IFAST    Last:8.94    -0.09

GSH

Some forumers are juz talking down and
wanna cheap. Period.

Rather , they neglect the positive sides of the Co
biz guidance and expansion plans and focused
the downside on potential risk/disruption tat may arises
which is a small subset .

And tat culd happen to any Co tat wl be affected in industries like Energy, Maritime and shipping, Aviation and Travel, Petrochemical, Agriculture n fertiliser, Tourism and hospitality, Finance and cyber security etc... we shld also see warnings fm Co fm these industries .

Letz C

 

Juz a normal routine risk disclosure being cautionary (not necessarily wl happen) and transparent as a listed Co and keeping shareholders abreast of.

Any Disruption is a small subset of the entire AUA and possibly temp if no prolonged war.

Funny thing pple treat it as a doomsday. There wl be more Co issuing such statement arising fm this war conflict.

No one nor any industries is immuned to any escalation and prolonged war when disruption arises. including the AI frenzy

Eg. Juz like Riverstone, warning abt rise in raw material costs.

Rather, investors shld take note of forthcoming events which wl DIRECTLY AFFECT N BENEFIT IFast which The group expects DOUBLE digit growth in its Hong Kong business in 2026, with additional upside from its Orso pension administration business, which starts contributing in the second half of 2026.
Epension fm Macau and collaboration with ANT and Alipay wl start their contributions too.

Look at the bigger pic as a whole which the Co still guiding a Healthy growth FY26 with higher dividend payout of 10.5ct or more.. that's more relevant and realistic

Co also start doing their SBB which wl render support and confidence to protect and enhance shareholders value.

Letz C

 

can take a bet if that happens...

tangsookiam1947      ( Date: 26-Apr-2026 09:37) Posted: wait at $5...? tongphlp      ( Date: 25-Apr-2026 18:43) Posted: looks and sounds bad...bloodbath on Mon

 

wait at $5...?

tongphlp      ( Date: 25-Apr-2026 18:43) Posted: looks and sounds bad...bloodbath on Mon? tonytony      ( Date: 25-Apr-2026 11:37) Posted: Chairman just wanted to send a message  to the investment public , " Dont blame me for not warning you earlier " . Guees he knew the trouble ahead

 

looks and sounds bad...bloodbath on Mon?

