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$Oceanus^(579.SI) Final Piece of Due Diligence by Bro Greg till Results. ALL-IN: ONCE IN A LIFE TIME. Backed by Singapore Government at ALL Levels.
12 Growth Companies, Bro Greg give u Sum-of-Parts valuation and i LOW-BALL each company say 200 million, that' s 2.4 Billion which means Fair Value 0.10 or TEN CENTS. Now 7.5 cents got much more room!! Huat gao gao!
Paying 2 Billion+++ for 4 Pillars of Growth and 12 Companies
1. Aquaculture under this not just Abalone or Prawn but also High Value Fish like TUNA (cue Japan Tuna 1 Tuna for 1 Million SGD) and Lobsters (high value)
Aquaculture has always been a cornerstone pillar of Oceanus Group&rsquo s business since its inception, with a focus on addressing global food security. Strong emphasis is placed on sustainable practices and the use of cutting-edge aquaculture technologies.
Oceanus Group has one of the world&rsquo s largest land-based abalone farm with teams in China and Indonesia ensuring seafood is sustainably sourced and food safety standards are met.
We have expanded our product range to fish and crustaceans and have exported to Singapore, China, Japan and USA.
Company A under Aquaculture: Oceanus China
Oceanus Group (China) Aquaculture Ltd (&ldquo OCA&rdquo ), a fully owned China subsidiary of the Group, operates the abalone hatchery farms in China. Located along the sea in Fo Tan town of Fujian, China, it has a total of 6669 tanks spread across its 39.18 hectare land.
With 135 farm workers, it is capable of spawning over 200 million juvenile abalones each season with a production capacity of 133.38 million juveniles every year. Being a land-based aquaculture facility, the abalone juveniles&rsquo breeding environment is carefully controlled to encourage their growth, survival and propagation so as to deliver consistent supply.
Oceanus Group has also entered into strategic contract farming arrangements with aquaculture farmers which allows full utilisation of all of its tanks and maximise profits.
Company B under Aquaculture: Asia Fisheries
Asia Fisheries focuses on the expanding the group' s aquaculture business further down the value chain, by bring quality wild-caught and farmed seafood products to customers around the world, including customers in Singapore, USA, UK, Australia and Japan
Our Products
We deliver a variety of fresh seafood such as Fishes, Molluscs and Crustaceans
https://asia-fisheries.com/
Company C under Aquaculture: Universal Aquaculture
Universal aquaculture was founded in 2020 by a team of Aquaculture enthusiasts, with combined experience of 30 years in the Aquaculture industry. Our mission is to build the global food systems of tomorrow, using environmentally sound and sustainable food production methods.
Our focus is on the intensive production of vannamei, in a fully controlled indoor environment using our industry-leading poly-culture hybrid re-circulating Aquaculture system with bio-floc technology.
Company D under Aquaculture: Pelamis Group backed by AUSTRALIAN GOVT
The Australian Tuna Fisheries are a proven sustainable resource that is strictly controlled by the Australian Government (AFMA) on behalf of the Australian community. This controls extends to tuna species:
WTBF - Western Tuna & Billfish Fishery
SBTF - Southern Bluefin Tuna Fishery
SJTF - Skipjack Tuna Fishery
ETBF - Western Tuna & Billfish Fishery
Oceanus Group leverages upon its existing corporate presence and trading network globally to strengthen its position across the value chain &ndash from raw materials to consumer goods.
Over the last couple of years, we have successfully increase our FMCG range to more than 2000 different products. We have also increase our global footprint to 16 countries worldwide.
Company A under Distribution: Season Global Trading is a FMCG company. We pride ourselves as a nimble and resourceful company. Covering Major Segments in: Alcohol, Cosmetics, Snacks, Seafood, Lifestyle Products
Season Global Trading was conceived in partnership with Season Hong International Trading, a Chinese conglomerate with over 40 years of experience in the global consumer goods distribution market.
Company B: Singapore Farmer the one WE ALL BUY and Terence Cao all use!
Company C: Xiamen Oceanus
3. Distribution Services backed by Singapore and Cambodian Govt
Oceanus Group&rsquo s in-house capabilities in aquaculture consulting, marketing and branding are also offered to third parties. By serving as profit centres wherever possible, these services boost the overall productivity and profitability of Oceanus Group.
Our award winning subsidiary, AP Media has spearheaded high profile projects both locally and overseas, such as the digitalisation Singapore&rsquo s history 200 years before Sir Stamford Raffles, live streaming of Singapore National Day parade 2019 and Art-Fest 2020 (Celebrating 55 years of diplomatic relationship between Singapore and Cambodia)
Clients include $Keppel Corp(BN4.SI) $Sembcorp Ind(U96.SI) Sime Darby $ST Engineering(S63.SI) etc POWERHOUSES also National Art Gallery, A*Star
also in VR Facebook Occulus Media Marketing.
Oceanus Group stays ahead of the curve with innovative research and development
In line with Oceanus Group&rsquo s ongoing strategy to pursue cutting-edge aquaculture R& D alongside its industry partners and institutions, an innovation centre was established in July 2017.
