Any contra players left to be slaughtered?

On the other hand, IFCA MSC also can goreng up to RM0.50+ with negative net profit. It all depends on captain of the ship, that is General Lee.

Unless General Lee can come out with more than RM29.2 net profit for last quarter 2016 to make it PE ratio of 16.25. Otherwise no reason to goreng. May be he can come out with projected profit of few hundred million annual net profit for 2017. Possible?

I should not bought

After study a bit more details, the profit B4 tax ending 31/12/2015 was 124 million, 47.899 million Net profit that gives PE ratio of 16.25 based on current price of RM0.365. Based on last 3 quarters, the cu net profit is 18.7 million. If can match last year result, the last quarter must give the net profit of 29.2 million. That is very unlikely. That is the reason why the share price does not move up. If I have spent a little more time analyzing it, I should have bought the share. I may consider selling it now.

Since already bought, wait for result. If bad, sell straight away. if good, wait!

Already bought at 0.37. If transaction remains low, will close at 0.36 today as the selling pressure has brought through 0.365. Selling pressure is still coming in at 0.365.

If transaction remains low, selling pressure will start soon. I hope I am wrong.

You can check the date of the last 8 quarterly results were out on last thursday of the 3rd month. It has to be something important that needs to be adjusted or too good or too bad.

For the past few years, the KNM quarterly result were announced last Thursday of the 3rd month (from 31/12/2016) and it should be out after 5pm yesterday and it is still not yet. Good or bad?

Now I am in. Hope for the best. After 5 pm , the 4th Quarter & whole year result will be announced.

I am convinced. But at RM0.37 and hope for the best.

Last hope before announcement.

if can break through 0.375, I will buy.

As the price remains at 35.5 or 36 cents +-, chances of good result fades as it approaches the date to announce 4th Quarter & whole year result. Selling pressure will come in. May be need to wait for 1 st quarter 2017 if profit comes from green & renewable energy materialized in Thailand and England. Good Luck.

riko, you are right. Left hand right hand. Hard to see it move. Unless result is good.

My guess is that the result is nether good nor bad. So no direction.

I am less optimistic because by now for those in position to push should have already known the result.

The 4th Quarter result should be out after 5pm on 24/2/2017 ( last thursday of the month). You don't need to wait very long to find out whether up or down. Good Luck.

Waiting for opportunity. KNM Nett Worth = RM1.275 @ against current price @RM0.355 despite of high % float of 64% ( deducting top 30 shareholders). Only if 4th Quarter result is respectable, the share price will move.

riko, Thanks. I am interested in KNM and still monitoring because of the current price is super low already. The selling pressure is coming in now at RM0.355. Watch.

riko, You are right. How long have you been holding on KNM? A very fustrated man.

I will only interested in investing this counter once the vol touches 50 million a day. Good Luck

The Shark is still not willing to push and should maintain at RM0.355 - RM0.36 level at the moment. It could be that the Q4 2016 is not satisfactory and they are trying to defend the price at this level or could go backward if more are selling as other counters are moving forward.

The Shark is still not willing to push and should maintain at RM0.355 - RM0.36 level at the moment. It could be that the Q4 2016 is not satisfactory and they are trying to defend the price at this level or could go backward if more are selling as other counters are moving forward.

Buyers with big vol line up and Sellers with big vol line up - indicating that the counter is not ready to move yet. So those can wait, wait. Those can not wait sell. Good Luck.

Buy Low does not mean that you can buy the lowest. Normally, you buy when you are sure that the price has made a U turn. It can touch the lowest again but normally they will not allow it to happen in order to build a base unless market crash or the company result is very bad. Patience is a very important factor to make money. As for KNM, for those who buy below RM0.4 is considered a good buy.

Manipulation is the name of the game for any share market. Timing is everything. You must know how to ride the wave. Every one knows to buy low and sell high. The sharks are not ready to make wave. You either wait till you can see the wave or you buy when you think is low enough and wait for the wave. So, be patient.

I am a newcomer and I have been observing this counter. callme777, I agree with your observation. The counter will only move when the big sharks are ready. Until then, wait patiently.

