These 2 directors ,AMEER BIN SHAIK MYDIN and SHAMSUL HUSIN kept unloading their shares by the millions since May this year. How is this counter going to be up?
patience they have to unload due to 2 reason I think 1) To allowed some people to buy at lower value before masak ....guessing game as this is GLC company don't forget 2) ESOS the last time & Conversion of warrant to mother share this time ....you need bullet for all of this ...so they may not have the bullet
Keeping time Eng as another Public listed is a good move to ensure contract senang dapat as they are public listed at the same time Dagang net is making money for the loss making subsidiary very easy closed it down ,....transfer all the existing contract if any to other subsidiary to look upon overall budget 2014 is coming
Moday lari cepat. DJ down by nearly 200 points and this too.
Billionaires DUMPING shares on fears US market might SLUMP BY 90%?
An international financial portal explains why billionaires like Warren Buffet, John Paulson and George Soros are dumping shares like crazy to exit the US stock markets.
Moneynews said Buffet had drastically dumped stocks relating to consumer purchasing habits. Buffet’s holding company Berkshire Hathaway had reduced its stake on consumer product stocks by a whooping 21 percent.
Paulson, who made his fortune during subprime mortgage meltdown, had dumped 14 million shares of JPMorgan Chase and entirely freed his hedge fund, Pualson & Co from Family Dollar and Sara Lee, both consumer based stocks.
Soros meanwhile nearly sold all his bank stocks.
And the reason for their decision was related to a prediction made by Robert Wiedemer, an esteemed economist and author of the New York Times best-selling book Aftershock.
According to Moneynews, Wiedemer had predicted that a market correction is looming, to an extent of 90 percent drop in share prices.
Warning readers not to dismiss Wiedemer’s prediction easily, Moneynews pointed that the former and his team had accurately predicted the collapse of the U.S. housing market, equity markets, and consumer spending that almost sank the United States in 2006.
Wiedemer said the bubble burst would be due to the reckless decision by Federal Reserve to stimulate the economy by printing a massive amount of money out of thin air causing a surge in inflation once the money enters the market.
A 10 percent hike in inflation, he said, would result in Treasury bonds losing 50 percent of their value.
“And by 20%, any value is all but gone. Interest rates will increase dramatically at this point, and that will cause real estate values to collapse. And the stock market will collapse as a consequence of these other problems,” he stressed.
The reason why Buffett, Paulson, and Soros could be dumping US stocks, Wiedemer said they saw how companies would be spending more money on borrowing costs rather than business expansion costs.
“That means lower profit margins, lower dividends, and less hiring. Plus, more layoffs,” he predicted.
In video of Wiedemer’s interview commenting on the issue had been viewed over 40 million times. It also comprised a comprehensive blueprint for economic survival that demands global attention.
“People were sitting up and taking notice, and they begged us to make the interview public so they could easily share it,” said Newsmax Financial Publisher Aaron DeHoog.
TESSA kalau takut, tolong tunggu sampai masa yang sesuai. Kalau ada saham sekarang tolong buang cepat cepat dan tunggu sampai harga turun sebab Monday akan turun & dapat balek harga yang patut lain hari, bukan sekarang.
Berapa kaki kena bakar dan hangus bila Censof naik tinggi? Tolong jadi bijak dan tunggu lama sedikit sebab saham ini akan turun Monday ini, tolong berjaga jaga sedikit. Kalau Time ya lah satu comoany yang bagus, tak akan Time di jual dengan discount yang tinggi? Ingat Khazanah bodoh? the Time of today is a pale shadow of its once illustrious past.
Tunggu jatuh minggu depan, tak perchaya? Sila dudok dan lihat lah. Kalau MD Datuk Samsul Husin chakap Time bagus, apa sebab di JUAL berjuta juta Censof shares?
Lihat sini...
Wednesday, 18 Sep 2013
5:13PM SAMSUL BIN HUSIN (20,000,000 Shares Disposed)
Tuesday, 27 Aug 2013
5:31PM SAAS GLOBAL SDN BHD (4,050,000 Shares Disposed) 5:31PM AMEER BIN SHAIK MYDIN (4,050,000 Shares Disposed) 5:31PM SAMSUL BIN HUSIN (4,050,000 Shares Disposed
Friday, 23 Aug 2013
5:19PM SAMSUL BIN HUSIN (1,950,000 Shares Disposed)
Jadi kita bodoh?? Sebab itu saya nasihat mereka tunggu lama sekit sebab saham ini akan turun di Minggu depan, sekain.
Posted by Alex Chan > Sep 22, 2013 12:44 PM | Report Abuse
expected no good profit this year...kepala pun cabut
betul kepala pun cabut, semua kaki hangus. Kawan kawan jangan dibodahkan. Jaga diri, siapa tak berhati hati akan hangus sampai tulang. MD SAMSUL BIN HUSIN sudah jual dan cabut dan kita beli dia punya yang dibuang oleh dia? Kita kadi bodeh kah?
In August SAMSUL BIN HUSIN & other big shareholders even sell at between 36.5 cents to 41.4 cents & now you want to buy at 47 cents and above? Where are your logic & senses? You buy, they disperse or distribute??? so be wise please. Save your money for it to drop further....maybe to perhaps 35 cents???
