Reported Earnings • Apr 11
Full year 2025 earnings released: US$0.011 loss per share (vs US$0.003 profit in FY 2024) Full year 2025 results: US$0.011 loss per share (down from US$0.003 profit in FY 2024). Revenue: US$29.6m (down 25% from FY 2024). Net loss: US$3.88m (down 461% from profit in FY 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 73 percentage points per year, which is a significant difference in performance. Announcement • Apr 07
Sarine Technologies Ltd., Annual General Meeting, Apr 29, 2026 Sarine Technologies Ltd., Annual General Meeting, Apr 29, 2026, at 15:00 Singapore Standard Time. Location: britannia room, level 3, nco club, at the jw marriot singapore south beach hotel, 30 beach rd, singapore 189763, Singapore Reported Earnings • Mar 03
Full year 2025 earnings released: US$0.011 loss per share (vs US$0.003 profit in FY 2024) Full year 2025 results: US$0.011 loss per share (down from US$0.003 profit in FY 2024). Revenue: US$29.6m (down 25% from FY 2024). Net loss: US$3.88m (down 461% from profit in FY 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 77 percentage points per year, which is a significant difference in performance. New Risk • Feb 26
New minor risk - Financial data availability The 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 Risk Earnings have declined by 39% per year over the past 5 years. Minor Risks Latest financial reports are more than 6 months old (reported June 2025 fiscal period end). Market cap is less than US$100m (S$73.2m market cap, or US$58.0m). New Risk • Sep 18
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Singaporean stocks, typically moving 9.1% 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 Earnings have declined by 39% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (9.1% average weekly change). Market cap is less than US$100m (S$92.1m market cap, or US$72.0m). Announcement • Aug 19
Sarine Technologies Ltd. (SGX:U77) completed the acquisition of 33% stake in KITOV AI Ltd for $4.1 million. Sarine Technologies Ltd. (SGX:U77) signed a non-binding letter of intent term sheet to acquire 33% stake in KITOV AI Ltd on February 23, 2025. The transaction is subject to the usual due diligence reviews and to reaching and executing a definitive agreement, a majority share in Kitov.AI against an all-cash consideration.
Sarine Technologies Ltd. (SGX:U77) completed the acquisition of 33% stake in KITOV AI Ltd for $4.1 million on August 18, 2025. The concluded deal includes an initial cash investment of $4.1 million in consideration of a just over 33% stake in Kitov.ai, paid in part to the existing shareholders of Kitov.ai and in part infused into Kitov.ai as working capital. Sarine is also lending Kitov.ai an additional $2.6 million, in the form of a convertible loan, which, not before 01 January 2027 and not after 15 February 2028, can be converted, at Sarine’s sole discretion, into additional equity shares, bringing Sarine's total stake in Kitov.ai to 51%. If Sarine does not convert the the aforesaid convertible loan, the aggregate consideration payable by Sarine for its 33% of Kitov.ai's shares shall be $4.1M and the said convertible loan shall bear interest and be payable to Sarine. Kitov.ai will retain the founding visionaries and the core R&D team, has engaged a new manager of its U.S. operations and will be engaging new C-suite executives and a new Product/Business Manager. Reported Earnings • Aug 13
First half 2025 earnings released: EPS: US$0 (vs US$0.003 in 1H 2024) First half 2025 results: EPS: US$0 (down from US$0.003 in 1H 2024). Revenue: US$15.3m (down 30% from 1H 2024). Net loss: US$166.0k (down 116% from profit in 1H 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 83 percentage points per year, which is a significant difference in performance. New Risk • Aug 12
New major risk - Revenue and earnings growth Earnings have declined by 39% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 39% per year over the past 5 years. Minor Risks Paying a dividend despite being loss-making. Market cap is less than US$100m (S$75.1m market cap, or US$58.4m). Buy Or Sell Opportunity • Aug 11
Now 25% undervalued Over the last 90 days, the stock has risen 4.8% to S$0.22. The fair value is estimated to be S$0.29, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 17% over the last 3 years. Meanwhile, the company has become profitable. Reported Earnings • Apr 08
