sorry bro....i've take my $5K profit and jumped ship.....i don't think this BV guy gonna push for time being. Don't get me wrong I will be back if it shows good sign meanwhile I rather go elsewhere. I've learned not to waste too much time in one single stocks. I have been holding some overseas stocks for 4 years and counting and kinda understand how it feels like. So far my venture here since 4th Qtr last year is actually not that bad. Made a near 6 figure gains hitting & running strategy for almost 10 months. Yes, got hit in MAC too but almost fully recovered now. Good luck to you bro! :)
Hallo guy n gals....time to take profit for short term trade. Syndicates are distributing out. For longer term investors, good to hold on as its valuation still attractive in term of PE (15x), dividend yield (3%) and ROE (15%). I still think it is a potential stock given its recurring income in nature. We are still in cash and cheque economy.
i sold all at 0.63 (not a great price) but it's ok i don't like holding positions (especially speculative hyped up stocks) thru weekends anyway (unless necessary/or some exceptional case)
ha ha ha, gpacket also got great digital product too and many other companies also got. The prospect of this company that justify its pricing now is yet to be determined, however , the justification for the pricing now is Mr.B effect. The story goes like this, once upon a time, ifcamsc......
(Kuala Lumpur, May 17): Brahmal Vasudevan, founder and CEO of private equity firm Creador, increased his shareholding in OpenSys (M) Bhd to 7.05%, causing the stock to fall 6.62% this morning. As of 10:18 in the morning, the stock narrowed some of its losses, falling 4 sen or 5.88% to 64 sen, with a market value of RM19.363 million.
The trading volume was approximately 45.33 million shares, far exceeding its 200-day average trading volume of 4.1 million shares. Since the beginning of the year, the stock has risen 73% from 37 cents before.
According to the statement, Brahmal acquired 4.75 million shares or 1.59% shares of OpenSys through the open market on June 12, 2020, and increased its shareholding to 6.56% or 19.55 million shares before becoming a major shareholder of the company.
After that, he indirectly acquired 1.45 million new shares, increasing his shareholding to 7.05% or 21 million shares, including 0.671% direct equity and holding 6.378 directly through Alaka Holdings Ltd, a company incorporated in the British Virgin Islands with which he is associated. % Equity.
As of the first quarter of the end of March this year, Opensys' net profit increased by 8.96% to RM1.67 million, compared with RM1.53 million in the same period last year, and its turnover rose by 16.89% to RM17.23 million, which was previously reported at RM14.74 million.
The company attributed the higher revenue to the higher income from the introduction of the cash recycling machine and the upgrade of the Windows 10 platform.
The company also announced that it will pay a second interim dividend of 0.25 cents per share for the fiscal year ending December of this year (FY 2020), which will be paid on July 13. The Edge.
A forward looking counter for mid & long term investor. OpenSys has been trading above its upward sloping 20-Day Moving Average, which is a very good sign. Shall continue to fly in coming week.
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....
OrionIXL
286 posts
Posted by OrionIXL > 2020-06-18 08:51 | Report Abuse
That guy bought.. Each time at least X3 onky he ran la.. Scare wat. Now jus beginning