Posted by EagleFly > 2020-07-23 16:39 | Report Abuse

don't think too much.. sure something.. healthy no financial company...happy happy ride the trend...

Posted by sprite_888 > 2020-07-23 16:42 | Report Abuse

look like all sell it just to take the profit now drop dy... :(
Tomoro is friday dont know still got show or not...

Posted by klinnsman39 > 2020-07-23 16:45 | Report Abuse

Buy or Sell at your own risk. No right or wrong to hold it for longer or taking profit at this moment. We all looking for cari makan only, right.

Posted by Kevin Tam > 2020-07-23 16:54 | Report Abuse

Tuapuikia today said don’t sell cheap n holding it until going up to 80 cents n above... then suddenly after 3 pm then gone up dramatically... hehe

Posted by tuapuikia > 2020-07-23 17:02 | Report Abuse

Buy or sell really at your own risk. Share up and down. anyway, I was informed this share can spike any time since beginning of the July. I keep collecting

Posted by tuapuikia > 2020-07-23 17:03 | Report Abuse

Now it is rewarding!!

Posted by tuapuikia > 2020-07-23 17:04 | Report Abuse

if you miss this boat, there are many boats out there. as long as all happy earning money

Posted by Bullballs > 2020-07-23 17:12 | Report Abuse

this supplier of raw materials is better than the face mask maker. sure money

Posted by Kevin Tam > 2020-07-23 17:45 | Report Abuse

I know this counter the only main producer of non woven materials ( for making masks n diaper ) in Malaysia n if about 60-65 cents , it got potential to go up ... But kind of surprised that gone up 27-28% today ....

Posted by pineapple123 > 2020-07-23 17:53 | Report Abuse

Kevin Tam I know this counter the only main producer of non woven materials ( for making masks n diaper ) in Malaysia n if about 60-65 cents , it got potential to go up ... But kind of surprised that gone up 27-28% today ....
23/07/2020 5:45 PM


wrong 50%. They don't make masks.

Posted by ChefSaham > 2020-07-23 20:13 | Report Abuse

face mask got ceiling price which limits the profit margin, raw materials dont have

Posted by ChefSaham > 2020-07-23 20:16 | Report Abuse

their products are not only for face masks, also for wet wipes and surgical apparels including caps and gowns which are all needed during covid-19

Posted by WiseTrade > 2020-07-23 21:11 | Report Abuse

OCNCASH’s non woven is used for absorbent diapers and sanitary pad. CIMB and Affin has released a report clarifying that their non woven IS NOT used for face mask. The only listed company who is doing non woven as a material for face mask is TEKSENG.

Posted by ChefSaham > 2020-07-23 21:27 | Report Abuse

company website got say and the edge also said ocncash is tekseng direct competitor

Posted by ChefSaham > 2020-07-23 21:31 | Report Abuse

only the higher-priced non-woven products are for diapers and sanitary pads, others are still for surgical face masks and wet wipes

Posted by Kevin Tam > 2020-07-23 21:33 | Report Abuse

Pineapple, U r wrong to assume I stated oceancash is making face masks ； my statement was it is the only Malaysian company making non woven materials( which is being used to produce masks n diaper ) ... but another company Tek Seng also producing non woven materials...

Posted by WiseTrade > 2020-07-23 21:33 | Report Abuse

They are the closest peer competitor of TEKSENG in non woven in terms of hygienic products except face mask. Affin Hwang has confirmed this with the management of OCNCASH and its written clearly in the detail write up of the company.

Posted by Jeff5142 > 2020-07-23 21:41 | Report Abuse

Pineapple do you have difficulty to comprehend what others write? LOL

Posted by WiseTrade > 2020-07-23 21:41 | Report Abuse

https://klse.i3investor.com/servlets/ptres/55890.jsp

This is the write up I am referring to. Dont be mislead by others and dive Into the wrong sectors. OCNCASH is a good company but they are not doing non woven face mask. The only listed company who is doing non woven fabric for the face mask now is TEKSENG. Non woven fabric is an essential part of 3 ply mask (middle layer) which our health DG has just informed that the only mask we should wear is 3 ply mask.

Posted by ChefSaham > 2020-07-23 21:51 | Report Abuse

u believe affin? hahah affin say topglove can go over rm100 u believe?