The only hope I hope in Censof is that the big players are holding a lot of shares for some reasons that we do not know. When you are least expected, surprise will come. There is no more logical explanation for the shares to move up considering the facts that we all already knew through official announcements. The only hope is for what we do not know could surprise us.

I am starting to worry about this counter. About the expected GST contracts from 80+ government agencies. If the contracts are there to take, why is the company so desperate to have joint venture with foreign company like MYOB. Why did the previous MD, the founder, had to step down and moved to DNEX? Why are the expenses so high? On top of these, are the investment of DNEX to bear fruit since the rights of DNEX are used to buy into the Oil & gas sector? The global meltdown on Crude oil is the evident that the oil & gas sector is suffering. I am beginning to lose hope on Censof.

There is pro and con for private placement. To take up means to have confidence in the company. Obviously the management will review a much detailed plan to convince this private investor at a attractive return. The bad things is that there is no chance that the counter will be pushed up like mad. So, the target will be much lower for the management to fulfil their promises to the private investor. Don't forget the previous private placement was priced at RM0.535. So this private placement should be higher than RM0.535. Hopefully around RM0.60. Happy trading.

There is a slim hope that the difference between Iris, KNM and others is that Censof's price has not been push up high. The hope is there but it depends on the master mind behind the counter. I believe the price can be settled around RM0.6 +-.

always_steady, what counter are you looking T?

After reading through the proposed 10% private placement, it is targeted to be implemented by first quarter of 2015. Between now and then, I hope the syndicate will push up the share. Happy trading.

That is the reason why the price of Censof has not been moving up. If the price is too high, then no one will take the private placement. It is really a bad timing as GST counters are all moving up. What to do? It will stabilize at the price the private institution is willing to take the offer. What price is anyone guest? Hopefully is around RM0.6.

always_steady, you may be right. Sideway now and continue.... I believe the syndicate is waiting to settle something before pushing up. What is that something? and How long does it take to settle? If you have the capacity to hold, you will be a winner. Happy trading.

I have the same feeling that the syndicate is holding a lot of shares but do not know what they are waiting. Once the wait is over, Censof will fly like rocket, right? Happy trading.

always_steady, what is your chart telling you now? chiam4192, I hope you are right. It is pushing the price up to RM0.59 and selling pressure is coming again at this level. Are the syndicate selling at this price? Happy trading.

Dnex financial ending 30/9/2014 is good and is better than IFCAMSC. The accumulated YTD 3 quarters PBT for DNEX is RM17.494 as compared to IFCAMSC RM13.722 million (3 quarters). Why is NNEX is not flying? Only time will tell and so does Censof. Happy trading.

Dnex financial ending 30/9/14 is considered good as compared to 2013. 3 quarters accumulated PBT is RM17.494 million. The financial result is better than IFCAMSC. The 3 quarters accumulated PBT for IFCAMSC is RM13.722 million. Why is Dnex not moving up? Time will tell and so does Censof. Happy Trading.

EAH is the next counter to move further up. When is Censof's turn?

always_steady, the trading day is almost over, are you calling to sell Censof? Censof has been breaking the heart of many supporters. Even though most make paper gain but could not accept that IFCAMSC is flying so much higher than Censof, Right?

kny123, the right time to enter and the right time to exit, that is the game. Make or break depends on your timing. Happy trading.

It is the sharks to value the counters whether can make money for them.

Good or bad counters do not help you to make money. If you can predict what the sharks want, you make money. That is the only logic left to explain why Censof is not moving up. Most importantly be happy. Happy Trading.

Whatever charts you refer to are useless if the sharks are not interested. Right? Happy Trading.

It should be moving up! I think too many people are holding and expecting it to move up. That why the sharks are not interested. Please start selling and let the sharks collect your shares before you buy back again. Happy Trading.

The vol is building up. I think our hope is coming to reality. The counter is too steady and too slow for most supporters. But most importantly be happy. Happy trading.

always_steady, welcome your comments. Have funs but do contribute to this forum. I am also worry about the sudden drop in vol. May be waiting for something to announced or waiting for instruction from the shark. Happy Trading.