RaveChan

RaveChan | Joined since 2021-05-20

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2021-05-31 10:33 | Report Abuse

@bobbie, share price of NCR surged to US$48.20 (about RM200 per share) last Friday from a low of US$13.43 on 20th Mar 2020. OpenSys' share price is only US$0.11 (RM0.455). I will hold my shares with OpenSys and wait for the minute company to become a giant.

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2021-05-24 10:58 | Report Abuse

Companies that provide Payment solutions/services (current PE ratio & its stock price):
1. GHLSYS(Main market) PE 242x, last price: RM1.75 Note: BV sold at RM1.00, reinvested when the stock price climbed up to RM1.70(paying 70% premium for re-entry)
2. REVENUE(Ace market) PE103x, Last price: RM1.93
OPENSYS current PE is only 16x; for PE of 103x(REVENUE), the price should be RM2.90
For PE of 242x(GHLSYS), the price should be RM6.80

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2021-05-21 08:44 | Report Abuse

with a PE of 16x now, price is now very attractive. For tech stocks, PE of even 20x is considered very low.

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2021-05-20 11:34 | Report Abuse

Tan Yu Yeh (net worth $1.7B), the founder of Mr DIY is the 4th largest shareholder of OpenSys. 0.475 is a good buy for such a good fundamental tech company with potential growth in many of their own software solutions/products & services.