Oceanus has set up of Oceanus Oceanic Institute in Zhangpu & Oceanus Innovation Centre @ Temasek Polytechnic. We also have ongoing research collaboration with Temasek Polytechnic and Republic Polytechnic on juvenile abalone growth
Oceanus Oceanic Institute (OOI) was established as Oceanus Group Limited&rsquo s Research and Development arm.
Located at Oceanus Group farm in China, OOI is responsible for the development and implementation of various risk management and protocols for all Oceanus Group&rsquo s farm, including it technology and system.
in pursuit of sustainable food technologies, from enhancing yield to quality of assets. We endeavor to shape the future of farming with a strong focus on food security through sustainable R& D and research-based farming
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Oceanus has a lot more outstanding shares issued now than it did in 2009, so reaching at 0.40 price target will mean a significantly higher market capitalisation now. I don' t have the exact number of outstanding shares for 2009 so can' t comment on price per share. That being said, I don' t agree we should use market capitalisation as a metric to limit Oceanus' s success.
I am also not sure if there was a rights issue back then. Very likely. But I know quite a few debtors were restructured into shareholders back in 2017 (source: https://www.businesstimes.com.sg/companies-markets/oceanus-shareholder-acquires-significant-stake-from-creditor-group-in-married-deal). This is what helped removed the debt overhang on the company.
Hope the above helps!
Mk8080 ( Date: 21-Feb-2021 09:22) Posted:
Yes i do understand and read up a lot on this too and thus i come to realise this Q, Yes and no i think, cause if we can compare it apple to apple then current price with new management should out do old management isn' t it? So if we can get the numbers and compare it to then, isn' t current price which is a good sign that it is still Low compare to then? And also with new management and new direction and new good earning, all the more it should,will and would be breaking the old price point then Teo bo? And if what i mention is legitimate then 0.020 and 0.40 is just a matter of time and with current 0.075 there' s still tons of room and the sky the limit when it exit the watch list, make sense?
And why no, when the old company was in debts did they did a rights issues? Not too sure. SGX in 2009 and now isn' t the same too what could had happen then likely not able to happen too often again now ie Blumont and liongold. And inflation cost, economic then and now cannot be compare too i do understand and also understand counters are speculative, manipulative and sentimental regardless of counter and if there is no buyer or bb no matter how lucrative or well manage it will also be crawling only....
And thus i thought by using numbers of its financial report then and now would speak vol of its potential and future...
mondaybluesy ( Date: 21-Feb-2021 02:06) Posted:
It would not be meaningful to compare the old management back in 2009 to the current team, as Oceanus back then is very very different from Oceanus today. Back then, its main revenue stream was very heavily solely dependent on abalone breeding. A natural disaster that occurs in China can severely damage their farms, causing huge financial damages (go read about it!).
The CEO Peter Koh and the current management team realised that vulnerability, and has laboured across the years to ensure Oceanus is no longer a " one-revenue stream company" . It was simply not sustainable, and too risky for her shareholders. Instead of breeding abalones directly, Oceanus began to focus on leasing the farms out, isulating them from natural disasters and any black swan events. In addition, a lot of effort was put in to establish the 4 income channels: Aquaculture, Distribution, Services and Innovation. Each of these channels are growing even bigger. This ensures that even if any one of the income streams get hit, Oceanus is still able to sail strongly and weather the storm.
I know there are many old hodlers of Oceanus, who lost money in the past. I am truly sorry to hear that. But if you' re still holding, know that Oceanus today is not the same abalone company as before. Oceanus is heading to become a leader in the agricultural space in Deep Tech, which should be comforting because with tech, the sky is the limit. I hope where Oceanus is going will not only help you recoup your losses, but more than cover your opportunity cost in lost time. A lot of work has been put in during the " clean-up" phase to position Oceanus now for the next three years of " tech-up" . Right now, it is simply an open invitation for everyone to join the ride and reap the rewards from the hard work the management team has put in.
Warren Buffet has famously taught that we should consider our investments as though we can only make 20 investments in our lifetime. I am proud to say Oceanus is one of my 20.
I am very long Oceanus, and see any price retracement as natural and healthy in an overall general trend upwards. Whatever your long entry price is, I am confident we can all share in the success of Oceanus over the next 3 years |
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its quite a nom for day or short term trading when an counter is on a up trending and acquire more attention, ppl can say gain is thining, spreading out or slowing down. But if u are in for a longer time and your entry lets say for example is 6 series then why worry if u are see a new baseline is forming at 7 or 8 and gg up? U will worry if there isn' t a new baseline forming when u are a day trader and for long term investor u will be brighten up and adding bit by bit along the way if it goes up and dip slightly.... make sense? It been a penny counter as it is now there would be more investors now then traders cause we are already in, but however as it gets bigger, there is bound to be more traders now then investors. But when the Q4 and exit arrived it will change again, this cycle never change regardless of it gg up or down
Jamhoe ( Date: 21-Feb-2021 09:39) Posted:
| Recently seem like a trend to sell on result. Looking at oceanus gain last week, seems like already in result play. Any thoughts? |
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Recently seem like a trend to sell on result. Looking at oceanus gain last week, seems like already in result play. Any thoughts?
