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ckmpd1 Supreme	20-Feb-2021 20:47        ckmpd1 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Oceanus will break that gregtan123      ( Date: 20-Feb-2021 20:17) Posted: But SGX and Singaporeans known for SELL ON NEWS haha.  Mk8080      ( Date: 20-Feb-2021 20:09) Posted: I can' t wait for the announcement to be out, cause from the view of running a company. Not only u will be proud to report your solid YOY performances, u will also share the partnership u have, and will be having and the direction u will be heading. And that will clearly give ppl tons of clarity and confidence. Strong faith in those vested in the company.
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ckmpd1 Supreme	20-Feb-2021 20:18        ckmpd1 About Contact  Quote this Post!
x 0   x 0  Alert Admin	I agree with you that Oceanus will touch the 8 series next week and rise further when 4Q results are out.  If result is as good as expected, 10series will likely be breached soon. Mk8080      ( Date: 20-Feb-2021 20:04) Posted: My take is, similarly it is view base on TA and that is not wrong.... but what is the intention for that article? Lately we seen bb and up coming in.... and there are still 3 achievements to be cross as those vested already knew and will broke the all time high in 2012(0.084) which I' m quite sure it will be broken. Im with Monday trading week to even test that all time high then..this company is in the spot light all because it is in the SGX watch list... we shall see what is the price point when the release of Q4 result and exit and see what else they want to say..... maybe the title is " Wonder/amazing turnaround for a company that prove everyone wrong" with the trinity in helm, this counter will break the all time high of 0.40..
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gregtan123 Supreme	20-Feb-2021 20:17        gregtan123 About Contact  Quote this Post!
x 0   x 0  Alert Admin	But SGX and Singaporeans known for SELL ON NEWS haha.  Mk8080      ( Date: 20-Feb-2021 20:09) Posted: I can' t wait for the announcement to be out, cause from the view of running a company. Not only u will be proud to report your solid YOY performances, u will also share the partnership u have, and will be having and the direction u will be heading. And that will clearly give ppl tons of clarity and confidence. Strong faith in those vested in the company.
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ckmpd1 Supreme	20-Feb-2021 20:16        ckmpd1 About Contact  Quote this Post!
x 0   x 0  Alert Admin	There is a very small window to hope for price to fall before 4Q results.  If the expectation is that 4Q will be good and will propel the price up, then to expect a retrace is not realistic. I differ from you and I expect that price will soar from now onwards.  To hope for a retrace is almost nil. bicboi      ( Date: 20-Feb-2021 18:45) Posted: The article is from a TA standpoint, even with news coming in the coming weeks, Oceanus is still in overbought territory on the RSI matter of time it will come back down to a relative value on the RSI.  I understand where the article is coming from because from a TA standpoint they are not wrong, they are just asking people to be cautious and not get caught chasing the bag.    ckmpd1      ( Date: 20-Feb-2021 18:06) Posted: Retrace to what price before entering? Bear in mind that 4Q results shd be out next wee
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Mk8080 Senior	20-Feb-2021 20:09        Mk8080 About Contact  Quote this Post!
x 0   x 0  Alert Admin	I can' t wait for the announcement to be out, cause from the view of running a company. Not only u will be proud to report your solid YOY performances, u will also share the partnership u have, and will be having and the direction u will be heading. And that will clearly give ppl tons of clarity and confidence. Strong faith in those vested in the company.
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Mk8080 Senior	20-Feb-2021 20:04        Mk8080 About Contact  Quote this Post!
x 1   x 0  Alert Admin	My take is, similarly it is view base on TA and that is not wrong.... but what is the intention for that article? Lately we seen bb and up coming in.... and there are still 3 achievements to be cross as those vested already knew and will broke the all time high in 2012(0.084) which I' m quite sure it will be broken. Im with Monday trading week to even test that all time high then..this company is in the spot light all because it is in the SGX watch list... we shall see what is the price point when the release of Q4 result and exit and see what else they want to say..... maybe the title is " Wonder/amazing turnaround for a company that prove everyone wrong" with the trinity in helm, this counter will break the all time high of 0.40..
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SureStrike Veteran	20-Feb-2021 19:46        SureStrike About Contact  Quote this Post!
