Trader .There is no class A and class B. IFCA is the first to be certified for its GST property software and the price ranges from RM 500k to millions! Compared to those selling generic software not seri fixed by Customs selling for about RM 1500 to RM2000.
This year will be a bumper for all GST software companies especially IFCA which monopolizes the property sector.

Madiba, this is a serious accusation against RHB and FOCUS. Hope you are right coz otherwise they may take action against you for defamation.

My 2sen guess is that FOCUS jumped the gun and Mpay has no choice but to deny the story. But if you read carefully the announcement, Mpay has not said it did not win the TRS project, nor did Customs confirm they did not win it.
They merely said that they are not aware of of the award. Very true, so long as they have not received the Letter of Award.

Interesting to see come Monday, there may be real buyers or insiders who are aware of the real situation to mop up the shares.
There are many out there waiting for a really cheap bargain to buy the shares....

IFCA Q3 results should be on 20 August . Expected to see some very good results than previous Q and yr on yr.

Guys. Tomorrow there will be a GST conference in KL. hope that will spur IFCA to greater heights!

Sorry guys! MPAY has denied knowledge of the TRS award. Latest announcement.

The magazine just hit the stalls.. Fresh from print!

Can't. Google or buy the hard copy

Congratulations Mpayians!! FOCUS today broke the news MPAY bags the prestigious Tourist Refund Scheme!! Last chance to buy!!

New investor coming in!!! Got strong romour TSHS !! BIG VOLUME!!

Forumers, don't be too bullish... When correction comes , IT COMES!!

remember Cybertowers ? Dropped from high of RM 2 to 35s in 2 weeks...
DSC Sloution dropped from high of 41s to 10 s in 1 week.
Etitech from 16s to 7s in 1 week plus!
And many more!
Trade with caution! There are plenty who hv not taken profits and may sell and clear position tomorrow! Selling may trigger a herd reaction. Better wait for price to stabilize...

Kheng ....NZ is down south la... Not north. IFCA made u blur blur?? Haha

Who will sell on Monday?

1. Those who bought at the high on Wednesday
2. Those who shorted, sold and bought back at around 27.5s
3. Those contra players coz mon is T3 (wed)
4. Those who bought on way down today
5. Those who sold and bought back today
6 Those who bought very low but yet to sell and take profit
7. Weak contra players cutting losses

Looking at the volume last 3 days, the players will rush to sell come Monday.

Coupled with the Argentina default, markets do look shaky.

The BIG sell down
N and correction will be Mon and Tues. I totally agree....will break 20s.

Bear in mind... Week on week it will close unchanged if closes at 23.5s. Whereas index hv dropped more than 15 points. The REAL correction starts today. Beware!!

M talking about max retracement in short term

Mother will drop someone . Think will break 20s. Towards 15s.. 50% retraction...

More steep correction coming!!! Beware!!

Be care ful. Argentina defaulted. Emerging markets may be affected. Remember the horrific 1997 financial crisis? Everyone thought it was nothing but our index dropped from 900 points to 250 points! Everyone wiped out! All eyes on Wall St tonite!

Tomorrow will be lower...

Be careful... Possible another steep correction coming.... Be alert!

Mother is a MILF, so hungry la..... Kikiki

Buy mother share. Real laggard!!

SUMATEC tomorrow will rebound!! Retest 43s

Yes....gone with the wind....

It will be GST! GST! GST! all the way till 1April next year!

News today... Only 2% of businesses have registered to date for GST. Big potential for IFCA to increase revenue by at least 3 fold this year!!!

All businesses and organizations must register for GST by 31 DECEMBER 2014!... Customs

Conservatively, IFCA revenue this year should be around Rm 100 M to 150 M

Bernama latest....Deputy FinanceMinister says GST will give govt RM3 Billion in first year of implementation. ..(9months)

Possible good announcement soon?

Just technical rebound. No volume.

IFCA strength also in hospitality sector. Eg. hotels, resorts

Investors are chasing IFCA shares becoz they see prospects and value in the upgrading of the clients software to GST compliance. To date RM53M I billed sales.. Full year?...surpassing RM 10OM easily. The rally is to factor in the future and expected earnings.... At 21.5s, it is still cheap. Trade at own risk..

If the mother surges the warrant will follow, simple reason the conversion is only 10s. As of today, mother is 21.5s the warrant 16s + 10s= 26s. Small premium only.

