Censof has pledged 304 million Dnex shares for RM31.8 million term loan from Kenanga investment bank.

We are all confused. There is absolutely no direction. Every one is trying to find out what is going on. Until the picture is clear, every one waits.

To be honest, to push up Dnex's share price now, will only benefit Censof. Censof still 180.72 million shares. What do you all think?

At RM0.43, to despose off 130 million Dnex shares has generated RM55.9 million and with the balance of 180.72 million Dnex shares to go. May be at RM0.5, it will generate another RM90.36 million. With that Censof will have negative gearing and RM100+ million cash on hand.

If Censof is selling Dnex shares, there is limitation for dealer to push up Dnex's share because it will benefit Censof until such time that Censof has disposed all Dnex shares.

If I am not mistaken, Censof is pledging DNEX shares for loan. I am not sure how many Dnex shares Censof used to pledge for loan? I have to find out. I personally think that there is no benefit for Censof to hold onto Dnex shares if Dnex does not declare dividend or declare even little dividend. I will fully agree to sell all Dnex share and use the money to acquire new business.

What is the Censof's dealer waiting for? There is no force sell. Condition is ripe and the right time to push higher and yet the buying rate for today is 31% ( much lower than warrants, & Dnex's group). It can't be game over as the dealer should be holding enough shares to push. From the historical record, it should be easy for Censof to be pushed up to RM0.45. After that, it would have to depend on those who have been holding shares with purchase price of >RM0.45.

Out of the 43,025,000 warrants, 13,529,000 have been converted with the balance of 29,495,000 warrants. When the price of Censof-WA was at RM0.09, I said that there is a chance, the dealer might goreng as the balance of warrants is relatively small. The dealer could still push up if they are confident of trap some more ikan bilis. The main target is to have net seller within a period of time.

Another day of waiting without action.

The higher the risk, the higher the return. But now at RMRM0.13-135, the risk is higher and the return may not be that attractive as compared to when the price is RM0.09 and the highest it can go may be limit to RM0.15-016.

Good annual report is already out and yet the price is not moving up. Some one is cashing out?

The dealer is supporting Dnex & Dnex-WD but they are only willing to maintain Censof at RM0.365-RM0.37. Why? I am worry as Censof is RM0.1 share and Dnex is RM0.2 share.

strong selling pressure at RM0.375. Is it from the dealer?

I am just wandering what would happen if the transaction vol of Censof is >100 million a day ( like Dnex & Dnex-wd).

Transaction vol of Censof is just too low. Unlike Dnex & Dnex-wd.Why?

Censof is lagging behind Censof-Wa, Censof-Wd and Dnex, Dnex-Wd. Why? I don't understand. Look at Censof-Wa, the higher the risk the higher the return. When we talked the other day it was only RM0.09. Now RM0.15, 67% return already.

I hope not that the dealer is pushing higher for left hand to right hand as they are holding high % of the shares. Whatever the reason, it is good to see the price is going up.

Look like more selling pressure for the next 3 days.

Consolidation stage for next push. Price Range 0.37+- 0.01. I am happy with 0.37 for today.

We do not know the position of the dealer. For longer term, 0.45 is still ok.

Unlike Dnex, Censof has been very steady. 4/4, vol 47 million with price range 325-375, 5/4 34 million, 345-370, 6/4 (half day) 12 million, 365-385. There is very little room for contra players to get caught and so build up selling pressure. I expect to go sideway or upside. very little chance to move downside. Happy trading.

I was also expecting the price to be higher this morning after goreng for half day yesterday. Many are still in shock especially those contra players. Again more contra players bought early this morning. With such huge transaction vol this morning, anything can happen as we do not know the position of the dealer. (amount of shares on hand). If only small %, they will accumulate again, and you will expect price to go down at T2-T3. If high %, the dealer needs to push higher for left to right hand play. So watch up for those who play contra, you may get caught. Congras for those who have made money and also those who still hold with paper gain. Happy trading.

Top management of Dnex makes money. 6.21million shares issued under ESOS @ RM0.245. At current price, about RM1 million to be made for makan angin.

