IFCA MSC BHD

KLSE (MYR): IFCAMSC (0023)

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Last Price

0.515

Today's Change

-0.005 (0.96%)

Day's Change

0.51 - 0.53

Trading Volume

1,886,800


61 people like this.

53,140 comment(s). Last comment by NatsukoMishima 6 days ago

Novice296

134 posts

Posted by Novice296 > 2 months ago | Report Abuse

@kusatsu check message above.

PJ2021

30 posts

Posted by PJ2021 > 2 months ago | Report Abuse

Investing_Bursa I am sure Yr kuku chow sure intact.

Posted by Investing_Bursa > 2 months ago | Report Abuse

Hahaha…. Lets go back above 0.70!

Posted by Investing_Bursa > 2 months ago | Report Abuse

Wow. 0.70 !

Posted by Investing_Bursa > 2 months ago | Report Abuse

Let’s go!

Posted by hammertime > 2 months ago | Report Abuse

Q2 earnings coming out soon

Posted by Investing_Bursa > 2 months ago | Report Abuse

Wah so quiet here ….. be patient sikit . Now building base for next upleg

Master

203 posts

Posted by Master > 2 months ago | Report Abuse

should be shoot up in next 2 days.

ElizaWong

620 posts

Posted by ElizaWong > 2 months ago | Report Abuse

If Q2 results re good, then it will shoot up 🙂

Master

203 posts

Posted by Master > 2 months ago | Report Abuse

look like QR result release soon....today start slow move up... buy buy buy....

Posted by Investing_Bursa > 2 months ago | Report Abuse

Lets go!

Posted by hammertime > 2 months ago | Report Abuse

Scheduled for next week for release of Qtr result

Posted by Investing_Bursa > 2 months ago | Report Abuse

Lets break 70 and go higher !

Posted by Investing_Bursa > 2 months ago | Report Abuse

Lets go!

Posted by Investing_Bursa > 2 months ago | Report Abuse

Technicals are improving. Looks good !

ElizaWong

620 posts

Posted by ElizaWong > 2 months ago | Report Abuse

Uptrend resumes

Master

203 posts

Posted by Master > 2 months ago | Report Abuse

what is the TP ? RM1 or RM1.2 ??

Posted by Investing_Bursa > 2 months ago | Report Abuse

Let it retest last high of 0.90 first la…. Teng ti lei

Yes8818

18 posts

Posted by Yes8818 > 2 months ago | Report Abuse

Wa....Great result wo.....

Posted by Investing_Bursa > 2 months ago | Report Abuse

Hahaha 5.5mil profit ! Tomorrow fly d

Posted by Investing_Bursa > 2 months ago | Report Abuse

They shd pay me for promoting so hard ! 🤣🤣🤣🤣

Posted by hammertime > 2 months ago | Report Abuse

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

cbkia4896

935 posts

Posted by cbkia4896 > 2 months ago | Report Abuse

good qr, price will fall, bad qr, price will up one, welcome to bursa

Posted by Investing_Bursa > 2 months ago | Report Abuse

Teng ti lei, some will sell after news. Later will go back up . Steady bom pi pi

hueyyng27

298 posts

Posted by hueyyng27 > 2 months ago | Report Abuse

what is the next TP?

Posted by Investing_Bursa > 2 months ago | Report Abuse

Let it break last high of 90 first

Volz4321

95 posts

Posted by Volz4321 > 2 months ago | Report Abuse

Fly tomorrow?

hueyyng27

298 posts

Posted by hueyyng27 > 2 months ago | Report Abuse

may be will continue to consolidate for a few more days?

ElizaWong

620 posts

Posted by ElizaWong > 2 months ago | Report Abuse

Sensing it will pass 70 sen tmr

Posted by Investing_Bursa > 2 months ago | Report Abuse

Teng ti lei ….just be patient . Even better can add if you want

Posted by mikewazowski > 2 months ago | Report Abuse

Bosses still relentlessly collecting

Posted by Investing_Bursa > 2 months ago | Report Abuse

Next few qtrs going to be solid . So good time to add

Sword

1,478 posts

Posted by Sword > 2 months ago | Report Abuse

Should come back soon

Novice296

134 posts

Posted by Novice296 > 2 months ago | Report Abuse

Avid traders on IFCA stock, not worth holding. actual price value 0/30-0.40. The price went up each time there is good demand of development such as the government's policy like einvoice. Then it waterfall to rock bottom again. Time to exit imho. gud luck

Posted by Investing_Bursa > 2 months ago | Report Abuse

I cut my kukuchow if goes back to 30-40 in these 2 months

Posted by Investing_Bursa > 2 months ago | Report Abuse

Lol

ElizaWong

620 posts

Posted by ElizaWong > 2 months ago | Report Abuse

Anything can happen, Investing_Bursa 😆 You sure you will cut it?

