Posted by Daily8 > 2020-01-31 09:47 | Report Abuse

moneyfind Something weird about this stock transaction...
31/01/2020 9:24 AM

what is weird?

Posted by Secret > 2020-01-31 10:39 | Report Abuse

Let move up to 0.65!+!

Posted by rocket > 2020-01-31 10:44 | Report Abuse

Money find, nothing weird. Just banker buying and selling. To create the momentum of buying while disposing their shares to u.

Posted by Daily8 > 2020-01-31 10:48 | Report Abuse

rocket, wouldn't brokerage fee a concern for them to create the buying and selling momentum?

Posted by rocket > 2020-01-31 11:30 | Report Abuse

Not at all... U will be surprised some of them are just working at 'investment bank' with very low or even zero fee. Moreover, if u hv already made a bungalow why are u worry about money u spend for housewarming

Posted by EngineeringProfit > 2020-01-31 11:32 | Report Abuse

Agree

Posted by Secret > 2020-01-31 11:37 | Report Abuse

Buying above 70c have to cut loss?

Posted by ahbah > 2020-01-31 11:39 | Report Abuse

Coronavirus Live Updates: Deaths Surpass 200, and State Department Urges Against Travel to China

Deaths increasing lah day by day

Posted by Secret > 2020-01-31 12:00 | Report Abuse

Share price decreasing day by day

Posted by rocket > 2020-01-31 12:09 | Report Abuse

Secret, Oceancash will take months to recover. But, current price is not worth selling provided u won't get heart attack seeing the price drop for a few cents more.

Posted by ahbah > 2020-01-31 12:11 | Report Abuse

Forty-three more coronavirus deaths in China were announced early Friday, bringing the toll to 213.

Posted by EngineeringProfit > 2020-01-31 12:20 | Report Abuse

Sincere and honest investors are pissed off with our gomen. Bursa only attracts scammers and gamblers.

(Want to invest, go US)

Posted by Daily8 > 2020-01-31 13:25 | Report Abuse

You guys need to learn to stay calm.

First, ocncash, DO NOT PLAY CONTRA.

Second, better hold with your own CASH. NO MARGIN, NO USE CREDIT CARD MONEY OK

Third , death toll on the rise. CORONAVIRUS already declared by WHO EMERGENCY. MEANING, more strict sanitary and hygiene required, quarantine is a MUST to prevent the spread of CORONAVIRUS.

4th, the mask and gloves manufacturing has come into ASIA especially MALAYSIA and production is expected to rise.
I hope OCNCASH can think of starting mask production soon.

5th, price movement at the moment is considered healthy correction. 2 days corrected with strong buyers coming in is a good sign. Whoever have bought at 52 cents or lesser already made more 50% profit , and that is EXTREMELY GOOD.

Wait for wave 2 to comes in.

CORONAVIRUS still A LONG WAY TO GO!

Posted by Daily8 > 2020-01-31 13:27 | Report Abuse

Another note to take seriously,

US TREASURY YIELD RATE have formed a inverted curve which is not a good sign for the whole market condition.

If persist, market are slowly moving into the 20% correction mode. Do not get caught up with margin call please.

No money DO NOT TRADE. BE WILLING TO HOLD AT LEAST 2 YEARS.

Posted by EngineeringProfit > 2020-01-31 13:29 | Report Abuse

Agree

Posted by Michael Yeo > 2020-01-31 14:47 | Report Abuse

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

Posted by Michael Yeo > 2020-01-31 14:48 | Report Abuse

Buying and queing volume sometimes are withdrawed

Posted by EngineeringProfit > 2020-01-31 14:48 | Report Abuse

(I declare honestly that I am not holding any lot here)

Posted by 7skies > 2020-01-31 15:08 | Report Abuse

people start buying woahh!!! Buy3x!

Posted by Daily8 > 2020-01-31 15:11 | Report Abuse

The company look like heading to announce some news!!!

Posted by rocket > 2020-01-31 15:11 | Report Abuse

Aiya, sit and relax see how banker dancing on the floor

Posted by Daily8 > 2020-01-31 15:13 | Report Abuse

Hope can close 62 today

Posted by rocket > 2020-01-31 15:25 | Report Abuse

Haha Haha,

Posted by rocket > 2020-01-31 15:37 | Report Abuse

Those bought at 40+cts one should be happy dy.
62cts?abit optimistic LA.

Posted by Secret > 2020-01-31 15:44 | Report Abuse

Let move up to 65c first!

Posted by rocket > 2020-01-31 15:51 | Report Abuse

Daily 8, all are hard earned money LA. For those Newbies, just be careful.

Posted by Daily8 > 2020-01-31 16:03 | Report Abuse

rocket, u need to see the chart carefully. 42 c volumes are extremely low.

Posted by Daily8 > 2020-01-31 16:04 | Report Abuse

rocket, your money is hard earned, mine isnt ?

what are u trying to say here?

