Posted by gogreen > 2021-05-04 10:08 | Report Abuse

Going to a bonus issue soon?

Posted by Bcareful > 2021-05-04 10:36 | Report Abuse

Buy some to support

Posted by Iknow666 > 2021-05-04 11:13 | Report Abuse

Ya better dont kena con...

Posted by gcke > 2021-05-04 12:01 | Report Abuse

Strongly put forth that there were NO logical and sound reasons for this medium capitalised and loss making counter (with negative ROE,negative EPS,etc ) to shoot up dramatically the last two days. Apparently looked like because of its small public free float in the market provide opportunities for the syndicates jointly or severally acting in unison or concert to manipulate dan control the market price. Even IF just because of the recent investment in a software solution company for RM 20million that caught the interest of the market should not cause the SHARP price movement to tend and move this irrational way. Time for the Securities Commission (SC) as there gulator to step in and designate the counter to prevent further irreparable harm and costs to the investors especially from the small and minority shareholders.Written report has been made to SC for their action. No cause for such irrational exuberance for the stock price to skyrocket!

Posted by wallstreetrookie > 2021-05-04 12:43 | Report Abuse

@gcke no one cares about your opinion. Want up up la

Posted by wallstreetrookie > 2021-05-04 12:44 | Report Abuse

If you like EPS ROE so much, why don't you all in Public Bank and TopGlove? Because boring right? Then exciting stocks like Tocean complain haha

Posted by wsken86 > 2021-05-04 13:01 | Report Abuse

Takut takut. Sudah masuk keluar 3 kali. Takut mau ketuk pintu masuk lagi.

Posted by gcke > 2021-05-04 13:01 | Report Abuse

@wallstreetrookie me not protesting BUT the price increase profile has shot beyond its prospective forward earning from its latest acquisition. Unlike glove counters during last year onset of the pandemic the 4 top counters Hartalega,Topglove,Supermas and Kossan have their share prices increase by between 300- 1,000% from their prevailing value. That's because the huge prospective earnings to be accrued from the increased "Agreed Selling Price(ASP)" of the gloves have also increased dramatically when there were huge demands which cannot be met fully by them. Their latest profits recorded by four of the top glove counters are in the billions. Whereas for Ocean such price movement is clearly the act of irresponsible manipulation - can be easily discerned and proper action by SC has to be taken now.

Posted by wallstreetrookie > 2021-05-04 13:48 | Report Abuse

I don't mean to disagree. Glove companies definitely have good fundamentals but when good fundamentals (EPS/ROE/div%) become public knowledge and even grandma knows about TopGlove's EPS, there is no more catalyst as every retail investor has bought in with their life savings. Make sense?

however have you watched the latest Berkshire Hathaway AGM? Charlie Munger continued to bash Bitcoin and Bitcoin/Ethereum all surged this week. Warren Buffett described the stock market as a casino when he himself sold airlines at the bottom despite his "value investing" and "buy the fear" thesis. In another words, he's jealous that young sophisticated traders are netting higher returns than him as if he himself is any more intelligent than buying blue chip companies in 1998. I mean all blue chip companies are dirt cheap.

I have an explanation for you on why value investing is harder but not impossible. Suppose we are back in 1998-2008 during a time without the advent of the high speed Internet browsing and Google. People had to watch CNBC and newspaper to learn about a company's EPS ROE whatever financial indicator. People don't know about insider transactions back then. But now all you need is a click of button.

Conclusion: While I do not condone excessive speculation, I believe that if an investor solely relies on financial indicators and publicly available information (glove ASP), he or she will fail to find a stock with sufficient catalyst and momentum. Because it is all supply and demand in the end. Unless you have inside information and you work at the company.

Posted by gcke > 2021-05-04 16:41 | Report Abuse

@wallstreetrookie at every quarter when the major companies in USA made their quarterly earning reports the corporate investors will be watching what their increase revenue streams, profits,return of equities,earnings per share,etc before they start to accumulate more of their portfolios again.If those companies failed in their financials then the sell-down of their stocks will come fast and thick.No mercy.That similarly apply to those mega-giant IT companies listed on NASDAQ. And their PE is about 12-16 even with the stupendous pice jumps in stocks.

