, Chairman of Remuneration Committee and member of Audit Committee and Nominating Committee. Other DirectorShips Past: 1. Advanz Fidelis IP Sdn Bhd 2. The Five-A Alliance Limited 3. Imaginaria Innovations Sdn Bhd 4. Folsys Sdn Bhd 5. Fusionfort Sdn Bhd 6. TrickleStar (M) Sdn Bhd. Other DirectorShips Present: 1. Priority Communication PR Sdn Bhd 2. Affinity Alliance Sdn Bhd. Reason For Cessation: Mr. Chuah Jern Ern ("Mr Chuah") has tendered his resignation as Non-Executive Independent Director of TrickleStar Limited (the "Company") following the change in controlling shareholder of the Company. Mr. Chuah has decided to step down from the Board to facilitate a smooth and orderly transition of leadership and governance to the new controlling shareholder's management and board representatives. Following his resignation, Mr. Chuah will accordingly cease to be Chairman of Remuneration Committee and member of Audit Committee and Nominating Committee with immediate effect. After having interviewed Mr. Chuah and to the best of its knowledge, the Company's Sponsor is satisfied that, other than as disclosed in this announcement, there are no other material reasons for the cessation of Mr. Chuah as Non-Executive Independent Director, Chairman of Remuneration Committee and member of Audit Committee and Nominating Committee of the Company. Consequent to the aforesaid changes, the composition of the Board and Board Committees of the Company with effect from 18 June 2026 will be as follows: Board of Directors: Ling Hee Keat - Executive Chairman; Tan Ong Huat - Executive Chairman and Interim Group CEO; Chua Hoi Tek - Non-Executive Non-Independent Director; Jeremy John Figgins - Lead Independent Director; Yong Jiunn Run - Non-Executive Independent Director; Tan Lay Suan Judy - Non-Executive Independent Director. Audit Committee: Jeremy John Figgins – Chairman; Chua Hoi Tek – Member; Tan Lay Suan Judy – Member. Nominating Committee: Tan Lay Suan Judy – Chairman; Jeremy John Figgins - Member; Chua Hoi Tek – Member. Remuneration Committee: Yong Jiunn Run - Chairman; Tan Ong Huat - Member; Jeremy John Figgins – Member.
お知らせ • Jun 11+ 2 more updatesTrickleStar Limited Announces Appointment of Tan Ong Huat as CEO, Effective June 26, 2026TrickleStar Limited announced the appointment of Mr. Tan Ong Huat as Executive Chairman and Group Chief Executive Officer was reviewed and recommended by Nominating Committee at the Board's request. He was selected based on his extensive experience in business development and evaluating the investment opportunities. Mr. Tan Ong Huat will be the Executive Chairman and Interim Group Chief Executive Officer until the effective cessation date of Mr. Jason John Clark as Chief Executive Officer on 7 July 2026. Mr. Tan Ong Huat will thereafter be Executive Chairman and Group Chief Executive Officer from 8 July 2026, following the effective cessation date of Mr. Jason John Clark as Chief Executive Officer. The Board has approved his appointment recommended by the Nominating Committee, considering skillset aligns with TrickleStar's strategic direction and complementary strengths to the existing Board composition. Role And Responsibilities: Executive To set the Company's strategic direction and oversee its implementation, provide guidance and support to the senior management, develop external partnerships and foster collaboration with external parties, bridge the gap between board oversight and daily operations, and develop strong stakeholder relations. Professional Qualifications: General Certificate of Education Advanced Level. Date of appointment is June 26, 2026. Other Director Ships Past: June 2020 to February 2025 - SG7 Mart Pte Ltd. Director Experience Details: Mr. Tan was Director of SHS Holdings Ltd. (formerly known as See Hup Seng Limited) from January 2006 to February 2012.
お知らせ • Jun 10TrickleStar Limited Announces Resignation of Jason John Clark as Chief Executive OfficerTrickleStar Limited announced that Jason John Clark has tendered his resignation as Chief Executive Officer to focus on his longer-term business interests, consulting activities, and future professional opportunities. The roles and responsibilities as Chief Executive Officer of the Company. Jason John Clark previously held directorships at Borneo Sky Ltd, 247 Marketing Ltd, and Truefit Marketing Ltd.
