Thanks eastlands. I'm speaking from my experience in my field.

This company won't be getting back to where it is for quite a long time. Probably wait for another 2 years when they can sell the OBB softwares?

Good luck everyone.

BFM today on ghl

Like I've mentioned this stock is for the long term and a small panic now poses an opportunity to participate in the company's growth at an attractive price. I believe Creador would not just sit and do nothing. For it to be hitting RM1 by next year would largely depend on thailand, Philippines and its new contract.

The fact I'm so well versed with gst is because the fact I'm exposed to this everyday. As gst implementation nears and my understanding broadens I personally do not see any potential in censof at all at this juncture. The fact that it wants to venture into private sector means they know the dire situation in gov agencies.

Rather waiting for a miracle to happen, investors are now only looking at the share prices falling everyday bit by bit which will take forever or never to get back to where it was months ago.

Based on the quarterly earnings report, I am impressed with the explosive revenue growth. However due to frequent ESOS exercises and high depreciation costs, it impacted the earnings of GHLSYS. But in terms of accounting, these expenses are fixed costs and subsequent rise in revenue will not contribute the increase in these fixed costs. That will result in turning most revenue directly into profits. This is what it means by economies of scale.

The management also highlighted if TPA were to be successfully implemented across all 3 countries, the earnings growth of the company will be momentous.

My advice to existing shareholders is to take advantage of possible panic in the coming days to purchase this counter at a much cheaper price, if you still believe in the future of the company. Simon Loh also mentioned possible contract wins from IndoChina which may be another catalyst. I believe the ESOS exercise is over and in the next quarter, meaningful earnings will start to flow in. Frankly I believe 2015 will be the year for GHLSYS and this time is the best time to accumulate this stock and let the management do what they do best.

KingDavid, like I said, there is currently no future for the company unless we see tangible inflows of contracts, which at this point of time, there is none. I took my chances to sell all my warrants (at all time high) and the mother shares subsequently and looking at the share price now, I realized that is my best selling decision ever made this year, at this juncture, on these circumstances.

All the forward-looking statements by Censof, appears to me, to be another "all talk but no action" and just waiting for no reason. Another significant concern that I have now is that, does the Gov really needs new GST softwares? Based on my current experience dealing with companies implementing GST, upgrading of softwares seems more relevant to businesses than government bodies. Even if there is, not much can earn by upgrading a small feature in their existing systems, unlike large manufacturing companies.

Hence, to me out of the 80++ Gov agencies, probably only a few agencies needs upgrading, and that also will just be a minor upgrade.

Based on my analysis above, I do not foresee potential upside to this counter and investors should sell immediately if there are still profits. If no contracts were to come in, the next few quarters will be reporting heavier losses and that will be the time when the company spiral downwards.

If you guys know anything about accounting you won't be questioning about the profits. Censof's quarterly FS shows consolidated SOCI and SOFP first, assuming DNex is a subsidiary. Then, it eliminates again the consolidated amount, now assuming it is an associate, which is based on the % of ownership instead of 100% consolidation. With that, the earnings dropped drastically as the bottomline only shows the real % of ownership (equity method of accounting).

What I don't agree is Censof's accountant uses a cheap way to confuse some shareholders whereby they used consolidation method first and then finally equity method.

No projects or contracts at all, how do you see profits coming in? I seriously have heavy doubts for this counter. Unless projects starts flowing in, this counter is quite dead.

Thanks to those who sold to be at 0.715 that day. Panic sellers really know how to contribute to the economy.

I seriously wish you guys could see what the management is doing right now. They are running low on working capital now without any new projects coming in. Even if there is any, receivables are going to be very long especially from government agencies. If profits are on the table, I suggest you guys to take it.

philan u should have bought when I bought it at near 0.7.

As I said, it will go down to 0.7-ish last week and those that followed my call bought at the lowest point. Thanks to panic sellers that sold to me at 0.715. Now its time to grab popcorns and watch other people rushing in at high price.

hitman, converting will need 2 pay a premium, then what is the point?

Warrants are too fluctuative and high risk for SMRT, considering we cannot see the floor for this stock. I would buy the warrants provided the company is historically stable in price. With warrants I couldn't participate in future corporate exercises as well.

Guys just be patient and wait for the quarterly earnings.

I bought big lots at 0.715. If fall further I will buy more. Preparing bullets for next purchase.

Yes. I do not blindly support companies and we should not be loyal blindly. If the management sucks, do you still want to stay invested? That is the most foolish thing to do with your funds, if you do. Stay vigilant and get out when profit still looks good at the table.

Like I said, 0.7 is getting nearer. Loading up my bullets.

I have officially disposed all my Censof shareholdings early morning as I despise greatly management is giving out private placement again to raise funds for working capital and subscribing rights issues of DNex. That is equivalent to cheating the shareholders money time and again.

I have been very patient and put up with many corporate exercises to raise funds but this event will the last of it. Fortunately I have disposed my warrants at all time high and was able to get a good return for the amount of time invested in this company.

I bid farewell to those existing shareholders and to those that still has confidence, please monitor closely this company as I believe they are slowly in a dire situation with no contracts yet to be seen, considering the GST deadline is nearing.

Their disposal of DNex previously triggered a big red flag and I did not want to dispose it then as I have not obtained sufficient returns from this investment and thought I would give it more hope.

However, with the significant run-up in share prices recently, I believe today was the best time to dispose, immediately after the announcement.

Good luck to those that still has faith in this company. I will preserve my funds now for better opportunities while the market is correcting. Keep updated with my investments by visiting my profile.

