After 1 for 2 bonus (ex date 12/10/20), current price of 50.5 sen is still a very good price to sell. This price is equivalent to about 75 sen before bonus. Current PE is 20x, and I think is very expensive! They are trying to diversify into other biz due to limited potential in current core revenue contributors. I believe they are not getting the desired results from their new biz. With Buysolar, they are lucky if they can breakeven. This diversification should be read as diworsefication (from the word worse)!
Tan Yu Yeh (net worth $1.7B), the founder of Mr DIY is the 4th largest shareholder of OpenSys. 0.475 is a good buy for such a good fundamental tech company with potential growth in many of their own software solutions/products & services.
Top 25 shareholders own 46.66% of the company Kee Chung Tan 21.27% Alaka Holdings Ltd 3.78% Hong Soon Chee 2.76% Yu Yeh Tan 2.39% Wan Chong Haw 2.04% Hee Hian Tune 1.78% Lea Cheong Koh 1.76% Swee Keah Lim 1.57% Tan Gaik Keow 1.49% Siew Tee Goh 1.19% AMMB Holdings Bhd, Asset Management Arm 0.87% Heng Lee Cheng 0.8% Kooi Fui Lim 0.73% Kok Cheng Tham 0.61% Yu Wei Tan 0.52% Low Suet Cheng 0.47% Sor Pow Soong 0.37% Yoke Wai Leong 0.35% AIIMAN Asset Management Sdn. Bhd. 0.35% Cekd Venture Sdn Bhd 0.33% Hung Yew Tong 0.32% Chien Yee Chung 0.31% Eng Hooi Tan 0.3% James Stewart 0.18% Brahmal Vasudevan 0.12%
Mr DIY buying, and Mr "OpenSys" selling. 2020 was a fantastic year! Price moved from about 30 sen to RM1.30. Now is 43 sen, about 65 sen on cum basis. Volume peaked at 150 million shares in a day. Average volume for the past 1 month is about 2 million shares. Who is smarter? Mr DIY or Mr "OpenSys"?
Companies that provide Payment solutions/services (current PE ratio & its stock price): 1. GHLSYS(Main market) PE 242x, last price: RM1.75 Note: BV sold at RM1.00, reinvested when the stock price climbed up to RM1.70(paying 70% premium for re-entry) 2. REVENUE(Ace market) PE103x, Last price: RM1.93 OPENSYS current PE is only 16x; for PE of 103x(REVENUE), the price should be RM2.90 For PE of 242x(GHLSYS), the price should be RM6.80
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....
5 minute show
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Posted by 5 minute show > 2021-04-30 11:23 | Report Abuse
Walao my kuku bird... Argh... Knn really beh tahan.... Keksi.... ^_^ (wang li)