Highlights
KLSE : IFCAMSC       IFCA MSC BHD
Last Price Today's Change   Day's Range   Trading Volume
0.475   -0.01 (2.06%)  0.475 - 0.485  1,370,900
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Overview

Avg Volume (4 weeks):3,368,438
4 Weeks Range:0.475 - 0.505
52 Weeks Range:0.46 - 1.07
Average Price Target:1.01
Price Target Upside/Downside:+0.535
View Price Target Detail

Headlines

Latest Headlines
12/08/2016  Traders Brief - Market is likely to grind higher towards 1684
26/06/2016  Stallion Stock Radar 26 Jun 2016 - IFCAMSC
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  55 people like this.
 
vivofanfan sell
23/08/2016 15:47
nich0las die -ve
23/08/2016 18:12
traderman yes can. tp 1.8
23/08/2016 19:18
nich0las =.=. not 1.8 is 0.18. traderman wrong put the "dot"
23/08/2016 19:49
martinbartesque Loss 656k. Report was out
23/08/2016 20:50
shareinvestment7 This counter game over long long time ago, not today. Still got people put hope in this counter? Lol
23/08/2016 20:51
Goodiinvestor Dun worry .. Result is good compare last quarter hahaha buy buy buy
23/08/2016 21:35
Buy1sell2 What is this??? IFCA becomes a loss making company? Dangerous. Might drop kaw kaw like K1. Hope not. But the results not good. Better sell.
23/08/2016 21:38
cruz 0.30 coming soon......after 2 years become 0.10
23/08/2016 22:00
KiasiPu Hopeless company..
24/08/2016 08:09
Goodiinvestor Guys run for life
24/08/2016 08:42
Spid3rman Run..go other stock
24/08/2016 09:31
Spid3rman http://www.thestar.com.my/business/business-news/2016/08/24/ifca-msc-downgraded-to-hold-from-add-at-cimb-research/
24/08/2016 09:42
Spid3rman If u dnt wnt to read just ignore. No need to say useless on others sharing
24/08/2016 09:46
Buy1sell2 Run fast. Will drop below 50 sen soon based on this weak QR.
24/08/2016 09:53
Haifahitcher99 This company's business getting worse to worst and the shares price will go down below 40 cents soon if the directors not keen to improve company's earnings.
24/08/2016 09:58
shidayea eh pasai apa kelanajaya2 ni meroyan? x paham..
24/08/2016 10:57
salman KUALA LUMPUR: CIMB Equities Research has downgraded IFCA MSC from Add to Hold and slashed the target price (TP) from RM1.19 to 55 sen after the weak results.
It said on Wednesday it had slashed the FY16-18 EPS forecasts for the business software solutions company due to the weaker domestic sales outlook.
“Given the poor results and poor outlook, our target basis is changed from 2017 21 times price-to-earnings (P/E) which is in line with the peers, to the average sector 2.5 times price-to-book value (P/BV), resulting in a 54% TP cut.
24/08/2016 10:59
CUTLOST MY STOCK FULL OF BLOOD..
24/08/2016 10:59
spiderman22 Post removed. Why?
24/08/2016 11:06
Spid3rman KUALA LUMPUR: CIMB Equities Research has downgraded IFCA MSC from Add to Hold and slashed the target price (TP) from RM1.19 to 55 sen after the weak results.
It said on Wednesday it had slashed the FY16-18 EPS forecasts for the business software solutions company due to the weaker domestic sales outlook.

“Given the poor results and poor outlook, our target basis is changed from 2017 21 times price-to-earnings (P/E) which is in line with the peers, to the average sector 2.5 times price-to-book value (P/BV), resulting in a 54% TP cut.

“Downside risks include further weakness in the domestic market, while upside risks are a recovery in China and domestic markets. We prefer MyEG for exposure in the technology sector due to its strong earnings growth outlook,” it said.

On Tuesday, IFCA MSC announced its 1H16 revenue fell 36% to RM35.7mil while net loss was RM5mil versus RM15.4mil net profit in 1H15. The loss was mainly due to the collapse of domestic revenue, down 55% to RM20mil.

CIMB Research said another major reason for the company’s losses in 1H16 was the higher-than-expected depreciation and amortisation (D&A) charges. In 1H16, D&A charges were RM3.7mil versus RM3.1mil for the whole of 2015.

“We understand the higher D&A charges were mainly due to the full commercial launch of its mobile platform and P365 starting from 2H15 onwards, after which the company had to fully recognise D&A charges,” it said.

The 1H16 overseas revenue rose 40% on-year at RM15.6mil. Most of the revenue growth due to the consolidation of its Indonesia distributor acquired at end-2015.

