Latest Forum Topics /
Trek 2000 Intl
Last:0.26
-0.03
|
 Post Reply
|
|
Trek 2000--- the next multi bagger 2014/2015
|
|||||
|
tofudidi
Supreme |
03-Jun-2026 13:38
|
||||
|
x 0
x 0 Alert Admin |
Next long candle coming. Should break 30c | ||||
| Useful To Me Not Useful To Me | |||||
|
tongphlp
Supreme |
02-Jun-2026 10:40
|
||||
|
x 0
x 0 Alert Admin |
run
|
||||
| Useful To Me Not Useful To Me | |||||
|
|
|||||
|
shk363
Elite |
02-Jun-2026 10:39
|
||||
|
x 0
x 0 Alert Admin |
he cut loss at $0.12 !
|
||||
| Useful To Me Not Useful To Me | |||||
|
Cadence88
Veteran |
02-Jun-2026 08:47
|
||||
|
x 0
x 0 Alert Admin |
$0.43 ... it' s available in public domain don' t be lazy.
|
||||
| Useful To Me Not Useful To Me | |||||
|
shk363
Elite |
31-May-2026 21:56
|
||||
|
x 0
x 0 Alert Admin |
what is ron sim's cost price?
|
||||
| Useful To Me Not Useful To Me | |||||
|
|
|||||
|
Taylor
Elite |
31-May-2026 19:53
|
||||
|
x 0
x 0 Alert Admin |
Osim Roy Sim lost almost $8m Azure capital immediately gain $0.17 CTS Good deal | ||||
| Useful To Me Not Useful To Me | |||||
|
Joelton
Supreme |
30-May-2026 13:45
|
||||
|
x 0
x 0 Alert Admin |
Trek 2000 shares jump 26% after Osim founder Ron Sim drops claims, sells 7.3% stake to Azure Capital With a reduced holding of 2%, he ceases to be a substantial shareholder [SINGAPORE] Fund manager Azure Capital has become a substantial shareholder of Trek 2000 International, the company known for its ThumbDrive USB flash drive. In a bourse filing on Thursday (May 28), Trek said that Azure Capital acquired 22,074,000 ordinary shares, representing about 7.3 per cent of its issued share capital. The shares were bought from Osim founder Ron Sim, pursuant to a share-purchase agreement they had entered into on May 11. The consideration of over S$2.6 million works out to S$0.12 per share. The transaction was completed on Tuesday. The counter surged 26.8 per cent or S$0.055 to S$0.26 as at 9.20 am on Friday, after the announcement. By the midday trading break, Trek had pared some gains but was still up 14.6 per cent or S$0.03 at S$0.235, after 2.2 million shares were traded. Terence Wong, founder and CEO of Azure Capital, noted that Trek has &ldquo delivered a step up in profitability&rdquo . He added that the company&rsquo s &ldquo patented wireless memory technologies position it to participate in the growing demand for high-performance, data-intensive applications&rdquo driven by the adoption of artificial intelligence. With the deal completed, Sim&rsquo s stake in Trek is now down to 2 per cent, from 9.3 per cent previously. He therefore ceases to be a substantial shareholder of the company. Trek&rsquo s other substantial shareholders are executive chairman and group president Wayne Tan, Kioxia Corporation, CTI II and Creative Technology. Backing off In a separate announcement on Thursday, Trek said that Sim and Osim have confirmed they &ldquo will not proceed further&rdquo with legal claims previously filed against the company, Wayne Tan and his father, former executive chairman Henn Tann. The claims stemmed from legal letters that Sim and Osim had sent in 2024 and 2025. The initial correspondence alleged that Henn Tan, who stepped down in 2018, had made fraudulent misrepresentations that were relied upon when Sim and Osim bought Trek shares in 2015. It was