| Latest Forum Topics / Annica Last:0.001 -- |
 Post Reply
|
|
News @SGX on 24/10/07@1245hrs
|
|||||||||||
|
787180
Master |
06-Nov-2007 22:47
|
||||||||||
|
x 0
x 0 Alert Admin |
|
||||||||||
| Useful To Me Not Useful To Me | |||||||||||
|
787180
Master |
05-Nov-2007 11:15
|
||||||||||
|
x 0
x 0 Alert Admin |
Carbon Emisson 21st century darling trade -------------------------------------------------------------------------------- With many countries supporting the green house emission...expect demand for such products to be in vogue... Posted: Mon Nov 05, 2007 10:51 am Post subject: -------------------------------------------------------------------------------- alwaysrng wrote: Keppel and Kerry Groups are among Aretae's shareholders as well. i think this is something to bear in mind when thinking abt investing in oculus. hi no > contra plse...just buy and keep if U know it has value ..ignore the ups and downs..ask youself..do U expect to get at 15 to 20cts level...buy with surplus cash and watch it grows later .I know how U feel when U see Oculus plunges..Warren Buffet..buy and keep for value investing..treat ready like FDs esp our banks' deposits are so low..can't ven beat inflation Back to top Posted: Mon Nov 05, 2007 10:51 am Post subject: -------------------------------------------------------------------------------- alwaysrng wrote: Keppel and Kerry Groups are among Aretae's shareholders as well. i think this is something to bear in mind when thinking abt investing in oculus. hi no > contra plse...just buy and keep if U know it has value ..ignore the ups and downs..ask youself..do U expect to get at 15 to 20cts level...buy with surplus cash and watch it grows later .I know how U feel when U see Oculus plunges..Warren Buffet..buy and keep for value investing..treat ready like FDs esp our banks' deposits are so low..can't ven beat inflation..even if it shd test 23cts ..no panic as reported in zao bao on fri 2 Nov Back to top |
||||||||||
| Useful To Me Not Useful To Me | |||||||||||
|
|
|||||||||||
|
787180
Master |
03-Nov-2007 09:50
|
||||||||||
|
x 0
x 0 Alert Admin |
Asia No 1 carboncredit developer ..has hope??? PPle don't want to wait 3 to 5 mths..but for value investing don't bother about this..RTO is likley to succeed as these involve Singapore cos not PRC..Oculus instantly become profitable with 20mil qnd 30mil for Fy 08 and Fy 09 respectively...previously also tested high at 45.5cts in June before July-Aug it was sold down heavily to a low of 15cts but within 2 weeks it spring bk to 25 to 33cts...the swiftness it bounced back is an assuring sign..in fact I collected a lot during its downtrend ..hence see my thread it'll cross 33cts otherwise rights issue aborted..Oculus doesn't even need the rights issue money(gd news right issue cancelled recently) and the American Fund mgr is providing 100mil free interest loan speaks well og co's potential.hence the $600mil to be financed by issuing wholly Oculus shares
at 50cts is justifiable. 2nd fear ppl hve is its parent Global Ariel has tumbled 60% to about 16cts after its RTO by injecting a China-based concrete business in June this year.But the key here is 2 different animals altogether.Carbon Credit Biz will be the market Darling for the 21st century esp with global warming will be giving najor emphasis by all industralised countries.Those not familiar of course sold out but this time is to collect at cheap prices but likel the renowned Warren Bufftet he doesn't worries about fluctations in share prices-for this U need patience and holding power.Of courese everybody want speculative shares that soar non stop but these will be brought to their knees if they hve no solid biz to back up. Although the hydroelectricity powers with PRC cos was aborted but Oculus still provide advisory role..expect more tie-ups but meanwhile the Areate_oculus RTO may bestow 50mil carbon credit to Oculus worth $1 > billions...this kind of enviromental firm is likley to attract American -European fund mangers when Oculus got relisted..but everything has a price..the price U pay is for the wait(3 to 5 mths)   |
||||||||||
| Useful To Me Not Useful To Me | |||||||||||
|
go_francis
Senior |
29-Oct-2007 12:07
|
||||||||||
|
x 0
x 0 Alert Admin |
from CNA:
|
||||||||||
| Useful To Me Not Useful To Me | |||||||||||
|
787180
Master |
29-Oct-2007 10:20
|
||||||||||
|
x 0
x 0 Alert Admin |
