to know the future of this stock, please look at keyasic chart.
I don't know why SC allow these kinds of farce in Malaysia.

just like most IPO in malaysia, this is just a way for the insiders to sell to public and run. Imagine a guy who used to be senior manager in Intel, suddenly having RM 220+ million in stocks due to this IPO. Most of these guys will sell after 6 months (moratorium) and run. Read the prospectus. Most of the insider shareholders are previous ex managers from Intel trying to make a quick buck. They just selling engineers for contract job. Luckily for them Huawei got banned and Huawei had to use illegal tricks to get US technology and this is one of the way they playing tricks with DOJ.

this company is supplying design services (sub con) to Huawei (sanctioned by US) illegally using design automation tools from US (synopsys, cadence and so on). of course its too small for DOJ to come after oppstar but if you read their prospectus you can see that their main customer is Kirin Huawei chip (which is illegal if you use US technology).

Also if you read their prospectus, you can see that they said they deliver project A, project B, project C and so on.. but this is just sub-con donkey work without building anything to sell as their own product. Then they say building IP, but cant even say what IP. reason is because they have always been supplying contractors since 2014 to do donkey job that companies have no time to do.

This is not a tech stock. this is just a sub-con that supply engineering talents as contractors. Their product is basically their engineers that they send as contractors.

they like to use the caveat "want to help society make money".. haha

as for KYY. he is a very very vindictive old men. Im sure he has caused many OTB's subscribers to lose money. if you don't like some recommendation you don't buy and you shut up la. many times after OTB provided recommendations KYY will come out with very bad article about OTB's recommended stock just because OTB will not recommend JAKS to his followers. This KYY fellow will keep repeating about his old glories and he believes he is a warren buffet. infact this guy is a trader preying on ikan bilis to pump his stocks. and he will attack someone he if that person does not agree with him. my advise to newbies.. learn from OTB but don't follow blindly. Stay far far very far away from anything KYY touches.

just for the sake of newbies..(Pls Read) I would like to share my perspective on OTB and KYY.

I was OTB's subscriber from Q4 2016 till Q4 2017. For RM 1000 he does provide a lot of stocks FA and self help materials to study. I still make use some of his excel sheets and self help stuff till today. As a newbie this is what should be very helpful to you. As for his stock recommendations, I try to buy as immediately as possible and still my buy price would be very high. sometimes I genuinely feel his very rich subscribers like KYY will get 1st dip and then only the recommendation will be spread to ikan bilis like us. so be cautions. and OTB always say his subscribers laughing all the way to the bank. surprisingly i was always crying to the bank. I lost alot alot of my hard earned money following his recommendations. Example ATTA-LA, Gamuda-we, mysteel and few others. Of course some of these stocks recovered buy i already sold. So i stop following any recommendations from "Sifus". I buy my own stocks and sell when i feel like selling suddenly i was making money and not losing. so dont follow these guys. You can subscribe to learn but don follow them.