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If 2026 $120m it should be between $15-20.
🤣 🤣 🤣 🙏 🙏 🙏
🤣 🤣 🤣 🙏 🙏 🙏
2026 => net profit should be easily $120 mil and above....$12 at least?
st3p178 ( Date: 13-Aug-2025 16:55) Posted:
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No one profit taking....??? 🤣
will be interesting after it cross the $10 resistance.
2021 profit $20m share price $10
2025 profit projected to be $90-100m share price??? 🤣
will be interesting after it cross the $10 resistance.
2021 profit $20m share price $10
2025 profit projected to be $90-100m share price??? 🤣
even if at $10, market cap is only $3B.....DBS = $141B...OCBC = $75B and UOB = $60B
profit taking? hahahahaha
st3p178 ( Date: 08-Aug-2025 09:44) Posted:
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Profit taking....!!!
sure? 🤣
sure? 🤣
In fact, iFast CEO Lim Chung Chun thinks &ldquo the sky&rsquo s the limit&rdquo for iFast Global Bank, which was acquired in 2022. &ldquo I&rsquo ve always been saying that the least competitive part of the financial sector is actually banking, for the simple reason that the number of new players going into the industry is actually limited.&rdquo
Temasek sold at around $8.xx, but iFAST has continued climbing. It will surely cross $10 at some point &mdash unstoppable! Temasek looks pretty foolish for selling at just $8&hellip haha.
alexvar ( Date: 06-Aug-2025 23:01) Posted:
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Best news for the week....🤣 🤣 🤣 💪
Fintech platform iFast among 5 S&rsquo pore companies on Forbes Asia&rsquo s Best Under A Billion list
https://www.straitstimes.com/business/companies-markets/fintech-platform-ifast-among-5-spore-companies-on-forbes-asias-best-under-a-billion-list
https://www.forbes.com/lists/asia200/
Fintech platform iFast among 5 S&rsquo pore companies on Forbes Asia&rsquo s Best Under A Billion list
https://www.straitstimes.com/business/companies-markets/fintech-platform-ifast-among-5-spore-companies-on-forbes-asias-best-under-a-billion-list
https://www.forbes.com/lists/asia200/
Insiders have started selling.
Lim Wee Kian - 70,000 shares.
Next, JP Wong and Cuscaden peak?
Lim Wee Kian - 70,000 shares.
Next, JP Wong and Cuscaden peak?
Actually either we believe in the profit guidance or we do not believe. Assuming profit guidance is accurate, will market move? is another thing. Last year profit double. Stock price still the same after 12mth.
this half 30 plus percent growth, price went up so much.
to some, PE is too high....
to some, they target $12-15 or even $20. I belong to the latter.
🤣 🤣 🤣
this half 30 plus percent growth, price went up so much.
to some, PE is too high....
to some, they target $12-15 or even $20. I belong to the latter.
🤣 🤣 🤣
what are you talking about?
I am talking ifast bank has to be actually a bank - i.e., it has to be extending loans, to people, businesses, etc.
the UK central bank is cutting rates - NIM of ifast bank will go lower, unless ifast starts using deposits to extend loans and earning decent NIM.
About Sakura research, check out their price performance of UOB Kay Hian (about +85% 1y performance) and Haw Par (about +42% 1y performance),
seems like their long calls are OK.
I am talking ifast bank has to be actually a bank - i.e., it has to be extending loans, to people, businesses, etc.
the UK central bank is cutting rates - NIM of ifast bank will go lower, unless ifast starts using deposits to extend loans and earning decent NIM.
About Sakura research, check out their price performance of UOB Kay Hian (about +85% 1y performance) and Haw Par (about +42% 1y performance),
seems like their long calls are OK.
Q: Why is there a large portion of AUA in cash? Is it low margin?
Verbatim: " Cash is not really a lower-margin business from our perspective. It&rsquo s actually a product that gives higher than average overall margin."Dumb bank is good... btw, where is Sakura Research hiding?
alexvar ( Date: 03-Aug-2025 23:33) Posted:
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iFast books S$50.3 million net institutional inflow in five sessions
[SINGAPORE] Over the five trading sessions from Jul 25 to 31, institutions were net sellers of Singapore stocks. The net institutional outflow of S$351 million was a reversal from the S$334 million net inflow in the preceding five sessions. This took the net institutional outflow for the 2025 year till Jul 31 to S$1.67 billion.
