Oceanus    Last:0.003   -

Oceanus major business model restructure

You are right! Believe Oceanus can!

SureStrike      ( Date: 31-Aug-2021 16:09) Posted: We have a vision for tomorrow just  believe  more yakult. We have goal for Oceanus we can achieve we can achieve.

 

We have a vision for tomorrow just  believe  more yakult.
We have goal for Oceanus we can achieve we can achieve.

 

hahah....Good Things is Worth Waiting for...

:)

Jonng8888      ( Date: 31-Aug-2021 15:57) Posted: Hahahaahahha everyday wait wait wait. Funny la u. mrwise      ( Date: 31-Aug-2021 15:51) Posted: Sit back and relax the Good Show ahead    :)

 

Hahahaahahha everyday wait wait wait. Funny la u.

mrwise      ( Date: 31-Aug-2021 15:51) Posted: Sit back and relax the Good Show ahead    :)

 

Sit back and relax the Good Show ahead    :)

 

Hi kiat, I' m quite fond of people debating the longterm prospects of Oceanus and sharing their opinions as to how they interpret the direction of the company. Healthy discussions, good exchange of views, more information and perspectives are generated all good things.

I think I' m just maybe a little bit troubled by how you take a poor view of everything - Oceanus, your fellow forummers' viewpoints, and now, even the SGX. If you regard everything poorly and you criticize everything, how can we take anything that you say seriously and objectively? 

kiattttt      ( Date: 31-Aug-2021 11:31) Posted: Actually SGX is alr a shame. There is a reason why so many companies choose not to list here. Also, it just came out on the news recently saying how SGX performed so badly over the last 10 years  AlaFun      ( Date: 31-Aug-2021 10:58) Posted: Although the exit remains an unsolved issue, I would not challenge it will not get approval. The company did make an accounting profit, it met the criteria. Unless SGX finds accouting flaw, there should be no reason for them not to approve. If no exit, this will be a disaster for all shareholders and it will be a big shame on SGX. Still, an exit will not support current market cap.

 

Rather than focusing on the whole overvaluation etc talk, I suggest looking at it from a free market perspective. Meaning that the current market price is determined by thousands and thousands willing buyers/sellers who have come an agreeement on current price of Oceanus, by piecing together the same reasonable information accessible to all. Not to mention Oceanus shares are one of the most actively traded and liquid on SGX. 

A read up on the concept of " Wisdom of Crowds" is reccomended - the idea that large groups of people are collectively smarter than individual experts (or " experts" ).

So to constantly pit yourself against the market and continuously lament about overvaluation, either means you' re the genius amongst the thousands, or just belligerent market noise. 

AlaFun      ( Date: 31-Aug-2021 00:25) Posted: I would say the answer is most likely yes, it will exit the watchlist. And, exiting watchlist is the exact time (maybe final chance) for curent holders to sell their holdings, I can imagine a lot of buyers will be trapped when buying on this news. But if this decision continues to delay for a periold of time, price will drop from current level, very likely. I have explained many times why the current fundamentals and tech up progress can' t support current market cap. Face the truth. The only foreseen factor that can change the landscape is when the company receives significant investment from a strategic investor after exit. But as a retail investor, you can' t pray for that, too much uncertainty. So selling this overvalued stock is a reasonable decision.   revolvingdoors      ( Date: 31-Aug-2021 00:10) Posted: Hi AlaFun, just wanted to check something with you. Based on the calculations and knowledge that you have, do you think Oceanus will exit the watchlist? Let' s disregard the longists, shortists etc debate for now.

