OCEANUS TDR TW$11.00 or SGD$0.475 - see TSE link below

RZENG
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14 years 3 months ago #2230 by RZENG

OCEANUS TDR TW$11.00 or SGD$0.475 - see TSE link below was created by RZENG

Oceanus latest traded price is TW11.00 which is S$0.475. Any idea why Oceanus is SGX is only at 0.425 and even at the low of 0.4 today?? Please comment mis.twse.com.tw/Best5_new_E.html?StkNo=910579&Refresh=1

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winstorn
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14 years 3 months ago #2233 by winstorn

Replied by winstorn on topic Re:OCEANUS TDR TW$11.00 or SGD$0.475 - see TSE link below

Singaporeans - kei su and kei si. When prices goes up - chong !!! when price goes down - sell !!!. Now you can see this morning red had turn green already. As what you say that the price now is 0.475 and that means OCeanus will chong to 0.47 level maybe by tomorrow. This is how Singaporeans work. We see Taiwan prices to trade instead of Taiwan see Singapore to trade. So have patience.

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RZENG
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14 years 3 months ago #2235 by RZENG

Replied by RZENG on topic Re:OCEANUS TDR TW$11.00 or SGD$0.475 - see TSE link below

Thanks for your input. I agreed with your view on the short sell is over now. Q for 0.405 just now but did not get.

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neontet
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14 years 3 months ago #2237 by neontet

Replied by neontet on topic Re:OCEANUS TDR TW$11.00 or SGD$0.475 - see TSE link below

NTD11 is the highest the TDR can go for today - it has reached the 7% limit (stupid limit if u ask me). NTD11 is S$0.48, which is way ahead of Singapore price of 41.5 cents currently. After the contra-selling is over in a day, the Sp price will rebound. Cannot catch up ...> Tomorrow, TDR may hit NTD11.77..... :laugh:

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RZENG
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14 years 3 months ago #2239 by RZENG

Replied by RZENG on topic Re:OCEANUS TDR TW$11.00 or SGD$0.475 - see TSE link below

Ya the 7% thing is quite a surprise to many of us. I think 41.5c still ok to buy, will grab some today

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Mel
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14 years 3 months ago #2240 by Mel

Replied by Mel on topic Re:OCEANUS TDR TW$11.00 or SGD$0.475 - see TSE link below

The stockbroking firms want us to take profit lo. OCBC analyst has this opinion today: \"Downgrade to HOLD on lack of catalysts. Oceanus\' shares have surged by 24% since we last reiterated our BUY rating. Upside may be limited from current levels in the absence of near-term catalysts. In our view, until sales and earnings growth catch up with valuations, further share price appreciation may be capped. We have lowered our FY10 NAV estimate to 95.2 RMB cents from 95.9 RMB cents on the lower-than-expected TDR pricing, but our fair value estimate remains intact at S$0.41. Oceanus\' recent share price appreciation has lifted the stock close to our fair value estimate. As such, we downgrade our rating to HOLD. (Lee Wen Ching)\"

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