OCEANCASH PACIFIC BHD

KLSE (MYR): OCNCASH (0049)

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Last Price

0.405

Today's Change

+0.005 (1.25%)

Day's Change

0.395 - 0.405

Trading Volume

3,691,000


11 people like this.

5,311 comment(s). Last comment by Stead 2 months ago

Posted by littlefish90 > 2020-08-26 16:33 | Report Abuse

qr maybe out today?

Posted by justaikanbilis > 2020-08-26 16:41 | Report Abuse

I'm still not sure either today, tomorrow or Friday.

Posted by littlefish90 > 2020-08-26 18:59 | Report Abuse

kingcobra@qr will good?

Kevin Tam

540 posts

Posted by Kevin Tam > 2020-08-26 21:13 | Report Abuse

Even Kossan n Harta quarterly profit not so good , still maintain their share prices; it looks like 60-70%-80% of the retail investors trust target prices of investment banks / research houses very much....:)

KINGCOBRA

550 posts

Posted by KINGCOBRA > 2020-08-26 21:29 | Report Abuse

@littlefish90 have confident with OCN!

darkangell

286 posts

Posted by darkangell > 2020-08-27 12:26 | Report Abuse

Goreng like this get burn. Bought above 1.00 die

Underhand

653 posts

Posted by Underhand > 2020-08-27 13:08 | Report Abuse

No worries, it will be back. Just hold tight

Kevin Tam

540 posts

Posted by Kevin Tam > 2020-08-27 15:14 | Report Abuse

Dark angel, bought any glove counters??

Posted by birkincollector > 2020-08-27 17:41 | Report Abuse

this bad results...u guys sure its beneficiary of covid??

darkangell

286 posts

Posted by darkangell > 2020-08-27 19:05 | Report Abuse

Kevin Tam, Yes glove counter also bought but trade in out

Posted by RealTrader > 2020-08-27 19:48 | Report Abuse

Not a fantastic quarter result but better than loss. Next Q should show a better result due high demands in non woven production and 2nd Q is heavily affected by mco in Malaysia and Indonesia.

koowakzai

251 posts

Posted by koowakzai > 2020-08-27 19:57 | Report Abuse

So much hype from ocncash on mask. But result show otherwise. The truth is mask only contribute 1%. This stock is pure goreng.

Posted by OneSmallStep > 2020-08-27 21:16 | Report Abuse

Malaysian market is quite crazy...profit making counters sideway or not much increase(e.g. MMC), PN17 counter tripled in price (e.g. KTB)...
This craziness means hope is still there even if performance far below expectation. Cheers..

Kevin Tam

540 posts

Posted by Kevin Tam > 2020-08-27 21:40 | Report Abuse

It looks like the quite bad result being affected by its insulation segment n hygiene- non woven fabric segment should be about 40-45% of its revenue .... many manufacturers also only half capacity during April month ( MCO) ?

Kevin Tam

540 posts

Posted by Kevin Tam > 2020-08-27 21:40 | Report Abuse

It looks like the quite bad result being affected by its insulation segment n hygiene- non woven fabric segment should be about 40-45% of its revenue .... many manufacturers also only half capacity during April month ( MCO) ?

upANDup

8 posts

Posted by upANDup > 2020-08-27 22:03 | Report Abuse

Compared to another non woven producer TekSeng which has better fundamentals (way higher PAT) but share price for both is around the same. TekSeng will rise high!!

Posted by Michael Yeo > 2020-08-27 23:00 | Report Abuse

Unpredictable. Loss so much. Lots of liquidation tomorrow. Best of luck to ocncash investors

tonypang01

102 posts

Posted by tonypang01 > 2020-08-27 23:07 | Report Abuse

Tekseng(TS) Vs OcnCash r same price n movement up OcnCash r run faster, reality is TS earning r much better n I believe if continue increase the EPS ultimate real investor will be come in

EPS is still the key and back to basic

Kevin Tam

540 posts

Posted by Kevin Tam > 2020-08-28 07:18 | Report Abuse

Tek Seng was making losses in last year n Tek Seng started to show much better quarterly profit in latest quarter only , Tek Seng should have sold of / reduce exposure to one of the segments which making losses in last year, guess so ; for Oceancash, its insulation segment ( related to automotive industry) was badly hit during March to June , should be one of the main factor that latest quarterly profit can’t even reach RM1 mil ...

KINGCOBRA

550 posts

Posted by KINGCOBRA > 2020-08-28 08:57 | Report Abuse

control your emotions today....

Posted by littlefish90 > 2020-08-28 09:14 | Report Abuse

kingcobra@you still hold?

apailfx

12 posts

Posted by apailfx > 2020-08-28 09:30 | Report Abuse

price above support.relax..

apailfx

12 posts

Posted by apailfx > 2020-08-28 09:34 | Report Abuse

this month candle close the gap.

KINGCOBRA

550 posts

Posted by KINGCOBRA > 2020-08-28 09:36 | Report Abuse

@littlefish90 I am still keeping tightly and one hundred percent confident with this counter!

Posted by OneSmallStep > 2020-08-28 09:51 | Report Abuse

@KINGCOBRA I m with you...

KINGCOBRA

550 posts

Posted by KINGCOBRA > 2020-08-28 09:59 | Report Abuse

guys it is our markets sentiments not so good for the past few days....it will rebound back strongly ...look at Dow Jones ...very stable now till their election in November 2020!

Posted by thetrueinvestor > 2020-08-28 10:11 | Report Abuse

dissappointing QR, sell PPE sell until less profit.

