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2020-06-30 18:19 | Report Abuse
Comfort also dropped. K+ also. Let's see tomorrow
2020-06-30 12:16 | Report Abuse
This statement from where can be founded
2020-06-29 19:35 | Report Abuse
And company website also mentioned.
2020-06-29 19:34 | Report Abuse
So many article said material for surgical appeals like mask, caps.
2020-06-29 16:38 | Report Abuse
surgical apparels including caps, masks, and gowns
2020-06-29 16:37 | Report Abuse
U go to company 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
2020-06-29 14:07 | Report Abuse
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
2020-06-26 21:54 | Report Abuse
https://www.google.com/amp/s/simplywall.st/stocks/my/consumer-durables/klse-ocncash/oceancash-pacific-berhad-shares/news/are-investors-undervaluing-oceancash-pacific-berhad-klseocncash-by-48/amp/
I quite like and agreed this logic of research at this link that the price is lower 48% than market price now. Dividend consistent, cash flow good. Etc
2020-06-26 21:52 | Report Abuse
Mask before covid 19 is Rm5 per box, during start covid 19 rm75, now selling rm35. Compare 35 to 5 is 7times. So, material also will highly consume by mask factory for production.
2020-06-26 20:14 | Report Abuse
In a report notes, mentioned ocncash will performed fairly in 2020 with covid19
2020-06-26 18:15 | Report Abuse
We know well that this company no doing face mask but supply material to factory doing mask. You all can go the company website to see the product
2020-06-26 18:14 | Report Abuse
Mentioned in report that company performed fairly under covid-19 circumstances 2020.
ROE improved and Eps improved
2020-06-26 17:48 | Report Abuse
Wat I see the result is good. Who can try summary it to all?
2020-06-18 12:54 | Report Abuse
This share nice PE. That's y holding
2020-06-18 12:54 | Report Abuse
Due to mco, so can extend. By latest by end june
2020-06-09 18:21 | Report Abuse
Hold it. Believe it will fly
2020-06-09 10:32 | Report Abuse
Is follow sector. Now all carepls, comfort, LKL, k1, hlt is same like ocncash. No worry
2020-06-08 18:10 | Report Abuse
Idunwork, the news u posted not true. U should refer to Malaysia official news.
2020-06-08 18:08 | Report Abuse
Ocn able to feed our Malaysia mask factory, already can gain. Malaysia is the main prod
2020-06-07 20:58 | Report Abuse
Let's Say PE =48,price can go up until 1.4... 1.4/2.9 =48
2020-06-05 18:47 | Report Abuse
Ocncash is provide material for making mask
2020-05-30 00:39 | Report Abuse
Jason, 因为covid,所以迟交。很多公司都迟交。不要担心。这个没关系到
2020-05-28 18:53 | Report Abuse
Lol. I hope and wish good qr or maintain. Then nice
2020-05-27 20:11 | Report Abuse
I tot q1 wil be have increased... Because volume transaction increased since Jan until march
2020-05-27 13:22 | Report Abuse
Actually no related. U are right. Just the myeg Mr wong is one of shareholder of eforce
2020-05-21 18:41 | Report Abuse
Depend. Let's see. Because Based on 2016,q result shown in red. But stock price is steady based on stable cpo. And also FGV in the past also rm1+ even 3 quarter is red.
Stock: [CAREPLS]: CAREPLUS GROUP BERHAD
2020-07-08 21:14 | Report Abuse
Berlangganan Pro
hazimrashid123
8 Jul 20, 14:46
$CAREPLS / 0163 (CAREPLUS GROUP BERHAD) AGM summary
I am sad since I joined the agm a bit late, but it’s ok lah hahaha. I will share the input that I got from the AGM.
The company said thy have a very good prospects ahead:
1) The company said the surge of glove demand had increased the ASP, but the management doesn’t tell the exact amount increase of ASP. The management said that the selling price depends on the customer itself such as volume or the book order period.
2) The company told us that the acquisition of CGG is to capture a growing demand outside Brazil accelerated by pandemic. The CGG also had provided a better profit margin
3) The company wanted to increase its capacity by 9 new production lines by the end of 2020. The increase of production line will increase the production by 2.4 billion.
4) The management said the company didn’t take the long order book period and its customer basically focus more short term period like 3 months. But, if the customers wanted to make a contract with the company, then it will be a different story.
5) The company also said that the post JV with the Ansell will help them to boost the earnings in long term.
Q&A session
Q: What is your ASP?
A: The Company said they didn’t sign contract with anybody, and they don’t have the fixed selling price quarter on quarter. The price depends on raw material and demand.
Q: Will the company give dividend?
A: The company told us that maybe the company will declare a special dividend but it all depends in their financial performance.
Q: How about the orderbook of the company?
A: The company said it is a bit irrelevant to have order book, since most of the customers want to order the gloves like forever.
Q: What is the different price between the spot order and regular order?
A: The regular order price right now almost have the same price as spot order.
Q: Why the company have lower gross profit margin compare to the Big 4?
A: the company said that they are on the expansion level, that’s why the gross profit margin is at the lowest compare to the Big 4. But, after the completion of new production lines, the company will have a good margin.
Last but not least, a wise word from Mr Lim, CEO of Careplus “No matter whether you are a small or big, just do your job well and you will excel”.