Cup formation completed between 10/11/14 to 10/2/15. Expect some pullback to form the handle with initial support at RM0.375 before scaling higher to test the RM0.43 resistance.
I dont opensys these days....coz volume is high...but price not moving up...my full concentration is on Btech n Techfast Bhd....both small companies...with small profits....but tightly held. check it out... Dont play contra...buy.. only if u can hold...coz both owners are very stingy...
Once a side sell should hv other one side buy! Who should going to sell? And who are going to buy? This is always my consideration point, and i hv my answer on above quiz! So when buy? When sell? A interesting question to let you find your direction.
Last year from February 0.16 to 0.48 august almost 150%. And now was forming four down resistant, and every resistance is upper and upper. Hopefully with a good news of annual report, and the share price perfomance, should be expected is a new trend sign for opensys in 2015.
A few months ago..i suggested 2 stocks..btech n sernkou.. both have recently reported their profits...constantly invest in good companies...buy... pick up n hold....with less cheque transactions these days..opensys might c a reduction in CDM machines....their core business....but they would probably try to incease their CRM machines... so turnover and profits might b sustained.
OKI Cash Deposit/ATM (Cash recycle ATM) business growing to replace old ATMs using Windows OS......turnover and margins will soon explode...upwards. I love the dividends....another RM500 for every 100,000 shares payable on 22Apr15. Look forward to receiving some more in Aug2015...Very consistent dividends paid 2x a year. Ka ka ka..
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....
Edmund Saw
18 posts
Posted by Edmund Saw > 2015-02-08 11:34 | Report Abuse
Cannot break 40c? That is good....why?