Hype or not, go in to listen and decide for yourself. And the results are damn freaking good.

A post results briefing will be held on 20 November 2024 10.00 a.m. which is open to all.
Briefing link inside https://www.klsescreener.com/v2/announcements/view/8442793

RM100m sales hit https://www.facebook.com/share/p/1AgdoD8DQq/

3rd Q results coming real soon, big chance for interim div for first time in history (or 2nd 😅)

"Everyone don’t forget IFCA will have substantial revenue on e-invoice for phase 2 which is around the corner."

This is very true. Software recognition also goes by IFRS work done revenue/profit recognition. On average 1st 50% of Phase 1 are recognized in Q2, 2nd 50% of Phase 1 and 1st 50% of Phase 2 are recognized in Q3.

Q3 is going to be bigger than Q2. My take.

No one talking about govt award contract to IFCA. 1st GST also govt never award any contract to IFCA but IFCA made RM100m sales that year, become RM1b market cap company that year and fastest growing Tech company in the world that year. These are facts. When talk, please give facts.

New tax comes with new process/guideline/rule/interface with Tax Authorities. This is where the money is made. Most likely than not, big corporations would like things to be seamless and automated due to sheer volume and they cannot afford to do manual/semi-manual. Coupled with initial confusing tax guideline, potential penalty of non compliance and solution pushing by tax consultants, its easier to commit on such automation spending. Good old saying, if money can solve, its not a problem.

5 different taxes gonna be introduced. When GST was introduced, all system also got standard tax features built in. But still GST is a bloody big thing. 😆

HVGT coming, also affecting real estate industry.

not an easy feat, bravo https://www.facebook.com/IFCAMSCBerhad/posts/pfbid02mzMAkan1vnXiSsDAux1s2d4Gp6UXpqvzU6JX5XRnQKd47KKEApxWwjLqh5zWSVPgl

Probably menopause or impotent gua, who knows ... 😂

Wah...way above initial expectation. Good set of results.

Scheduled for next week for release of Qtr result

Q2 earnings coming out soon

Its Q2 earnings from e-Invoice is real. Q2 earnings estimated around 2.4mil (Q1 1.8mil) with full year FY24 EPS further estimated at 7.8m. Hoping this estimation is solid enough.

https://www.imghippo.com/i/O9frJ1721966562.jpg
0023 IFCAMSC E-invoice ready with LHDN...hold on tight, zoommmm

Accreditation is only for Peppol Service Providers. Meaning Peppol is the bridge between service providers to LHDN. IFCA is going direct to LHDN, hence does not need accreditation.

Come 1 Aug 2024, every biz news publication will be abuzz with e-invoice. Free publicity. IFCA name will be mentioned alongside Panda, ADB etc. I check back to 1 Apr 2015 GST, in a span of 10 trading days the share price went up 30± sen to RM1.30. So you sendiri make your own decision with this info. 😂 Hope we all win something out of this.

exit first, market erratic, long weekend ahead, may re-enter at a lower price. TQ IFCA

Announcement .... property 365 portal. It is not hard figures, takeover, windfall gain, etc. It is just launching of property 365 and projected business figures. Nothing solid coming yet. Have to wait and see how business will respond to it.

Has anyone asked who is the seller in the Indon deal? There is a difference between 'arms length' deal and 'left pocket right pocket' deal. Becareful if it is a 'cashout' deal. Give it a thought.

http://www.youtube.com/watch?v=8_m-fmkuuUA&sns=em
How much do you think a company like this is worth?

QR minimum 11mil. If you are taking the rocket, pls fasten your seatbelt. Its going to be fast and furious.

Q1 result superb indeed. I said earlier in March, even with no growth based on 4th qtr eps 0.55, this counter is worth RM0.66. With the superb result coming in, should worth more. Buying for announcement, not going to miss it this time.

1st qtr profit RM11mil. Take note and mark it down. $$$

1st qtr result coming out soon! Estimated at least 11mil PAT. Anyone heard anything yet?

