SGX
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TERMS APPLY. OPINIONS ONLY. iFast CEO and Malaysian national, Mr Lim CC, continued to mumble through on Monday, usually without providing clear/concrete answers, while the Group CFO Mr Terence Lin could not address the raised accounting issues, such as those related to accounts receivable worsening trends. There is no clarification on why accounts receivable (AR)…
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By viewing material on this website you agree to the Terms. Viewing and/or Use of Sakura Research materials is at your own risk. THE RESEARCH EXPRESSES SOLELY OUR OPINIONS. Since August, SREITs have gained much more prominence for their attractive yields due to the lowering interest rates and disinflation. For the following reasons, we are…
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Sakura ResearchTERMS APPLY. OPINIONS ONLY. FULL REPORT AT https://SakuraResearch.com/ We are short iFast Corp (SGX:AIY), and long its dividend-rich & cash flow yield-rich peer, UOB-Kay Hian (SGX:U10). Re Business Times article: iFast, analysts refute short-seller claims that business is unsustainable.https://www.businesstimes.com.sg/companies-markets/ifast-analysts-refute-short-seller-claims-business- unsustainable 1. “In response to queries from Business Times, iFast declined to comment on most of…