Anyway...30% of net profit for a MSC tax exempt year will be high...This generous policy will be well received by institutional investors..It suggest huge profit & good cash position ...just another reason for a higher price adjustment..as they said worry not how high it can fly but that it will fly...Huat liow

wow…30% or 3 sens…this only means the profits are just beyond our own projection…extremely huge..

Holy Musang King…our price calls are all off…don't sell don't sell…

Smurfbee...as always Helpful Ozzie come to our help...the scores mean you are in safe hands and the stock is not any fly by night Togkat Ali store...

Good Question Smurfbee...I do not know of any counter which has been given a highest rating..a Triple A...like Nestles..I believe it may be measured to 5...(have to check send an email to the editor)..Anyway do not forget IFCA is an ACE counter and cash position could be 10 sens per share (AT said this and I believe that is possible only need RM 60+ million),.. no borrowing especially when interest rate may be rising shortly...Q2 2015.and most important of all its product revenue are "SCALABLE".....ANYWAY to me it means Strong And Going Forward..

On GST...you are right that no cancellation or deferment...but my hope for Nazid is to announce that GST will start from 4% in 2015...pray for this..

Ozzie75...Thanks...cannot resist repeating the importance the analysis by Edge based on their score and weighting...

Highlighted .... Edge Fundamental score is 3 and valuation score is 1.5

(Note: The Edge Research's fundamental score reflects a company’s profitability and balance sheet strength, calculated based on historical numbers. The valuation score determines if a stock is attractively valued or not, also based on historical numbers. A score of 3 suggests strong fundamentals and attractive valuations.)

FX Lee..."looking towards establishing" a dividend policy is not an announcement of dividends which must come from tax credits which must have been franked...but truly they have a huge cash coffers to distribute..they also need cash for M & A....Ken Yong has to be careful in this type of disclosure/interviews....which could go against the listing rules...Anyway if IFCA declares 3 sens that is fabulous..2 is satisfactory...1 sen is d minimum

Any dividend policy must be practical and sustainable...my bet is 1 sen annual and 1 sen special bonus...= 2 sens


interesting.... discount on warrants is narrowing...

Ozzie...SC has to come from SC...either IFCA report what they have done with the cash deposit or SC will wait for the next Q...I would prefer that to be another catalyst for a spurt in the near future...don't waste the bullets...

Pujut...your google translation from mandarin to English killed at least a million of my brain cells...but thank you for the effort on Sunday...Edge Financials has the original interview script...

happy trading CKwong...remember the stock market is not a casino...your broker will love you truly...for every 1 sen you make he made more...

The profiles of substantial investors hv indeed changed for stability...Yong Bros 50+% institutions >25% ..free float 20%...with good organic growth...visualise what supply demand push will do to the price...1.25 no sweat by end Jan to Q4 announcement...I just love this stock..

Read Edge....reported dividend policy may be 20%...

Warrant will hv upside if mother share is rerated. ..

soul

Is the spokesman from IFCA not replying to the UMA...the longer the delay ...some poor sole will lose money because he is a contra player...

AT ...you have the answer...UMA is normal in a disclosure base regime...they have to ask and you have to deny any knowledge unless you know something ...then things go back to normalcy...

I have no problem with the UMA..at this moment no need to earn the extra k...riding along fine..

Ozzie...IFCA has done likewise...Conventional deposits to islamic money market products...maybe islamic funds joining the fray now...how nice so many fund managers chasing little "lenglui amoy chai"

the significance of this morning trade is the high volume...it is not the uncles and the aunties but funds buying...and keeping...the base at RM1.0 will be set in stone as a memorabilia of adulthood of an ACE on 15.1.2015....

Good morning to u too Ozzie..

Slept well???

Be happier tmrw..good night

Smurfbee. ..you remembered....I bottom fished from 74 sens for main share & 61 sens for warrants..& dare not buy at 55 sens at the bottom....indigestion stepped in but remained true to the leadership of Ken Yong..I believe I may be listed as a substantial shareholder for 2014 Annual Report...yes I am still holding but have decided to be "greed averse"...

TP must be logically explained & not a gut feel...I am trying to get the assumptions RHB uses to reach 1.60...If I get it I will share for sure..

region…Taka …Ozzie…AT….Nomanland.....hope it will go to 1.10 and start to level at that range..l where old stale investors exit and new buyers ( funds ) come in…the scenario is no longer the EPS which could be about 0.04-.05 sen per share BuT on which guru dictates what is the ideal trading PE for IFCA…being conservative I would put 25x as the base case…0.045X 25=1.125…

an optimistic case based to include the Projected earnings for Q1 2015 would be 0.05 X 30 = 1.50…

Wonder how many of you will have sweet dreams…hahahaa

AT….. Merger & Acquisition will depends on whether it is a good synergic buy or waste of $$$..but you are right it would also add a few sens to the price…at least the rumours angle...

sorry demand weakens

region…no need to worry about oil…soon they will cut production as demand ceases and shale producers default on their debts…price will stabilize ..DJ is another matter all together..good thing is no rate adjustment for this Q..

