what is Bursa Malaysia stock Oppstar

Bursa Malaysia stock Oppstar is a semiconductor company that provides IC design services. Here is an overview of the company:

1. **Company Background**: Oppstar was founded in 2014 by three IC design industry experts with the vision to become a preeminent global Semiconductor brand in R&D. The company is headquartered in Bayan Lepas, Malaysia.
2. **Services Offered**: Oppstar offers a full spectrum of IC design services, including IP turnkey design and full-product turnkey design. They have expertise in IC design on advanced process nodes ranging from 28nm to 3nm. The company's core services include analog, mixed-signal, and digital IP/ASIC/SoC design.
3. **Financial Performance**: Oppstar's financial performance has been mixed. The company has had a decline in earnings at an average annual rate of -9.2%, while revenue growth has been positive at an average rate of 17.7% per year. The company's ROE for the trailing twelve months to June 2024, is 8.3%.
4. **Stock Performance**: Oppstar's stock price has experienced a significant drop of 38% over the last three months, however, the company's fundamentals appear decent. The stock's recent support level is at $7.99, and the resistance level is at $8.58.
5. **Industry Position**: Oppstar is one of the few Malaysian companies in the front-end of the semiconductor industry and plays a significant role in ushering in a new era of digitalization with its chips used in various industries including telecommunication, consumer electronics, industrial electronics, and automotive.

In conclusion, Oppstar is a Malaysian semiconductor company that offers IC design services and has been experiencing both earnings decline and revenue growth. Its stock performance has been volatile, but the company's fundamentals are considered decent. The company is positioned strategically in the semiconductor industry, particularly in the IC design segment.