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

Si Min Tan

246 posts

Posted by Si Min Tan > 2017-11-04 01:13 | Report Abuse

@Jeffbkt thank you Jeff!

enrique

379 posts

Posted by enrique > 2017-11-06 16:54 | Report Abuse

last minutes someone is sapu..... uptrends.....

Posted by investodiva > 2017-11-06 22:06 | Report Abuse

Woo hoooooo

sean1985

277 posts

Posted by sean1985 > 2017-11-07 13:54 | Report Abuse

wat happen shot up so high???

sean1985

277 posts

Posted by sean1985 > 2017-11-08 11:28 | Report Abuse

walao sure mou. haha huat ah. finally.

WM Niaga

1,406 posts

Posted by WM Niaga > 2017-11-08 14:54 | Report Abuse

Olrite!!

Stefan Lam

302 posts

Posted by Stefan Lam > 2017-11-08 15:01 | Report Abuse

changes in boardroom

Joshk

224 posts

Posted by Joshk > 2017-11-08 15:08 | Report Abuse

why no one scolding Lumier dy?

Stefan Lam

302 posts

Posted by Stefan Lam > 2017-11-08 15:12 | Report Abuse

no need scold lol..ignore only

Joshk

224 posts

Posted by Joshk > 2017-11-08 21:28 | Report Abuse

@wondersky, which Lor are you referring to?

Stefan Lam

302 posts

Posted by Stefan Lam > 2017-11-09 09:53 | Report Abuse

Dad pass to son..normal

sitia

1,261 posts

Posted by sitia > 2017-11-10 09:11 | Report Abuse

Ocncash need to pass 80 cts at least to gain more investor confidence. Don't just stay at 77

Joshk

224 posts

Posted by Joshk > 2017-11-10 11:38 | Report Abuse

@wondersky, i was referring to your deleted comment about boardroom tussle, thus i am asking you. Bursa announcement didnt mention boardroom tussle.

sitia

1,261 posts

Posted by sitia > 2017-11-13 23:49 | Report Abuse

Ocncash need to break out at least 80 to confirm an uptrend. So far, lagad only

Joshk

224 posts

Posted by Joshk > 2017-11-14 10:57 | Report Abuse

@sitia, how long have you been holding?

sitia

1,261 posts

Posted by sitia > 2017-11-14 14:48 | Report Abuse

a year

sitia

1,261 posts

Posted by sitia > 2017-11-15 18:02 | Report Abuse

Ocncash still go consistently to break 80. Continue the momentum and we will get there

dave5

116 posts

Posted by dave5 > 2017-11-17 11:00 | Report Abuse

coming....patience is the key. Good counter.

Joshk

224 posts

Posted by Joshk > 2017-11-17 11:17 | Report Abuse

Holding tight. Big sharks in calm sea! Awaiting for strong waves!

dave5

116 posts

Posted by dave5 > 2017-11-18 09:21 | Report Abuse

Eyes on stock oceancash

dave5

116 posts

Posted by dave5 > 2017-11-18 09:22 | Report Abuse

The star today commented buy signals

sitia

1,261 posts

Posted by sitia > 2017-11-18 18:17 | Report Abuse

can show the news?

dave5

116 posts

Posted by dave5 > 2017-11-18 19:09 | Report Abuse

OCEANCASH Pacific Bhd (Code:0049) has enjoyed a significant jump in its share price so far this year, almost doubling from 39.5 sen on Jan 3, to a high of 75 sen in intra-day session yesterday.

The stock saw its best days in Q2 as a meteoric rise on April 3 and 4 witnessed the stock surge from the 55.5-sen level to the 70-sen mark before proceeding to pace higher to its all-time peak of 86 sen.

With such a rapid rise in fortunes, the counter was due for a correction as investors took a breather and reaped the profits.

Based on the daily chart, another attempt to challenge the peak in July fizzled and the stock entered consolidation mode, trading in the lower 75-80 sen band.