“We understand 1H16 sales from China was flat on a year-on-year basis, which is not a positive sign. We had expected China to compensate for the weakness in the domestic market but this was not the case,” it said.

However, CIMB Research pointed out that IFCA-MSC’s Property365.my(P365) now has around 2,000 negotiators registered with the company.

“We understand inventory for sale is more than RM3bn and while sales have been slow, P365 has been gaining more interest among property developers and agents over the past few months. Management needs to focus now on its marketing efforts for P365.

“IFCA’s balance sheet was a strong RM62.5m net cash or 10sen net cash per share as at end-1H16. The net cash contributes close to 20% of its current share price. As most of the development costs on its mobile platform and P365 have been completed, we believe spending would be focused on marketing activities for P365 over the next few quarters,” it said.
24/08/2016 11:18
oasischeah Most shares reported less profit or losses since implementation of GST and many foreign investment gone.
24/08/2016 11:35
cruz next Q will loss bigger.......
24/08/2016 11:47
traderman hope they back to where they belongs ---------> 7 cent
24/08/2016 18:17
richkid Too many additional listings...then diluted after the warrants expired...now QR losses....so how to go up? It is going down down down back to the original price before the GST hype.
24/08/2016 18:19
calvintaneng Posted by traderman > Aug 24, 2016 06:17 PM | Report Abuse

hope they back to where they belongs ---------> 7 cent

Back to 7 cts?

Aiyoyo!

Maybe 10 cts to 20 cts lah.

Those who bought from 80 cts and chased it to over Rm1.80 are now locked up for life. No way of recovering from the great Con Stock

If only they have just stopped and listened to reason and warning.

With the latest horrendous results even 50 cts is really too expensive
24/08/2016 18:23
smalltimer hi calvin...ur bjbear how?
24/08/2016 18:26
traderman smalltimer, tp remain 10.0, same as UEMS. buy more now.
24/08/2016 18:29
calvintaneng Posted by smalltimer > Aug 24, 2016 06:26 PM | Report Abuse

hi calvin...ur bjbear how?

Haha! Smalltimer

How are you?

I will always remember your witty joke

"Luster will turn into duster"

Hahaha! Hahaha!

So funny indeed!
24/08/2016 18:47
sundaymorning will anybody knows why expense is around 16-18k every quarter? If this is reduced, IFCA should be profitable.
25/08/2016 04:31
sell Loss QR 49.5 sen? What for make profit?
25/08/2016 05:21
yeohhh TP 20 sen
26/08/2016 10:53
kelanajaya2 totally hopeless share... KY & OBB asked to sell away ALL before too late...
29/08/2016 15:09
crawler you all are sohai..told you all not to trust the CEO..bunch of liars
29/08/2016 22:32
stonebridge Even Fund managers also conned people!!
29/08/2016 22:47
Buy1sell2 Back to 10 sen??
http://www.thestar.com.my/business/business-news/2016/09/01/ifca-disappoints-market-with-rm5mil-loss/
01/09/2016 08:52
Spid3rman Why did IFCA MSC suffer losses leading to shares being downgraded? | http://www.klsescreener.com/v2/news/view/120385
01/09/2016 09:14
Buy1sell2 Tomorrow I want to buy SKPetro since they announced some good news today. Hopefully gap up.
01/09/2016 17:39
kelanajaya2 IFCA stagnant oledi.. can't move far... going to hell soon
08/09/2016 10:22
Spid3rman Bull and Bear Partner in Crime:
don't put your money at risk.. trade wisely guys.. stock market is not where to put money.. but it is where to take money.. ☺️☺️
14/09/2016 09:50
kelanajaya2 almost everyday drop.. never show up sign at all... KY,OBB + leong NK is the best in the world + planet///
14/09/2016 10:56
thursdayevening Better sell .... What crawler says seem true
15/09/2016 04:36
thursdayevening I keep monitor for nearly 6 months , their new biz p 365 macam x moving .... not many developers show interests to put their projects there ler .... very less projects for agents to sell .... Also no projects from developers live on their website for nearly 3 months ..... Dead business ....
15/09/2016 04:55
nich0las All is right. I already sold all my units. Planning to buy others. Anggap kalah betting soccer la. Run!!!!!
17/09/2016 14:32
kelanajaya2 useless IFCA.. Leong + KY + OBB... what r u doing ??
20/09/2016 10:23
hyi3 I let go with 50% lost... bearish due to signs that property market in M'sia not moving.
26/09/2016 02:39
Vie6 bad
27/09/2016 18:10
moneykj Go quickly punch tomorrow for some lunch money
28/09/2016 00:29
dompeilee Bought some @ 49c
28/09/2016 09:32
crazy127 Waiting IFCA 0.20
30/09/2016 06:55


 

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