Posted by KINGCOBRA > 2020-08-11 11:12 | Report Abuse

littlefish90, just HOLD tight...quarterly results out soon ( 24 Aug 2020 ) up n down is normal ok?

Posted by degaht > 2020-08-11 14:16 | Report Abuse

https://klse.i3investor.com/blogs/supermax_analystbriefing/2020-08-11

Posted by Stock Geeks > 2020-08-11 14:35 | Report Abuse

haha, waht to make some money from face mask stocks to cover mask cost, mana tau duduk hotel

Posted by littlefish90 > 2020-08-11 15:33 | Report Abuse

kingcobra@you still holding?why drop so much

Posted by KINGCOBRA > 2020-08-11 15:52 | Report Abuse

am still holding...since u are so worry dump off when strong rebound tomorrow or day after....just as norm profit taking !!

Posted by littlefish90 > 2020-08-11 15:52 | Report Abuse

what happen to this counter?

Posted by KINGCOBRA > 2020-08-11 16:04 | Report Abuse

nothing to worry ....just taking profit ....it is normal lah littlefish90!

Posted by littlefish90 > 2020-08-11 16:05 | Report Abuse

kingcobra@ok.

Posted by littlefish90 > 2020-08-11 16:40 | Report Abuse

kingcobra@need add some more to average the price?

Posted by KINGCOBRA > 2020-08-11 16:53 | Report Abuse

if extra cash okay

Posted by thetrueinvestor > 2020-08-11 18:03 | Report Abuse

just hold. im entered 1.35 still holding. not swayed by this fake selling pressure. dont forget oceancash not just like other goreng counter who just ventured into face mask in may/june. this company already long ago producing non-woven fabric for 3ply mask. high manufacturing capacity will drive cost lower and better net profit margin. RM 2.00 TP. no hit no sell

Posted by littlefish90 > 2020-08-11 18:52 | Report Abuse

thetrueinvestor@so when the price down,have you buy more?

Posted by sianging > 2020-08-11 19:42 | Report Abuse

am in 1.46 blindly.. guess need to wait very long time.

Posted by Malaika > 2020-08-11 20:26 | Report Abuse

Still hold ...

Posted by KINGCOBRA > 2020-08-11 20:31 | Report Abuse

tomorrow one hundred percent GAP UP...u can sleep peacefully!! my buddy " littlefish90 "

Posted by littlefish90 > 2020-08-11 22:02 | Report Abuse

kingcobra@thank for your advice everytime!hope tomorrow will rebound!

Posted by Underhand > 2020-08-11 22:15 | Report Abuse

Still holding and waiting

Posted by thousands > 2020-08-11 22:17 | Report Abuse

tomorrow green candle

Posted by thetrueinvestor > 2020-08-11 23:13 | Report Abuse

i didnt buy more because i all in at 1.35 already

Posted by ValueInnvestor > 2020-08-11 23:43 | Report Abuse

Many smaller retailer threw their ticket for nothing... only 1% mask business for OCN I can said...The core business still much depend on insulator for car manufacturing: Toyota, upcoming Perodua Myvi new facelift, Proton x50... You can always see the car sales volume keep breaking new high now days after economy reopen..

For the hygiene product they also earning like medical cap, sanitary napkin and etc...
Dont let the panic sell freak you out..believe at why you bought it at the first time..
Good luck guys for tomorrow rally! Looking forward for their QR report end August!

Posted by Kevin Tam > 2020-08-11 23:53 | Report Abuse

Value investor, most probably U r wrong ... 40-45% of oceancash revenue from non woven fabric segment, even 3 months ago, the stupid Cimb analyst giving wrong information to the public to make oceancash share prices to drop from 80 cents to 35 cents... Whole Malaysia only 2 companies producing non woven fabric ( which being used to make diapers n masks n so on) , they r Oceancash n Tekseng n Oceancash should produce more non woven fabric than Tekseng...

Posted by ValueInnvestor > 2020-08-12 00:08 | Report Abuse

Kevin- Wow, sound like you have good news than what i have surveyed. Can you provide the source of your saying? I believe with this able to calm many of our friends here. More confidence to hoot more..haha

Posted by Kevin Tam > 2020-08-12 07:16 | Report Abuse

None of the investment banks really giving 3 pages review of oceancash review but ICapital did give detail studies of oceancash about 2 month ago ; oceancash main business segment divided to 2 segment , one is insulation for car manufacturers, something called fell ... Another segment is hygiene related, mainly producing non woven fabric n the non woven fabric is about 40-45% of oceancash revenue, not as the Cimb analyst said only less than 2% of revenue from mask related supplies... Maybe the analyst only mean revenue get from masks but oceancash is the main producers of non woven fabric in Malaysia n South East Asia is fact n they r increasing their non woven fabric production in recent months.... Non woven fabric is used for diaper , wet tissue n so on, not only for face masks ( even though masks is high demand in these 6-9 months )...

