KLSE (MYR): IFCAMSC (0023)
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Last Price
0.64
Today's Change
-0.02 (3.03%)
Day's Change
0.635 - 0.66
Trading Volume
1,264,900
Financial Year 2020
Financial Year | Annual Audited Account | Annual Report | View | |
---|---|---|---|---|
Ann. Date | Ann. Date |
Agree with you that GST it's indeed big thing for consumer. "Price Increase everything again".
However, I still puzzle how does it benefit IFCA. Maybe we just need to create different tax code relate to different category of items on the system. would there be new implementation or consultation services that will boost up their sales?
1 month ago
in Bursa maybe it does not relevant, so long it creates interest to make share movement that matters.
1 month ago
New tax comes with new process/guideline/rule/interface with Tax Authorities. This is where the money is made. Most likely than not, big corporations would like things to be seamless and automated due to sheer volume and they cannot afford to do manual/semi-manual. Coupled with initial confusing tax guideline, potential penalty of non compliance and solution pushing by tax consultants, its easier to commit on such automation spending. Good old saying, if money can solve, its not a problem.
1 month ago
"PM: Govt will only implement GST if minimum income rises to RM3k"
=====================================
So, employers willing to raise minimum salary to RM3K?
That will answer GST implementation.
1 month ago
0023 IFCAMSC, IFCA MSC BHD - +
Changes in Director s Interest (Section 219 of CA 2016)
11 Oct 2024, 07:00
Particular of Director
Name ENG KIM HAW
Address -
NRIC -
Nationality Malaysia
Descriptions (Class & Nominal Value) Ordinary Shares
Change Detail
Change Date 11 Oct 2024
Change Reason
Directly interested in the disposal of 100,000 shares in the open
market.Deemed interested in the disposal of 30,000 shares in the open market by
Mdm Nabila Itdatulhilma (spouse).
Transaction Detail
Transaction Type Date of Change No of Securities Price Transacted (RM)
Disposed 9 Oct 2024 30,000 0.000
Disposed 9 Oct 2024 100,000 0.000
No of Securities after Change
Direct Interest (units) 52,000
Direct Interest (%) 0.009
Indirect Interest (units) 15,000
Indirect Interest (%) 0.002
Consideration You are advised to read the entire contents of the announcement or attachment.
Remarks You are advised to read the entire contents of the announcement or attachment.
To read the entire contents of the announcement or attachment, please access
the Bursa website at http://www.bursamalaysia.com
1 month ago
No gst, but other tax system will come in place. Otherwise country running on deficit , going bankrupt at this rate
1 month ago
Just like sns and jcy got goreng because of “AI”. In actual they dont benefit much from it. So how much ifcamsc can benefit from this gst if it was implemented? As usual bursa is very sentiment based. Goreng cause of a sentiment reason.
1 month ago
Last time this stock goreng more than rm1 when gst was implemented but the qr performance is more or less the same until now. So what benefit? LOL. But honestly it doesnt matter. Just know when to enter and sell on news to waterfish thinking ifcamsc can benefit from gst.
1 month ago
Wow , smart director take profit run first ,thumbs up good director ! All dreamer gamblers stay at VIP room forever !
1 month ago
Israeli military claims Hezbollah has launched 25 rockets from near peacekeeper posts
The Israeli military has posted a video on X reportedly showing a Hezbollah weapons cache near a UN Interim Force in Lebanon (UNIFIL) base.
The text accompanying the video claimed Hezbollah has launched “25 rockets and missiles” at Israeli communities and soldiers from “terrorist compounds embedded near UNIFIL posts” over the past month.
1 month ago
GST sure on the table...will be base on vote not PM say won't implement then won't implement... He said minyak turun also no turun la... Hahaha...
1 month ago
This company not earn money from contract but their smart director earn money from naive bilis who believe GST contract will 2 nd time award to same company , u think who u are , emperor already change !
1 month ago
No one talking about govt award contract to IFCA. 1st GST also govt never award any contract to IFCA but IFCA made RM100m sales that year, become RM1b market cap company that year and fastest growing Tech company in the world that year. These are facts. When talk, please give facts.
1 month ago
Even I and not supportive of IFCA cunning directors I have to agree with hammertime.
GST will not come soon. Their motto during election it’s against it. However watch out this Friday on what tax will be in place. Is it the 5 new tax mentioned earlier?
Not necessary GST will move this counter. Whatever tax related to system it would be a big news. GST it’s something old and built in features that every customer can use it back. If new tax introduce then IFCA will have good potential.
Everyone don’t forget IFCA will have substantial revenue on e-invoice for phase 2 which is around the corner.
1 month ago
@hammertime no need to explain to newbie, they are not long enough in this game.
1 month ago
"Everyone don’t forget IFCA will have substantial revenue on e-invoice for phase 2 which is around the corner."
This is very true. Software recognition also goes by IFRS work done revenue/profit recognition. On average 1st 50% of Phase 1 are recognized in Q2, 2nd 50% of Phase 1 and 1st 50% of Phase 2 are recognized in Q3.
Q3 is going to be bigger than Q2. My take.
1 month ago
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1 month ago
Posted by dompeilee > 2024-04-22 16:22
After buying @ 34.86c in Jun '21 & selling some @ 36.5c in Oct that yr, I STILL hv 10 lots left now!
~~~
Luckily I SOLD my last shares a little early @ 71c in June! I think can go back below 40c soon!!!🤗
3 weeks ago
This company not earn money from contract but their smart director earn money from naive bilis who believe GST contract will 2 nd time award to same company , u think who u are , emperor already change !
Congrats to all naive vege bilis willing to be cutted ! Director always runs faster than bilis ! Below 20 sens soon !
3 weeks ago
3rd Q results coming real soon, big chance for interim div for first time in history (or 2nd 😅)
1 week ago
those who didn't listen to my advice, you are now trapped haha. I exit at 0.79. IFCA is a news hype stock, not worth investing.
1 week ago
A post results briefing will be held on 20 November 2024 10.00 a.m. which is open to all.
Briefing link inside https://www.klsescreener.com/v2/announcements/view/8442793
4 days ago
Hype or not, go in to listen and decide for yourself. And the results are damn freaking good.
4 days ago
bursamalaysia88
Thanks Hammertime. Talk spreading there would be five new taxes: the inheritance tax, an unhealthy food tax, carbon pricing tax, high-value goods tax, and artificial intelligence (AI) tax
1 month ago