Highlights
KLSE: OPENSYS (0040)       OPENSYS M BHD ACE : Technology
Last Price Today's Change   Day's Range   Trading Volume
0.325   +0.005 (1.56%)  0.32 - 0.325  159,600
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Financials


Market Cap: 97 Million

Market Cap 97 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:  31-Mar-2019 [#1]

Latest Quarter: 31-Mar-2019 [#1]
Announcement Date 27-May-2019
Next Quarter: 30-Jun-2019
Est. Ann. Date: 24-Aug-2019
Est. Ann. Due Date: 29-Aug-2019
QoQ | YoY   -61.10%  |    -19.31%

Annual (Unaudited) ( EPS: 3.41, P/E: 9.54 )

Revenue | NP to SH 95,361  |  10,144
RPS | P/RPS 32.01 Cent  |  1.02
EPS | P/E | EY 3.41 Cent  |  9.54  |  10.48%
DPS | DY | Payout % 1.25 Cent  |  3.85%  |  36.71%
NAPS | P/NAPS 0.19  |  1.71
YoY   51.06%
NP Margin | ROE 10.67%  |  17.92%
F.Y. | Ann. Date 31-Dec-2018  |  25-Feb-2019

T4Q Result ( EPS: 3.28, P/E: 9.91 )

Revenue | NP to SH 92,872  |  9,774
RPS | P/RPS 31.18 Cent  |  1.04
EPS | P/E | EY 3.28 Cent  |  9.91  |  10.10%
DPS | DY | Payout % 1.25 Cent  |  3.85%  |  38.10%
NAPS | P/NAPS 0.19  |  1.71
QoQ | YoY   -3.61%  |    29.68%
NP Margin | ROE 10.57%  |  17.27%
F.Y. | Ann. Date 31-Mar-2019  |  27-May-2019

Annualized Result ( EPS: 2.04, P/E: 15.83 )

Revenue | NP to SH 58,960  |  6,116
RPS | P/RPS 19.79 Cent  |  1.64
EPS | P/E | EY 2.04 Cent  |  15.83  |  6.32%
DPS | DY | Payout % -
NAPS | P/NAPS -
QoQ | YoY   -39.71%  |    -19.31%
NP Margin | ROE 10.47%  |  10.81%
F.Y. | Ann. Date 31-Mar-2019  |  27-May-2019


