GREEN OCEAN CORPORATION BERHAD

KLSE (MYR): GOCEAN (0074)

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Last Price

0.18

Today's Change

0.00 (0.00%)

Day's Change

0.175 - 0.185

Trading Volume

3,567,500


9 people like this.

4,790 comment(s). Last comment by JJPTR 2 months ago

minitrader

2,273 posts

Posted by minitrader > 2012-12-12 07:16 | Report Abuse

Bullish...minitradersiong@yahoo.com

Knight

186 posts

Posted by Knight > 2012-12-12 07:39 | Report Abuse

Bullish.. gstan29@hotmail.com thank you

Bullish

895 posts

Posted by Bullish > 2012-12-12 07:49 | Report Abuse

Mini trader r u Koo Voon siong

Wy Lee

512 posts

Posted by Wy Lee > 2012-12-12 07:57 | Report Abuse

bullish ...i want too....lwyy60@hotmail.com

minitrader

2,273 posts

Posted by minitrader > 2012-12-12 08:05 | Report Abuse

bullish...no la...

kltann

2 posts

Posted by kltann > 2012-12-12 08:11 | Report Abuse

Good morning Bullish and all
I am new here n had being following this forum. pse also email your valuable info to : kltann@yahoo.com..thanks

shahnd

94 posts

Posted by shahnd > 2012-12-12 08:43 | Report Abuse

bullish thank you for sharing scapel_nd@hotmail.com

sunrise

122 posts

Posted by sunrise > 2012-12-12 08:46 | Report Abuse

g.morning Bullish, can share with me at gtlam62@yahoo.com

limko

62 posts

Posted by limko > 2012-12-12 09:18 | Report Abuse

Bullish... kind of u to add me too, limko@yahoo.com

minitrader

2,273 posts

Posted by minitrader > 2012-12-12 09:39 | Report Abuse

holding well at 0.355. looks like support coming. wait n c

mikekong55

4,805 posts

Posted by mikekong55 > 2012-12-12 09:41 | Report Abuse

bullish why not post your info here instead replying individually. better to have open discussion; this way will make everyone wiser. surely gentleman like you can take criticism from this forumer.as the saying goes have more friends rather than enemies. what says you

Bullish

895 posts

Posted by Bullish > 2012-12-12 09:57 | Report Abuse

Mike give me your email...

cal9972

22 posts

Posted by cal9972 > 2012-12-12 10:07 | Report Abuse

please include me at cal9972@gmail.com

knight

186 posts

Posted by knight > 2012-12-12 10:13 | Report Abuse

Bullish daiko can invite me??

mikekong55

4,805 posts

Posted by mikekong55 > 2012-12-12 10:21 | Report Abuse

KongKL55@hotmail.com

minitrader

2,273 posts

Posted by minitrader > 2012-12-12 10:22 | Report Abuse

Hong2...Bullish has the answer to our queries...we are still waiting...

wai_mun

3 posts

Posted by wai_mun > 2012-12-12 10:23 | Report Abuse

Good morning Bullish and all
I am new here n had being following this forum. pls add me in email your info to : thomaschan_waimun@yahoo.com..thanks

Hong2

340 posts

Posted by Hong2 > 2012-12-12 10:24 | Report Abuse

Minitrader....am already in the group with Bullish. Just that, this forum here is very quiet! Missed reading all the cimments .hahaha......

minitrader

2,273 posts

Posted by minitrader > 2012-12-12 10:24 | Report Abuse

wow..so many interests coming...

kltann

2 posts

Posted by kltann > 2012-12-12 10:34 | Report Abuse

Hi Bullih and all the sifus.. yah miss the quietness from the respective comments, our ultimate objective is to make earnests $$ , hence, lets all hope n pray that GOcean will be a EVERGREEN and huat for ALL Investors..smile :)

cal9972

22 posts

Posted by cal9972 > 2012-12-12 11:24 | Report Abuse

Green Ocean: New major shareholder raises stake. In slightly over a month, Ng Chiew Eng, a substantial shareholder of Green Ocean Corp has gained the largest stake in the group with 20.6% as at Dec 5. Ng emerged as as a substantial shareholder of the group when he bought 11.4m shares on the open market, or a 6.1% stake, on Nov 2. (Financial Daily)

cal9972

22 posts

Posted by cal9972 > 2012-12-12 11:24 | Report Abuse

something brewing

sunrise

122 posts

Posted by sunrise > 2012-12-12 11:39 | Report Abuse

why taiko Ng holding 20.6% but still yet to appoint in the board?

mikekong55

4,805 posts

Posted by mikekong55 > 2012-12-12 11:45 | Report Abuse

maybe still collecting and make a GO when cross 30% holding

linlin

5 posts

Posted by linlin > 2012-12-12 11:53 | Report Abuse

bullish, pls include me : linlinl555@gmail.com

sunrise

122 posts

Posted by sunrise > 2012-12-12 12:07 | Report Abuse

fighting in controlling between taiko ng and the existing bod? another tiger show?

buybackma

790 posts

Posted by buybackma > 2012-12-12 12:17 | Report Abuse

mike.. hemm seems correct..maybe

Bullish

895 posts

Posted by Bullish > 2012-12-12 12:29 | Report Abuse

No fight. Most probably board seat will be offered.