 

OK paladin, kiatttt You won already.. u can move on to look at other counters already. Thank you

 

Yes correct but valuation is way through the roof hence pinning onto such a hope is poisonous. let' s all agree to disagreee then 

mondaybluesy      ( Date: 31-Aug-2021 11:52) Posted: Yup, that' s exactly what I think.  Because that is all what investing is.  Doing our due diligence and research, applying our minds, and making a bet when the odds are in our favour towards that a preferred future.  Otherwise, all we are doing is blowing hot air.  Likewise, what you think also might not even happen.  I hope you are humble enough to recognise that. A hope is not a dangerous thought.  It is only dangerous when we place more on that hope than we can afford to lose. In the same way, your hope that Oceanus will go down in share price is not a dangerous thought, especially since you and the other bears are not acting on that hope to short.   kiattttt      ( Date: 31-Aug-2021 11:46) Posted: That' s what u think. It might not even happen. Buying into this ' hope' and ' dream' is a very dangerous thought

 

well said.  Logical and rational

mondaybluesy      ( Date: 31-Aug-2021 11:52) Posted: Yup, that' s exactly what I think.  Because that is all what investing is.  Doing our due diligence and research, applying our minds, and making a bet when the odds are in our favour towards that a preferred future.  Otherwise, all we are doing is blowing hot air.  Likewise, what you think also might not even happen.  I hope you are humble enough to recognise that. A hope is not a dangerous thought.  It is only dangerous when we place more on that hope than we can afford to lose. In the same way, your hope that Oceanus will go down in share price is not a dangerous thought, especially since you and the other bears are not acting on that hope to short.   kiattttt      ( Date: 31-Aug-2021 11:46) Posted: That' s what u think. It might not even happen. Buying into this ' hope' and ' dream' is a very dangerous thought

 

Yup, that' s exactly what I think.  Because that is all what investing is.  Doing our due diligence and research, applying our minds, and making a bet when the odds are in our favour towards that a preferred future.  Otherwise, all we are doing is blowing hot air. 

Likewise, what you think also might not even happen.  I hope you are humble enough to recognise that.

A hope is not a dangerous thought.  It is only dangerous when we place more on that hope than we can afford to lose.

In the same way, your hope that Oceanus will go down in share price is not a dangerous thought, especially since you and the other bears are not acting on that hope to short.

 

kiattttt      ( Date: 31-Aug-2021 11:46) Posted: That' s what u think. It might not even happen. Buying into this ' hope' and ' dream' is a very dangerous thought  mondaybluesy      ( Date: 31-Aug-2021 11:34) Posted: Yes, but it would mean a lot for Oceanus.  It would mark the beginning of a new chapter where it better positions them to raise capital, attract institutional investors, deal-make, etc. All that would contribute positively to the bottom line in the long run.  That' s also why we are long investors, not traders

 

That' s what u think. It might not even happen. Buying into this ' hope' and ' dream' is a very dangerous thought 

mondaybluesy      ( Date: 31-Aug-2021 11:34) Posted: Yes, but it would mean a lot for Oceanus.  It would mark the beginning of a new chapter where it better positions them to raise capital, attract institutional investors, deal-make, etc. All that would contribute positively to the bottom line in the long run.  That' s also why we are long investors, not traders. kiattttt      ( Date: 31-Aug-2021 11:29) Posted: An exit means nothing to the share price. At most just momentarily spike. The exit will likely trap more retailers

 

Yes, but it would mean a lot for Oceanus.  It would mark the beginning of a new chapter where it better positions them to raise capital, attract institutional investors, deal-make, etc.

All that would contribute positively to the bottom line in the long run.  That' s also why we are long investors, not traders.

kiattttt      ( Date: 31-Aug-2021 11:29) Posted: An exit means nothing to the share price. At most just momentarily spike. The exit will likely trap more retailers

 

Actually SGX is alr a shame. There is a reason why so many companies choose not to list here. Also, it just came out on the news recently saying how SGX performed so badly over the last 10 years 

AlaFun      ( Date: 31-Aug-2021 10:58) Posted: Although the exit remains an unsolved issue, I would not challenge it will not get approval. The company did make an accounting profit, it met the criteria. Unless SGX finds accouting flaw, there should be no reason for them not to approve. If no exit, this will be a disaster for all shareholders and it will be a big shame on SGX. Still, an exit will not support current market cap.  FrancisLim      ( Date: 31-Aug-2021 08:51) Posted: Unlikely to exit the watchlist based on 1st half 2021 results, which excluding non operating, non recurring income, it will show  loss instead of net profit.  That is my view, and I respect the differing view of others. Just be careful of pump (like before moving beyong 4 cents) and dump (to 3 cents). Not impressed with all the talks - digitalization, tech, and what have you which are not reflected in the balance sheet either as asset, cash flow or disclosures.  But noises from time to time in the media.