x 0   x 0  Alert Admin	Bro, very powderful point of view. U hit it right! More yakult please. Good luck to all Oceaners! 👍 🏻 😃 gregtan123      ( Date: 20-Feb-2021 19:32) Posted: Before ANY of u choose to sell at 7 Series which is ur right btw. I urge you to read this of what Oceanus CEO Peter Koh has to say. And for those who know him, this man is NOT a scammer. Also he has 2 Govt Minority Community Stalwarts by his side. U think they really so short-sighted to just want 7-8 cents? Note share price may correct any time. But correction and dip is 4 you to Buy. Not Sell. Note he wants to be accountable to the Boomers (Uncles, Aunties) who Bought at 40 cents. DYODD Interview Below   YONG HUI: Why should shareholders believe in the future of the company? PETER: What shareholders should do is believe in themselves. After seeing what we as a company is doing to change, they have to decide. In the past, there was a lot of talk,  but nothing happened. Right now, they have to see for themselves whether we have changed, and did we see things through and deliver our plans.  During our last AGM, there were a lot of questions from disgruntled shareholders, but  what started off as  a rowdy crowd, at  the end, they understood better  where  Oceanus is heading.  What took me by surprise was this middle-aged lady who shouted: Mister CEO, now that you have said all these, should I buy more shares? [laughs] That was  a very difficult question. Look, I cannot control the market. I can tell you what the direction of the company is, but I cannot tell you how to invest your money.  Interestingly enough,  this other gentleman who was quite vocal shouted back&mdash what are you waiting for? Go and buy! YONG HUI: Will you consider taking the company private? PETER: We don' t have that in mind. YONG HUI: Might that be beneficial for the company? PETER: It won&rsquo t be beneficial to the shareholders. When you do that, it is over for the shareholders who bought earlier. It isn&rsquo t doing them a service.  My moral obligation is to do well for our shareholders and employees. I have to be accountable to shareholders. https://www.hnworth.com/article/become/high-profiles/peter-koh-ceo-oceanus-group-limited/
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gregtan123 Supreme	20-Feb-2021 19:32        gregtan123 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Before ANY of u choose to sell at 7 Series which is ur right btw. I urge you to read this of what Oceanus CEO Peter Koh has to say. And for those who know him, this man is NOT a scammer. Also he has 2 Govt Minority Community Stalwarts by his side. U think they really so short-sighted to just want 7-8 cents? Note share price may correct any time. But correction and dip is 4 you to Buy. Not Sell. Note he wants to be accountable to the Boomers (Uncles, Aunties) who Bought at 40 cents. DYODD Interview Below   YONG HUI: Why should shareholders believe in the future of the company? PETER: What shareholders should do is believe in themselves. After seeing what we as a company is doing to change, they have to decide. In the past, there was a lot of talk,  but nothing happened. Right now, they have to see for themselves whether we have changed, and did we see things through and deliver our plans.  During our last AGM, there were a lot of questions from disgruntled shareholders, but  what started off as  a rowdy crowd, at  the end, they understood better  where  Oceanus is heading.  What took me by surprise was this middle-aged lady who shouted: Mister CEO, now that you have said all these, should I buy more shares? [laughs] That was  a very difficult question. Look, I cannot control the market. I can tell you what the direction of the company is, but I cannot tell you how to invest your money.  Interestingly enough,  this other gentleman who was quite vocal shouted back&mdash what are you waiting for? Go and buy! YONG HUI: Will you consider taking the company private? PETER: We don' t have that in mind. YONG HUI: Might that be beneficial for the company? PETER: It won&rsquo t be beneficial to the shareholders. When you do that, it is over for the shareholders who bought earlier. It isn&rsquo t doing them a service.  My moral obligation is to do well for our shareholders and employees. I have to be accountable to shareholders. https://www.hnworth.com/article/become/high-profiles/peter-koh-ceo-oceanus-group-limited/
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bicboi Veteran	20-Feb-2021 18:59        bicboi About Contact  Quote this Post!
x 0   x 0  Alert Admin	Create new account to shoot down Oceanus, much effort kudos to you.  Consolidation merely gives an already bottomed out stock room to drop in value some more and stay listed. Oceanus is not a company that has bottomed out mind you   Longfellow      ( Date: 20-Feb-2021 18:45) Posted: --- Post Removed by User ---
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DexterT Veteran	20-Feb-2021 18:58        DexterT About Contact  Quote this Post!
x 0   x 0  Alert Admin	Posted already :) Its a more detailed report based on recent events. gregtan123      ( Date: 20-Feb-2021 18:34) Posted: Thanks bro. Gave u a Thumbs up too! can u post on SGXbets too!  DexterT      ( Date: 20-Feb-2021 17:42) Posted: This will be my view on Oceanus Group and why I think it is still currently  bullish. Please take my opinions with a pinch of salt and do your own due diligence. Bullish Opinion 1. Oceanus Group recently received a query from SGX because of their 11% increase in price movement and to which, Oceanus Group replies to being unaware of any possible reasons that might cause the price surge. However, based on my limited time in research, I have come up with these 3 potential reasons. Bullish Graph  If we look at Oceanus Group' s graph, we can see that there is 2 strong support forming at $0.062 and $0.067. With such a strong support forming and investors consolidating, it tends to spark up with any positive news. Joey Choy Analysis Joey Choy from Philip Securities posted a video on 2 SG Penny Stocks that are below $0.20 with more uptrend potential. Those 2 SG Penny Stocks are Oceanus Group and Jiutian Chemical. With Joey Choy' s reputation as Singapore' s renowned mentor and as one of the Top Tier Remisiers and Trader, he might have some influence through his analyst. Link: https://www.youtube.com/watch?v=PU6EOxCASIQ& t=647s Terenece Cao Partnering Terence' s home-based F& B business sets up Mee Siam delivery and partners with nine Singaporean farms to sell their produce on its site. The first of these being Oceanus Group' s abalone. Link: https://www.8days.sg/eatanddrink/newsandopening/terence-cao-sets-up-mee-siam-delivery-biz-gets-700-enquiries-on-14225762 2. Since 2018, Oceanus Group has constantly generated  increasing profits year after year.  