New Risk • May 28New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 54% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (33% average weekly change). Shareholders have been substantially diluted in the past year (54% increase in shares outstanding). Minor Risk Market cap is less than US$100m (S$21.1m market cap, or US$16.5m).
お知らせ • May 23TrickleStar Limited has completed a Follow-on Equity Offering in the amount of SGD 2.419946 million.TrickleStar Limited has completed a Follow-on Equity Offering in the amount of SGD 2.419946 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 79,083,200 Price\Range: SGD 0.0306 Transaction Features: Subsequent Direct Listing
Recent Insider Transactions • May 16Insider recently sold S$214k worth of stockOn the 13th of May, Harald Weinbrecht sold around 13m shares on-market at roughly S$0.017 per share. This transaction amounted to 100% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of S$856k more than they bought in the last 12 months.
New Risk • May 13New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Singaporean stocks, typically moving 24% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (24% average weekly change). Market cap is less than US$10m (S$9.33m market cap, or US$7.33m).
お知らせ • May 13TrickleStar Limited has filed a Follow-on Equity Offering in the amount of SGD 2.419946 million.TrickleStar Limited has filed a Follow-on Equity Offering in the amount of SGD 2.419946 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 79,083,200 Price\Range: SGD 0.0306 Transaction Features: Subsequent Direct Listing
New Risk • Mar 24New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Singaporean stocks, typically moving 9.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Market cap is less than US$10m (S$4.90m market cap, or US$3.83m). Minor Risks Share price has been volatile over the past 3 months (9.0% average weekly change). Significant insider selling over the past 3 months (S$161k sold).
お知らせ • Mar 05TrickleStar Limited, Annual General Meeting, Mar 25, 2026TrickleStar Limited, Annual General Meeting, Mar 25, 2026, at 10:30 Singapore Standard Time. Location: four points by sheraton singapore, riverview, elgin room 1, 2nd floor, 382 havelock road, singapore 169629, Singapore
Reported Earnings • Feb 28Full year 2025 earnings released: US$0.001 loss per share (vs US$0.008 loss in FY 2024)Full year 2025 results: US$0.001 loss per share (improved from US$0.008 loss in FY 2024). Revenue: US$5.81m (down 49% from FY 2024). Net loss: US$155.5k (loss narrowed 77% from FY 2024). Over the last 3 years on average, earnings per share has fallen by 59% per year but the company’s share price has only fallen by 51% per year, which means it has not declined as severely as earnings.
New Risk • Feb 23New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2025. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 16% per year over the past 5 years. Market cap is less than US$10m (S$4.59m market cap, or US$3.62m). Minor Risks Latest financial reports are more than 6 months old (reported June 2025 fiscal period end). Significant insider selling over the past 3 months (S$471k sold).
Recent Insider Transactions • Jan 07Insider recently sold S$161k worth of stockOn the 2nd of January, Bernard Emby sold around 5m shares on-market at roughly S$0.032 per share. This transaction amounted to 45% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth S$310k. Insiders have been net sellers, collectively disposing of S$990k more than they bought in the last 12 months.
Recent Insider Transactions • Dec 15Insider recently sold S$310k worth of stockOn the 11th of December, Bernard Emby sold around 10m shares on-market at roughly S$0.031 per share. This transaction amounted to 47% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of S$829k more than they bought in the last 12 months.
Recent Insider Transactions • Oct 06Insider recently sold S$111k worth of stockOn the 2nd of October, Bernard Emby sold around 4m shares on-market at roughly S$0.03 per share. This transaction amounted to 15% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of S$474k more than they bought in the last 12 months.
New Risk • Oct 04New minor risk - Insider sellingThere has been significant insider selling in the company's shares over the past 3 months. Total value of shares sold: S$2.6k This is considered a minor risk. There are several reasons why an insider may be selling, including to cover a tax obligation or pay for some other expense. However, we generally consider it a negative if insiders have been selling, especially if they do so below the current price. It implies that they considered a lower price to be reasonable. This is a weak signal, but if there is a pattern of unexplained selling, it can be a sign the insider believes the company's stock is overpriced. Note: We only include open market transactions and private dispositions of directly owned stock by individuals, not by corporations or trusts. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 16% per year over the past 5 years. Shareholders have been substantially diluted in the past year (84% increase in shares outstanding). Market cap is less than US$10m (S$4.64m market cap, or US$3.60m). Minor Risks Share price has been volatile over the past 3 months (11% average weekly change). Significant insider selling over the past 3 months (S$2.6k sold).
