【IFCAMSC 0023 交流专区】 IFCA多媒体

icy97

競優國際大熱下滑 次季淨利或失色

財經股市6 Aug 2015 20:57
（吉隆坡6日訊）競優國際（IFCAMSC，0023，創業板科技）料在25日公布次季業績，儘管首季淨利創紀錄新高，但中國和國內市場出現放緩跡象，該公司或無法達到全年預測表現。

競優國際交投活躍，早盤以86仙開市，休市報84.5仙，跌0.5仙，為十大熱門股之一。該股閉市報84.5仙，跌0.5仙，成交量1952萬5100股。

聯昌證券研究相信，該公司次季淨利將低于首季，全年盈利表現亦可能低于預期。一般上，首季是業績最差的一個季度，但今年首季受國內消費稅軟件升級工程提振，交出強勁表現。

不過，競優國際主要市場如大馬和中國已出現放緩趨勢。我國已實施消費稅3個月，市場業者持續謹慎且料會在未來一兩個季度持續，形成國內市場銷售低于預期局面。

中國方面，據悉競優國際業務今年也面對低迷局勢，加上當地打擊貪污活動衝擊公司業務。這些讓人失望因素，顯示市場對公司前景或過于樂觀。

聯昌證券研究指出，可能在競優國際公布次季業績后，下修2015至2017財年每股盈利約10%到20%之間。

競優國際股價在過去2個月顯著調整，相信已反映主要負面消息。該行正面看待其印尼業務，料完成后可貢獻淨利400萬至500萬令吉。

同時，競優國際將在今年末季推出全新電子商務平台，銜接房產發展商系統，讓客戶可在網上訂購房產單位和支付訂金。

該行維持競優國際“增持”評級，目標價為2.04令吉。【中国报财经】

哭哭鸟

IFCA短期可恢復漲勢？
2015-08-09 19:19  
http://biz.sinchew.com.my/node/120511
   
吉蘭丹急知者問：
IFCA多媒體（IFCAMSC，0023，創業板科技組）從登頂的1令吉87仙滑落至今的1令吉15仙，是否能在短期內恢復漲勢？前景是否依然樂觀呢？以目前的本益比和潛能，是否值得長期持有？公司淨利增長200%以後，還有提昇的潛能嗎？

答：有關IFCA多媒體的上述各項問題，該公司高層甫於6月19日的常年股東大會後受訪時作出的談話及一些最近資料可作為參考。

當時，IFCA多媒體高層宣佈，將在未來3至4個月內（9至10月）推出為產業市場而設的電子商務平台，潛在商機估計高達每年2億4千萬令吉。

該公司高層當時披露，推出新的電子產業平台主要為了迎合產業市場對變革呼聲。在新平台的幫助下，產業公司可改變過往推銷方式，無須完全仰賴仲介或銷售團隊來銷售或宣揚產業資訊，因買家能從電子平台上瞭解一切資訊。

電子商務將是未來之路，新平台將以定期訂購方式推出市場，相信可營造經常性收入，集團的策略是把原有的週期性收入模式轉型成經常性模式。

國內目前有約2千家產業公司，若以每月1萬令吉收費計算，新平台的年度潛在商機達2億4千萬令吉，這還不包括廣告收入，問題在於公司能兌現多少商機。

公司也會繼續積極開拓海外機會，將透過自行進軍或委任經銷商的方式提昇區域曝光率，放眼成為區域性企業。

放眼成區域性企業

該公司表示會持續擴大市場覆蓋率，包括在中國開設7家新分行和國內開設兩家新分行。

另外，以3千200萬令吉收購印尼IFCA顧問公司的計劃亦帶來新機會，因印尼是個龐大的市場，IFCA顧問亦是家長年獲利的公司。目前海外業務替IFCA多媒體貢獻約30%營業額。

另一方面，對於公司股價早前暴跌，該公司發言人重申自己亦感到困惑，並強調公司業務運作仍然穩固，現金和盈利營造能力亦維持強勁。

他認為，前任首席財務員在上月22日辭職，引起了市場投資者的種種遐想，或是引起賣壓的原因之一。但有關辭職通知其實早在一個月前就呈交給公司，5月22日正好是首席財務員的最後工作日，需向交易所匯報，但巧合的是公司才剛於同月20日公佈業績，時間點之近讓市場存有遐想空間所致。

