KingDavid

KingDavid | Joined since 2014-03-28

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Stock

2014-11-06 13:15 | Report Abuse

For financial ending 30/6/14, it should be released by third or fourth week of this month. Anyone with inside information about the financial result? My expectation is high. Happy trading!

Stock

2014-11-06 09:41 | Report Abuse

The financial result ending 30/6/14 was good due to the disposal of 45 million shares in DNEX. The balance of 304 million shares in DNEX would have a paper gain of about RM55 million ringgit. Happy Trading.

Stock

2014-11-06 09:32 | Report Abuse

I am looking forward to the financial report ending 30/9/14. If IFCAMSC could produce so good result, there is high expectation for Censof to do likewise otherwise game over. Anyone with inside news on that?

Stock

2014-11-04 12:20 | Report Abuse

When Censof was around RM0.47-RM0.5, we were all agreed that we would make money but not for contra player. For those who are till holding, you are at least with 40% paper gain. We are looking forward to the 2nd round of pushing towards RM0.70 and eventually RM1.0 target. If you have no patient, Censof is not the counter for you. Happy trading.

Stock

2014-10-29 16:48 | Report Abuse

Counters for goreng do not depend on fundamental. YGL is a good example. Is up by 17% today. You never know what would happen tomorrow. Good fundamental counter has an advantage. It could be goreng but with still fundamental value in it. The choice is yours. Happy for those who make money on YGL. Our turn will come soon. Be patient. Happy trading.

Stock

2014-10-28 14:56 | Report Abuse

YGL - Chinese based and loss making company. The chance is slim to receive GST government contract. Stay loyal to Censof. Reward is near. Happy trading.

Stock

2014-10-25 09:54 | Report Abuse

Let's compare as follow:- IFCAMSC / CENSOF - Shares - 450 million / 415 million, Rolling 4 quarters PBT - RM6.238 million / RM9.501 million, Total asset per share - RM0.136 / RM0.708, Net worth per share - RM0.104 / RM0.196. With additional potential as major share holder of DNEX, partnership with ABS, existing government contracts, Ventures in many countries in South East Asia. I see lots of potential in Censof. Whereas IFCAMSC is a still a local based private company fighting with so many other GST companies to get a share out of GST implementation in Malaysia. Please feel free to share the potential of IFCAMSC.

Stock

2014-10-17 15:18 | Report Abuse

Nobody knows what would happen tomorrow. No one is spared due to global market down turn. I do agree that the fundamental of Censof is still intact and therefore I am looking forward for the price to be rebounded to >RM0.6 and hopefully >RM0.7. Happy trading.

Stock

2014-10-14 16:52 | Report Abuse

sdcard, what is the good news?

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2014-10-14 16:43 | Report Abuse

Based on price adjustment by Bursa before and after ex date from RM0.63 to RM0.595, RM0.035x 4 = RM0.14, So opening should be RM0.14. I believe, the price will push towards RM0.30 as Wb is no difference from Wa. therefore Wb=Wa but with 111 million listed, selling pressure is high. Happy trading.

Stock

2014-10-14 10:58 | Report Abuse

RM0.59 now. Should be confident to push beyond RM0.6 by today. Happy trading.

Stock

2014-10-13 16:05 | Report Abuse

Don't lose hope as the volume is still maintained. I believe once Wb is listed this week or next ( waiting for announcement), another round of moving upward is possible. Happy trading.

Stock

2014-10-09 16:27 | Report Abuse

The good news is Wa is RM0.42-RM0.425. That gives the indicative price for Wb. Congratulation to all Censof faithful followers. This is just the beginning of your reward and more to come. Happy Happy trading.

Stock

2014-10-09 16:08 | Report Abuse

The race is on track racing towards RM0.7. Happy trading.

Stock

2014-10-09 09:47 | Report Abuse

Even though price jumped at the opening, support at RM0.615 is not as strong as I like. Hopefully, the sharks are still around to push higher, otherwise ikan bilis will suffer once the support withdraws at this level.

Stock

2014-10-07 17:08 | Report Abuse

KLSE down 7+ points. Price still gained RM0.03. What more do you want? Wa maintained at RM0.355. Have little faith in your own judgement. Hopefully Wb will be listed next week. Happy trading

Stock

2014-10-07 11:04 | Report Abuse

Wa is going strong at RM0.365. Hopefully will touch RM0.40 by the time Wb is traded. Mother is heading towards RM0.70. Second round is confirmed on track. Happy trading.

