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

Ameera

2,921 posts

Posted by Ameera > 2014-08-10 19:43 | Report Abuse

Hope IF could as you stated:):).....tomorrow with free warrants, let's see if any movement....

joannelim

412 posts

Posted by joannelim > 2014-08-13 21:25 | Report Abuse

slowly moving to the right track.

Posted by Saifunnasr Zulkifli > 2014-08-14 09:59 | Report Abuse

Somebody know when the free warrant will be released?

joannelim

412 posts

Posted by joannelim > 2014-08-14 23:06 | Report Abuse

18-8-2014. good day for listing.

joannelim

412 posts

Posted by joannelim > 2014-08-14 23:11 | Report Abuse

hopefully 2morrow mother share can close high, then warrant only can open with good price.

Investhor

537 posts

Posted by Investhor > 2014-08-15 10:31 | Report Abuse

GOCEAN warrant listing 18.4.2014!

get ready for the ride on Monday

Investhor

537 posts

Posted by Investhor > 2014-08-15 10:56 | Report Abuse

big players will collect little by little..to get ready for push next monday

lim88

1,554 posts

Posted by lim88 > 2014-08-15 11:07 | Report Abuse

no every time with free warrants mother price will drop meh..........

Investhor

537 posts

Posted by Investhor > 2014-08-15 11:09 | Report Abuse

mother already drop from 18c to 14c during ex-date..after oversold, it start to recover and now already 16.5c..

up to you..you decide ma

lim88

1,554 posts

Posted by lim88 > 2014-08-15 11:11 | Report Abuse

so how much mother price can push up............

lim88

1,554 posts

Posted by lim88 > 2014-08-15 11:12 | Report Abuse

if u answer me ,i will buy now..tq...........

Investhor

537 posts

Posted by Investhor > 2014-08-15 11:13 | Report Abuse

depends how the sharks want to goreng it..now when market slow is when they collect..

when big volume they sell ma..so if want to collect, collect at low price..dont chase later when already go up to 18c..

we see how it goes but i target maybe go to 18-19c

lim88

1,554 posts

Posted by lim88 > 2014-08-15 11:17 | Report Abuse

ok tq...i buy 10 units first .......................letter see how than top up...TQ..TQ..

Investhor

537 posts

Posted by Investhor > 2014-08-15 11:52 | Report Abuse

dont regret later miss the train :p

lim88

1,554 posts

Posted by lim88 > 2014-08-15 14:53 | Report Abuse

no move lei...

lim88

1,554 posts

Posted by lim88 > 2014-08-15 15:15 | Report Abuse

poi.....drop.....poi....

Investhor

537 posts

Posted by Investhor > 2014-08-15 15:34 | Report Abuse

patience ma..already recover to 16.5c

joannelim

412 posts

Posted by joannelim > 2014-08-16 11:13 | Report Abuse

mother share only 16.5 . how far warrant price can go?

Yeamwk

124 posts

Posted by Yeamwk > 2014-08-18 13:59 | Report Abuse

0.25 by October

qiqi99

11 posts

Posted by qiqi99 > 2014-08-18 14:26 | Report Abuse

can sharing the reason why by oct only can reaching 0.25?

minitrader

2,273 posts

Posted by minitrader > 2014-08-18 14:38 | Report Abuse

once a con stock...

joannelim

412 posts

Posted by joannelim > 2014-08-18 20:08 | Report Abuse

mother share price dropping. can still keep warrant or sell?

joannelim

412 posts

Posted by joannelim > 2014-08-18 20:08 | Report Abuse

qtr results to be out within 2 weeks

joannelim

412 posts

Posted by joannelim > 2014-08-18 20:59 | Report Abuse

private placement and free warrant exercises completed. so, now is the time to see how can frankie tan to turnaround the co within 6 mths. Also, whether he is going to inject his private co into gocean?

ampabella

1,378 posts

Posted by ampabella > 2014-08-18 22:39 | Report Abuse

if 0.14 cts , jes simply hamtam and simply untung

acchan

6 posts

Posted by acchan > 2014-08-19 21:13 | Report Abuse

warrant well supported at 7 sen. mother share should move soon.