同時，國內市場近期利空居多，外資又頻頻撤離大馬，這也加劇了股價壓力，因公司擁有不少外資股東。

外資持股比例下滑

數據顯示，IFCA多媒體的外資持股比重過去兩個月來確實有所下滑。今年4月20日時，IFCA多媒體的外資持股比例企於19.42%，較後外資持股比例已下滑至16.55%。

安聯研究在今年6月中表示，該公司股價下挫，主要是早前本益比過高之故。當時它指出，若該公司在接下來每個季度無法取得1千萬令吉淨利，預料股價將持續受到影響。

市場人士早前認為，IFCA多媒體股價暴跌，或許是投資者擔心股票基本面追不上股價漲勢，因該公司新出爐數據顯示首季每股盈利只有1.8仙，這讓當初企於1令吉87仙的股價顯得高不勝寒。（星洲日報／投資致富‧投資問診‧文：李文龍）

哭哭鸟

IFCA MSC at seven-month low on foreign fund outflow
By Gho Chee Yuan / theedgemarkets.com   | August 10, 2015 : 4:47 PM MYT   
http://www.theedgemarkets.com/my/article/ifca-seven-month-low-foreign-fund-outflow

KUALA LUMPUR (Aug 10): Shares in IFCA MSC Bhd ( Financial Dashboard), which Bloomberg had dubbed the world’s top software stock in April, fell as much as seven sen or 8.54% today to 75 sen apiece, a seven-month low, as foreign funds trim their stakes in the information technology company.

At 4.23pm, the counter regained some losses and was trading at 76 sen, still down six sen or 7.31%, with over 26.32 million shares done, making it one of the most actively traded counter across the bourse today.

At the current price, its market capitalisation stands at RM424.55 million.

The stock has been on a steady decline since July 9, when it was trading at RM1.20. It has since slid some 36.67% to its current price.

A dealer said some foreign institutional funds have been disposing of their shares in IFCA MSC since July 8, when the stock was trading at RM1.10.

"However, retail investors have started to accumulate the shares. Even so, this has not been enough to push up the share price," he added.

Another dealer said IFCA MSC's foreign shareholdings has also declined to 16.55% from 19.42% in April 20.

In its first financial quarter ended March 31, 2015 (1QFY15), IFCA MSC’s net profit came in at RM9.68 million, 23 times its 1QFY14 net profit of RM421,000. Revenue also grew to RM31.98 million from RM13.69 million previously.

Its overseas business revenue for the quarter grew 32% to RM5.2 million, while its business in Malaysia grew 143 times to RM30.1 million.

The group has RM30.5 million in unbilled projects as at March 31, 2015.

icy97

SUMMARY OF KEY FINANCIAL INFORMATION 30 Jun 2015

		INDIVIDUAL PERIOD		CUMULATIVE PERIOD
		CURRENT YEAR QUARTER	PRECEDING YEAR CORRESPONDING QUARTER	CURRENT YEAR TO DATE	PRECEDING YEAR CORRESPONDING PERIOD
		30 Jun 2015	30 Jun 2014	30 Jun 2015	30 Jun 2014
		$$'000	$$'000	$$'000	$$'000

1	Revenue	23,878	18,252	55,862	31,942
2	Profit/(loss) before tax	6,505	3,606	20,098	4,364
3	Profit/(loss) for the period	5,747	3,184	16,022	3,887
4	Profit/(loss) attributable to ordinary equity holders of the parent	5,696	3,002	15,381	3,423
5	Basic earnings/(loss) per share (Subunit)	1.02	0.67	2.76	0.76
6	Proposed/Declared dividend per share (Subunit)	0.00	0.00	0.00	0.00
		AS AT END OF CURRENT QUARTER		AS AT PRECEDING FINANCIAL YEAR END
7	Net assets per share attributable to ordinary equity holders of the parent ($$)	0.1600		0.1600

哭哭鸟

業績遜預期 競優盈利預估遭下修
財經股市26 Aug 2015 23:00
http://www.chinapress.com.my/node/649793

（吉隆坡26日訊）受中國和國內市場銷售放緩影響，競優國際（IFCAMSC，0023，創業板科技）年率化業績表現料低于原先預期，因此分析師將2015至2017財年盈利預估遭下修9%到20%，以反映成長前景放緩。

