$IFAST CORPORATION LTD.(AIY.SI

2022-01-10

$IFAST CORPORATION LTD.(AIY.SI)$Given that the company is asking investors to fund for the acquisition of the bank, I feel that these are worse news than the analysts reducing their TP for iFast.

https://www.theedgesingapore.com/news/equity-raising/ifast-raise-75-mil-share-offer-7-discount

Long term prospect for the company is positive, also given the potential growth from HK & Malaysia. However, investors must be cognisant that it is no longer possible for the company to enjoy the past vast growth like the last two years. I'm convincing myself that my money is in a 2 years fixed deposit and I hope this conviction will prove me correct in 2024 [Miser]

What about you?

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Comments

HKpoh
2022-01-11
HKpoh
Hop for the best
Ken7979
2022-01-11
Ken7979
yeah..Just like a fd
Dazz
2022-01-11
Dazz
thankfully the rights were oversubscribed at the higher tier of 7.50. Unless there are new developments, the price probably will stay around this level.

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However, investors must be cognisant that it is no longer possible for the company to enjoy the past vast growth like the last two years. I'm convincing myself that my money is in a 2 years fixed deposit and I hope this conviction will prove me correct in 2024 [Miser]&nbsp; What about&nbsp;you? <img src=\"https://static.itradeup.com/news/8bb8fbc2be2b2d165fee966d89cfd11f\" tg-width=\"720\" tg-height=\"2289\"></body></html>","htmlText":"<html><head></head><body><a href=\"https://ttm.financial/S/AIY.SI\">$IFAST CORPORATION LTD.(AIY.SI)$</a>Given that the company is asking investors to fund for the acquisition of the bank, I feel that these are worse news than the analysts reducing their TP for iFast.&nbsp;https://www.theedgesingapore.com/news/equity-raising/ifast-raise-75-mil-share-offer-7-discountLong term prospect for the company is positive, also given the potential growth from HK &amp; Malaysia. However, investors must be cognisant that it is no longer possible for the company to enjoy the past vast growth like the last two years. I'm convincing myself that my money is in a 2 years fixed deposit and I hope this conviction will prove me correct in 2024 [Miser]&nbsp; What about&nbsp;you? <img src=\"https://static.itradeup.com/news/8bb8fbc2be2b2d165fee966d89cfd11f\" tg-width=\"720\" tg-height=\"2289\"></body></html>","text":"$IFAST CORPORATION LTD.(AIY.SI)$Given that the company is asking investors to fund for the acquisition of the bank, I feel that these are worse news than the analysts reducing their TP for iFast. https://www.theedgesingapore.com/news/equity-raising/ifast-raise-75-mil-share-offer-7-discount Long term prospect for the company is positive, also given the potential growth from HK & Malaysia. However, investors must be cognisant that it is no longer possible for the company to enjoy the past vast growth like the last two years. I'm convincing myself that my money is in a 2 years fixed deposit and I hope this conviction will prove me correct in 2024 [Miser] What about you?","highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"favoriteSize":0,"link":"https://ttm.financial/post/9006546841","repostId":0,"isVote":1,"tweetType":1,"viewCount":2212,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":["AIY.SI"],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":573,"xxTargetLangEnum":"ORIG"},"commentList":[{"id":100172744,"commentId":"100172744","gmtCreate":1641843959115,"gmtModify":1663242206128,"authorId":4090651426001740,"author":{"id":4090651426001740,"idStr":"4090651426001740","authorId":4090651426001740,"name":"HKpoh","avatar":"https://static.tigerbbs.com/c7e76b0a89262ef58fedef12ced230ca","vip":1,"hat":"https://static.tigerbbs.com/646756f1284a5a6480ed02cc4fa7d1d2","crmLevel":5,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9006546841,"objectIdStr":"9006546841","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"Hop for the best","text":"Hop for the best","html":"Hop for the best","likeSize":2,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0},{"id":100176773,"commentId":"100176773","gmtCreate":1641866327336,"gmtModify":1641866327336,"authorId":3558513945558541,"author":{"id":3558513945558541,"idStr":"3558513945558541","authorId":3558513945558541,"name":"Ken7979","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"hat":"https://static.tigerbbs.com/f84d87792f02cf78e80ee34979fd31e5","crmLevel":5,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9006546841,"objectIdStr":"9006546841","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"yeah..Just like a fd","text":"yeah..Just like a fd","html":"yeah..Just like a fd","likeSize":1,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0},{"id":100178521,"commentId":"100178521","gmtCreate":1641880700993,"gmtModify":1663242227128,"authorId":3580043263355101,"author":{"id":3580043263355101,"idStr":"3580043263355101","authorId":3580043263355101,"name":"Dazz","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":3,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9006546841,"objectIdStr":"9006546841","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"thankfully the rights were oversubscribed at the higher tier of 7.50. 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