Latest Forum Topics /
IFAST
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up and coming
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Surin888
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21-Jan-2021 09:35
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Just use it as a guide. In fact iFast always exceeds analyst' s expectations🌟
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HERBERTALCA
Member |
21-Jan-2021 09:33
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That's what I thought.
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nqing87
Supreme |
21-Jan-2021 09:33
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when stocks are uptrend, the goal posts shifted and those analysts valuation in terms of p/e all shift to the high side.. not the right way to do things.. too many double standard in valuation.. some sectors got valued a mere p/e 10 or less by the same group of analysts, some given sky high valuation pegging them with " potential" inside | ||||
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shk363
Elite |
21-Jan-2021 09:33
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dont miss the boat to $10 | ||||
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SGPhantom
Master |
21-Jan-2021 09:26
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Totally agree.... In fact, suddenly too many coverages or upgrades will be too fishy.
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alleyboy
Veteran |
21-Jan-2021 09:07
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Dont trust those analyst!
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Sgvale
Supreme |
21-Jan-2021 09:04
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Everyday auto up. Song bo? No need to monitor. | ||||
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alleyboy
Veteran |
21-Jan-2021 08:58
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What 4.40? Now 5.08 leow. Break RL 5.00 | ||||
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Surin888
Senior |
21-Jan-2021 08:51
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iFAST Corporation Ltd.  (SGX:AIY) shareholders will have a reason to smile today, with the analysts making substantial upgrades to next year' s forecasts. Consensus estimates suggest investors could expect greatly increased statutory revenues and earnings per share, with analysts modelling a real improvement in business performance. Investors have been pretty optimistic on iFAST too, with the stock up 26% to S$4.98 over the past week. It will be interesting to see if today' s upgrade is enough to propel the stock even higher. After this upgrade, iFAST' s four analysts are now forecasting revenues of S$217m in 2021. This would be a sizeable 39% improvement in sales compared to the last 12 months. Statutory earnings per share are presumed to leap 64% to S$0.11. Before this latest update, the analysts had been forecasting revenues of S$194m and earnings per share (EPS) of S$0.085 in 2021. So we can see there' s been a pretty clear increase in analyst sentiment in recent times, with both revenues and earnings per share receiving a decent lift in the latest estimates.   It will come as no surprise to learn that the analysts have increased their price target for iFAST 23% to S$4.40 on the back of these upgrades. It could also be instructive to look at the range of analyst estimates, to evaluate how different the outlier opinions are from the mean. There are some variant perceptions on iFAST, with the most bullish analyst valuing it at S$4.35 and the most bearish at S$3.34 per share. Even so, with a relatively close grouping of estimates, it looks like the analysts are quite confident in their valuations, suggesting iFAST is an easy business to forecast or the underlying assumptions are obvious. These estimates are interesting, but it can be useful to paint some more broad strokes when seeing how forecasts compare, both to the iFAST' s past performance and to peers in the same industry. The analysts are definitely expecting iFAST' s growth to accelerate, with the forecast 39% growth ranking favourably alongside historical growth of 13% per annum over the past five years. By contrast, our data suggests that other companies (with analyst coverage) in a similar industry are forecast to grow their revenue at 10% per year. Factoring in the forecast acceleration in revenue, it' s pretty clear that iFAST is expected to grow much faster than its industry. The Bottom Line The biggest takeaway for us from these new estimates is that analysts upgraded their earnings per share estimates, with improved earnings power expected for next year. Fortunately, analysts also upgraded their revenue estimates, and our data indicates sales are expected to perform better than the wider market. Given that the consensus looks almost universally bullish, with a substantial increase to forecasts and a higher price target, iFAST could be worth investigating further. Still, the long-term prospects of the business are much more relevant than next year' s earnings. At Simply Wall St, we have a full range of analyst estimates for iFAST going out to 2022, and you can  see them free on our platform here.. Another way to search for interesting companies that could be  reaching an inflection point  is to track whether management are buying or selling, with our  free  list of growing companies that insiders are buying. Promoted   When trading iFAST or any other investment, use the platform considered by many to be the Professional' s Gateway to the Worlds Market,  Interactive Brokers. You get the lowest-cost* trading on stocks, options, futures, forex, bonds and funds worldwide from a single integrated account. |
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HERBERTALCA
Member |
21-Jan-2021 08:40
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And you believe
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tangsookiam1947
Master |
20-Jan-2021 18:32
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why??
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hokpin
Supreme |
20-Jan-2021 17:32
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Agree with you. A Boy!
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alleyboy
Veteran |
20-Jan-2021 17:30
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Tis type of forummer have my respect. Trade quietly n full of wisdom. Unlike sm. Badmouthed certain counters after missing the boat.
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hokpin
Supreme |
20-Jan-2021 17:26
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Bro Turtle, when the time, I asked you why not change your name from ' TurtleTrade' to ' Fast' Trade, which was about half year ago, I have been in-out and in-out multiple times at this counter. The best thing is do nothing like what you said. I really need to learn from you in stock market when we find a ' winner' . Respect you a lots!
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SGPhantom
Master |
20-Jan-2021 17:20
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Wow, since 2014?  And I thought I am " long" : ) Fantabulous stamina, and well played.  You deserve the 300% return.  ** clap clap clap ** Currently I am only at almost 200% return, never sold a single share that I bought since $1+. But I did / do trade when I see opportunities, like when it " crashed" recently to 270s, went in at 3 and exited at 388. Now you make me wanna hold for the next 10 years *hahahaha
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hokpin
Supreme |
20-Jan-2021 17:19
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Salute! Respect you, Bro turtle!
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turtletrader
Senior |
20-Jan-2021 17:01
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Yes and no.  Yes - I did not trade and I missed the wild ride from  390 -> 270 -> 500. Kudos to you and others who did this round trip trade. No - I did not think I missed out as I did not intend to trade short term. My holding of total number of shares in  iFAST increases slightly since Dec 2014 and I did not sell a share all this while. The value of these iFAST shares naturally gone up > 300% with no extra effort from me, except by owning the shares. I am slow in decision making (turtle) but once I buy usually I hold for years. It is a difefrent approach that works for me.
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SGPhantom
Master |
20-Jan-2021 17:00
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There' s an article in BT that reported some Asean Fintechs MAY seek dual listing in US. It did not specifically mentioned IF, but the speculation may be there, especially if their market cap is USD1B+. Please do not speculate. If it happens, take it as a bonus. Cheers!! |
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SGPhantom
Master |
20-Jan-2021 16:47
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You mean you missed out on the roller coaster ride 390 -> 270 -> 500?? Its better than the ride in USS.... Good for you to long mate, likewise here. But I trade too when opportunity presents itself.
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alleyboy
Veteran |
20-Jan-2021 16:46
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If can break 5....then 6 will be next level
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