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Hi I am new and let me share some facts here. Ifca strong hold it's on property software. 70-80% major developer using it's software and this for sure on phase 1 e-invoice. They have approximately 1000+ customer base and 200+ on phase 1 while remaining on phase 2 and maybe minority on phase 3.
The different between GST vs e-invoice it's both having one off implementation cost plus yearly maintenance fees however e-invoice it's chargeable for invoices send to IRB. Either per invoice or range.
Current QR it's reflecting mostly phase 1 customer and upcoming next few QR should be great too. Customer based in Malaysia and Indonesia it's rising while declining in China.
Hopefully current pullback it's healthy before next run. Director huge selloff earlier it's off market sales( not sure to which group of investors) it's higher than current price.
Following successful validation, suppliers can acquire a Unique Identifier Number from IRBM through Direct API Integration or Mylnvois Portal. This IRBM-issued number not only enhances traceability but also acts as a safeguard against e-Invoice tampering.
Most of the software provider learned their lesson from GST era. They have moved most of their system into saas model and it's based on subscription. With e-invoice it required either additional module or upgrade together with consulting and implementation charges. This is how they earn additional income and most importantly recurring charges. Unlike GST one off investment and that decline has reflected on their subsequent QR after GST go live.
It depends what we are looking for. Excitement goes for what you call manipulative stocks else stay constant and stable on those dividend and minimal movement counters. The point it's to follow the manipulative direction. Short sell when it's opposite direction and follow the wave when it's up trend.
Based on what I know, big company system for eg. ERP system, their e-invoice module/system is yearly subscription based + implementation charge, and it was way more expensive than I thought. And yes, for such implementation software company is getting recurring income from their customers as there's cost to system operation and system support.
Based on my limited knowledge peppol it's for company to trade with international partners. Even before Malaysia launch e-invoice they should have engaged with peppol provider in the past and that remains for now or upgrade.
While with IRB launching e-invoice it's a different requirement where we need API to sync with them and this is where all these new company developing the new module and rolling out for the last couple of months and more for upcoming phase 2 and 3.
This shall explain the different between peppol e-invoice with Malaysia e-invoice requirement. Imagine the numbers of register company in entire Malaysia and the cost of rolling out to meet e-invoice requirement. It's a big market with huge upfront and recurring cost. Imagine the potential impact on the upcoming few QR.
As for those peppol solution provider, there are 4 listed on bursa, some was accredited by MDEC already some in the process of being accredited. However I'm not aware of the market potential of this particular solutions. I guess must be those big guys over 100m revenue.