The amazing growth of  200% - 300%  per year due to their strategize 4 pillars of growth. Gaining revenue from 4 different sectors, Aquaculture, Distribution, Services, and Innovation. Their latest revenue between 2019 to Q1-Q3 2020, shows an increase of 305%. ( Exponential revenue and earnings growth ) 3. As CEO Peter Koh joins Oceanus Group in 2014, he managed to turn the company around from being  heavily in debt to absolutely no debt  by 2017. This allows Oceanus Group to achieve their first ' Clean' audit opinion in Nine Years. This could only be done after successfully resolving all legacy issues that have caused disclaimer of opinions from its auditors between FY2011 to FY2017. Link: https://oceanus.com.sg/oceanus-achieves-first-clean-audit-opinion-in-nine-years/ 4. Seeing Oceanus Group' s growth potential, former  Minister Yaccob Ibrahim joins Oceanus Group as an independent director  and invested in the company in 2020. With former Minister Yaccob Ibrahim involvement in the company, Oceanus Group will indefinitely move faster and stronger forward with his skills and knowledge in his sector. Link: https://oceanus.com.sg/former-minister-yaacob-ibrahim-joins-oceanus-as-independent-director/ 5. Oceanus Group has plans to  apply out of SGX watchlist  in April 2021 after auditing their FY2020 results. The result on whether they have successfully exited out of SGX watchlist will be announced in Q3/4 2021. Looking at how Oceanus Group has progressed over the years and their confidence in applying out of SGX watchlist, I feel there will be positive news in Q3/4 2021. Link: https://www.facebook.com/OceanusGroupLimited/posts/877066023043380 6. Because of the pandemic crisis in 2020, it was a nudge for many companies. Oceanus Group realizes that they will need to evolve from past practices to survive the pandemic and so they did. They have been constantly innovating since 2015. This allowed Oceanus Group to continue to grow revenue and profit even in 2020. The journey has only just begun, especially as they kickstart their 3-year plan of Tech-Up phase. An exciting project that Oceanus has was their  Aquapolis City project  with 2 other companies, Shaw Investment Holdings, and China Construction Seventh Engineering Division. The project was created to tackle food security concerns from governments around the world. It is a sea-based hi-tech aquaponics farm that aims to be the solution to food security and safety in Singapore and beyond. Although Oceanus Group has not released any updates or progress of the Aquapolis project, I hope to hear more about it in their 3-year tech-up phase. Link: https://www.businesstimes.com.sg/companies-markets/oceanus-partners-shaw-investment-holdings-chinese-construction-firm-to-enhance 7. Oceanus Group is set to  release its Q4 2020 earnings  report in February. I am confident that their earnings report will be good as having a good consistent financial profit year over year is one of the criteria to be able to apply out of SGX watchlist. 8. I came upon Oceanus Market Depth data while researching and noticed something interesting. The amount of shares at the sell queue is decreasing over time compared to when it was priced at $0.03. When the share price was at $0.03, the selling volume was at close to 40-50 million shares, and as of 19/02/2020, the share price at $0.076 was around 20-30 million shares. I am not sure about you, but this tells me that many Oceanus Group supporters are holding on to their shares because they believe in the company. Investment Oceanus Group in 2020 has been making strategic investments towards the food-tech space. Investment such as: 1. Investment in Universal Aquaculture for Deep Tech Indoor Prawn breeding. Link: https://www.businesstimes.com.sg/companies-markets/oceanus-invests-in-deep-tech-firm-to-breed-prawns 2. Signed an agreement with Hainan Raffles Group, to set up the world' s first Oceanus FoodTech Hub in Hainan. A key aquaculture centre for shrimp and fish farming in the region. Link: https://links.sgx.com/1.0.0/corporate-announcements/Q98FNYLCZ2E1YRFB/669685e053e41e000255387677e65a2f6919e620ef5c6b240ce4eb1a489ba10d?fbclid=IwAR38wSvIJMLFq_KUBYI0nmhTuNodYfg22ztw-z58JpcVCDyLA6ibWb-OYGM Upcoming Near-term key Catalyst 1.  Q4 2020 Results. The Q4 2020 results will be released this coming February and in my opinion, it will no doubt be great as compared to the previous quarter. 2.  Exiting from SGX watch-list. Based on the profitability achieved in Q1-Q3 2020, Oceanus is on track to fulfill the condition to exit from SGX watch-list. This is an upgrade of confidence from SGX as it is loosening its reporting requirement for Oceanus. 3.  Exponential revenue and earnings growth from Season Global. Since establishing Season Global JV in Jan 2020, the revenue of Oceanus Group has grown significantly. In Q1-Q3 2020, Oceanus Group' s revenue grew by 626% year over year ( +276% quarter over quarter ) and made a turnaround from a loss to profit.  4.  Further expansion of aquaculture businesses. The Covid-19 pandemic has accelerated the demand for many major cities to build their own food supplies. The could open up more opportunities for Oceanus to deploy its food tech hubs in key cities across China, ASEAN, and the Middle East. Bearish Opinion Of course, there will definitely be some bearish opinions as there is bullish. 1. Oceanus Group' s valuation is a whopping $1.822 billion as of this writing. Its share price is at $0.075 on 19/02/2020 closing.  2. Oceanus Group' s P/B ratio is at 76.27x as compared to its fair value and price relative to the market. Link: https://www.theedgesingapore.com/capital/right-timing/caution-warranted-penny-stocks-overbought-highs-sti-slumps Based on the above numbers, Oceanus Group is overvalued as compared to other counters such as First Resources Ltd, Bumitama Agri Ltd, and Indofood Agri Resources Ltd to name a few. However, I would not use these numbers to value Oceanus Group as it is a growth company. We invest based on how we see the company' s future, and from how I see it, Oceanus Group is en route to greater growth and earnings with strong fundamentals that are built since 2014. Other Links To those who would love to know more about Oceanus Group or where I get my research from, below are a few links provided for your convenience. UOB KayHian Analyst Report on Oceanus Group Link: https://research.sginvestors.io/2021/01/oceanus-group-uob-kay-hian-research-2021-01-20.html 89.3 Money FM interview on Oceanus Group CEO Peter Koh Link: https://omny.fm/shows/money-fm-893/driving-a-resilient-aquaculture-business-amid-covi?fbclid=IwAR2YoxNBFyWbjDwkaVmAeCBDYYLvRP40hC5KttwRnBWPhgJd5IMSrSxYvQA#description Oceanus Facebook  (Oceanus post updates on their progress) Link: https://www.facebook.com/OceanusGroupLimited Disclaimer: All content on this post is for informational & educational purposes only, and shouldn' t be taken as personalized financial advice. Always do your own due diligence before investing. Cheers/
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bicboi Veteran	20-Feb-2021 18:52        bicboi About Contact  Quote this Post!
x 0   x 0  Alert Admin	ideally test 8 cents similar to 6 series, then once earnings report is out and if Oceanus does very well again then it will shoot up significantly. Pattern has been the same ever since 5x series, cross to 5x retrace abit. 6x series also retrace and hang around for 2 weeks which was a longer period and market sentiment was not exactly the best the past two weeks.  Earnings report will be the catalyst for 8 series or who knows 9 or even 10 if Oceanus does reqally well.
