She may go down to retest 8.24. If cannot hold, then she may slide further down towards 8.00 than 7.70. Beyond that, she may go down to test 7.00 and below. Pls dyodd.
21st August 2025:
Ifast - we have witnessed the end of the uptrend turning into bearish reversal mode and it may take sometimes for the dust to settle down!
Meanwhile, she may go down to test 8.18 than 8.00 with extension to 7.69.
Pls dyodd.
19th August 2025:
As mentioned earlier, she has run up too much and too fast, the price simply cannot sustain and finally gave way and falling down to 8.90. I think is better to let the dust settle down first!
When the price has reached to an overpriced level anything can happen!
Pls dyodd.
3rd August 2025:
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.
