@ standardchartedbank, Come on ,please me show me some logic when you said censof lost GST contract and we should run. Censof earning has nothing to do with petrol subsidy. Censof have hundred of Gov agency customers plus many top-notch private customers. They all are using censof accounting software and need to be upgraded before GST starts. JV with ABSS for MYOB software is also another boost for censof's earning. Please do no point ppl to wrong direction.
Bwulf, then u keep...u can tahan loss money bcos u r richman......i get reliable info.....i cabut lari now.....dsonic select for petrol subsidry contract, ygl select for Gst contract....
Censof main customer is Government. Government mean strong, solid & very stable in term of payment. Revenue is guarantee. With recent budget announcement of additional allocation for GST software & training is a big boost for Censof Revenue. Censof have hundred over key government-related agencies and ministries (see this link). This made Censof busy enough. http://www.censof.com/csb/uat/page/view/article/95/censof-government/148.html
With all these will made Censof very very busy. Censof can't do everything by himself. Joint Venture with ABBS (Asian Business Software Solutions) to distribute MYOB GST software is a timely matter. Let this ABBS partner run the balance of show to tap private sector. MYOB software products are GST approved and is the leading provider of business systems to over a million businesses in Malaysia, Singapore, Hong Kong, Australia, New Zealand and across Asia.
Last minute GST training & last minute GST software purchase is part of Malaysia culture. But this is an opportunity for Censof!
Time to top up Censof stock before other Fund Manager buying for their new 2015 portfolio.
we dont know how much it can big drop!!! maybe drop to 0.2/......also dont know...so good luck for holding ....better cabut lari now.....when censof still high
Today Censof mother share drop because they are focus on Warrant WB. But if you look at current Censof mother share price 0.57 really cheap. Before Censof upside is 0.48. Delta 0.09 Still plenty of opportunity of upside due to GST. If you look at the past for IFCAMSC, YGL versus current shows overfried. For few mths ago when GHLsys at 0.77 feel doubt & dont buy. Guess what happen now GHLSYS current price is $ 1.10 really miss the boat. MYEG too expensive current is RM 3.44 So Censof now RM 0.57 is worth to buy. Dont regret when it become next GHLSYS or MYEG.
As i post the censof chart yesterday the price is losing momemtum and downtrend signal active .. Once break below 0.56 it will go to next support at 0.525 .
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....
bwulf
182 posts
Posted by bwulf > 2014-10-15 13:08 | Report Abuse
@ standardchartedbank, Come on ,please me show me some logic when you said censof lost GST contract and we should run. Censof earning has nothing to do with petrol subsidy. Censof have hundred of Gov agency customers plus many top-notch private customers. They all are using censof accounting software and need to be upgraded before GST starts. JV with ABSS for MYOB software is also another boost for censof's earning. Please do no point ppl to wrong direction.