OPPSTAR BERHAD

KLSE (MYR): OPPSTAR (0275)

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Last Price

1.17

Today's Change

-0.08 (6.40%)

Day's Change

1.13 - 1.25

Trading Volume

3,785,500


1 person likes this.

814 comment(s). Last comment by Agjl 2 hours ago

Learner68

13 posts

Posted by Learner68 > 2 months ago | Report Abuse

within a month, sharp fall from 1.30 down to close 0.90.. Strong revenue growth path is required to get the price up... else will keep heading south.

zoizai

1,297 posts

Posted by zoizai > 2 months ago | Report Abuse

IPO price is the seasonal price

zoizai

1,297 posts

Posted by zoizai > 2 months ago | Report Abuse

Price not supported by fundamental. Eventually will drop back to ipo price

fortunefire

1,352 posts

Posted by fortunefire > 2 months ago | Report Abuse

anyone kena trapped today?

Posted by iCashBooster > 2 months ago | Report Abuse

koyak

zoizai

1,297 posts

Posted by zoizai > 2 months ago | Report Abuse

Downtrend. Going south since ipo. Target price is below ipo price

FrankKY

128 posts

Posted by FrankKY > 2 months ago | Report Abuse

May i know what is the oppstar IPO price?

Posted by iCashBooster > 2 months ago | Report Abuse

0.63sen. probably will go back there

FrankKY

128 posts

Posted by FrankKY > 2 months ago | Report Abuse

Thks iCashBooster

KPH5328

98 posts

Posted by KPH5328 > 2 months ago | Report Abuse

UOB's report dated 27Nov2023: Forecasting a three-year revenue/core net profit CAGR of 29%/31%, on the back of assuming: a) increasingly higher revenue per engineer on an hourly basis, b) progressively higher utilisation rate on increasing available vs billable time, and c) increasing headcount of design engineers towards FY25. Note that the group’s headcount stood at 270 as of 1QFY24. The group has earmarked RM50m for the expansion of its workforce to: a) support the needs of its existing and potential customers, and b) continue developing its human
resources capabilities, ensuring its long-term sustainability.
TP RM2.18 (from RM2.53), based on a rollover 50.0x 2024F PE.

KPH5328

98 posts

Posted by KPH5328 > 2 months ago | Report Abuse

It seems market totally disagrees with UOB, rate Oppstar at much lower valuation after it posted poor result in Q3.

zoizai

1,297 posts

Posted by zoizai > 2 months ago | Report Abuse

PE 50 ? Hahahhahaahahahahahhahahhaha shop lot analyst ?

Tesla PE 40

Loh Kok Wai W

3,587 posts

Posted by Loh Kok Wai W > 2 months ago | Report Abuse

做老千 更好揾过作 皇帝...

Posted by TradeHarbor > 2 months ago | Report Abuse

Now Oppstar's PE is 30.51x and it's lower than Tesla. Time to collect?

INVEST_AA

502 posts

Posted by INVEST_AA > 2 months ago | Report Abuse

Catch a falling knife

Posted by myuptownboy > 2 months ago | Report Abuse

roar back to $1.. good recovery

Posted by AnthonyAng666 > 2 months ago | Report Abuse

congratz to people who collected it at 93 cents there 🤗

Posted by AnthonyAng666 > 2 months ago | Report Abuse

Strong rebound after the holiday of CNY. Nicee

joaco54

57 posts

Posted by joaco54 > 1 month ago | Report Abuse

Time to pickup

Posted by AnthonyAng666 > 1 month ago | Report Abuse

Watch it going up slowly now

Posted by AnthonyAng666 > 1 month ago | Report Abuse

Another round of rally when it announces Q3 result

GammaRay

56 posts

Posted by GammaRay > 1 month ago | Report Abuse

Nice Q3 result. It has improved compared to preceding quarter and last year

Posted by insidemymind > 1 month ago | Report Abuse

Star will shine high again

Posted by AnthonyAng666 > 1 month ago | Report Abuse

hold tight and wait it to reach Kenanga's TP 😃

GammaRay

56 posts

Posted by GammaRay > 1 month ago | Report Abuse

It is giving dividend as well. Hold it for mid-long term if could

Posted by BullishFei > 1 month ago | Report Abuse

Very quiet now

Michael Kwok

6,054 posts

Posted by Michael Kwok > 1 month ago |

Post removed.Why?

Posted by NoTimeToTrade > 1 month ago | Report Abuse

Wah, this stock still going down ah? and now our wonderful gomen thinking of enforcing minimum wage of RM3000 for university grads, Oppstar might as well tapao and move to India where the engineers are abundant and cheap. The name Oppstar also suei 1... like a hiccup, "Opps"

silentWolf

112 posts

Posted by silentWolf > 1 month ago | Report Abuse

Who sapu big lots?

KPH5328

98 posts

Posted by KPH5328 > 1 month ago | Report Abuse

Updates by UOBKH post QR in Feb 2024:
• Missed expectations. Oppstar reported a sequentially stronger 3QFY24 core net profit of RM4.6m (+16% qoq) but still below our and consensus full-year estimates. That said, there was an earnings gap dragged by the lower-than-expected turnkey project contribution (timing difference of revenue recognition) alongside the higher headcount costs and the incurrence of RM2.2m in shares option expenses.

