OCEANCASH PACIFIC BHD

KLSE (MYR): OCNCASH (0049)

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Last Price

0.425

Today's Change

+0.005 (1.19%)

Day's Change

0.415 - 0.425

Trading Volume

4,687,100


11 people like this.

5,311 comment(s). Last comment by Stead 2 months ago

Posted by Kai Shien Ks > 2017-03-08 00:03 | Report Abuse

0.6 no problem in this month

Davidl

1,816 posts

Posted by Davidl > 2017-03-08 02:53 | Report Abuse

Go Go Go! Heading 2nd TP

UMA

692 posts

Posted by UMA > 2017-03-08 04:29 | Report Abuse

Over price lol

Olga

773 posts

Posted by Olga > 2017-03-08 04:40 | Report Abuse

Hahaha

thesteward

6,782 posts

Posted by thesteward > 2017-03-08 08:16 | Report Abuse

today hit .55 hopefully

Posted by sayyouloveme > 2017-03-08 10:15 | Report Abuse

i smell 0.60 is nearer.

lloydlim

3,973 posts

Posted by lloydlim > 2017-03-08 12:56 | Report Abuse

Be patience, definitely more to go!

Posted by DieDieHold > 2017-03-08 13:20 | Report Abuse

i dream that it can be 0.70 or more

Posted by sayyouloveme > 2017-03-08 13:25 | Report Abuse

if 0.70, i can pay off my house deposit. lets pump it.

Posted by Dolly_Chai2 > 2017-03-08 14:12 | Report Abuse

guys, read this carefully (last sentence):


On quarter-on-quarter basis, the Group recorded an increase of 32.39% in revenue mainly due to increase
in revenue in nonwoven division in Malaysia, Thailand and Japan, and also increase in revenue in felts
division in Malaysia and Indonesia. On year-on year basis, the Group registered an increase of 5.37% in
revenue mainly due to increase in sales in nonwoven division in Malaysia and Japan market and increase in
sales in felts division in Thailand, Indonesia and Philippines market.
The Group recorded an increase of RM1.381 million in net profit on quarter-on-quarter basis was mainly
due to increase in revenue and foreign exchange gain. The increase of RM1.425 million in net profit on
year-on-year was mainly attributable to higher revenue and foreign exchange gain albeit there were
increase in depreciation expenses in Indonesia, trial run expenses for new production line and some fixed
asset written –off during shifting in Indonesia.

Posted by Dolly_Chai2 > 2017-03-08 14:15 | Report Abuse

--> albeit there were
increase in depreciation expenses in Indonesia, trial run expenses for new production line and some fixed
asset written –off during shifting in Indonesia.

explanation: early 2016, their results were not so good because of this reason... so we can expect 2017 will be even better than 2016 as its new line in indonesia is now in operation... previous the operational cost is also higher due to the commissioning of this new line and "dual expenses" (as explained by Management) as they need to maintain the old and new lines at the same time...

and dun forget about their products are consumer products/necessity... u need diapers / sanitary pads regardless of how bad economy is... and global population will definitely grow.. and more demand...

so i am setting at least 70-80sen as target price for this share...

Posted by Dolly_Chai2 > 2017-03-08 14:18 | Report Abuse

and read their Q3 and Q4 prospects:

Q3:
Prospect for Year 2016
Barring unforeseen circumstances, the Directors anticipate the Group’s performance for the financial year
2016 to be better than the financial year 2015.

Yes, they proved it to be the case!!!!


Q4:
Prospect for Year 2017
Barring unforeseen circumstances, the Directors anticipate the Group’s performance for the financial year
2017 to be better than the financial year 2016

again, let's see if they can make it again!!! (i think they will... sales will definitely increase due to increase of population, if they dont lose out to competitors)

Posted by Dolly_Chai2 > 2017-03-08 14:18 | Report Abuse

mari mari... sailang in.....

Posted by sayyouloveme > 2017-03-08 15:18 | Report Abuse

i believe in ocncash management. it will be more and more uptrend.

Davidl

1,816 posts

Posted by Davidl > 2017-03-08 15:24 | Report Abuse

Thanks Dolly_Chai2 for your information.

Posted by DieDieHold > 2017-03-09 10:05 | Report Abuse

Is time to sailang.

Posted by sayyouloveme > 2017-03-09 15:48 | Report Abuse

consolidation mode. accumulate again!

babypost85

365 posts

Posted by babypost85 > 2017-03-09 17:16 | Report Abuse

What is the best price to buy on tomolo ? 47?

