OPENSYS (M) BHD

KLSE (MYR): OPENSYS (0040)

You're accessing 15 mins delay data. Turn on live stream now to enjoy real-time data!

Last Price

0.37

Today's Change

0.00 (0.00%)

Day's Change

0.365 - 0.37

Trading Volume

176,600


7 people like this.

5,997 comment(s). Last comment by OptionOracle 1 month ago

Posted by Lee Kian Hoo > 2016-05-16 22:06 | Report Abuse

today volume spike

Posted by Wing Destiny > 2016-05-16 22:48 | Report Abuse

Not only today, the price will spike when the market is recover.
Now just the beginning of the move.
if Not mistaken, this not yet a pure uptrend.
If the signal of uptrend is there, this counter will boom for sure.
Just take low n sell high~ Keep calm and watch it :)
Remember Intrinsic Value is 81Cent.

Discount rate 70% = 24 cent
Discount 50% = 40cent

Posted by Wing Destiny > 2016-05-16 22:50 | Report Abuse

As you can see the news and media start to report this counter.
Previously I take VIVOCOM at 0.26 cent, after media its go up to 32.5cent.

I just sell it at 32 cent, as I know this counter wont go too far. You can found the answer in Its Annual report 2015.

kentg03

971 posts

Posted by kentg03 > 2016-05-17 09:24 | Report Abuse

opensys so hot today

Posted by Wing Destiny > 2016-05-17 09:33 | Report Abuse

Really hot, but this counter may have one to break rm0.44. if break thru 0.44, it may have another level to go :)

Posted by wallstreetsurvivor > 2016-05-17 09:36 | Report Abuse

big,big,big!

hacker

12 posts

Posted by hacker > 2016-05-17 09:40 | Report Abuse

Very good and potential counter, dividend paid and capital appreciation.

Posted by freeman975 > 2016-05-17 11:07 | Report Abuse

@Wing Destiny, may i know price might go to 32 cents or 44 cents??

leelc70

402 posts

Posted by leelc70 > 2016-05-17 11:51 | Report Abuse

good sign of moving forward as the resistance point 0.30 broke

Whojen

18 posts

Posted by Whojen > 2016-05-17 15:47 | Report Abuse

Yeah finally broker 30 after so long

Posted by Wing Destiny > 2016-05-17 17:04 | Report Abuse

@ Freeman 975 The price next level should be 0.38 Cent but before it must closed at 0.32 cent. Resist Line, or call it as supporting line. With this volume and quality of counter. Hold it and wait :)

Posted by Lee Kian Hoo > 2016-05-17 22:03 | Report Abuse

DJIA red

Posted by Wing Destiny > 2016-05-17 23:33 | Report Abuse

Have to break 0.335 for next wave ;)

paoblocrk

101 posts

Posted by paoblocrk > 2016-05-18 11:14 | Report Abuse

not much coverage on this stock but seems great for this stock ...... wow

Posted by wallstreetsurvivor > 2016-05-18 14:35 | Report Abuse

no more show, will keep dropping till they feel happy. wait 1 year for another good show. ;)

Posted by Wing Destiny > 2016-05-18 18:58 | Report Abuse

Throw n I buy more :)
This stock is good for Value investor :)

HuatRex

2,617 posts

Posted by HuatRex > 2016-05-23 10:35 | Report Abuse

Who keep throwing at 0.305?

micsoh

1,174 posts

Posted by micsoh > 2016-05-23 15:12 | Report Abuse

Thing Don,t look good, someone just keep on dispose

Posted by Wing Destiny > 2016-05-23 16:34 | Report Abuse

Just buy as the company dominate 80% of Cash Recycling business. Calm and keep collect this Dirt Chit xD Just buy more and let see the magic ;)
I have 200% confident toward this company, from fundamental and technical... don't forget the intrinsic value remain 0.81 Cent for 2016 :)

Cheer !! Or I should ask all of you SELL and I buy all ;)

B4b4

7,587 posts

Posted by B4b4 > 2016-05-23 19:17 | Report Abuse

Vivo has NTA RM 0.29 , The sellers throw but only small volume. Nothing to worry . There are many buyers waiting to snap up Vivo. Waiting to have a good and bargain buy.

