OIO    Last:0.03   -

Why no people talk about this IPO

I think it is not a matter of confidence in the company, but a matter of whether the price has far outrun its current
fundamentals, even if it is a company with great potential.
Let' s take a look at some numbers. All data from Shareinvestor.

EPS    :    -$0.00468
Cash in hand    :    $0.0019
Shares :    179,390,000
Free float    :    10.3%  (ie 18,477,170)
Current ratio    :    0.152

Moonstake asssets staked :    US858,256,242

If their earning is 0.5%, gross earnings per sharengs per share  is US$0.0239

If, say, their assets staked double in 1 year, assets staked will be US$1,716,512,484

Gross earnings per share US$0.0478

Say their net profit margin is 50%, net profit per share is about US 2.4c.

This is a very simplistic calculation, but it gives me a rough idea of their current state of affairs.

Even with their potential, does the current situation warrant a price of 60c per share.

Judge for yourself.

Just my thoughts, I am probably totally wrong, please dyodd.

if-only      ( Date: 05-Jul-2021 21:05) Posted: yup, saw the notification to SGX.  Very very disappointed that CEO sold 500,000 share at 0.38 / 0.385 on Friday while we are chasing this stock.  Does it means that he is losting confidence in his company?  Sian ahberngh      ( Date: 05-Jul-2021 20:16) Posted: Director Fan Chee Seng sold 50,000 share at $0.385 and 450,000 shares at $0.380.

 

The CB prevents placing of orders beyond the current price band. In simple words, to prevent shortists from selling and putting in a buy order now at a very low price hoping it will drop to that level.

zillion      ( Date: 06-Jul-2021 09:25) Posted: notice keep going up no circuit breaker now have, how does it works?

 

This stock later BB u-turn shortist jialat

 

Yesterday up 20c no circuit breaker ...today down 10c ..got circuit breaker..I m also confused..

zillion      ( Date: 06-Jul-2021 09:25) Posted: notice keep going up no circuit breaker now have, how does it works?

 

notice keep going up no circuit breaker now have, how does it works?

 

It may be a circuit breaker for OIO to cool down or it may be a trap for short seller.
For those short seller, DYOD and just be careful 

wehuattogether88      ( Date: 06-Jul-2021 09:13) Posted: Circuit breaker for OIO

 

Circuit breaker for OIO

 

Probably the share is fully valued at that price

if-only      ( Date: 05-Jul-2021 21:05) Posted: yup, saw the notification to SGX.  Very very disappointed that CEO sold 500,000 share at 0.38 / 0.385 on Friday while we are chasing this stock.  Does it means that he is losting confidence in his company?  Sian ahberngh      ( Date: 05-Jul-2021 20:16) Posted: Director Fan Chee Seng sold 50,000 share at $0.385 and 450,000 shares at $0.380.

 

Moonstake the focus point... Imo.... 😅

if-only      ( Date: 05-Jul-2021 21:05) Posted: yup, saw the notification to SGX.  Very very disappointed that CEO sold 500,000 share at 0.38 / 0.385 on Friday while we are chasing this stock.  Does it means that he is losting confidence in his company?  Sian ahberngh      ( Date: 05-Jul-2021 20:16) Posted: Director Fan Chee Seng sold 50,000 share at $0.385 and 450,000 shares at $0.380.

 

 

 

What is Staking?

In the cryptocurrency world, staking refers to &ldquo locking up&rdquo a digital asset by &ldquo staking&rdquo it to secure a blockchain network. In exchange for helping to secure the network, participants who stake their coins receive a share in the block reward in the form of newly minted coins.

Staking is an integral part of a Proof-of-Stake (PoS) consensus mechanism. Proof-of-Stake requires network participants to stake the network&rsquo s native asset to achieve distributed consensus. Block rewards are attributed to stakers using a combination of random selection and the size of the stake (measured by the number of tokens) that have been provided.

