Latest Forum Topics / Oceanus Last:0.007 +0.001 | Post Reply |
new year to buy abalone and lobster
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moneycow
Master |
16-Nov-2011 17:00
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No oine will be confident hoping on unless it falls to  maybe 1 or 2 cents can bet..... so many millions of abalone died at one go - anyone can tell if its due to deseases or contaminated water around its farm. It could wipe off everything overnight. But then I undertand  the abalone are fed in tanks so how  so many million died at one go ? Sabatage by ex exployee not happy after told to go ? whats the actual reason - just died for no reason or reason or reasons unknown ? If thats the case it woild be worst as anything the same death could strike - maybe this time 100% casualty - goned. Abalone take years to become big size adult and can sell -  can die within minutes.  So the risk is actually p[retty high.   |
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iPunter
Supreme |
15-Nov-2011 11:11
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Sifu is right... It is all about speculating, which is good...     As long as one acknowledges that it is speculation,               one will not be in for surprises... 
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Laulan
Master |
15-Nov-2011 11:11
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Agreed.  Aussie can be better.  Look at their abalone farms in Australia..superb and high tech and high class industry.
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teeth53
Supreme |
15-Nov-2011 11:10
Yells: "don't learn through life, learn to grow with life " |
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Like that ...Huat, huat...Arhh.
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teeth53
Supreme |
15-Nov-2011 11:07
Yells: "don't learn through life, learn to grow with life " |
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Basically, it good for speculating, cos is volatile in nature...the fall seem in line for some degree to move forward.
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rabbitfoot
Veteran |
15-Nov-2011 11:07
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if the new CEO can present a new roadmap, say rear premium lobsters, it may be a turn around. They should get an Australian CEO for this... | ||||
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Laulan
Master |
15-Nov-2011 11:06
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Most counters are alike.  So many out there.  But sometimes when you want to sell, nobody want to eat your queue.  Sg market not much players who are willing to make the market, or make it alive.  If you look at oversea exchanges, the screen can  never ever be stationary like  the screeen at SGX.  People seldom take risks?  Or whenever they take a risk, they kenna eaten up?  Why are the sharks so bad? | ||||
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teeth53
Supreme |
15-Nov-2011 11:01
Yells: "don't learn through life, learn to grow with life " |
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Sounded like a good buy, be it speculating and or vesting, since CEO resign liao and new one coming in....good for Oceanus from here...just sharing my thot.
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GuavaXF30
Master |
15-Nov-2011 10:29
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You are probably correct. But still, better places to put my money in.
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Laulan
Master |
15-Nov-2011 10:11
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You mean a scam?  In the particular counter, I don't think so.  They experienced heavy losses owing to wrong diviersification and bad luck.  You know the outgoing CEO is a terrible risk taker.  He took risks and lost by the millions.  He probably is a lousy " gambler" and shareholders can only have some sense of relief that he is outgoing and to be replaced soon. Food business on the whole is a risky business because although it is a noble cause business, it faces trmendous challenges.  Look at SunMoon, suffering after so many years, nearly I should say, a decade.  A change of fortune is changing place in Sunmoon, as I see it, with new management trying their best as seen from the previous couple of quarters good  profitability and small losses in between.  So it is never say die for food stuff supplies  (not restaurants). Prices in the stock market esp. in Sg, is rarely a reflection of a company's standing, though.  Look at PSC corp, with over 50 cents in NTA is currently quoted in SGX at around 19 cents. So what gives the stock market? Don't have full trust in it....!!
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GuavaXF30
Master |
15-Nov-2011 09:41
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Dangerous to touch. Either long or short. Shortist this morning now cold sweat as price seems to come back a little. But if you ask me, this counter not worth 5 cents even. Reminds me of the time when people were asked to invest in Ostriches in JB and later found that the eggs they supposedly bought were sold many times to many people. And later the manager claimed the chicks died from diseases. Abalones dying by the millions sounds very similar......
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teeth53
Supreme |
15-Nov-2011 08:58
Yells: "don't learn through life, learn to grow with life " |
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By few cents or by 50%..?. Isit good time for speculating..?. | ||||
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GuavaXF30
Master |
15-Nov-2011 08:51
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This morning price gonna collapse. BUT DON'T TOUCH !!! This kind of losses reversal in just one year signifies problems. Especially when you see that last years profits was due mostly to claims of fair-value of biological assets. I too once  thought this company had a future. Now, no way !
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hlfoo2010
Veteran |
14-Nov-2011 21:13
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(Loss) /Profit for the period    (1150) %         Loss      |
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Laulan
Master |
14-Nov-2011 15:07
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I think we need to know that the SG market is a shortists' market, with many big guns and filty rich using their money deposits to short every counter you can name, except the best of best blue chip.  So price falling will stop only when the shortists have made tons of money but  before they stop shorting the counter price keep falling  will continue to  drag and drag  for a considerable time before it could recover.  Analysts won't tell you all these, maybe they will say that it is rubbish talking, but the truth is out there only  if you care to do a little  research on  your trades. Thus trade small and you will  be on safe side. Newbies should take heed.  Oldies would know somehow. | ||||
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moneycow
Master |
14-Nov-2011 10:19
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This one relally conned by the Anal ysis.  Say it got super potential.......holding  few hundered millions worth of baby abalones..diverting to sea cucumber.... expanding.........open  restaurants selling abalone dishes......Ah Yat.....etc etc.. In the end.......many bought in at high  believening this abalone will  have good future......... Miserery to holders...many might have cutat big lost  and  lot are holding and hoping but hope against hope keep falling....... soime might be holding still at  high price of 48 cents or above when  the initial listing  in Taiwan cause a sensation.but all went wrong and wrong........... Now it looks hopeless... but not sure ..since it has already fallen so much... at this price...or slightly lower might be a good entry point for  PPLK whom never bought this stock. But really have to read and study all its reports, its debt,  its plans.........  ultimately, potential and debts and future plans for the company is  important.. and  this one  may look like good entry point,  its not for short term... But then a gain -  though can go in a low price, having to wait long make it riskier...who knows the company might decide to Call it a day after unstainable  looses then gone case. Low might also not be good. Need to find out reason why,  ppl are not keen. There might be really  reason that make holders dump. |
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iamloser
Member |
14-Nov-2011 10:13
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same .... biggest loss came from this counter....moved on T_T
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moneycow
Master |
14-Nov-2011 10:09
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This one I really super regret and make me loose a large chunk. Bought at 39 cents went up to 40+ cents but still hold.............then plunge to 20 over cents still hold...then... in August  plunge below 20 cents..still hold untill it falls to 17 cents - gave up - sold. Thought  heartpain.  But looking back lucky bite the bullet and sell. Or now :( just 8 cents still falling... |
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iamloser
Member |
14-Nov-2011 10:00
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i give up on this one already....others go up...it goes sideway or down others go down...it goes even more down zzzz |
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louis_leecs
Elite |
14-Nov-2011 09:48
Yells: "half cash" |
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hope can kill the shortist,,,,,,,,,,,,,,,,kill kill kill them,,,,,,,,,,,,,, | ||||
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