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

isaachans

65 posts

Posted by isaachans > 2020-06-10 14:12 | Report Abuse

@ashmira, thanks for your insight. im a newbie here so panic is real. guess there's no choice but to wait and see how it goes. Hoping that it'll do good

Posted by rahmat13 > 2020-06-10 15:18 | Report Abuse

same like me @asmhira entry price at 0.365 about 1 month ago..but i stand with good FA..this is my longterm counter...good prospect...

Jason1002

35 posts

Posted by Jason1002 > 2020-06-10 16:15 | Report Abuse

@ asmhira, same to me too. My entry price is 0.377 and fpgroup with 0.855. But currently fpgroup still don't want fly

ashmira

330 posts

Posted by ashmira > 2020-06-10 19:47 | Report Abuse

Actually i'm more prefer go uptrend like fpgroup, slowly and stable. >_<. So easily can build support level. If go up fast. My support become further away. Example open sys. support is 0.455. If break that 0.455 i will definitely take my profit first. But how much profit i will lose from 0.565 to 0.455. If i take now i can walk away with 57.33% profits. if 0.455 is 26% profit. I will see the situations these 2 days.

ashmira

330 posts

Posted by ashmira > 2020-06-10 20:01 | Report Abuse

When price goes up i will set a new ATR Trailing Stop. So my new ATR Trailing Stop is 0.52. If reach 0.52. Might be will sell half first. bought back this half if goes near 0.455.

Gooner82

692 posts

Posted by Gooner82 > 2020-06-10 22:43 | Report Abuse

Hopefully tomorrow will test the next resistance at 0.61c

edwardkuah

295 posts

Posted by edwardkuah > 2020-06-10 22:53 | Report Abuse

should i hold?

Solomon7

370 posts

Posted by Solomon7 > 2020-06-10 23:48 | Report Abuse

Believe Vs faith

ashmira

330 posts

Posted by ashmira > 2020-06-11 09:26 | Report Abuse

Well this stocks a bit slow. It's try to build a new support. As long above 0.525 still ok. I do believe with this company growth and business.

M3T0123

40 posts

Posted by M3T0123 > 2020-06-11 10:18 | Report Abuse

Hi ashmira, just curious, we should not be bothered with share price movement if you have faith in the company growth and business if we understood the company and business well enough.
Why don't we focus on the fiscal growth of 4 streams of their business:

- CRM deployment in the major banks(already 3900units, how much more they can sell to major banks in the next 2-3 years)
- Mobile kiosk in LRT/MRTs, those machines are already commonly found and installed by other company or its competitors(how Opensys can outstand those products compared to competitor markets)
- Again, buySolar, BOTF and SmartCIT are those yet to be materialized except buysolar. As guided by Rakuten, these software will contribute 30% earning over 3-5 years. Based on 11m earning(2019AR), 3.3m earning over 5 years and is it sound figure that Opensys can achieve so far or still in doubt.


Another notable point, Rakuten had advised that there will be record earning for FY20/21, why there is no intention for Opensys to apply for main board transfer, to attract more fund manager's appetite, perhaps yet another milestone to achieve.

BullRun_93

1,374 posts

Posted by BullRun_93 > 2020-06-11 10:18 | Report Abuse

HOLD!! :))

@edwardkuah should i hold?
10/06/2020 10:53 PM

ashmira

330 posts

Posted by ashmira > 2020-06-11 10:34 | Report Abuse

@M3T0123 agree with you. We should not bother with price movement much actually. I do believe with this company and hold it till now. But definitely we always want to optimize our profits. :P. Buy low sell high. and secure some profit first if possible. That what i do every morning, set stop lost stock that i purchased. and go to work. Lesson learn during market crash last time. >_<.

M3T0123

40 posts

Posted by M3T0123 > 2020-06-11 10:43 | Report Abuse

Hi Ashmira, understood rule 101 of investing is to earn money. However, the reason that i would like to find out more on this digitized company on their 4 streams of business and how do that streams of business could contribute for the years to come or any red flags fundamentally.
It will always be best company to have transparent on guidelines or shed some light on their management goals i.e. to achieve 1B goal in coming years and we will verify them on each quarter to see if they can deliver as such and if yes, this is management or company we are looking to long with.
Honest speaking, i am struggling to find more info on this company business for me to understand more and yet i am still learning. That's why looking forward to AGM to listen on how management guided the years to come.
Thanks, ashmira.

BullRun_93

1,374 posts

Posted by BullRun_93 > 2020-06-11 10:44 | Report Abuse

some sofisticated investor can see stop loss price and manipulate market by triggering all stops and push it back up so they end up taking your shares and you losing money........quite rare but they know your stop loss price

@ashmira @M3T0123 set stop lost stock that i purchased. and go to work. Lesson learn during market crash last time. >_<.
11/06/2020 10:34 AM

ashmira

330 posts

Posted by ashmira > 2020-06-11 10:53 | Report Abuse

@BullRun_93. I know. Crossfinger. Peoples will TA skills wiill know when see the charts where is the stop loss. >_< haha. But yeah i still hold another half if trigger. >_<.

ashmira

330 posts

Posted by ashmira > 2020-06-11 10:54 | Report Abuse

@M3T0123 Yes, im also looking for next AGM what is their goal, milestones and directions.

BullRun_93

1,374 posts

Posted by BullRun_93 > 2020-06-11 14:51 | Report Abuse

Broke thru....now what? sell or buy more?