NoPainNoGain

1,018 posts

Posted by NoPainNoGain > 2016-05-24 10:00 | Report Abuse

Not sure whats going to happen with this.

Been really confidence with this for sometimes. But the confidence start to fade away..haha
Can either be a huge dump at 30.5/30, or maybe simply changing hand for collection and push later.

Qtr result is end of this month right? So might have to wait and see. Either fly high..or drop into ****hole.

Posted by mrtanseeyan > 2016-05-25 22:32 | Report Abuse

WILL strong qr result?

micsoh

1,174 posts

Posted by micsoh > 2016-05-26 12:41 | Report Abuse

I think is go-to Holland lah

NoPainNoGain

1,018 posts

Posted by NoPainNoGain > 2016-05-26 13:12 | Report Abuse

i will have to turn into onlypainnogain soon.. demit.

Posted by Wing Destiny > 2016-05-26 14:42 | Report Abuse

Hopefully its drop to 0.27 ;)
Pleaee throw now^^
Keeper is here for collect ~

Posted by Wing Destiny > 2016-05-26 14:43 | Report Abuse

Come on someone panic sell?? I'm here to collect your tocken.

micsoh

1,174 posts

Posted by micsoh > 2016-05-26 19:52 | Report Abuse

quater report is still not out yet, who can tell, just like rgb, today out result is good, but this few day sometime drop too, so, just wait patiently.

NoPainNoGain

1,018 posts

Posted by NoPainNoGain > 2016-05-27 10:30 | Report Abuse

Something brewing??..blockage @ 31 and 31.5 quite thick..

Posted by Wing Destiny > 2016-05-27 17:22 | Report Abuse

Low quality trader around, quality investor always remain patient n long term :)

NoPainNoGain

1,018 posts

Posted by NoPainNoGain > 2016-05-27 17:59 | Report Abuse

Revenue and profit drop ;(

shinado

413 posts

Posted by shinado > 2016-05-27 18:04 | Report Abuse

Read the report in its entirety: http://www.bursamalaysia.com/market/listed-companies/company-announcements/5107013

"It is pertinent to note that the exceptional revenue and profit before tax for the corresponding quarter last year was due to the expedited delivery of equipment and
services in view of the imminent implementation of the Goods and Services Tax before
the 1 April 2015 deadline."

"Our order book for Cash Recycling Machine (CRM) remains robust. In the first quarter
of this year alone, our order book for CRM has exceeded that for the whole of last year.
Barring any unforeseen circumstances, this backlog should translate into strong revenue
for the remainder of this year. However, it is worth noting that our margins will be
subjected to the foreign exchange rate on the ringgit."

micsoh

1,174 posts

Posted by micsoh > 2016-05-27 19:39 | Report Abuse

no wonder someone keep on dispose, but how come not announcement inform?

NoPainNoGain

1,018 posts

Posted by NoPainNoGain > 2016-05-28 13:48 | Report Abuse

Last sentence is crucial..ringgit need to be stronger..then sure can go monaco drive perrari..otherwise profit margin sure drop.

Since im already in, just keep topup if price drop la.

born2bking

773 posts

Posted by born2bking > 2016-05-29 20:51 | Report Abuse

opensys my old friend.. have are u doing?

balvin71

1,154 posts

Posted by balvin71 > 2016-05-30 08:51 | Report Abuse

Compared to last 3 quarters (Q22015 to Q42015), revenue and profit also drop. No need to compare to 1st quarter 2015 before GST story. Something is wrong with the statement. I suspect, like I said before, revenue under pressure due to less revenue from cheque clearance business & margins under pressure due to yen to ringgit exchange rate.

balvin71

1,154 posts

Posted by balvin71 > 2016-05-30 09:00 | Report Abuse

Just noticed, just reported profit is the lowest in the last 14 quarters (3.5 years)!!!

Old90

686 posts

Posted by Old90 > 2016-05-30 10:27 | Report Abuse

Same like Ocncash case, disappointed QR, expect it will drop further.

