Brahmal is a fundamental investor, he looks at long term, he is not like Halim Said keep on goreng news and flooding too much news on Sumatec.

His view is sharp , like helang punya mata ternampak buruannya.
Most of his stock will encounter things like corporate action (bonus issue, right issue, bonus warrant) like MYEG + UZMA and also entry to main board like SMRT.

Everyday got up and down, we can act like Simon who can sell high buy low, or we can be sleeping shareholder just like old man putting FD one year go to back collect interest one time.

Bear in the this company has not much share in the market

CEO : 46.3 %
BRAHMAL : 5.55 %
OOI BEE BEE : 1.16%

in market only left 46.99% = 211,479,900 shares only
Brahmal and CEO are looking into these piece of meat.

last time SHARK made a mistake of selling their stock to Bhahmal around 35c on 26 Aug 2014. Shark and everyone can't expect he will buy in IFCA.

We see the volume so low ( 26 mil shares only ) even it dropped to 43.5c.
We can know shark is scared to sell off their shares and buy back higher eventually.

Let's us see how this triangle war in the next episod

IFCA and MYEG both are tax related software providers.

MYEG was doing import/ export tax, in line with government inplementation.

IFCA is the same concept, in line with government implementation of GST , which will kick start soon in April 2015.

bear in mind MYEG is from 70 cent to RM3, in between not everyday is going up, sometime one day drop a few cents also got such as NOV 26 2012, 21 JAN 2013, and 6 FEB 2013. but at the end, price go to RM3 plus..

Speculator are looking for short term, investor are looking for long term. U can make your own decision to choose speculator or investor.

Brahmal entry to MYEG as below:
http://www.bursamalaysia.com/market/listed-companies/company-announcements/1106189

he got his 1 bil fund, if BRAHMAL is the boss, the company expand like crazy

"Posted by Ring > Sep 4, 2014 09:17 PM | Report Abuse

Why abuse? Can u please explain..tks"

who u refer to? what abuse?

buy at support , support level now is 42c/42.5c.

we can see the sharp drop today is low volume, meaning just a sell down to shake away all speculator to buy back cheaper.

Bear in mind, Bhahmal holds 5.55% , CEO Mr. Yong holds 46.3 % plus now.

in market got only less than half of total 450 mil shares , around 200 mil plus shares only.

and both Brahmal and CEO is raising to gain control of IFCA.

after all contra kaki burn their hands, this stock will be clean to steady growth.

Still awaiting Oct budget 2015 and Nov month end result

let's burn all contra kaki, and clean this stock

this is a good entry point again when people panic sell

can't u read the full sentence?

today is T4 for 28 Aug and T3 for 29 Aug

sell force is expected, we can see a lot of retailer throwing.

homily chart still 80%-90%, this consider a consolidation period, to wash out contra kaki and speculator.

time to look for entry point again above 42c

http://klse.i3investor.com/servlets/stk/chart/0023.jsp

"Posted by RussianRoulete > Sep 4, 2014 11:38 AM | Report Abuse

sorry fxlee n ozzie, i just newbie :(

im scare coz everyday ifca fall to new level, see someone buy 1-50 lot to maintain the price.

yesterday i make some mistake to buy again coz i trust forumer here n bcoz of my own greedy... we have no power to against downtrend now... i will cut my loss n hand will be in red...

pray everyone :("

thanks for your entertaining comment here, well done

for him drop 1 or 2 cent already a stock crash ya...ozzie

many thanks to RussianRoulete entertain the forum here, bravo, good job..

we all love you.

"Posted by RussianRoulete > Sep 4, 2014 11:23 AM | Report Abuse

i dont know what is crash, sorry... can u explain??"

yes drop 1 or 2 cent mean crash...

"Posted by RussianRoulete > Sep 4, 2014 11:29 AM | Report Abuse

sorry im just newbie, simon84 n kakijudi said, IFCA market will drop, so i tot it will crash, n yesterday someone said 5m share disposal from single person. Ozzie can u explain, why this happened? im newbie trying to learn, so sorry if i make random post... im to excited to learn, so sorry :("

again, disposal at the same time with acquire of 5 mil share. this is obviously a deal to change hand at 48.5c

this stock is getting better after the UMA...
still above SMA 10...

"Posted by laughnonstop2 > Sep 4, 2014 10:17 AM | Report Abuse

FX Lee "Posted by simon84 > Sep 4, 2014 09:57 AM | Report Abuse

it must fall 0.39 before bounce back"

remember your words


if drop to 39c i chop your kukuchiow. wakakak.

impossible to drop there."

lolz i never drop until 39c i potong yours

"just a comment on the forum can affect the Stock Market pricing "

this sentence is misleading, no one say a comment here can affect market price

"Posted by simon84 > Sep 4, 2014 09:57 AM | Report Abuse

it must fall 0.39 before bounce back"

remember your words

" Posted by simon84 > Sep 4, 2014 09:55 AM | Report Abuse

As i mentioned just now dont blame ppl give a bad comment ..Human being always only want to listen to the good news rather than bad ..

NO matter good or bad we just take it as a reference only. The decision is on your hand..

