Oceanus    Last:0.002   -

Oceanus-Oversold Gem

Still have room to run

http://www.smallcapasia.com/sg-3-growth-stocks-with-more-room-to-run/

 

agree, good article that delves into the numbers ... 

" Taking the 10th last traded share price of S$0.023, we get an  adjusted P/E ratio of 153.27x."

i think it' s safer to wait and see if the turn around is sustainable.

i am also wary that many shares were issued at a much lower price as explained by other forumers. 

 

Great article
http://www.smallcapasia.com/oceanus-group-oversold-gem-or-value-trap/