Posted by superstar > 2013-02-28 12:18 | Report Abuse

Just yesterday, we commented that CENSOF was within a close range to the long term resistance and that traders should watch for a breakout above this 45 sen level. Indeed, the share price has now broken above this crucial level, having closed up by 1.5 sen at 45.5 sen. The technical picture has improved significantly as a result, and we reckon that any downside from here would likely be limited to the resistance-turned support at 43-45 sen. The technical indicators are also bullish with the MACD Histogram on an expansion track while the Stochastic indicator entering a bullish state. From here, we expect further upside towards 50 sen, and 55.5sen further up. In the meantime, we expect some support to be present at 43 sen and 37 sen.

Source: Kenanga
Labels: CENSOF

Posted by superstar > 2013-02-28 12:25 | Report Abuse

Period 4Q12/FY12

Actual vs. Expectations FY12 net profit of RM9.4m was above expectations and accounted for 125.4% and 117.3% of ours and the street's full year estimates of RM7.5m and RM8.0m respectively. It was mainly due to higher contribution from OBB projects and additional revenue from newlyacquired subsidiary KnowledgeCom.

Dividends No dividend was announced during the quarter, as expected.

Key Result Highlights YoY, FY12 revenue rose slightly to RM44.5m (+2.7%) due to higher revenue contribution from projects e.g. ICMS & Outcome Bases Budgeting (OBB) project, which has been c.80% completed thus far according to management. The net profit increased further to RM9.4m (FY11: RM8.8m) due to: 1) higher contribution from its higher GP margin maintenance project i.e. the LHDN maintenance services project, which lifted the EBIT margin to 22.7% (vs. 22.3% previously), and 2) a lower effective tax rate incurred of 2.5% (FY11:2.6%).

QoQ, 4Q12 revenue rose RM17.9m (3Q12:5.3m), boosted by: 1) the higher revenue from the FMSS segment at RM14.5m (vs. RM4.3m previously) as a result of a higher revenue recognition from the OBB project and 2) an additional revenue contribution of RM1.5m from KnowledgeCom, a new subsidiary acquired by the group in Nov-12, which mainly provides corporate IT training services. In tandem with the top line growth, the net profit rose to RM4.6m (3Q12:RM1.7m) despite a reduction in the EBIT margin to 28.8% (3Q12: 35.5%) due to increasing administration expenses (+21%) as a result of the additional staff training cost incurred during the quarter, particularly to cater for the OBB project.

Posted by jasonwong225 > 2013-02-28 14:33 | Report Abuse

run run big sell

Posted by carynchua > 2013-02-28 21:01 | Report Abuse

jasonwong225, run? tomorrow it should hit 47-49 easily, barring any unforeseen circumstances. For the past weeks they r grabbing it in 3k-5k lots consistently. something must be brewing which insiders only r aware of.

Posted by Wizx > 2013-03-03 10:12 | Report Abuse

Censof shortlisted for khazanah stake in time eng. looks set to break 0.50 next week

Posted by kokhawleong > 2013-03-05 09:04 | Report Abuse

No movement today? Yesterday cannot stand 0.465. drop until 0.450

Posted by rico_lwc > 2013-03-05 14:10 | Report Abuse

Drop 2day....need run ?

Posted by kokhawleong > 2013-03-05 14:30 | Report Abuse

Ya wo. Any news why?

Posted by Wizx > 2013-03-11 22:00 | Report Abuse

Looks like still got chance........I hope

Posted by thr3dx > 2013-03-11 22:32 | Report Abuse

keep hoping...
bought at .39 and by the time it hit .465, i realized something wrong...
so sold at .455..find another counter..

Posted by annas > 2013-03-11 23:10 | Report Abuse

this company business is good and growing. stock will stabilised but i reckon it will not move very fast as owner is very conservative..

this is a fair range below 50 cent

Posted by lmf_hau > 2013-03-19 17:10 | Report Abuse

Censof , there was 200,000 share & 250,000 share been transacted @ RM0.425 , at 4.52pm & 4.53pm respectively.

Something is on ,, pls look lah ,,,, ^^

FYI , this is the close GLC Co. which provide tax system to Malaysia IRB.
Its the shortlisted GST % provider too , if BN won the coming GE 13.

But story is story , cant be sure 100%.
Lets look at chart , trade according to chart !!

Posted by ninicola > 2013-03-20 17:39 | Report Abuse

I only left warrant, it's bloody warrant is no trade at all for the past 2 weeks...

