Wow...highest ever profit recorded but too bad klci mkt is very weak otherwise should easily hit rm0.40. Anyway time to accumulate.very much undervalue counter
Superb result..profit more than 4 fold compared previous q..Eps much improved together with NTA...even 50 cts also can reach with this 5.6 millions net profit..luckily still holding..
with more contracts already grab from government link agencies plus GST..this counter definitely will shine in good market condition..last year without this much profit also being push to 70cts..so now??
it will do better than this when market improves, it is now a profit making co.price has hit bottom n slowly up, it is low profile unlike explosive stocks like vsolar, novamsc or priva
Reference is made to the announcements on 12 November 2014, 14 November 2014, 17 November 2014, 15 December 2014, 26 January 2015, 4 March 2015 and 16 April 2015 in relation to the Proposed Private Placement. For consistency, the definitions and abbreviations used throughout this announcement are the same as those previously defined in the earlier announcements.
On behalf of Censof, AmInvestment Bank Berhad (“AmInvestment Bank”) wishes to announce that an application for extension of time to implement the Proposed Private Placement has been submitted to Bursa Malaysia Securities Berhad today, 27 May 2015
Aiao !!!! share price wanted to go up must cari jalan ma !!! No jalan got saman lol .Wintoni no need to make alot profit but price goes up !!!!!!!!!!!!!!!!hhhhhhhhhhAAAAAAAAAAAA
Of late, this counter has begun to catch my attention again. The previous Q3 and current Q4 results (PBT) have been looking strong and yet investors failed to spot this due to weak share price performances.
Before I proceed allow me to highlight the previous Q3 results. PBT has been strong at approximately RM9.8 million, however Profit atrributable to equity holders dropped to RM846k. I believe there is a slight error here, unless anyone can highlight how Equity holders got shared lower profits compared to NCI.
Probably an error like this should not have occured, but it actually gave investors with sharp awareness a rare opportunity right now.
With such a depressed price currently, I believe there is ample margin of safety to buy this stock. With consistently 2 stellar quarterly results, I believe this counter should, at minimum shot back up to RM0.60 levels or higher. Also, by browsing its Bursa announcements, CENSOF has been awarded with numerous projects.
I believe when the market rebounds, CENSOF will sharply rebound as well like how it did many times before, looking at the charts.
All in all, I believe there is very limited downside to this stock due to its attractive discount at this juncture, but extremely huge upside. I have gradually collected this stock since yesterday and will continue to do so if its price remains attractive.
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....
jl88
1,446 posts
Posted by jl88 > 2015-05-14 21:52 | Report Abuse
this month before 30/5..