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LATEST JV TO DEVELOP & MANAGE ENERGY PROJECTS

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go_francis
    01-Nov-2007 16:23  
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[quote="go_francis"][b][size=24]sponsor-supervised board = SESDAQ[/size][/b]

As per SGX Announcement:-

http://www.sgx.com/shareholder/documents/SGX2007SummaryReport.pdf :-
[color=green][size=24][b]SESDAQ[/b] will be transformed to become a [b]sponsor-supervised board[/b].[/size][/color]


http://info.sgx.com/webnewscentre.nsf/b9c790d0d5ba5d2548256dcf0049ce28/48256838002f07b14825736f0030f876?OpenDocument :-

[quote]
Moving forward, SGX expects to launch the new sponsor-supervised board by end 2007
[/quote]

Oculus Announcement @SGX on 16 Oct 2007:-

[quote]

The Board of Directors of Oculus Limited (the ?Company?) is pleased to announce that
the Company has entered into a binding Heads of Agreement (?HOA?) dated 15 October
2007 with Aretae Pte Ltd (?Aretae?) and Mr. David Leong Chee Leng (?Mr. Leong?), Mr.
Tan Teik Chin (?Mr. Tan?) and Mr. Lee Quee Soon (?Mr. Lee?) (the three of them to be
collectively referred to as the ?Key Vendors? in this Announcement) in relation to a
proposed acquisition by the Company of the entire issued and paid-up share capital of
Aretae which will result in a reverse take-over of Aretae (the ?Proposed Acquisition?).
The Proposed Acquisition will be subject to conditions as provided for in the HOA and the
terms and conditions to be agreed and set out in the definitive agreements (the
?Definitive Agreements?) to be entered into between the relevant parties with respect to
the matters contained in the HOA.
In connection with the Proposed Acquisition, the Company will apply for a transfer to the
proposed [b]sponsor-supervised board[/b] (the ?New Board?) to be established by the
Singapore Exchange Securities Trading Limited (?SGX-ST?), when the New Board
becomes operational.

[/quote][/quote]

P168



Joined: 06 Oct 2004
Posts: 1048

PostPosted: Mon Oct 29, 2007 12:04 pm    Post subject: Reply with quote

P168 wrote:
go_francis wrote:
Yo!

After so many frustrated losses in Aug/Sep, I only remain vested in few counters for mid-term to long term...

- one of them is Oculus!

It is now my Fixed Deposit A/C.
Hopefully It will fly soon!

Very Happy


Hi Go Francis,

Good thing you had done that to your Fixed Deposit a/c in Oculus, it shall inch upwards over the period of months, before CNY time I hope.

We must always have the thinking and mindset here that if we lose money in Oculus, then the syndicated parties and new mgmt would lose much more money or I should say opportunity cost $$$ than us at Oculus.

I am quite certain that we would be doing very fine here over time. Wink


Scripts are tightly held and it would be at the mercy of the controlling parties to up or down in this accumulation acts, let's see how it goes, buy it cheap is the main investing objective. Laughing Laughing Laughing

ECO and Energy sectors would be the spotlights even for the next few years, please take good note on that findings.
Idea
 
 
dlimck
    01-Nov-2007 15:54  
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Dear 787180 where are u???

Any views on Oculus now?

Price only drop no up leh?
 
 
dlimck
    01-Nov-2007 14:26  
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Now from 0.3 buy up to 0.31. Dun tell me is another roller coaster ride?

Let's see whether can substain without dropping.

Importantly is substainable price....

 
 

 
hyun78e
    01-Nov-2007 13:04  
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yep.. I didn't it with sinostar too. understand your feeling 200 percent.
 
 
dlimck
    01-Nov-2007 12:44  
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I understand how macuser feels. Relieved when you let go.

All of us feel stressed up when you see Oculus going down day by day.

I am still holding on tight to her..... Really hope this great singapore sales end soon.
 
 
macuser
    01-Nov-2007 11:16  
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i have sold my oculus.lost 3k.at least im happy that i didnt worry too much abt oculus go up or down.
 

 
fsl123
    01-Nov-2007 11:12  
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Seem that the sale down still going on ... price dont know will go down further or not .. Smiley
 
 
hyun78e
    01-Nov-2007 10:41  
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oo..okay. thanks..

by the way,, I bought more..hahaha.  

carbon trading is one of the new market trend it will be long term. a lot of media is talking about and I think it's very very feasible. Only problem is uncertainty with RTO approval, but I heard they are cash rich with 100million dollars in their disposal and so rich that they aborted the initial shaer placment. if this is true.. worth waiting I guess.
 
 
fsl123
    01-Nov-2007 10:32  
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The info is avail at the 'Time and Sales' funciton in the trading system ...
 
 
hyun78e
    01-Nov-2007 10:18  
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can you tell me  where can I see that?..
 

 
dlimck
    01-Nov-2007 09:57  
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See... Sell down 1400 lots @ 0.305

 

 
 
 
hyun78e
    01-Nov-2007 09:43  
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Yep... my 400lots are super glued...Smiley
 
 
dlimck
    01-Nov-2007 09:17  
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Let's crossed our fingers now....

This counter have been dropping for days...

Hope today no more selling down....
 
 
hyun78e
    01-Nov-2007 09:13  
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yeah... I hope so too.. but it's now going up... making me to hold it again.. I think should go up to day back to 32.5Cents.
 
 
macuser
    01-Nov-2007 05:16  
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Hi CSK1217,tks so much for your advice.i bought 30lots @ 0.400 now im letting it go @0.300.hopefully can sell it at 30cents.felt that 3k lost is a lot but some other lost more than me,more than 30k etc..so,i should say im lucky that i didnt loose all.
 

 
csk1217
    31-Oct-2007 22:38  
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Bro n sis pls wake up!!!! All news regarding the RTO are for long term wan... Waiting it jump up to 50cts or 60cts soon??????? if so easy everyone can make big money liao.. dun forget, all tis news are available for public.. 36cts said hold, 33cts hold again, now 29.5cts liao, shld hold somemore????????? The chart pattern shown tht Oculus is on downtrend now la.. Everyday open high closed low..Stil in distribution... somemore very low q vol on 26.5cts to 29.5cts... tis counter is like Banjoo.. keep on dropping bcoz of uncertainty of the RTO... Rowley is another good example... No counter can hot forever if there is lack of realised news..... Hope tmr got good news after Fed announcement.. wait n see la... Smiley
 
 
hyun78e
    31-Oct-2007 16:51  
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This counter is now very very well know counter not to touch... I don't think they are new buyers..
 
 
fsl123
    31-Oct-2007 16:40  
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Could these ppl sell without the share then when the price drop they buy back ?
 
 
hyun78e
    31-Oct-2007 16:33  
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I am wondering who is buying up all the sell? realised the volume can be listed in top 20 soon. if this is so risky.. who is that brave heart?
 
 
melvinaw
    31-Oct-2007 16:28  
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Indeed it drops more now @0.295 - 0.300 
 
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