Siewpao

15 posts

Posted by Siewpao > 2012-12-12 12:44 | Report Abuse

New major shareholder raises stake at Green Ocean

Wed, 12 Dec 2012 00:17:16 GMT

KUALA LUMPUR: In slightly over a month, Ng Chiew Eng, a substantial shareholder of Green Ocean Corp Bhd, has gained the largest stake in the group with 20.57% as at Dec 5.

The group’s next largest shareholder is Hesbon Co Ltd with a 14.05% stake as at July 31, according to the group’s 2012 annual report.

Ng emerged as a substantial shareholder of the group when he bought 11.43 million shares on the open market, or a 6.13% stake, on Nov 2. Since then, he has been aggressively buying shares on the open market.

He bought 14,437,200 shares from Nov 5 to Nov 8, doubling his shareholding to 13.88%.

In an announcement to Bursa Malaysia yesterday, Ng disclosed another acquisition of 56,000 shares on Dec 5, bringing the total to 38.35 million shares or 20.57% equity interest.

Green Ocean’s share price has been relatively robust, more than doubling in the past six months. The counter closed at 35.5 sen yesterday, up 102.86% from six months ago.

Trading volumes have also picked up. An average of 6.08 million Green Ocean shares have been traded daily in the past three months, compared with only 1.23 million shares in the prior three months.

The group on Nov 30 announced its second consecutive quarter of profit. For the quarter ended Sept 30, it posted a profit of RM690,000, a turnaround from a net loss of RM271,000 a year ago.

The profit was due to the reversal of an impairment loss on plant and equipment amounting to RM1.3 million in the quarter.  Prior to the two profit-making quarters, the group had incurred eight straight quarters of losses.

Green Ocean recently entered into an agreement to supply refined bleached and deodorised palm oil to SIME DARBY BHD []. The contract period to supply the premium cooking oil under the NoveLin brand is two years plus one year.

NoveLin’s edible oil, patented and developed by the Malaysian Palm Oil Board,  is a new and improved palm-based olein with unique composition and cold stability. It is a specially formulated to suit and meet the general market demand and nutritional recommendations of the World Health Organisation and the American Heart Association.

 

This article first appeared in The Edge Financial Daily, on Dec 12, 2012.

Posted by Lim Cheow Seong > 2012-12-12 13:44 | Report Abuse

bullish, pls include me : cheowseong@yahoo.com.sg

jlum

5 posts

Posted by jlum > 2012-12-12 13:59 | Report Abuse

Bullish, kindly share with me too : laiyinlum@yahoo.com

knight

186 posts

Posted by knight > 2012-12-12 14:06 | Report Abuse

Bullish pls include me also. pls gstan29@hotmail.com

Bullish

895 posts

Posted by Bullish > 2012-12-12 15:29 | Report Abuse

Sapu 355

buybackma

790 posts

Posted by buybackma > 2012-12-12 15:49 | Report Abuse

at 3.46pm no seller at 35c hemmm

minitrader

2,273 posts

Posted by minitrader > 2012-12-12 16:24 | Report Abuse

buy n hold...

mikekong55

4,805 posts

Posted by mikekong55 > 2012-12-12 16:37 | Report Abuse

tomorrow T3 for 0.38-0.385 follow by force selling on friday. most likely goreng on friday I presume.

minitrader

2,273 posts

Posted by minitrader > 2012-12-12 16:49 | Report Abuse

price should linger +/- 0.355 for a while...

Bullish

895 posts

Posted by Bullish > 2012-12-12 18:07 | Report Abuse

We minorities should be kingpin as we make it active. If we unite we can force these syndicates to push up price.

minitrader

2,273 posts

Posted by minitrader > 2012-12-12 19:27 | Report Abuse

yeah..we are the bits n pieces that complete the puzzle...

sunrise

122 posts

Posted by sunrise > 2012-12-13 09:52 | Report Abuse

taiko ng stop shopping?

buybackma

790 posts

Posted by buybackma > 2012-12-13 09:56 | Report Abuse

Taiko Ng breathless already.. others wait and see strategy .. either the same boat with him or missed the boat... and shrinking .. time will tell..smiles..

Bullish

895 posts

Posted by Bullish > 2012-12-13 10:08 | Report Abuse

Yes Peter, get your net ready. Can u please catch some fish for us to BBQ...

buybackma

790 posts

Posted by buybackma > 2012-12-13 10:31 | Report Abuse

Sure Bull and Moo.. starving oldlady ma...

sunrise

122 posts

Posted by sunrise > 2012-12-13 11:27 | Report Abuse

a bit worry can buy the fish cheaper after the storm.

Bullish

895 posts

Posted by Bullish > 2012-12-13 11:42 | Report Abuse

Yup Peter. Can we have a GOcean Shareholder Club? If our stakes combine together maybe we own 3-5% of the company...

knight

186 posts

Posted by knight > 2012-12-13 11:43 | Report Abuse

Bullish haha i agree with u^^

Bullish

895 posts

Posted by Bullish > 2012-12-13 11:57 | Report Abuse

Who wants to join... there are 2100+ shareholders, if we have more than 50 people to join we form 3-5% stake....

Bullish

895 posts

Posted by Bullish > 2012-12-13 11:58 | Report Abuse

I'm member no.1... reporting... who wants to join? Add ur member no...

Bullish

895 posts

Posted by Bullish > 2012-12-13 11:58 | Report Abuse

Bullish - GO 001

knight

186 posts

Posted by knight > 2012-12-13 12:12 | Report Abuse

no need to go penang gua?

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