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Piston88 Supreme	08-Dec-2020 12:31        Piston88 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Congrats to all long vested ifast yesterday . We will move to 3 and 4 and 5 very soon . Ifast is a good and strong company . Today cross 3 is not a Joke Contratrader      ( Date: 08-Dec-2020 12:14) Posted: That' s why how can it be a $1 stock? Waiting $2 ...also never touch.....weath management is a big business....ever growing.... anyway good to buy cheap now if can hold and see its potential.. armada      ( Date: 08-Dec-2020 12:03) Posted: A comparative is Value Partners (VP) listed in Hong Kong Mkt Cap of VP is US$1bn with AUM of US$12.4bn. At US$9.5bn AUM, iFast should be valued at US$766m or S$1.02bn Giving it a share price of S$3.68 fair value. There is a reason why it shot up to S$3.96. I have not even covered the potential of securing the third digital wholesale banking license and securing the digitalization of HK' s MPF
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Contratrader Elite	08-Dec-2020 12:14        Contratrader About Contact  Quote this Post!
x 0   x 0  Alert Admin	That' s why how can it be a $1 stock? Waiting $2 ...also never touch.....weath management is a big business....ever growing.... anyway good to buy cheap now if can hold and see its potential.. armada      ( Date: 08-Dec-2020 12:03) Posted: A comparative is Value Partners (VP) listed in Hong Kong Mkt Cap of VP is US$1bn with AUM of US$12.4bn. At US$9.5bn AUM, iFast should be valued at US$766m or S$1.02bn Giving it a share price of S$3.68 fair value. There is a reason why it shot up to S$3.96. I have not even covered the potential of securing the third digital wholesale banking license and securing the digitalization of HK' s MPF
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armada Member	08-Dec-2020 12:03        armada About Contact  Quote this Post!
x 0   x 0  Alert Admin	A comparative is Value Partners (VP) listed in Hong Kong Mkt Cap of VP is US$1bn with AUM of US$12.4bn. At US$9.5bn AUM, iFast should be valued at US$766m or S$1.02bn Giving it a share price of S$3.68 fair value. There is a reason why it shot up to S$3.96. I have not even covered the potential of securing the third digital wholesale banking license and securing the digitalization of HK' s MPF
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Flyingtask Supreme	08-Dec-2020 10:41        Flyingtask About Contact  Quote this Post!
x 0   x 0  Alert Admin	Lol, you hit the point. I am wondering too. All the Kung fu or master suddenly shows up. SGPhantom      ( Date: 07-Dec-2020 16:09) Posted: Wonder where were all these commentors when the price was moving up? Now that the price corrected, (almost) everyone seemed to be holding a crystal ball, knowing that today will come.
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SGPhantom Master	08-Dec-2020 10:27        SGPhantom About Contact  Quote this Post!
x 0   x 0  Alert Admin	You don' t calculate like that. Forward looking please. And for " tech" , look even more further forward. jimimal      ( Date: 08-Dec-2020 10:15) Posted: The value of the asset management normally is about 4% to 6% of total AUM If Ifast AUM currently is 12B ( take 5%) = 0.6B > > > > Ifast value Total Ifast share is 272M so i guess the share price estimation is 0.6B/272M = 2.2 SD without the digital banking licence
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Contratrader Elite	08-Dec-2020 10:16        Contratrader About Contact  Quote this Post!
x 0   x 0  Alert Admin	This price has dropped to a comfortable level even without the license..the stock is in the gowing sector. .good that  we can get cheaper price now......before it flies again
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jimimal Member	08-Dec-2020 10:15        jimimal About Contact  Quote this Post!
x 0   x 0  Alert Admin	The value of the asset management normally is about 4% to 6% of total AUM If Ifast AUM currently is 12B ( take 5%) = 0.6B > > > > Ifast value Total Ifast share is 272M so i guess the share price estimation is 0.6B/272M = 2.2 SD without the digital banking licence
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Sgvale Supreme	08-Dec-2020 10:12        Sgvale About Contact  Quote this Post!
x 0   x 0  Alert Admin	Worth so much? tangsookiam1947      ( Date: 08-Dec-2020 10:04) Posted: how come never dropped below $2?