競優國際以53.5仙開市，早盤最低跌3.5仙至53仙，休市報56仙，跌0.5仙，半日交投約2873萬股，為十大熱門股之一。閉市時，競優國際報54.5仙，跌2仙，成交量7712萬3700股。

聯昌證券研究指在過去一、兩個季度，中國和國內市場狀況顯著放緩。國內房產發展商仍在適應4月份實施消費稅，業內卻受令吉疲弱打擊。中國股市則持續調整，人民幣貶值使主要經濟體發出低迷訊號。

另外，競優國際將在今年末季推出全新電子商務平台，可通過設施將客戶從前端銜接至后端，讓潛在網絡買家預訂房產單位並通過線上支付訂金。目前國內未有類似平台可讓買家如此進行買賣，這個平台也可讓發展商、代理和客戶相互溝通，將整合科技引進房產領域。

到了2016年初，競優國際應完成印尼分銷商收購案，旗下印尼客戶仍在使用微軟基礎平台，該公司管理層將明年于大馬推出以手機為基礎平台，以及軟體即服務（簡稱SaaS）。這是該公司的主要催化因素。

報告維持競優國際“增持”評級，不過將目標價從2.04令吉下修至1.75令吉。

icy97

IFCA 3200万购印尼PICI业务

财经新闻 财经  2015-09-05 11:31
（吉隆坡4日讯）IFCA（IFCAMSC，0023，创业板）以总值3200万令吉，正式收购印尼PICI的业务，包括旗下的贸易应收款项和现有合约的全部权益。

根据文告，该公司在今年5月20日签署暂定协议（HOA）后，昨日正式签署商业销售协议（BSA）。

该公司将通过支付1600万令吉的现金，其中400万令吉将在完成交易后缴付，另外的1200万令吉则将依据盈利保障机制下支付。

料末季完成交易

而剩余1600万令吉则通过发售1600万、每股发售价为1令吉的新股完成交易。

该公司指出，该项收购将除了提高公司的营运效率，同时有助于渗透印尼市场，符合公司区域拓展的计划。

IFCA将以通过内部资金进行，预料在末季完成该项交易。

IFCA的主要业务，是制造销售软件产品及电脑硬件。【南洋网财经】

Type	Announcement
Subject	TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS
Description	IFCA MSC BERHAD (IFCA OR THE COMPANY)PROPOSED ACQUISITION OF THE BUSINESS OF PT IFCA CONSULTING INDONESIA (PICI) BY IFCA FOR A TOTAL PURCHASE CONSIDERATION OF RM32 MILLION TO BE SATISFIED THROUGH A COMBINATION OF CASH AND ISSUANCE OF NEW ORDINARY SHARES OF RM0.10 EACH IN IFCA (PROPOSED ACQUISITION)
We refer to the announcements made by IFCA on 20 May 2015 and 21 May 2015 in relation to the Heads of Agreement (“HOA”) entered into between IFCA and PICI on 20 May 2015 for the acquisition of the business of PICI, including its trade receivables and all the rights under its existing contracts respectively (“Business”) for a total purchase consideration of RM32 million. Pursuant thereto, on behalf of the Board of Directors of IFCA (“Board”), RHB Investment Bank Berhad (“RHB Investment Bank”) wishes to announce that IFCA had entered into a business sale agreement (“BSA”) with PICI on 3 September 2015 to undertake the Proposed Acquisition. Details of the Proposed Acquisition are set out in the attachment enclosed. This announcement is dated 3 September 2015.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/4857657

Attachments IFCA Announcement (BSA).pdf

pts2222

收购印尼经销商 竞优国际成最大热门股
By Supriya Surendran  / theedgemarkets.com   | September 4, 2015 : 1:23 PM MYT   
http://www.theedgemarkets.com/my/article/收购印尼经销商-竞优国际成最大热门股

（吉隆坡4日讯）竞优国际（IFCA MSC Bhd）以3200万令吉收购PT IFCA Consulting Indonesia（PICI）的消息传出后，激励股价走势，今日盘中攀高7仙或10%。

根据大马交易所的文告，竞优国际与PICI签署一项业务买卖协议，前者将以现金和发行新股的方式为收购计划筹资。

竞优国际表示，此收购计划有助该公司加速扩展至印尼市场。

竞优国际在文告中指出，此收购计划非常合时，PICI拥有非常辉煌的记录，PICI更是竞优国际过去10年在印尼的独家经销商。

竞优国际股价今日一度攀高至78仙的最高位。早盘休市时，竞优国际涨幅缩窄，起2.5仙或3.43%%，以73.5仙暂收，成交量为7575万8300股，市值为4亿1087万令吉。

