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iFAST Corporation
Banking & finance
iFast’s digital banking division launches cross-currency transfer service
The service allows the group’s DPB customers to transfer money across over 50 countries in more than 25 currencies.
8 days ago
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.
August 01, 2024
Broker's Calls
CGSI ups iFast target price to 27% upside on 2QFY2024 earnings beat
iFast posted 2QFY2024 patmi of $16 million, up 11% q-o-q and 346% y-o-y.
July 30, 2024
Company in the news
iFast prices inaugural issue of $100 mil notes due 2029
The five-year notes come with a 4.328% coupon and are expected to be issued on June 11.
June 03, 2024
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.
May 02, 2024
Broker's Calls
DBS upgrades iFast to ‘buy’ with higher TP of $9.57 as outlook turns more positive
Analyst Ling Lee Keng has kept her earnings forecasts unchanged for FY2024 and FY2025.
April 26, 2024
Results
iFast Corp posts 1QFY2024 earnings of $14.5 mil, five times higher y-o-y
iFast has declared a first interim dividend of 1.3 cents per share for 1QFY2024 to be paid on June 7.
April 25, 2024
Investing ideas
Three catalysts spur higher target prices for iFast after FY2023 results
iFast Corporation’s blowout 4QFY2023 has prompted analysts to raise their target prices on the Mainboard-listed company.
February 29, 2024
Broker's Calls
Analysts raise target prices for iFast by as much as 54% after FY2023 results
Analysts are, however, staying “hold” on the Mainboard-listed company.
February 27, 2024
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.
February 22, 2024