Tuesday, October 29, 2013

Budget 2014: CENSOF - a big winner !

With the announcement of GST to be implemented on 01 Apr 2015, for sure software changes is required by government or government agencies on their existing system.

As we know MyEG is involved in E-Government services, surely this company will benefit from the implementation of GST.

Another big winner should be CENSOF which involves in software services. This is the company that provides financial management solutions to the government and its agencies.

Overall there are about 60 government agencies get the software services from Censof.

Last Friday while Budget 2014 is being tabled by PM, Censof was suddenly traded actively and closed at RM0.575 with highest at RM0.585, up by RM0.045.

Its warrant, CENSOF-WA performed even better than the mother share, opened at RM0.41 and close at RM0.475, up by RM0.065.

This could be the hidden gems !
 

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