Even b4 the paper raise doubts ab conflict of interest...this happens quite often..see Dr Soh of Jade who is owns about 30% of the Russian co to provide futures oil contract trading..Dr soh is sitting on board of both cos and he merely abstain from voting and resolution was passed on 31 Aug 2007..gd chance to accumulate esp in the CPF and RTO between 2 local cos is liklet to be genuine and in the interest of shareholders of Oculus..unlilely to be those kind of contracts with Rowsley and/or Banjoo deal with PRU cos. The problem is investors are impatient and just want the sh price of Oculus to soar..the longer it consolidates the better as the small paid up capital of 180mil and free flaot is about 80mil in the market only and come near the date for it to be relisted on Mainboard the 50cts is definitely achievable and at least 60cts when relisted with new name Areate Ltd-Asia No1 Carbon Credit Developer reply toR0125per...RTO between Oculus and Areate is arrived at a willing buyer/seller situation beneficial for both cos..Oculus is basically a shelf co after disposing of its optical biz nad Areate instead of the costly and lengthy ipo opt instead to list vis backdoor... |
||||||||||
| Useful To Me Not Useful To Me | |||||||||||
|
|
|||||||||||
|
787180
Master |
25-Oct-2007 23:22
|
||||||||||
|
x 0
x 0 Alert Admin |
Investment..long time never hear from U...made lots of $$$ from Jade..right?Sinostar got buy or not when it was quite low? Oculus is issuing 1.2bllion shares2$0.50 to finance its purchase..no loan is required and no rights issue is required..no rational investors will object...related directors normally abstain from voting to prevent conflict of interest |
||||||||||
| Useful To Me Not Useful To Me | |||||||||||
|
ROI25per
Master |
25-Oct-2007 22:13
|
||||||||||
|
x 0
x 0 Alert Admin |
aretae is worth 600m; it is questionable. who will buy @0.50??? | ||||||||||
| Useful To Me Not Useful To Me | |||||||||||
|
go_francis
Senior |
25-Oct-2007 21:11
|
||||||||||
|
x 0
x 0 Alert Admin |
Yeah! Oculus Cheong Arh! [quote="reallymeh"]The Company wishes to clarify that based on the Company?s records, as at 16 October 2007 and 23 October 2007, Mr Tan Teik Chin (?Mr Tan?) had an interest of 5 million shares in the issued and paid-up share capital of the Company which amounted to less than 5% of the total issued and paid up share capital of Company as at the respective dates. He is therefore not a substantial shareholder of the Company. Mr Tan currently does not hold, and has never held, any position on the Board of the Company or any managerial position in the Company, and has no influence over the Board. The Board would therefore like to stress that there is no potential conflict of interests arising from Mr Tan?s shareholding in the Company and that there are no compromises on the independence of the Proposed Acquisition. The Company wishes to highlight that in relation to the Proposed Acquisition, the valuation thereof was arrived at between a willing buyer and willing seller on an arm?s length basis following limited due diligence by the Company. Further due diligence is being carried out by the Company following the signing of the Heads of Agreement, and the Company will have to be satisfied with the outcome of such due diligence prior to Completion. As disclosed in the 16 October Announcement, Aretae has secured over 30 greenhouse gas reduction projects which are expected to generate an aggregate of 50 million carbon credits over the lives of these projects which range from 7 to 10 years and the current market value for a carbon credit for delivery in December 2008 is approximately S$35. The valuation also took into account the Earnings Guarantee provided by the Key Vendors that the aggregate EBITDA of Aretae for the financial year ending 31 December 2008 (?FY2008?) and 31 December 2009 (?FY2009?) shall be not less than S$50 million.As the Definitive Agreements relating to the Proposed Acquisition have not yet been entered into by the relevant parties as at the date of this announcement, no submissions have been made to the Singapore Exchange Securities Trading Limited. The Company wishes to highlight that the parties are under no legal obligation to complete the Proposed Acquisition until such time as the formal Definitive Agreements have been mutually negotiated, executed and delivered. As disclosed in the 16 October Announcement, further updates on the progress of the Proposed Acquisition will be made periodically, in particular an announcement will be made immediately upon the signing of the Definitive Agreements. By Order of the Board 25 October 2007[/quote] |
||||||||||
| Useful To Me Not Useful To Me | |||||||||||
|
|
|||||||||||
|
cashcomstock
Member |