Posted by Investing_Bursa > 2 months ago | Report Abuse

Lol…. Ya I willing to bet on this !

Posted by Investing_Bursa > 2 months ago | Report Abuse

Wah fire sale today . My kuku chow can tahan or not ? Lol… we see lor

Posted by Investing_Bursa > 2 months ago | Report Abuse

Sin Chew News: IFCA Q2 Results
revenue soars_Cover-01
Kuala Lumpur, 20th August – The significant increase in revenue from Malaysian operations has driven IFCA MSC Berhad (IFCAMSC, 0023, ACE Market Technology Sector) to report a surge in net profit for the second quarter ended June 30, 2024, rising by 893.51% to RM5.514 million, compared to RM555,000 in the previous period.

Net profit for the first six months also jumped by 765.13% to RM7.319 million, compared to RM846,000 in the previous period.

The second quarter’s revenue increased by 56.86% to RM29.151 million, while revenue for the first six months grew by 32.49% to RM47.724 million.

IFCA MSC Berhad announced in a statement that the increase in revenue for the first six months was mainly attributed to contributions from Malaysia (71%) and Indonesia (5%), despite a decline in revenue from China (9%).

Revenue from Malaysian operations expanded due to the acquisition of new customers, software upgrades, and increased orders and billing for e-Invoicing compliance, while revenue from Indonesia continued to grow.

As revenue increased by 32.5% in the first half, operating expenses only saw a slight increase of 6%, leading to higher operating margins and profitability.

Looking ahead, the company stated that its Malaysian operations have been actively conducting nationwide e-Invoicing campaigns since the beginning of this year, which received overwhelmingly positive responses, significantly boosting e-Invoicing orders and more than doubling sales orders.

However, the China operations continue to face challenges due to difficulties in the property sector.

As of June 30, the group’s order book stood at RM47.3 million, and the board is optimistic about delivering a stronger performance in the 2024 fiscal year.

Source: https://www.sinchew.com.my/news/20240820/finance/5856471

Posted by Investing_Bursa > 2 months ago | Report Abuse

Malaysia weighs bringing back consumption tax to boost finances — Bloomberg
By Netty Ismail, Ram Anand & Niluksi Koswanage / Bloomberg
28 Aug 2024, 06:24 pm

main news image
There is an emerging view in government that imposing GST may be politically easier than removing subsidies for popular RON95 petrol since the Southeast Asian country is an oil producer and most Malaysians consider cheap petrol to be a necessity, people familiar with the matter said.
(Aug 28): Malaysia is weighing the return of a broad-based consumption tax instead of implementing subsidy cuts for a commonly-used gasoline as the government seeks to bolster its finances, according to people familiar with the matter.
Prime Minister Datuk Seri Anwar Ibrahim’s Cabinet has been discussing the viability of bringing back the goods and services tax (GST), the people said, asking not to be identified as the information is private. No decision has been reached given the political sensitivities, they added.
There is an emerging view in government that imposing GST may be politically easier than removing subsidies for popular RON95 petrol since the Southeast Asian country is an oil producer and most Malaysians consider cheap petrol to be a necessity, the people said.

Novice296

134 posts

Posted by Novice296 > 2 months ago | Report Abuse

Avid traders on IFCA stock, not worth holding. actual price value 0/30-0.40. The price went up each time there is good demand of development such as the government's policy like einvoice. Then it waterfall to rock bottom again. Time to exit imho. gud luck

Volz4321

95 posts

Posted by Volz4321 > 2 months ago | Report Abuse

Nah, it's gonna fly up again

Posted by Investing_Bursa > 2 months ago | Report Abuse

Ya. Just be patient

Posted by bursamalaysia88 > 2 months ago | Report Abuse

patient also must have logic and realistic

Posted by bursamalaysia88 > 2 months ago | Report Abuse

drop like rocket and up like snail (or even not up at all)

Posted by bursamalaysia88 > 2 months ago | Report Abuse

Confirm going to fly.... no doubt. fly to longkang / drain got lah

Posted by bursamalaysia88 > 2 months ago | Report Abuse

you monitor yourself lah to whoever still dreaming. it's like free fall without any support or volume. once it goes up a little immediate sell volume comes in big

Posted by bursamalaysia88 > 2 months ago | Report Abuse

looks at the insider transaction. director are disposing in huge qty and doing comedy show to buy tiny qty.

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