IFCA - most of customer revenue is above RM100M which must implement E-Invoice on 1st Aug, which will profit reflected on end of Aug24 QR, mean currently ifca price is flying... Where Censof customer revenue is below RM100M, mean only profit only reflected in the following QR (Nov24) & next year QR.... fly to RM1.50 price, must be patient and wait for another couple of months.
Censof affliate - storecove, already accredited.. so their balance system also should be no problem moving forward, after all censof is pioneering einvoice in singapore
Very eager to see next quarter results announcement to assess the positive financial impact of e-invoice on this company. Deadline for >100m companies turnover is 1 August 2024 and if it is positive financially, you can imagine the masses of companies <100m turnover will have on this company in the next few quarters and for sure e-invoice is here to stay.
We are on the eve of the e invoice deadline 1 Aug 2024.
From this date onwards, the opportunity is abundant for those who are in e invoice implementation. Do NOT underestimate its financial impact!
Roughly for big companies, it has to incur between RM100k to RM500k each for Year 1, to implement e invoice. Subsequent years will be another 20 to 25% of the above amount to maintain and update the software. Todate, Bursa has about 1,000 listed companies. What about privately owned big companies?
What about medium and small companies who may incur between RM30k to RM100k each to implement. SSM has listed that there is more than 1.5 million companies/businesses in Malaysia!
What about having to produce a super apps for e-invoice for all to use especially small companies/traders/individuals!
Also, e invoice trend is fast catching up world wide and what stop these companies to export their knowhow and get a cut on the piece of cake!
All the above only points to a very bountiful and rosy future of these software companies. Let's join the bandwagon before the prices shot up!!!!!🚀🚀🚀🚀
Introducing MY's First IPO Fund for Sophisticated Investors!
MQ Chat
New Update. Discover investment communities that resonate with your ideas
MQ Trader
M & A Value Partners IPO Equity Fund has been launched - Targeted 13% Return p.a
Latest Videos
0:17
New IPO: The onshore and offshore support services provider for the O&G industry, Steel Hawk Bhd aims to list on the Ace Market!
MQ Trader 2904 views | 2 d ago
0:17
New IPO: The largest mini-market player and a leading groceries retailer in Malaysia, 99 Speed Mart Retail Holdings Bhd aims to list on the Main Market!
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
nasgee
845 posts
Posted by nasgee > 1 month ago | Report Abuse
get setttttt vroommm...fasterr get yr ticket...