ShareJunction - Member Posts

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To be honest, I didn't want to comment much but I couldn't help but jump in. (1) Dividend? No, dont have and will not have at least in the next 3 reporting results as too much previous losses to offset. And in fact, this is not ur REITS or Banks. U want dividend u go to those. Hardly should Tech or Growth Company pay dividend, we want them to reinvest profits, continue to grow, and the market cap rep by share price will increase. we get capital gains! (2) Share Consolidation? Unlikley because Peter himself say already until share price is high enough and stabilise, they wont cause alot of 10 years ago Uncle/Auntie will lose money. Also Share Consolidation is DUMB or meaningless, look at MC Payment and others who did. Don't wish for dumb things. What you all should wish and wait for 1. Exit Watchlist, URGE U ALL GO SPAM SGX ask them to hurry 2. 1st Half Results in August 3. Prawn Farming News 4. Block Chain News Please folks, Oceanus if u want dividend, sell. if u want share consolidation, sell.

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True on the blockchain bit but I would say if Blockchain is used to Secure Food Supply and to Trace Food Source to ensure Safety & Hygiene of Produce/Food then Gamechanger. Let' s wait got 5 Catalyst for this. If All 5 they smart, they release ONE every 2.5 weeks, we huat to 10 cents!

Inferno ( Date: 18-Jun-2021 09:34) Posted:

Thanks Greg for posting the response.

The blockchain part appears cryptic because personally in my expertise opinion unless you have achieve a reasonable scale in your business ecosystem, blockchain is just another buzzword, practically useless. Skeptical that this provides any value to the business at all. Anyway I hope i am wrong and the company has a solid plan on how they will be leveraging blockchain esp in China.

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Oceanus Facebook: June 14 and June 15 Posts Very Telling, Oceanus to the Moon! Their Job Posting very Telling. Singapore' s Tesla!

June 14: Hiring SOFTWARE ENGINEER

Responsibilities:

1. Collaborate with business and project teams to understand requirements and business needs

2. Develop and Support eCommerce and custom web applications.

3. Work closely with the management to ensure all project milestones are met

4. The E-Commerce Software Engineer should be willing to tackle any technology, language, or development environment on an as-needed basis

5. Complete high-impact projects using object-oriented code in modern frameworks and architecture

6. Support all eCommerce related plugins (Coveo, mail chimp, rating platform, etc) and integrations

7. Create prototypes, mockups, and staging sites for review and feedback

8. Optimize websites and applications to ensure that the performance of the solutions is optimal

9. Maintain technical documentation with all the technical details and proper visual diagrams (Flowcharts, diagrams, and layouts) for ease of understanding.

10. Creates clear and concise comments in code to aid understanding by other developers

11. Analyzes production issues to determine problem source and recommend solutions

12. Assists in code reviews and code deployments

13. Adheres to SDLC principles for software development

14. Respond to and complete incidents in a timely and professional manner.

15. Develop Unit test plans and perform unit testing

16. Maintain the version control for all code as per the Guidelines.

Requirements/Qualifications:

1. Incredible coding skills and superhuman programming capacity, as demonstrated by a continuous string of successful projects

2. Should have in-depth mastery of multiple technologies, languages, and development environments

3. Excellent command of written and spoken English and spoken Chinese

4. May involve after-hours work or on-call situations

June 15: FoodTech

Be part of a team that is going to revolutionize the next Food Technology! Send your resume to us TODAY!

#oceanusgroup #wearehiring #foodtech #thenextbigthing

https://www.facebook.com/OceanusGroupLimited

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Haha I did b4 sending to Oceanus actually. SGX replied just wait for Oceanus to updatte so I never share cause SGX reply was lame.

ReitsReader ( Date: 17-Jun-2021 15:05) Posted:

Hi Greg. Long time not on Oceanus forum. Thanks a lot for your initiative to query Oceanus. Their reply (thanks to you) truly shows how paper hands will stand to lose eventually for selling early. Personally I'm still holding about 2 million shares. Half of yours. Haha. Going long for this stock too.

Maybe next is email SGX and question them about their process in removing Oceanus from watchlist. Haha!

