Stock Analysis – CENSOF (5195) – RM0.285:

Reviewing from the daily technical chart, CENSOF’s stock price rebounded from last week higher low at RM0.265 with increasing volume. The stock price is riding above all EMA lines which are arranged in uptrend order and also riding above rising SAM200 line. This indicates that the stock price is preparing to resume uptrend along with its markup phase;

If the stock price could breakout and stay above RM0.290 for higher high with trending momentum and increasing volume, then let’s monitor for the next possible short-term targets around RM0.295, 0.310, 0.335, 0.375, 0.395, and 0.435. Long term investors may prospect for possible long-term targets to challenge around RM0.455, 0.470, 0.490, 0.500, 0.510, and 0.525;

Should the new higher high beyond RM0.290 be successful, trailing stop with EMA20 or EMA30 line, or if the stock price were to pullback unexpectedly, put the short-term stop loss below RM0.265 or worst case below RM0.250;

The secondary indicators like MACD, DMI and RSI are at good junctures that may biased to lead the stock price for further rebound and prepares to resume its uptrend along with its markup phase;

XChart’s Stock Analyser as shown above is fundamentally PFS9=3 indicates FA is not good yet, but technically TAS20>70% indicates that the stock price may biased for further rebound and preparing to resume its uptrend along with its markup phase;

Fundamental:
CENSOF HOLDINGS BERHAD (CENSOF, 5195) is listed under MAIN market’s Technology Sector.

Principal Products / Services:
a) Financial management software solutions and services, including financial management system for corporate and government;
b) Training services in areas related to information technology.

Financial ratios:
TTM Q3-Dec-2024: PBR=1.57, EPSG=12.04%, PER=23.55, ROE=6.62%, NGR=NetCash, DER-ST=0.01, TLER=0.29;