
OCEANUS
should invite all shareholders to an
ABALONE PARTY
TASTE the ABALONES
GiVE their FEEDBACK
to the
BOARD and MANAGEMENT
Under-valued n mispriced....
In Taiwan, it's trading at TWD13.90 = SGD$0.593, up about 10% within 3 days. You can see for yourself
http://www.bloomberg.com/apps/quote?ticker=910579:TT



Oceanus is moving sideway for the time being.
http://mystocksinvesting.com/singapore-stocks/oceanus/oceanus-moving-sideway/
OCEANUS START TO CHIONGGGG LIOW!!!!



Hope it CHIONG



tea444u ( Date: 26-Jul-2010 20:07) Posted:
|
Ai CHIONG LIOW ARH!!!
TP 0.43 from DMG

Oceanus announced revised indicative timeline for the second TDR Programme (SGXnet)
The news: Oceanus has submitted its application to the Taiwan Financial Supervisory
Commission, Executive Yuan, Securities and Futures Bureau (SFB) on 14 July 2010 and has
received some queries from SFB on 23 July 2010. The Company is currently attending to the
queries. Assuming approval from SFB is obtained on 4 August 2010, the TDRs could be listed on
31 Aug 2010.
Our thoughts: The first tranche of TDRs, already listed on TaiEx, continue to trade at premium to
the ordinary shares listed on SGX. This suggests the Taiwan-based investors still view Oceanus
favourably. On Friday, the stock closed at NT12.85 (~S$0.549), 80% higher than the SGX-listed
ordinary shares closing price of S$0.305. We remain optimistic with the long-term outlook of
Oceanus which is likely to see its first strong operating cash flow in 2012. Maintain BUY with TP of
S$0.43.
I don't really base my forecast on charts, but on FAs. But if based on charts,it is due to cheong, yes.
Reasons:
A. Bollinger Bands narrowing and trend reversal will mean upwards.
B. Price starting to move above the short term moving average, giving a small signal for the brave. If you don't go in you can go in at 33 ct or 35 ct next week or so, a small miss. No problem.
C.Good news are so far discounted owing to less favourable market conditions in the past months. If taken into consideration once more, renew confidence can set in.
D. Company TDRs approved waiting for one more approval, then money flow comes in as more ex-holders receive their TDR money and buy back the shares cheaper.
E. Many other bullish reasons e.g. new lobster jointventure, and other prospects.
This one you must be patient for it to move up. DYODD.
taybc1071 ( Date: 23-Jul-2010 13:54) Posted:
|
True or not? Do you base on charts?
Laulan ( Date: 23-Jul-2010 09:44) Posted:
|
The 2nd TDR program has been approved by Taiwan stock exchange. After this second one has been listed, I hope a third TDR or better ADR program will be contemplated. Thank you, to the CEO for his vision on giving values to shareholders. At least global investors have a chance to become a shareholder of a supplier of the item for an exquisite cuisine!! Cheers.
You could be right about this counter.
Keep this in my Buy List.