History will repeat again ... same goes to the price of oceancash. Like it or not, fundamental blue chips of klci also registered lower prices due to market downturn.
Stock market situations going bad to worse, so vroom to sell. Klci seems under free fall with small retail and local institutional lending weak support. But foreign funds are bigger nett sellers. Foreign funds were liquidating more everyday. And I don't know when the sellings will halt. Othewise we are not seeing the bottom yet. Be more cautious. We are seeing a bear market. Good luck.
Russia reported its first two cases of coronavirus last friday and total number of 236 people have been examined for the suspected virus. Following these incident cases, predictably both specialist&healthcare providers' demand for Ucrest own I-Medic product (online healthcare software ) would be surged largely in preventive of coronavirus transmission via face-to-face. As Russia being the largest client of Ucrest group who contributed almost 60% of revenue in preceding year, the short term revenue and PAT would be improved with stronger oversea market sales for incoming Qr result
I am still holding despite 82 cents, I didn't sell because I believe it worth more than 82 cents.
I anticipated better news coming the way for OCNCASH. I take it that the last price spiked up is advertisement like Daily8 said because this company is worth more based on my opinion.
last Q NAB is 0.406 with PE ratio of 22.8.
Their new factory in Thailand will start the production soon and looking at the currect escalate demand for masks and hygiene disposable medical attire, on set with felts for automobiles, I am extremely positive that the coming quarters will increase by at least 50% compared to previous quarter especially 3rd and 4th quarter.Called me optimistic or whatever, OCNCASH is on tandem with the world pandemic and transportation demand.
So who are the stupid ones who bought over the shares that went up to 82 c and came down all the way to 53 c now? Why didn't they wait for 42 c since it's coming down even the blind also know can wait right?
MANIPULATIONS is the factor!....syndicates are pushing the prices higher but at the same time offloading, in return when average rate those syndicates still made those profits!...did u notice the volumes when it went up till 82s?...did u ever seen such volumes b4?...did the company made huge profits quarters after quarters?...the answer?...no no no so just do your own judgements.......this not a buy /sell call !!! final decisions are YOURS!!....to those still stuck, best of luck!
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
sitia
1,261 posts
Posted by sitia > 2020-02-02 14:04 | Report Abuse
Foreign funds will definitely look into this company and prove it won't be long.