IFCA MSC BHD

KLSE (MYR): IFCAMSC (0023)

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Last Price

0.595

Today's Change

+0.025 (4.39%)

Day's Change

0.575 - 0.61

Trading Volume

4,626,600


61 people like this.

53,151 comment(s). Last comment by NRahmat 11 hours ago

moniekj

1,037 posts

Posted by moniekj > 2019-04-10 09:04 | Report Abuse

Record earning but sell down to 0.405...Bad

Better go shopping at Parkson

thinkfirst

3,146 posts

Posted by thinkfirst > 2019-04-10 09:15 | Report Abuse

U turn soon

Octopus

549 posts

Posted by Octopus > 2019-04-10 09:50 | Report Abuse

parkson is another shit...

Octopus

549 posts

Posted by Octopus > 2019-04-10 09:51 | Report Abuse

this counter is tend to going back to 0.25

KSL5242

170 posts

Posted by KSL5242 > 2019-04-10 09:58 | Report Abuse

Picked cheap stock

Posted by Hunter 88 Hunter 88 > 2019-04-10 10:13 | Report Abuse

U turn up soon.

Tva17

93 posts

Posted by Tva17 > 2019-04-10 10:23 | Report Abuse

Why need to drop again?

matthew

515 posts

Posted by matthew > 2019-04-10 10:27 | Report Abuse

why everyday drop drop drop....pls power sikit

KSL5242

170 posts

Posted by KSL5242 > 2019-04-10 10:41 | Report Abuse

Please be faith and confident for this counter to go above rm1

Tva17

93 posts

Posted by Tva17 > 2019-04-10 10:52 | Report Abuse

TP RM1 hmmm but everyday keep dropping

moniekj

1,037 posts

Posted by moniekj > 2019-04-10 10:57 | Report Abuse

Big players unloading at 0.41

KSL5242

170 posts

Posted by KSL5242 > 2019-04-10 11:29 | Report Abuse

My view is big player unloading but banker is collecting...big support

Superb99

6,603 posts

Posted by Superb99 > 2019-04-10 13:25 | Report Abuse

Keep breaking support, below 40 cents this morning

arv18

2,662 posts

Posted by arv18 > 2019-04-10 13:50 | Report Abuse

I still can't believe I made some decent profit from this one.

KSL5242

170 posts

Posted by KSL5242 > 2019-04-10 14:44 | Report Abuse

Will go greentoday

matthew

515 posts

Posted by matthew > 2019-04-10 16:30 | Report Abuse

green green green

Posted by Hunter 88 Hunter 88 > 2019-04-10 17:20 | Report Abuse

Jack Hammer...ready up trend next week.

Ziko Ro

1,186 posts

Posted by Ziko Ro > 2019-04-10 17:37 | Report Abuse

Ksl5252, u are correct somebody is disposing and colected by fund. U can monitoring buy/sell momentum in big volume.

Ziko Ro

1,186 posts

Posted by Ziko Ro > 2019-04-10 17:49 | Report Abuse

If fund dont collect back the price surely now below 40 after lowest 39.5 in the morning and climbing back to normal close price.

yongmin

29 posts

Posted by yongmin > 2019-04-10 18:44 | Report Abuse

what means

KSL5242

170 posts

Posted by KSL5242 > 2019-04-10 20:15 | Report Abuse

the beginning of today is a trick to press down the stock price and create panicked selling, however this counter show strong support and it is believed that just a small group of contra player sell it at 0.405 and goes before to 0.415 before closing. next wave for this share is coming very soon,

ran777rpt

2,945 posts

Posted by ran777rpt > 2019-04-10 20:23 | Report Abuse

Wah, this fellows are terible lah. Real wayang to con ikan bilis. I feel sorry for contra guys.

