GREEN OCEAN CORPORATION BERHAD

KLSE (MYR): GOCEAN (0074)

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Last Price

0.165

Today's Change

0.00 (0.00%)

Day's Change

0.16 - 0.165

Trading Volume

4,006,200


9 people like this.

4,791 comment(s). Last comment by Mattdavid 1 week ago

Bullish

890 posts

Posted by Bullish > 2012-11-30 19:52 | Report Abuse

They have borrowing of 4.4m... within next year or so should be debt free except some trade lines. I expect end this year TP is slightly above 40cents. Once 2013 up to RM1.20... if you see this year share performance already up 5x... so next year 3x... market cap should reach rm200-250 mil. There are so many cold countries to explore and Korea is only the first destination... how about China Japan USA etc...

Bullish

890 posts

Posted by Bullish > 2012-11-30 19:53 | Report Abuse

FYI I only concentrate on this as this is only company I feel good...

Hong2

340 posts

Posted by Hong2 > 2012-11-30 19:54 | Report Abuse

Thanks for sharing and continue to share on this counter, Bullish.

Bullish

890 posts

Posted by Bullish > 2012-11-30 20:16 | Report Abuse

Main shareholders all staying. I think. Heavy selling past few days due to profit taking by those who bought 20cents level... now clear, so next Monday will up 4-5bids... I think the trigger point will be if any major newspsper like TheStar or TheEdge carry exclusive coverage on this company. Then more keen interest and start pushing the price. If only everyone like me you and others start buying and not sit and watch.

tonylim

4,796 posts

Posted by tonylim > 2012-11-30 23:53 | Report Abuse

I would rather look at the volume traded.

Avg Volume (4 weeks): 5,934,978
Today : 1,557,300 lowest since 1st Nov

30-11-2012 15573 0.340
29-11-2012 47316 0.340
28-11-2012 34479 0.340
27-11-2012 29184 0.345
26-11-2012 29176 0.350
23-11-2012 32107 0.365
22-11-2012 22102 0.350
21-11-2012 79004 0.345
20-11-2012 52034 0.360
19-11-2012 24384 0.355
16-11-2012 27122 0.345
14-11-2012 29044 0.335
12-11-2012 45688 0.340
9-11-2012 25144 0.360
8-11-2012 84322 0.360
7-11-2012 136059 0.375
6-11-2012 308323 0.360
5-11-2012 32291 0.335
2-11-2012 74294 0.335
1-11-2012 48433 0.320

Bullish

890 posts

Posted by Bullish > 2012-12-01 08:37 | Report Abuse

Agree with Peter. Just keep and don't throw away. FYI, in the top 30 shareholder list Tan Sri Tiong from Sin Chew, Chua Ma Yu son also invest... be steady... in fact GOcean is a hidden gem.

Hong2

340 posts

Posted by Hong2 > 2012-12-01 11:21 | Report Abuse

Hopefully next week after Friday's FiReport out the price will surge up .. :p

Bullish

890 posts

Posted by Bullish > 2012-12-01 18:34 | Report Abuse

GOcean is expected to make 2m profit this FY barring any unforseen circumstances. What's interesting beside Tan Sri Tiong and CMY son involvement is other MD of listed companies as shareholders. MD of Fitters, MD of Tomypak, MD of Johore Tin, MD of Bandaraya, MD of Prestar, MD of MHC Plantation, EPF... Rumours quite strong CMY has been building stakes close to 5% in GOcean... there are a few billionaires as shareholders in GOcean sand many multi millionaire tycoons... after explaining to my friends today, they agree the current price is too low. They will buy 100k-500k units each of them. I will buy additional 250k this Monday. Let's hope GOcean will fly on Monday.

BC475654

605 posts

Posted by BC475654 > 2012-12-01 18:54 | Report Abuse

Qtr Report out yesterday evening.Revenue down 50% to RM22Mil from Rm44Mil previous corresponding qtr.Profit RM 690k vs lOSS RM 271k
Details click stock GoOcean this page top.click tag Fin. Result.

