This is a hidden gem .... Profitable and pioneer company in the share trading platform business. Understand that they make money from every trade we trade thru the platform. A lot of broking houses are using their system. Their nearest competitor is N2N and is trading higher than Eforce. This counter should worth at least rm1.00 ...... Look and study at their past quarterly report....and dividend payout policy
Totally agreed with you Eskay, been holding it since 2009 before the 2010 bonus issue. This Gem gave me 300 over % profit on capital gain alone. Its dividend payout is yummy.
They are giving one free warrant for every two shares held. Date to be determined. So don't miss the boat as you will easily make rm0.30 from the warrant alone. This is a small paid up capital counter and when everyone is chasing, the price will go up faster. So my advice is, early bird gets the worm. Start accumulating.
FYI, they have been giving 4 sen dividend pa lately.....every qtr also make money and never reported a qtrly loss since inception. Being a software and platform provider, their margins are good. This counter should be given a higher valuation than N2N based on fundamental alone.
Just bought some more at rm0.755 today. It's a good price. If I use the PE accorded to N2N and calculate Eforce value, Eforce should be worth at least RM1.45 .... Pls study the trend on Malaysiastock.biz
Great brief analysis lhthow, Eforce is truly under value ..... Hidden gem. Value buy now with very good upside potential. Just compare with what N2N is doing today and you will know why....good luck guys
Wow .... What a good performance today by Eforce. More to come as this counter should be worth at least RM1.00 (looking at the pricing of its only competitor, N2N). Also, the free warrant will be an added bonus.....looking at it trading around Rm0.30 level in the immediate term and should rise in tandem with the mother share then. Just imagine the profit opportunity of this good fundamental counter.
IndicatorNotice of MeetingDescriptionExcel Force MSC Berhad ("the Company") wishes to announce that an Extraordinary General Meeting ("EGM") will be held on Monday, 30th June 2014 at 11.00 a.m., or immediately after the conclusion or adjournment (as the case may be) of the Company's Twelfth Annual General Meeting which will be held on the same date at the same venue or at any adjournment thereof, for the purpose of considering the following:-
a) Proposed Bonus Issue of Warrants b) Proposed Increase in Authorised Share Capital c) Proposed Amendments to the Company’s Memorandum and Articles of Association
Hopefully sentiment will return and Eforce continue it's upward trend.....AGM is 30 June, so only another few days to put on a good show prior to meeting. With all positive news, no reason for this counter not to touch RM0.94 to RM1.00 level....
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....
Chong Kan Yik
65 posts
Posted by Chong Kan Yik > 2014-02-26 03:11 | Report Abuse
Revenue past 4 yrs high and net profit history high, result bad? dividend total for yr also history high 4 cents, bad? now declare another 1.5cents.