also alleged that Sim had been treated &ldquo unfairly and contrary to his legitimate expectations as a minority shareholder&rdquo . Describing the situation as a &ldquo legacy shareholder matter&rdquo , Wayne Tan said that the company&rsquo s board and management &ldquo remain focused on executing our growth strategy across memory, AI-related and renewable energy solutions&rdquo . In 2022, Henn Tan was sentenced to one year and four months in jail for accounting fraud that concealed Trek&rsquo s weak financial performance. Zooming in on storage, AI, renewables Trek said that it has &ldquo developed patented wireless memory technologies that integrate NAND and DRAM systems for high-speed, data-intensive applications&rdquo . These technologies, it added, support the group&rsquo s strategic partnership with software company Aboard AI to &ldquo co-develop an AI-powered aviation solution&rdquo that is expected to bring in more than US$15 million in revenue through FY2027. Trek reported a net profit of US$4.6 million for FY2025, jumping nearly 12 times from the earnings of US$335,000 it reported for the year before, despite a 1.1 per cent decline in revenue to US$19.6 million. The company said that its Artificial Intelligence of Things (AIoT) division accounted for 93.2 per cent of sales revenue during the year. It added that it will ramp up innovation to &ldquo enhance its core storage and AIoT solutions&rdquo , while developing and marketing its AI and renewable energy-related offerings. Trek was placed on the Singapore Exchange watch list in June 2023. The list was abolished in October 2025 as part of a move towards a more disclosure-based framework. Issuers must still disclose if they record losses for three consecutive years. Shares of Trek rose 28.9 per cent or S$0.046 to close at S$0.205 on Thursday, before the news. |
||||
| Useful To Me Not Useful To Me | |||||
|
treetops
Elite |
29-May-2026 16:17
Yells: "Moments Today, Memories Tomorrow!" |
||||
|
x 0
x 0 Alert Admin |
Trek 2000 International is authorized by shareholders to repurchase up to 30.7 million shares (representing 10% of its issued share capital) under its current mandate. Recent filings up to April indicate that the technology company has repurchased around 4.3 million shares under this buyback program. |
||||
| Useful To Me Not Useful To Me | |||||
|
|
|||||
|
treetops
Elite |
29-May-2026 15:51
Yells: "Moments Today, Memories Tomorrow!" |
||||
|
x 0
x 0 Alert Admin |
It really is incredible to look back at the impact Trek 2000 International had. The ThumbDrive completely shifted the paradigm of personal computing. It is hard to overstate just how quickly it made the floppy disk obsolete and became an absolute daily necessity for anyone moving digital files. The next frontier for portable storage isn' t just about holding more data, but making that data smarter. If a legacy hardware innovator were to lean into the AI era, we could see some pretty amazing leaps forward. It will definitely be interesting to see if the pioneers of the early 2000s tech boom can catch lightning in a bottle twice by adapting to today' s technology. |
||||
| Useful To Me Not Useful To Me | |||||
|
TraderBen
Supreme |
29-May-2026 09:11
|
||||
|
x 0
x 0 Alert Admin |
there is no way to sell in open market also .. the float so low..
