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OCEANUS (No.1 in abalone farming): Venturing into Post Reply Rate topic
beidou Member	15-Jun-2013 19:42        beidou About Contact  Quote this Post!
x 0   x 0  Alert Admin	Just wonder what will happen to the right issue if the share price drops further? Who will buy up the right shares if the detail investors decide not to buy?  Will  the  underwritters  buy up all? Haha, that will be an interesting scenario to watch.
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happyharvest Senior	15-Jun-2013 16:35        happyharvest About Contact  Quote this Post!
x 0   x 0  Alert Admin	Thought ex- rights date is on 17 June? Company Name Type Expiry Date Record Date Date Paid/Payable Particulars OCEANUS GROUP LIMITED RIGHTS 17 Jun 2013 19 Jun 2013 OFFER OF 38 FOR 100 @ SGD 0.029
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teeth53 Supreme	15-Jun-2013 07:42        teeth53 About Contact  Quote this Post! Style: Flexible   Mood: Yells: "don't learn through life, learn to grow with life "
x 0   x 0  Alert Admin	This ex-right price matter will depend much on the last day before closing n thereafter, following day BBs will pump just above ex right new price. To them it still profitable to play. teeth53      ( Date: 12-Jun-2013 16:11) Posted: Entitled Shareholders - notice. The Co will closed at 5.00 pm on 19 June 2013 for the purpose of determining the provisional allotments of rights shares to shareholders under the rights issue. What happening after Ex-right???.
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teeth53 Supreme	15-Jun-2013 07:35        teeth53 About Contact  Quote this Post! Style: Flexible   Mood: Yells: "don't learn through life, learn to grow with life "
x 0   x 0  Alert Admin	Oceanus - Last:0.036   Vol:40682k    -0.0020...three more day to go B4 closing on 19 June. (Don know can tahan for 3 more days or not?)
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novice_trader Elite	15-Jun-2013 01:25        novice_trader About Contact  Quote this Post!
x 0   x 0  Alert Admin	Maybe it will drop to 0.035 as what Bro teeth53 states below... Once we think this counter is over, it will sneak pass everybody at go back to 0.60 again. Keen to be back vested soon... See how the market goes next week. teeth53      ( Date: 12-Jun-2013 16:21) Posted: Entitled Shareholders - notice. The Co will be closed at 5.00 pm on 19 June 2013 for the purpose of determining the provisional allotments of rights shares to shareholders under the rights issue.  (sori for the err..)theoratical price per share (now)  = (1000 x 0.038 + 380 x 0.029)/ 1380 = $0.035 per share   teeth53      ( Date: 12-Jun-2013 16:09) Posted: 38 right shares given for every 100 mother share, right at $0.029. Today  shares changing hands, at 0.038c. Hence, theoratical price per share = (1000 x 0.38 + 380 x 0.029)/ 1380 = $0.028 to $0.029  per share " (NAV is 14.34 RMB cents = approx 2.9 cents)"
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Tomique Master	14-Jun-2013 15:36        Tomique About Contact  Quote this Post!
x 0   x 0  Alert Admin	Rights issues are frown upon by investors, esp when money is needed for running expenses.   Investors will be happy with rights if the rights are for some known or announced business proposals or pending transactions deemed going to profit the company.   If rights are used for making more money for shareholders, they will chase up the shares.  veliscorin      ( Date: 14-Jun-2013 14:00) Posted: seems that the rights are not very welcomed...
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stockmarketmind Master	14-Jun-2013 14:10        stockmarketmind About Contact  Quote this Post!   Yells: "stockmarketmindgames"
x 0   x 0  Alert Admin	all the way down veliscorin      ( Date: 14-Jun-2013 14:00) Posted: seems that the rights are not very welcomed...
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veliscorin Member	14-Jun-2013 14:00        veliscorin About Contact  Quote this Post!   Mood:
x 0   x 0  Alert Admin	seems that the rights are not very welcomed...
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stockmarketmind Master	13-Jun-2013 12:36        stockmarketmind About Contact  Quote this Post!   Yells: "stockmarketmindgames"
x 0   x 0  Alert Admin	The operator in oceanus loves to create fake break outs. http://stockmarketmindgames.blogspot.sg/2013/06/oceanus-fake-breakouts.html
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Tomique Master	12-Jun-2013 16:59        Tomique About Contact  Quote this Post!
x 0   x 0  Alert Admin	Since share's net asset value per share (ex-price) remains little changed, there is every possibility for Oceanus to climb back up to 6++ cents.