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bicboi Veteran	20-Feb-2021 18:45        bicboi About Contact  Quote this Post!
x 0   x 0  Alert Admin	The article is from a TA standpoint, even with news coming in the coming weeks, Oceanus is still in overbought territory on the RSI matter of time it will come back down to a relative value on the RSI.  I understand where the article is coming from because from a TA standpoint they are not wrong, they are just asking people to be cautious and not get caught chasing the bag.    ckmpd1      ( Date: 20-Feb-2021 18:06) Posted: Retrace to what price before entering? Bear in mind that 4Q results shd be out next week bicboi      ( Date: 20-Feb-2021 17:42) Posted: not wrong, article using TA. Oceanus is in overbought territory using the Relative Strength Index on daily ad hourly chart. For those who want to enter let it retrace abit and consolidate first before entering, thats my advice lo
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gregtan123 Supreme	20-Feb-2021 18:34        gregtan123 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Thanks bro. Gave u a Thumbs up too! can u post on SGXbets too!  DexterT      ( Date: 20-Feb-2021 17:42) Posted: This will be my view on Oceanus Group and why I think it is still currently  bullish. Please take my opinions with a pinch of salt and do your own due diligence. Bullish Opinion 1. Oceanus Group recently received a query from SGX because of their 11% increase in price movement and to which, Oceanus Group replies to being unaware of any possible reasons that might cause the price surge. However, based on my limited time in research, I have come up with these 3 potential reasons. Bullish Graph  If we look at Oceanus Group' s graph, we can see that there is 2 strong support forming at $0.062 and $0.067. With such a strong support forming and investors consolidating, it tends to spark up with any positive news. Joey Choy Analysis Joey Choy from Philip Securities posted a video on 2 SG Penny Stocks that are below $0.20 with more uptrend potential. Those 2 SG Penny Stocks are Oceanus Group and Jiutian Chemical. With Joey Choy' s reputation as Singapore' s renowned mentor and as one of the Top Tier Remisiers and Trader, he might have some influence through his analyst. Link: https://www.youtube.com/watch?v=PU6EOxCASIQ& t=647s Terenece Cao Partnering Terence' s home-based F& B business sets up Mee Siam delivery and partners with nine Singaporean farms to sell their produce on its site. The first of these being Oceanus Group' s abalone. Link: https://www.8days.sg/eatanddrink/newsandopening/terence-cao-sets-up-mee-siam-delivery-biz-gets-700-enquiries-on-14225762 2. Since 2018, Oceanus Group has constantly generated  increasing profits year after year.  The amazing growth of  200% - 300%  per year due to their strategize 4 pillars of growth. Gaining revenue from 4 different sectors, Aquaculture, Distribution, Services, and Innovation. Their latest revenue between 2019 to Q1-Q3 2020, shows an increase of 305%. ( Exponential revenue and earnings growth ) 3. As CEO Peter Koh joins Oceanus Group in 2014, he managed to turn the company around from being  heavily in debt to absolutely no debt  by 2017. This allows Oceanus Group to achieve their first ' Clean' audit opinion in Nine Years. This could only be done after successfully resolving all legacy issues that have caused disclaimer of opinions from its auditors between FY2011 to FY2017. Link: https://oceanus.com.sg/oceanus-achieves-first-clean-audit-opinion-in-nine-years/ 4. Seeing Oceanus Group' s growth potential, former  Minister Yaccob Ibrahim joins Oceanus Group as an independent director  and invested in the company in 2020. With former Minister Yaccob Ibrahim involvement in the company, Oceanus Group will indefinitely move faster and stronger forward with his skills and knowledge in his sector. Link: https://oceanus.com.sg/former-minister-yaacob-ibrahim-joins-oceanus-as-independent-director/ 5. Oceanus Group has plans to  apply out of SGX watchlist  in April 2021 after auditing their FY2020 results. The result on whether they have successfully exited out of SGX watchlist will be announced in Q3/4 2021. Looking at how Oceanus Group has progressed over the years and their confidence in applying out of SGX watchlist, I feel there will be positive news in Q3/4 2021. Link: https://www.facebook.com/OceanusGroupLimited/posts/877066023043380 6. Because of the pandemic crisis in 2020, it was a nudge for many companies. Oceanus Group realizes that they will need to evolve from past practices to survive the pandemic and so they did. They have been constantly innovating since 2015. This allowed Oceanus Group to continue to grow revenue and profit even in 2020. The journey has only just begun, especially as they kickstart their 3-year plan of Tech-Up phase. An exciting project that Oceanus has was their  Aquapolis City project  with 2 other companies, Shaw Investment Holdings, and China Construction Seventh Engineering Division. The project was created to tackle food security concerns from governments around the world. It is a sea-based hi-tech aquaponics farm that aims to be the solution to food security and safety in Singapore and beyond. Although Oceanus Group has not released any updates or progress of the Aquapolis project, I hope to hear more about it in their 3-year tech-up phase. Link: https://www.businesstimes.com.sg/companies-markets/oceanus-partners-shaw-investment-holdings-chinese-construction-firm-to-enhance 7. Oceanus Group is set to  release its Q4 2020 earnings  report in February. I am confident that their earnings report will be good as having a good consistent financial profit year over year is one of the criteria to be able to apply out of SGX watchlist. 