IFAST    Last:8.9    -0.01

up and coming

Lim Wee Kian is selling.
CP is selling.
What is it going on that we don' t know?!

 

GSS for iFAST! Just bought some at low 8.7 plus for long term. 10% decline in a day very rare - once CP Invest exited, overhang is removed. Think will climb back again, particularly if 3rd Q results show good growth.

 

yesterday still trading at 52 wk high of 9.83

and this morning, this piece of news just crashes everthing

those bot yesterday really siong sial

SmallSmall      ( Date: 19-Aug-2025 09:30) Posted: Extracted from another forum Shareholder CP Invest to sell out via a placement $IFAST(AIY.SI) &zwnj IFast Holder CP Invest Seeks Up to $104 Million in Block: Terms &zwnj By Dave Sebastian 08/18/2025 18:07:20 [BFW] (Bloomberg) -- iFast Corp. holder CP Invest Ltd. is seeking to sell as much as S$133.3 million ($104 million) worth of shares in a block trade, according to terms of the deal seen by Bloomberg News. &zwnj - Offers 14.35 million shares, representing about 4.72% of existing units outstanding - Price range of S$9.09 to S$9.29 each, representing 4.91% to 6.96% discount to Monday&rsquo s closing price of S$9.77 - Lockup of 60 days on the seller. &zwnj Morgan Stanley, UBS are arranging the deal

 

 

Once the dust settles, those panic sell will know that placement is better and will panic to buy back. I think drop 5% for the day will be justifiable so hopefully end the day around $9.30. 

 

Just buy for day trade and square off later....

SmallSmall      ( Date: 19-Aug-2025 09:22) Posted: Few married deals done at various prices at low $9  Probably caused some panic? cherintc      ( Date: 19-Aug-2025 09:16) Posted: Rumour Temasek looking to place out 4-5% of ifast.

 

Placement better than selling in the market as ifast has low liquidity. 
many morning buying.... 🤣 🤣 🤣 dies not justify the 10% fall. 💪

 

Few married deals done at various prices at low $9 
Probably caused some panic?

cherintc      ( Date: 19-Aug-2025 09:16) Posted: Rumour Temasek looking to place out 4-5% of ifast.

 

Rumour Temasek looking to place out 4-5% of ifast.

 

I feel ifast share price is a result of somebody just want to have a say on the voting rights of the custodian shares.

 

double down ar 8.80 and 8.60

 

What happened?

 

Seem like it is always good to buy in the morning 🤣 🤣 🤣

 

🤣 🤣 🤣 . Slow and steady..... better... 
https://www.businesstimes.com.sg/companies-markets/ifast-malaysian-unit-gets-central-bank-approval-operate-e-money-issuer

tangsookiam1947      ( Date: 15-Aug-2025 18:21) Posted: so next week, sure to cross $10? st3p178      ( Date: 15-Aug-2025 17:28) Posted: Those took profit in the profit in the morning and those queuing from 2 onwards......... must be banging their   head now.... 🤣 🤣 🤣

 

Profit taking again? Seriously.....? 🤣 🤣 🤣

 

so next week, sure to cross $10?

st3p178      ( Date: 15-Aug-2025 17:28) Posted: Those took profit in the profit in the morning and those queuing from 2 onwards......... must be banging their   head now.... 🤣 🤣 🤣

 

  iFAST Pay Malaysia Expands into Regulated Payment Services, Advancing Innovation in Integrated Wealth and Payments

SINGAPORE (15 August 2025) &mdash iFAST Corporation Ltd. (&ldquo iFAST Corp&rdquo and together with its subsidiaries, the &ldquo Group&rdquo ) is pleased to announce that its Malaysia-incorporated subsidiary, iFAST Pay Malaysia Sdn Bhd (&ldquo iFAST Pay Malaysia&rdquo ), has received approval-in-principle from Bank Negara Malaysia to operate as an Electronic Money (E-Money) Issuer and to hold a Money Services Business (MSB) Class A licence.
The Group&rsquo s vision is to build a seamlessly connected digital banking and wealth management ecosystem that empowers customers to invest and save effortlessly, grow their wealth with confidence, and spend it anywhere in the world, all within one integrated platform .....


https://links.sgx.com/1.0.0/corporate-announcements/PLX6CA249VO56P7X/856023_20250815_iFAST%20Corp%20Press%20Release_Payment%20%20Services%20Malaysia.pdf

 

Those took profit in the profit in the morning and those queuing from 2 onwards......... must be banging their   head now.... 🤣 🤣 🤣

 

by Q4 2025, the quaterly net profit should be around $30mil.

So for full year 2026, it should be $30m x 4 = $120 mil (quite easily), not to forget that revenue will continue to improve (ORSO, eMPF stabilization plus cost management, etc)

st3p178      ( Date: 15-Aug-2025 14:34) Posted: If 2026 $120m it should be between $15-20. 🤣 🤣 🤣 🙏 🙏 🙏

 

Sometime, I wonder why do people queue and miss the run up..... 🤣 🤣 🤣

something brewing... strong activities last 10-15mins. 

💪