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Latest Forum Topics / Oceanus    Last:0.002    -0.001  Post Reply
Oceanus major business model restructure
lp2000
Elite
28-Jul-2021 09:32     
 
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 Alert Admin 		Patience is very important for this stock or any stock, while we keep ready for action here most likely I expect it at the beginning of August...

mrwise      ( Date: 26-Jul-2021 20:45) Posted:

May the POWER of OCEANUS be revealed soon!!

 

Pepperino      ( Date: 26-Jul-2021 17:00) Posted:

Not sure about the date for exit, but earnings result will be released before or by 14 Au
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mrwise
Supreme
26-Jul-2021 20:45     
 
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 Alert Admin 		May the POWER of OCEANUS be revealed soon!!

 

Pepperino      ( Date: 26-Jul-2021 17:00) Posted:

Not sure about the date for exit, but earnings result will be released before or by 14 Aug

CheongArgh      ( Date: 26-Jul-2021 09:41) Posted:

Errrrr.....be careful what you said.....you very sure it' s 2-3 weeks ?????

What if it didn' t, it' s gonna cause a lot of panic.....
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Pepperino
Member
26-Jul-2021 17:00     
 
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 Alert Admin 		Not sure about the date for exit, but earnings result will be released before or by 14 Aug

CheongArgh      ( Date: 26-Jul-2021 09:41) Posted:

Errrrr.....be careful what you said.....you very sure it' s 2-3 weeks ?????

What if it didn' t, it' s gonna cause a lot of panic.....

Lutjanus      ( Date: 25-Jul-2021 11:45) Posted:

good morning guys.. regarding the exit and earnings result, just be patient. its another 2-3 weeks wait. we already waited for 3mths, whats another 2-3weeks, stay calm and ride on :D.. 


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Lutjanus
Member
26-Jul-2021 11:50     
 
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 Alert Admin 		me cause panic?! thanks for the compliment!! :D

if u believe in their story, growth continues, oceanus will break highs again.. 

if those who are punting, good luck. for those longist, lets hold hands and be patient

CheongArgh      ( Date: 26-Jul-2021 09:41) Posted:

Errrrr.....be careful what you said.....you very sure it' s 2-3 weeks ?????

What if it didn' t, it' s gonna cause a lot of panic.....

Lutjanus      ( Date: 25-Jul-2021 11:45) Posted:

good morning guys.. regarding the exit and earnings result, just be patient. its another 2-3 weeks wait. we already waited for 3mths, whats another 2-3weeks, stay calm and ride on :D.. 


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lp2000
Elite
26-Jul-2021 10:33     
 
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 Alert Admin 		volume moved higher again, and perhaps we have a chance to see 37 today
@1030
Last Done Price
0.036
 Volume
22,027,400
Change
-
 %Change
-
High
0.036
 Low
0.036
 
Bid Volume Bid Ask Ask Volume
2648600
0.036
0.037
12001900
19246100
0.035
0.038
22735800
9652500
0.034
0.039
14641100
6693100
0.033
0.040
21539000
2405000
0.032
0.041
7600100
2440600
0.031
0.042
8935500

 
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lp2000
Elite
26-Jul-2021 10:03     
 
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 Alert Admin 		@10am
Last Done Price
0.036
 Volume
8,264,600
Change
-
 %Change
-
High
0.036
 Low
0.036
 
Bid Volume Bid Ask Ask Volume
19696600
0.035
0.036
8227900
9652500
0.034
0.037
12330100
6823000
0.033
0.038
22195900
2405000
0.032
0.039
14641100
2440600
0.031
0.040
21539000
3041500
0.030
0.041
7220000
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CheongArgh
Master
26-Jul-2021 09:41     
 
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 Alert Admin 		Errrrr.....be careful what you said.....you very sure it' s 2-3 weeks ?????

What if it didn' t, it' s gonna cause a lot of panic.....

Lutjanus      ( Date: 25-Jul-2021 11:45) Posted:

good morning guys.. regarding the exit and earnings result, just be patient. its another 2-3 weeks wait. we already waited for 3mths, whats another 2-3weeks, stay calm and ride on :D.. 

