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DBS no.2 in the making..
tangsookiam1947 ( Date: 27-Oct-2025 23:06) Posted:
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iFast soars to all-time high on robust Q3 earnings
Counter hits S$9.99 in early trading before shedding some gains to trade over 6% up in late morning
[SINGAPORE] Shares of digital wealth management platform iFast : AIY +6.28% soared nearly 8.2 per cent on Monday (Oct 27) morning, the first trading day after it posted a 54.7 per cent rise in net profit.
Its net profit jumped to S$26 million for its third quarter ended Sep 30, from S$16.8 million in the previous corresponding period.
The counter surged S$0.76 to a new record of S$9.99 at 9.02 am, before giving up some of its early gains to trade at S$9.80 in the late morning.
Last Friday, the company posted earnings per share of S$0.0856 for the quarter on profit of S$26 million, up from S$0.0564 the previous year.
Revenue was up 37 per cent year on year at S$135.8 million, from S$99.1 million.
The company attributed its increased profitability to growth in its Hong Kong ePension business, continued improvement in its core wealth management platform business, and the turnaround of iFast Global Bank.
The iFast Global Bank segment recorded net profit of S$310,000 in Q3, reversing from a loss of S$820,000 in the previous corresponding period.
these few days should cross $10....dydd...
MrBear12 ( Date: 27-Oct-2025 21:25) Posted:
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More likely end of the month
turtletrader ( Date: 22-Oct-2025 15:22) Posted:
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Just a few announcemnts that our EQDP managers invest or upz their stakes in IFAST will give the " viagra" boost to push over $10.
A matter of not when but how soon?
Vested
A matter of not when but how soon?
Vested
Reaching S$10.50 of Alē theia Capital' s target soon ?
New upgrades coming this week?
New upgrades coming this week?
Net profit and stock price before release of financial result
Q1 19m $7.19
Q2 22m $7.42
Q3 26m $9.23
all the best for the opening and bext few weeks...💪 💪 💪 🤣 🙏 🙏 🙏
Q1 19m $7.19
Q2 22m $7.42
Q3 26m $9.23
all the best for the opening and bext few weeks...💪 💪 💪 🤣 🙏 🙏 🙏
asset light model.....iFast is not a property developer where we focus on things like RNAV etc...hahaha
Trainner ( Date: 26-Oct-2025 09:27) Posted:
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The NAV is only $1.2171..... very low as compared to the stock price ($9.23).
Is the stock price running too much ahead of the business performance?
Is the stock price running too much ahead of the business performance?
alexvar ( Date: 25-Oct-2025 19:39) Posted:
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wow, damn great results! blockbuster!!
net income up ~ 55 %
sales up ~ 37% !!!!
vesteddd!!!
net income up ~ 55 %
sales up ~ 37% !!!!
vesteddd!!!
iFast Q3 net profit rises 54.7% to S$26 million on overall revenue growth
Revenue expands 37% to S$135.8 million, with earnings per share of S$0.0856
[SINGAPORE] Digital bank and wealth management platform iFast : AIY -0.11% posted a 54.7 per cent rise in net profit to S$26 million for its third quarter ended Sep 30, from S$16.8 million in the previous corresponding period.
Earnings per share stood at S$0.0856 for the quarter, up from S$0.0564 the previous year.
Meanwhile, revenue was up 37 per cent year on year at S$135.8 million, from S$99.1 million.
The company on Friday (Oct 24) said its increased profitability was driven by growth in its Hong Kong ePension business, continued improvement in its core wealth management platform business, and the turnaround of iFast Global Bank.
Its board of directors proposed a dividend of S$0.023 per share for Q3, 53.3 per cent higher than the S$0.015 paid out in the year-ago period. The dividend will be issued on Nov 19, after the record date on Nov 6.
The group&rsquo s assets under administration expanded 29.6 per cent on the year, reaching a record S$30.62 billion in Q3.
This came amid its wealth management markets in Singapore, Hong Kong, Malaysia and China hitting peaks as well.
Singapore continued to be the key contributor to iFast&rsquo s assets under administration, with the B2B division recording a 25.8 per cent rise on the year.
