Solidcross, what is DSAI?

Thanks Newbiehere, it is confirm 17 Feb 2015 for 2nd quarter results. That means just have stand for another 6 market days only. I hope it will be a big ang pau report.

http://www.klse.my/stock/result/qr/quarter/0023.jsp

Newbiehere, can you give us the link. Our date is based on the above link.

Red again. But got to wait till final quarter results. Hovering between 1.20 - 1.30 until 27.02.2015 is okay.

Wah! Everyone is selling for CNY. I am still holding.

Can't believe it that only 3900 unit transacted in the morning session on Monday. Please wake up, giant jewel of Sarawak.

Every bid there are over 10,000 lots queuing to sell. We should be grateful if it could close at 1.29 today.

Red already.

Focus Malaysia megazine (Jan 31 - Feb 6) listed CMSB as one of the 40 undervalued stocks.

There are still 12 market days to the 4th quarter results (on 26.02.2015) and to test the previous high of RM4.70. So each day it must go up by 5 sen.

There are still 13 market days to the 4th quarter results and only 20 sen left to the TP of 1.48. I think there is a possibility of a revised TP very soon. If not, how to become the second Inari.
IFCA MSC - Just starting on its growth path. Now it is just the 'starting' of a long journey of growth path.

Why this year Sarawak counters NAIM, HSL, SCABLE, CMSB, DAYANG, PMETAL all so dead? Sarawak election is early 2016. Still no movement.

Bought some at 4.09. Why can't this counter perform like before bonus/split issues? Just hope that it can rebound a bit on 26 February 2015.

Kak Rosmah Mansur, Break 3.50 --> see u at 3.23,
Macam mana anggar akan jatuh teruk sampai 3.23? Jatuh lagi 24 sen daripada harga tutup hari ini (3.47).

What is the main reason for today's selldown? Mongolia Solar Venture or serious correction?

http://www.theedgemarkets.com/my/article/vs-industry-buys-associate-stake-hk-firm-diversifies-solar-energy

Norwegian pension fund asked to divest from CMS due to corruption.

It is quite disturbing reading this news.

Gembira melihat Kak Rosmah Mansur membeli semula VS pada paras harga ini (lebih kurang RM3.60).

Another magic for the second day. It closed gap up at RM3.65. And now DJ futures is in green.

And the last 15 minutes, all RM1.20 all eaten up already.

Unbelievable today can close at RM1.20 despite the extremely heavy profit taking pressure. And now DJ futures is in green.

Selling pressure is getting more towards the closing of today.

Just hope that it can manage to close at 1.19 today and somehow DJ can be green tonight. So that can gap up to pass through 1.20 tomorrow.

Acquisition of shares

http://www.bursamalaysia.com/market/listed-companies/company-announcements/1868489

Normally when directors are acquiring back their own company shares, it is a positive sign that there is a major uptrend.

http://klse.i3investor.com/blogs/rhb/69798.jsp

Please note that a new target price of RM4.66 has been issued by RHB Research.

http://www.theedgemarkets.com/my/article/ifca-enjoy-short-term-boost-gst-software-upgrades

The Edge continues to highlight the vast potential of IFCAMSC.

Consolidation four 4 days already. When is it going to recover?

Just wondering when are they going to propose the bonus issues and free warrants? The speculation has been going on for some time.

How nice if the major road block at 1.20 can be swallowed by institutional investors.

ANWF: http://www.klse.my/stock/result/qr/quarter/0023.jsp

4th quarter results on 27 February 2015.

http://klse.i3investor.com/blogs/cimbresearchklse/69725.jsp

It is officially announced by CIMB Research that the new target price is now revised upwards to RM1.48. Hope that tomorrow it can get nearer to 1.20. Anyway both oil and DJ futures are now red.

k8118k http://research.itradecimb.com/index.php?ch=5013&pg=5014&ac=74464&bb=file

Pujut: Just starting on its growth path

We gather from our meeting with the fund managers and the company,
outlook for IFCA this year remains bullish. To grow its recurring
income, the company is studying software as a service (SaaS),
targeting the smaller property developers. China offers huge growth
potential for the company.

We raise our FY14-16 EPS by 16-46%to reflect stronger top-line growth.
Our higher target price is based on an unchanged 21x 2016 P/E (in line with
domestic peers). The stock remains an Add with potential catalysts such as
strong earnings growth outlook, higher-than-expected China sales and
move to the Main Board in 2015.

GST boost in 2015
To better understand the company, we recently arranged a meeting
between IFCA and a small group of fund managers. IFCA’s earnings
growth outlook will be driven by three factors: i) GST software upgrade, ii)
China, and iii) migration to mobile-based platform. In 2015, IFCA should see a short-term boost from GST software upgrades. The company estimates RM50m-60m potential GST
upgrades work (RM15m revenue was likely completed in 2014).

China is huge
China has 46,000 property companies and IFCA has just slightly over 100
customers in this country. Unlike Malaysia developers who purchase the
whole software packages, China developers usually only buy one
software module at a time. So far, IFCA has only sold 2-3 modules out of
the 13 modules offered by the company, an indication of the
potential of China’s market.

