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OCEANUS (No.1 in abalone farming): Venturing into Post Reply Rate topic
AwakenTide Veteran	14-Jun-2014 16:09        AwakenTide About Contact  Quote this Post!
x 0   x 0  Alert Admin	Really? Pls give us the internet link Market888      ( Date: 14-Jun-2014 13:15) Posted: OCEANUS BLACKLISTED IN CHINA -  Just to share with all of you news on Oceanus - can be found on Internet:   百 度 提 醒 您 ： 该 企 业 已 被 列 入 全 国 失 信 被 执 行 人 名 单 中 ！ 查 看 全 国 失 信 被 执 行 人 名 单 被 执 行 人 姓 名 /名 称 ：       欧 圣 （ 中 国 ） 养 殖 有 限 公 司 身 份 证 号 码 /组 织 结 构 代 码 ：       771002426 法 定 代 表 或 者 负 责 人 姓 名 ：       黄 子 耀 执 行 法 院 ：       漳 浦 县 人 民 法 院 省 份 ：       福 建 执 行 依 据 文 号 ：       (2014)浦 执 行 字 第 00272号 立 案 时 间 ：       2014年 05月 13日 案 号 ：       (2013)浦 民 初 字 第 2566号 做 出 执 行 依 据 单 位 ：       漳 浦 县 人 民 法 院 生 效 法 律 文 书 确 定 的 义 务 ：       被 告 欧 圣 （ 中 国 ） 养 殖 有 限 公 司 应 在 本 判 决 生 效 后 十 五 日 内 付 给 原 告 漳 浦 县 信 通 电 器 实 业 有 限 公 司 工 程 款 人 民 币 723000元 及 利 息 （ 从 2011年 8月 12日 至 本 判 决 确 定 清 偿 之 日 止 ， 按 银 行 同 期 同 类 贷 款 利 率 计 算 ） 。 如 果 未 按 本 判 决 指 定 的 期 间 履 行 给 付 金 钱 义 务 ， 应 当 依 照 《 中 华 人 民 共 和 国 民 事 诉 讼 法 》 第 二 百 五 十 三 条 之 规 定 ， 加 倍 支 付 迟 延 履 行 期 间 的 债 务 利 息 。 本 案 案 件 受 理 费 人 民 币 11937元 ， 减 半 收 取 5968.50元 ， 由 欧 圣 （ 中 国 ） 养 殖 有 限 公 司 负 担 。 被 执 行 人 的 履 行 情 况 ：       全 部 未 履 行 失 信 被 执 行 人 行 为 具 体 情 形 ：       其 他 有 履 行 能 力 而 拒 不 履 行 生 效 法 律 文 书 确 定 义 务
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papayaface Supreme	14-Jun-2014 15:02        papayaface About Contact  Quote this Post!   Yells: "This is the best time to enter....when everythings uncertain"
x 0   x 0  Alert Admin	Omg, why this kind of news the company don' t defend to clear its name. If the investors become aware of it, no one will dare bet  their money on them. With its poor record, it should be a micro penny stock worth less than  0.1 cts. Time to avoid it. Good luck.
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Market888 Member	14-Jun-2014 13:15        Market888 About Contact  Quote this Post! Style: Combined   Mood: Yells: " Value investors look at cash flows"
x 0   x 0  Alert Admin	OCEANUS BLACKLISTED IN CHINA -  Just to share with all of you news on Oceanus - can be found on Internet:   百 度 提 醒 您 ： 该 企 业 已 被 列 入 全 国 失 信 被 执 行 人 名 单 中 ！ 查 看 全 国 失 信 被 执 行 人 名 单 被 执 行 人 姓 名 /名 称 ：       欧 圣 （ 中 国 ） 养 殖 有 限 公 司 身 份 证 号 码 /组 织 结 构 代 码 ：       771002426 法 定 代 表 或 者 负 责 人 姓 名 ：       黄 子 耀 执 行 法 院 ：       漳 浦 县 人 民 法 院 省 份 ：       福 建 执 行 依 据 文 号 ：       (2014)浦 执 行 字 第 00272号 立 案 时 间 ：       2014年 05月 13日 案 号 ：       (2013)浦 民 初 字 第 2566号 做 出 执 行 依 据 单 位 ：       漳 浦 县 人 民 法 院 生 效 法 律 文 书 确 定 的 义 务 ：       被 告 欧 圣 （ 中 国 ） 养 殖 有 限 公 司 应 在 本 判 决 生 效 后 十 五 日 内 付 给 原 告 漳 浦 县 信 通 电 器 实 业 有 限 公 司 工 程 款 人 民 币 723000元 及 利 息 （ 从 2011年 8月 12日 至 本 判 决 确 定 清 偿 之 日 止 ， 按 银 行 同 期 同 类 贷 款 利 率 计 算 ） 。 如 果 未 按 本 判 决 指 定 的 期 间 履 行 给 付 金 钱 义 务 ， 应 当 依 照 《 中 华 人 民 共 和 国 民 事 诉 讼 法 》 第 二 百 五 十 三 条 之 规 定 ， 加 倍 支 付 迟 延 履 行 期 间 的 债 务 利 息 。 本 案 案 件 受 理 费 人 民 币 11937元 ， 减 半 收 取 5968.50元 ， 由 欧 圣 （ 中 国 ） 养 殖 有 限 公 司 负 担 。 被 执 行 人 的 履 行 情 况 ：       全 部 未 履 行 失 信 被 执 行 人 行 为 具 体 情 形 ：       其 他 有 履 行 能 力 而 拒 不 履 行 生 效 法 律 文 书 确 定 义 务