tonytony      ( Date: 25-Apr-2026 11:37) Posted: Chairman just wanted to send a message  to the investment public , " Dont blame me for not warning you earlier " . Guees he knew the trouble ahead ! Joelton      ( Date: 25-Apr-2026 10:24) Posted: iFast says it&rsquo s not a key beneficiary of crisis-driven inflows, flags risk from Middle East tensions The fintech platform also unveils its planned CAGR at its AGM on Friday, but shareholders question the projections [SINGAPORE] Fintech platform iFast has said it has not had a meaningful uplift in inflows, despite the Middle East conflict having driven capital into major financial hubs such as Singapore, Hong Kong and London, where it operates. Lim Chung Chun, chairman and group CEO of iFast Corporation, said at the group&rsquo s annual general meeting (AGM) on Friday (Apr 24): &ldquo We are so far not the key beneficiary.&rdquo He noted that much of the inflows were instead from high-net-worth investors, but added that iFast&rsquo s exposure to this client base was limited. Speaking to more than 500 shareholders at the Sands Expo and Convention Centre, he warned that further escalation in Middle East tensions could hit iFast in the short term, particularly its unit trust and stock business. At the start of the AGM, Jean Paul Wong, executive director of iFast, took the shareholders through the company&rsquo s Q1 2026 results, which were released the day before. The company&rsquo s net profit jumped 47.3 per cent to S$28 million for the three months ended Mar 31, 2026, up from S$19 million in the year-ago period. More details were disclosed about iFast&rsquo s three-year plan (for 2026 to 2028) to grow its assets under administration (AUA) to S$100 billion by 2030. This is expected to take its compound annual growth rate (CAGR) to 25.6 per cent or higher over the next five years. Under the plan, the key markets of Singapore and Hong Kong are to grow at a CAGR of 22.5 per cent and 26.2 per cent, respectively. Meanwhile, iFast Global Bank could grow at a CAGR of 56.9 per cent under the group&rsquo s push to scale its digital banking capabilities. Shareholders raised concerns on the bank&rsquo s rate of growth, comparing it with other platforms such as Revolut they also asked whether the projected CAGR of 56.9 per cent was too ambitious. In response, Lim said that the base of iFast&rsquo s AUA for 2025, at S$1.6 billion, was a low one, but that moving towards the target of S$15 billion was achievable. The group is also counting on artificial intelligence to drive efficiency. The company expects the overall group headcount to peak in mid-2026, and be at a lower level at the end of 2028, which would pave the way for improved profit margins from 2027. On how AI would benefit the group, Lim said the payoffs would come mainly in areas such as customer service and technology. Business updates On strategic moves, iFast said that its planned acquisition of a 30 per cent stake in Financial Alliance Corporation in January had an earnings yield of about 6 per cent, comparing it to the debt raised in early March this year at a 2.75 per cent coupon rate. Separately, iFast is pushing ahead with its &ldquo Truly Global&rdquo Business model. Under this exercise, iFast&rsquo s direct-to-consumer retail investment platform, FSMOne, will be rebranded as FSM Global in Singapore and Hong Kong. There will also be a new partnership with Ant International to expand cross-border payment capabilities. The group expects double-digit growth in its Hong Kong business in 2026, with additional upside from its Orso pension administration business, which starts contributing in the second half of 2026. Ten resolutions were passed at Friday&rsquo s AGM, including the approval of a final dividend of S$0.025 a share for FY2025, and the granting of options to Lim. Shares of iFast closed S$0.49 or 5.2 per cent lower at S$9 on Friday.

 

Chairman just wanted to send a message  to the investment public , " Dont blame me for not warning you earlier " . Guees he knew the trouble ahead !

Joelton      ( Date: 25-Apr-2026 10:24) Posted: iFast says it&rsquo s not a key beneficiary of crisis-driven inflows, flags risk from Middle East tensions The fintech platform also unveils its planned CAGR at its AGM on Friday, but shareholders question the projections [SINGAPORE] Fintech platform iFast has said it has not had a meaningful uplift in inflows, despite the Middle East conflict having driven capital into major financial hubs such as Singapore, Hong Kong and London, where it operates. Lim Chung Chun, chairman and group CEO of iFast Corporation, said at the group&rsquo s annual general meeting (AGM) on Friday (Apr 24): &ldquo We are so far not the key beneficiary.&rdquo He noted that much of the inflows were instead from high-net-worth investors, but added that iFast&rsquo s exposure to this client base was limited. Speaking to more than 500 shareholders at the Sands Expo and Convention Centre, he warned that further escalation in Middle East tensions could hit iFast in the short term, particularly its unit trust and stock business. At the start of the AGM, Jean Paul Wong, executive director of iFast, took the shareholders through the company&rsquo s Q1 2026 results, which were released the day before. The company&rsquo s net profit jumped 47.3 per cent to S$28 million for the three months ended Mar 31, 2026, up from S$19 million in the year-ago period. More details were disclosed about iFast&rsquo s three-year plan (for 2026 to 2028) to grow its assets under administration (AUA) to S$100 billion by 2030. This is expected to take its compound annual growth rate (CAGR) to 25.6 per cent or higher over the next five years. Under the plan, the key markets of Singapore and Hong Kong are to grow at a CAGR of 22.5 per cent and 26.2 per cent, respectively. Meanwhile, iFast Global Bank could grow at a CAGR of 56.9 per cent under the group&rsquo s push to scale its digital banking capabilities. Shareholders raised concerns on the bank&rsquo s rate of growth, comparing it with other platforms such as Revolut they also asked whether the projected CAGR of 56.9 per cent was too ambitious. In response, Lim said that the base of iFast&rsquo s AUA for 2025, at S$1.6 billion, was a low one, but that moving towards the target of S$15 billion was achievable. The group is also counting on artificial intelligence to drive efficiency. The company expects the overall group headcount to peak in mid-2026, and be at a lower level at the end of 2028, which would pave the way for improved profit margins from 2027. On how AI would benefit the group, Lim said the payoffs would come mainly in areas such as customer service and technology. Business updates On strategic moves, iFast said that its planned acquisition of a 30 per cent stake in Financial Alliance Corporation in January had an earnings yield of about 6 per cent, comparing it to the debt raised in early March this year at a 2.75 per cent coupon rate. Separately, iFast is pushing ahead with its &ldquo Truly Global&rdquo Business model. Under this exercise, iFast&rsquo s direct-to-consumer retail investment platform, FSMOne, will be rebranded as FSM Global in Singapore and Hong Kong. There will also be a new partnership with Ant International to expand cross-border payment capabilities. The group expects double-digit growth in its Hong Kong business in 2026, with additional upside from its Orso pension administration business, which starts contributing in the second half of 2026. Ten resolutions were passed at Friday&rsquo s AGM, including the approval of a final dividend of S$0.025 a share for FY2025, and the granting of options to Lim. Shares of iFast closed S$0.49 or 5.2 per cent lower at S$9 on Friday.

