GREEN OCEAN CORPORATION BERHAD

KLSE (MYR): GOCEAN (0074)

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Last Price

0.175

Today's Change

-0.005 (2.78%)

Day's Change

0.175 - 0.185

Trading Volume

155,200


9 people like this.

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

Stockiss

700 posts

Posted by Stockiss > 2020-07-30 13:32 | Report Abuse

Posted by bee7 > Jul 30, 2020 1:30 PM : Suddenly 7153 also come into picture :)

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All happening just like your vision?

bee7

148 posts

Posted by bee7 > 2020-07-30 14:26 | Report Abuse

That we’ll have to wait for the announcement :) j

VV 6868

1 posts

Posted by VV 6868 > 2020-07-30 15:45 | Report Abuse

TP 0.40...buy signal!

Stockiss

700 posts

Posted by Stockiss > 2020-07-30 19:04 | Report Abuse

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3073630

For those who got in early or added earlier today, brace tightly for en exciting flight.

LKF673007

41 posts

Posted by LKF673007 > 2020-07-30 20:04 | Report Abuse

good job

Posted by birkincollector > 2020-07-30 20:32 | Report Abuse

Mr mak AT still dilly dally with glove ...this one can kah

LKF673007

41 posts

Posted by LKF673007 > 2020-07-30 20:55 | Report Abuse

this one with 2xxmil share,more easy to goreng compare with at

Ratman

520 posts

Posted by Ratman > 2020-07-31 09:54 | Report Abuse

@stockiss,Gocean TP NEAR TERM what price ?

Tony Wong

1,027 posts

Posted by Tony Wong > 2020-07-31 12:13 | Report Abuse

good jod

Stockiss

700 posts

Posted by Stockiss > 2020-07-31 12:45 | Report Abuse

Click on my icon or userid to go to my Profile and copy the link at About ME to join Join Telegram Private Group Chat for sharing of latest intel, news & discussion.

Stockiss

700 posts

Posted by Stockiss > 2020-07-31 17:30 | Report Abuse

#ratman : Good question, this is the answer that everyone is searching on every thread too. not sure why my reply here can't post a link.

Michael Kwok

6,439 posts

Posted by Michael Kwok > 2020-08-02 23:19 | Report Abuse

Another guy critic.Now how much since calling 13 cents and below if got.
on Friday 36 cents high and close at 31 cents(30th of July).How much KStar now?????

ramunia Stupid Idiot Kwok is asking ppl to pn17...
20/02/2020 9:26 PM


Michael Kwok
2275 posts
Posted by Michael Kwok > Feb 13, 2020 12:06 PM | Report Abuse X

gocean got Ong.Last 30 min buy rm 7.5k at 13 cents.should be passing resistance 20 cents(worst case scenario).

Posted by Michael Kwok > Feb 13, 2020 2:54 PM | Report Abuse X

Someone wipe out all buyers side.It will pass 20 cents and be in 20 cent range.Its been stuck in below 20 cents for many years.

Posted by Michael Kwok > Feb 17, 2020 12:03 PM | Report Abuse X

Please read,Buy Gocean 13-13.5 cents.KStar got accumulate losses over 220 million.Buy KStar like buying a time bomb.Future PN 17 company.

joannelim

412 posts

Posted by joannelim > 2020-08-03 10:56 | Report Abuse

TP rm1 .possible?

followKing

408 posts

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

impossible lar

zhugel888

33 posts

Posted by zhugel888 > 2020-08-04 08:23 | Report Abuse

In any stock markets .... Nothing is impossible

cv5262

3 posts

Posted by cv5262 > 2020-08-04 08:26 | Report Abuse

Hope that it will tread slow and easy n not like MQTech yesterday.