Posted by rocket > 2020-01-31 16:06 | Report Abuse

What announcement are u talking about?
What is your intention,?

Posted by rocket > 2020-01-31 16:10 | Report Abuse

Gap up, then flush down. Creat fake big volume of support then flush down. Swing up then flush down... How many rounds dy?

Posted by Secret > 2020-01-31 16:19 | Report Abuse

Daily8 & rocket, how much you bought?

Posted by Daily8 > 2020-01-31 16:20 | Report Abuse

Malaysia this morning has announced thru gloves maker to contribute 18mil gloves to Wuhan.

Posted by 7skies > 2020-01-31 16:38 | Report Abuse

last minn.. sapuuuu!

Posted by rocket > 2020-01-31 16:55 | Report Abuse

Haha! Banker will love u sapuing !

Posted by Daily8 > 2020-01-31 17:22 | Report Abuse

Don't buy firstlah. Chart movement not good yet.

Posted by Michael Yeo > 2020-02-01 06:06 | Report Abuse

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

Posted by Michael Yeo > 2020-02-01 06:16 | Report Abuse

Flight suspended. Gonna hurt every country especially China

Posted by gsi723 > 2020-02-01 10:33 | Report Abuse

stay safe... health is wealth..

Posted by Daily8 > 2020-02-01 12:41 | Report Abuse

New resistent is 82.
Current support is 56
support 2 : 53
The rest, u figure out

Posted by thesteward > 2020-02-01 12:55 | Report Abuse

Caution

Posted by kingb > 2020-02-01 17:09 | Report Abuse

The volume is certainly weird. How can so much volume trade at top, while there’s no volume at bottom.

Posted by Daily8 > 2020-02-02 11:01 | Report Abuse

BE PATIENT moneyfind...

Posted by Daily8 > 2020-02-02 11:01 | Report Abuse

No patient. better don't touch this stock.

Posted by GooShem > 2020-02-02 11:16 | Report Abuse

tp 1.

Posted by Michael Yeo > 2020-02-02 11:58 | Report Abuse

Daily8, u r a senior player with much patience in this stock. Syabas! I guess u have liquidated this stock.

Now, food your thought. Ocncash was about 0.420 sen when the klse index was hovering between 1550 abd 1600 points. Today the klse index was at 1531 points; and theoritically this stock should be valued less than 0.420 sen. Beware !!!

Posted by yeohuangjin > 2020-02-02 12:03 | Report Abuse

Tomorrow we see 0.5

Posted by Michael Yeo > 2020-02-02 12:18 | Report Abuse

Remember, selling is at its highest strength and dominance over buying tomorrow; as dow jones has gate crashed steeply more than 600 points last Friday.

Posted by Michael Yeo > 2020-02-02 12:29 | Report Abuse

Ocncash registered very low volume everyday; except 28 Jan onwards. Volume is big and I wonder foce selling is bigger when market gate crash tomorrow.

Posted by kingb > 2020-02-02 12:38 | Report Abuse

The great prophet. Momamiya.

Posted by sitia > 2020-02-02 14:01 | Report Abuse

Few pointers to look into.

1.FELT division.
manufacturing of resinated felts and thermoplastic felts for heat insulation and sound insulation which include but not limited to; interior and exterior trims in automobiles, noise damper for compressors of split unit air conditioners as well as insulation in buildings including roofs, walls, partitions, and carpet underlay.
Main clients are Proton. ( Pesona, Iris, Gen) ordered from Ocncash.
+
+
Upcoming opportunity:
Thailand Factory is set ready by the next half year 2020. Order book expected to increase.

2. Hygiene division.
Non-woven. The huu-haah recent outbreak in Wuhan injected the euphoria in the shares.
3. The virus outbreak set a fabulous advertisement to attract investors from foreign funds.
4. Last year, Ocncash uplifted from ACE market to MAIN MARKET.
+
+
upcoming opportunity:
1.Big client of Ocncash have increase their order by 25% compared to last year.
2. The Asia hub set to be in Asia to cater the massive production of the hygiene products. ( inclu. sanitary pads, baby diapers, wipes, masks, etc)
3. Virus outbreak served a good exposure to this company because the demand for masks especially during CNY in China which failed to deliver the aggressive amount of masks required.
4. Gov will stand-by the hygiene demands for masks in larger scales and be prepare for next virus outbreak should happened again. I guess will happen again and again based on historical outbreak since year 2003.
5. We are talking now about China. We forgot other countries like Japan, Canada, G. Britain, America will need the necessary precaution especially mask and medical outfits.

OCNCash
1. Nett gearing =zero
2. Low EBIT and increase working capital ratio
3. Lower inventory cycle compared to last quarter uptodate
4. Growing profit and revenues. ( except tax deterrent on last quarter dur to higher taxation)
5. No debt- HIGH NETT CASH COMPANY