Full year 2024 earnings released: EPS: US$0.003 (vs US$0.008 loss in FY 2023) Full year 2024 results: EPS: US$0.003 (up from US$0.008 loss in FY 2023). Revenue: US$39.2m (down 8.7% from FY 2023). Net income: US$1.07m (up US$3.88m from FY 2023). Profit margin: 2.7% (up from net loss in FY 2023). The move to profitability was driven by lower expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 77 percentage points per year, which is a significant difference in performance. Announcement • Apr 03
Sarine Technologies Ltd., Annual General Meeting, Apr 24, 2025 Sarine Technologies Ltd., Annual General Meeting, Apr 24, 2025, at 15:00 Singapore Standard Time. Location: the empress ballroom 1, level 2, singapore carlton hotel, 76 bras basah rd., singapore 189558, Singapore Reported Earnings • Feb 27
Full year 2024 earnings released: EPS: US$0.003 (vs US$0.008 loss in FY 2023) Full year 2024 results: EPS: US$0.003 (up from US$0.008 loss in FY 2023). Revenue: US$39.2m (down 8.7% from FY 2023). Net income: US$1.07m (up US$3.88m from FY 2023). Profit margin: 2.7% (up from net loss in FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 76 percentage points per year, which is a significant difference in performance. Reported Earnings • Aug 16
First half 2024 earnings released: EPS: US$0.003 (vs US$0.003 in 1H 2023) First half 2024 results: EPS: US$0.003 (in line with 1H 2023). Revenue: US$21.9m (down 7.8% from 1H 2023). Net income: US$1.02m (up 7.2% from 1H 2023). Profit margin: 4.7% (up from 4.0% in 1H 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 60 percentage points per year, which is a significant difference in performance. Declared Dividend • Aug 15
Dividend of US$0.0075 announced Shareholders will receive a dividend of US$0.0075. Ex-date: 27th August 2024 Payment date: 12th September 2024 Dividend yield will be 3.1%, which is higher than the industry average of 3.0%. Announcement • Apr 03
Sarine Technologies Ltd., Annual General Meeting, Apr 24, 2024 Sarine Technologies Ltd., Annual General Meeting, Apr 24, 2024, at 15:00 Singapore Standard Time. Location: e Empress Ballroom 1, Level 2, at the Singapore, Carlton Hotel, 76 Bras Basah Rd Singapore Singapore Agenda: To receive and consider the audited accounts for the year ended 31 December 2023 and the reports of the directors and auditors thereon; to re-appoint Somekh Chaikin Certified Public Accountants (Isr.), Member firm of KPMG International and Chaikin, Cohen, Rubin and Co., Certified Public Accountants (Isr.) as external auditors and to authorise the Board of Directors to fix their remuneration; to approve 2024 2026 Remuneration Policy; to approve 2024 Remuneration Package for Daniel Benjamin Glinert, Executive Chairman of the Board; to approve 2024 Remuneration Package for David Block, CEO; and to consider other matters. Reported Earnings • Feb 27
Full year 2023 earnings released: US$0.008 loss per share (vs US$0.025 profit in FY 2022) Full year 2023 results: US$0.008 loss per share (down from US$0.025 profit in FY 2022). Revenue: US$42.9m (down 27% from FY 2022). Net loss: US$2.80m (down 132% from profit in FY 2022). Over the last 3 years on average, earnings per share has fallen by 41% 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. Announcement • Jan 19
Sarine Technologies Ltd. Announces Launch of the Most Valuable Planning Software Sarine Technologies Ltd. announced the launch of the Most Valuable Planning software, which yet again redefines the limits of rough diamond planning, generating up to 5% added value from the polished diamonds derived. Sarine has again revolutionised the planning of rough diamonds with its launch of the Most Valuable Planning (MVP) software. The next generation planning algorithm, currently introduced for very small rough diamonds of half a carat and below, generates significant added value to the polished output, dependent also on the quality of the rough on which it is applied. Initial beta runs show up to 5% additional value. The new planning solution is a fully automated cloud-based service, thus also reducing the manpower involved in the planning process, bringing additional