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Anonymous
Shares of Creative Tech continued their climb on Monday, days after the mainboard-listed company unveiled its Super X-Fi products in China remotely.
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Kenneth Lou
17 Jun 2020
Co-founder at Seedly
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Billy
16 Jun 2020
Development & Acquisitions Manager at Real Estate Private Equity
Hi! The reason for the rally:
https://www.businesstimes.com.sg/companies-mark...
I feel the hayday for Creative Technologies is gone. Feels more like a pump and dump kind of stock. Looking at its financials, not really consistent in terms of earnings. Revenue looks to be decreasing for the past 4 years. Not a stock that I'd be comfortable holding long-term
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I think this is also a clear pump-and-dump.
Their products from a consumer POV just pales in comparison on both price points an quality vs the other products out there and obviously Apple with their whole ecosystem.