About 3 weeks back when IFAST was around 2.52, we kind of spotted some bullish actions in this counter and hence some upside targets were drawn. Clients were alerted and after that a video was recorded to reiterate my view and and also share what we saw on the 1GT system as well. FAST forward to end of Oct, we have traded higher but seems like hitting a bit of an obstacle. This is normal given that we have spiked up by more than 50% in 3 weeks. So the question is: Can there be further upside? What should you do if you are already seating on Profits? Well, we are seeing some NEW supports for this counter so you want to check out what it is. Also! We had a BULLISH signal on the 1GT system as mentioned previously, ANY EXITS? Watch to the end

Singapore prides itself on being a financial hub with access to high quality banking and finance companies and talent within the space. Our local banks – DBS (SGX: D05); UOB (SGX: U11); and OCBC (SGX: O39) – are often cited as among the best, safest, strongest, or most innovative banks in the world as well. These banks are also listed on the Singapore Exchange (SGX) and comprise close to 40% of the Straits Times Index (STI) – our local benchmark index. This makes it attractive to invest in such a strong company, especially when they also provide relatively good and stable dividends to investors. However, Singapore’s banking sector is also important to all other industries – providing vital payment, loans, investments, and other services to ensure the local economy continues to th

One of the most important elements of a tech platform business model is the ability to create multiple expansion network effects.A network effect is often described in economics and businesses as one of the key pillars of success as it depicts a contagion behavior of one additional usage of products or services that will have on the next users. This creates a long-lasting effect and an increasing value of a customer's lifetime value, which is one of the key unit economic metrics for a business.The Internet is clearly the easiest example of the network effect, where everything in our daily activities flows through the web channel.Let's take a look in more detail by using a private ride-hailing network, Grab as an example.Grab started out as a ride-hailing platform where it aims to create a

  Over the past 2 months, we have seen some consolidation in IFAST, and there were some selling too as the market sold off.   But it has found a 𝐠𝐨𝐨𝐝 𝐬𝐮𝐩𝐩𝐨𝐫𝐭 and a rebound seen.   In fact, some upside targets were drawn a few weeks back and we have hit those target. ️🎯     Hey guys, Joey here, Top Tier Remisier in Phillip Securities.   𝐒𝐨 𝐭𝐡𝐞 𝐪𝐮𝐞𝐬𝐭𝐢𝐨𝐧 𝐢𝐬:   Can We Still See More Upside in This Counter? 📈📈   Or Is The Uptrend Over?   Well, watch this video all the way to the end to see, 𝐰𝐡𝐞𝐫𝐞 𝐰𝐞 𝐚𝐫𝐞 𝐧𝐨𝐰 𝐚𝐧𝐝 𝐖𝐇𝐘 i feel we can still have more strength if we hold above this key

Just a week ago, a huge piece news was unveiled in Singapore’s insurance space. Aviva sold its Singapore unit to homegrown digital insurer Singapore Life (Singlife) in a deal valued at $3.2 billion, which makes it the largest of its kind in Singapore, and one of the largest in South East Asia. Singlife has said that moving forward, it plans to continue expansion and seeks to list on SGX. Singlife founder and CEO told Reuters that: “Our ambition is ultimately to list in Singapore. As a publicly listed company of the future, that gives ownership of our firm into a much more broad-based community.” Singlife’s listing would be a welcome addition to the insurance and financial services sector on SGX, which has remained resilient amidst the difficult economic environment brought about by

Both Singapore and Malaysia celebrate National Day in the month of August. It is timely to share the 4 National Giant Stocks in each country which preserve the national wealth. Learn from Dr Tee on how to position these stocks during COVID-19 stock crisis. 4 Singapore National Stocks: 1) DBS (SGX: D05) 2) Singtel (SGX: Z74) 3) OCBC (SGX: O39) 4) UOB (SGX: U11) 4 Malaysia National Stocks: 1) Maybank (Bursa: 1155) 2) Top Glove (Bursa: 7113) / (SGX: BVA) 3) Hartalega (Bursa: 5168) 4) Public Bank (Bursa: 1295) Stock market is a hidden way to preserve and grow the national wealth. For Singapore SGX, there are 30 large cap stocks in STI Index (^STI), which can be sorted below by size of market cap (share price x number of shares) with ROE (Return on Equity):

