IGG (HK Listed) - A Company with Amazing Returns!
This post is a reminder for myself of why I invested in the above company. I am vested and comments maybe biased. Numbers/Finance Amazing Returns in 2017 and 2018 – ROA are more than 45% and ROE are more than 65%! In addition, no comparison among competitors in terms of returns based on 2018 figures: Feiyu Technology International Co Ltd (1022) - Loss making Zynga Inc (ZNGA) - Loss making Ourpalm (300315) - Loss making Linekong Interactive Group Co Ltd (8267) - Loss making Netmarble Games Corp (251270) - Super high PE + Low ROE/ROA Colopl Inc (3668) - Super high PE + Low ROE/ROA Digital Hollywood Interactive Ltd (2022) - Super high PE + Low ROE/ROA NetDragon Websoft Inc (0777) - high PE + lower ROE/ROA Boyaa Interactive International Ltd (0434) - Low ROE/ROA FingerTango Inc (6860) - Listed 2 years… reasonable ROE/ROA iDreamSky Technology Holdings Ltd (1119) - Listed 2 years… reasonable ROE/ROA Zengame Technology Holding Ltd (2660) - Listing less than 1 year NCsoft ...