OCEANCASH PACIFIC BHD
KLSE (MYR): OCNCASH (0049)
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Last Price
0.30
Today's Change
0.00 (0.00%)
Day's Change
0.30 - 0.305
Trading Volume
423,700
Details of Changes
Securities After Change
Transactions
| Ann. Date | Name | Details of Changes | Securities After Changes | |||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Date | Type | No. of Shares | Price | Direct (%) | Indirect (%) | Total (%) | ||||
Discussions
11 people like this. Showing 50 of 5,304 comments
EPS of 0.65 is best since Qtr 1 2020. Given Qtr 1 2022 no lockdown etc., I has hoping EPS to be 0.8 for the quarter. Hopefully will see improvement once Thailand factory starts operations.
2022-05-27 19:28
Last few days added a bit more between 0.33~0.34. Based on information available, we will see 2nd half 2022 perform much better.
2022-06-01 09:56
Hopeless Oceancash. Company buyback lol and operators add volume among themselves to create volume. Otherwise, this counter is dead like Topglove, Supermax, Careplus, Hartelega etc. These counters inclusive if Oceancash in 2000 were darling counters. But now are neglecting counters by operators & IBs
2022-06-12 23:33
Stock is under valued. Buy, keep and forget about it. Next year this time, sure will up 20~30% from current levels.
2022-07-11 12:38
Owner collecting at chiput scale.. 10000, 20000 units at a time. Any ikan bilis can do that too. If want to support the prices collect one shot, 100k to 500k unit. Immediate clean out those ikan bilis seller la.....
2022-08-17 16:32
Owner is trying to scam people to buy in. Maybe below 0.2 can buy this share
2022-08-18 11:43
0.2 boleh ka. if reach 0.2 , i max masuk . Base on consistent Div payout it will be like 5% yearly with potential value up.
2022-08-21 22:35
Net Profit only 493k for the latest quarter. EPS 0.19 cents. Very dissappointed.
2022-08-23 21:15
I
Abandon the ship and run If it is below 0.2 . Do not grab until to you are fully drowned.
2022-09-25 23:23
That day waited and collected at 0.295. Now no need wait and can straight away buy at 0.28. Wonder how low will this go.
Hopefully going forward profit will improve based on the following:
1) Ocean Freight Rates have drop significantly. This will positive for sales and profit of hygiene division.
2) Starting 3rd Quarter, renegotiated new increased pricing to current customers in the insulation division.
3) Insulation division new plant in Thailand to begin operations and should contribute positively to sales and profit of the insulation division.
2022-10-15 17:32
Wah today open 0.295 ,then shoot up 0.34 . 30 mins later back to 0.30.. Apalah. Macam silap press button order je. Setting Jual jadi belikah ?
2022-11-03 11:13
Get to know its customers are tier 1 vendors for many reputable cars and Japan diaper manufacturers. Fundamental is there.
2022-11-30 23:48
https://protonsetapak.blogspot.com/2023/01/proton-sold-142432-units-in-2022-136026.html
With strong car sales, insulation division will do very well. Next year, Proton and Perodua sales expected to increase even more and set new records. Thailand plant started operations with good sales. 2023 results expected to be the best ever.
2023-01-09 17:04
Collect dividend 0.01 setahun. Kena quarantine on this luxury condo for another few more years.
2023-03-02 10:34
Disappointing Q2 2023 results.
Compared to Q1 2023:
Insulation division recorded lower revenue (about 20%) and lower profit (about 21%).
Hygiene reported a slight increase in sales (about 2%) but a much bigger loss (almost 300%).
As for prospects: Directors anticipate performance to maintain at current levels for the rest of 2023.
2023-08-28 20:43
https://theedgemalaysia.com/node/682025
Doesn't look good for manufacturers
2023-09-11 22:51
it is about time to collect some . Hope same DIV will be release this year like previous year.
2023-09-15 16:40
I think OCNCASH will turn around in 2024. Catalyst includes spunlace sales, Indonesia insulation plant start making new products and Thailand insulation plant ramp up production. Agree with you, can start collecting at current levels. Must have holding power. Not much downside, look for decent returns in 2024.