8. I came upon Oceanus Market Depth data while researching and noticed something interesting. The amount of shares at the sell queue is decreasing over time compared to when it was priced at $0.03. When the share price was at $0.03, the selling volume was at close to 40-50 million shares, and as of 19/02/2020, the share price at $0.076 was around 20-30 million shares. I am not sure about you, but this tells me that many Oceanus Group supporters are holding on to their shares because they believe in the company. Investment Oceanus Group in 2020 has been making strategic investments towards the food-tech space. Investment such as: 1. Investment in Universal Aquaculture for Deep Tech Indoor Prawn breeding. Link: https://www.businesstimes.com.sg/companies-markets/oceanus-invests-in-deep-tech-firm-to-breed-prawns 2. Signed an agreement with Hainan Raffles Group, to set up the world' s first Oceanus FoodTech Hub in Hainan. A key aquaculture centre for shrimp and fish farming in the region. Link: https://links.sgx.com/1.0.0/corporate-announcements/Q98FNYLCZ2E1YRFB/669685e053e41e000255387677e65a2f6919e620ef5c6b240ce4eb1a489ba10d?fbclid=IwAR38wSvIJMLFq_KUBYI0nmhTuNodYfg22ztw-z58JpcVCDyLA6ibWb-OYGM Upcoming Near-term key Catalyst 1.  Q4 2020 Results. The Q4 2020 results will be released this coming February and in my opinion, it will no doubt be great as compared to the previous quarter. 2.  Exiting from SGX watch-list. Based on the profitability achieved in Q1-Q3 2020, Oceanus is on track to fulfill the condition to exit from SGX watch-list. This is an upgrade of confidence from SGX as it is loosening its reporting requirement for Oceanus. 3.  Exponential revenue and earnings growth from Season Global. Since establishing Season Global JV in Jan 2020, the revenue of Oceanus Group has grown significantly. In Q1-Q3 2020, Oceanus Group' s revenue grew by 626% year over year ( +276% quarter over quarter ) and made a turnaround from a loss to profit.  4.  Further expansion of aquaculture businesses. The Covid-19 pandemic has accelerated the demand for many major cities to build their own food supplies. The could open up more opportunities for Oceanus to deploy its food tech hubs in key cities across China, ASEAN, and the Middle East. Bearish Opinion Of course, there will definitely be some bearish opinions as there is bullish. 1. Oceanus Group' s valuation is a whopping $1.822 billion as of this writing. Its share price is at $0.075 on 19/02/2020 closing.  2. Oceanus Group' s P/B ratio is at 76.27x as compared to its fair value and price relative to the market. Link: https://www.theedgesingapore.com/capital/right-timing/caution-warranted-penny-stocks-overbought-highs-sti-slumps Based on the above numbers, Oceanus Group is overvalued as compared to other counters such as First Resources Ltd, Bumitama Agri Ltd, and Indofood Agri Resources Ltd to name a few. However, I would not use these numbers to value Oceanus Group as it is a growth company. We invest based on how we see the company' s future, and from how I see it, Oceanus Group is en route to greater growth and earnings with strong fundamentals that are built since 2014. Other Links To those who would love to know more about Oceanus Group or where I get my research from, below are a few links provided for your convenience. UOB KayHian Analyst Report on Oceanus Group Link: https://research.sginvestors.io/2021/01/oceanus-group-uob-kay-hian-research-2021-01-20.html 89.3 Money FM interview on Oceanus Group CEO Peter Koh Link: https://omny.fm/shows/money-fm-893/driving-a-resilient-aquaculture-business-amid-covi?fbclid=IwAR2YoxNBFyWbjDwkaVmAeCBDYYLvRP40hC5KttwRnBWPhgJd5IMSrSxYvQA#description Oceanus Facebook  (Oceanus post updates on their progress) Link: https://www.facebook.com/OceanusGroupLimited Disclaimer: All content on this post is for informational & educational purposes only, and shouldn' t be taken as personalized financial advice. Always do your own due diligence before investing. Cheers/
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ckmpd1 Supreme	20-Feb-2021 18:06        ckmpd1 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Retrace to what price before entering? Bear in mind that 4Q results shd be out next week bicboi      ( Date: 20-Feb-2021 17:42) Posted: not wrong, article using TA. Oceanus is in overbought territory using the Relative Strength Index on daily ad hourly chart. For those who want to enter let it retrace abit and consolidate first before entering, thats my advice lo  Mk8080      ( Date: 20-Feb-2021 17:33) Posted: anyone any take on this news? https://www.theedgesingapore.com/capital/right-timing/caution-warranted-penny-stocks-overbought-highs-sti-slumps
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AwakenTide Veteran	20-Feb-2021 17:49        AwakenTide About Contact  Quote this Post!