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Date Financial Result Financial Ratio Per Share Item Performance Valuation (End of Quarter) Valuation (Ann. Date)
F.Y. Ann. Date Quarter # Revenue PBT NP NP to SH Div Net Worth Div Payout % NP Margin ROE NOSH RPS Adj. RPS EPS Adj. EPS DPS Adj. DPS NAPS Adj. NAPS QoQ YoY EOQ Date EOQ Price EOQ P/RPS EOQ P/EPS EOQ P/NAPS EOQ EY EOQ DY ANN Date ANN Price ANN P/RPS ANN P/EPS ANN P/NAPS ANN EY ANN DY
31-Dec-2019 27-May-2019 31-Mar-2019 1 92,872 13,797 9,815 9,774 3,723 56,599 38.10% 10.57% 17.27% 297,892 31.18 31.18 3.28 3.28 1.25 1.25 0.1900 0.19   -3.61%   29.68% 29-Mar-2019 0.335 1.07 10.21 1.76 9.79% 3.73% 27-May-2019 0.32 1.03 9.75 1.68 10.25% 3.91%
31-Dec-2018 25-Feb-2019 31-Dec-2018 4 95,360 14,282 10,166 10,140 3,723 56,599 36.72% 10.66% 17.92% 297,892 32.01 32.01 3.40 3.40 1.25 1.25 0.1900 0.19   4.72%   51.01% 31-Dec-2018 0.285 0.89 8.37 1.50 11.94% 4.39% 25-Feb-2019 0.345 1.08 10.14 1.82 9.87% 3.62%
31-Dec-2018 26-Nov-2018 30-Sep-2018 3 84,479 14,331 9,697 9,683 2,978 5,421,634 30.76% 11.48% 0.18% 297,892 28.36 28.36 3.25 3.25 1.00 1.00 18.2000 18.20   6.71%   105.41% 28-Sep-2018 0.325 1.15 10.00 0.02 10.00% 3.08% 26-Nov-2018 0.33 1.16 10.15 0.02 9.85% 3.03%
31-Dec-2018 24-Aug-2018 30-Jun-2018 2 82,574 13,283 9,073 9,074 2,978 5,356,098 32.83% 10.99% 0.17% 297,892 27.72 27.72 3.05 3.05 1.00 1.00 17.9800 17.98   20.39%   85.71% 29-Jun-2018 0.285 1.03 9.36 0.02 10.69% 3.51% 24-Aug-2018 0.30 1.08 9.85 0.02 10.15% 3.33%
31-Dec-2018 16-May-2018 31-Mar-2018 1 83,717 11,183 7,537 7,537 2,978 51,356 39.52% 9.00% 14.68% 297,892 28.10 28.10 2.53 2.53 1.00 1.00 0.1724 0.17   12.24%   25.28% 30-Mar-2018 0.28 1.00 11.07 1.62 9.04% 3.57% 16-May-2018 0.30 1.07 11.86 1.74 8.43% 3.33%
31-Dec-2017 26-Feb-2018 31-Dec-2017 4 96,104 9,966 6,715 6,715 2,978 51,386 44.36% 6.99% 13.07% 297,892 32.26 32.26 2.25 2.25 1.00 1.00 0.1725 0.17   42.45%   11.84% 29-Dec-2017 0.29 0.90 12.87 1.68 7.77% 3.45% 26-Feb-2018 0.30 0.93 13.31 1.74 7.51% 3.33%
31-Dec-2017 24-Nov-2017 30-Sep-2017 3 92,057 6,232 4,714 4,714 2,978 47,901 63.19% 5.12% 9.84% 297,892 30.90 30.90 1.58 1.58 1.00 1.00 0.1608 0.16   -3.52%   -24.50% 29-Sep-2017 0.32 1.04 20.22 1.99 4.95% 3.13% 24-Nov-2017 0.30 0.97 18.96 1.87 5.27% 3.33%
31-Dec-2017 25-Aug-2017 30-Jun-2017 2 107,601 6,447 4,886 4,886 2,978 47,871 60.97% 4.54% 10.21% 297,892 36.12 36.12 1.64 1.64 1.00 1.00 0.1607 0.16   -18.78%   -22.23% 30-Jun-2017 0.35 0.97 21.34 2.18 4.69% 2.86% 25-Aug-2017 0.345 0.96 21.03 2.15 4.75% 2.90%
31-Dec-2017 26-May-2017 31-Mar-2017 1 113,097 7,912 6,016 6,016 2,990 0 49.71% 5.32% - % 297,892 37.97 37.97 2.02 2.02 1.00 1.00 0.0000 0.00   0.20%   6.72% 31-Mar-2017 0.35 0.92 17.33 0.00 5.77% 2.86% 26-May-2017 0.355 0.94 17.58 0.00 5.69% 2.82%
