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ysh2006 Supreme	17-Jun-2021 17:03        ysh2006 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Hi Greg we may be able to eat ablone  at restaurant again in Auguest after National day?...Thanks
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gregtan123 Supreme	17-Jun-2021 15:22        gregtan123 About Contact  Quote this Post!
x 0   x 0  Alert Admin	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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ReitsReader Member	17-Jun-2021 15:05        ReitsReader About Contact  Quote this Post!
x 0   x 0  Alert Admin	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 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..
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Redstar8730 Master	17-Jun-2021 10:36        Redstar8730 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Multibagger in the making! Let' s Huat together with this growing OCEANus, going to grow bigger & bigger like the pacific ocean..
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lp2000 Elite	17-Jun-2021 10:27        lp2000 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Thank you, Greg! good update! 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 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..
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Redstar8730 Master	17-Jun-2021 10:18        Redstar8730 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Looking good!!
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mondaybluesy Senior	16-Jun-2021 15:28        mondaybluesy About Contact  Quote this Post!
x 0   x 0  Alert Admin	Oh wow, thanks for this Greg. A2 is new information for me. Great to know that Oceanus' s indoor prawn farming site has largely been completed. That' s great news!! In addition, " 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" . What that means is we will see the numbers of how much a full running prawn farming site can add to Oceanus' s bottomline in H2 2021 figures. This will let us make a meaningful prediction for the earnings potential over the next few years as they focus to create multiple farming sites globally. 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 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..
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ckmpd1 Supreme	16-Jun-2021 15:27        ckmpd1 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Thanks, gregtan123.  Much appreciated 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 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..
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gregtan123 Supreme	16-Jun-2021 15:16        gregtan123 About Contact  Quote this Post!
x 0   x 0  Alert Admin	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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mondaybluesy Senior	16-Jun-2021 13:47        mondaybluesy About Contact  Quote this Post!
x 0   x 0  Alert Admin	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.  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.
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Lightyear Veteran	16-Jun-2021 13:41        Lightyear About Contact  Quote this Post!
x 0   x 0  Alert Admin	https://www.profitableventure.com/income-shrimp-farms-make-margin/ Profit margin of prawn is as high as 43% Like that also say low margin Did you even read or read up ?
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CheongArgh Master	16-Jun-2021 13:38        CheongArgh About Contact  Quote this Post! Style: Flexible   Mood:
x 0   x 0  Alert Admin	Well.....errr.....pluck from the sky to suit his arguments or his gut feel again.....as usual..... Lightyear      ( Date: 16-Jun-2021 13:35) Posted: The margin for prawns is actually very high .. Why do you say they have a lack of cash. 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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Lightyear Veteran	16-Jun-2021 13:38        Lightyear About Contact  Quote this Post!
x 0   x 0  Alert Admin	Based on this they cash is 18million https://simplywall.st/stocks/sg/food-beverage-tobacco/sgx-579/oceanus-group-shares/news/is-oceanus-group-sgx579-a-risky-investment
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Lightyear Veteran	16-Jun-2021 13:35        Lightyear About Contact  Quote this Post!
x 0   x 0  Alert Admin	The margin for prawns is actually very high .. Why do you say they have a lack of cash. 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. mondaybluesy      ( Date: 16-Jun-2021 11:11) Posted: Here you go: https://www.investingnote.com/posts/2268711 You can follow me on InvestingNote and turn on notifications as well.  That way, you can be updated when I share my insights.  Also, you could check out my older posts too which I am sure you will find gainful to glean a thing or two.
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gregtan123 Supreme	16-Jun-2021 13:34        gregtan123 About Contact  Quote this Post!
x 0   x 0  Alert Admin	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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ckmpd1 Supreme	16-Jun-2021 12:31        ckmpd1 About Contact  Quote this Post!
x 0   x 0  Alert Admin	well said, modaybluesy.  Investing is both an art and a science.  Every investor has to do his due diligence and decide whether to buy, hold or sell.  Let us stick to our own analysis.  For me now, I am into Oceanus for the long term 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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Hellvish Senior	16-Jun-2021 12:29        Hellvish About Contact  Quote this Post!
x 0   x 0  Alert Admin	As mentioned by the CEO, cleaning phase was done and i think they have done what they have promise.Now, they focusing on thier 4 pillars, let them do their best amd we shall reap it together 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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mondaybluesy Senior	16-Jun-2021 12:25        mondaybluesy About Contact  Quote this Post!
x 0   x 0  Alert Admin	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. mondaybluesy      ( Date: 16-Jun-2021 11:11) Posted: Here you go: https://www.investingnote.com/posts/2268711 You can follow me on InvestingNote and turn on notifications as well.  That way, you can be updated when I share my insights.  Also, you could check out my older posts too which I am sure you will find gainful to glean a thing or two.
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AlaFun Member	16-Jun-2021 11:43        AlaFun About Contact  Quote this Post!
x 0   x 0  Alert Admin	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. mondaybluesy      ( Date: 16-Jun-2021 11:11) Posted: Here you go: https://www.investingnote.com/posts/2268711 You can follow me on InvestingNote and turn on notifications as well.  That way, you can be updated when I share my insights.  Also, you could check out my older posts too which I am sure you will find gainful to glean a thing or two. AlaFun      ( Date: 16-Jun-2021 11:07) Posted: You see, I talk about my views, my analysis and concrete thought on what the company tells.  You talk about patience and what they said, never go deeper into the company' s business. Perhaps you don' t understand well enough about their business, just cross figures and wait patiently for their story to come true. Buyers' bias.
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ckmpd1 Supreme	16-Jun-2021 11:22        ckmpd1 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Useful insights mondaybluesy      ( Date: 16-Jun-2021 11:11) Posted: Here you go: https://www.investingnote.com/posts/2268711 You can follow me on InvestingNote and turn on notifications as well.  That way, you can be updated when I share my insights.  Also, you could check out my older posts too which I am sure you will find gainful to glean a thing or two. AlaFun      ( Date: 16-Jun-2021 11:07) Posted: You see, I talk about my views, my analysis and concrete thought on what the company tells.  You talk about patience and what they said, never go deeper into the company' s business. Perhaps you don' t understand well enough about their business, just cross figures and wait patiently for their story to come true. Buyers' bias.
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