cost-savings and efficiencies to the manufacturer. The development of the paradigm will continue so as to be applicable to rough diamonds in the 50-90 points range later this year, and will be further extended in 2025 to larger sizes. MVP will be offered as an optional service to the Advisor® 8.0 rough planning software package, and will be charged on a per-use basis. As the domain which MVP addresses is very extensive (tens of millions of stones of these sizes are scanned annually on Sarine Galaxy® systems and hundreds of millions are polished) and its added value significant, The company expects a new recurring revenue stream to be generated from its adoption over time. The Company also expect the MVP to drive additional sales of the Galaxy® MeteoriteTM Plus and reduce the appeal of illegally infringed IP systems. The MVP is, as aforementioned, cloud based, which provides an additional layer of IP protection in this highly competitive segment. Concurrent with the extension of MVP to the 50-90 point segment of stones, The Company will introduce later this year a new model Galaxy® MeteorTM Plus, with similar throughput and automation benefits as implemented in the Galaxy® MeteoriteTM Plus model. Major Estimate Revision • Nov 22
Consensus revenue estimates fall by 14% The consensus outlook for revenues in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from US$49.1m to US$42.3m. EPS estimate fell from US$0.0065 to US$0.0008 per share. Net income forecast to shrink 49% next year vs 0.5% growth forecast for Machinery industry in Singapore . Consensus price target down from S$0.30 to S$0.25. Share price was steady at S$0.28 over the past week. Major Estimate Revision • Aug 20
Consensus EPS estimates fall by 67% The consensus outlook for earnings per share (EPS) in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from US$51.7m to US$49.1m. EPS estimate also fell from US$0.0198 per share to US$0.0065 per share. Net income forecast to shrink 8.3% next year vs 10% growth forecast for Machinery industry in Singapore . Consensus price target down from S$0.33 to S$0.30. Share price fell 15% to S$0.35 over the past week. New Risk • Aug 16
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: S$124.0m (US$91.3m) This is considered a minor 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 Risk Dividend is not well covered by earnings and cash flows. Payout ratio: 191% Cash payout ratio: 319% Minor Risks Profit margins are more than 30% lower than last year (6.2% net profit margin). Market cap is less than US$100m (S$124.0m market cap, or US$91.3m). Reported Earnings • Aug 16
First half 2023 earnings released: EPS: US$0.003 (vs US$0.019 in 1H 2022) First half 2023 results: EPS: US$0.003 (down from US$0.019 in 1H 2022). Revenue: US$23.7m (down 24% from 1H 2022). Net income: US$953.0k (down 85% from 1H 2022). Profit margin: 4.0% (down from 21% in 1H 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 1.9% p.a. on average during the next 2 years, compared to a 15% growth forecast for the Machinery industry in Singapore. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has increased by 21% per year, which means it is tracking significantly ahead of earnings growth. New Risk • Aug 14
New major risk - Dividend sustainability The dividend is not well covered by earnings and cash flows. Payout ratio: 274% Cash payout ratio: 318% Dividend yield: 10% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risk Dividend is not well covered by earnings and cash flows. Payout ratio: 274% Cash payout ratio: 318% Minor Risk Profit margins are more than 30% lower than last year (6.2% net profit margin). Announcement • Jul 07
