Account Info
Log Out
English
Back
Log in to access Online Inquiry
Back to the Top

$IFAST (AIY.SG)$ Contributions from iFAST Corp.'s Hong Kong ...

Contributions from iFAST Corp.'s Hong Kong ePension project may ramp up in 4Q, based on management commentary, CGS International analyst Andrea Choong says in a research report. This ramp-up could be even more significant in 2025, on contributions from the commencement of the Singapore-listed fintech platform's occupational retirement schemes platform project, the analyst says. In 2Q, its platform business in Singapore performed better than expected, while its U.K. bank posted a narrower loss, the analyst notes. The brokerage lifts its 2024-2026 EPS forecasts for iFAST by around 9%-15%, and raises the stock's target price to S$9.50 from S$9.10 with an unchanged add rating.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only. Read more
1
+0
4
Translate
Report
39K Views
Comment
Sign in to post a comment
avatar
Moo Contributor
Follow me to get useful analysis, learn TA and make profitable trades. Maximise profit 利润最大化
7548Followers
45Following
26KVisitors
Follow