CENSOF HOLDINGS BERHAD

KLSE (MYR): CENSOF (5195)

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Last Price

0.33

Today's Change

-0.015 (4.35%)

Day's Change

0.33 - 0.345

Trading Volume

5,946,600


23 people like this.

9,138 comment(s). Last comment by Starisborn 46 minutes ago

Doremi

1,204 posts

Posted by Doremi > 2013-10-29 23:33 | Report Abuse

1/11- T4?

goldenray

185 posts

Posted by goldenray > 2013-10-29 23:40 | Report Abuse

Censof is having their best time since IPO till now.
Expect to mark HISTORIC high price which is more than RM0.80.

mrmsy

184 posts

Posted by mrmsy > 2013-10-30 06:55 | Report Abuse

Tp?

Posted by kritikka79 > 2013-10-30 09:13 | Report Abuse

Can anyone explain why the high volumes recently?

caven101

911 posts

Posted by caven101 > 2013-10-30 09:16 | Report Abuse

because of the most benefit in GST implement on 2015 is MYEG and CENSOF

vbeh

78 posts

Posted by vbeh > 2013-10-30 09:21 | Report Abuse

be careful of high volumn, T4......

Posted by kritikka79 > 2013-10-30 09:22 | Report Abuse

thank you, caven101. but GST will only kick in in 2015 and revenues will not come till the software is implemented.

Posted by Chong Kan Yik > 2013-10-30 09:44 | Report Abuse

at least back to the history high 0.78. check out Myeg, it will chase

caven101

911 posts

Posted by caven101 > 2013-10-30 09:44 | Report Abuse

kritikka79. i'm not really sure how the future. but if GST is going to kick in on 2015 CENSOF should started ready software for all agency government. CENSOF handle quite number of agency government project, i do believe it could be good stock to keep cause once kick in on 2015 i don't think so we able to get on this cheaper price stock.

Qiii

166 posts

Posted by Qiii > 2013-10-30 09:48 | Report Abuse

IMHO the huge volume yesterday was due to institutional investors / funds taking a long position in this stock. Almost 50% of transacted volume yesterday hovers around 0.595-0.60. This should form the new base moving forward. Bear in my that the recent TPs may not have factored in TEB and potential projects in 2014. The meat remains in how they will work out the payment exchange.

Posted by Jason Chan > 2013-10-30 11:30 | Report Abuse

i will accumulate from now~~

Posted by Forwardinvestor > 2013-10-30 11:38 | Report Abuse

Big thing is coming. Time Eng is moving simultaneously.

Qiii

166 posts

Posted by Qiii > 2013-10-30 11:51 | Report Abuse

Careful with TEB, Censof offered a MGO for 20sen cash (only) a share for remainder of TEB shares (~55%). I believe it is better to hold Censof.

phye

44 posts

Posted by phye > 2013-10-30 13:12 | Report Abuse

TIME moving, meaning more project coming. Censof bough TIME, will be win win.

excelyou

1,255 posts

Posted by excelyou > 2013-10-30 13:44 | Report Abuse

Censof will record a Comprehensive Income of RM31.4 million for the value gain in TIME at RM0.20, assume share price for TIME at RM0.29.

This will boost the P/E once the acquisation complete.

excelyou

1,255 posts

Posted by excelyou > 2013-10-30 13:47 | Report Abuse

The Khazanah statement said the divestment price was determined based on the fundamentals of TEB, reflecting the remaining concession period with the Royal Malaysian Customs Department up to September 2014 held by TEB’s majority-owned subsidiary, Dagang Net Technologies Sdn Bhd (“DNT”), and the other two TEB subsidiaries which are operating at a loss.

DNT has submitted a tender proposal for the new uCustoms system to be implemented by Customs. (Source: The Malaysian Insider)

Comment: Have submitted and WILL EXTEND SOON. If not why MyEG and other 9 interested parties bid for TEB.

ahbeng77

1,322 posts

Posted by ahbeng77 > 2013-10-30 14:22 | Report Abuse

obiviously everyone is eyeing on the new GST system!

excelyou

1,255 posts

Posted by excelyou > 2013-10-30 14:54 | Report Abuse

The sudden surge of TIME share price and volume, indicating uCustoms system approved?

ran777

308 posts

Posted by ran777 > 2013-10-30 18:30 | Report Abuse

is it a complete take over of Time engg by crnsof?

azta12

5,594 posts

Posted by azta12 > 2013-10-30 18:32 | Report Abuse

hihihi

ran777

308 posts

Posted by ran777 > 2013-10-30 18:44 | Report Abuse

TAKE OVERS AND MERGERS OF CENSOF OVER TEB refer to Bursa announcement

kion11

57 posts

Posted by kion11 > 2013-10-30 18:50 | Report Abuse

Now, Dagangnet mainly serve customs requirements. GST is about tax and with Dagangnet track records, I envisage that Time Eng will benefit from the GST implementation.Can lah accumulate

Bobby31

585 posts

Posted by Bobby31 > 2013-10-31 11:52 | Report Abuse

losing the stim

Xplosiv3

81 posts

Posted by Xplosiv3 > 2013-10-31 12:20 | Report Abuse

potong stim...

ran777

308 posts

Posted by ran777 > 2013-10-31 12:51 | Report Abuse

looks like overall market sentiments

GoldenRay

185 posts

Posted by GoldenRay > 2013-10-31 13:54 | Report Abuse

Censof in eye of International market now.
http://in.reuters.com/article/2013/10/31/malaysia-gst-idINL3N0IC1KR20131031

Oct 31 (Reuters) - Malaysia's new consumption tax is a boon to IT companies that stand to win infrastructure contracts and fees - provided they can convince people to switch to electronic payments in a country where 91 percent of transactions are in cash.

