$OCEANUS GROUP LIMITED(579.SI)$ I like to reiterate just be patient. The poor performance is kind of expected. The reasons given for the poor performance is reasonable and acceptable. For now just hold on to your shares. It does not make sense to liquidate. There is no immeninent danger of oceanus going under based on the financials provided the auditors did a fairly good job to ensure the figures are accurate. If so, I will suggest to hold on your shares. You get peanuts if you liqiudate now. It makes no sense. If the management can turn it around which I have confident they will, your meagre investments will enjoy meteoric growth considering they are also in food distribution supply chsin. Considering ourselves luck
Though many analysts said the shares had hit the bottom. I reiterate and advise to trade carefully. Everything is fluid. It may be a bottomless pit for now. You cannot based on price history. Trade based on share profitability potential and exponential PE. Please dont based on charts to trade, examples head and shoulders. Just used macd and Rsi as a guide only. Do your trading based on candle sticks for price movements. It is more reliable for now. You need to watch the market and news. It is so volatile, you just have watch. No other short-cut
Dear Friends, we are retailers. The big boys can move the markets For those who get entangled with First Republic Bank you get burnt badly if you had sold shorts You dont know the games of big boys unkess you are in the leagues. Now just invest in indices. Wait for the storm to calm. Then Look at Hk indices. It is a safer bet. Put stop loss 150 pips. Put target profit 800 to 1000 pips.
First Republic Gets $30 Billion of Fresh Deposits in Bank Rescue
For those who are heavily laden with unrealised losses of oceanus, please don't be discouraged. The present price movement is the death of a covid 19 patient. Investors fear China authoritues clamped down again. Oceanus substantial exposure in China is one of my listed disadvantage. This situation is temporal. It will a great advantage when China recovers. I will be unduly worried if this covid 19 situation in China is to go on for another 2 more years. Cash will be greatly depleted. We have a capable CEO. At this price no point to cash out. Fight on. You will not regret. Accumulate only if the next 2 quarters generate profits. For risk management and cost and benefit hypothesis . Just maintain status quo.
I dont understand why so many analysts are recommending Tesla when the shares are overvalued. Theydont seems to be able to differentiate the branch from the Tree. The tree is infected with poor corporate governance of the CEO. It had been like this for years. For retirees please dont put funds in this counter for long term strategy. Do it for short-term gains. Once Musk snd his gang are out, the market will find the equilibrium price . For now just trade for such term gain. I will find opportunity to short rather than long.
Tesla Faces US Criminal Probe Around Self-Driving Claims
The market is so volatile. It is dictated not by market fundamentals but uncertain geo political situation. Everyone was heralding the end of Covid-19 for markets to bring some light at the end of tunnel. Then inflation problems quickly put out the small glimmer of hope. No point commiting more funds to put Great financial stress on mental and physical well-being. I suggest follow the flow day by day. Just make some profit by being a day trader. If you are focused you can make money. Just follow the price movements of the indices. Again use Macd, Rsi as a guide only. Don't follow charts and stop worshipping chartists. This is uncharted era. The real regret you will have in your life if you
Tesla Cuts Starter Prices for Model 3, Model Y in China By up to 9%
I notice many had lost monies furing the pump and dump era a year ago gor oceanud Dont despair you will recoup your loses . At this point dont liquidate your oceanus shares. You get back peanuts. Hold on to your shares you will not regret. ASSETS are up slmost 50%. Liabities are down , gross sales are up. Most important CEO remunetation is not exbitant. So far he has not lost his original vision to turn atpund the company. The company is well placed. Barring unforseen circumstancrs as long the cash flow is still healthy the in route to Uberkistan is very encouraging. It will lead the compamy to make further intoute with other countries in Central Asia. It is more significant than China because there ar
I had previously said in my post, we are in a different ball game and uncharted territories . We have to discard the herd instincts and go to the basics.. 1.Please read analyst reports with a pinch of salt. Analysts were recommending Tesla and markets already hit the bottom . In the previous posts, I specifically mentioned don't touch Tesla because Musk has to sell his stakes in Tesla to fund his acquisition in twitters and the unrealised loss in the his investment in crypto currencies. 2. Manage your investments on a day to day basis. Is like a cancer. No one know whether it is in remission. Keep cash to profit on the the uptrend. Even keeping cash I suggest for now don't keep in US. The US is over valued because of interest rate increased. If the
We are not out of the woods yet. I do not think the bounce can be sustained. If you have big unrealised lost and your portfolios are good shares. Not to worry, learn to live with it. The bounce will be furious and with vengeance. But if your portfolio contain shitty shares, do some reallocation. Unless you are very very cash rich, For now don't buy. Is better late than losing more money. Once the indices show sign of fatigue, it will trend down. At this juncture execute your short. For now just stay put. Monitor. Execute the right move at the right time. You will not regret.
Singapore REIT Share Prices Have Continued to Plunge: Should Investors Be Worried?
Oceanus plse be patient . Just stay with it for a while . Based on the 1st quarter financials, I dont expect the second reports to be disastrous. If they break even or a small net loss you may start to accumulate slowly as long as cash position is not impaired. UK is running short of vegetables. I doubt Oceanus will go under. I had suggested previously to look at Chinese stocks. It spiked. In February HK is down about 9 %. Dont look at induvidual stocks There are a lot of manipulations. Just buy HK indices.Hold it for a while. Put a stop loss of 150 pips . Prifit target 500 to 1000 pip You can make some pocket money .zDont trade you will lose monies