HorsePower
:
Shares of investment platform operator iFast plunged 12% on Monday morning (April 28) after the company revised its Hong Kong profit target and reported first-quarter earnings. By midday, IFAST had dropped 12.1%, or S0.87,toS6.32. According to Friday's (April 25) earnings report, the Singapore-based firm lowered its 2025 pre-tax profit target for Hong Kong from HKD500 million to HKD380 million. The company posted a 31.2% year-on-year increase in Q1 net profit to S19 million, driven by a 24.4106.9 million. The improvement was attributed to its UK banking unit returning to profitability and sustained expansion in its core wealth management platform business.
$IFAST (AIY.SG)$director insider buy at 6.44 and share buy back also happened . good
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☆ Farmer ☆
:
it doesn't make sense. haha. last week almost 6 they no buy (or not allowed to buy before release results??) but buy at higher price yesterday?
$IFAST (AIY.SG)$ what a nice flush, some more over the next few days wld be good, hopefully below 6 🙏
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Buffett's holdings are the latest portfolio from Berkshire Hathaway. Regarded as a top investor, his trades often signal the market and influence the industry. Buffett's holdings are the latest portfolio from Berkshire Hathaway. Regarded as a top investor, his trades often signal the market and influence the industry.
Heng8888888 : it might hit... let the sellers decide cos it is their money
Bull Run : They short and need buy back eventually and if sudden squeeze will hurt them very much as a sudden good news may drown them