就竞优国际目前的股价来看，再根据券商给予的目标价，该股仍有上涨空间。

根据联昌国际投资银行近日的一项研究报告，该投行维持该股“增持”评级，目标价定为1.32令吉。

“竞优国际仍有上涨空间，催化剂包括收购印尼经销商，以及成功推行电子商务平台。”

（编译：倪嫣鴽）

icy97

開發房產交易平台‧IFCA多媒體前景可期

2015-09-14 17:07      
（吉隆坡14日訊）IFCA多媒體（IFCAMSC,0023,創業板科技組）今年9月將開發新活水源頭的房產交易平台，收購印尼業務明年起貢獻400萬令吉，前景亮麗可期。

肯納格研究預測該公司今年淨利增長28.85%至2千680萬令吉，下財政年達3千560萬令吉。首半年淨利則按年飆349%至1千54萬令吉，主要是安裝消費稅軟件拉動。

9月推展產業銷售的電子平台，連結發展商、代理、購屋者，而IFCA多媒體對所售房產收取交易費。

這個叫Property365的首項房產交易平台，連結上述三方。對發展商和代理，此平台協助銷售、服務和向客戶收取電子付款；也讓購屋者在實際時間內訂購房產，並付款和追蹤所購產業。

中國和大馬產業遇逆風，這個平台的推出是要抵銷大馬市場潛在軟件銷售走緩。

近期以3千200萬令吉收購印尼PT-IFCA諮詢印尼（PICI）業務，各半以發股和現金支付，每年盈利保證達400萬令吉。

這項收購使其負債比報0.4倍，淨現金達4千400萬令吉仍處健康水平。

該公司為產業軟件方案商，目前在7國1千700名客戶，27間辦事處有600名員工。主要營收來自軟件執照（約46%）、專業服務（26%），其餘28%各半為硬體和維保服務。

今後2年期營收平均複合增長率達16%（3年期複合增長率達33%），營運賺益達31%至33%（過去4季達27%至42%），2016至2018財政年PICI額外淨利每年達400萬令吉。
該行按2016財政年本益比14倍計算，每股目標價82仙，但未提供評級。（星洲日報／財經‧報道：張啟華）

icy97

Type	Announcement
Subject	OTHERS
Description	IFCA MSC BERHAD ("IFCA" or "the Company") - Acceptance of Award of Contract from Capitaland Management (China) Co., Ltd
The Board of Directors of IFCA is pleased to announce that the  Company’s wholly owned subsidiary in China, Jingyou Information Technology (Shanghai) Co., Ltd  had on 7 September 2015, received a signed contract from Capitaland Management (China) Co., Ltd for the supply & installation of a project costing, planning and procurement system. The total contract sum is CNY4,994,408 which is approximately  RM3,338,262 (Ringgit Malaysia Three Million Three Hundred Thirty Eight Thousand Two Hundred Sixty Two) based on the exchange rate of RM0.6684 to CNY1.00 as at the date of this announcement. The implementation period of the contract is for 12 months starting from the date of award. The Contract is not expected to have any material effects on the share capital and shareholding structure of the Company.  However, it is expected to make a positive contribution to the earnings per share and net assets per share of IFCA for the financial year ending 2015. There are no significant risks other than operational risks associated with this Contract. None of the Directors and/or substantial shareholders of the Company or persons connected to the said Directors and/or substantial shareholders have any direct or indirect interest in the Contract. The Board of Directors, after due consideration, is of the opinion that the acceptance of the Contract is in the best interests of the Group. The Contract has been awarded in the ordinary course of business, and is not subject to the approval of the shareholders. This announcement is dated 17 September 2015.

icy97

在中國獲334萬合約 競優國際價量齊揚

財經18 Sep 2015 17:19
（吉隆坡18日訊）競優國際（IFCAMSC，0023，創業板科技）獲頒334萬令吉合約，帶動股價一度上揚3仙或3.7%至84.5仙，創下超過1個月高水平，為10大熱門股。

