OPENSYS (M) BHD

KLSE (MYR): OPENSYS (0040)

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Last Price

0.36

Today's Change

-0.005 (1.37%)

Day's Change

0.36 - 0.365

Trading Volume

897,400


7 people like this.

6,008 comment(s). Last comment by OptionOracle 2 days ago

Posted by Awangtoklah > 2016-11-09 18:30 | Report Abuse

Worry la because I already get 3 cents profit on paper but decided to hold coz I think it can go higher

leelc70

402 posts

Posted by leelc70 > 2016-11-10 08:58 | Report Abuse

yesterday the price is yoyo but managed to close flat, wonder today it will further surge

lloydlim

3,971 posts

Posted by lloydlim > 2016-11-11 13:19 | Report Abuse

Time to hold!

CKInvest

162 posts

Posted by CKInvest > 2016-11-11 15:32 | Report Abuse

Waiting to collect dividend again in Q1 2017. Fintech opportunities abundant and if tapped by Opensys...will fly. More and more banks uses OKI....cheap, good, world class, and recycle cash.

Posted by Kang Yang Lai > 2016-11-11 16:26 | Report Abuse

agreed...it's a no brainer that cash should b recycled and Opensys provided jt the right tools for banks across malaysia.

Kkevin2625

256 posts

Posted by Kkevin2625 > 2016-11-11 20:33 | Report Abuse

big chance transfer to mainboard next year???

RainT

8,448 posts

Posted by RainT > 2016-11-13 23:00 | Report Abuse

Now all use internet banking
Soon or later this co will be obsolete and loss making ....sell now !!!

Bizfuneng

883 posts

Posted by Bizfuneng > 2016-11-14 07:55 | Report Abuse

True to a certain extend. Many retail businessmen still hv to bank in cash collection daily. Still nid to draw physical cash that people still nids to pay for purchases in our retail outlets always daily.

hankc

182 posts

Posted by hankc > 2016-11-14 10:36 | Report Abuse

The business is sustainable for the next 5 years, but this is as good as it gonna get for we're a small country geographically. This company is not going to grow to the size of half a billion unless it opens up another source of income in the financial sector.

k3nthiew

518 posts

Posted by k3nthiew > 2016-11-14 11:17 | Report Abuse

Anyone know where d 5 units of CRM on CIMB placed?

bracoli

2,579 posts

Posted by bracoli > 2016-11-15 17:01 | Report Abuse

lastly pushed. thats my baby

Alan Lam

31 posts

Posted by Alan Lam > 2016-11-15 18:56 | Report Abuse

come on come on baby

Alan Lam

31 posts

Posted by Alan Lam > 2016-11-15 18:57 | Report Abuse

uptrend i think

Posted by iloveshare128 > 2016-11-16 12:46 | Report Abuse

everyone here is so confident with Opensys after ColdEye openly recommended it.. haha..
http://www.chinapress.com.my/?p=834459

Posted by iloveshare128 > 2016-11-16 12:48 | Report Abuse

anyone here used cash deposit machine before?
how long did you take to get all your cash notes accepted by the machine? what is the reject rate?
imagine if those who want to use ATM to withdraw money have to wait for the guys in front to deposit cash (with the repeated insertion of cash notes due to rejection)... how long the queue will be?

Posted by iloveshare128 > 2016-11-16 12:48 | Report Abuse

ColdEye: ok, these 30 stocks I have collected enough, time to "give tips" to the public....

Posted by iloveshare128 > 2016-11-16 12:48 | Report Abuse

you see it now?

Posted by Kang Yang Lai > 2016-11-16 15:56 | Report Abuse

so fast profit taking ...QR is out soon

Posted by limkienboon > 2016-11-21 23:00 | Report Abuse

要上到 45

Posted by limkienboon > 2016-11-21 23:01 | Report Abuse

hihi

Posted by Kang Yang Lai > 2016-11-24 10:38 | Report Abuse

been dropping in d past 3 days...expecting a bad QR?

newbird33

177 posts

Posted by newbird33 > 2016-11-24 10:44 | Report Abuse

The cash recycling machine in China can take 100 pieces one go. Note with folded angle will be rejected. My experience of reject rate is about 2%.

Op3rs

397 posts

Posted by Op3rs > 2016-11-24 12:43 | Report Abuse

Revenue up 87%, profit before tax still same, reason due to forex. Just enough to hold his ground i guess

mike90

203 posts

Posted by mike90 > 2016-11-24 13:59 | Report Abuse

Weak result, better take profit.

kentg03

971 posts

Posted by kentg03 > 2016-11-24 14:12 | Report Abuse

alot ppl in sell queue

Olga

773 posts

Posted by Olga > 2016-11-24 14:16 | Report Abuse

poor margins.. high cost..

Olga

773 posts

Posted by Olga > 2016-11-24 14:16 | Report Abuse

Sad for my old friend opensys.. bad timing..

kentg03

971 posts

Posted by kentg03 > 2016-11-24 14:18 | Report Abuse

revenue so high also no use, profit so little. i guess later will drop to 0.38

kentg03

971 posts

Posted by kentg03 > 2016-11-24 14:31 | Report Abuse

0.365! duno cold eye got dump his share or not

Rf888

551 posts

Posted by Rf888 > 2016-11-24 14:34 | Report Abuse

Bad qt result

sell

2,456 posts

Posted by sell > 2016-11-24 14:38 | Report Abuse

Better sell. TP below 30 sen.

