OPENSYS (M) BHD

KLSE (MYR): OPENSYS (0040)

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Last Price

0.345

Today's Change

0.00 (0.00%)

Day's Change

0.34 - 0.345

Trading Volume

149,500


7 people like this.

6,013 comment(s). Last comment by Income 1 week ago

CoolJay

831 posts

Posted by CoolJay > 2020-12-14 12:14 | Report Abuse

@johotin88 dunno this broke the triangle dy or not.. either will go all the way down or up.. i think brahmal disposed all today.. eod will know

HrryPttr

1,975 posts

Posted by HrryPttr > 2020-12-14 12:23 | Report Abuse

Cancel fly today?

johotin88

385 posts

Posted by johotin88 > 2020-12-14 12:42 | Report Abuse

@CoolJay if it really goes against us just cut loss. But personally think the share price will most probably be supported by its strong fundamental.

Beng

98 posts

Posted by Beng > 2020-12-14 19:08 | Report Abuse

Will still go down more, unless you have enough funds to average down. Not recommended.

SIQ555

174 posts

Posted by SIQ555 > 2020-12-15 04:50 | Report Abuse

The process to eliminate those who bought shares...to get dividend (ex date 11/12/20)... thereafter one can expect splendor...
despite price been cemented, for a long period of time.

CoolJay

831 posts

Posted by CoolJay > 2020-12-15 09:36 | Report Abuse

0.6 history? :/

johotin88

385 posts

Posted by johotin88 > 2020-12-15 11:39 | Report Abuse

Good sign if the support area is not broken.

Posted by Awangtoklah > 2020-12-15 23:01 | Report Abuse

Will join in again when the price go down to 30 cent or 20cent

Sipektuaki

279 posts

Posted by Sipektuaki > 2020-12-16 09:36 | Report Abuse

Openshit

cashsssss

151 posts

Posted by cashsssss > 2020-12-16 11:47 | Report Abuse

yes, boring and shittt

CoolJay

831 posts

Posted by CoolJay > 2020-12-16 11:48 | Report Abuse

steady bom pi pi

Sipektuaki

279 posts

Posted by Sipektuaki > 2020-12-16 15:49 | Report Abuse

Sohai

wehcant

1,259 posts

Posted by wehcant > 2020-12-16 16:21 | Report Abuse

System is closing soon.

Posted by waltzingcrab > 2020-12-16 16:24 | Report Abuse

going to 51 support

Posted by BadrulYH81 > 2020-12-16 16:40 | Report Abuse

long term..

CoolJay

831 posts

Posted by CoolJay > 2020-12-16 17:13 | Report Abuse

0.62 here

Posted by pakhandsome > 2020-12-16 18:16 | Report Abuse

top up more

Sipektuaki

279 posts

Posted by Sipektuaki > 2020-12-17 09:16 | Report Abuse

Yes... Red again

ckh6835

29 posts

Posted by ckh6835 > 2020-12-17 09:21 | Report Abuse

habis la.....Stochatic reach 0 line

johotin88

385 posts

Posted by johotin88 > 2020-12-17 09:29 | Report Abuse

No habis. Just cut if it hits your stop loss.

Beng

98 posts

Posted by Beng > 2020-12-17 09:40 | Report Abuse

Looks like this counter has no more hope, good luck everybody

Sipektuaki

279 posts

Posted by Sipektuaki > 2020-12-17 09:40 | Report Abuse

Bye bye openshit

CoolJay

831 posts

Posted by CoolJay > 2020-12-17 09:48 | Report Abuse

im down 11% dy... how to CL...

johotin88

385 posts

Posted by johotin88 > 2020-12-17 09:57 | Report Abuse

11% is still acceptable lar. Just imagine when it turns to more than 20%.

CoolJay

831 posts

Posted by CoolJay > 2020-12-17 09:59 | Report Abuse

actually why down so much ? not like its QR is losing money also

Sneakpeek

2,201 posts

Posted by Sneakpeek > 2020-12-17 10:52 | Report Abuse

Pls la let it go below 50c at least let me in first

ckh6835

29 posts

Posted by ckh6835 > 2020-12-17 11:16 | Report Abuse

the bad news is the bramal disposed big portion. Scare that the insider can sense if this Qtr is earning less

Posted by 林 歲寒 > 2020-12-17 11:59 | Report Abuse

斷了線的風箏

ckh6835

29 posts

Posted by ckh6835 > 2020-12-17 12:34 | Report Abuse

look like got someone support.

CoolJay

831 posts

Posted by CoolJay > 2020-12-17 13:53 | Report Abuse

0.55 last piller

ckh6835

29 posts

Posted by ckh6835 > 2020-12-17 15:21 | Report Abuse

1.5millions queuing

Posted by BadrulYH81 > 2020-12-17 16:29 | Report Abuse

dont worry.. can go to myr1

klm80

139 posts

Posted by klm80 > 2020-12-17 16:44 | Report Abuse

keep for long long long term sure up one...

lsg10

146 posts

Posted by lsg10 > 2020-12-18 07:42 | Report Abuse

Kaunter nj mcm jcy. Turun nonstoo

ckh6835

29 posts

Posted by ckh6835 > 2020-12-18 09:17 | Report Abuse

support.....jgn kasi turun

Posted by justinteoyc > 2020-12-18 12:14 | Report Abuse

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.

CoolJay

831 posts

Posted by CoolJay > 2020-12-18 12:19 | Report Abuse

Thanks for you analysis @justinteoyc .
Im holding at 0.62 .. so gonna hold until then. alll the best

Posted by Justin Teo > 2020-12-18 12:41 | Report Abuse

@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!

Posted by imtiyaz248 > 2020-12-18 12:46 | Report Abuse

Why can hold Opensys for long term? Because this companies which have been listed for at least 10 years and reported positive profits for 40 consecutive quarters.

ckh6835

29 posts

Posted by ckh6835 > 2020-12-18 14:58 | Report Abuse

justin Teo, how to calculate fair value of Opensys? Teach me

Posted by imtiyaz248 > 2020-12-18 15:57 | Report Abuse

Weighted Average Fair Value - 1.29

Posted by HappyTrade > 2020-12-21 14:46 | Report Abuse

Good company but the share price not going up as expected. Come on.

CoolJay

831 posts

Posted by CoolJay > 2020-12-21 16:18 | Report Abuse

Dropped below 0.55 dy.... barrier gone

Sipektuaki

279 posts

Posted by Sipektuaki > 2020-12-21 16:23 | Report Abuse

Wow.

ckh6835

29 posts

Posted by ckh6835 > 2020-12-21 16:25 | Report Abuse

Sad....hold lo

Posted by HappyTrade > 2020-12-21 16:42 | Report Abuse

Today most counter really bad, drop, profit taking.

Posted by Justin Teo > 2020-12-21 16:43 | Report Abuse

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

CoolJay

831 posts

Posted by CoolJay > 2020-12-21 16:58 | Report Abuse

haiz....i will hold the remaining.. will come back and see next year.. goodluck guys. just slowly collect dividen meanwhile :(

Posted by savingprivateryan > 2020-12-21 17:04 | Report Abuse

Looks like it's come back to the same price it was exactly 3 months ago. No chance for a rebound?

JCY seems to be in the same predicament too.

CoolJay

831 posts

Posted by CoolJay > 2020-12-21 17:08 | Report Abuse

@savingprivateryan if only it rebound like on august.. otherwise just wait next QR dy

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