Hit 0.455, all time highest volume of 40mil (18% of total share) hit on 26/5 when 1Q15 results out with 67%N.Profit increased. This is just the beginning.
Opensys is for long-term keep. I first bought in 2010 at 0.08 and got nice surprise when I receive 2 dividends in a year. I added at 0.16 and 0.26...and still keeping. I look at the FD, bank balances, share premium, retained earnings....cash rich to pay dividends. The share premium and retained earnings is sufficient to capitalise and issue 1:2 bonus.....waiting for that. Meantime happy collecting dividends twice a year.. ha ha ha.
after price shoot up, director started to offload,,,i find tat really irresponsible! its like telling everyone that the company performance not sustainable
why want to sell??I just want to in, he sell..scare and don't know what is the consequences of the sell off...we are not inform as the director have all the information...
bsed o announe.price he sold 0.40 ...now, opensy may reached 0.50....10 million sshres exchanged n buyer alredy profoited 4 cts...i think must be a block deal frm him to institution fund .....he made quick profit n buyers gains 4cts or more .later... if someone is interested in ur company n buys million of shares tis is good fr compnys future...
opensys is clearly the king in sun raising CRM market.the company is now come to the explosive growth stage with local bank are trying hard to reduce fixed cost by adopting new technology,ATM are one of the area that need to transform,since local bank are spend multi hundred million yearly just to maintain their ATM/CDM.
CRM machine was selling at Rm 40,000-Rm50,000 per unit.given that most of the banks going to replace ATM/CDM with CRM within next couple of years,Rm600-750million worth of CRM order just ahead!
the most crucial things is,no other players in the market are capable to deliver the huge order,due to limitation of capacity,but only opensys!
please calculate yourself,with revenue of only Rm 45million in 2014,how much opensys actually worth with the coming orderbook and 12-13% historical net margin?as well as the recurring maintenance income for CRM?
i am writing an detail analysis report about opensys,given its unbeat outlook and deep undiscovered value.i believe the uptread of share price will continue,due to the stock had attracted eyeball of media,investor,and well-known investment consultancy firm like grandpine capital.
technical analysis supportive to my point of view as well,since the strong resistance of 40.5cen was broken last week.
fundamentally,opensys is definitely worth much more than current price,which stand at 44cen after last week rally.
PERSONALLY,i believe the intrinsic value was around 70-75cen with strong upward bias.
i advise everyone go and do a deep study with opensys.then you'll know the reason of my confidence and optimistic.the next techno star in bursa malaysia,could be this.
Sherlock, fully agree with you. I discovered this gem last week after the QR.
Opensys consistently grow in revenue and profit in last 5 years, and a big jump in rev and profit in Q12015, more importantly, I don’t think this is a one off contract as I think Opensys growth in CRM and BPO is sustainable, see below detail from QR and Annual Report:
From QR: • The profit is higher was mainly due to the higher revenue achieved from the sales of the Cash Recycling Machine (CRM) and the Business Process Outsourcing (BPO)
From Annual Report, Chairman’s Statement: • At present, the total number of cash-dispensing and cashdeposit ATMs in Malaysia is approximately 15,000 units with an annual growth rate of about 5 percent. The penetration rate of CRMs currently stands at a mere 4 percent of the installed base. If the banks in Malaysia start to install CRMs at their new branches, and trade-in their older ATMs for new CRMs due to its indisputable cost benefi ts, OpenSys can profi t from it for the foreseeable future.
• Besides our CRM success, OpenSys provides business process outsourcing (BPO) for bill payment kiosks to utility, insurance and telecommunication companies in Malaysia. Our bill payment kiosks allow their customers to pay bills, reload prepaid cards and renew insurance premiums using cash, cheques, credit and debit cards. In the BPO arrangement, the service providers leave the daily operation of their self-service kiosk infrastructure to OpenSys while they concentrate on their core competencies. OpenSys manages their whole infrastructure by providing hardware and software, modifying business applications, distributing software updates and advertising screens, monitoring the health of the kiosks centrally and providing maintenance support and services. In return for managing the infrastructure for these organisations, OpenSys charges a fee for each payment transaction performed by their customers, resulting in steady recurring income for our Company.
Opensys recent high is 0.475 during Aug 2014, at last year EPS, that price is trading at PE20, that was before the explosive growth. Technology/BPO counter can trade as high as PE 25-30 which is acceptable. At current EPS of 0.3, PE20 will mean opensys can easily hit 0.6, and if you use forward PE, 0.7-0.8 is quite possible as well.
Normally when director selling, you have to analyze the number of share they dispose vs. their holding, how frequent they dispose. Also the price movement after they dispose, he dispose on 28 May, but 29 May price continue to go up strongly, nothing to worry.
Also, some time director dispose their share to operator for them to help goreng the counter.
if you apply golden 10x PE of 1st quarter annualized EPS,which stood at 1.39cen.fair value was around 56cen(1.39x4).
but,had to remember that the growth momentum had just came in,so higher valuation is deserved in opensys case,since the EPS will keep on growing for at less next 3-5year,depending on the speed of CRM order execution.
tats why i am now talking about the fair value of 70-75cen with upside bias.if you buy at current price or even lower.please continue to hold it for 2-3 month.at less don dispose below 50cen.stock like opensys are difficult to find in bursa right now.
I guess the disposal on 28 May is only one time only, no more announcement after that. And you are right, normally if director disposed shares, but price still go up, is a good sign to me
tkp1 I guess the disposal on 28 May is only one time only, no more announcement after that. And you are right, normally if director disposed shares, but price still go up, is a good sign to me 02/06/2015 10:42
tkp1 this week can hit 0.5 easily 02/06/2015 11:55
bobbie it looks promising 02/06/2015 12:17
member41 ceo was encouraging in the annual report... will add 02/06/2015 12:26
tkp1 no more director disposing, as I said, it should be a just one time disposing for him to buy big house or new car lah :) this week heading to 0.5 02/06/2015 20:34
Good time to buy, the more the consolidating of the stock price. the biggest power it can break thru resistance 0.460. Good FA with prospect. What u guys waiting for?
tkp1 >>no more director disposing, as I said, it should be a just one time disposing for him to buy big house or new car lah :) this week heading to 0.5 02/06/2015 20:34
you follow me cari makan, sure win one, see I earn 6 digits in Frontkn d, your k1-wb lost so much, still dropping today, follow me, sure win in Opensys, hihihi
Haha, you can say whatever you want. My cost is only 0.38. This stock no need to run, 0.5 is my TP1 only, I will hold until 0.6, let's see after few weeks.
more and more he disclosed, the more we know tkp1 is a big liar.
Posted by tkp1 > Jun 3, 2015 12:43 PM | Report Abuse
Haha, you can say whatever you want. My cost is only 0.38. This stock no need to run, 0.5 is my TP1 only, I will hold until 0.6, let's see after few weeks.
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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....
wilsontts90
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Posted by wilsontts90 > 2015-05-29 11:51 | Report Abuse
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