Latest Forum Topics /
IFAST
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up and coming
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leroy55
Veteran |
17-Feb-2025 14:42
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consensus cant outmuslce sentiment play. although i expect to be sell on the news once baba earning is released on wednesdaty
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MrBear12
Supreme |
17-Feb-2025 14:37
Yells: "Cast all our anxieties on Jesus for He cares for us" |
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Bear thinks it's a buy
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MrBear12
Supreme |
17-Feb-2025 14:35
Yells: "Cast all our anxieties on Jesus for He cares for us" |
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Consensus seems to be sell
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stlimst
Master |
17-Feb-2025 14:32
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So, buy, hold or sell?
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dontbetray
Master |
17-Feb-2025 14:03
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我 们 中 华 英 雄 梁 文 峰 , 新 时 代 的 英 雄 科 技 风 云 涌 , 梁 文 峰 显 英 才 , 深 度 求 索 一 出 , 照 亮 未 来 来 。 数 学 代 码 , 语 言 推 理 , 无 所 不 能 , 创 新 不 息 。 开 源 模 型 , 助 力 众 人 行 , 成 本 降 低 , 智 者 心 生 。 华 尔 街 惊 叹 , 全 球 为 之 震 , 梁 文 峰 立 下 , 英 雄 之 名 传 。 科 技 风 云 涌 , 梁 文 峰 显 英 才 , 深 度 求 索 一 出 , 照 亮 未 来 来 。 数 学 代 码 , 语 言 推 理 , 无 所 不 能 , 创 新 不 息 。 开 源 模 型 , 助 力 众 人 行 , 成 本 降 低 , 智 者 心 生 。 华 尔 街 惊 叹 , 全 球 为 之 震 , 梁 文 峰 立 下 , 英 雄 之 名 传 。 |
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stlimst
Master |
17-Feb-2025 12:20
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Thanks for your views, Bro. Anyway, I am holding 1 lot in my SRS account bought some time back. Looking at the strong  results and the very positive business forecast., will hold this until it hit $10.
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dontbetray
Master |
17-Feb-2025 11:51
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Traders pile into Hong Kong options after DeepSeek wake-up callMon, Feb 17, 2025  &bull   11:45 AM GMT+08
![]() The year of the snake has started strong for Hong Kong&rsquo s options market.  Since trading resumed after the Lunar New Year, almost 1.2 million puts and calls changed hands daily on average, the most since October, according to data from Hong Kong Exchanges and Clearing.  Investors have increased bets on tech firms and makers of electric vehicles as their shares have surged.  DeepSeek&rsquo s artificial intelligence breakthroughs have boosted optimism over the future of China tech, and companies including BYD  and some digital health providers have already announced integration plans. Traders have rushed to invest in anything that could be a beneficiary, sending the Hang Seng Tech Index to its highest level since 2022 &mdash surpassing the October high triggered by China&rsquo s stimulus blitz.  &ldquo We&rsquo ve seen such a sudden reversal of sentiment post DeepSeek,&rdquo said Vikas Pershad, a portfolio manager at M& G Investments Singapore. &ldquo People are coming back to Chinese equities. It&rsquo s long overdue, and using options is an inexpensive way to get exposure quickly.&rdquo   After slipping at the end of last year, options trading in Hong Kong has rebounded. This month, the daily average volume is already 38% higher than in January.  See also:  DeepSeek a catalyst for Hang Seng to cross reach 26,300 points: CGS International Almost 1.9 million contracts traded on the HKEX on Thursday, the most this year, with options on futures tracking the Hang Seng Tech Index hitting a peak. Bets have also soared for Chinese EV makers and their subsidiaries, including BYD Electronic International, whose options volume climbed to a record. See also:  CATL said to eye filing for Hong Kong listing in coming weeks Derivatives trading has been on the rise in Hong Kong in recent years, with volume reaching a fresh record in 2024. China&rsquo s stimulus bazooka turned the once-beaten shares from the city and mainland into some of the world&rsquo s best before sentiment changed. Just as volatility picked up, HKEX launched weekly contracts on the Hang Seng Tech Index and some single stocks, adding new ways to bet on the market.  China&rsquo s tech hopes &mdash along with worries over US President Donald Trump&rsquo s policies &mdash have boosted stock swings once again. The HSI Volatility Index is up almost 5 points in February, heading for its biggest monthly jump since September.  For Gam Investment Management&rsquo s Jian Shi Cortesi, DeepSeek was like a bell that &ldquo woke up&rdquo investors to Chinese tech.  &ldquo Previously, investors thought AI plays were US large tech, AI semi, and hardware and power,&rdquo said the fund manager from Zurich. &ldquo Now the view is slowly changing to: China is actually quite advanced in tech &mdash EV, drones, robots, AI, solar, battery.&rdquo |
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leroy55
Veteran |
17-Feb-2025 11:36
