Post removed.Why?

Ha...ha...ha

Analyst briefing today ended at 1pm. Management guided profit drop in manufacturing segment. Selling pressure emerged after the briefing. i believe this counter will be re-rating again by analyst.

UMA.....

Trial result variance....need to do a large scale trial again.

Commentary of prospects

Palette’s new range of software defined network products have completed successful testing and is awaiting its full live trial & initial purchase. This will be
a breakthrough into an new area of network innovation that will drive a new source of revenue. The iMedic system is in its initial rollout phase and is being
refined further in order to ensure successful commercialisation; this is Palette’s entry into the new arenas of online health care as well as IOT (Internet of
Things). In the IOT arena Palette will be launching an innovative Wifi SDcard product that provides personal cloud storage to supplement the limited
storage on smartphones and the revenue impact is expected to be in Q2 2016

next week will move...

no...still waiting...anyone call the registrar to verify when the cash will be sent?

any new research stating new target price is RM1?

No link...is a whatapps message

China funds is flowing in Malaysia!
This counter is a sure beneficial

UOBKH Retail Market Monitor 24 Nov 2015

Stocks to Watch:
IFCA MSC; technical BUY with +35.6% potential return
Last RM0.975, Target RM1.29, RM1.41; Stop: RM0.84
Timeframe: 2 weeks to 2 months

競優國際料獲重估 將推出實時房產交易平台
2015年11月23日 股市

　（吉隆坡23日訊）競優國際（IFCAMSC，0023，創業板科技）將在12月初正式推介property365.my網絡平台（P365），是國內首個實時（real-time）房產交易平台，成功推出P365和中國市場復甦是該公司的潛在重估因素。

　競優國際以96.5仙開市，休市起4仙報98仙，半日交投達2703萬2700股，為20大熱門股之一。該股閉市掛97.5仙，起3.5仙，成交量3472萬4000股。

　聯昌證券研究稱，競優國際已獲兩家發展商加入價值5億令吉發展總值的新推介項目，並計劃在正式推介P365前將發展總值目標擴大至20億令吉。假設該公司在明年通過P365售出20億令吉發展總值房產，以2%佣金計算，營業額料達4000萬令吉。

更具營銷效益

　如果以淨利賺幅50%至60%計算，可提振淨利約2000萬至2400萬令吉，即改善競優國際2016年每股盈利45%到55%之間。不過，報告未有計算任何源自P365的盈利潛能。

　至于P365平台可協助發展商銷售產品，任何可接觸網絡者都是潛在客戶。同時，線上營銷和廣告宣傳開銷較傳統方式便宜，僅占五分之一且更具營銷效益。

　另外，競優國際第3季的中國銷售額按季起88%，海外銷售對營業額貢獻46%，去年同期僅30%。公司管理層相信，在一兩年時間內中國將成為營業額主要貢獻來源，但不包括P365貢獻。

　聯昌證券研究維持競優國際“增持”評級和1.80令吉目標價，潛在重估因素包括P365推介和中國市場復甦，該股短至中期的技術層面亦正面。

IFCA MSC
China sales recover in 3Q
■ 9MFY15 net profit was in line with our expectations (no consensus). YTD net profit
met 75% of our full-year forecast.
■ China division leads the way, with 3Q15 sales up 88% qoq, compensating for
weaker Malaysia sales. Group unbilled sales as at end-Sep were a healthy RM32m.
■ Company indicated a major breakthrough for the service as a software (SaaS)
domestic division in 3Q15, which is positive news.
■ Maintain Add, potential catalysts are successful launch of property365.my and
recovery of the China market.
9MFY14 net profit up 77%
9MFY15 revenue was up 35% yoy but net profit rose a higher 77%. The higher profit
growth was mainly due to the high operating leverage nature of its business. No interim
DPS was declared, in line with our expectations. 9MFY15 net profit growth would have
been higher if not for the expiry of its MSC Status early this year.
China sales picking up
IFCA’s China division experienced some hiccups in 1H15, as business was affected by
the country’s corruption clampdown and also short-term operational problems. In 3Q15,
revenue was up 88% qoq, an indication that its China operation has recovered.
However, Malaysia’s business post-GST remains disappointing.
Indonesia distribution part of the umbrella now
IFCA has just completed the acquisition of its Indonesia distributor, PT IFCA Consulting
Indonesia (PICA). PICA has a lot of potential. Most of its customers are still on the old
Windows platform and there is potential to upgrade to the mobile platform. In addition,
service as a software (SaaS) should grow faster in Indonesia than in Malaysia. PICA
currently makes around RM4m net profit annually and could be a major winner in 2016.
Bullish about property365.my
We are bullish about IFCA’s new online platform property365.my, slated to be launched
in early Dec. This platform, the first of its kind in Malaysia, will enable all its developer
clients to sell/launch their products online, thus changing the way developers sell their
product launches. We gather that IFCA has already signed some deals with developers
to launch their products on property365.my and we believe that it will be signing more
customers before the launch. We have not assumed any earnings from property365.my.
Maintain Add, target price raised
We maintain our Add call on the stock and our target price rises as we roll it forward to
end-2016, with the valuation basis unchanged at 2017 21x P/E, in line with its peers.
Potential re-rating catalysts include successful take-off of the property.365.my online
sales platform as well as continued sales recovery of the China and domestic markets.
IFCA will be holding its 3Q15 briefing tomorrow morning.

new target from CIMB report is RM1.80 from RM1.32

need more time to show profit grow back to 10 million per quarter, then only share price will have action.

when the quarterly result out....the bottom triangle will be breakout and form a new uptrend.

anyone attend boilermech AGM today?
Can you share the info? like contract on hand ? when is the new factory can be ready for operation? etc..

the company has new products to market. Its brand is Naturell Oak Cookies.