chyeoh1972

1,685 posts

Posted by chyeoh1972 > 2020-08-04 09:55 | Report Abuse

WILL BACK TO BELOW 0.30 LEVEL...THIS TIME MR MAK KENAL LIAO...ALL KENAL B4 BY AT...NOBODY BERANI BUY SOON WILL BACK TO BELOW 0.30

chyeoh1972

1,685 posts

Posted by chyeoh1972 > 2020-08-04 09:55 | Report Abuse

0.325 lai liao...later 0.32 and 0.31

followKing

408 posts

Posted by followKing > 2020-08-04 12:21 | Report Abuse

hahhaha

maddox

75 posts

Posted by maddox > 2020-08-04 12:26 | Report Abuse

This rubber no traction

witchjaz

52 posts

Posted by witchjaz > 2020-08-04 13:52 | Report Abuse

https://www.nst.com.my/business/2020/08/613796/malaysias-glove-sector-gets-merrier-three-listed-firms-form-glove-making

The two firms confirmed in the tripartite partnership are Green Ocean Corp Bhd and AT Systematization Bhd, while the third party is believed to be Kossan Rubber Industries Bhd.

followKing

408 posts

Posted by followKing > 2020-08-04 14:06 | Report Abuse

meaning ...............................................................

Posted by terry633fg > 2020-08-04 15:01 | Report Abuse

Green Ocean need to be careful.. Mak will sell you..use ur reputation

Posted by terry633fg > 2020-08-04 15:02 | Report Abuse

Track back his bad records in the past invest company.. you will know the truth

KLSEorg

53 posts

Posted by KLSEorg > 2020-08-04 15:29 | Report Abuse

It's like MLM ...Mak keep find next target to sell their reputation

followKing

408 posts

Posted by followKing > 2020-08-04 15:41 | Report Abuse

now is kossan oh not tripatite with sanko

Posted by BobbyAxelrod > 2020-08-04 15:56 | Report Abuse

the tripartite should move & closely correlate with each other: KOSSAN & GOCEAN already moving up

kingx77

66 posts

Posted by kingx77 > 2020-08-04 16:30 | Report Abuse

GG .com already?

High5

1,269 posts

Posted by High5 > 2020-08-04 16:37 | Report Abuse

KUALA LUMPUR: The country's glove sector will see a bigger group, with three Bursa Malaysia-listed firms forming a pact to make medical gloves for exports.

The two firms confirmed in the tripartite partnership are Green Ocean Corp Bhd and AT Systematization Bhd, while the third party is believed to be Kossan Rubber Industries Bhd.


Green Ocean's recent share price surge seems to suggest something of this nature was "cooking", said an analyst who did not want to be named.

The stock has moved up almost in a 90 degree angle from 12 sen on July 22 to close at 33 sen today, with 141 million shares exchanging hands.

"This penny stock is in bull mode," said the analyst.

Relatively quiet the whole of July, a series of events has triggered investors' interest in Green Ocean.

Rumours on the possible tie-up emerged after Green Ocean announced that it had incorporated a new wholly-owned subsidiary, G Rubber Sdn Bhd on July 30 this year to produce and trade gloves.

There has also been a raft of major shareholding changes over the period, with new shareholders and board members emerging.

A new major shareholder, Mak Siew Wei, appeared in Green Ocean last week.

Mak is the chief executive officer of AT Systemisation, which a month ago announced its intention to move into the glove industry by acquiring Pearl Glove Sdn Bhd, an industrial glove maker in Sungai Petani, Kedah.

Green Ocean operates in palm oil, renewable and green products/services business segments.

Its wholly-owned subsidiary ACE Edible Oil Industries Sdn Bhd operates a 4.8-acre plot in Klang.

The land, valued at RM17 million in 2018, is the location of Green Ocean's integrated palm kernel crushing facility, fronting Jalan Kapar and it is close to Wisma Kossan on Jalan Putus.

The land is also opposite another of Kossan's subsidiary, Doshin Rubber Products Sdn Bhd.

"A combination of AT Systematization's engineering skill set, Kossan's production know-how and the ideal location controlled by Green Ocean in Klang being the triumvirate could collectively propel both AT Systematization and Green Ocean into the realms of the likes of HLT Global Bhd and Careplus Group Bhd," said the analyst.

There is a massive void currently in the glove market, with international demand far exceeding supply.

The supply void has driven prices exceedingly high.

As a result, all the glove and glove-related companies are rushing to exploit spot prices by re-negotiating existing contracts, and increasing production lines or venturing into glove manufacturing to match the demand.

Glove stocks found a second leg throughout July.

