I advise all investors (not speculators) of this counter to hold until the impact of GST is seen. I'm from the finance industry and I'm well aware companies now are all rushing n panicking over the implementation of GST in coming April 2015. Systems need to be finalized much earlier than April 2015, as they need to test run them in order it will function in an orderly manner, which only gives them about less than 8 months to get everything done.
The Gov, meanwhile have to show a good example to the public, practicing what it preaches by starting to use GST applications much earlier, in their accounting softwares. Therefore, the implementation from the Gov would be very much earlier than commercial.
All in all, what I could advise is to hold this counter slightly more, and who knows, the gains could be beyond your expectations. I'm not promoting to buy or sell, just a piece of advise from me, as I'm in this line of business.
Those looking for fast pace and short-term gain, please head to PDZ, KNM and Iris forums. Censof is for those who can wait until the catalyst of GST happens, that being award of contracts from the Gov-linked companies. Keyword here, until the catalysts happens. Therefore, those that can't even wait for a few months, can put their money elsewhere.
iris & Mpay is GST Refund >>>Myeg just awarded the GST monitor >>>> Censoft sure will get the GST ACCOUNT Upgrade from the government ...two different JOB sure Huat leh censoft soon
believe me, once this counter surge a bit, everyone will jump in. by then its too late? think of its prospects of the future. GST? Government contracts?
this company has more than 80 gov customers. think about it. just look at redtone and ghlsys, it was down 10% for quite awhile and its slowly creeping up again.
what goes up will also come down ....when you have fun in the night with pussy its up for a while and than drop back ...this is the law of nature ....so peop-le load when you can when it up ....you let go ...when it down u buy this is the revers of law of nature
hmmm always buy before news come. Since u know it is going to come. Why dont accumulate before the news come? But if u expect a bad news then dont buy. But everyone is jus waiting d catalyst to jump in.
buy buy ...be patient parliament is meeting on the GST will be announce before April 2014 as I been to Kastam Taklimat and they say GST is going in with the 2nd seating in PArlimen and 30company software has been approved compliance with GST
If you read the financial report correct, the loss was due to "acquisition cost" for time engineering...not due to loss reported by Time Engineering...
4. Unusual Items Affecting Assets, Liabilities, Equity, Net Income or Cash Flows
The Loss Before Tax is after accounting for RM5.31 million, being acquisition cost and interest expenses incurred for the acquisition of 45.03% equity interest in Time Engineering Berhad.
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....
Bobby31
585 posts
Posted by Bobby31 > 2014-02-07 13:01 | Report Abuse
i think censos need some boost to move up ....need VIAGRA or TONGKAT ALI ...blend both of it together than will up for few days ...what say all of you