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lp2000
Elite
26-Jul-2021 09:32     
 
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 Alert Admin 		It looks like accumulation at 36 is popular again today...and that brings oceanus back to the top 20 volumes in the morning.
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lp2000
Elite
26-Jul-2021 09:21     
 
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 Alert Admin 		Why would they do that? I do not see that is necessary for oceanus.

stockman20      ( Date: 25-Jul-2021 16:46) Posted:

Oceanus will issue profit guidance? 

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stockman20
Senior
25-Jul-2021 16:46     
 
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 Alert Admin 		Oceanus will issue profit guidance? 
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Lutjanus
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25-Jul-2021 11:45     
 
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 Alert Admin 		good morning guys.. regarding the exit and earnings result, just be patient. its another 2-3 weeks wait. we already waited for 3mths, whats another 2-3weeks, stay calm and ride on :D.. 
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DahliaRon
Member
24-Jul-2021 10:35     
 
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 Alert Admin 		Bro Greg, may I suggest that you write to ST Forum. Thanks.
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weekndr
Member
24-Jul-2021 09:50     
 
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 Alert Admin 		Some v valid and good pts raised by gregtan123 and  mondaybluesy.

Am surprised BT, FT and CNA have not picked this up.

YoungT      ( Date: 23-Jul-2021 18:29) Posted:

Thanks Greg, this is a well written email. I do think its shareholder' s responsbility to apply such pressure to SGX. 

gregtan123      ( Date: 22-Jul-2021 18:48) Posted:

ALL PLEASE HELP, copy the emails and my email message then pressure SGX the jokers

Emails: [email protected] [email protected] [email protected] [email protected], [email protected] [email protected] [email protected]
 
Regulatory: Listed Company [Is SGX sleeping on the job?]
 
To the Relevant Authorities and Media,
 
Singapore along with SGX/MAS prides itself in being a 1st World Financial Hub with Efficiency and Fairness at the Bedrock of whatever we do. Yet, it has come to the attention of minority investors in companies listed on SGX that SGX is being very inefficient and handling matters in a rather opaque manner.
 
1. Oceanus Exit Watchlist Application
 
It is exactly 100 Days since Oceanus made the Watchlist Application on 13th April. Yet there has been ZERO sound from SGX whether Approval or Rejection. There&rsquo s also no Timeline or Explanation given. We are not sure what&rsquo s the hold up because the criteria is very clear and whether a Company meets it or not, is also very clear.
 
I quote a fellow minority investor: "   It is very disappointing to have SGX take such a long time to review the watchlist application, when the criteria they have set is clear on their website.  As far as Oceanus and its auditors can confirm, they have met those said criteria (see:  http://rulebook.sgx.com/rulebook/1314...  & Practice Note 3.1:  http://rulebook.sgx.com/rulebook/practice-note-132-watch-list...).  Also, there are currently no other exit application submitted for review, so there is no excuse for an administration overload.
 
What this points to is inability by SGX to make important decisions.  It is likely SGX is cautious to make the announcement, taking a " wait and see" approach till after Oceanus' s H1 2021 results.  But let' s be clear.  While I expect a great H1 2021 earnings, those results are  not  part of the exit criteria that SGX has set.  Read the above sources again.&rdquo
 
It is very clear: Does Oceanus meet the Exit Criteria? SGX has to decide, it has been 100 days. Are we supposed to wait another 10,000 Days because SGX is too inefficient?
 
Doesn&rsquo t MAS also regulate the Regulator (SGX)? Isn&rsquo t the Ministry of Finance looking  into the way SGX functions?
 
2.  Medtecs Mainboard Application
 
I  didn&rsquo t follow this but I am sure as well it&rsquo s  been more than 100 Days.
 
3. Quick  Approval of  &ldquo Shady&rdquo Companies ASPEN and FJ Benjamin
Yet, SGX has  chosen to Give Approval to  &ldquo shady&rdquo companies like Aspen Group (their upgrade to Mainboard was approved very quickly, using that news certain people pumped the share before releasing fake news to crash the shares). The same exit watchlist by FJ Benjamin  was approved  quickly.
 