Posted by chickenrun > 2014-08-21 23:49 | Report Abuse

what happen to this cntr? any news?

joannelim

412 posts

Posted by joannelim > 2014-08-24 10:16 | Report Abuse

the quarterly result will be announce next week. It is expected to be in red again maybe. But hopefully the losses can further reducing as compared with last qtr. if really can turnaround , then should be the good surprise. It is look like someone is accumulating the share at 14 to15 cents level. The warrant good support at 7 cents . Any technical view to advise in this counter.

joannelim

412 posts

Posted by joannelim > 2014-08-25 21:07 | Report Abuse

director datuk Richard Lee is selling his shares through open market. any comments

laughdie

42 posts

Posted by laughdie > 2014-08-25 21:08 |

Post removed.Why?

Investhor

537 posts

Posted by Investhor > 2014-08-26 09:49 | Report Abuse

stock oversold..now counter is rebounding..big accummulations..dont miss the train!

Posted by Huai Ren Huai Ren > 2014-08-28 15:34 | Report Abuse

any news for this counter?

joannelim

412 posts

Posted by joannelim > 2014-08-30 10:42 | Report Abuse

the 1st qtr result loss 0.59 million. The losses was reduced as compared with the last corresponding period. The concern is the cash flow. All proceed from private placement left only RM1 million in august. The director willing continue to support the company with personal fund? or any bank willing to lend the money? it is no easy to obtain bank borrowing as palm oil industry looks difficult during this critical period. The only hope is frankie tan to inject his private co to rescue the co.

joannelim

412 posts

Posted by joannelim > 2014-09-01 11:16 | Report Abuse

格林欧深(GOCEAN,0074,创业板)在过去1年的期间,股价一直处于下跌趋势,不过,在公司制定私下配售的价钱后,该公司母股才算是在低价平稳下来。
占公司股权高达30%的私下配售计划,在上个月完成,而公司董事经理拿督陈世明(译音)也崛起成为格林欧深大股东。
格林欧深也在最近完成送出免费凭单给股东,新凭单在8月18日开始交易,而上周五的闭市价为7.5仙。
格林欧深的主要业务,是棕油产品生产及销售,该公司在过去几年都面对亏损,由于营运资本不足,格林欧深在2014年3月结束的财政年,仅获得1520万令吉的营业额,比起2013财政年的8990万令吉,萎缩超过8成,导致公司在去年底委任陈世明为公司董事经理,为近日注资成为公司大股东铺路。
陈世明为棕油产品贸易及运输服务公司RAYA SAWIT有限公司的创办人和董事经理,根据公司注册局资料,RAYA SAWIT在2012年的营业额,已经超越8亿5000万令吉,由于陈世明旗舰公司的规模,远比格林欧深大,相信格林欧深的业绩在他的领导下会大有改善。
格林欧深-WA虽然溢价高,但凭单理论上还算被低估,该凭单的引伸波幅达79.9%,比起母股高达96.2%历史波幅低。
如果投资者对格林欧深日后股价具有信心,格林欧深-WA可以提供高达1.4倍的有效杠杆,这意味格林欧深-WA在母股上涨时,能够提供比母股高4成的百分比回报。

免责声明
本栏纯属学术上或经验上的建议,读者若有兴趣投资,应该自行深入研究或询问股票经纪才决定,盈亏自负。我们鼓励通过正确的投资方式创造财富。
温世麟硕士

joannelim

412 posts

Posted by joannelim > 2014-09-01 11:51 | Report Abuse

the above article was published in nanyang siang pau weekly biz magazine on 25 aug 2014.

Posted by Jacky Alex > 2014-09-04 15:38 | Report Abuse

gocean ..come liao

Posted by autojohndoe > 2014-09-05 09:48 | Report Abuse

when it going to go up?

joannelim

412 posts

Posted by joannelim > 2014-09-06 09:18 | Report Abuse

the director loan to the company charge 8% interest really disappointed me. now i am worry the related party transactions.

dragonair

13 posts

Posted by dragonair > 2014-09-14 21:58 | Report Abuse

starting to move with volume....hoping to make some quick money...

