China Aviation Oil (Part 2)

I previously wrote about how China Aviation Oil (CAO) offers value and growth at a price of SGD1.45 per share. A recent history of SATS is a useful analogy for understanding CAO’s potential to become a successful and independent aviation fuel supplier. SATS is a gateway services and food solutions provider that mainly serves the … Continue reading China Aviation Oil (Part 2)

iFAST sets SGD100 billion AUA target

iFAST announced a great set of Q2 2018 results with double digit growth in revenue, earnings and AUA (Assets under Administration) along with its ambitious 10 year vision. Net revenue grew 25% year on year to SGD30.9 million which led to net profit growing 40% to SGD2.9 million in the second quarter of 2018. AUA … Continue reading iFAST sets SGD100 billion AUA target