Net inflows reached an all-time high as well at S$1.49 billion, marking an 83.6 per cent year-on-year rise.
Meanwhile, the iFast Global Bank segment recorded net profit of S$310,000 in Q3, reversing from a loss of S$820,000 in the previous corresponding period.
iFast Global Bank turnaround
The turnaround came on the back of healthy growth in net interest revenue as deposits continued to grow, alongside continued increases in non-interest commission and fee income, said iFast.
The group is optimistic the bank will be able to post full-year profitability, following the initial period in the black that was Q4 2024.
Customer deposits surged 92.7 per cent to S$1.55 billion in the latest period under review, with the digital personal banking division the main driver of this expansion.
As at Sep 30, the bank&rsquo s liquidity coverage ratio was 617 per cent, its net stable funding stood at 200 per cent, and the total capital ratio was 23.7 per cent &ndash all higher than minimum regulatory requirements.
The bank intends to maintain capital and liquidity ratios &ldquo well above&rdquo such required levels, iFast noted. Despite this, the group overall will be able to aim for &ldquo very healthy&rdquo levels of returns on equity, as the revenues derived from the core platform business and ePension division are &ldquo essentially fee-based income&rdquo , it added.
The group expects robust growth rates in revenues and profitability for 2025, compared with the previous year.
It said that improvements will be driven by its ePension business, alongside better growth momentum in the core wealth management business, and the bank&rsquo s first full year of profitability.
For the first nine months of the year, net profit was up 41.8 per cent at S$67.2 million from S$47.4 million in the year-ago period.
Revenue expanded 30.2 per cent year on year to S$363 million from S$278.9 million.
https://www.ifastcorp.com/ifastcorp/sgx-news-pdf/20251024/20251024_200947_AIY_B4QDOPJUXGKUR2SX.3.pdf
https://www.businesstimes.com.sg/companies-markets/ifast-q3-net-profit-rises-54-7-s26-million-overall-revenue-growth
https://www.businesstimes.com.sg/companies-markets/ifast-q3-net-profit-rises-54-7-s26-million-overall-revenue-growth
st3p178 ( Date: 24-Oct-2025 20:26) Posted:
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Very strong numbers. Much Better than expected plus 2.3cents dividends. &hellip Hopefully, we see the stock price reflecting it on Monday&hellip
https://links.sgx.com/FileOpen/iFASTCorp_3Q2025%20Results%20Presentation_FNL.ashx?App=Announcement& FileID=864857
https://links.sgx.com/FileOpen/iFASTCorp_3Q2025%20Results%20Presentation_FNL.ashx?App=Announcement& FileID=864857
st3p178 ( Date: 22-Oct-2025 12:42) Posted:
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Good news...!!!
https://www.minimeinsights.com/2025/10/23/shopeepay-and-ifast-make-investing-available-to-the-masses-with-the-launch-of-shopeepay-invest/
https://www.minimeinsights.com/2025/10/23/shopeepay-and-ifast-make-investing-available-to-the-masses-with-the-launch-of-shopeepay-invest/
Hopefully soon after tomorrow reporting or end Feb full year reporting.
$9.20 today. Holding strong... 😅
$9.20 today. Holding strong... 😅
$10 in the next 12 months! :)
YES of course!
alexvar ( Date: 17-Oct-2025 20:05) Posted:
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Assuming 10% PBT growth from Q2 2025
(10% should be good estimates, Given the strong global equity market in q3 and ifast projected higher income income from HK EMPF)
Projected PBT growth will be 27-30% yoy growth for Q3 2025.
what will be your expected share price be on Monday if the above numbers hold true?
DYDD 😉
(10% should be good estimates, Given the strong global equity market in q3 and ifast projected higher income income from HK EMPF)
Projected PBT growth will be 27-30% yoy growth for Q3 2025.
what will be your expected share price be on Monday if the above numbers hold true?
DYDD 😉
what a finicky counter!
will it ever cross $10?
will it ever cross $10?
st3p178 ( Date: 16-Oct-2025 16:32) Posted:
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Last quarter equity market did well . Next week report should see AUA grow significantly YoY.
hopefully will cross $9.80. 💪
hopefully will cross $9.80. 💪