Ifast - 2nd quarter results is out. Net Profit Rises 34.7% YoY to S$41.15 million, with 2H2025 Set to Outperform; 2Q2025 Dividend Up 33% YoY and FY2025 Dividend Expected to Rise at Least

After the released of the results,  as expected,  price Gapped from 7.42 and rally all the way up to 9+. Looks rather overly extended!

As reflected on the chart,  the same scenario may repeat itself! Pls dyodd. 

24th July 2025:

iFAST Corp: 1H2025 Net Profit Rises 34.7% YoY to S$41.15 

million, with 2H2025 Set to Outperform; 2Q2025 Dividend 

Up 33% YoY and FY2025 Dividend Expected to Rise at Least 

35% YoY 

• In 2Q2025, the Group’s net profit increased by 37.9% YoY to S$22.11 million, on the back of a 28.3% 

YoY increase in the Group’s gross revenue to S$120.24 million. The increase in 2Q2025 profitability 

was driven by growth in the Hong Kong ePension business, a turnaround of iFAST Global Bank 

(“Bank”) and continuing growth in the Group’s core wealth management platform business. 

• For the Group’s core wealth management platform business, Group AUA increased 21.6% YoY to a 

new record high of S$27.20 billion. Group net inflows were at a record S$1.29 billion in 2Q2025. 

• The Hong Kong business saw a 33.4% YoY growth in gross revenue to S$45.60 million in 2Q2025. 

The increase in revenue reflected the growth of the ePension business and the wealth management 

business in Hong Kong. Profit before tax for the overall Hong Kong business saw a 17.8% YoY 

increase to S$15.7 million in 2Q2025. 

• Following the initial quarter of profitability in 4Q2024, iFAST Global Bank continues its profitable 

growth path. It achieved a net profit of S$0.70 million in 2Q2025, compared to a loss of S$1.56 million 

in the previous year. Customer deposits at the Bank grew 124.2% YoY to S$1.45 billion at the end of 

2Q2025. 

• The Group’s Return on Equity (ROE) in 1H2025 was at a healthy 24.6%. A healthy ROE allows the 

Group to be able to pursue robust long-term growth strategies while being able to raise dividend 

payouts. 

• For the second interim dividend for FY2025, the Directors proposed a dividend of 2.00 cents per 

ordinary share (+33.3% YoY) and for FY2025, the Directors expect to propose a total dividend of 8.00 

cents per ordinary share or higher (at least +35.6% YoY increase).

XD 6th August. 

Another sets of stellar results! 

Monday price may gap up! 

Pls dyodd. 

Frasers Cpt Tr - Let go some units at 2.24. Locked in some profit first

 8th August 2025:

Let go some units at 2.24. Locked in some profit first!

The price seem stuck in a consolidation mode patterns!

It might be the fear of RTS link rail to be ready by end of 2026. 

The Johor Bahru-Singapore Rapid Transit System (RTS) Link is a cross-border rail project connecting Johor Bahru, Malaysia, and Woodlands, Singapore. It's a 4km-long, twin-track system aiming to alleviate congestion on the Causeway. 

Many people are worrying the same situation may play out like in Hong Kong and the train service to China.

Lets see how it turns out when the RTS is in service! 

Pls dyodd.

25th July 2025:

Resilient retail performance supported by increased tenant

sales and footfall

Acquisition of Northpoint City South Wing further 

strengthened the portfolio, offering organic growth through 

potential asset enhancement initiatives and cost savings over 

time

Successfully completed equity fund raising of $421.3 

million; Issued $200 million of perpetual securities at a 

competitive pricing of 3.98%

Cost of debt reduced to 3.7% in 3Q25 underpinned by healthy financial metrics!

Occupancy rate 99.9%.

Gearing is a little bit high at 42.8%. If including perpetual is about 4.04%.

ICR 3.39x slightly improved. 

Positive outlook for Singapore suburban retail mall!

I think stable revenue and dpu payout.  

AEI at Hougang Mall seem progessing well. Targeting 7% ROI for 54m Capex. 

So far, received 74% pre-commitment.

Pls dyodd. 

