Oceanus    Last:0.006    +0.001

Earning money with Ocean King.Potential Upside hig

Vested stuckist came out already ... Be careful. Justin, justin, I just hope those stupid enough to follow you doesn't jump from MBS ...

 

Pre-Congrats to all vested on friday.dollar average or reinvested since 40 cents

this will continue its euphoric rise. 

  Today will rise alot. Yue De Hua Barely has shares liao. might have some remainder but not enough to push price down .

Try to let in run. Ride in For Larger Gains 500 % capital upside 10 cents on the way.in 2 years time.

  Prevent shortists from covering. All the way.There are way lots of shortists in this stock. It has been downtrend since 40 cents how many shortists have not covered its amazingly alot. Most longists remaining now have holding power . Margin call already got margin call. 

Huat Ah! 

JustinQuek      ( Date: 02-Nov-2012 09:24) Posted: alas i will quote this post again when it reach 10 cents. sometime from now 26 cents will be the lowest it ever goes. imo JustinQuek      ( Date: 02-Nov-2012 09:21) Posted: just like china minzhong when it was so red at 40 plus cents people were saying it would keep going down further   when it went to 85+ cents people start chanting green . but really the whole idea is to buy when its red. and sell when its green. as for cash flow wise their latest financial statements did not reflect the cash that was issued for 500 000 000 shares to the new BBs so that would solve the cash flow problem at the moment and give it a strong NAV supported by cash. it was

 

Re-freshing.

" Oceanus Grp Ltd said two substantial shareholders will transfer a large block of shares to the firm's former CEO" . Will transfer 446.3 million Oceanus shares, or about 22% of the firm's issued share capital, to former CEO Yu De Hua and related parties.

" Fact for d purposes of achieving a global settlement of all matters amongst them." (among themself).

teeth53 thot: Just hope, it has  a good ending for Ex-CEO n oso for d owner...Happi specualting. 

teeth53      ( Date: 02-Nov-2012 22:00) Posted: Back then...June 21 (Reuters) - Oceanus news  Singapore-listed abalone producer Oceanus Grp Ltd said late on Thursday that two substantial shareholders will transfer a large block of shares to the firm's former CEO. Chairman Ng Cher Yew and Bestglobal Enterprises Corp will transfer 446.3 million Oceanus shares, or about 22% of the firm's issued share capital, to former CEO Yu De Hua and related parties. " The aforesaid 446,317,492 Oceanus Shares are not intended by the parties to be performance shares, but are in fact for the purposes of achieving a global settlement of all matters amongst them," said in a stk mkt filing.  Foot Note: A definitive agreement to be prepared according to PRC laws will be signed by the seller and the Coy’s subsidiary for the sale and transfer of " the Property" when the Co decides to exercise the right to acquire the Property. Currently, the Grp is using the " Property" as one of the farms in the PRC to rear its abalones. The Co will update Shareholders should it proceed with the acquisition of the Property. According to the provisions of the Settlement Documents, (the " Property" ) in the People’s Republic of China, to sell and transfer the Property to the Coy’s subsidiary in the PRC (if requested by the Co) at a nominal consideration of S$1.00, subject to the applicable PRC laws relating to the land transfer.

 

Yes, lm totally agreed wth u. If there is still fundamental in tis coy, there will b a strong support at a certain level n started to bounce up higher to stay in btw tt narrow range. Yeah it looks vry vry cheap now. I'll rather nt to b greedy than to b sad later. No offence, just my opinion.

albeniz      ( Date: 04-Nov-2012 08:16) Posted: I would like to ask a simple question. The share price of this company was about 40cents about 1-2 years ago and now it dropped to 2 cents.   Yes, dropped to almost nothing. Does this company have any fundamental?   What I am just worried is it might just go bankrupt, fold up the company and delist itself from the stock exchange altogetrher.   We have seen many cases, don't we? 2.5 cents is really worrying.

 

Just for re-freshing,  sharing on why px getting cheap and cheaper.  Do home work,  learn how mkt players play and on mkt behavior. How px is best arrive at, is left to market forces to decide.

The lowest so far is 2.6c, but ended higher last Friday @2.9c...Happi Speculating, (those vested).

 

teeth53      ( Date: 15-Oct-2012 17:22) Posted: Force to sell cheaper (not force selling), others collect cheaper n cheaper, BBs playing, BBs kena. till force to sell is over, then px may re-start again, wild guess oni hohh. Just sharing my thot,    Happi speculating. teeth53      ( Date: 11-Oct-2012 16:17) Posted: New none-Exe Dir having meeting with the CEO (the owner) and planning next move...We seat and watch for next chapter

 

Investors invest in a company for many reasons. One thing for sure, they intend to make money. One of the reason could be because they believe in the business model of the company and in for the long term. But the other reason possible is they see a good story to be made, so they can sell the company higher in the future. Look at Peter Thiel, the hedge fund manager, who invested in facebook. Does he invest as he plan to be in for the long term? I guess the answer is NO. He saw a powerful story to be made out of facebook. He invested with the eye to unload as soon as Facebook went public.

