$IFAST (AIY.SG)$ UOBKH raised IFast's tp to 8.56 from 6.56. ...
UOBKH raised IFast's tp to 8.56 from 6.56.
But it broke down below 7.05 support. May fall to 6.50-6.55.
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102406932 : 6.5？？？
JJ trader : What do you trying to say is UOB want to sell and come out a report to tell people to buy. Right ?!
JJ trader : SGX no question on this counter. Up or down also no question.
bullrider_21OP JJ trader: May be possible.
bullrider_21OP 102406932: Looks like it.
Bruce Tong : Fintech stocks are only living on hype. 100 over times PE, never pay dividend, pathetic EPS. what's the value proposition of this stock? over time, consumers will get to enjoy greater and greater convenience at lower and lower fees, but many companies will go bankrupt to give consumers these services. just becos a sector looks promising doesn't mean the company will do well. but the end consumer will get to enjoy what these overvalued companies bring to the market.
Bruce Tong 102406932: 5 dollars also possible.
DK11 Bruce Tong: The revenue and eps growth tell a different story. ifast pays a little dividend. do you read the financial numbers?
Bruce Tong DK11: except in 2019 where it paid a 3% yield, every year after that pays 1% or lesser. even sheng shiong pays a higher dividend. whats the catalyst for growth for this stock, whats so special they are doing that other fintech cannot replicate?
DK11 Bruce Tong: they enter Hong kong market while others exiting