alextcs

alextcs | Joined since 2014-04-09

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Stock

2015-03-02 13:57 | Report Abuse

heading to RM2. After RM2 is RM2.38!!!

Stock

2015-03-02 10:35 | Report Abuse

Poultry-based Teo Seng Capital Bhd saw 30 million shares traded off-market at an average price of 95 sen on 23 July 2014. The shares accounted for a 15% stake based on its paid-up of 200 million shares.

Teo Seng's core activities are the rearing of chickens to produce eggs. It is also involved in the manufacture and marketing of paper egg trays and animal feeds, along with the distribution of animal health products.

It had secured an exclusive distributorship for THEOs Natural Core and Finiki pet food products in Malaysia, Singapore, and Brunei.

The company’s financial performance has been positive, with turnover doubling since 2010 to rm330 million in 2013, while net margins in 1HFY2014 almost doubled to 11.2%.

To recap a 15% block held by FELDA was sold off market on 23 July 2014 at an average price of rm0.95.

At rm1.75 it is trading at a premium at 2.22 times book value of rm0.79 and a trailing 12 month PER of 10.82 times.

Stock

2015-03-02 09:24 | Report Abuse

i like this company with good business, good dividend, keep expanding and growing~ ^^

Stock

2015-03-02 09:23 | Report Abuse

潮成净利暴增2.14倍
财经新闻
财经
2015-02-28 12:36


(麻坡27日讯)潮成集团(TEOSENG,7252,主板消费产品股)生产效率提升,加上饲料与鸡蛋售价持稳,带动末季净利暴增2.14倍。
潮成集团末季净利报1797万令吉,高于前年同期的573万令吉。
集团末季营业额按年上升21.7%,至1亿846万令吉。前年同期营收为8916万令吉。
相比前年的2342万令吉,集团全年净利大增1.08倍,录得4862万令吉。
集团全年营业额,从前年的3亿3076万令吉,扬升15.2%,去年报3亿8093万令吉。
潮成集团强调,2014财年的亮眼成绩,乃集团全员努力,配合管理层所拟营运方针与策略,提高生产效率。
为加强竞争优势,潮成集团今年会推动多项大型投资项目,包括兴建新蛋鸡养殖场、增建纸蛋托和饲料厂产线、投资沼气发电厂等。http://www.nanyang.com/node/684084?tid=462

Stock

2015-02-16 14:53 | Report Abuse

anyone of you heard that OLH is going to withdraw from buying pjdev and pjdev-wc (0.6)? If this news is true, the price of pjdev will start flying~~!! pjdev will be heading to RM2.30 and pjdev-wc will be heading to RM1.2-RM1.3~~!! No wonder these two start moving now....

Stock

2015-02-16 14:52 | Report Abuse

anyone of you heard that OLH is going to withdraw from buying pjdev and pjdev-wc (0.6)? If this news is true, the price of pjdev will start flying~~!! pjdev will be heading to RM2.30 and pjdev-wc will be heading to RM1.2-RM1.3~~!! No wonder these two start moving now....

Stock

2015-02-16 09:20 | Report Abuse

gong xi fa cai, happy new year!!

Stock

2014-12-22 10:48 | Report Abuse

VS: A good quarter!
Result Update

For QE31/10/2014, VS's net profit dropped by 3.4% q-o-q but rose 268% y-o-y to RM35 million while revenue rose marginally by 1.9% q-o-q or 25% y-o-y to RM545 million. Pre-tax profit increased q-o-q mainly attributable to higher sales generated by the Malaysian operations compared to the preceding quarter coupled with improved gross profit margin resulting from improved sales mix for the Malaysian operations. Profit after tax dropped q-o-q as VS did not enjoy a tax credit, unlike the immediate preceding quarter. For QE31/10/2014, it recognized a lower tax incentive in relation to the export incentive of RM4.04 million as compared to an oversized export incentive of RM20.38 million in QE31/7//2014.


