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2014-08-25 20:07 | Report Abuse
can easily break 40 cent and consolidate at 42-47 cent
2014-08-25 20:06 | Report Abuse
today volume is 2.5 times compared with 1st high of 31c at 31 jul
2014-08-25 20:01 | Report Abuse
we shall see limit up again tomorrow break 42c hopefully
2014-08-25 19:55 | Report Abuse
A GST play, to benefit from the property industry spanning upgrades for GST.
Massive jump in earnings expected; IFCA is ready to reward shareholders.
We value IFCA at MYR0.42, based on 14.5x FY15 PER. The stock is an under-researched gem.
What’s New
IFCA is a business software solution company specializing in the property industry. It has a monopoly-like business model with 70% market share in the Malaysian property software industry.
IFCA is the biggest beneficiary of GST implementation in the property sector. It has chalked up higher sales contracts in 1H14 of MYR42.1m at its Malaysia operation alone (2013: MYR38.9m) on upgrades in IT systems by the developers. As only 10% of its existing clients have upgraded/are upgrading their software for GST implementation, we see enormous potential for IFCA.
IFCA is also reaping the fruit from its aggressive expansion in China over the past ten years. Its China operation is expected to record strong double-digit growth in sales/earnings; it will likely overtake its Malaysian business as the key earnings driver by 2016-17. The company is ready to reward shareholders with dividends/free warrants. It also plans to transfer to the Main Market.
What’s Our View
Based on our back-of-the envelope calculation, we project a strong 406% growth in FY14 net profit to MYR8.8m, and a 50% growth in FY15 to MYR13.1m. These are premised on strong contract sales and improving net margins. As at June 2014, balance sheet was clean with a net cash of MYR30m or 6.7sen/sh.
Pegging it to 14.5x PER (10% discount to the average of peers of 16.1x), we derive a fair value of MYR0.42 for IFCA.
Source: Maybank Research - 25 Aug 2014
2014-08-25 19:52 | Report Abuse
" Posted by Lucas Chan > Aug 25, 2014 07:48 PM | Report Abuse
ifca up so fast...i need buy some more for long term ler!! can give me some discount?? hehe"
u want discount , buy , in future, lagi mahal.
2014-08-25 19:52 | Report Abuse
"Posted by fortunebullz > Aug 25, 2014 05:32 PM | Report Abuse
Wait for bloodbath! Coming soon! Wink Wink!"
haha, don't over confident that price will drop.
When 20c over don't want to buy, now go up liao baru say the price will drop 99. What kind of mentalilty is that?
GUOCO, DSONIC kena UMA too , but the price?
Unless u said stock like PDZ losing money stock , kena UMA drop lo/
Guys, we can see a lot of new comer here who doesn't know in and out putting bad comment for the rally. Rally will still go on irregardless of what bad comment u made.
2014-08-25 19:45 | Report Abuse
As only 10% of its existing clients have upgraded/are upgrading their software for GST implementation, we see enormous potential for IFCA.
if the 90% masuk........... the profit gonna 10 times
2014-08-25 19:44 | Report Abuse
IFCA is also reaping the fruit from its aggressive expansion in China over the past ten years. Its China operation is expected to record strong double-digit growth in sales/earnings; it will likely overtake its Malaysian business as the key earnings driver by 2016-17. The company is ready to reward shareholders with dividends/free warrants. It also plans to transfer to the Main Market.
2014-08-25 19:43 | Report Abuse
As only 10% of its existing clients have upgraded/are upgrading their software for GST implementation, we see enormous potential for IFCA.