Cheers

gregtan123 ( Date: 16-Jun-2021 15:16) Posted:

REPLY LAI LIAO

Hello again Greg,

To address your queries:

Q1. What are the Updates on the Exit of Watch List? Has the Company pressed or followed up with SGX?
A1. As announced on 13 April 2021 and mentioned at our Annual General Meeting, the company has submitted an application to exit the watch-list, on the basis that:

1.The company&rsquo s FY2020 audited financial statements show a pre-tax profit position
2.The independent auditors gave the report a clean " unqualified" opinion and
3.The company has achieved an average market capitalisation of S$40m over the last 6 months.

We believe we have met the stipulated criteria and therefore put forth an application to SGX to exit the watchlist.

To date, save for clarificatory queries, we have not received any updates from the SGX-ST. We will be providing shareholders with timely updates on further developments.

Q2. What is the status of Universal Aquaculture? When will their Prawns be ready for Commercial Launch?
A2. Their indoor prawn farming site has largely been completed. We expect a gradual commencement of farming and harvesting activities within the next few months, with full running capacity to be reached by end of Q3 of this year.

Q3. Blockchain: During the recent AGM, Mr Peter Koh, CEO of Oceanus shares about Oceanus is going into the Blockchain platform for Food Distribution. This is a Massive Project but lacked details, can the Board issue an Update?
A3. Digitalising our entire ecosystem is indeed a significant project which requires foundational work such as web security infrastructure, architecture planning and talent acquisition. Oceanus is fully committed towards this and have commenced such works to digitalise Oceanus&rsquo pillars of growth.

The Board will provide an update when we have material progress on the matter.

Q4. What about Q1 results or 1st Half Results, will 1st Half Results be released in July?
A4. Following the amendments to Rule 705(2) of the Listing Manual of the Singapore Exchange Securities Trading Limited, which took effect on 7 February 2020, the Company is no longer required to announce our financial statements on a quarterly basis.

Pursuant to Rule 705(3)(b) of the Listing Manual of the SGX-ST, the Board has, after due deliberation and taking into consideration the compliance costs, time and efforts required in connection with quarterly reporting, decided to release the financial statements of the Company and the Group on a half-yearly basis. In light of this, the Company will not be announcing our financial statements for the first quarter ending 31 March 2021 and will instead announce the subsequent financial statements for the half-year ending 30 June 2021.

As with past announcements, 1H is expected to be announced by or before Aug 14.

Hope the above clarifies. Feel free to get in touch with us if you have more questions, thanks!

Warmest regards
Melissa

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REPLY LAI LIAO

Hello again Greg,

To address your queries:

Q1. What are the Updates on the Exit of Watch List? Has the Company pressed or followed up with SGX?
A1. As announced on 13 April 2021 and mentioned at our Annual General Meeting, the company has submitted an application to exit the watch-list, on the basis that:

1.The company&rsquo s FY2020 audited financial statements show a pre-tax profit position
2.The independent auditors gave the report a clean " unqualified" opinion and
3.The company has achieved an average market capitalisation of S$40m over the last 6 months.

We believe we have met the stipulated criteria and therefore put forth an application to SGX to exit the watchlist.

To date, save for clarificatory queries, we have not received any updates from the SGX-ST. We will be providing shareholders with timely updates on further developments.

Q2. What is the status of Universal Aquaculture? When will their Prawns be ready for Commercial Launch?
A2. Their indoor prawn farming site has largely been completed. We expect a gradual commencement of farming and harvesting activities within the next few months, with full running capacity to be reached by end of Q3 of this year.

Q3. Blockchain: During the recent AGM, Mr Peter Koh, CEO of Oceanus shares about Oceanus is going into the Blockchain platform for Food Distribution. This is a Massive Project but lacked details, can the Board issue an Update?
A3. Digitalising our entire ecosystem is indeed a significant project which requires foundational work such as web security infrastructure, architecture planning and talent acquisition. Oceanus is fully committed towards this and have commenced such works to digitalise Oceanus&rsquo pillars of growth.

The Board will provide an update when we have material progress on the matter.

Q4. What about Q1 results or 1st Half Results, will 1st Half Results be released in July?
A4. Following the amendments to Rule 705(2) of the Listing Manual of the Singapore Exchange Securities Trading Limited, which took effect on 7 February 2020, the Company is no longer required to announce our financial statements on a quarterly basis.

Pursuant to Rule 705(3)(b) of the Listing Manual of the SGX-ST, the Board has, after due deliberation and taking into consideration the compliance costs, time and efforts required in connection with quarterly reporting, decided to release the financial statements of the Company and the Group on a half-yearly basis. In light of this, the Company will not be announcing our financial statements for the first quarter ending 31 March 2021 and will instead announce the subsequent financial statements for the half-year ending 30 June 2021.