There are other risks but "metal bull" may be going overboard..but I like it..hahaha..

People take heed …you will be entering a new zone where trading is now @ 1 sen per buy/sell…and lots of funds managers coming in trading on significantly high volume..

Nomanland…will check the charts later…more interested in AT's logics

AT…I heard from a very close friend who said that RHB put new TP at 1.60 similar to yours…
1. If Q4 is =>12 mil …only official on 2.2.15
2. If Dividend is declared @ +> 1 sens…only after audited accounts and paid after AGM…around.. April 2015.
3. Application to MB if approved by SC/Bursa…officially also around April or rumours maybe earlier.

So we have to take each stage a step at a time…which is if (1) happens (2) is a certainty…(3 )depends on their financial advisor on how convincing their projected sustainable income will be in the ensuing 2 years…given the soft world economy can they convince the Authorities ??

Friendas… happy thoughts anyway ???...

Hey Nomanland...all coloured lines above the zero based and still climbing...TP is now a matter of a function of the prospective PE to be assigned by the investment community...we just watch and wait...TQ for keeping track...Bollinger bands also healthy and narrowing to merge...

Happy occasion...signs showing funds still buying...

watch the warrants...with all the conversions soon demand will outstrip supply and the premium will switch...

while the frenzy starts again...here is my two sens worth for those who missed the gravy train...if TP is 1.15 it is not worth chasing for only a 15-20 percent...but if TP is 1.30-1.40...your risk rewards percentage improves...buy with your brains and not with your hearts...

No support required...it has gathered momentum...

guys at this stage you are buying along with other fund managers...lots of them are coming on when the market cap of IFCA passes RM 500 million...RM 1 no sweat...told you Don't Sell Don't Sell...Brent price has bottomed...cut back in production is starting...rates staying put for this Q...and more important for 2015 Chinese New Year Run....

Do not sell...I repeat do not sell...It will pass Rm1 by this week...

Follow thru buying interest predicted today for IFCA...TP 1.00

Blue sky for believers

@ckwong....ifca is software provider...halal only they are holding too much cash deposits earning interests which is against Islamic principles...You will find that Islamic principles allow a small portion of a Co revenue to be from interests...In IFCA case they were said to have 30-40 million interest earning cash deposits.

Question is whether they have switch their conventional deposits into Islamic Money Market instruments...I believe they have..but why no announcement??? Syariah compliance is to be decided by Securities Commission Syariah Advisory panel & this will be determined by a evaluation of IFCA financial. .

I understand SC only meet 2 times a year on this matter.. I believe any announcement will be in April 2015 by SC..It is a good thing for another stage price push...just diaries this...

2014 profit locked in [✓]
Q 4 report early Feb [✓]
Dividend yielding [✓]
Main Board [✓]
profit more than Rm 25 mil [✓]
profit Sustainable [✓]
Syariah Compliance [✓]
Shareholders profile [✓]
Cash position [✓]
warrant Conversion [✓]
M & A potentials [✓]

price run .. .half way up ....Cruising

The way they are gobbling at 92... Says that tmrw will be 1.00..BTW..Hope is free ..

ALPHA....1 Jug that it will be 1.25 by end Jan...irrespective of external events...

more briefing engagements by IFCA to more fund managers arranged by Maybank Securities, Kenanga and RHB...wow...more demand and soon not enough supplies...a good situation to have...beyond RM 1 no sweat but how much more is lottery...1.24 or 1.50???

All excellent thoughts...

AT...I caught a small down trend...sold and cover back....costs is even lower now....staying under the radar is better than any shout about ....the uptrend is here for sure...EPF & more funds...stable profile of shareholders...2015 will be a good year....

2014 profits has to be at least Rm25mil....& dividends....main board...M&A possible too with their cash reserves...what a splendid thought process...

Happy new Year Ozzie, Taka...AT, Nomanland ???and all my friends in this forum...

Taka....did you notice CEO THUMB pointing to the sky....Rm 100million sales...I cannot imagine what the profit is like...less development costs & selling costs....mind boggling...

Good call Alpha T....I did not buy last week...but I did not sell either...also a good call...hope all of us can meet to drink a glass of champagne together...soon..

Welcome 8w...don't know lah....we are only selling when it reaches Rm1.0+...good luck

Be happy guys....we r on the gravy train together....look beyond the horizon...no regrets..history is but lessons learnt...the future is a happy land..onward we charge together...

Nomanland....is the FVE lines ABOVE ZERO NOW AND CLIMBING..??

Ozzie...don't get excited....enjoy your ride with Santa into 2015...wait and your presents will appear before you...