31-Dec-2016 24-Feb-2017 31-Dec-2016 4 94,707 7,888 6,004 6,004 2,978 47,632 49.62% 6.34% 12.60% 297,892 31.79 31.79 2.02 2.02 1.00 1.00 0.1599 0.16   -3.84%   -22.63% 30-Dec-2016 0.34 1.07 16.87 2.13 5.93% 2.94% 24-Feb-2017 0.36 1.13 17.86 2.25 5.60% 2.78%
31-Dec-2016 24-Nov-2016 30-Sep-2016 3 80,865 8,332 6,244 6,244 2,978 46,173 47.71% 7.72% 13.52% 297,892 27.15 27.15 2.10 2.10 1.00 1.00 0.1550 0.16   -0.62%   -12.93% 30-Sep-2016 0.35 1.29 16.70 2.26 5.99% 2.86% 24-Nov-2016 0.36 1.33 17.18 2.32 5.82% 2.78%
31-Dec-2016 25-Aug-2016 30-Jun-2016 2 66,556 8,476 6,283 6,283 2,978 45,964 47.41% 9.44% 13.67% 297,892 22.34 22.34 2.11 2.11 1.00 1.00 0.1543 0.15   11.46%   -8.48% 30-Jun-2016 0.29 1.30 13.75 1.88 7.27% 3.45% 25-Aug-2016 0.335 1.50 15.88 2.17 6.30% 2.99%
31-Dec-2016 27-May-2016 31-Mar-2016 1 56,213 7,716 5,637 5,637 2,978 44,117 52.85% 10.03% 12.78% 297,892 18.87 18.87 1.89 1.89 1.00 1.00 0.1481 0.15   -27.36%   -17.76% 31-Mar-2016 0.285 1.51 15.06 1.92 6.64% 3.51% 27-May-2016 0.305 1.62 16.12 2.06 6.20% 3.28%
31-Dec-2015 26-Feb-2016 31-Dec-2015 4 72,505 10,645 7,760 7,760 2,606 45,011 33.59% 10.70% 17.24% 297,892 24.34 24.34 2.60 2.60 0.88 0.88 0.1511 0.15   8.21%   38.60% 31-Dec-2015 0.295 1.21 11.32 1.95 8.83% 2.97% 26-Feb-2016 0.285 1.17 10.94 1.89 9.14% 3.07%
31-Dec-2015 20-Nov-2015 30-Sep-2015 3 68,512 9,977 7,171 7,171 2,606 43,402 36.35% 10.47% 16.52% 297,892 23.00 23.00 2.41 2.41 0.88 0.88 0.1457 0.15   4.46%   28.72% 30-Sep-2015 0.36 1.57 14.95 2.47 6.69% 2.43% 20-Nov-2015 0.315 1.37 13.09 2.16 7.64% 2.78%
31-Dec-2015 27-Aug-2015 30-Jun-2015 2 64,349 9,412 6,865 6,865 2,234 42,807 32.54% 10.67% 16.04% 223,420 28.80 21.60 3.07 2.30 1.00 0.75 0.1916 0.14   0.16%   28.22% 30-Jun-2015 0.36 1.25 11.72 1.88 8.54% 2.78% 27-Aug-2015 0.34 1.18 11.07 1.77 9.04% 2.94%
31-Dec-2015 26-May-2015 31-Mar-2015 1 63,426 9,303 6,854 6,854 2,234 40,796 32.60% 10.81% 16.80% 223,420 28.39 21.29 3.07 2.30 1.00 0.75 0.1826 0.14   22.41%   24.64% 31-Mar-2015 0.36 1.27 11.73 1.97 8.52% 2.78% 26-May-2015 0.335 1.18 10.92 1.83 9.16% 2.99%
31-Dec-2014 27-Feb-2015 31-Dec-2014 4 45,301 7,531 5,599 5,599 2,234 39,590 39.90% 12.36% 14.14% 223,420 20.28 15.21 2.51 1.88 1.00 0.75 0.1772 0.13   0.50%   20.15% 31-Dec-2014 0.31 1.53 12.37 1.75 8.08% 3.23% 27-Feb-2015 0.355 1.75 14.17 2.00 7.06% 2.82%
31-Dec-2014 21-Nov-2014 30-Sep-2014 3 40,391 7,514 5,571 5,571 2,234 38,472 40.10% 13.79% 14.48% 223,420 18.08 13.56 2.49 1.87 1.00 0.75 0.1722 0.13   4.05%   12.75% 30-Sep-2014 0.39 2.16 15.64 2.26 6.39% 2.56% 21-Nov-2014 0.37 2.05 14.84 2.15 6.74% 2.70%
