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Thursday, March 8, 2018

COULD THIS STOCK BECOME THE NEXT MULTI-BAGGER LIKE CREATIVE?


Dear readers, Creative Technology stock seems to be a “has been” until its super rally year-to-date. More could still come for Creative Technology stock. Beyond just Creative Technology stock, in recent years, there have been equally promising Singapore’s very own technology firms doing us proud. The most famous name everyone will agree is RazorTech whose CEO has taken on PM Lee’s challenge for a proposal to roll out a national wide epayment solution.
In the listed companies arena, who could forget the now omnipresent thumbdrive? The flagship product of listed Trek 2000 International. In a way, I thought there are some parallels between Trek 2000 and Creative Technology. Both have their own signature products and have to fend off patent claims and after some time, each company comes up with another new equally break-through product. For Trek 2000, the last I read of it was some kind of memory card. But I have not really followed Trek 2000 business as to make an assessment.

But one thing is sure, be it Creative Technology, Trek 2000 or any other local company, provided a company has one SOLID product that has the world as its market and let the world go WOW, then the company will do well and its stock price be a potential multi-bagger! Join the emailing list to receive regular Financial and Singapore stocks newsletters too! Like" me on Singapore Stocks Investing Facebook page to receive all posts on your Facebook as well as read more articles. Follow me on Twitter too.

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