お知らせ • Jun 20TrickleStar Limited Announces Board Committees ChangesTrickleStar Limited announced changes to the composition of board committees: The composition of board committees of the company with effect from 19 June 2025 will be as follows: Audit Committee: Jeremy John Figgins-Chairman; Ling Hee Keat-Member; Gunananthan Nithyanantham-Member. Remuneration Committee: Ling Hee Keat-Chairman; Chuah Jern Ern-Member; Harald Weinbrecht-Member. Nominating Committee: Chuah Jern Ern-Chairman; Jeremy John Figgins-Member; Gunananthan Nithyanantham-Member.
お知らせ • Jun 03Tricklestar Limited Announces Directorate and Board Changes, Effect from 2 June 2025The Board of Directors of TrickleStar Limited announced the following: Harald Weinbrecht will be appointed as a Non-Executive Non-Independent Director of the Company with effect from 2 June 2025. Consequent to the aforesaid changes, the composition of the Board of the Company with effect from 2 June 2025 will be as follows: Board of Directors Ling Hee Keat as Non-Executive Independent Chairman, Jeremy John Figgins as Non-Executive Independent Director, Chuah Jern Ern as Non-Executive Independent Director, Gunananthan Nithyanantham as Non-Executive Non-Independent Director, Jason John Clark as Executive Director and Chief Executive Officer and Harald Weinbrecht as Non-Executive Non-Independent Director.
お知らせ • Mar 06TrickleStar Limited, Annual General Meeting, Mar 26, 2025TrickleStar Limited, Annual General Meeting, Mar 26, 2025, at 10:30 Singapore Standard Time. Location: four points by sheraton singapore, riverview elgin room, 382 havelock road, singapore 169629, Singapore
Reported Earnings • Feb 28Full year 2024 earnings released: US$0.008 loss per share (vs US$0.003 loss in FY 2023)Full year 2024 results: US$0.008 loss per share (further deteriorated from US$0.003 loss in FY 2023). Revenue: US$11.5m (up 12% from FY 2023). Net loss: US$665.2k (loss widened 142% from FY 2023). Over the last 3 years on average, earnings per share has increased by 54% per year but the company’s share price has fallen by 48% per year, which means it is significantly lagging earnings.
New Risk • Feb 25New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 81% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (49% average weekly change). Earnings have declined by 29% per year over the past 5 years. Shareholders have been substantially diluted in the past year (81% increase in shares outstanding). Market cap is less than US$10m (S$8.19m market cap, or US$6.12m). Minor Risk Latest financial reports are more than 6 months old (reported June 2024 fiscal period end).
New Risk • Feb 23New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2024. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (41% average weekly change). Earnings have declined by 29% per year over the past 5 years. Market cap is less than US$10m (S$2.61m market cap, or US$1.95m). Minor Risk Latest financial reports are more than 6 months old (reported June 2024 fiscal period end).
お知らせ • Dec 11TrickleStar Limited has filed a Follow-on Equity Offering in the amount of SGD 1.011391 million.TrickleStar Limited has filed a Follow-on Equity Offering in the amount of SGD 1.011391 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 67,426,073 Price\Range: SGD 0.015 Transaction Features: Rights Offering
Board Change • Oct 28Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. No highly experienced directors. Independent Non-Executive Chairman Ling Keat was the last director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.
お知らせ • Oct 03TrickleStar Limited Announces Resignation of Gunananthan Nithyanantham as Executive Director and Chief Operating Officer and Redesignated as Non-Executive Non-Independent DirectorTrickleStar Limited announced that resignation of Mr. Gunananthan Nithyanantham as the Executive Director and Chief Operating Officer, Mr. Guna will be redesignated as Non-Executive Non-Independent Director. Mr. Guna has been a director of TrickleStar Limited since its IPO in June 2019. Before that, he did not have prior experience as a director of public listed companies in Singapore. From January 2012 to December 2017, Mr. Guna joined TrickleStar as finance director of TrickleStar Hong Kong, where he was responsible for overseeing the finances, logistics control and administrative activities of TrickleStar Hong Kong. In January 2015, Mr. Guna became an executive director of both Zernet Limited and CircleBright Limited, where he was responsible for monitoring the strategic direction and overseeing the use of funds of the respective companies. In January 2018, he became the chief executive officer of both Zernet Limited and CircleBright Limited, where he is responsible for managing the overall operations and resources of Zernet Limited and is responsible for overseeing and evaluating investment opportunities for CircleBright Limited. In January 2022, he was redesignated as executive director and chief operating officer of the company.