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Yes totally agree, TA do not work on counter like this and to a extent on a lot of other counter like singaporean favour like SIA... its also overbrought isn' t it? And also if TA apply then Wilmar will be $7 now instead of $5 now. These are 2 example...
DexterT ( Date: 21-Feb-2021 09:21) Posted:
Yeap, the article has been shared in this forum and there is quite a number of replies to it. You can scroll downwards or click back page by page to see it.
To me, the article is using Technical Analysis (TA) to ?judge? a company. That is not wrong. But I would not use TA for a company like Oceanus. Investors nowadays invest based on future prospects. iFast is overvalued, but investors still invest in it. Why? Because they see future potential in it. There are many companies out there with high valuations. NanoFilm, Tesla, QuantumScape (No product in market and already worth billions), all overvalue but there is still investors willing to pay that price for it. If you look at what is the hype nowadays, that would be Bitcoin blockchain mining stocks. Companies like SOS have not even mined a single Bitcoin but is worth $11/share based on future prospects. Companies like CAN, jumped 40-50% last Friday because of future prospects of Bitcoin.
Honestly, if investors can only buy into a stock based on the CORRECT P/B P/E ratio of that company, then what is the point of opening the stock market. Might as well halt the whole stock market and only open it days before the companies results are out, because apparently, we can only invest with the CORRECT P/B P/E ratio of that company. Why can t investors invest because of future prospects? Is it wrong?
I see Oceanus with tons of future potential even if TA says otherwise. What are your thoughts?
ButhuAlex ( Date: 21-Feb-2021 08:58) Posted:
| There are comments about Oceanus: Caution warranted with penny stocks at overbought high as STI slimps.... |
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Yes i do understand and read up a lot on this too and thus i come to realise this Q, Yes and no i think, cause if we can compare it apple to apple then current price with new management should out do old management isn' t it? So if we can get the numbers and compare it to then, isn' t current price which is a good sign that it is still Low compare to then? And also with new management and new direction and new good earning, all the more it should,will and would be breaking the old price point then Teo bo? And if what i mention is legitimate then 0.020 and 0.40 is just a matter of time and with current 0.075 there' s still tons of room and the sky the limit when it exit the watch list, make sense?
And why no, when the old company was in debts did they did a rights issues? Not too sure. SGX in 2009 and now isn' t the same too what could had happen then likely not able to happen too often again now ie Blumont and liongold. And inflation cost, economic then and now cannot be compare too i do understand and also understand counters are speculative, manipulative and sentimental regardless of counter and if there is no buyer or bb no matter how lucrative or well manage it will also be crawling only....
And thus i thought by using numbers of its financial report then and now would speak vol of its potential and future...
mondaybluesy ( Date: 21-Feb-2021 02:06) Posted:
It would not be meaningful to compare the old management back in 2009 to the current team, as Oceanus back then is very very different from Oceanus today. Back then, its main revenue stream was very heavily solely dependent on abalone breeding. A natural disaster that occurs in China can severely damage their farms, causing huge financial damages (go read about it!).
The CEO Peter Koh and the current management team realised that vulnerability, and has laboured across the years to ensure Oceanus is no longer a " one-revenue stream company" . It was simply not sustainable, and too risky for her shareholders. Instead of breeding abalones directly, Oceanus began to focus on leasing the farms out, isulating them from natural disasters and any black swan events. In addition, a lot of effort was put in to establish the 4 income channels: Aquaculture, Distribution, Services and Innovation. Each of these channels are growing even bigger. This ensures that even if any one of the income streams get hit, Oceanus is still able to sail strongly and weather the storm.
I know there are many old hodlers of Oceanus, who lost money in the past. I am truly sorry to hear that. But if you' re still holding, know that Oceanus today is not the same abalone company as before. Oceanus is heading to become a leader in the agricultural space in Deep Tech, which should be comforting because with tech, the sky is the limit. I hope where Oceanus is going will not only help you recoup your losses, but more than cover your opportunity cost in lost time. A lot of work has been put in during the " clean-up" phase to position Oceanus now for the next three years of " tech-up" . Right now, it is simply an open invitation for everyone to join the ride and reap the rewards from the hard work the management team has put in.
Warren Buffet has famously taught that we should consider our investments as though we can only make 20 investments in our lifetime. I am proud to say Oceanus is one of my 20.
I am very long Oceanus, and see any price retracement as natural and healthy in an overall general trend upwards. Whatever your long entry price is, I am confident we can all share in the success of Oceanus over the next 3 years.
Mk8080 ( Date: 20-Feb-2021 22:15) Posted:
| Anyone has any inside how the company was doing when the old management was doing in 2009 when the price was at its height @0.40? And is current management doing better? So at least can compare. I try to search but couldn' t get much. Dun quite understand why the neg and nan abt it when it just reach 2012 point and only reach 1/5 of 2009. Can some kind soul share some light? |
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Yeap, the article has been shared in this forum and there is quite a number of replies to it. You can scroll downwards or click back page by page to see it.
