Followers
0
Following
0
Blog Posts
0
Threads
209
Blogs
Threads
Portfolio
Follower
Following
2015-06-20 22:36 | Report Abuse
Hi folks, just to add on from the meeting with Ken. He described the last two weeks as the most testing time of his life feeling helpless on the fall of Ifca and being unable to do much. The market has a mind of its own involving factors beyond control. Anyway the shareholders had advised him to look at a buy back scheme and he said he will look into it.
On the foreign funds, he shared with us his what apps message from a fund manager from the U.S. commending him on the pici deal which will be good for future growth of Ifca. Be that as it may, any fund for that matter local or foreign is only interested in profit and protecting its capital. So wise people please trade at your own risk and stay focused on your hard earned money.
As I said earlier, Ken is very passionate and wants to take Ifca to another level and it helps if you are 20 years in the industry. I believe that if he gets the right breaks and with a little luck he is looking at Silicon Valley.
On the CFO, folks let's just close that page as if there were irregularities in the accounts he would have not signed off on the report. So ask yourselves, would you sign the report if you are not agreeable with it.
Anyway good luck everyone including the donkey who is here still and listening to the monkey story on money. The market has a mind of its own despite fundamentals, growth and profit so please trade at your own risk appetite.
2015-06-20 10:23 | Report Abuse
Good morning folks. Had the opportunity to sit down with Ken yesterday after the Agm for a good 45 minutes with some other shareholders. He once again reiterated that Ifca is not just about Gst but is continually working on other softwares to enhance its business further. The ecommers platform expected in July is one very interesting product and they are working very hard including getting customers feed back which has been encouraging on content and pricing. In short it is a mini Alibaba in the making. He is very passionate about what he is doing and a hands-on CEO. Those who attended the Agm got a glance of the ecommers platform. They are the market leader in this product.
Ifca is in profit and he believes that they as market leader have the growth potential to carry.
Further the on going purchase of Pici Indonesia will be a gateway to a new huge market.
The main board listing is on hopefully by early next year.
2015-06-18 17:39 | Report Abuse
Orionpacific n Solidcross
i will be at the meeting too. What to do hard core supporter of IFCAM.
Ozzie, on the MB my guess is that Bursa may want IFCAM to wait awhile longer perhaps early next year before the MB listing due to the current climate. Just my 1cent. lets see what they say tomorrow.
2015-06-18 17:31 | Report Abuse
Bilis Bilis
"shit happens" and all the time.
2015-06-18 07:56 | Report Abuse
Good morning folks. Have a good day everyone
2015-06-17 22:02 | Report Abuse
Folks please trade at your own risk irrespective of the above cimb report. At the end its your call whether to that that risk or not. Good luck everyone.
2015-06-17 21:59 | Report Abuse
Folks please trade at your own risk irrespective of the above cimb report. At the end its your call whether to that that risk or not. Good luck everyone.
2015-06-17 20:05 | Report Abuse
IFCA MSC (Buy, current RM0.91, target RM2.04)
- Selling climax
- IFCA’s share price may have experienced a major “selling climax” on Tuesday, after falling 50% in the past month. As the company’s fundamentals remain strong and unchanged, we maintain our Add rating, EPS forecasts and target price (21x FY16 P/E, in line with domestic peers). Potential catalysts include higher-than-expected take-up rates for SaaS and finalisation of the acquisition of its Indonesia distributor.
2015-06-16 18:41 | Report Abuse
Folks just trying to de-stress from a volcanic today. No offence to anyone but just good luck and happy trading to everyone.
2015-06-16 18:36 | Report Abuse
Come, come now ozzie75, we cant afford another UMA.
2015-06-16 18:27 | Report Abuse
NeverGiveUp
The name Alibaba itself speaks volumes and not forgetting the 40 thieves. LOL.
2015-06-16 18:23 | Report Abuse
bb55, glad to hear that you didn't throw in the towel. But you must stay focused during these trying times. no more traveling for you until you make some money and good luck.
2015-06-16 18:17 | Report Abuse
Bilis Bilis, sokong 1000X. Interesting reply to UMA.
Hope you charge them a fee.
2015-06-16 18:09 | Report Abuse
Chan KS there is no free lunch in the stock market. Everyone is motive driven. If they were so good they shouldn't have let the stock slip so low to force people into major confusion.