31-Dec-2014 22-Aug-2014 30-Jun-2014 2 36,320 7,209 5,354 5,354 2,234 38,182 41.73% 14.74% 14.02% 223,420 16.26 12.19 2.40 1.80 1.00 0.75 0.1709 0.13   -2.64%   33.12% 30-Jun-2014 0.425 2.61 17.74 2.49 5.64% 2.35% 22-Aug-2014 0.43 2.65 17.94 2.52 5.57% 2.33%
31-Dec-2014 23-May-2014 31-Mar-2014 1 35,142 7,401 5,499 5,499 3,351 36,976 60.94% 15.65% 14.87% 223,420 15.73 11.80 2.46 1.85 1.50 1.13 0.1655 0.12   18.00%   70.46% 31-Mar-2014 0.235 1.49 9.55 1.42 10.47% 6.38% 23-May-2014 0.255 1.62 10.36 1.54 9.65% 5.88%
31-Dec-2013 28-Feb-2014 31-Dec-2013 4 33,237 6,311 4,660 4,660 2,234 36,238 47.94% 14.02% 12.86% 223,420 14.88 11.16 2.09 1.56 1.00 0.75 0.1622 0.12   -5.69%   32.05% 31-Dec-2013 0.17 1.14 8.15 1.05 12.27% 5.88% 28-Feb-2014 0.18 1.21 8.63 1.11 11.59% 5.56%
31-Dec-2013 22-Nov-2013 30-Sep-2013 3 33,558 6,769 4,941 4,941 2,234 35,143 45.22% 14.72% 14.06% 223,420 15.02 11.27 2.21 1.66 1.00 0.75 0.1573 0.12   22.85%   33.76% 30-Sep-2013 0.14 0.93 6.33 0.89 15.80% 7.14% 22-Nov-2013 0.17 1.13 7.69 1.08 13.01% 5.88%
31-Dec-2013 23-Aug-2013 30-Jun-2013 2 31,763 5,651 4,022 4,022 2,457 35,054 61.10% 12.66% 11.47% 223,420 14.22 10.66 1.80 1.35 1.10 0.83 0.1569 0.12   24.67%   -17.60% 28-Jun-2013 0.13 0.91 7.22 0.83 13.85% 8.46% 23-Aug-2013 0.14 0.98 7.78 0.89 12.86% 7.86%
31-Dec-2013 28-May-2013 31-Mar-2013 1 29,954 4,647 3,226 3,226 2,457 34,831 76.18% 10.77% 9.26% 223,420 13.41 10.06 1.44 1.08 1.10 0.83 0.1559 0.12   -8.59%   -40.27% 29-Mar-2013 0.115 0.86 7.96 0.74 12.56% 9.57% 28-May-2013 0.135 1.01 9.35 0.87 10.70% 8.15%
31-Dec-2012 22-Feb-2013 31-Dec-2012 4 32,981 5,067 3,529 3,529 2,457 33,803 69.64% 10.70% 10.44% 223,420 14.76 11.07 1.58 1.18 1.10 0.83 0.1513 0.11   -4.47%   -32.58% 31-Dec-2012 0.12 0.81 7.60 0.79 13.16% 9.17% 22-Feb-2013 0.12 0.81 7.60 0.79 13.16% 9.17%
31-Dec-2012 28-Nov-2012 30-Sep-2012 3 32,831 4,859 3,694 3,694 3,569 33,781 96.63% 11.25% 10.94% 223,420 14.69 11.02 1.65 1.24 1.60 1.20 0.1512 0.11   -24.32%   -7.23% 28-Sep-2012 0.14 0.95 8.47 0.93 11.81% 11.43% 28-Nov-2012 0.14 0.95 8.47 0.93 11.81% 11.43%
31-Dec-2012 29-Aug-2012 30-Jun-2012 2 32,937 5,534 4,881 4,881 2,228 33,513 45.67% 14.82% 14.56% 223,420 14.74 11.06 2.18 1.64 1.00 0.75 0.1500 0.11   -9.63%   68.54% 29-Jun-2012 0.12 0.81 5.49 0.80 18.21% 8.31% 29-Aug-2012 0.16 1.09 7.32 1.07 13.65% 6.24%
31-Dec-2012 24-May-2012 31-Mar-2012 1 32,364 5,967 5,401 5,401 1,111 0 20.59% 16.69% - % 223,225 14.50 10.86 2.42 1.81 0.50 0.37 0.0000 0.00   3.19%   149.93% 30-Mar-2012 0.14 0.97 5.79 0.00 17.28% 3.56% 24-May-2012 0.12 0.83 4.96 0.00 20.16% 4.15%
