If DNeX first quarter profit of RM16m is still not good enough, I don't expect Censof fourth quarter profit could be as impressive as DNeX's. What then?
Idm123.. Be a long term investor. When hit 0.50 sell it then if it pull back buy again then sell back when it go up again. Don't focus at Censof only. There have many good stock in the Bursa. By the way its your money so it's your decision..
Outis.. Your facts it's very true but Malaysia stock market is very weird, strange & crazy. Even Wall Street guys also will pening if they trade in Malaysia. The QR make it profit but the stock price is going down day by day. Yesterday Geely take over Proton but DRBHICOM price still going down. Malaysia stock market still not matured enough..
I hope Censof did not depend on DNEX performance. Censof must stand up by itself. Today or tomorrow QR will release. Lets pray to God so Censof can come out with very very positive result & make a huge profit by selling million of shares from DNEX last month, rewarded RM7.5m contract by LHDN, earning IRB and MAMPU projects last year but if the QR still show negative, I do not know what else factors to make this stock can go up. They just want keep it our money maybe..
Idm123... As I told before its a big up or big down within 7 working days. So far we all can see its a big down. Decrease of 6 cents is big for me but I will hold it until end of June, 2017. Hope can reach 50 cents at end of next months. That's me.
RAYA stock also make it profit 54,000% in QR (Fifty four thousand percent) but still going down. So who care about QR.. Malaysia stock market not matured enough.. Just follow Ichimiko cloud, rumors, news, trends & graphs.. That's it..
when they sold the geese (Dnex shares) that lay golden eggs, it signals that the company is in bad shape. Not surprised if they gonna sell all the remaining geese. I sold all my censof (0.2x) and bog dnex (o.3x) last February d. Now also sold all my dnex... waiting for it to go down to 0.4x.. wakakaka
Revenue was only 17+ million with gross loss of RM10+ million for the 4th quarter. With whole year net profit of RM13,259 million, the basic earning per share is 2.64 cents. The PE ratio of less than 12 is respectable but future prospect is ????
Censof is only holding 17.25% DNeX shares based on the annual report. With that, Censof is already worth more than the current price of RM0.325. What happen?
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....
KingDavid
2,666 posts
Posted by KingDavid > 2017-05-25 14:35 | Report Abuse
It is the fact and 100% true.