Patience is one of the key traits in investing.But we hardly see them after the resurgence of tech investing these days.Patient investing does not necessarily mean you have to hold the shares in your portfolio for the long term or infinity period. I get a sense that many people are misinterpreting this as they thought the longer the hold the better the returns will be. Not every investment will fall under this natural cycle, as they are many factors, both internal and external that would affect this. For example, companies in the oil & gas or property cycle are likely to be cyclical and regulatory in nature so the underlying fundamentals will shift with the circumstance.STI ComponentThe STI Index has not been doing "particularly well" if we compare where they are today versus wher

With Singapore’s economy officially in a recession, it comes as no surprise that our local banks are also seeing a drop in their net profit this year. The star performers for many local investors over the past few years, the three local banks – DBS, OCBC & UOB – are also the top 3 components of the Straits Times Index, accounting for close to 40% of the index. Earlier this year, the Monetary Authority of Singapore (MAS) called on local banks to cap their dividends at 60% of FY2019, and to offer shareholders the option of receiving the dividends to be paid for FY2020 in scrip (i.e. shares) instead of cash. This is a prudent move, as dividend restriction, for one year at least, will bolster the banks’ resilience and capacity to support other businesses in this period. Read Also:

The best way to make money is to let money make more money. In this article, you will learn 30 Singapore Banking & Finance Stocks which are efficient in making money with money for investors, focusing in 6 groups of stocks (with strategies for 3 major bank stocks: DBS, OCBC and UOB): 1) Bank Stocks2) Finance Stocks3) Insurance Stocks4) Stock Broker Stocks5) Pawnbroker Stocks6) Investment and Other Stocks There are only 30 Banking & Finance stocks in Singapore, relatively less than other sectors as Singapore has tighter regulation in finance sector for services such as lending money (limited licenses available): AMTD IB OV (SGX: HKB), B&M Hldg (SGX: CJN), DBS Bank (SGX: D05), Edition (SGX: 5HG), G K Goh (SGX: G41), Global Investment (SGX: B73), Great Eastern (SGX:

About a month back on 19 June 2020, I shared a video of IFAST on Facebook.. 🤓I mentioned that we can 𝐩𝐨𝐭𝐞𝐧𝐭𝐢𝐚𝐥𝐥𝐲 𝐬𝐞𝐞 𝐦𝐨𝐫𝐞 𝐮𝐩𝐬𝐢𝐝𝐞 and there were some targets that were drawn to about 1.40 which is about 14% upside ..We were then trading at 1.24..Hey guys, Joey here, Top Tier Remisier in Phillip Securities.1 month has passed and today is the 20th July 2020 so the question is. "𝐂𝐚𝐧 𝐭𝐡𝐞𝐫𝐞 𝐬𝐭𝐢𝐥𝐥 𝐛𝐞 𝐦𝐨𝐫𝐞 𝐬𝐭𝐫𝐞𝐧𝐠𝐭𝐡 𝐢𝐧 𝐈𝐅𝐀𝐒𝐓 and 𝐰𝐡𝐞𝐫𝐞 𝐚𝐫𝐞 𝐰𝐞 𝐧𝐨𝐰?" 💪Is the uptrend over or can we still see it push higher gradually?Well, in fact just last week, we spotted 𝘀𝗼�

Sign up & unlock articles! Can anything stop iFAST share price? As a fintech company, the history of iFAST is certainly intriguing. The company started life as fundsupermart.com during the dot.com bubble in 2000. The SARS of 2003 and the Great Financial Crisis in 2008 had almost destroyed the business but somehow the company managed to survive. The current COVID-19 pandemic is actually the third crisis for the fintech company but iFAST share price has been rather buoyant instead. With a market capitalization of only $350 million, iFAST is considered a small cap in SGX mainboard. But considering the minimum debts it has and the aggressive growth strategies, iFAST share price had managed to punch above its weight in recent years. iFAST share price on steroid! Of late, iFAST share p