As with past announcements, 1H is expected to be announced by or before Aug 14.

Hope the above clarifies. Feel free to get in touch with us if you have more questions, thanks!

Warmest regards
Melissa

mondaybluesy ( Date: 16-Jun-2021 13:47) Posted:

Nice! After queuing for 2 weeks, my additional order at 0.037 finally got fulfilled this morning too. I am staying invested for the next 2-3 years at least, and will some take profits at key milestones along the way.

For now, just waiting for SGX to make the announcement...

gregtan123 ( Date: 16-Jun-2021 13:34) Posted:

I added another 200,000 at 0.037 Monday bro. I am in this for the long haul. Close to 4 million shares. TP to even sell is 8 to 10 cents, prob sell like 30%. This is gonna take me to the moon. I can wait 6 months to 24 months.

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I added another 200,000 at 0.037 Monday bro. I am in this for the long haul. Close to 4 million shares. TP to even sell is 8 to 10 cents, prob sell like 30%. This is gonna take me to the moon. I can wait 6 months to 24 months.

mondaybluesy ( Date: 16-Jun-2021 12:25) Posted:

I am not sure if you managed to read my earlier posts.

Analysis on company' s business plans post AGM: https://www.investingnote.com/posts/2243655
Analysis on company' s latest financials as at FYE 2020: https://www.investingnote.com/posts/2200603

It is a funny thing, really. When a company does not share its business plans, people complain it is not being transparent and hurts investor confidence. When a company shares its business plans, people complain that it takes too long and calls it a " story" .

Multiple small streams aggregate into a mighty river. Whether we like it or not, it takes time, effort and money to turnaround a business. It also takes time, effort and money to build a business.

Regardless, in a month or so, we will be able to tell whether Oceanus' s H1 2021 figures are " very disappointing" as you claim (still without an explanation), or that its management continues to deliver as promised to its shareholders.

AlaFun ( Date: 16-Jun-2021 11:43) Posted:

Your analysis is very good. The only missing part is analysis of the company' s business.

Let' s suppose the company exits watchlist and receives funding from some renowned investors, my worry will go away for a while and stock price can rise a lot.

However, without the above happens, given their current business model, that is: thin margin trading business, small planned prawn production capacity, blockchain story, and lack of cash, the stock price can only go down

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Inspired by you bro, I wrote in. But no reply yet.

Dear Duane, Yaccob, Dolores and Melissa

Would it be possible to increase investor engagement? Here are some important questions:

1. What are the Updates on the Exit of Watch List? Has the Company pressed or followed up with SGX?

2. What is the status of Universal Aquaculture? When will their Prawns be ready for Commercial Launch?

3. Blockchain: During the recent AGM, Mr Peter Koh, CEO of Oceanus shares about Oceanus is going into the Blockchain platform for Food Distribution. This is a Massive Project but lacked details, can the Board issue an Update?

4. What about Q1 results or 1st Half Results, will 1st Half Results be released in July?

Greg

mondaybluesy ( Date: 13-Jun-2021 23:55) Posted:

Posted my thoughts on Oceanus' s exit application process from SGX watchlist and what to expect thereafter here: https://www.investingnote.com/posts/2268711

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bro for ur sake, this is an Empty Shell with bad operators there to ZAP money. If i were you sell and put into other pennies.

tankoksee ( Date: 09-Jun-2021 15:11) Posted:

wow, 47,000 share sgx buying in...

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$Oceanus^(579.SI) When the going gets tough, CONVICTION is needed. Watch this video.

https://www.youtube.com/watch?v=K5ijpbwIayo

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3c soon!

tankoksee ( Date: 01-Jun-2021 11:39) Posted:

30 otot................

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Osaka deal cancelled as announced on SGX, good actually given covid! BB will push.

gregtan123 ( Date: 07-Jun-2021 20:41) Posted:

This share also GOT Placement by BB a year ago. Sharing from a poster on INS. Placement 0.0085 with 460m. ICP BB. Can do ur job?