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teeth53 Supreme	12-Jun-2013 16:21        teeth53 About Contact  Quote this Post! Style: Flexible   Mood: Yells: "don't learn through life, learn to grow with life "
x 0   x 0  Alert Admin	Entitled Shareholders - notice. The Co will be closed at 5.00 pm on 19 June 2013 for the purpose of determining the provisional allotments of rights shares to shareholders under the rights issue.  (sori for the err..)theoratical price per share (now)  = (1000 x 0.038 + 380 x 0.029)/ 1380 = $0.035 per share   teeth53      ( Date: 12-Jun-2013 16:09) Posted: 38 right shares given for every 100 mother share, right at $0.029. Today  shares changing hands, at 0.038c. Hence, theoratical price per share = (1000 x 0.38 + 380 x 0.029)/ 1380 = $0.028 to $0.029  per share " (NAV is 14.34 RMB cents = approx 2.9 cents)"
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teeth53 Supreme	12-Jun-2013 16:11        teeth53 About Contact  Quote this Post! Style: Flexible   Mood: Yells: "don't learn through life, learn to grow with life "
x 0   x 0  Alert Admin	Entitled Shareholders - notice. The Co will closed at 5.00 pm on 19 June 2013 for the purpose of determining the provisional allotments of rights shares to shareholders under the rights issue. What happening after Ex-right???.
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teeth53 Supreme	12-Jun-2013 16:09        teeth53 About Contact  Quote this Post! Style: Flexible   Mood: Yells: "don't learn through life, learn to grow with life "
x 0   x 0  Alert Admin	38 right shares given for every 100 mother share, right at $0.029. Today  shares changing hands, at 0.038c. Hence, theoratical price per share = (1000 x 0.38 + 380 x 0.029)/ 1380 = $0.028 to $0.029  per share " (NAV is 14.34 RMB cents = approx 2.9 cents)"
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beidou Member	11-Jun-2013 23:29        beidou About Contact  Quote this Post!
x 0   x 0  Alert Admin	My view about this right issue and the company is : the co. is undergoing a restructuring and needs money to implement the plan and to turn the company around.  For those who think the company has a good chance to be successful in this re-structuring, then they should take this opportunity to take up the right shares. The return can be handsome (like Osim's as someone had mentioned) given the current low share prices. I am vested.
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Tomique Master	11-Jun-2013 13:33        Tomique About Contact  Quote this Post!
x 0   x 0  Alert Admin	There is no sure way of estimating correctly a price of a share like Oceanus. As at the last financial ending 31.3.2013 its group's net asset per share= 2.868 cents (approx using 5RMB to 1$, but could be slightly higher with the rising Chinese yuans below 5 to 1$) With the rights issue at 2.9 cents bringing in $28,253,000 its net assets will become approx 2.88 per share (not much change in group) Basing on new funds available for working and paying debts, I expect the group to profit after this and assumed that it could reasonably make about 0.005 cents in earnings   per share. This will give the share a nta of about 2.9 or more. Using my PE of 6.5 for a new start profit making company, I calculated the minimum price of Oceanus to be at least 3.2 to 3.5 cents based on estimates.   oldflyingfox      ( Date: 11-Jun-2013 11:36) Posted: How u work out that number? can share? tks.
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oldflyingfox Master	11-Jun-2013 11:36        oldflyingfox About Contact  Quote this Post!
x 0   x 0  Alert Admin	How u work out that number? can share? tks.
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Tomique Master	11-Jun-2013 10:55        Tomique About Contact  Quote this Post!
x 0   x 0  Alert Admin	My calculation tells me this should go to around 3.2 to 3.5 cents prior to XR date.. Tomique      ( Date: 11-Jun-2013 10:42) Posted: Forced selling and cut loss as it dropped too fast.   Could be a good buy, but needs holding for longer term. For those buying at cheap now, don't forget to reserve cash for right shares. oldflyingfox      ( Date: 11-Jun-2013 10:32) Posted: As mentioned few months ago about the last fund raising to complete the company restructuring, any opinion of the present pricing of only 3.9cts? Seem like if not because of poor timing of lanuch, it will not dropped so much, is it good entry price now? Anyone
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Tomique Master	11-Jun-2013 10:42        Tomique About Contact  Quote this Post!
x 0   x 0  Alert Admin	Forced selling and cut loss as it dropped too fast.   Could be a good buy, but needs holding for longer term. For those buying at cheap now, don't forget to reserve cash for right shares. oldflyingfox      ( Date: 11-Jun-2013 10:32) Posted: As mentioned few months ago about the last fund raising to complete the company restructuring, any opinion of the present pricing of only 3.9cts? Seem like if not because of poor timing of lanuch, it will not dropped so much, is it good entry price now? Anyone
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oldflyingfox Master	11-Jun-2013 10:32        oldflyingfox About Contact  Quote this Post!
x 0   x 0  Alert Admin	As mentioned few months ago about the last fund raising to complete the company restructuring, any opinion of the present pricing of only 3.9cts? Seem like if not because of poor timing of lanuch, it will not dropped so much, is it good entry price now? Anyone
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novice_trader Elite	10-Jun-2013 19:09        novice_trader About Contact  Quote this Post!
x 0   x 0  Alert Admin	Today no bullets to short... Wasted... novice_trader      ( Date: 08-Jun-2013 13:14) Posted: Hi fellow Bros and Sifus, as the rights issue price is $0.029 and the closing price is $0.050, there is a big differnce in price, so will there be a significant drop in price on Monday or when it's at Exercise date for the rights issue? Sorry if my questions seems stupid... Hehehe. Need to have a clear idea of rights issues or placements... Thanks and cheers!
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