UBS Global Research

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.

Broker's Calls

Analysts like Mapletree Logistics Trust for ‘resilient’ performance; UBS upgrades to ‘buy’

MLT's 4QFY2024 DPU stood at 2.211 cents while its FY2024 DPU came in at 9.003 cents.
iFast posts second strong quarter; earning upgrades - THE EDGE SINGAPORE

Investing ideas

iFast posts second strong quarter; earning upgrades

iFast posted earnings of $14.5 million for 1QFY2024, nearly five times higher y-o-y.

Broker's Calls

UBS raises iFast target price even further to $10.50 after 'strong' FY2023 results

iFast’s 4QFY2023 net profit surged 917% y-o-y to $13.18 million.
Citi advises investors to 'sell' Singapore's best-performing stock, analysts split on iFAST's UK bank acquisition - THE EDGE SINGAPORE

Broker's Calls

Citi advises investors to 'sell' Singapore's best-performing stock, analysts split on iFast's UK bank acquisition

“The acquisition will be immediately dilutive to earnings per share, as BFC Bank is loss-making."

Investing strategies

Could 2017 spell the end of EPS cuts for the Singapore market?

SINGAPORE (Nov 29): UBS Global Research is expecting more cuts to its 2017 earnings per share (EPS) estimates in early 2017, but believes this is set to bottom out before a likely cyclical pick-up in 2H17.
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