Target Invest - We Target, We Invest
WHY I AM INVESTED INTO CENSOF
Blog https://targetinvest88.blogspot.com
Telegram https://t.me/targetinvest88
As you can see, I am definitely invested in the e-invoice ecosystem. While there are many players in this industry, some are public listed and some are unlisted entity.
While I am in invested in almost all of the public listed company in KLSE which offer e-invoicing / ERP system / POS system, I found a stronger liking to Censof due to several reason
1. Strong relationship with the Malaysia government. Censof is providing software solution service to critical government services in Malaysia.
2. Established player in the POS / ERP ecosystem, with various software catering for different industry from F&B, Manufacturing and construction.
3. Have established pool of customer connected into PEPPOL framework in Singapore, Hong Kong
4. Strong cash flow and giving dividend for past 2 years
5. Net cash company
The ERP research and development is developing very fast, especially with the emergence of Artificial Intelligence.
Soon, ERP system will be equipped with AI to provide insight, projection and probably solution to business owner, which will further put deeper valuation to software provider company.
With such solution running on SaaS (Software as a Service) on cloud internet, and the requirement of the Malaysia government to mandate e-invoice as a compulsory implementation to all businesses by 2025, subscription and renewal fee will be a solid cash flow.
Censof already break out from long term down trend. New trend is back up with e-invoice factor to support stronger fundamental.
While it will take some time to see revenue coming in, however, I think the current share price is very good for long term investor looking for both capital gain and dividend yield in the future.
My previous posting on Censof
IMPORTANT NOTICE
Please be informed that I am not a professional or certified analyst. I am not a licensed consultant, just a normal retail investor. I am just sharing my ideas and opinion on the market outlook. Any company mentioned should not be interpreted as a buy/sell/trade call. Please do your own research and buy/sell/trade at your own risk.
Blog https://targetinvest88.blogspot.com
Telegram https://t.me/targetinvest88
Related Stocks
| Chart | Stock Name | Last | Change | Volume |
|---|
More articles on Target Invest - We Target, We Invest
HWATAI - FROM SELLING BISCUIT TO SELLING LAND FOR HSR BATU PAHAT ?
Created by targetinvest | Apr 05, 2024
CENSOF GROWTH OPPORTUNITY WITH COMPULSORY E-INVOICE IMPLEMENTATION
Created by targetinvest | Dec 18, 2023
Puncak Niaga is grossly undervalued from its NTA, MRT3 finalization in 2H 2023 will be a boost
Created by targetinvest | Apr 14, 2023
Discussions
Be the first to like this. Showing 0 of 0 comments
Post a Comment
Featured Posts
New Update. Discover investment communities that resonate with your ideas
One App To Trade Malaysia & US Stock With 0* Commission
Apps
Top Articles
1
2
RHB Investment Research Reports
3
save malaysia!
4
5
6
CEO Morning Brief
YTL Corp Rallies to New All-time High After HLIB Flags More Upside
7
BFM Podcast
8
BFM Podcast
#
Stock
Score
Daily Stocks
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
Featured Advertisers / Partners
Ride The Bull Short The Bear
CS Tan
4.9 / 5.0
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....