該股以82.5仙開跑，升1仙，盤中起3仙或3.7%至84.5仙，為8月5日以來的最高水平。該股以82.5仙掛休，增1仙；半日成交量1918萬7000股，為10大熱門股。該股午盤持續攀高，截至4點半報82.5仙，起1仙，成交量2218萬7000股。

該公司週四（17日）向馬證交所報備，中國獨資子公司Jingyou資訊科技（上海）有限公司，獲Capitaland管理（中國）有限公司，頒發總值499萬人民幣（約334萬令吉）合約。

根據報備文件，雙方公司于上週一（7日）簽署合約，Jingyou資訊科技將供應和安裝工程項目成本、策劃及採購系統。

競優國際相信，是項合約將正面貢獻2015財年的每股盈利和每股淨資產。【中国报财经】

icy97

回复UMA质询 IFCA不知飙涨原因

财经新闻 财经  2015-09-29 11:25
（吉隆坡28日讯）IFCA（IFCAMSC，0023，创业板）回复马交所不寻常市场交易（UMA）质询，指对股票近期价量劲扬原因毫不知情。

IFCA指出，该公司最近的企业消息包括正式收购印尼PICI的业务，和获得中国凯德集团管理公司颁发合约。

不过，除了上述活动，该公司认为，没有其他会影响股价走势的商业或事件，包括洽谈阶段的合约。

同时，也没有任何导致股价波动的传闻，对股价急涨的原因毫不知情。【南洋网财经】

Type	Reply to Query
Reply to Bursa Malaysia's Query Letter - Reference ID	IQL-25092015-00001
Subject	UNUSUAL MARKET ACTIVITY
Description	IFCA MSC BERHAD ("IFCA" or "THE COMPANY")
Reference is made to the letter from Bursa Malaysia Securities Berhad ("Bursa Securities") dated 25 September 2015 querying the Company on the rise in volume and price of the Company's share recently ("Trading Activity"). The Board of Directors of IFCA MSC Berhad ("IFCA" or "the Company") wishes to inform that save for the submissions of application in respect of proposed acquisition of the business of PT IFCA Consulting Indonesia to Bursa Securities and acceptance of award of contract from Capitaland Management (China) Co. Ltd which were announced on 14 September 2015 and 17 September 2015 respectively, to the best of their knowledge and after making due enquiry with the Company's major shareholders and such other relevant persons, IFCA is: 1. Not aware of any corporate development relating to the Group's business and affairs that has not been previously announced that may account for the Trading Activity including those in the stage of negotiation/discussion. 2. Not aware of any rumour or report concerning the business and affairs of the Group that may account for the Trading Activities. 3. Not aware of any other possible explanation to account for the Trading Activity; and 4. In compliance with the Bursa Securities Listing Requirement ("LR"), in particular Rule 9.03 of the LR on immediate disclosure obligations.

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Type	Announcement
Subject	OTHERS
Description	Incorporation of a new wholly-owned subsidiary in Indonesia, PT. IFCA PROPERTY365 INDONESIA
The Board of Directors (“Board”) of IFCA MSC Berhad (“IFCA”) wishes to announce that a wholly-owned subsidiary of IFCA in Indonesia was incorporated under the name of PT. IFCA Property365 Indonesia (“IFCA Indonesia”) on 30 October 2015. IFCA Indonesia was incorporated under the Limited Liability Act and Investment Act in Indonesia with a total authorised capital of Indonesian Rupiah (“IDR”) 10,000,000,000 and a total paid up capital of IDR2,500,000,000. The intended business activity of IFCA Indonesia is to provide computer software and hardware in Indonesia. The business of PT. IFCA Consulting Indonesia (“Business”), which includes the trade receivables and all the rights under its existing contracts respectively will be transferred to IFCA Indonesia, free from any encumbrances in conjunction with the acquisition of the Business of which it was approved by IFCA’s Extraordinary General Meeting held on 30 October 2015. The incorporation of IFCA Indonesia is not expected to have any material effect on the Group's earnings or net assets for the financial year ending 31 December 2015. None of the Directors and/or major shareholders of the Company or persons connected with them have any interest, direct or indirect, in the incorporation of IFCA Indonesia. This announcement is dated 3 Nov 2015

