![](https://i.imgur.com/CLvY2jA.png")
05-04-2022, 01:53 PM
I reduced my stake in iFast but kept some
It's last big win was HK MPF.
Next one potentially Malaysia Digital banking license.
It already has foot print in UK.
After stock peaked at $10 it sank to $5 before rebound to $6.
The stock is richly valued and the Fintech space is so crowded with many players now. Licensing control where each can play but many can lay anywhere.
I don't see a moat nor a high sustainable growth any more.
But it was good for that ride up from 90cts to $10. ...I only got out 6-7$.
It's last big win was HK MPF.
Next one potentially Malaysia Digital banking license.
It already has foot print in UK.
After stock peaked at $10 it sank to $5 before rebound to $6.
The stock is richly valued and the Fintech space is so crowded with many players now. Licensing control where each can play but many can lay anywhere.
I don't see a moat nor a high sustainable growth any more.
But it was good for that ride up from 90cts to $10. ...I only got out 6-7$.
I, being poor, have only my dreams; I have spread my dreams under your feet; Tread softly because you tread on my dreams.