• 9MFY24 revenue increased 3% yoy, driven by higher contribution of specific design services from new customers. This was partially offset by weak turnkey service contribution. Core net profit meanwhile dropped by 11%, primarily due to higher headcount costs, as the group increased its headcount to 264 (from 203 in 3QFY24) to support its multi-pronged strategies alongside the incurrence of RM2.2m in shares option expenses.

• 3QFY24 revenue jumped 8% and core net profit grew by 16% as a result of higher contribution from turnkey design services which had higher margin. Note that turnkey design services contributed 77.8% (+10.0ppt) of the group’s total revenue during the quarter.

• New collaboration to spearhead growth. Oppstar had on 13 Jul 23 entered into an MOU with Chen Junhua and Shenzhen City Yixin Investment (Yixin) with an intention to jointly establish an investment holding company and an IC-related product company to be based in Shanghai.

• Note that the MOU will allow the parties to leverage on each other’s strengths and expertise and allow the parties to develop and co-own the IPs which can potentially create an additional revenue stream for the Oppstar Group.

• Multi-pronged strategies to aggressively capture sea of opportunities. Besides a wider geographical expansion for its design services, continuous customers engagement for full and IP turnkey and China expansion for product development, the group is also building relationships with foundries for better business traction and sustainability.

• On this front, it has been gaining traction with a global leading foundry. Additionally, Oppstar has added two new customers (each from NEA and SEA) and is expecting to secure one more SEA customer with earnings traction to follow in subsequent quarters.

• In the NEA areas, its expansion to Japan is in progress with the group having to obtain the ‘haken’ licence which allows it to directly hire foreign engineers for projects in Japan. We believe the gap of earnings shortfall could be swiftly closed-up in the next two quarters.

• After model updates, we cut our FY24-25 earnings by 8%/20% to account for slower turnkey project contribution.

• Maintain BUY with a lower target price of RM1.70 (from RM2.18), based on a rollover 45.0x 2024F PE. As there are no comparable local listed peers for valuation purposes, our valuation yardstick is based on its global peers’ average two-year forward PE.

Posted by babyuser111 > 4 weeks ago | Report Abuse

still waiting reversal head and shoulder to form

Posted by AnthonyAng666 > 3 weeks ago | Report Abuse

UOB was giving good views about Oppstar too. Breaking Rm1.20 is possible within this month. ha

Posted by unknown1234 > 3 weeks ago | Report Abuse

what happen to this stock?

autoven

240 posts

Posted by autoven > 3 weeks ago | Report Abuse

hopeless...their ceo and coo already disposed tone of shares...

Learner68

13 posts

Posted by Learner68 > 3 weeks ago | Report Abuse

previously these CxOs bought back @1.28 and now sold @1.14 with substantial amount. Not a very good sign.

Posted by BullishFei > 2 weeks ago | Report Abuse

No one buying now

EZMONEY13

281 posts

Posted by EZMONEY13 > 4 days ago | Report Abuse

@Bao2lai
Of course trying to be robinhood, making us filthy rich

Bao2lai

39 posts

Posted by Bao2lai > 4 days ago | Report Abuse

上場直後に株を売りたがるのは、結婚直後に離婚したがるのと似ています。このような経営は、動機が何であれ、株主の信頼に値するものではありません。

EZMONEY13

281 posts

Posted by EZMONEY13 > 4 days ago | Report Abuse

Nihongo pula

Bao2lai

39 posts

Posted by Bao2lai > 3 days ago | Report Abuse

كما أن نمو أرباحها ليس جيدًا كما كان متوقعًا

Posted by goldmanbull > 3 days ago | Report Abuse

Earnings reversal, share price reversal

Posted by goldmanbull > 3 days ago | Report Abuse

価格収益の倍増が起こる

Posted by goldmanbull > 3 days ago | Report Abuse

يحدث انتعاش

Bao2lai

39 posts

Posted by Bao2lai > 2 days ago | Report Abuse


기업의 경쟁력은 브랜드가 아니라 인재풀에 달려있습니다. 회사의 가장 가치 있는 자산 역시 무형자산이 아닌 인재의 수에 달려 있습니다. 이 유형자산은 두 개의 다리를 가지고 탄생합니다. 이 두 다리가 언제 경쟁사의 자산 프로젝트에 들어갈지 알 수 없습니다.

mf

27,849 posts

Posted by mf > 2 days ago | Report Abuse

The Israeli war cabinet is set to meet again on Tuesday, according to Reuters. The prime minister’s office and foreign ministry did not immediately respond to a CNBC request for comment.

Speaking after the cabinet’s Monday gathering, an Israeli official said the country’s decision-makers believe it is important for any potential response to closely follow the attack, and that such a gesture would be coordinated with Washington, NBC News reports.

Posted by goldmanbull > 1 day ago | Report Abuse

이 회사는 통합 칩 설계를 수행하는 유일한 상장 회사입니다. 이 때문에 향후 가치평가는 매우 부자가 될 것입니다

Posted by goldmanbull > 1 day ago | Report Abuse

செமிகண்டக்டருக்கான நீண்ட கால போக்கு நேர்மறையாக உள்ளது

mf

27,849 posts

Posted by mf > 1 day ago | Report Abuse

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Investorrr

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Posted by Investorrr > 22 hours ago | Report Abuse

upstream semiconductor .Chip designer

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Posted by Investorrr > 22 hours ago | Report Abuse

generative AI

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