The concept of multi-baggers was first made popular by the legendary Peter Lynch in his book "One Up on Wall Street". A multi-bagger means that a share has multiplied several times over in price. Do multi-baggers exist on the Singapore Exchange (SGX), or are they confined to US shares which have a lot of geography to grow their businesses compared to Singapore shares? Here is a list of all multi-baggers listed on the SGX that retained their original stock codes between May 2006 and May 2014. In total, there are 442 shares out of 709 shares in May 2006 that retained their original stock codes. Shares that have changed their stock codes due to corporate actions such as bonus issues and share splits have not been included in this analysis.
Name | May-06 | May-14 | % Gain |
RH Petrogas Ltd | 0.060 | 0.660 | 1000% |
Design Studio Group Ltd | 0.045 | 0.... |