Bullish

890 posts

Posted by Bullish > 2012-12-02 09:08 | Report Abuse

Peter, next 2 quarters cumulatively another 1.3million or more. If this company manage to chalk up profit for FY13, then its the first FY profit after several years of losses.

Bullish

890 posts

Posted by Bullish > 2012-12-02 09:22 | Report Abuse

Anyone here joining me to buy more GOcean shares tomorrow Monday? I expect price to rally to 36 cents and above. Rumours very strong another piece of good news will be announced. This came from investment bankers...

trefoil

190 posts

Posted by trefoil > 2012-12-02 15:44 | Report Abuse

Bullish, those listed companies shareholders already bought in? 10Q

tonylim

4,796 posts

Posted by tonylim > 2012-12-02 16:11 | Report Abuse

Ya, in that case, watch out for distribution and sideways, unless like what bullish said, another piece of news pending.

I Have listed the novmember volume traded above. People like CMY are known to sell their investments when he make profits. Have they sold out or still accumulating? Lets see.

Bullish

890 posts

Posted by Bullish > 2012-12-02 16:46 | Report Abuse

Yes their names are listed in 2012 annual report. Confirmed big tycoons are holding stakes in GOcean. If only more people realise the share price can easily exceed 45 cents end Nov. So we must let our friends know this is the company going to become next GuanChong type.

CMY son I think only hold stake in GOcean in big quantity. Honestly speaking he's billionaire son. Why is he holding stake in small cap company like GOcean. Because GOcean market cap can possibly runs into hundreds of million

trefoil

190 posts

Posted by trefoil > 2012-12-02 16:48 | Report Abuse

10Q Bullish. Lets hope for the best tomorrow.

Bullish

890 posts

Posted by Bullish > 2012-12-02 16:55 | Report Abuse

Another point to note... have you seen any listed company with so many big tycoons holding big qty of shares especially this Ace counter... to them few hundred k to million ringgit is small amount. But it means they know GOcean is a good company to invest.

GOcean could possibly announce one or two major news soon. Based on my observation, it could boost the price above 40 cents easily by end Dec. I personally willbuy 250k shares this monday. Hope by the time good news announced I'll be sitting on 20-30% profit...

Bullish

890 posts

Posted by Bullish > 2012-12-02 18:46 | Report Abuse

Peter tomorrow let's accumulate more GOcean shares...

Hong2

340 posts

Posted by Hong2 > 2012-12-02 21:43 | Report Abuse

If GOcean would have closing above 0.36, will be good.. Lets see how it's performance tomorrow...:)

Bullish

890 posts

Posted by Bullish > 2012-12-02 23:47 | Report Abuse

Let's do it!

Bullish

890 posts

Posted by Bullish > 2012-12-03 08:09 | Report Abuse

Good morning all!

trefoil

190 posts

Posted by trefoil > 2012-12-03 08:34 | Report Abuse

Mrg! Looking forward to see how it's perform today.

Bullish

890 posts

Posted by Bullish > 2012-12-03 08:36 | Report Abuse

Who's buying today?

Bullish

890 posts

Posted by Bullish > 2012-12-03 09:35 | Report Abuse

I think by disgruntled shareholders...

Bullish

890 posts

Posted by Bullish > 2012-12-03 09:59 | Report Abuse

Dont be surprised if it's not Taiko but tycoons in the top 30 list... I bought some this morning... buying more... soon. Good theres still some buying activities going on... I heard rumors CMY son building up stakes.

Bullish

890 posts

Posted by Bullish > 2012-12-03 10:09 | Report Abuse

How about u? Have u bought today? Or plan to buy

Bullish

890 posts

Posted by Bullish > 2012-12-03 10:31 | Report Abuse

I'm based in Penang. Sorry Peter unless I go to KL for holiday. We must rally behind Taiko.

Bullish

890 posts

Posted by Bullish > 2012-12-03 10:48 | Report Abuse

Sure. How to do it? I also follow... I got a feeling today got announcement by GOcean.

Bullish

890 posts

Posted by Bullish > 2012-12-03 11:36 | Report Abuse

Collected 150k. My friend is buying now.

trefoil

190 posts

Posted by trefoil > 2012-12-03 11:37 | Report Abuse

Hopefully should sustain at 0.33 and seems the volume is low.
If have good announcement would able to help. Am I right, Bullish?