Posted by kenshinq > 2020-07-23 22:07 | Report Abuse

Join Tek seng b4 its red here.

Posted by rajachulan > 2020-07-23 22:10 | Report Abuse

https://www.theedgemarkets.com/article/oceancash-falls-952-profit-taking-downgrade

Posted by ChefSaham > 2020-07-23 22:14 | Report Abuse

"OCP’s non-woven products used for face masks make up less than 1% of the group’s annual revenue." > thats before covid-19, now got covid that 1% cfm go up and even before covid company already earning imagine if that 1% go up means can earn more

Posted by rajachulan > 2020-07-23 22:24 | Report Abuse

I here to support wise trade comment, not against anyone else bias. Your bias remain 100% yours.

However, water in the river is warm or cold, ducks know...didnt you see people taking profit last two months?

Posted by Kevin Tam > 2020-07-23 22:33 | Report Abuse

Really doubt about the cimb analyst said less than 1% of oceancash revenue from
Non woven fabric being supply to face masks ; non woven segment about 40-45% of the revenue of ocean cash but how come the company only get 1-2% from face masks , the balance of 96% from diaper n others .... feel sceptical n doubt about Cimb analyst claims since 3 months ago ....

Posted by sprite_888 > 2020-07-23 22:40 | Report Abuse

Copy from Ocncash 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.

Posted by freddiehero > 2020-07-23 23:16 | Report Abuse

haha.. welcome guys...

Posted by freddiehero > 2020-07-23 23:16 | Report Abuse

rili cash from ocean..

Posted by pineapple123 > 2020-07-24 01:11 | Report Abuse

Just because it’s escalated price doesn’t mean it’s mask related.

Posted by Aiw Siow > 2020-07-24 07:23 | Report Abuse

Today countinue goreng limit up..

Posted by Underhand > 2020-07-24 08:08 | Report Abuse

Now is like market here, not like before. Good sign

Posted by Value_Investor_888 > 2020-07-24 08:33 | Report Abuse

Face masks makers for sure will seek for non-woven material from OCNCASH & TEKSENG as demands of face masks will be increase dramatically during this period of time as the ppl is wearing face mask everyday in order to protect themself from covid-19. Thus, this business is as bright as glove sector where it valuation still not so high in anticipating the future earning of the company.

Posted by tuapuikia > 2020-07-24 09:23 | Report Abuse

I don't understand why people who are not keen on this counter, come here and bark.

Posted by Kevin Tam > 2020-07-24 11:19 | Report Abuse

Non woven cloth is in high demand even though many don’t know the portion to be sold for face masks manufacturing ... only 2 companies in Malaysia producing non woven cloth/ fabric in Malaysia , that is oceancash n TekSeng.... If price about 70-76 cents should be less risky n many ppl goreng the two pharma counters , Dpharma n Pharma without understanding that the two already having rich valuation before this round goreng .... goreng the 2-3 pharma counters r irrational but still could go up more than 60-70% in this week....

Posted by pineapple123 > 2020-07-24 17:55 | Report Abuse

ocncash goreng kaki got trapped at high price. They are looking for chance to unload to you.

Posted by pineapple123 > 2020-07-24 17:59 | Report Abuse

ocncash boss always disposed at good price.

Posted by sprite_888 > 2020-07-24 20:06 | Report Abuse

yalo, why every time the price go high then boss going to disposed har?

Posted by Underhand > 2020-07-25 09:29 | Report Abuse

Still holding to 1 at least

Posted by zainal84 > 2020-07-25 15:02 | Report Abuse

News Focus: Face mask shields against Covid-19
TheEdge Sat, Jul 25, 2020 01:26pm - 1 hour ago


KUALA LUMPUR (July 25): Believe it or not, the face mask, which is normally worn on hazy days when the country is covered in smog, is now categorised as the most important “shield” to fight against the invisible enemy, Covid-19, apart from social distancing.

Wearing the face mask is said to be an important preventive measure as it can reduce filtration by 60% of airborne virus particles, including of Covid-19.

As such, effective Aug 1, the government is making compulsory the wearing of face mask in public or congested areas and public transport, whereby a fine of RM1,000 could be imposed on those caught not wearing the “shield” under the Prevention and Control of Infectious Diseases Act 1988 (Act 342).

