Oceanus    Last:0.003   -

Oceanus major business model restructure

Foreign exchange translation gain is $3mio.

Net Cash flow is $11 million plus, due to $16.6 mio financing proceeds.  Operating cash flow is negative $4.75 mio.

Net Cash flow from investing activities $11,000 (almost zero)..

Maybe I should write to the Co' s IR to provide more details.

DYODD

Share price can go up and down for whatever reason in the short term

AwakenTide      ( Date: 26-Aug-2021 09:42) Posted: Don' t anyhow speculating, if yourself is questionable can seek some clarifications from Oceanus Finance team.  FrancisLim      ( Date: 26-Aug-2021 09:07) Posted: Overall revenue maybe be increaded manyfolds, but the bottom line exlcuding one time gains (classified as other income - foreign exchange gains, jobs support scheme) is a net loss.  The more you increased the volume, the more losses you incurred. On the other hand, dont know why in the Notes to the account, Other operating costs - are staff costs..increased hiring etc. DYOD

 

Don' t anyhow speculating, if yourself is questionable can seek some clarifications from Oceanus Finance team. 

FrancisLim      ( Date: 26-Aug-2021 09:07) Posted: Overall revenue maybe be increaded manyfolds, but the bottom line exlcuding one time gains (classified as other income - foreign exchange gains, jobs support scheme) is a net loss.  The more you increased the volume, the more losses you incurred. On the other hand, dont know why in the Notes to the account, Other operating costs - are staff costs..increased hiring etc. DYODD mrwise      ( Date: 26-Aug-2021 08:00) Posted: The rocket will come soon! Believers shall be rewarded handsomely

 

Overall revenue maybe be increaded manyfolds, but the bottom line exlcuding one time gains (classified as other income - foreign exchange gains, jobs support scheme) is a net loss.  The more you increased the volume, the more losses you incurred.

On the other hand, dont know why in the Notes to the account, Other operating costs - are staff costs..increased hiring etc.

DYODD

mrwise      ( Date: 26-Aug-2021 08:00) Posted: The rocket will come soon! Believers shall be rewarded handsomely! Lightyear      ( Date: 26-Aug-2021 02:32) Posted: U quote what u quote and failed to shared that the overall revenue was 52.5million What you quote as other operating income is just part of the other income so if you dun understand .. just look at Gross profit which is $5 million which had increased from 700k for the same period

 

 

The rocket will come soon!

Believers shall be rewarded handsomely!

Lightyear      ( Date: 26-Aug-2021 02:32) Posted: U quote what u quote and failed to shared that the overall revenue was 52.5million What you quote as other operating income is just part of the other income so if you dun understand .. just look at Gross profit which is $5 million which had increased from 700k for the same period. FrancisLim      ( Date: 25-Aug-2021 12:03) Posted: In its 30 June 2021 half yearly results: it shows a net operating income before tax of: $5.3 million and it includes other operating income of $6.6 million. " OTHER OPERATING INCOME The Group&rsquo s other operating income for 1H 2021 amounted to SGD6.6 million, an increase of 105% from SGD3.2 million recorded in 1H 2020. This increase is largely due to increase unrealised foreign exchange gains as well as government grants received under the Jobs Support Scheme" The normal operating income exluding unrealiszed ofreigh exchange gain and government grant under Jobs Support Scheme, it will show a loss of ($1.3) million. DYODD

 

U quote what u quote and failed to shared that the overall revenue was 52.5million What you quote as other operating income is just part of the other income so if you dun understand .. just look at Gross profit which is $5 million which had increased from 700k for the same period.

FrancisLim      ( Date: 25-Aug-2021 12:03) Posted: In its 30 June 2021 half yearly results: it shows a net operating income before tax of: $5.3 million and it includes other operating income of $6.6 million. " OTHER OPERATING INCOME The Group&rsquo s other operating income for 1H 2021 amounted to SGD6.6 million, an increase of 105% from SGD3.2 million recorded in 1H 2020. This increase is largely due to increase unrealised foreign exchange gains as well as government grants received under the Jobs Support Scheme" The normal operating income exluding unrealiszed ofreigh exchange gain and government grant under Jobs Support Scheme, it will show a loss of ($1.3) million. DYODD

 

1 day of news announcement leading to higher volume trading and sucking more retailers and now back to this again. Doesn' t mean CEO buy at higher price means stock will go up eventually and vice versa 

 

From what I can recall, when Oceanus was on its steep ascent to its previous high of 0.078, people made money, loved the company and affectionately named it the ' King of Pennies' . Now that the company has announced (and reinforced) in recent months of its longer term plans of digitalization, expansion and increasing its sustainability strategies, people pan the company, criticize the management team, and lament the folly of their fellow investors. Is that what this is for some people, to love a company only when it makes them a quick buck in the short term?   

 

 

In its 30 June 2021 half yearly results:

it shows a net operating income before tax of: $5.3 million and it includes other operating income of $6.6 million.

