sell on news?...shooting up to 30% today..and tomorrow continue up

A GST play, to benefit from the property industry spanning upgrades for GST.

Massive jump in earnings expected; IFCA is ready to reward shareholders.

We value IFCA at MYR0.42, based on 14.5x FY15 PER. The stock is an under-researched gem.

What’s New

IFCA is a business software solution company specializing in the property industry. It has a monopoly-like business model with 70% market share in the Malaysian property software industry.

IFCA is the biggest beneficiary of GST implementation in the property sector. It has chalked up higher sales contracts in 1H14 of MYR42.1m at its Malaysia operation alone (2013: MYR38.9m) on upgrades in IT systems by the developers. As only 10% of its existing clients have upgraded/are upgrading their software for GST implementation, we see enormous potential for IFCA.

IFCA is also reaping the fruit from its aggressive expansion in China over the past ten years. Its China operation is expected to record strong double-digit growth in sales/earnings; it will likely overtake its Malaysian business as the key earnings driver by 2016-17. The company is ready to reward shareholders with dividends/free warrants. It also plans to transfer to the Main Market.

What’s Our View

Based on our back-of-the envelope calculation, we project a strong 406% growth in FY14 net profit to MYR8.8m, and a 50% growth in FY15 to MYR13.1m. These are premised on strong contract sales and improving net margins. As at June 2014, balance sheet was clean with a net cash of MYR30m or 6.7sen/sh.

Pegging it to 14.5x PER (10% discount to the average of peers of 16.1x), we derive a fair value of MYR0.42 for IFCA.

Source: Maybank Research - 25 Aug 2014

Don't wait until last minute to register for GST - Ahmad Maslan http://www.mysinchew.com/node/101177
Don't wait until last minute to buy IFCAMSC warrant, execise price 0.1...still low premium

current price 0.31..still have 35% room to go up

this time huat loh..0.42..still got room to go up.

going up

iris sleep too long..any chance for going up is all depend on good quarter result which is next week.

http://bonescythe.blogspot.com/
I believe BJAsset will be a very worthy company to be invested in for the long term based on
- Grossly huge discount of 75% at RM 0.94 based on RNAV of RM 3.80.
- Emergence of strategic influential stakeholder (Sultan Ibrahim) in Berjaya Times Square Sdn Bhd.
- Strong solid business background with huge financial capabilities in undertaking huge projects.
- Exposure in Johor most strategic location with Duty Free Zone.
- Berjaya Waterfront's close proximity to Iskandar and Singapore.
- Upcoming projects development worth more than RM 5billion.
- Berjaya Waterfront to be a huge entertainment city with high end hotel, residences, restaurants and clubs.
- A very high chance possibility of slot machines area to spice up the entertainment city, which is further backed by insider sources.
- High possibility of joint venture with Atlan Holdings Berhad to develop 4.285 acre of land


look at BREM and KSL.. Time will tell BJAsset success story

1.1 is coming...if today can break..Monday sui sui ..

lets people throw...so i can buy cheap for another round..
tp 0.6

1.08..

bonescythe...wah "potential limit up".. thanks first

another round to buy low?

who care UMA..now is small fish buying up for uplifitng...then MARA, LTAT, EPF..come and buying..
buy at own risk.

buy and hold..train to 0.6 again

if u miss 0.6 last time, this is the time to buy at cheap...

today close 0.52..tomorrow gap up ...buy at own risk

yesterday limit down...today limit up?

sapu sumatec...0.6 coming again

glotec..start to move..

if 14 cents kena sapu...another sumatec coming

later will fly..

Lucky i greedy on glotec, sold all my warrant at 0.53 and buy glotec 0.123 average price. Tomorrow glotec continue up, buy rate 68.8% only little volumn sell down glotec when every panic on penny stock market

Heard is margin call on maybank securities cause sumatec, pdz and marco collapse...which indirectly influnce all penny stock collapse..

alots of people still hold the share...only some people sell down..and buyer waiting to collect cheap since others counter big drop..hope tomorrow will up.

this is the goods news...today UMA because Bursa want to cool off the market..but look at buy rate 67.8%

We refer to the announcements dated 8 August 2014, 12 August 2014 and 18 August 2014 in relation to the Subscription (“Announcements”). Unless the context otherwise requires, all expressions used herein shall have the same meanings assigned thereto in the Announcements.



