Idm123.. I already top up more in mother share. I believe mother share will not lower than DNEX-WD. So I save extra bullet waiting Censof mother share going down to 0.30 but I hope not because its not good to me too. So far I bought at variant price 39.5, 32.5 & 31.5. I'm a swing & mid term investor. So I invest bit by bit to all potential stock are in red.. So Idm123.. Base on my explanation decision is yours..
The management of Censof is not doing great as it's subsidiary company ABSS appointed DNeX as distributor of their software "Financio" in Malaysia & Indonesia. It is supposed to be done by Censof. What is happening now in Censof? newrookie, please ask your connection in Censof why Censof can not do the job.
My strategy is right again. Buy in red & now gain a profit. Sold at 33 cents for price 31.5 & 32.5 that I bought last few days. ADA UNTUNG AMBIL WANG..
newrookie, DNeX is appointed as distributor of "Financio" for Malaysia & Indonesia. So Censof is downgraded and only be 51% shareholder of ABSS who developed "Financio". That shows that the management of Censof is not up to expectation.of ABSS and need to use DNeX's network. It will benefit Censof but not as much as before.
King David.. So sad with this news. Censof cannot stand by itself.. The staff told me maybe 12-9-2017 AGM will be held. I have a lot of killer questions to ask BOD. Must act like KYY..
It seems the support @RM0.325 but it could give psychologically effect for people to buy @RM0.33. Whatever the reason, when people starts to dump @RM0.325, it will give indication the true support level. Happy trading.
The value in Censof is the 17.073% shares in DNeX. DNeX's share at RM0.585, the market cap is RM1024 million and at 17.073%, it translates into RM174.83 million. Censof's share price @RM0.33, the market cap is only RM166 million. Being a 17.073% shareholder of DNeX, Censof is already worth about RM0.35 per share. Has someone discovered the gold mine yet?
PETALING JAYA: Information technology solutions provider Censof Holdings Bhd, through its 80%-owned subsidiary Knowledgecom Corp Sdn Bhd (KCom), inked a memorandum of understanding with the Penang Skills Development Centre (PSDC) yesterday to offer Industry 4.0-certified training programmes.
According to a statement, KCom and PSDC will jointly collaborate to develop and promote Industry 4.0 certification programmes across the whole of Malaysia and jointly set up the Centre of Excellence in Technology (CoET) in the Federal Territory.
In addition, KCom has also been appointed as the exclusive technology partner to deliver and manage the Industry 4.0 programmes with all CoETs.
The collaboration between KCom and PSDC aims to promote the National Empowerment in Certification and Training for Next Generation Workers (NECT-Gen – Industry 4.0).
Censof group managing director Ameer Shaik Mydin (pic) said the Industry 4.0 digital revolution is expected to bring significant changes to business processes all over the world. “The certification programmes are aimed at building a multi-talented and multi-disciplined Malaysian workforce that embraces the new digitalization and automation challenges of the Industry 4.0 revolution with the advent of Big Data analytics and the Internet of Things,” he said in the statement.
Won Letter Of Award from LHDN worth RM7.5m on May 8th '17 but nothing happen next day until today. The price still going down day by day & yesterday won another government contract from LHDN also worth RM5.98m. Hope this time will not like before..
newrookie, the expectation of Censof to follow "DNeX" is still strong. As DNeX is being pushing down further, it affect the price of Censof. I hope it is only temporary.
Post a Comment
People who like this
New Topic
You should check in on some of those fields below.
Title
Category
Comment
Confirmation
Click Confirm to delete this Forum Thread and all the associated comments.
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....
newrookie
612 posts
Posted by newrookie > 2017-07-12 10:52 | Report Abuse
Idm123.. I already top up more in mother share. I believe mother share will not lower than DNEX-WD. So I save extra bullet waiting Censof mother share going down to 0.30 but I hope not because its not good to me too. So far I bought at variant price 39.5, 32.5 & 31.5. I'm a swing & mid term investor. So I invest bit by bit to all potential stock are in red.. So Idm123.. Base on my explanation decision is yours..