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This yoyo pattern of share price is quite common. It's caused by operators who push up the price and sell at bulk to create panic because it works. After some time they will pump up the price again. Similar pattern as NexG .
It's is a temporary issue and the protest has simmered down the president has partially met the demands of protestors. Keep it mind, Oceancash has other businesses with Thailand, Malaysia and Japan.
I felt stupid buying these shares. According to annual report they commissioned new machines to improve production..Probably it's undervalued, but only time will tell...
this share i also cannt think can down lai that in this kind moment....small cap share hard calculate inside asset to feel what is nice price...........Hahahaha
Yes, EBITA is showing a profit. I am concerned with the top line, Revenue. Millions invested in new machinery in Indonesia and New Plant in Thailand. Should start seeing results in Q3 2024. Thailand sales only 1.9 mil for the Q4 2024, way below the 5.7 mil in Q4 2022. Indonesia sales 2.1 mil. Q4 2022 was 2.8 mil. Why is sales dropping even with new plant and machinery started operations?