" OTHER OPERATING INCOME The Group&rsquo s other operating income for 1H 2021 amounted to SGD6.6 million, an increase of 105% from SGD3.2 million recorded in 1H 2020. This increase is largely due to increase unrealised foreign exchange gains as well as government grants received under the Jobs Support Scheme"

The normal operating income exluding unrealiszed ofreigh exchange gain and government grant under Jobs Support Scheme, it will show a loss of ($1.3) million.

DYODD


 

 

Yes. Hold for those who buy! Buy for those who can!

This counter will have very good returns.

Do your own due diligence...

Management have proven their good records!!

More good news coming!

dontbeconned      ( Date: 25-Aug-2021 08:59) Posted: Friends, I am urging you to punt on oceanus shares. I am only requesting those who are holding shares not to dispose at this price.  Even if you have 10,000 shares, you only get back S$380. Most of you could have bought them around S$0.30 to S$0.40. in previous decades. I am disgusted at those undfounded rumours to ask the reail investors to dispose. Dont fall in the tricks like blumont, gold lion, magnus energy.  They pump and dump.  The only way to recoup your losses is to sit on your present portfolio. Dont do anything. Those punters will eventually fade off without your participation.  For this counter, they cannot sell short because there is no borrowing facility. Even if they sell short to their synidicate firiends, they must buy back immediately.  The only way is to convince retail investors to sell    So dont fall into their tricks. Cheers

 

No point reasoning with these naysayers.....obviously, they are working as a gang/sydicate to bring down the price for their agenda....they are being naive to think that people here would believe them.....just ignore them or better still, play along with them.....adds fun to this forum.....

mondaybluesy      ( Date: 25-Aug-2021 00:10) Posted: Shared my thoughts on the collaboration with China Resource Global news earlier this week here: https://www.investingnote.com/posts/2310320 No one should be able to read of such a significant business milestone in Oceanus' s turnaround journey and say its management offers nothing but stories.  To draw such a conclusion is to be wholly dishonest with oneself or to be genuinely dim.

 

We are supporting Oceanus not only accumulating shares at current price, also the food products. Cheers! 

dontbeconned      ( Date: 25-Aug-2021 08:59) Posted: Friends, I am urging you to punt on oceanus shares. I am only requesting those who are holding shares not to dispose at this price.  Even if you have 10,000 shares, you only get back S$380. Most of you could have bought them around S$0.30 to S$0.40. in previous decades. I am disgusted at those undfounded rumours to ask the reail investors to dispose. Dont fall in the tricks like blumont, gold lion, magnus energy.  They pump and dump.  The only way to recoup your losses is to sit on your present portfolio. Dont do anything. Those punters will eventually fade off without your participation.  For this counter, they cannot sell short because there is no borrowing facility. Even if they sell short to their synidicate firiends, they must buy back immediately.  The only way is to convince retail investors to sell    So dont fall into their tricks. Cheers

 

Friends, I am urging you to punt on oceanus shares. I am only requesting those who are holding shares not to dispose at this price.  Even if you have 10,000 shares, you only get back S$380. Most of you could have bought them around S$0.30 to S$0.40. in previous decades. I am disgusted at those undfounded rumours to ask the reail investors to dispose. Dont fall in the tricks like blumont, gold lion, magnus energy.  They pump and dump.  The only way to recoup your losses is to sit on your present portfolio. Dont do anything. Those punters will eventually fade off without your participation.  For this counter, they cannot sell short because there is no borrowing facility. Even if they sell short to their synidicate firiends, they must buy back immediately.  The only way is to convince retail investors to sell    So dont fall into their tricks. Cheers

 

Spike? 拔 苗 助 长 die faster

 

Yes! So many good news lining up..prepare to see spike in prices!

Engine has been warming up for some time...

Time to rocket up!!

ckmpd1      ( Date: 25-Aug-2021 06:43) Posted: good sharing, mondaybluesy mondaybluesy      ( Date: 25-Aug-2021 00:10) Posted: Shared my thoughts on the collaboration with China Resource Global news earlier this week here: https://www.investingnote.com/posts/2310320 No one should be able to read of such a significant business milestone in Oceanus' s turnaround journey and say its management offers nothing but stories.  To draw such a conclusion is to be wholly dishonest with oneself or to be genuinely dim.

 

good sharing, mondaybluesy

mondaybluesy      ( Date: 25-Aug-2021 00:10) Posted: Shared my thoughts on the collaboration with China Resource Global news earlier this week here: https://www.investingnote.com/posts/2310320 No one should be able to read of such a significant business milestone in Oceanus' s turnaround journey and say its management offers nothing but stories.  To draw such a conclusion is to be wholly dishonest with oneself or to be genuinely dim.

 

Shared my thoughts on the collaboration with China Resource Global news earlier this week here: https://www.investingnote.com/posts/2310320

No one should be able to read of such a significant business milestone in Oceanus' s turnaround journey and say its management offers nothing but stories.  To draw such a conclusion is to be wholly dishonest with oneself or to be genuinely dim.

 

 

When price dropped X member/s appeared to claim credit very "chun" When price goes up said X member/s missing Another x member/s appeared. Rotation play Stay neutral and invest wisely.