Berapa kaki kena bakar dan hangus bila Censof naik tinggi? Tolong jadi bijak dan tunggu lama sedikit sebab saham ini akan turun Monday ini, tolong berjaga jaga sedikit. Kalau Time ya lah satu comoany yang bagus, tak akan Time di jual dengan discount yang tinggi? Ingat Khazanah bodoh? the Time of today is a pale shadow of its once illustrious past.
Tunggu jatuh minggu depan, tak perchaya? Sila dudok dan lihat lah. Kalau MD Datuk Samsul Husin chakap Time bagus, apa sebab di JUAL berjuta juta Censof shares?
Lihat sini...
Wednesday, 18 Sep 2013
5:13PM SAMSUL BIN HUSIN (20,000,000 Shares Disposed)
Tuesday, 27 Aug 2013
5:31PM SAAS GLOBAL SDN BHD (4,050,000 Shares Disposed) 5:31PM AMEER BIN SHAIK MYDIN (4,050,000 Shares Disposed) 5:31PM SAMSUL BIN HUSIN (4,050,000 Shares Disposed
Friday, 23 Aug 2013
5:19PM SAMSUL BIN HUSIN (1,950,000 Shares Disposed)
Jadi kita bodoh?? Sebab itu saya nasihat mereka tunggu lama sekit sebab saham ini akan turun di Minggu depan, sekain.
The Directors sold their shares to friendly parties through open market, mark to mark. Withour free float, how to push up. Kahzanah might be the friendly party. Director subscribed the warrant with RM0.46. something is cooking
Investment holding company Censof Holdings Bhd, which chalked up a revenue of RM44.8 million last year, expects to increase revenue by 20 per cent for the financial year ending December 31, 2013, driven by its ongoing and existing projects.
Group managing director Datuk Samsul Husin said the company had secured multiple projects such as Outcome-Based Budgeting from the Ministry of Finance and from the Social Security Organisation (Perkeso) worth RM22.5 million and RM33.08 million respectively.
"We are confident of achieving a better performance this year based on market developments and business trends," he told reporters after the company's fifth annual general meeting today.
Last year the company, which provides and develops business solutions as well as online payment solutions, surpassed the 2011 revenue of RM43.34 million by 3.3 per cent.
Apart from these projects, the group has also clinched a contract from the Inland Revenue Board (LHDN) worth a total of RM5.6 million for the maintenance of SAGA Century and its related hardware.
Samsul said other than these big projects, the company is also keen on undertaking smaller contracts to help sustain its financial performance.
Asked on its plan to expand into other regions, Samsul said the company is always on the lookout for joint ventures and acqusitions as this year its subsidiary Century Software Sdn Bhd has signed an MoU with Estemarat Service Ltd Liability Co to explore business opportunities in the United Arab Emirates, Middle East and Africa.
"As we are looking forward to regional and international expansion, we expect our Malaysia market to contribute more to the group as our majority clients are Malaysian companies," he said.
Censof Holdings to date has 80 clients in Malaysia both from the private and government sectors.-- Bernama
OTHERS CENSOF HOLDINGS BERHAD ("CENSOF" OR "THE COMPANY") - Contract Award
CENSOF HOLDINGS BERHAD
Type Announcement Subject OTHERS Description CENSOF HOLDINGS BERHAD ("CENSOF" OR "THE COMPANY") - Contract Award
The Company is pleased to announce that the wholly-owned subsidiary of the Company, Century Software (Malaysia) Sdn Bhd has received a Letter of Award dated 9 September 2013 (Ref No. : LKIM:KEW.(S) 406/890/912 (11)) from Lembaga Kemajuan Ikan Malaysia (“LKIM”) for a contract named “Perkhidmatan Penyelenggaraan Sistem Saga Century (LKIM : RT1/2013)” for a contract sum of RM1,013,000.00 (“the Contract”).
The tenure of the Contract is for 3 years, commencing from 1 October 2013 until 30 September 2016.
The Contract will not have any material effect on the issued and paid-up capital, substantial shareholders’, net asset per share and gearing of the Company and its subsidiaries (“Censof Group”).
Bearing any unforseen circumstances, the Board is of the opinion that the Contract will contribute positively to the earnings per share and the future earnings of Censof Group.
Censof does not envisage any risk factor arising from the Contract besides business risk. However, the Company will continously be taking appropriate measures to manage and mitigate the risk.
None of the Directors, its substantial shareholders or person connected with the Directors and substantial shareholders of the Company have any interest in the Contract.
The Board, after considering all aspects of the Contract are of the opinion that the Contract is in the best interest of Censof Group.
Directors sold the share earlier to bring down the price to .46 fpr private placement 3rd party (Somebody)??? than on the 20/9 they have been buyin share
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....
Ho Lee Man
151 posts
Posted by Ho Lee Man > 2013-09-19 22:38 | Report Abuse
These 2 directors ,AMEER BIN SHAIK MYDIN and SHAMSUL HUSIN kept unloading their shares by the millions since May this year.
How is this counter going to be up?