Oceanus    Last:0.006   -

Earning money with Ocean King.Potential Upside hig

yea dont play support ...let this guy dispose at real cheap prices. 

 

 

 

He still owns 6.99% of Oceanus shares, with S$0.041 price, that's S$7.3 million, still a tidy sum of money for him even at this price level.

No. of shares held after the change	0	178,589,659
As a percentage of issued share capital	0 %	6.99 %

srichipan      ( Date: 19-Oct-2012 11:03) Posted: any idea how much share the ex ceo still has left to sell?

 

 

yea previously i bought china minzhong went really far down then bounce up alot i sell make profit. didint know can bounce up alot more.cause many shortists were still shorting.

 

Now shortists are super greedy keep shorting and shares are being dump.people are getting margin called contra is out etc.

A perfect scenario to accumulate cheap .but not yet accumulating until i see the 170 million shares have been dump to retailers.

 

Rule 1: Never assume the market is smart. or efficient. : Efficient Market Hypothesis 

 

I wonder what's the price ex-CEO got for his share...

Bopanha      ( Date: 19-Oct-2012 10:16) Posted: Previous poor showing does not indicate future performance unless there are adverse indications.  But the right circumstances could also herald a recovery for the company. Currently the share price has been pressured by open market sale by the ex-ceo,  who sold everything he had with a remainder 170 million shares that might undoubted further dampen prices if thrown into the open market. However, considering the more than 20 big committed investors, 170 million shares is nothing to them.  All it takes is $1 million from each of them.  $1 is nothing to these people.  So I believe at some point in time when the price is right, the ex-ceo shares will be taken up even if in the open market.  Of course it would be better if they arrange with him on a private P& S, to prevent further price pressure or rampant selling by short sellers. GuavaXF30      ( Date: 19-Oct-2012 09:37) Posted: Listen Bro. They raise a large amount of cash from their dual listing two years ago which has been generally used up covering all these loses. Plus there are loans and bonds outstanding still. Last six months results shows loss of RMB 120 mil versus previous period gain of RMB 63 mil. Cash flow seems to have improved a bit but is still in the negative. Which suggest they are still running down on their cash positions as well. Not a place to put your hard earned cash if you ask me. Too risky

 

Hulumas, long time no see.. :)

Hulumas      ( Date: 19-Oct-2012 09:34) Posted: Long term slowly down trended consolidation is in progress now. Bopanha      ( Date: 19-Oct-2012 09:29) Posted: These couple of days money from market has gone into IPOs, so when stags and small players dispose of their IPO shares, can we expect the funds to return to penny stocks such as Oceanus, etc.  Wait a while, probably next week.

 

any idea how much share the ex ceo still has left to sell?

 

Previous poor showing does not indicate future performance unless there are adverse indications.  But the right circumstances could also herald a recovery for the company.

Currently the share price has been pressured by open market sale by the ex-ceo,  who sold everything he had with a remainder 170 million shares that might undoubted further dampen prices if thrown into the open market.

However, considering the more than 20 big committed investors, 170 million shares is nothing to them.  All it takes is $1 million from each of them.  $1 is nothing to these people.  So I believe at some point in time when the price is right, the ex-ceo shares will be taken up even if in the open market.  Of course it would be better if they arrange with him on a private P& S, to prevent further price pressure or rampant selling by short sellers.

GuavaXF30      ( Date: 19-Oct-2012 09:37) Posted: Listen Bro. They raise a large amount of cash from their dual listing two years ago which has been generally used up covering all these loses. Plus there are loans and bonds outstanding still. Last six months results shows loss of RMB 120 mil versus previous period gain of RMB 63 mil. Cash flow seems to have improved a bit but is still in the negative. Which suggest they are still running down on their cash positions as well. Not a place to put your hard earned cash if you ask me. Too risky. JustinQuek      ( Date: 18-Oct-2012 12:26) Posted:   its nice that they declare the dead abalones actually.     Shows much honesty and transparency now. Considering to load more if the next financials go according to my direction.

 

Listen Bro. They raise a large amount of cash from their dual listing two years ago which has been generally used up covering all these loses. Plus there are loans and bonds outstanding still.

Last six months results shows loss of RMB 120 mil versus previous period gain of RMB 63 mil. Cash flow seems to have improved a bit but is still in the negative. Which suggest they are still running down on their cash positions as well.

