
Imma answer that question
Cause SunMoon is negative asset value per share by a large amount. 
Oceanus wins hand down.
  It still have assets, still have wealthy investors, still priced below NAV , and is a supergrowth industry.
Give it some years.Yes the recent disaster   is one time. But 40 cents to 3 cents. Its kinda a buy and hold kind of thing 
 
As Mr Bopanha said
Money on Oceanus means betting for a high return if the business rolls out well.The word is IF and the Return is very high based on current undervalued mode.
It could climb up all the way to 40 cents again as it did sometime back and also from the 3 cents level . now its   3 cents. all it takes its a push in the right direction.
I think 19 is the financials release date.
from last financials release till now share price has dropped tremendously
super negative expectations priced in before released.
not saying TP 40 cents.10 cents would be good. : )and looks possible. 
 
tonylim ( Date: 14-Nov-2012 16:37) Posted:
|
SunMoon also sells abalon but  share price is very low.  Why is it so? 
Bopanha ( Date: 14-Nov-2012 16:26) Posted:
|
Price is now very low. Has to consider one's finance to buy and hold.  Two options to consider.  Money in the bank for one year, make some safe interests.  Money on Oceanus means betting for a high return if the business rolls out well.
Juzztrade ( Date: 14-Nov-2012 16:17) Posted:
|
Very tempted by delicious abalone
Wow, you are really very observant and watchful.  I must respect you for what you are doing.  Yes, I am also vested from a high point, sometimes sell abit sometimes everything, but with every drop, I usually buy a few not to overload but to find value which eventually may be realized.  Now nearly 2 million shares. Cheers.
JustinQuek ( Date: 14-Nov-2012 15:30) Posted:
|
now machiam like horse meat 0.27 .0.28 become resistance
at 4 o clock  may breakout.
then its shoulder and bottom.
yes i believe you are a long ago investor for oceanus that seen it went downhill from the 20 cents period.
market is full of fear especially for oceanus but
i dont see why there is a need to be fearful  when appropriate homework of calculations are done.
yes things may drop drop here and there for other stocks also like noble yzj and genting
but oceanus is a super growth stock. that just needs some confidence and you will see mad buying.
but most people buy too high sell too low
just hope that story of investing when people are fearful will be spoken by me as a success one in years to come.
Bopanha ( Date: 14-Nov-2012 15:21) Posted:
|
Everyone is so full of fear of the market now, and yet you are the contrarian especially for Oceanus.  It is good to know there are still believers of good things to come.  Hope you are right. Lol.
come join the horse for  a possible breakout soon!
JustinQuek ( Date: 14-Nov-2012 14:39) Posted:
|
yes its called value investing
its not a dead  horse
Its a dark horse arising
after being dead and kicked by shortists  for very long it will rise up in the darkness and gallop again.and i will be on it.
GuavaXF30 ( Date: 14-Nov-2012 12:05) Posted:
|
You seriously still on this dead horse ?
JustinQuek ( Date: 13-Nov-2012 20:31) Posted:
|
Target Price 10 cents.(+300% Upside)
WHY 10 cents despite the shit price its around now
Risk
Cashflow
Solutions to Risk
Loan was allowed to go further to 3 years and is now non current liability . Frees up some room. Hence solves my concern. Fact that company manage to get investors to invest in company also shows a ' I want to survive approach'.
Reward
Supergrowth company with empty tanks for potential and a good wake up call to management
Price used to be traded at a much higher premium to NAV 
Positive Events im looking at(Basically Gradual Recovery)
- Next financial results and the fact it will suck less than q3 last year which was a disaster
- Lunar New year which will be good for q4
- Next year which management believes that it will start going into the black .so no hopes of it turning profits this year.  if it does its very good news. just need to ensure that costs are lowered assets increase etc.
Lunar New Year Coming!
Buy and enjoy the delicious abalone...
hope the pre congrats words come true again!
JustinQuek ( Date: 05-Nov-2012 06:52) Posted:
|
Tomorrow high chance to breakout. and start climbing up
 
PRE-CONGRATS to all who vested at 28 cents!
 
I have never thought, I meet someone more prudent than me.
xing78 ( Date: 13-Nov-2012 18:53) Posted:
|
ok, i shall enter at 0.001cents. either win 100% or loss 100%
Just balancing my RISK vs REWARD by entering at justifiable accepted low price. Nice to see you too.
JustinQuek ( Date: 12-Nov-2012 21:10) Posted:
|
oh wow u are still here in this forum.great to see you 
hmmmmm 0.018  
you are indeed value for money. 
Awaiting price drops to Sgd. 0.018 level, I shall start buying.
JustinQuek ( Date: 12-Nov-2012 17:31) Posted:
|