IF will be bullish from now onwards as you can see the management bought back it own shares at 0.45. This may be implied by them that their shares is currently under valued. The other way of implication is that the QR in May will be good. If not they can buy afterwards, not now.
Sure. you can sell if you what since u made 100% profit. But for me who holding starting from mid of march, i will wait till the QR out and see how is the QR.
PUTRAJAYA: Malaysia should be able to leverage on 5G technology within the next three years and catapult the national economy towards strong and sustainable growth, says the Prime Minister. Tun Dr Mahathir Mohamad said, however, this is only possible if all stakeholders get aboard the 5G agenda together with the government. I am confident, that if we make the necessary preparations to usher this transformational technology, Malaysia should be able to leverage 5G within the next three years, enabling the country to punch above its own weight and catapulting the national economy towards strong and sustainable growth. We have come a long way, and yet there’s still a distance to go. What we are doing today is the cornerstone of Malaysia’s march into the new age and a vital foundation for us to remain relevant and competitive,” said Dr Mahathir at the launch of the 5G Malaysia showcase here on Thursday Dr Mahathir said 5G will impact every industry that is vital to the growth of the country’s economy. Industries like manufacturing that has contributed 22% to the Gross Domestic Product in the last five years, remains integral to the national economy. Through smart manufacturing or massive machine-type communications, the government hopes that it can attract high value-added, high technology and knowledge-intensive investment in areas such as aerospace, chemicals and chemical products, machinery and equipment, medical devices, and electrical and electronics,” he said. Dr Mahathir said the government - through the National Fiberisation and Connectivity Plan (NFCP) and the National 5G Task Force - aimed to create an environment conducive for 5G growth .The businesses are our main stakeholders and we need to continue improving the environment for the businesses to prosper,” he said. The 5G showcase event is open to the public at the Putrajaya Corporation Complex until April 21. 5G is a technology that promises fast speed and connections. It opens the world for smart cities, driverless cars, improved health care and a fully-realised Internet-of-things( ioT ). 5G is said to revolutionise the entire industries and the way people live, work and play.
I think the highest price was RM1.80 few years ago because of GST. I held on for many years and didnt dispose at that price. I believe it can shoot up higher!
Hard to go back to GST era as that was new implementation of GST plus the recurrent system maintenance revenue. GST implementation is one off huge chunk of revenue which contributes strongly to their share price of 1.80 at that time.
Currently with their new approach towards sme.. If QR is nice should be able to hit 60c easily. 70-80 would be outstanding. 1.80 is abit too far fetched for now.
Crash123456, hebat 100% gain. My personal opinion is to lock in profit first and leave some to fight for it's QR. If there are surprises, it doesn't affect you at all. You can use the money gained to fight it again.
CEO says performance highly possible to be like GST era.. even if its 50% of previous it will be good. Share price can be 80-90c if their books can do 50% of previous revenue.
Ifca has been moving the past 2 days. QR is near and prices have been moving 7-8% a day. There must be wind for price to move. And further based on what their CEO said during the interview whereby he is confident their revenue will be comparable to previous performance in 2015 I deduce that QR must have something to show. I might be wrong but look at the share price movement past few months.. doesnt it tell us something? Sorry my news is not insider info.. or else I wont be sharing here.. it's my personal analysis and opinion. When market is bad but share price not only weathers thru but can gain.. there must be something good on the way
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....
leslieroycarter
5,777 posts
Posted by leslieroycarter > 2019-04-30 10:44 | Report Abuse
I think not easy to reach 1.60 as the stock was not having any good news for its continuation to further up trend so far.