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sgtrader ( Date: 13-Oct-2020 10:25) Posted:
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Many traders know how to buy but dont know when to sell..
From winning to losing is quite pity but lesson needs to be learnt personally.
Selling into the rising price and wait for potential retracement. What goes up will have
to come back to the normal state... just like a overstretched rubber band.
Personal opinion only. You can disagree but I still make money..
From winning to losing is quite pity but lesson needs to be learnt personally.
Selling into the rising price and wait for potential retracement. What goes up will have
to come back to the normal state... just like a overstretched rubber band.
Personal opinion only. You can disagree but I still make money..
Onglaihuathuat ( Date: 13-Oct-2020 10:22) Posted:
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One of the attractive point of ifast is CEO is the main shareholder of the company ( ~20% which is increasing from past)
Stakeholder benefit is quite taken care of.
Stakeholder benefit is quite taken care of.
sold all at 2.99 .... wish all huat... may go in again later if retrace or later next week..will monitor and cheer on for rest longist too !
Onglaihuathuat ( Date: 12-Oct-2020 12:11) Posted:
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131020 9:40am
ifast should takeover SGX.
SGX management has the capacity and capability to probably manage a pre-school
SGX management has the capacity and capability to probably manage a pre-school
Joelton ( Date: 13-Oct-2020 09:20) Posted:
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break $3 ....i really speechless...
Wow really v fast..gg to see $3 ...super stock
Stocks exposed to digital economy top performers in Q3: iFast
Just like previous quarter, digital economy stocks extend outperformance
DIGITAL economy was the top-performing equity exposure across Fundsupermart' s available funds in the third quarter of 2020, said iFast in a research note.
Just like the previous quarter, digital economy stocks - as gauged by the O' Shares Global Internet Giants exchange-traded fund (ETF) - extended their outperformance.
To be sure, it had been hit hard in early-September 2020 on the back of a resurgence in volatility generated by the options market. But losses were quickly pared later in the same month, iFast said. The fund gained 14 per cent in Q3 in Singdollar terms, and is up some 77 per cent since the start of the year.
The ETF' s top holdings include Amazon, Alibaba, Tencent, Alphabet, Facebook, Meituan and Pinduoduo.
Overall, tech investments continue to outperform, with the MSCI World IT Index up 12.4 per cent in Q3.
The digital economy remains " firmly underpinned" by several megatrends such as rising Internet adoption and digital disruption, the iFast report said.
These factors are key in bolstering the improvement of fundamentals for the digital economy companies, which eventually drives the sector' s return. Over recent years, there has been a sustained pick-up in revenue, earnings and increased cashflow for many of these companies as well.
" The pandemic has turned out to be a surprise catalyst which has accelerated these megatrends via a global wave of work-from-home and related measures. Until a vaccine is found and distributed, these global safety measures should remain supportive of digital economy stocks," the report said.
iFast noted the concern from investors on elevated valuations for digital economy stocks, but said there are several pillars of support for the higher valuations of these digital economy companies.
These include strong and improving fundamentals, the low-rates environment that supports valuation, as well as their status as Covid-19 winners. " These factors may mitigate a big drawdown from de-rating and support continued flows into the digital economy sector."
Other top-performing markets were South Korea and India, which advanced 11.4 per cent and 10.2 per cent respectively in Singapore dollar terms, according to the report.
By geography, Asian equity markets performed relatively better than other regions in the third quarter of 2020, particularly those with better Covid-19 management and higher concentration of technology sector, iFast said.
In contrast, bottom performers were markets that were most susceptible to risk-off sentiments, which were largely triggered by the resurgence in geopolitical tensions and rising Covid-19 cases in the quarter, the research team noted.
Poor performers included Thailand (down 11 per cent), Brazil (declined 5.6 per cent), Indonesia (decreased 5.1 per cent), Hong Kong (fell 4.7 per cent) and Singapore (dropped 3.5 per cent).
On aggregate, global equities performed well in July and much of August 2020. However, concerns regarding the virus, climbing valuation multiples and sporadic episodes of US-China tension, began to soften risk sentiments in the later part of Q3, iFast said.
iFast' s research team is positive that Q3 top performers alongside Asia and China - backed by strong secular growth drivers - will be able to maintain their lead against global peers for the rest of 2020.
iFast says its to-be-released financial results may explain jump in share price
IFAST Corp said its to-be-released unaudited financial results for the third quarter ended Sept 30 may explain unusual price movements in the company' s share on Monday.
The brokerage platform and wealth manager was responding to the Singapore Exchange Regulation (SGX RegCo)' s queries, the second set issued to iFast in the past three months.
The counter ended 8.46 per cent higher at S$2.82 on Monday, eliciting a set of queries from SGX RegCo at 4.55 pm.
While iFast said it was not aware of any information not previously announced concerning the group which might explain the trading, it drew a possible link of its to-be-released third-quarter financial results to the trading.
Its results will be released pre-market trading on Oct 23.
SGX RegCo had in August queried iFast over a 13.5 per cent increase in its share price, and the mainboard-listed platform noted a Bloomberg report that Hong Kong had shortlisted two finalists to digitalise its retirement funds system. One of the finalists was said to be working with iFast.
closed at 2.82...gap up tml 2.85...will be planned and nice
pcxiao2008 ( Date: 12-Oct-2020 13:34) Posted:
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wow...hope to see above $5 in 6 months!
hokpin ( Date: 12-Oct-2020 15:23) Posted:
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Good news coming soon?
price seems well absorbed and supported...
volume still not in yet...could be BB uploading more as 2.75/2.76 seems ate up fast...
today if can close above 2.82-2.85...i believe good news could be releasing soon...
but then again look at the potential of the company' s biz model again...
volume still not in yet...could be BB uploading more as 2.75/2.76 seems ate up fast...
today if can close above 2.82-2.85...i believe good news could be releasing soon...
but then again look at the potential of the company' s biz model again...
2.8 to 3.00 seems imminent for short term play especially leading to results coming on 23rd oct (if more ppl know) and 2.8 was broken this morning. Not much wall , waiting on multiple news looks tempting to average up today and waiting for entry point as missed out on open. If not interest to invest maybe can earn some. kopi lui ?
p.s Am also vested at 1.3x but will average up for short term play while holding old investment for more hopefully more upsides . Fintech huat huat !
Thx. Bro. Think I shall hold for a while and wait for DB license!
turtletrader ( Date: 12-Oct-2020 10:12) Posted:
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ha.ha good problem to have. How about be contented and do nothing if you are long term holder?
hokpin ( Date: 12-Oct-2020 10:00) Posted:
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beautiful multi-bagger moves!
hokpin ( Date: 12-Oct-2020 10:00) Posted:
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Walao, should sell and take profit or to add more ah?! Bros, pls advise.
Really powerful and strong!