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i can share with u when i hold stock during that period. experince flying moment when china announce stimulant and deepseek disruption. analyst has positive expectation on alibaba earning . now apple and alibaba collaborate, it will elevate the positive to new level. i do feel it wont hit their expectation but i could be wrong
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st3p178
Member |
17-Feb-2025 11:29
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For it growth PE should be 30-50times.  so base on forward   FY2025 at 30x it should be around $11.  in 2021 when profit was around $30m. Share price was $10. Today at double the profit from last year more than 60m and projected to double. Price is at $8.  the rest is for investors to judge by themselves. For me trend is bonus. Fundamental and earnings is the most important. Profit margin improvement is also very important for wealth platform like ifast. It show the scalability of the biz.   Scalable biz is always a good biz. 😉
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stlimst
Master |
17-Feb-2025 11:22
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Whatever. You may have more intelligence than those Ai chatbots. So buy or hold or sell? Your thoughts?  
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leroy55
Veteran |
17-Feb-2025 11:17
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meta wrong la. china directly impact them. FROM CHAT GPT iFAST, like many investment platforms and financial services companies, may show a positive reaction (like an increase in its stock price) when there is positive sentiment surrounding China&rsquo s tech sector because it could have direct or indirect exposure to this market. Here' s why:
In short, the fly in iFAST&rsquo s stock could be due to how the company or its investors react to broader market sentiment, especially when it&rsquo s positive toward an important sector like tech in China.
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leroy55
Veteran |
17-Feb-2025 11:12
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omg , the pe ratio so high back in the days
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st3p178
Member |
17-Feb-2025 11:05
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some historical data  from Bloomberg. Nov 7 2023, $6.99 PE125.72 April 26 2024, $7.10 PE 52.79 today $8,05 PE 35.25 🤣 🤣 🤣 My thinking very simple.  32m profit- share price $6.80 PE  66m profit - share price $7.80 100m profit - share price $8.80 So, at least $8.80 by end of the year. 🤣 But I think $8.80 is too conservative if they deliver $100m as projected🤣 🤣 🤣 vested |
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stlimst
Master |
17-Feb-2025 10:43
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Thanks Bro Leroy55. From Meta AI : " iFAST' s connection to the Chinese tech rally isn' t explicitly stated, but we can make some educated guesses based on available information. As a Singapore-based company, iFAST' s business might not be directly affected by the Chinese tech rally. However, since iFAST offers investment products and services, including those related to Chinese markets, any significant fluctuations in Chinese tech stocks could indirectly impact iFAST' s business ¹ .
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leroy55
Veteran |
17-Feb-2025 10:29
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didnt u notice, ifast fly whenever there chinese tech rally like deepseek. n they do fly whenever china stimulant news comingout.  but its is sentiment flow,will sell on news.. not a fundamental play from DEEPSEEK  iFast, a financial technology company, tends to perform well when there is positive news from China due to several interconnected factors:
In summary, iFast' s performance is closely tied to the overall health of the financial markets and economic conditions in Asia. Positive news from China, being a significant economic force, tends to uplift market sentiment and economic activity, thereby benefiting iFast.
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SmallSmall
Supreme |
17-Feb-2025 10:19
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:) Already say no turning back. Relax and enjoy the ride to $9 followed by $10
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shk363
Elite |
17-Feb-2025 10:14
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Singapore stocks just buy DBS and iFast can liao. baojiak.
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stlimst
Master |
17-Feb-2025 10:01
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Bro, What' s these got to do with iFAST? Should i hold on to my iFAST investment??
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dontbetray
Master |
17-Feb-2025 09:43
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China tech rally !!! alibaba work with Apple alibaba earning is on Thursday!!! TRADE WiTH CARE!!!!!!! WE ARE IN SPECULATION PHASE!!!! |
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Joelton
Supreme |
14-Feb-2025 12:13
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Pension segment and new licence to grow wealth management business: iFast CEO
NII is a key growth driver for its digital bank, iFast Global Bank
 