GST 6% only on the brokerage fees and not on the value of shares that you buy...

Off loaded at 0.315. Wishing all still on board good luck. Tq Wintoni.

Please note who is the single largest shareholder now. Long term plan. It had just started. See you at ~RM0.60. Today is just 2nd tier shareholder selling out. Restructuring with new MD and greater things to come. Can you smell it?

if EPS 0.55 is sustainable for next 4 qtrs, tp = 0.66. That is with no growth. This video should give an insight on its future growth. https://www.youtube.com/watch?v=UkQSaM43nNw

Full year EPS is 0.90. 4th qtr EPS is 0.55. Please read carefully. At PE 30 times, this share is worth RM0.27. This is not even including FY15 forecast.

All are guessing on what is the BIG thing brewing...financial result due next week...will all be revealed? 0.25 is a reasonable target.

Its now or never. Catch it cheap. Something BIG is brewing.

+1 more month to go before announcement. Load it up for handsome gain.

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IFCA hit 100mil sales for FY2014. What does it mean?

It means 4th qtr sales at least 42mil (Q1 14mil, Q2 18mil, Q3 26mil)
Due to nature of software business % of profit is high once reached critical mass. As human cost is pretty much covered, most of the sales will translate to profits estimated conservatively at 50% of sales.

Hence, we are looking at 33mil profits (Q1 0.4mil, Q2 3mil, Q3 8.5mil) for FY14.

At CIMB 21x, IFCA tp should be at RM1.45 (33mil/477 @ 21x)

50% is conservative = tp RM1.45
60% = tp RM1.63
70% = tp RM1.82

Announcement due in Feb 2015

Good or bad counter, you decide. Unless market meltdown.

IFCA's awesome breakthrough
Celebrating 100mil sales
http://www.ifca.com.my/

The celebration for 100mil milestone was in mid Nov. With more Nov and Dec sales coming in, the figure is definitely 100mil++.

Really a great year for IFCA. 4th qtr announcement in Feb 2015. Accumulate on weakness.

IFCA hit 100mil sales for FY2014. What does it mean?

It means 4th qtr sales at least 42mil (Q1 14mil, Q2 18mil, Q3 26mil)
Due to nature of software business % of profit is high once reached critical mass. As human cost is pretty much covered, most of the sales will translate to profits estimated conservatively at 50% of sales.

Hence, we are looking at 33mil profits (Q1 0.4mil, Q2 3mil, Q3 8.5mil) for FY14.

At CIMB 21x, IFCA tp should be at RM1.45 (33mil/477 @ 21x)

50% is conservative = tp RM1.45
60% = tp RM1.63
70% = tp RM1.82

Announcement due in Feb 2015

Good or bad counter, you decide. Unless market meltdown.

IFCA's awesome breakthrough
Celebrating 100mil sales
http://www.ifca.com.my/

thanks for explanation on warrant conversion proceeds

5 sen is not possible. 458 million shares at 5 sen = RM23mil. IFCA cash only sitting at +- RM30mil. My guess 1.5sen to 2sen.

suspense only

its such a BEAUTIFUL evening today, 10mil profit come baby

As i know announcement is 6/11 not today. Not sure if Ken Young gave wrong info to the edge or not.

announcing dividend very soon

Alpha Trader lol, ifca is just a gst play? nono bro, listen to mr ken yong this morning! he will tell you, nope

He cannot be telling people after GST nothing else to play right? Japan, Mainboard, to a lesser extent China are all smoke screen. GST play is REAL. To make money from ifcamsc, its now or never. The other story are side shows.

IFCA is a GST play. Anything apart from GST (eg. China, Japan, etc) are just far away story. To me just a short and medium term position. I have been following this counter since 2003

3rd Q 10mil, full year easily 20mil. At CIMB 21x, RM0.88.

10mil 3rd qtr ... hold on tight