2023-09-19 10:44
I anticipate Qtr 3 2023 results to be bad. Being drag down by the hygiene non-woven division and increase in overall cost due to depreciation of the Ringgit with higher labor and electricity cost. 2023 dividend might be lower than 2022.
2023-10-24 17:12
https://theedgemalaysia.com/node/689902
Doesn't look good for felt division.
2023-11-23 14:24
Dividend only RM0.005, lowest since 2013 (lowest in the last 10 years). Foresee Quarter 4 2023 performance will be about the same. Guess, we have to wait till 2024 to see improvement. Will only add if stock price goes below RM0.30....probably below RM0.27.
2023-11-27 17:36
why are the reason for the hygiene division to record substantially lower revenue?
2023-12-03 15:04
Per quarterly Report:
The reduction in sales in hygiene division was due to weakening of
Japanese Yen against US Dollar had made our export sales price to Japan less competitive.
2023-12-04 12:46
Ringgit is the second weakest asian currency after JPY… if Japan did not import from Malaysia to take advantage of the currency, meaning Japan is procuring the raw material from their home turf? Doesnt make sense
2023-12-05 16:02
Using a PE ratio of 20 to project TP.
For the stock to go to RM0.40 would need to generate an annual profit of about RM5.2 million or quarterly profit of RM1.3 million.
For TP of RM0.60 annual profit would need to be at RM7.8 million or almost RM2 million per quarter.
I don't see this happening in the near future. For the first 9 months of 2023, total profit was RM2.1 million or average per quarter of RM711k. The quarterly profit would need to almost double for it to justify TP of RM0.40 or increase by 275% for TP of RM0.60.
This is only my opinion. Please do own analysis.
2024-01-11 11:19
Does anyone have any info on the new non-woven needle punch machinery that has been installed at the factory recently? Info like capacity, potential revenue and profitability of this type of product.
2 months ago
Disappointing Qtr 4 2023 results. Management predicting 2024 will be another challenging year.
2 months ago
https://theedgemalaysia.com/node/707557
Hope this will increase sales in Indonesian.
3 weeks ago
Unveiling Potential: Analyzing OCNCASH Stock and Its Expansion Moves
Introduction:
Oceancash Pacific Berhad (Stock Symbol: OCNCASH) stands out as an intriguing investment opportunity, trading approximately 36% below its Net Tangible Assets (NTA). As the largest manufacturer of felt in Southeast Asia, OCNCASH boasts manufacturing plants in strategic locations such as Malaysia, Thailand, and Indonesia. In recent years, the company has made significant investments in expanding its product lines and enhancing manufacturing capabilities, positioning itself for growth and market dominance.
Diving into OCNCASH's Operations:
OCNCASH's core competency lies in its dominance in the felt manufacturing industry within Southeast Asia. With manufacturing facilities strategically spread across Malaysia, Thailand, and Indonesia, the company enjoys logistical advantages and operational efficiencies.
Strategic Investments in 2023:
In a bold move to fortify its market position and diversify its product offerings, OCNCASH made substantial investments in 2023. The company expanded its capabilities by investing in cross-lapping and vertical felt production lines in Indonesia. These investments were aimed at catering to the burgeoning demand in the automotive and building industries, showcasing OCNCASH's forward-thinking approach to adapt to market trends.
Diversification in Hygiene Division:
Recognizing the evolving consumer landscape and the growing demand for hygiene products, the establishment of a new production line dedicated to producing Spunlace material underscores the company's commitment to innovation and meeting changing consumer preferences.
Setting the Stage for Future Growth:
The year 2024 marks another milestone for OCNCASH as it ventures into new products with the establishment of a subsidiary focused on the automotive industry. Leveraging the latest needle-punch technology, OCNCASH aims to produce high-quality carpet materials tailored specifically for the automotive sector. This strategic move not only expands OCNCASH's product portfolio but also opens up new revenue streams and growth opportunities.
Conclusion:
OCNCASH's proactive approach to investment and expansion highlights its resilience and ability to capitalize on emerging market trends. With a solid foundation in felt manufacturing and a strategic vision for the future, OCNCASH is poised for sustained growth and profitability. As the company continues to innovate and adapt to changing market dynamics, investors can anticipate promising returns and long-term value creation from their investment in OCNCASH stock.
9 hours ago
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
balvin71
We get together and switch on. :)
2022-04-23 11:33