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Oceanus
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Oceanus major business model restructure
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bishalnb
Master |
28-Feb-2017 19:28
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Date of change in interest: 27-Feb-2017 Substantial Shareholder/Unitholder: NG CHER YAW Number of shares disposed: 23,000,000 Amount of consideration received S$0.009 per share transacted
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bishalnb
Master |
27-Feb-2017 13:58
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going back to 0.004
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happyharvest
Elite |
27-Feb-2017 10:47
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not sure but if you look at other abalone brand, they have halal cert too.
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mepkoh
Elite |
27-Feb-2017 10:35
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must qualify ..im not expert..not even muslim.. ..please educate me.. why need hala cert?? who says so n who says dont need..
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mepkoh
Elite |
27-Feb-2017 10:29
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seafood..need halal certificate???/ what bs
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useless
Member |
27-Feb-2017 10:26
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If they don' t eat why make produce halal abalones in the first place? |
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HVRRVH
Elite |
26-Feb-2017 08:58
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Malay/Indian eat abalone too? I am sure some do but should be only handful of them unlike Chinese. | ||||
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sh0rthere
Senior |
25-Feb-2017 23:30
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Halal so what? Yalams got eat abalones one meh? | ||||
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happyharvest
Elite |
25-Feb-2017 23:06
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oceanus is not the only company with halal certified abalone. nothing special. they are just competing with other brand.
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useless
Member |
25-Feb-2017 22:39
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Anticipating a surge up on Monday! |
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happyharvest
Elite |
25-Feb-2017 21:44
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speculators may even start to push price up anticipating that CNY sales may heip in earning. Next will be hari raya since abalone is halal. wondering if there is other abalone with halal certified.. if not oceanus huat ah!
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megasmiles8
Member |
25-Feb-2017 11:36
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Looks like there are signs of a possible turnaround..latest qtr results has positive EBITA... Believe CNY sales will only be seen in next qtr results? Long road ahead though... Wonder if this will move on Monday?
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BrotherHuat
Member |
24-Feb-2017 18:45
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The result is out and Oceanus is still in the red - Sales of Abalone is only RMB 10 million which is about S$2 million compared to the previous year of S$1 million. As expected the restructuring exercise is just to keep Oceanus stay afloat and implementing changes to turn the company around may take years unless there are cash injection from Big Investors. The only " GOOD NEWS" noted in the report is " Oceanus has launched it' s HALAL canned Abalones since Jan 2017" . So very soon, the Muslim Brothers will also be celebrating Hari Raya with Oceanus Abalones!!!
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pool100
Veteran |
24-Feb-2017 18:37
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Looking good. Now the company doesn' t have any pressing debts and sales are taking off. I suspect we should see profitability in the coming quarters. And if their landbank is acquired for a windfall, this baby could blast off. Good times are ahead. |
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useless
Member |
24-Feb-2017 18:32
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Yes company is heading back on track! |
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NoMoney
Master |
24-Feb-2017 18:30
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So is good but still lost.. 130m reduced to 100m | ||||
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bishalnb
Master |
24-Feb-2017 17:38
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UNAUDITED FULL YEAR FINANCIAL STATEMENTS AND ANNOUNCEMENT FOR THE 12 MONTHS ENDED 31 DECEMBER 2016 OF OCEANUS GROUP LIMITED (&ldquo OCEANUS&rdquo ) AND ITS SUBSIDIARIES (COLLECTIVELY KNOWN AS THE &ldquo OCEANUS GROUP&rdquo ) http://infopub.sgx.com/Apps?A=COW_CorpAnnouncement_Content& B=AnnouncementToday& F=0EW0HA87UWYRPI13& H=2a4239c2e7015ecda4f14af2d810974b34f835a8783505fe5a0d4af0a695624d& fileId=Q4%202016%20Announcement.pdf
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Phantom1984
Member |
24-Feb-2017 09:34
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Any BB is buying more ? haha
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useless
Member |
23-Feb-2017 13:53
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Anyone knows when will the report be out? |
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useless
Member |
18-Feb-2017 22:28
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THE BOARD OF DIRECTORS HAVE REVIEWED, ASSESSED AND CONCLUDED THAT TAN MAY LING POSSESSES THE REQUISITE EXPERIENCE TO CARRY OUT HER DUTIES AS THE FINANCIAL CONTROLLER AND ACCORDINGLY APPROVED HER APPOINTMENT. It states that the previous fiancial controller cessation due to personal reasons. Whatever it is it could be for the better. Seems like the restructed management is really doing a their job to bring the company back on track with reduced loss and bad debt.
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