哭哭鸟

0023    IFCAMSC    IFCA MSC BHD

Quarterly rpt on consolidated results for the financial period ended 30/09/2015

Quarter: 3rd Quarter Financial Year End: 31/12/2015 Report Status: Unaudited Submitted By: Current Year Quarter Preceding Year Corresponding Quarter Current Year to Date Preceding Year Corresponding Period 30/09/2015 30/09/2014 30/09/2015 30/09/2014 RM '000 RM '000 RM '000 RM '000 1 Revenue 22,606 25,747 78,468 58,053 2 Profit/Loss Before Tax 5,742 9,358 25,840 13,722 3 Profit/Loss After Tax and Minority Interest 5,786 8,530 21,167 11,953 4 Net Profit/Loss For The Period 5,515 8,583 21,537 12,470 5 Basic Earnings/Loss Per Shares (sen) 1.04 1.90 3.80 2.66 6 Dividend Per Share (sen) 0.00 0.00 0.00 0.00 As At End of Current Quarter As At Preceding Financial Year End 7 Net Assets Per Share (RM) 0.1600 0.1500

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目標價獲上調 競優國際起8仙
  
2015年11月20日 股市
（吉隆坡20日訊）競優國際（IFCAMSC，0023，創業板科技）業績符合預測，加上印尼市場具龐大潛能，及看好公司推出“property365.my”網絡平台將受好評，券商上調目標價，股價應聲大熱走高，為馬股十大熱門股之一。

該股以86仙平盤開市，盤中起9.5仙或11%至95.5仙，休市暫掛91.5仙，增5.5仙；半日成交量3372萬4200股，為10大熱門股。該股午盤掉出十大熱門股，閉市時報94仙，起8仙，成交量5635萬8600股。

聯昌證券研究指出，該公司2015財年首9個月淨利符合預測，佔全年預測的75%。在淨利提高之際，可以看到中國運作在第3季的表現已復甦。

印尼業務而言，該公司近期完成收購PT IFCA咨詢。聯昌證券研究相信，PT IFCA咨詢將具備龐大潛能，尤其大部分客戶仍使用著舊的Windows平台，很可能會提升至流動平台。

另外，該行看好該公司將在下月推出名為“property365.my”的網絡平台，這是全馬首創的網絡平台，可讓該公司所有發展商客戶，在線上推出或銷售產品。

再者，該行得知競優國際已就該網絡平台，和發展商簽署一些協議，相信陸續會簽署更多相關協議。

該行因而維持競優國際“增持”評級，目標價從1.32令吉，調高至1.80令吉。【中国报财经】

哭哭鸟

IFCA completes acquisition of Indonesia distributor
By CIMB Research / The Edge Financial Daily   | November 23, 2015 : 10:31 AM MYT   
http://www.theedgemarkets.com/my/article/ifca-completes-acquisition-indonesia-distributor

This article first appeared in The Edge Financial Daily, on November 23, 2015.



IFCA MSC Bhd
(Nov 20, 94 sen)

Maintain add with a higher target price (TP) of RM1.80: The nine months ended Sept 30, 2015 (9MFY15) revenue was up 35% year-on-year, but net profit rose 77% higher. The higher profit growth was mainly due to the high operating leverage nature of its business.No interim dividend per share was declared, in line with our expectations. IFCA’s 9MFY15 net profit growth would have been higher if not for the expiry of its MSC status early this year.

IFCA MSC’s China division experienced some hiccups in the first half of 2015. In the third quarter ended Sept 30, 2015, revenue was up 88% quarter-on-quarter, an indication that its China operation has recovered. However, Malaysia’s business post-goods and services tax remains disappointing.

IFCA has just completed the acquisition of its Indonesia distributor, PT IFCA Consulting Indonesia (Pica). Pica has a lot of potential. Most of its customers are still on the old Windows platform and there is potential to upgrade to the mobile platform. In addition, software as a service should grow faster in Indonesia than in Malaysia. Pica currently makes around RM4 million net profit annually and could be a major winner in 2016.