May we as minority shareholders and retail  participants of the market know why the DOUBLE Standards? For credible Singapore-led company like Oceanus, there is a 100-Day Delay whilst  &ldquo shady&rdquo Malaysian companies like Aspen gets their approval quickly. Surely, there must be an objective standard or timeframe?
Failing which, would Minority Investors issuing a Letter of Demand to SGX push SGX along to make their decisions?
 
It is frustrating that SGX  wields ALL the power but is not transparent or efficient in their job.
 
I have included all the relevant ministries, parties that can help  Singapore  achieve it&rsquo s 1st World Financial Hub Status. SGX needs to start being more  transparent and efficient.
 
Greg
Shareholder of the above listed companies, market participant
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YoungT
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23-Jul-2021 18:29     
 
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 Alert Admin 		Thanks Greg, this is a well written email. I do think its shareholder' s responsbility to apply such pressure to SGX. 

gregtan123      ( Date: 22-Jul-2021 18:48) Posted:

ALL PLEASE HELP, copy the emails and my email message then pressure SGX the jokers

Emails: [email protected] [email protected] [email protected] [email protected], [email protected] [email protected] [email protected]
 
Regulatory: Listed Company [Is SGX sleeping on the job?]
 
To the Relevant Authorities and Media,
 
Singapore along with SGX/MAS prides itself in being a 1st World Financial Hub with Efficiency and Fairness at the Bedrock of whatever we do. Yet, it has come to the attention of minority investors in companies listed on SGX that SGX is being very inefficient and handling matters in a rather opaque manner.
 
1. Oceanus Exit Watchlist Application
 
It is exactly 100 Days since Oceanus made the Watchlist Application on 13th April. Yet there has been ZERO sound from SGX whether Approval or Rejection. There&rsquo s also no Timeline or Explanation given. We are not sure what&rsquo s the hold up because the criteria is very clear and whether a Company meets it or not, is also very clear.
 
I quote a fellow minority investor: "   It is very disappointing to have SGX take such a long time to review the watchlist application, when the criteria they have set is clear on their website.  As far as Oceanus and its auditors can confirm, they have met those said criteria (see:  http://rulebook.sgx.com/rulebook/1314...  & Practice Note 3.1:  http://rulebook.sgx.com/rulebook/practice-note-132-watch-list...).  Also, there are currently no other exit application submitted for review, so there is no excuse for an administration overload.
 
What this points to is inability by SGX to make important decisions.  It is likely SGX is cautious to make the announcement, taking a " wait and see" approach till after Oceanus' s H1 2021 results.  But let' s be clear.  While I expect a great H1 2021 earnings, those results are  not  part of the exit criteria that SGX has set.  Read the above sources again.&rdquo
 
It is very clear: Does Oceanus meet the Exit Criteria? SGX has to decide, it has been 100 days. Are we supposed to wait another 10,000 Days because SGX is too inefficient?
 
Doesn&rsquo t MAS also regulate the Regulator (SGX)? Isn&rsquo t the Ministry of Finance looking  into the way SGX functions?
 
2.  Medtecs Mainboard Application
 
I  didn&rsquo t follow this but I am sure as well it&rsquo s  been more than 100 Days.
 
3. Quick  Approval of  &ldquo Shady&rdquo Companies ASPEN and FJ Benjamin
Yet, SGX has  chosen to Give Approval to  &ldquo shady&rdquo companies like Aspen Group (their upgrade to Mainboard was approved very quickly, using that news certain people pumped the share before releasing fake news to crash the shares). The same exit watchlist by FJ Benjamin  was approved  quickly.
 
May we as minority shareholders and retail  participants of the market know why the DOUBLE Standards? For credible Singapore-led company like Oceanus, there is a 100-Day Delay whilst  &ldquo shady&rdquo Malaysian companies like Aspen gets their approval quickly. Surely, there must be an objective standard or timeframe?
Failing which, would Minority Investors issuing a Letter of Demand to SGX push SGX along to make their decisions?
 
It is frustrating that SGX  wields ALL the power but is not transparent or efficient in their job.
 
I have included all the relevant ministries, parties that can help  Singapore  achieve it&rsquo s 1st World Financial Hub Status. SGX needs to start being more  transparent and efficient.
 
