OCEANCASH PACIFIC BHD

KLSE (MYR): OCNCASH (0049)

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Last Price

0.365

Today's Change

0.00 (0.00%)

Day's Change

0.00 - 0.00

Trading Volume

0


11 people like this.

5,314 comment(s). Last comment by solana 13 hours ago

balvin71

1,156 posts

Posted by balvin71 > 2024-02-20 21:03 | Report Abuse

Does anyone have any info on the new non-woven needle punch machinery that has been installed at the factory recently? Info like capacity, potential revenue and profitability of this type of product.

balvin71

1,156 posts

Posted by balvin71 > 2024-02-29 11:52 | Report Abuse

Disappointing Qtr 4 2023 results. Management predicting 2024 will be another challenging year.

balvin71

1,156 posts

Posted by balvin71 > 2024-04-12 09:13 | Report Abuse

https://theedgemalaysia.com/node/707557

Hope this will increase sales in Indonesian.

M55555

1,107 posts

Posted by M55555 > 2024-05-09 17:06 | Report Abuse

Low volume but price movement looks good . Looking forward for coming QR report.

limch

3,287 posts

Posted by limch > 2024-05-14 09:36 | Report Abuse

33 sen cannot go up any more? What for? At least Fintec still up haha.

M55555

1,107 posts

Posted by M55555 > 2024-05-15 16:22 | Report Abuse

Fintec is a gone case. Ocn today sudah up . Be Patient

$$ BUYSELL $$

1,720 posts

Posted by $$ BUYSELL $$ > 2024-05-16 08:46 | Report Abuse

get ready

balvin71

1,156 posts

Posted by balvin71 > 2024-05-30 20:13 | Report Abuse

Based on the quarterly results Q1 2024, it looks like there is a delay in any possible turnaround.

Note B1, there is a delay in the start of spunlace production.

Additionally, it looks like all is not well in Indonesia. Even after making substantial investment in cross lapping and vertical felt production lines, quarterly sales are lowest since Q4 2020.

Revenue in Thailand has not shown any improvement. Sales of only RM3.1 mil, significantly less compared to sales in Q4 22 when sales was RM5.7 mil.

Michael Kwok

6,476 posts

Posted by Michael Kwok > 2024-06-18 10:57 | Report Abuse

Sell call oceancash 40 cents
Let see buy on 20th of june.surprise coming.
18/6/24 10.57am

Nepo

3,447 posts

Posted by Nepo > 2024-08-01 16:16 | Report Abuse

turbulence ahead..hold tie tie..

Stead

170 posts

Posted by Stead > 2024-09-09 20:21 | Report Abuse

Always have huge volume kick in but price hardly move… accumulation or wash out weak players?

solana

7 posts

Posted by solana > 1 week ago | Report Abuse

After having a look at the quarterly result, this company is doom.

balvin71

1,156 posts

Posted by balvin71 > 23 hours ago | Report Abuse

Pump and dump. Agree with Solana that the quarterly results not good. I won't go as far to say doom, only have a long way to go. At the insulation division, despite spending on new machinery in Indonesia and new factory in Thailand, the sales in both countries is way below its peak. The hygiene division, still has not turned around even after introducing new products. I had sold my shares when it went up recently. Will monitor, maybe around RM0.30 can consider going back in.

solana

7 posts

Posted by solana > 13 hours ago | Report Abuse

They should just shut down the non profitable oversea operations. Luckily still pay half sen of dividend this year.

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