To me, the article is using Technical Analysis (TA) to ?judge? a company. That is not wrong. But I would not use TA for a company like Oceanus. Investors nowadays invest based on future prospects. iFast is overvalued, but investors still invest in it. Why? Because they see future potential in it. There are many companies out there with high valuations. NanoFilm, Tesla, QuantumScape (No product in market and already worth billions), all overvalue but there is still investors willing to pay that price for it. If you look at what is the hype nowadays, that would be Bitcoin blockchain mining stocks. Companies like SOS have not even mined a single Bitcoin but is worth $11/share based on future prospects. Companies like CAN, jumped 40-50% last Friday because of future prospects of Bitcoin.
Honestly, if investors can only buy into a stock based on the CORRECT P/B P/E ratio of that company, then what is the point of opening the stock market. Might as well halt the whole stock market and only open it days before the companies results are out, because apparently, we can only invest with the CORRECT P/B P/E ratio of that company. Why can t investors invest because of future prospects? Is it wrong?
I see Oceanus with tons of future potential even if TA says otherwise. What are your thoughts?
ButhuAlex ( Date: 21-Feb-2021 08:58) Posted:
| There are comments about Oceanus: Caution warranted with penny stocks at overbought high as STI slimps.... |
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There are comments about Oceanus: Caution warranted with penny stocks at overbought high as STI slimps....
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How about Thomson Medical Bro Greg? Any advice? Bought at 67. Then I read about piggy back warrants, what is piggy back Warrants? The same as warrants? The conversion price is 0.9 cent 1.1 cent or 1.2 cent? Different sources give different conversion, I do not know which to follow.
gregtan123 ( Date: 20-Feb-2021 22:40) Posted:
Possible HAHA but at 1 SGD it is worth 24 Billion Wor
ThankYou ( Date: 20-Feb-2021 22:30) Posted:
| Is the Target price $1 in 3 years time possible |
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👍
ckmpd1 ( Date: 21-Feb-2021 08:10) Posted:
One step at a time. Let us see 8cents by end Feb and 10 cents by end Mar?
gregtan123 ( Date: 20-Feb-2021 22:40) Posted:
| Possible HAHA but at 1 SGD it is worth 24 Billion Wo |
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One step at a time. Let us see 8cents by end Feb and 10 cents by end Mar?
gregtan123 ( Date: 20-Feb-2021 22:40) Posted:
Possible HAHA but at 1 SGD it is worth 24 Billion Wor
ThankYou ( Date: 20-Feb-2021 22:30) Posted:
| Is the Target price $1 in 3 years time possible |
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It would not be meaningful to compare the old management back in 2009 to the current team, as Oceanus back then is very very different from Oceanus today. Back then, its main revenue stream was very heavily solely dependent on abalone breeding. A natural disaster that occurs in China can severely damage their farms, causing huge financial damages (go read about it!).
The CEO Peter Koh and the current management team realised that vulnerability, and has laboured across the years to ensure Oceanus is no longer a " one-revenue stream company" . It was simply not sustainable, and too risky for her shareholders. Instead of breeding abalones directly, Oceanus began to focus on leasing the farms out, isulating them from natural disasters and any black swan events. In addition, a lot of effort was put in to establish the 4 income channels: Aquaculture, Distribution, Services and Innovation. Each of these channels are growing even bigger. This ensures that even if any one of the income streams get hit, Oceanus is still able to sail strongly and weather the storm.
I know there are many old hodlers of Oceanus, who lost money in the past. I am truly sorry to hear that. But if you' re still holding, know that Oceanus today is not the same abalone company as before. Oceanus is heading to become a leader in the agricultural space in Deep Tech, which should be comforting because with tech, the sky is the limit. I hope where Oceanus is going will not only help you recoup your losses, but more than cover your opportunity cost in lost time. A lot of work has been put in during the " clean-up" phase to position Oceanus now for the next three years of " tech-up" . Right now, it is simply an open invitation for everyone to join the ride and reap the rewards from the hard work the management team has put in.
Warren Buffet has famously taught that we should consider our investments as though we can only make 20 investments in our lifetime. I am proud to say Oceanus is one of my 20.
I am very long Oceanus, and see any price retracement as natural and healthy in an overall general trend upwards. Whatever your long entry price is, I am confident we can all share in the success of Oceanus over the next 3 years.
Mk8080 ( Date: 20-Feb-2021 22:15) Posted:
| Anyone has any inside how the company was doing when the old management was doing in 2009 when the price was at its height @0.40? And is current management doing better? So at least can compare. I try to search but couldn' t get much. Dun quite understand why the neg and nan abt it when it just reach 2012 point and only reach 1/5 of 2009. Can some kind soul share some light? |
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Possible HAHA but at 1 SGD it is worth 24 Billion Wor
ThankYou ( Date: 20-Feb-2021 22:30) Posted:
Is the Target price $1 in 3 years time possible?
gregtan123 ( Date: 20-Feb-2021 21:37) Posted:
Sharing with 2 Further Additions. $Oceanus^(579.SI) we do the Due D for u. u just need to read.