Suntec Reit - 2nd quarter results is out. Gross revenue is up 3.3 percent to 234m, NPI is up 5.9 percent to 159m. DPU is up 4 percent to 1.592 cents , looks like results is not bad

7th August 2025:

Today she is up 3 cents to 1.23 , looks like Big Boys are playing!

She may rise up to test 1.32.

Pls dyodd. 

24th July 2025: 

 Suntec Reit  - 2nd quarter results is out.  Gross revenue is up 3.3 percent to 234m, NPI is up 5.9 percent to 159m. DPU is up 4 percent to 1.592 cents , looks like results is not bad!

Gearing has came down to 41%.

ICR slightly improved to 2x.

XD 31st July.

Overall I think it has shown some improvement. 

At least we can see total Revenue,  NPI and DPU is up.

Pls dyodd. 

Sbs Transit -  An interim dividend of 8.95 cents has been declared. Net profit is down, but interim dividend increased to 8.95 cents versus 5.58 cents last year. Awesome

11th August 2025:

First Half year  results is out!

 Revenue for the first six months decreased by 4.5% to $745.9 million

 Group operating costs decreased by 4.7% to $711.8 million

 Group operating profit decreased by 1.7% to $34.1 million

 Net profit attributable to shareholders decreased by 7.7% to $31.1 million

 An interim dividend of 8.95 cents has been declared.

Net profit is down,  but interim dividend increased to 8.95 cents versus 5.58 cents last year. Awesome! 

XD 18th August,  paydate 26th August 2025.

Dividend:

A tax-exempt one-tier interim dividend of 8.95 cents per ordinary share has been 

declared, representing a payout ratio of 90%, which is in line with our Dividend Payout 

Ratio of at least 50%.

24th July 2025:

 SBS Transit  - Yesterday,  she had a nice long and wide candlesticks appearing on the chart and the price is up 7 cents to close at 3.07 this is rather bullish!

Next, she may rise up to test 3.13.

A nice breakout with ease plus good volume we may see her rising up further towards 3.30 than 3.50 and above. 

The company is cash rich with 300+m cash on hands likely able to sustain in paying out dividend.  

She will be reporting her 1st Half results in August,  interim dividend of 5.58 cents is coming. Nice!

Pls dyodd. 

20th July 2025:

Sbs Transit  - She is gaining momentum likely to retest 2.95 again. A nice breakout smoothly plus good volume we may see her rising up further towards 3.00 and above !

Beyond 3.10, she may rise up to test 3.15 than 3.30.

1st Half results will be out in August 2025, interim dividend of 5.58 cents is coming! If Final dividend remain the same as last year 14.69 cents that would be superb!

They have so much cash on hands about 300+m. 

Pls dyodd. 

 14th July 2025:

 Sbs Transit  - Nice breakout today at 2.92. Looks rather bullish and she may rise up to test 3.00 than 3.10 and above!

Beyond 3.10, she may rise further higher towards 3.28 than 3.40 and 3.50.

First Half results will be out in August,  dividend is coming.  Nice!

Pls dyodd. 

Mapletree Log Tr - First Quarter results is out. DPU os down 7.3 percent to 1.812 cents vs 1.954 .

 Mapletree Log Tr  - First Quarter results is out. DPU os down 7.3 percent to 1.812 cents vs 1.954 .

Gross Revenue is down 2.7% to 177m vs 181m.

NPI is down 2.1% to 153m vs 156m.

Borrowing costs is up 2.3% to 39m vs 38m. 

Excluding divestment gains,  DPU is up marginally 0.5% reflecting stable operations performance. 

Occupancy rate is at 95.7%.

XD 30th July.  

Pls dyodd.

ComfortDelGro - Yesterday, spotted some buying interest and pushed up the price to close 2 cents higher at1.47 , looks rather bullish likely to continue to trend higher towards 1.50

 ComfortDelGro  - Yesterday,  spotted some buying interest and pushed up the price to close 2 cents higher at  1.47 , looks rather bullish likely to continue to trend higher towards 1.50!

The volume still not quite high enough to indicate Big Boys have yet to accumulate enough! I think price may continue to climb higher towards the first Half results in August cum interim dividend!

Beyond 1.50, she may rise up to retest 1.55 and above. 

Pls dyodd.