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.
Posted by BuLLRam > Sep 5, 2014 08:28 PM | Report Abuse X blast off coming next week...0.66.....kokokokok....
Posted by BuLLRam > Sep 4, 2014 10:06 AM | Report Abuse X patience..holding up well abv prev Res 0.545...now in consolidation phase...before blast off.....
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.
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.
This is free warant, i think the share price only dilute after warant expired and convert. Look at the gst counter like ifcamsc without any free warant good stuffs also climbing, why so worry abt exdate minor profit taking
Doodles: people abandon son and go for mother, it's unfavorable to buy son at this stage - mother got free warrant but son has nothing - after ex mother gotta drop some cents while son definitely follow My 2 cents
Royal Malaysian Customs Department has approved 55 vendors to market GST-compliant software to industry and Bernama has received very good response from a number of software vendors to exhibit their products.
censof is only 1 out of 55 vendors approved on the 1st batch. what about 2nd batch? and how aggressive censof sales & marketing team to grab the most sales?
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.
KingDavid- Good observation. Thanks for the insight. Just got a learned friend to really look into the charts.. his opinion is that the uptrend looks really good and sustainable. Good luck to all!
today 1st second volume done by me....i sold all already bcos i forseen price will drop....See instanco when give free warrant n most recent ecofirst. ....both Start drop 4days bf ex date....this. trend will continue....god bless u all....
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Posted by dg123 > 2014-09-23 09:19 | Report Abuse
Fundsgx, I beg to differ as IFCAMSC PE is too high, it is a sing of a goreng counter.