look at the weather people ...censof trend is if move it will after 3 pm ...if really want to move like jagger than will rock in the morning so seat back and relax
study my friend ...if you watch this counter ...its movement is always in the afternoon . If you like a person you will watch her from top to bottom every inch of the way ...so censof is a darling and she spoil us with profit$$$$ so lee9 ...start appreciating the method of admiration of beauty
We are at the lowest point when GST was announced. Anything below 60 cents is a steal. So don't worry. Things will materialize, your holding power will bring you GREENING PROFITS!
hahahaha huhuhuhu Mana pole dancing girls....mana mereka.....pandai cakap ja....jemput pole dancing girls keluar menari tak pandai ke? hahahaha huhuhuhu
hahahaha huhuhuhu suruh orang tunggu ja..harga saham ini kian hari kian merosot...tunggu lagi? ..betul ke? u tunggu, u beli...dia jual sikit sikit..wah tunggu melihat pole dancing girls menari tanpa rehat...amboi..percaya ke orang ini? hahahaha huhuhuhu
Censof is like a lollypop ....she give you a little taste of her dance and when you enjoying it as it enter your blood stream ...she just leave you hanging & wondering ..... let see what she do today
censof is a mee rebus need slow slow rebus baru sedap. wakakakaka. just be patient now no news sure sellers a lot, need to wait until next year the project started in some agency for GST trial run start that time wont be have cheaper price to collect, so who still afford to collect cheaper time try to average your stock price first. remember holding power cause we not invest for contra.
CIRCULAR TO SHAREHOLDERS IN RELATION TO THE:(I)\tPROPOSED RATIFICATION OF THE ACQUISITION BY CENSOF HOLDINGS BERHAD ("CENSOF") OF 349,112,731 ORDINARY SHARES OF RM0.20 EACH IN TIME ENGINEERING BERHAD ("TEB") ("TEB SHARES"), REPRESENTING 45.03% EQUITY INTEREST IN TEB, FROM KHAZANAH NASIONAL BERHAD FOR A CASH CONSIDERATION OF RM69,822,546.20; AND(II)\tPROPOSED RATIFICATION OF THE MANDATORY TAKE-OVER OFFER BY CENSOF TO ACQUIRE ALL THE REMAINING TEB SHARES NOT ALREADY OWNED BY CENSOF
my point of view is it wont drop below the support line unless any bad news or bad market sentiment...it needs more volume to lure the bull back....hehe
Based on the weekly chart above, Censof has been traded in sideways pattern since 2011. However, the good news on the acquisition of TEB and GST implementation lead Censof to a strong rally in October and November 2013. Heavy volume on the upside movement and diminish during pullback indicate that the uptrend is solid. The most recent pullback nicely stop at 38.2% of Fibonacci retracement level or Rm 0.55. Support level at Rm 0.55 believe to be strong as it been tested more than 3 times. Failure to stay above Rm 0.55 will lead to further downtrend. I believe 2014-2015 will be a good year for CENSOF due to commencement of GST by government.
Trading strategy
Buy on weakness is advisable to investor. New position can be initiate with the confirmation of bullish candle such as Harami, Engulfing or Hammer. Put a stop loss at Rm 0.545. For day trader, purchase can be made upon breakout at Rm 0.65 level. Use volume and other indicator as confirmation before entry. Stop loss will be at Rm 0.645.
Price projection
Short term -Resistance level Rm 0.65 (Previous high)
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....
EVEL
1,730 posts
Posted by EVEL > 2013-12-03 09:33 | Report Abuse
hope censof moves today