x 0   x 0  Alert Admin	Thanks DexterT for a good analysis, the SG government is stepping up on Green Plan, which will definitely help to fund the Oceanus projects along its success to be a giant in Agri-food industry. DexterT      ( Date: 20-Feb-2021 17:42) Posted: This will be my view on Oceanus Group and why I think it is still currently  bullish. Please take my opinions with a pinch of salt and do your own due diligence. Bullish Opinion 1. Oceanus Group recently received a query from SGX because of their 11% increase in price movement and to which, Oceanus Group replies to being unaware of any possible reasons that might cause the price surge. However, based on my limited time in research, I have come up with these 3 potential reasons. Bullish Graph  If we look at Oceanus Group' s graph, we can see that there is 2 strong support forming at $0.062 and $0.067. With such a strong support forming and investors consolidating, it tends to spark up with any positive news. Joey Choy Analysis Joey Choy from Philip Securities posted a video on 2 SG Penny Stocks that are below $0.20 with more uptrend potential. Those 2 SG Penny Stocks are Oceanus Group and Jiutian Chemical. With Joey Choy' s reputation as Singapore' s renowned mentor and as one of the Top Tier Remisiers and Trader, he might have some influence through his analyst. Link: https://www.youtube.com/watch?v=PU6EOxCASIQ& t=647s Terenece Cao Partnering Terence' s home-based F& B business sets up Mee Siam delivery and partners with nine Singaporean farms to sell their produce on its site. The first of these being Oceanus Group' s abalone. Link: https://www.8days.sg/eatanddrink/newsandopening/terence-cao-sets-up-mee-siam-delivery-biz-gets-700-enquiries-on-14225762 2. Since 2018, Oceanus Group has constantly generated  increasing profits year after year.  The amazing growth of  200% - 300%  per year due to their strategize 4 pillars of growth. Gaining revenue from 4 different sectors, Aquaculture, Distribution, Services, and Innovation. Their latest revenue between 2019 to Q1-Q3 2020, shows an increase of 305%. ( Exponential revenue and earnings growth ) 3. As CEO Peter Koh joins Oceanus Group in 2014, he managed to turn the company around from being  heavily in debt to absolutely no debt  by 2017. This allows Oceanus Group to achieve their first ' Clean' audit opinion in Nine Years. This could only be done after successfully resolving all legacy issues that have caused disclaimer of opinions from its auditors between FY2011 to FY2017. Link: https://oceanus.com.sg/oceanus-achieves-first-clean-audit-opinion-in-nine-years/ 4. Seeing Oceanus Group' s growth potential, former  Minister Yaccob Ibrahim joins Oceanus Group as an independent director  and invested in the company in 2020. With former Minister Yaccob Ibrahim involvement in the company, Oceanus Group will indefinitely move faster and stronger forward with his skills and knowledge in his sector. Link: https://oceanus.com.sg/former-minister-yaacob-ibrahim-joins-oceanus-as-independent-director/ 5. Oceanus Group has plans to  apply out of SGX watchlist  in April 2021 after auditing their FY2020 results. The result on whether they have successfully exited out of SGX watchlist will be announced in Q3/4 2021. Looking at how Oceanus Group has progressed over the years and their confidence in applying out of SGX watchlist, I feel there will be positive news in Q3/4 2021. Link: https://www.facebook.com/OceanusGroupLimited/posts/877066023043380 6. Because of the pandemic crisis in 2020, it was a nudge for many companies. Oceanus Group realizes that they will need to evolve from past practices to survive the pandemic and so they did. They have been constantly innovating since 2015. This allowed Oceanus Group to continue to grow revenue and profit even in 2020. The journey has only just begun, especially as they kickstart their 3-year plan of Tech-Up phase. An exciting project that Oceanus has was their  Aquapolis City project  with 2 other companies, Shaw Investment Holdings, and China Construction Seventh Engineering Division. The project was created to tackle food security concerns from governments around the world. It is a sea-based hi-tech aquaponics farm that aims to be the solution to food security and safety in Singapore and beyond. Although Oceanus Group has not released any updates or progress of the Aquapolis project, I hope to hear more about it in their 3-year tech-up phase. Link: https://www.businesstimes.com.sg/companies-markets/oceanus-partners-shaw-investment-holdings-chinese-construction-firm-to-enhance 7. Oceanus Group is set to  release its Q4 2020 earnings  report in February. I am confident that their earnings report will be good as having a good consistent financial profit year over year is one of the criteria to be able to apply out of SGX watchlist. 8. I came upon Oceanus Market Depth data while researching and noticed something interesting. The amount of shares at the sell queue is decreasing over time compared to when it was priced at $0.03. When the share price was at $0.03, the selling volume was at close to 40-50 million shares, and as of 19/02/2020, the share price at $0.076 was around 20-30 million shares. I am not sure about you, but this tells me that many Oceanus Group supporters are holding on to their shares because they believe in the company. Investment Oceanus Group in 2020 has been making strategic investments towards the food-tech space. Investment such as: 1. Investment in Universal Aquaculture for Deep Tech Indoor Prawn breeding. Link: https://www.businesstimes.com.sg/companies-markets/oceanus-invests-in-deep-tech-firm-to-breed-prawns 2. Signed an agreement with Hainan Raffles Group, to set up the world' s first Oceanus FoodTech Hub in Hainan. A key aquaculture centre for shrimp and fish farming in the region. Link: https://links.sgx.com/1.0.0/corporate-announcements/Q98FNYLCZ2E1YRFB/669685e053e41e000255387677e65a2f6919e620ef5c6b240ce4eb1a489ba10d?fbclid=IwAR38wSvIJMLFq_KUBYI0nmhTuNodYfg22ztw-z58JpcVCDyLA6ibWb-OYGM Upcoming Near-term key Catalyst 1.  Q4 2020 Results. The Q4 2020 results will be released this coming February and in my opinion, it will no doubt be great as compared to the previous quarter. 2.  Exiting from SGX watch-list. Based on the profitability achieved in Q1-Q3 2020, Oceanus is on track to fulfill the condition to exit from SGX watch-list. This is an upgrade of confidence from SGX as it is loosening its reporting requirement for Oceanus. 3.  Exponential revenue and earnings growth from Season Global. Since establishing Season Global JV in Jan 2020, the revenue of Oceanus Group has grown significantly. In Q1-Q3 2020, Oceanus Group' s revenue grew by 626% year over year ( +276% quarter over quarter ) and made a turnaround from a loss to profit.  4.  Further expansion of aquaculture businesses. The Covid-19 pandemic has accelerated the demand for many major cities to build their own food supplies. The could open up more opportunities for Oceanus to deploy its food tech hubs in key cities across China, ASEAN, and the Middle East. Bearish Opinion Of course, there will definitely be some bearish opinions as there is bullish. 1. Oceanus Group' s valuation is a whopping $1.822 billion as of this writing. Its share price is at $0.075 on 19/02/2020 closing.  2. Oceanus Group' s P/B ratio is at 76.27x as compared to its fair value and price relative to the market. Link: https://www.theedgesingapore.com/capital/right-timing/caution-warranted-penny-stocks-overbought-highs-sti-slumps Based on the above numbers, Oceanus Group is overvalued as compared to other counters such as First Resources Ltd, Bumitama Agri Ltd, and Indofood Agri Resources Ltd to name a few. However, I would not use these numbers to value Oceanus Group as it is a growth company. We invest based on how we see the company' s future, and from how I see it, Oceanus Group is en route to greater growth and earnings with strong fundamentals that are built since 2014. Other Links To those who would love to know more about Oceanus Group or where I get my research from, below are a few links provided for your convenience. UOB KayHian Analyst Report on Oceanus Group Link: https://research.sginvestors.io/2021/01/oceanus-group-uob-kay-hian-research-2021-01-20.html 89.3 Money FM interview on Oceanus Group CEO Peter Koh Link: https://omny.fm/shows/money-fm-893/driving-a-resilient-aquaculture-business-amid-covi?fbclid=IwAR2YoxNBFyWbjDwkaVmAeCBDYYLvRP40hC5KttwRnBWPhgJd5IMSrSxYvQA#description Oceanus Facebook  (Oceanus post updates on their progress) Link: https://www.facebook.com/OceanusGroupLimited Disclaimer: All content on this post is for informational & educational purposes only, and shouldn' t be taken as personalized financial advice. Always do your own due diligence before investing. Cheers/
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DexterT Veteran	20-Feb-2021 17:45        DexterT About Contact  Quote this Post!
