03-02-2013, 11:01 AM
(03-02-2013, 10:24 AM)dydx Wrote: By looking at Challenger's business evolution over the years and reading his speech delivered to the graduates of Singapore Polytechnic on 21May12.....
http://www.sp.edu.sg/graduation2012/speeches2.html
, I think it is fair to say that CEO Loo Leong Thye as a driven and proven business entrepreneur and management talent in the IT products merchandising and retail space is both time-tested and crisis-tested. Most importantly, he has learned and acquired the critical wisdom of staying prudent in business expansion and in finances from his own experiences.
Challenger is probably already the largest and most established - and likely also the most profitable - player within the IT products retail industry in Singapore and, given more time and some luck, the company stands a good chance of repeating a similar success in the Peninsula Malaysia market.
I must add that I have been a happy shareholder of Challenger for many years now, enjoying the steady growth of the business and the twice-a-year dividends, as well as the steady increase in its market cap and share price over the years.....
http://finance.yahoo.com/echarts?s=573.S...=undefined;
Isn't it nice to note that in share price alone Challenger has out-performed the SG market average (as measured by STI) by a whopping 150% over the last 5 years!
I concur. It is a fast growing stock in my holding list, which mean buy-and-hold forever as long as fundamental stays

“夏则资皮,冬则资纱,旱则资船,水则资车” - 范蠡