It seem to try breaking out last weekly price range..if break it will touch 0.40. This week might be the best to complete significant 2nd wave..since the position of overbought already taken place..
Talking about goreng. It is much easier to goreng Censof than DNEX. Total shares for Censof & Dnex are 501 million and 775 million respectively. Similarly, it is much easier to goreng Censof-Wb & Dnex-Wd due to less shares in the market. I believe if really goreng Censof & Censof-Wb, they will fly. Therefore, assuming it is goreng, Price of Censof should easier reach above 0.38 this week. My 1 cent comment.
270217 315 325 295 300 280217 285 295 275 290 010317 295 310 290 305 DAY 1 Reversal came thru', hopeless bears were saved 020317 310 335 305 325 DAY 2 (TODAY!) Price overshot, tomorrow's meals (345) eaten today 030317 330 355 330 345 DAY 3 (Tomorrow!) Enough Lah! Leave this for others to gain lah!! ............................... akan datang 28/02/2017 17:53
Remember : If we buy contra, no cash outlays/pickup, clean fast big profits for 2 or 3 days, what are we waiting? Chinese poem also says " when flowers ripe for picking,pick it; dont lament when flowers faded to pluck the branches..." -- very philosophical kan? my sifu's Datukkong also concurred!!!!
sure dnex is better. if censof warrant is below 0.1 people will buy for the profit margin, now just a little bit better than Dnex warrant profit margin, why buy censof that not perform well in Q result.
Support at yesterday closing price for both Censof & Dnex group. Good sign. But selling pressure is on Dnex-wd as the transaction vol is already 80 million.
Consolidating at small vol with -3% price is normal. There is no sign of huge selling pressure building up. Even for Dnex-wd, the huge selling pressure is absorbed.
Total total of shares for Censof is 501 miilion @0.2 and at current price of RM0.335, the market cap is only RM167.8 million. Comparing to DNEX, the total shares is 1,732.891 million and at current price of RM0.44, the market cap is RM762.472 million. That is about 5 times higher.
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manja
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Posted by manja > 2017-03-02 10:50 | Report Abuse
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