Table 2: VS's last 8 quarterly results


Chart 1: VS's last 39 quarterly results

Valuation

VS (closed at RM2.41 last Friday) is trading at a trailing PE of 6 times (based on last 4 quarters' EPS of 42 sen). If we exclude the exceptional large tax credit for QE31/7/2014, the 4 quarters' EPS would be reduced to 32 sen and the trailing PE would rise to 8 times. Based on the revised PE, VS is still trading at undemanding PE multiple.

Technical Outlook

VS was a strong uptrend since June this year. It rose from RM1.60 to a high of RM2.70 in October before dropping to an intra-day low of RM2.08 on December 15. Since the release of its good results, the stock had rebounded to about RM2.40. We can see that VS's immediate resistance and support are RM2.70 & RM2.20, respectively.


Chart 3: VS's monthly chart as at Dec 19, 2014 (Source: ShareInvestor.com)

Conclusion

Based good financial performance and fairly attractive valuation, VS is still a good stock for medium-term investment. To go higher, the share price needs to break above the immediate resistance of RM2.70.

Stock

2014-11-07 10:22 | Report Abuse

fast fast top up pjdev-wc!!! else no more below RM0.80~~!!!

Stock
Stock

2014-11-05 17:03 | Report Abuse

pecah 0.30 soon~~!!!!!

Stock

2014-11-05 09:31 | Report Abuse

0.22!!! once pecah 0.25, will be heading to 0.30~~!! ciong ciong ciong~~!!

Stock

2014-11-04 09:52 | Report Abuse

today is good time for me to top up~~~ hehehe~~~ ^^

Stock

2014-11-03 08:37 | Report Abuse

superb good result!!! once pecah RM0.25, will then be heading to RM0.30~~!!! ^^ great!!

Stock

2014-10-30 08:51 | Report Abuse

will pecah 0.23 today?? stay tune~~ ^^

Stock

2014-10-28 09:25 | Report Abuse

Q result will be release these 2~3 days~~ fast fast pecah 0.23, 0.25~~ ^^

Stock

2014-10-25 08:39 | Report Abuse

Must fast fast grab esceram shares, once these few days release Q result, share price will be heading to 0.23 then 0.25~!

Stock

2014-10-16 15:56 | Report Abuse

now all ppl know RM0.60 is the cost of OLH~~ let's grab @ this price as well~~ kakaka~~

Stock

2014-10-16 15:54 | Report Abuse

OLH wants to buy at cheap price? give u www.waitlonglong.com.my

Stock

2014-10-16 10:19 | Report Abuse

few months later after bear bear period this share will rise back, sorry to OLH, your stupid idea will not success, existing investors are not idiot as your thought...

Stock

2014-10-16 09:16 | Report Abuse

yes, if you sell, OLH will buy, don't be cheated~~

Stock

2014-10-16 09:16 | Report Abuse

beware OLH buying cheap cheap PJDEV from the market during this timing~~ sorry OLH, i won't sell to you~~

Stock

2014-10-16 08:35 | Report Abuse

Sorry OLH, you got no chance to buy pjdev at such low price, the investors will all reject you, and god will punish those got intention to bully investors~ ^^

Stock

2014-10-10 09:08 | Report Abuse

2015年預算案‧IFCA多媒體:應續合理化津貼

(吉隆坡9日訊)IFCA多媒體首席執行員楊鏡全表示:“我們認為消費稅的實行為軟件商帶來許多業務良機,就如2000年的“千年蟲”問題一樣,讓軟件商業務在該段時期明顯大增。
目前軟件商唯一面對的風險是,必須根據大馬關稅局的指南修改軟件,不過這些指南還在不斷改變,促使軟件商必須迅速的採納消費稅最新條規。
另外,我們也認為政府應該持續合理化津貼,但也不可能完全沒有津貼,因此相信它還會長時間存在,主要是我國還有貧富差距問題。
去年因減津措施採取漸進模式,並未對公司帶來激痛,相較於區域,大馬的津貼依然顯著,明年政府料會繼續減津貼,直到財政赤字達到平衡水平。
我們認為,政府應該開創更為親商的環境,吸引更多外國直接投資(FDI)及促進國內中小型企業成長,創造更多財富讓全民享有,與此同時,也協助國家降低對油氣業的依賴。”
【相關新聞請點大事件:2015預算案】
(星洲日報/財經)