For companies such as Censof Holdings Bhd and GHL Systems Bhd that specialise in creating electronic payment and software systems, the initial benefit will likely come well before the tax is implemented in April 2015.

Siva68

1,858 posts

Posted by Siva68 > 2013-10-31 13:59 | Report Abuse

Hope with this news, our afternoon stock can goreng upwards!

Hot.T

1,930 posts

Posted by Hot.T > 2013-10-31 14:38 | Report Abuse

non-mover?

mickaelp

95 posts

Posted by mickaelp > 2013-11-01 08:55 | Report Abuse

The scheme to implement GST should be started in government departments first, am I right? Therefore those trainings, facilities, documentation and etc. have to be ready before year 2015, so CENSOF, GHLSYS, MYEG will start work within this few months, am I right?

caven101

911 posts

Posted by caven101 > 2013-11-01 09:19 | Report Abuse

mickaelp this project is discuss since from 2008 until 2014 just announce the GST will be implement on 2015 APR. As the news is public out the most benefit company is MYEG and CENSOF.

CENSOF’s long-term outlook underpinned by:
(i) the potential influx of GST-compliance accounting system upgrade and training services demand from its existing 80 plus government agencies before the official implementation of GST in Apr-15,
(ii) continued projects/contracts flow from various government agencies for its FMSS project, and (iii) potential massive synergistic benefits that could be created for CENSOF and Time Engineering Bhd (TEB) post acquisition.

so for my opinion that is no harm to keep this counter cause have dividend and company is still in earning trend. Important is will be having good future once the GST 2015 is implemented. More and more project will be coming for CENSOF cause trusted by government.

WimpyDark

16 posts

Posted by WimpyDark > 2013-11-01 09:25 | Report Abuse

time to accumulate

member41

3,718 posts

Posted by member41 > 2013-11-01 09:53 | Report Abuse

my eg moving... censof to follow?

minitrader

2,273 posts

Posted by minitrader > 2013-11-01 09:54 | Report Abuse

run run censof..giddi up...

Posted by scottywhyte1897 > 2013-11-01 11:47 |

Post removed.Why?

keyin

2,150 posts

Posted by keyin > 2013-11-01 13:11 | Report Abuse

Any tp

mickaelp

95 posts

Posted by mickaelp > 2013-11-01 13:58 | Report Abuse

thanks caven101, appreciate the analysis

member41

3,718 posts

Posted by member41 > 2013-11-01 15:00 | Report Abuse

engine start again... 61

CityTrader

8,151 posts

Posted by CityTrader > 2013-11-01 15:14 | Report Abuse

Annoucement says "take over & merger" may i know what is that regarding? TQ

CityTrader

8,151 posts

Posted by CityTrader > 2013-11-01 15:23 | Report Abuse

TQ Kelvin, good or bad news like that??

Posted by Kelvin Leong > 2013-11-01 15:25 | Report Abuse

hahaha, i'm newbie, should not ask me. LOL, now i still struggling wan to enter to this counter o not

CityTrader

8,151 posts

Posted by CityTrader > 2013-11-01 15:26 | Report Abuse

ok ok .. TQ Kelvin :)

Posted by Kelvin Leong > 2013-11-01 15:27 | Report Abuse

any good counter recommend?

caven101

911 posts

Posted by caven101 > 2013-11-01 16:00 | Report Abuse

Kelvin Leong with the 2014 budget announced the benefit sector sure is GAS and Oil, Technology, but not for Property for the moment. Other not clear. GST implement is most benefit to MYEG and CENSOF. for GAS and Oil have a lot company but all too higher the price today also have new IPO UMWOG 1st day only already up more than 35cent

Posted by Kelvin Leong > 2013-11-01 16:35 | Report Abuse

Thank for the info Caven, just miss the boat today for UMWOG

Posted by majorarmstrong > 2013-11-01 17:06 | Report Abuse

TP @ 0.75 or even 0.80!!

connie9170

37,592 posts

Posted by connie9170 > 2013-11-02 15:51 | Report Abuse

hi chang0509 can translate some key points or not ?? thks

chang0509

167 posts

Posted by chang0509 > 2013-11-02 16:34 | Report Abuse

we also see a clear-cut winner – CENSOF – with the implementation of GST as it is one of the major accounting solutions providers for government agencies. With the implementation of GST, CENSOF can anticipate to see more contract flows. Besides, it may also benefit from the government intention to promote Outcome-Based Budgeting (OBB) in the Ministry of International Trade and Industry and Ministry of Health Ministry, in particular. Furthermore, Censof can create a new revenue source by providing its software solution to 80 government agencies.
Kenanga has a outperform call for Censof, with target price of 61 cents since the future is bright.

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