Timeless Software Limited

Timeless Property
We warned readers last month about Timeless Software's excessive valuation ahead of its listing on GEM. Now in a new year's eve announcement we see that it has spent 40% of its IPO proceeds on a luxury 79th floor office in Central, a spectacular office at a spectacular price. This company is morphing into a property investor. We'll tell you what we think it is really worth...(31-Dec-99)

Time Out for Timeless
We take a look at Timeless Software, one of the first listings on the new GEM market which begins trading on 25-Nov-99, and are disappointed by what we find. The valuation is ridiculous and there is a potential back-door to allow directors to sell shares in the next month. (24-Nov-99)

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