as long price above support level, uptrend remain, 

Day 36 of Fundamental Daily, YAPSS will be covering Opensys (M) Berhad's fundamental via a short animated video. I hope it helps and please enjoy the video, see ya! #YAPSS #FundamentalDaily #OpensysBerhad

Click the on the link to find out more: https://www.youtube.com/watch?v=Uu-lDarLOI0

Opensys – has the market has over-reacted

Opensys share price has come down from its past 3 years high. Is the market thinking that  that the company no longer has business prospects?

Opensys is an IT solutions provider that derive the bulk of its revenue serving banks with its cash and cheque processing equipment. With the growth digital banking, would might think that it is in sunset sector. But while growth may be challenging, cash and cheques processing will not disappear overnight.

The analogy is like thinking that retail outlets will not longer be relevant given the advent of digital commerce. But as the mall and shopping centres are still with us.

So any expectation that Opensys will go the way of the media sector in the next year or so is probably overblown.

The company is still one of the better performers in the software and IT services sector. And there is also a good margin of safety. I would have thought that this is a goldmine for the value investor.