Latest Forum Topics /
IFAST
Last:8.9
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up and coming
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hokpin
Supreme |
15-Jan-2021 09:33
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8% more than analysts' target price. Set our own TP and take profit. | ||||
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Contratrader
Elite |
15-Jan-2021 09:31
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Wow 4.50..swee
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Contratrader
Elite |
15-Jan-2021 09:29
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4.47    Wow so fast want to reach 4.50...Huat ah
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Sgvale
Supreme |
15-Jan-2021 09:26
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Very song. Close 2 eyes everyday UP | ||||
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alleyboy
Veteran |
15-Jan-2021 09:14
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Wahlou eh! To the roof! |
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SGPhantom
Master |
15-Jan-2021 09:13
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Amazing!! Will book some more profit soon.
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hokpin
Supreme |
15-Jan-2021 09:12
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Running like mad horse again! | ||||
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SGPhantom
Master |
14-Jan-2021 21:39
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Don' t read too much on TPs.
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ninjawarrior
Member |
14-Jan-2021 21:26
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Found an article from Jeffries on IFast....very interesting.
https://www.jefferies.com/ https://s3-ap-southeast-1.amazonaws.com/investingnote-production-webbucket/attachments/4ceb8b3efbd135af146a13ee7116714814e10e47.pdf?1610342222 |
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john_ric
Supreme |
14-Jan-2021 20:37
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ifast' s share price has surpassed his price target of 4.15//
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crystalbee
Veteran |
14-Jan-2021 18:59
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$4 liao....awesome.  That is 60% jump from $2.60  when it failed to get digital bank license. Those who sold at that time must be  feeling bad.  | ||||
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Surin888
Senior |
14-Jan-2021 16:34
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iFAST Corporation is on track to report record 4QFY2020 earnings with net profit rising 140% y-o-y, says CGS-CIMB Research. This is despite missing out on a digital wholesale banking licence in Singapore last month.
  CGS-CIMB analyst Andrea Choong is reiterating &ldquo hold&rdquo on the wealth management company with a raised target price of $4.15 from $3.41.   &ldquo We believe that growth prospects for FinTech and wealth management platform operators such as iFAST Corporation will remain firm going into FY2021F,&rdquo says Choong in a Jan 13 note.   The company announced on Jan 6 that its assets under administration (AUA) reached another record high level of $14.45 billion as at Dec 31, 2020.   The figure represents a 44.5% growth from $10 billion as at Dec 31, 2019, and a 14.8% increase q-o-q from $12.59 billion as at Sept 30, 2020.   &ldquo We understand that the strong momentum came largely from market sentiments turning more bullish in the quarter, spurring investing trading volumes. By product, unit trusts made up the bulk of the absolute increase, while stocks and ETFs maintained their [more than] 30% q-o-q growth rate (since 2QFY2020),&rdquo adds Choong.   Most of the AUA growth in 4QFY2020 stemmed from Singapore, as the pace in Hong Kong and Malaysia slowed. The group&rsquo s Singapore operations grew 52.8% y-o-y for its AUA. |
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Contratrader
Elite |
14-Jan-2021 16:32
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Mkt hot , anything is possible..pennies no analysts' tgt ..also 1c anyhow run until 5-10c...at least this stock got some substance. .this Jan capricorn and CNY rally usually last 1-2 months ..when signals tide going to turn then better be careful la..  
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hokpin
Supreme |
14-Jan-2021 16:31
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www.theedgesingapore.com/capital/brokers-calls/expect-record-4q20-earnings-ifast-corp-record-aua-cgs-cimb
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hokpin
Supreme |
14-Jan-2021 16:30
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&ldquo Consequently, we expect iFAST to post PATMI of approximately $7.1m in 4QFY2020F,&rdquo says Choong, an increase of 16% q-o-q and 140% y-o-y for the company. 
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turtletrader
Senior |
14-Jan-2021 16:25
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Think the results announcement for 4th Q 2020 will be very good and exceeding expectation, huat ah to all longist!! DYODD.   |
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hokpin
Supreme |
14-Jan-2021 16:22
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Haha, okok!
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turtletrader
Senior |
14-Jan-2021 16:21
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Just do nothing lah. Cling on tightly and wait for results rebouncement. As long as AUM keeps increasing quarter by quarter, do nothing is the best approach:)
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john_ric
Supreme |
14-Jan-2021 16:16
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Nobody wants to sell. Everyone clinging tight to it. | ||||
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alleyboy
Veteran |
14-Jan-2021 16:11
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Eh. Not so fast leh. Heart cant take it. Slowly up n up. Start with gear 2.:)
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