31-Dec-2011 27-Feb-2012 31-Dec-2011 4 29,081 5,763 5,234 5,234 1,111 32,532 21.24% 18.00% 16.09% 222,368 13.08 9.76 2.35 1.76 0.50 0.37 0.1463 0.11   31.44%   320.06% 30-Dec-2011 0.13 0.99 5.52 0.89 18.11% 3.85% 27-Feb-2012 0.12 0.92 5.10 0.82 19.61% 4.17%
31-Dec-2011 18-Nov-2011 30-Sep-2011 3 27,875 4,766 3,982 3,982 0 0 - % 14.29% - % 229,629 12.14 9.36 1.73 1.34 0.00 0.00 0.0000 0.00   37.50%   270.07% 30-Sep-2011 0.09 0.74 5.19 0.00 19.27% 0.00% 18-Nov-2011 0.11 0.91 6.34 0.00 15.76% 0.00%
31-Dec-2011 19-Aug-2011 30-Jun-2011 2 28,042 4,426 2,896 2,896 0 0 - % 10.33% - % 215,555 13.01 9.41 1.34 0.97 0.00 0.00 0.0000 0.00   34.01%   75.09% 30-Jun-2011 0.12 0.92 8.93 0.00 11.20% 0.00% 19-Aug-2011 0.10 0.77 7.44 0.00 13.44% 0.00%
31-Dec-2011 25-May-2011 31-Mar-2011 1 27,569 3,976 2,161 2,161 0 0 - % 7.84% - % 219,999 12.53 9.25 0.98 0.73 0.00 0.00 0.0000 0.00   73.43%   -16.85% 31-Mar-2011 0.085 0.68 8.65 0.00 11.56% 0.00% 25-May-2011 0.10 0.80 10.18 0.00 9.82% 0.00%
31-Dec-2010 21-Feb-2011 31-Dec-2010 4 26,789 3,046 1,246 1,246 0 39,172 - % 4.65% 3.18% 223,076 12.01 8.99 0.56 0.42 0.00 0.00 0.1756 0.13   15.80%   -61.83% 30-Dec-2010 0.08 0.67 14.32 0.46 6.98% 0.00% 21-Feb-2011 0.09 0.75 16.11 0.51 6.21% 0.00%
31-Dec-2010 19-Nov-2010 30-Sep-2010 3 27,821 2,334 1,076 1,076 0 38,836 - % 3.87% 2.77% 222,941 12.48 9.34 0.48 0.36 0.00 0.00 0.1742 0.13   -34.95%   -74.45% 30-Sep-2010 0.09 0.72 18.65 0.52 5.36% 0.00% 19-Nov-2010 0.09 0.72 18.65 0.52 5.36% 0.00%
31-Dec-2010 20-Aug-2010 30-Jun-2010 2 29,152 2,462 1,654 1,654 0 38,547 - % 5.67% 4.29% 223,333 13.05 9.79 0.74 0.56 0.00 0.00 0.1726 0.13   -36.36%   -60.45% 30-Jun-2010 0.10 0.77 13.50 0.58 7.41% 0.00% 20-Aug-2010 0.10 0.77 13.50 0.58 7.41% 0.00%
31-Dec-2010 21-May-2010 31-Mar-2010 1 31,215 2,785 2,599 2,599 0 38,742 - % 8.33% 6.71% 220,000 14.19 10.48 1.18 0.87 0.00 0.00 0.1761 0.13   -20.37%   -29.12% 31-Mar-2010 0.12 0.85 10.16 0.68 9.84% 0.00% 21-May-2010 0.12 0.85 10.16 0.68 9.84% 0.00%
31-Dec-2009 11-Feb-2010 31-Dec-2009 4 31,647 3,172 3,264 3,264 0 41,999 - % 10.31% 7.77% 239,999 13.19 10.62 1.36 1.10 0.00 0.00 0.1750 0.14   -22.51%   8.19% 31-Dec-2009 0.12 0.91 8.82 0.69 11.33% 0.00% 11-Feb-2010 0.10 0.76 7.35 0.57 13.60% 0.00%
31-Dec-2009 20-Nov-2009 30-Sep-2009 3 32,755 4,212 4,212 4,212 0 38,836 - % 12.86% 10.85% 222,558 14.72 11.00 1.89 1.41 0.00 0.00 0.1745 0.13   0.72%   68.68% 30-Sep-2009 0.09 0.61 4.76 0.52 21.03% 0.00% 20-Nov-2009 0.12 0.82 6.34 0.69 15.77% 0.00%
31-Dec-2009 25-Aug-2009 30-Jun-2009 2 36,026 4,187 4,182 4,182 0 38,220 - % 11.61% 10.94% 224,561 16.04 12.09 1.86 1.40 0.00 0.00 0.1702 0.13   14.04%   71.75% 30-Jun-2009 0.09 0.56 4.83 0.53 20.69% 0.00% 25-Aug-2009 0.09 0.56 4.83 0.53 20.69% 0.00%