2014-08-25 12:09 | Report Abuse
mana SATAYMAN? kalau satayman tahu untung, tak payah lah jual satay
2014-08-24 22:48 | Report Abuse
冷眼 分享 - 知彼知己 百战不殆
要在股市投资成功,“知”是一个关键。
在战争中,“知”的程度,是决定胜败的重要条件。
http://tw.gigacircle.com/1722914-1
2014-08-23 15:58 | Report Abuse
冷眼 分享 - 知彼知己 百战不殆
要在股市投资成功,“知”是一个关键。
在战争中,“知”的程度,是决定胜败的重要条件。
http://tw.gigacircle.com/1722914-1
2014-08-23 15:58 | Report Abuse
冷眼 分享 - 知彼知己 百战不殆
要在股市投资成功,“知”是一个关键。
在战争中,“知”的程度,是决定胜败的重要条件。
http://tw.gigacircle.com/1722914-1
2014-08-23 15:57 | Report Abuse
冷眼 分享 - 知彼知己 百战不殆
要在股市投资成功,“知”是一个关键。
在战争中,“知”的程度,是决定胜败的重要条件。
http://tw.gigacircle.com/1722914-1
2014-08-23 09:37 | Report Abuse
买股票的人,可以分为三类 (3 types of share investors): http://tw.gigacircle.com/1722787-1
2014-08-23 09:37 | Report Abuse
买股票的人,可以分为三类 (3 types of share investors): http://tw.gigacircle.com/1722787-1
2014-08-23 09:36 | Report Abuse
买股票的人,可以分为三类 (3 types of share investors): http://tw.gigacircle.com/1722787-1
2014-08-22 22:13 | Report Abuse
Sumatec i sold 62c that day before big drop
2014-08-22 21:19 | Report Abuse
Glotec ,pdz , sumatec will have forced selling in mon and tues
2014-08-22 19:18 | Report Abuse
hi guys if u want to sell , please sell. i will buy
2014-08-22 19:10 | Report Abuse
冷眼 分享 - 知彼知己 百战不殆
要在股市投资成功,“知”是一个关键。
在战争中,“知”的程度,是决定胜败的重要条件。
http://tw.gigacircle.com/1722914-1
2014-08-22 18:22 | Report Abuse
On behalf of the Board of Directors of DMB (“Board”), Hong Leong Investment Bank Berhad (“HLIB”) wishes to announce that DMB had on 22 August 2014 entered into two (2) memoranda of agreement with Siem Offshore Rederi AS (“SORA”) for DMB or its nominee company to acquire the following vessels:
a Dynamic Positioning Class 2 (“DP2”) offshore subsea construction vessel known as “Siem Daya 1” for a cash consideration of USD140.0 million (equivalent to approximately RM444.1 million); and
a second DP2 offshore subsea construction vessel known as “Siem Daya 2” for a cash consideration of USD140.0 million (equivalent to approximately RM444.1 million) and an additional USD2.3 million (equivalent to approximately RM7.3 million) for a 50 metric tonnes active heave compensation 3,000 metres crane.
DMB had also agreed with SORA vide a letter dated 22 August 2014 in relation to the additional terms for the purchase of the said vessels.
In addition, on behalf of the Board, HLIB wishes to announce that DMB is undertaking the following proposals:
placement of up to 25% of the issued and paid-up share capital of the Company;
renounceable rights issue of new ordinary shares of RM0.10 each in DMB (“DMB Shares”) together with free detachable warrants to raise gross proceeds of up to RM230,000,000 before the exercise of warrants;
issuance of seven (7)-year redeemable convertible secured bonds of up to RM120,000,000 nominal value; and
increase in the authorised share capital of DMB from RM200,000,000 comprising 2,000,000,000 DMB Shares to RM500,000,000 comprising 5,000,000,000 DMB Shares and the subsequent amendments to the Company’s Memorandum and Articles of Association.
2014-08-22 18:21 | Report Abuse
DAYA MATERIALS BERHAD (“DMB” OR “COMPANY”)
(I) PROPOSED ACQUISITION OF “SIEM DAYA 1”
(II) PROPOSED ACQUISITION OF “SIEM DAYA 2”
(III) PROPOSED PLACEMENT
(IV) PROPOSED RIGHTS ISSUE
(V) PROPOSED BONDS ISSUE
(VI) PROPOSED INCREASE IN AUTHORISED SHARE CAPITAL
(COLLECTIVELY REFERRED TO AS THE “PROPOSALS”)
2014-08-22 18:08 | Report Abuse
冷眼 分享 - 知彼知己 百战不殆
要在股市投资成功,“知”是一个关键。
在战争中,“知”的程度,是决定胜败的重要条件。
http://tw.gigacircle.com/1722914-1
....
