CENSOF (5195) : CENSOF - Safe Heaven to All IN
Why
CENSOF ? Its the most safe bet for now when market is not stable and
all the company result have already released. So what we should focus
and play from now on?
First we should now know, good result company mostly no up a lot or even drop such as INARI and others, bad result company drop much more. So trade fundamentally will definitely kill you immediately.
Market now focus on theme play and rumors much more than any TA or FA can do. Just take a look at IFCAMSC. GST in the move.
IFCAMSC
have fly high from less than 0.10 to 0.495 in less than 3 month. If you
based on TA, its extremely oversold and you will definately missed the
opportunity. If you based on FA, this company PE is surely sky high. Its
simply because BRAHMAL VASUDEVAN effect on this counter + gst play + a
better earning.
So
what is all about with CENSOF ? Logic tell me CENSOF should fly much
more than IFCAMSC can. Is that great? But of course CENSOF dont have
indian man effect but without that, with my logic finding, it should
reach my target at very short term.
1.
Just do a quick comparison for FA. A very quick one, you can see
surprisingly CENSOF have less share issued compare with IFCAMSC. Market
float is also not far much different. 35.21% IFCAMSC, CENSOF 42.25%.
Which mean CENSOF can be fried easily like IFCAMSC too.
Compare to latest quarterly result, CENSOF are doing much better than IFCAMSC.
2.
Look at CENSOF price. CENSOF not even start to fly up to previous high
yet after result released due to poor market sentiment. So this is the
best chance to enter and ignore whether the market is good or bad !! The
lowest it can drop will not more than around 0.48. Logically it wont
drop below 0.50 anymore and its tell me you don have to wait breakout or
any stupid signal to all in this counter. You have to get in
immediately before too late.When market turn good this will definitely
fried high.
3. After you see FA and TA, we should apply more LA now.
Censof own DNEX shares since last year at a very cheap price around 0.20+ and already sell off some.
Refer to : here
And check yourself what is DNEX price now. : 0.325 !!
Logic
analysis tell CENSOF have already earn from their investment from DNEX !
And some more DNEX profit is improving !! Which mean it will unlock
more values to CENSOF !! Bravo !!
4.
GST is a very hot theme bring up by IFCAMSC, so we can obviously see
market will put more focus onto other GST related counter also. You don
have to care whether CENSOF will doing well for next quarter or not,
logically it can be fried to break new high before next quarter result
come. (Then you only prepare for exit or hold)
(some
more company that buy GST software is still very little, more sales are
coming, think logically confirm next quarter can do better than
previous !) If 1 GST software sell RM 5000, 200 company buy = RM 1 mil.
If they sell more expensive and get more than 200 client? How many
company in Malaysia? Easily they can do better than previous quarter.
5.
Lets logically think will the enter price of 0.52 being wash in near
term. First move was at 0.48. If you are contra player that come in at
0.48. You most probably left at 0.50-0.52. And previous Friday volume,
you can judge that first badge of contra player have already say bye
bye. So to drop below 0.50 is hardly being affected by contra player. If
coming Tuesday another badge of contra player come in at 0.510-0.525, I
sure they will hold tight to at least 0.53 above only sell. Which mean,
logically this stock will very hard drop below 0.51.
Let
say if the big player to wash you down below 0.50 to scare you, I will
all in my mother father grandmother father money into this stock so that
I can get such a cheap stock and wait big player fried for me again,
will they so stupid? What will other do? Think logically this stock is
such beautiful and only need to apply "logic analysis" to trade.
As a conclusion,
Market
focus on penny stocks now. To trade safe, look for stock not yet being
deep fried and so you wont be deep fried by big players. IFCAMSC is
already over fried, the risk is very high compare to CENSOF. Will market
change focus to CENSOF ? This let yourself decide.
CENSOF should be coming weeks fried star and my first Target Price 0.605, second TP 0.655 third TP 0.80.
Bursa Stocks Logic Trading Analysis
http://bursalogicanalysis.blogspot.com/
Friday, August 29, 2014
