Latest Forum Topics /
IFAST
Last:8.9
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up and coming
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SGPhantom
Master |
08-Feb-2021 12:23
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Nice! 
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hengonghuat333
Member |
08-Feb-2021 12:22
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add  some at 6.2 . buy during correction always safer.  | ||||
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SGPhantom
Master |
08-Feb-2021 12:02
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Actually I beg to differ. China Market is in the Trillions (today), and IFast' s AUA is only around 10B+ (today). If / When they can grow to 50-100B banking on China (say in 5 years time), thats still only a small fraction of the Pie (and by then it would probably have grown into many more Trillions). Yes, Ali / Ant may be the power to be reckon with, but they have their own set of reformative problems to deal with as well.
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SGPhantom
Master |
08-Feb-2021 11:55
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Yes, they are all cyclical. If you are long, it makes no difference. But if you trade, then yes, you may choose to go in and out of a sector. I' m bad at timing the market, so I rarely does that.
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SGPhantom
Master |
08-Feb-2021 11:52
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Disclaimer: My figures may be inaccurate, but the content of my message is intact.
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rayokc
Senior |
08-Feb-2021 11:49
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This counter should drop below 6 very soon... | ||||
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Hector
Veteran |
08-Feb-2021 11:45
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thanks for your input yes, it will depends whether market look for value stock or growth stock But growth stock has risen to all time high and so market may move over to value stock soon So nothing is confirm  Good luck guys   
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stonknoob
Member |
08-Feb-2021 11:43
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Without the digital banking license in SG, iFast may find it hard going to put itself forth as a bona fide fintech co., especially in China where the Alipays have entrenched themselves with a huge ecosystem that includes investment management. The pension scheme win is not revolutionary...it' s just platform digitalisation and income is recurring over 10 years, with PCCW taking the majority cut. It' s a nice little boost, nonetheless.  | ||||
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shk363
Elite |
08-Feb-2021 11:35
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good chance to load up | ||||
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SGPhantom
Master |
08-Feb-2021 11:24
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Good Man!
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SGPhantom
Master |
08-Feb-2021 11:17
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You are not wrong, current PE is 90+ (70+ if ex-China), so it is on a high side. But with all (good) companies, we look at future, not current. And for tech (fintech), we look even further. Otherwise, who would buy into a growth company (say Tesla) whose PE is in the ballpark of a few hundreds. Its the confidence in the company that people put their trust in. Just note that current (2020) earning of IFast is about 14M.  They will have additional (approximately) 10M from HK alone, so expect 2021 earnings to grow at least 70%, putting NO GROWTH for their current biz. Earnings aside, the most important factor (actually) is the AUA / AUM. If they can grow this, which I definitely believe so, then we will always see better earnings and profits. But I guess if you do not have confidence in IFast' s future, then yes, probably best to stay out - nothing wrong with that too. Don' t get swayed by people who say Buy / Sell, if you believe you are correct. At least if you make a mistake, it is your own call. Good luck all!  
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Surin888
Senior |
08-Feb-2021 10:54
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Yes. I am pretty confident in what I am investing😊
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Hector
Veteran |
08-Feb-2021 10:52
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profit not much. So PE should be damn high at current price level Not worth a risk to buy at such high price should downgrade to SELL call  |
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SGPhantom
Master |
08-Feb-2021 10:43
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hopefully more of the case of book profit than cut loss, then (almost) everyone wins.
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SGPhantom
Master |
08-Feb-2021 10:34
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Maybe ya.... But I believe also the effect of Sell on News as its Result is pretty much in line with the Guidance, so the recent spike has already priced in everything. I' m looking at today' s closing plus tomorrow' s performance, and see if my deduction of double bottom is correct, but BOTH factors must happen for that to be a possibility. Still continuing to learn to read charts : )
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Surin888
Senior |
08-Feb-2021 10:26
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Believe heavy selling partly due to the effects of CNY angbao cash out😂 😂 In fact, as a long term investor, I prefer its healthy pace of growth, don' t really like surges. 
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crystalbee
Veteran |
08-Feb-2021 10:23
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How to give high dividends when full year net profit is $21.2mill.....lol...just my observation..not vested.
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SGPhantom
Master |
08-Feb-2021 10:17
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I hope China is " soon" , but I expect 3-5 years.
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hengonghuat333
Member |
08-Feb-2021 10:07
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yes . dividend is for mature stock like dbs, ocbc  , uob . for growing stock they need cash to expand market. especially now they need fund to penetrate more into China which we are seeing good result soon. 
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SGPhantom
Master |
08-Feb-2021 09:56
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Absolutely! With IFast, we want them to plough more into their business and GROW, instead of giving more dividend. They have been doing that and it shows in their performances, and hence the stock price.
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