This year is finally coming to an end but I’m grateful that most of my portfolio stocks are winners.
iFAST basically rescued my overall portfolio with the stock being a 3 bagger since I picked it. Small and fast growing platforms can be amazing multi-baggers! I’m hoping that the other platforms in my portfolio such as TripAdvisor, Datadog and Fiverr will grow just as fast too!
Singapore O&G had the worst share price performance because revenue and earnings declined due to COVID-19 restrictions but things should turn around with the economy normalizing in 2021. My takeaway? Be wary about small companies which are dependent on a few star contributors.
| Date purchased | Cost price | Market price | Total return | |
| iFAST | 22-Apr-2018 | 0.9 | 3.0 | 234% |
| Kingsmen (sold) | 29-Apr-2018 | 0.6 | 0.3 | -44% |
| SOG | 03-Jun-2018 | 0.4 | 0.22 | -31% |
| CAO | 18-Oct-2018 | 1.5 | 1.06 | -21% |
| HRNet | 01-Jan-2019 | 0.8 | 0.52 | -28% |
| TripAdvisor | 24-Nov-2019 | 28.0 | 26.1 | -7% |
| MasterCard | 01-Mar-2020 | 290.0 | 329.2 | 14% |
| Visa | 21-Mar-2020 | 147.0 | 205.3 | 40% |
| Fiverr | 24-Oct-2020 | 158.0 | 216.0 | 37% |
| Datadog | 16-Nov-2020 | 86.0 | 107.0 | 24% |
| Average | 22% |
Here are the most widely viewed posts in 2020:
iFAST: Don’t bank on it! My thoughts on the probability of iFAST winning a digital banking bid. They didn’t get the banking license but I think iFAST has a good chance of achieving its SGD100 billion AUA target in end-2028 because the platform is focused on serving its customers well.
3 reasons why I’m still holding my iFAST shares. I sold some of my iFAST shares recently but this position is still the largest stock in my portfolio.
Fiverr: a 10 bagger in 5 years? This small (USD7.4 billion market cap) but high growth freelancer platform could be the next multi-bagger in my portfolio with this pandemic accelerating online retail, remote work and outsourcing trends.
iFAST: 3 myths about 2Q 2020 results: Don’t expect iFAST to grow earnings by 80% every year but20-30% earnings growth is certainly possible!
Singapore O&G: Three things to know about the new CEO. It’s always a good thing when the ex-CFO returns to work at the company!
My wishlist for 2021:
- Singapore O&G earnings improving on the back of higher birth rates and a normalizing economy, increased adoption of SOG skincare products and more doctors joining the group.
- HRNet earnings rebounding with new digital banks and more tech companies (eg. Zoom setting up a R&D centre in Singapore) increasing hiring activity.
- TripAdvisor returns to growth with tourists travelling again while new media initiatives bear fruit.
Here’s to a better year in 2021! Merry Christmas and happy new year!
Evergreen Investing 