Posted by msandroidmz > 2014-09-20 23:28 | Report Abuse

gocean or go2ocean...sawit now oversupply ady., price lower. Not in a good business..do not update their webiste since 2012 perhaps even providing ICT business..Bad manners, chow and go huat other counter...

joannelim

412 posts

Posted by joannelim > 2014-09-21 20:35 | Report Abuse

the company write up is in this week theedge magazine.

pdtan

608 posts

Posted by pdtan > 2014-09-22 13:49 | Report Abuse

Chart high target reached. Shark pushing and beginning to unloading around this level 0.195-0.21. Beware, Dont get trapped.

Posted by msandroidmz > 2014-09-24 09:26 | Report Abuse

See! Shark going out...

Ameera

2,921 posts

Posted by Ameera > 2014-09-24 20:28 | Report Abuse

My observation, this counter best buy is 0.13 then hold for one month... when up to 0.19 sell...then when down to 0.13 buy again... It's has been few cycles on this trend... Possible easy to make Monet tho!!

joannelim

412 posts

Posted by joannelim > 2014-09-25 22:02 | Report Abuse

cerita sudah habis?

Posted by msandroidmz > 2014-09-30 10:27 | Report Abuse

so what? other counter also has their resolution...

qiqi99

11 posts

Posted by qiqi99 > 2014-09-30 11:20 | Report Abuse

KUALA LUMPUR: Green Ocean Corp Bhd managing director Datuk Frankie Tan See Meng (pix) expects the company, which has been in the red in the last six financial years, to return to the black under his watch, drawing on his expertise of running privately-owned Sawit Raya Sdn Bhd over a few decades.

"You just look at my (company) Sawit Raya, you'll know how (I run a firm) … of course I come in, I've the confidence to turn it (around)," he told reporters after the company's AGM here yesterday.

Filings with the Companies Commission of Malaysia show that Sawit Raya registered a net profit of RM11.15 million for the financial year ended June 30, 2014, a jump of 63.92% compared with RM6.80 million in the previous corresponding period. Tan is founder and director of Sawit Raya, which is in the palm oil trading and refinery activities.

He said however that he has no intention of of embarking on a reverse takeover exercise to inject Sawit Raya into Green Ocean or listing Sawit Raya.

Tan who has been on the board of Green Ocean since October 30, 2013, became MD just two months later. In February this year he forwarded a cash advance of RM7 million at an interest rate of 8% to Green Ocean. In July he acquired a 15.8% stake in the company via a private placement.

Tan however insists that his role in the company is to play a supporting role at the initial stage, when it is cash strapped.

"Green Ocean has its own customers, (but) it doesn't have materials because Green Ocean doesn't have working capital, (so) I have to back it up (and) start it up, then let the company be independent," he said, but declined to commit if he was in it for the long haul.

Ace Market-listed Green Ocean registered a net loss of RM5.52 million for the financial year ended March 31, 2014, mainly due to impairment adjustment made for the fractionation plant and the low production of palm kernel crushing which didn't generate sufficient revenue to cover the fixed manufacturing costs.

For the first quarter ended June 30, its net loss narrowed to RM591,000 from RM1.33 million in the previous corresponding period.

Green Ocean is mainly involved in palm kernel crushing, refining of palm oil, palm kernel oil and production of premium health balanced cooking oil.

When asked if there will be more changes in Green Ocean's boardroom, its CFO Francis Yong said "no confirmation" for the time being.

In July, Green Ocean received shareholders' approval for a share placement representing 30% of the company's issued and paid-up share capital, coupled with the issuance of up to 65.84 million free warrants on the basis of one free warrant for every four ordinary shares held.

It was expected to raise up to RM6.7 million via the placement exercise while the full conversion of warrants into shares would amounted to RM22.39 million.

Green Ocean's share price closed 0.5 sen lower at 18.5 sen yesterday

source:Thesunbiz

Az Rule

52 posts

Posted by Az Rule > 2014-10-01 14:29 | Report Abuse

Hmm..meaning not so powerfull tis guy..!!

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