 

An exit means nothing to the share price. At most just momentarily spike. The exit will likely trap more retailers

 

For once I agrred with the statement "   If no exit, this will be a disaster for all shareholders and it will be a big shame on SGX."

 

 

Having you affirm that the criteria is met is very reassuring.

AlaFun      ( Date: 31-Aug-2021 10:58) Posted: Although the exit remains an unsolved issue, I would not challenge it will not get approval. The company did make an accounting profit, it met the criteria. Unless SGX finds accouting flaw, there should be no reason for them not to approve. If no exit, this will be a disaster for all shareholders and it will be a big shame on SGX. Still, an exit will not support current market cap.  FrancisLim      ( Date: 31-Aug-2021 08:51) Posted: Unlikely to exit the watchlist based on 1st half 2021 results, which excluding non operating, non recurring income, it will show  loss instead of net profit.  That is my view, and I respect the differing view of others. Just be careful of pump (like before moving beyong 4 cents) and dump (to 3 cents). Not impressed with all the talks - digitalization, tech, and what have you which are not reflected in the balance sheet either as asset, cash flow or disclosures.  But noises from time to time in the media.

 

Although the exit remains an unsolved issue, I would not challenge it will not get approval.

The company did make an accounting profit, it met the criteria. Unless SGX finds accouting flaw, there should be no reason for them not to approve.

If no exit, this will be a disaster for all shareholders and it will be a big shame on SGX.

Still, an exit will not support current market cap. 

FrancisLim      ( Date: 31-Aug-2021 08:51) Posted: Unlikely to exit the watchlist based on 1st half 2021 results, which excluding non operating, non recurring income, it will show  loss instead of net profit.  That is my view, and I respect the differing view of others. Just be careful of pump (like before moving beyong 4 cents) and dump (to 3 cents). Not impressed with all the talks - digitalization, tech, and what have you which are not reflected in the balance sheet either as asset, cash flow or disclosures.  But noises from time to time in the media.

 

i agree with the statment. 


 

 

Agree with you, mondaybluesy.  SGX has to be objective abt watchlist exit application.  If Oceanus has met all SGX' s criteria, SGx has to approve exit application in due time.  That' s credibility

mondaybluesy      ( Date: 31-Aug-2021 09:51) Posted: Respectfully disagree.  Oceanus has met all of SGX exit criteria since Dec 2020.  If SGX changes their rules just to disqualify Oceanus, they lose credibility as a regulatory body.  The exit criteria will be superfluous. You are not able to see " digitaisation, tech, and what have you" in the balance sheet of the Group accounts because that is the wrong place to look.  No, they are not noises from time to time. As a good practice, let me back up what I say with the following examples of digitalisation and tech: Oceanus invests in Universal Aquaculture for Deep Tech Indoor Farming (source:  https://bit.ly/3jsNKYM) Oceanus partners with Hainan Raffles Group to set up the world' s first Oceanus Food Tech Hub (source:  https://bit.ly/3mMqgQv) Oceanus subsidiary, AP Media, wins award for their revolutionary innovative virtual platform that was subsequently used in Oceanus AGM 2021 (https://bit.ly/2WIngd8) Why are the above noise in the media?  I see it as actual milestones to celebrate that would contribute revenue streams for a turnaround company. FrancisLim      ( Date: 31-Aug-2021 08:51) Posted: Unlikely to exit the watchlist based on 1st half 2021 results, which excluding non operating, non recurring income, it will show  loss instead of net profit.  That is my view, and I respect the differing view of others. Just be careful of pump (like before moving beyong 4 cents) and dump (to 3 cents). Not impressed with all the talks - digitalization, tech, and what have you which are not reflected in the balance sheet either as asset, cash flow or disclosures.  But noises from time to time in the media.