Pe 44x!

overvalued at 44x PE now. PE 16x only for MDB stocks... Sold all mine the last time at Rm 2.01. The surge in price beyond RM 2.00 could be more to do with a higher then expected USD/MYR, positively affecting the next quarters earnings, and earnings for quarters to come for 2015 or pure front loading. CAUTIOUS!!

Translation of the article in oriental daily...the link posted by LOOK009

TRANSLATION OF THE ARTICLE ABOVE

FINANCE  June 19, 2015
The stock fell fundamentals look optimistic outlook lossless IFCA

KUALA LUMPUR (19 AP) Despite the recent share price slump caused by market concern, however, IFCA International Group (IFCAMSC, 0023, GEM) is still a positive view of prospects for the company, because the company's fundamentals remain intact, and will continue to expand their businesses.

IFCA Group's share price from the high price of 1.84 ringgit on May 18, the retreat to 0.905 ringgit June 15, and in just one month fell 93.5 cents, or 50.8 percent.

In any case, the stock stabilized in recent rebound, today's hot to rise to 1.25 ringgit ended the day trading, big play 12 cents or 10.62%, is the 17th largest audience shares rise; day total of 41,087,900 shares changed hands , it is the fourth favorite stocks.

Similarly, the vouchers - IFCA Group -WA also their mother stocks higher throughout the day from 11 cents or 10.68 percent, to 1.14 ringgit, is a large audience for the first 21 rising stocks; at the same time, the warrants trading also hot volume of 810 million shares yesterday, surged to 15,091,800 shares, was the first 20 favorite stocks.

IFCA Group Chief Executive Officer Yang mirror full today after attending the shareholders' meeting, at the reporter conference that the recent share price decline, the company may be Chief Financial Officer Wu force the resignation was born May 22, as well as the withdrawal of foreign capital from Bursa Malaysia, Shidao Foreign ownership rate in the company's reducers.

He added that, despite this, the company's fundamentals remain intact, with the present situation in terms of development, the company outlook remains positive attitude.

"Chief financial officer to resign was not emergencies, but has resigned a month before the announcement, and the announcement time point just after the performance, so the market has led to speculation."

According to the information provided by the IFCA Group, ended June 12, the company's foreign ownership was 16.55%, compared to 19.42 percent on April 20, foreign total sold 2.87% shares.

Yang mirror full disclosure, the total turnover of the Malaysian market contributed 70%, while overseas markets, compared with 30%. The company will continue to expand into overseas markets such as China and Indonesia.

He noted that IFCA Group will sell existing software and services to overseas markets, and does not stop the development of new software.

Therefore, he believes that in the future more than the proportion of the contribution will be subject to change.

At the same time, Young said the company plans to launch the industrial areas of E-Commerce platform, the goal is to be launched in September this year. In this regard, he said that in Malaysia there are about 2,000 industrial companies, the market potential is enormous.

"In this huge market, the question is IFCA Group to win market share number, so the company's prospects positive attitude."

For May 20 to 32 million ringgit to buy Indonesia IFCACONSULTING Limited (PICI) solutions provider business, he predicted the acquisition will be completed in July this year.

GOOGLE TRANSLATE....19 June 2015

Sent from my Samsung Galaxy smartphone.

1. Stock: [IFCAMSC]: IFCA MSC BHD
May 19, 2015 04:34 PM | Report Abuse

pe is 42x.....the Q1'15 better be good!..... i just sold all warrant, ....wait for Q1'15 b4 buying.

2. Stock: [IFCAMSC]: IFCA MSC BHD
Jan 19, 2015 11:23 PM | Report Abuse

FULLY VALUED BASED ON 21x CY2016 EARNINGS.

3. Stock: [IFCAMSC]: IFCA MSC BHD
Jan 18, 2015 01:57 PM | Report Abuse

At RM 1.00 IFCA is fully valued based on 21x FYE 2016 earnings. It was a good run from 30 odd cents. Everyone made good money from this stock. Now time for a break unless further catalyst arises for re-rating by investment houses

THE NEXT IFCA............ Low pe 17x......tech stocks are around 21x pe. NTA 24c

pe is 42x.....the Q1'15 better be good!..... i just sold all warrant, ....wait for Q1'15 b4 buying.

New CIMB TP ......

Trading at trailing 12- month PE of 1,737x ..... its one thousand seven hundred and thirty seven....!!!!! Crazyy!

