As from April 2013 my Journey in Investing is to create Retirement Income for Life till 85 years old in 2041 for two persons over market cycles of Bull and Bear.

Since 2017 after retiring from full-time job as employee; I am moving towards Investing Nirvana - Freehold Investment Income for Life investing strategy where 100% of investment income from portfolio investment is cashed out to support household expenses i.e. not a single cent of re-investing!

Currently; it about 54% to destination!


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Tuesday, 24 August 2021

Local Market SGX Not many multi-baggers - Fact or Fiction?

 Read? IS THE LOCAL STOCK MARKET DEAD?

Read? 10% dividend yield for 10 years? Fact or Fiction? (2) - updated after 9 yrs!

Read? Cut your losses short and let your winners run??? (2)

Read? Just a few multi-baggers may be enough for your kid's university fund - Updated

Uncle8888 smiled when he read this

Over the past 30 years or so, there are only a handful of multi-baggers. Of course, if our timing is perfect, we can hit a few multi-baggers in some super-penny stocks, but even that a lot of them are not able to maintain their highs, sliding down almost as fast. Medtecs Investors in the mid-cap space is a good example. iFast, Frencken and Wilmar International made the grade of multi-baggers. Nanofilm almost made through, but the recent slide had defied it. Going back into the 90s till now, perhaps OCBC is one of them. Furthermore, OCBC made a share split in 2005 and should have at least doubled by today. DBS could also be a 3x-bagger if one gets his timing right by buying it during the global financial crisis. It hit its all-time high just ten days ago, but was quickly pulled back even to below $30 level before regaining some terroitory to above $30 as of yesterday. There could have more, such as OSIM and Cerebos International, but they have all been de-listed. So, on the whole, there are really not many multi-baggers. Even that, we need to be pin-point accurate in our timing in buying and selling them.

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We can't find blue chips multi-baggers over past 30 yrs in local market, SGX?

Fact or fiction?

Those lucky veterans! Read? Keppel Corporation Retail Shareholders' Day.

Holding Freehold multi-baggers to generate dividend income for life may also be possible! 100% passive income!















11 comments:

  1. Definitely does not apply to you! :-)
    Every Market Will Come Out a Scholar!

    ReplyDelete
    Replies
    1. I think Market also follows normal distribution curve; there will be those who are lucky or unlucky to fall into those outliers region. Yield hogs or Panadol addicts may help some to stubbornly hold to their winners and still dreaming!

      Delete
  2. Hi Uncle8888,

    Think people are looking at the "ease" of capital size & capital flows in US markets. ;)

    When times are good & taps are flowing, even mediocre companies in NYSE can rise quickly, not to mention those companies which are really good.

    I mean even a loss-making company like Sea has a market cap of S$229B (US$169B), compared to an established & profitable DBS with mkt cap of "only" S$77B.

    Keppel will be considered a small cap stock in the US markets.

    In a perverse manner account size really matters, where in this case the size refers to a stock market's access to number of investors & amount of their monies. :P

    ReplyDelete
    Replies
    1. Yield hog or Panadol addict will avoid SEA with zero yield and stays with DBS giving out 4.4% yield at $30.12 yesterday closing.

      Can Tiger and Moomoo help to produce mini or nano Singapore Robin Hood traders?

      Delete
    2. If DBS was to list on NYSE, it will probably trade at $90 and not $30. ;)

      Delete
  3. Given the relatively small population and economy + highly regulated business environments, SGX is not the ideal place to look for turbo charged growth companies & 10s/100s baggers.

    SGX is more suitable for risk-averse income-seeking investors who price stability & certainty above growth. If one is a "long" investor who is satisfied with single digit bagger, there are aplenty in SGX, especially in the "defensive" reits space. To cite just a few - Parkway Life (IPO @ $1.28, latest $4.8, 3.8 bagger; Ascendas (IPO @ $0.88, latest $3.09, 3.5 bagger, Mapletree Industrial (IPO @ 0.93, latest $2.91, 3.1 bagger), Mapletree Logistics (IPO@$0,693 latest $2.06, 3 bagger), Frasers Centrepoint (IPO@ $1.03, latest $2.3, 2.2 bagger), Keppel DC (IPO@$0.93, latest $2,54, 2.7 bagger). Dividend yields of reits are relatively attractive (generally ~5% for the asset class as a whole, vary according to interest rate & market sentiment. With dividends, most of these reits are "freeholders" if bought at IPO or near IPO time & hold since.

    For non-reits, SGX (slow but steady defensive income generator) itself is a multi-bagger (IPO@ #1.1, dropped below $1 at one time, latest $10.24, 9.3 bagger).

    If excitement & high capital gain (& high risk) is the aim, look elsewhere (in particular US & HK/Chinese exchanges, the place for innovative & disruptive technology stocks)

    ReplyDelete
    Replies
    1. Ha. Ha.

      True! true.

      Where got an Apple or Microsoft or Google or Yahoo or.....????

      Bo pian only a tiny , tiny RED DOT ma.

      But if U can't do well in your home turf then Chinese saying has no meaning to U - 没有三两三, 怎敢上梁山.

      Delete
  4. Whatever baggers are only true when converted into money in the pockets.

    How about B & S from IPOs to now?

    How many times can i rinse & repeat with some profits each time?

    But i think actually if have plenty of excess moo lah, it will be best to buy only and let them grow into a jungle or drying into

    weeds. - WB?

    ReplyDelete
    Replies
    1. Dividend class multi-baggers are real money into yr bank accoun but don't lose them all in reinvesting. LoL!

      Delete
  5. use "seeds" from dividends to grow the plant into a forest ....over time

    but unfortunately not all plants are created equal, some are short-lived & won't proliferate into a forest ... try spot a 白杨树 - live for a thousand years, not fall for a thousand years if die, not rot for a thousand years if fallen ...

    ReplyDelete

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