Current TA is not good for Ocncash. It is well supported and some special "party" is selling it after making some profits. This keep making Ocncash price falling down.
China Jilin have gone into lockdown once again. This followed by Korea. I forsee the second wave of C19 will continue to loom in. We all have to stay careful and vigilant. Always sanitize yourself and stay away from public.
I hope Msia gov control well the spreads. I am afraid, the sudden balik kampung will cause a stir to the well controlled C19 before.
Based from last few Quarter Results. OCN should be sustainable for coming quarter report. In-additional. I feel OCN should able to report more excited report than previous quarter as Non-woven material pricing is flying high during Jan & Feb 2020 which this income to be included into coming quarter report. I foreseen OCN should be able to continue receive benefit from Non Woven business till next quarter if no vaccine available. Now only mask could be bring down the Covid 19 infection which Taiwan is doing now. Taiwanese all are compulsory to wear mask when outside. Now Taiwan has been reported 0 cases or single digit cases. some supplier maybe make fake Mask. But for sure. Gov Sector / Private hospital / Big company will not buying fake Mask for their staff.
HK now having riots. Real stupid Hongkies! They will spread more C19 amongst them and this country will slowly die of economy soon. Tycoon Li will get heart attack one night seeing his stock plummet and all his properties are hard to sell.
May 15, 2020 "Final Report will add the analysis of the impact of COVID-19 on this industry" Global “Surgical Glove Market” report provides valuable information regarding new products in the market, current scenario, and key players operating the industry. It provides growth and development status of Surgical Glove industry with top regions, types, and applications. Each segment includes an in-depth explanation of the factors that are useful to drive and restrain it. Additionally, this report includes an accurate competitive analysis of major market players and their strategies during the projection timeliness
Key Players in the Global Surgical Glove Market Are: Kossan Siam Sempermed Medline KIRGEN AMMEX ARISTA Rubbercare Protection Products Sdn. Bhd. Shangdong Yuyuan Latex Gloves Jaysun Glove Hartalega Supermax Cardinal Health Xinxiang Huaxi Sanitary Materials Crown Medical Jiangsu Cureguard Glove Ansell Henan Xinwei Latexx TG Medical Zhanjiang jiali glove Products Guangzhou Jun Da Gloves HL Rubber Industries (HLT) YTY GROUP Medicom Top Glove
Currently looking at Oceancash share as I noticed others companies involved in Mask or Glove or any hospital or personal hygiene products related company has their shares sky rocket high now. even this careplus share, the company earning per share is -1.08, but the share price sky rocket up....so, can anyone comment about this oceancash company share price? thanks
1. There are people believing that masks making is too saturated. 2. Current TA especially MACD is crossing. 3. Mask is over supply in the market especially from China. 4. Most punters bet on ocncash instead of investing in this company. 5. Some people even fear ocncash will produce bad Qr.
Everybody's investing term for Ocncash is different.
holyspirit: Value is what you get, price is what you pay.
I would suggest you to read Ocncash last Quarter report and you work it out from there.
My current concern is the felt business of ocncash. Due to freezing automobile business, production on insulation felts will decline.
As for last quarter report stated, almost 70% of hygiene production contribute more to Ocncash revenues. They supplied to most Asian countries which is Japan, Thailand, Indonesia, Malaysia and other countries by segment.
Question is will hygiene segment profited higher due to escalate demand of non-woven?
I went to shopping a while ago. As usual, doing random checking on consumer goods which involved non-woven materials.
Diapers of brands and sanitary napkins are manufactured by some big names in the market. (go figured) I didn't trace any names of Ocncash , so i presume they are focusing on upstream instead of downstream.
Price of non-woven is influenced by resins which is a by product of crude oil.
If upstream non-woven being produced with cheaper existing price of resins, then Ocncash will see a huge jump of profits in their coming Quarter.
But if insulation revenue is affected by automobile decline, i can only hope the hygiene sectors will be able to cover the insulation sector.
Current EPS: 2.9, NETT GEARING = ZERO, EBIT increased. At current C19, Ocncash is doing very well.
In fact i have done some home work. Same as you have said. Oceancash at the moment look promising based on the last financial report. Just wonder the price is not going up. Maybe their own directors sold a lot :(
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....
joyvest
10,536 posts
Posted by joyvest > 2020-05-21 13:16 | Report Abuse
when the QR is to be released ?