Institutional flows
Over the five trading sessions till Jul 31, the stocks that saw the highest net institutional outflow included Singapore Airlines : C6L +0.29%, Singtel : Z74 +0.52%, OCBC : O39 -0.47%, UOB : U11 -0.33%, DBS : D05 -0.65%, Singapore Post : S08 +1.02%, Sembcorp Industries : U96 -1.93%, CapitaLand Integrated Commercial Trust : C38U -0.45%, Jardine Matheson Holdings : J36 +2.66% and Keppel : BN4 -1.89%.
Meanwhile, iFast Corp : AIY -0.33%, Yangzijiang Shipbuilding Holdings : BS6 -1.17%, City Developments Ltd : C09 -0.65%, ComfortDelGro Corp : C52 -0.65%, Yangzijiang Financial Holding : YF8 -2.07%, Jardine Cycle & Carriage : C07 -2.05%, Venture Corp : V03 -1.78%, Haw Par Corp : H02 +0.22%, UOB-Kay Hian Holdings : U10 +2.98% and StarHub : CC3 0% led the net institutional inflow over the five sessions.
This saw financial services leading the net institutional outflow over the five sessions, while technology booked the highest net institutional inflow.
A notable divergence in net institutional flows was that, over the five sessions, the 20 stocks with the highest net outflows had an average market capitalisation of S$25.4 billion, while those with the highest net inflows averaged just S$3.7 billion.
Among the stocks with sub-S$4 billion market capitalisation that were attracting the most net institutional inflows were Venture Corp, Suntec Real Estate Investment Trust (Reit) : T82U +0.86%, Yangzijiang Financial Holding, Frasers Logistics & Commercial Trust : BUOU -2.27%, ComfortDelGro Corp, Haw Par Corp, iFast Corp, UOB-Kay Hian Holdings, Hutchison Port Holdings Trust : P7VU +1.92%, StarHub, CapitaLand India Trust : CY6U -3.36%, Frencken Group : E28 -0.6%, Samudera Shipping Line : S56 -2.88%, and CSE Global : 544 -0.77%.
iFast Corp
iFast Corp saw S$50.3 million of net institutional inflow over the five sessions, turning around its 2025 year-to-date net institutional outflow of S$8.6 million to net institutional inflow of S$42.9 million.
On Jul 25, iFast Corp reported that its net profit for the first half of the 2025 financial year ended Jun 30 increased 34.7 per cent from H1 FY2024 to S$41.1 million, with expectations for stronger H2 FY2025 performance. The global digital banking and wealth management platform also reported that its second-quarter dividend per share (DPS) rose 33.3 per cent from that in Q2 FY2024, and that the FY2025 DPS is projected to grow at least 35.6 per cent from the previous year. Key revenue drivers included strong growth in the Hong Kong ePension business, a turnaround at iFast Global Bank, and record assets under administration of S$27.2 billion, with a record quarterly inflow of S$1.29 billion in the latest Q2.
In Q2, the Hong Kong segment saw a 33.4 per cent gross revenue increase to S$45.6 million from the corresponding period in the prior year. Following its first profitable quarter in the fourth quarter of FY2024, iFast Global Bank posted a S$0.7 million net profit in Q2 FY2025, and a 124.2 per cent growth in customer deposits to S$1.45 billion from the previous corresponding quarter.
The group&rsquo s return on equity (ROE) in H1 stood at 24.6 per cent. The group expects its ROE to remain at healthy levels, supported by the ongoing growth of the core wealth management platform and the continued progress of iFast Global Bank, as both fee-based and net interest income scale with business expansion.
Raffles Medical led share buybacks
The five sessions through to Jul 31 saw six primary-listed companies file buybacks with a total consideration of S$4.7 million.
Raffles Medical Group : BSL +1.01% led the consideration tally, buying back 3.3 million of its shares at an average price of S$1.02 apiece. It also reported its results for H1 FY2025, ended Jun 30, last week.
Its H1 profit after tax increased 5 per cent to S$32.5 million, supported by stable performance across core segments. At the same time, revenue rose 3.5 per cent to S$378.4 million, with hospital services contributing S$174 million and healthcare services, S$142.2 million.
The group also reiterated that, reflecting its disciplined capital management and strong operating cash flow, it had revised its dividend policy in February to distribute at least 50 per cent of sustainable earnings annually and to buy back up to 100 million ordinary shares over the next two years.
Keppel announces share buyback programme
Keppel bought back 100,000 of its shares at an average price of S$8.56 each. Along with reporting its results for H1 ended Jun 30 last week, Keppel announced a S$500 million share buyback programme. It maintained that shares repurchased will be held as treasury shares that will be used in part for the annual vesting of employee share plans, as well as currency for future merger and acquisition (M& A) activities.