We are bullish about IFCA’s new online platform property365.my, slated to be launched in early December. This platform, the first of its kind in Malaysia, will enable all its developer clients to sell/launch their products online, thus changing the way developers sell their product launches.  We gather that IFCA has already signed some deals with developers to launch their products on property365.my, and we believe that it will be signing more customers before the launch. We maintain our “add” call on the stock and our TP rises as we roll it forward to the end of 2016, with the valuation basis unchanged in  2017 at 21 times price-earnings ratio, in line with its peers.  — CIMB Research, Nov 20

哭哭鸟

競優國際料獲重估 將推出實時房產交易平台
2015年11月23日 股市
http://www.chinapress.com.my/20151123/競優國際料獲重估-將推出實時房產交易平台/

（吉隆坡23日訊）競優國際（IFCAMSC，0023，創業板科技）將在12月初正式推介property365.my網絡平台（P365），是國內首個實時（real-time）房產交易平台，成功推出P365和中國市場復甦是該公司的潛在重估因素。

競優國際以96.5仙開市，休市起4仙報98仙，半日交投達2703萬2700股，為20大熱門股之一。該股閉市掛97.5仙，起3.5仙，成交量3472萬4000股。

聯昌證券研究稱，競優國際已獲兩家發展商加入價值5億令吉發展總值的新推介項目，並計劃在正式推介P365前將發展總值目標擴大至20億令吉。假設該公司在明年通過P365售出20億令吉發展總值房產，以2%佣金計算，營業額料達4000萬令吉。

更具營銷效益

如果以淨利賺幅50%至60%計算，可提振淨利約2000萬至2400萬令吉，即改善競優國際2016年每股盈利45%到55%之間。不過，報告未有計算任何源自P365的盈利潛能。

至于P365平台可協助發展商銷售產品，任何可接觸網絡者都是潛在客戶。同時，線上營銷和廣告宣傳開銷較傳統方式便宜，僅占五分之一且更具營銷效益。

另外，競優國際第3季的中國銷售額按季起88%，海外銷售對營業額貢獻46%，去年同期僅30%。公司管理層相信，在一兩年時間內中國將成為營業額主要貢獻來源，但不包括P365貢獻。

聯昌證券研究維持競優國際“增持”評級和1.80令吉目標價，潛在重估因素包括P365推介和中國市場復甦，該股短至中期的技術層面亦正面。

哭哭鸟

IFCA ventures into e-commerce
Thursday, 26 November 2015
http://www.thestar.com.my/Business/Business-News/2015/11/26/IFCA-ventures-into-ecommerce/?style=biz
  
PETALING JAYA: IFCA MSC Bhd, which has long been synonymous with being a software provider, is set to enter the e-commerce space with the launch of a new portal called property365.my (P365).

Chairman and chief executive officer Ken Yong said the portal, which would seek to aggregate all the new launches of major property players here, would allow its users to search for these properties and complete an entire property buying process online.

Real-time information such as how many units have been sold and how many are still available for a specific new launch can also be easily obtained.

According to Yong, the portal, to be launched early next month, is the first of its kind in Malaysia.

“The barriers to entry in doing something like this are very high but much easier for us, as we are already well-versed on the main IT systems of these developers since they have been our clients for so long,” Yong told StarBiz.

Notably, IFCA has a major foothold in the local property sector, supplying software to almost 80% of the entire market. It counts among its clients the big boys of the property industry such as S P Setia Bhd, Mah Sing Group Bhd and the Sunway Group.

According to Yong, IFCA will derive earnings of between 1% and 5% from the value of each property sold, as well as obtain a subscription fee from the developers who use the portal to list their properties.

“You should be able to see the earnings starting to come in by the first quarter of next year,” Yong said.

He said to-date, IFCA had already secured some RM500mil in gross development value (GDV) inventory (new launches) from two developers, and had a target to grow this to RM2bil before the portal is officially launched, possibly in the first or second week of December.

CIMB Research analyst Nigel Foo, who tracks the stock, said assuming IFCA can sell RM2bil GDV through P365 next year, and at a 2% commission rate, its revenue would be around RM40mil from this business alone.

“And assuming a 50%-60% net profit margin, this could boost its net profit by RM20mil to RM24mil, a 45% to 55% 2016 earnings per share enhancement,” Foo pointed out.

Up to the nine months ended Sept 30, IFCA’S net profit stood at RM21.2mil, 77% higher than the net profit of some RM12mil for the same period earlier.

Revenue for the period, meanwhile, was RM78.5mil compared with RM58mil a year ago.

Foo, who has a target price of RM1.80 for IFCA, said the stock could be in for a re-rating, pending a successful launch of P365 as well as a further recovery in the China property market, from which IFCA derived up to 45% of its revenue in the last financial year,

Yong said, for now, the portal would focus on business in Malaysia, as the Chinese market was “simply too big” for something like this.

