22-08-2022, 05:41 PM
(30-12-2021, 01:12 PM)sgbuffett Wrote: My previous 2021 stock picks here.
https://sgtalk.net/Thread-Review-of-my-s...ng-of-2021
2021 I made 3 picks with an average total return of 37%.
Last yr was the 4th year I made annual stock picks that started in 2018. So far the picks have beaten the STI by a wide margin and have achieved double digit returns each year. The goal is not to achieve highest returns but the best chance of achieving double digits returns at the end of the year.
This 2022 picks are here:
Just brief explanation. The 2 stocks Boustead & SP Corp are picked due to high cash holdings as % of capitalisation. Boustead was also on the 2021 list but still have some legs.
Challenger was on the 2018 list. It has made a comeback as the management has decided to deploy cash for growth I believe is a prudent move it is making after a failed delisting in 2019. The timing appears prescient as we exit from pandemic
LHN is chosen due to its growth trajectory has long steady runway owing to workability of its strategy.
All stocks have been assessed to be priced favorably for investors to buy at their current price.
SP Corp has shot up to $1.56 today congrats to all who bought.
![[Image: 6QE47PX.jpg]](https://i.imgur.com/6QE47PX.jpg)
The avg return of my 2022 stock picks is now upwards of 20%
I, being poor, have only my dreams; I have spread my dreams under your feet; Tread softly because you tread on my dreams.