A. In Fact Oceanus Invested Universal Aquaculture on Feb 11, 2021 stated: From all of us at Universal Aquaculture, we wish you a year of abundance ahead!
WATCH THIS SPACE TOO AS WE WILL BE REVEALING SOME EXCITING NEWS SOON.
They already HINT HINT HINT HINT Until Cannot HINT liao.
https://www.facebook.com/uniaquasg
B. Second, Older Write Up by Moss Piglet:
https://themosspiglets.com/2020/10/23/oceanus-sgx579-making-a-splash-and-ready-for-next-stage-of-growth/
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Yes that&rsquo s the time to buy when it gets dumped!
gregtan123 ( Date: 20-Feb-2021 20:17) Posted:
But SGX and Singaporeans known for SELL ON NEWS haha.
Mk8080 ( Date: 20-Feb-2021 20:09) Posted:
| I can' t wait for the announcement to be out, cause from the view of running a company. Not only u will be proud to report your solid YOY performances, u will also share the partnership u have, and will be having and the direction u will be heading. And that will clearly give ppl tons of clarity and confidence. Strong faith in those vested in the company. |
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Is the Target price $1 in 3 years time possible?
gregtan123 ( Date: 20-Feb-2021 21:37) Posted:
Sharing with 2 Further Additions. $Oceanus^(579.SI) we do the Due D for u. u just need to read.
A. In Fact Oceanus Invested Universal Aquaculture on Feb 11, 2021 stated: From all of us at Universal Aquaculture, we wish you a year of abundance ahead!
WATCH THIS SPACE TOO AS WE WILL BE REVEALING SOME EXCITING NEWS SOON.
They already HINT HINT HINT HINT Until Cannot HINT liao.
https://www.facebook.com/uniaquasg
B. Second, Older Write Up by Moss Piglet:
https://themosspiglets.com/2020/10/23/oceanus-sgx579-making-a-splash-and-ready-for-next-stage-of-growth/
DexterT ( Date: 20-Feb-2021 17:42) Posted:
This will be my view on Oceanus Group and why I think it is still currently bullish. Please take my opinions with a pinch of salt and do your own due diligence.
Bullish Opinion
1. Oceanus Group recently received a query from SGX because of their 11% increase in price movement and to which, Oceanus Group replies to being unaware of any possible reasons that might cause the price surge. However, based on my limited time in research, I have come up with these 3 potential reasons.
Bullish Graph
If we look at Oceanus Group' s graph, we can see that there is 2 strong support forming at $0.062 and $0.067. With such a strong support forming and investors consolidating, it tends to spark up with any positive news.
Joey Choy Analysis
Joey Choy from Philip Securities posted a video on 2 SG Penny Stocks that are below $0.20 with more uptrend potential. Those 2 SG Penny Stocks are Oceanus Group and Jiutian Chemical. With Joey Choy' s reputation as Singapore' s renowned mentor and as one of the Top Tier Remisiers and Trader, he might have some influence through his analyst.
Link: https://www.youtube.com/watch?v=PU6EOxCASIQ& t=647s
Terenece Cao Partnering
Terence' s home-based F& B business sets up Mee Siam delivery and partners with nine Singaporean farms to sell their produce on its site. The first of these being Oceanus Group' s abalone.
Link: https://www.8days.sg/eatanddrink/newsandopening/terence-cao-sets-up-mee-siam-delivery-biz-gets-700-enquiries-on-14225762
2. Since 2018, Oceanus Group has constantly generated increasing profits year after year. The amazing growth of 200% - 300% per year due to their strategize 4 pillars of growth. Gaining revenue from 4 different sectors, Aquaculture, Distribution, Services, and Innovation. Their latest revenue between 2019 to Q1-Q3 2020, shows an increase of 305%. ( Exponential revenue and earnings growth )
3. As CEO Peter Koh joins Oceanus Group in 2014, he managed to turn the company around from being heavily in debt to absolutely no debt by 2017. This allows Oceanus Group to achieve their first ' Clean' audit opinion in Nine Years. This could only be done after successfully resolving all legacy issues that have caused disclaimer of opinions from its auditors between FY2011 to FY2017.
Link: https://oceanus.com.sg/oceanus-achieves-first-clean-audit-opinion-in-nine-years/
4. Seeing Oceanus Group' s growth potential, former Minister Yaccob Ibrahim joins Oceanus Group as an independent director and invested in the company in 2020. With former Minister Yaccob Ibrahim involvement in the company, Oceanus Group will indefinitely move faster and stronger forward with his skills and knowledge in his sector.
Link: https://oceanus.com.sg/former-minister-yaacob-ibrahim-joins-oceanus-as-independent-director/
5. Oceanus Group has plans to apply out of SGX watchlist in April 2021 after auditing their FY2020 results. The result on whether they have successfully exited out of SGX watchlist will be announced in Q3/4 2021. Looking at how Oceanus Group has progressed over the years and their confidence in applying out of SGX watchlist, I feel there will be positive news in Q3/4 2021.