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Flyingtask Supreme	08-Dec-2020 10:11        Flyingtask About Contact  Quote this Post!
x 0   x 0  Alert Admin	Though singtel got the digital license, the rally is quite disappointing. Since ifast oversold, it is wise to scoop up since company has potential to grow by early 2012 from their China market.
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easywin Supreme	08-Dec-2020 10:10        easywin About Contact  Quote this Post!
x 0   x 0  Alert Admin	BBs support that is why price can sustain
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john_ric Supreme	08-Dec-2020 10:09        john_ric About Contact  Quote this Post!
x 0   x 0  Alert Admin	whatever people say, the share price is now rcovering and on the way up. 2.8x already.  buy while below $3.
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Flyingtask Supreme	08-Dec-2020 10:09        Flyingtask About Contact  Quote this Post!
x 0   x 0  Alert Admin	Already said that I had scooped up from very low tangsookiam1947      ( Date: 08-Dec-2020 10:04) Posted: how come never dropped below $2?
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bishan22 Supreme	08-Dec-2020 10:08        bishan22 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Technical support by MA... tangsookiam1947      ( Date: 08-Dec-2020 10:04) Posted: how come never dropped below $2?
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tangsookiam1947 Master	08-Dec-2020 10:04        tangsookiam1947 About Contact  Quote this Post!
x 0   x 0  Alert Admin	how come never dropped below $2?
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Piston88 Supreme	08-Dec-2020 10:03        Piston88 About Contact  Quote this Post!
x 0   x 0  Alert Admin	🚀 🚀 🚀 🚀 🚀 🚀 Flyingtask      ( Date: 08-Dec-2020 10:01) Posted: Ok, you can leave this thread since u already not vested. :) I had scooped up from very Low Ichimoku      ( Date: 08-Dec-2020 09:56) Posted: --- Post Removed by User ---
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Flyingtask Supreme	08-Dec-2020 10:01        Flyingtask About Contact  Quote this Post!
x 0   x 0  Alert Admin	Ok, you can leave this thread since u already not vested. :) I had scooped up from very Low Ichimoku      ( Date: 08-Dec-2020 09:56) Posted: --- Post Removed by User ---
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Contratrader Elite	08-Dec-2020 09:37        Contratrader About Contact  Quote this Post!
x 0   x 0  Alert Admin	This AUM is already equivalent to a small mini bank ' s wealth management Contratrader      ( Date: 08-Dec-2020 09:29) Posted: Razer still loss making to about 50m...Ifast ' s AUM is 12B ...how to be $1 stock ? uiop1223      ( Date: 08-Dec-2020 09:20) Posted: IFast revenue so little.. it shld be a $1+ stoc
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Piston88 Supreme	08-Dec-2020 09:34        Piston88 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Ifast is the best Flyingtask      ( Date: 08-Dec-2020 09:31) Posted: Why u say that ? Before the digital bank license, I had asked the investor relation. The outlook is positive especially with their full product launched in China by early 2021. Since the price drop, i think it is good buy now. (( As a leading Fintech wealth management platform in Asia, the increase in the pace of digitalisation in the wealth management industry as a result of COVID-19 has indeed led to a rise in our Group?s business volumes. However, we do not see this as a short term trend and believe greater digital adoption in the wealth management industry will continue to be a positive factor underpinning the growth prospects of iFAST Corp. The iFAST business model is one that predominantly involves growing the size of our assets under administration (AUA), where higher AUA will generally lead to higher revenues as the bulk of our recurring revenue is derived as a percentage of the AUA. Currently, more than two-thirds of our net revenue is recurring in nature. We also note that our Group AUA has been growing steadily even before the outbreak of COVID-19, i.e. our Group AUA grew 24.2% YoY to S$10.0 billion as at 30 Dec 2019, resulting from our continuous investment in improving the range and depths of our products and services over the past years. In addition, net inflows of clients? assets into our platforms which contribute directly to the increase in AUA were also at record levels in the past quarters. Based on the abovementioned factors, we believe in the sustainability of our business model and will continue to work hard on cementing our position as a leading Fintech wealth management platform. As shared above and in our 3Q2020 & 9M2020 results, other than the digital banking licence, the Group is expected to launch the following new products and services by early 2021 which we believe will continue to drive our business across the various markets we operate in: 1. Securities Dealing - iFAST Malaysia obtained approval-in-principle to carry out the regulated activity of dealing in securities from the Securities Commission Malaysia in August 2020. The Group expects iFAST Malaysia to launch its stock dealing services as a Participating Organisation of Bursa Malaysia Securities Berhad by early 2021 in Malaysia. 2. Fund Management - iFAST Investment Management China Ltd (?iFAST PFM?) received approval from the Asset Management Association of China for its registration as a Private Fund Manager in September 2020. The Group expects iFAST PFM business to be launched by early 2021 in China. )) uiop1223      ( Date: 08-Dec-2020 09:20) Posted: IFast revenue so little.. it shld be a $1+ stoc
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Flyingtask Supreme	08-Dec-2020 09:31        Flyingtask About Contact  Quote this Post!