 

iFast says it&rsquo s not a key beneficiary of crisis-driven inflows, flags risk from Middle East tensions

The fintech platform also unveils its planned CAGR at its AGM on Friday, but shareholders question the projections

[SINGAPORE] Fintech platform iFast has said it has not had a meaningful uplift in inflows, despite the Middle East conflict having driven capital into major financial hubs such as Singapore, Hong Kong and London, where it operates.

Lim Chung Chun, chairman and group CEO of iFast Corporation, said at the group&rsquo s annual general meeting (AGM) on Friday (Apr 24): &ldquo We are so far not the key beneficiary.&rdquo

He noted that much of the inflows were instead from high-net-worth investors, but added that iFast&rsquo s exposure to this client base was limited.

Speaking to more than 500 shareholders at the Sands Expo and Convention Centre, he warned that further escalation in Middle East tensions could hit iFast in the short term, particularly its unit trust and stock business.

At the start of the AGM, Jean Paul Wong, executive director of iFast, took the shareholders through the company&rsquo s Q1 2026 results, which were released the day before.

The company&rsquo s net profit jumped 47.3 per cent to S$28 million for the three months ended Mar 31, 2026, up from S$19 million in the year-ago period.

More details were disclosed about iFast&rsquo s three-year plan (for 2026 to 2028) to grow its assets under administration (AUA) to S$100 billion by 2030. This is expected to take its compound annual growth rate (CAGR) to 25.6 per cent or higher over the next five years.

Under the plan, the key markets of Singapore and Hong Kong are to grow at a CAGR of 22.5 per cent and 26.2 per cent, respectively.

Meanwhile, iFast Global Bank could grow at a CAGR of 56.9 per cent under the group&rsquo s push to scale its digital banking capabilities.

Shareholders raised concerns on the bank&rsquo s rate of growth, comparing it with other platforms such as Revolut they also asked whether the projected CAGR of 56.9 per cent was too ambitious.

In response, Lim said that the base of iFast&rsquo s AUA for 2025, at S$1.6 billion, was a low one, but that moving towards the target of S$15 billion was achievable.

The group is also counting on artificial intelligence to drive efficiency.

The company expects the overall group headcount to peak in mid-2026, and be at a lower level at the end of 2028, which would pave the way for improved profit margins from 2027.

On how AI would benefit the group, Lim said the payoffs would come mainly in areas such as customer service and technology.

Business updates

On strategic moves, iFast said that its planned acquisition of a 30 per cent stake in Financial Alliance Corporation in January had an earnings yield of about 6 per cent, comparing it to the debt raised in early March this year at a 2.75 per cent coupon rate.

