Directors are selling fraction of shares to get some cash to celebrate Hari Raya. Wife is making noise change this & change that & kids want to buy this & buy that. This is a normal culture for them to live lavishly (rich with style). For those already bought Censof, sit tight & wait for durian runtuh. Someone from them sure will goreng Warrant B easily for few cents. Mother share up and free warrant price up. This is double untung.....
Meaning price will fall. Those who bog or going to buy are giving directors more money to spend.... While they r making their family happy. You are holding their shit. Buy below 0.45 sure win
SAAS Global S/B, a holding company of the group MD disposed off 3 million shares @ RM0.48 on 30/6/2014. They used to hold more than 51% of the shares. After the 10% private placement, the 10 million RCMN to shares and with the disposal of the 3 million shares, they are still holding 42.33% shares. It could be arranged for someone to take up the 3 million shares for a purpose that we do not know. As you all know, the hope of getting contracts from government for the implementation of GST needs $$$$$. So good or bad news? take your pick.
As group MD, he knew of the announcement for free warrant and he disposed of 3 million shares @ RM0.48 ( not a good price) on 30/6, the last day of the 1st quarter, it would be odd for him to do so unless something bigger is in his plan. Would you agree?
Good news. RM 5 million notes has been converted to shares within 1 day. Another RM5 million notes to go that I expect to complete by this week. After that smooth sailing is expected. Last chance for you to grab more Censof shares at RM0.495-0.50. Happy trading.
Bursamalaysia.com.my. Censof shares for RM5 million notes to be listed tomorrow. Hopefully can convert the remaining RM5 million notes by this week. Good Luck.
Current minor downleg(frm 0.535) wud turn out to be a failure n 0.47-0.49 base support on this count WILL hold for future upleg towards 0.605 1st..keep it for med long term to witness a breach of my 1st tp 0.605.good luck.
Need to wait for further catalysts to propel this stock further. One is GST softwares, and the other, which is highly profitable and enriching, is the OBB project for the government agencies. DNEX turnaround and new exposure to O&G industry are also strong catalysts to bring this Company to a whole new level.
DNEX/TIME ENG is a loss making company since it became a GLC company from 1980s. It may become a burden for CENSOF if DNEX do not perform. TIME ENG was a great company in the 80s.
Dont c y it will retest stong support 0.46 from now...looks more like this final short term downleg of current count wud turn out to be a failure..if it closes abv 0.49,wud take it as the 1st reversal signal n will re challenge res 0.51 n 0.535.good luck...
you all are too blinded with the GST thingy...Time engineering will prosper with the implementation of GST...look at the big picture of current time engineering installed base
I know all the ports need to upgrade software- North port done already But how GST link to Dagangan, I thought e-declare is same. Dagangnet will upgrade their software to suit, Dagangnet not selling software. How to increase revenue with GST? Thks for yr info sharing in advance
I am wandering who was buying 45 million of DNEX shares from Censof at an average price of RM0.2777? Censof is making RM3.6 Million from the sales. Anyone knows anything?
45 Million DNEX shares was sold through private arrangement - Not through open market. From that arrangement, we should assume that the price of DNEX and Censof are both monitored and controlled. Only they know when the share price will move north. It does not make sense for them to let the share price fall further down than RM0.48 unless they are so confident that they can move the price as they like. Happy trading.
IFCAMSC public spread is much lower than censof. Buy a bit then the share will rise. In contrast, censof has over 500mil shares outstanding if im not mistaken and until now they have yet to update us on the any status of the progress of its business in gst software sales
Censof back to 0.47 even though it announced free warrants. Told you so. they are trying to dispose shares to you with goodies. still trying wakakakaka...buy below 0.43... sure win
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....
chua
672 posts
Posted by chua > 2014-07-04 23:59 | Report Abuse
wiseeye, where is the announcement? There is no announcement from Censof today