Posted by wcs0201 > 2013-03-21 22:35 | Report Abuse

closed at 0.115 today , any comments ?

Posted by wcs0201 > 2013-03-22 09:11 | Report Abuse

censof coming again

Posted by kokhawleong > 2013-04-23 11:03 | Report Abuse

Suddenly 0.460 so much volume

Posted by Jess > 2013-04-23 12:00 | Report Abuse

censof up = BN win

Posted by chleong > 2013-04-23 15:07 | Report Abuse

Be cautious. Censoff is trying their best to complete the disposal stage (no free lunch). Once finish expect a drop.

Posted by ninicola > 2013-04-23 15:23 | Report Abuse

i feel the same too (I disposed last round already), what do you think about its children? still not move during last 2 rounds til today.

Posted by chleong > 2013-04-23 15:31 | Report Abuse

Yes. CENSOFF-WA not much movement because they focus solely on the mother shares ONLY

Posted by wcs0201 > 2013-04-23 15:39 | Report Abuse

still holding its children , mother disposed
any advices

Posted by Jess > 2013-04-23 15:42 | Report Abuse

dispose all @46

Posted by ninicola > 2013-04-23 16:01 | Report Abuse

i still holding its child too, still waiting for the right time, but seems no more chance...

Posted by wcs0201 > 2013-04-23 16:36 | Report Abuse

still far away from expired date

Posted by ninicola > 2013-04-24 09:35 | Report Abuse

i know, but no point to hold it...

Posted by Lawrence Lai > 2013-04-27 10:25 | Report Abuse

good stock to hold on i think

Posted by ninicola > 2013-04-30 21:03 | Report Abuse

it started to drop today... it will drop further after 01/05 and will drop below 10 cent if BN lose!!!

Posted by Lawrence Lai > 2013-05-09 23:06 | Report Abuse

still cheap, lookin to break 50c

Posted by Carlsbg Move > 2013-05-12 09:59 | Report Abuse

the share will attempt to test the old high 0.56

Posted by cent > 2013-05-15 09:27 | Report Abuse

1.00 coming

Posted by Mohd Hilmi > 2013-05-15 09:59 | Report Abuse

Cent. How do u know d tp rm1? :)

Posted by Carlsbg Move > 2013-05-16 02:19 | Report Abuse

finally it has approached the old high.

Posted by Pinnacle > 2013-05-16 08:30 | Report Abuse

GE 13 clear, gst coming, EPf n other govt link institution likely to hold a stake, initial shall be 60 sen minimum, highly chance to success on bid due to announcement of RCn. Cheer!

Posted by cent > 2013-05-16 10:43 | Report Abuse

cheers..........

Posted by rico_lwc > 2013-05-16 21:38 | Report Abuse

2molo continue......upup

Posted by cent > 2013-05-20 09:49 | Report Abuse

up again on sttrong buying. still can accumulate more

Posted by faralenz > 2013-05-21 10:37 | Report Abuse

GST is good because the govt. tax and serice tax at present is 16%!!!!! while GST is only < 7%

Posted by faralenz > 2013-05-21 10:39 | Report Abuse

am I right?? please correct

Posted by 90754248 > 2013-05-21 10:54 | Report Abuse

Goverment tax is on certain items only but GST is on all items, even your purchase on undergarment is also taxed. Good?

Posted by faralenz > 2013-05-21 11:36 | Report Abuse

up..up.. continue hurry!

Posted by faralenz > 2013-05-21 15:46 | Report Abuse

thanks 907....

Posted by Carlsbg Move > 2013-05-21 23:04 | Report Abuse

company and personal tax will be reduced when GST is implemented.

Posted by Pinnacle > 2013-05-21 23:18 | Report Abuse

Cheers!

Posted by koyokui > 2013-05-23 09:03 | Report Abuse

target for this 0.65

Posted by Risk Trader > 2013-05-25 12:38 | Report Abuse

Buy this counter for long term, will get more job from govt...TP 0.80 within 3 mths

Posted by rico_lwc > 2013-05-28 10:55 | Report Abuse

flying....

Posted by mrmsy > 2013-05-28 10:56 | Report Abuse

TP in short term? 0.65?

Posted by divine > 2013-05-28 11:17 | Report Abuse

I am looking for short term TP :) hopeful

Posted by koyokui > 2013-05-28 12:16 | Report Abuse

waran still cheap.que to buy the waran.this afternoon should be great

Posted by iwan1991 > 2013-05-29 10:44 | Report Abuse

watching this stock..