IFCA shares last traded at 95 sen apiece, giving the company a market capitalisation of some RM533mil.

icy97

推Property365.my网站 IFCA进军电子商务

财经新闻 财经  2015-12-01 12:33
（吉隆坡30日讯）IFCA（IFCAMSC，0023，创业板）目标在今年12月初，正式推介Property365.my网站，借此进军电子商务业务。

公司今天在文告中指出，该网站将列出所有新住宅产业，并带有线上预订功能，可帮助发展商销售旗下产业。

同时，潜在买家也可透过Property365.my，获得房产项目的有关资讯，并进行注册与预订。

在Property365.my售出的每间产业，IFCA将抽取产业售价的1%至5%价值作为佣金，也会获得使用网站服务的发展商所给予的订阅费用。

预期这项电子商务业务，将从2016年为公司捎来贡献。

早前，IFCA在第17届股东大会指出，公司计划推出主打产业领域的电子商务平台服务，放眼该业务成为驱动增长的主要动力。【南洋网财经】

Type	Announcement
Subject	OTHERS
Description	IFCA Ventures into e-commerce business
IFCA MSC Berhad (“IFCA” or the “Company”) will venture into the e-commerce business with an electronic property portal named “Property365.my”, targeted to launch in early December 2015. Property365.my is a digital platform that serves as a marketplace for all new residential properties. It is designed with an online booking feature to help property developers market and sell their projects smarter and faster. Potential property buyers can access all the information on their preferred projects as well as register and proceed to book their preferred units through this platform. IFCA will obtain an income ranging from 1% to 5% from the value of each property sold through Property365.my as well as receive a subscription fee from property developers who utilise Property365.my’s services. The e-commerce business is expected to contribute positively to the Company’s revenue and profits in 2016 and the years thereafter. This announcement is dated 30 November 2015.

icy97

推產業交易網站‧IFCA明年料多賺2400萬

2015-12-10 17:14      
（吉隆坡10日訊）IFCA多媒體（IFCAMSC，0023，創業板科技組）今日終於推出property365.my（P365）產業交易網站，分析員認為，此平台可對發展商及買家帶來雙贏局面，預計在2016年可為IFCA帶來最高2千400萬令吉淨利。

聯昌研究表示，I F C A多媒體推出的平台無論對發展商或買家皆利好，發展商可增加銷售管道，買家則能以簡便和透明化的過程，尋找及預計房產。

該行預計，在接下來的數週內，會有更多的房產上架該平台，目前，已上架該平台的產業總值已達30億令吉。

根據聯昌研究，IFCA多媒體的傭金為產業價格的1%至5%，若在2016年內賣出總值20億令吉的產業，可為IFCA多媒體帶來4千萬令吉的營業額，以50%至60%的賺幅計算，在2016年裡該公司可多賺2千萬至2千400萬令吉，相等於每股盈利增強52至63%。

雖然聯昌研究看好IFCA多媒體發展，但目前還未納入新產業買賣網站的收入，保持評級在“買入”，目標價也維持在1令吉80仙。潛在催化因素是成功推介P365網站和中國銷售比預期強勁。（星洲日報／財經‧報導：陳林德）


IFCA产业网佣金贡献大
财经 股市 行家论股  2015-12-11 14:00
http://www.nanyang.com/node/738508?tid=462

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Date of change	01 Jan 2016
Name	MR CHOW CHEE KENG (DANIEL)
Age	43
Nationality	Malaysia
Designation	Director
Directorate	Executive
Type of change	Appointment
Qualifications	Chartered Accountant  Malaysian Institute of AccountantsFellow member of ACCACertified Professional Trainer & Facilitator (Mal)
Working experience and occupation	Mr Daniel Chow has more than 22 years working experience in Finance, Corporate & Taxation in a number of public listed companies in Malaysia across various industries such as Property, Construction and Information Technology.Immediately prior to this appointment, he was the Chief Financial Officer of IFCA MSC Berhad.
Directorship of public companies (if any)	None
Family relationship with any director and/or major shareholder of the listed issuer	None
Any conflict of interests that he/she has with the listed issuer	None
Details of any interest in the securities of the listed issuer or its subsidiaries	Ordinary shares of RM0.10Direct interest 45,000 ordinary sharesDeemed interest - NIL
Due Date for MAP	01 May 2016