Board Change • Sep 19Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. No highly experienced directors. Independent Non-Executive Chairman Ling Keat was the last director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.
Board Change • Jun 20Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. No highly experienced directors. Independent Non-Executive Chairman Ling Keat was the last director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.
Board Change • May 15Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. No highly experienced directors. Independent Non-Executive Chairman Ling Keat was the last director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.
Buy Or Sell Opportunity • Apr 12Now 35% undervaluedThe stock has been flat over the last 90 days, currently trading at S$0.10. The fair value is estimated to be S$0.16, however this is not to be taken as a buy recommendation but rather should be used as a guide only.
New Risk • Apr 08New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: S$11.0m (US$8.18m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Shares are highly illiquid. Earnings have declined by 41% per year over the past 5 years. Market cap is less than US$10m (S$11.0m market cap, or US$8.18m).
お知らせ • Apr 05TrickleStar Limited Announces Resignation of Jon Alan Lanning as President of Company, North AmericaTrickleStar Limited announced that the resignation of Jon Alan Lanning as President of company, North America. Mr. Jon Alan Lanning (hereinafter referred to as Mr. Lanning), has tendered his resignation as the company's President of TrickleStar Inc., North America. He is currently serving his notice period, which will conclude on 25 April 2024. Mr. Lanning has tendered his resignation to pursue other opportunities within the North America Energy Efficiency industry and feels this is the proper time to do so after having worked with the Company for eleven plus years.
Reported Earnings • Mar 13Full year 2023 earnings released: US$0.003 loss per share (vs US$0.005 profit in FY 2022)Full year 2023 results: US$0.003 loss per share (down from US$0.005 profit in FY 2022). Revenue: US$10.3m (down 26% from FY 2022). Net loss: US$275.1k (down 162% from profit in FY 2022). Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has fallen by 20% per year, which means it is significantly lagging earnings.
お知らせ • Mar 08TrickleStar Limited, Annual General Meeting, Mar 27, 2024TrickleStar Limited, Annual General Meeting, Mar 27, 2024, at 10:30 Singapore Standard Time. Location: Four Points by Sheraton Singapore, Riverview Elgin Room, 382 Havelock Road, Singapore Singapore Agenda: To consider proposed renewal of the Share Buy-Back Mandate.
Board Change • Mar 08Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. No highly experienced directors. Independent Non-Executive Chairman Ling Keat was the last director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.
お知らせ • Jan 18TrickleStar Limited Announces Resignation of Bernard Christopher Emby as Non-Executive Non-Independent DirectorThe Board of Directors of TrickleStar Limited announced Mr. Bernard Christopher Emby has tendered his resignation as the Non-Executive Non-Independent Director of the Company. Consequent to the aforesaid resignation, as at 19 January 2024, the composition of the Board of the Company shall be as mentioned below: Board of Directors: Mr. Ling Hee Keat, Non-Executive Independent Chairman; Mr. Gunananthan Nithyanantham, Executive Director and Chief Operating Officer; Mr. Chuah Jern Ern, Non-Executive Independent Director; and Mr. Jeremy John Figgins, Non-Executive Independent Director.
お知らせ • Dec 14+ 1 more updateTricklestar Limited Appoints Jason John Clark as Chief Executive Officer, Effective 1 January 2024TrickleStar Limited announced that Following the resignation of Mr. Guna, Mr. Jason John Clark ("Mr Clark"), the current Senior Business Development Manager will be appointed as the Chief Executive Officer of the Company with effect from 1 January 2024.
お知らせ • Dec 13Tricklestar Limited Announces Resignation of Gunananthan Nithyanantham as Acting Chief Executive OfficerTrickleStar Limited announced that Mr. Gunananthan Nithyanantham ("Mr Guna") has tendered his resignation as the Acting Chief Executive Officer ("Acting CEO") of the Company which will conclude on 31 December 2023. Mr. Guna will continue to remain as the Executive Director and Chief Operating Officer. After having interviewed Mr. Guna and to the best of its knowledge, the Company's Sponsor, PrimePartners Corporate Finance Pte. Ltd. is satisfied that save as disclosed in this announcement, there are no other material reasons for the cessation of Mr. Guna as the Acting CEO.
