OCEANCASH PACIFIC BHD

KLSE (MYR): OCNCASH (0049)

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Last Price

0.39

Today's Change

-0.01 (2.50%)

Day's Change

0.39 - 0.40

Trading Volume

11,200


11 people like this.

5,309 comment(s). Last comment by Michael Kwok 2 weeks ago

balvin71

1,153 posts

Posted by balvin71 > 2024-02-20 21:03 | Report Abuse

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.

balvin71

1,153 posts

Posted by balvin71 > 2024-02-29 11:52 | Report Abuse

Disappointing Qtr 4 2023 results. Management predicting 2024 will be another challenging year.

balvin71

1,153 posts

Posted by balvin71 > 2 months ago | Report Abuse

https://theedgemalaysia.com/node/707557

Hope this will increase sales in Indonesian.

M55555

1,015 posts

Posted by M55555 > 1 month ago | Report Abuse

Low volume but price movement looks good . Looking forward for coming QR report.

limch

3,030 posts

Posted by limch > 1 month ago | Report Abuse

33 sen cannot go up any more? What for? At least Fintec still up haha.

M55555

1,015 posts

Posted by M55555 > 1 month ago | Report Abuse

Fintec is a gone case. Ocn today sudah up . Be Patient

$$ BUYSELL $$

1,715 posts

Posted by $$ BUYSELL $$ > 1 month ago | Report Abuse

get ready

balvin71

1,153 posts

Posted by balvin71 > 1 month ago | Report Abuse

Based on the quarterly results Q1 2024, it looks like there is a delay in any possible turnaround.

Note B1, there is a delay in the start of spunlace production.

Additionally, it looks like all is not well in Indonesia. Even after making substantial investment in cross lapping and vertical felt production lines, quarterly sales are lowest since Q4 2020.

Revenue in Thailand has not shown any improvement. Sales of only RM3.1 mil, significantly less compared to sales in Q4 22 when sales was RM5.7 mil.

Michael Kwok

6,202 posts

Posted by Michael Kwok > 2 weeks ago | Report Abuse

Sell call oceancash 40 cents
Let see buy on 20th of june.surprise coming.
18/6/24 10.57am

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