All Comments on OPPSTAR Reload

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JUNWEE WONG
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Be careful, something very unusual. Must go down below RM0.90 soon
Stanley Tang
Anything can happened in market share, most important thing is when price comes to 0.76, don't ah ci ah zo said profit slip blah blah blah reason but dare not buy, just close your eyes when price reach.
Like · 1 day · translate
siochuo hii
Ok boss
Like · 19 hours · translate
Alex Chan
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0.410×0.618-1.280=1.030
1.040 1.050 开始买入
看坐商务舱还是经济舱
Boo man
run d. wait 70 cents. falling knife
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Alex Chan
OK 。。。。。。。。。。。。。。。
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丁蟹1984
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Updates by UOBKH post QR in Feb 2024:

• 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.
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丁蟹1984
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别人恐惧我贪婪。是时候抄底。
Stanley Tang
1 Like · Reply
PE stand at 35.80 consider high, my acceptable PE at 25, which the price at 0.76
siochuo hii
Ok boss
Like · 2 days · translate
丁蟹1984
1 Like · Reply
感觉上要起飞了。坐稳了各位。。
siochuo hii
Ok boss
Like · 1 week · translate
Teong Poh
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if skyechip goes for the same layout biz as Oppstar , I will bet on Oppstar as I believe Oppstar have lower cost structure and better proven track record
荣杰
Buy then sell back … lol…
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Andy Yeoh
这股里面有妖。。。。。
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Teong Poh
2 Like · Reply
if another one or two qtrs profit also at 4 millions, it is not high growth, thus PE of 40 is too high. let's see
ivyconan em
employee is basically this company assest . they don't need fancy office or big factory .
Like · 3 weeks · translate
siochuo hii
Skyechip IPO 2025.
Like · 3 weeks · translate
ivyconan em
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qr will be out today
hope for the best
ivyconan em
the recent large drop in the oppstar share price proof that this is just a false alarm
business still running as usual
Like · 1 month · translate
siochuo hii
Ok boss
Like · 3 weeks · translate
Nonoxo nonoxo
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Go go go oppstar
siochuo hii
Ok Boss
Like · 1 month · translate