i just base on the first people who share his record at i3 which i not attending cold eye's launching. Coldeye counter sellection based on business, as the company is growing (which will lower the PE later), fundemental good (product demand is there), consistant div, good ROE (i think normally about 10% and above). How Mr Market to decide the price he can not control, but if the price offer crazy high by mr market, i think cold eye also will sell to Mr Market just like you and me. The best part of how you judge at what price you want to sell? do your homework. Cold eye also can not tell you what price is the best selling price, it involve your personal value, your time horizon, risk appetitde, your expeted return and so on.
Cold eye recommended this company for us to look into not buy same to all other company he recommended, he state clearly that "i not recommend you to buy buy have a look"
Exactly. Why can't someone recommend good company although it's not cheap? Some more cold eyes did mention it's not cheap. You can just keep it into your watchlist and buy it when it's price become undervalued. Don't always think that other's intention to share good business is bad. Think of what you can learn from them together with your own homework/analysis.
the company's fundemental still intact, over-correction from punter emotion. Believe their business growing (even not a robust way), like their consistent dividend payout
CRM business just one time business. Yes, they can sustain come via maintenance contract but the revenue not as high as new CRM. down trend is coming unless they found new business model
Banana John... i think the main problem with Opensys is - the revenue growth is not attractive, but the net profit has been badly impacted by the weakened MYR vs YEN... revenue grow a bit, but net profit drop a lot due to weak MYR currency... profit margin is an issue... the increase of CRM sales is not that promising if you look at the current market... many banks do not want to change to CRM due to various reasons i mentioned above... so i think it is good to watch this share but only buy when it drop a lot... KIV first.... now too expensive..
When the cold eye news come out , big sharks started offloading this share , some more currency depreciation & Fed will hike interest rate next month , will see it drop below 0.25 soon !
This company has strong management with some of the board members from ex-NCR Every quarter the PBT & PAT are all positive, not even one quarter is negative. It pays consistent dividends twice a year - for every 100k shares, you get $500 x 2....how nice.
I have been holding this share purchased at RM0.08 since 2010....happily conllecting dividends and bonus share recently.....It is meant for long term holding.....somewhat recession proof.
The margins are small....but recurring and steady income. Looks like it's heading to its IPO listing price soon as its OKI business clientele expands....The money is not in the OKI machines sold but the software solutions & maintenance for these OKI machines which is recurring. They are also into clouds solutions.
was at a PB branch yesterday, a lot of ppl queuing up for ATM but no cash is available apart from the few OKI machines. In fact PB had upgraded quite a bit of OKI machine at few of their branches here, more order to come for Opensys...
Name MR TAN KEE CHUNG Descriptions(Class & nominal value) Ordinary Shares of RM0.10 each Details of changes
Currency: Malaysian Ringgit (MYR)
Type of transaction Date of change No of securities Price Transacted ($$) Disposed 12/01/2017 320,000 0.370 Disposed 12/01/2017 219,122 0.380 Disposed 12/01/2017 319,000 0.375 Disposed 12/01/2017 214,333 0.380 Acquired 12/01/2017 219,122 0.380 Acquired 12/01/2017 214,333 0.380
Circumstances by reason of which change has occurred Acquisition & Disposal (Indirect Interest) of Shares Nature of interest Direct & Indirect Consideration (if any) Total no of securities after change
Direct (units) 63,355,095 Direct (%) 21.268 Indirect/deemed interest (units) 0 Indirect/deemed interest (%) 0.000 Date of notice 17/01/2017
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....
iloveshare128
825 posts
Posted by iloveshare128 > 2016-11-25 10:50 | Report Abuse
Did Cold Eye mention it is about pricey at 0.35?