Stock

2014-10-07 09:25 | Report Abuse

Break through RM0.61 and still collecting. looking forward to above RM0.70. Happy trading.

Stock

2014-10-07 08:16 | Report Abuse

eric eow, thanks for all the information. Welcome on board. I like your analysis. Do share with us for any other opportunity. Happy trading.

Stock

2014-10-03 16:42 | Report Abuse

Support for Censof should be RM0.57. Quite clear that sopport for Wa is RM0.315. Taking into consideration of Wb as = Wa, the share price of Censof did not drop. RM0.57 + ( 0.315/4 about RM0.08) = RM0.65. Congratulation to those who have faith in Censof. We are waiting for round 2. Happy trading.

Stock

2014-10-03 10:03 | Report Abuse

Ex Date 30/9 means those who were holding Censof shares as 29/9/2014 at 5 pm entitled to have the warrant 1 for 4. Last date of lodgement is 5pm 2/10/2014 means to finalise the total of warrants to be issued. We have to wait for announcement to know when the warrant B will be traded. Happy trading.

Stock

2014-10-01 15:12 | Report Abuse

Warrant B is free and therefore there is no issue price. The question is how much does it worth? Based on the price adjustment by Bursa from RM0.63 to RM0.595 ( Ex date) = RM0.035 x 4 ( 1 for 4) = RM0.14 is the warrant price. Based on Warrant A, it should be the same as warrant B ( RM0.32). Based on current price of Censof at RM0.58 - RM0.46 ( exercise price) = RM0.12. So hope for the best when it opens in 2-3 weeks time. Happy trading.

Stock

2014-10-01 12:49 | Report Abuse

There is not much selling pressure. For those who did not sell are rewarded with warrant b and the mother share is going to move beyond RM0.60 towards RM0.7+. Happy trading.

Stock

2014-09-30 17:04 | Report Abuse

Hopeful RM0.3 if no more correction. Even if at RM0.30, mother share is worth > RM0.7. Happy trading.

Stock

2014-09-30 09:07 | Report Abuse

Opening at RM0.57 is considered reasonable mainly because WA has dropped to RM0.3. Expecting WB to be RM0.3 divided by 4 = RM0.075. RM0.63- RM0.075 = RM0.555. So, RM0.57 is higher than expected. But I believe the price to be above RM0.60. Happy trading.

Stock

2014-09-30 07:52 | Report Abuse

There is no announcement on the date of wb to be traded. Very likely in 2-3 weeks time. The last date of lodgement is 2/10/2014. Today is a big day for supporter of Censof. We will know the support level once it is traded today at 9am. Happy trading.

Stock

2014-09-27 10:42 | Report Abuse

WiseEye, you are always our Taiko. I am still learning from all of you. Closing at RM0.635 is better than expected as it is still in consolidation mode until 3/10. More selling pressure will come after ex date 30/9. EYYl2014, I agree with your analysis. I believe strong support level for mother share RM0.60 & above. Anything can happen after the consolidation mode.Happy trading.

Stock

2014-09-26 10:36 | Report Abuse

It is now quite certain that someone wants to maintain WA at RM0.35 -RM0.4. There is no reason for WB to be less than WA. If it is true, then the mother share should be above RM0.7 by 3/10. On top of all, more good news for gst counters as budget day is near on 10/10. Happy trading.

Stock

2014-09-26 08:08 | Report Abuse

The consolidation phrase started on 23/9 and anything can happened after ex date on 30/9. The warrant B should be traded on 3/10. I am confident that the mother share will maintain above RM0.60 or could start to push further into RM0.7+ after the consolidation phrase. Hold if you have the ability or buy more at RM0.60. Happy trading.

Stock

2014-09-25 17:07 | Report Abuse

The shark wants more as those who could not stand loses but those who can stand win. Happy trading

Stock

2014-09-25 10:46 | Report Abuse

For a positive projection, if Censof-WA can sustain at RM0.37, then Censof-WB should be also around that price. Then Censof price should be +- RM0.83. How to get to RM0.83 is a big ? For a negative projection, if Censof-Wa can sustain at RM0.37, then assuming Censof-WB is also RM0.37. 1 WB bonus for 4 existing, divide by 4 = RM0.0925, the Censof price will drop by about RM0.1. Please comment on my projection. Happy trading.

