Vriddhi Consulting

Punit Khanna

Focused on Asian Small-mid cap market space with long term investment horizon.

Singapore Banks - Charge off Rates on Cards Are Rising Substantially Through 4Q24

Independent Insight Provider

Equity Bottom-Up

<ul>
<li>Spindex is an illiquid but well managed company listed in Singapore</li>
<li>It trades at less than 2X EV/EBDITA multiple  while its competitor Innovalues got privatised at 9 X EV/EBDITA</li>
<li>With 60% of market cap in cash, ex-cash current assets are more than total liabilities, offering limited downside</li>
</ul>


Spindex is an illiquid but well managed company listed in Singapore
It trades at less than 2X EV/EBDITA multiple  while its competitor Innovalues got privatised at 9 X EV/EBDITA
With 60% of market cap in cash, ex-cash current assets are more than total liabilities, offering limited downside


스핀인덱스(SPE SP) 유동성은 낮지만 매우 저렴한 회사

Spindex Industries

스핀인덱스(SPE SP) 유동성은 낮지만 매우 저렴한 회사