點看全文: http://biz.sinchew.com.my/node/103391?tid=6#ixzz3FhHz6Lpl
Follow us: @SinChewPress on Twitter | SinChewDaily on Facebook

Stock

2014-10-10 08:25 | Report Abuse

2015年預算案‧IFCA多媒體:應續合理化津貼

(吉隆坡9日訊)IFCA多媒體首席執行員楊鏡全表示:“我們認為消費稅的實行為軟件商帶來許多業務良機,就如2000年的“千年蟲”問題一樣,讓軟件商業務在該段時期明顯大增。
目前軟件商唯一面對的風險是,必須根據大馬關稅局的指南修改軟件,不過這些指南還在不斷改變,促使軟件商必須迅速的採納消費稅最新條規。
另外,我們也認為政府應該持續合理化津貼,但也不可能完全沒有津貼,因此相信它還會長時間存在,主要是我國還有貧富差距問題。
去年因減津措施採取漸進模式,並未對公司帶來激痛,相較於區域,大馬的津貼依然顯著,明年政府料會繼續減津貼,直到財政赤字達到平衡水平。
我們認為,政府應該開創更為親商的環境,吸引更多外國直接投資(FDI)及促進國內中小型企業成長,創造更多財富讓全民享有,與此同時,也協助國家降低對油氣業的依賴。”
【相關新聞請點大事件:2015預算案】
(星洲日報/財經)


點看全文: http://biz.sinchew.com.my/node/103391?tid=6#ixzz3FhHz6Lpl
Follow us: @SinChewPress on Twitter | SinChewDaily on Facebook

Stock

2014-10-09 17:27 | Report Abuse

資匯 The busy weekly

股票界老手黄宗华今天漏口风说,同样由他控制的辟捷控股(PJD,1945)与侨丰产业(OSKP,6661)很快便进行合并。

他今午在辟捷控股的股东特别大会后向记者表示,由于辟捷控股与侨丰控股同样是产业发展公司,两者合并以拼取更大规模,是必须做的事。

询及两家公司何时会合并时,他没有给予一个时间,只表示很快便会有消息。

Stock

2014-10-09 17:27 | Report Abuse

資匯 The busy weekly

股票界老手黄宗华今天漏口风说,同样由他控制的辟捷控股(PJD,1945)与侨丰产业(OSKP,6661)很快便进行合并。

他今午在辟捷控股的股东特别大会后向记者表示,由于辟捷控股与侨丰控股同样是产业发展公司,两者合并以拼取更大规模,是必须做的事。

询及两家公司何时会合并时,他没有给予一个时间,只表示很快便会有消息。

Stock

2014-10-09 17:27 | Report Abuse

資匯 The busy weekly

股票界老手黄宗华今天漏口风说,同样由他控制的辟捷控股(PJD,1945)与侨丰产业(OSKP,6661)很快便进行合并。

他今午在辟捷控股的股东特别大会后向记者表示,由于辟捷控股与侨丰控股同样是产业发展公司,两者合并以拼取更大规模,是必须做的事。

询及两家公司何时会合并时,他没有给予一个时间,只表示很快便会有消息。

Stock

2014-10-09 11:22 | Report Abuse

Economy

US: Fed officials saw global slowdown among risks to outlook. Federal Reserve policy makers last month worried that slowing global growth and a stronger dollar posed risks to the US economy as they decided to maintain a pledge to keep interest rates low for a “considerable time.” A number of officials said the US expansion “might be slower than they expected if foreign economic growth came in weaker than anticipated,” according to minutes of the Sept 16-17 Federal Open Market Committee meeting. The minutes highlight growing concern among policy makers who say further gains in the dollar could hurt exports and damp inflation, which has undershot the Fed’s goal for more than two years. (Bloomberg)

