Highlights
KLSE: OPENSYS (0040)       OPENSYS M BHD ACE : Technology
Last Price Today's Change   Day's Range   Trading Volume
0.37   0.00 (0.00%)  0.37 - 0.375  146,900
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Financials


Market Cap: 110 Million

Market Cap 110 Million
NOSH 298 Million

Latest Audited Result:  31-Dec-2017

Latest Audited Result: 31-Dec-2017
Announcement Date 20-Apr-2018
Next Audited Result: 31-Dec-2018
Est. Ann. Date: 20-Apr-2019
Est. Ann. Due Date: 29-Jun-2019

Latest Quarter:  30-Sep-2019 [#3]

Latest Quarter: 30-Sep-2019 [#3]
Announcement Date 25-Nov-2019
Next Quarter: 31-Dec-2019
Est. Ann. Date: 25-Feb-2020
Est. Ann. Due Date: 29-Feb-2020
QoQ | YoY   -6.30%  |    2.55%

Annual (Unaudited) ( EPS: 3.41, P/E: 10.87 )

Revenue | NP to SH 95,361  |  10,144
RPS | P/RPS 32.01 Cent  |  1.16
EPS | P/E | EY 3.41 Cent  |  10.87  |  9.20%
DPS | DY | Payout % 1.25 Cent  |  3.38%  |  36.71%
NAPS | P/NAPS 0.19  |  1.95
YoY   51.06%
NP Margin | ROE 10.67%  |  17.92%
F.Y. | Ann. Date 31-Dec-2018  |  25-Feb-2019

T4Q Result ( EPS: 3.34, P/E: 11.08 )

Revenue | NP to SH 108,612  |  9,950
RPS | P/RPS 36.46 Cent  |  1.01
EPS | P/E | EY 3.34 Cent  |  11.08  |  9.03%
DPS | DY | Payout % 1.50 Cent  |  4.05%  |  44.91%
NAPS | P/NAPS 0.20  |  1.85
QoQ | YoY   0.55%  |    2.76%
NP Margin | ROE 9.20%  |  16.70%
F.Y. | Ann. Date 30-Sep-2019  |  25-Nov-2019

Annualized Result ( EPS: 2.69, P/E: 13.73 )

Revenue | NP to SH 83,617  |  8,026
RPS | P/RPS 28.07 Cent  |  1.32
EPS | P/E | EY 2.69 Cent  |  13.73  |  7.28%
DPS | DY | Payout % -
NAPS | P/NAPS -
QoQ | YoY   4.30%  |    -3.04%
NP Margin | ROE 9.65%  |  13.47%
F.Y. | Ann. Date 30-Sep-2019  |  25-Nov-2019



Business Performance

Business Performance (By Quarter)

Trailing 4 Quarters Trailing 8 Quarters
Available Quarters 4 Quarters 8 Quarters
Continuous Quarters Of Revenue Growth 0 / 4 0.00% 0 / 8 0.00%
Total Positive Profit Years 4 / 4 100.00% 8 / 8 100.00%
Continuous Quarters Of Positive Profit 4 / 4 100.00% 8 / 8 100.00%
Continuous Quarters Of Profit Growth 0 / 4 0.00% 0 / 8 0.00%
Continuous Quarters Of Adjusted EPS Growth 0 / 4 0.00% 0 / 8 0.00%
Total Dividend Years 4 / 4 100.00% 6 / 8 75.00%
Continuous Quarters Of Dividend 4 / 4 100.00% 5 / 8 62.50%
Continuous Quarters Of Dividend Growth 1 / 4 25.00% 1 / 8 12.50%
Continuous Quarters Of Adjusted Dps Growth 1 / 4 25.00% 1 / 8 12.50%
Average ROE 4.30% 3.47%
Average Net Profit Margin 9.50% 10.74%

Business Performance (By Year)

Last 5 Financial Years Last 10 Financial Years
Available Years 5 Years 10 Years
Continuous Years Of Revenue Growth 0 / 5 0.00% 0 / 10 0.00%
Total Positive Profit Years 5 / 5 100.00% 10 / 10 100.00%
Continuous Years Of Positive Profit 5 / 5 100.00% 10 / 10 100.00%
Continuous Years Of Profit Growth 2 / 5 40.00% 2 / 10 20.00%
Continuous Years Of Adjusted EPS Growth 2 / 5 40.00% 2 / 10 20.00%
Total Dividend Years 5 / 5 100.00% 8 / 10 80.00%
Continuous Years Of Dividend 5 / 5 100.00% 8 / 10 80.00%
Continuous Years Of Dividend Growth 1 / 5 20.00% 1 / 10 10.00%
Continuous Years Of Adjusted Dps Growth 1 / 5 20.00% 1 / 10 10.00%
Average ROE 14.85% 12.75%
Average Net Profit Margin 9.31% 10.69%