Olga

773 posts

Posted by Olga > 2016-11-24 14:51 | Report Abuse

lol.. not so bad lar.. i think a bit more than 0.30 ok lar..

Posted by Kang Yang Lai > 2016-11-24 15:01 | Report Abuse

is not very bad result but average. why need to dump so fast? haha...it'll appreciated over time.

Olga

773 posts

Posted by Olga > 2016-11-24 15:03 | Report Abuse

if kyy's golden rule is true.. thats why..

Olga

773 posts

Posted by Olga > 2016-11-24 15:08 | Report Abuse

if next qoq revenue as good as this qoq, earnings about the same..
PE x15 = 0.31 - 0.32

Olga

773 posts

Posted by Olga > 2016-11-24 15:17 | Report Abuse

when coldeye said it is a growth stock i believed him.. the growth is so good.. then there is a catch.. hehe

ezobear

474 posts

Posted by ezobear > 2016-11-24 15:31 | Report Abuse

Current trend is going for the cashless or cash less society. Further more, so many banks are closing down the branches nationwide, The ATM business should not grow too rapidly ....

optimus9199

2,794 posts

Posted by optimus9199 > 2016-11-24 15:37 | Report Abuse

i think this results are not too bad, still comparable, in fact , revenue increased by abt 100% vs previous year's.

digidigi

103 posts

Posted by digidigi > 2016-11-24 15:38 | Report Abuse

KYY said if this year earn less than last year, then sell!

Olga

773 posts

Posted by Olga > 2016-11-24 15:45 | Report Abuse

digidigi Like 1

Posted by Alex Lim Jun Xiong > 2016-11-24 17:20 | Report Abuse

Cut loss already, haiz.
I though eps can above 1 cent, mana tau company cost management is not good.

Alex Chong

712 posts

Posted by Alex Chong > 2016-11-24 17:23 | Report Abuse

If you plan to buy more, wait after "Italeave" poll and FED interest rate hike next month. All counters sure have BIG year end offer.

ezobear

474 posts

Posted by ezobear > 2016-11-24 17:32 | Report Abuse

BNM is pushing hard for cashless transaction due to high cost incurred for the physical money printing & sustaining. Opensys is a good company but their business model is against the Mega trend.

Olga

773 posts

Posted by Olga > 2016-11-24 18:28 | Report Abuse

A lot of people bought at the recent correction.. before this was around 0.30.. then came grandpine etc.. all promoting.. the price skyrocketed.. those who did not take profit missed out.. n still missing.. those who chased are burnt.. those who still don't get out will burn IF current support level breaks.. the selling will be greater once supoort level is broken.. but i can always be wrong.. mr market is the king..

Posted by mastertrader > 2016-11-24 19:56 | Report Abuse

better sell now..run before going down to 0.30 sen

Kinz

141 posts

Posted by Kinz > 2016-11-24 22:05 | Report Abuse

haha , Jpn yen (cost ) vs Myr ringgit ... should blam ringgit drop so many

Posted by iloveshare128 > 2016-11-25 09:34 | Report Abuse

let me list out what the problems with Opensys are:
1) Overpriced - very high PE, annualized EPS around 2 sen, at current price, PE is about 18. extremely expensive for small cap like Opensys
2) Again, overpriced - use EV/EBIT. since the cash is about same as borrowing, there isnt any net cash. so EV/EBIT (enterprise multiple) is also very high.
3) Too much expectation on earning growth - many investors feel that Opensys is growing at a very fast pace. Unfortunately, its growth in revenue is moderate but the net profit is impacted by weak Ringgit
4) ColdEye effect is gone - when Cold Eye started to recommend this share, he probably already bought enough for himself around 20+ sen i guess or even lower! If he has not collected enough, do you think he will publicly asked you to buy? He sure wants to collect at lower price before it shoots up. So he is waiting for his diehard fans to help push the price up so he can look for chance to sell.
5) Change of ATM to CRM may not be as smooth - pls note that most of the banks will only consider changing their ATMs when they can no longer be repaired. You are still seeing many very old ATMs in our countries and banks are still using it to save capex. And even if banks are replacing old ATMs, there is no guarantee they will change to CRM as the cost is high and there is complaint about long queue for ATM users to wait for cash deposit users. Imagine yourself, if you are to withdraw money from ATM, in front of you there are 10 ppl who are depositing money.. will you go crazy?

Posted by iloveshare128 > 2016-11-25 09:35 | Report Abuse

oh ya.. i forgot about P/BV for valuation:

6) NTA = 0.155, price = RM0.36. P/BV = 2,32!!! much higher that 1.5 (so again, very much overpriced).

Posted by iloveshare128 > 2016-11-25 09:36 | Report Abuse

no wonder the selling is so heavy with the poor result released yesterday.

leelc70

402 posts

Posted by leelc70 > 2016-11-25 10:14 | Report Abuse

i read the the first person who shared coldeye article after his launcing in i3, he recorded down briefly; cold eye mentioned the fundemental of company is good and still in growing, consistant div paid out but a bit pricy at current price (that time was 0.35) before somebody goreng to lately 0.415. so dont simply defame people.

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