x 0   x 0  Alert Admin	Why u say that ? Before the digital bank license, I had asked the investor relation. The outlook is positive especially with their full product launched in China by early 2021. Since the price drop, i think it is good buy now. (( As a leading Fintech wealth management platform in Asia, the increase in the pace of digitalisation in the wealth management industry as a result of COVID-19 has indeed led to a rise in our Group?s business volumes. However, we do not see this as a short term trend and believe greater digital adoption in the wealth management industry will continue to be a positive factor underpinning the growth prospects of iFAST Corp. The iFAST business model is one that predominantly involves growing the size of our assets under administration (AUA), where higher AUA will generally lead to higher revenues as the bulk of our recurring revenue is derived as a percentage of the AUA. Currently, more than two-thirds of our net revenue is recurring in nature. We also note that our Group AUA has been growing steadily even before the outbreak of COVID-19, i.e. our Group AUA grew 24.2% YoY to S$10.0 billion as at 30 Dec 2019, resulting from our continuous investment in improving the range and depths of our products and services over the past years. In addition, net inflows of clients? assets into our platforms which contribute directly to the increase in AUA were also at record levels in the past quarters. Based on the abovementioned factors, we believe in the sustainability of our business model and will continue to work hard on cementing our position as a leading Fintech wealth management platform. As shared above and in our 3Q2020 & 9M2020 results, other than the digital banking licence, the Group is expected to launch the following new products and services by early 2021 which we believe will continue to drive our business across the various markets we operate in: 1. Securities Dealing - iFAST Malaysia obtained approval-in-principle to carry out the regulated activity of dealing in securities from the Securities Commission Malaysia in August 2020. The Group expects iFAST Malaysia to launch its stock dealing services as a Participating Organisation of Bursa Malaysia Securities Berhad by early 2021 in Malaysia. 2. Fund Management - iFAST Investment Management China Ltd (?iFAST PFM?) received approval from the Asset Management Association of China for its registration as a Private Fund Manager in September 2020. The Group expects iFAST PFM business to be launched by early 2021 in China. )) uiop1223      ( Date: 08-Dec-2020 09:20) Posted: IFast revenue so little.. it shld be a $1+ stock Contratrader      ( Date: 08-Dec-2020 08:56) Posted: Razer never get only dropped less than 10%... this ifast dropped 31% ...a bit too much..
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Contratrader Elite	08-Dec-2020 09:29        Contratrader About Contact  Quote this Post!
x 0   x 0  Alert Admin	Razer still loss making to about 50m...Ifast ' s AUM is 12B ...how to be $1 stock ? uiop1223      ( Date: 08-Dec-2020 09:20) Posted: IFast revenue so little.. it shld be a $1+ stock Contratrader      ( Date: 08-Dec-2020 08:56) Posted: Razer never get only dropped less than 10%... this ifast dropped 31% ...a bit too much..
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