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PETALING JAYA: Resin felt manufacturer Oceancash Pacific Bhd’s (OCP) new non-woven product capacity, which is expected to be completed by early 2022, has raised analysts’ predictions of its earnings.
KUALA LUMPUR: JF Apex Research expects Kerjaya Prospek Group Bhd, T7 Global Bhd, Petronas Chemicals Group Bhd (PetChem), Oceancash Pacific Bhd and Permaju Industries Bhd to be among the stocks to watch on Thursday.
KUALA LUMPUR: Shares in Oceancash Pacific Bhd (OCP) rose more than 6% in early trade Tuesday after a technical buy from PublicInvest Research.
KUALA LUMPUR: Oceancash Pacific Bhd’s (OCP) share price surged to an intraday high of 82 sen (up 57.7%) on Tuesday, was likely due to expectations of a surge in demand for non-woven products for hygiene applications (such as surgical face masks) amid worsening coronavirus outbreak.
UEM EDGENTA BHD: THE company’s healthcare segment showed encouraging improvement in terms of both revenue and net profit, registering high single digit increases of 7.9% and 6.8% year-over-year respectively.
KUALA LUMPUR: OCeancash Pacific Bhd, which posted a 32% fall in 2018 core earnings year-on-year to RM6.7mil is ecpected to see a recovery from its hygiene segment.
OCK’s proposed collaboration with ISOC Infrastructures Inc (ISOC) to pursue the telecom tower business in Philippines is a welcome development.