OCEANCASH PACIFIC BHD

KLSE (MYR): OCNCASH (0049)

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Last Price

0.395

Today's Change

0.00 (0.00%)

Day's Change

0.385 - 0.405

Trading Volume

2,365,700


11 people like this.

5,308 comment(s). Last comment by balvin71 2 weeks ago

amireza

157 posts

Posted by amireza > 2020-06-26 19:04 | Report Abuse

Hopefully can limit up as well...

icepumpkin

818 posts

Posted by icepumpkin > 2020-06-26 19:45 | Report Abuse

Wait until the glove wave comeback, this will follow. Spillover effects. They do supply raw materials for facemask. Also for diaper.

ahkeong88

72 posts

Posted by ahkeong88 > 2020-06-26 20:14 | Report Abuse

In a report notes, mentioned ocncash will performed fairly in 2020 with covid19

Trade111

101 posts

Posted by Trade111 > 2020-06-26 20:39 | Report Abuse

Barring unforeseen circumstances, the Directors anticipate the Group’s performance for the financial year 2020 to be better than the financial year 2019

Posted by Michael Yeo > 2020-06-26 20:43 | Report Abuse

Gearing to dump on Monday. Have to cut loss. Result not good as anticipated. Topgloves result out so good also go down to selling pressures. What more to ocncash; a ikan bilis counter. So ocncash will have high selling pressures next week. The directors of ocncash already selling earlier a couple of week ago @ 60 sen plus. Good luck.

Posted by CHONGweiboon1119 > 2020-06-26 21:02 | Report Abuse

Micheal what you expect, this is only company developing and price movement consistent will price movement, If you wanna dump just go ahead, no need pursue people to cut loss unless you have chase high thanks

Daily8

3,858 posts

Posted by Daily8 > 2020-06-26 21:25 | Report Abuse

Report out for Quarterly Jan til Mac 2020 which presented a so-so reporting.

Its a GREEN RESULT WHICH IS CONSIDERED GOOD BEFORE Covid-19.


LET'S HOPE THE NEXT RESULT FROM Covid-19 WILL BE BETTER FOR NEXT WAVE!


I'LL BE BACK!

Daily8

3,858 posts

Posted by Daily8 > 2020-06-26 21:28 | Report Abuse

Ocncash under non-woven is doing PPE and MASK.

BUT WHEN I CALLED UP MUCH EARLIER, THEY SAID NOT DOING MASK.


IF MASK PROFITABLE STILL, BEST TO ENLARGE NON-WOVEN MATERIAL FROM DIAPERS TO MASK.

UNFORTUNATELY, CHINA MASK MASKING IS TOO GREAT. I'm AFRAID OCNCASH is missing out the market cap on mask.

LET'S pray for new business for new normal.

gemfinder

6,880 posts

Posted by gemfinder > 2020-06-26 21:44 | Report Abuse

All these companies saying covid 19 benefit r scam. Canot deliver result at all but share px oredi up a lot. Gapdown

ahkeong88

72 posts

Posted by ahkeong88 > 2020-06-26 21:52 | Report Abuse

Mask before covid 19 is Rm5 per box, during start covid 19 rm75, now selling rm35. Compare 35 to 5 is 7times. So, material also will highly consume by mask factory for production.

ahkeong88

72 posts

Posted by ahkeong88 > 2020-06-26 21:54 | Report Abuse

https://www.google.com/amp/s/simplywall.st/stocks/my/consumer-durables/klse-ocncash/oceancash-pacific-berhad-shares/news/are-investors-undervaluing-oceancash-pacific-berhad-klseocncash-by-48/amp/

I quite like and agreed this logic of research at this link that the price is lower 48% than market price now. Dividend consistent, cash flow good. Etc

Posted by CHONGweiboon1119 > 2020-06-26 22:15 | Report Abuse

gemfinder please do research property, you are invest not trading. Scam is it you lose money from trading, ocncash still developing steadily and its management is good. Do more research before keep say scam thanks

icepumpkin

818 posts

Posted by icepumpkin > 2020-06-27 09:27 | Report Abuse

Base on pe, profit, netcash, prospect, this company is undervalue. Do your own homework.

icepumpkin

818 posts

Posted by icepumpkin > 2020-06-27 09:29 | Report Abuse

Idss is banned until 31dec. So most likely market will go up in July unless there is major bad news.

