Oceanus    Last:0.002    -0.001

Oceanus major business model restructure

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.

 

To the ocean down we go!!

 

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.

 

Hi AlaFun, thank you for the information. I guess, and I may be wrong, that it is quite likely that the watchlist decision will have to be made by the regulatory authorities very soon. I doubt they can deliberate for too long because one of the hallmarks of a good regulatory body is efficiency. 

As for your point regarding the strategic investor/significant investment into the company, I think the company seems to be gearing up and trying to attract investors (significant ones, at least) to support their expansion and strategic positioning within the domestic and regional market. I think there may be a reasonable chance that a strategic investor(s) may enter the picture after the watchlist exit. My personal opinion is that buying this stock seems to be a reasonable decision as well. We can definitely agree to disagree :)

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.

 

Well, both of us expressed differing views/belief here which is what this SJ forum is for. But what is different is that I never sound like a saviour, trying to save people from losing money, so I don' t see the point of showing my portfolio. I share my viewpoints based on facts and don' t teach others what to do. I only advise bros here to DYODD. Neither have I called people who don' t agree with me as brainless, unlike Alafun. Since he hopes to teach people what to do, then he should show us his portfolio first to be convincing. You mean you will blindly follow any guru that has not proven himself? Is he willing to take responsibility for those who listen to his " teachings"   if anything goes wrong?

Kiattt, you are also another one who like to call people names, like " mr unwise" . No wonder you sounded protective towards Alafun. Aren' t the both of you the same kind? Or maybe you two are the same person. Are you also going to take responsibility of what he said in here right from the start since you are speaking up for him?

kiattttt      ( Date: 30-Aug-2021 23:18) Posted: The same could be apply to u right? if u think your views are right and the company instead have potential to go above its all time high, why not u present your portfolio as well?  savage007      ( Date: 30-Aug-2021 22:46) Posted: Yes. I can also understand the situation where you are at. 1) You are trapped in your  self-fulfilling prophecy and don' t want to wake up 2) You soly rely on your prejudice and ignore the prospects of this turned around company 3) You also hate different views and insult them with personal attacks 4) You expect every negative shouting to push down the price, sooner than later. 5) You don' t dare to question the company of anything even though you sound so sure that the company will not do well in your perspective.     For the longists, they could have already done their own due diligence and have their questions answered before they invest in the company.     Please stop giving false perspective. You are not a saviour     If you are really that good and accurate, please present your portfolio here. That will be more convincing than just shouting down the company relentlessly.

 

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.  AlaFun      ( Date: 30-Aug-2021 22:04) Posted: Right. I can understand the situation where they are at. 1) They are trapped and don' t want to cut loss. 2) They soly rely on the company' s story and ignore the fundamentals. 3) They hate different views and want those to shut up. 4) They expect every good news to boost the price, sooner than later. 5) They don' t dare to question company of anything. While I can' t be sure if the price will go below 0.025. But given the market cap, its fundamentals and tech progress, I am very sure it is very much overvalued and not worth buying. Hope retail investors not fall into the trap again.

 

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. 

AlaFun      ( Date: 30-Aug-2021 22:04) Posted: Right. I can understand the situation where they are at. 1) They are trapped and don' t want to cut loss. 2) They soly rely on the company' s story and ignore the fundamentals. 3) They hate different views and want those to shut up. 4) They expect every good news to boost the price, sooner than later. 5) They don' t dare to question company of anything. While I can' t be sure if the price will go below 0.025. But given the market cap, its fundamentals and tech progress, I am very sure it is very much overvalued and not worth buying. Hope retail investors not fall into the trap again.  kiattttt      ( Date: 30-Aug-2021 16:38) Posted: What u do is just giving false hope and let others trap at a high price!! poor thing. trying so hard to trap others when u yourself is trapped!!. To the ocean, oceanus!

 

The same could be apply to u right? if u think your views are right and the company instead have potential to go above its all time high, why not u present your portfolio as well? 

savage007      ( Date: 30-Aug-2021 22:46) Posted: Yes. I can also understand the situation where you are at. 1) You are trapped in your  self-fulfilling prophecy and don' t want to wake up 2) You soly rely on your prejudice and ignore the prospects of this turned around company 3) You also hate different views and insult them with personal attacks 4) You expect every negative shouting to push down the price, sooner than later. 5) You don' t dare to question the company of anything even though you sound so sure that the company will not do well in your perspective.     For the longists, they could have already done their own due diligence and have their questions answered before they invest in the company.     Please stop giving false perspective. You are not a saviour     If you are really that good and accurate, please present your portfolio here. That will be more convincing than just shouting down the company relentlessly.   AlaFun      ( Date: 30-Aug-2021 22:04) Posted: Right. I can understand the situation where they are at. 1) They are trapped and don' t want to cut loss. 2) They soly rely on the company' s story and ignore the fundamentals. 3) They hate different views and want those to shut up. 4) They expect every good news to boost the price, sooner than later. 5) They don' t dare to question company of anything. While I can' t be sure if the price will go below 0.025. But given the market cap, its fundamentals and tech progress, I am very sure it is very much overvalued and not worth buying. Hope retail investors not fall into the trap again.

