Soon..some big institution or player is going to realize the potentials of this company..then price will be higher...to those who have got it..wait patiently..
Todays volume so small...thats a good sign...price higher...no more selling pressure....many years back this counter had big names as shareholders......i hope they come back...coz this is a good well managed company ...low debts..healthy balance sheet...good consistent revenue...reasonable profits..paying dividends... Not a very big float...related to the banking industry...... any value investor should be able to see this...So where are they?
Not sure why...but the owners have increased their shareholding...everytime someone sold...the founders bought....so that shows confidence...anyway..leaving the past....this counter is a good bet now....i just hope someone big would participate in it....u need to mop up a About 15 to 20 percent of its shares from the open market....coz too much still floating around....only then the price can go up...
U can the information on the shareholding change from above...click disclosure.....been holding this counter for 3 years...my buying price is 20.5... I hope i can make atleast 4sens.....so my target selling price is 25sens...just hoping it wii reach there soon.
The article in Edge sparked my interest in this counter. My concern is that the Cash Recycling Machines are also available from current ATM market leaders and have proven track record like NCR. How successful can OpenSys, being the new player in the ATM field, capture market share from the current providers?
Oki Electrical has already introduced this CRM in Russia ,China , India....succesfully...as usual Malaysia is 3 years behind...moreover the current machines have been around for more than 10 years...some of them are obselete.... at present with just CDT machines Opensys is already doing well....can u imagine its turnover and profits once they penetrate the ATM market.....
This counter...has heavy selling below 20sens......Only the big boys can push it to better levels....so for now...19sens... personally i feel this counter should trade above 30sens...
Thats good news. Holding very well today.. trading getting stronger...according to the EDGE...opensys with its foreign partner is in talks with 4 banks to change their ATM machines to CRM machines....if it gets even one out 4 that would be great....
i believe this time opensys would break its all time high and trade much higher....coz over this past few years it has made itself stronger and the owners know it...and real investors will see this...and this will push up the price...
Good volume..good closing...finally after sometime it has closed above my buying price....will sell around 25sens....hopefully in a few weeks it will reach that level....slowly but surely..
Last time its price was the same as Iris around 18 sen. Now Iris is already 60 sen... you make the choice... I've bought at 16.5sen around one month before and holding it tight..
The owners have been collecting....thats why....trading very well today...eventhough heavy selling...Felda took a large stake in Iris thats why it can go up to 60sens....Opensys needs a big buyer...if can mop up 20 % of shares from the open market.....then maybe it would trade above 40....then maybe 44 can see.....
These multi tasking machines are very convenient...market is bad today ( monday down 10 points ) opensys heavy selling...i sold all my shares 80k at 20.5sens...finally got back my money after 2 and half years......
Yes volume is still small....means cannot play contra....only those who buy to keep can make money in this counter.....i held it for so long just to get my capital back.....should have waited just another week...
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
AhSook AhKou
1,296 posts
Posted by AhSook AhKou > 2014-02-16 11:19 | Report Abuse
Ahyoo just sold whole lot yesterdays ................