Separately, iFast is pushing ahead with its &ldquo Truly Global&rdquo Business model. Under this exercise, iFast&rsquo s direct-to-consumer retail investment platform, FSMOne, will be rebranded as FSM Global in Singapore and Hong Kong.

There will also be a new partnership with Ant International to expand cross-border payment capabilities.

The group expects double-digit growth in its Hong Kong business in 2026, with additional upside from its Orso pension administration business, which starts contributing in the second half of 2026.

Ten resolutions were passed at Friday&rsquo s AGM, including the approval of a final dividend of S$0.025 a share for FY2025, and the granting of options to Lim.

Shares of iFast closed S$0.49 or 5.2 per cent lower at S$9 on Friday.

 

Great to see Ifast doing SBB to render support
and inject investors confidence.

They wl buy again.

JurongW      ( Date: 24-Apr-2026 18:39) Posted: SBB today - 73,100 shares bought at 8.86 to 8.96 ($652,652)

 

SBB today - 73,100 shares bought at 8.86 to 8.96 ($652,652)

 

To the envy of many, I only got one of them

But I thinked their valuations already over stretched and 
hopefully their earnings can keep up in tandem.

I' m selling into strength.... leave some meat for others.

Muddy Waters once again looking into shorting the
AI related stocks.

JurongW      ( Date: 24-Apr-2026 14:46) Posted: Just look at AEM, Frencken, UMS, and Nanofilm. It seems all the hot money has rotated into these AI linked tech stocks, which are very much the hot trend or market craze these days.

 

Just look at AEM, Frencken, UMS, and Nanofilm.
It seems all the hot money has rotated into these AI linked tech stocks, which are very much the hot trend or market craze these days.

 

12:54 AM EDT, 04/24/2026 (MT Newswires) -- IFast Corp.'s (SGX:AIY) net profit attributable to owners surged 47% during the first quarter of the year to SG$28.0 million from SG$19.0 million a year earlier, according to a Thursday filing with the Singapore Exchange.

Shares of the payment solutions provider were down nearly 5% in Friday trading.

Earnings per share came in at SG$0.0906 compared with SG$0.0619 in the year-ago period.

Total revenue climbed 45% year over year to SG$154.5 million from SG$106.9 million, backed by strong growth in the ePension division.

The company declared an interim cash dividend of SG$0.025 per share, up from SG$0.016 per share a year earlier. The dividend will be paid on June 11.

 

No drinks nor food for IFAST agm.

 

Good question, bro

So we need to be discreet abt what the analysts
say with a pinch of salt and open our eyes big and wide

But the mgmt already proven and delivered what they promised
1) healthy growth ...1Q NP up 47.3%
2) 1Q dividend - up 55.3%

Mgmgt guided healthy growth for FY26 with at least 10.5ct
dividend or more as compared 8.4ct for FY25.

All analysts are sanguine with IFast progress and current
framework is generating free cash flow and debt free.

So, I wuld align my view with the analysts and agree
there is more upside to IFAST share price 

Cheerz

tongphlp      ( Date: 24-Apr-2026 11:03) Posted: funny part is if they call to accumulate, r they doing so? or are they sucking retailers in while they use the chance to dump? msksmsks      ( Date: 24-Apr-2026 10:18) Posted: Sharing along fm both Lim&Tan and CGI Both called for Accumulate and Buy with target price $12.21 & $13.30 respectively Don see any reason for such selldown. Letz see wl Co embark SBB to show support and confidence

 

Hv written to the IR of IFast and addressed
some concerns..  See what they say

Hopefully, they wl do something constructive 
to protect and enhance shareholders value.

In investing, understand what u are buying and
know what' s forthcoming....

IFast is still in growth stage which they hv 3 years plan
vision...

Hv benefited greatly fm Frencken, HLA, Food Empire, Sembcorp...

IFast wl be next.....

Letz C

 

iFast Q1 profit up 49.4% to S$28 million

Revenue is up 49% to S$136.8 million its wealth management and Hong Kong ePension businesses are more profitable

[SINGAPORE] Fintech platform iFast Corporation : AIY -1.15% reported a 47.3 per cent jump in net profit to S$28 million for the three months ended Mar 31, 2026, up from S$19 million in the year-ago period.