Link: https://www.facebook.com/OceanusGroupLimited/posts/877066023043380
6. Because of the pandemic crisis in 2020, it was a nudge for many companies. Oceanus Group realizes that they will need to evolve from past practices to survive the pandemic and so they did. They have been constantly innovating since 2015. This allowed Oceanus Group to continue to grow revenue and profit even in 2020. The journey has only just begun, especially as they kickstart their 3-year plan of Tech-Up phase.
An exciting project that Oceanus has was their Aquapolis City project with 2 other companies, Shaw Investment Holdings, and China Construction Seventh Engineering Division. The project was created to tackle food security concerns from governments around the world. It is a sea-based hi-tech aquaponics farm that aims to be the solution to food security and safety in Singapore and beyond. Although Oceanus Group has not released any updates or progress of the Aquapolis project, I hope to hear more about it in their 3-year tech-up phase.
Link: https://www.businesstimes.com.sg/companies-markets/oceanus-partners-shaw-investment-holdings-chinese-construction-firm-to-enhance
7. Oceanus Group is set to release its Q4 2020 earnings report in February. I am confident that their earnings report will be good as having a good consistent financial profit year over year is one of the criteria to be able to apply out of SGX watchlist.
8. I came upon Oceanus Market Depth data while researching and noticed something interesting. The amount of shares at the sell queue is decreasing over time compared to when it was priced at $0.03. When the share price was at $0.03, the selling volume was at close to 40-50 million shares, and as of 19/02/2020, the share price at $0.076 was around 20-30 million shares. I am not sure about you, but this tells me that many Oceanus Group supporters are holding on to their shares because they believe in the company.
Investment
Oceanus Group in 2020 has been making strategic investments towards the food-tech space. Investment such as:
1. Investment in Universal Aquaculture for Deep Tech Indoor Prawn breeding.
Link: https://www.businesstimes.com.sg/companies-markets/oceanus-invests-in-deep-tech-firm-to-breed-prawns
2. Signed an agreement with Hainan Raffles Group, to set up the world' s first Oceanus FoodTech Hub in Hainan. A key aquaculture centre for shrimp and fish farming in the region.
Link: https://links.sgx.com/1.0.0/corporate-announcements/Q98FNYLCZ2E1YRFB/669685e053e41e000255387677e65a2f6919e620ef5c6b240ce4eb1a489ba10d?fbclid=IwAR38wSvIJMLFq_KUBYI0nmhTuNodYfg22ztw-z58JpcVCDyLA6ibWb-OYGM
Upcoming Near-term key Catalyst
1. Q4 2020 Results. The Q4 2020 results will be released this coming February and in my opinion, it will no doubt be great as compared to the previous quarter.
2. Exiting from SGX watch-list. Based on the profitability achieved in Q1-Q3 2020, Oceanus is on track to fulfill the condition to exit from SGX watch-list. This is an upgrade of confidence from SGX as it is loosening its reporting requirement for Oceanus.
3. Exponential revenue and earnings growth from Season Global. Since establishing Season Global JV in Jan 2020, the revenue of Oceanus Group has grown significantly. In Q1-Q3 2020, Oceanus Group' s revenue grew by 626% year over year ( +276% quarter over quarter ) and made a turnaround from a loss to profit.
4. Further expansion of aquaculture businesses. The Covid-19 pandemic has accelerated the demand for many major cities to build their own food supplies. The could open up more opportunities for Oceanus to deploy its food tech hubs in key cities across China, ASEAN, and the Middle East.
Bearish Opinion
Of course, there will definitely be some bearish opinions as there is bullish.
1. Oceanus Group' s valuation is a whopping $1.822 billion as of this writing. Its share price is at $0.075 on 19/02/2020 closing.
2. Oceanus Group' s P/B ratio is at 76.27x as compared to its fair value and price relative to the market.
Link: https://www.theedgesingapore.com/capital/right-timing/caution-warranted-penny-stocks-overbought-highs-sti-slumps
Based on the above numbers, Oceanus Group is overvalued as compared to other counters such as First Resources Ltd, Bumitama Agri Ltd, and Indofood Agri Resources Ltd to name a few. However, I would not use these numbers to value Oceanus Group as it is a growth company. We invest based on how we see the company' s future, and from how I see it, Oceanus Group is en route to greater growth and earnings with strong fundamentals that are built since 2014.
Other Links
To those who would love to know more about Oceanus Group or where I get my research from, below are a few links provided for your convenience.
UOB KayHian Analyst Report on Oceanus Group
Link: https://research.sginvestors.io/2021/01/oceanus-group-uob-kay-hian-research-2021-01-20.html
89.3 Money FM interview on Oceanus Group CEO Peter Koh
Link: https://omny.fm/shows/money-fm-893/driving-a-resilient-aquaculture-business-amid-covi?fbclid=IwAR2YoxNBFyWbjDwkaVmAeCBDYYLvRP40hC5KttwRnBWPhgJd5IMSrSxYvQA#description
Oceanus Facebook (Oceanus post updates on their progress)
Link: https://www.facebook.com/OceanusGroupLimited
Disclaimer: All content on this post is for informational & educational purposes only, and shouldn' t be taken as personalized financial advice. Always do your own due diligence before investing. Cheers/ |
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Yup. Correction then collection.