For Oceanus, as it is already a public company, so the intention may not be to bring it for IPO. These investors might see an opportunity to create a good turnaround story for the next unload. 

There was a good reading written a few years back when many S-Chip went under. You can take it as fact or fiction, it doesn't matter. But there are good points to learn:

http://nextinsight.net/index.php/story-archive-mainmenu-60/36-2009/1080-confessions-of-a-s-chip-ceo-unabridged

I have nothing against Oceanus, Biosensors, etc. Every dog has it's day, and may be one day it will just turn around. What I can't tolerate is stuckist misled average folks.

teeth53      ( Date: 04-Nov-2012 13:45) Posted: Here another wordering, burning  question?. Only assuming, Why it can attracted not only 18 more rich investors, but also AIF capital chief in, and had a seat as none executive director. albeniz      ( Date: 04-Nov-2012 13:17) Posted: Yes, agree with you regarding luring bigger fools in to bail the high stuckist out. There were so many " promising" statements on some of the " Cannot Make it" (CMI) stocks where the price plummeted instead of sky-rocketed as some guys here have tried to draw a beautiful picture. To name a few, the following were some of the stocks:   Raffles Education, China Milk and Oceanus (dropped from ~30-40cts to 2 cts).

 

Not for the purpose of promoting...as some players may think so.

" New 18 BBs MILLIONAIRES  oso provided in million of dollars to Oceanus. Together they are holding about 14% stake." Now that Ex-CEO is holding less then 5%.

Trading in  Oceanus prices maybe tailing off...Happi speculating.   

teeth53      ( Date: 02-Nov-2012 22:50) Posted: B'side  old BBs,  new 18 BBs MILLIONAIRES  oso provided in million of dollars to  Oceanus.  Together they are holding about 14% stake. The latest BBs is AIF Capital  chief who join Oceanus as none Executive director. I M SURE THEY KNOW WHAT THEY ARE INVESTING IN....HAPPI TRADING.

 

Not for the purpose of promoting...some players may it so.

Here another wordering, burning  question?. Only assuming. But is a fact. 

Why it can attracted not only 18 more rich investors, but also AIF capital chief in, and had a seat as none executive director.

albeniz      ( Date: 04-Nov-2012 08:16) Posted: I would like to ask a simple question. The share price of this company was about 40cents about 1-2 years ago and now it dropped to 2 cents.   Yes, dropped to almost nothing. Does this company have any fundamental?   What I am just worried is it might just go bankrupt, fold up the company and delist itself from the stock exchange altogetrher.   We have seen many cases, don't we? 2.5 cents is really worrying.

 

Me think, been angry is one thing. Still, he 1 or not, to throw away his money just like that?.

Me think, he has to sell anyway and on the way BBs start picking up his share along the way.

Now that Ex-CEO share holding is less then 5%, trading prices may tail off.

albeniz      ( Date: 04-Nov-2012 13:32) Posted: Even if the ex-CEO is an angry man,  I really don't understand why he would " dump his shares at low price to spite his ex-colleagues" . The volume involved is large and he is throwing his own money away, doing all this just to spike his ex-colleagues?   Businessmen are very shrewd and calculating, it is difficult to believe the ex-CEO is that childish. There could be underlying problem with this company.      Vivivie      ( Date: 04-Nov-2012 10:13) Posted: I don't follow the industry/Oceanus business but I know the ex-CEO is a very angry man. That's why he is dumping his shares to spite his ex-colleagues. Since he has a tonne of the shares, he would just sell at any price to press it down. Just my good guess,..hahaha... When he is nearly done selling down to zero shares in his holding, the stock prx will almost surely rebound and could prove to be a quick multi-bagger. Just my good guesss...hahaha... @ OCEANUS AGM: Rare case, ex-CEO voted out of board

 

Here another wordering, burning  question?. Only assuming, Why it can attracted not only 18 more rich investors, but also AIF capital chief in, and had a seat as none executive director.

albeniz      ( Date: 04-Nov-2012 13:17) Posted: Yes, agree with you regarding luring bigger fools in to bail the high stuckist out. There were so many " promising" statements on some of the " Cannot Make it" (CMI) stocks where the price plummeted instead of sky-rocketed as some guys here have tried to draw a beautiful picture. To name a few, the following were some of the stocks:   Raffles Education, China Milk and Oceanus (dropped from ~30-40cts to 2 cts).     chartreader      ( Date: 04-Nov-2012 10:32) Posted: Fundamentally, I'll not claim that I know better than any other average outsiders as well. And because I can't read the future, I can't claim that it will never become a multibagger with 100% certainty.When did the ex-CEO start selling big time? This stock has been in strong downtrend since 2010, surely he is not the only one dumping. Not vested, but sad to see many folks get victimized by bullshit, not only in this counter alone. To me these people with vested interest are not better than those con artists that cheated old folks money.

