Latest Forum Topics /
Oceanus
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OCEANUS (No.1 in abalone farming): Venturing into
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Striker88
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27-Oct-2014 19:35
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See got major shareholder announcement anot...
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AwakenTide
Veteran |
27-Oct-2014 16:59
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It seems the trading up is not sustainable, management offloading? |
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kelvinleow79
Senior |
27-Oct-2014 14:37
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Woh...In top vol today.
haven't seen this kind of trading vol in a while. Seems like there are some buying interest going on... let's see how it develops in the next few days. |
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BigCannonFairy
Master |
24-Oct-2014 16:36
Yells: "Slingless David" |
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Already warned you all don' t touch. Even though I never vest in this but  我 大 炮 仙 路 見 不 平 拔 刀 相 救  
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AwakenTide
Veteran |
24-Oct-2014 10:54
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Stay away from this counter, beware of any story from this failing management. | ||||
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OXDEVIL
Member |
07-Oct-2014 18:46
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AGREED 4500% ! 0.000045 cents is just as close to ZERO as you can. A great business that got wasted by Financial Cowboys in PinStripe Suits that shot over 2 billions bullets and still missed the TARGET 6 Feet away ?! $30Millions Loan NEEDED additional 2 months extension --- showing the " FINANCIAL BACKERS" are doubting the magic show...   |
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misschin
Member |
07-Oct-2014 07:25
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For crying out loud, I am begging those already invested in this stock to get out immediately before you lose all your money, and to those who are thinking of investing to stay very very clear. This company is losing money year after year and there is no light at the end of the tunnel. No matter how low the share price has fallen, it is not cheap when it is heading towards zero. I have watched this share for many years and after peaking at around 47c in 2010, it has been a non-stop slide. Do not think that just because it went up to the high forty cents in 2008 and 2010, that you are getting a bargain now. There is no future for this stock. |
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OXDEVIL
Member |
06-Oct-2014 08:50
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.... safe to enter at 0.000045 cent level... Chinese friends in this business said 45000% chance that Oceanus LOSES MONEY with existing biz model and high cost base. With China anti-corruption, demand will not return anytime soon ... not soon enough to escape the hold of BlackHole. China abalones now selling at below 50% of 2013 peak. 2013 Oceanus LOST $$$$$$$ during 2012-2013 mkt peak ?!  Way to " CLIMB OUT" the black hole : Creditors/Warrant holders turn DEBT into SHARES and sell the " SHELL" for back door listing? Find a NEW BUSINESS MODEL that can lower the cost base realistically enough to regain profit ( still takes years to cover previous losses ). FIND REAL PROFESSIONAL with REAL EXPERIENCE in abalone business and not just those financial cowboys.         |
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papayaface
Supreme |
06-Oct-2014 07:32
Yells: "This is the best time to enter....when everythings uncertain" |
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Everyone now knows that this business is a highly risky one.  Beyond control of man and either make big or lose big.  For Oceanus, the investors which includes many venture capital  and investment funds have been hit badly. Wat to do?  Hole gets bigger every time they throw more money in., Good luck.  |
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OXDEVIL
Member |
06-Oct-2014 00:43
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Burn cash faster than revenue. Likely the most cost (highest overhead + debt-laden) over-run abalone farm in all of china! no other china farms has more highLy paid CHAIRMAN CFO CEO COO COS(china operation specialist!) ... Competitors farms sell at below OCEANUS COST ptobably still turn a profit with lean -no fat cost structure sans expensive corporate suites in Robinson Center. If no new loan to roll over old debts and pay $millions monthly bills n salaries...then what Lao? Maybe still ideal for back door reverse take over as in HER FORMER SELF. |
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OXDEVIL
Member |
06-Oct-2014 00:29
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Test |
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GuavaXF30
Elite |
29-Sep-2014 09:33
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Afraid I think we are going to see another record low. People pin their hope on a good turnaround, just becausethe management realise that their operations ion China had gone bad, Realising this  is not enough. Must have real solution too. Replacing bad Chinese managers with one  Singapore one does not mean the Singapore one knows what he is doing either. Sorry. But too many bad news already. |
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lensman
Member |
29-Sep-2014 08:18
Yells: "nothing to shout about." |
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thought i read somewhere quite sometime, they got lock out from one of the farm,have they retrieve it back ?   |
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misschin
Member |
27-Sep-2014 17:22
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OMG, so terrible but so funny. Very naughty leah  
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think2profit
Master |
27-Sep-2014 14:29
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A company that should be RIP   as the Mgt team does not have the expertise to manage the abalone farms properly and wasted so much shareholders funds!  |
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ballball58
Member |
27-Sep-2014 13:24
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I have a problem investing in a company whose name includes the word an_s. It smells fishy.     ......................................sorry, just a silly joke   |
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AwakenTide
Veteran |
27-Sep-2014 12:31
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Ready to vest more instead. Hope there is good news to be revealed soon. | ||||
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oldflyingfox
Master |
26-Sep-2014 15:34
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This is not a s-chip company but a Singapore firm having operation in China just like GLP. And they have already moved to 100% land based harvesting mid this year. Now, the sea condition has little impact to this company compare to the past years.
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kelvinleow79
Senior |
26-Sep-2014 15:05
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0.014 was tested the 2nd time in oceanus history... |
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rogeryap
Member |
26-Sep-2014 15:03
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2 camps??
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