A2. But over here if our Bursa Saham KL (BSKL) is properly regulated, NO reason for a loss making company losing money year after year to see their share price spiked and skyrocket in this ridiculous manner. Why not the share of TM jumped up because they are also one of the cloud computing partners with Amazon,Microsoft,etc that was recently launched and announced.

A3. Something is clearly amiss here.

A4.From my lengthy professional training,exposure, and expertise with the government I can clearly observe that this share price jump up is manipulated,and played up. For those unwary and gullible investors who have NO inkling and proper knowledge about the market price trend will be caught badly.

A5.Before it happened that the reason why I made a note to the SC and the press. Hope to see some semblance and proper governing of the market.

Posted by NKLpunya > 2021-05-04 21:02 | Report Abuse

From the former IGP final statement recently, clearly it's an indication that anything can happen in this bolehland, nothing is impossible. 1MDB has created the situation of that impossible possibility.
Similarly seen in the recent goreng of pennystocks where till this day someone still post the warning article in many counters forum though it's already a basi news.. and what has happened with Gets, Dataprep etc... so what's the different with T.Ocean. Then bot surprise if tomorrow it create another limit up.

Posted by SandCoffee > 2021-05-04 23:45 | Report Abuse

Hey, any reason why price up so much?

Posted by ben0303 > 2021-05-05 00:02 | Report Abuse

SandCoffee.....its demand

Posted by Michael R. > 2021-05-05 09:23 | Report Abuse

wahh... another DATAPREP gang...Welcome to the CLOUD Business...

Posted by Lida Rashid > 2021-05-05 09:46 | Report Abuse

wow....rocket to sky then to d moon....marvellous....

Posted by fms016 > 2021-05-05 09:51 | Report Abuse

QR loss but still up share price..

Posted by sasword > 2021-05-05 09:56 | Report Abuse

Now launching money washing 3.0 project

Posted by amateurJR > 2021-05-05 10:25 | Report Abuse

This klci is a market controlled by gangster and money launder. Another scam counter and Bursa remains sleeping

Posted by NKLpunya > 2021-05-05 10:28 | Report Abuse

I'm suspicious that the few counters which are now being goreng or have been goreng-ed but will be goreng-ed again, like Dataprep are related to GE15 fund accumulation by the few major parties which have the means to do that with counters they have control in and almost all these counters if not all are negative profit counters.

Posted by amateurJR > 2021-05-05 10:32 | Report Abuse

This new PM is terrible. Looks at the way our share market is managed and played!

Posted by chopstick > 2021-05-05 10:33 | Report Abuse

just becos u didn't make any money out of it and jealous n envy ,

Posted by shearer202 > 2021-05-05 10:37 |

Post removed.Why?

Posted by shearer202 > 2021-05-05 10:38 | Report Abuse

Rm 10 coming soon !

Posted by Luckybull > 2021-05-05 10:46 | Report Abuse

Pure speculation. No need to justify.

Posted by fairyz > 2021-05-05 11:06 | Report Abuse

what is this madness? lmao

Posted by bookerhoot9eee > 2021-05-05 11:23 | Report Abuse

what is going on lol

Posted by New2020 > 2021-05-05 12:59 | Report Abuse

What is happening???

Posted by Jackiee > 2021-05-05 13:19 | Report Abuse

tp 10.60, just enter 6.8 plan to run at 9.5

Posted by LINSON68 > 2021-05-05 14:43 | Report Abuse

wat happen ?

Posted by Michael R. > 2021-05-05 14:47 | Report Abuse

This is DATAPREP style... limit up limit down no problem...

Posted by LINSON68 > 2021-05-05 14:52 | Report Abuse

haha

Posted by ChongLeeWoon > 2021-05-05 15:28 | Report Abuse

To the moon or TO OCEAN?? Let's see this RM10 rumor dream or reality

Posted by Zrenxy > 2021-05-05 20:58 | Report Abuse

hoot Gpacket Limit up next, also loss making company

Posted by sasword > 2021-05-06 09:40 | Report Abuse

To the pocket of rotten gov and filthy sharks.

Posted by apolloang > 2021-05-06 10:18 | Report Abuse

bo chow si….limit down coming....hahaha

Posted by amateurJR > 2021-05-06 10:28 | Report Abuse

Alot money flows into Ding Dong Bell gov pocket. Well done!

