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OCNCASH needs to prove they can scale the Paragon carpet integration efficiently enough to generate consistent free cash flow without diluting shareholders or racking up more debt.
True that. Nothing to talk about this crap till they can prove consistent and increasing profit margin for at least a few quarters. Their hygiene component is continuously crapping anyway..
Might even go below 10 cents by next quarter. No idea what the children are doing. The CEO can save the company by buying all the shares and privatise it by offering to buy above nta.
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...