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RoundRound Elite	14-Jun-2014 11:55        RoundRound About Contact  Quote this Post! Style: Flexible   Mood: Yells: "Tikam Tikam can also"
x 0   x 0  Alert Admin	Oceanus investors or speculators are now entering into a High Risk High Return scenario. Either you end up losing big or making big. Like what have had happened to some other counters. You can see your return multiply multi-fold or tank to almost nothingness like Teledata or Sky China Demostation      ( Date: 14-Jun-2014 11:13) Posted: Heard Big funds are going to catch the shortists and make them pay heavily.   Hahaha. I have not yet vested, will buy some next week. Shortists selling will generally be absorbed. Lol.
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Demostation Supreme	14-Jun-2014 11:13        Demostation About Contact  Quote this Post!
x 0   x 0  Alert Admin	Heard Big funds are going to catch the shortists and make them pay heavily.   Hahaha. I have not yet vested, will buy some next week. Shortists selling will generally be absorbed. Lol.
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papayaface Supreme	14-Jun-2014 10:28        papayaface About Contact  Quote this Post!   Yells: "This is the best time to enter....when everythings uncertain"
x 0   x 0  Alert Admin	Wah lau, still dare to accumulate. This company has been raising funds  every other year and still keep bleeding for unfortunate reasons. The fengsui is really bad, i feel and many many big investment funds have plundered in humongous amounts of funds hoping to see some light, but alas they are still waiting. Wonder why any one would still continue to support this high risk business.  Good luck.
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AwakenTide Veteran	14-Jun-2014 08:41        AwakenTide About Contact  Quote this Post!
x 0   x 0  Alert Admin	Oceanus is not at the verge of failing. Not as bad as those exaggerating. Time for accumulation instead if people sell down. KepoChicken      ( Date: 14-Jun-2014 07:51) Posted: got profit meh... funny AwakenTide      ( Date: 14-Jun-2014 07:10) Posted: Better than the past since it is profiting now, a good start for year 2014. Generally people hardly see the improvements, only noticed the weak points.
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KepoChicken Master	14-Jun-2014 07:51        KepoChicken About Contact  Quote this Post!
x 0   x 0  Alert Admin	got profit meh... funny AwakenTide      ( Date: 14-Jun-2014 07:10) Posted: Better than the past since it is profiting now, a good start for year 2014. Generally people hardly see the improvements, only noticed the weak points.
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AwakenTide Veteran	14-Jun-2014 07:10        AwakenTide About Contact  Quote this Post!
x 0   x 0  Alert Admin	Better than the past since it is profiting now, a good start for year 2014. Generally people hardly see the improvements, only noticed the weak points.
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enjoylife77 Veteran	14-Jun-2014 03:33        enjoylife77 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Better sell into stength when syndicate push it up again. Think this is following the pattern of Transcu or Adv SCT.