25-Oct-2007 18:30
|
||||||||||
|
x 0
x 0 Alert Admin |
This is a good news or bad news for us that is holding Oculus? The price seems not moving. | ||||||||||
| Useful To Me Not Useful To Me | |||||||||||
|
investment
Senior |
25-Oct-2007 18:06
|
||||||||||
|
x 0
x 0 Alert Admin |
PROPOSED REVERSE TAKE-OVER OF ARETAE PTE LTD - CLARIFICATION ON THE NEWSPAPER ARTICLE ?OCULUS? REVERSE TAKEOVER OF ARETAE RAISES QUESTIONS? IN THE STRAITS TIMES ON 25 OCTOBER 2007 The Board of Directors (the ? the announcement dated 16 October 2007 (the ? in the Straits Times on 25 October 2007 (the ? acquisition of the entire issued and paid-up share capital of Aretae Pte Ltd (? result in a reverse take-over of Aretae (the ? capitalised terms in this announcement shall have the same meaning ascribed to them as in the 16 October Announcement. The Company wishes to clarify that based on the Company?s records, as at 16 October 2007 and 23 October 2007, Mr Tan Teik Chin (? and paid-up share capital of the Company which amounted to less than 5% of the total issued and paid up share capital of Company as at the respective dates. He is therefore not a substantial shareholder of the Company. Mr Tan currently does not hold, and has never held, any position on the Board of the Company or any managerial position in the Company, and has no influence over the Board. The Board would therefore like to stress that there is no potential conflict of interests arising from Mr Tan?s shareholding in the Company and that there are no compromises on the independence of the Proposed Acquisition. The Company wishes to highlight that in relation to the Proposed Acquisition, the valuation thereof was arrived at between a willing buyer and willing seller on an arm?s length basis following limited due diligence by the Company. Further due diligence is being carried out by the Company following the signing of the Heads of Agreement, and the Company will have to be satisfied with the outcome of such due diligence prior to Completion. As disclosed in the 16 October Announcement, Aretae has secured over 30 greenhouse gas reduction projects which are expected to generate an aggregate of 50 million carbon credits over the lives of these projects which range from 7 to 10 years and the current market value for a carbon credit for delivery in December 2008 is approximately S$35. The valuation also took into account the Earnings Guarantee provided by the Key Vendors that the aggregate EBITDA of Aretae for the financial year ending 31 December 2008 (? than S$50 million. As the Definitive Agreements relating to the Proposed Acquisition have not yet been entered into by the relevant parties as at the date of this announcement, no submissions have been made to the Singapore Exchange Securities Trading Limited. The Company wishes to highlight that the parties are under no legal obligation to complete the Proposed Acquisition until such time as the formal Definitive Agreements have been mutually negotiated, executed and delivered. As disclosed in the 16 October Announcement, further updates on the progress of the Proposed Acquisition will be made periodically, in particular an announcement will be made immediately upon the signing of the Definitive Agreements. By Order of the Board 25 October 2007 Board?) of Oculus Limited (?Oculus? or the ?Company") refers to16 October Announcement?) and to the articleST Article?) regarding the Company?s proposedAretae?) which willProposed Acquisition?). Unless otherwise defined,Mr Tan?) had an interest of 5 million shares in the issuedFY2008?) and 31 December 2009 (?FY2009?) shall be not less |
||||||||||
| Useful To Me Not Useful To Me | |||||||||||
|
787180
Master |
25-Oct-2007 16:44
|
||||||||||
|
x 0
x 0 Alert Admin |
quote="happyday"]Announcements 05 Sep 2007 Clarification Announcement Reference is made to the announcement number 00181 made on 6 July 2007 relating to the notice of a new substantial shareholder's (the "Shareholder") interest. The Board of Directors of Oculus Limited (the "Company") wishes to announce that it has been informed by the Shareholder the announcement is erroneous and has clarified that he is not the beneficial owner of all the 29 million shares held in the name of UOB Kay Hian Nominees Pte Ltd. The Shareholder has clarified that he is the beneficial owner of only part of the said 29 million shares and his interests in such portion amounts to less than 5% of the issued share capital of the Company. Accordingly, the Shareholder is not a substantial shareholder of the Company and the announcement