OCEAN VANTAGE HOLDINGS BERHAD

KLSE (MYR): OVH (0220)

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Last Price

0.18

Today's Change

-0.005 (2.70%)

Day's Change

0.18 - 0.18

Trading Volume

10,000


1 person likes this.

544 comment(s). Last comment by Robert Waters 1 month ago

Posted by shteh1962 > 2020-07-07 19:58 | Report Abuse

bila

ampabella

1,375 posts

Posted by ampabella > 2020-07-20 21:58 | Report Abuse

see lah this Wednesday makan nasi or makan roti canai

DRwarrant

8,354 posts

Posted by DRwarrant > 2020-07-21 10:04 | Report Abuse

TP 88 SEN !

DRwarrant

8,354 posts

Posted by DRwarrant > 2020-07-22 07:42 | Report Abuse

Oil prices surged early on Tuesday to their highest level since Saudi Arabia and Russia broke up the OPEC+ pact in early March, thanks to promising results in a coronavirus vaccine trial

wickedlion

893 posts

Posted by wickedlion > 2020-07-22 08:45 | Report Abuse

oil price pull back

Posted by SpicyMcDeluxe > 2020-07-22 08:58 | Report Abuse

kekw

mf

28,496 posts

Posted by mf > 2020-07-22 08:58 | Report Abuse

Large And Unexpected Crude Build Halts Oil Rally
By Julianne Geiger - Jul 21, 2020, 3:48 PM CDT

FLINV

217 posts

Posted by FLINV > 2020-07-22 09:04 | Report Abuse

0.405

DrJoel88

376 posts

Posted by DrJoel88 > 2020-07-22 09:05 | Report Abuse

Poor performance day 1. Massive sell off

fl888

7,654 posts

Posted by fl888 > 2020-07-22 09:19 | Report Abuse

last qtr result profit RM2.8 million and cash balance RM5.8million..now with IPO....a lot of cash lah... TP 0.88 cts no problem ??

hoby

164 posts

Posted by hoby > 2020-07-22 09:31 | Report Abuse

tq ovh, best stock, OTB murder not here

DrJoel88

376 posts

Posted by DrJoel88 > 2020-07-22 09:37 | Report Abuse

Open at 43cents but struggling at 45.5cents. Will it be able to sustain this pricing when the volume drops?

wickedlion

893 posts

Posted by wickedlion > 2020-07-22 09:51 | Report Abuse

overpriced! Below IPO is just what it worth

fl888

7,654 posts

Posted by fl888 > 2020-07-22 09:51 | Report Abuse

public issue 82.2 million share versus present turnover of 82.2 million...who is collecting..

bjgdila123

3,470 posts

Posted by bjgdila123 > 2020-07-22 10:47 | Report Abuse

waiting to fall down

Hooi369

657 posts

Posted by Hooi369 > 2020-07-22 10:52 | Report Abuse

lol...collected above 5...datuk karim invovle in this company?

Posted by investorwannabe > 2020-07-22 10:55 | Report Abuse

wow.. impressive morning trade! got in at 43c

Posted by bignate2019 > 2020-07-22 10:55 | Report Abuse

Share base is 411m now traded 154m or just over 37%. I dont think major shareholder sold the shares. Potential trading counter for those who want to make quick transaction

Posted by bignate2019 > 2020-07-22 11:01 | Report Abuse

You can see each buy and sell q is less than 1m units. Easy to move up or down. Maybe people will take advantage to move up as limit up is RM1.30. This share oversubscribed 15.9 times as public offer only 20.55m which is 5% of share base.

Pls trade at ur own risk

Hooi369

657 posts

Posted by Hooi369 > 2020-07-22 11:01 | Report Abuse

fly fly fly...

wickedlion

893 posts

Posted by wickedlion > 2020-07-22 11:12 | Report Abuse

price on free fall now

Hooi369

657 posts

Posted by Hooi369 > 2020-07-22 11:13 | Report Abuse

buy before too late ya...im watching from .453 to 49 then 45 then 52 back to 5 then continue fly...Woohoo...

NIWV

424 posts

Posted by NIWV > 2020-07-22 11:18 | Report Abuse

I bought at 0.54. Target today at least reach 0.6-0.7

NIWV

424 posts

Posted by NIWV > 2020-07-22 11:18 | Report Abuse

My second entry

Posted by bignate2019 > 2020-07-22 11:24 | Report Abuse

Niwv, dare to share ur first entry price and sold price

NIWV

424 posts

Posted by NIWV > 2020-07-22 11:27 | Report Abuse

0.475-0.53

NIWV

424 posts

Posted by NIWV > 2020-07-22 11:28 | Report Abuse

Take small profit only. I am not a shark. Haha

wickedlion

893 posts

Posted by wickedlion > 2020-07-22 11:29 | Report Abuse

How can company continue to profitable when there were capex cuts from oil majors?