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GuavaXF30 Elite	13-Jun-2014 23:47        GuavaXF30 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Relax. This is SGX counter. Short term panic but will see stability when traders have digested the news. Case in point is JES which is seeing recovery since their auditors marked them as a going concern. AldarSorouh      ( Date: 13-Jun-2014 19:37) Posted: You' re assuming that they can survive till sept. Auditors questioned tt assumption esp since Oceanus needs the loans or additional financing to survive. " The ability of the Company and the Group to continue as going concerns for the next twelve months is dependent on the successful issue of the Loans and Warrants as stated in Note 37 to the financial statements. We have not been able to ascertain if this issue will materialise for the Company and the Group to pay their debts as and when they fall due" jonlee77      ( Date: 13-Jun-2014 19:22) Posted: thanks for the heads up roundround. look see untill sept to see if they are any good at securing cny orders or not. off to other play grounds.
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RoundRound Elite	13-Jun-2014 23:05        RoundRound About Contact  Quote this Post! Style: Flexible   Mood: Yells: "Tikam Tikam can also"
x 0   x 0  Alert Admin	Bro, they are doing what a lot of commodity firms using **biological assets**. i.e. baby abalone = small asset. Bigger abalone = bigger asset to pump up their balance sheet. So NTA can be dressed up beautifully to entice innocent investors this way. foucs69      ( Date: 13-Jun-2014 20:30) Posted: haha maybe is Shortie spread bad news.....Monday he going to short again.. ah Demostation      ( Date: 13-Jun-2014 20:28) Posted: No leh. The NTA is positive, so total liabilities cannot exceed total assets. Furthermore EBITDA is positive, meaning the business makes money, but the accounting provided that taxes, depreciation and amortisation are to be taken into it.
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Tempest Master	13-Jun-2014 22:32        Tempest About Contact  Quote this Post!
x 0   x 0  Alert Admin	Result is out. Anyone good with balancesheet. How is the report. Good? Monday reaction?
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foucs69 Veteran	13-Jun-2014 20:30        foucs69 About Contact  Quote this Post!
x 0   x 0  Alert Admin	haha maybe is Shortie spread bad news.....Monday he going to short again.. ah Demostation      ( Date: 13-Jun-2014 20:28) Posted: No leh. The NTA is positive, so total liabilities cannot exceed total assets. Furthermore EBITDA is positive, meaning the business makes money, but the accounting provided that taxes, depreciation and amortisation are to be taken into it.
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Demostation Supreme	13-Jun-2014 20:28        Demostation About Contact  Quote this Post!
x 0   x 0  Alert Admin	No leh. The NTA is positive, so total liabilities cannot exceed total assets. Furthermore EBITDA is positive, meaning the business makes money, but the accounting provided that taxes, depreciation and amortisation are to be taken into it.
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jonlee77 Member	13-Jun-2014 19:58        jonlee77 About Contact  Quote this Post!
x 0   x 0  Alert Admin	cash flow of just a little over 1.1mil rmb for a listed company not normal at all plus short term debts waiting to collect and the liabilities more then assets. will take a magician to turn it around in the short term
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jonlee77 Member	13-Jun-2014 19:52        jonlee77 About Contact  Quote this Post!
x 0   x 0  Alert Admin	thats one of the lines that puts me off. their p& l and bal sheet also in mess somemore all cannot be verified by auditors. with this sort of words from the auditors i wounder what SGX will do to them. makes me wonder where all the money went. the scariest part is their going concern is now a concern.
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AldarSorouh Member	13-Jun-2014 19:37        AldarSorouh About Contact  Quote this Post!
x 0   x 0  Alert Admin	You' re assuming that they can survive till sept. Auditors questioned tt assumption esp since Oceanus needs the loans or additional financing to survive. " The ability of the Company and the Group to continue as going concerns for the next twelve months is dependent on the successful issue of the Loans and Warrants as stated in Note 37 to the financial statements. We have not been able to ascertain if this issue will materialise for the Company and the Group to pay their debts as and when they fall due" jonlee77      ( Date: 13-Jun-2014 19:22) Posted: thanks for the heads up roundround. look see untill sept to see if they are any good at securing cny orders or not. off to other play grounds.
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jonlee77 Member	13-Jun-2014 19:22        jonlee77 About Contact  Quote this Post!
x 0   x 0  Alert Admin	thanks for the heads up roundround. look see untill sept to see if they are any good at securing cny orders or not. off to other play grounds.
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RoundRound Elite	13-Jun-2014 18:56        RoundRound About Contact  Quote this Post! Style: Flexible   Mood: Yells: "Tikam Tikam can also"
x 1   x 0  Alert Admin	Read SGX announcement. Very long lah jonlee77      ( Date: 13-Jun-2014 18:50) Posted: roundround can tell us more on the issues the auditors brought out?
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