US: Fiscal 2014 budget deficit falls to USD486bn, CBO says. The US budget deficit fell by nearly a third during fiscal 2014 to USD486bn as federal revenues grew far faster than spending, the Congressional Budget Office said. Releasing preliminary estimates of final budget data FYE Sept 30, the CBO said receipts grew nearly 9.0% from the previous year to USD3.0trn, while outlays were up 1.4% to USD3.5trn. The resulting fiscal 2014 deficit was down about USD195bn from the USD680bn budget gap recorded in fiscal 2013. (Reuters)

UK: London house prices fall in Sept for first time since 2011. London house prices fell last month for the first time in more than three years, and prices nationwide showed their smallest increase in 15 months, a major house price survey showed. The signs of a cooling in Britain's housing market are likely to be welcomed by the BOE, which earlier this year warned that Britain's economic recovery would be at risk if house prices continued to rise far faster than wages. (Reuters)

China: Zhu says Asia-Pacific trade deal would be incomplete without Beijing. A trade pact sought by the US, Japan and other AsiaPacific nations would be "incomplete" in the long term without China, a top Chinese official said. Beijing is currently not at the table with the 12 nations negotiating the Trans Pacific Partnership (TPP) deal, but China's Vice Finance Minister Zhu Guangyao said it would be lacking without China's vast economy. The TPP would establish a free-trade bloc stretching from Vietnam to Chile and Japan, encompassing about 800m people and almost 40.0% of the global economy. (Reuters) Markets

CIMB (Outperform, TP: RM8.00), RHB Cap, MBSB: Suspended for merger update. Trading in the securities of CIMB Group, RHB Capital and Malaysian Building Society (MBSB) will be suspended today for a material announcement which would be related to their proposed merger exercise. The three companies announced they had sought for a suspension in the trading of the counters from 9am to 5pm “pending the release of a material announcement”. The exclusive period for the discussions between the banks ended yesterday. (StarBiz)

Ireka: Unit wins RM276.79m contract from KL Eco City. Ireka Corp’s infrastructure arm, Ireka Engineering and Construction SB, has bagged a RM276.79m construction contract from KL Eco City SB. Under the contract, Ireka will be responsible for the main building works of the retail podium, office Block A and the remaining works for the basement levels at the KL Eco City’s mixed development project. (StarBiz)

Seacera: Prequalified to bid for Warisan Merdeka project. Seacera Group has announced that a submission to prequalify to bid for the proposed Warisan Merdeka project is successful. On June 6, 2014, Seacera, Sinohydro Corp Ltd, Shanghai Construction Group Co Ltd and SPAZ SB signed a MoU to form a JV to bid for the project. Seacera said the company and the three parties have been invited to participate in the tendering process to construct the tower structure. (StarBiz)

IFCA MSC: Seeks to enter Japan’s IT market. Software and IT systems firm IFCA MSC has set its sights on the Japanese market for its overseas expansion and will leverage on its relationship with Japanese real estate giant Mitsui-Fudosan Co Ltd to achieve this. The company had, two months ago, won a contract, albeit a small one at RM2m, to implement a mall management IT system for the Mitsui Outlet Park located near the KLIA. “This is our first time working with Mitsui and also our first time working with a Japanese firm,” IFCA CEO Ken Yong said. “Hopefully, we can replicate our China success in Japan,” he said. (StarBiz)

Source: PublicInvest Research - 9 Oct 2014

Stock

2014-10-09 11:21 | Report Abuse

Maybank Research Highlights - 9 Oct 2014

IFCA: Seeks to enter Japan's IT market. IFCA MSC has set its sights on the Japanese market for its overseas expansion and will leverage on its relationship with Japanese real estate giant Mitsui-Fudosan Co Ltd to achieve this. To recap, IFCA had, two months ago, won a contract (MYR2m) to implement a mall management IT system for Mitsui Outlet Park located near the KLIA. Also, as most malls do not have centralized IT systems, IFCA hopes to tap into it. (Source: The Star)

Source: Maybank Research - 9 Oct 2014

Stock

2014-10-09 10:56 | Report Abuse

superb attractive~~ ^^

Stock

2014-10-09 10:43 | Report Abuse

IFCA seeks to enter Japan’s IT market

October 9, 2014

PETALING JAYA: Software and IT systems firm IFCA MSC Bhd has set its sights on the Japanese market for its overseas expansion and will leverage on its relationship with Japanese real estate giant Mitsui-Fudosan Co Ltd to achieve this.