&G stocks to fly on Wednesday>> crude oil USD 50

O &G stocks to fly on Wednesday>>>>>>>>>>> crude oil USD 50

http://www.thestreet.com/story/13030989/1/seadrill-sdrl-stock-soaring-today-as-oil-prices-gain.html?puc=yahoo&cm_ven=YAHOO

http://www.thestreet.com/story/13030989/1/seadrill-sdrl-stock-soaring-today-as-oil-prices-gain.html?puc=yahoo&cm_ven=YAHOO

FULLY VALUED BASED ON 21x CY2016 EARNINGS.

At RM 1.00 IFCA is fully valued based on 21x FYE 2016 earnings. It was a good run from 30 odd cents. Everyone made good money from this stock. Now time for a break unless further catalyst arises for re-rating by investment houses

its fully valued at 21x 2016 P/E....... unless further catalysts to rerate it again.

IFCA UMA...... next please!

Scicom shares has recently gone up on thin volume. who's buying/pushing it up????

My EG Services Bhd

By CIMB Research

Add (maintained)

Target price: RM3.90

CIMB Research viewed the Immigrations Department’s move in expanding MY EG Services Bhd’s implementation scope for foreign workers permit renewal (FWPR) system beginning Jan 5, as positive.

This would help track both foreign workers and their employers, although we believe that the authorities will not stop the compulsory usage of MY EG’s FWPR due to its importance in maintaining and updating the foreign workers database, CIMB said.

There is a serious need to track foreign workers in this country, as security has become a major concern, given the huge number of foreign workers (2.5 million legal and an estimated five million illegal workers), it said.

CIMB added that apart from renewing foreign workers’ permits, FWPR would help identify legal foreign workers and employers who hire illegal workers as well as provide a more convenient, and efficient way to renew workers’ permits.

CIMB maintains its financial year (FY) 2015 to 2017 earnings per share (EPS) forecasts, as it had already imputed the deportation costs for the illegals.

It believed that the main parties that oppose the compulsory usage of MY EG’s FWPR services were employment agencies and runners/agents.

FWPR is effective, as it reduces corruption and ‘leakages’ in the system, CIMB said.

It said the successful launch of the custom service tax monitoring (CSTM) project and new developments in its road safety diagnostic kit project are potential re-rating catalysts for the stock, further retaining its add call on MY EG with a TP of RM3.90.

CIMB ANALYSIS HAVE TAKEN RETAIL INVESTORS TO HOLLAND

(1) OH MY ENGLISH .... "SMRT is trading at only 9-11x FY16. P/E. Assuming SMRT’s FY16 net profit to be around RM21m to RM27.5m (without Pro ELT and with Pro ELT) and pegging the value of the stock at 16x FY16 P/E (in line with the education sector), it could trade up to RM1.04-1.38, giving investors 40-86% upside. Potential re-rating catalysts are its transfer from the ACE market to the Main Board and award of the Pro ELT contract" ......... 30 Oct 2014
https://brokingrfs.cimb.com/gxzJUBTgOQBByQJoHSRZVvRi0i56SnpGERnwDti8ff3mMIeGAWZxoHTk2Aok84HR3AetXKIPrmRWNg2.pdf

(2) SMRT - TP RM1.40 / MEGB - TP RM1.18 (by CIMB Head of Research)
http://klse.i3investor.com/blogs/klgemseeker/64740.jsp

Terence WONG, CFA..... CIMB ANALYST
T (60) 3 2261 9088
E terence.wong@cimb.com

My post-bonus TP for MYEG for 2015 is RM 4.00 - RM 5.00. Slow and steady growth driven by its multiple earnings streams..... Stay Invested

CIMB Research remains Overweight on the sector, with Pharmaniaga as its top pick. It also upgraded Hovid to Add. It pointed out that the strong revenue and earnings growth are the potential re-rating catalysts.

1. The weaker ringgit will affect the earnings of healthcare companies as they are exposed to either overseas operations or export markets. Hovid is the biggest beneficiary if the ringgit weakness persists since it derives more than half of their revenue from outside Malaysia

2..Hovid will be the net winner in a weak ringgit environment as the higher revenue will more than offset the impact of GST on operating costs.

Stay invested. It could reach a post- bonus TP of RM 4.00 by year end 2015. So if ur entry cost is RM 3.50 for 1k MYEG........ u r looking at a ROI of 129% for the 2k (inc bonus) u r holding.......

