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IGG (HK Listed) – A Company with Amazing Returns!
By T.U.B Investing  •  September 14, 2019
This post is a reminder for myself of why I invested in the above company. I am vested and comments maybe biased.

Numbers/Finance

Amazing Returns in 2017 and 2018 – ROA are more than 45% and ROE are more than 65%! In addition, no comparison among competitors in terms of returns based on 2018 figures:

Feiyu Technology International Co Ltd (1022) - Loss making
Zynga Inc (ZNGA) - Loss making
Ourpalm (300315) - Loss making
Linekong Interactive Group Co Ltd (8267) - Loss making
Netmarble Games Corp (251270) - Super high PE + Low ROE/ROA
Colopl Inc (3668) - Super high PE + Low ROE/ROA
Digital Hollywood Interactive Ltd (2022) - Super high PE + Low ROE/ROA
NetDragon Websoft Inc (0777) - high PE + lower ROE/ROA
Boyaa Interactive International Ltd (0434) - Low ROE/ROA
FingerTango Inc (6860) - Listed 2 years… reasonable ROE/ROA
iDreamSky Technology Holdings Ltd (1119) - Listed 2 years… reasonable ROE/ROA
Zengame Technology Holding Ltd (2660) - Listing less than

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By T.U.B Investing
I am the founder of T.U.B Investing Blog and the Co-founder of Fundamental Scorecard. I am a full-time employee who started investing in 2009/10 during my university days. Like many of us, I had my fair share of mistakes at the start of my investing journey. The worst time was when I used all my saving to bet on warrants, losing half of it ...
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