Chart movement will never be good this coming Monday. Dow jones crashed steeply 603.41 points. Ocncash below 0.500 again.
A nightmare !

Dow acted more injury. Dropped 603.41 points.

Telorkop. Tourism at its worst for genting. And so cheap price, Lkt and associates not buying back, prices will crashed steeply

Big volume supporting at 5.50 was gate crashed. Wow the sellers dominated. Where is lkt and members? So cheap dont want to buyback? Habis telorkop!!!

This year another jinx for genting again. Who wants to go to cold places like genting now. Coronavirus is at its peak momentum to spread extensively in cool places luke in Wuhan.

Buying and queing volume sometimes are withdrawed

I knew who are the buyers at 0.820 sen. They are the ones whom enticed more unsuspected buyers. Beware as it is dropping daily

Go to genting so cold. The virus is stronger when cold.

So many good news. Ocncash will rebound strongly tomorrow.

Huat-ah

Hmmm... who was in this forum when the price was about 0.400 sen. Not many. The price was a laggards and a disappointment. Now I am glad this forum is active again. Anyway, happy 1st year anniversary klse mainboard to Oceancash. I shall post news and moves in the makings soon.

Yes. Everyone's happy to make profit

Who bought 0.82?

Lkt and members, price is cheap now, why no buy back now? Unless, lkt and members are selling too

Telorkop genting. Already waited for visit malaysia year and niw coronavirus outbreak is scaring away tourists from all over the world, especially from China.

Oceacash involves in wide ranges of hygiene manufacturing of diapers, sanitary napkins, wet wipes, surgical apparel, caps, masks and gowns. It will significantly boosts it sales due to the widespread of coronavirus.

Oceancash Pacific Berhad, together with its subsidiaries, is engaged in the manufacture and trading of non-woven products and thermobond felts for thermal and acoustic applications in Malaysia. Its products are used in various applications, including the interior and exterior trims of automobiles, and noise damper for the compressors and outdoor units of split unit air-conditioners, as well as insulation in buildings including roofs, ceilings, walls, partitions, and floors as carpet underlay. The company is also engaged in the manufacture and distribution of thermobond and airthrough nonwoven cloth and polyethylene film for hygiene applications, which include top and back sheet of diapers and sanitary napkins, and wet wipes, as well as surgical apparel, such as caps, masks, and gowns. In addition, it produces laminates of nonwoven and PE films for various applications. Oceancash Pacific Berhad is headquartered in Bandar Baru Bangi, Malaysia.

Dear underhand, it was not a underperforming stock, ocncash was under consolidation. Ocncash will always be a darling superd stock. Happy first (1st) anniversary year to the mainboard.

Kindly check with your remiser or finaincial consultant

For your info, genting was a cash rich company before. No debts

Lkt and members bought huge volume. I got the feeling they have to liquidate to obtain profit. Remember, genting is a debt ridden company now

Lkt and membets not buying. Or maybe they possibly selling spree now

How I wonder this debt ridden genting bhd, that if lkt and members do not support its price, the price would have crashed very low. Can be very dangerous counter like BAT.

Oceancash - Seas the Opportunity
Author: kltrader | Publish date: Fri, 3 Jan 2020, 9:36 AM

We remain positive on Oceancash’s (OCP) business outlook after our recent meeting with management. We continue to like OCP, considering the i) favourable growth prospects in the hygiene’s nonwoven segment, ii) steady contribution of foreign felt sales from Thailand and Indonesia, as well as iii) strong management team with in-depth technical know-how. At 10x 2020E PER on the back of a projected EPS growth of 33% for 2020E, OCP’s valuation looks appealing. We reiterate our BUY call with an unchanged price target of RM0.61. This note marks a transfer of coverage.
Foreign Felt Sales to Drive Insulation Segment Growth
Profitability of the insulation segment was flat in 9M19 despite higher felt sales (+6% yoy) as this was largely offset by weaker PBT margins (-1ppt to 18.7%, exacerbated by adverse forex movement in 1H19). Prospects wise, we believe the increasing contribution from Thailand and Indonesia

(foreign felt sales accounted for c. 61% of 9M19 insulation revenue) should be more than sufficient to cover for the expected shortfall in local felt sales (est. 2020 TIV forecasts lower by 1% to 590k units).

