Though warrant dropped to 37.5cents low, it was able to trace back to 40.5cents. Remarkable recovery. There should be something firm to come and thus the recovery.
Hi ran777, thanks for the storm note. Yes u will never know which way it heads. Out for a meeting today, could not monitor diligently but heart sank when it when down 0.375 for the warrant and it was a remarkable recovery in the evening, strong close and need to weed out all the t+3. Looks good for tomorrow. Lets hope morning there is a push instead being an afternoon stock.
@ran777, sinchew reported Government GST will positively affect on IT companies like Censof and Myeg (platform,security,communication,operation on GST). Besides, Communications counters like Digi, Maxis and Axiata may ride the positive wave too because the GST% will be channel to consumers instead of companies.
NICE! All training,software,hardware,items related to GST Setup will be tax exempted for 2 years! Public will pay to train and buy with Censof, expect MAJOR revenue for Censof~
Ministry of Health, Ministry of International Trade and Industry, and Ministry of Finance to undergo performance evaluation based on Outcome-Based Budgeting (OBB). Cost of RM 100+ million. Juicy for Censof.
Siva68,, woooo, hope it really comes alive as Censof is my 1st stk that i bot d biggest in term of $$$.. hahaha, if that is the case, RM1 profit margin as motivated my FortuneBull will be materialised very soon..
Some key contracts held by Censof are the outcome-based budgeting system, valued at RM22.5mil for five years, awarded by the Finance Ministry and used in Budget 2013. It also has jobs with Perkeso and the Inland Revenue Board worth RM33.08mil and RM5.6mil.
TQ GoldenRay,, i m only a TA who doesnt know how to count fair value or intrinsic value but based on what u say, u ve given me fullest confidence which i need it.. TQ..
NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS): OTHER ISSUE OF SECURITIES CENSOF HOLDINGS BERHAD (“CENSOF” OR THE “COMPANY”) PROPOSED ISSUANCE OF REDEEMABLE CONVERTIBLE NOTES (“RCN”) WITH AN AGGREGATE PRINCIPAL AMOUNT OF UP TO RM100.0 MILLION (“PROPOSED RCN ISSUE”) CENSOF HOLDINGS BERHAD
Type Announcement Subject NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) OTHER ISSUE OF SECURITIES Description CENSOF HOLDINGS BERHAD (“CENSOF” OR THE “COMPANY”)
PROPOSED ISSUANCE OF REDEEMABLE CONVERTIBLE NOTES (“RCN”) WITH AN AGGREGATE PRINCIPAL AMOUNT OF UP TO RM100.0 MILLION (“PROPOSED RCN ISSUE”) We refer to our announcements dated 14 May 2013, 25 June 2013 and 5 September 2013 in relation to the Proposed RCN Issue (“Announcements”). Unless otherwise stated, abbreviations and definitions used throughout this announcement shall be the same as those previously defined in the Announcements.
On behalf of the Board of Directors of Censof, KIBB wishes to announce that Bursa Securities had, vide its letter dated 24 October 2013, approved the listing of such number of new Censof Shares to be issued pursuant to the conversion of the RCN, subject to the following conditions: •Censof and KIBB must fully comply with the relevant provisions under the Bursa Securities Main Market Listing Requirements (“LR”) pertaining to the implementation of the Proposed RCN Issue; •Censof and KIBB to inform Bursa Securities upon the completion of the Proposed RCN Issue; •Censof to furnish Bursa Securities with a written confirmation of its compliance with the terms and conditions of Bursa Securities’ approval once the Proposed RCN Issue is completed; •A certified true copy of the resolution passed by shareholders at the extraordinary general meeting for the Proposed RCN Issue; •A letter from the Securities Commission Malaysia for the issuance of the RM100.0 million RCN under the Private Debt Securities Guidelines; and •Censof is required to furnish Bursa Securities on a quarterly basis a summary of the total number of shares listed (pursuant to the conversion of the RCN) as at the end of each quarter together with a detailed computation of the listing fees payable.
In the event the new ordinary shares to be issued pursuant to the conversion of the RCN (“Conversion”) will be listed and quoted as the existing securities of the same class, quotation of the new ordinary shares will commence on the next market day after the following: •Submission of the share certificate together with a covering letter containing the summary of the Conversion to Bursa Malaysia Depository Sdn Bhd (“Bursa Depository”) before 10.00 a.m. on the market day prior to the listing date; •Receipt of confirmation from Bursa Depository that the additional new shares are ready for crediting into the securities accounts of the respective account holders; and •An announcement in accordance to Paragraph 13.2 of Practice Note 28 is submitted via Bursa Link before 3.00 p.m. on the market day prior to the listing date.
In the event the new ordinary shares to be issued pursuant to the Conversion will be separately quoted from the existing securities (i.e. “A” shares), the listing and quotation of the new ordinary shares will take place two (2) market days upon the receipt of an application for quotation by Bursa Securities as specified under Part C of Annexure PN28-B.
Censof is required to ensure full compliance with all the requirements as provided under the LR at all times.
This announcement is dated 25 October 2013.
-------------------------------------------------------------------------------- Announcement Info Company Name CENSOF HOLDINGS BERHAD Stock Name CENSOF Date Announced 25 Oct 2013 Category General Announcement Reference No MI-131025-63621
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....
midtermtrader
1,166 posts
Posted by midtermtrader > 2013-10-24 18:01 | Report Abuse
Dropping from RM0.56