Target Invest - We Target, We Invest
IS CENSOF WORTH YOUR HOLDING FOR THE NEXT 3 YEARS? READ THIS BEFORE DECIDING
Blog https://targetinvest88.blogspot.com
Telegram https://t.me/targetinvest88
I am sure that you are aware that I am invested in CENSOF for quite some time (More than 1 year).
From the start when the price is around RM 0.22, I am invested into CENSOF and continue to be invested by adding more shares into my portfolio.
You can refer to my sharing of CENSOF here.
The main question is here. Currently, CENSOF is trading at RM 0.30, is this the time to take profit? Can I stay invested into CENSOF longer? What are the business prospect outlook for CENSOF?
By now, most of the technical trader had exited CENSOF. However, there will still be a new batch of trader who will be entering CENSOF for the upward ride.
I will be sharing you my view on CENSOF for the next 3 years and also why this share can be worth to hold for dividend as well.
Malaysia government will be rolling out digital government services, and a lot of it will require transfer of services and storage from physical into digital.
And CENSOF will be one of the main integration partners in all this transfer.
We will be referring to storage of E-invoices, Digital ID, E-passport, and even your house purchasing e-SPA.
This will make CENSOF very good in having GOVERNMENT services and also can enjoy commercial side of business (E invoice). With the current position of net cash and growing strong business model, CENSOF can be a future good dividend company.
For technical view
CENSOF already completed a series of downtrend. The current up trend will be supported with
1. Government digitalization effort
2. Commercial e-invoice and ERP system
I am still invested in CENSOF, and will keep invested into CENSOF for dividend play for the future.
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
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