The reason being that although Malaysia is recognised as one of the countries that have succeeded in addressing the pandemic, the people are becoming complacent in complying with the standard operating procedures (SOP) set by the government to curb the spread of Covid-19.

The new regulation had prompted reactions from various quarters, health experts, the general public, who agreed with the move which they described as appropriate to ensure discipline and compliance to the SOP, thus reducing the risk of infection.

Realising that the government's decision was for the common good, a private sector employee, Zaiton Mohamad, 35, said she feels more confident to be in public when everybody wears the face mask.

Director of the Tropical Infectious Disease Research and Education Center (TIDREC), Universiti Malaya (UM), Prof Dr Sazaly Abu Bakar said the use of face masks in public and congested places should have been made mandatory a long time ago.

“With the face mask on, we are indirectly preventing our hands from touching parts of the body that can cause the virus to infect us," he said.

Meanwhile, the Malaysian Pharmaceutical Association advises the public to be careful when buying fabric or the three-ply face masks online.

“The society have to now why the face mask should be worn, instead of simply wearing it, without knowing its protective effects.

“If you buy online, who will be responsible if anything happens. How would you know the source or manufacturer. What we want is, first, the quality, second, it is safe to use, and thirdly, it works," said its chairman, Amrahi Buang.

Despite the positive response from various parties to the new rule, there are also complaints, especially on the price of face masks, which is said to be quite expensive due to traders indiscriminately increasing the price and sale of counterfeit face masks.

The Ministry of Domestic Trade and Consumer Affairs (KPDHEP), through checks at 43,402 premises nationwide since Jan 29 until yesterday, had issued a total of RM392,400 compound for various offences including selling of face masks above the maximum price.

Its Enforcement director Datuk Iskandar Halim Sulaiman said the ministry also detected many cases involving sale of fake face masks with traders purchasing generic face masks from China and re-packaging them.

However, KPDNHEP has taken a smart move by reducing the ceiling price of face mask to RM1.20 per unit from RM1.50, and the wholesale price, which is currently RM1.45 per unit, to M1.15 each, effective Aug 15, as announced by its minister Datuk Seri Alexander Nanta Linggi yesterday.

The government will also continue to study the need to lower the price of face mask and ensure there is always adequate supply, he added.

Posted by confidential > 2020-07-26 14:31 | Report Abuse

https://www.sinchew.com.my/content/content_2313904.html limit up? :)

Posted by tuapuikia > 2020-07-26 17:37 | Report Abuse

I still holding to rm1

Posted by tuapuikia > 2020-07-26 17:37 | Report Abuse

At least Rm1 for me, was very busy these few days. But still optimistic about ocncash

Posted by tuapuikia > 2020-07-26 17:41 | Report Abuse

Glove also one day up and down the other day, do u expect this counter to be flying up like rocket?

Posted by Kevin Tam > 2020-07-26 21:18 | Report Abuse

Agree with Tuapuikia, oceancash got potential to go up to 90 cents n above ; only 2 companies producing non woven fabric / materials in Malaysia n Oceancash has better fundamental than Tek Seng ... Non woven being hot due to pandemic n the materials being used to make diaper n wet tissues

Posted by TinyInvestor > 2020-07-26 22:01 | Report Abuse

https://www.oceancash.com.my/oceancash-nonwoven/
No mask? Stop ur BS please, get ur facts right before shaming urselves!

Posted by confidential > 2020-07-27 11:06 | Report Abuse

is the time...let's fly...

Posted by tuapuikia > 2020-07-27 11:08 | Report Abuse

Catch if u can, before it flying really high!!

Posted by tuapuikia > 2020-07-27 11:51 | Report Abuse

Don't worry guys, the only concern is weak holder. They will sell it off till drop to 60cents +

Posted by tuapuikia > 2020-07-27 11:52 | Report Abuse

Which mean it is even a better time to buy, at 60+

Posted by cruger12345 > 2020-07-27 11:54 | Report Abuse

Oceancash doesnt produce facemask material ... only Tekseng is the only listed company in Mlaysia produce that . https://www.theedgemarkets.com/article/face-mask-and-ppe-demand-lifts-tek-sengs-fortunes