Migration to mobile platform
IFCA currently has around 1,400 customers in Malaysia and we
understand only around 50 companies have moved from the
Windows platform to its new mobile app-based platform. Average software
cost for the mobile-based platform is around RM1m. If history is any
indication, it could take IFCA’s customers 5-7 years to completely
move to the mobile-based platform.

Growing its recurring
income?
IFCA is looking to grow its recurring income. One way is through software
as a service (SaaS), targeting the smaller property companies.
Management is studying the possibility of “renting” its software
online (using cloud) and subscription could be based on a monthly or
annual basis. We have not assumed any potential earnings from SaaS.
IFCA’s 9MFY14 maintenance revenue was RM14.3m, 25% of the Group’s
9MFY14 RM58m revenue............

VALUATION AND RECOMMENDATION

Up more than 100% since Oct
Since Oct 2014, IFCA’s share price has done very well, rising more than 100%
over the period. 2015 should be another good year for the company. IFCA is a
beneficiary of the GST. It is also not affected by the weak ringgit and likely
slower consumer demand ahead of the Apr 2014 GST implementation.

Target Main Board listing in 2015?
IFCA stands a good chance of meeting the financial track record of cumulative
RM20m net profit over three years in 2014. This is the condition needed to seek
a transfer to the Main Board. IFCA’s 9MFY14 net profit was RM11.9m and after
adding in FY12/13’s net profit, its cumulative 3-year net profit (excluding 4Q4)
was already RM17.1m. In 3Q14, IFCA recorded a RM8.5m net profit and we
believe 4Q14’s net profit could be as good as 3Q14’s, if not better. If all goes well,
the company hopes to transfer to the Main Board in 2015, one year earlier than
scheduled.

Dividend policy soon?
IFCA indicated that it is looking to set up a dividend policy soon. This is not
surprising in view of its strong net cash balance sheet and limited capex
spending. We believe dividend payout could be at least 20%. We have only
assumed a conservative 20% net dividend payout ratio in our forecast.

Maintain Add, target price raised
We raise our FY14-16 EPS by 16-46% to reflect expected stronger revenue
growth. Our target price also rises, based on an unchanged 21x 2016 P/E (in
line with domestic peers). The stock remains an Add with potential catalysts
that include strong earnings growth outlook, higher-than-expected China sales
and the move to the Main Board in 2015.

......some report from cimb on 30/01/2015.....:)

I think that target price of RM1.48 is for internal circulation among CIMB Securities clients only. It is not an official publication among all investors. Alpha Trader once said the CIMB internal TP could be > RM2.00. We still need to study the 4th quarter results.

Dear old timers, may I know US interest rate hike scare is just a one day affair or long term effect? Please share your experience. I have not experience of a US interest hike before. I only know it is bad for share market but for 1 day or for very-very long?

“However, we take the comfort in the fact that Maybank’s exposure to 1MDB is guaranteed by the government of Abu Dhabi. Furthermore, the loans would be settled if the 1MDB IPO is successfully implemented this year. Hence, we do not see a high likelihood of full impairment for the loans,” it said.

The state-owned investment company (1MDB) needed more time to repay the debt as it was still in discussions with billionaire T. Ananda Krishnan, Malaysia's second richest person, they said.

Ananda may excercise an option, granted when he sold energy assets to 1MDB in 2012, to buy part of the Edra Global Energy Bhd unit, the people said.

Malaysia's central bank held its key interest rate steady at 3.25 percent on Wednesday, as expected, saying inflation was expected to be lower than forecast and the economy remained on a steady growth path despite sharply lower commodity prices.

Is it good for banks or bad for banks?

Banking stocks fell amid concerns Singapore's move to ease monetary policy might prompt regional central banks to do the same.

http://www.klse.my/stock/result/qr/quarter/2852.jsp

Waiting for 4th quarter results to be announced on 26 February 2015. It should be the first catalyst for this year.

Why drop so much today?

The rally paused already. Hope it will continue at 2.30 pm.

Is a mini rally coming now?

Tomorrow 29.01.2015 will have technical rebound after Dow Jones crash yesterday.

We initiate coverage on POHUAT with target price of RM2.62 , based on 9 x CY15 earnings. Given the upside of 40.9%, we recommend a BUY call on POHUAT.

TA Research

Poh Huat Resources Bhd (fundamental 2.4, valuation 2.1) upbeat on prospects, eyes higher margin, thanks to the improvement in the US economy, which accounts 65% of its total sales. Its financial year ended Oct 31, 2014 , Pohuat net profit rose 41.9%. The target price is RM2.62 based on 9 X CY15 earnings, i.e. 29.1 X 9 = 2.62.

Unbelievable performance today, similar to Pestech last time. I speculate bonus issues and free warrants are coming.

Haiz..... Systech (which I don't own) is performing better than the taiko IFCAMSC. Please wake up faster, big giant.

Jackie88 Hi , I'm new here, May i know next week will increase to RM1.30?
I think impossible.

Jackie88: Possible will drop to 0.920?
Definitely impossible. During UMA lowest was 0.955.

Those who busy selling today will regret one month time from now.

27 Feb 2015 not 27 Jan 2015 - 4th quarter results