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Approaching soon already. Dumping might start not too far away. Be careful.
Flyingtask ( Date: 16-Oct-2020 10:31) Posted:
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Dun chase, lesson learned from wilmar
limkt009 ( Date: 16-Oct-2020 10:11) Posted:
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https://www.theedgesingapore.com/capital/brokers-calls/uob-initiates-buy-ifast-target-price-334
UOB initiates 'buy' on iFAST with target price of $3.34
Felicia Tan Published on Thu, Oct 15, 2020 / 5:13 PM GMT+8 / Updated 9 hours ago
UOB initiates 'buy' on iFAST with target price of $3.34
Felicia Tan Published on Thu, Oct 15, 2020 / 5:13 PM GMT+8 / Updated 9 hours ago
Precisely man, stock market is not 1+1. So the facts and figures you mentioned, only mean so much. Sentiment > fundamentals
nqing87 ( Date: 16-Oct-2020 10:11) Posted:
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Lol going with flow is rather dangerous.. cos u dunno when the flow gonna reverse.. at least facts and figures dont lie.. but anyway, it was just a passing comment in this thread after seeing it climb continuously these few days.. as i had always mentioned, stock market is not 1+1=2
bxylqwan ( Date: 16-Oct-2020 09:33) Posted:
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Buy, go with the flow
easywin ( Date: 16-Oct-2020 10:06) Posted:
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Oh.. Friday can still run so fast mush be very good news coming
Yes , u are right, see which stock BBs want to support..read too much also no use ..many fundamentally strong also sleeping.
.just trade with price action
.just trade with price action
Bro, I guess this just happens to be the exact opposite of Medtecs. These days it seems like most of the time fundamentals are really thrown out the window. Just go with the flow.
nqing87 ( Date: 16-Oct-2020 09:23) Posted:
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No doubt ifast is in the right sector with digital banking and fintech as the growth sectors, but with a p/e of 40+, 50+? Really cant understand what fundamental parameters these investors are using to justify the high share price
Wow today recharge again...v strong stock ..good
Wow just now dropped durians to 2.84 now back to 2.92 ....Huat ah...somemore UOB initiate coverage $3.34
New target price for IFAST is $3.34!!!
https://documentcloud.adobe.com/link/review?uri=urn:aaid:scds:US:edf411f0-9e59-47de-8c55-f57f43028372
Joelton ( Date: 14-Oct-2020 08:59) Posted:
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iFast clarifies response to SGX query says no guidance on profit implied
WEALTH management and brokerage platform iFast Corporation has clarified that a recent response to a query from Singapore Exchange Regulation (SGX RegCo) was not meant to imply anything about its coming results.
SGX RegCo had on Oct 9 queried the firm on " unusual price movements" after the counter ended the day 8.46 per cent higher at S$2.82. This was its second query in three months.
Shares of iFast have gained 21.5 per cent in the last month, and 31.5 per cent since the last query on Aug 7.
iFast responded on the same day that it was not aware of any information not previously announced that might explain the trading, but also drew a possible link between the trading pattern and market expectation of its third-quarter financial results release on Oct 23.
iFast said in response to queries from The Business Times that it was not implying there had been any leak of its results, neither was it providing guidance about its results.
It said the " spike in share price came right after" its announcement on Oct 9 regarding the results release, but added that there are " various measures" in place to restrict access to sensitive information.
Referencing recent news flow about its own stock and the brokerage and wealth management industry, an iFast spokesperson suggested that the share price movements could be due instead to " market speculation" .
The company also noted that it is among the group of companies that have voluntarily committed to continue releasing quarterly numbers. " We think our Q3 financial results could be something that investors are looking forward to, especially during this period where there may be very few companies releasing their complete financial results," iFast said.
An SGX RegCo spokesperson, responding to BT' s queries, referred to iFast' s guidance in its H1 results that its full-year performance is expected to show " healthy growth in profits and revenues compared to 2019" .
Said the regulator: " The company' s response to our query (on Oct 12) represents that there is no new information apart from the above.
" We will be monitoring the company' s subsequent announcements to verify that this is indeed the case, as well as the trading in its securities."
iFast' s shares extended their gain on Tuesday, closing at S$2.88, up S$0.06 or 2.1 per cent. The counter hit an intraday high of S$2.99 at 10.15am, an increase of S$0.13 or 4.55 per cent from the previous day' s close, before shedding some of those gains.
Seems like people all banking on digital license
Possible hidden selling into the rising price if closes below $2.90 today.
Will price go higher again? yes, but not today.
Will price go higher again? yes, but not today.
sgtrader ( Date: 13-Oct-2020 10:25) Posted:
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LOLOLOL
pcxiao2008 ( Date: 13-Oct-2020 14:42) Posted:
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retracement in place..
if 2.84 dont hold...maybe will be at 2.73 range liao....
if 2.84 dont hold...maybe will be at 2.73 range liao....
dont chase if not on board yet...
there should be retracement anytime soon.
move too fast at time may not be good thing.
there should be retracement anytime soon.
move too fast at time may not be good thing.
Still overall long and cheering here. Walll is not thick here but just need more volume or buyers here. @,3.00 the sell queue is higher but bb can eat this up...wishing longist huat and hope gor a chance to go in again this or next week.