Sarine Technologies Ltd. Announces the Introduction of Carbonvero Sarine Technologies Ltd. announced the introduction of CarbonVERO, a ground-breaking unique offering that meticulously records the energy consumption and carbon footprint of each individual diamond, from its origin as mined rough to its exquisite polished form. The resultant exhaustive data is made accessible via Sarine's Diamond Journey traceability solution. This pioneering innovation is the result of a strategic collaboration with highly respected diamond manufacturer and trader Andre Messika Ltd. and The Carbon Trust, a renowned authority in carbon emissions assessment. never before has a rough diamond manufacturing facility measured each individual stage of the cutting and polishing process to achieve a cumulative result on the process' environmental impact. This data will now be accrued and accessible as another layer of information in Sarine's Diamond Journey traceable reporting, covering scopes 1, 2 and 3 data - from the mined source extraction process through to the cutting and polishing of the final product, with further capability to include freight and distribution impacts from the factory right up until the polished diamond reaches the customer's door. Andre Messika Ltd. will apply CarbonVERO, a construct for capturing raw data, to all its Namibian sourced diamonds, providing supply chain insights and adding a new layer to traceability - tracing the carbon impact. While many organizations are undertaking various types of carbon footprinting, this is the first time in the diamond industry where the actual measurement and calculation of the energy consumption and CO2 emissions from mined rough to polished gem for each individual diamond will be provided. CarbonVERO will empower both B2B manufacturers and B2C diamond brands to disclose key environmental impact data transparently to their customers. Board Change • Jul 01
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 3 highly experienced directors. Independent Director Boon Ann Sin was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Announcement • May 24
Sarine Technologies Ltd. Approves the Final Dividend for the Year Ended 31 December 2022 Sarine Technologies Ltd. approved the final dividend of US cent 1.0 (gross) per share less tax (as applicable) for the year ended 31 December 2022, at the AGM held on April 24, 2023. Announcement • May 12
Sarine Technologies Ltd. (SGX:U77) completed the acquisition of 70% stake in Gem Certification & Assurance Lab, Inc. from Palmieri Family for $5.65 million. Sarine Technologies Ltd. (SGX:U77) signed a non-binding MOU to acquire an unknown majority stake in Gem Certification & Assurance Lab, Inc. from Palmieri Family on January 11, 2023. Under the terms of the transaction, Sarine will pay the consideration in all cash. The transaction is subject to the due diligence reviews and to reaching and executing a definitive agreement.
Sarine Technologies Ltd. (SGX:U77) completed the acquisition of 70% stake in Gem Certification & Assurance Lab, Inc. from Palmieri Family on May 9, 2023. Upcoming Dividend • Apr 21
Upcoming dividend of US$0.01 per share at 9.1% yield Eligible shareholders must have bought the stock before 28 April 2023. Payment date: 12 May 2023. Payout ratio and cash payout ratio are on the higher end at 100% and 88% respectively. Trailing yield: 9.1%. Within top quartile of Singaporean dividend payers (6.3%). Higher than average of industry peers (3.8%). Major Estimate Revision • Mar 01
Consensus EPS estimates fall by 37% The consensus outlook for earnings per share (EPS) in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from US$56.6m to US$51.7m. EPS estimate also fell from US$0.031 per share to US$0.02 per share. Net income forecast to shrink 13% next year vs 9.9% growth forecast for Machinery industry in Singapore . Consensus price target down from S$0.46 to S$0.33. Share price fell 2.5% to S$0.39 over the past week. Major Estimate Revision • Aug 15
Consensus forecasts updated The consensus outlook for 2022 has been updated. 2022 EPS estimate increased from US$0.03 to US$0.03. Revenue forecast unchanged at US$57.2m. Net income forecast to grow 9.8% next year vs 8.3% growth forecast for Machinery industry in Singapore. Consensus price target broadly unchanged at S$0.50. Share price rose 2.6% to S$0.40 over the past week. Reported Earnings • Aug 09
First half 2022 earnings released First half 2022 results: Revenue: (down 100% from 1H 2021). Net income: (down US$12.6m from profit in 1H 2021). Profit margin: (down from 35% in 1H 2021). The decrease in margin was driven by lower expenses. Over the next year, revenue is forecast to grow 1.7%, compared to a 2.7% growth forecast for the industry in Singapore. Over the last 3 years on average, earnings per share has increased by 93% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth. Major Estimate Revision • May 20