number 00181 made on 6 July 2007 should be deemed void...positve new for Oculus..many pple are buying big on this counter..renewable alternative hydro electric power play to coal/oil which PRC is encouraging[/quote] The above announced on 5 Sept..was referring to Tan Teik Chin was the substantila buyer mentioned in today's St Times dated 25 Oct...easier same as Dr Soh who normally abstained as his acquired cos or joint venture firms are mostly owned directly or indirectly via subsidiary or asscoiateship..Areate ltd already has 50mil tradable credits worth S$1 billion and with Oculus current paid up of only 180mil..the push towards 50cts is easy for such small cap stock..buy on weakness 33-33.5 just in sept the married deal was also at 33cts unlikley to drop below |
||||||||||
| Useful To Me Not Useful To Me | |||||||||||
|
787180
Master |
25-Oct-2007 08:38
|
||||||||||
|
x 0
x 0 Alert Admin |
quote="sporeguy"]Today's Straits Times indicated that both Oculus and Aretae have the same director and that Oculus might have paid too high a price for the RTO[/quote]..possible..the directors involved hve to abstained from voting...Dr Soh from Jade also cross acquire his related cos but abstain from voting RTO is on a domestic co not like Banjoo..related with PRC no guarantee ..can be terminated according to their whims and fancies...unless there is an adverse change in circumstances for offeror and offeree or major sh holders object which is unlikely as Oculus after selling optical biz has nothing left..the carbon emission is the"in-thing' for 21st Century... |
||||||||||
| Useful To Me Not Useful To Me | |||||||||||
|
|
|||||||||||
|
go_francis
Senior |
24-Oct-2007 13:35
|
||||||||||
|
x 0
x 1 Alert Admin |
OCULUS LIMITED Company Registration No : 198304025N INCORPORATION OF ARETAE ECOVENTURES PTE LTD Further to the announcement dated 2 October 2007, the Board of Directors of Oculus Limited (the ?Company?) wishes to announce that it has on 23 October 2007 incorporated a new joint venture company named Aretae EcoVentures Pte Ltd (?Aretae EcoVentures?) pursuant to the joint venture agreement entered into between the Company and Aretae Pte Ltd (?Aretae?). Aretae EcoVentures is incorporated solely for advising on, managing and running waste-handling & disposal and renewable energy & sustainable development projects and is part of the Company?s strategy to develop Renewable Energy and Environmental Resource businesses. As at the date of this announcement, Aretae EcoVentures has an issued and paid-up share capital of S$2 divided into two ordinary shares, one share each being held by Aretae and the Company. Pursuant to the joint venture agreement, Oculus will be providing an interest-bearing shareholders? loan of S$1.0 million to Aretae EcoVentures to enable it to meet its initial funding requirements and expenses. [The above transaction is not expected to have any material impact on the earnings per share and net tangible assets of the Company for the current financial year ending. By Order of the Board OCULUS LIMITED Low Shiong Jin Executive Director 24 October 2007 1 OCULUS LIMITED Company Registration No : 198304025N INCORPORATION OF ARETAE ECOVENTURES PTE LTD Further to the announcement dated 2 October 2007, the Board of Directors of Oculus Limited (the ?Company?) wishes to announce that it has on 23 October 2007 incorporated a new joint venture company named Aretae EcoVentures Pte Ltd (?Aretae EcoVentures?) pursuant to the joint venture agreement entered into between the Company and Aretae Pte Ltd (?Aretae?). Aretae EcoVentures is incorporated solely for advising on, managing and running waste-handling & disposal and renewable energy & sustainable development projects and is part of the Company?s strategy to develop Renewable Energy and Environmental Resource businesses. As at the date of this announcement, Aretae EcoVentures has an issued and paid-up share capital of S$2 divided into two ordinary shares, one share each being held by Aretae and the Company. Pursuant to the joint venture agreement, Oculus will be providing an interest-bearing shareholders? loan of S$1.0 million to Aretae EcoVentures to enable it to meet its initial funding requirements and expenses. The above transaction is not expected to have any material impact on the earnings per share and net tangible assets of the Company for the current financial year ending 31 December 2007. By Order of the Board OCULUS LIMITED Low Shiong Jin Executive Director 24 October 2007 |
||||||||||
| Useful To Me Not Useful To Me | |||||||||||
