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and if you wonder why they are wasting time. oh hey please take a look at the past when fundamentals actually supports higher growth momentum. what did they do? shoot it down like a bird
i bought 158k of it, so you are saying i am impatient? holding for years = impatient? maybe more like operator = king of wasting time and incompetent at their job.
It can be frustrating indeed, lee kit wah. I waited for months hoping to initiate position below 20 cents but did not get it. Ended up buying at 225-230. Personally, I do not think its a good idea to give up if your average price is at lower twenties. Its in net cash position (cash eq - current liabilities), current orderbook and recurring maintenance contracts providing earnings visibility beyond FY2024, relatively cheap comparing to its peers.
as much as i like your presence, i don't think it's logical to anticipate any lower when you are positive on the fundamental of the company. it just doesn't make sense or it doesn't tally at all. which brings us to the main focal point: wasting time.
Market is inefficient for multiple reasons; actual price not reflecting the underlying fundamentals / fair value. And, as a long term investor, its always nice to buy in when market is inefficient and hope for market to be efficient some day. Valuation does not matter until it matters most and stocks that are hated will tripled tomorrow within the context of value investing.
good if you tell this to layman, not me. sound convincing until someone has got 3x the knowledge. now i know someone is mismanaging the money all these years.
Infotec? definitely not. KLSE Infotec is actually Infoline Tec and not the Infotech Singapore or other "Infotech" company. The background of this company is complicated starting from its CEO. You can connect the dots if you were to follow the trail from the IPO prospectus :)
Lol, ok. Info-tech Singapore will probably be the supplier for one of the local companies in the list, Nick :) Thats how it works in many of the companies in Malaysia - trading companies :)
I know the company are well diversified in it's customer based such as it's reach in government, commercial, SME. Is the invoicing mandated on all things related to insurance and takaful?
Jon Cheng
its a platform which own by Censof subsidiary, but I'm not sure what it actually doing...my understanding is this platform is something like MyEG + Bjak, which you can compare few insurance companies policy
InsureKU aims to enable Malaysians to compare quotations for life and general insurances in an easy, straight-forward manner. With products sourced directly from insurers and not through the agency, Financial Advisor (FA) or broker model, insureKU aspires to be the pioneer in providing insurances at a lower cost and “pocket-friendly” manner while enabling transparency in pricing across the board.
Mr. Market will price it accordingly in due time. After all, it has just gotten approval from Bank Negara to start operations. Apparently, it is the first platform in Malaysia to integrate insurance and takaful solutions from start to finish.
I believed its not just comparison since Censof is partnering with Bank Negara, insurance and takaful providers, Jon Cheng. Probably a digital marketplace or something like that; obviously targeting a bigger and broader consumer base.
Mmm. One way to find out is to let Mr Market prove whether this is truly good for CENSOF or bad. If share price tanks, I guess we are all in trouble because sentiment might have not been as good