Collection then correction.
Keep yakult rolling. U know what I meant? Right.
Good luck to all Oceaners. DYODD. 👌 😃
ckmpd1 ( Date: 20-Feb-2021 21:08) Posted:
It depends on the timing. As I posted below, there is not much time for correction if good news is knocking on the door. Maybe it will rise till the good news effects taper off.
SureStrike ( Date: 20-Feb-2021 20:58) Posted:
Good share need healthy correction for collection.
Collect more yakult when correction please! 👊 😃
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Anyone has any inside how the company was doing when the old management was doing in 2009 when the price was at its height @0.40? And is current management doing better? So at least can compare. I try to search but couldn' t get much. Dun quite understand why the neg and nan abt it when it just reach 2012 point and only reach 1/5 of 2009. Can some kind soul share some light?
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Sharing with 2 Further Additions. $Oceanus^(579.SI) we do the Due D for u. u just need to read.
A. In Fact Oceanus Invested Universal Aquaculture on Feb 11, 2021 stated: From all of us at Universal Aquaculture, we wish you a year of abundance ahead!
WATCH THIS SPACE TOO AS WE WILL BE REVEALING SOME EXCITING NEWS SOON.
They already HINT HINT HINT HINT Until Cannot HINT liao.
https://www.facebook.com/uniaquasg
B. Second, Older Write Up by Moss Piglet:
https://themosspiglets.com/2020/10/23/oceanus-sgx579-making-a-splash-and-ready-for-next-stage-of-growth/
DexterT ( Date: 20-Feb-2021 17:42) Posted:
This will be my view on Oceanus Group and why I think it is still currently bullish. Please take my opinions with a pinch of salt and do your own due diligence.
Bullish Opinion
1. Oceanus Group recently received a query from SGX because of their 11% increase in price movement and to which, Oceanus Group replies to being unaware of any possible reasons that might cause the price surge. However, based on my limited time in research, I have come up with these 3 potential reasons.
Bullish Graph
If we look at Oceanus Group' s graph, we can see that there is 2 strong support forming at $0.062 and $0.067. With such a strong support forming and investors consolidating, it tends to spark up with any positive news.
Joey Choy Analysis
Joey Choy from Philip Securities posted a video on 2 SG Penny Stocks that are below $0.20 with more uptrend potential. Those 2 SG Penny Stocks are Oceanus Group and Jiutian Chemical. With Joey Choy' s reputation as Singapore' s renowned mentor and as one of the Top Tier Remisiers and Trader, he might have some influence through his analyst.
Link: https://www.youtube.com/watch?v=PU6EOxCASIQ& t=647s
Terenece Cao Partnering
Terence' s home-based F& B business sets up Mee Siam delivery and partners with nine Singaporean farms to sell their produce on its site. The first of these being Oceanus Group' s abalone.
Link: https://www.8days.sg/eatanddrink/newsandopening/terence-cao-sets-up-mee-siam-delivery-biz-gets-700-enquiries-on-14225762
2. Since 2018, Oceanus Group has constantly generated increasing profits year after year. The amazing growth of 200% - 300% per year due to their strategize 4 pillars of growth. Gaining revenue from 4 different sectors, Aquaculture, Distribution, Services, and Innovation. Their latest revenue between 2019 to Q1-Q3 2020, shows an increase of 305%. ( Exponential revenue and earnings growth )
3. As CEO Peter Koh joins Oceanus Group in 2014, he managed to turn the company around from being heavily in debt to absolutely no debt by 2017. This allows Oceanus Group to achieve their first ' Clean' audit opinion in Nine Years. This could only be done after successfully resolving all legacy issues that have caused disclaimer of opinions from its auditors between FY2011 to FY2017.
Link: https://oceanus.com.sg/oceanus-achieves-first-clean-audit-opinion-in-nine-years/
4. Seeing Oceanus Group' s growth potential, former Minister Yaccob Ibrahim joins Oceanus Group as an independent director and invested in the company in 2020. With former Minister Yaccob Ibrahim involvement in the company, Oceanus Group will indefinitely move faster and stronger forward with his skills and knowledge in his sector.
Link: https://oceanus.com.sg/former-minister-yaacob-ibrahim-joins-oceanus-as-independent-director/
5. Oceanus Group has plans to apply out of SGX watchlist in April 2021 after auditing their FY2020 results. The result on whether they have successfully exited out of SGX watchlist will be announced in Q3/4 2021. Looking at how Oceanus Group has progressed over the years and their confidence in applying out of SGX watchlist, I feel there will be positive news in Q3/4 2021.
Link: https://www.facebook.com/OceanusGroupLimited/posts/877066023043380
6. Because of the pandemic crisis in 2020, it was a nudge for many companies. Oceanus Group realizes that they will need to evolve from past practices to survive the pandemic and so they did. They have been constantly innovating since 2015. This allowed Oceanus Group to continue to grow revenue and profit even in 2020. The journey has only just begun, especially as they kickstart their 3-year plan of Tech-Up phase.
