Latest Forum Topics /
Oceanus
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Oceanus major business model restructure
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ckmpd1
Supreme |
23-Aug-2021 16:14
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Yes, will rally if exit announcement comes in Oct-Dec qtr 
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superstartup
Supreme |
23-Aug-2021 15:44
Yells: "Enjoy doing Fundamental Research" |
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What I mean if end of the day, and if it is 50 50 to exit watchlist, the fact that yakult been drank is negative. Thid is Singapore.
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superstartup
Supreme |
23-Aug-2021 15:42
Yells: "Enjoy doing Fundamental Research" |
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Don't keep calling Yakult. . . As usually it works the other way round in Singapore. . . SGX Regco will scrutinise more.
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hongyuan
Senior |
23-Aug-2021 15:32
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yakult come, add more yakuit | ||||
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StevenKan
Master |
23-Aug-2021 15:27
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Banana man.... 
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AwakenTide
Veteran |
23-Aug-2021 15:25
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End year rally...chiong sky high by the time
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savage007
Member |
23-Aug-2021 14:46
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https://www.facebook.com/OceanusGroupLimited/photos/a.487362888680364/1018057535610894/ Well done Oceanus!
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ckmpd1
Supreme |
23-Aug-2021 14:44
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As I had stated in one of my earlier post, exit announcement cld be in the Oct to Dec qtr
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ckmpd1
Supreme |
23-Aug-2021 14:42
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From today' s Oceanus statement, looks like exit from SGX watchlist may take a while more
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mondaybluesy
Senior |
23-Aug-2021 14:33
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Yes, that could be a possibility.  I would imagine that' s why SGX might have waited to see the recent H1 2021 results, which once again confirmed a profit. For context, Oceanus has already posted positive pre-tax profit since Q2 2020 last year, and have consistently been in the green since then.  It is now more than a year of sustainable profits.  All these while in the thick of the pandemic growing globally.  Thus, I am not too sure whether SGX is waiting for more financial information (as that would be 6 months later in H2 2021. yikes!), or if they just need a final push to make a decision..
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SureStrike
Veteran |
23-Aug-2021 14:17
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From Oceanus?s Facebook:-
The Group has established a new subsidiary, Sino Food Group Pte Ltd (?Sino Food Group?), to trade in global food supply chain management and strengthen food security within the region. Sino Food Group has been appointed as an approved distributor of China Resources Wufeng Co. Ltd., a food enterprise group under China Resources (Group) Co., Ltd., one of Fortune Global 500 companies, and a state-owned enterprise (?SOE?). To support its efforts, Sino Food Group will also be receiving financing support from a consortium of Chinese state-owned enterprises, which includes parties such as Shenzhen Rural Commercial Bank and Guandong Light Industry Group. Sino Food Group is managed by an experienced team, collectively with more than 10 years? experience in the cold chain distribution industry. Supported by a strong network of more than 200 frozen food exporters from Europe, North and South America, Sino Food Group is well-positioned within the industry. Oceanus? Chief Executive Officer, Mr. Peter Koh, said, ?Establishing Sino Food Group will accelerate our progress and expand our geographical footprint in the food distribution industry. China remains an important target market in Asia, and we are delighted that we are beginning to see the fruits of our labour in this market.? ?China being a dominant market player in Asia, offers immense potential and growth opportunities in the food supply chain sector. We are confident that Sino Food Group will bolster the global food supply chain and supplement food security in Asia? #OceanusGroup #foodsecurity #chinamarket |
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Inferno
Senior |
23-Aug-2021 14:17
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It could also mean SGX wants further assurance that the company' s profit is no one season wonder and the company is confident of sustaining the profitable situation in subsequent years. Anyway good for the company to release a statement. May not say much but also good to hear officially that application still in progress. 
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FrancisLim
Elite |
23-Aug-2021 14:15
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The announcement on the status of the lifting of the watchlist of the company is unusal. Usually you check wthether the Regulator has further queries, if not, then you should wait and continuously follow-up This company share price reflect it high PE - 76 times. DYODD |
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CheongArgh
Master |
23-Aug-2021 14:11
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If can clear 38, it will cheong all the way up above 40.....
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Lutjanus
Member |
23-Aug-2021 14:05
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possible 38 today? > < | ||||
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CheongArgh
Master |
23-Aug-2021 14:04
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Oh, where' s alafun huh ????? Went into hiding againnnnn ????? | ||||
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ckmpd1
Supreme |
23-Aug-2021 14:03
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3,6c now  
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AwakenTide
Veteran |
23-Aug-2021 14:02
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Stay focus to support k, no more derail...longists united. 
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bobby90
Senior |
23-Aug-2021 14:02
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oh prata man is back..grab at 35 before its too late now..i tot its waiting for you at 30??? 
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ckmpd1
Supreme |
23-Aug-2021 14:00
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The market is taking the latest Oceanus news positively
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