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Oceanus
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Oceanus major business model restructure
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BrotherHuat
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17-Mar-2017 07:25
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Shares bought on last Fri is due for payment. When price is block to go higher then shares can be collected cheap when weak buyers throw their shares.
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ysh2006
Supreme |
17-Mar-2017 07:23
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Need to wait for the confirmation from China govt compensation package usually take six months' time like HTL case...but very fruitful if finally come...easily 3-4 c share price by then....
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happyharvest
Elite |
16-Mar-2017 23:33
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Why would BB block the price from breaking 0.013? To increase short sellers to kill them fast later?
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BrotherHuat
Member |
16-Mar-2017 22:14
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Looks like BBs still collecting. Abalone should fly after it break 0.013 which is blocked by BBs. Today' s sell down should be from contra players bought on Friday but over stayed the party and didn' t unload at 0.012 & 0.013 Today forced to let go at 0.011 The Buy and Sell Q looks OK at market closed.
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blackiewong
Senior |
16-Mar-2017 18:44
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Today SOLD already.....
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happyharvest
Elite |
16-Mar-2017 18:16
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Abalone too shy! In the news liao cannot fly. | ||||
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Phantom1984
Member |
16-Mar-2017 15:24
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http://www.straitstimes.com/business/debt-restructuring-plan-gets-oceanus-off-the-hook
The direction is right, could consider gamble on this management team. If you guys believe in what he said, maybe it is really a good time to vest in. Guess if peter could persuade them (3 main creditor) to give oceanus a chance to survival. I believe that he could bring this company to another level. My 2 cent thought.... don hamtum me hor haha |
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OXDEVIL
Member |
16-Mar-2017 15:03
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counting the chickens before the eggs hatch. oceanus has not much product to sell and 2017 continues to burn cash. without real tangible net profit, expenses will continue to burn black holes..Business should be based on real tangible sales and not on goodnewsannoucements alone. Dr.Ng n CFO quited just before this landclaimwindfalll annoucement.. they knew somethign that the SB (small or sucker boys as opposed to BBs ) would never know. |
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Sharksaurs
Senior |
16-Mar-2017 10:23
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Looks like the buying Never Stop, at 0.012 seem like can try. Coming soon to break the wall of 13 and clear up all the way. However, it might pull back too, we never know as the lowest point was 0.005 then and spike up till now. Perhaps, Bbs want to do a quick stance again ?? hahaha.
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ysh2006
Supreme |
16-Mar-2017 07:31
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Wait for the money from China come first...money not in bank yet usully six mths to complete...
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BrotherHuat
Member |
16-Mar-2017 06:39
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Can feel the Eastern Wind blowing again!!!
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Bear-Vs-Bull
Member |
15-Mar-2017 17:44
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Cheooooooong aghhh !!!! 
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Sharksaurs
Senior |
15-Mar-2017 15:32
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looks like something brewing, buying have been very strong for the past week and no sign of stopping yet. rather interesting counter. maybe its accumulation in the process. if this is so, with the net profits after settle their debts and relocation of the " farms-land" , this look solid for now. buy at own risk, DYODD. hahaha. 
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OXDEVIL
Member |
15-Mar-2017 12:14
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Aside from the land claim windfall ( not the result of management' s performance ), oceanus still has no foreseeable profit in the coming months ( even years ) as revenue still below expenses. ask the management to give a sales forecast for the year 2017 and you should see maximum sales of RMB$19millions - longway to break-even. Financial cowboys need to become magicians again pulling rabbits out of this empty hat - round 2. |
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jxjxwin
Member |
15-Mar-2017 09:29
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yeh seeing some spike 1st time seeing 17.5kk Q to buy at 0.011 and 2.7kk Q to sell at 0.012 usually the other way round..by those stu p i.. people any way good to have more movement but not selling down |
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happyharvest
Elite |
15-Mar-2017 09:27
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Loving abalone when it flies. Go soar like an eagle | ||||
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NoMoney
Master |
15-Mar-2017 09:04
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spike coming soon
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NoMoney
Master |
14-Mar-2017 01:31
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Just wait for mid March to end maech. Anyway tomorrow there will be fed meeting | ||||
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ysh2006
Supreme |
13-Mar-2017 23:18
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When the China govt land compensation kick in ?...
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BrotherHuat
Member |
13-Mar-2017 21:28
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Profit taking by BBs after a 30% price surge from 0.009 to 0.013 - should be forming base at 0.01 for the next round. The question is when will the Eastern Wind blow again??? Continue after a short breather or have to wait longer???
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