| Latest Forum Topics / IFAST Last:8.61 -- |
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YZJFH - potentially rewarding
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satruz
Master |
05-Dec-2022 11:12
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Super power up! | ||||
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tongphlp
Supreme |
05-Dec-2022 10:06
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looks like it' s coming back to retest that level....fast n furious.. FATT AH
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ninjawarrior
Member |
05-Dec-2022 09:52
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.....I dun deny....short term towards $7 is very possible. Can anyone advise.....tq | ||||
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TANPK123
Elite |
04-Dec-2022 11:12
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Target Price hit $7 | ||||
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tangsookiam1947
Master |
04-Dec-2022 09:48
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Looking Forward &ndash Our Four Year Plan While we have made substantial progress as a Fintech wealth management platform since 2000, our belief is that the growth potential ahead remains very substantial. That is because the global Fintech industry is still in its early stages of evolution. In fact, sometimes I make the comment that investing into the Fintech industry today is a bit like investing into Singapore&rsquo s property or banking sector in the 1950s or 1960s &ndash it&rsquo s in the very early days with tremendous growth opportunities. The power of the Internet encompasses the ability to truly transcend geographical borders. Many industries have already globalised to a much bigger extent, in the sense that there already exist many truly global business models. Truly global businesses are businesses that can operate from one or a few countries, but can service customers from around the world. Industries such as media, e-commerce, video streaming and music already have many truly global business models. The Fintech industry has lagged behind in terms of having truly global business models, even though it does not involve the movement of physical goods. That is because compliance requirements and regulations have slowed down the evolution. The evolution has been slow so far, but we believe that the pace will pick up in the next five to ten years. Fintech businesses that have the right business models, the required financial sector licences, the ability to operate profitably and the right execution strategies will have far more scalable business models. We believe that the future of wealth management is one where investors from various emerging markets will be looking for the best wealth management platforms across the world that can provide them with seamless access and connectivity to global products and global exchanges. Wealth management platforms with seamless links to good digital banking services that allow consumers and investors to manage payment flows seamlessly across borders, while getting attractive deposit rates in various currencies, will have strong advantages.   
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ninjawarrior
Member |
03-Dec-2022 14:33
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....I'm not sure. But I know iFast is not a bank in this region except the one in UK which they just bought a bank. | ||||
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TingHai88
Member |
03-Dec-2022 09:57
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BBs pushing up the price to dump, don?t get yourself trap. | ||||
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tangsookiam1947
Master |
03-Dec-2022 09:08
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iFast market cap = $1.5 bil (singapore dollar)
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kepoh88
Veteran |
02-Dec-2022 20:52
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Not talk big...is Dream big. " You can&rsquo t fault iFAST for dreaming big."
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TANPK123
Elite |
02-Dec-2022 19:56
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If talk big better don't buy. Hahahaha
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kepoh88
Veteran |
02-Dec-2022 18:59
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This is rather old news.Go beyond this , come in if you dream big . This stock have very much potential and is going worldside , beyond Singapore. If you dream big , then buy.. 
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tangsookiam1947
Master |
02-Dec-2022 18:34
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iFAST Corp Raised S$105 Million from Over-subscribed Share Placement At Top End of Price Range SINGAPORE (11 January 2022) &mdash iFAST Corporation Ltd. (&ldquo iFAST Corp&rdquo and together with its subsidiaries, the &ldquo Group&rdquo ) is pleased to announced that it has successfully raised a total of S$105 million via a placement of shares to institutional and accredited investors (&ldquo Placement&rdquo ) on 10 January 2022. The Placement was well over-subscribed with over S$150 million in total subscription, which was more than double the initial base deal size of S$75 million. The Issue Price of S$7.50 is at the top end of the Placement&rsquo s price range of S$7.30 to S$7.50, and it represents a discount of approximately 4.5% to the day end price of S$7.85 on 7 January 2022 (and a discount of approximately 7.4% to the volume weighted average price of S$8.10 on 7 January 2022). The Placement was conducted for the purpose of funding the Group&rsquo s proposed acquisition of a UK bank, which was announced on 7 January 2022. &ldquo We are thankful that the investor community has shown confidence in our Company&rsquo s Placement. The funds will be used for the proposed acquisition of the UK bank which we believe to be a significant milestone in our Company&rsquo s growth towards building a truly global wealth management business. Additional funds that are raised from this placement exercise will be used for working capital purposes,&rdquo said Mr Lim Chung Chun, Chairman and CEO of iFAST Corp. The anchor investors of the Placement include Mr Lee Thiam Wah, founder and major shareholder of 99 Speed Mart Sdn. Bhd (&ldquo 99 Speedmart&rdquo ), one of the Group&rsquo s Malaysian consortium partners in its application for a digital bank licence in Malaysia. Mr Lee subscribed a total of S$51 million in the Company&rsquo s shares. &ldquo As iFAST' s close partner in the application for the Malaysia digital banking licence, we share iFAST' s long term vision in building a global wealth management company that is focused on empowering investors with easily accessible online wealth management and banking services,&rdquo said Mr Lee Thiam Wah. The Group will continue to keep its shareholders updated and release further announcements relating to the Placement as may be appropriate
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tangsookiam1947
Master |
02-Dec-2022 18:31
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placement price was $7.5
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kepoh88
Veteran |
02-Dec-2022 14:49
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Look beyond that.... Kah kah hood!! |
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simpleguy123
Elite |
02-Dec-2022 13:52
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Valuation wise, it is currently overvalued. Even as a bull, i cannot deny that reality.
But if there was one thing i remembered from the US Stock Market, its that perception and reality are not always the same. Likewise, "the reality" is that this stock should be at below $3.00. But because of "the perception" on room for tremendous future growth (Where bond trading and ETFs vesting will be the "in-thing", its a business that iFAST is dedicated towards), thus reflects in the non-realistic share price.
I can't fight this, so i join the train instead of waiting for the train to come back to the station.
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simpleguy123
Elite |
02-Dec-2022 13:26
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At least its still green. Also it seems that you avg up and added more shares, good for you.
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Hector
Veteran |
02-Dec-2022 12:06
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unbelievable...think this stock has the highest PE in SGX    congrats to holders  |
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vivacious
Supreme |
02-Dec-2022 12:04
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strong legs! congrats to those in the $ | ||||
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satruz
Master |
02-Dec-2022 12:01
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$6 coming soon  |
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ninjawarrior
Member |
02-Dec-2022 10:13
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.....looking back. My avg is now gone up from $2.50 now it's $4.03. Started since it was $1.42.... | ||||
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