Excellent fundamental drivers for MYEG . Stay Invested and reap at least 35% ROI from MYEG for year end 2015. It could be more..............

CIMB Research ups MyEG target price to RM7.80
http://www.thestar.com.my/Business/Investing/2015/01/07/CIMB-Research-ups-MyEG-target-price/?style=biz

'The stock price has rallied 32% over the past week and it is trading on a trailing PE of 25x FYE6/14 EPS. Based on the Bloomberg consensus forecasts, global peers Accenture, Serco Group Plc and Capita Plc are trading at PEs of 16-17x"
Affin Hwang Investment Bank Bhd

warrant moves with mother always.

ksl looking at 6.20 near term. Based on a PE of 9x eps 68c FY14. Stay safe Stay Invested

KTB will bounce back. Stay Invested Stay Safe

29/09/2014 23:27

KTB will bounce back. Stay Invested Stay Safe

This undercovered GEM has more than 50% UPSIDE!
http://klse.i3investor.com/blogs/benjamin/60635.jsp

Congrat SYCAL kakis. The power of holding and waiting.... a good fundamental stock. Learn also to take profit. Thank you

Congrats all SYCAL and SCICOM holders.....

Good luck ktb holders

4u2c the drop is exacerbated by contra clearing, today being T+3 Sept 17 purchase

I have picked up and will remain invested in KTB as per what I have posted. Besides KTB, I am also an Investor in SCICOM. PMetal,Censof to name a few. Good luck to all investors. God Bless

The majority 75% control/support the price movement. They just paid 62.5c to Affin for KTB shares off market................ just believe!! .

Good luck today guys..........................

KTB will be back>>>>>>>>>> Let the contras out first. Hold on to ur shares and get a big surprise on closing. Cheers

char1234. just hold on to ur ktb. it will bounce back. Read my postings. 52c good luck

Good luck and happy trading tomorrow

The issue price of the rights should be attractive to the shareholders. Generally, the issue price would represent a discount of not more than 30% from the theoretical ex-rights price base. KTB rights offer @10c is a whopping discount of 61% from its theoretical ex-rights price of 26.8c

Shareholders who choose to take advantage of the offer are able to buy shares to compensate for the dilution that occurs when new shares are issued. They can also opt to sell the renounceable rights if they do not want to exercise and profit as well. However,the theoretical ex-rights price is much higher at 26.8c if u opt to subscribe and maximize ur benefit. Consult ur remeiser who will provide the right guidance for further reassurance.

The Rights at RM0.10 per is fixed based on the theoretical ex-rights price of the KTB Shares (“TERP”) which is Rm 0.268. This translates into 52c pre-ex, the support. in reality, the exercise is next year and any prices above 52c could be the pre-ex price considering the market conditions and business developments of KTB. 75% of KTB shares is controlled and the majority shareholders would support the price if need arises.

to be exact theoretical ex-price based on 52c should be 26..8c

char1234 52 ct is pegged.after right issue what is d price

It will 26c post ex

The majority 75% shareholders' financial commitment is there and even higher. It appears that the rights issue is more a financial exercise for the majority 75% stakeholders than the 25% minority. KTB would not have any problems in taking up the minority rights portion of Rm 15m if they control more than 75%. After all they just paid RM40 million for the 64 million shares held by Affin at 62.5 sen /share in an off- market deal. This will put to rest all the anxieties over the rights and minority shareholders.

Concluding remarks:-

(I) Proposed Capital Reduction (10c par value) - good for KTB, as it will wipe out its accumulated losses and enable it to operate from a more profitable platform. Greater flexibility to raise future funds and to implement corporate proposals. More mews to come from this company......
(ii) Propsed Rights Issue: 3:2 appears ok by me as it is at a dead cheap price @eventual reduced par value of 10c, and not at a premium. A whopping discount here.....
(iii) Further complementing the FA is our very own reknowned sifu Skyhawk's TA remark 'KTB hv yet to complete its impulsive bullish wave run :D '.

Good luck guys. Relax and have a nice sunday..... Any queries kindly post..... ' Help Ever Hurt Never'

ktrader; The proposed par value reduction and rights are a combined means for the company to eliminate the accumulated losses and place the group on a platform to fund future growth moving forward.

Don't forget to monitor SCICOM on Monday....... good luck on those holding