 

I cannot help but be amused by you. When your past doings were dug up to haunt you, you will say that " you can' t be borthered to explain and reply" .
Few hours later you will surface again with another round of your illogical analysis and opinions.
I truly wonder what is your agenda!!

AlaFun      ( Date: 29-Aug-2021 10:49) Posted: I just can' t be bothered to explain and reply your each point. Your ill intent is to trap new investors to buy such overvalued stock. My intent is simple, I adivse people to avoid investing in such highly manipulated and overvalued stock. Many have got burnt, and should not fall into trap again. I am always here, welcome to investigate me. My views are based on sound financial data and analysis, not like many longist who just shout and wish price go up up.  mondaybluesy      ( Date: 28-Aug-2021 23:06) Posted: Here' s why I would encourage everyone to filter what AlaFun says with a bucket full of salt: He admitted to creating this " AlaFun" account to disguise his true identity.  Thereafter, he has only spread doubt and lies about Oceanus. He doesn' t realise he is not funny. He spread false allegations that Oceanus' s management orchestrated a pump and dump scheme in Feb 2021.  He went hiding after Oceanus threatened to investigate. In explaining the SGX delay, he suggested that a trading company like Oceanus could " easily manipulate their financial statements" .  He ignores the fact that Oceanus' s accounts are audited and achieved a " clean" audit opinion for its FYE 2020 accounts. He appears to have a personal agenda against the management of Oceanus. He goes from " SGX Exit has been priced in" to " SGX Exit will not happen" within the same breadth. He wilfully ignores the facts of Oceanus business growth, and selectively quotes financial numbers out of the context of the entire financial statements. He claims Oceanus' s business plan of tech-up are just " stories" , when he doesn' t see a financial impact after 3 months of said announcement. He aspires to be a share price fortune-teller but has a lousy track record so far.  He doesn' t know that even a broken clock is right twice. He appears to hold a valuation method of companies that is outdated and irrelevant for a growth company.  Many have tried to educate him to no avail. He confessed that he is not invested in Oceanus, and is too afraid to short it.  He has no skin in the game.  Yet, he occasionally surfaces to talk smack. Be careful of some bad actors on these public forum.  Opposing views and investment thesis are welcome, but it becomes dangerous when they are founded upon lies and ill intent.

 

Yes. I can also understand the situation where you are at.
1) You are trapped in your  self-fulfilling prophecy and don' t want to wake up
2) You soly rely on your prejudice and ignore the prospects of this turned around company
3) You also hate different views and insult them with personal attacks
4) You expect every negative shouting to push down the price, sooner than later.
5) You don' t dare to question the company of anything even though you sound so sure that the company will not do well in your perspective.
    For the longists, they could have already done their own due diligence and have their questions answered before they invest in the company.
    Please stop giving false perspective. You are not a saviour
    If you are really that good and accurate, please present your portfolio here. That will be more convincing than just shouting down the company relentlessly.






 

AlaFun      ( Date: 30-Aug-2021 22:04) Posted: Right. I can understand the situation where they are at. 1) They are trapped and don' t want to cut loss. 2) They soly rely on the company' s story and ignore the fundamentals. 3) They hate different views and want those to shut up. 4) They expect every good news to boost the price, sooner than later. 5) They don' t dare to question company of anything. While I can' t be sure if the price will go below 0.025. But given the market cap, its fundamentals and tech progress, I am very sure it is very much overvalued and not worth buying. Hope retail investors not fall into the trap again.  kiattttt      ( Date: 30-Aug-2021 16:38) Posted: What u do is just giving false hope and let others trap at a high price!! poor thing. trying so hard to trap others when u yourself is trapped!!. To the ocean, oceanus!

 

Right. I can understand the situation where they are at.

1) They are trapped and don' t want to cut loss.
2) They soly rely on the company' s story and ignore the fundamentals.
3) They hate different views and want those to shut up.
4) They expect every good news to boost the price, sooner than later.
5) They don' t dare to question company of anything.