Key Result

Key Result

T4Q Annualized Annual (Unaudited) Last 10 FY Average Last 5 FY Average
Revenue 108,612 83,617 95,361 55,771 80,795
NP to SH 9,950 8,026 10,144 5,454 7,166
Dividend 4,468 4,964 3,723 2,181 2,978
Adjusted EPS 3.34 2.69 3.41 1.83 2.41
Adjusted DPS 1.50 1.67 1.25 0.73 1.00

NP to SH = Net Profit Attributable to Shareholder, EPS = Earning Per Share, DPS = Dividend Per Share

All figures in '000 unless specified.

EPS & DPS's figures in Cent.


Growth

Growth (By Quarter)

LQ QoQ LQ YoY CQ YoY LQ vs Average of T4Q LQ vs Average of T8Q
Revenue -19.39% 24.93% 26.79% -21.14% -11.29%
NP to Owner -6.30% 2.55% -3.04% -12.68% -11.50%
Dividend 100.00% 0.00% 25.00% 33.33% 60.00%
Adj. EPS -6.41% 1.39% -3.35% -12.57% -11.65%
Adj. DPS 100.00% 0.00% 25.00% 33.33% 60.00%

LQ = Latest Quarter, CQ = Cumulative Quarter, T4Q = Trailing 4 Quarters, T8Q = Trailing 8 Quarters, QoQ = Quarter on Quarter, YoY = Year on Year

Growth (By Year)

T4Q vs LFY T4Q vs AL5FY T4Q vs AL10FY AQR vs LFY AQR vs AL5FY AQR vs AL10FY LFY YoY LFY vs AL5FY LFY vs AL10FY
Revenue 13.90% 34.43% 94.74% -12.31% 3.49% 49.93% -0.77% 18.03% 70.99%
NP to Owner -1.91% 38.83% 82.41% -20.87% 12.00% 47.15% 51.06% 41.54% 85.97%
Dividend 20.00% 50.00% 104.80% - % - % - % 25.00% 25.00% 70.67%
Adj. EPS -2.05% 38.71% 82.30% -21.11% 11.72% 46.83% 51.56% 41.62% 86.13%
Adj. DPS 20.00% 50.00% 104.80% - % - % - % 25.00% 25.00% 70.67%

T4Q = Trailing 4 Quarters, T8Q = Trailing 8 Quarters, AL5FY = Average of Last 5 Financial Years, AL10FY = Average of Last 10 Financial Years, LFY = Latest Financial Year AQR = Annualized Quarter Result, YoY = Year on Year

Analyze this stock with MQ Trader system
  6 people like this.
 
Choivo Capital Thanks, i have never seen this site before.

Fairly ok with the result, would prefer if more machines are sold of course, but i know for a fact that all atm and cdm's will be replaced with crm in 5 years, and opensys will be more than able to maintain their market share. I can ride the bumps.

====
equitydiary https://www.rbrlondon.com/press/
23/05/2019 10:39 PM
27/05/2019 6:56 PM
KassimBaba7 Shopping time or wait and see time? Hmm... I was hoping to get it cheap - looks like a good deal? hmmmm...
28/05/2019 10:14 AM
bursadiary As expected, Q1 is a slow quarter.

But dividend is a surprise!! Last 12 months dividend is 1.5 sen!!

Very strong cash inflow!! More dividends coming!!

Good buying opportunity!!
28/05/2019 10:17 AM
Investing KLCI anyone going to attend the opensys upcoming AGM?
28/05/2019 11:59 AM
sasword All sold this lousy counter tickets ady, no one cares it is alive or dead.
28/05/2019 8:20 PM
equitydiary Maintenance income from CRMs will be the earnings driver and it’s a recurring income.

1. Why not strong yet? Because Opensys provides 3 years free maintenance. They started selling CRMs only in 2014.

2. How much contribution? Annual maintenance fee is 10-12% of CRM selling price (RM60-70k).
- Say 1 CRM sells for RM60k, @10% = RM6k per machine per year.
- Opensys have installed 3,200 CRMs and still increasing.
- 3,200 CRMs x RM6k = RM19.2mil !!