2014-08-22 18:07 | Report Abuse
冷眼 分享 - 知彼知己 百战不殆
要在股市投资成功,“知”是一个关键。
在战争中,“知”的程度,是决定胜败的重要条件。
http://tw.gigacircle.com/1722914-1
2014-08-22 13:03 | Report Abuse
三类买股人 http://tw.gigacircle.com/1722787-1
买股票的人,可以分为三类:
第一类:根据谣言或别人的意见而买进;谣言就是不确实的情报。根据不确实的情报出兵,最易全军尽墨。
第二类:根据“感觉”买进,只是直觉上认为有关股票值得投资就买进了,你问他,他也说不出买进的理由。这种情形,就好像一见钟情的男女朋友,就是喜欢对方,却说不出钟情的理由。
第三类:是根据事实作出买进的决定。巴菲特说:“你的决定是正确的,因为你所根据的事实是正确的。”这就是成功投资者的最佳写照。
2014-08-22 11:12 | Report Abuse
三类买股人 http://tw.gigacircle.com/1722787-1
买股票的人,可以分为三类:
第一类:根据谣言或别人的意见而买进;谣言就是不确实的情报。根据不确实的情报出兵,最易全军尽墨。
第二类:根据“感觉”买进,只是直觉上认为有关股票值得投资就买进了,你问他,他也说不出买进的理由。这种情形,就好像一见钟情的男女朋友,就是喜欢对方,却说不出钟情的理由。
第三类:是根据事实作出买进的决定。巴菲特说:“你的决定是正确的,因为你所根据的事实是正确的。”这就是成功投资者的最佳写照。
2014-08-22 10:06 | Report Abuse
Description Notification of Tenth Annual General Meeting (AGM)
Notice is hereby given that the AGM of AT Systematization Berhad (ATS) will be held at Level 4, Menara Lien Hoe, No. 8 Persiaran Tropicana, Tropicana Golf & Country Resort, 47410 Petaling Jaya, Selangor Darul Ehsan on Friday, August 22, 2014 at 10.30 a.m. The full text of the Notice of AGM is attached herewith for your kind attention.
Date of Meeting 22/08/2014
Time 10:30 AM
2014-08-22 09:45 | Report Abuse
hi guys
大家读下这文章吧,从中学习。。
Such interesting article, please read and learn, thanks !
http://tw.gigacircle.com/1722914-1
2014-08-22 09:45 | Report Abuse
大家读下这文章吧,从中学习。。
Such interesting article, please read and learn, thanks !
http://tw.gigacircle.com/1722914-1
2014-08-22 09:27 | Report Abuse
大家读下这文章吧,从中学习。。
http://tw.gigacircle.com/1722914-1
2014-08-22 01:25 | Report Abuse
大家读下这文章吧,从中学习。。
http://tw.gigacircle.com/1722914-1
2014-08-22 01:22 | Report Abuse
Please read this article , good learning
http://tw.gigacircle.com/1722914-1
2014-08-22 01:14 | Report Abuse
Please read this article , good learning
http://tw.gigacircle.com/1722914-1
2014-08-22 01:14 | Report Abuse
Please read this article , good learning
http://tw.gigacircle.com/1722914-1
2014-08-22 01:13 | Report Abuse
Please read this article , good learning
http://tw.gigacircle.com/1722914-1
2014-08-21 22:20 | Report Abuse
the bigger profit will be Q3, will release end of nov 2014
2014-08-21 17:20 | Report Abuse
Please read this article , good learning
http://tw.gigacircle.com/1722914-1
2014-08-21 17:19 | Report Abuse
USA is better than UMA
Please read this article , good learning
http://tw.gigacircle.com/1722914-1
Stock: [IFCAMSC]: IFCA MSC BHD
2014-08-25 21:36 | Report Abuse
Naik lagi besok irregardless of UMA