Board Change • Nov 06Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. No highly experienced directors. Independent Non-Executive Chairman Ling Keat was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Recent Insider Transactions • Oct 18Acting CEO recently sold S$109k worth of stockOn the 13th of October, Gunananthan Nithyanantham sold around 610k shares on-market at roughly S$0.18 per share. This transaction amounted to 7.8% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Gunananthan's only on-market trade for the last 12 months.
Board Change • Oct 13Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. No highly experienced directors. Independent Non-Executive Chairman Ling Keat was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Board Change • Sep 25Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. No highly experienced directors. Independent Non-Executive Chairman Ling Keat was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Board Change • Sep 08Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. No highly experienced directors. Independent Non-Executive Chairman Ling Keat was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
New Risk • Aug 17New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: S$13.4m (US$9.83m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Shares are highly illiquid. Earnings have declined by 46% per year over the past 5 years. Market cap is less than US$10m (S$13.4m market cap, or US$9.83m). Minor Risk Large one-off items impacting financial results.
Reported Earnings • Aug 12First half 2023 earnings released: EPS: US$0.001 (vs US$0 in 1H 2022)First half 2023 results: EPS: US$0.001 (up from US$0 in 1H 2022). Revenue: US$5.00m (down 19% from 1H 2022). Net income: US$51.2k (up US$46.9k from 1H 2022). Profit margin: 1.0% (up from 0.1% in 1H 2022). Over the last 3 years on average, earnings per share has fallen by 37% per year but the company’s share price has only fallen by 19% per year, which means it has not declined as severely as earnings.
Board Change • Jul 20Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. No highly experienced directors. Independent Non-Executive Chairman Ling Keat was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
お知らせ • Jul 08Tricklestar Limited Announces Resignation of S Krishnan A/L Sinnappan as Chief Technical Officer Effective 12 July 2023TrickleStar Limited announced resignation of S Krishnan A/L Sinnappan as Chief Technical Officer. Role And Responsibilities: Overseeing all technological interests of TrickleStar products, which includes responsibility for research of new products, drafting specifications and managing product design and development. Reason For Cessation: Mr. S Krishnan A/L Sinnappan (hereinafter referred to as Mr. S Krishnan), has tendered his resignation as the Company's Chief Technical Officer (CTO). He is currently serving his notice period, which will conclude on 12 July 2023. The resignation of Mr. S Krishnan can be attributed to the following reasons: 1. Dissatisfaction with the working environment under the current management. 2. Exclusion of the CTO from decision-making processes concerning technical and product development aspects. 3. Unwillingness to assume responsibility for technical decisions not endorsed by the CTO. The Nominating Committee duly notes Mr. S Krishnan's concerns. The Board is aware of the potential unease he may have experienced due to recent changes within the Company. Consequently, his resignation was not unexpected. Currently, the Company is not actively seeking a replacement for the CTO position. TrickleStar expresses gratitude for Mr. S Krishnan's valuable contributions and dedication during his tenure with the Company. After having interviewed Mr. S Krishnan and the Independent Directors of the Company, the Company's Sponsor, PrimePartner Corporate Finance Pte. Ltd. is satisfied that, to the best of its knowledge, save as disclosed in this announcement, there are no other material reasons for the cessation of Mr. S Krishnan as the CTO.
Board Change • May 16Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. No highly experienced directors. Independent Non-Executive Chairman Ling Keat was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Board Change • Mar 20Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. No highly experienced directors. Independent Non-Executive Chairman Ling Keat was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Reported Earnings • Mar 03Full year 2022 earnings released: EPS: US$0.005 (vs US$0.029 loss in FY 2021)Full year 2022 results: EPS: US$0.005 (up from US$0.029 loss in FY 2021). Revenue: US$13.8m (up 22% from FY 2021). Net income: US$442.6k (up US$2.84m from FY 2021). Profit margin: 3.2% (up from net loss in FY 2021). The move to profitability was primarily driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 66 percentage points per year, which is a significant difference in performance.