The company had, two months ago, won a contract, albeit a small one at RM2mil, to implement a mall management IT system for the Mitsui Outlet Park located near the KL International Airport.

“This is our first time working with Mitsui and also our first time working with a Japanese firm,” IFCA chief executive officer Ken Yong said. “Hopefully, we can replicate our China success in Japan,” he told StarBiz.

IFCA’s breakthrough in the Chinese market came only about four years ago, when the company managed to strike a deal with China’s Wanda Group, Asia’s largest commercial real estate developer.

It had been in China for close to six years before that happened.

Since sealing its relationship with Wanda, IFCA has seen its sales in China grow rapidly, with sales for the first half of this year reaching RM21mil, which is higher than the RM16mil recorded in the whole of the last financial year.

Likewise, Yong hopes the same can happen in Japan, where Mitsui is also a big name with close to 70 retail properties under its belt.

Currently, most malls there do not have centralised IT systems, leaving a huge opportunity for IFCA to tap into, according to him.

“As for Mitsui, it also has a footprint in other countries like Taiwan, China and now Malaysia, so there’s plenty for us to leverage on,” added Yong.

The ultimate aim, as ambitious as it sounds, Yong admitted, is to have IFCA eventually link up all Mitsui’s retail properties to a centralised IT system based at its headquarters in Tokyo.

IFCA’s sales right now come mostly from Malaysia, where it has a 70% market share. Its international business is predominantly from China, which makes up about 30% of group sales, and envisaged to grow further.

The company’s shares have come under the radar in recent times, surging a whopping 450% from eight sen at the beginning of the year to 44 sen as at yesterday’s close.

Having only just returned to the black two years ago, the smallish firm has even caught the attention of savvy investor Brahmal Vasudevan, who bought a 5.55% stake in August.

Brahmal, however, has since sold off some of the shares in line with the rising price trend of the stock.

IFCA recently announced that its net profit for its second quarter ended June 30 came in at RM3mil, higher than the RM578,000 achieved for the same period a year earlier.

It is due to announce its third-quarter results on Nov 6.

The Mitsui Outlet Park, a joint venture between Mitsui and Malaysia Airports Holdings Bhd, is expected to open its doors to the public early next year, offering some 140 shopping outlets covering an area of 25,000 sq m.

TheStar

Stock

2014-10-08 09:44 | Report Abuse

very attractive price now~~ :)

Stock

2014-09-25 17:02 | Report Abuse

heading to RM3.26 (year 2007 highest)!!!

Stock

2014-09-24 16:10 | Report Abuse

GST-compliant software market potentially worth RM1.7 billion

The goods and services tax (GST) compliant software market is potentially worth about RM1.7 billion, and Censof Holdings Bhd and IFCA MSC Bhd are among the few public-listed companies to potentially benefit from it, said analysts.

MIDF Research approximated the value of the lucrative market by assuming an average software cost of RM6,000 and multiplying it by the number of yet-to-be-registered GST-compliant companies – 285,000 – which gives it RM1.7 billion.

In its research note last Friday, it said software vendors who provide GST-compliant software can expect a bump in sales come the fourth quarter of 2014 (4QCY14) or 1QCY15 as the slow take-up rate now would result in a pent-up demand since the government is not budging on its registration deadline.

Reiterating that it is positive on the sector, it identified three other public listed companies (PLCs) that could benefit from this, namely Asdion Bhd, DGB Asia Bhd and YGL Convergence Bhd.

Together with Censof and IFCA MSC, they are the only PLCs among the 100 or so authorised GST-compliant software vendors listed on the Royal Customs Department website that small to medium enterprises (SMEs) can choose from.

