Now is the good time to top up more because of the good reason. Censof got 2 project in hand. Its not MoU but LOA. Meanwhile DNEX is no need talk about it because we already know the reputation of this company. Now it is depend to both of the master to pushing up the price..
I still suspect that DNeX will reverse take over Censof as Censof already owe 314 million DNeX's shares. It only takes DNeX to issue less than 10% of shares to acquire 100% of Censof because of 300+ shares already owe. It will benefit both companies.
It is the same as taking it to be private ( out of Bursa). One way to do that is to exchange Censof's shares with DNeX's shares. It will benefit both companies since Censof has already owe 314 million DNeX's shares. This is just my hunch.
Censof will not move alone without DNeX. It is very clear to me that Censof has to become IT arm of DNeX. To do that the mother "Censof" has to merge with the son "DNeX" to become one entity. I am hopeful of that.
Honestly speaking, Censof is very much under value. Just being ( 314 million shares) shareholder of DNeX @ RM0.5 is already worth = 314 million x RM0.5 = RM 157 million / 501 million shares = RM0.3133 per share. Now the share is trading at RM0.285. It is crazy.
@hallelujah92, Censof is in downtrend mode, in my humble opinion no point park your money here unless you are stuck like me, haha. Can look for opportunity elsewhere.
@atomicblonde, i hope so too that it will rebound. But judging from the way they sell, it might due to insider aware of the quarter results is not that good. anyway, lets be optimism haha
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newrookie
612 posts
Posted by newrookie > 2017-08-03 11:02 | Report Abuse
KingDavid & GGecko.. Censof master is pull up but DNEX master is pull down. Now the rope is very tense...