Comparison with Immediate Preceding Quarter’s Results
The Group reported a revenue of RM19.3 million for current quarter as compared to RM21.6 million in the immediate preceding quarter primarily due to LESS BUSINESS dAY in Quarter 1.
The Group reported revenue of RM19.3 million for the current quarter, representing an increase of RM1.6 million or 9.1% as compared to previous year’s corresponding quarter. The higher revenue is attributed to sales contribution from overseas segment.
The Board is cautiously optimistic that the Malaysia businesses will improve in 2017 as there are signs of recovery in the Property Industry. Business units like HR software and Property 365 has gained good traction and expected to contribute positively. The Board also expect our businesses in China and Indonesia to continue to grow and contribute significantly.
The maintenance revenue segment is expected to achieve strong growth from RM 27.0 million recorded in FY2016.
The Group strategic intent is to increase market share by improving market coverage and widening its product and services offering. The Board is optimistic that 2017 would deliver better performance than the previous year.
As at 31 March 2017, the Group has unbilled orders in hand amounting to RM23.78 million.
based on latest quarterly result (EPS of 0.27c), and assuming the next 3 quarters to be 0.3c each, it will bring their total EPS to about 1.2c. Giving it a fair PE of 15x to 20x, the fair value should be in the range of 18c to 24c.
Ifcamsc qtr result was better than many up n coming tech stocks but its stock price is much lower than those listed in bursa. I think no harm holding ifcamsc for long term , surely one day , it can perform better ....
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
bunuhsateman
816 posts
Posted by bunuhsateman > 2017-05-26 10:44 | Report Abuse
rubbish share , rubbish QR .. hopeless !!!