On behalf of the Board of Directors of GFB, we wish to announce that NCE had on 19 August 2014 completed the due diligence on NGY Group. NGY, JCM Auto Components Sdn Bhd (“JCM”) and NCE had on even date entered into a Share Subscription Agreement for the subscription by JCM and NCE of 41,666,667 NGY Shares (“JCM’s Subscribed NGY Shares”) and 41,666,666 NGY Shares (“NCE’s Subscribed NGY Shares”) at A$0.03 per NGY Share (“Placement Price”) for A$1,250,000.01 (“JCM Subscription Amount”) and A$1,249,999.98 (“NCE Subscription Amount”) respectively. The total of 83,333,333 NGY Shares subscribed (“NGY Subscribed Shares”) will raise A$2.5 million representing about 19.9% of the enlarged share capital of NGY. The Deposit (paid by NCE) will be utilised against the NCE Subscription Amount. Within 2 business days from the receipt of the JCM Subscription Amount and NCE Subscription Amount, NGY will issue the JCM’s Subscribed NGY Shares and NCE’s Subscribed NGY Shares to JCM and NCE respectively. NGY will then within 2 business days from the issuance of NGY Subscribed Shares, apply to ASX for quotation of the NGY Subscribed Shares.



Copies of the aforesaid Share Subscription Agreement may be inspected at the registered office of GFB at Wisma AIC, Lot 3 Persiaran Kemajuan, Section 16, 40200 Shah Alam, Selangor Darul Ehsan during normal business hours from Mondays to Fridays (except public holidays) for a period of 3 months from the date of this announcement.


This announcement is dated 19 August 2014.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/1713693

they want to flush the contra and collect more..

glotec today up with good news..the buy rate still 67%, to to collect at low

buy Glotec..tomorrow up again

big boy create volumn to support at 0.135..tak takut UMA..today close 0.14..tomorrow gap up 0.15..
happy to join at 0.12

hope tomorrow limit up again

sold some sumatec..and buy glotec..glotec uptrend

and i believe mother share will go higher since big boy collect alots and higher than adjusted price..lets the big boy goreng the share..this week is penny stock week..

warrant should worth more than 30% premium..0.21 and above.

tomorrow warrant listing..look like will goreng up..since mother share still maintain the adjustment price

hope today limit up close higher than 0.65

average up...more to come b4 uplifting

look like sumatec price will higher than CLIQ 0.64 this week...hope next week can more than REACH 0.695...Huat ah for sumatec investor

stonenut from sumatec said buy should buy loh..

warrant listing should around 20 Aug or 21 Aug

warrant run faster than mother..mean good sign..

this week 0.60..quarter result out 0.8, lifting 1.80..in my dream..

hold tight tight..good counter b4 bonus issue wil go higher, hope can hit TP 8.00 b4 bous issue.
aluminium price yesterday is 0.9077, highest in 2014.

the link is Joel link as posted just now
http://www.thestar.com.my/Business/Investing/2014/08/13/RHB-Research-maintains-Buy-on-Press-MEtal/

RHB Research has maintained its Buy call on Press Metal with a fair value of RM8.30 from RM7.38 and continues to like the group as it is a world-class low-cost smelter in the first quartile of the global cost curve that is set to leverage on the bottoming out of aluminium prices.

In a note on Wednesday, the research house said besides improved profitability, its loan repayment using proceeds from the disposal of a 20% stake in Samalaju smelter had cut its net gearing to 1.08 times from 1.83 times in 1QFY14.

“Press Metal’s 2QFY14 core net profit doubled on-quarter and tripled on-year to RM60mil.

“The successful re-commissioning of its Mukah smelter and the full operation of its Samalaju smelter from April 2014 were timely to ride on higher all-in aluminium prices, which rose 10.3% on-quarter and 4.2% on-year to an average US$2,168/tonne in 2QFY14,” it said.

Besides posting strong 2QFY14 results, Press Metal’s board has proposed a 1:1 bonus issue to reward its shareholders and improve its shares’ liquidity.

“In addition, its board has proposed a second interim dividend of 5 sen per share, which we think is a good practice to reward its shareholders on a quarterly basis.

“Going forward, we expectthe company to record core profits of RM80mil in 3QFY14 and RM90mil 4QFY14, with quarterly profit to normalise to around RM94mil in FY15based on our all-in aluminium price assumptions of US$2,300/US$2,365/US$2,400 in the corresponding periods,” it said.

with all the goods news of dividend, bonus issue, good quarter report....all show that aluminuim price surge help Pmetal pricing...another month the price will better than current price. Buy now and hold ..sooner or later big boy will start to push it go to another level b4 bonus issue

hope is 3 days rally like last time...

if today can close above 0.53..tomorrow gap up..0.6 is coming..this week

http://masterpang.com/SMStock107
目前炒股之皇SUMATEC近期将脱离PN17，这只股票已经消息满场飞，有消息股价会飞到RM2.00，您信吗?