Consensus forecasts updated The consensus outlook for 2022 has been updated. 2022 EPS estimate increased from US$0.02 to US$0.03. Revenue forecast steady at US$57.2m. Net income forecast to shrink 40% next year vs 3.9% growth forecast for Machinery industry in Singapore . Consensus price target up from S$0.46 to S$0.50. Share price rose 10% to S$0.47 over the past week. Upcoming Dividend • Apr 29
Upcoming dividend of US$0.01 per share Eligible shareholders must have bought the stock before 06 May 2022. Payment date: 19 May 2022. Payout ratio is a comfortable 43% and this is well supported by cash flows. Trailing yield: 5.7%. Lower than top quartile of Singaporean dividend payers (5.8%). Lower than average of industry peers (7.1%). Reported Earnings • Apr 06
Full year 2021 earnings: EPS and revenues miss analyst expectations Full year 2021 results: EPS: US$0.047 (up from US$0.007 in FY 2020). Revenue: US$62.1m (up 52% from FY 2020). Net income: US$16.5m (up US$14.1m from FY 2020). Profit margin: 27% (up from 5.8% in FY 2020). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 4.9%. Earnings per share (EPS) also missed analyst estimates by 100%. Over the next year, revenue is expected to shrink by 8.0% compared to a 16% growth forecast for the industry in Singapore. Over the last 3 years on average, earnings per share has increased by 79% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth. Reported Earnings • Feb 28
Full year 2021 earnings: EPS and revenues miss analyst expectations Full year 2021 results: EPS: US$0.047 (up from US$0.007 in FY 2020). Revenue: US$62.1m (up 52% from FY 2020). Net income: US$16.5m (up US$14.1m from FY 2020). Profit margin: 27% (up from 5.8% in FY 2020). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 4.9%. Earnings per share (EPS) also missed analyst estimates by 100%. Over the next year, revenue is forecast to grow 15%, compared to a 37% growth forecast for the industry in Singapore. Over the last 3 years on average, earnings per share has increased by 79% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth. Recent Insider Transactions Derivative • Aug 19
Key Executive exercised options to buy S$255k worth of stock. On the 10th of August, Daniel Glinert exercised options to buy 375k shares at a strike price of around S$0.37, costing a total of S$138k. This transaction amounted to 3.0% of their direct individual holding at the time of the trade. Since December 2020, Daniel has owned 12.36m shares directly. Company insiders have collectively sold S$2.7m more than they bought, via options and on-market transactions in the last 12 months. Major Estimate Revision • Aug 11
Consensus EPS estimates increase to US$0.039 The consensus outlook for earnings per share (EPS) in 2021 has improved. 2021 revenue forecast increased from US$53.3m to US$58.5m. EPS estimate increased from US$0.031 to US$0.039 per share. Net income forecast to shrink 3.7% next year vs 31% growth forecast for Machinery industry in Singapore . Consensus price target up from S$0.77 to S$0.88. Share price was steady at S$0.77 over the past week. Reported Earnings • Aug 09
First half 2021 earnings released: EPS US$0.036 (vs US$0.003 in 1H 2020) The company reported a strong first half result with improved earnings, revenues and profit margins. First half 2021 results: Revenue: US$36.0m (up 61% from 1H 2020). Net income: US$12.6m (up US$11.4m from 1H 2020). Profit margin: 35% (up from 5.2% in 1H 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Reported Earnings • Apr 10
Full year 2020 earnings released: EPS US$0.007 (vs US$0.004 loss in FY 2019) The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2020 results: Revenue: US$41.0m (down 20% from FY 2019). Net income: US$2.37m (up US$3.74m from FY 2019). Profit margin: 5.8% (up from net loss in FY 2019). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 55% per year but the company’s share price has only fallen by 20% per year, which means it has not declined as severely as earnings. Reported Earnings • Mar 02
Full year 2020 earnings released The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2020 results: Revenue: US$41.0m (down 20% from FY 2019). Net income: US$2.37m (up US$3.74m from FY 2019). Profit margin: 5.8% (up from net loss in FY 2019). The move to profitability was driven by lower expenses. Recent Insider Transactions • Jan 19