“However, the PLCs would still need to compete with private entities who are also providing GST-compliant software to secure contracts and a piece of this potential RM1.7 billion [in sales],” said MIDF analyst Martin Foo.

The research house added that as the December 31 deadline for companies with annual sales of over RM500,000 to register for GST draws nearer, software vendors are expected to enjoy brisk sales from last-minute demand for the software.

This could translate into better share price performance and short-term trading opportunities for vendors listed on the local bourse, said MIDF.

Censof, an information technology (IT) software solutions provider for both back-end and front-end products and services, is seen to be a front runner in this as it is a major accounting solutions provider for government agencies, with a clientele consisting of over 100 key government-related agencies and ministries, MIDF had noted in its April 29 analysis on the company.

Meanwhile, CIMB Research, in its research report dated August 27, said IFCA’s revenue in 2014 and 2015 is expected to be driven by the company’s GST software upgrade in Malaysia for its customers, as it is deemed to be the dominant software solutions provider for the property sector, with a market share exceeding 70%.

“As at end of June this year, we understand that only 10% of its customers have upgraded their software, an indication of the immense amount of business in the pipeline for the company over the next few quarters,” said CIMB.

The research house added that IFCA’s Malaysia sales contracts were already at RM42.1 million as of June, compared with RM39.8 million for the whole of 2013.

The Edge Financial Daily, September 15, 2014

Stock

2014-09-24 15:08 | Report Abuse

insider news, 4th Q will have very huge volume order, right before GST, will bring in awesome income to EUROSP, buy before too late~~ ^^

Stock

2014-09-24 11:04 | Report Abuse

Highlights / Stock Picks of the Day - V.S. Industry Berhad (VS) – Trading Buy

VS jumped 6.0 sen yesterday (2.63%) to RM2.34 on high trading volume. Share price has now broken out of a long-term resistance turn support at RM2.23 and there appears to be a white ”Marubozu” candlestick, confirming the bullish momentum. All 3 SMAs are on an ascending trend. Key indicators are also positive as the MACD is closing in on the Signal line, while RSI and Stochastic are pointing upwards, within overbought territory. Should buying interest continue, we expect share price to push towards RM3.26, in accordance with the measurement objective of RM1.04 based on the “Double Bottom” and strong support at RM1.18.

http://klse.i3investor.com/blogs/kenangaresearch/60319.jsp

Stock

2014-09-24 09:09 | Report Abuse

found out someone is collecting at low price (< RM1), should have another uptrend soon~

Stock

2014-09-23 13:25 | Report Abuse

点线精华:威城挑战RM2.55
点线精华 财经周刊 投资观点 2014-09-22 14:57


本周,威城的短期股价趋势,将会持续着上周的利好涨升趋势,尝试于近期上挑短、中期上升目标值,或会介于2.30至2.55令吉。
威城(VS,6963,主板工业产品服股)上周五趁势冒起,近期价量齐升,成为股市受瞩目的股项之一。它的股价趋势于9月19日闭市时报2.28令吉,按周涨10仙或4.59%。
威城的长期月线股价趋势,于近期间突破一道双重底型态的颈线(见威城月线图-A1:A2)后,在这道趋势线上报收。
它已划出一个利好长期反转型态的轮廓。
目前,威城的长期股价趋势,正处于中期颈线线上,取得关键性的技术突破。
它的周线图表趋势,于上周成功突破中期圆底型态的颈线(见威城周线图-B1:B2)后,收在这道趋势线上。多项技术指标的交投趋势,已进入中期技术佳境。
威城的日线图表趋势,沿着一道中期上升趋势线(见威城日线图-C1:C2)上继续爬升。上周,威城的日线走势,成功突破短期顶头阻力线(C3:C4)后,收在这道趋势线上,充分反映这道短期趋势线的利好走势。
技术分析与展望
威城日线分析图刻划出一项技术突破,上破短线顶头阻力线(C3:C4)。短期间,威城的短期技术反弹趋势线,将会继续保持着良好上升趋势。这是一项短线上升趋势的利好排列,也是一项值得投资者关注的涨升趋势。
威城日线图平滑异同移动平均线(MACD),继续处于“0”轴线上,开始向上爬升。它的周与月线MACD,也告纷纷处于“0”轴线上波动,意味着平滑异同移动平均线趋势的涨升行情已显现。
它的14日强弱指标(RSI),于周五闭市时处于74.43%水平。它的14周与14月强弱指标,分别落在87.77%与80.47%水平。
日线分析图表利好格局,已进入技术佳境,威城继续处于中期上升趋势线(C1:C2)上继续爬升,同时它的日线股价趋势,也突破短线顶头阻力线(C3:C4)。
日线平滑异同移动平均线,也处于利好趋势线间,势头因连续数日的红烛直挺后,而进入利好涨升格局。
本周,威城的短期股价趋势,将会持续着上周的利好涨升趋势,尝试于近期上挑短、中期上升目标值,或会介于2.30至2.55令吉。

