Framework Journal · one stock, one dated entry

Recorded 2025-12-31 · Permanent

Ten League International Holdings Ltd TLIH

Outside both standards

An entry written while the outcome is still unknown. It will be scored by what the market does next, and it will never be edited to look cleverer than it was.

In plain words · Ten-League International Holdings Limited, through its subsidiaries, engages in the sale of heavy equipment and parts in Singapore and internationally.

The label
Markup

read at $5.70

Ten League International Holdings Ltd holds its Markup at $5.70.

PHINPOOPSC
  • PHPhase · the trend structure carries the Markup label
  • INInsiders · no filings inside 60 days, left as found
  • POPositioning · no disclosures inside 60 days, left as found
  • OPOptions · no verdict drawn today, left as found
  • SCScreen · does not pass the values gate
  • edge confirmed
  • edge broken
  • edge forming

Each arm is one independent read. Conviction is not a single call, it is how many edges converge.

The investor read · the season, not the day

As held on the ledger · 2025-12-31
PhaseMarkup
Quantitative stateConsolidating, no directional conviction, held for 23 days
Price$5.70
Valuation3.70 trailing · N/A forward price to earnings
Values screenFAIL · score 70.0
BetaN/A

The business, in plain words · what the numbers mean

The fundamentals · plain-English read
Trailing P/E3.7x
very cheap relative to earnings
Revenue growth39.9%
strong top-line growth
Profit margin7.3%
thin but positive margins
Return on equity48.8%
an exceptional return on shareholder capital
Debt to equity1.86
a meaningful debt load worth watching
Current ratio0.87
below 1 — short-term bills exceed liquid assets
Market cap$17M

The risks · The things to watch: it's a small-cap, so the share price can swing harder than the market; its business and earnings are exposed to Singapore and to currency swings; it carries a real debt load, which raises the stakes if revenue slips.

Plain-English interpretation of our own screen data. Analysis, not advice.

Related securities · others in TLIH's space worth a look

Screened names in the same industry · explore each on its own page.

The trader read · the latest dated commentary

The framework has shifted from markdown to markup since the last review. Price is trending higher with momentum. The crowd has caught on and buyers are in control. Price has moved up 30.1% since our last review. Ethical screening: FAIL. This security does not pass our values-based screening criteria. The risk-adjusted return profile shows negative risk-adjusted returns. Our composite framework grades it C. Technically it is sitting below its long-term trend line with momentum reading neutral. Our forward projection puts the odds of a 10% gain over the next month near 18%. Entered 2026-08-14 · Markup

The dated journal · newest first, never edited

2026-08-14 Markup · changed $5.70 +30.1% Entry 4

The framework has shifted from markdown to markup since the last review. Price is trending higher with momentum. The crowd has caught on and buyers are in control. Price has moved up 30.1% since our last review. Ethical screening: FAIL. This security does not pass our values-based screening criteria. The risk-adjusted return profile shows negative risk-adjusted returns. Our composite framework grades it C. Technically it is sitting below its long-term trend line with momentum reading neutral. Our forward projection puts the odds of a 10% gain over the next month near 18%.

2026-07-18 Markdown $4.38 +0.0% Entry 3

The framework reads markdown. Price is trending lower. Sellers are in control and the prior trend has reversed. Price has moved down 0.0% since our last review. Ethical screening: PASS with passing ethical screen. The risk-adjusted return profile shows negative risk-adjusted returns. Our composite framework grades it C. Technically it is sitting below its long-term trend line with momentum reading neutral. Our forward projection puts the odds of a 10% gain over the next month near 18%.

2026-07-03 Markdown $4.38 +0.0% Entry 2

The framework reads markdown. Price is trending lower. Sellers are in control and the prior trend has reversed. Price has moved down 0.0% since our last review. Ethical screening: PASS with passing ethical screen (70). The risk-adjusted return profile shows negative risk-adjusted returns.

2026-07-02 Markdown $4.38 Entry 1

The framework reads markdown. Price is trending lower. Sellers are in control and the prior trend has reversed. Ethical screening: PASS with passing ethical screen (70). The risk-adjusted return profile shows negative risk-adjusted returns.

Each entry above was written on its date, before the outcome. A journal you can prune is not a journal.

What holding actually paid · price plus dividends

If $1,000 had been placed · historical, not a promise
PeriodPrice thenPrice returnDivs per share$1,000 becameTotal return
1 month $3.72 +16.1% · $1,161 +16.1%
2 months $2.66 +62.4% · $1,624 +62.4%
3 months $2.98 +45.0% · $1,450 +45.0%
6 months $4.31 +0.2% · $1,002 +0.2%

Historical returns from market close data. Past performance does not guarantee future results.

This entry now belongs to the ledger. Whatever TLIH does next, these words stay.

Ten League International Holdings Ltd · TLIH · Markup · $5.70
Recorded 2025-12-31 · before the outcome · scored mechanically

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