Post Reply
5401-5420 of 5466
Why suddenly jump so fast?
turtletrader ( Date: 15-Jul-2020 10:01) Posted:
|
Slow and steady wins the day, the share price is stable and increases slowly over time - sign of good investment.
What happens to iFAST today...very Fast lah! Close to 52 weeks high again:)
Link to CIMB report: https://research.sginvestors.io/2020/06/ifast-corporation-cgs-cimb-research-2020-06-19.html
Target price is S$1.65.
Target price is S$1.65.
Target Price is SGD 2?
turtletrader ( Date: 30-Jun-2020 14:49) Posted:
|
Aim to sell if it reaches CIMB' s price target.
Fxxxing useless share!
iFAST Corporation
On June 22, iFAST Corporation non-executive director Lim Wee Kian disposed of 150,000 shares of the wealth management Fintech platform for a consideration of S$209,500. At an average price of S$1.40 per share, this reduced his total interest in iFAST Corporation from 7.41 per cent to 7.35 per cent.
iFAST Corporation reported a record quarterly net profit of S$3.64 million in its Q1 FY20 (ended March 31), a yoy increase of 126.8 per cent, achieved on the back of a 25.3 per cent yoy increase in net revenue, and a 41.5 per cent yoy increase in gross revenue.
On June 18, the group confirmed it was one of nine Digital Wholesale Bank (DWB) applicants that met the eligibility criteria required to progress to the next stage of assessment for a licence.
In the MAS announcement, it was mentioned that the timeline for the award of the digital bank licences would be by the end of this year, and that the MAS will issue up to three DWB licences. The digital bank applications also include five eligible digital full bank (DFB) applicants vying for two DFB licences.
Compared to a basket of closest comparable peers operating in the wealth, fintech, stock exchange and distribution, and payments solution space, iFast is trading at 26x FY21F P/E, which implies a discount of c.25% to its global peer average of 35.4x.
https://research.sginvestors.io/2020/06/ifast-corporation-cgs-cimb-research-2020-06-19.html
the analyst assumed peer global PE of 35. I only assume 30 times.
the analyst assumed peer global PE of 35. I only assume 30 times.
Bro, I' m vested. Is it true? How do you get the PE : 30?
tangsookiam1947 ( Date: 26-Jun-2020 18:44) Posted:
|
their EPS for coming year is going to be all time high since IPO... expect 6 to 7 cents EPS for full years.
If P/E ratio is 30 times, then share price should be close to $2.0.
This is not taking into consideration the banking license
If P/E ratio is 30 times, then share price should be close to $2.0.
This is not taking into consideration the banking license
iFAST is consolidating after sharp uptick recently, after digesting and consolidating, expect it to fly again to new high:)
Dbled since the lows in Mar to $1.5!
wow
if they get the MAS license for digibanking will fly higher
gd luck dyodd
wow
if they get the MAS license for digibanking will fly higher
gd luck dyodd
Strong uptick today, almost reach $1.5 at one stage. Hold on to it atleast until end of the year:) Vested.
Target min reach $2 by this year.
Look it may test the all time high of 1.5 plus soon.., then hit a new high. Hopefully it will clinch the digital licence by year end. Huat Ah!
Likely to hit $1.50 very soon..
Agree - iFAST starts to show its potential - way to go!
As this is a platform business, once the critical mass is reached and the positive network effect (while it already has some at the moment) would be self-propagating.
We are potentially looking at a 10 bagger, taking into consideration that iFast has set a $100bil AUA target.
Current price share is way too cheap.
We are potentially looking at a 10 bagger, taking into consideration that iFast has set a $100bil AUA target.
Current price share is way too cheap.