Insulation Felt Plant in Thailand Should be Ready for Action by 2H20
Elsewhere, construction of the felt production facility in Thailand remains on track to be completed by 2H20, and OCP is planning to relocate one of its two existing Malaysian production lines to tap into 1) the strong demand for resinated felt and 2) increase utilisation of excess capacity (current utilisation rates: est.50%). Locally, we understand OCP has been supplying felt to Proton refreshed models (ie. Saga, Iriz and Persona), and with this track record, the company is hopeful to participate in the Proton Complete Knocked-Down (CKD) X50 supply chain moving forward. We think OCP may give the CKD X70 contract a miss due to unfavourable pricing, similar to our observation of other auto-parts players.

Hygiene Segment’s Margins to Benefit From Cheaper Resin Cost, …
Outlook for the hygiene segment still looks promising - 9M19 PBT rose by 10% yoy to RM2.5m, on higher revenue (+1% yoy) and improvement in PBT margins (+0.5ppt to 6.1%). We believe the cheaper resin cost (est. 80% of hygiene’s raw material costs) will likely see an uptick in hygiene’s margins in the coming quarters.

Source: Affin Hwang Research - 3 Jan 2020

Lkt buying not strong enough to combat foreign selling? Disappointed !

Afternoon go up?

Hi morning, share my thoughts. Lkt and gang have to buy to accumulate and shine Genting . Pricing has to be solid to bid and gain enormous confidence for the Japan casinos.

Lkt & the gang, what happened? Despite buying still in negative territory today.

If no kien huat & lims, genting share price is very much in negative territory. Hopeless counter. Worried it might be removed from the klci blue chip index due to its downgrade.

1st anniversary at mainboard soon

Volume too low today. Possibility ken huat & lims halt buying already. Sellers waiting to sell higher prices.

Kien huat & lim investing also not strong enough. Goreng lah garang garang.

Excellent news. These insulation sector, coupled with hygiene manufacturing & investment holdings wii further reckon solidarity & ennormously contribute significantlty to OCN.

Lim top-up not enough. Boh lat. Lim can use funds from empire resort. Push up higher so everyone happy

RainT, you commented good result also cannot go up. Bcos genting is not a fundamental casino stock anymore. It is now
called "Chiak nang kai lui" stock. A casino stock worried you dont play their stock. So they make their stock look attractive to fly but you will get caught again and again. Out of 20 times, you win only 1 time. You better watch out.

Intense foreign funds selling for the 4th consecutives week. Gonna wait much the next couple of days to buy cheap sales.

6.10 taken for a ride

Going downwards

Welcome to another new low. So I can buy again

7yes, one day. Very common to catch contra players

If Batman is invited, dont forget Robin. Let celebrate, so all can invest later at cheaper price

Lkt can buy Tranquility thru genm. He has bought Empire Resort thru genm too. Then, RM billions being wiped out from the market again. Then tp will be much lower at comfortable for many to buy. Lkt is unpredictable and has done it before; and he can do it again.

Dragontiger, u r teally supertitious. It just plain timing that gen went down, and I commented. Both local and foreign investors dumped the shares aggressively after the annoucement of empire purchased. Sorry to offend anyone; but the fact is real fact. Just be cautious, as lkt can make another wrong moves again. Good luck.

What is the point of 6.5 dividend where else the principal has gone down by big margin due to the untoward sale of empire resort? You want principal price to appreciate high or a sweetener of 6.5 sen? Anyway, it will takes years for foreign funds to pick up genting again due to its disparaging purchase of empire resort. The purchase has made Genting is no more a fundamental stock anymore. Cashing out more money to purchase empire resort was a very huge mistake indeed. Touch our heart and ask ourselves. Did the price really go up or down after the purchase?

Genting kena being sued. No transparency. Shareholders in the dark on the sale of empire resort via thru genm. Annoucement came only with RM billions wiped in one single trading day. Shareholders' responses were infavourable & negative outlook. Genting boleh but at the expense of shareholders and receded price.

Aiyo. 5.62 now.

Family feuds begin with money & shareholding disputes. Father lgt no more but children becomes money face. Just like lkt sold empire resorts. Nobody inthe wirld wants to buy it. But genm was to buy empire resort by hook or crook. Billions wiped from the msrket in one trading day? IS THAT GOOD? LKT LOVES HIMSELF ONLY

It stated with lkt bought loss making empire resort. It was a blunt move that cause billions wiped out from the market. Why can't lkt buy back its own shares now????? He is opposite of his father lgt

Habis telekop.

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