@ashmira As long above 0.525 still ok.
11/06/2020 9:26 AM

BullRun_93

1,374 posts

Posted by BullRun_93 > 2020-06-11 14:57 | Report Abuse

3 months chart EMA50 points to $0.49.......all hell breaking loose.....next week contra loss will be piling sky high

BullRun_93

1,374 posts

Posted by BullRun_93 > 2020-06-11 14:58 | Report Abuse

run fast or get slaughtered

BullRun_93

1,374 posts

Posted by BullRun_93 > 2020-06-11 15:00 | Report Abuse

KLCI down 21 points awhile ago......jeng! jeng! jeng! hard to decide :P

ashmira

330 posts

Posted by ashmira > 2020-06-11 16:37 | Report Abuse

i already sell half at 0.545. Market now almost reach 1600++. Very hard to decice as Its correction time. I'll wait 0.465 to re-enter another half or wait end of tomorrow.

ashmira

330 posts

Posted by ashmira > 2020-06-11 17:08 | Report Abuse

Plus US futures market damn high drop today.

gelong

1,737 posts

Posted by gelong > 2020-06-11 21:31 | Report Abuse

Bloody good stock, every year kasi dividend Tarak kudukut

BullRun_93

1,374 posts

Posted by BullRun_93 > 2020-06-11 21:48 | Report Abuse

less than 1% lu pun mau kah....aiyoh

@gelong Bloody good stock, every year kasi dividend Tarak kudukut
11/06/2020 9:31 PM

gelong

1,737 posts

Posted by gelong > 2020-06-11 22:28 | Report Abuse

Ahak ahak

gelong

1,737 posts

Posted by gelong > 2020-06-12 09:26 | Report Abuse

Aiyoh, target price 7 kupang, Tarak kudukut

gelong

1,737 posts

Posted by gelong > 2020-06-12 09:26 | Report Abuse

Kikiki

BullRun_93

1,374 posts

Posted by BullRun_93 > 2020-06-12 09:34 | Report Abuse

target 4 kupang

gelong

1,737 posts

Posted by gelong > 2020-06-12 09:38 | Report Abuse

Open open

gelong

1,737 posts

Posted by gelong > 2020-06-12 09:56 | Report Abuse

Chanteek

ashmira

330 posts

Posted by ashmira > 2020-06-12 10:31 | Report Abuse

Gogogo. Got collect another half at 0.48. Ok la. Try to match 0.465 cannot.

amateurJR

2,366 posts

Posted by amateurJR > 2020-06-12 11:58 | Report Abuse

Steady counter. This stock is for holding. Very undervalue compared to Revenue & GHL if it enters into merchant acquiring biz. Waiting for its E-Payment kiosk!

ashmira

330 posts

Posted by ashmira > 2020-06-12 12:36 | Report Abuse

Yeah. My average right now is 0.4175 since add another half at 0.48 ><. Will hold longer until reach 0.7. But still if drop below 0.4 i will sell.

gelong

1,737 posts

Posted by gelong > 2020-06-12 12:38 | Report Abuse

Tarak kudukut punya, ahak

moneyfind

244 posts

Posted by moneyfind > 2020-06-13 16:15 | Report Abuse

I hold this stock since 6 may...the article is very good but not interesting to read..
Too much banking info & knowledge..
Hard to understand..
So it will attract only potential investor instead kangaroo trader.

Posted by GuShen2020 > 2020-06-13 18:12 | Report Abuse

With the conservative calculation of intrinsic value from Choivo Capital, adjusted TPs are:
for CRM alone - TP 0.70 (same as Rakuten)
BOTF, SmartCIT & White Label Kiosks - TP 0.90
buySolar - TP > 1.00 (no more penny stock!!!)
OpenSys' share price is trending upward!!!

Posted by GuShen2020 > 2020-06-13 18:16 | Report Abuse

下周更加精彩!!!

Posted by WO5793JBV > 2020-06-13 18:32 | Report Abuse

Huat ah!!!!

gelong

1,737 posts

Posted by gelong > 2020-06-14 08:56 | Report Abuse

Tarak kudukut

Posted by Kon Lim Chai > 2020-06-14 23:10 | Report Abuse

last bonus issue 5 years ago. due for another one.

M3T0123

40 posts

Posted by M3T0123 > 2020-06-15 18:13 | Report Abuse

surprised to see..added another prominent investor in the cart..Mr. Brahmal….

moneyfind

244 posts

Posted by moneyfind > 2020-06-15 20:46 | Report Abuse

Ada brahmal ada profit

CoolJay

831 posts

Posted by CoolJay > 2020-06-15 21:33 | Report Abuse

Correction incoming

moneyfind

244 posts

Posted by moneyfind > 2020-06-15 23:21 | Report Abuse

Follow brahmal short term confirm untung..potential investor.

noobbie

1,122 posts

Posted by noobbie > 2020-06-16 09:52 | Report Abuse

lets fly to the moon my friends

King

60 posts

Posted by King > 2020-06-16 10:41 | Report Abuse

bought yesterday, take profit today.

Posted by liankai95 > 2020-06-16 10:51 | Report Abuse

How to follow MR BRAHMAL VASUDEVAN? any links?

moneyfind

244 posts

Posted by moneyfind > 2020-06-16 12:42 | Report Abuse

Follow my telegram..kasi ramai org..haha

Posted by dollardollarbill > 2020-06-16 15:18 | Report Abuse

Brahmal should be still buying?

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