The process to eliminate those who bought shares...to get dividend (ex date 11/12/20)... thereafter one can expect splendor... despite price been cemented, for a long period of time.
Have entered OpenSys @ 0.55 for the following fundamental reasons 1) Trading below fair value of roughly 72cents (Which is more than 20%) 2) Decent increase of revenue growth since 2014 with pretty decent profit margins at around 12.2% (even higher than previous year of 9.2%) 3) Reduced dividend payout by halve this year but the capital gain has gained way more than the yield of dividend thus healthier cashflow / debt-equity %
Technical analysis 1) Way oversold 2) 0.55 is a very decent support since the previous support has been broken due to high level of selling pressure / profit taking
Risk and reward is to cut if 0.55 fails to hold (2bids) vs potential reward of TP at fair value of at least 0.70.
Feel free to look at my analysis way back for MyEG + MTouche which have already gotten over 100% ROI.
@CoolJay, there's 2 options for you 1) Either average down thus making your breakeven earlier and get out during rally. 2) Be very strict about your cut loss if it breaks 0.55 because none of us know how much further it will dip.
Why can hold Opensys for long term? Because this companies which have been listed for at least 10 years and reported positive profits for 40 consecutive quarters.
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....
CoolJay
831 posts
Posted by CoolJay > 2020-12-14 12:14 | Report Abuse
@johotin88 dunno this broke the triangle dy or not.. either will go all the way down or up.. i think brahmal disposed all today.. eod will know