In Brief ICP hotel management of TRAVELODGE Asia Brand a hotel management and franchise company responsible for the development of hotels in Asia under the globally-recognised Travelodge brand.
We opened our first Travelodge in Asia in 2017, and today, we have 13 hotels and more than 2,200 rooms in nine cities, namely Singapore, Hong Kong, Seoul, Bangkok, Kuala Lumpur, Penang, Ipoh, Pattaya and Batam.
Mr Aw Cheok Huat, Chairman of Singapore-listed company ICP Ltd, also chairman of Singapore-listed DataPulse Limited.
In 13 Jan 2019, placement of 460m shares at $0.0085 to CMIA Premier Advantage I Limited. CMIA Premier Advantage I Limited is an investment vehicle managed by CMIA Capital Partners (&ldquo CMIA&rdquo ). CMIA is a private equity firm focused on control and growth capital investments in China and Southeast Asia. Established in 2003, CMIA has to-date led more than $1 billion in investments across various industries and sectors. CMIA is headquartered in Singapore, and has presence also in Hong Kong, Shanghai and Chongqing. For more information, please visit www.cmia.com.... CMIA is also the fund manager for Yi Ming China Fund I L.P. (&ldquo Fund&rdquo ). In November 2013, the Company made a US$1.0 million capital commitment in the Fund. As at the date of this announcement, the Company has invested approximately US$0.9 million (equivalent S$1.2 million).
Financial Analysis -
1st Half Revenue up 88% from $2.1m to $4.0m Net Profit postive at $0.17m compared to a loss of $1.3m.
Net Cash at Hand went up from $3.3m to $3.8m, Net Asset Value remain steady at $0.0113.
Technical Analysis-
ICP stock price has been trading in a tight range of $0.007 to $0.01 from 2015 to 2020. It seems to be in a long accumulation mode for such a long period of time and a breakout above $0.01 could be explosive. Key catalyst for ICP - Expansion of Travelodge Brand in Asia(3 upcoming hotel opening in 2020, 2021 in Thailand & Vietnam)

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GOOD NEWS ACTUALLY, FINALLY CANCEL This Purchase.

TERMINATION OF AGREEMENTS IN RELATION TO ACQUISITION OF HOTEL PROPERTY IN OSAKA, JAPAN

https://links.sgx.com/FileOpen/ICP_Termination%20of%20JVA_8Jun2021.ashx?App=Announcement& FileID=670538

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[Penny Craze is Back in Singapore' s SGX: Legalized Casino is back]

Recent Award Winner goes to $CFM(5EB.SI) from 4.5 cents to 25 cents with NO End In Sight after 3 trade days. 3 White Soldiers.

Then there' s the $Metal Component(5DX.SI) one-day stunner 3.8 cents to 10.4 cents.

These are some shares Bro Greg is STUCK and Present to you similarities with usual pumps. BBs please lei, show some love here.

$ICP Ltd(5I4.SI)

Placement of 460 Million Shares at 0.85 to Private Equity in 2019.

HOTEL management company ICP has placed S$3.9 million worth of new shares representing a 14.78 per cent post-deal stake to private equity firm CMIA Capital Partners. The 460 million new ICP shares were priced at 0.85 Singapore cent apiece.

Can go look them up: https://cmia.com/

$OKH Global(S3N.SI)

NAV 0.067 CENTS. Many Logistics and Commercial Warehouses.

Come ICP n OKH, Greg teach you how to play, tomorrow u go announce Placement shares say we going into AI Startup for Property n Hotel Biz. We all HUAT together.

tankoksee ( Date: 04-Jun-2021 11:47) Posted:

buying some to keep...

tankoksee ( Date: 01-Jun-2021 14:50) Posted:

wonder this co will do a wok hey style of rh petrolgas...

making big shareholder loans convert to equity?

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[Penny Craze is Back in Singapore' s SGX: Legalized Casino is back]

Recent Award Winner goes to $CFM(5EB.SI) from 4.5 cents to 25 cents with NO End In Sight after 3 trade days. 3 White Soldiers.

Then there' s the $Metal Component(5DX.SI) one-day stunner 3.8 cents to 10.4 cents.

These are some shares Bro Greg is STUCK and Present to you similarities with usual pumps. BBs please lei, show some love here.

$ICP Ltd(5I4.SI)

Placement of 460 Million Shares at 0.85 to Private Equity in 2019.

HOTEL management company ICP has placed S$3.9 million worth of new shares representing a 14.78 per cent post-deal stake to private equity firm CMIA Capital Partners. The 460 million new ICP shares were priced at 0.85 Singapore cent apiece.