PBT = Profit before Tax, NP = Net Profit, NP to SH = Net Profit Attributable to Shareholder, Div = Dividend, NP Margin = Net Profit Margin, ROE = Return on Equity, NOSH = Number of Shares, RPS = Revenue per Share, EPS = Earning Per Share, DPS = Dividend Per Share, NAPS = Net Asset Per Share, EOQ = End of Quarter, ANN = Announcement, P/RPS = Price/Revenue per Share, P/EPS = Price/Earning per Share, P/NAPS = Price/Net Asset per Share, EY = Earning Yield, DY = Dividend Yield.


NOSH is estimated based on the NP to SH and EPS. Div is an estimated figure based on the DPS and NOSH. Net Worth is an estimated figure based on the NAPS and NOSH.

Div Payout %, NP Margin, ROE, DY, QoQ Δ & YoY Δ figures in Percentage; RPS, EPS & DPS's figures in Cent; and NAPS's figures in Dollar.

All figures in '000 unless specified.


Analyze this stock with MQ Trader system
  6 people like this.
 
zhangliang good results market not good otherwise challenge 40 sens
26/02/2019 12:25 PM
hornbill Buy more keep for long term.
27/02/2019 12:25 PM
Amazinggrowth Is this a no-brainer investment? Free cash flow yield 15%
https://klse.i3investor.com/m/blog/Amazinggrowth/197164.jsp
10/03/2019 12:53 PM
stockraider LETS ANALYSE OPENSYS ;

OpenSys has four business revenue models, namely
(i) outright sales, NEUTRAL GROWTH PROSPECT
(ii) software services, GOOD PROSPECT STILL GROWING
(iii) outsourcing services CHEQUE PROCESSING FALLING VOLUME
(iv) maintenance services. GOOD PROSPECT DUE TO HUGE CRM MACHINE

THE CHALLENGES POSE;

1. CHEQUE PROCESSING OUTSOURCING BUSINESS FALLING INCOME DUE TO LESS VOLUME OF CHEQUE USE LOH....!!

2. OUTRIGHT SALES OF CRM MACHINE LOWER GROWTH RATE AS THE VOLUME GROWTH TAPER DOWN DUE TO MATURITY OF THE MARKET AND COMPETITOR LIKE NCR AND HITACHI START COMING OUT WITH THEIR OWN CRM MACHINE. THIS MEAN MKT INTENSIFY LOH....!!
BUT OKI UP THEIR ACT....THEIR MACHINE CAN EVEN PROCESS RM 1 NOTES LOH......!!

3. SOFTWARE AND MAINTENANCE SERVICES SHOULD BE THEIR CORE BASE BUSINESS BUT THERE MAKE UP FOR DECLINING SALES OF CHEQUE PROCESSING AND LOWER RATE OF CRM SALES ??
RAIDER SEE THE ANS IS YES.....BUT MKT SAY UNCERTAIN....THATS WHY PE LESS THAN 10X LOH....!

But overall...Raider see it is a worthwhile investment in opensys the core software and maintenance should give a large core base income loh......!!
10/03/2019 1:29 PM
equitydiary A transfer to the main market would be great
13/03/2019 11:26 PM
Amazinggrowth Philip,

I don’t mind buying a company with high ROE of 18% and FCF yield of 15%, even if it is an “average” company, by your definition.

Better still, I’m paying less than 7x free cash flow for THE market leader with blue chip clients, with net cash position, with 3.79% dividend yield, with undemanding valuations, and exciting growth prospects.

Why exciting growth prospects? In the last five years, the total number of CRMs in the market has grown exponentially with a Compound Annual Growth Rate of close to 40 percent. Is this expected to continue? Yes. Because banks will continue to cut costs. Banks are benefitting from the cost- effectiveness of CRMs in areas of cost of ownership, lower cash holding and reduction in cash handling cost. These significant savings have been a major driving factor for banks to undertake major fleet replacement and consolidation, resulting in the exponential growth of CRMs.

What is the total market size? The total number of ATMs and CDMs in Malaysia is 17500 units with annual growth of about 5%. Opensys’ installed base of CRM (only) is 2600 units with close to 80% market share. Therefore, total CRMs in Malaysia is 3250 as compared to 17500 ATMs and CDMs to be replaced sooner or later.