Despite Friday’s slide, STI still gained 1% over the week; Daily volume remained at healthy levels; Economy moved to Phase Two of reopening on Friday; Singapore’s NODX dropped 4.5% in May but recovery could be coming; Southern Alliance Mining lodged its IPO prospectus; SIA and iFAST were among stocks in play Despite Friday’s selloff, STI still rose 1% for week After the volatility of the past several weeks, a consolidation of sorts was only to be expected. This is what transpired last week, as markets everywhere entered a period of uneasy calm as investors and traders pondered whether the steep price gains of since early April were justified, given the bleak economic outlook confronting the world. For most of the week, prices moved sideways as players waited for fresh news or dire

There are enough people asking me how I achieved my low trading commissions. Well, I do not think they are that low. So maybe I can share more. Early this year, I decided to add Interactive Brokers to the brokers at my disposal. There are a few reasons I decide to add Interactive Brokers or IBKR for short to my wealth management platforms. Here is a short list: Through IBKR, I can buy and sell stocks in a lot of markets. Much more than most brokers out there. (Currently, as a Singaporean, you cannot use IBKR to trade the stocks listed on SGX in Singapore but foreigners can. This will change with the launch of IBSG or Interactive Brokers Singapore later this year)IBKR’s commissions for most markets are low. Based on my trading size of $3000 to $10,000 the commissions fo

Just about 3 months back, we saw heavy selling in IFAST when the key 1.00 support broke and the market tanked.. 📉Downside targets of more than 10% were drawn.. it Hit. 🏹But the 𝗥𝗘𝗕𝗢𝗨𝗡𝗗 came strong and fast in April...𝐉𝐔𝐒𝐓 𝐥𝐢𝐤𝐞 𝐢𝐭'𝐬 𝐍𝐚𝐦𝐞... 🌈🌈Hey Guys, Joey here, Top Tier Remisier in Phillip Securities.Over the past 2 months, we have continued to see strength and 𝐅𝐈𝐍𝐀𝐋𝐋𝐘,On 19 June 2020 when the market opened, we spotted some 𝐫𝐞𝐚𝐥𝐥𝐲 𝐁𝐮𝐥𝐥𝐢𝐬𝐡 𝐚𝐜𝐭𝐢𝐨𝐧𝐬... 🐮🐮It has managed to break a Resistance KEY level after consolidating below it for 4 years...Yes 4 years..That is indeed 𝐬𝐨𝐦𝐞𝐭𝐡𝐢𝐧𝐠 𝐦�

Company Background Some of you might be using FSMOne to buy and sell unit trusts, ... Read more >>

Short PostGSB, which I had just written about recently on 9 Nov 2019, has recently released some good news!Yes! Shortly after I invested in the company, it announces a special dividend of US$3.35!That more than 30% of return!So far that is the 2nd piece of good news since the launch of the Crazy Portfolio. I do hope it continues!As for other overseas companies, it is good to note that previously written companies like UVE, GDOT and IGG, still exists within the Crazy Portfolio.Thus that is 5 companies that I have written about. Stay tuned for more!This is the final call!Join us this coming 23rd Nov (Sat)  |  10.30am to 5pm in understanding both FA & TA to make better trading decisions. iFAST@Ocean Financial Centre10 Collyer Quay, #26-01 Ocean Financial Centre, Singapore 0

Hi all, It has been a while since I ran a seminar.I have been trying to collaborate with a TA guru to come up with a Fundamental-Analysis-Technical Analysis (FATA) seminar/course. As you can see...we have yet to decide on the name...The reason for doing this is mainly to value add to our respective communities. I do believe that having some TA knowledge can help an investor find a better entry point. For a trader, having simple FA knowledge can bring about better gains or what happens if you miss a stop loss?The seminar structure will be as follows:- Intro- FATA Mental Framework- FA - The Most Important Ratio- TA - Her Unique Style- Lunch- Stocks Discussion (Highlight of the day)- EndIn my opinion, the stocks discussion is the highlight. For whoever that sign up, I will ask you for a count