OCEANCASH PACIFIC BHD

KLSE (MYR): OCNCASH (0049)

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Last Price

0.385

Today's Change

-0.01 (2.53%)

Day's Change

0.385 - 0.385

Trading Volume

14,000


11 people like this.

5,309 comment(s). Last comment by Michael Kwok 4 weeks ago

Leonardo12

178 posts

Posted by Leonardo12 > 2020-03-02 09:22 | Report Abuse

Have anyone checked if the non-woven materials are from China? Or from Malaysia?

KINGCOBRA3

550 posts

Posted by KINGCOBRA3 > 2020-03-02 09:40 | Report Abuse

ha ha ha....looks like going down the drain to 40s next couple of days and not surprising break 39s soon with these sorts of market condition!

firerain

297 posts

Posted by firerain > 2020-03-02 22:13 | Report Abuse

quite steady today.hopefully move up when market condition improve.

firerain

297 posts

Posted by firerain > 2020-03-02 22:15 | Report Abuse

i still believe there might be another rally if covid 19 lose control,as ocncash have extra 25% capacity to cater rising demand from mask manufacturer.

Posted by Michael Yeo > 2020-03-02 23:07 | Report Abuse

Ocncash commented that price of non woven fabric rose 1,100%. However, this does not mean the increased will reflect more profit for ocncash; as it needs to purchase RAW MATERIALS at higher cost of 1,100% due to global shortages. I dont anticipate the price of this stock should go up due to poor 4th quarter result.

firerain

297 posts

Posted by firerain > 2020-03-03 16:56 | Report Abuse

non woven rose by 1100% doesn't means RAW MATERIALS rose 1100% too.in fact,the price of resin was drop sharply by 4th quarter last year.so far in 1st quarter,resin price had rebound a bit but remain at weak level since the demand is weak due to plastic usage is dropping.

firerain

297 posts

Posted by firerain > 2020-03-03 16:57 | Report Abuse

wow,closed at 48 cen.

firerain

297 posts

Posted by firerain > 2020-03-03 16:58 | Report Abuse

with covid 19 worsen globally,the sentiment should pick up in coming days.

Yeoh Andy

96 posts

Posted by Yeoh Andy > 2020-03-03 21:30 | Report Abuse

Tomorrow hopefully can break through 0.50

Daily8

3,858 posts

Posted by Daily8 > 2020-03-04 00:28 | Report Abuse

Crude oil price is low and will contribute to cheaper resin used to produce non woven.

IF ocncash produce non woven material, then they will reflect good profit in the next quarters.

But if they import non woven materials from other countries , then non woven price increase will eat into the company's profits.

Value9

256 posts

Posted by Value9 > 2020-03-04 09:13 | Report Abuse

yes ocncash. I believe u can fly .

Value9

256 posts

Posted by Value9 > 2020-03-04 09:22 | Report Abuse

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) 。

KINGCOBRA3

550 posts

Posted by KINGCOBRA3 > 2020-03-04 14:38 | Report Abuse

jambu....mangak cantik!

Secret

875 posts

Posted by Secret > 2020-03-04 16:17 | Report Abuse

still stuck at 70c

Daily8

3,858 posts

Posted by Daily8 > 2020-03-04 16:42 | Report Abuse

RM1 ocncash my TP. I believe strongly will exceed!

Posted by Kai Shien Ks > 2020-03-04 16:47 | Report Abuse

this is my 5th round for OCN, gogo ocn..

flexibt

461 posts

Posted by flexibt > 2020-03-04 16:54 | Report Abuse

dont get stuck again...

Daily8

3,858 posts

Posted by Daily8 > 2020-03-04 17:03 | Report Abuse

Congrats to all you who have sold earlier before CNY and bought back when it was around 40c plus. I'm a dick head. I should have sold it earlier too. 100% regrets.

Posted by Kai Shien Ks > 2020-03-04 17:33 | Report Abuse

Sometime when the price suddenly spike up, we should take our profit or at least part of it, we don't know when it will go back again. Even though we love it and have confident on it, but the uncertainty in the market always exceeds our expection..

Daily8

3,858 posts

Posted by Daily8 > 2020-03-04 17:39 | Report Abuse

Kai Shien Ks Sometime when the price suddenly spike up, we should take our profit or at least part of it, we don't know when it will go back again. Even though we love it and have confident on it, but the uncertainty in the market always exceeds our expection..
04/03/2020 5:33 PM

Yeah, you're right bro.