 

Even if the ex-CEO is an angry man,  I really don't understand why he would " dump his shares at low price to spite his ex-colleagues" .

The volume involved is large and he is throwing his own money away, doing all this just to spike his ex-colleagues?   Businessmen are very shrewd and calculating, it is difficult to believe the ex-CEO is that childish.

There could be underlying problem with this company. 

 

 

Vivivie      ( Date: 04-Nov-2012 10:13) Posted: I don't follow the industry/Oceanus business but I know the ex-CEO is a very angry man. That's why he is dumping his shares to spite his ex-colleagues. Since he has a tonne of the shares, he would just sell at any price to press it down. Just my good guess,..hahaha... When he is nearly done selling down to zero shares in his holding, the stock prx will almost surely rebound and could prove to be a quick multi-bagger. Just my good guesss...hahaha... @ OCEANUS AGM: Rare case, ex-CEO voted out of board

 

Yes, agree with you regarding luring bigger fools in to bail the high stuckist out.

There were so many " promising" statements on some of the " Cannot Make it" (CMI) stocks where the price plummeted instead of sky-rocketed as some guys here have tried to draw a beautiful picture.

To name a few, the following were some of the stocks:   Raffles Education, China Milk and Oceanus (dropped from ~30-40cts to 2 cts).

 

 

chartreader      ( Date: 04-Nov-2012 10:32) Posted: Fundamentally, I'll not claim that I know better than any other average outsiders as well. And because I can't read the future, I can't claim that it will never become a multibagger with 100% certainty.When did the ex-CEO start selling big time? This stock has been in strong downtrend since 2010, surely he is not the only one dumping. Not vested, but sad to see many folks get victimized by bullshit, not only in this counter alone. To me these people with vested interest are not better than those con artists that cheated old folks money.

 

credibility of the management still looks questionable after a complete wipeout of abalones due to unforseen event.

 

Fundamentally, I'll not claim that I know better than any other average outsiders as well. And because I can't read the future, I can't claim that it will never become a multibagger with 100% certainty.When did the ex-CEO start selling big time? This stock has been in strong downtrend since 2010, surely he is not the only one dumping.

Not vested, but sad to see many folks get victimized by bullshit, not only in this counter alone. To me these people with vested interest are not better than those con artists that cheated old folks money.

 

I don't follow the industry/Oceanus business but I know the ex-CEO is a very angry man. That's why he is dumping his shares to spite his ex-colleagues.
Since he has a tonne of the shares, he would just sell at any price to press it down. Just my good guess,..hahaha...

When he is nearly done selling down to zero shares in his holding, the stock prx will almost surely rebound and could prove to be a quick multi-bagger.
Just my good guesss...hahaha...

@ OCEANUS AGM: Rare case, ex-CEO voted out of board

 

 

Only insiders and people who really work in the same industry will have a more accurate view of a company fundamental. Average outsiders only see the numbers " presented" by the company, but give lot's of bullshit as if they're more knowledgeable than the insiders. I suspect these outsiders are those stuckist (stuck at high), waiting for the bigger fools to bail them out, hence promoting a junk counter aggresively.  They did it for 2 reasons:

• They hope other retailers will get in to support the price, which is flawed because small retailers can NOT move price
• They feel better psychologically because the stuckists made the other retailers as the bigger fools, instead of themselves

albeniz      ( Date: 04-Nov-2012 08:16) Posted: I would like to ask a simple question. The share price of this company was about 40cents about 1-2 years ago and now it dropped to 2 cents.   Yes, dropped to almost nothing. Does this company have any fundamental?   What I am just worried is it might just go bankrupt, fold up the company and delist itself from the stock exchange altogetrher.   We have seen many cases, don't we? 2.5 cents is really worrying.

 

I would like to ask a simple question.

The share price of this company was about 40cents about 1-2 years ago and now it dropped to 2 cents.   Yes, dropped to almost nothing.

Does this company have any fundamental?  

What I am just worried is it might just go bankrupt, fold up the company and delist itself from the stock exchange altogetrher.   We have seen many cases, don't we?

2.5 cents is really worrying. 

 

 

 

 

 

 

I was referring to those promoting this junk counter when I said not to trust bullshit.

paccch      ( Date: 03-Nov-2012 12:39) Posted: be timid, juz stay inside your rat hole. no one gonna throw a cheese inside. chartreader      ( Date: 03-Nov-2012 12:13) Posted: Feel bad for all the victims. Hopefully they learnt not to trust bullshi

 

be timid, juz stay inside your rat hole.

no one gonna throw a cheese inside.

chartreader      ( Date: 03-Nov-2012 12:13) Posted: Feel bad for all the victims. Hopefully they learnt not to trust bullshit warrenbegger      ( Date: 03-Nov-2012 12:09) Posted: Good advise to those sotong :) *If u fall in love with a stock, u already lose the art of trading...