UNVERVALUED
OCNCASH 0049
RM0.72
52 Weeks Range : 0.29 - 1.52
5.1/10
(Expert Score)
Stock is rated as #25 in category ACE Market
Fairly Valued. Reach or higher than intrinsic value.
PROS:
- Positive Cash Company
- Low Gearing Ratio
- Very High Trading Value
CONS:
- Low Price-to-Tangible ratio
klse: Oceancash Pacific Bhd
Corporate Information
Board : Ace
Shariah : Shariah Compliant
Sector : Textiles Ringgit Consumer
Address: Lot 73, Jalan P10/21, Taman Industri Selaman, Bandar Baru Bangi, 43650, Selangor
Contact: +603-89250000
Website: https://www.oceancash.com.my/
Corporate Background
Oceancash Pacific Berhad is an investment holding company. The Company, through its subsidiaries, manufactures and distributes resin felt for thermal and acoustic insulation, as well as thermal bonded non-woven cloth used in disposable hygienic products.
Forecast: OCNCASH 0049
|
Result
Quarter Report History
| Date | Revenue,k | PBT,k | Net Profit,k |
|---|---|---|---|
| 27/08/20 | 17,121 | 108 | 259 |
| 26/06/20 | 20,651 | 1,993 | 1,643 |
| 28/02/20 | 22,209 | 1,828 | 1,435 |
| 27/11/19 | 22,831 | 2,922 | 2,155 |
| 23/08/19 | 23,087 | 2,661 | 2,170 |
| 30/05/19 | 21,217 | 1,617 | 1,344 |
| 27/02/19 | 19,893 | 840 | 33 |
| 30/11/18 | 22,792 | 2,718 | 2,235 |
| 30/08/18 | 20,231 | 1,422 | 1,317 |
| 30/05/18 | 22,262 | 2,628 | 2,493 |
| 28/02/18 | 22,393 | 2,492 | 2,315 |
| 23/11/17 | 23,299 | 3,228 | 3,019 |
Fundamental
Fundamental Analysis
| Last 4 Quarter Revenue (RM’000) | 82,812 |
|---|---|
| Last 4 Quarter Net Profit (RM’000) | 5,492 |
| Last 4 Quarter EPS (sen) | 2.24 |
| Last 4 Quarter PER | 32.1 |
| Last 4 Quarter Dividend (sen) | 0.01 |
| Last 4 Quarter Dividend Yield (%) | 0.01 |
| Net Tangible Assets (RM) | 0.40 |
| Goodwill (RM) | 0 |
| Cash (RM’000) | 16,020 |
| Debt (RM’000) | 16,800 |
| Total Debt (RM’000) | 28,200 |
| Net Assets (RM’000) | 98,980 |
| Current Ratio | 2.92 |
| Quick Ratio | 2.23 |
| Cash Ratio | 0.92 |
Technical
Technical Analysis
| MACD (26 vs 12) | -0.022 |
|---|---|
| Exponential Moving Average 5 | 0.765 |
| Exponential Moving Average 20 | 0.791 |
| Exponential Moving Average 90 | 0.74 |
| Relative Strength Index 14 | 0.46 |
| Stochastic %D 3 | 0.38 |
| Stochastic %K 14 | 0.29 |
7 reviews for OCNCASH 0049
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BURSA MALAYSIA –
The Group recorded a decrease of 17.1% in revenue due mainly to the insulation division not being in operation when the MCO was imposed resulting in lower sales and higher operating costs. During the quarter under review, hygiene division sales to China, Australia, Thailand and Indonesia market had increased. The Group recorded a reduction of RM1.89 million net profit before tax as a result of the constraints imposed and lower demand arising from the Covid 19 pandemic.
BURSA MALAYSIA –
The Group recorded a decrease of 7.0% in revenue due mainly to lower sales in Malaysia market in hygiene division and decrease in sales to automotive market in Malaysia. The Group profit before tax improved by RM0.16 million due mainly to better product mix and foreign exchange.
Investing Malaysia –
Average investing volume for Oceancash Pacific Bhd in the past three months in stock market was 3836k lots
Investing Malaysia –
OCNCASH gets a score of 20.89 in our equity and assets quality test based on current share price of RM0.465
Investing Malaysia –
Oceancash Pacific Bhd gets a score of 24.87 in our stability test after the balance sheet, money statement study
Investing Malaysia –
Stock code of 0049 in Bursa Malaysia declared adjusted 2.23% dividend yield in past few years
Investing Malaysia –
OCNCASH is estimated to have a profit consensus of 9.58 millions, with an adjusted market capitalization of 110.39 millions