Latest Forum Topics / Oceanus Last:0.006 -- | Post Reply |
OCEANUS (No.1 in abalone farming): Venturing into
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WanSiTong
Master |
15-Aug-2013 21:21
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http://infopub.sgx.com/Apps?A=COW_CorporateAnnouncement_Content& B=AnnouncementToday& F=899353& fileId=OGL_Annc_Extension_for_Cessation_of_Temporary_Trading_Counter_15Aug2013.pdf | ||||
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WanSiTong
Master |
15-Aug-2013 21:06
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OCEANUS GROUP LIMITED (Incorporated in the Republic of Singapore under Registration Number: 199805793D) 61 Robinson Road, #10-01 Robinson Centre, Singapore 068893 Tel: +65 6837 0568 Fax: +65 6837 2660 EXTENSION OF TIME FOR CESSATION OF TEMPORARY TRADING COUNTER FOR TRADING OF ODD LOTS The Board of Directors (the ? Company?s announcement on 15 July 2013 in relation to, trading counter for the trading of the shares in the Company (? The Board further wishes to draw the attention of the shareholders of the Company (? Company?s request for a trading suspension of Shares (? In light of the Trading Suspension and the uncertainties surrounding the timing of which the Trading Suspension will be lifted, the Company has consulted Singapore Exchange Securities Trading Limited (? Shares on the temporary trading counter (bearing the short name ? Monday, 19 August 2013 to such date and time to be announced and as may be approved by the SGX-ST, with the view of giving the Shareholders sufficient time to trade odd lots of Shares in the temporary odd lot counter. The Company will seek lifting of the Trading Suspension as soon as appropriate and will make
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WanSiTong
Master |
15-Aug-2013 21:05
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EXTENSION OF TIME FOR CESSATION OF TEMPORARY TRADING COUNTER FOR TRADING OF ODD LOTS
The Board of Directors (the ?
The Board further wishes to draw the attention of the shareholders of the Company (?
In light of the Trading Suspension and the uncertainties surrounding the timing of which the Trading Suspension will be lifted, the Company has consulted Singapore Exchange Securities Trading Limited (?
SGX-ST, with the view of giving the Shareholders sufficient time to trade odd lots of Shares in the temporary odd lot counter.
The Company will seek lifting of the Trading Suspension as soon as appropriate and will make further announcement(s) to keep Shareholders updated on the above matter.
 
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pipi88
Member |
15-Aug-2013 13:44
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Sorry, just that so many Singaporean are gullible. Already so many cases happen already, people must learn from their mistakes. If karma strike, better strike at the operator of ocean anus.. In stock market, this word hope do not appear in its dictionary. You don't buy stock in hope.
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coocoobond3
Senior |
15-Aug-2013 12:57
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tats why i left sg mkt for good.......   now only come into forums to TCSS... wahaaaaaaaaaaaaaa 
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coocoobond3
Senior |
15-Aug-2013 12:33
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hey, xing78 lost $240k.... oso keeping quiet... be positive and move on... bo bian now..... i dont think any hope.... but must wait for any white knights but i doubt... S-chips dangerous. 
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oldbirdy
Member |
15-Aug-2013 12:29
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Hope that there will be Fat Cash Cow to take over !!  possible !! |
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merlin_magic
Senior |
15-Aug-2013 12:19
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Actually, when you go to supermarket to buy Abalones, those canned ones- the premium ones come from places like Mexico and Australia....rather than China...That is my observation.......... Perishable products are a high risk business.... Anyway the death of abalones would have been a key risk for the Risk Management Committee to implement measures to mitigate it...Hopefully, they buy some insurance for it...   |
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oldbirdy
Member |
15-Aug-2013 12:04
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No need to sack lar...... maybe gone forever liao !!! If company close shop !!
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h0ly0wl
Senior |
15-Aug-2013 11:33
Yells: "Huat Big Big!" |
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I can't imagine a company as big as Oceanus decided to rear it's abalones in sea instead of tanks which are much easier to rear and regulate. Collect so much money from investors still couldn't produce good results. Shit management, all of them should be sacked big time. | ||||
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lensman
Member |
15-Aug-2013 09:46
Yells: "wait long long" |
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Let's not get too emotional, it's not within anyone's control over the farming. Imagine those who have bought  and  dumb-found  the next  day when  trading halt. Also, nothing we can do about to the  mocking,  stay chill ya :) |
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Tomique
Master |
15-Aug-2013 09:26
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I believe that the best thing to do now is not to fret about the situation but just treat the holdings as long term investments.   Afterall, the original purpose of buying Oceanus is the believe that Abalone business is the best " exotic" food business that will bring in good profits in the long run.   So stay invested even though there are ups and downs of running this business. I also invested few hundred lots but my average price was not that high..though still above 5 cents.. | ||||
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ysh2006
Senior |
15-Aug-2013 08:35
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Yesterday even CIMB come out a report saying this saga similar to 2011 case where Oceanus came out a report to say majority of their selffish died......if now Oceanus think not similar than it must quickly come out a announcement to calm down investors...
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dingbat
Senior |
15-Aug-2013 08:26
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Sorry for that. I was referring to the other post by troll  pipi88 but didn't want to quote his inflammatory message again. Should have made it clearer when replying to your post.   
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bryancbq
Master |
15-Aug-2013 07:09
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haiyo bro...i'm vested. i mentioned i lost 8k here and 8k in china sky right? ppl here v angst. forum only...chilllll....
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coocoobond3
Senior |
15-Aug-2013 02:16
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Omg... 6000 lots at ave 4cts??? Thats $240k down the drain.... take good care ..
I had left sg mkt for good...
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xing78
Elite |
15-Aug-2013 01:44
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Why you think so? I will be happy to buy more when suspension is over. Vested 5k lots + 1k lots via recent rights. Average price 4cents. Huat Ah
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Patkeane
Member |
15-Aug-2013 01:26
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Well said ! I m not vested too .....
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SFGuyRuleZ
Veteran |
15-Aug-2013 01:23
Yells: "You are your own master.." |
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I not vested but I know investors in this must be going though a rough patch. Yeap, nothing is certain. Expect the unexpected and miracles do happen. And lastly, even in the worse case scenario if money lost also need not get too uptight or emotional as money is extrinsic and it can always be earned back. The greatest wealth in life is one's own health and also the love which you give and receive to/from your loved ones. Meanwhile just take care and huat in other investments for the time being!! All the best.. =)
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Patkeane
Member |
15-Aug-2013 01:15
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Dun worry I think Oceanus still got assets to borrow loan to start all over again and make the business profitable , Chinese like to eat abalones this culture cannot change too much , Osim last time also penny stock look at it now ....., I think ppl will buy abalones to eat more often than buy massage chair ....
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