Since then, this stock has been trading closely to the 14-, 21- and 50-day simple moving average (SMA) lines, and has now been joined by the 100-day SMA.

The 200-day SMA, which has remained intact throughout the stock’s ascension this year, remains in a healthy upward trending position.

Apparently, this counter shows healthy and north-facing indicators. The slow-stochastic momentum index gave a “buy” signal in mid-week and is poised for another bullish cycle. It is placed relatively low in the neutral territory, which means there is plenty of room for the bulls to run before they reach the overbought zones.

In addition, the daily moving average convergence/divergence histogram is also bullish, although more tempered in its posture. It is moving almost parallel to the signal line but keeping afloat in positive territory.

Meanwhile, the 14-day relative strength index is pushing upwards from the neutral area as the current trend gains strength.

Trading volume, however,has not returned to the levels seen during the upwards push in Q2, suggesting investors may still be cautious given the tepid principal market environment.

Should the buying resume, the bulls are poised to re-test the historical peak of 86 sen, or explore uncharted territory.

To the downside, the 200-day SMA offers concrete support at the 67-sen level.

The comments above do not represent a recommendation to buy or sell.

dave5

116 posts

Posted by dave5 > 2017-11-18 19:18 | Report Abuse

down load klsescreener apps

dave5

116 posts

Posted by dave5 > 2017-11-18 19:47 | Report Abuse

Log In

TOPICS TPP | Budget 2018 | Star Golden Hearts Award | True or Not | Moderate Malaysia
Eye on Stock; Oceancash Pacific
STOCKS ANALYSIS
Saturday, 18 Nov 2017
image: https://www.thestar.com.my/business/business-news/2017/11/18/eye-on-stock-oceancash-pacific/~/media/ab69a2a3852042f6925e3edfdcf6d9c4.ashx?h=328&w=400



OCEANCASH Pacific Bhd
image: https://cdn.thestar.com.my/Themes/img/chart.png

(Code:0049) has enjoyed a significant jump in its share price so far this year, almost doubling from 39.5 sen on Jan 3, to a high of 75 sen in intra-day session yesterday.

The stock saw its best days in Q2 as a meteoric rise on April 3 and 4 witnessed the stock surge from the 55.5-sen level to the 70-sen mark before proceeding to pace higher to its all-time peak of 86 sen.

With such a rapid rise in fortunes, the counter was due for a correction as investors took a breather and reaped the profits.

Based on the daily chart, another attempt to challenge the peak in July fizzled and the stock entered consolidation mode, trading in the lower 75-80 sen band.

Since then, this stock has been trading closely to the 14-, 21- and 50-day simple moving average (SMA) lines, and has now been joined by the 100-day SMA.

The 200-day SMA, which has remained intact throughout the stock’s ascension this year, remains in a healthy upward trending position.

Apparently, this counter shows healthy and north-facing indicators. The slow-stochastic momentum index gave a “buy” signal in mid-week and is poised for another bullish cycle. It is placed relatively low in the neutral territory, which means there is plenty of room for the bulls to run before they reach the overbought zones.

In addition, the daily moving average convergence/divergence histogram is also bullish, although more tempered in its posture. It is moving almost parallel to the signal line but keeping afloat in positive territory.

Meanwhile, the 14-day relative strength index is pushing upwards from the neutral area as the current trend gains strength.

Trading volume, however,has not returned to the levels seen during the upwards push in Q2, suggesting investors may still be cautious given the tepid principal market environment.

Should the buying resume, the bulls are poised to re-test the historical peak of 86 sen, or explore uncharted territory.

To the downside, the 200-day SMA offers concrete support at the 67-sen level.

The comments above do not represent a recommendation to buy or sell.

TAGS / KEYWORDS:
Stocks Analysis , EyeOnStock , Oceancash Pacifi


Read more at http://www.thestar.com.my/business/business-news/2017/11/18/eye-on-stock-oceancash-pacific/#XgoolEoCbpQ9vcFT.99

sitia

1,261 posts

Posted by sitia > 2017-11-19 01:50 | Report Abuse

Thanks Dave

sitia

1,261 posts

Posted by sitia > 2017-11-21 06:31 | Report Abuse

Oh dear Ocncash falling back to the previous price.