Greg
Shareholder of the above listed companies, market participant


mondaybluesy      ( Date: 22-Jul-2021 18:06) Posted:

Yes, my exact sentiments.  It is very disappointing to have SGX take such a long time to review the watchlist application, when the criteria they have set is clear on their website.  As far as Oceanus and its auditors can confirm, they have met those said criteria (see: http://rulebook.sgx.com/rulebook/1314 & Practice Note 3.1: http://rulebook.sgx.com/rulebook/practice-note-132-watch-list).  Also, there are currently no other exit application submitted for review, so there is no excuse for an administration overload.

What this points to is inability by SGX to make important decisions.  It is likely SGX is cautious to make the announcement, taking a " wait and see" approach till after Oceanus' s H1 2021 results.  But let' s be clear.  While I expect a great H1 2021 earnings, those results are  not  part of the exit criteria that SGX has set.  Read the above sources again.

I would encourage all concerned shareholders of Oceanus to write in to SGX to raise your queries, as Greg suggested previously.  The tardiness of SGX does little to boost investor confidence in our local financial market
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h3llfire
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23-Jul-2021 17:56     
 
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 Alert Admin 		So are you saying what they do is a correct way of doing thing for Singapore standard that wish to go global? If not why shouldn't voice out? No one will know their mistake unless they are been told. Unless the aim is to let it continue and rot

mondaybluesy      ( Date: 23-Jul-2021 10:22) Posted:



Thank you Revolvingdoors and bros for your thoughts.  I appreciate it as it gave me cause to ponder and reflect.

To be honest, I too struggle with the delicate balance between giving SGX &ldquo sufficient time and space for their review&rdquo as a reasonable person, and expressing my concerns as an investor.  One of SGX' s values is after all, to &ldquo listen to our stakeholders and anticipate their needs.&rdquo (https://www.sgx.com/about-us).  When would a sufficient amount of time be allowed before a stakeholder appropriately inquires about the process?  I honestly don&rsquo t know.

Nonetheless, I agree that there is little we can do but wait patiently.  Yes, it&rsquo s been 3 over months, more than an entire business quarter, and it is likely now that the H1 2021 results will be released prior to the results of the watchlist exit application.

While I anticipate the exit application results, I am perhaps more excited for Oceanus&rsquo s H1 2021 earnings result.  Because it would mean us long investors are on the right track, and our due diligence and faith in the management continues to pay off.

ringo88      ( Date: 23-Jul-2021 09:42) Posted:

And we are getting so close already.

Why rock the boat with emails like that since most here would have been holding for a while already.

Why not just hold on quietly and let the price move accordingly?

I remember one bro here said already hold for 4-5 months, what's waiting for a little while more?


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ckmpd1
Supreme
23-Jul-2021 15:50     
 
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 Alert Admin 		Result of watchlist exit application  is likely to be announced at the end of 3Q or early 4Q

mondaybluesy      ( Date: 23-Jul-2021 10:22) Posted:



Thank you Revolvingdoors and bros for your thoughts.  I appreciate it as it gave me cause to ponder and reflect.

To be honest, I too struggle with the delicate balance between giving SGX &ldquo sufficient time and space for their review&rdquo as a reasonable person, and expressing my concerns as an investor.  One of SGX' s values is after all, to &ldquo listen to our stakeholders and anticipate their needs.&rdquo (https://www.sgx.com/about-us).  When would a sufficient amount of time be allowed before a stakeholder appropriately inquires about the process?  I honestly don&rsquo t know.

Nonetheless, I agree that there is little we can do but wait patiently.  Yes, it&rsquo s been 3 over months, more than an entire business quarter, and it is likely now that the H1 2021 results will be released prior to the results of the watchlist exit application.

While I anticipate the exit application results, I am perhaps more excited for Oceanus&rsquo s H1 2021 earnings result.  Because it would mean us long investors are on the right track, and our due diligence and faith in the management continues to pay off.

ringo88      ( Date: 23-Jul-2021 09:42) Posted:

And we are getting so close already.

Why rock the boat with emails like that since most here would have been holding for a while already.

Why not just hold on quietly and let the price move accordingly?

