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Tern – good news travels fast, bad news is delayed

By Tom Winnifrith, the Sheriff of AIM | Monday 20 December 2021

Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.

Tern (TERN) is reluctant to disclose financial information about the portfolio of Tern’s investments citing commercial confidentiality.  All of its portfolio investees file abbreviated accounts excluding profit and loss account and cashflow statement as they are permitted to do and Tern rarely publishes any financial information about the investee companies. 

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