Latest Forum Topics /
Oceanus
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Oceanus major business model restructure
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gregtan123
Supreme |
03-Feb-2021 13:12
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thanks bro. this reporter lazy la, this UP is not cause of reddit la also. ALOT of shorts today sigh. Shall we coordinate a 3.35PM attack folks? give them some windoww to cover. i can buy 1 million if 29 others join. we whack them hard.
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DexterT
Veteran |
03-Feb-2021 13:08
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Relax bro. Just asking and putting up there, if it goes up, it goes up. If it goes down, it goes down.
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gregtan123
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03-Feb-2021 13:08
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can quote full piece here, there' s a pay wall
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brchkho1
Master |
03-Feb-2021 13:06
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This is like asking question on GME when it reached 481.99.... " Will it go to 490?"  
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DexterT
Veteran |
03-Feb-2021 13:05
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Hot stock: Oceanus hits record high of 6.9 S cents amid Reddit speculation
SHARES of Oceanus Group briefly reached 6.9 Singapore cents on Wednesday, the highest level they have traded at since 2012. As at 9.02am, the watchlisted seafood supplier was trading 0.2 Singapore cent or 3 per cent higher after some four million shares changed hands. The share price then eased slightly to an intraday low of 6.5 cents at 10.16am, before rising back up to trade flat at 6.6 cents as at 11.32am. No married deals were recorded in early trade, according to ShareInvestor. An online Reddit post submitted on Jan 31, 2021 highlighted Oceanus as a "great growth potential stock" for its increasing profits, large market share and its pending application to exit the Singapore Exchange (SGX) watchlist this coming April. It also suggested a positive outlook for the group's Q4 FY2020 results, which are due to be released sometime in February 2021. The post has since generated a 35-comment discussion as at 11.41am on Wednesday. The shares have been steadily climbing since the group was last queried by SGX for "unusual price and volume movements" on Jan 21 after it achieved a then-record of 5.3 cents. In its response, Oceanus cited an unnamed stockbroking firm's internal non-rated report issued on Jan 20 as a possible reason, which according to The Business Times could have referred to a report issued by UOB Kay Hian. Aside from a "strong turnaround" that Oceanus had undergone since chief executive Peter Koh took over in December 2014, the report opined that the recent setting up of Season Global, the group's distribution business, would enable Oceanus to "penetrate China and deliver exponential growth". The group's expansion into high-tech farming would help it build regional presence, it added.
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mondaybluesy
Senior |
03-Feb-2021 13:02
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Awesome!  Can post full article for non-subscribers like me?  Thank you thank you.
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gregtan123
Supreme |
03-Feb-2021 13:01
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hwo about medtecs bro. SGX no value or pe trading bro
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DexterT
Veteran |
03-Feb-2021 12:34
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Business Times just quoted my post on Reddit. Do we have potential to hit $0.07 today?
https://www.businesstimes.com.sg/companies-markets/hot-stock-oceanus-hits-record-high-of-69-s-cents-amid-reddit-speculation |
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DexterT
Veteran |
03-Feb-2021 12:30
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If you are talking about P/E in year 2000, that is understandable. Nowadays, investors do not look at P/E. Tesla is an example. Quantum Scape is also another. We invest because we know the coming has potential to rise further. Their increasing profits has proven it. They are applying out of SGX watchlist has proven it. They do not have debt since 2017 has proven it. Former Minister Yaccob joined Oceanus last year Sept 2020 has proven it. I wonder what else is there to prove. Maybe Q4 results will prove it? Idk. Its your call. We Oceaners are here for long! Even if BB tries to short this, they will eventually lose. Also, those shorted this morning will have to buy back today eventually if they are not using CFD. Might even jump to $0.067 - $0.068. Who knows?
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mondaybluesy
Senior |
03-Feb-2021 12:27
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I would agree with you if this is an analysis for a mature company.  But Oceanus is at a growth / turnaround phase, pivoting as a pioneer of food technology.  PE ratio becomes a lot less relevant.  This is also why we see many BBs still buying in at this price (and PE ratio).  They have teams of analysts deliberating their investments, and are still buying for they see future growth.
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nqing87
Supreme |
03-Feb-2021 12:27
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Yea and thats why tesla is over value.. but anyway not up to us to decide what price it will go.. Gamestock also can chiong up even though fundamentals do not warrant it.. all depends on what market thinks..
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bicboi
Veteran |
03-Feb-2021 12:04
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Using P/E ratio in year 2021!!!!
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Whistler
Member |
03-Feb-2021 11:56
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HAH! TSLA' s current P/E ratio justifies prevailing stock price? 
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nqing87
Supreme |
03-Feb-2021 11:39
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At the current price, they will need their earnings to jump 60folds vs last quarter results, in order to bring down the p/e ratio to decent level to justify the price.. let's see the profit trend for next few quarters
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mondaybluesy
Senior |
03-Feb-2021 11:16
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Those who were here more than 3 months ago, knows that a huge run up usually preceded the release of great quarterly results.   Shortists are really playing with fire, given how close we are to the release of Q4 2020 results.   Time is not on their side. The price rise is not based on hype, but there are solid fundamentals behind it.   A good Q4 result will mean Oceanus getting out of SGX watchlist.   This will invite a lot more interest from BBs who couldn' t buy previously.   I am still holding on to my long position! |
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SureStrike
Veteran |
03-Feb-2021 11:15
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Yup! You are righ. This counter is Loooong to enjoy. Sure strike one! Haha!
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bornloser
Senior |
03-Feb-2021 11:14
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Where is my Yakult? Good foresight and execution plan for future growth.
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3DecadesTrader
Veteran |
03-Feb-2021 11:12
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got Yakult also must LOONG (is a hokkien word) mah!   lolllllll
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SureStrike
Veteran |
03-Feb-2021 11:10
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Very good news! More Yakult please. Good luck to all Oceaners. Huat ah! Cheer. | ||||
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bornloser
Senior |
03-Feb-2021 11:10
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Good 5 years and 10 years plan.
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