I remember one bro here said already hold for 4-5 months, what's waiting for a little while more?


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ckmpd1
Supreme
23-Jul-2021 15:39     
 
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 Alert Admin 		There are some forumners here who try to talk up or talk down Oceanus.  Those of us who invest based on fundamentals should ignore such noises.

ckmpd1      ( Date: 23-Jul-2021 15:32) Posted:

Most of us are long term investors and see value in Oceanus.  I have been accumulating Oceanus since it was 2c in nov 2020.  I am unfazed by the price fluctuations but hold on to it for the longer term, trusting the singapore govt is for sustainabilty and food security.  The beliefs and values of Oceanus are right and with the govt on its side, it is likely to soar when the time comes.  So i urge all not to be bothered by the daily fluctuations but to focus on the longer term as long as you share Oceanus beliefs

mondaybluesy      ( Date: 23-Jul-2021 10:22) Posted:



Thank you Revolvingdoors and bros for your thoughts.  I appreciate it as it gave me cause to ponder and reflect.

To be honest, I too struggle with the delicate balance between giving SGX &ldquo sufficient time and space for their review&rdquo as a reasonable person, and expressing my concerns as an investor.  One of SGX' s values is after all, to &ldquo listen to our stakeholders and anticipate their needs.&rdquo (https://www.sgx.com/about-us).  When would a sufficient amount of time be allowed before a stakeholder appropriately inquires about the process?  I honestly don&rsquo t know.

Nonetheless, I agree that there is little we can do but wait patiently.  Yes, it&rsquo s been 3 over months, more than an entire business quarter, and it is likely now that the H1 2021 results will be released prior to the results of the watchlist exit application.

While I anticipate the exit application results, I am perhaps more excited for Oceanus&rsquo s H1 2021 earnings result.  Because it would mean us long investors are on the right track, and our due diligence and faith in the management continues to pay off.


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ckmpd1
Supreme
23-Jul-2021 15:32     
 
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 Alert Admin 		Most of us are long term investors and see value in Oceanus.  I have been accumulating Oceanus since it was 2c in nov 2020.  I am unfazed by the price fluctuations but hold on to it for the longer term, trusting the singapore govt is for sustainabilty and food security.  The beliefs and values of Oceanus are right and with the govt on its side, it is likely to soar when the time comes.  So i urge all not to be bothered by the daily fluctuations but to focus on the longer term as long as you share Oceanus beliefs

mondaybluesy      ( Date: 23-Jul-2021 10:22) Posted:



Thank you Revolvingdoors and bros for your thoughts.  I appreciate it as it gave me cause to ponder and reflect.

To be honest, I too struggle with the delicate balance between giving SGX &ldquo sufficient time and space for their review&rdquo as a reasonable person, and expressing my concerns as an investor.  One of SGX' s values is after all, to &ldquo listen to our stakeholders and anticipate their needs.&rdquo (https://www.sgx.com/about-us).  When would a sufficient amount of time be allowed before a stakeholder appropriately inquires about the process?  I honestly don&rsquo t know.

Nonetheless, I agree that there is little we can do but wait patiently.  Yes, it&rsquo s been 3 over months, more than an entire business quarter, and it is likely now that the H1 2021 results will be released prior to the results of the watchlist exit application.

While I anticipate the exit application results, I am perhaps more excited for Oceanus&rsquo s H1 2021 earnings result.  Because it would mean us long investors are on the right track, and our due diligence and faith in the management continues to pay off.

ringo88      ( Date: 23-Jul-2021 09:42) Posted:

And we are getting so close already.

Why rock the boat with emails like that since most here would have been holding for a while already.

Why not just hold on quietly and let the price move accordingly?

I remember one bro here said already hold for 4-5 months, what's waiting for a little while more?


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lp2000
Elite
23-Jul-2021 15:23     
 
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 Alert Admin 		Slow day today, but could be the calm before the storm...

Prty382c      ( Date: 23-Jul-2021 15:00) Posted:

Ya. Less than one month. Result for earning.

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Prty382c
Member
23-Jul-2021 15:00     
 
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 Alert Admin 		Ya. Less than one month. Result for earning.
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