Assume only 60% machines are CRMs in the future, the growth potential is more than 3 times (10500 units as compared to 3250 today).

https://klse.i3investor.com/m/blog/Amazinggrowth/197218.jsp
16/03/2019 10:16 PM
bursadiary The biggest catalyst?

my shareinvest BNM had on 24/3/17, announced new policy/ measures to enhance the security of ATMs & other related cash service machines against robbery attempts.

Among the few measures is imposition of ink-staining technology at ATMs, Cash Deposit Machine (CDM) & Cash Recycler Machine (CRM) which will cause the banknotes stored within to be stained in the event the ATMs are attacked, thus rendering any ink-stained banknote unfit for use.

The policy will come into effect on 1 April 2017 & must be implemented within following timeline:

• By 31/12/17 – 5% of total ATMs
• By 31/12/18 – 15% of total ATMs
• By 31/12/19 – 25% of total ATMs

As of 2016, estimated about 16K ATMs available all across Malaysia.

Opensystem Bhd (0040) being the market leader in providing ATM, CDM & CRM solutions & services is set to be the key beneficiaries.

Worth relooking at this.
29/03/2017 10:54 AM
24/03/2019 3:10 PM
skyea https://themalaysianreserve.com/2017/03/31/bnm-ink-stain-tech-my-ringgit-app-to-deter-currency-theft/
25/03/2019 11:31 PM
skyea https://www.myopensys.com/ink-staining-technology
25/03/2019 11:42 PM
wakenabeb This counter is so confusing. FA good but why dropping like sittt
01/04/2019 7:16 PM
Think Strong accumulation, but price not moving up. Someone gathers stocks at low. Price will spike once no more ppl selling.
03/04/2019 12:30 PM
trapped P/B 1.76 why got people cheat as 0.16?
07/04/2019 10:32 PM
bursadiary P/BV 1.76 times only? So low?

Most tech companies P/BV is 5-6 times!

Vitrox is 8 times.

P/BV is not relevant for tech companies because their ROEs are high.

You should focus on key ratios like ROE, PEG, PER.
07/04/2019 11:39 PM
YAPSS Day 36 of Fundamental Daily, YAPSS will be covering Opensys (M) Berhad's fundamental via a short animated video. I hope it helps and please enjoy the video, see ya! #YAPSS #FundamentalDaily #OpensysBerhad

Click the on the link to find out more: https://www.youtube.com/watch?v=Uu-lDarLOI0
08/04/2019 11:28 PM
Twltwl https://www.sinchew.com.my/content/content_2040275.html
21/04/2019 4:11 PM
Twltwl eWallet era is coming soon. DuitNow will implement soon this year.
21/04/2019 4:12 PM
skyea management themselves have alot of shares (most of them in top 30 list), they wont let opensys die one la. investors here trading the share as though it will die in the next few years. as if management is not aware of whats going on in the cash economy. retailers should ask themselves which is more logical? 1) that we retail investors know everything and management knows nothing 2) or management already preparing for the next phase but havent announce it yet..
23/04/2019 2:05 AM
Crazy crazy sleeping again
23/04/2019 11:18 AM
Amazinggrowth Opensys achieved the FIRST major breakthrough in branch transformation strategy after successfully implementing a “Branch of the Future” solution in one of the major banks in Malaysia at the end of last year.

The market potential for its BOTF solution is 2,000 bank branches in Malaysia. Assuming a new digital branch would cost RM500,000 each (to be conservative) the total market potential for Opensys is RM1 billion!

https://klse.i3investor.com/m/blog/Amazinggrowth/205094.jsp
05/05/2019 1:31 PM
bursadiary This is a great catalyst!! Game changer!!

I suggest we open up our mind.

imagine the exponential growth of CRM machine!! Now another new product!!

Target Price of 80 sen? RM1.20? RM1.50?

I don't know but I am very optimistic!!
05/05/2019 5:40 PM
Twltwl UUM is link with kiplePay to launch cashless payment. Cashless payment widely use in society now.
05/05/2019 9:25 PM
Twltwl Cashless payment widely use now. http://www.klsescreener.com/v2/news/view/524390
05/05/2019 9:27 PM
bursadiary Yes , cashless payment is here. How often do you use ewallet? Can I stop using cash? No. I still need cash everyday. Give me a call after you don't use cash anymore.
05/05/2019 11:50 PM
Twltwl Go cashless nowadays. ewallet like boost can get rebate.
09/05/2019 8:17 AM
Twltwl More and more merchants participate till today.
09/05/2019 8:17 AM
(S=QR) Philip Grab, Uber, tabao, Lazada, Alibaba were barely in Malaysia 5 years ago. Now everyone from my wife to my daughter uses it.