THE core wealth management business of iFast recovered in 2024, with net inflows of S$3.3 billion compared to S$2 billion the year prior.
 
Gross unit trust subscription increased to S$7.4 billion compared with S$4.5 billion in 2023, and fixed income turnover reached new highs in Q4 2024 of more than S$1 billion over the last seven years.
 
Now, iFast aims to hit assets under administration (AUA) of S$100 billion by 2028 to 2030, up from S$25 billion at the end of 2024, said Lim Chung Chun.
 
&ldquo If we continue that 26 per cent annual growth we will hit S$100 billion by 2030, if we grow at 32 per cent we will do so by 2028-2029,&rdquo added the chief executive.
 
The company&rsquo s ePension services has contributed significantly to iFast&rsquo s increase in revenue and profitability for 2024. This contribution is expected to increase in 2025 as the business onboards more customers and the Occupation Retirement Scheme Ordinance (ORSO) business begins to contribute sometime in Q2 2025.
 
The delay in rolling out ORSO, which was previously slated for Q1 2025, has been chalked down to the need for more testing to ensure smooth service at launch. There are also preparations for the potential expansion of iFast&rsquo s pension services into Macau through collaboration with a partner.
 
In Hong Kong, the company has consistently exceeded its gross revenue and profit before tax targets for 2023 and 2024. In 2024, gross revenue stood at HK$866 million (S$150 million), higher than the target of HK$800 million, and net profit before tax for the same period was HK$309 million, higher than a targeted HK$250 million.
 
Over in Malaysia, iFast has scored a registered market operator licence, allowing the company to trade bonds there. &ldquo We will be going live sometime this year, and that is something that we expect will steadily allow our overall bond business to grow,&rdquo said Lim.
 
In Singapore, one of iFast&rsquo s biggest markets, the China desk was recently launched in December 2024. This was an effort to capture a higher share of the Chinese money in Singapore, said Lim, with an aim to improve services to Chinese clients with a dedicated desk.
 
&ldquo Including having Chinese colleagues based here, it will allow us to better serve the Chinese clients,&rdquo he said.
 
Banking on growth
iFast Global Bank (iGB) turned profitable in Q4 2024, with Lim expecting the digital bank to remain profitable through 2025. It took less than three years (since iFast acquired the UK bank in 2022) to become profitable.
 
Costs for iGB were managed, with Lim attributing the profitability drive to iFast&rsquo s capabilities. IGB also crossed S$1 billion in deposits at the end of 2024.
 
Net interest income (NII) will be a growth driver for the bank. The metric has consistently grown since Q2 2023 from £ 293,060 (S$492,000) to £ 2.1 million in Q4 2024. Only fees from EzRemit, iGB&rsquo s remittance service, of £ 2.2 million, were higher than the NII.
 
As iGB grows its deposit base, NII is expected to grow along with it.
 
&ldquo We do expect that the NII will be the biggest driver going forward,&rdquo said Lim.
 
Even as interest rates fall, he is confident that NII will continue to grow, citing iGB&rsquo s different starting point. Unlike traditional banks, iGB has passed on more rates on the savings and current accounts initially as their services were not as developed.
 
Now as services have matured more, iGB expects to make better margins, and when rates are cut, rates for accounts can also be cut correspondingly.
 
In response to questions about any plans to potentially add another bank in Europe or Singapore, Lim said that the company does not intend to acquire another bank. Instead, it will apply for a banking licence in the European Union to expand its market.
 
On the dividend front, iFast expects that it would not pay out up to 50 per cent of profit like in the past. With its ambitions to grow as well as higher capital needs for its banking operations, dividend distributions will not be at the same level.
 
But Lim still expects to continue growing dividend per share each year.
 
&ldquo In 2024, we paid about 26 per cent, I think that can probably be taken as a ballpark pay out ratio for 2025,&rdquo he said.
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