Posted by thetrueinvestor > 2020-08-28 10:11 | Report Abuse

sad, trap at 1.35

Posted by thetrueinvestor > 2020-08-28 10:15 | Report Abuse

play normal counter can earn, play PPE counter in fact lost money. hayzz. take it as lesson

Posted by PositiveGreen > 2020-08-28 10:47 | Report Abuse

so low trading volume. looks like genuine investors are confident 3rd Q results gonna be superb. taking this opportunity to collect more.

KINGCOBRA

550 posts

Posted by KINGCOBRA > 2020-08-28 12:09 | Report Abuse

big funds trying to push around with klci index in order to buy cheaper price...when index dropped a lot, investors panic sellers dump whereas big funds collecting happily ...I noticed it happening for the past few days

Kevin Tam

540 posts

Posted by Kevin Tam > 2020-08-28 12:30 | Report Abuse

If average cost per share above RM1-1.10, mean bought at high level , wait for below 74-75 cents, to collect some to average down your cost per share... This company has fundamental n not only for speculative play ... It still producing non woven fabric more than any listed companies in Bursa...

Posted by Stock Geeks > 2020-08-28 14:06 | Report Abuse

Selling best products during MCO also less profit, balik tidurlah.

lee_m2020

4,828 posts

Posted by lee_m2020 > 2020-08-28 14:20 | Report Abuse

PPE is like sugar salt flour... cannot sell expensive maaa...

lee_m2020

4,828 posts

Posted by lee_m2020 > 2020-08-28 14:21 | Report Abuse

Errr do they sell ppe or donate ppe btw??

Posted by thetrueinvestor > 2020-08-28 14:28 | Report Abuse

they sell backside

Posted by thetrueinvestor > 2020-08-28 14:28 | Report Abuse

tats why no untung

Posted by PositiveGreen > 2020-08-28 15:12 | Report Abuse

Quote:

"We believe the 2Q20 results will be sequentially weaker, considering the insulation segment had halted productions and the hygiene segment was operating at minimal capacity between April to Early-May 2020 to adhere with the Movement Control Order protocols. Moving past 1H20, OCP’s 2H20 prospects will likely improve."

Posted by PositiveGreen > 2020-08-28 15:13 | Report Abuse

very obvious profits only will show in 3Q20 onwards

Posted by Michael Yeo > 2020-08-28 16:27 | Report Abuse

Dont complacent yourself and others. Only if you are god POSITIVE GREEN. Be vigilant. At this pandemic times, if ocncash dont make profits, definitely hopeless. TAN SIEW CHIN & OTHERS DISPOSED THEIR SHARES THEIR SHARES FROM 10 JUNE 2029 TO 4 AUGUST 2020 AGGRESSIVELY. IF YOU BUY YOU GONNA HOLD FOR A LONG TIME.

KINGCOBRA

550 posts

Posted by KINGCOBRA > 2020-08-28 16:31 | Report Abuse

Michael, I think u have sold all your shares here so no further comments from u please!

Posted by Arsenewenger8383 > 2020-08-28 16:32 | Report Abuse

Guys.. something boiling.. local cases.. wait for announcement today..

Posted by Michael Yeo > 2020-08-28 16:47 | Report Abuse

KINGCOBRA, If we follow what Tan Siew Chin & other directors disposing shares the last one month, we are merely following the ocean tide. Follow the big bosses and we act safely. They buy we buy. Otherwise we loose to the big funds if we are against the ocean tide.

Posted by Michael Yeo > 2020-08-28 17:04 | Report Abuse

KINGCOBRA, this is a forum. Sorry to offend you or others. Facts is fact. Everyone has every right to their respective own opinion.

Posted by PositiveGreen > 2020-08-28 17:24 | Report Abuse

MichaelYeo, as you mentioned everyone has every right to their respective own opinion, then why do you want to be a hypocrite?

All forum has a rule not to ridicule one another.

Why do you simply accuse i am complacing myself and others?
And trying to make me aware that i am not God?

This is very rude words that has no purpose except an expression telling a forummer that you are God and you are not giving the right to a specific person to give his own opinion.

You may disagree, and just keep it to yourself. Or, you may just share your facts and let everyone else know your opinion.

You don't have to ridicule others opinion and follow up with letting everyone knows you are a smartass.

If you want to talk about God, this is where God visits you and teach you a lesson very soon.

Posted by Michael Yeo > 2020-08-28 17:27 | Report Abuse

Amen. God bless you positivegreen

Posted by PositiveGreen > 2020-08-28 17:34 | Report Abuse

Michael, You are so smart then why aren't you managing the resort?
Why condemn LKT action and tell everyone to sell their Genting shares?
You know the real reason? You know a better solution?
Are you God?


Posted by Michael Yeo > Aug 27, 2020 11:07 PM |

LKT bought empire resort was a bad deal. And with these latest bad news, still giving devidend? They hope dont sell and reward devident. Stupidity at its lowest level. Sell sell sell !!!!!!

https://klse.i3investor.com/servlets/forum/800000520.jsp?ftp=413

Posted by Michael Yeo > 2020-08-28 21:16 | Report Abuse

NegativeGreen. You are so disappointed individual. Why buy so high of ocncash but its your solely own decision. You are angry at me for correcting you. Now you wish next quarter result to be good. Wish you good luck. But ocncash might tumble to 0.500 sen. Adios!!!

Posted by Michael Yeo > 2020-08-28 21:20 | Report Abuse

Btw, your name should change to negativegreen. Pity for your investment loss in ocncash. Better luck next time.

darkangell

286 posts

Posted by darkangell > 2020-08-29 13:56 | Report Abuse

Everyone becareful la...if wan to invest in PPE
Share. Dun stay at high. U easily get burn.
Especially newbies. Don't lose ur hard earn money.
It's too uncertain.

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