While I can' t be sure if the price will go below 0.025. But given the market cap, its fundamentals and tech progress, I am very sure it is very much overvalued and not worth buying. Hope retail investors not fall into the trap again. 

kiattttt      ( Date: 30-Aug-2021 16:38) Posted: What u do is just giving false hope and let others trap at a high price!! poor thing. trying so hard to trap others when u yourself is trapped!!. To the ocean, oceanus!! mrwise      ( Date: 30-Aug-2021 15:04) Posted: At least i am confident and bought it ! But what you do is using scare tactics yet u dont dare to short ?!!  It means u have no confidence it will go down...Poor thing....trying hard to collect cheap cheap!! Wait long also dont have!! Rocket to the sky, Oceanus!!!

 

The background noises is there to distract us...lets stay focus n Oceanus will not fail us!!

Power Oceanus!

Prty382c      ( Date: 30-Aug-2021 20:45) Posted: linkedin singapore website not available. Need download linkedin APP to see. Mr wise i support you.

 

linkedin singapore website not available. Need download linkedin APP to see. Mr wise i support you.

 

Hi Bros and Sis'.. May I ask a most objective question.

Has Oceanus met the watchlist exit criteria definitetively as set by SGX?

 

well said

savage007      ( Date: 30-Aug-2021 16:57) Posted: You dont have Linkedin issit? Or did you try other means (cut and copy) to solve your issue? Anyway, what is wrong of me to post the relevant news from Linkedin. I am just merely sharing what the CEO has shared on Linkedin which I think is pretty informative for some who  may want to find out more about Sino Food andd the postive impact to the company By the way the Linkedin platform is more than just " where anyone can post anything regarding himself" . It is always good to keep an open mind and not make quick judgement based on personal bias/preferences.    Repost: More info on the Sinofood venture by the CEO. Look at the kind of support the company has. The company is constantly working to keep their promises. Once the big institutions come in to have a stake in the game, the company share pr will be on steroid. Let actions speak louder than words. We shall see.  https://www.linkedin.com/feed/update/activity:6837589496977063936 FrancisLim      ( Date: 30-Aug-2021 15:57) Posted: The link to the Linkedin is not working.  Wonder why you post linkedin - where anyone can post anything regarding himself.

 

3.5c consolidation mode keep going on while awaiting SGX to release long haul impending Oceanus exit...power up soon. Stay calm.

 

You dont have Linkedin issit? Or did you try other means (cut and copy) to solve your issue?
Anyway, what is wrong of me to post the relevant news from Linkedin. I am just merely sharing what the CEO has shared on Linkedin which I think is pretty informative for some who  may want to find out more about Sino Food andd the postive impact to the company

By the way the Linkedin platform is more than just " where anyone can post anything regarding himself" . It is always good to keep an open mind and not make quick judgement based on personal bias/preferences.   

Repost:
More info on the Sinofood venture by the CEO. Look at the kind of support the company has.
The company is constantly working to keep their promises. Once the big institutions come in to have a stake in the game, the company share pr will be on steroid. Let actions speak louder than words. We shall see. 
https://www.linkedin.com/feed/update/activity:6837589496977063936

FrancisLim      ( Date: 30-Aug-2021 15:57) Posted: The link to the Linkedin is not working.  Wonder why you post linkedin - where anyone can post anything regarding himself.   savage007      ( Date: 30-Aug-2021 15:36) Posted: More info on the Sinofood venture by the CEO. Look at the kind of support the company has. The company is constantly working to keep their promises. Once the big institutions come in to have a stake in the game, the company share pr will be on steroid. Let actions speak louder than words. We shall see.  https://www.linkedin.com/feed/update/activity:6837589496977063936

 

What u do is just giving false hope and let others trap at a high price!! poor thing. trying so hard to trap others when u yourself is trapped!!.

To the ocean, oceanus!!

mrwise      ( Date: 30-Aug-2021 15:04) Posted: At least i am confident and bought it ! But what you do is using scare tactics yet u dont dare to short ?!!  It means u have no confidence it will go down...Poor thing....trying hard to collect cheap cheap!! Wait long also dont have!! Rocket to the sky, Oceanus!!!   kiattttt      ( Date: 30-Aug-2021 14:55) Posted: U always say soon. say go up soon. Shortist getting burned soon but never happened. Soon is when

 

POWER!!!!  Words of Confidence from All !!!!

See what others comments on Oceanus!!

Go Oceanus!! 

BBs and Institutional investors to join in the rocket ride UP!!!

mike2867      ( Date: 30-Aug-2021 16:05) Posted: https://www.linkedin.com/posts/peter-koh-37a974140_last-week-oceanus-group-announced-the-incorporation-activity-6837589496977063936-LKNB

 

https://www.linkedin.com/posts/peter-koh-37a974140_last-week-oceanus-group-announced-the-incorporation-activity-6837589496977063936-LKNB