Choosing winners is hard. So I came up with a stock picking checklist based on my past mistakes to see if I can improve my stock picking skills. My strategy involves picking two categories of stocks: “Compounders” and “Deep value”. “Compounders” are stocks which can increase their earnings over the long term. Holding such stocks … Continue reading Stock picking criteria
iFAST: A blue sky scenario
The share price of iFAST has exploded upwards this week after the company was included in the MSCI Singapore small cap index. Fund managers are buying. Retail shareholders are selling. One of the iFAST directors even sold some shares last Friday. Is iFAST still a buy now? Here’s a scenario where iFAST can still be … Continue reading iFAST: A blue sky scenario
Fiverr vs Upwork: 3 takeaways from my 1st gig purchase
After receiving my first Fiverr deliverable, I'm convinced that Fiverr has a strong moat and a long growth runway. I was having WordPress problems for my website and decided to try Fiverr and Upwork. Three things stood out: First, Fiverr is way ahead of Upwork in terms of buyer experience and ease of use. Fiverr … Continue reading Fiverr vs Upwork: 3 takeaways from my 1st gig purchase
Selling SOG
I have sold 90% of my shares in SOG at SGD0.27 and will probably sell the remaining shares soon for the following reasons. First, my original reasons for buying SOG may not be valid. I bought SOG because of earnings upside from their younger doctors especially their pediatric and cancer clinics. However, two out of … Continue reading Selling SOG
iFAST: Why iFAST can afford free SGX trades
Why is iFAST cutting their SGX stockbroking fee to SGD8.80 fee for even a SGD1 million trade? First, stockbroking is not the main business model of iFAST. Stockbroking transaction fees only made up 12.8% of their 2020 net revenue. iFAST is a diversified wealth management platform offering unit trusts, bonds and insurance products and they … Continue reading iFAST: Why iFAST can afford free SGX trades
Coupa Software: A smart buy
Coupa is a business spend SAAS (Software-as-a-Service) company which benefits from network effects, high switching costs and could be a beneficiary of a normalizing economy during 2021. I’m involved in procurement during my day job so I was impressed by Coupa’s cloud software. Business spend can be a slow and manual process. Before buying something, … Continue reading Coupa Software: A smart buy
HRNet: Almost antifragile
“Antifragile” as defined by Nassim Taleb refers to something which gets stronger during disorder. I think HRNet almost fits this description so I bought more HRNet shares after the company reported surprisingly resilient 2020 results. Healthy flexible staffing business resulted in revenue growing 2% and recurring net profit falling 4% during 2020 while operating cash … Continue reading HRNet: Almost antifragile
2020 year in review, most popular posts and 2021 wishlist
This year is finally coming to an end but I'm grateful that most of my portfolio stocks are winners. iFAST basically rescued my overall portfolio with the stock being a 3 bagger since I picked it. Small and fast growing platforms can be amazing multi-baggers! I'm hoping that the other platforms in my portfolio such … Continue reading 2020 year in review, most popular posts and 2021 wishlist
Datadog: Top dog in IT observation
Datadog is one of the larger positions in my portfolio and I was happy to add more when the share price fell despite revenue growing 61% y/y in the recent quarter. What does Datadog do? It is 3am and your phone starts ringing. You are the CTO of one of the world’s largest banks and … Continue reading Datadog: Top dog in IT observation
Fiverr: A 5 bagger in 10 years?
I recently bought shares in Fiverr, a marketplace which connects companies with freelancers because I'm increasingly drawn to small but fast growing platforms. Platforms such as Fiverr benefit from wide moats because of their network effects and are highly scalable businesses because most of their costs are fixed costs. Here’s a description of Fiverr from … Continue reading Fiverr: A 5 bagger in 10 years?