Posted by bignate2019 > 2020-07-22 11:30 | Report Abuse

Good niwv, so 2nd entry price, if u dont mind

Posted by gurumaster999 > 2020-07-22 11:30 | Report Abuse

who grab at 0.26?

Posted by bignate2019 > 2020-07-22 11:30 | Report Abuse

Maybe people will look at this counter later as pharma both limit up, glove people have reservation today

NIWV

424 posts

Posted by NIWV > 2020-07-22 11:35 | Report Abuse

Bit high. I am standby to cut loss if needed. I believe afternoon more buyer will come and secure some tickets. Bank TP to 0.88. Hence 0.6 is possible. Tomorrow could be gap up too.

wickedlion

893 posts

Posted by wickedlion > 2020-07-22 11:37 | Report Abuse

Rakuten target price is 41 cent. Anything above is goreng.

fl888

7,654 posts

Posted by fl888 > 2020-07-22 11:40 | Report Abuse

do not believe in Rakuten too much...if they know, no need to work lah

NIWV

424 posts

Posted by NIWV > 2020-07-22 11:45 | Report Abuse

Rakuten always hang and jammed. Need to report/boycott this plantform

wickedlion

893 posts

Posted by wickedlion > 2020-07-22 11:46 | Report Abuse

Agree on the platform issues but on the analysis? I think they deserve some credit.

wickedlion

893 posts

Posted by wickedlion > 2020-07-22 11:48 | Report Abuse

What happened? stalemate at 515?

NIWV

424 posts

Posted by NIWV > 2020-07-22 11:53 | Report Abuse

Hope that it will going up again this afternoon.

wickedlion

893 posts

Posted by wickedlion > 2020-07-22 12:14 | Report Abuse

I've seen couple of recent IPO fall of the cliff. I hope not too.

NIWV

424 posts

Posted by NIWV > 2020-07-22 12:18 | Report Abuse

People are accumulating.

wickedlion

893 posts

Posted by wickedlion > 2020-07-22 12:46 | Report Abuse

OVH sells services not oil. Crude oil price movement has lesser impact on its bottomline but Oil majors. At this price point range Oil majors has cut their capex which mean lesser revenue for svc provider like OVH. Production cuts definitely put a dent on its earnings. Coming Q is not going to pretty.

NIWV

424 posts

Posted by NIWV > 2020-07-22 12:57 | Report Abuse

Wickedlion got the job to scare people out. Trust me. When the price drop his team will collect more.

wickedlion

893 posts

Posted by wickedlion > 2020-07-22 12:59 | Report Abuse

I don't ask anyone to trust me but think about it.

dataking

11 posts

Posted by dataking > 2020-07-22 13:18 | Report Abuse

OVH did not depend on long term projects. They actually never get long term projects like the other chronies companies. They depended on POs and the company directors hardwork. Besides, they have so many clients under their belt, and not only local clients. Velesto is one of their client, and is drilling in with Mubadala as their client. I expected their stock to go further, which is actually a good reward for their hard work.

dataking

11 posts

Posted by dataking > 2020-07-22 13:23 | Report Abuse

It is just a matter of time before their stock goes to RM1.00. This company is going to be the next Dayang or Petra. Been monitoring oil and gas service providers for quite sometime now and OVH is one to rise. They also are asset light and no debt. Their directors were ex Transocean and Seadrill. So, think about it and if you want to buy or sell it is your decision.

mushroom

664 posts

Posted by mushroom > 2020-07-22 13:27 | Report Abuse

in 0.465 but already out 0.535. LOL

wickedlion

893 posts

Posted by wickedlion > 2020-07-22 13:33 | Report Abuse

Fair enough but short term projects trails back to mid and long term projects and remember all project is under capex from the very top down to the chain.

wickedlion

893 posts

Posted by wickedlion > 2020-07-22 13:41 | Report Abuse

..and margin keep narrowing down to the last mile. If you said they're are very working hard, yes they must because they're walking on the thin line unless they've highly specialized and rare skills set.

dataking

11 posts

Posted by dataking > 2020-07-22 13:53 | Report Abuse

I agree that the capex will most likely affect them, but their asset light approach is a smart move. Less overhead to worry. I think they will have a decent Q3 & Q4. This is a bargain stock, and I guess some bigshots will be pumping in money here. Just some rumours I heard. Serba Dinamik guys might be behind this. Support is at 0.505, and the resistance at 0.54 is quite a though nut. If the third time it try to break and succeed, I can see it flying to 0.575 and then to 0.6 today. Good luck everyone who bought.

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