Opensys still under the radar of investors.

When more start understanding their business and earnings potential, it will be >RM200mil mkt cap company (currently ~RM90mil mkt cap).
02/06/2019 1:49 PM
Woo Khai Thim Bought 0.305
11/06/2019 3:07 PM
Twltwl Cashless launched for public transport campaign again. More and more popular nowadays!!!
17/06/2019 10:35 PM
k3nthiew https://www.thestar.com.my/business/business-news/2018/07/04/hong-leong-bank-allocated-rm115m-for-digital-expansion/

For those who attended the AGM 2 weeks ago
21/06/2019 4:07 PM
bobbie What happened during the recent AGM?
24/06/2019 10:18 AM
skyea https://www.thestar.com.my/business/business-news/2019/07/02/hlb-allocates-capex-of-between-60-70pc-for-digitisation-in-fy20/
02/07/2019 10:16 PM
Twltwl http://www.klsescreener.com/v2/news/view/550474
06/07/2019 11:16 PM
tapdance https://www.statista.com/chart/17667/support-of-cashless-payments-united-states/
16/08/2019 9:50 AM
equitydiary https://www.g4s.com/media-centre/news/2018/04/17/global-cash-report
22/08/2019 11:07 AM
skyea every quarter, shareholders receive dividend. whats not to like? really feel happy as a shareholder
27/08/2019 6:39 AM
Philip Greta With 3.85% yield on a microcap which share price the last 5 years has been stagnant, a company that has barely grown its revenue and earnings the last five years, what is there to like?

If you want a stable stock with 6+% dividend to hand over to the grandkids, Maybank is a perfect option.

If you want a strong stock that grown its revenue, earnings and share price the last 10 years with good dividends, hartalega would have been a wonderful choice.

You should try comparing the results of the choices you made versus the choices that you didn't make to understand the long term effects of your stockholdings.
27/08/2019 6:57 AM
skyea 4.54%. N making comparison between microcap n giants doesnt seem apt. The risk reward profile is so different to begin with.
27/08/2019 11:51 AM
skyea The Board of Directors of OpenSys (M) Berhad (“OpenSys”) is pleased to announce that
OpenSys is continuing its leadership in the deployment of Cash Recycling ATMs (CRMs).
Fueled by a strong demand from the banking industry, OpenSys will see an increase of 700
units to last year’s installed base by the end of 2019. OpenSys' installed base will grow to more
than 4,200 units, representing a solid growth of 21% in 2019.
The Board also wishes to welcome two new banking clients for adopting the CRMs provided
by OpenSys. This further cements OpenSys’ position as the vendor of choice for banks in the
CRM solution marketplace. The reliability, robustness and excellent performance of the CRMs
provided by OpenSys help achieve significant cost savings, in both capital expenditure and
annual operating costs.
OpenSys has also secured major orders to upgrade the existing installed base from Windows 7
to the Windows 10 platform. This technology upgrade is a mandatory industry compliance
requirement that banks need to adhere to by the end of 2019, due to the end-of-life support of
the Windows 7 platform by Microsoft. The secured orders have a combined value of more than
RM20 million.
On the technology front, OpenSys has been actively engaging with the banks to incorporate
emerging and evolving technologies in the marketplace to bridge the physical channel with
digital delivery channels. OpenSys is proud to be the first to implement the new Smart Client
Web user experience on its CRMs for a major bank nationwide. The Smart Client provides a
technology platform to enable personalization of services, cardless transactions, QR Pay and
other digital services.
10/09/2019 6:45 PM
k3nthiew Based on the announcement yesterday.... i anticipating the 2019 net profit to be between 18-25 mil, 80-150% higher than 2018, eps will be between 6-8.3 cents, really really cheap at current price, also expecting a 2.5 to 4 cents of dividend, coz management indicated 40-50% payout ratio
11/09/2019 4:04 PM
张晋荣 Just watch closely this counter... something brewing...
11/09/2019 7:42 PM
skyea kenthiew, can i know your mathematical working on the net profit part?
12/09/2019 12:51 AM
bobbie Any idea which major bank has implemented Smart Client Web nationwide?
12/09/2019 8:43 AM
equitydiary Should be Hong Leong Bank
12/09/2019 9:33 AM
bobbie Thanks equitydiary! I don't know if there is any difference between Smart Client Web and Branch of the Future (BOTF). BOTF was announced by OpenSys a few months ago.
12/09/2019 9:42 AM
Twltwl Bank negara going to approve banks to implement charges from Rm0.50 to Rm2 per time if customer using crm and cdm. This going to reduce a lot of customer using it. OPENSYS going to have no business soon. Must stay alert on this matter.
26/09/2019 12:48 AM
Twltwl http://www.klsescreener.com/v2/news/view/582602
26/09/2019 12:51 AM
skyea https://www.theedgemarkets.com/article/malaysia-banks-stop-charging-fees-loan-repayments-cash-deposit-machines-otc#.XYyLPTTeIAk.facebook
26/09/2019 6:43 PM
skyea Malaysia banks stop charging fees for loan repayments at cash deposit machines
26/09/2019 6:43 PM
skyea https://www.orientaldaily.com.my/news/nation/2019/09/26/308053?fbclid=IwAR3AmGjfxF_5od4xw8O_3JRJu8E8Da7cmOaLgglvAgbqGjy2LdBGt4nLj2M
03/10/2019 5:11 PM
lilychan are opensys do bank ewallet machine ?
29/10/2019 9:39 PM
skyea https://www.soyacincau.com/2019/10/31/digi-vcash-ewallet-shuts-down/
31/10/2019 9:33 PM
dr_jogho Opensys (M) surged past the resistance price of RM0.355 in its latest session with higher trading volume. With the momentum indicator RSI above 60%, the short-term momentum could reach a target price of RM0.38, followed by RM0.40. If it dips below RM0.355, it will continue to move sideways and consolidate. The support price is anticipated at RM0.335 whereby traders may exit on a breach to avoid the risk of a further correction.

