I have started to relook at this counter with some keen interest to nibble.
33 sen seems a good entry point. Operator was trying to press down share price to 33 sen last Friday, but ended up at 33.5 sen as selling was seen to have almost dried up.
To counter any downside risk arising from deterioration on US trade war risk, we need to stand by spare fund to top up in tranches should price go down any further.
It closed at 32 sen, finally drifting below 32.5 sen, a key support price, due to bad mkt sentiments.
This could signal a potentially lower price to come, by operator's price action. My advice is if you do not have strong holding power, pls do not touch this counter yet.
are u sure ifca fully involved in GST business? once the GST is repealed and back to SST, do their existing clients require their service to adjust their system? i believe ifca got other products such as property system, hr system, accounting system and their recent collaboration with google as well...
there would be huge service revenue to convert existing gst module from the existing IFCA system sold to SST operational. As ifca has a relatively big market share in installation, this can be lucrative for the company. cheers
A lot of pp only know it went up a lot to about RM 1.8. But few realise that it also drops so much from RM 1.8 to the current price now. So, all GST pros have been largely discounted by now.
Haha....
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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 > 2018-03-13 10:32 | Report Abuse
IFCA is hopeless share... Sell before TOO lAtE.