PJ2021, Bursa logic, if QR profit, the stock price will drop. If QR loss, the price will going up. So the QR today green, you can expect what will happen tomorrow
@ PJ,please take note, Objectives n TP are 2 different px.TP are for long term investors, however long term can turn into short n mid term. Objective is u think u make profits u sell lahh cz the objectives of buying is to make money. I m quite confident cz Censof has been getting contract without failed from govt body n the previous issues r revenue. When E-Invocing are mandatory,my guess contract@ revenues will start to pour in.As I can remember,PDC contract is first time n my guess most State Development Corporation @ SEDC will follow.There are few others PLCs wth the solutions. I choose Censof for few good reasons.
@ Mario, u need to understand few things that no much ppl understand. Hope u remember this,JUST BEFORE OR DURING FYR ANOUNCEMENTS FOR MOST PLCs, it's wise to be extra alert of the financial impacts n overall sentiments .U must roughly agak2 from their performances history n current n future business n lots n lots n lots more things to understand.
Red Alert!!! US market yesterday was bloody red. Expect this stock to drop further down as today is profit taking session. If confident with the stock, can average down. Prepare for cutloss or take any profit you have and wait at bottom.
@ Mario,DJ up down are normal,the sentiments are down too much.Jusr minus 177 points biasa biasa saja.Stock mkt behaviour sometimes difficult to predict even DJ up few days 1k+ points Msian mkt not really response.
Just as what I tought. Opening 29sen. Good QR mean nothing in bursa. Hahahaha. Now below my buy price already. Hopefully not triggered my stoploss. Now time to off PC and rest my mind. All red. Msian market are very unpredictable. Full of syndicate. The price up when they say they say so. See you all next few month. Some say, Msian market these few month will not be good based on previous previous year. Good luck all
Increasing exposure in this gem to make further imminent gains especially from e-invoice projects which the whole Malaysia has NO choice but to adopt this new era!😀
Nobodyisland, ya ya, purposely by syndicate. Lets hope they push it to below 20sen. Strong downtrend pattern. It just a matter of time for them to break 25sen support
This company can have 100 to 1000 contract but the price are stagnant or drop. True meaning of controlled by syndicate. Just hope they want to push the price again to 40sen in this few months or else have to wait 3 to 4 years for the price to move up
Nobodyisland, for those who bought at 42sen, should buy again when the price drop at 25sen last 2 week. Most probably the price will never reach 42sen again. Average down is the answer. Or else, keep praying the shark wanna push the price above 42sen. If not, then u got trapped at penthouse la and forever stuck
I believe long term is 60 cents.. When einvoice become matured and adoption rate on 90%, the revenue will be strong against fixed overhead.. Looking at least 30% net profit margin from all this software sales
With a solid dividend plan, institutional player will be coming in for sure
Other than e-Invoice, already there is talk to reintroduce GST in near future and hence another great opportunity for this company to size up more lucrative contracts! There is NO turning back in the current digitalisation journey that the whole world is going through now!
Semput already. Seem like nobody believe this stock can thrive to 30sen and above. Whoever stuck at top can sit with me here. Wait for it to go above 30sen can escape already. Got many project but no use, the price stagnant.
Back to 28sen again. Most probably will drop back to 20sen. Nobodyisland, i feel pity on you. Average down or wait next year or next 2 year before it reach 40sen again. Hopefully big shark want to goreng this kaunter
Got contract but no power. Hoping there would be 1 more round for goreng2 take place. Einvoice theme kaput already, now people talk about cyber security and data centre. Please shark, 1 more push. Stuck at top right now hoping for a miracle
With the government imposing rocket science in its rationalisation of various subsidies, obviously, these cannot be done without help of massive Information Technology system. Am sure all IT companies will have a share in these lucrative IT solutions in months to come.
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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....
MarioBros
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Posted by MarioBros > 2024-08-22 22:35 | Report Abuse
PJ2021, Bursa logic, if QR profit, the stock price will drop. If QR loss, the price will going up. So the QR today green, you can expect what will happen tomorrow