TRS announcement this week

Looks like something big? Alpha jacket...said takeov

Expect brisk GST compliant software sales between now and year end!!

Steady Demand For GST-Compliant Software

By Nurul Hanis Izmir

KUALA LUMPUR, July 20 (Bernama) -- Despite the general lack of awareness over the Goods and Services Tax (GST) among firms especially small and medium enterprises, there has been steady demand for GST-compliant software, said OBM Software Sdn Bhd.

Software Consultant, Jaslyn Wong, said so far the MSC-Status company specialising in business software and financial accounting system received up to 100 companies purchasing its OBM Financial System for GST Solution.

"Since receiving the approval from the Royal Malaysian Customs Department in March this year, we have been receiving quite a number of clients from various industries beginning May," she told Bernama on the sidelines of National GST Conference 2014 organised by Bernama, the Malaysian National News Agency and Tax Advisory and Management Services Sdn Bhd (TAMS).

Wong said the company has developed four packages for the GST financial software: small business, professional, enterprise and enterprise premium, ranging from RM4,000 onwards.

She said the company encouraged their clients to purchase the software using the government's e-voucher subsidy programme.

The government had earlier announced that early businesses which have registered their companies would be given a RM1,000 E-Voucher subsidy to purchase the GST-compliant accounting software from 55 suppliers who have been certified by the Royal Malaysian Customs Department.

"Looking at the business right now, we are hoping to double or triple our sales as compared to last year," she said, adding that the company also received some demand by companies to work out customised software for them.

Wong however expressed dismay that there were still some companies out there which refused to prepare their companies with GST-compliant software as they were hoping the government would postpone the implementation of the new tax.

The SME Association had reportedly asked the government to extend the grace period for full implementation of the GST to three years as more than 80 per cent of the SME entrepreneurs did not know or understand the new tax.

However, the government has said that the GST would be implemented as scheduled on April 1, 2015.

Urging them not to wait, TAMS Executive Director Yong Poh Chye said SMEs should take the government's announcement on GST replacing the current sales and services tax (SST) seriously as it will kick-off on April 1, next year.

Yong said that Parliament has approved the GST act and it has now become law.

"This proved that the government is serious with implementation on April 1, 2015, therefore the local companies whose turnover exceeds RM500,000 must register under the GST regime and prepare themselves with GST compliant software," he said.

Yong said although the government now was in its first phase (from July until September) of the implementation whereby it would provide awareness campaign and training to the businesses, it also urged them to make an effort to make early preparations to avoid problems come April 1, 2015.

The second phase, as mentioned by Yong during his presentation at the recent two-day GST conference, would be from October until December. The companies are supposed to get their businesses a GST-compliant financial system during that three-month period.

"The third phase would be in the first three months of 2015 where we run the GST trial before it really kicks off on April 1," he added.

"Come April 1, 2015, GST will replace SST with a six per cent rate to be imposed on certain goods and services but not on essential goods namely such as processed meat, cooking oil, sugar and essential services like electricity, education, healthcare, toll, financial transactions and life insurance," he added....BERNAMA

Just responding to alpha jack previous page.... Nothing serious...

Datasonic to buy a stake??

Please read this weeks The Edge Weekly. Page 19 for full story...

The CEO already said... From 50k to millions!

That's why IFCA GST software is in demand!! it's very complicated especially for Property sector. Sabah property players also aplenty! Looks like IFCA is tai ko for property GST in East Malaysia too!

If 300 of 1000 customers sign up, at say RM 500,000 each, = RM 150 Million!! Excluding maintenance contracts,... Wow! Bumper year for IFCA!!

GST will be in the news till next year!! Plenty of business potential! GST co make $$$$$

Tornado= Bodo.....look at IFCA!

New bumi investor coming??

GST! GST! GST! IFCA! IFCA! IFCA!

Latest on IFCA

1. IFCA earnings visibility for next 2 years
2. Existing order book of RM 53 M and rising
3.only 40 to 50 of its near 1000 clients have signed for software upgrading
4. About 70% of locally listed property developers are IFCA customers
5.value of company's software ranges from RM 50k to Millions
6. IFCA is debt free
7. Cashpile of RM 28.38M as at 31.3.2014
8. Next 5yr goal is to be upgraded to Main Market.........

.......The Edge Weekly July 14 2014

A GIANT in the making! .

IFCA YES, NOVA NO.

Cheapest Custom certified GST co.... Big jump in profits n revenue this year!!