Not a place to put your hard earned cash if you ask me. Too risky.

JustinQuek      ( Date: 18-Oct-2012 12:26) Posted:   its nice that they declare the dead abalones actually.     Shows much honesty and transparency now. Considering to load more if the next financials go according to my direction.

 

Long term slowly down trended consolidation is in progress now.

Bopanha      ( Date: 19-Oct-2012 09:29) Posted: These couple of days money from market has gone into IPOs, so when stags and small players dispose of their IPO shares, can we expect the funds to return to penny stocks such as Oceanus, etc.  Wait a while, probably next week. jackjames      ( Date: 19-Oct-2012 09:21) Posted: very tempted to buy at $0.042 just now..

 

These couple of days money from market has gone into IPOs, so when stags and small players dispose of their IPO shares, can we expect the funds to return to penny stocks such as Oceanus, etc. 

Wait a while, probably next week.

jackjames      ( Date: 19-Oct-2012 09:21) Posted: very tempted to buy at $0.042 just now..

 

very tempted to buy at $0.042 just now..

 

unloaded for the sake of another counter.

http://stockmarketmindgames.blogspot.sg/2012/10/oceanus-out.html 

 

 

its nice that they declare the dead abalones actually.

 

 

Shows much honesty and transparency now. Considering to load more if the next financials go according to my direction. 

 

 

yea it could go up alot when everyone has unloaded at a cheap price .do you notice high volume at low prices and its going nowhere for many months.Yet there are months where investors are vested in in millions 

Bopanha could be true.it could be whatever price they want it to be when everyone has unloaded.

or if In CNY they have good news wow stock price will rocket.because everyone will be in abalone mood back then. 

 

The other side of the coin could also be true, that it might go beyond 45 cents when everyone has unloaded, and the shares got into the hands of some one who kept buying for a reason, and to push up later.  Maybe it could be $1.00 in a year's time, can't say no to this, can you? Lol.

GuavaXF30      ( Date: 18-Oct-2012 10:31) Posted: Any counter that can attribute big losses to " Acts Of God" better stay away from. It means even God against it ! Just because price used to be 45 cents has absolutely no relevance on  where the price will head. In fact, may actually mean that too many people got burnt and will not be looking at it again. Bopanha      ( Date: 17-Oct-2012 14:28) Posted: An example of a good investment turned sour, just because of " acts of God" .  (I am thinking of no foul play, give the benefit of the doubt).

 

i like buying when there is panic   and when i can get the stock i like real cheap 

 

Its no good to chase High Premium Price stocks.

Especially when i have done much research, i will keep this for sometime. 

GuavaXF30      ( Date: 18-Oct-2012 10:31) Posted: Any counter that can attribute big losses to " Acts Of God" better stay away from. It means even God against it ! Just because price used to be 45 cents has absolutely no relevance on  where the price will head. In fact, may actually mean that too many people got burnt and will not be looking at it again. Bopanha      ( Date: 17-Oct-2012 14:28) Posted: An example of a good investment turned sour, just because of " acts of God" .  (I am thinking of no foul play, give the benefit of the doubt).

 

Any counter that can attribute big losses to " Acts Of God" better stay away from. It means even God against it !

Just because price used to be 45 cents has absolutely no relevance on  where the price will head. In fact, may actually mean that too many people got burnt and will not be looking at it again.

Bopanha      ( Date: 17-Oct-2012 14:28) Posted: An example of a good investment turned sour, just because of " acts of God" .  (I am thinking of no foul play, give the benefit of the doubt).   JustinQuek      ( Date: 17-Oct-2012 12:55) Posted:   used to have a share price of 45 cents ...so sad it turn out this way. hopefully it can go back to that price in time to come

 

Despite all the sell down and contra players exiting. 

Its a good time to buy and hold

chances that you have gotten a very good deal at this price compared to the big buyers who pumped in millions at a share price of 7.2 cents some time ago.

 

come come lip lai.

buy and hold for mid term. 

 

 

looks like a reversal 

 

An example of a good investment turned sour, just because of " acts of God" .  (I am thinking of no foul play, give the benefit of the doubt).  

JustinQuek      ( Date: 17-Oct-2012 12:55) Posted:   used to have a share price of 45 cents ...so sad it turn out this way. hopefully it can go back to that price in time to come