x 0   x 0  Alert Admin	To me, the article talks about TA which is not wrong. But.. what bothers me is he/she talks about Oceanus having no fundamentals. It feels like a punch towards CEO Peter Koh who literally brought the company back to life. Mk8080      ( Date: 20-Feb-2021 17:33) Posted: anyone any take on this news? https://www.theedgesingapore.com/capital/right-timing/caution-warranted-penny-stocks-overbought-highs-sti-slumps
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DexterT Veteran	20-Feb-2021 17:42        DexterT About Contact  Quote this Post!
x 1   x 0  Alert Admin	This will be my view on Oceanus Group and why I think it is still currently  bullish. Please take my opinions with a pinch of salt and do your own due diligence. Bullish Opinion 1. Oceanus Group recently received a query from SGX because of their 11% increase in price movement and to which, Oceanus Group replies to being unaware of any possible reasons that might cause the price surge. However, based on my limited time in research, I have come up with these 3 potential reasons. Bullish Graph  If we look at Oceanus Group' s graph, we can see that there is 2 strong support forming at $0.062 and $0.067. With such a strong support forming and investors consolidating, it tends to spark up with any positive news. Joey Choy Analysis Joey Choy from Philip Securities posted a video on 2 SG Penny Stocks that are below $0.20 with more uptrend potential. Those 2 SG Penny Stocks are Oceanus Group and Jiutian Chemical. With Joey Choy' s reputation as Singapore' s renowned mentor and as one of the Top Tier Remisiers and Trader, he might have some influence through his analyst. Link: https://www.youtube.com/watch?v=PU6EOxCASIQ& t=647s Terenece Cao Partnering Terence' s home-based F& B business sets up Mee Siam delivery and partners with nine Singaporean farms to sell their produce on its site. The first of these being Oceanus Group' s abalone. Link: https://www.8days.sg/eatanddrink/newsandopening/terence-cao-sets-up-mee-siam-delivery-biz-gets-700-enquiries-on-14225762 2. Since 2018, Oceanus Group has constantly generated  increasing profits year after year.  The amazing growth of  200% - 300%  per year due to their strategize 4 pillars of growth. Gaining revenue from 4 different sectors, Aquaculture, Distribution, Services, and Innovation. Their latest revenue between 2019 to Q1-Q3 2020, shows an increase of 305%. ( Exponential revenue and earnings growth ) 3. As CEO Peter Koh joins Oceanus Group in 2014, he managed to turn the company around from being  heavily in debt to absolutely no debt  by 2017. This allows Oceanus Group to achieve their first ' Clean' audit opinion in Nine Years. This could only be done after successfully resolving all legacy issues that have caused disclaimer of opinions from its auditors between FY2011 to FY2017. Link: https://oceanus.com.sg/oceanus-achieves-first-clean-audit-opinion-in-nine-years/ 4. Seeing Oceanus Group' s growth potential, former  Minister Yaccob Ibrahim joins Oceanus Group as an independent director  and invested in the company in 2020. With former Minister Yaccob Ibrahim involvement in the company, Oceanus Group will indefinitely move faster and stronger forward with his skills and knowledge in his sector. Link: https://oceanus.com.sg/former-minister-yaacob-ibrahim-joins-oceanus-as-independent-director/ 5. Oceanus Group has plans to  apply out of SGX watchlist  in April 2021 after auditing their FY2020 results. The result on whether they have successfully exited out of SGX watchlist will be announced in Q3/4 2021. Looking at how Oceanus Group has progressed over the years and their confidence in applying out of SGX watchlist, I feel there will be positive news in Q3/4 2021. Link: https://www.facebook.com/OceanusGroupLimited/posts/877066023043380 6. Because of the pandemic crisis in 2020, it was a nudge for many companies. Oceanus Group realizes that they will need to evolve from past practices to survive the pandemic and so they did. They have been constantly innovating since 2015. This allowed Oceanus Group to continue to grow revenue and profit even in 2020. The journey has only just begun, especially as they kickstart their 3-year plan of Tech-Up phase. An exciting project that Oceanus has was their  Aquapolis City project  with 2 other companies, Shaw Investment Holdings, and China Construction Seventh Engineering Division. The project was created to tackle food security concerns from governments around the world. It is a sea-based hi-tech aquaponics farm that aims to be the solution to food security and safety in Singapore and beyond. Although Oceanus Group has not released any updates or progress of the Aquapolis project, I hope to hear more about it in their 3-year tech-up phase. Link: https://www.businesstimes.com.sg/companies-markets/oceanus-partners-shaw-investment-holdings-chinese-construction-firm-to-enhance 7. Oceanus Group is set to  release its Q4 2020 earnings  report in February. I am confident that their earnings report will be good as having a good consistent financial profit year over year is one of the criteria to be able to apply out of SGX watchlist. 