Ive bought some today since it retraced about 10%. I will buy even more at 0.7. Hoping some panic sellers will give them to me. Sharks that want to cause panic may also sell down the stock. I will take opportunity of this panic and make this my long term stock at dirt cheap prices.

I believe both sides have the potential provided SMRT has a substantial control over the direction of the business.

I have looked through the financials of both companies and did a brief business analysis. Synergies can be achieved provided MEGB's existing if MEGB can trim down its losses and start providing courses that currently SMRT provides. Instead of only focusing on medical, the existing centres of MEGB can include trainings provided by SMRT. Another viable option is to shut down its existing medical courses in areas where they have little students and turn it into full SMRT training centres.

There are many cross-selling opportunities to create synergistic benefits. It all depends how creative the directors of SMRT and Creador to fully maximize shareholders' wealth.

Now MEGB needs to continue with its cost-cutting efforts while strengthening its balance sheet. Both companies can leverage on each other's services and solutions to develop and expand the businesses. Infact I believe one day SMRT may fully acquire MEGB, just like CUCMS if due diligence is goes through. This is only the first stage of acquisition.

Based on its SOFP, MEGB has a lot of properties and I believe this is a great attraction to investors as well.

4u2c, I have a great conviction you're dumb as hell to make that statement. Did you not figure out if it is as simple as it sounds, wouldn't Creador or SMRT have thought of that? And to solely put the blame on its current situation does not lead to a conclusion.

Sell back all to me at 0.7. I'm waiting for you guys there.

I'm considering to re-enter SMRT next week when prices are fit. I have a strong conviction that the quarterly earnings will be spectacular, where if proven, will definitely bring this company to a next level, along with its share price.

I have bought and sell this company twice but have been thinking to hold this for a longer-term as I love fundamentally strong companies with good management competence. More importantly, companies that will bring long-term sustainable earnings in future. Education is one sector that is defensive, and looking at SMRT, its price is still quite attractive as compared to its peers.

If the earnings are impressive, the PE will fall even further, making it more attractive. Unlike other forumers here that keep promoting IFCA, I stand strong to my beliefs. IFCA has been on a huge uptrend and to me, I need a strong conviction on whether IFCA has a long-term solution to sustainable earnings. Is the selling of softwares in China be sustainable? Will it be even more competitive than the local Chinese competitors? These are some doubtful queries I have that no one can give assurance to.

I always believe in staying with a company at least 2 to 3 years or even longer if the company is still growing strongly. If the company is only a short burst of optimism and performance, regardless how attractive is the price, I will not touch it.

Right now I seldom look into this stock. Just leave it as it is.

I'm a bit concerned that most of IFCA's earnings don't come from GST but rather from foreign clients. Furthermore it is pretty much focused in Property sector, so I have a very strong conviction this might be a one-off thing and may not last for the next 3 - 5 years.

Alphajack what is your purpose in disclosing your profits to public? Does it really matter since there is no hard proof? Or you want to gain public trust hence boasting your profits?

To me it seems like your comments are still very amateurish and that is not how the way you should behave in forums professionally. Unless you regard yourself like the other shallow minded members in the forum, else I have no comment for you. Bragging here won't move the price of counters and I'm sure you know it.

Waiting for 0.75 before buying in again and hopefully the results are impressive.

always_steady is just one of those retards in the forum talking nonsense. Don't believe every word he says

Everyone just be more patient with this counter and wait for its quarterly earnings. I think it will be another strong catalyst for upwards price momentum. Not to mention more catalysts to come from implementation of TPA in the Philippines and expansion of the business into IndoChnia markets.

I'm not issuing a buy or sell call but merely providing advice based on my honest opinion.

Good job Censof. Holding on steady and then moving upwards steadily.

always_steady, u have some bad sense of humour. not sure if you're plain dumb to post meaningless comments that doesn't add any value or just acting stupid.

Waiting for it to hit back to 0.7 before committing

Awesome this is going to be extremely beneficial for censof as well

My greatest gains ever from ghlsys. Good job everyone.

Reentered at 0.72 yesterday. Good job SMRT when I noticed the momentum was quite strong. Hopefully the momentum is still strong.

Sold all at 0.73. See u guys at 0.6

awesome day!

Still cheap as hell. Hopefully to buy more tomorrow at the same price or lower.

Haha I did went in yesterday. Hoping to get more on Monday.

I will see what price it closes today and observe the situation of Dow Jones Index. If both indicators are positive. I will load more into SMRT Mon morning.

Guys enjoy the bearish ride. Its massive discount now.

Please fall more for me to collect. Happy to see I'm buying much cheaper than directors

Christine, those people that talked like that shows one thing very clearly. They are uneducated and does not have any idea how corporate or the stock market works. They are just ordinary people playing the stock market when they see people make money from it. We can just ignore these shallow and low life people for good.

Was hoping to collect more today at 0.56. Hopefully 2mr can get some below 0.6.

Finally I bought today at a very attractive price. Hope to accumulate this stock more if it drops further. I like it's business idea as an education conglomerate and with the acquisition of cucms, its gonna be great. The fact that I'm buying now at 30% lower than what the directors are buying makes it so much comfortable to hold this stock with this safety margin

Really at bargain price now. Shall see again 2mr for anymore discounts

this company will not be under any investors' radar for a long time. this company was once introduced by bonescythe in which u know his picks well enough, it will be active and surge for the first few days of trading and then sizzles away. better to take your profit now rather than staying on.

Steady counter, moving up like a boss.