WHY I AM INVESTED INTO CENSOF 5195 S CENSOF HOLDINGS BERHAD
Blog https://targetinvest88.blogspot.com
Telegram https://t.me/targetinvest88
As
you can see, I am definitely invested in the e-invoice ecosystem. While
there are many players in this industry, some are public listed and
some are unlisted entity.
While
I am in invested in almost all of the public listed company in KLSE
which offer e-invoicing / ERP system / POS system, I found a stronger
liking to Censof due to several reason
1.
Strong relationship with the Malaysia government. Censof is providing
software solution service to critical government services in Malaysia.
2.
Established player in the POS / ERP ecosystem, with various software
catering for different industry from F&B, Manufacturing and
construction.
3. Have established pool of customer connected into PEPPOL framework in Singapore, Hong Kong
4. Strong cash flow and giving dividend for past 2 years
5. Net cash company
The ERP research and development is developing very fast, especially with the emergence of Artificial Intelligence.
Soon,
ERP system will be equipped with AI to provide insight, projection and
probably solution to business owner, which will further put deeper
valuation to software provider company.
With
such solution running on SaaS (Software as a Service) on cloud
internet, and the requirement of the Malaysia government to mandate
e-invoice as a compulsory implementation to all businesses by 2025,
subscription and renewal fee will be a solid cash flow.
Censof already break out from long term down trend. New trend is back up with e-invoice factor to support stronger fundamental.
While
it will take some time to see revenue coming in, however, I think the
current share price is very good for long term investor looking for both
capital gain and dividend yield in the future.
My previous posting on Censof
IMPORTANT NOTICE
Please
be informed that I am not a professional or certified analyst. I am not
a licensed consultant, just a normal retail investor. I am just sharing
my ideas and opinion on the market outlook. Any company mentioned
should not be interpreted as a buy/sell/trade call. Please do your own
research and buy/sell/trade at your own risk.
Blog https://targetinvest88.blogspot.com
Telegram https://t.me/targetinvest88
https://targetinvest88.blogspot.com/2024/01/why-i-am-invested-into-censof.html
https://targetinvest88.blogspot.com/2024/01/why-i-am-invested-into-censof.html
