Moreover, Censof still holds 17.94% of DNEX. In market cap, at 17.94%, the current value is RM136.78 million. Can some one explain to me which one is better, Censof or Dnex? Thanks
Censof is still steady. No panic selling. Vol is still low at 6.8 million. As compared to DNEX, the selling pressure is coming in because the vol is over 130 million. Dnex-wd is worst as the selling price pushes the vol to over 390 million.
For Censof, the current share price of RM0.325 is about the net asset price of RM0.3238. As for DNEX, the share price now is RM0.415 and the net asset is RM0.23
To re test 0.35 next week..base on 2 weeks price range upward momentum still intact on moderation mode. Should break 0.35 out...tp 0.40 might be crossing over. .my 2 cents point of view.
To Recap, Censof started to have transaction vol on 24/7 ( 72 million) @RM0.27, and 2 other days with vol of 44 million) the rest were less than 20 million daily vol of transaction. The highest price is RM0.35. As compared to DNEX, the high transaction vol started on 16/2/17 @ RM0.31 with vol ranges from 70 - 226 million. With the total shares of 1732 million, it has done well to push the share price up from RM0.31 to RM44.5 and closed at RM0.39. On the other hand, share price of Censof has not moved up much with thin transaction vol. Imagine if those who goreng Dnex shares decide to move to Censof, the sky is the limit. Dnex has achieved the high of RM0.445, that is the historical high since year 2007 Whereas Censof historical high share price at 2011 at >RM0.7. Much much room for Censof to move higher once minor consolidating phase completes.
Be careful dont get stuck in censof.... hanwen This pm saya main 4 kuda : IFCAM, MRCB-wa RHBB-CW, OCK-WA....Datukkong tolong misti kasi popi-popi!!! 06/03/2017 16:35
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KingDavid
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Posted by KingDavid > 2017-03-03 14:45 | Report Abuse
Moreover, Censof still holds 17.94% of DNEX. In market cap, at 17.94%, the current value is RM136.78 million. Can some one explain to me which one is better, Censof or Dnex? Thanks