I repeat if just a comment on the forum can affect the Stock Market pricing then we shall report to SC to close down the all forums ..I think you understand what im going to say."

stop misleading, no one say this affect pricing...

bought 45.5c 50 lot

"Posted by shawnie > Sep 4, 2014 09:41 AM | Report Abuse

FXLee i am holding 200+ big lots at around 0.4 for Wa lol. but i still hope it will go down a bit so i can grab more hahahaha."

grab more mother share better than warrant

average up 50 lot at 46.5c

a lot of irresponsible people keep on giving bad comment when the price drop 1 cent or 2 cent....

obviously these are contra player/ speculator / or just miss the boat...

if not confident , please sell then.

waiting to break 48.5c resistance


resistance 1: 48.5c
resistance 2: 50.5c
resistance 3: 52c

support 1: 47c
support 2: 44c
support 3: 42c

"Posted by simon84 > Sep 4, 2014 09:10 AM | Report Abuse

I dissapear on this IFCA forum..."

ok, but not change name and come again...

"Posted by laughnonstop2 > Sep 4, 2014 08:45 AM | Report Abuse

Posted by simon84 > Sep 4, 2014 08:37 AM | Report Abuse

brova..collect at 0.40-0.41 more profitable..trust me it will fall till this level in within this few days..
"

how if no coming to this level ?

seem like curi makan 47.5c saja....

resistance 1: 48.5c
resistance 2: 50.5c
resistance 3: 52c

support 1: 47c
support 2: 44c
support 3: 42c

Chonology

30 Aug 2014 - the stars highlighted more institution buy in IFCA
http://www.thestar.com.my/Business/Business-News/2014/08/30/IFCA-gets-noticed-Software-vendors-shares-jump-77-from-a-month-ago/

27 Aug 2014 - CIMB out research report (diluted TP = 53c, undiluted TP = 70c)
https://brokingrfs.cimb.com/TZM5qMDUt9by8xjspIANQVSLBiaQX7UjlbUVigisNFC3WrO2xpX5i5A1en6nMRPmyYwVo1q9hxs1.pdf

26 Aug 2014 - Bhamal entry (possible entry price 35c due to weighted volume highest at this level)
http://www.theedgemalaysia.com/business-news/304892-flashbrahmal-vasudevan-buys-substantial-stake-in-ifca-msc-.html

25 Aug 2014 - Maybank out research report (TP = 42c)
http://research.maybank-ib.com/pdf/document/IFCA_NR_20140825_MKEv2_6544.pdf

18 Aug 2014- The edge : IFCAMSC shares & warrants rebound before Q2 results
http://www.theedgemalaysia.com/business-news/303241-hot-stock-ifca-msc-shares-warrants-rebound-before-2q-results.html

compete in market is not only price of product ya, we have other factors like consumer confidence, the trustworthy of the seller, the after-sale and maintenance service, and the quality of the product.

if not mercedez benz seller already bankrupt....

accending trangle....... may trigger break out above RM 4.90

resistance 1: 48.5c
resistance 2: 50.5c
resistance 3: 52c

support 1: 47c
support 2: 44c
support 3: 42c

good bye Mercury, and stop telling fake info as below:

" Posted by MercuryRX > Sep 3, 2014 10:37 PM | Report Abuse

big or small company also pay same price huhuhu...

range from 2k, 5k, 10k...

IFCA price 10k"

it is misleading, as big company is paying more than small company.

please sell if you think it reaches your TP or u think it can't go further up.

otherwise, u may choose to hold

we cant expect everyday green, contra kaki will sell and profit take. it is more like a consolidation

"Posted by MercuryRX > Sep 3, 2014 09:01 PM | Report Abuse

Siva many of the GST software provider not listed in BURSA, u can check by ur self whether im lying or not, more importantly the system almost same with different price range, customer can choose which software suit them, no monopoly here..."

we know many GST vendors out there, please narrow your scope to property GST software 1st...

and then see which software is the best, the most user friendly and also consider which company provides the best maintenance service.

please follow authorized GST vendor list.

http://tw.gigacircle.com/1881441-1#.U_6QB1pdmuM.facebook

"Posted by simon84 > Sep 3, 2014 03:57 PM | Report Abuse

Russian Roulete i had gave several counters such as Sumatec,Glotec,PDZ before it crash but no ppl listen to me.. I pity to Sumatec players when i warned them last monday sell at 0.52 -0.50 but .."

sumatec i sold off all my 30 lot at 62cent morning of the same day it sharp fall

"Posted by ozzie75 > Sep 3, 2014 11:31 AM | Report Abuse

@FX Lee: what is a good prevailing entry point?"

47c is a good support.

raised for 6 days passed, now only drop 1 cent.

just ignore him, we make our own money.

"Posted by simon84 > Sep 3, 2014 10:47 AM | Report Abuse

It may fall until 0.395 to cover back the previous gap .Cautious !!!!!!!!!!!!"

lol , please sell yours enough.

is RussianRoulete same person as Satayman? change name ?

another joker here, just ignore him

warrant more strong then mother share....

" Posted by RussianRoulete > Sep 3, 2014 09:19 AM | Report Abuse

im too greed buying ifca back... now its free fall :("

it is just affect by index drop 12point

just average up at 49c just now.

morning IFCA

heading to 70c in 3 months time

today director is buying back IFCA with 49.6c average price.

We can see that they are eagerly to increase stake

a lot of sozai here keep talking about other stocks.

please go to respective forum is u want to talk about other stocks