http://www.nanyang.com/node/650855?tid=687

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2014-09-19 15:03 | Report Abuse

next week most likely will be heading to RM2.50!!

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2014-09-19 15:03 | Report Abuse

US MY rate exchange trend recently strong benefits to VS which doing export market (US & Europe), the following several quarters result will be impress all of us!!

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2014-09-13 07:42 | Report Abuse

http://www.nst.com.my/node/32750?m=1

LISTED companies that provide GST-compliant software are expected to record bump in sales in the fourth quarter of this year and the first quarter of next year as potential market size for GST-compliant software in Malaysia is about RM1.7 billion, MIDF Research said.

“As the Goods and Services Tax (GST) registration deadline draws closer, we are expecting software vendors to enjoy brisk sales in anticipation of pent-up demand for the GST-compliant software,” the research firm said in its note yesterday.

“In turn, it could translate into better share price performance, hence, there may be short-term trading opportunities in the shares of these software vendors,” it added.

A typical software upgrade can cost from RM2,000 to RM10,000.

MIDF said assuming a median software cost of RM6,000 and considering that about 285,000 companies have yet to register, software vendors can expect a sizeable order book of about RM1.7 billion by fourth quarter this year or first quarter next year.

“Our initial check on the official the Customs Department website indicates that there are more than 100 authorised accounting software vendors that SMEs can choose from,” it said.

The vendors include Asdion Hospitality Solutions Sdn Bhd, Century Software (M) Sdn Bhd, DSC Consulting Sdn Bhd, IFCA Solutions Sdn Bhd, YGL E-manufacturing Sdn Bhd and YGL Technologies Sdn Bhd.

Despite the application deadline drawing near, MIDF said businesses do not seem to be in a hurry to register for the eventual implementation of the GST scheme.

It seems only five per cent, or 15,000 of the estimated 300,000 companies, have registered with the Customs for the implementation of GST.

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2014-09-13 00:27 | Report Abuse

商家遲未註冊 消費稅軟件市值17億

報導:張潔瑩

 (吉隆坡12日訊)消費稅明年4月開跑,但商家在註冊一事仍拖拖拉拉,分析師以未註冊商家數量估算,消費稅軟件潛在市場規模高達17億令吉,馬股中至少5家公司銷量預計將在今年底或明年首季勁漲,股項亦倍受投資者追捧。

 MIDF證券研究分析師在報告中指出,5家上市公司分別為啟昌集團(ASDION,0068,創業板科技)、世紀軟件(CENSOF,5195,主要板科技)、DGB亞洲(DGB,0152,創業板科技)、競優國際(IFCAMSC,0023,創業板科技)及YGL(YGL,0086,創業板科技)。

 “儘管政府提供1000令吉獎掖,不過連註冊依然乏人問津,據了解目前國內30萬家公司中僅1萬5000家或5%公司註冊,政府放眼年底前12萬3000家公司註冊。”

至少3個月提升軟件

 報告引述關稅局消費稅組主任拿督蘇巴馬念指出,不會再拖延消費稅落實期限,中小企業需要至少3個月提升相關軟件,註冊最后期限落在今年12月31日,逾期未註冊商家將受懲戒,籲商家們及時註冊。

