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DATE: 20 NOVEMBER 2017
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THE STOCK & TARGET
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THE STOCK & TARGET
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Stock : IFCAMSC - (0.41cts)
Target Price : High - Will release to SGT members
"Good
news has been released.. I am foreseeing more challenges and
opportunities comes in. The game just started and will continue
resume especially tomorrow. How high can it go for short & mid term?
For me this another one.. yummy target!." - Kim Spartan
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SGT BUY CALL
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SGT BUY CALL
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THE PROFILE
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IFCA MSC Berhad and its subsidiaries is engaged in the research and development of enterprise-wide business solutions in Malaysia. Its product line includes Property Management Solutions, Construction and Contract Management, Hospitality Management, Loans Management, and Financial Management Solutions. The Property Management Solutions provides a property management software solution covering marketing, tenancy administration, customer services management, tracks billings and collections, manage building maintenance works, and financial accounting. The Construction and Contract Management solutions consists of integrated business applications designed to empower project-driven organizations that supports tracking, budgeting, and administering project-based activities within and beyond an enterprise environment. The Hospitality Management solutions caters for the needs of operations, including sales and marketing, front office activities, food and beverage management, PABX and electronic key lock interfaces, and back-end financial accounting and reporting functions of hotels, clubs, and resorts. The Loans Management solutions, a software application that supports asset/equipment leasing, consumer finance, factoring, and cheque discounting. The company also provides ERP Management Solutions and CRM and Knowledge Management solutions. The Financial Management Solutions provides financial accounting and management information systems, including full financial accounting, financial consolidation, treasury management, and work flow and collaboration. IFCA MSC Berhad is based in Petaling Jaya, Malaysia.
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THE KEYNOTE
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IFCAMSC - Reported a net profit of RM2.51 million for its second quarter ended June 30, 2017 (2QFY17), on the back of higher revenue, compared with its net loss of RM535,000 a year earlier. The business software solution provider registered quarterly revenue of RM20.58 million, up 14.48% from RM17.98 million, due to higher sales contribution from its overseas segment.
IFCAMSC - Expanding its prop-tech offerings to help its customers in the property sector accelerate their digital and mobile technology adoptions to boost sales. The group said it is embarking on a transformational programme known as IFCA 2.0 to strengthen positive growth rates for the next few years. The company is taking a new and determined step in the digital side by delivering solutions that make sense and add value to its customers, as well as enable them to be more competitive and successful, by creating new products such as data-driven marketing which helps to more accurately reach the potential customers that property developers are targeting.
IFCAMSC - Embarking on a transformational programme known as IFCA 2.0 to strengthen positive growth rates for the next few years. IFCA 2.0 will allow companies in the property industry to realign their operations and explore new business models, the group said, adding that upcoming initiatives include an accelerator programme specifically for the Malaysian property market to spur digital innovation for prop-tech companies. IFCA has come a long way since its inception 30 years ago. We have grown to be the market leader in property solutions covering construction, property development, property management and human resources.
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THE FINANCIAL
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Regards,
https://klse.i3investor.com/blogs/spartan/138424.jsp
Kim Stockwatch
Telegram : https://www.telegram.me/kimstock (Real live time trading)
Or Join Elite Spartan Group Traders (SGT)