Posted by Kai Shien Ks > 2017-03-09 17:29 | Report Abuse

tomorrow best price to buy is 0.505

Posted by sayyouloveme > 2017-03-09 18:18 | Report Abuse

0.505 is possible. dont know leh. haha
i think will rebound lah.

Stefan Lam

302 posts

Posted by Stefan Lam > 2017-03-09 21:29 | Report Abuse

will collect more if drop

Posted by sayyouloveme > 2017-03-09 23:12 | Report Abuse

wait it fly again! Weeeee

babypost85

365 posts

Posted by babypost85 > 2017-03-10 09:15 | Report Abuse

back to 44? lucky i no buying yet..... ><

babypost85

365 posts

Posted by babypost85 > 2017-03-10 09:17 | Report Abuse

im waiting for good price to buy ^^

kingcobra

2,772 posts

Posted by kingcobra > 2017-03-10 09:27 | Report Abuse

ride on babe!

Posted by sayyouloveme > 2017-03-10 09:33 | Report Abuse

no more 0.4X price. wait to resistance on 0.55!

Posted by DieDieHold > 2017-03-10 09:33 | Report Abuse

Lucky just stock in again at 0.49. Fasten your seat belt and ready to fly. this is not kidding. coz this not a airplane but a rocket.

Posted by sayyouloveme > 2017-03-10 09:36 | Report Abuse

@DieDieHold wow! you are so lucky! dont worry. wont drop back your price. this is only one chance to buy at 0.49.

kingcobra

2,772 posts

Posted by kingcobra > 2017-03-10 14:36 | Report Abuse

THE NEXT JHM!

Posted by sayyouloveme > 2017-03-10 14:45 | Report Abuse

0.55 soon. nearer and nearer.

Posted by Kai Shien Ks > 2017-03-10 14:46 | Report Abuse

2min of silence to those who wanna buy at 0.44 lvl

npznpznpz

315 posts

Posted by npznpznpz > 2017-03-10 15:03 | Report Abuse

hahahahahahaha. maybe need more than 2 mins

lloydlim

3,973 posts

Posted by lloydlim > 2017-03-10 17:10 | Report Abuse

60cts next week!

Posted by sayyouloveme > 2017-03-10 17:34 | Report Abuse

this is for sure.

Olga

773 posts

Posted by Olga > 2017-03-11 04:02 | Report Abuse

Olga Hahaha
08/03/2017 04:40

kingcobra

2,772 posts

Posted by kingcobra > 2017-03-13 15:46 | Report Abuse

watch me (OCN) grows.................

Davidl

1,816 posts

Posted by Davidl > 2017-03-13 17:19 | Report Abuse

Strong momentum, more to go!

Olga

773 posts

Posted by Olga > 2017-03-13 22:58 | Report Abuse

pretty..

ooihk899

2,057 posts

Posted by ooihk899 > 2017-03-15 14:55 | Report Abuse

looks like not much resistance now, all the way to 60sen

UMA

692 posts

Posted by UMA > 2017-03-15 16:06 | Report Abuse

Gogogo.......!!!!!

Posted by Kai Shien Ks > 2017-03-15 16:14 | Report Abuse

yea..sky is the limit

Posted by sayyouloveme > 2017-03-15 16:26 | Report Abuse

2 more days to reach 60 cents

Posted by WarrenColdeye > 2017-03-15 16:29 | Report Abuse

Don't day dream... lol

Davidl

1,816 posts

Posted by Davidl > 2017-03-16 00:06 | Report Abuse

Today might break 0.60!!

Posted by WarrenColdeye > 2017-03-16 19:44 | Report Abuse

Today no show

Posted by WarrenColdeye > 2017-03-16 19:45 | Report Abuse

But no problem.. sooner or later it will break at least 0.75..

lloydlim

3,973 posts

Posted by lloydlim > 2017-03-16 20:07 | Report Abuse

Be patient, time will tell!

ooihk899

2,057 posts

Posted by ooihk899 > 2017-03-16 20:51 | Report Abuse

next week only can break 60sen liao.

chong916

16 posts

Posted by chong916 > 2017-03-16 21:12 | Report Abuse

based on the chart pattern tomorrow cross 60sen is not a dream

ooihk899

2,057 posts

Posted by ooihk899 > 2017-03-16 23:09 | Report Abuse

Base on the chart you can notice that starting from 0.48, for every long white candle, there will be 2 days consolidation.

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