OCEANCASH PACIFIC BHD
KLSE (MYR): OCNCASH (0049)
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Last Price
0.39
Today's Change
-0.005 (1.27%)
Day's Change
0.39 - 0.395
Trading Volume
4,675,800
Analysis
Technical Analysis
Technical analysis is a means of examining and predicting price movements in the financial markets, by using historical price charts and market statistics.
Popular technical indicators such as moving averages, relative strength index, William R%, Money Flow Index, Percentage Price Oscillator, Moving Average Convergence-Divergence and Stochastic Oscillator are used to analyze the trend, momentum and strength of a stock.
Simple Moving Average
Name
Value
Variance
SMA10
4.444
-0.344 | -8%
SMA10
4.444
-0.344 | -8%
SMA10
4.444
-0.344 | -8%
SMA10
4.444
-0.344 | -8%
SMA10
4.444
-0.344 | -8%
SMA10
4.444
-0.344 | -8%
SMA10
4.444
-0.344 | -8%
SMA10
4.444
-0.344 | -8%
SMA10
4.444
-0.344 | -8%
SMA10
4.444
-0.344 | -8%
Exponential Moving Average
Name
Value
Variance
EMA10
4.372
-0.272 | -6%
EMA10
4.372
-0.272 | -6%
EMA10
4.372
-0.272 | -6%
EMA10
4.372
-0.272 | -6%
EMA10
4.372
-0.272 | -6%
EMA10
4.372
-0.272 | -6%
EMA10
4.372
-0.272 | -6%
EMA10
4.372
-0.272 | -6%
EMA10
4.372
-0.272 | -6%
EMA10
4.372
-0.272 | -6%
Relative Strength Index
Name
Value
RSI 9
6.604
RSI 9
6.604
RSI 9
6.604
Percentage Price Oscillator
Name
PPO
Signal
Variance
5,35,5
-12.07
-10.37
-1.70 | -16%
5,35,5
-12.07
-10.37
-1.70 | -16%
William %R
Name
Value
%R-9
-88.496%
%R-9
-88.496%
%R-9
-88.496%
Moving Average Convergence-Divergence
Name
PPO
Signal
Variance
5,35,5
-12.07
-10.37
-1.70 | -16%
5,35,5
-12.07
-10.37
-1.70 | -16%
Money Flow Index
Name
Value
MFI-9
6.348
MFI-9
6.348
MFI-9
6.348
Stochastic Oscillator
%K (Fast)
6.348
%K (Fast)
6.348
%K (Fast)
6.348
%K (Fast)
6.348
Rate of Change
Name
Value
MFI-21
29.833
MFI-21
29.833
MFI-21
29.833
MFI-21
29.833
Discussions
11 people like this. Showing 50 of 5,311 comments
Stock is under valued. Buy, keep and forget about it. Next year this time, sure will up 20~30% from current levels.
2022-07-11 12:38
Owner collecting at chiput scale.. 10000, 20000 units at a time. Any ikan bilis can do that too. If want to support the prices collect one shot, 100k to 500k unit. Immediate clean out those ikan bilis seller la.....
2022-08-17 16:32
Owner is trying to scam people to buy in. Maybe below 0.2 can buy this share
2022-08-18 11:43
0.2 boleh ka. if reach 0.2 , i max masuk . Base on consistent Div payout it will be like 5% yearly with potential value up.
2022-08-21 22:35
Net Profit only 493k for the latest quarter. EPS 0.19 cents. Very dissappointed.
2022-08-23 21:15
I
Abandon the ship and run If it is below 0.2 . Do not grab until to you are fully drowned.
2022-09-25 23:23
That day waited and collected at 0.295. Now no need wait and can straight away buy at 0.28. Wonder how low will this go.
Hopefully going forward profit will improve based on the following:
1) Ocean Freight Rates have drop significantly. This will positive for sales and profit of hygiene division.
2) Starting 3rd Quarter, renegotiated new increased pricing to current customers in the insulation division.
3) Insulation division new plant in Thailand to begin operations and should contribute positively to sales and profit of the insulation division.
2022-10-15 17:32
Wah today open 0.295 ,then shoot up 0.34 . 30 mins later back to 0.30.. Apalah. Macam silap press button order je. Setting Jual jadi belikah ?
2022-11-03 11:13
Get to know its customers are tier 1 vendors for many reputable cars and Japan diaper manufacturers. Fundamental is there.
