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Aztech Global listed in March 2021 at S$1.28 per share. Its current share price has plunged by a jaw dropping -47% to S$0.675 per share since IPO. I can’t help but feel a sense of Deja Vu as Aztech reminded me of the many short drama plots about “Reborn” and reliving a previous life. Back in March 8, 2021, I have posted a blog on 5 reasons on why I will be giving this IPO a miss. Given that Aztech just recently announced a -21.2% drop in net profit to S$10.8Mil for 3rd quarter ending September 30, 2025 as well as declining revenue for 3rd quarter with a horrendous -19.9% plunge to S$133.5Mil from S$166.7Mil, the probability of it following the old playbook of privatising at a huge discount seems to be imminent (personal thoughts only).
Aztech is another classic example of why retail investors should not be too
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