Trading Call: Buy on continuation above RM0.355
Target: RM0.38, RM0.40 (time frame: 3-6 weeks)
07/11/2019 12:21 PM
UaVess11 I m novice in stocks; nevertheless Opensys seems to hv strong FA comparative with peers,
PE=10.9,
ROE=16.7%,
P/BV=1.83,
D-E ratio=0.71,
Dy=4.17%,
EPS=3.33.

IFCAMSC, Dsonic, EForce, Revenue, Rexit all hv much higher prices.. Opensys being overlooked & unloved by IB or what?
Tqs
08/11/2019 2:51 PM
thesteward Opensys sud hv good result
15/11/2019 1:13 PM
bobbie I m expecting OpenSys to declare at least a 0.25 sen dividend this quarter.
15/11/2019 5:08 PM
k3nthiew Wow... engine finally start liao!!
18/11/2019 3:40 PM
6222 Opensys chart look good, should be more to go
18/11/2019 4:30 PM
6222 Those already in just sit and wait, more to come
18/11/2019 4:37 PM
Awangtoklah Worth waiting...
18/11/2019 5:01 PM
cherry88 Still not too late to take position
19/11/2019 8:42 AM
sasword One day show only, foreign fund already balik tidur, goreng up and dump all before it becomes rubbish.
19/11/2019 10:15 AM
member41 41 again... gogoogo
21/11/2019 9:43 AM
cherry88 break-out...pending results announcement to boost the price.
21/11/2019 10:00 AM
Icon8888 bye
25/11/2019 6:19 PM
TegasTSSB Due to the end-of-life support of the Windows 7 platform by Microsoft, we have a
remaining order book of Windows 10 platform upgrade amounting to RM10.8 million for
the final quarter of this year. The technology upgrade is a mandatory industry compliance
requirement that banks need to adhere to by the end of 2019. Barring any unforeseen
circumstances, we expect to fulfill the order backlog by the end of this year.
26/11/2019 8:43 AM
bobbie Annual div was 1 sen for many years. It increased to 1.25 sen in 2018, and for this year is 1.5 sen
26/11/2019 9:57 AM
k3nthiew Price weaken is a good buy, up trend dividend plus there are 3,000 units of CRM going to contribute maintenance fees for the coming 3 yrs after the warranty expired, each unit will contribute about 7.5K a year, tats 22.5mil coming.
26/11/2019 12:02 PM
sasword Wait for price below 0.30
26/11/2019 1:22 PM
WhiteWolf Am tracking this counter.

Anyone personally experience£ their Branch of the Future concept before? Anything that stands out that is different from any other bank branch?
03/12/2019 10:44 PM
bobbie Maybank has cardless withdrawal function in its CRMs
04/12/2019 10:25 AM