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now, klci dropping 17pts... but opensys seems like going to challenge 0.385 again... unfortunately, it failed many times... will this time break and stay above 0.40 successfully and firmly ? let's see.. cos we are waiting too long time already...
since after many attempts still couldn't break 0.39.... mostly after ex-dividend(tomorrow) will slowly drop back.. so we get collect again at lower cost....
That's nice, Time and Space :) Let's see how it performs for Q1'24. It will be fair to set an expectation of approx 25M quarterly revenue in 2024 based on the additional contribution from the Maybank cheque processing project.
7 years of contributions from Maybank cheque processing project starting in 2024, elevated currencies in circulation and new revenue segments. Sounded like busy years ahead for Opensys and major trend developing :) Let's keep an eye on its progress quarterly.
two parts, tonytoo2. (1) Meeting the main board listing requirements (2) Exposure to institutional ownership. This is the part where the BOD has to work harder to entice and make it attractive for institutions to participate - growth (revenue and profit) and returns (DY and capital). We have seen the trends of higher DY and now, revenue & profit growth is underway. Hence, my personal expectation of 25M quarterly revenue which will translate to 100M yearly revenue at the min :)
Berapa? I would like to see 25M quarterly revenue starting Q1'24 in order to continue add when opportunity arises. If the results is indeed trending towards higher performance, it shall be a worthwhile wait for long term shareholders :)
That's the wish of the company, T&S. We will know by looking at the top30 shareholdings in the annual report or announcement of new substantial shareholders. Price wise - it has rebounded by ~20% from the recent low of 0.32 :) We will know whether big moves to follow suit from Q1'24 performance :)
@nick.. indeed... this company really needs long time to crawl...maybe there are no any big funds buying it... only those small funds playing.. today suddenly huge selling .. maybe is because of margin call..
now is good entry to buy good growth company paying good dividend... dun worry too much if the company is strong fundamental... only those goreng stocks without fundamental is busy to cut loss....
good catch, Nick.. Now is the time testing how confident investors/speculators are with the company they put in $$... and how much $$ dare to put in when the price is low...
long term investors will hold few years because they believe in the company will continue growing with increasing dividend.. short term players will looks at the chart buy around 0.35 - 0.36 then sell at 0.38 - 0.40.. do it few rounds and collect dividend at the same time.. maybe the outcome will be better.. but once it is real 0.40 breakout.. then no more cheap price after sold...
flushed and completed. waiting confirmation. additionally, lets see whether will history repeats itself :) russia-ukraine, hamas-israel: market rebounded higher within a month from the initial attack. and now iran-israel.
when price is up with huge volume, most of people very confident and rush to buy in, hope can sell higher price..... but when the price is against them, they scare then cut loss...history repeat.. buy high sell low...
so far so good, T&S. Give it another two more weeks and we will know whether history will repeat itself again - market goes higher within a month from the initial strikes in recent war.
hope can drop back 0.355 again... cos everytime drop to 0.355 didn't buy too much..if it drop below 0.35 so still have cash can buy more at lower.. let's see how it goes...
