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.
Cos I understand car makers in Japan having problems with their car manufacturing due to disruption in supply chains. If part of the key components is fr China and they themselves needed the materials to produce masks, they may freeze exports
Need to wait coming qr result. Even at 0.56 still above value. Below 50 sen is good to accumulate. I have hold for 2 yrs my avg cost is 0.53. Thanks to unlucky event i manage to get out with 30%
To avoid direct contact from public toilet ,people now are using diapers and we will foresee a huge increase of demand. Counter like Oceancash may gain benefit from this. What do u think? Hahaha......
Masks demand escalating all history year time HIGH. The demand for masks will be continuous to rise in coming years all in the name of FLU-VIRUS!
Singaporeans are fighting to survive at this moment due to the rise of infected patients CONFIRMED!
In months to come, contacted patients will rise exponentially and you will find more dirty masks laying on the ground, and almost every outlets are calling-in for masks restocking!
I suggest all of you and families and friends start to restock masks and gloves at home. Malaysia is in drought condition except KL which always rain due to man-made rain.
Moneyfind, that's impossible... Even though the previous gap up was operated by evil banker to trap retailers. Overall, ocn fundamental is still good and hv room to improve.
Anyone know the portion of masks n other hygienic products consist about 30% or how many percentage of its revenue ? Even some said very small portion of revenue involved in surgical mask, diaper n hygienic products got potential in this period ...
Until now no one can tell me where Ocn got their raw materials from. If it’s sourced locally then it’s great but if part of the raw materials fr China, then gone case. Latest directive fr China government is even civil servants bar from using n95 mask cos it’s insufficient, they need to keep it for medical workers.
Ocencash is a fundamental diversified & expanded factories in Malaysia, Indonesia and Thailand. Even before the coronavirus emerged, Ocncash is making quarterly profits. That is why Ocncash obtained the mainboard status. Now, the production of hygiene segment have look forward to step-up production of hygienic products to cater for world demand. Anyway, do your homework and you will agree with me. The board of directors are also professional individuals. Bye abd good luck.
Yes... Agree. As long as you are not hoping coronavirus to bring fast money, ocean cash is worth to keep. The company is growing and hv prospect to go higher.
Michael Yeo Ocencash is a fundamental diversified & expanded factories in Malaysia, Indonesia and Thailand. Even before the coronavirus emerged, Ocncash is making quarterly profits. That is why Ocncash obtained the mainboard status. Now, the production of hygiene segment have look forward to step-up production of hygienic products to cater for world demand. Anyway, do your homework and you will agree with me. The board of directors are also professional individuals. Bye abd good luck. 09/02/2020 8:31 PM
The downside of OCNCASH is minor shareholders have had to hold for long time at a loss price. If only revival and opportunity can be enhanced in this stock, I strongly opine many will come into ocncash.
Mask shortage and CoV have played an extremely good publicity for OCNCASH in Msia.
I can only hope it keeps the momentum coming!
To say 82 c is impossible, who knows what the price will be.
Welcome ke9999! Yes, ocncash is a stock which u shouldn't ignore! Anticipate a better results coming follow by demand for felts to increase from 25% increase order.
learnbyheart daily8, it should be 10000% increase order if it is mask production yeah 10/02/2020 6:01 PM
Hi there, so far, there is no indication from Ocncash that they are producing mask direct, except the mask making material which also a big influence to the market. Until we see the coming report, then we are clearer in direction. Investing need patient. Don't worry, keep it and come back next year!
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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....
rocket
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Posted by rocket > 2020-02-06 13:35 | Report Abuse
Is Oceancash producing toilet paper?