Posted by Siva68 > 2013-10-06 11:27 | Report Abuse

anyone, bought warrant at 0.31, any target price? should keep or not?

Posted by ran777 > 2013-10-06 14:41 | Report Abuse

Hi Siva, there is all posibility that GST can be implemented in the forth coming budget.If this happens, both mother and warrant should go up if Time Eng is awarded for the software.But if any sort of MGO or GO given to Censof by any interested party, holding warrant wont be impressive, infact sometimes may drop drastically but the mother share will react vigprously to the news. Censof giving a MGo for Time Eng is not a great news as far as Censof is concerned.

Posted by Siva68 > 2013-10-06 18:02 | Report Abuse

Thnx ran777. Now sudah beli. Don't know can hold or not the warrant.

Posted by FAST_5 > 2013-10-06 18:09 | Report Abuse

censof uptrend .. 20MA cross above 200MA

Posted by ran777 > 2013-10-06 19:19 | Report Abuse

I only bought warrant and waiting. I am very clear that there is no Mgo to censof. This is my opinion

Posted by anbz > 2013-10-06 23:01 | Report Abuse

stupid counter too overvalued

Posted by Alan Tan > 2013-10-07 00:29 | Report Abuse

all talked about gst tak jadi apa macam?

Posted by louise123 > 2013-10-07 16:58 | Report Abuse

y go down so much, can advise?

Posted by Alex Chan > 2013-10-07 17:04 | Report Abuse

sudah goring..tidurlah.........some more suckers for the warrants...falling knife

Posted by minitrader > 2013-10-07 17:13 | Report Abuse

another shitty counter...lots of empty promises..

Posted by stockguru > 2013-10-07 17:18 | Report Abuse

no eyes see

Posted by Alex Chan > 2013-10-07 18:21 | Report Abuse

testing 45-46 soon......break it is 42

Posted by Bobby31 > 2013-10-08 10:50 | Report Abuse

coming soon ...dato Nazri is already kipas Censof / myeg in the edge last week on GST. Time have already put in retender for Kastam becoz if any changes to new vendor at least 1 year before expiry of contract to allowed new vendor to come in for migration and Blue print ....

Take it easy .....No MGO for Time becoz it need to remains as Public listed to maintain the contract with KAstam

Posted by Bobby31 > 2013-10-08 10:54 | Report Abuse

Buy now please

Posted by GoldenRay > 2013-10-08 11:28 | Report Abuse

Coming weeks will be GST counter play. Collect more !

Posted by Janet_cd > 2013-10-08 11:43 | Report Abuse

Implementation of GST would require dev of application to cater for it. Censof would be in a idle position to take advantage of it, as they are already providing extensive software apps to govt agencies.

Posted by Bobby31 > 2013-10-08 13:42 | Report Abuse

Published: Tuesday October 8, 2013 MYT 12:00:00 AM
Updated: Tuesday October 8, 2013 MYT 11:21:24 AM

Economists urge Govt to implement goods and services tax


Kenanga Research economist Wan Suhaimi (right) says Singapore's GST implementation led to substantial reduction in corporate and income tax, tripling of per capita income and drew large investments and human capital, while Kenanga head of research Chan Ken Yew thinks the introduction of GST might even lead to a rally on the local bourse.

Kenanga Research economist Wan Suhaimi (right) says Singapore's GST implementation led to substantial reduction in corporate and income tax, tripling of per capita income and drew large investments and human capital, while Kenanga head of research Chan Ken Yew thinks the introduction of GST might even lead to a rally on the local bourse

KUALA LUMPUR: The sooner the better. That’s how economists feel about the goods and services tax (GST), whose unveiling is widely anticipated in Budget 2014.

Kenanga Research economist Wan Suhaimi Saidie said a comparative study on the broad-based tax in Australia, Singapore and Thailand showed a positive wealth effect, with the three countries experiencing three- and even four-fold increases in gross domestic product (GDP) per capita post-GST.

“It’s basic economic theory. As the system becomes more efficient across the supply chain, wages, prices and wealth can be distributed more evenly,” he said at a briefing yesterday.

Wan Suhaimi cited Singapore as having the best model for the GST implementation, which saw the city-state substantially reducing corporate and income tax, tripling per capita income and attracting large investments and human capital.

Kenanga Research is expecting an initial GST rate of between 4% and 7%, with 5% being the most likely.

