Another 4 mths to go before Bajet 2022, I wonder whether Censof starts to work on the VAT or GST software details with the Finance Ministry to implement new taxes.......... or else HOW to cover the fiscal deficit of 6% GDP of 2021 or RM 90 B. from the various stimulus packages (Prihatin, Penjana, SME, PERMAI & PEMERKASA).... last count 6 stimulus packages but still no new taxes .... how to balance the account ? ..... ask Censof, lah ! Censof got the data....
In line with Govt Budget, Govt debt rose from 52% of GDP in 2019 to almost 60% of GDP at Q3 of 2020. The expected rebound in growth in 2021 has faltered since the covid infection 3rd wave in Jan-Feb and 4th wave in Apr-May 2021.
To bring the virus under control, 3 corrective measures are needed :- 1. Hygienic measure 2. Vaccine measure 3. Tax measure...... as Public Health and Vaccine measures all cost a lot of money
so far price is still supported...good sign but let's see whether it can sustain...if can then still can hope it to close higher else will stay again around 30 over cents level till klse back to normal but since company is making sound profit, i think downside risk is minimal
without good result it went up to 50 over cents, with good result, 0.395...lol...., if it was due to fair value adj then not so promising...erm...really need to study the result carefully before buying
Market so bad what u all want to expect not the company bad is all the market bad althought company performance good but it still having a lot selling pressure those who chase high yesterday need think twice not the company problem is your own problem at this situation still willing to chase high then still keep on blaming on this company u all very lousy n low class
Want gambling better go casino ya cuz stock market not so suitable for u all if not later u all sure will lose till bankruptcy that time still keep on blaming the company hahahahaha ldm
STking, go and look at the history of this company, always 1 day show, 20/4, 28/4 and now 19/4...apparently a conman counter, market bad also got counter up, not every counter drop lo
Censof partners Microsoft to deliver GRP system for Govt, public sector needs
CORPORATE NEWS Thursday, 20 May 2021 2:55 PM MYT
Censof group managing director Ameer Shaik Mydin
KUALA LUMPUR: Censof Holdings Bhd is collaborating with Microsoft to deliver its Government Resource Planning (GRP) system, which will run on Microsoft Azure, to meet the evolving needs of the government and public sector.
Group managing director Ameer Shaik Mydin said the GRP system is a flexible and scalable modular financial management system, redefines the future of resource planning for the country’s public sector while enabling the government to deliver enhanced public services with greater accountability and transparency to the people.
Yuppp but did u see the announcement shows that will having a 0.0075 dividend since 2011 n 2012 is the last of the dividend but now company start fund raising n give shareholders dividend n the company start performing well if did not count investment profit from Dnex the company still have 4m profit gain n it’s still growing so sometimes don’t just say what u r see think twice before shouting ya
If u dwn the share of the company u can sell to me ya I will collect from u I prepare 200k for the stock hope tmmr will drop till 340 then I will hoot 40% of the capital of 200k
Operator like good news as easier for them to release their stocks to you. Lol...200k, no worries, operator sure will sell it to you as this is just peanuts to them.
Listening to the The Breakfast Grille interview with the Censof CEO about its future growth certainly interesting for people with longer term view. Its new growth focus on SME, micro sme and commercial, cloud as well as its regional growth plan look very promising. With all these new focus it seems its current qtr EPS of over 2.5 cents could be a benchmark for the future coming qtrs. One probably can be more confidently calculating the estimated annualized EPS as 2.5 X 4 after listening the interview. Interestingly the DJ has mentioned the PE of 24 of Myeg in the interview. So people with longer term view should be able to calculate the FV of censof and probably want to nibble it from time to time too. Very interesting to hear the interview by BFM below. https://klse.i3investor.com/blogs/bfm_podcast/2021-05-20-story-h1565152602-Out_Of_DNEX_s_Shadow_Censof_Focused_On_Growth.jsp
It is likely that the Malaysia's new covid cases has peaked (or within days) and we do not need another full MCO. The Public Health system will collapse if there are insufficient budget to improve it & to purchase vaccines every year (or else, an expensive option to eventually nationalise some private hospitals that are unused and empty).
This calls for Malaysia to introduce a new tax structural reforms like VAT (value added tax) improve the Govt revenues n reduce the budget deficit. Malaysia's tax policy need to be expanded ! Waiting for economic recovery to increase Govt revenues may be years too late.
The coronavirus economic recovery, continued tech adoption and increased demand for public health system are 3 trends set to dominate consumer behavior in Asia in 2021.
Quarantine workers, closing shops and stopping factories for 2-4 weeks are like pressing brakes all the time on the recovery of the Economy.
When you do not have enough test kits, then you can quarantine for 14 days for observations. These days we have plenty of test kits, just not enough clear thinking .....
VAT again will only give more pressure to the public esp those lower income group....even with extra income from taxes, who can make sure the money wont go missing or move into someone's pocket...lol...tricky here la...ask yourself, why so many cases now as it was actually under control previously...who messed up everything....why our country is so poor with deficit...DJ up till 34k points but klse keeps moving down like no tomorrow...with low vaccine injection rate, more foresee more covid19 cases are coming
Covid cases usually peak after an election or festivals, like in India, Malaysia, USA, Singapore, etc. as Covid-19 is public communal infection and then it will tail off. In Malaysia, consumption of goods normally tail off after the CNY/Hari Raya season as monitored in Unilever sales. After this season, covid-19 is trending downwards ...
Globally, total Active or hospitalised cases peaked at 18.5 M in Jan/Feb and then Apr/May.... and yesterday total Active cases is 15.8M and Active case will continue to drop at about 2 M. a month.... no more elections or festivals until next year.
Indonesia's government proposed a shakeup in tax policy, including introducing new levies, to help it boost next year's revenues while reducing the budget deficit ....
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....
STking
63 posts
Posted by STking > 2021-05-19 14:49 | Report Abuse
Ppl won’t care about dividend now cash is power