Shares & Derivatives
Why did I buy Challenger (573) shares?
By Loopholes Singapore  •  February 17, 2021
Just to be clear with my intentions, I am writing this post just to explain how to stock pick and why investing in larger amounts cannot be based on popularism and hypes. Challenger has been on my portfolio ever since it started falling after a failed delisting and its first disappointing dividend. So why did I buy it when others sold it? In this post, I will pen down my thought processes and share what went through my mind as an investor and why value investing is still possible in today’s context. Challenger’s fundamentals have been strong With a return on Equity (ROE) of 20.804, Challenger has done an exceptional job growing the company in 2020. Another notable its high cash balance also displays the company’s financial position in the midst of this pandemic. As the economy improves in 2021, we will be seeing an increase in revenue from all branches of its businesses,...
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By Loopholes Singapore
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