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Oceanus major business model restructure

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NoMoney
    07-Mar-2017 19:34  
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U still earn I still holding 1000lots assuming 1lot = 1000 shares

Bought when 0.021 avg down till 0.011
Can't wait for special dividend or spike

darkmyst      ( Date: 07-Mar-2017 19:05) Posted:



I never really check. I think i bought about 20 lots @ 0.005. and then add in another 80 lots at 0.010. 

 
 
darkmyst
    07-Mar-2017 19:05  
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I never really check. I think i bought about 20 lots @ 0.005. and then add in another 80 lots at 0.010. 
 
 
useless
    07-Mar-2017 15:24  
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Mind sharing how many shares you bought at each price?

darkmyst      ( Date: 07-Mar-2017 14:34) Posted:



Yup, bought small lot at 0.005 last dec. and now add in some at 0.010. Holding them for who knows potential dividend :p 

 

 
darkmyst
    07-Mar-2017 14:34  
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Yup, bought small lot at 0.005 last dec. and now add in some at 0.010. Holding them for who knows potential dividend :p 
 
 
hotokee
    07-Mar-2017 09:54  
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The land  compensation of two hundred over million yuans can really push the company forward. S$38 million is alot of money.  Better use it to produce more money.  Do more canning and compete with the other producers.  Maybe this will restore it share price to above the 10 cents to 30 cents levels in the future.  Congrats to those loyals. 
 
 
useless
    07-Mar-2017 09:51  
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Fully agreed. Don' t understand why so many weak players trying to unload at 0.011 when they can sell higher.

Flying abalone can' t take off if the runway is blocked. Lose-lose situation.
 

 
jxjxwin
    07-Mar-2017 09:41  
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now many ppl said possitive who said no hope previosuely.

hope not many ppl rush to sell their abalone and Q up now.....

those ppl Q at 0.011 should stop and wait for sell at 0.022 or more..
 
 
Phantom1984
    07-Mar-2017 08:51  
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The price of this share should rise, as there are some share restructure by sgx. If the price going up more the number of share conver to 0.2 will be lesser.. so pray hard and wish everything well. God bless oceanus. Haha

pool100      ( Date: 06-Mar-2017 10:25) Posted:



Fantastic news! I thought maximum the land acquisition will only be about $10m. Didn' t expect to be so much.

Now company will be debt free with excess cash with a growing business.

We should see 2 cent in the short medium term!

 
 
happyharvest
    06-Mar-2017 20:41  
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making big good pearl inside haha

Wind22i      ( Date: 06-Mar-2017 19:42) Posted:

This abalone/cb never open today..

 
 
NoMoney
    06-Mar-2017 20:33  
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ya funnny y nv move hmmm.....

Wind22i      ( Date: 06-Mar-2017 19:42) Posted:

This abalone/cb never open today..

 

 
Wind22i
    06-Mar-2017 19:42  
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This abalone/cb never open today..
 
 
darkmyst
    06-Mar-2017 19:38  
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Was happy to hear this news. Hope to clear off excess 20 mil debt. Once debt free, hope can call for rights issue, and then move on to see how business grows then. Or maybe use abit of the compensation for shares-buyback abit and raise the price bar :) .
 
 
pool100
    06-Mar-2017 10:25  
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Fantastic news! I thought maximum the land acquisition will only be about $10m. Didn' t expect to be so much.

Now company will be debt free with excess cash with a growing business.

We should see 2 cent in the short medium term!
 
 
steven1976
    06-Mar-2017 10:07  
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strange. Never move. 

All still sleeping? 1030am action?
 
 
Phantom1984
    06-Mar-2017 10:05  
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Never Move much ley... hahah maybe waiting for money to come in.

NoMoney      ( Date: 06-Mar-2017 09:40) Posted:



come one spike up 10 cents 

 

 
BrotherHuat
    06-Mar-2017 09:54  
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This is GOOD NEWS indeed but 38M is subject to adjustments and final figure is still grey. Expecting this payout should settle the some of their debts!!! Can feel the Eastern Wind blowing from afar!. GOOD LUCK!!!

ysh2006      ( Date: 06-Mar-2017 09:14) Posted:



China compulsory take their land and give them $38M but they use $20M to repay debt the rest use for company operation use! no money for share holders no special dividend etc....

sgtowkayneo      ( Date: 06-Mar-2017 08:54) Posted:



News out:


The Board of Directors (&ldquo Board&rdquo ) of Oceanus Group Limited (the &ldquo Company&rdquo ) wishes to announce that the Company has been informed of the intention of Gulei Zhen People&rsquo s Government (古 雷 镇 人 民 政 府 ) (the &ldquo PRC Authority&rdquo ) to compulsorily acquire 13 abalone farms of Oceanus (China) Aquaculture Co., Ltd (欧 圣 (中 国 )养 殖 有 限 公 司 ) (&ldquo Oceanus Aquaculture Limited&rdquo ), the Company&rsquo s wholly owned subsidiary, for purposes of urban planning by the PRC Authority (the &ldquo Compulsory Acquisition&rdquo ). 


 
 
megasmiles8
    06-Mar-2017 09:46  
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Sounds like good news for both creditors and shareholders. Add fuel to their development plans... :)
 
 
NoMoney
    06-Mar-2017 09:40  
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come one spike up 10 cents 
 
 
happyharvest
    06-Mar-2017 09:27  
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Oceanus huat liao. If u are patient with their business model development u will probably see new time high one day.

steven1976      ( Date: 06-Mar-2017 09:22) Posted:



They have alternative location posted in the announcement as well :)

 
 
steven1976
    06-Mar-2017 09:27  
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changed to 945am for trading :)
 
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