Stock

2014-09-25 09:05 | Report Abuse

Eyyl2014, yes and no. If expire, the WA is zero value, to exercise at anytime, you need to pay RM0.46. The difference in WA price + exercise price must not be too far off the mother share. Otherwise there is no reason to buy wa. Why not mother share? I agree with you that the option to take up Trench 2,3 & 4 should not call upon as it is indirectly too expensive with that type of terms & conditions. That is the main reason why price of Censof could not be like MYEG. Happy trading.

Stock

2014-09-24 16:46 | Report Abuse

bella5, It is always risky to buy warrant even though the return may be higher if you can foresee to buy low and sell high. I have said earlier, at Censof price of RM0.64, the warrant should only worth RM0.18 taking into consideration of exercise price of RM0.46. But you never know what would happen. I could only tell you the fact. You have to decide. Happy trading.

Stock

2014-09-24 09:21 | Report Abuse

Correct me if I am wrong. Censof-wa is not worth RM0.37 because to exercise the warrant, you need to pay RM0.46. At current Censof price of RM0.65, the warrant should be RM0.19. Censof depends on government agencies and GLC, not so much on private companies. Is a bonus if they can also get contract from private companies. My personal opinion is that if there is any pull back, it is for them to collect more for the next push. Their target price is much higher than RM0.65 for short term. Even much higher for medium and long term. If you have money, invest longer term for this counter. Happy trading.

Stock

2014-09-23 16:25 | Report Abuse

volume is still over 26 million. Good sign for smooth sailing till 30/9. Then every one wants to know how much it will drop after 30/9, will it drop???? Budget is coming and who know more good news announcement. So take your pick.

Stock

2014-09-23 15:33 | Report Abuse

If you look at recent prices starting from August, T+3 were never or hardly in play. There is still room for more uptrend. So far it has been slow and steady. Very good sign.

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2014-09-23 14:54 | Report Abuse

eftee, all RM25 million RCN has been converted at price ranging from RM0.416 to RM0.45. kny123, why left hand to right hand? any benefit?

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2014-09-23 12:20 | Report Abuse

I believe I have witnessed the 6,002,400 shares converted from RCN was disposed off at RM0.65 at 12:06 - 12:07 pm. Good or bad news? please comment.

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2014-09-23 11:11 | Report Abuse

Slow and steady will go far. Sell when it starts to triple jump.

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2014-09-23 11:09 | Report Abuse

Next station should be RM0.68. Happy Trading.

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2014-09-23 09:45 | Report Abuse

Fundsgx, you are wrong on the special issues. Special issue is the final RM2.5 million of RCN converted to Censof shares. All RM25 million RCN under trench 1 has all been converted into Censof shares. Censof has not taken up the remaining RM75 million RCN under Trench 2,3 & 4. In another words, RM25 million drawn down under Trench 1 of RCN has all been converted into shares and the company does not to pay back.

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2014-09-19 14:47 | Report Abuse

Enjoy your ride to next station at RM0.68. Happy trading.

Stock

2014-09-19 09:54 | Report Abuse

dg123, can you share with me the tracker chart that you mentioned?

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2014-09-18 16:35 | Report Abuse

Don't wait. Buy now at RM0.595. Still cheap considering the warrant A is at RM0.40. With warrant B 1 for 4 ex date 30/9. Buy now.

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2014-09-18 08:35 | Report Abuse

KAQ4468, can consider Censof with free warrant B, 1 for 4. Happy trading.

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2014-09-16 00:28 | Report Abuse

Happy for those who bought at RM0.48. RM0.68 is the next station. Happy Trading.

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2014-09-12 13:22 | Report Abuse

Would they wait for the remaining RM2.5 million to be converted to Censof shares? Or otherwise the train should move anytime now. Happy Trading!

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2014-09-12 13:16 | Report Abuse

Volume so small as compared to 46 and 51 million shares change hand. This proved that most who bought and hold. Hardly any contra players. No sign of roller over. Anyone interest to buy, buy now. If no bad news, the train should start moving any time now. Buy and hold. Happy Trading.

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2014-09-11 08:47 | Report Abuse

I expected price to drop today and tomorrow as Contra players dispose off their shares.

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2014-09-11 08:45 | Report Abuse

It was a surprise to me that Censof share price was pushing upward before the completion of the conversion of 25 million RCN unless they push up to dispose off the shares. I have been searching for answer that how many shares converted have been disposed. Any idea?