During the week, Keppel chief executive officer Loh Chin Hua relayed that the M& A activity will include phase two of the acquisition of European real estate manager Aermont Capital that is due in 2028. The group also detailed the role of the previous buyback programme in its initial 50 per cent acquisition of Aermont in April 2024. Keppel tendered treasury shares at S$7.16 apiece that had an average cost of S$5.80. This cost was based on the average purchase price of the treasury shares of approximately S$6.65, less the FY2022 and FY2023 cash dividends and dividend in-specie of Keppel Reit units paid to shareholders amounting to S$0.84 apiece.
Loh added that while buyback timing details remain undisclosed, the company prefers buybacks over issuing new shares to avoid dilution, especially as it anticipates a re-rating and continued share-price performance.
Hongkong Land Holdings continues buybacks
Secondary-listed Hongkong Land Holdings : H78 -1.98% also continued to conduct share repurchases, acquiring 1,193,000 shares at US$6.26 each. This takes its cumulative buyback consideration to US$137 million since Apr 24.
It reported on Jul 29 that its underlying profit for H1, ended Jun 30, rose 11 per cent on the year to US$320 million, excluding China provisions. Meanwhile contributions from Hong Kong declined due to lower office rents and ongoing renovations at the commercial complex Landmark. It highlighted that capital recycling reached US$1.3 billion &ndash 33 per cent of its 2027 target &ndash highlighted by a landmark transaction with Hong Kong Exchanges and Clearing.
Director transactions
Over the five trading sessions, more than 40 director interests and substantial shareholdings were filed. Across 25 primary-listed stocks, directors or CEOs filed seven acquisitions and five disposals, while substantial shareholders recorded five acquisitions and three disposals.
This included director or CEO acquisitions in iWow Technology : NXR 0%, Japan Foods Holding : 5OI 0%, Jason Marine Group : 5PF 0%, Micro-Mechanics (Holdings) : 5DD -3.26%, Stamford Land Corp : H07 -3.45% and SunMoon Food Company : AAJ -5.56%.
Share buybacks and director filings remained below typical levels, as the local market remained in a busy stretch of financial reporting.
ifast bank has to start earning good NIM by actually extending loans.
not just being a dumb bank by investing in low-return safe government bonds.
not just being a dumb bank by investing in low-return safe government bonds.
Sky&rsquo s the Limit for iFAST Global Bank &ndash A Vision Unfolding
In iFAST Corporation&rsquo s latest results briefing, Executive Chairman and CEO Lim Chung Chun delivered a bold yet grounded vision: &ldquo If we can make $1 billion a year from the bank in my lifetime, that&rsquo s something worth shooting for.&rdquo This isn&rsquo t just ambition&mdash it reflects a deep belief in the transformative potential of iFAST Global Bank (iGB).
Unlike traditional banks that grow city by city, iGB is being built as a truly borderless digital bank. Its model taps into underserved segments globally&mdash from SMEs struggling with account access, to mass affluent investors seeking cross-border solutions. With growing traction in the UK and rapid deposit growth (+124% YoY to $1.45B), iGB is already delivering proof points.
But what makes the vision credible is the foundation: iFAST&rsquo s cash-generative wealth platform, rising return on equity, and a scalable tech backbone enhanced by AI. The bank&rsquo s ability to offer multilingual 24/7 support, combine fee and interest income, and ride the shift toward digital banking positions it for exponential upside.
The &ldquo sky is the limit&rdquo isn&rsquo t a slogan&mdash it&rsquo s a strategy. And with three straight quarters of profit and strong regulatory footing, iGB may just become one of Singapore&rsquo s next financial giants.
iFast books S$50.3 million net institutional inflow in five sessions.
https://www.businesstimes.com.sg/companies-markets/ifast-books-s50-3-million-net-institutional-inflow-five-sessions
iFast Corp saw S$50.3 million of net institutional inflow over the 5 sessions, turning around its 2025 year-to-date net institutional outflow of S$8.6 million to net institutional inflow of S$42.9 million.
https://www.businesstimes.com.sg/companies-markets/ifast-books-s50-3-million-net-institutional-inflow-five-sessions
iFast Corp saw S$50.3 million of net institutional inflow over the 5 sessions, turning around its 2025 year-to-date net institutional outflow of S$8.6 million to net institutional inflow of S$42.9 million.
Again.....? Everyday same movement ....? 🤣 🤣 🤣
nice
st3p178 ( Date: 31-Jul-2025 10:37) Posted:
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