Posted by kkteng70 > 2016-08-19 10:08 | Report Abuse

time to collect ?

Posted by Kheekong2001 > 2016-08-19 10:10 | Report Abuse

Ask icon sifu

Posted by kentg03 > 2016-08-19 10:21 | Report Abuse

mayb QR not good

Posted by Kang Yang Lai > 2016-08-19 10:24 | Report Abuse

Expecting a bad QR? how come suddenly sharp fall at this counter? any master can enlighten us TQ

Posted by kentg03 > 2016-08-19 10:26 | Report Abuse

0.36 ~

Posted by kentg03 > 2016-08-19 10:28 | Report Abuse

0.355, bcome panic selling

Posted by borneotrader_sbh01 > 2016-08-19 10:43 | Report Abuse

Ace market falling down..falling down..

Posted by bjgdila123 > 2016-08-19 11:04 | Report Abuse

sell sell if not ... matilah

Posted by iloveshare128 > 2016-08-19 11:06 | Report Abuse

guys, today's falling is just a matter of time. If you look into the fundamentals of this share:
Q1 EPS: 0.3 sen... i try to be more optimistic that Q2-Q4 will earn more... let's say 0.5 sen.. then total EPS for full year will still be below 2sen... previous price of 41 sen is already more than PE20...
next, look at the net asset.. it is 18sen.. at 41 sen of share price, P/BV is 2.28!!! much higher than 1.5 ratio... not cheap! no margin of safety... any price above 1.5x 18sen= 27sen is considered expensive...

ok, they said they received many orders... but do you know that the customers (banks) can defer/delay the orders anytime? if you understand their contract terms (a friend of mine in this industry told me), they can on-hold the delivery of the CRM machines if need to... so their growth may not be as promising as many have thought... just my 2 cents... let's wait and see for next few quarter results before we buy... if the results are still poor, it will go back to around 20+sen, trust me..

Posted by iloveshare128 > 2016-08-19 11:15 | Report Abuse

Drago, yes, its worth is only around 26-28 sen...

Posted by bavos > 2016-08-19 11:17 | Report Abuse

It's recurring profit stands at 73% which is the software maintenance & service segment , even if hardware sales is not that fantastic , the majority income is still quite resilient and recurring in nature, whenever there's hardware sales , software maintenance and service segment will increase , therefore I don't see much of earnings volatility ... Today market over panic .. Haha

Posted by Drago Tian > 2016-08-19 11:19 | Report Abuse

Will go to 28sen...

Posted by iloveshare128 > 2016-08-19 11:20 | Report Abuse

that is why i always view the "prospects" given by management with a pinch of salt.. not to say cannot trust what they say.. but we have to analyse... sometimes the prospect is something we can be more than 90% sure it will happen, sometimes it is just "prospects"... for example, AirAsia, we can tell from their load factor and other financial forecast (from their sales of tickets in advance)... and their cost of fuel (hedged at a certain low level)... these are certain.. and we know these good earning prospects are very likely...

Posted by iloveshare128 > 2016-08-19 11:22 | Report Abuse

bavos, in this case, why would Q1 EPS is so low? (I know they said Q1 2015 was high because the customers wanted to buy before the GST was in place).. but after GST, no more software maintenance & service?

Posted by bavos > 2016-08-19 11:22 | Report Abuse

Look at its amount of cashflow the company can produce over the many years , it's really quite resilient ... The amount of dividend potential it can give back shareholders is more than twice of the current dividend payout . The company already have strong footing in insurance , banks , utilities and telco companies ...

Posted by iloveshare128 > 2016-08-19 11:24 | Report Abuse

at first glance (like many of you), i thought opensys was a good buy when it was around 25sen.. unfortunately after i did more research, i still think that there are too many uncertainties... example.. do you think many banks will change their current deposit machine and ATM if they are stil working fine? second, if change from 2 lines to 1 line, the queue will be damn long..

