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Mnday is not a good time to collect definitely.. more to drop likely seems the price is only supported by one news and its potential is capped for now.?
HungerStrike ( Date: 05-Dec-2020 00:36) Posted:
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I belive coy will prepare n react for Monday bloodbath since it took e effort to release e news in sgx portal.
ceo buyback in June at $1. Probably that' s the value. Current price is way too expensive
Most likely Monday will panic sell when open,,, this stock can be v illiquid at times..especially now with bad news...
but after a while should be stabilises..for medical stocks like TG , RS $3-$4 range stocks ..the gap down was usually 30c max on the same day
when vaccines news out ..Be logical...if $2 ...I will take my lorry to load la...Fintech should be still in play no matter what...Let' s see on Monday..
but after a while should be stabilises..for medical stocks like TG , RS $3-$4 range stocks ..the gap down was usually 30c max on the same day
when vaccines news out ..Be logical...if $2 ...I will take my lorry to load la...Fintech should be still in play no matter what...Let' s see on Monday..
Shortist all pusing down fast n furious next week....no catch falling knives....this counter is over price since going above $1.....take care all...
easywin ( Date: 05-Dec-2020 13:44) Posted:
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Not so fast to $2 take times, sell on Monday at opening can minimize the loss as shortists will come in to squeeze the price down fast and furious.
mrwise ( Date: 05-Dec-2020 12:21) Posted:
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At least ifast had released some news to pacify shareholders. Hope on coming Mon, they can provide more updates on other potential opportunities n will be great if coy or ceo perform some shares buybacks.
This instills retailers confident.
This instills retailers confident.
continue to collect until it gets the 3rd licence
Looks like management trying very hard to do a lot of damage control since the market had pushed up the price of ifast so much over past few weeks on the assumption that it had secured the license. Maybe Monday price go up hor. Good luck
Flyingtask ( Date: 05-Dec-2020 12:48) Posted:
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Check out the latest SGX announcement.
https://links.sgx.com/1.0.0/corporate-announcements/1HSTPLSSUWIGWO7Z/641620_Updates%20on%20Digital%20Bank%20Licence%20Application.pdf
I remember it should be 3 wholesales license but They only give 2 first.
Probably, they mean they will still continue to get it later.
It is pity that homegrown player is not inside the wholesales license yet
( pls do not ask me why the link cannot be opened. It is sharejunction bug. Just copy the URL and open at new window. It will work. Otherwise, go SGX directly)
https://links.sgx.com/1.0.0/corporate-announcements/1HSTPLSSUWIGWO7Z/641620_Updates%20on%20Digital%20Bank%20Licence%20Application.pdf
I remember it should be 3 wholesales license but They only give 2 first.
Probably, they mean they will still continue to get it later.
It is pity that homegrown player is not inside the wholesales license yet
( pls do not ask me why the link cannot be opened. It is sharejunction bug. Just copy the URL and open at new window. It will work. Otherwise, go SGX directly)
Tis counter really cheong fast and fury. If no license, expect to drop fast and fury too.
gravity8888 ( Date: 04-Dec-2020 23:25) Posted:
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iFast says not aware of digital banking licence outcome as SGX queries trading activity
IFAST Corporation is not aware of the outcome of the results of the digital banking licence at this point in time, it said in an exchange filing on Friday afternoon, in response to a query by SGX.
Singapore Exchange Regulation (SGX RegCo) issued the query earlier in the afternoon in relation to iFast' s trading activity, after it noted " unusual price movements" in the company' s shares.
Shares of the wealth management and brokerage platform soared after the midday break, rising from S$3.67 to as high as S$3.85 at around 1.39pm. At its high, the shares were up 5.5 per cent from the previous close.
iFast shares were trading at S$3.81 as at 3.33pm, up S$0.16 or 4.4 per cent.
In the query issued at 1.57pm, SGX RegCo asked if iFast was aware of any information not previously announced concerning the company that might explain the trading. If the company was aware, the information should be announced immediately, it added.
iFast said in its response to SGX at 3.09pm that there is expectation in the market that the result for the application of the digital bank licence in Singapore will be announced by the end of this year.
" As communicated to shareholders previously, the company is one of the digital wholesale bank applicants," it said. " The company is not aware of the outcome of the result of the digital banking licence at this point of time."
SGX RegCo also asked if iFast was aware of any other possible explanation for the trading, such as public circulation of information by rumours or reports. In addition, it asked the company to confirm its compliance with listing rules.
iFast said it was not aware of any other possible explanation, and confirmed its compliance with listing rules.
Likely 100% drop to $2 and below! RUN N EXIT FAST!
7ocean ( Date: 05-Dec-2020 11:50) Posted:
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Better RUN fast... save your money... Monday was evil day for 1 Run fast
bishan22 ( Date: 05-Dec-2020 11:44) Posted:
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Sell on news...
Maybe China/HK cite it' s new National Security Law and ban IFast fm bidding as SG is pro-US and claim risk of hongkies' personal data falling into the hands of USA. 
Newlearner ( Date: 05-Dec-2020 00:34) Posted:
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🤣 🤣 🤣
Sgvale ( Date: 05-Dec-2020 07:39) Posted:
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did the company say that they would announce on Monday after market close?
Where to find this news??
Where to find this news??
Piston88 ( Date: 04-Dec-2020 23:57) Posted:
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Earnings and revenue seem on uptrend and they in a growing industry, but is the share price increase over the past few mths too excessive? 5 dollars worth is based on what fundamental parameters? Ur expected future p/e how much?
Piston88 ( Date: 05-Dec-2020 08:58) Posted:
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