Key take-aways and insights from Censof Holdings Bhd (5195) Gr | Rakuten Trade Ideas 🎯

Key take-aways and insights from Censof Holdings Bhd (5195) Group MD Ameer Shaik Mydin, Deputy Group MD Tamil Selvan, Executive Director Ang Hsin Hsien on Rakuten Trade Ideas Webinar last nite.

-market leading position in Financial Management Solutions serving over 80 goverment agencies (recurring/maintenance revenue of RM45m)
-market leading position in Financial Management Solutions for commercial with over 407,000 SMEs across Malaysia, Singapore, Hong Kong using MYOB (now known ABSS) accounting software system
-current orderbook of RM96m and tenderbook normally 3x annual revenue with 20-30% success rate
-collaboration with Microsoft to deliver govt resource planning (GRP) system and key beneficiary 2021 budget MyDigital blueprint on digital transformation
-other segments namely; wealth management solution, payment aggregation and emerging technologies solutions to drive future growth
-no dividend policy but recently paid dividends after long hiatus signalling a more positive outlook
-management expects its margins to be sustainable and targeting double digit earnings growth for the next two years

Censof Holdings Bhd (5195) 的集团常务董事 Ameer Shaik Mydin、集团副总经理 Tamil Selvan与执行董事Ang Hsin Hsien 在昨晚Rakuten Trade Ideas 网络研讨会上的主要见解。

-在财务管理解决方案中处于市场领先者，在为80多家政府机构提供财务管理解决方案（经常性/保养收入为 RM45m）
-在商业的中小企业财务管理解决方案中处于市场领先者，在马来西亚、新加坡和香港拥有超过407,000 多家中小企业使用MYOB（现称为 ABSS）的会计软件系统。
-目前的订单为 RM96m ，投标书通常为年收入的 3 倍，成功率为 20-30%
- 与微软合作提供政府资源规划 (GRP) 系统和2021 年预算 MyDigital 数字化转型蓝图的主要受益者
- 其他部分即；财富管理软件解决方案、支付汇总和新兴技术解决方案将推动未来增长
- 没有股息政策，但在长期中断后最近支付了股息，表明前景更加乐观
- 管理层预计其利润率将是可持续的，并在未来两年内可实现两位数的盈利增长