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Oceanus
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OCEANUS (No.1 in abalone farming): Venturing into
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oldflyingfox
Master |
30-Jun-2014 00:29
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The last announcement does look like a good news, it cleared the doubt of the company whether could get more money to fund the turn around and to extend the loan that will due next year. The leanders have shown confident on the company by pumping more money into it. Will like to hear more from the management on the AGM this coming Monday. |
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mrwise
Supreme |
29-Jun-2014 18:58
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Rising... Look out! |
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lensman
Member |
29-Jun-2014 12:40
Yells: "nothing to shout about." |
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was stuck for a long time with either no action or drop drop drop, better for the company to clear off those debts, show some result, retrieve back that farm that they were lock out of, before investor re-consider, else its an endless pit. vested~was |
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AwakenTide
Veteran |
28-Jun-2014 18:24
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Dr.Ng trusted the wrong guys in the past, hope he can be more vigilant on sites and accounting issues. For the business turning around to perform better needs our patience on him since abolones take time to grow. Well, we hope he does work harder to clear our disappointments soon.
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think2profit
Master |
28-Jun-2014 14:20
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After so many years of trials and errors, Dr Ng has wasted so much shareholders' fund and shows that he can talk but can' t run biz. Why are there still many people believing in him? |
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AwakenTide
Veteran |
28-Jun-2014 11:41
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Don't miss the boat when it is still cheap to buy or regret later.
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lensman
Member |
28-Jun-2014 09:21
Yells: "nothing to shout about." |
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good luck, chiong arh ! | ||||
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GuavaXF30
Elite |
28-Jun-2014 09:21
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It did break above 2 cents.  There was probably a leak that there was an announcement to be made and there was. But the news is not a good one. The only managed to borrow more money. Already have so high debts and no profit to show for it.  Monday is likely to be a big reversal day unless something else is in the work.
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AwakenTide
Veteran |
27-Jun-2014 15:18
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Agreed... Coming days will break above 2 cents and staying afloat to ride high... Pals, get ready for some good rides :) | ||||
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Demostation
Supreme |
27-Jun-2014 14:29
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Likely to move up to 4 or 5 cents like Adventus did. They good story line is being crafted, so it will satisfy. Buy now when it is cheap.  Company shows turning the tide. |
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lensman
Member |
27-Jun-2014 14:24
Yells: "nothing to shout about." |
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suddenly the crowd disappear ...  |
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kokhong
Senior |
26-Jun-2014 16:20
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looks like buying up quite fierce... |
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GuavaXF30
Elite |
26-Jun-2014 15:50
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This is why fundamentals of the company sometimes irrelevant in SGX. It' s whether the BBs want to play or not. So look out for volume favourites that have been pushed down. Sooner or later, will earn big bucks.
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lensman
Member |
26-Jun-2014 15:44
Yells: "nothing to shout about." |
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anyone know what' s the new news ? suddenly so active ? |
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jonlee77
Member |
17-Jun-2014 13:28
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In China now most trading friends say it is more difficult to sell stuff these days due to higher costs and with RMB appreciating I will most likely hold a look see position till Sept. However internal consumption is still relatively high but it is based on price wars with competitors. Higher costs lower margin internally. External rmb rising, african abalone also well receive globally. I hold no position on this stock just sharing what I heard and found out from business friends I am a fish monger. | ||||
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RoundRound
Elite |
16-Jun-2014 13:26
Yells: "Tikam Tikam can also" |
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Tell u the true, I just have had abalone for lunch, very nice to eat. But this one from SGX I really dare not stomach. Wait get stomach ache I mati (die)
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KepoChicken
Master |
16-Jun-2014 13:21
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my advice is not to long tis stock.. play contra can la
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GuavaXF30
Elite |
16-Jun-2014 08:58
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This is why it' s a 2 cents counter and not any longer a 30-40 cents counter. The price has already been reflected in. Do not worry too much if you had bought around this price.
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oldflyingfox
Master |
14-Jun-2014 19:08
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Look like half good half bad, losses reduced a lot but so does the revenue. EBITDA has turned to pofit but generated a negative cash flow. Page 14 is the interesting to read on, looks like they are trying on new way and new product to generate revenue. This could be a turning point for the company. Share price up or down will see how the big fish going to play it in short term, but look like they have started collecting it before this result.  
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Demostation
Supreme |
14-Jun-2014 16:41
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Wah lau, owed money to electric company until sued to pay via court judgment. Electric company, something like our PUB, also did not want to give chance. Can owed until so much for electric usage? Business must be damn good, lol. The judgment debt is CNY 723,000 or S$116,435.   Dr. Ng, you have a couple of millions through rights, why didn' t pay in time until dirty Company' s name?  Though it is not a big amount, I hope you have paid the judgment debts plus the interests, already.  Pay your bills punctually, please.
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