Wow, I think must be big funds cutting losses because it hit their stop loss

Ken should really consider moving the AGM closer to address the shareholders' concern and stop this irrational selling. I am still sure though, that in two months' time when you look back at IFCA, the situation will be reversed and people will be squeezing to get in

The whole market is very quiet, almost lunch break only 450 million worth of shares trading

I have seen the time when selling pressure is even higher, if the demand is there, however many shares people are selling also cannot put the price down

IFCA's software for property developers do not just do GST stuffs, it helps them to save costs by tracking the progress of each development/construction projects ... With residential property lacklustre so far, this is precisely what many property developers need! Would you spend 600k to cut cost if your project is worth 2 billion? I don't think 600k is overpriced

He tells you, when foreign funds buy, he earns, when you buy, he earns 2 times ma, thats why tell everybody, then earn more lo ..

Market downtrend seems to be slowing down

Foreign funds sold, Islamic funds taking over

Still a lot of investors in this counter, you can see the price simply refuses to move down below 1.38, give it a few weeks, before the next QR, sure shoot up ... I really hope all the contra/gamblers stay away from this counter, for serious investors who recognise IFCA for its superior/quality services/products only!

IFCA on Shariah-compliant list, step 1 unlocked

Nice to see IFCA stabilising, hope it consolidates and continue its uptrend, hopefully slower this time, slow and steady

Perfect timing for this report, I think investors know better what to do now, tomorrow, like AT says for IFCA to rise again! With foreigners cashing in and turning everything back to USD, local and regional funds will take up bigger stake, so exciting!

CFO work for less than half a year only, don't think he has this much stock options to sell .. I believe on QR announcement, profit-taking just like the past, but due to market sentiment (investors wanting to sit on the side line to wait for market correction i.e. Najib's resignation + IMDB being punished), further sell-down, all this trigger further profit-taking, and these result in panic-selling, then on Friday night, announced that CFO resigns, further panic-selling ... If you sell now, this is probably the worst price you can sell for, it is grossly, grossly oversold and this is a good fundamental stock.. Nobody knows which is the best price to enter, so make your own judgment as to when you want to enter, or if you want to enter at all

I am not sure why so many people are worried about CFO leaving, if you have worked at any big companies, you should know it is not uncommon especially people with financial/accounting background to be switching companies every few years, thats how they become CFO and thats how they get their big increments. So long as the CEO and chairman stays the same

Simply remember why you bought the stock, look at whether the fundamentals if they are still the same, look at the pattern of its price movement, what are the analysts saying. To me, all these tell me that the recent price drop is a sign to buy! Just waiting for the right price to buy more!

It was a steady counter, but in the last few weeks too many people bought, and now it is having a slight correction, don't worry, it will rebound. Don't forget, it is a technology/consulting company, you will not be able to see its clear value by just looking at net tangible asset.

For those who have the balls to go in at 1.63. congrats for making money already!

Red Red, shoppinh

Interesting show

Consider this the necessary evil/paper loss guys, if you guys read the comments from yesterday and the day before, the long term holders of IFCA are well aware that profit taking after QR announcement is the usual trend for IFCA, but most decided to stay on because they don't want to time the market. Look at the price movement for IFCA near 17 Febuary 2015 and you will understand. Big jump = big drop in order to reach even bigger jump

Like a well-timed machine

For those who just bought IFCA at 1.7-1.87 range, and who are panick because the price is down slightly, I can only say don't worry, just hold on for maximum one month, and you are very very likely to see profit. I think one of the members here bought at 1.30 and it went all the way down to 1.16 and he was panicking a few weeks ago (CIMB TP was 1.4+), now he is probably smiling as he counts his paper profit (assuming he held on).

Not sure if you guys will be able to access, but here is the link http://research.itradecimb.com/index.php?ch=5013&pg=5014&ac=77519&bb=file

One more hour to result announcement, and another day for its briefing ... Can't wait!

CIMB to increase TP tomorow? RM 2.23 maybe?

Don't panic guys, profit taking in progress ... But this QR might have special announcement .. So if you do decide to join in the profit taking, make sure you don't regret selling off right before another big spike

Not to mention Hong Leong of course

Slowly and quietly advancing ... It is difficult to believe that some of the biggest players like UBS Asset Management, Credit Suisse Investment Bank and Lembaga Tabung Haji actually hold substantial stake in Evergreen

Expecting small drop in price very soon due to profit taking

If drop below 1.65 will top up, I have not seen a more tidy trend line than IFCA

Very likely to drop a bit and stay side way for a while ..

Their assets alone are worth 1.62 per share, been oversold and undervalued, its true value like HLIB says will reveal itself very very soon

It depends when and at what price you buy gaussian, the price will not shoot up all the time, it happens over time, by the time it moves up, you will think its too expensive to buy

It depends when and at what price you buy gaussian, the price will not shoot up all the time, it happens over time, by the time it moves up, you will think its too expensive to buy

Shopping day at Bursa today

As terrible as it is with battles going on in Yemen, tomorrow looks like a pretty good day for KLCI, with brent crude above 64 dollars/barrel, and looks like a pretty good day for all Oil and Gas

Way oversold, bound for a technical rebound

Might rebound soon

But fast approaching support level of 0.30

No new catalyst and the graph clearly shows it is going down ..

GLOBETRONICS in the making

I think no chance for her to rest lo, either this afternoon or tomorrow will rally

RM2 doesn't seem too far-fetched now

Testing water again ...

Just take a break, if you have bought, just leave it, its at support now.. Focus is not here atm, but soon, it will move and continue uptrend

Next Q result in less than 3 weeks I think, this surge is in anticipation of a great Q1, it is unlikely to come down at least until after result is announced .. There should be more surges coming within the coming days

Don't be fooled to sell low my friends, IFCA is a one way train for now

Don't sell yet, such big white candle you want to sell, seriously hold on, today is just day one

Bloomberg is one of the most prestigious news company, many institutions including investment banks like Goldman Sachs rely on the financial data they provide

Tomorrow will likely be up, its very very extremely bullish, KLCI only side way