Latest Forum Topics /
Oceanus
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OCEANUS (No.1 in abalone farming): Venturing into
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rogeryap
Member |
04-Sep-2014 21:44
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Got so jialat or not?? | ||||
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kelvinleow79
Senior |
04-Sep-2014 19:11
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Will start queing at 0.015 & 0.014 on a daily basics.
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kelvinleow79
Senior |
04-Sep-2014 16:47
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Quickly removed my 0.016 que.. |
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albeniz
Veteran |
03-Sep-2014 13:44
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Loading early and getting prepared for rally in Chinese New Year 2015.  Huat ah! |
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rogeryap
Member |
03-Sep-2014 12:33
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Anyway read from wcorp thread that tan choon wee is in Oceanus?? Can anyone verify this? | ||||
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rogeryap
Member |
03-Sep-2014 12:31
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Bro ur info outdated, 30 mio loan came in to extend the 60mio loan for another 2 yrs already with a lower strike price of 0.03-0.032. U can refer to sgx announcement.
Anyway what's the logic for lender to lend Oceanus 30 mio when they owe 60mio? Your thought please. |
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GuavaXF30
Elite |
03-Sep-2014 08:17
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Not so sure about that. Fundamentals still really bad and they are still losing money. Also, RM289 m convertible loan coming up for payment in mid 2015. Do they have cash to pay or are they going to default ? The Group has only RMB 34.9 mil in assets, most of which are trade  receivables and biological asset valuation but are not cash. Sorry to Demo and others who are championing Oceanus but really have to say my piece to warn people to open their eyes and not forget history.
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hotokee
Master |
02-Sep-2014 16:13
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Agree. Penny market currently bad.   Even SJ affected.   Last time you would have 1000 members online, but today is a dismal 100 pax the most. Only hope is SGX people have some mercy for their own good if the market is busy and dynamic. Lol. |
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Demostation
Supreme |
02-Sep-2014 16:09
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BBs also got hurt in the penny markets lah.  So got no strength to move prices. Players must come out to support. Just add to the buy queues, but pls never grab the sellers who might be bbbs. Lol.
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Tempest
Master |
02-Sep-2014 16:06
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Seems like no more selling for now. May move anytime! HUAT ah! |
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Tempest
Master |
29-Aug-2014 15:38
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If Oceanus is a goner. No investors/ lenders will throw their precious money to the company.. Panic selling is only advantage to the big fish. Hope you' re not the dumb small fish! Look Long term HUAT AH!!! |
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Demostation
Supreme |
29-Aug-2014 15:25
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Big lenders know better than you or me, lol.  Their target is above 3 cents, which they feel could reach as this is the reason they lend to convert at a minimum price of 3 cents, optionally.
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desmondang1109
Member |
29-Aug-2014 15:16
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the  dangerous thing for an investor is  that you start convincing yourself  that the stock still can perform while proven not.
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AwakenTide
Veteran |
29-Aug-2014 15:00
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Most investors  already  throw their towels because it has been taking too long to see the improvement. Hope the H2 results  will be  a lot better to rekindle their interest. Dr.Ng (CEO) must react to materialize the recoup the losses and  clear the debt  fast. We still recalled their goals are to be profitable by 2014,  and performance to be  even better in 2015.  I  believe the good thing has just begun.
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oldflyingfox
Master |
29-Aug-2014 14:27
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For those who has not follow up closely may not be aware that the company has replaced the management team this year and is in a transformation stage now. Give it 6 to 12 months to see the result. |
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kelvinleow79
Senior |
29-Aug-2014 11:53
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The lowest for the past 1yr was 0.014.... If you wanna call that a support? |
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rogeryap
Member |
29-Aug-2014 11:39
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Where's the support??? | ||||
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GuavaXF30
Elite |
29-Aug-2014 09:20
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Again, I stress. If you must buy, buy at below current prices. Even 0.017 is too high. This is a company in serious trouble. Have raised a lot of capital and borrowings already and can' t even find a good manager who can run the operation in China. Read the last two annual reports and you will see how badly they are doing. Not vested. Sold out at more than 25 cents years ago. AND STILL LOST MONEY !
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kelvinleow79
Senior |
27-Aug-2014 16:21
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Finally 0.017 gave way... |
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rogeryap
Member |
26-Aug-2014 16:53
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I suspect 18 same seller...maybe kena margin call?? | ||||
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