New stock added to the Bf Gf Portfolio – Here’s a teaser!

GoPro streets of japan

As you all know, I have been taking my time to research on stocks to add to the Bf Gf Portfolio.  I have liked this company ever since it IPOed but have never bothered to analyse it as I had always thought it would be over-valued, just like most IPOs.

 

Little did I realise, its price has fallen drastically from its recent highs, but it’s growth is still astounding.  So after hearing a whisper from the grapevine, I dug out the financials of the company.  My jaw dropped.  I did not take long to reach a decision as I have been thinking about the business of this company for a long time.

 

I just love it when businesses carve out an industry which never existed before.  Don’t you?

 

Here’s a teaser video:

 

 

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4 Comments

  1. Joel

    What are your thoughts on their high p/e ratio?

    Reply
  2. The Bf (Post author)

    Hi Joel,

    Glad you asked that question. Many will be put off by the high PE of the stock. But I think their future growth will make up for the high PE ratio.

    Hence I believe in the next 5-10 years, at the price which I bought, is considered cheap.

    But of course, high pe ratio stocks tend to be prone to extreme volatility, so it may not be everyone’s cup of tea. However, I do wish to point out a disturbing trend among many investors who place too much emphasis on financial statements and not to the quality of the business.

    I believe we should take into account the future plans of the business and it’s ability to execute those plans. After all, we are investing in the company’s future.

    Stay tuned, I will be writing a more in-depth article on this stock soon!

    Reply
  3. ChinWei

    May I know which stock is this?

    Reply
    1. The Bf (Post author)

      Hi Chin Wei,

      I will write a proper post on this stock soon.

      If I reveal everything, then I got nothing to write very soon! LOL

      Reply

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