expecting another good payout on dividend next month. share price moved on average on past 3months. Breakthru will provide long run support and stay above 0.40cent on next move
this stock should be above 50 cents! $11M net profit per year, and PE20 is 50 cents. This is minimum. It's making more than $11M per year and main board tech PE should be at least PE30.
stockraider - you are absolutely correct. Opensys's business clients are mainly institutions and being in main board plus consistent yield made it attractive for institutions to buy it. HODL and peel the onions layer by layer. Hehe
Ong1818 - buy on dip lah. You see the annualized net profit for Opensys. A 3M net profit for 22Q4 is sufficient to bring it to highest annualized net profit in its history. Share price still at the bottom. Hehe
When someone selling that will be some other collecting. People who collected will push up the price to log in profit when time is come. People who sold will hope for collect back at low if chance allow. Based from price trend on past 3months. Winner will gone to people who collected at 0.34 to 0.35. That is sign showing second liner counter is bullish which provide strong support to counter like Opensys. Especially Opensys is profitable & dividend payout company
actually i can't see the growth prospect of OPENSYS... the major contribution is the CRM machine .. 10 years ago, if you talk about replacing all the ATM machine with CRM to cut cost, it may sounds like a growth.
However, at this current era, we are talking about competition of using paper money aka Credit card / Debit card / QR code / Ewallet usage... these usage may corrode the usage of cash in hand form, which may limit the potential usage of CRM
CRM machine having competition from online banking. But CRM is a much for all Malaysia banker at all branch which 1 of important compulsory service to serve all Malaysian. This will be fixed income for Opensys on monthly servicing & spare part replacement. Install of new CRM machine still on growth as proof by last ordered from BSN. Current market only 80%.
CRM machine will not disappear from Malaysia market on next 20years. As have good management team and proof by good dividend payout. Can foreseen management team will look into profitable businesses like buy solar to provide funding to customer for installation of solar panel. Interest rate received from client
of course CRM machine will still be around. but it will be less and less use in future. but ask yourself, how many times u use CRM machine say last month (dec)? speakup only used once! only once!
Opensys income is come from monthly maintenance fee + small spare part replacement. It not depend on whether how many time or how many people who are using. Most sustainable income is come for monthly maintenance fee contract signed by banker (income without cost of material). Spare Part income is small part of income which related to time of usage. Therefore. opensys able to distribute sustainable dividend to reward share holder by paying out dividend when company make profit on each QR
Share price movement is beyond management control. Management only could try they best to make company always profitable and share income with value share holder. Profitable company and good dividend payout company always will be attracted all investment fund company and retail player. The is make sense life
hehe... collected. buying and selling absorption. powerful force indeed. What could it be - new substantial shareholder? new contracts? bombastic qr? final dividend / special dividend?
Opensys had attracted big fund company like Nomura. Nomura & Credit Suisse is bigger seller these few transaction. Based from transaction volume. Nomura is not inside 30 largest share holder. Is Nomura have enough share to sell. Both fund company maybe tried to push down the share price and re-collect back before QR result out. Good dividend payout company like Opensys will not be left behind by big fund company.
ong1818- yes. I dont think will get low price again. QR out in two weeks time and pro traders would have spotted Opensys absorptions. The pros are at work. Small fish like us can only watch and learn. hehe
hehe. Lets break above 40 cents and march to 50 cents before report out! BSN 2022 CRM machines order should complete deliveries by end of last year - Q4 results. Hehe
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lxx9328
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Posted by lxx9328 > 2023-01-26 17:51 | Report Abuse
expecting another good payout on dividend next month. share price moved on average on past 3months. Breakthru will provide long run support and stay above 0.40cent on next move