 以此情況來看,很多商家料臨時抱佛腳,趕在年底前註冊,分析師指出,一般軟件系統提升成本為2000令吉至1萬令吉不等,屆時相關業者銷量將唱旺。

 “若市場普遍提升軟件的成本為6000令吉的中間數,以仍有28萬5000家公司未註冊來估算,市場潛在規模高達17億令吉,如無意外將從今年末季至明年首季之間,陸續反映在消費稅軟件公司財報上,對股項而言亦是短期買進投資良機。”

恐成本高遲未註冊

商家註冊率低,政府批准的軟件供應商坦承,收到的咨詢沒有想像中多,相信大部分已註冊商家並未提升會計系統,關稅局資料亦顯示,商家遲遲未註冊消費稅其中一個原因是認為軟件成本太高,整體使用率仍低。

 報告中指出,政府為提高註冊率,透過中小型企業機構向符合資格中小企業提供1000令吉獎掖,並以電子禮券(E-VOUCHER)形式發出。

 該項基金下共準備1億5000萬令吉待申請,申請截止日亦是年底,不過名額僅15萬家公司。

 “儘管如此,目前該項獎掖也乏人問津,資料顯示共1321公司提出申請,僅714申請者成功獲得獎掖,軟件採用率仍有待加強。”

申請1000令吉消費稅獎掖資格

1. 大馬公民持股至少51%。
2. 製造業:年度營業額少過5000萬令吉或全職員工不超過200人。
3. 服務業:年度營業額少過2000萬令吉或全職員工不超過75人。
4. 上市公司、上市公司子公司、跨國企業、跨國企業子公司、政聯企業、財政部機構(MKD)及州政府公司不得申請。


http://www.chinapress.com.my/node/560072

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2014-09-12 15:09 | Report Abuse

3
Typical customers
Wanda Group
China Ping An Group
Landscape Man Park (LVC) Group
Shui On Group
Zhangjiang Hi-Tech
Hong Yang Group
Tian An China
Lion home
Sunway-ho
Asian International
Pengxin Group
Lippo Group
Hongji Enterprise
Jiangnan MALL
Jiayuan home
Sime Darby Property
......

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2014-09-12 15:09 | Report Abuse

2
Honor
IFCA years to provide customers with quality service and efficient solutions, praised by users. In enterprise rapid and steady development, but also gained great recognition and industry partners, and was granted authority at home and abroad a number of important honor.
Honor
20 years, IFCA cumulative won more than 20 awards at home and abroad. Past success relies IFCA deep understanding of the industry and a strong R & D strength. These will be our future in a more competitive market stand guarantee.
· Malaysia Computer Technology Industry Association PIKOM Annual Achievement Award
· Asia-Pacific IT (MSC-APICTA) contribution awards - Best Travel Asia Pacific hotel industry management software Honor
· Malaysia Computer Industry Association PIKOM IT Achievement Award Malaysia annual IT products
· Malaysia Computer Technology Industry Association PIKOM IT Award
· Malaysia's best computer program consulting company MIDA pioneer status
· Malaysia's Multimedia Super Corridor Information Award
· Ernst & Young Entrepreneur Award
· Deloitte Technology Fast 500
· IBM Industry Solutions Leadership Honor
· IBM Business Partner Leadership Honor new customers
· IBM RISC System / 6000 Best Business Partner
· IBM applications Awards
· IBM customer satisfaction model
· Microsoft Partner honors independent dealers
· Microsoft Certified Solution
· Microsoft Business Operations
· Microsoft Partner honor - the annual independent dealers
· Microsoft "Premier Partner" Honor
· Microsoft Gold Partner Certification
Guangdong Real Estate Association members
· 2007 China's management software industry annual award
---- The real estate industry TOP10
---- Chinese management software TOP100
---- Excellent solution for the real estate industry
· CMMI (Capability Maturity Model) three certified
· Australian golf authorities --GOLFLink recognized third tier suppliers
· 2008 Malaysian Business Awards