2022-11-30 23:48
https://protonsetapak.blogspot.com/2023/01/proton-sold-142432-units-in-2022-136026.html
With strong car sales, insulation division will do very well. Next year, Proton and Perodua sales expected to increase even more and set new records. Thailand plant started operations with good sales. 2023 results expected to be the best ever.
2023-01-09 17:04
Collect dividend 0.01 setahun. Kena quarantine on this luxury condo for another few more years.
2023-03-02 10:34
Disappointing Q2 2023 results.
Compared to Q1 2023:
Insulation division recorded lower revenue (about 20%) and lower profit (about 21%).
Hygiene reported a slight increase in sales (about 2%) but a much bigger loss (almost 300%).
As for prospects: Directors anticipate performance to maintain at current levels for the rest of 2023.
2023-08-28 20:43
https://theedgemalaysia.com/node/682025
Doesn't look good for manufacturers
2023-09-11 22:51
it is about time to collect some . Hope same DIV will be release this year like previous year.
2023-09-15 16:40
I think OCNCASH will turn around in 2024. Catalyst includes spunlace sales, Indonesia insulation plant start making new products and Thailand insulation plant ramp up production. Agree with you, can start collecting at current levels. Must have holding power. Not much downside, look for decent returns in 2024.
2023-09-19 10:44
I anticipate Qtr 3 2023 results to be bad. Being drag down by the hygiene non-woven division and increase in overall cost due to depreciation of the Ringgit with higher labor and electricity cost. 2023 dividend might be lower than 2022.
2023-10-24 17:12
https://theedgemalaysia.com/node/689902
Doesn't look good for felt division.
2023-11-23 14:24
Dividend only RM0.005, lowest since 2013 (lowest in the last 10 years). Foresee Quarter 4 2023 performance will be about the same. Guess, we have to wait till 2024 to see improvement. Will only add if stock price goes below RM0.30....probably below RM0.27.
2023-11-27 17:36
why are the reason for the hygiene division to record substantially lower revenue?
2023-12-03 15:04
Per quarterly Report:
The reduction in sales in hygiene division was due to weakening of
Japanese Yen against US Dollar had made our export sales price to Japan less competitive.
2023-12-04 12:46
Ringgit is the second weakest asian currency after JPY… if Japan did not import from Malaysia to take advantage of the currency, meaning Japan is procuring the raw material from their home turf? Doesnt make sense
2023-12-05 16:02
Using a PE ratio of 20 to project TP.
For the stock to go to RM0.40 would need to generate an annual profit of about RM5.2 million or quarterly profit of RM1.3 million.
For TP of RM0.60 annual profit would need to be at RM7.8 million or almost RM2 million per quarter.
I don't see this happening in the near future. For the first 9 months of 2023, total profit was RM2.1 million or average per quarter of RM711k. The quarterly profit would need to almost double for it to justify TP of RM0.40 or increase by 275% for TP of RM0.60.
This is only my opinion. Please do own analysis.
2024-01-11 11:19
Does anyone have any info on the new non-woven needle punch machinery that has been installed at the factory recently? Info like capacity, potential revenue and profitability of this type of product.
2024-02-20 21:03
Disappointing Qtr 4 2023 results. Management predicting 2024 will be another challenging year.
2024-02-29 11:52
https://theedgemalaysia.com/node/707557
Hope this will increase sales in Indonesian.
2024-04-12 09:13
Low volume but price movement looks good . Looking forward for coming QR report.
2024-05-09 17:06
Based on the quarterly results Q1 2024, it looks like there is a delay in any possible turnaround.
Note B1, there is a delay in the start of spunlace production.
Additionally, it looks like all is not well in Indonesia. Even after making substantial investment in cross lapping and vertical felt production lines, quarterly sales are lowest since Q4 2020.
Revenue in Thailand has not shown any improvement. Sales of only RM3.1 mil, significantly less compared to sales in Q4 22 when sales was RM5.7 mil.
2024-05-30 20:13
Sell call oceancash 40 cents
Let see buy on 20th of june.surprise coming.
18/6/24 10.57am
2024-06-18 10:57
Always have huge volume kick in but price hardly move… accumulation or wash out weak players?
2 months ago
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MaluNegaraKu
Alamak . can drop so teruk this oncash
2022-06-22 16:34