Stock prices under 0.01c (0.008) still on SGX Main Board ??
want to cheong up, change the CEO, talk no action lah. can not perform after so many years you guy still trust? many years back many shouting yakult, look at the share price, from 8 cents (if I am right) drop to 0.8 cent.   
 
Panda8 ( Date: 26-Jul-2024 08:31) Posted:
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desmondxyz ( Date: 26-Jul-2024 08:37) Posted:
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If you' re not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an eye out for. Amongst other things, we' ll want to see two things firstly, a growing  return  on capital employed (ROCE) and secondly, an expansion in the company' s  amount  of capital employed. Basically this means that a company has profitable initiatives that it can continue to reinvest in, which is a trait of a compounding machine. With that in mind, we' ve noticed some promising trends at  Oceanus Group  (SGX:579) so let' s look a bit deeper.
Return On Capital Employed (ROCE): What Is It?
For those who don' t know, ROCE is a measure of a company' s yearly pre-tax profit (its return), relative to the capital employed in the business. To calculate this metric for Oceanus Group, this is the formula:
Return on Capital Employed = Earnings Before Interest and Tax (EBIT) ÷ (Total Assets - Current Liabilities)
0.064 = S$5.4m ÷ (S$185m - S$99m)  (Based on the trailing twelve months to December 2023).
Therefore,  Oceanus Group has an ROCE of 6.4%.  On its own, that' s a low figure but it' s around the 7.4% average generated by the Food industry.
See our latest analysis for Oceanus Group
SGX:579 Return on Capital Employed July 22nd 2024
Historical performance is a great place to start when researching a stock so above you can see the gauge for Oceanus Group' s ROCE against it' s prior returns. If you want to delve into the historical earnings , check out these  free  graphs detailing revenue and cash flow performance of Oceanus Group.
What Does the ROCE Trend For Oceanus Group Tell Us?
We' re delighted to see that Oceanus Group is reaping rewards from its investments and is now generating some pre-tax profits. About five years ago the company was generating losses but things have turned around because it' s now earning 6.4% on its capital. And unsurprisingly, like most companies trying to break into the black, Oceanus Group is utilizing 212% more capital than it was five years ago. This can indicate that there' s plenty of opportunities to invest capital internally and at ever higher rates, both common traits of a multi-bagger.
For the record though, there was a noticeable increase in the company' s current liabilities over the period, so we would attribute some of the ROCE growth to that. Effectively this means that suppliers or short-term creditors are now funding 54% of the business, which is more than it was five years ago. Given it' s pretty high ratio, we' d remind investors that having current liabilities at those levels can bring about some risks in certain businesses.
Our Take On Oceanus Group' s ROCE
Long story short, we' re delighted to see that Oceanus Group' s reinvestment activities have paid off and the company is now profitable. Since the stock has returned a staggering 200% to shareholders over the last five years, it looks like investors are recognizing these changes. Therefore, we think it would be worth your time to check if these trends are going to continue.
One more thing, we' ve spotted  2 warning signs  facing Oceanus Group  that you might find interesting.
Oceanus Group (SGX:579) Is Looking To Continue Growing Its Returns On Capital - Simply Wall St News
 
Panda8 ( Date: 26-Jul-2024 08:31) Posted:
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CheongArgh ( Date: 11-Jun-2024 16:12) Posted:
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mondaybluesy ( Date: 11-Jun-2024 16:45) Posted:
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Further, there are many big purchases driving the price moves.  There is certainly something brewing / already happening that the public does not know yet.
Why does price go up and down then?  Because it does not make sense for a big investor to accumulate directly at one go.  It is much more efficient to purchase to drive the price up a few pips, sell a little to incite fear (and encourage weak hands to sell), then come in to scoop again.  Importantly, watch the overall trend of where the money is flowing: Way more purchasing than selling.
It' s happening again
 
Easily a multi-bagger by year end or earlier
 
petson ( Date: 07-Jun-2024 15:54) Posted:
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CheongArgh ( Date: 04-Jun-2024 18:04) Posted:
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Patience becomes GOLD !
 
bernardc ( Date: 04-Jun-2024 17:23) Posted:
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spursfan ( Date: 03-Jun-2024 20:40) Posted:
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https://links.sgx.com/1.0.0/corporate-announcements/3MGJXO5YNV6FF8LB/805567__Form%201%20Cleveland%20Cuaca%20030624.pdf
https://links.sgx.com/1.0.0/corporate-announcements/02LTTKKIN8HR24LY/805425__Form%201%20CLEVELAND%20CUACA%20310524.pdf
mondaybluesy ( Date: 30-May-2024 16:58) Posted:
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