$CORDLIFE GROUP LIMITED(P8A.SI)$
They aseemed to have managed to get their costs under control. But is unable turn bigger blockbuster numbers from the high population countries they have an operating presence in. The management's eagerness in selling their only China foothold via the convertibles resulted in it being sold too cheaply. The share price never recovered after that.
Compared to their Taiwanese and USA peers - the board of this SGX listed entity has been a disappointment although it has made great strides in their turnaround since selling off their China stranglehold too cheaply. Great margins and highly scalable model. With low NPL. How could it have not been more successful than it is now?
This little puppy will come back. If not, all the govt efforts in boosting Singapore births has also been in vain.
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