Can go look them up: https://cmia.com/

$OKH Global(S3N.SI)

NAV 0.067 CENTS. Many Logistics and Commercial Warehouses.

Come ICP n OKH, Greg teach you how to play, tomorrow u go announce Placement shares say we going into AI Startup for Property n Hotel Biz. We all HUAT together.

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This share also GOT Placement by BB a year ago. Sharing from a poster on INS. Placement 0.0085 with 460m. ICP BB. Can do ur job?

In Brief ICP hotel management of TRAVELODGE Asia Brand a hotel management and franchise company responsible for the development of hotels in Asia under the globally-recognised Travelodge brand.
We opened our first Travelodge in Asia in 2017, and today, we have 13 hotels and more than 2,200 rooms in nine cities, namely Singapore, Hong Kong, Seoul, Bangkok, Kuala Lumpur, Penang, Ipoh, Pattaya and Batam.
Mr Aw Cheok Huat, Chairman of Singapore-listed company ICP Ltd, also chairman of Singapore-listed DataPulse Limited.
In 13 Jan 2019, placement of 460m shares at $0.0085 to CMIA Premier Advantage I Limited. CMIA Premier Advantage I Limited is an investment vehicle managed by CMIA Capital Partners (&ldquo CMIA&rdquo ). CMIA is a private equity firm focused on control and growth capital investments in China and Southeast Asia. Established in 2003, CMIA has to-date led more than $1 billion in investments across various industries and sectors. CMIA is headquartered in Singapore, and has presence also in Hong Kong, Shanghai and Chongqing. For more information, please visit www.cmia.com.... CMIA is also the fund manager for Yi Ming China Fund I L.P. (&ldquo Fund&rdquo ). In November 2013, the Company made a US$1.0 million capital commitment in the Fund. As at the date of this announcement, the Company has invested approximately US$0.9 million (equivalent S$1.2 million).
Financial Analysis -
1st Half Revenue up 88% from $2.1m to $4.0m Net Profit postive at $0.17m compared to a loss of $1.3m.
Net Cash at Hand went up from $3.3m to $3.8m, Net Asset Value remain steady at $0.0113.
Technical Analysis-
ICP stock price has been trading in a tight range of $0.007 to $0.01 from 2015 to 2020. It seems to be in a long accumulation mode for such a long period of time and a breakout above $0.01 could be explosive. Key catalyst for ICP - Expansion of Travelodge Brand in Asia(3 upcoming hotel opening in 2020, 2021 in Thailand & Vietnam)

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BB 6.7 cents NAV, SG Govt backing, annouce some deal!

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NAV 6.7 BB can I recommend u to push this?

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HAHA this company need news to investor to char char. HAHA I think quite a number see all other pennies rally, but oceanus no love haha. Patience, investing not trading. meanwhile got spare cash can go play those casino pennies. made some kopi money there.

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Relax bro, I play reverse psychology, I sold 0.178 haha but sian now 0.187 HAHA. made some kopi lui $$$. forum must play risk psychology.

Blowyouoff ( Date: 06-Jun-2021 23:50) Posted:

Sing-swe owned by few china man

cansino is Chinese owned

sing-swe doesn' t have to be manufacturer, being a licensed distributor may be good enough

You try shorting in the morning and see how bad is the burnt..

gregtan123 ( Date: 05-Jun-2021 17:38) Posted:

$CFM(5EB.SI) Given the recent share price spike from 3 cents to 16.3 cents, I went to poke around. This Company for Real Not? They List this CanSino Biologics Vaccine as their Product lei. Note CanSino is one of the ONE shot Gamechanger Vaccine and got EU European Union Approval. Can INS guru fact check? Nowadays SGX let these people do what they want?

They also got a lot of Test Kits.

Are they for real?

AD5-nCOV, a single-dose viral vector vaccine for COVID-19 developed by CanSino Biologics.

65.7% efficacy in preventing moderate symptoms
91% efficacy in preventing severe disease
EU GMP Certificate
Single-Dose COVID-19 Vaccine approval from NMPA

https://www.singswe.com/products/vaccine/

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Bro do you think we can just short at the open tomorrow? I am not vested but tend to agree with you.

stockman20 ( Date: 06-Jun-2021 21:50) Posted:

whats go up fast will come down fast. at this stage, its too early. dyodd.