Posted by xuewen > 2016-08-19 11:29 | Report Abuse

do not buy ,

it fail to meet KYY golden rules of stock selection

Posted by xuewen > 2016-08-19 11:31 | Report Abuse

since last year already shouting the good prospect and improving profit by some of the sifu here.
what happened ?
reality has proven the sifu wrong

Posted by Kinz > 2016-08-19 11:37 | Report Abuse

seems like a lot of analysis will come out to support the price drop .
All losing money ? haha
Anything below 32 cents should be a nice entry .

Posted by Kheekong2001 > 2016-08-19 11:43 | Report Abuse

Look like somebody press down the price and absord, u sell he buy..m

Posted by jinvest > 2016-08-19 11:44 | Report Abuse

Looks like just one or two of the goreng holders buy big last few days and doing the massive selling.

Posted by bjgdila123 > 2016-08-19 11:50 | Report Abuse

buy below 0.30 is good entry

Posted by jinvest > 2016-08-19 11:52 | Report Abuse

Can see that still collection at 0.355 to 0.36.

Posted by bavos > 2016-08-19 12:00 | Report Abuse

1Q to judge that company is not doing well is not enough , haha but price drop some more will be favour able to people looking to buy :) , key telltales sign to see if the company's is doing badly is its gross profit margin and its amount of cashflow it can produce . In fact q1 2016 cashflow is so much higher than q1 2015, it could be a lot of prepayments from customers , but co yet to book its revenue or profits yet... If q1 2016 cashflow is indeed much Lower than q1 2015 , then investors should be wary. Value investors emphasize on cashflow generations instead of profits in the long term. Read Amazon's chairman statement in annual report over the years will definitely gain more insight for everyone here. In fact Amazon gross margin is razor thin. After reading , read opensys chairman statement , u all can generally sense the probable prospects , it may not be accurate always , but u can generally feel where the company is heading .

Posted by LKOH > 2016-08-19 12:03 | Report Abuse

Convicted and committed investors should stay the course...when price goes down, a lot of people will becomes negative... anyone in doubt should drive around in his or her vicinity and visit Hong Leong, Maybank and Public Bank and count how many OKI CRM are installed...one machine assumed 50k. If assume 300 machines installed, it is 15 million. If the machine is more than 50k and no of machines is more, then it is more than 15 millions...

Posted by Kang Yang Lai > 2016-08-19 12:24 | Report Abuse

@iloveshare128 the reason to upgrade the ATM machine to 2-in1 together with the deposit machine has its advantages. I saw in PBB personally that - although there is a lot of ATM machine but most of it run out of cash...so to have d 2in1 machine, it saves the day and manage to "recycle" on it's own. it saves a lot of manpower effort from the bank's perspective especially over the weekend! i see the importance of bank upgrading those machine real soon...jt my personal observation TQ

Posted by jinvest > 2016-08-19 12:26 | Report Abuse

Few cents gain with huge volume to create panic.

Posted by iloveshare128 > 2016-08-19 12:31 | Report Abuse

we all acknowledge that the growth is there.. but may have been over-exaggerated by analysts... moreover, at current share price, PE is too high and P/BV is too high...

Posted by iloveshare128 > 2016-08-19 12:34 | Report Abuse

future EPS growth is not in-line with the adjusted PE ratio in future... even if the EPS double in future, PE is still more than 10... but do you think their EPS will double in these few years? 2015 was their best year (because many customers bought before GST implementation)... and EPS was only 2.61... you think they can achive more than 4 sen EPS in these few years? think twice...

Posted by Kkevin2625 > 2016-08-19 12:37 | Report Abuse

just wait to see how this QR perfomance, 观望first :D

Posted by Kheekong2001 > 2016-08-19 12:39 | Report Abuse

Big guy still waiting the seller..

