BenjiFuji
2022-10-20
$IFAST CORPORATION LTD.(AIY.SI)$Bullish on iFast even after the whole slew of bad news.

Downside risk is that iFast had a large one offlost from the India operations and it's profit margins have dipped from 14.5% to 8.2%. Aside, there was a history of dilution of shareholders before, leading to a massive sell off.

On the upside, it has a 0% debt equity ratio, and that was 5 years ago. No coverage is needed from operating cash flow and no payment of interest is needed. There has also been 91kshares bought in the past 3 months by insiders, with none selling out. Over the past 12 months, 4 insiders and 2 companies buying, while only 2 insiders selling. And the selling is around36k only for 12 months.

Fired another bullet in today. If the price dips further, I will just buy more at my pre determinded level. [Grin] 

What about you?

Meanwhile here is cute picture of good old friends Gates and Buffett. [Great] 

@TigerStars@CaptainTiger@MillionaireTiger


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Comments

  • hellodarz888
    2022-10-20
    hellodarz888
    no competition risk?
    • BenjiFuji
      Its been managing the competition well. Theres always competition [Great]
  • 小辉goPro
    2022-10-20
    小辉goPro
    must Fast growing [Cool]
    • BenjiFuji
      Almost no downside risk. Upside potential huge. Love the asymmetry. [love you]
  • LMSunshine
    2022-10-21
    LMSunshine
    Thanks for sharing🤗 is the P/B a bit high for a company with no debts🤔?
  • JC888
    2022-10-22
    JC888
    Whats the link betw foto n article?? Can't figure out. Explain pls? Tks tks
  • Slow slow
    2022-10-21
    Slow slow
    真的假的哈,已经亏到吐啦
  • snoopy123
    2022-10-20
    snoopy123
    DCA all the way.. [Surprised]
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