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But alas, iFAST’s latest earnings results did not meet investors’ expectations and it fell by about 10%: Are they still overvalued, or is this a good chance to get in before the next run? I’ll share my analysis of their business and valuation of iFAST here. But first, let’s take a look back at the many...iFAST (SGX: AIY)’s share price had been on a remarkable run.
Every time we thought the share price was high, it climbs even higher. If you bought this stock a year ago and held it till 23 Jul 2021 (the point of writing), you would have made a 423% gain! This is phenomenal considering that Singapore stocks tend to be more tamed in their returns.