Posted by Squirtle > 2021-05-06 11:10 | Report Abuse

I is quit liao
Lose many time

Posted by Squirtle > 2021-05-06 11:11 |

Post removed.Why?

Posted by Squirtle > 2021-05-06 15:25 | Report Abuse

Sei lan jor
Dotter tuition money Also i is lose

Posted by gcke > 2021-05-06 21:26 | Report Abuse

No logical fundamentals - financials,etc why such non-profitable and mediocre counter price can spike so high unless it is cornered,played up and manipulated.Time for SC to designate such counter to prevent further losses to the retail investors.To put in short irrational exuberance.Today unfortunately caught many gullible players who just follow the crowd and get caught blindsided.

Posted by comebackkid > 2021-05-06 22:00 | Report Abuse

Agree except for designation. Majority of retail investors (I think) had switched to a 0.1% commission account, whereby the brokerage houses will require sufficient cash upfront prior to purchases being allowed. Therefore, caveat emptor should suffice.

Posted by shearer202 > 2021-05-07 21:38 | Report Abuse

This kind of gambling stock must buy in at lowest price to reduce the loss risk , buying this kind of stock is just like i have extra 3k bucks not in urgent use n i just throw to bet this stock at lowest point , if really keeps LU then happy , if keeps dropping then just closed your eyes n hold it when until banker happy to entertain u again at some time !

Posted by Sinoboy > 2021-05-07 22:36 | Report Abuse

Operators on holiday for next week. Uptrend activities will resume after that :))

Posted by gcke > 2021-05-10 10:57 | Report Abuse

There is a limit to any upside to any stock price. It is very plain,clear and factual even at today price RM 5.82 the stock is very much overvalued. Only the gullible and the blind leading the blind will ever buy and pick up such overvalued(no clear fundamentals). At such a price one will go for TM, CIMB or many others from Bursa Saham. Reality sounds, best to avoid the stock at such ridiculous price and moves on. Sorry for those buying such overvalued stock and marking huge losses on their hands.

Posted by gcke > 2021-05-10 13:53 | Report Abuse

Securities Commission (SC) as the equity or stock market regulator should designate such unusual stock price movement and capped the price for a lengthy period.SC should be seen as doing their job effectively and well to ensure a proper and regular functioning of the market for the investors from the retail and public. No logical or sound reason for the price to spike from 0.74 cents to more than RM 6.00 in a short period of time. Such stock price pumping up is not in the best interest of the retail and public investors. SC has to discharge its duties as in the existing securities regulations without fail.

Posted by gcke > 2021-05-10 19:15 | Report Abuse

https://klse.i3investor.com/blogs/koonyewyinblog/2021-05-08-story-h1564349207-What_pushes_the_stock_price_up_or_down_Koon_Yew_Yin.jsp

Posted by VTrade > 2021-05-10 19:37 | Report Abuse

Mco punya pasal?

Posted by gcke > 2021-05-11 16:16 | Report Abuse

Any investor should also know and be alert with global equity's market moves and developments. Today,major HK,Australia,Japan,Taiwan,South Korea down. Europe markets just open red with technology,mining and transport shares battered. Dow Jones,S & P and Nasdaq futures in the red following overnight big falls on Nasdaq.Volatility index trending up indicating more turbulence in the global markets ahead. Smart investing is not just fixated only on the selected stock prices. Such local Bursa listed-shares will be exposed to any sudden big falls in overseas equity markets Don't be the blind following the blind.You will lose big at the end. What you make at the beginning may cause you to lose more once our local market follow the disruption from the global equity markets.Just to share.

Posted by gcke > 2021-05-11 20:54 | Report Abuse

This stock counter even after it falls today by 0.74 cents to RM 4.69, is still very much overvalued.Historically only worth 0.50 cents. Making fools of may gullible investors and players who just follow the crowd, and with some of them like professed market master urging them blindly on.Not right and get many caught holding the overvalued shares.At this price one can buy TM,CIMB,Gas Malaysia,BIMB, and many other stocks from Bursa with sound fundamentals. Clearly a cornered and manipulated stock.What is the Securities Commission doing as regulator of the local equity market? I am not pleased if there were laws and regulations to be uphold but not followed and enforced.

Posted by shearer202 > 2021-05-11 22:38 | Report Abuse

SC ......ha ha ha ! Their mouth jobs very good but not their action !