Rm1 seems a bit far, can't take old comparison of high price RM1.4. This have to take into account of the change of management and Dsonic is very heavy reliant on projects. If there's no catalyst to pump the price further to new ATH, I think RM0.85 is a very fair value. The company is still mega undervalued and I'll be holding their warrants instead.

Just added 300lots of kPower at about 2.31 and 2.32, trust your own analysts, if support does break, downside for me its only @ 1.99. But the upside is double, back to 2.8 or more. If I were you all, can consider entering now instead of just waiting cause of any rebound reasons.

I think instead of dumping and waiting for it to go below 1.50 is a waste of time. I don't get why's so many people dumping after a 4 days consecutive red. I'm new to this counter but the support has been strong for days on 1.55 and also during the shorting and dumping, 1.55 has been collected over 10mil in a matter of minutes, just think about it. The queue at 1.55 was over a thousand buyers on Friday. Anyways as I'm typing this, there's a big amount of collection again, 1.57 gone :) Goodbye to all those who dumped since Friday and queued sell 1.57

Support's broken, best to CL and seek for better entry or opportunities in other counters.

@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.

Goodluck, all the best to you too!

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.

Despite EPF + KWAP disposing several million of shares. They both hold at least 5% each stake in the company. Portfolio adjustment is always normal especially when there's uncertainty in the bidding of contract.

Speculation -
MyEG has been pretty aggressive in expanding their business, such as partnership with CIMB to venture into fintech in PH. They are scaling up their business into medical services as well, as we can see all healthcare related counters are being pumped by new entrants. So think about where all those hot money will flow -especially if- the company is able to bag the gov contract.


As mentioned of the expansion of their business, it only means they do not rely only in Malaysia as their revenue streams are pretty significant in other countries. I'm not sh*tting on DSONIC but if we were to compare with numbers, MyEG has 5 times the net profit in the last quarter compared to DSONIC. Current assets of 402mil vs 228mil, and have to emphasize that cash amount is 144mil vs 27mil.

In the short run - RSI rebounding (positive), bullish reversal chart pattern (positive), but MA going down against BB (negative). In the long run, MACD reversal already passed (positive). Have to mention once again, the volume has been pretty low due to people selling their position to join the other hyped counters as well as because of the gov contract uncertainty. So once again to relate, where will all the money flow next as eventually people has to TP their counters in healthcare sectors.

I just feel I have to post this because so many new accounts (ironic I'm new here in i3 as well) is spreading fears without much facts claiming big shareholders will manipulate share prices etc. Then again if company owner doesn't own much shares they'll say otherwise saying "even owner don't have faith in the company". So can't be too bothered with all these clowns. New investors, please always remember that all comments doesn't serve as tips for you or have enough weight to sway your investing decisions. You are responsible for your own investments and decisions.

Anyway good-luck everyone, this comment is brought to you by a peanut nobody investor :)

Please add me as well, I'm not a current investor as I sold my Jaks share 2 weeks ago. Am very interested in investing JAKS in the long term by next month.

I totally agree with investopology, that is very likely to happen. Despite my recent comments, but that was at a point of when it was press towards RM2. This buy queue was so early to push the prices up quite greatly actually 25c jump. To prevent a short term correction or selling pressure during taking profit, I have temporary let go my stocks on hand and waiting for a better opportunity (also to minimize risk).

I can't help myself to drop by this counter to check on the comments for a quick giggle. Looks like some people are desperate finding for a re-entry because some people missed out on this morning's correction. Mr. Koon is a very respected investor as well, there's really no point trying to shift the focus towards his decisions. No traders should be able to influence your decision on investing :) Feeling pretty confident looking at the pending buy queue over sell queue as well as O&G pump seems to slow down as well. Good luck everyone!

Just a piece of mind,


Glove related counters will eventually get pumped again by nature because it is the only certain industry that is fully open, working at full capacity and increasing in production line because gloves are fully booked til next year.

People who disposed gloves and went for O&G just because Vaccine is being trialed and Crude Oil rally somewhat feels like the mass majority. The mass majority always losses. Think of it really, second wave of the virus is inevitable because every country is rushing to reopen their economy to prevent recession. Japan literally fell into recession yesterday and I don't think it is necessary bad in the short run. The market needs adjustments, reopening the economy only makes it a bigger spread of virus.

Do or die, market will collapse and glove demand will still be strong and I doubt I'll see a drop in FA numbers in the upcoming QR til the end of this year. Most counters will suffer a bad QR not from Jan-Mar but the current Apr-Jun.

Think wisely, putting FA/TA aside, just use some logic and common sense. I'm a small player in this counter and all this is purely based on speculation as well, but you can verify my statements through your own fact-check.

Re-entered at a pretty high position, honestly feel there's still growth potential purely based on speculations of the overall glove industry, really not much counter to play with. Looking at current queue buy and sell, looks pretty obvious to me that the price is fairly low right now and not that much sellers.

I doubt mTouche has no power. When most counters were dropping, taking aside majority of the traders were busy pushing Gloves counters & oil counters. mTouche made a leap from 6cents to 8.5cents. No major news, unlikely to change in price.

Frankly looking at this forum can see quite a lot of followers waiting for tips. So I'll give you my 2 cents, if you are here looking for short term spikes. Don't bother with this counter. But if you made your own research and realize the potential of this counter when the market is stable again in the next few years, this is one of the stock that can easily go back to 20cents each or even higher.

Even right now if I buy in @ 7.5cents, I'll be more than happy to have at least 120-150% ROI when it hit my TP :) but of course, this is only a speculation and none of us have a crystal ball. Maybe it won't happen, but maybe it will, time will tell.

There's really not much potential counters to play around other than the basket of glove industry. Frankly comparing Comfort and Careplus. If Comfort is priced at around RM2.6 now, Careplus seems very underpriced. Thus,a lot of traders will feel there's a long way to increase. My own TP is around RM2.

For about 3 weeks, been reading this forum everyday. I'm glad I have stood firm on my initial decision to invest in mTouche and not cut loss unlike those who preach fear.

Despite the test kit project, it is a very small side income for mTouche (no matter approved or not). The core business has potential of growth in securing businesses, not to mention it has established in several other countries and seen growth in revenue in both local and emerging market. This stock lost way too much value considering the big loss in revenue as well as recording losses. I have went through the whole Annual Report and the 2018-2019 loss was because of a disposable of subsidiary which has accounted in losses.

Therefore putting aside of just numbers, looking at the risk-reward and current price tells me there's still quite a way to go. Reminded that retail investor like me are always lagged informed, there must be a reason why the demand is picking up again.

Goodluck trading everyone :)