This was due to growth in its core wealth management business as well as its Hong Kong ePension business, iFast said in a bourse filing on Thursday (Apr 23).

Revenue climbed 49.4 per cent to S$136.8 million, up from S$91.6 million in the year before.

On a per-share basis, earnings climbed 44.4 per cent to S$0.092.

An interim dividend of S$0.025 a share was declared, higher than the S$0.016 a share in the year-ago period.

The group said that it expects to propose a total dividend of S$0.105 a share or higher for 2026, at least a 25 per cent more than in 2025.

For its wealth-management business, assets under administration went up 27.1 per cent to a record of S$32.6 billion.

Continued growth expected

The group said that it registered growth in all its markets, with Singapore as the main contributor group net inflows in the quarter amounted to S$1.3 billion.

It also forecasts &ldquo healthy growth rates&rdquo in revenues and profitability, with its Hong Kong business targeting double-digit growth in these areas for 2026. The company&rsquo s Orso pension administration business &ndash an employer-driven, voluntary retirement scheme &ndash will start contributing in the second half of the year.

The group will continue to execute its Three-Year Plan (2026 to 2028), with the aim of becoming a global digital banking and wealth management platform centring on the wealth hubs of Singapore, Hong Kong and London.

It also targets to have S$100 billion in assets under administration by 2030, and will continue developing its ePension and fintech services, among other things.

Shares of iFast closed down 1.1 per cent or S$0.11 at S$9.49 before the announcement.

 

DBS also called for Buy
with TP$12.15

All analysts called for Buy yet
the price showed otherwise.

Analysts are wrong or BB
playing against the retails?

As mentioned, numbers don lie.

Fundamentally, IFast is doing fine
with global expansion along with
ANT, Ali pay and also existing
framework which is generating
free cash flow .

When biz does well, the price shall
follow.

Hopefully , Co wl do something
constructive to enhance shareholders
value.

Letz C

msksmsks      ( Date: 24-Apr-2026 10:18) Posted: Sharing along fm both Lim&Tan and CGI Both called for Accumulate and Buy with target price $12.21 & $13.30 respectively Don see any reason for such selldown. Letz see wl Co embark SBB to show support and confidence msksmsks      ( Date: 24-Apr-2026 10:02) Posted: I standby my Buy conviction. for IFast whom had delivered a sterling set of result with higher dividend payout. No idea why kenna sell down and yet to see any analysts rpt yet. If anyone had any updates, kindly share along. Tks

 

funny part is if they call to accumulate, r they doing so? or are they sucking retailers in while they use the chance to dump?

msksmsks      ( Date: 24-Apr-2026 10:18) Posted: Sharing along fm both Lim&Tan and CGI Both called for Accumulate and Buy with target price $12.21 & $13.30 respectively Don see any reason for such selldown. Letz see wl Co embark SBB to show support and confidence msksmsks      ( Date: 24-Apr-2026 10:02) Posted: I standby my Buy conviction. for IFast whom had delivered a sterling set of result with higher dividend payout. No idea why kenna sell down and yet to see any analysts rpt yet. If anyone had any updates, kindly share along. Tks

 

Let' s see if management start buying shares due to sharp drop today.
Share price is now trading above 200EA, but below 50EMA.  Need to move above 50EMA at ~930 to stop the downtrend.

 

 

Sharing along fm both Lim&Tan and CGI

Both called for Accumulate and Buy with
target price $12.21 & $13.30 respectively

Don see any reason for such selldown.

Letz see wl Co embark SBB to show
support and confidence

msksmsks      ( Date: 24-Apr-2026 10:02) Posted: I standby my Buy conviction. for IFast whom had delivered a sterling set of result with higher dividend payout. No idea why kenna sell down and yet to see any analysts rpt yet. If anyone had any updates, kindly share along. Tks