Oceanus

Dongdaemun
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10 years 8 months ago #15905 by Dongdaemun

Replied by Dongdaemun on topic Oceanus

?? Total financial losses arising from the recent mortalities (since 31 July 2013) in the Relevant Period are estimated to be in the range of RMB 1.0 million to RMB 1.5 million, which is not financially significant to the Company. ??

infopub.sgx.com/FileOpen/OGL_Resume_susp...cement&FileID=254628

But the market sentiment is not positive and you can expect the share price to be weak. Goodluck everyone.

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Big Fish
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10 years 7 months ago #16306 by Big Fish

Replied by Big Fish on topic Oceanus

Another hit. Damn suay.

As Typhoon Usagi hit Guangdong, coastal Zhejiang and Fujian provinces in China where the majority of abalone production is sited, the Board was informed by the China production team that industry-wide damages were caused to abalone farmers and manufactures in these affected
areas. Some of the facilities in the Group’s abalone farms that are located in Guangdong and Fujian provinces were damaged. The Hui Lai Farm, the Gu Lei Farm, the Fo Tan Farm and some abalone farming and production facilities (and to a lesser extent biological assets) were affected
to some extent.

The information available to the Board at this juncture is very preliminary. The typhoon has cut off the access to some of the farms due to road damage, blockages and adverse weather, and electricity and phone availability has been disrupted. The management team will be visiting all the farms to assess the damages caused and update shareholders on the details of the disruptions
caused to the Group.

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Big Fish
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10 years 6 months ago #17225 by Big Fish

Replied by Big Fish on topic Oceanus

Sunk to the bottom of the Pacific Ocean liao, now at 1.6 cents only. My friend's friend was at the aGM and comprehended that Dr Ng is a private equity guy with deal-making prowess. He may have some cards up his sleeves to get investors to salvage Oceanus or to inject new businesses into Oceanus. Don't write Oceanus off yet.

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Alanmong
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10 years 6 months ago #17429 by Alanmong

Replied by Alanmong on topic Oceanus

I holding Oceanus at 0.019 .. Thinking of cut lose .. Should I do that ?

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Alanmong
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10 years 6 months ago #17451 by Alanmong

Replied by Alanmong on topic Oceanus

Today Oceanus high volume buyer of .017 .. Take note .. Price bottoming up soon !!

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Alanmong
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10 years 6 months ago #17488 by Alanmong

Replied by Alanmong on topic Oceanus

Anyone buy Oceanus .017 ? I buy at that price ... Profit !!! Today up to .021

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