Stanley8

203 posts

Posted by Stanley8 > 2019-04-11 00:22 | Report Abuse

IFCAMSC = BUY calls, Profit margin is alright 30.% . While Revenue of the company keeps increase from local and overseas operations. Cost of operating low, make the liability ratio only 18% for the company. Strong cash flow and NTA.. I would say it is stable and potential company for bright future. TP 0.88cents

melvintcs

505 posts

Posted by melvintcs > 2019-04-11 00:24 | Report Abuse

y drop everyday

Stanley8

203 posts

Posted by Stanley8 > 2019-04-11 00:29 | Report Abuse

Kuala Lumpur (April 10): Islamic banks and financiers must invest heavily in technology to change the way they conduct banking services and spread their products more effectively.
Prime Minister Mahathir said that the application of smart technology in the financial industry - financial technology (financial technology) - has had a positive impact on the industry as well as mobile payments, remittances, loans and other industries. Fundraising and asset management.

Stanley8

203 posts

Posted by Stanley8 > 2019-04-11 00:30 | Report Abuse

Financial technology leverages the latest technologies in the Internet, mobile devices, social media integration, big data analytics and artificial intelligence to make financial transactions more automated, user-friendly and more convenient, thus providing (providing) a superior customer experience.
Although it was considered at a very early stage, financial technology has also penetrated into the Islamic finance sector.
However, the potential damage to traditional Islamic finance should not be underestimated. The destruction can work in both directions, he said at the 15th meeting of the 15th Kuala Lumpur Islamic Finance Forum here today.

Posted by adamwarlock > 2019-04-11 08:34 | Report Abuse

INSIDER NEWS. ifca china recorded poor q1 result. exit before too late.

Posted by adamwarlock > 2019-04-11 08:35 | Report Abuse

THE operator will pump and dump before result announce. good luck guys....

KSL5242

170 posts

Posted by KSL5242 > 2019-04-11 10:24 | Report Abuse

The collecting process is still on going and rolling...new highest price is coming soon

Ziko Ro

1,186 posts

Posted by Ziko Ro > 2019-04-11 10:34 | Report Abuse

Rolling stones begin !!

Posted by Hunter 88 Hunter 88 > 2019-04-11 10:37 | Report Abuse

Hehehe.come come.....

Ziko Ro

1,186 posts

Posted by Ziko Ro > 2019-04-11 10:41 | Report Abuse

Check their Profit and PE are rising every QR starting last year.

ran777rpt

2,945 posts

Posted by ran777rpt > 2019-04-11 10:58 | Report Abuse

Buying rate stands at 96%, who is buying?

dmksn

686 posts

Posted by dmksn > 2019-04-11 17:14 | Report Abuse

uptrend signal confirmed. $$$

Ziko Ro

1,186 posts

Posted by Ziko Ro > 2019-04-11 18:06 | Report Abuse

Good support ! If KLCI didnt tumble 15 point maybe can go higher.

Tva17

93 posts

Posted by Tva17 > 2019-04-12 12:14 | Report Abuse

Hmm not moving up today

東风

75 posts

Posted by 東风 > 2019-04-12 12:19 | Report Abuse

No power

Tva17

93 posts

Posted by Tva17 > 2019-04-12 14:40 | Report Abuse

Market is green but its start to drop pula

KSL5242

170 posts

Posted by KSL5242 > 2019-04-12 15:16 | Report Abuse

Opportunity to grab more

dmksn

686 posts

Posted by dmksn > 2019-04-12 15:45 | Report Abuse

Hold your ticket, don't sell to those sharks at 0.400 - 0.415

thinkfirst

3,146 posts

Posted by thinkfirst > 2019-04-12 16:02 | Report Abuse

Hold.

Superb99

6,603 posts

Posted by Superb99 > 2019-04-12 16:24 | Report Abuse

down again

Superb99

6,603 posts

Posted by Superb99 > 2019-04-12 16:59 | Report Abuse

still uptrend but need more momentum to go up but quite difficult to just a sideway counter, that day dropped below 0.41 then up to 0.435 again, someone is playing around this counter, just matter of time

KSL5242

170 posts

Posted by KSL5242 > 2019-04-12 17:21 | Report Abuse

Next qr result is critical to determine whether it can have a good y2019 and goes back to rm1

Ziko Ro

1,186 posts

Posted by Ziko Ro > 2019-04-12 21:11 | Report Abuse

From past 3 week this counter hanging around 41.5 to 44.5. Somebody is collecting to stuck contra players to get higher price. Next momentum will be coming.