Daily8

3,858 posts

Posted by Daily8 > 2020-06-27 18:33 | Report Abuse

nett asset backup is 40.1c. Currently, though stock price is considered slight over-valued, Ocncash still need some good profit quarters to get into better value

I hope RM1 is there!

KINGCOBRA3

550 posts

Posted by KINGCOBRA3 > 2020-06-29 09:21 | Report Abuse

those panic sellers during early stages are DUMB for disposing at very low price!

Abushling

30 posts

Posted by Abushling > 2020-06-29 10:19 | Report Abuse

lower revenue for 2nd Q is expected but still worth to pick up now

chesslim

890 posts

Posted by chesslim > 2020-06-29 12:45 | Report Abuse

Game over lah..... bye bye ! all 0.85 above buying investor.

chesslim

890 posts

Posted by chesslim > 2020-06-29 12:46 | Report Abuse

See you all below 0.50

ahkeong88

72 posts

Posted by ahkeong88 > 2020-06-29 14:07 | Report Abuse

Oceancash Nonwoven Sdn. Bhd. (OCN), a wholly owned subsidiary of Oceancash Pacific Berhad (OPB), was incorporated on December 21, 1999 in Malaysia. The principal activities of OCN are in the manufacturing and trading of air-through bonded nonwoven, and thermal bonded nonwoven, which are widely used in the disposable hygienic products industry. Its application include top-sheets, second layer, acquisition distribution layer (ADL), and back-sheet for diapers, sanitary napkins, wet wipes, and surgical apparels including caps, masks, and gowns

KINGCOBRA3

550 posts

Posted by KINGCOBRA3 > 2020-06-29 16:31 | Report Abuse

good shows...worth investing!

Daily8

3,858 posts

Posted by Daily8 > 2020-06-29 16:32 | Report Abuse

It will be good but it will be need to clear the America index tsunami first

ruby20

308 posts

Posted by ruby20 > 2020-06-29 16:33 | Report Abuse

Affin Hwang Research report today basically confirms that OCN CASH NON WOVEN IS NOT a RAW MATERIAL to make face mask.

Those that buys thinking otherwise is kidding themselves.

If you want to be bullish on PP non woven as raw material for facemask, go to TEKSENG

ahkeong88

72 posts

Posted by ahkeong88 > 2020-06-29 16:37 | Report Abuse

U go to company website..
Oceancash Nonwoven Sdn. Bhd. (OCN), a wholly owned subsidiary of Oceancash Pacific Berhad (OPB), was incorporated on December 21, 1999 in Malaysia. The principal activities of OCN are in the manufacturing and trading of air-through bonded nonwoven, and thermal bonded nonwoven, which are widely used in the disposable hygienic products industry. Its application include top-sheets, second layer, acquisition distribution layer (ADL), and back-sheet for diapers, sanitary napkins, wet wipes, and surgical apparels including caps, masks, and gowns

ahkeong88

72 posts

Posted by ahkeong88 > 2020-06-29 16:38 | Report Abuse

surgical apparels including caps, masks, and gowns

upshare

3,239 posts

Posted by upshare > 2020-06-29 17:08 | Report Abuse

0.7.....tomolo...

Daily8

3,858 posts

Posted by Daily8 > 2020-06-29 17:51 | Report Abuse

ruby20 Affin Hwang Research report today basically confirms that OCN CASH NON WOVEN IS NOT a RAW MATERIAL to make face mask.

Those that buys thinking otherwise is kidding themselves.

If you want to be bullish on PP non woven as raw material for facemask, go to TEKSENG
29/06/2020 4:33 PM


TEKSENG? LOL

Daily8

3,858 posts

Posted by Daily8 > 2020-06-29 17:53 | Report Abuse

TEKSENG SOLAR HAVE BIG HOLES AND NEED TO USE NON-WOVEN TO COVER THEIR BLEEDING.

Daily8

3,858 posts

Posted by Daily8 > 2020-06-29 17:53 | Report Abuse

SAFER WITH OCNCASH.