I observe there is some fund buying...suspect M&A going on in this counter.

sron97g: can you post the research paper in pdf form? thanks

Thanks KcChong in depth knowledge sharing. I totally agree with your analysis. I prefer Gtronics.

something is not right i personally think because sell down with big volume. This is not a normal style of the operator. The company CFO with sudden resigned has cause many speculation and uncertainty in the company.

The share price will only be stabilized when the company spokesperson to clarify the uncertainty of the company. The price movement has largely affected by the trading emotion of the investors at the moment.

Please monitor the share yourself and trade caution. I am just sharing my own personal view and is not a call to sell or buy. Thanks

price correction should be finished. Wave 4 is forming... More good news on the way. Bargain hunting expected next week.
Have a nice weekday folks~

IFCA has a good business model in the industry. The company can continuous growing. Just be patience...another MYEG is making.

The company need to maintain share price to calculate the issue price for the shares in the M&A exercise. Therefore, the share price will be supported in these few days

good news are coming...

The Board of Directors of IFCA wishes to announce that the Company has entered into a Heads of Agreement (“HOA”) with PICI on 20 May 2015 to acquire the business of PICI namely its goodwill, receivables and all of the rights of PICI under the contracts for its business for an indicative purchase consideration of RM32 million or its equivalent in IDR, of which 50% is to be satisfied in cash and 50% is to be satisfied via the issuance of new ordinary shares of RM0.10 each in IFCA (“Consideration Share(s)”) (“Proposed Transaction”). The issue price of the Consideration Shares will be determined later based on the five (5)-day volume weighted average market price of IFCA shares prior to the execution of a business sale agreement.

PICI is principally engaged in the provision of turnkey business solutions. PICI mainly distributes IFCA’s computer software to the property sector in Indonesia. PICI was incorporated as a private limited company on 28 March 1995 under the present name. It has an authorised share capital of Indonesian Rupiah 330,750,000 comprising 150,000 ordinary shares, all of which are issued and credited as fully paid-up.

The Proposed Transaction is conditional upon, inter alia:

the completion of a due diligence exercise in relation to the business of the PICI and any issues/conditions arising thereof to be rectified/fulfilled by PICI;
the approval of the shareholders of PICI and the Company in a general meeting to be convened for the Proposed Transaction, being obtained by PICI and the Company respectively;
execution of the assignment agreement and the transfer agreement; and
the approval of the relevant regulatory authorities in Malaysia and Indonesia, if required.
The purpose of the HOA is intended to record the indicative intentions of both parties in relation to the Proposed Acquisition and the HOA is not exhaustive and is not intended to be legally binding save for certain obligations set out under the HOA.

A detailed announcement on the Proposed Transaction will be made upon the execution of the business sale agreement.

The HOA may be inspected at the registered office at 24B, Persiaran Zaaba, Taman Tun Dr. Ismail, 60000 Kuala Lumpur during normal business hours from Mondays to Fridays (except public holidays) for a period of three (3) months from the date of this announcement.

This announcement is dated 20 May 2015.

New contract will be awarded soon. Check this out
http://www.thesundaily.my/news/1424106

then the profit is within expectation.

earning not that good?

Good news ahead with good result coming~

back to fundamental if you do not know which direction is going !

One of the 50 fastest growing smallcap published at Focus Malaysia

One of the 50 fastest growing smallcap published at Focus Malaysia

show time...

next week show time...

20 + million shares

tomorrow rebound

Mr. Lim in action~~

Mr. Lim bought again.

Bright prospect ahead. Will test new high after digest selling from ex-director.

finally is boilerm turn to move up

where is the new cimb report?

Yes....good show coming.

M&A acquisition?

Alpha Trader, why it will surge in 5 days?

Thanks KC53 and k8118k for sharing the info.

KC53: can you share AffinHwang TP=1.90 report? Thanks

Systech's wholly owned subsidiary mobysys, becoming the sole Malaysian company making it into the list of the top 500 fastest-growing technology companies in the Asia-Pacific last year ranked by Deloitte Touche Tohmatsu Ltd in 2014. Mobysys was ranked 57th for chalking up 624% revenue growth over the same period.

Systech is a high growth technology stock in ACE market. Keep an eye for its future growth!

The owner is KAYA........sooner or later...join the richest people list in Malaysia. For example KSL owner, become top 50 list.