Posted by Crash123456buil > 2019-04-13 10:17 | Report Abuse

Will go back 2003, rm1.60

ran777rpt

2,945 posts

Posted by ran777rpt > 2019-04-15 09:58 | Report Abuse

IFCA banks on SME market growth to outdo FY18’s performance

By Justin Lim | 2019-04-15 09:04:10
KUALA LUMPUR: IFCA MSC Bhd, which recorded a 25% jump in net profit in its financial year ended Dec 31, 2018 (FY18), anticipates another double-digit growth in earnings for its FY19, supported by an expected growth in subscriptions for its business solutions, especially the small and medium enterprise (SME) segment.

The group’s FY18 earnings were lifted following a 142% surge in net profit to RM9.02 million in the final quarter of FY18, from RM3.73 million a year ago, as revenue climbed 27% to RM33.02 million from RM25.94 million.

This lifted FY18’s net profit to RM12.08 million from RM9.66 million in FY17. Revenue was up 6% to RM93.98 million from RM88.29 million previously.

IFCA’s chief executive officer Michael Cho Ngai Ming, in an interview with The Edge Financial Daily last week, said the group’s traditional strength has been in the enterprise segment, where it caters to the larger businesses of vertical markets it serves, like property, construction, and hospitality, and has developed proven and trusted products.

IFCA’s next focus is to leverage on its market experience in the enterprise segment to further tap the SME market, which has a much larger volume of potential customers, and which will allow the company to accelerate the growth of its customer base, Cho said.

He said the growth in the SME market will be backed by new products that offer competitive and affordable subscription pricing, with cloud and mobility features that empowers multi-tasking and business on the go, which allow quick adoption.

“Look at where we are today in terms of revenue. In the next three to five years, if we manage to capture 5% or 10% of this [SME] market, the revenue would be quite wild,” Cho added.

IFCA will also be launching several new mobile-based solutions under its Software as a Service or SaaS segment, where SMES will be able to subscribe to the solutions and simply pay as they use for them. The new rollouts are Hotel X, HR365 and Contract365, which cater to the areas of hospitality, human resources and payroll, and construction, respectively.

The products’ simple features, always-on-cloud infrastructure and their focus on mobile will allow SME users to multi-task and conduct their businesses on the go, Cho said. They are also affordably priced to enable quick adoption to help SMEs quickly adopt to digital transformation to be more competitive.

Cho expects the move to start bearing fruit by the fourth quarter of this year, given that the investment in the new modules is not too hefty and that the products can be easily scaled to different customers for further market expansion, even for overseas customers.

Asked if there is a possibility IFCA could repeat its stellar FY15 performance when it recorded a record net profit of RM21.6 million on the back of a RM101.62 million revenue thanks to the implementation of the goods and services tax, Cho said: “It is highly possible.”

But this depends on how well its plans are executed, and whether there are increasing headwinds from external risks, like whether US and China can come to a trade deal, which may impact the group’s performance as it has operations in both countries.

Since the bumper net profit it saw in FY15, IFCA’s net profit fell to RM518,000 in FY16 due to weak property market conditions, before rebounding to RM9.67 million in FY17 and then RM12.08 million in FY18.

Meanwhile, the group intends to transfer its listing from the ACE Market to the Main Market of Bursa Malaysia in the next 12 to 18 months.

The group said it has met the profit-after-tax (PAT) requirement of at least RM20 million in aggregate over the past three to five financial years, with a minimum of RM6 million PAT in the latest financial year.

Cho believes the transfer will raise the group’s profile and garner better investor interest.

Last Friday, IFCA’s shares fell a sen or 2.35% to close at 41.5 sen, giving it a market valuation of RM251.91 million.

Year-to-date, the stock has jumped 107.5% from when it was trading at 20 sen apiece.

KSL5242

170 posts

Posted by KSL5242 > 2019-04-15 13:53 | Report Abuse

With the result and company direction to main market....the possibility and chances to go back to rm1 is not a dream

UnicornP

2,849 posts

Posted by UnicornP > 2019-04-15 16:04 | Report Abuse

Why Ifca not crashing??

SCT80

672 posts

Posted by SCT80 > 2019-04-16 09:18 | Report Abuse

WHEN CAN FLY SHOW

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