Unlike its predecessor, the Proof-of-Work (PoW) consensus algorithm, which has been made popular by Bitcoin, PoS does not require machines to make energy-intense calculations to solve a puzzle. As a result, PoS is considered a more environmentally-friendly alternative, and many consider it the future of consensus protocols.

What Are Staking-as-a-Service Platforms?

Staking-as-a-Service platforms enable crypto investors to stake their stakable PoS digital assets via a third-party service that takes care of the technical aspect of the staking process.  For this service, platforms charge a fee &ndash usually a percentage of the staking rewards.

The idea behind Staking-as-a-Service platforms is to enable anyone &ndash even those without technical knowledge &ndash to take part in the staking economy.

They lower the (technological) barriers to entry so that anyone can earn tokens by providing them as a stake in a PoS network. The use of third-party staking services is often referred to as &ldquo soft staking.&rdquo

In addition to pure staking-as-a-service platforms, several leading exchanges have also launched staking services dubbed &ldquo exchange staking.&rdquo

Exchange staking enables investors to leave their PoS stakable assets in their trading account&rsquo s wallets to earn &ldquo interest&rdquo in the form of fresh tokens. The exchange handles the technical side of the process and (usually) charges a small percentage fee for that service.

 

One-off fee? Or recurring?

merlin_magic      ( Date: 05-Jul-2021 21:15) Posted: Ok. Let' s do a reasonableness test of the recurring income... It is said that the staking commission is expected to be 0.3-0.5% of the staking asset Assuming the staking asset is USD $1b. So the recurring commission is USD $5m at most.... Is USD $5m a lot?

 

Ok. Let' s do a reasonableness test of the recurring income...
It is said that the staking commission is expected to be 0.3-0.5% of the staking asset
Assuming the staking asset is USD $1b.
So the recurring commission is USD $5m at most....

Is USD $5m a lot?

 

 

yup, saw the notification to SGX.  Very very disappointed that CEO sold 500,000 share at 0.38 / 0.385 on Friday while we are chasing this stock.  Does it means that he is losting confidence in his company?  Sian

ahberngh      ( Date: 05-Jul-2021 20:16) Posted: Director Fan Chee Seng sold 50,000 share at $0.385 and 450,000 shares at $0.380.

 

Director Fan Chee Seng sold 50,000 share at $0.385 and 450,000 shares at $0.380.

 

Luckily collected Singmyanmar 0.07 last friday and sold @0.20, otherwise see this OIO bang wall.

fighting      ( Date: 02-Jul-2021 12:41) Posted: Took my profit @0.370, Friday's gravity is always stronger fighting      ( Date: 02-Jul-2021 09:25) Posted: Now fast and steady

 

😁 .... Ya... Just dreaming of 80s in near term.... Anyway, got dream got hope, no dream no hope liao..... Looking forward to BIG PoS day.....

easywin      ( Date: 05-Jul-2021 17:18) Posted: 80cts also very unlikely liow dun think so far can go mad. Contratrader      ( Date: 05-Jul-2021 16:47) Posted: Maybe Christmas  $2 le...hahaha.

 

80cts also very unlikely liow dun think so far can go mad.

Contratrader      ( Date: 05-Jul-2021 16:47) Posted: Maybe Christmas  $2 le...hahaha.. easywin      ( Date: 05-Jul-2021 16:41) Posted: Profit so much still dun take, waiting for Christmas

 

Ups and downs are common for stock trading ...if the stock got real potential .
..it will slowly moves along the course...

luckyfa      ( Date: 05-Jul-2021 17:09) Posted: Think alike.. 😁 😁 😁 and could be more than few $ dollars...This recent playup likely could be its good business nature.... Initially wanted to let go more but decided to holdon again as up/down too fast for my hand to action..😅 . Contratrader      ( Date: 05-Jul-2021 16:47) Posted: Maybe Christmas  $2 le...hahaha.