After IPO listing chase to a high of 1.66 . slowly retraced back to current levels 87-90. If next Qtr result is good expect more upward projections. This stock currently trading at their low end. 1.66 {high } drop to 90 . This is a chip design company
Small home grown chip design manufacturing. Established in 2014 started as a contract manufacturing for MNC. Ng, Cheah and Tan are the founders with years of expertise & experience in semi conductor. OPPSTAR specialise in upstream design & development. Reproduced part of the BFM radio broadcast. Recently opened branch office{s} in Shangai, China and Japan. Not a buy call please do your own research before you buy or invest
If based on forward eps 2 x 30 per , the fair value only 0.60 , today closing 0.855 , think about that .......... ---------- unquote -------- Today closing 0.795 !!!
i am looking at revenue versus gross profit for now as this is growing company and they have expanded overseas with more HC and spending, thus it will take time to achieve profitability again.
Yes.kenanga write up not through on their analysis. Suspect the just pluck and paste from whatever sources available. Good investment team needs to meet up with Management and their feedback on what's happening
If based on forward eps 2 x 30 per , the fair value only 0.60 , today closing 0.855 , think about that .......... ---------- unquote -------- Today closing 0.795 !!! -------- unquote ------ Today closing 0.67 !!!
Oppstar's new semiconductor wafer and component sales segment outperformed its IC design and post-silicon validation services segment, contributing RM11.67 million (53.76%) of the Group's total revenue in the last quarter. - Oppstar Second Quarter Ended 30 Sep 2024 financial report
If this new business segment can secure long-term works with customers and the foundry (Samsung), generating recurrent revenue, it would be a positive development.
OPSTAR recognises the limitations of a growth model based solely on increasing headcount and aims to pursue a more recurring and less "brute force" approach. The CEO acknowledges that relying solely on engineer headcount for revenue generation is not a scalable solution. Instead, the company wants to focus on adding value and implementing innovative strategies that yield higher returns. This is exemplified by their partnership with Samsung Electronics, which opens doors to recurring revenue streams.
OPSTAR aims to expand its business model (beyond Non-Recurring Engineering (NRE) charges, which are one-off project fees. The company plans to achieve this by tapping into the recurring revenue stream generated when the products they design for customers gain market traction and require unit orders. This strategic shift is evident in their partnership with Samsung Electronics, which allows them to offer customers the option to tape out products to Samsung foundries.
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Cakes Moon
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Posted by Cakes Moon > 2024-08-28 18:05 | Report Abuse
Walao, result also bad!!!