They have borrowing of 4.4m... within next year or so should be debt free except some trade lines. I expect end this year TP is slightly above 40cents. Once 2013 up to RM1.20... if you see this year share performance already up 5x... so next year 3x... market cap should reach rm200-250 mil. There are so many cold countries to explore and Korea is only the first destination... how about China Japan USA etc...
Main shareholders all staying. I think. Heavy selling past few days due to profit taking by those who bought 20cents level... now clear, so next Monday will up 4-5bids... I think the trigger point will be if any major newspsper like TheStar or TheEdge carry exclusive coverage on this company. Then more keen interest and start pushing the price. If only everyone like me you and others start buying and not sit and watch.
Agree with Peter. Just keep and don't throw away. FYI, in the top 30 shareholder list Tan Sri Tiong from Sin Chew, Chua Ma Yu son also invest... be steady... in fact GOcean is a hidden gem.
GOcean is expected to make 2m profit this FY barring any unforseen circumstances. What's interesting beside Tan Sri Tiong and CMY son involvement is other MD of listed companies as shareholders. MD of Fitters, MD of Tomypak, MD of Johore Tin, MD of Bandaraya, MD of Prestar, MD of MHC Plantation, EPF... Rumours quite strong CMY has been building stakes close to 5% in GOcean... there are a few billionaires as shareholders in GOcean sand many multi millionaire tycoons... after explaining to my friends today, they agree the current price is too low. They will buy 100k-500k units each of them. I will buy additional 250k this Monday. Let's hope GOcean will fly on Monday.
Qtr Report out yesterday evening.Revenue down 50% to RM22Mil from Rm44Mil previous corresponding qtr.Profit RM 690k vs lOSS RM 271k Details click stock GoOcean this page top.click tag Fin. Result.
Peter, next 2 quarters cumulatively another 1.3million or more. If this company manage to chalk up profit for FY13, then its the first FY profit after several years of losses.
Anyone here joining me to buy more GOcean shares tomorrow Monday? I expect price to rally to 36 cents and above. Rumours very strong another piece of good news will be announced. This came from investment bankers...
Ya, in that case, watch out for distribution and sideways, unless like what bullish said, another piece of news pending.
I Have listed the novmember volume traded above. People like CMY are known to sell their investments when he make profits. Have they sold out or still accumulating? Lets see.
Yes their names are listed in 2012 annual report. Confirmed big tycoons are holding stakes in GOcean. If only more people realise the share price can easily exceed 45 cents end Nov. So we must let our friends know this is the company going to become next GuanChong type.
CMY son I think only hold stake in GOcean in big quantity. Honestly speaking he's billionaire son. Why is he holding stake in small cap company like GOcean. Because GOcean market cap can possibly runs into hundreds of million
Another point to note... have you seen any listed company with so many big tycoons holding big qty of shares especially this Ace counter... to them few hundred k to million ringgit is small amount. But it means they know GOcean is a good company to invest.
GOcean could possibly announce one or two major news soon. Based on my observation, it could boost the price above 40 cents easily by end Dec. I personally willbuy 250k shares this monday. Hope by the time good news announced I'll be sitting on 20-30% profit...
Dont be surprised if it's not Taiko but tycoons in the top 30 list... I bought some this morning... buying more... soon. Good theres still some buying activities going on... I heard rumors CMY son building up stakes.
I think GOcean try to offer private placement. Tats why push down price... u know to produce Novelin need $$... but I don't care continue to buy. Now hold 500k shares...
U guys ,, r simply funny. As I mentioned long ago, this is goreng, where got fundamental ?!?!? To buy or not , just purely depends on Chart, not news or contract awarded.
From TA, it just broke-down from Doji "+" , its bearish trend is begin , no point to buy at any px currently.
Jay-C , where do u see "Head + Shoulder" ,,???
For those to ask where is the support ?? Sorry , we r TA , only Trend Reader + Trend Follower.
Only those Trend Maker = Market Maker can tell u the real support px.
But, as look back others , mostly r 仙家莲 or 车大炮 , bcos I ever see any MM sharing in any public forum.
Unless, some 1 is intended to lead those other to buy for support as 炮灰 or lead them to hell 卖咸鸭蛋。。。
Please refer to Padini, there was a fella r trying to mislead others. But, it wasnt me.
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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....
Bullish
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Posted by Bullish > 2012-11-30 19:52 | Report Abuse
They have borrowing of 4.4m... within next year or so should be debt free except some trade lines. I expect end this year TP is slightly above 40cents. Once 2013 up to RM1.20... if you see this year share performance already up 5x... so next year 3x... market cap should reach rm200-250 mil. There are so many cold countries to explore and Korea is only the first destination... how about China Japan USA etc...