Bullish

890 posts

Posted by Bullish > 2012-12-03 11:43 | Report Abuse

Yes could be changes in shareholding I suspect...

trefoil

190 posts

Posted by trefoil > 2012-12-03 11:49 | Report Abuse

Hope for the best in 2nd half today! :) :)

Bullish

890 posts

Posted by Bullish > 2012-12-03 12:01 | Report Abuse

Where did u get the info on Taiko Ng interest to take up a board seat? Do u think he will succeed?

Bullish

890 posts

Posted by Bullish > 2012-12-03 12:13 | Report Abuse

I wonder why so long not yet offer board seat... don't know what's going on... if not it can clear any doubt of tussle...

Bullish

890 posts

Posted by Bullish > 2012-12-03 12:24 | Report Abuse

Interesting. Just continue to buy. Now 200k shares collected.

Bullish

890 posts

Posted by Bullish > 2012-12-03 12:50 | Report Abuse

I think GOcean try to offer private placement. Tats why push down price... u know to produce Novelin need $$... but I don't care continue to buy. Now hold 500k shares...

Bullish

890 posts

Posted by Bullish > 2012-12-03 13:05 | Report Abuse

Ciahcra, how reliable is your source? Is he close to Taiko Ng?

tonylim

4,796 posts

Posted by tonylim > 2012-12-03 13:10 | Report Abuse

ciahcra, who is AFAIK?

Bullish

890 posts

Posted by Bullish > 2012-12-03 13:14 | Report Abuse

I see. Just continue to buy since good company.

Bullish

890 posts

Posted by Bullish > 2012-12-03 13:24 | Report Abuse

When are u guys coming to Penang? I think now school holiday... jam everywhere... if I got time I come to KL find u guys. Any latest news?

tonylim

4,796 posts

Posted by tonylim > 2012-12-03 13:27 | Report Abuse

bullish, you dont have a day time job?

Bullish

890 posts

Posted by Bullish > 2012-12-03 13:38 | Report Abuse

Basically I'm a full time lecturer. I teach international business.

Hong2

340 posts

Posted by Hong2 > 2012-12-03 14:02 | Report Abuse

The buying volume not encouraging at all....

Bullish

890 posts

Posted by Bullish > 2012-12-03 14:13 | Report Abuse

Time to collect la

ramunia

1,123 posts

Posted by ramunia > 2012-12-03 14:27 | Report Abuse

what time(when) and at what price?

Bullish

890 posts

Posted by Bullish > 2012-12-03 14:32 | Report Abuse

Actually current price is very cheap. Where can find 33cents stock compamy doing biz with Sime Darby...

jay_C

6 posts

Posted by jay_C > 2012-12-03 16:32 | Report Abuse

Beware. It's looks like it has form Head and shoulder.

Bullish

890 posts

Posted by Bullish > 2012-12-03 16:39 | Report Abuse

Meaning?

Bullish

890 posts

Posted by Bullish > 2012-12-03 16:57 | Report Abuse

Syndicate

trefoil

190 posts

Posted by trefoil > 2012-12-03 17:11 | Report Abuse

It's drop! Shall we hold or sell?

lmf_hau

674 posts

Posted by lmf_hau > 2012-12-03 17:12 | Report Abuse

U guys ,, r simply funny.
As I mentioned long ago, this is goreng, where got fundamental ?!?!?
To buy or not , just purely depends on Chart, not news or contract awarded.

From TA, it just broke-down from Doji "+" , its bearish trend is begin , no point to buy at any px currently.

Jay-C , where do u see "Head + Shoulder" ,,???

For those to ask where is the support ??
Sorry , we r TA , only Trend Reader + Trend Follower.

Only those Trend Maker = Market Maker can tell u the real support px.

But, as look back others , mostly r 仙家莲 or 车大炮 , bcos I ever see any MM sharing in any public forum.

Unless, some 1 is intended to lead those other to buy for support as 炮灰 or lead them to hell 卖咸鸭蛋。。。

Please refer to Padini, there was a fella r trying to mislead others.
But, it wasnt me.

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