|
||||
| Useful To Me Not Useful To Me | |||||
|
SmallSmall
Supreme |
29-May-2026 09:06
|
||||
|
x 0
x 0 Alert Admin |
FOR IMMEDIATE RELEASE Trek secures strategic investment from Azure Capital with substantial shareholding of 7.3% &bull Azure Capital, founded by Terence Wong, sees Trek' s memory and AI-related IP portfolio as the investment case. &bull Mr. Ron Sim and OSIM withdraw the legal claims previously notified against the Company and its directors. &bull Acquisition adds a long-term shareholder as Trek executes its multi-year turnaround. |
||||
| Useful To Me Not Useful To Me | |||||
|
gosharej
Senior |
13-May-2026 11:25
|
||||
|
x 0
x 0 Alert Admin |
this counter BB thought all retail buyers are stupid investors, can bully. The fund bought at 0.12, only invest 3mil sg, now up 55%, the fund has earned 1.5 mil sgd, so easy meh/ Is a shark | ||||
| Useful To Me Not Useful To Me | |||||
|
|
|||||
|
ahberngh
Elite |
13-May-2026 11:12
|
||||
|
x 0
x 0 Alert Admin |
Yes, rising too fast. Watch at the sidelines first. |
||||
| Useful To Me Not Useful To Me | |||||
|
kye_lin
Master |
13-May-2026 11:05
|
||||
|
x 0
x 0 Alert Admin |
Low liquidity. Cheong up fast... cheong down also fast... be careful | ||||
| Useful To Me Not Useful To Me | |||||
|
TraderBen
Supreme |
13-May-2026 10:55
|
||||
|
x 0
x 0 Alert Admin |
i want to buy 100 lots also hard leh.. lol
|
||||
| Useful To Me Not Useful To Me | |||||
|
ahberngh
Elite |
13-May-2026 10:52
|
||||
|
x 0
x 0 Alert Admin |
From my understanding, this one over the years has produced many good products. The unfortunate thing is that the business side was a bit shady, ending with the founder being in trouble with the law. I think maybe this aspect is over, with prominent investors going in. Am looking at this, with a view to invest a bit for long term. Just my opinion, please dyodd. |
||||
| Useful To Me Not Useful To Me | |||||
|
TraderBen
Supreme |
13-May-2026 10:32
|
||||
|
x 0
x 0 Alert Admin |
wan to buy also hard.. so low liquidity.. | ||||
| Useful To Me Not Useful To Me | |||||
|
SmallSmall
Supreme |
13-May-2026 10:15
|
||||
|
x 0
x 0 Alert Admin |
Whoever shorted this blue black eyes....$0.184 +$0.068
|
||||
| Useful To Me Not Useful To Me | |||||
|
Joelton
Supreme |
13-May-2026 10:14
|
||||
|
x 0
x 0 Alert Admin |
Azure' s Wong emerges as substantial shareholder of Trek 2000 after married deal at 12 cents Terence Wong, who runs the Azure Singapore Equity Fund, has emerged as a substantial shareholder of Trek 2000 International after acquiring a 7.3% stake on May 11 at a premium over the then market price. According a filing by Trek 2000 on May 12, Wong is paying 12 cents each for 22,074,000 shares. In absolute terms, that' s $2,648,880. The deal is pending completion. As indicated in Trek 2000' s annual report, as of March 24, Ron Sim, Osim' s founder, holds 9.3% Creative Technology holds 9.09% while Kioxia Corp, formerly Toshiba' s memory business, has a total interest of more than 17%. Wayne Tan, executive chairman of the company, is the single largest shareholder with total interest of 35.54%. Trek 2000 shares closed at 12 cents on May 12, up 10.48% for the day. |
||||
| Useful To Me Not Useful To Me | |||||
|
SmallSmall
Supreme |
13-May-2026 10:00
|
||||
|
x 0
x 0 Alert Admin |
Azure' s Wong emerges as substantial shareholder of Trek 2000 after married deal at 12 centsTerence Wong, who runs the Azure Singapore Equity Fund, has emerged as a substantial shareholder of Trek 2000 International after acquiring a 7.3% stake on May 11 at a premium over the then market price.
According a filing by Trek 2000 on May 12, Wong is paying 12 cents each for 22,074,000 shares. In absolute terms, that' s $2,648,880. The deal is pending completion. As indicated in Trek 2000' s annual report, as of March 24, Ron Sim, Osim' s founder, holds 9.3% Creative Technology holds 9.09% while Kioxia Corp, formerly Toshiba' s memory business, has a total interest of more than 17%. Wayne Tan, executive chairman of the company, is the single largest shareholder with total interest of 35.54%. Trek 2000 shares closed at 12 cents on May 12, up 10.48% for the day. |
||||
| Useful To Me Not Useful To Me | |||||