Stefan Lam

302 posts

Posted by Stefan Lam > 2017-11-21 10:52 | Report Abuse

ok back to 0.675 as usual

sean1985

277 posts

Posted by sean1985 > 2017-11-21 11:21 | Report Abuse

wat happen????

Joshk

224 posts

Posted by Joshk > 2017-11-21 12:22 | Report Abuse

Dont worry. Overall market bearish. Good time to collect more.

tokohM

432 posts

Posted by tokohM > 2017-11-21 13:32 | Report Abuse

i think OCNcash no problem. market sentiment only.

sitia

1,261 posts

Posted by sitia > 2017-11-21 14:15 | Report Abuse

Sipek laggard stock. Every time play between 67 till 76. Apa in?...

Joshk

224 posts

Posted by Joshk > 2017-11-21 14:40 | Report Abuse

Just the overall market sentiment is weak. But that's okay. Patience is the key. :)

dave5

116 posts

Posted by dave5 > 2017-11-22 11:04 | Report Abuse

patience run out.....

sitia

1,261 posts

Posted by sitia > 2017-11-23 10:48 | Report Abuse

ocncash KO

Joshk

224 posts

Posted by Joshk > 2017-11-23 17:33 | Report Abuse

Good QR.

Stefan Lam

302 posts

Posted by Stefan Lam > 2017-11-23 17:43 | Report Abuse

yoy drop

HuatRex

2,617 posts

Posted by HuatRex > 2017-11-24 01:00 | Report Abuse

Game over

abcb

3,056 posts

Posted by abcb > 2017-11-24 09:42 | Report Abuse

Declared Single Tier Interim Dividend of RM0.008 per ordinary share in respect of the financial year ending 31 Dec 2017
Ex-Date: 08 Dec 2017
Payment Date: 29 Dec 2017

Stefan Lam

302 posts

Posted by Stefan Lam > 2017-11-24 09:45 | Report Abuse

lucky i sold early

dave5

116 posts

Posted by dave5 > 2017-11-24 09:47 | Report Abuse

no game over 4th quarter results will double up. Be patience.

sitia

1,261 posts

Posted by sitia > 2017-11-24 10:29 | Report Abuse

Is the dividend interesting? how many %?

abcb

3,056 posts

Posted by abcb > 2017-11-24 10:32 | Report Abuse

Review of Performance For the Current Financial Quarter and Financial Year-to -date:
The Group's revenue increased by 12,9% to RM23.299 million quarter-on-quarter basis mainly due to increase in sales in hygiene division in Malaysia,Japan and Thailand.On year on year basis,the Group's revenue increased by 11.8% to RM67.343 million,mainly due to increase in sales in hygiene division in Malaysia and Japan,and also increase in sales in felts division in Philipines and Thailand.
The Group's recorded a decrease of RM0.085 million in net profit on quarter-on-quarter basis,mainly attributed to weakening of Indonesia rupiah and the drop in sales in felt division
On year-on-year basis,the Group's recorded an increase of RM0.582 million in net profit,due to increase in revenue in felt division and hygiene division

abcb

3,056 posts

Posted by abcb > 2017-11-24 10:47 | Report Abuse

Materials Change in Profit Before Taxation of Current Quarter in Comparison with Previous Financial Quarter's results:

The Group's recorded an increase of 5.3% in revenue to RM23.299 million compared previous quarter of RM22.119 million and increase of RM0.840 million in profit before taxation .The increase in profit before tax was mainly due to higher revenue in felt division and hygiene division and provision for foreign exchange

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

sean1985

277 posts

Posted by sean1985 > 2017-11-24 11:28 | Report Abuse

roller coaster

Joshk

224 posts

Posted by Joshk > 2017-11-24 15:29 | Report Abuse

we shall see :)

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