An exciting project that Oceanus has was their Aquapolis City project with 2 other companies, Shaw Investment Holdings, and China Construction Seventh Engineering Division. The project was created to tackle food security concerns from governments around the world. It is a sea-based hi-tech aquaponics farm that aims to be the solution to food security and safety in Singapore and beyond. Although Oceanus Group has not released any updates or progress of the Aquapolis project, I hope to hear more about it in their 3-year tech-up phase.
Link: https://www.businesstimes.com.sg/companies-markets/oceanus-partners-shaw-investment-holdings-chinese-construction-firm-to-enhance
7. Oceanus Group is set to release its Q4 2020 earnings report in February. I am confident that their earnings report will be good as having a good consistent financial profit year over year is one of the criteria to be able to apply out of SGX watchlist.
8. I came upon Oceanus Market Depth data while researching and noticed something interesting. The amount of shares at the sell queue is decreasing over time compared to when it was priced at $0.03. When the share price was at $0.03, the selling volume was at close to 40-50 million shares, and as of 19/02/2020, the share price at $0.076 was around 20-30 million shares. I am not sure about you, but this tells me that many Oceanus Group supporters are holding on to their shares because they believe in the company.
Investment
Oceanus Group in 2020 has been making strategic investments towards the food-tech space. Investment such as:
1. Investment in Universal Aquaculture for Deep Tech Indoor Prawn breeding.
Link: https://www.businesstimes.com.sg/companies-markets/oceanus-invests-in-deep-tech-firm-to-breed-prawns
2. Signed an agreement with Hainan Raffles Group, to set up the world' s first Oceanus FoodTech Hub in Hainan. A key aquaculture centre for shrimp and fish farming in the region.
Link: https://links.sgx.com/1.0.0/corporate-announcements/Q98FNYLCZ2E1YRFB/669685e053e41e000255387677e65a2f6919e620ef5c6b240ce4eb1a489ba10d?fbclid=IwAR38wSvIJMLFq_KUBYI0nmhTuNodYfg22ztw-z58JpcVCDyLA6ibWb-OYGM
Upcoming Near-term key Catalyst
1. Q4 2020 Results. The Q4 2020 results will be released this coming February and in my opinion, it will no doubt be great as compared to the previous quarter.
2. Exiting from SGX watch-list. Based on the profitability achieved in Q1-Q3 2020, Oceanus is on track to fulfill the condition to exit from SGX watch-list. This is an upgrade of confidence from SGX as it is loosening its reporting requirement for Oceanus.
3. Exponential revenue and earnings growth from Season Global. Since establishing Season Global JV in Jan 2020, the revenue of Oceanus Group has grown significantly. In Q1-Q3 2020, Oceanus Group' s revenue grew by 626% year over year ( +276% quarter over quarter ) and made a turnaround from a loss to profit.
4. Further expansion of aquaculture businesses. The Covid-19 pandemic has accelerated the demand for many major cities to build their own food supplies. The could open up more opportunities for Oceanus to deploy its food tech hubs in key cities across China, ASEAN, and the Middle East.
Bearish Opinion
Of course, there will definitely be some bearish opinions as there is bullish.
1. Oceanus Group' s valuation is a whopping $1.822 billion as of this writing. Its share price is at $0.075 on 19/02/2020 closing.
2. Oceanus Group' s P/B ratio is at 76.27x as compared to its fair value and price relative to the market.
Link: https://www.theedgesingapore.com/capital/right-timing/caution-warranted-penny-stocks-overbought-highs-sti-slumps
Based on the above numbers, Oceanus Group is overvalued as compared to other counters such as First Resources Ltd, Bumitama Agri Ltd, and Indofood Agri Resources Ltd to name a few. However, I would not use these numbers to value Oceanus Group as it is a growth company. We invest based on how we see the company' s future, and from how I see it, Oceanus Group is en route to greater growth and earnings with strong fundamentals that are built since 2014.
Other Links
To those who would love to know more about Oceanus Group or where I get my research from, below are a few links provided for your convenience.
UOB KayHian Analyst Report on Oceanus Group
Link: https://research.sginvestors.io/2021/01/oceanus-group-uob-kay-hian-research-2021-01-20.html
89.3 Money FM interview on Oceanus Group CEO Peter Koh
Link: https://omny.fm/shows/money-fm-893/driving-a-resilient-aquaculture-business-amid-covi?fbclid=IwAR2YoxNBFyWbjDwkaVmAeCBDYYLvRP40hC5KttwRnBWPhgJd5IMSrSxYvQA#description
Oceanus Facebook (Oceanus post updates on their progress)
Link: https://www.facebook.com/OceanusGroupLimited
Disclaimer: All content on this post is for informational & educational purposes only, and shouldn' t be taken as personalized financial advice. Always do your own due diligence before investing. Cheers/ |
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It depends on the timing. As I posted below, there is not much time for correction if good news is knocking on the door. Maybe it will rise till the good news effects taper off.
SureStrike ( Date: 20-Feb-2021 20:58) Posted:
Good share need healthy correction for collection.
Collect more yakult when correction please! 👊 😃
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Bad Post
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x 0
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Good share need healthy correction for collection.
Collect more yakult when correction please! 👊 😃
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