Whenever I travel these days I just use grab or Uber surcharge. When I am in a long meeting with my team, we just order Uber eats, panda.

Online transfers and Alibaba are my main mode of transferring money these days. Even cheques are slowly being phased out. Verification is becoming more and more safer with good security apps.

You only think about cash because you live in Malaysia. In China online wechat payments are dominating the market. In Japan almost everything can be paid via your smartphone. In many countries like in UK there I go often we don't even bring selling cash anymore, everything can be paid via debit card and credit card, from food, to bus rides to clothes to buying groceries at Tesco.

If you think the future is not going cashless then you need to think hard. Which would you rather carry if it was convenient, a card or a pile of easily stolen cash.

FYI even coin payments at the food court these days I just shake the boost to pay for it.

So yes, I use ewallet very very often. How often do you use cash to pay for your grab/uber rides?

>>>

Posted by bursadiary > May 5, 2019 11:50 PM | Report Abuse

Yes , cashless payment is here. How often do you use ewallet? Can I stop using cash? No. I still need cash everyday. Give me a call after you don't use cash anymore.
09/05/2019 8:36 AM
(S=QR) Philip Just in case you still live under a rock somewhere and don't realize that given 2 exact choices, everyone will always pick up the more convenient one.

Fact remains, cashless in more convenient ( and getting safer by the day) than cash. Sooner or later, Malaysia will embrace a cashless society like other parts of the world.

For banks, crm and cash machines may soon become a hindrance than a savings. If you can pay your bills online, why walk to the bank at all?

>>>>>
https://themalaysianreserve.com/2018/12/21/e-wallet-users-see-rapid-growth-in-msia/
09/05/2019 8:41 AM
Shinnzaii Even cinema also become more cashless already...online payment and scan bar code to enter...but seriously malaysia F&B retail still slow to evolve to cashless payment...hehe
09/05/2019 8:44 AM
skyea i think this cashless argument is not new, it has been going on for a few years already, Yet in the recent quarter, banks installed a record number of CRM machines, the most ever in a single quarter..the banks seem to act the opposite of what these naysayers are preaching..
09/05/2019 1:37 PM
bursadiary OPINION VS FACT

2015: we are going cashless (OPINION)
2015: 200-300 CRMs

2016: we are going cashless
2016: 1000+ CRMs

2017: we are going cashless
2017: 2000+ CRMs

2018: we are going cashless
2018: 4,000+ CRMs (FACT)

Everyone can have their opinions. But facts are what really matters. Period.
09/05/2019 9:17 PM
bobbie A foreign shareholder in the name of DBS Bank Ltd has emerged as the second largest shareholder with 10.1 million shares. Another interesting shareholder with 1.4 million shares is Alma Rubber Estates Sdn Bhd. This very well established company was founded more than 50 years ago in 1963. Why are they buying into OpenSys?
10/05/2019 9:51 AM
skyea also yoongkahyin is red sena MD. hes an investment banker.
10/05/2019 2:40 PM
Twltwl Cashless transaction society more and more popular now.

https://www.orientaldaily.com.my/news/north/2019/05/11/290283
12/05/2019 5:37 PM
Twltwl Wet morning market start to use ewallet as payment dy. Convenience and rebate given.
14/05/2019 12:51 PM
tapdance The Number of ATMs Around the World Has Fallen for the First Time -
https://www.bloomberg.com/news/articles/2019-05-20/atms-once-the-future-of-banking-starting-to-become-more-scarce?srnd=premium-asia
21/05/2019 11:08 AM
equitydiary https://www.rbrlondon.com/wp-content/uploads/2019/04/GA23_Press_Release_230419.pdf
23/05/2019 10:31 PM
equitydiary ATMs going down, cash recycler machines going up
23/05/2019 10:32 PM
equitydiary https://www.rbrlondon.com/press/
23/05/2019 10:39 PM
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
Thim Woo 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