Latest Forum Topics /
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up and coming
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uiop1223
Supreme |
07-Dec-2020 10:24
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You are right.
I think digital license in sg will end up like giving telco license to RLTPG. People in sg has access to banking unlike china before Jack Ma?s Ant company. I worked in china early 2000s and many of the people had no access to banking services. They dont have credit cards and cannot buy things online. Thats why Jack Ma so successful. I doubt the digital licenses will be very profitable in sg.. i suppose Grab will target pinoy maids and bangla workers that are under served by 3 local banks. iFast shld target ctries whose population are under served by banks
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SGPhantom
Master |
07-Dec-2020 10:20
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It' s better to have a massive correction, rather than a slow and downward spin. The steeper the correction, the faster the recovery. Notes: 1. This may / may not be the bottom yet. I don' t know. 2. Don' t hope that it will go back to the previous high anytime soon. However, this is a keeper, long term. Pick and enter at your comfortable levels. |
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brchkho1
Master |
07-Dec-2020 10:11
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Watch out for margin calls later.
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Flyingtask
Supreme |
07-Dec-2020 10:07
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Why I say that
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. 3. They will try to bid for digital license. Take note they also mentioned overseas. Great, today headline news will be (( home grown fintech share price drop because of sg digital banking license failures?))
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alleyboy
Veteran |
07-Dec-2020 10:06
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Only 7 million shares traded. Alot still holding on though. | ||||
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alleyboy
Veteran |
07-Dec-2020 10:04
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Great plans. But not at current price level. Overvalued/overbought cos of news tat doesnt materialise.
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uiop1223
Supreme |
07-Dec-2020 10:03
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Here is not CCP. Dont use CCP standards to judge sg regulatory laws
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Piston88
Supreme |
07-Dec-2020 10:01
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Yes very soon.
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Eugenetss
Member |
07-Dec-2020 10:00
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So many damage control posts by investors... this counter is over bought previously and now it?s time it went back to where it belongs.... below $2 | ||||
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ETLee8
Master |
07-Dec-2020 10:00
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They failed to get a Wholesale Banking Licence. Full Digital Banking Licence include Wholesale banking. So how to get ???? Lau Sai lah | ||||
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Flyingtask
Supreme |
07-Dec-2020 09:53
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Those who sell might regret later . This company still have great plans ahead.
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easywin
Supreme |
07-Dec-2020 09:51
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quite sensible analysis
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Piston88
Supreme |
07-Dec-2020 09:48
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Panic selling morning . Anything can happen . Ants group ipo can rejected so anything may happen after working hour announcement
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alleyboy
Veteran |
07-Dec-2020 09:48
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Good news is they will try to apply for the license again. Damage control..
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Piston88
Supreme |
07-Dec-2020 09:46
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High risk high return ... may announce another good news soon .
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Surin888
Senior |
07-Dec-2020 09:45
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Looks like it may cross $2 instead. Panic selling. Unexpected.
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ETLee8
Master |
07-Dec-2020 09:44
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Will lau sai more to come lah. Wholesale licence can not get, how to get Full Digital Banking Licence ??? Small one can not already how to get Big one ?? Think Yrself is this logical ??? Run for yr life ok. | ||||
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Eugenetss
Member |
07-Dec-2020 09:43
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Bingo... I?m spot on . This will continue to drop till below $2.
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s100125
Elite |
07-Dec-2020 09:42
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What rock? More like little Boy nueclear bomb.
Fat boy coming next.
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crystalbee
Veteran |
07-Dec-2020 09:40
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This news is worse than vaccine news for glove counters where 20% share price drop seen. At least glove counters still have huge profits to support fundamental basis to hold their shares. | ||||
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