Decade-Fourbaggers In Singapore

[specuvestor]

I would love to hear success stories of multi-decade multi-bagger companies from our local bourse too. Any examples of one that has a good track record, and is suitable to buy even today, and hold for the next decade, and have a good shot at returning 2-4x?

SGX   1 +dollar in the 2000s, 7 dollars now.

There are examples of multi baggers but whether those multi baggers are sustainable and not a flash in the pan is the issue. 

Where Singapore is weak on are product companies, since our "deep tech" isn't really that deep. If we do get one (aka unicorn), the challenge is always scaling up. That's where they face global competition (and fall) or they are acquired. The other type which I reckon such a multi bagger might come from are services companies that are part of some global supply chain.

But at no point around 2000s would you get a seven fold gain. The closest is the lowest point of ~850 in 1998, which would give you a 3.7 fold increase compared to today's STI of ~3500.

LionFlyer is talking about SGX SP share price.

It's always obvious when we look back. Even for SGX SP despite the oft quoted limited local bourse growth potential.