oceancash pacific bhd (OCP:Kuala Lumpur)
oceancash pacific bhd (OCP) Snapshot
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Open
0.13
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Previous Close
0.13
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Day High
0.13
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Day Low
0.13
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52 Week High
09/21/12 - 0.14
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52 Week Low
06/14/12 - 0.10
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Market Cap
29.0M
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Average Volume 10 Days
40.1K
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EPS TTM
0.01
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Shares Outstanding
223.0M
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EX-Date
12/11/12
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P/E TM
11.3x
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Dividend
0.0030
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Dividend Yield
2.31%
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Related News
oceancash pacific bhd (OCP) Related Businessweek News
No Related Businessweek News Foundoceancash pacific bhd (OCP) Details
Oceancash Pacific Berhad, an investment holding company, engages in the manufacture and trading of nonwoven products and resinated felts primarily in Malaysia, Indonesia, and Japan. It offers resinated felt for thermal and acoustic applications, such as interior and exterior trims of automobiles, and outdoor units of split air conditioners, as well as insulation in buildings, including roofs, ceilings, walls, partitions, and floors as carpet underlay. The company also provides thermobond and airthrough nonwoven cloth, as well as polyethylene films for various applications, such as top and back sheet of diapers, sanitary napkins, and wet wipes, as well as surgical apparels including caps, masks, and gowns. In addition, it manufactures parts and accessories for vehicles. The company is headquartered in Bandar Baru Bangi, Malaysia.
oceancash pacific bhd (OCP) Key Developments
Oceancash Pacific Bhd announced unaudited consolidated earnings results for the fourth quarter and full year ended December 31, 2012. For the quarter, revenue was MYR 15,575,000 against MYR 15,862,000 for the same period a year ago. EBITDA was MYR 2,403,000 against MYR 2,005,000 for the same period a year ago. Profit before taxation was MYR 1,118,000 against MYR 932,000 for the same period a year ago. Profit attributable to:- equity holders of the parent was MYR 718,000 against MYR 597,000 for the same period a year ago. Basic earnings per share were 0.32 sen against 0.27 sen for the same period a year ago. For the year, revenue was MYR 58,874,000 against MYR 58,057,000 for the same period a year ago. EBITDA was MYR 9,520,000 against MYR 7,932,000 for the same period a year ago. Profit before taxation was MYR 4,364,000 against MYR 3,515,000 for the same period a year ago. Profit attributable to equity holders of the parent was MYR 2,623,000 against MYR 2,147,000 for the same period a year ago. Basic earnings per share were 1.18 sen against 0.96 sen for the same period a year ago. Net cash flows from operating activities were MYR 4,363,000 against MYR 8,531,000 for the same period a year ago. Purchase of property, plant and equipment was MYR 735,000 against MYR 3,964,000 for the same period a year ago. The group expects its performance to be better in the financial year 2013 compared to the financial year 2012.
Oceancash Pacific Bhd announced unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2012. For the quarter, the company reported revenue of MYR 14,765,000 against MYR 14,544,000 a year ago. Profit before taxation was MYR 1,773,000 against MYR 866,000 a year ago. Profit attributable to equity holders of the company was MYR 1,215,000 or 0.54 sen basic earnings per ordinary share against MYR 528,000 or 0.24 sen basic earnings per ordinary share a year ago. Net asset per share attributable to ordinary equity holders of the company as on was SGD 0.1966 compared to SGD 0.1883 per as on preceding financial year end. EBITDA was MYR 3,026,000 compared to MYR 1,979,000 for the last year. For the nine-month period, the company reported revenue of MYR 43,298,000 against MYR 42,195,000 a year ago. Profit before taxation was MYR 3,245,000 against MYR 2,625,000 a year ago. Profit attributable to equity holders of the company was MYR 1,904,000 or 0.85 sen basic earnings per ordinary share against MYR 1,592,000 or 0.71 sen basic earnings per ordinary share a year ago. EBITDA was MYR 7,116,000 compared to MYR 5,969,000 for the last year. Net cash flow from operating activities was MYR 2,658,000 compared to net cash out flow from operating activities MYR 238,000 and purchase of property, plant and equipment was MYR 774,000 compared to MYR 456,000 for the last year.
Oceancash Pacific Bhd declared tax exempt interim dividend of MYR 0.003 net per Ordinary Share for the year ending December 31, 2012, payable on December 31, 2012 with ex-date of December 11, 2012 and entitlement date of December 13, 2012.
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Industry Analysis
OCP
Industry Average
| Valuation | OCP | Industry Range |
| Price/Earnings | 11.2x |
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| Price/Sales | 0.5x |
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| Price/Book | 0.7x |
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| Price/Cash Flow | 4.4x |
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| TEV/Sales | 0.1x |
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To contact OCEANCASH PACIFIC BHD, please visit www.oceancash.com.my. Company data is provided by Capital IQ. Please use this form to report any data issues.
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