Volume build up similar to Y2019. Traded almost 0.345-0.35 cents for few months. Possible emerge of new share holder should take into consideration. Institution fund in play at this counter sent signal opensys had attracted new institution fund into this company after listed on MainBoard. Bright future on the way
lxx9328 - i agree with you. Not exactly sure the identities of the powerful force behind the absorptions but it feels like EPF/KWSP style which press kao kao during accumulation, just guessing. hehe.
Dividend payout by Opensys with current level of share price is higher than local bank. In anycase if share price fall from current level will provided more higher dividend yield for investor. Long run opensys current price level considered attractive dividend yield for institution fund.
Pro traders joined the party together with the powerful force. We should expect goodies from report or announcement soon. Trust the process as the saying goes for traders. hehe
Opensys MD is already proof that. Invest in Opensys will get 100% returned. If from day 1 listed till today. 120% retuned. But it not yet stop here. Management team is kin work more hard to make company more profitable and money will be with share holder. Opensys kind of company can considered very rare can found in stock market.
Despite being in the age of tech-stock blue-sky investing, many investors still adopt a more traditional strategy; buying shares in profitable companies like OpenSys (M) Berhad (KLSE:OPENSYS). Now this is not to say that the company presents the best investment opportunity around, but profitability is a key component to success in business
Generally, companies experiencing growth in earnings per share (EPS) should see similar trends in share price. That makes EPS growth an attractive quality for any company. Over the last three years, OpenSys (M) Berhad has grown EPS by 6.3% per year. That might not be particularly high growth, but it does show that per-share earnings are moving steadily in the right direction.
One way to double-check a company's growth is to look at how its revenue, and earnings before interest and tax (EBIT) margins are changing. EBIT margins for OpenSys (M) Berhad remained fairly unchanged over the last year, however the company should be pleased to report its revenue growth for the period of 14% to RM74m. That's encouraging news for the company
Ong1818 - it will go higher. hehe. if you can still remember what we saw the other day - absorptions by the powerful force. And opensys total shares is less than 450M. Need to control it so that it doesnt shoot up too fast right? Shake shake a bit to keep collecting.
trust the process - uptrend and trust the boss/BOD - proven management track records, consistent profits, profit sharing thru dividend. Hard to find such company liao.
Is big shark making show by pushing down? tactic to scare small fish.. Telling us above 0.4 very tough. But instead collect like during road block at 0.35
Good company will received good support from all fund manager. If Opensys is profitable & good dividend payout company. That is no meaning we scare someone pushing down. Therefore, retract is provide opportunity for people who still aim to become share holder on this company
hehe. checkout MPI results, jftech, kobay, aemulus and others. so many semiconductor tech stocks reporting lower revenue and lower profits. Many traders and investors will jump to Opensys soon. HODL!!!
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Why2TellMeWhy
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Posted by Why2TellMeWhy > 2023-02-08 22:48 | Report Abuse
cheer for rm1 then. Hehe