$IFAST CORPORATION LTD.(AIY.SI)$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-discountLong 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?
$SEA LTD(SE)$Really under the sea.. entry price at $315 and I was prepared to DCA when drips. Although no change in fundamentals, I have to admit that it's getting frightening now when all my orders are filled up quickly [LOL]
Always felt that analysts have their own agend and can flip flop pretty first. So DYODD. If you believe in the stock and have already keep enough for rainy days, now is a good time to buy.
Tesla Earnings ‘Disappointed.’ Why Analysts Are Raising Their Price Targets.