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iFAST Corporation
Broker's Calls
Citi stops coverage of iFast, two years after first warning of share price volatility
iFast has yet to announce when it will release its FY2023 results.
January 31, 2024
Broker's Calls
Brokers' Digest: Hyphens Pharma, iFast Corporation, Netlink, RE&S Holdings, Frencken
See what the analysts say this week.
December 01, 2023
Broker's Calls
'Is it time to revisit iFast?' UBS nearly doubles its target price to $10 on Hong Kong growth
UBS has raised its target price from $6.50 to $10. iFast shares traded at an intra-day all-time high of $10.10 in September 2021.
November 28, 2023
Company in the news
iFAST Corp launches global digital hub in Malaysia
iFAST Global Hub.ai is set to invest over RM150 million and will occupy more than 63,000 sqft of office space over five years.
November 21, 2023
Billion Dollar Club 2023
iFAST prepares for greater profitability with Hong Kong contribution
While market and investor sentiment remained volatile in 3QFY2023 ended September, iFAST recorded positive net inflows.
November 09, 2023
Broker's Calls
Brokers’ Digest: Sheng Siong, iFast Corp, Wilmar, CSE Global, OUE Commercial REIT, CLAR, CLAS
See what the analysts have to say this week.
November 03, 2023
Results
iFast Corp reports 3QFY2023 earnings of $8.5 mil, 308.4% higher y-o-y
The surge was attributed to growth in iFast’s operations in Singapore and Hong Kong.
October 25, 2023
Broker's Calls
With Hong Kong contribution expected in 2HFY2023, CGS-CIMB upgrades iFast to 'hold' with 40% higher TP
iFast’s 1HFY2023 results were released on July 25. Over the past five days, its shares have risen 79 cents, or 16.42%.
July 28, 2023
Results
iFast reverses into earnings of $3.3 mil for 2QFY2023; expects to see improvements in profitability from 2HFY2023
The group has declared an interim dividend of 1.10 cents per share, unchanged from the year before.
July 25, 2023
Broker's Calls
CGS-CIMB keeps "reduce" call on iFast, pending further details on pension scheme platform project
A fee of 1 basis point out of the HK$344 billion AUM can translate into additional earnings of $5.8 million for iFast's FY2025
June 30, 2023