In June, there was a temporary lull, and then the top four glove stocks found a new surge of strength, as analysts upgraded the average selling prices for the four giants namely Top Glove Corp Bhd, Hartalega Holdings Bhd, Supermax Corp Bhd and Kossan, sending their share prices to dizzying heights.

The stocks of second liners like Comfort Gloves Bhd, Rubberex Corp (M) Bhd and Careplus also surged almost twofold.

Careplus was the outperformer trading from a low of 1.44 per share at the start of July to close at a record high of RM4.74 today.

Hot on the heels of the second liners are HLT Global, whose share price has surged twofold, from 70 sen in early July to a close of RM1.89 today.

There is speculation that HLT Global is also considering a venture into glove manufacturing.

HLT Global is a maker of ceramic hand moulds for glove companies and it has 55 per cent stake in HL Rubber Industries.

"It is no surprise the market is seeking for unrealised value within the glove industry, as well as focusing on new players that are bringing their manufacturing lines on stream," said a local fund manager.

Diven Teh

3,892 posts

Posted by Diven Teh > 2020-08-04 16:43 | Report Abuse

those involved in glove business sure can making ton of ton of money..........they can formed a partnership to enjoy the fruits.

kingx77

66 posts

Posted by kingx77 > 2020-08-04 16:56 | Report Abuse

so the partnership with kossan is true fact?
willl it fly tomorrow?

Lioncity

293 posts

Posted by Lioncity > 2020-08-04 18:42 | Report Abuse

All 3 parties also denied, read bursa announcement

unice

346 posts

Posted by unice > 2020-08-04 20:30 | Report Abuse

Not news means good news? Probably tomorrow will continue up?

AAAwell

1,048 posts

Posted by AAAwell > 2020-08-04 20:44 | Report Abuse

It was up b4 d news....just be calm n hold

followKing

408 posts

Posted by followKing > 2020-08-04 21:17 | Report Abuse

this news didnt have any impact at all , infact closed red today. Sold all today and switch to AT . All the best all .

Posted by Harbinger88 > 2020-08-04 21:21 | Report Abuse

This news is just a noise. Did not impact the share price at all. Share price has been pumping due to change in management and company intend to venture into glove via new subsidiary incorporated end July.

If you bought because of the new management and business venture, this news is just a noise.

Keep calm.

AAAwell

1,048 posts

Posted by AAAwell > 2020-08-04 21:34 | Report Abuse

Banker still 75% n above

Posted by Harbinger88 > 2020-08-04 21:39 | Report Abuse

What banker 75% above

Teh Diven

4,155 posts

Posted by Teh Diven > 2020-08-04 21:58 | Report Abuse

They are working independently lah....why need JV.....Crazy ke...why need profit sharing..

AAAwell

1,048 posts

Posted by AAAwell > 2020-08-04 22:56 | Report Abuse

Gocean involved in palm oil business also... potential

Realfaker

53 posts

Posted by Realfaker > 2020-08-05 09:37 | Report Abuse

Kossan said fake news

Realfaker

53 posts

Posted by Realfaker > 2020-08-05 09:59 | Report Abuse

where the link?

Realfaker

53 posts

Posted by Realfaker > 2020-08-05 10:10 | Report Abuse

hold your boat and go ocean

Diven Teh

3,892 posts

Posted by Diven Teh > 2020-08-05 10:33 | Report Abuse

Which company dont want to involved in rubber business? really can making money now. AT and Gocean really a good combination to JV rubber business which is related to COVID industry.

Diven Teh

3,892 posts

Posted by Diven Teh > 2020-08-05 10:55 | Report Abuse

After announcement, KOSSAN terus terbang?

Realfaker

53 posts

Posted by Realfaker > 2020-08-05 11:21 | Report Abuse

dont miss the boat....diving to ocean now

AAAwell

1,048 posts

Posted by AAAwell > 2020-08-05 12:51 | Report Abuse

Best price to enter now

Diven Teh

3,892 posts

Posted by Diven Teh > 2020-08-05 13:44 | Report Abuse

Next time dont trust NST = Not So True.............JV with Kossan actually not a big deal also...
Most Important the combination of technology, platform between AT and GOCEAN to product and trading of Glove. Without Kossan, both of them can increase their revenue and PAT.

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