Daily8

3,858 posts

Posted by Daily8 > 2020-06-29 18:38 | Report Abuse

I just read a comment on Ryunanda on Ocncash is NOT PRODUCING FACE MASK $ THEIR NON-WOVEN IS FOR SANITARY PADS AND DIAPERS.

THIS CONCLUDE THAT MY PREVIOUS CALLS TO OCNCASH FACTORY IS CORRECT.

I WANT TO KNOW WHY ON EARTH OCNCASH WEBSITE PUT UP PPE AND MASK PRODUCTS IN THEIR WEBSITE?????



ARE THEY TRYING TO BE FUNNY?


I HOPE SOME OF U WHO HOLD THE STOCK AND WANT TO FIND OUT MORE CAN CALL THE COMPANY AND ASK.

ahkeong88

72 posts

Posted by ahkeong88 > 2020-06-29 19:34 | Report Abuse

So many article said material for surgical appeals like mask, caps.

ahkeong88

72 posts

Posted by ahkeong88 > 2020-06-29 19:35 | Report Abuse

And company website also mentioned.

Jefffff

1 posts

Posted by Jefffff > 2020-06-29 21:20 | Report Abuse

Company producing multiple types of non woven materials. Expensive one is used for sanitary .... Cheaper one used for surgical mask.....
Who's the guy who interpret wrongly?

Secret

875 posts

Posted by Secret > 2020-06-30 11:03 | Report Abuse

Let see today can break 0.68!

icepumpkin

818 posts

Posted by icepumpkin > 2020-06-30 11:42 | Report Abuse

2020 is turning out to be a hugely promising year for ONW after achieving a satisfactory performance in 2019.
We have started commercial supply of perforated nonwoven, embossed nonwoven as well as spooled roll nonwoven
since 2019. We have also added 3 units of slitters to increase our supply capacity. Our new double-carding production
line has also been delivered and we hope to commission it as soon as possible. This new production line will increase
our capacity by 25% whilst further improving our capabilities.
We are still witnessing significant growth in the hygiene industry of South East Asia region and in countries like India,
Pakistan and Bangladesh. We are well positioned to capitalise on this regional growth trend.
The Covid-19 pandemic has also resulted in additional orders from new and returning customers due to disruptions
to their former supply chain.
In summary, we expect the business of ONW to be better due to the pandemic.

ahkeong88

72 posts

Posted by ahkeong88 > 2020-06-30 12:16 | Report Abuse

This statement from where can be founded

icepumpkin

818 posts

Posted by icepumpkin > 2020-06-30 12:48 | Report Abuse

annual report ocncash.

ahkeong88

72 posts

Posted by ahkeong88 > 2020-06-30 15:36 | Report Abuse

Thanks

tuapuikia

2,346 posts

Posted by tuapuikia > 2020-06-30 16:35 | Report Abuse

why qr so good still red? Something must be not right

ahkeong88

72 posts

Posted by ahkeong88 > 2020-06-30 18:19 | Report Abuse

Comfort also dropped. K+ also. Let's see tomorrow

Daily8

3,858 posts

Posted by Daily8 > 2020-06-30 19:35 | Report Abuse

Qr is not so good. ITS SO SO ONLY

icepumpkin

818 posts

Posted by icepumpkin > 2020-06-30 19:54 | Report Abuse

Lkl qr so good also drop.

idunwork

431 posts

Posted by idunwork > 2020-06-30 20:14 | Report Abuse

Prolexus makes masks, and the qr is ugly. Howcome ?

Daily8

3,858 posts

Posted by Daily8 > 2020-07-01 03:02 | Report Abuse

There are many opportunist public-listed companies that are using mask theme to attract buyers.

Caely
DRBH
Tekseng
prolexus
notion
scgm
top glove


Where do OCNCASH stand now?

Underhand

653 posts

Posted by Underhand > 2020-07-01 12:03 | Report Abuse

Still added and waiting for retesting of 90-100

geary

6,257 posts

Posted by geary > 2020-07-02 16:19 | Report Abuse

Swing trade n bought at...@0.635...!!!

Posted by NoHopeMedia > 2020-07-02 18:43 | Report Abuse

Not everyone got perform plastic surgery will be pretty, same goes to mask...Not everyone sell good

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