The consumption-based tax, on which basic necessities would be exempted, could be introduced next July at the earliest or January 2015, the local research outfit said.

But Wan Suhaimi suggested that a quick implementation was crucial if the Government intended to stick to its deficit reduction target of 3% by 2015.

Rating agencies, which have been keeping close tabs on Malaysia’s debt situation and dwindling current account surplus, are also in favour of the Government cleaning up its fiscal house, rather than being fixated on growth, which should come naturally with the recovery in external demand, Wan Suhaimi said.

Kenanga Research said a January 2015 timeline for the GST would result in an end-2015 deficit of 3.5%, off the Government’s target by 0.5%.

If the tax took effect next July, however, then the fiscal deficit is likely to be pared down to 3.1% by the end of 2015, its numbers show.

The GST introduction might even lead to a rally on the local bourse, if the stock markets of Australia, Singapore and Thailand were any indication, Kenanga head of research Chan Ken Yew said.

Their benchmark indices soared shortly before the tax came into effect, as consumers hoarded goods and services to avoid paying higher prices, giving markets a short-lived sugar rush.

On his outlook for the market, Chan said he was adopting a “cautiously optimistic” approach, advising clients to buy on weakness – especially if the FTSE Bursa Malaysia KL Composite Index plunges below 1,745 points – and be selective in their stock picks.

And despite the impending pullback of the US Federal Reserve’s easy money policies, which fear-mongers said would drive an unprecedented exit of foreign capital from emerging markets, Chan is taking a contrarian view.

“Foreign investors are returning to Bursa Malaysia. They turned net buyers again recently,” Chan said, noting that the still near-zero interest rates in most Western countries were a boon to monetary expansion

Posted by Bobby31 > 2013-10-08 13:47 | Report Abuse

believe me if GST implement >>.Sure ada chance ,,,CENSOFT look even Khazanah let go TIME to censoft and not to MYEG .... must have a reason ...Think

Posted by ran777 > 2013-10-08 13:58 | Report Abuse

All this news are positive and shows that it shall happen.The only concern is that this counter is not reacting to all we read and hear.Only 16 days to go for the budget and announcement. Shoukd it react by now?

Posted by kahsinaw > 2013-10-08 15:09 | Report Abuse

good to pick today

Posted by Siva68 > 2013-10-08 17:27 | Report Abuse

Still holding on warrant at 0.31. hope besok ada good news linking to GST.

Posted by minitrader > 2013-10-08 17:33 | Report Abuse

aiya, this stock slow ler...lali kuat kuat le...

Posted by azta12 > 2013-10-08 17:49 | Report Abuse

lepas ni,mesti lali . lagi lali tak ada pakai seluar punya.hihihi

Posted by azta12 > 2013-10-08 17:56 | Report Abuse

if not, this shamsul has to lali without his pants .baru dia tahu.....

Posted by GoldenRay > 2013-10-08 18:13 | Report Abuse

http://gst.customs.gov.my/en/Pages/default.aspx

GST official website is up and running.
Campaigns are going on throughout Malaysia.

GST certainly WILL kick in on Bajet 2014.

Posted by Siva68 > 2013-10-09 17:46 | Report Abuse

Holding steady. No prop up yet. Any news?

Posted by Forwardinvestor > 2013-10-09 20:35 | Report Abuse

Censof can start integrating with DN for a bigger GST implementation. The saas business model will rack in strong cashflow from FY15. Hope to hear dividend payout policy then.

Posted by esegaban > 2013-10-09 22:18 | Report Abuse

also explode tomolo too....

Posted by Forwardinvestor > 2013-10-10 09:04 | Report Abuse

The warrants are tightly held. "Insiders" are willing to buy at such a high premium indicating the underlying will go to much higher level.

Posted by azta12 > 2013-10-10 09:13 | Report Abuse

lari kuat sikit.

Posted by GoldenRay > 2013-10-10 09:20 | Report Abuse

Sharks collecting since 485, TP at least 600, to be on par with GHLSys

Posted by azta12 > 2013-10-10 09:26 | Report Abuse

Asian stocks open higher, as hopes grew for a break in Washington's political impasse.