RM0.35 is considered good news already as most of the transaction was done first hour this morning. So be patience to wait for the operator to re-activate the bull.

klsefighter, good move to dispose off Censof-Wd. We have to wait till 11:30am. If no further action till then, may be it is 1 day wander. I was quite hopeful this morning as the transaction vol was still high but for the past 1 hour, no much action. Wait Lo......

Ha Ha.... It all depends on the operator and I hope not as I am still holding it. What about you?

The selling pressure is strong and so retreating to lower price is normal provided that the operator is still in accumulating mode and NOT in pump & dump mode. My personal opinion is that they are not. The transaction vol has achieved >40 million and so should be in accumulating mode.

In my personal opinion, Censof's share price can easily achieve RM0.40. From RM0.4 onwards, it all depends on the operator.

Based on the historical records, most investors got stuck with Censof above RM0.45- RM0.5. The share price will be difficult to push once it has achieved RM0.45-RM0.5.

Just May be Dnex is waiting for Censof to catch up at RM0.41.

I hope it can last for 2-3 days minimum. The resistance of RM0.34-0.35 has been broken and it is now up to the operator to decide where is the limit. With over 21 million transaction vol done, it is quite safe to say that the transaction vol can achieve >40 million today. Good luck. We make money together

Hi ! Anyone know the target?

The transaction vol of >40 million is what I am looking for.

I hope this time is for real

klsefighter, 1) Censof has come out from a very difficult period when Censof was the major shareholder of Dnex helping Dnex to go through the transformation to become the major software service provider for Malaysian government and O&G 2) Still holding 17.94% Dnex shares, @ RM0.4, it is worth RM124.3 million and expect to worth much more. So it is the time rip the harvest. 3) Censof has it's own strength in collaboration with international software company.and one of the major software provider for malaysian government and banking industry.
4) As Malaysian government is pumping billion of ringgit into the share market to prop up the share market for the coming election, as bumiputra and government linked, Censof and Dnex will benefit from it. Please do your own research to make your own decision. This is my 2 cents comment.

The future of Censof is very bright. The future prospect of Dnex for the next 5 years is good. This indicates that the price of Dnex's share will increase in time to come. At current price Dnex's 310.7 miilion @ RM0.4 is worth RM124.3 million = RM0.248 per Censof's share. Censof's current price of RM0.325 is under value. Any comment on my analysis?

Closing at RM0.325 indicating that it is accumulating mode. BTW, I have understood already that Censof will not benefit from the Dnex's huge profit as long as Dnex is not declaring any dividend. That is why the huge difference in Gross and Net profit. Censof can only benefit by selling Dnex's shares ( 17.94%= 310.7 million shares).

Can some one enlighten me on Censof first quater 2016 ending 30/6/2017? The gross profit was RM93 million and the net profit was only RM35Million? I want to know becuase the 4th quarter result is going to announce by 30/5/2017. It will affect the share price.

Good sign with buying line up at RM0.32. Hope for the best.

We will know DNEX value after 1st quarter financial result. The worrying is DNEX energy contributed 91% profit may drop and unable to compensate by ICT. The longer term strategy of the company is solid and so the investment must also be longer term.

surprise to close at RM0.315, not RM0.32. The dealer has been supporting at RM0.32.

The selling pressure at RM0.32 is constantly absorbed in the whole afternoon.

selling pressure is coming in at RM0.32

I am very surprise to open @RM0.32 and supporting it.

Pineapple123, yes I agree that Censof-WA has been goreng on 27/2-2/3 ( 3 days) with price ranging from RM0.035 - RM0.145 coupled with high vol of 65.7 millions, 18.8 million and 21.47 millions respectively. With the balance of less than 30 million warrants, ONLY IF the dealer still have enough warrants to goreng for the last round. BUT the price may only ranges from RM0.09 - RM0.14 or the most RM0.15 if Warrant D is also moving up further. Higher risk higher return.

End high at RM0.32. Very likely tomorrow open red unless.....

Moreover, for today, transaction vol for Warrant A is about the same as Warrant B.

43.025million warrants listed on 27/7/2012. 13.529 million converted. Balance with 29.495 million warrants. First, it is easy to goreng. Second, the main shareholders may have enough warrants to goreng the last round before expiry in 7/2017. So very risky but may generate very good return.

Watch out for Censof-WA. They may start to push very soon. So watch out for Censof too.

pineapple123, where did you get the news of Censof launching new financial software?