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Oceanus
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OCEANUS (No.1 in abalone farming): Venturing into
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Demostation
Supreme |
30-Dec-2015 15:23
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Oceanus do breeding of abalones, and I heard they are doing " selective" breeding, how far is it true who knows yah.
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Dyna__
Senior |
30-Dec-2015 15:13
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I am taking about canned type. Can ones got wild caught and farmed raised ones. I don' t think Oceanus is marketing wild caught canned abalone.
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Demostation
Supreme |
30-Dec-2015 15:04
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Oceanus got the canned types already.   Just I don' t know the brand, and where they are being sold.   Guess at most popular supermarts.   Marketing staff need to muck up, because abalones are delicacies as well as healthy food.  
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Dyna__
Senior |
30-Dec-2015 14:58
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I don' t know what u guys think but whenever I buy abalone for CNY, I go for the wild abalone and not the farmed type. Can be wild Australian abalone or wild New Zealand Paua abalone. Good times buy Calmex. I won' t buy farmed one. |
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lglg666
Supreme |
30-Dec-2015 14:51
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Have to wait for CNY rally for this one, why? Soon we can see all sorts of abalone on sales in the supermarkets and petrol stns, to remind us that CNY is near. Still in coma, Crap!! | ||||
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OXDEVIL
Member |
12-Dec-2015 18:33
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pity that their abalone stock is so low to show any meaningful sales figure.. this counter is on life support waiting for the land claim compensation fr china governement before the BBs pull the plug out. |
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lglg666
Supreme |
10-Dec-2015 12:32
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Soon....it's again the abalone gift set time. Can see that all over the petrol stns, super markets and in malls in time for CNY. | ||||
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OXDEVIL
Member |
26-Nov-2015 19:41
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btw BBs probably hoping n praying for a generous windfall from china government in term of the land compensation - china reclaimed the land for industrialization n traditionally they should get a lump sum generous compensation in the RMB$$$$mio - probably this is the main reason that keeps the BBs hanging in there until today. annoucement to come at the right time to boost the price before the final sayonara. |
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OXDEVIL
Member |
26-Nov-2015 19:27
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Too much accumulated losses+debt - both in the hundreds of $mios. she desperately needs to find deep deep deep pocket white knights in the next 3 months. they do not have much abalones to can or sell, what they have in stock could not even pay for 1 month of expenses. do not forget all those very well-paid high salaried CEO CFO COO EXECUTIVE CHAIRMAN NON EXECUTIVE VICE CHAIRMAN DIRECTORS...all to manage very few $ of abalone stocks. probably d most top heavy abalone farm management in the whole world. if she cannot write off all the losses and loans and debts to start over afresh, the chance of turn-around is 0.5%. picture a comatose patient without income having to pay $mio hospital bills and bank interests. BBs must have big balls to throw the dice on her. |
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beidou
Member |
25-Nov-2015 19:29
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Too risky to put money in this company. Too many problems.  |
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lglg666
Supreme |
25-Nov-2015 14:14
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Hope things will turn around for the better esp we are coming towards the CNY period in a couple of months' time. Time for good food for everyone...:) | ||||
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Demostation
Supreme |
25-Nov-2015 14:09
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No eating up.   Prices are down " temporarily" owing to much " bad fengshui" for the company in the past few years. The company seems to be trying to make amends, and putting on their thinking caps as shown recently how they thought out a plan to sell their   " low profile" abalones, and also to do canning. If marketing the canning is successful, then I believe they could be on the road to recovery for this will bring in the bacon, lol. I am calculating how to enter and how much to put aside but just want to wait for one piece of good news before making the decision.
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lglg666
Supreme |
25-Nov-2015 14:00
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Well said....hope these BB will take up your opinion. Think this is the best time to eat up the company on the cheap for them.
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OXDEVIL
Member |
24-Nov-2015 17:07
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with $mio already lost and gone, one of few options for these trapped BBs who had to roll their reluctant loans over and over and over and over ( $ investment rolling into monster $$$$$$$$ loan ) is to buy back the company on the cheap and then get creative talents to repackage the loan/debt/loss and go for a new round of wallstreetwolfroadshow - there is no lack of punter who will buy into any dream, however nightmarish. Is this counter still on the mainboard of SGX ? What would SGX think about this counter being on the exchange, not many stock exchanges in the world would welcome such listing. |
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Demostation
Supreme |
24-Nov-2015 12:15
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We players always do the wrong thing at the right time.   The year end is drawing new and festive seasons around the corner.   Oceanus canned abalones are just beginning to be ordered by shops, grocery stores and supermarkets. The share price is the lowest one have seen for the company, and it is not the right time to do the wrong thing. BBs are doing the right thing at the right time, collecting the cheap shares.   Don' t let them collect too many as it will affect future price from climbing higher than one might expect,   Hahaha.. Lol. |
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lglg666
Supreme |
24-Nov-2015 00:52
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Yes, good point...they need a heavy weight magician or a team of creative accountants soon to keep the show on.
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OXDEVIL
Member |
24-Nov-2015 00:42
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Looking at their stated very small inventory of farmed abalones, wonder how the management can avoid $millions more losses for the foreseeable 12 months ? Even they can sell them at 100% profit margin, they still cannot cover their monthly expenses. Unless they can pick magical rabbits out of the empty hat, technically this magic show has run out of tricks. Unless, the BBs bring in the heavy weight David Copperfield. |
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Demostation
Supreme |
18-Nov-2015 18:36
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I am a very small shareholder with abt 50000 shares, not much worth than a month of gas for my car.   But I am empthising with the shareholders who are holding more shares than me.   There is one way that we can put things right and quickly request for an EGM for the purpose of streamlining bonuses based on merits and successful profit oriented.   If interested let me know how many of you have shares and what are the resulutions you are expecting.   We can then call an egm of shareholders, should the price of Oceanus continues to stagnant and downtrrend due to poor perception of the company.   Suggestions can be put here first for consideration of all shareholders. After that we can put on some action towards a reasonable goal. 
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OXDEVIL
Member |
18-Nov-2015 18:03
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In the past, they would do something to prop up the mkt value to hit $40mio benchmark to stay on mainboard. Now they just let it falls where gravity dictates. Lot of resource/time spent by management to roll over the loans to pay monthly expenses. Would be a good gesture if those very well-paid executives who were responsible for the current state of affairs, could return those big fat bonus ( based on unrealized paper profit of the past ) to help the company in time of difficulties. really need big big magic to wake this comatose patient when the hospital is facing water and electricity shortage. |
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lglg666
Supreme |
13-Nov-2015 23:49
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You are right and spot on....this Oceanus is confirmed a "lame counter" lol. Today it tanked till as low as 0.4c....lucky can still managed to close at 0.5c
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