Insider recently sold S$1.9m worth of stock On the 15th of January, Hanoh Stark sold around 5m shares on-market at roughly S$0.43 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of S$2.9m more than they bought in the last 12 months. Recent Insider Transactions • Jan 12
Insider recently sold S$931k worth of stock On the 8th of January, Hanoh Stark sold around 2m shares on-market at roughly S$0.45 per share. This was the largest sale by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months. Announcement • Jan 09
Digital Tenders Utilising Sarine Technologies Evolving as Preferred Platform for Rough Trading Sarine Technologies Ltd. announced that its technology for digital tenders of rough diamonds is gaining traction, enabling the market to trade rough diamonds ef iciently and safely, overcoming pandemic impediments. Sarine's solution provides both rough diamond producers and secondary wholesale tender houses, along with rough diamond buyers, with the ability to trade rough more ef iciently than ever before. The diamonds are initially scanned on Sarine's DiaExpert® and Galaxy® systems for external and internal mapping of their features. Once scanned an Advisor® planning file is created, which provides potential customers with the ability to plan and determine the true value of the polished diamonds that can be derived from each rough diamond, in accordance with their specific in-house criteria and priorities, thereby ascertaining on which diamonds they should optimally bid. Is New 90 Day High Low • Jan 08
New 90-day high: S$0.45 The company is up 82% from its price of S$0.24 on 08 October 2020. The Singaporean market is up 13% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Machinery industry, which is up 13% over the same period. Is New 90 Day High Low • Dec 23
New 90-day high: S$0.38 The company is up 60% from its price of S$0.23 on 24 September 2020. The Singaporean market is up 12% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Machinery industry, which is up 2.0% over the same period. Is New 90 Day High Low • Nov 05
New 90-day high: S$0.35 The company is up 63% from its price of S$0.21 on 07 August 2020. The Singaporean market is down 3.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Machinery industry, which is down 30% over the same period. Is New 90 Day High Low • Oct 16
New 90-day high: S$0.26 The company is up 27% from its price of S$0.20 on 17 July 2020. The Singaporean market is down 3.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Machinery industry, which is down 30% over the same period. Announcement • Sep 22
Sarine Technologies to Adapt Automated 4Cs Grading to Tiffany & Co. Requirements Sarine Technologies Ltd, announced that it is working with Tiffany & Co. to adapt its artificial intelligence based grading technology to Tiffany's stringent grading guidelines and criteria. The aim to perfect the way diamonds are graded and to ensure consistent and accurate grading is a key element in securing consumers' trust in diamonds. Sarine has invested significant R&D efforts and has been at the forefront of this quest, employing computer vision, advanced software algorithms, machine learning and AI to realize technology-based AI-driven objective grading. Sarine's automated grading technology substantially removes subjective human error and bias from the grading process, enabling a new level of accuracy, reliability and consistency. Sarine and Tiffany will now be working closely together to further develop and adapt Sarine's solution to meet Tiffany's discriminating grading standards for Color and Clarity. Sarine's automated grading technology, introduced in early 2018, was developed to be 'GIA compatible', meaning the basis for the machine learning and grading was the GIA grading system. Tiffany's stringent grading standards pose additional challenges, which require further refinement to adapt the paradigm to Tiffany's requirements. Sarine Technologies entered into a strategic cooperation with Tiffany in 2011, the purpose then was to develop an automated system for the grading of a polished diamond's symmetry to standards set by Tiffany.