Kinz

141 posts

Posted by Kinz > 2016-05-30 12:47 | Report Abuse

Did you guy read QR review last sentence ? Read carefully and think about it . < note : I holding this stock with cost RM 0.10-RM 0.28 >

LKOH

365 posts

Posted by LKOH > 2016-05-30 14:18 | Report Abuse

Kinz, which is the QR review last sentence?

paoblocrk

101 posts

Posted by paoblocrk > 2016-05-30 16:20 | Report Abuse

Orderbook is a very forward looking statement, although it has exceed the whole of last year, the realisation of the orderbook may not materialise if the customer i.e bank cancel the contracts. Nevertheless, still some hopes it will rebound in Q2, Q3 and Q4.

Here, the management may have tactics to delay some delivery of CRM during the volatile weak RM/USD, whilst delay it to the later date when it is more stable. This is why Q1 results is slightly off. If you notice, instead the software and solutions segment is doing still good with margin of around 44%.

So this is a bet here, if we believe the management on the forward looking statement on the orderbook, we may continue to buy hoping a rebound in Q2,Q3 and Q4, finger cross the order book won't spill over to FY 2017.

But this is an ACE market listed stock, so apply some "discount" on the credibility or ability of the management to deliver such promise..... This is because the management, in the statement above didn't explain proper the reason for the drop in sales ( i.e lower demand or etc etc) rather it masked it with exceptional one off sales last year. At normal operating cycle, if it is performing like this... then it is a red light. To put it in another perspective, when u get poor result in an examination compared to previous semester, you don't explain previous examination is simple, rather you should explain why you didn't do good this semester ( didn't study, the question too tough or etc etc) hahah just a perspective

singkalin

521 posts

Posted by singkalin > 2016-05-30 17:45 | Report Abuse

Panic selling

singkalin

521 posts

Posted by singkalin > 2016-05-30 17:46 | Report Abuse

I still holding. It's temporary down only.
Will rise again.

duitKWSPkita

26,756 posts

Posted by duitKWSPkita > 2016-05-30 17:48 | Report Abuse

So many times since Jan.. I think their panic become our norm ad

shinado

413 posts

Posted by shinado > 2016-05-30 21:01 | Report Abuse

paoblocrk that's a good explanation. I actually hope management are willing to disclose book order amount in Ringgit like how Favelle Favco is currently doing.

Kinz

141 posts

Posted by Kinz > 2016-05-30 21:31 | Report Abuse

if u ever sent email for enquiry , this is the 1st company that their CFO reply my email . So how u think about their management ?

born2bking

773 posts

Posted by born2bking > 2016-05-30 22:48 | Report Abuse

at 0.28.. i still dun sell much panic.. just a bit..

paoblocrk

101 posts

Posted by paoblocrk > 2016-05-31 09:57 | Report Abuse

@ Kinz, you send email to them before and the CFO can reply you? Wow........can have 2 signals

1) The CFO really micro manage everything and very respect all the stakeholders, unless his secretary reply on behalf of him
2) But mirco-managing is not good, since one resources are scarce, to do all the though company job and to reply your email........ doing all the financial reporting/audit/bla bla bla job or maybe he is just too free

But looking at it literally, actions (like rewarding shareholders, showing good governance, holding up integrity, being transparent with disclosure) will speak louder than words (just replying email)

Anyway, hehehehe, I am just kdiding, anyway, Kinz, what have you asked? can you share to us?

NoPainNoGain

1,018 posts

Posted by NoPainNoGain > 2016-05-31 10:21 | Report Abuse

Even with high selling pressure yesterday, this stock still maintain support @28 cents which has been major support since Oct-2015.

It is pretty much expected for price to drop after profit fall announce, since for most investor (especially trader), the review behind their qtr result does not meant much. What matter is how much revenue?how much profit?increase?decrease?

Posted by Wing Destiny > 2016-05-31 17:24 | Report Abuse

Friend, I still with you :)
Let take it low and sell high This the chance. After first quarter result is out... sorry to said.. intrinsic value have fall to 0.51Cent.....

But still okay to hold this stock :)

skyea

285 posts

Posted by skyea > 2016-06-01 08:47 | Report Abuse

eh u all not worried prolonged bear market ah...later it arrive before opensys can even rise to catch a breath..then u all can cutloss at 20sen. by then market be so bearish, no buyer there for u to throw lor

Post a Comment
Market Buzz