Portfolio news this week (ending 27 June)

This week's news includes TripAdvisor's profit warning and pivot to quality experiences, an interview with iFAST CEO and MasterCard's spend update. iFAST CEO interview with Zuu: iFAST is aiming to be the Netflix of Fintech by providing banking and wealth management services to clients globally. Applying for a Singapore digital banking license is the first … Continue reading Portfolio news this week (ending 27 June)

Portfolio news this week (ending 20 June)

The main news this week involved iFAST's digital banking bid and Mastercard shoppers on Amazon . iFAST and digital banking: iFAST is one of the nine shortlisted bidders for Singapore's digital wholesale banking license. iFAST has a chance but it's going to be a tough fight. Link Mastercard and Amazon: Mastercard users can look forward … Continue reading Portfolio news this week (ending 20 June)

Zero sales test

How long can a company survive with zero revenue?  The COVID-19 crisis has forced governments to restrict movement so  restaurants, hotels and travel companies are faced with a grim scenario where revenue drops to zero. The cyclical companies in my portfolio such as China Aviation  Oil, TripAdvisor and HRNet are vulnerable but I subjected all … Continue reading Zero sales test