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Oceanus
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Oceanus major business model restructure
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mondaybluesy
Senior |
01-Jun-2021 15:11
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Thank you.  I am not sure that it is currently priced in that Oceanus will not exit the watchlist.  My take is that investors who are impatient or intolerable of the uncertainty over the watchlist exit has all sold.  Only the longist and true investors of Oceanus remain.  That' s why we have seen a drop in short interest as well, given that there are fewer and fewer sellers. While the exit of watchlist might not cause the share price to spike immediately, I wholly believe the successful exit will mark a new chapter for Oceanus for a few reasons:
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mondaybluesy
Senior |
01-Jun-2021 14:55
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I would agree. My own guesstimate is that the IPA (in-principal approval) should come within the first half of this month.  It is taking an awfully long time for the IPA.  The clarity from SGX would be much appreciated by investors of Oceanus. | ||||||||||||||||||||||||||||||||||
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surgiooo
Member |
01-Jun-2021 14:46
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OCEANUS FB  is an estimate only, my guess is AIP will come this month, then another month for the actual exit, which is near the Half year Result JUL/AUG. if the SP is keeping going up from now on, it is a sign that AIP will come soon.  
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lp2000
Elite |
01-Jun-2021 14:25
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The Oceanus facebook published a timeframe back in January. It was said there that approval would be expecting Q3 or Q4...  
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jimmysum
Member |
01-Jun-2021 14:06
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WoW! finally break the 0.038-0.039 zone!
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Jonng8888
Senior |
01-Jun-2021 13:59
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Oceanus no show lo. 13th mark watch list submission.  | ||||||||||||||||||||||||||||||||||
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lp2000
Elite |
01-Jun-2021 12:20
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@the break
 
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bobdog
Veteran |
01-Jun-2021 12:19
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Papaya, didn't you already join us in long long in the ocean...
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dontbeconned
Member |
01-Jun-2021 12:04
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in my previous post, I specifically mentioned that if oceanus share price will not spike even it exits  the watch list. I think I was  wrong. Based on the price movements, the retail investors had  built in the proabability that oceanus may not exit watch ldue to  unforseen circumstances. This had increased their risk appetite.  The very fact the retail investors steadfastedly hold on to the investors with the dear lives despite many attempts were made to rule their emotions. There were no panic  selling. Only very moderate. I think barring any unforseen cicumtssances and co financi al position  remains status quo , 4 pillars intact, , , once oceanus exit the watch list, the price will spike sharply . No reason for SGx to query also.  Because the risk profile of the retail investors had increased substantially.  | ||||||||||||||||||||||||||||||||||
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makdatok
Supreme |
01-Jun-2021 11:44
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41 is e bull breakout point.."They" re trying their best to suppress it | ||||||||||||||||||||||||||||||||||
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papayaface
Supreme |
01-Jun-2021 11:38
Yells: "This is the best time to enter....when everythings uncertain" |
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When is SGX approval to exit from watchlist expected? This month or next month? Good luck
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lp2000
Elite |
01-Jun-2021 10:47
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Agree. Strong walls now at 40/41 but 38/39 is building up too. If you aim long term it should not worry, but for contra may be risky to fall back for another few days before moves up.
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makdatok
Supreme |
01-Jun-2021 10:26
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I dont care ..shld keep going up DAILY!!..heh heh | ||||||||||||||||||||||||||||||||||
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lp2000
Elite |
01-Jun-2021 10:22
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is 40 the price ceo bought last time?
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papayaface
Supreme |
01-Jun-2021 10:09
Yells: "This is the best time to enter....when everythings uncertain" |
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Its looking like another bull trap. Be careful guys. Good luck      | ||||||||||||||||||||||||||||||||||
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bobby90
Senior |
01-Jun-2021 10:06
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so if 60M sell at 4.1cents how?? duno whats your intention of asking this though..support/resistance level can just go chart to see but you want to go the easy way out by asking..dyodd pls
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lp2000
Elite |
01-Jun-2021 10:04
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I think if it closes in the region of 40 today it is still a good day. Better 1-2 steps a day than just rocket up with no consolidation
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Inferno
Senior |
01-Jun-2021 09:54
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Slow and steady. Keeping head above 4 will be great. | ||||||||||||||||||||||||||||||||||
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Jonng8888
Senior |
01-Jun-2021 09:52
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If 45M buy at 4cents. Means 4cents is strong support?
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mondaybluesy
Senior |
01-Jun-2021 09:51
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I hope this is the start of a new wave up after months of consolidation.  Better yet, I hope this indicates that the exit from SGX watchlist approval is just round the corner. Fingers crossed!   |
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