Posted by FAST_5 > 2013-10-10 10:03 | Report Abuse

fly fly fly

Posted by GoldenRay > 2013-10-10 10:12 | Report Abuse

http://klse.i3investor.com/blogs/kenangaresearch/38300.jsp
Kenanga TP 0.61

Posted by tomwah > 2013-10-10 11:48 | Report Abuse

come on jumps high high :)

Posted by kritikka79 > 2013-10-10 12:01 | Report Abuse

go go go censof.

Posted by ran777 > 2013-10-10 14:04 | Report Abuse

Censof offering the rest of 54.97% shares of Time Engg.

Posted by excelyou > 2013-10-10 15:02 | Report Abuse

News To recap, CENSOF had on 12th of September entered into a conditional share sale and purchase agreement (“SSA”) with Khazanah Nasional Bhd to acquire 45.03% or 349,112,731 shares of RM0.20 each in TIME Engineering Bhd (“TEB”, NOT RATED) for a cash consideration of approximately RM69.82m.

Yesterday, CENSOF was granted approval from Bursa Malaysia to proceed with the takeover offer within two

months from the completion date of the acquisition.

In addition, CENSOF also received concurrence from Securities Commission Malaysia that the offer would not result in a significant change in the business direction or policy of CENSOF upon the acquisition

Posted by azta12 > 2013-10-10 15:02 | Report Abuse

hihihi

Posted by excelyou > 2013-10-10 15:03 | Report Abuse

INSIDER BOUGHT 5,000,000 SHARES AT RM0.53

Posted by excelyou > 2013-10-10 15:05 | Report Abuse

CENSOF WILLR T RECORD PROFIT FROM COMPREHENSIVE INCOME OF RM24 MILLION FROM THE ACQUISATION OF TEB SHARE AT RM0.20 SOON. A MAJOT BOOST TO PE.

Posted by Bobby31 > 2013-10-10 16:15 | Report Abuse

excelyou>> how can censof gain as after MBO at .20 he cant sell the share away...furthermore the dividen Khaazanah sudah makan only sell the share

Posted by Bobby31 > 2013-10-10 16:16 | Report Abuse

excel >>> you seems to have good infor on insider buying ...than inider should have bought when share is very low why only now???/What kind of insider is this ???.

Posted by midtermtrader > 2013-10-10 16:21 | Report Abuse

Rumours flying when market goes up. Better study the chart before buying.

Posted by FAST_5 > 2013-10-10 16:31 | Report Abuse

MGO would not result in a significant change in the business direction or policy of Censof and therefore are not subject to the SC’s approval under section 214(1) of the Capital Markets and Services Act, 2007 (“CMSA”).

Posted by GoldenRay > 2013-10-10 18:25 | Report Abuse

This 2 weeks will be GST and IT company goreng season.
Fund managers of the country are eyeing these counters.
Check back, I already hinted last week.

Comparing at Cuscapi, GHLSys and Censof.
Censof is still having big ground to grow.
More to come.

Posted by azta12 > 2013-10-10 18:26 | Report Abuse

U.S. stock index futures pointed to a higher open. Shares in Europe strong opening, taking a cue from Asia & boosted by the news that the House GOP leadership is meeting with President Barack Obama in a bid to resolve the budget deadlock.

Posted by Siva68 > 2013-10-10 19:00 | Report Abuse

any idea why warrant going up faster than mother share? looks like will go above exercise price.

Posted by Forwardinvestor > 2013-10-10 19:04 | Report Abuse

KIBB TP of RM 0.610 is conservative. They have not factored in the GST awards. Revenues could come by the 100 millions. Imagine a proprietary saas business model, the margin can be very high. MYEG ,with business coming mainly from JPJ and immigration, is trading at 23x; I cannot see why analysts do not see the gem in Censof.
I like to compare Censof with Bank of Commerce (BOC). In those days when Khazanah cleaned up Bank Bumi (BB) and sold its stake in BB to BOC. It was very clear cut that Khazanah wanted to help BOC.The profitable BOC grew and then merged with CIMB Today I see the same intention of Khazanah making Censof the king maker in the ICT infrastructure (one of the 12 NKEA).
So guys look forward, think of good steady growth with good dividend payout and many bonus issues, you will get fund managers in the beeline.
Dont think of RM 0.61 or RM 0.88. Think of 1000% gain in the next 5 years!!

Posted by Forwardinvestor > 2013-10-10 19:10 | Report Abuse

What is Censof's vision? Why would they be holding annual global conference on Business Solutions? Isnt this Khazanah's ambition?