Posted by littlefish90 > 2020-08-12 09:05 | Report Abuse

omg....

Posted by makcik > 2020-08-12 09:09 | Report Abuse

pengsan

Posted by darkangell > 2020-08-12 09:16 | Report Abuse

Becareful, it's downtrend

Posted by drpejal > 2020-08-12 09:36 | Report Abuse

a lot shaky one sell already. the brave one still holding

Posted by KINGCOBRA > 2020-08-12 09:38 | Report Abuse

time to grab some....

Posted by ValueInnvestor > 2020-08-12 09:47 | Report Abuse

I foresee the QR will be good, so I grabbed some liao!

Posted by littlefish90 > 2020-08-12 09:53 | Report Abuse

can in now?

Posted by Underhand > 2020-08-12 09:55 | Report Abuse

Be brave and hold on for goodies

Posted by KINGCOBRA > 2020-08-12 09:56 | Report Abuse

82.5s done!

Posted by littlefish90 > 2020-08-12 09:59 | Report Abuse

kingcobra@how lots you buy?

Posted by KINGCOBRA > 2020-08-12 10:07 | Report Abuse

50

Posted by ValueInnvestor > 2020-08-12 10:14 | Report Abuse

This from Oceancash Pacific last QR statement:

2020 is turning out to be a hugely promising year for ONW after achieving a satisfactory performance in 2019.
We have started commercial supply of perforated nonwoven, embossed nonwoven as well as spooled roll nonwoven
since 2019. We have also added 3 units of slitters to increase our supply capacity. Our new double-carding production
line has also been delivered and we hope to commission it as soon as possible. This new production line will increase
our capacity by 25% whilst further improving our capabilities.
We are still witnessing significant growth in the hygiene industry of South East Asia region and in countries like India,
Pakistan and Bangladesh. We are well positioned to capitalise on this regional growth trend.
The Covid-19 pandemic has also resulted in additional orders from new and returning customers due to disruptions
to their former supply chain.
In summary, we expect the business of ONW to be better due to the pandemic.

Posted by crabbyboy > 2020-08-12 10:23 | Report Abuse

ocn can write whatever they want, but market force is too huge to ignore... haizz

Posted by littlefish90 > 2020-08-12 10:24 | Report Abuse

kingcobra@.805now,still drop

Posted by littlefish90 > 2020-08-12 10:36 | Report Abuse

kingcobra@i loss 50% already,now don,t know want stay or leave?haiz

Posted by KINGCOBRA > 2020-08-12 10:42 | Report Abuse

drop so much and yet u want to quit?...extra cash best time to average 'cos this company is good making profits every quarters!!!

Posted by Stock Geeks > 2020-08-12 10:56 | Report Abuse

Agree with kingcobra, if u invest with your not emergency saving, then just wait lor. That's why don't buy rubbish stock, buy good stocks still can rebound.

Posted by thetrueinvestor > 2020-08-12 11:00 | Report Abuse

littlefish90, sell now very rugi ooo. my advice go do other things dont look at share price, share price today its means nothing in another 2 weeks. today can down 10-20 sen. in 2 weeks time can up 50 sen. u wont know de...

Posted by thetrueinvestor > 2020-08-12 11:00 | Report Abuse

if want enter, then enter on bad days like today. but never ever exit on bad days. always hold until green days to exit

Posted by ValueInnvestor > 2020-08-12 11:03 | Report Abuse

I truly understand the retailer now even like me also same enter at high point when greedy... Worst is didn't study the company background at all so they were panic now.. Buy high, Sell low
The usually norm for retailers... Tragedy but is very true, including myself

Posted by KINGCOBRA > 2020-08-12 11:31 | Report Abuse

only one word say it all!!!....OVERDONE

Posted by KINGCOBRA > 2020-08-12 11:31 | Report Abuse

or rather OVERSOLD

Posted by Stock Geeks > 2020-08-12 11:33 | Report Abuse

I loss until can't see road.

Posted by ValueInnvestor > 2020-08-12 11:42 | Report Abuse

Haha.. Investment talk about years... wait lor...if want quick then goreng penny faster, or go genting buy big small then no need self psychology abuse ..hahaha..just joking

Posted by thetrueinvestor > 2020-08-12 11:52 | Report Abuse

today can close 91-92 sen. will be good la.. hope dont close any lower than 90

Posted by KINGCOBRA > 2020-08-12 11:59 | Report Abuse

@littlefish90...have average up enough on this counter ....soon gonna zoom up further

Posted by ValueInnvestor > 2020-08-12 12:44 | Report Abuse

Market sentiment bad will create good bargain... Grab it and hold tight your seat belt, qr is coming out 24/8 right?