Posted by iloveshare128 > 2016-08-19 12:44 | Report Abuse

Kang Yang Lai.. i am aware of what you mentioned above... unfortunately in Malaysia's culture, if you dont see the machine break down and totally cannot be repaired, you won;t see replacement of new machines... but dun forget one thing... more ppl use ATM than cash deposit machine.. having said so, more cash is taken out and less cash deposited.. so 2in1 machine will still run out of cash... (maybe only in shopping malls, many shop owners deposit the money into the machines, then we can see these places will need this 2-in1 machine).. other bank branches.. it will only cause much longer queue (due to cash deposit activities - a lot of rejects of notes)

Posted by Kinz > 2016-08-19 12:48 | Report Abuse

i wondering today T+7 ? not really know to count margin thing .
Just wait for QR next Thursday .
The company not just CRM , they got others machine also .

Posted by iloveshare128 > 2016-08-19 12:55 | Report Abuse

let's wait for next QR and see then.. haha...

Posted by bavos > 2016-08-19 13:02 | Report Abuse

Iloveshare128 , u are too engrossed with price/book value , modern investors focus on earnings power / cashflow generation

Posted by casperl > 2016-08-19 14:22 | Report Abuse

:( one day only...cannot chase high.... sien...

Posted by Zoom > 2016-08-19 16:27 | Report Abuse

just sell 1st... dont catch the falling knife

Posted by geary > 2016-08-20 12:28 | Report Abuse

Company EPS are always not very clear n can be manipulated. As value investors we shuld analysis more d Cash flow n d Free Cash Flow to estimate or calculate d risk or calculated risks, before investing in a particular company. Net Earning or profit growth plus Cash Flow growth of at least 5 years. Using d PEG is d most practical way to find out d fair value, if u want to invest in more than 100 companies. Gd weekends!

Posted by Kyou > 2016-08-22 09:43 | Report Abuse

Drop again..-.-

Posted by iloveshare128 > 2016-08-22 10:05 | Report Abuse

well said geary.. and in this case, Opensys PE ratio is too high... which I think recent hike was manipulated... it should trade at below 30sen which correlates well with its PE...

Posted by Kang Yang Lai > 2016-08-22 11:19 | Report Abuse

expecting a bad QR this week?

Posted by pineprofit > 2016-08-23 18:56 | Report Abuse

Yes drop to 20 sen

Posted by wongchin > 2016-08-23 23:02 | Report Abuse

Lets be realistic. It wont drop till 20sen. And qr if loss also will be v small. Bt i still perdict profit qr bt might nt be that superb only. Thats my own analysis only. Trade cautiously as this counter has risen too fast.

Posted by bavos > 2016-08-24 00:23 | Report Abuse

Drop below 28 sen I will be happy to scoop more shares from weak holders , :)

Posted by NorthernStar > 2016-08-24 15:48 | Report Abuse

bavos, I will follow you. :)

Posted by pputeh > 2016-08-25 12:52 | Report Abuse

Agreed went up too fast. But collecting opportunity. Went to my local Maybk today in Ipoh. Had a new ATM machine. OKI. used it to try out. Fast and efficient. Better than the old ones. Looks like Maybk slowly moving to OKI machines. Will benefit Opensys

Posted by iloveshare128 > 2016-08-25 16:05 | Report Abuse

it should be trading around 26-28sen at most... the growth is there but has been over-exaggerated... i expect slow growth as banks normally don't change the machines unless they are totally not repairable... afterall, they may be getting complaints from ATM users as well as they will need to wait for those who deposit money (even worse if the amount to deposit is large)... we all had the same bad experience doing cash deposit... it is time consuming and reject rate for cash is high!...

Posted by member41 > 2016-08-25 18:20 | Report Abuse

Profit up 53%

Posted by hissyu2 > 2016-08-25 18:37 | Report Abuse

not sure if it is a good or bad quarter... CRM margin is 50% lower than software...

Posted by born2bking > 2016-08-25 19:13 | Report Abuse

good revenue.. profit no good