All those who sold higher and moved on...may have done the right thing for now....but this counter is profitable..paying a reasonable dividend...and the nature of business is good.....2015 might b better....i have sold and moved my money to... britetech / panpages / esceram.......
Opensys is introducing a new product to the market i.e. CRM, and is of no surprise that the profit margin is lower. Cashflow is still good! Cash balance is lower mainly due to 1) payment of dividend and 2) longer collection period, which leads to higher receivables. This is not an issue because the debtors are banks, insurance cos and telcos. I take comfort that revenue increased by 13% and they are gaining market share from the sales of CRMs. It is also encouraging to note that Opensys expects more roll-out of the CRMs in the near future. I believe any further weakness in the share price will offer buying opportunity.
yes, the company is still making profit. The stock is lacking the interest from the investors at the present moment as the result of Q2 financial update does not bring any exciting news to the market. However, the current stock price is still undervalued and the company is likely to perform much better than last year based on Q2 financial update. So, the stock price will increase in long run.
get out la, no more catalyst. just a atm machine vendor. cannot go anywhere one la. if u like the dividend, keep la, if u think the stock price can go further? dream la.
Posted by Canlaughdie > Aug 27, 2014 11:10 PM | Report Abuse
get out la, no more catalyst. just a atm machine vendor. cannot go anywhere one la. if u like the dividend, keep la, if u think the stock price can go further? dream la.
My last 2 tries at 47sens...i lost about 3k...i stopped after that...i suggested sernkou at 33 it went up to 42 esceram was only 13.5 went up to 18...sunzen flew from 25 to 45....pdz also went up from 18 to 38...all these stocks were given by some of this forum's participants...they have all performed well....
I suggested btech...still sleeping..david gave panpages still sleeping...winnie18 gave efficient not too bad...so all u guys stuck in opensys had many choices....but some of u still bought at high levels...even after opensys had gone up from 15 to 45....a bit foolish
I am completely out of OpenSys.....but always come back to check on the forum as this counter made me a bit of $$$ & there are many good people commenting here. As for now. OpenSys, like the others have said, is fully valued and no more catalyst. If it drops back to RM0.30, than I will look at it again. My biggest concern is the Directors, they have increased their salary package while not increasing the dividend. Only looking after themselves!
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....
pendekarbujang
262 posts
Posted by pendekarbujang > 2014-08-25 09:08 | Report Abuse
dup dap dup dap