I would like to share an old comment sent during our bad days & I m amused like you about those "SLK"...HAHAHA

Our days are here again...Blue sky...




Ozzie75...let me share with you what a famous investment guru told me during the Asian Currencies crisis...look not into the short term for there is chaos all around...look but slightly beyond the horizon and see how beautiful the change has brought to the world"...So I say to you Ozzie 75 my friend...Look beyond into the distant horizon as it approaches...Q4...Dividends...MB...and more stable investors...new shareholders EPF included...

lose not the faith you have for you were not wrong in your reading but external factors are that part nobody can foresee ...that is why there is no risk free investment...

Cheer up my friend...your days will come...this time even the like of Calvin, Opitmus and Mercury...may be on the same wagon...unless they are dumb...imagine how funny this will be ? hahaha

TQ Nomanland....two interesting features on the Bollinger Bands... the Standard Deviation line actually connect with the upper band and the lower band is hooking back to the same line albeit from a lower bottom...the bands actually showed an attempt to narrow until the week that was when the whole world crash due to the crude oil plunging prices...

I also see the red line in the FVE definitely moving on course to pass the zero line and this could happen tomorrow...a very positive news

@ Ozzie 75 Unless another catastrophic event occur I believe it will be a very happy Christmas and my first time-line will occur...recovery and window dressing to end 2014...

@ pdtan..this time your good friend EPF will put some dry powder on our darling counter...

@ Alpha Terader ....Given that we will be into Christmas week, it would not surprise me if the Management of IFCA already have their estimated profit in hand as they prepare their 2015 budget.. they should know their performance for Q4...subject to final audit they also know their 2014 profits only a matter of what to declare....and my bet is it will exceed RM 25 million for the whole year....Q4 would then be ...RM xx Million..(AT please fill in the blank)

i won't be surprised if they have been invited by funds who want to know more about their business the next two to three weeks.....and I would be annoyed with their Corporate PR person if he has not solved their Syariah Compliance matters...just transfer all interest bearing deposits to Islamic money market instruments...and let Syariah Advisory Council in Securities Commission put them back as Syariah Compliance..

Congratulations to those who bought in at the lowest point yesterday and also have the guts to go in today...for those who sold low and are thinking of buying at a higher price than what they have sold...it is a tough decision both when you decided to exit and now to come in...have a brave heart

Good News are on the way..

Bzhal.....technically your broker will be suspended & you will be charged for short selling if you sell without ownership of the relevant share scrips....short selling is illegal....do not try it at all...

nomanland...can you present your FVE and let's see where the lines are now....?????

Calvin...I can tell you don't like ACE counters...still old fashioned...but good luck to your counters too...we need everything to return to normalcy so that sentiments will return...

From one old folk to another...as long as you don't talk gibblish nonsense I do like your humour..

Cheers..

Ozzie...everything is politically connected...good spirit during Advent should be present but who can tell...maybe Putin will call Obama and `Obama will call his OPEC friends and tomorrow everything will be honky dori ...I Say MAYBE..

Local scene has not changed ...

Nancy...first they have to stablilise the ringgit.....and they have..they did not made it non legal tender outside Malaysia like in 1998..that is good to the international community.

Brent oil is stable at USD 60 per barrel...and will fluctuate around this level before it will go up again to maybe 70..in the short term...this meant that our own fiscal budget will not be so skewed...

Now We also welcome Calvin Tang into the investing community of IFCA for indeed he has bought into IFCA...AND he is making some money...no other reason for being cheerful as he also must have got rid of the monkey on his back ...BCorp...

Stay on course folks Q4 is ending soon and good news will be with us...Go back and refer to my timelines for IFCA

to give a more objective coverage on the matter here is something I picked up last night with some Investment managers....

the KLCI will be swinging up and down until the balance is found...Foreign funds are liquidating blue chips and local funds are also doing likewise to prepare for dividends payout as others are buying in to cherry pick.....it is a war out there...this will eventually stabilise...if you have eagle eyes you should be able to pick winners but don't trade because it is all guess works at this moment..meanwhile finally got news that BNM is defending the Ringgits..at least Ringgit is stabilising...

From the look of trading today I HOPE that IFCA is finally bucking the trend...and yesterday buyers were long term players including EPF & not traders..

Ozzie75...let me share with you what a famous investment guru told me during the Asian Currencies crisis...look not into the short term for there is chaos all around...look but slightly beyond the horizon and see how beautiful the change has brought to the world"...So I say to you Ozzie 75 my friend...Look beyond into the distant horizon as it approaches...Q4...Dividends...MB...and more stable investors...new shareholders EPF included...

lose not the faith you have for you were not wrong in your reading but external factors are that part nobody can foresee ...that is why there is no risk free investment...

Cheer up my friend...your days will come...this time even the like of Calvin, Opitmus and Mercury...may be on the same wagon...unless they are dumb...imagine how funny this will be ? hahaha