8. I came upon Oceanus Market Depth data while researching and noticed something interesting. The amount of shares at the sell queue is decreasing over time compared to when it was priced at $0.03. When the share price was at $0.03, the selling volume was at close to 40-50 million shares, and as of 19/02/2020, the share price at $0.076 was around 20-30 million shares. I am not sure about you, but this tells me that many Oceanus Group supporters are holding on to their shares because they believe in the company. Investment Oceanus Group in 2020 has been making strategic investments towards the food-tech space. Investment such as: 1. Investment in Universal Aquaculture for Deep Tech Indoor Prawn breeding. Link: https://www.businesstimes.com.sg/companies-markets/oceanus-invests-in-deep-tech-firm-to-breed-prawns 2. Signed an agreement with Hainan Raffles Group, to set up the world' s first Oceanus FoodTech Hub in Hainan. A key aquaculture centre for shrimp and fish farming in the region. Link: https://links.sgx.com/1.0.0/corporate-announcements/Q98FNYLCZ2E1YRFB/669685e053e41e000255387677e65a2f6919e620ef5c6b240ce4eb1a489ba10d?fbclid=IwAR38wSvIJMLFq_KUBYI0nmhTuNodYfg22ztw-z58JpcVCDyLA6ibWb-OYGM Upcoming Near-term key Catalyst 1.  Q4 2020 Results. The Q4 2020 results will be released this coming February and in my opinion, it will no doubt be great as compared to the previous quarter. 2.  Exiting from SGX watch-list. Based on the profitability achieved in Q1-Q3 2020, Oceanus is on track to fulfill the condition to exit from SGX watch-list. This is an upgrade of confidence from SGX as it is loosening its reporting requirement for Oceanus. 3.  Exponential revenue and earnings growth from Season Global. Since establishing Season Global JV in Jan 2020, the revenue of Oceanus Group has grown significantly. In Q1-Q3 2020, Oceanus Group' s revenue grew by 626% year over year ( +276% quarter over quarter ) and made a turnaround from a loss to profit.  4.  Further expansion of aquaculture businesses. The Covid-19 pandemic has accelerated the demand for many major cities to build their own food supplies. The could open up more opportunities for Oceanus to deploy its food tech hubs in key cities across China, ASEAN, and the Middle East. Bearish Opinion Of course, there will definitely be some bearish opinions as there is bullish. 1. Oceanus Group' s valuation is a whopping $1.822 billion as of this writing. Its share price is at $0.075 on 19/02/2020 closing.  2. Oceanus Group' s P/B ratio is at 76.27x as compared to its fair value and price relative to the market. Link: https://www.theedgesingapore.com/capital/right-timing/caution-warranted-penny-stocks-overbought-highs-sti-slumps Based on the above numbers, Oceanus Group is overvalued as compared to other counters such as First Resources Ltd, Bumitama Agri Ltd, and Indofood Agri Resources Ltd to name a few. However, I would not use these numbers to value Oceanus Group as it is a growth company. We invest based on how we see the company' s future, and from how I see it, Oceanus Group is en route to greater growth and earnings with strong fundamentals that are built since 2014. Other Links To those who would love to know more about Oceanus Group or where I get my research from, below are a few links provided for your convenience. UOB KayHian Analyst Report on Oceanus Group Link: https://research.sginvestors.io/2021/01/oceanus-group-uob-kay-hian-research-2021-01-20.html 89.3 Money FM interview on Oceanus Group CEO Peter Koh Link: https://omny.fm/shows/money-fm-893/driving-a-resilient-aquaculture-business-amid-covi?fbclid=IwAR2YoxNBFyWbjDwkaVmAeCBDYYLvRP40hC5KttwRnBWPhgJd5IMSrSxYvQA#description Oceanus Facebook  (Oceanus post updates on their progress) Link: https://www.facebook.com/OceanusGroupLimited Disclaimer: All content on this post is for informational & educational purposes only, and shouldn' t be taken as personalized financial advice. Always do your own due diligence before investing. Cheers/
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bicboi Veteran	20-Feb-2021 17:42        bicboi About Contact  Quote this Post!
x 0   x 0  Alert Admin	not wrong, article using TA. Oceanus is in overbought territory using the Relative Strength Index on daily ad hourly chart. For those who want to enter let it retrace abit and consolidate first before entering, thats my advice lo  Mk8080      ( Date: 20-Feb-2021 17:33) Posted: anyone any take on this news? https://www.theedgesingapore.com/capital/right-timing/caution-warranted-penny-stocks-overbought-highs-sti-slumps
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AwakenTide Veteran	20-Feb-2021 17:41        AwakenTide About Contact  Quote this Post!
x 0   x 0  Alert Admin	The news is like a junk to me, Oceanus is a target by chance when SGX posted query about the bullishness of Oceanus then this news came to double attack. 8.4c may be is another support level if go higher if I understood this, perhaps. Mk8080      ( Date: 20-Feb-2021 17:33) Posted: anyone any take on this news? https://www.theedgesingapore.com/capital/right-timing/caution-warranted-penny-stocks-overbought-highs-sti-slumps
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Mk8080 Senior	20-Feb-2021 17:33        Mk8080 About Contact  Quote this Post!
x 0   x 0  Alert Admin	anyone any take on this news? https://www.theedgesingapore.com/capital/right-timing/caution-warranted-penny-stocks-overbought-highs-sti-slumps
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