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Saturday, June 17, 2023

iFast

 Chart wise, bullish mode!




Looks like she is trying to reverse this downtrend mode!

She has managed to clear the resistance at 4.60 and closed well at 4.64, looks rather positive!

Short term wise, I think likely to retest 4.80 then 5.00 and 5.10 level.

NAV 0.77.

Yearly dividend of about 4.8 cents.

Yield is about 1%

Please dyodd.

iFAST Corporation Ltd ("iFAST Corporation") is a Singapore-headquartered company and was listed on the Singapore Exchange Mainboard in December 2014. The iFAST group of companies is also present in Malaysia, Hong Kong and China. We provide investment solutions to financial advisers, financial institutions, insurance companies, pension fund managers, retail and accredited investors, and multi-national companies. Leveraging on technology and services, we help our clients to manage investments in one place - efficiently, securely and online.

In 2007, iFAST Corporation expanded into Hong Kong and bought over its main competitor, the ING I-WRAP platform. In 2008, iFAST entered the Malaysia market. In 2009, the iFAST Global Prestige (iGP) platform for high net worth investors and wealth advisers was launched in Singapore, and subsequently in Hong Kong in 2010.

Corporate Shareholders

One of iFAST Corporation's shareholders is SPH AsiaOne Ltd. SPH AsiaOne Ltd is the Internet arm of Singapore Press Holdings, Singapore's largest media group.

Licences

The iFAST group of companies hold the following licences in the markets they operate:

  • iFAST Financial Pte Ltd (Singapore) holds the Capital Market Services Licence and Financial Adviser Licence in Singapore, and is also a CPFIS-registered Investment Administrator;
  • iFAST Financial (Hong Kong) Ltd holds the SFC Type 1 and Type 4 Licence for dealing and providing investment advice respectively;
  • iFAST Capital Sdn Bhd (Malaysia) holds the Capital Market Services License, and is an FIMM-registered Institutional Unit; and

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