iFAST Corp

Investing ideas

iFast’s ‘strong’ 2Q earnings beat wins praise

Target prices for iFast range from $8.03 to $10.50, against its current traded price of around $7.41.
CGSI ups iFast target price to 27% upside on 2QFY2024 earnings beat - THE EDGE SINGAPORE

Broker's Calls

CGSI ups iFast target price to 27% upside on 2QFY2024 earnings beat

iFast posted 2QFY2024 patmi of $16 million, up 11% q-o-q and 346% y-o-y.
IFAST's net profit in 2QFY2024 surges 346.1% - THE EDGE SINGAPORE

Results

iFast's net profit in 2QFY2024 surges 346.1%

iFast's net profit rose by 346.1% to $16.03 million in 2QFY2024.
iFast Corp wins nod to launch bond trading platform in Malaysia for retail investors - THE EDGE SINGAPORE

Company in the news

iFast Corp wins nod to launch bond trading platform in Malaysia for retail investors

Bondsupermart Malaysia will be launched in the second half of the year
DBS Group and iFast Corp divide the spoils - THE EDGE SINGAPORE

Billion Dollar Club 2023

DBS Group and iFast Corp divide the spoils

DBS Group Holdings is a company that requires no introduction to anyone in Singapore

Broker's Calls

Hong Kong contribution prompts higher target prices for iFast

The company has set a 10-year target to raise AUA to $100 billion by 2028
iFast chairman, Yew Kee's Seah family raise stakes; UOB in share buybacks  - THE EDGE SINGAPORE

Insider moves

iFast chairman, Yew Kee's Seah family raise stakes; UOB in share buybacks

The recent buying gives Lim a total interest of around 59.5 million shares, equivalent to 20.151%.
iFast reports 48% y-o-y drop in 1QFY2023 earnings, eyes 'high growth' period ahead - THE EDGE SINGAPORE

Results

iFast reports 48% y-o-y drop in 1QFY2023 earnings, eyes 'high growth' period ahead

iFast plans to pay an interim dividend of a cent
iFast's disappointing FY2022 to give way to UK, Hong Kong profitability - THE EDGE SINGAPORE

Corporate moves

iFast's disappointing FY2022 to give way to UK, Hong Kong profitability

After what has been described by some analysts as a “tumultuous” FY2022, iFast Corp expects better days ahead.
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