2015-06-16 17:58 | Report Abuse
RedEagle your intentions are clear. You missed the boat today. Sad!
Posted by RedEagle > Jun 16, 2015 05:17 PM | Report Abuse
hope tomorrow down to 0.88 before bounce back to 1.20 for afternoon session.. gong gong gong..
2015-06-12 16:52 | Report Abuse
hockhuat, looks like the 0.99 cents didn't materialize today. So what is next?
Posted by hockhuat > Jun 12, 2015 11:25 AM |
99 cents coming afternoon
http://www.thestar.com.my/Business/Business-News/2015/06/12/Why-the-selldown-on-IFCA-MSC/?style=biz
2015-06-12 12:16 | Report Abuse
Nomanland, tq for the info. Looks like i need a mercurial surf board to understand all the waves. Lol.
2015-06-12 08:49 | Report Abuse
Anyway let's hope for the best and prepare for the worst.
Good luck everyone.
2015-06-12 08:47 | Report Abuse
No one put a gun at your head to either buy or sell. It is a decision one makes to take the risk which can either benefit you or make you a lose. Make your own call.
2015-06-11 12:42 | Report Abuse
Elbrutus a very difficult call to make right now but you have to stay fully tuned either way. Just my two cents
2015-06-11 12:39 | Report Abuse
Ozzie i am with you and subscribe to your principles as stated above. Good luck to all stay alert and focused during this trying period.
2015-06-11 12:32 | Report Abuse
Any counter comes with its own risk more so during this bearish moment worldwide.
2015-06-09 19:26 | Report Abuse
invest2mil so when is the target price of RM1.00 due? whats the concern?
2015-06-09 19:22 | Report Abuse
Some people here are sooo..... negative about ifcam but still want to waste sooo.... much time hanging around it. why waste time on this stock if you are so negative and not interested. It's obvious that they want to buy in but at cheap sale price. Please be happy and go buy your happy stock and hope you make money in this bearish market.
2015-06-09 14:58 | Report Abuse
Cooling dont waste your time here. Go buy a stock that make u happy. Goodbye
2015-06-09 14:55 | Report Abuse
Nanaour, you may be right. But for all you know they may be already out.
2015-06-09 14:46 | Report Abuse
So alibabacoming here to tell people to sell so that he can buy. Nice!
2015-06-09 14:31 | Report Abuse
Still around tanbb. Game over or not???
2015-06-09 14:22 | Report Abuse
Agreed. Don't unnecessarily creat panic.
2015-06-09 14:14 | Report Abuse
Game over so what r u doing here tanbb? Go find another game n stop the bull shit here.
2015-06-09 14:05 | Report Abuse
So roadtax3, what shall we do? Buy or don't buy?
2015-06-09 12:51 | Report Abuse
ozzie75, i concur with you. tq. so folks please trade at your own risk and good luck to all.
2015-06-09 12:46 | Report Abuse
Yes Raydiant the world markets are currently bearish and i concede on that score.
But defaming a stock with reckless and unfounded remarks can lead certain people facing a defamation suit sooner or later. so reckless people please be advised accordingly.
2015-06-09 12:39 | Report Abuse
Guys, on the one hand these people make remarks that the stock is only worth 0.50 but on the other hand they still hang around the stock and make comments when its 1.30 or more. just ask yourselves why. would you waste your time with something you are not interested in.
2015-06-09 12:29 | Report Abuse
So abcd, i suggest you go buy the stocks that are under valued and stop wasting your time here. Great investors pray do tell me a good cow that is producing good milk in this market climate. Top gainer Globetronic is now only 0.18.
2015-06-09 12:22 | Report Abuse
admitted it guys you still here to feed on the weak by asking them to sell so that you can buy
2015-06-09 12:19 | Report Abuse
So abcd basically you are interested to buy?
2015-06-09 12:11 | Report Abuse
oops! the million sellers just disappeared as soon as it appeared.
2015-06-09 12:09 | Report Abuse
people who have no confidence in this stock should just find a stock they are happy with. why waste your time here. it is obvious if they are still around they want to collect it
Stock: [IFCAMSC]: IFCA MSC BHD
2015-06-21 00:29 | Report Abuse
Ozzie I was waiting for your usual response
Confident - invest
Not confident - don't invest.
Elbrutus, if you want to invest you must be vigilant and focused during trading hours to take immediate action in this unpredictable climate. Just my 1 cent.