Posted by Kai Shien Ks > 2020-03-04 17:50 | Report Abuse

You are the loyal shareholder of OCN, I had seen you here since 2017 if not mistaken, lets make a good profit with it together~~

Daily8

3,858 posts

Posted by Daily8 > 2020-03-04 18:28 | Report Abuse

I will keep my comments short because still dunno who are those 82 c buyers are.

Gorenger are very manipulative on every comments you made.

TQ

Value9

256 posts

Posted by Value9 > 2020-03-05 11:15 | Report Abuse

ready ?

Aristgan92

149 posts

Posted by Aristgan92 > 2020-03-05 15:12 | Report Abuse

0.6 coming soon

Aristgan92

149 posts

Posted by Aristgan92 > 2020-03-06 09:14 | Report Abuse

Super ATM Cumming bro... Today Tp 0.6

Aristgan92

149 posts

Posted by Aristgan92 > 2020-03-06 09:15 | Report Abuse

Got Big shark attacking !!!

Everhappy

252 posts

Posted by Everhappy > 2020-03-06 11:44 | Report Abuse

Sold 0.595

Posted by learnbyheart > 2020-03-06 13:00 | Report Abuse

as long as covid 19 not cooling down..this counter will be on the advantage side

firerain

297 posts

Posted by firerain > 2020-03-06 14:39 | Report Abuse

congrat to all:)

ktrader

1,871 posts

Posted by ktrader > 2020-03-06 18:18 | Report Abuse

I believe next week helthcare stocks may continue moving north.

pang72

49,391 posts

Posted by pang72 > 2020-03-06 22:18 | Report Abuse

Macam Ada ong mari!!

chesslim

890 posts

Posted by chesslim > 2020-03-08 23:17 | Report Abuse

tmr maybe open at 0.83 !!

Cnlim

465 posts

Posted by Cnlim > 2020-03-09 07:02 | Report Abuse

Counting profit in the dream siok sendiri

Posted by vince12lee > 2020-03-09 09:45 | Report Abuse

how come going down... ?

Everhappy

252 posts

Posted by Everhappy > 2020-03-09 11:57 | Report Abuse

Finish this time

chesslim

890 posts

Posted by chesslim > 2020-03-09 12:42 | Report Abuse

today Ocncash is good performent.

Daily8

3,858 posts

Posted by Daily8 > 2020-03-09 12:47 | Report Abuse

Saudi vs Russia for who is taikoh of oil business.

Affected all asian stocks. So, this is not ocncash alone.

Posted by learnbyheart > 2020-03-09 14:42 | Report Abuse

ocncash will be benefit from lower crude oil price as the raw material for non woven product is from polyethylene extract from crude oil

Daily8

3,858 posts

Posted by Daily8 > 2020-03-09 15:00 | Report Abuse

yes learnby heart

Posted by Michael Yeo > 2020-03-09 16:12 | Report Abuse

The biggest show on earth is dow jones tonite. Dow futures has limit down. And North Korea has launched 3 missiles today between S Korea peninsular and Japan. Be cautious in this market.

mf

28,047 posts

Posted by mf > 2020-03-09 16:13 | Report Abuse

FBM KLCI 1,427.10 -56.00 3.78%

Posted by Michael Yeo > 2020-03-09 16:18 | Report Abuse

03/2020 4:14 PM
X
Michael Yeo 10 year treasury yield has plunged 0.3459%

Posted by Michael Yeo > 2020-03-09 16:19 | Report Abuse

Michael Yeo Hope central bank launch QE. The last time was 2008 of USD $2 trillion as a economy catalyst

Underhand

653 posts

Posted by Underhand > 2020-03-11 07:32 | Report Abuse

Worst year in my life in share markets

Daily8

3,858 posts

Posted by Daily8 > 2020-03-11 12:28 | Report Abuse

Dead cat rebounce. Careful folks.

Posted by Michael Yeo > 2020-03-11 21:14 | Report Abuse

Price of Oceancash has gone under healthy consolidations for the past three days @ 0.500 sen. Price of this stock will go up against market volatility as more people are diagnosed with Covid-19. Accumulate this stock with momentum .

Daily8

3,858 posts

Posted by Daily8 > 2020-03-13 10:27 | Report Abuse

My fellow fishermen here, how ru?

Leonardo12

178 posts

Posted by Leonardo12 > 2020-03-13 11:30 | Report Abuse

Very good. Marvellous

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