Board Change • Mar 01Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. No highly experienced directors. Independent Non-Executive Chairman Ling Keat was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Board Change • Jan 10Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. No highly experienced directors. Independent Non-Executive Chairman Ling Keat was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
お知らせ • Dec 09+ 1 more updateTrickleStar Limited Announces Board ChangesThe Nominating Committee and the board of directors of TrickleStar Limited, having reviewed and considered Mr. Ling Hee Keat's mix of skills, experience, core competencies, knowledge of the Company, his past contribution to the Group, and his ability to have sufficient time and attention for his duties as a Director and Chairman of the Board, approved the appointment of Mr. Ling as Non-Executive Independent Chairman of the Company. Role And Responsibilities: Non-Executive. Job Title: Non-Executive Independent Chairman, Chairman of Remuneration Committee, Member of Audit and Nominating Committees. Mr. Ling has been a Director of TrickleStar Limited since its IPO in June 2019.
Board Change • Dec 09Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. No highly experienced directors. Independent Non-Executive Director Ling Keat was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
お知らせ • Nov 02+ 1 more updateTrickleStar Limited Announces Executive ChangesTrickleStar Limited announced that Mr. Bernard Christopher Emby (Mr Emby) has tendered his resignation as the Chief Executive Officer (CEO) of the Company. The resignation of Mr. Emby as the CEO of the Company will take effect on 28 April 2023. Notwithstanding, Mr. Emby will continue to remain as the Executive Chairman of the Company. Following the resignation of Mr. Emby, in the interim, Mr. Gunananthan Nithyanantham (Mr Guna) will be re-designated from Executive Director and Chief Operating Officer to Acting CEO of the Company with effect from 1 November 2022.
Board Change • Oct 17Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. No highly experienced directors. Independent Non-Executive Director Ling Keat was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Reported Earnings • Aug 17First half 2022 earnings released: EPS: US$0 (vs US$0.003 in 1H 2021)First half 2022 results: EPS: US$0 (down from US$0.003 in 1H 2021). Revenue: US$6.16m (up 8.8% from 1H 2021). Net income: US$4.3k (down 98% from 1H 2021). Profit margin: 0.1% (down from 4.9% in 1H 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 91 percentage points per year, which is a significant difference in performance.
Board Change • Aug 05Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. No highly experienced directors. Independent Non-Executive Director Ling Keat was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Board Change • Jun 30Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. No highly experienced directors. Independent Non-Executive Director Ling Keat was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
お知らせ • Jun 23TrickleStar Limited Ordinary Shares to Be Deleted from OTC EquityTrickleStar Limited Ordinary Shares (Singapore) will be Deleted from OTC Equity effective from June 22, 2022, due to Inactive Security.
Board Change • May 17Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. No highly experienced directors. Independent Non-Executive Director Ling Keat was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
お知らせ • Apr 28TrickleStar Limited Announces Resignation of Ang Teck Soon as Chief Financial OfficerTrickleStar Limited announced the resignation of Ang Teck Soon as Chief Financial Officer, to pursue other career opportunities. Mr. Ang is currently serving his notice period until 31 May 2022 and will continue to act as a consultant to the Company from 1 June 2022 to 31 July 2022, to ensure a smooth transition subsequent to his cessation.
Board Change • Oct 04High number of new directorsLead Independent Director Jeremy Figgins was the last director to join the board, commencing their role in 2019.
Board Change • Sep 14High number of new and inexperienced directorsThere are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. No experienced directors. No highly experienced directors. Executive Chairman & CEO Bernard Emby is the most experienced director on the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.
Reported Earnings • Aug 09First half 2021 earnings released: EPS US$0.003 (vs US$0.006 in 1H 2020)The company reported a poor first half result with weaker earnings, revenues and profit margins. First half 2021 results: Revenue: US$5.66m (down 13% from 1H 2020). Net income: US$275.3k (down 46% from 1H 2020). Profit margin: 4.9% (down from 7.8% in 1H 2020). The decrease in margin was driven by lower revenue.
お知らせ • Mar 12+ 1 more updateTrickleStar Limited Proposes Final Dividend for the Financial Year Ended 31 December 2020TrickleStar Limited at its annual general meeting to be held on 26 March 2021, proposed to approve a final dividend of USD 0.0045 per ordinary share for the financial year ended 31 December 2020.
Reported Earnings • Feb 28Full year 2020 earnings releasedThe company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2020 results: Revenue: US$12.9m (down 12% from FY 2019). Net income: US$712.7k (up 306% from FY 2019). Profit margin: 5.5% (up from 1.2% in FY 2019). The increase in margin was driven by lower expenses.
