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Oculus Rights Issue at 32cts

Carbon Emisson 21st century darling trade

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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:

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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

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Posted: Mon Nov 05, 2007 10:51 am Post subject:

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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

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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

 

need to wait..bro..will U feel frustrated if it remain at 32-33cts for some time...but unlikley to drop below 30cts...


Better to buy Bengkuang ..going for stock split soon..once EGM announced..2 weeks after meeting book close..cum all...likley U g'tee make $$$.eg say 90cts ..1 lot U'll hve 2 more..total 3....90/3=30cts after xall normally .30cts or U can sell cum sure push up to say $1.10.


previous experience innovalue ( 1 for 1 bonus)..bought at $1.18...before ex push to $1.54..last day was $1.45...xall she be $0.73( $1.54 divided by 2 ) but ex it traded at 81cts..


another example..bought  Thomson Medical  10 for 1 bonus bought at 50cts 100lots.....before ex it was pushed to 64cts after ex58cts now so long already still at 66cts..so unlikley to lose $$$


I bought also on similar basis for Juitian,Singapurafinance,etc

 

regards

Happyday-Oculus need to wait patiently expected relisting next year as Areate ..change of name..China Transcom b4 RTO was 61.5cts and pte placement was 58cts and relisted as China auto Electronics now traded at 72cts safe but hve to wait for few months

 

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

 

quote="pacman"]the interest rate is not even enough to cover inflation of 2.7%.  Even the CPF rate 2.5% is negative adjusted for inflation.  your money in the bank and CPF is losing value.

Invest wisely.[/quote]..absolutely right..put $$$ in Oculus at 35cts in about 5 mths likley will reach 50cts or > as that is the purchase price to buy Areate and Oculus will be relisted on mainboard U'll get 43% ( 50-35)divided by 35...or ven higher likley will be 60cts (60-35)


just like China Auto Electronics(previously China Transcom) after RTO price at 72cts verses 61cts(suspension or last done price0 about 18% (72-61) divided by 61 still better than the measurable interest rates in s'pore banks

 

go_francis wrote: Announcement @ SGX 19/10/07 @18:44 Quote: OCULUS LIMITED (Company Registration No. 198304025N) PROPOSED RENOUNCEABLE AND UNDERWRITTEN RIGHTS CUM WARRANTS ISSUE Reference is made to the announcement made on 11 July 2007 (11 July announcement) in relation to the proposed renounceable and underwritten rights cum warrants issue (Proposed Rights cum Warrants Issue). On 22 August 2007 the Board announced (Proposed Bond Issue Announcement) that the Company had entered into a bond subscription agreement with D.B. Zwirn Mauritius Trading No. 3 Limited (Subscriber) under which the Company had proposed to issue up to S$100 million in aggregate principal amount of redeemable zero coupon convertible bonds to the Subscriber (Bonds). It was further announced that the proceeds from the Bond Issue will be used by the Company for the acquisition of new businesses in renewable energy and oil services. On 16 October 2007 the Board announced (Proposed Acquisition Announcement) that the Company had entered into the HOA with the Key Vendors in relation to a proposed acquisition by the Company, subject to the satisfaction of certain conditions, of the entire issued and paid-up share capital of Aretae which will result in a reverse take-over of Aretae. As announced in the Proposed Acquisition Announcement, Aretae is an environmental solutions company that focuses on climate changes initiatives that can help combat global warming. In the 11 July announcement the Board had announced that the proceeds from the Proposed Rights cum Warrants Issue will, inter alia, fund the growth and expansion of business and working capital requirements. Upon satisfaction of the conditions set out in the Proposed Bond Issue Announcement, the Bonds will raise up to S$100 million (in 50 equal successive tranches of S$2 million each) for the Company. Given the above, the Board does not intend to proceed with the Proposed Rights cum Warrants Issue. Further announcements will be made in due course as and when appropriate. Unless otherwise defined, all capitalized terms used herein shall bear the same meaning as defined in the 11 July announcement, the Proposed Bond Issue Announcement and the Proposed Acquisition Announcement accordingly. By Order of the Board Low Shiong Jin Executive Director 19 October 2007 This is a very positive news..no investors want to come up with $$$..nobody when co announce rights issue..its share price drops.It also speaks well of the financial strength of Oculus and that it can fund its purchase of Areate Ltd with internal funds.besides the American fund manager is prepared to loan 100mil convertible loan to Oculus(in the process of signing & getting sh holders'approval) with zero interest..again it suppoorts the belief that Oculus' price will increase over time and Oculus need not pay interest as the fund mgr will find it > beneficial to convert its loan to Oculus' shares...all is well for Oculus
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Announcement @ SGX 19/10/07 @18:44

[quote]

OCULUS LIMITED
(Company Registration No. 198304025N)
PROPOSED RENOUNCEABLE AND UNDERWRITTEN RIGHTS CUM WARRANTS ISSUE
Reference is made to the announcement made on 11 July 2007 (11 July announcement) in relation
to the proposed renounceable and underwritten rights cum warrants issue (Proposed Rights cum
Warrants Issue).
On 22 August 2007 the Board announced (Proposed Bond Issue Announcement) that the
Company had entered into a bond subscription agreement with D.B. Zwirn Mauritius Trading No. 3
Limited (Subscriber) under which the Company had proposed to issue up to S$100 million in
aggregate principal amount of redeemable zero coupon convertible bonds to the Subscriber
(Bonds). It was further announced that the proceeds from the Bond Issue will be used by the
Company for the acquisition of new businesses in renewable energy and oil services.
On 16 October 2007 the Board announced (Proposed Acquisition Announcement) that the
Company had entered into the HOA with the Key Vendors in relation to a proposed acquisition by the
Company, subject to the satisfaction of certain conditions, of the entire issued and paid-up share
capital of Aretae which will result in a reverse take-over of Aretae. As announced in the Proposed
Acquisition Announcement, Aretae is an environmental solutions company that focuses on climate
changes initiatives that can help combat global warming.
In the 11 July announcement the Board had announced that the proceeds from the Proposed Rights
cum Warrants Issue will, inter alia, fund the growth and expansion of business and working capital
requirements.
Upon satisfaction of the conditions set out in the Proposed Bond Issue Announcement, the Bonds
will raise up to S$100 million (in 50 equal successive tranches of S$2 million each) for the Company.
Given the above, the Board does not intend to proceed with the Proposed Rights cum Warrants
Issue.
Further announcements will be made in due course as and when appropriate.
Unless otherwise defined, all capitalized terms used herein shall bear the same meaning as defined
in the 11 July announcement, the Proposed Bond Issue Announcement and the Proposed
Acquisition Announcement accordingly.
By Order of the Board
Low Shiong Jin
Executive Director
19 October 2007

[/quote]

 

 

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Since my call on Aug 28..when Oculus was trading btw 25 to 30cts..Oculus has done well as at todate..

 Accumulation process 39.5 to 41.5cts

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Even during sharp >60points early morning drop on wed 17Oct..Oculus drop to 37cts momentarily and move back to 40 to 41.5cts...today 18 Oct.Oculus remain in trading range 39.5 to 42cts ..suspect accumulation process is on..since breakout on 11 oct and announcement RTO of Areate..counter never drop below 37cts and most trade are btw 40 to 42cts...buy with 2 mths to 5mths holding as price is liklely to creep towards 50cts or higher in a matter of time

 

Home: Latest Features

OCULUS: Exciting times ahead in the green field Written by Leong Chan Teik    Wednesday, 17 October 2007 OCULUS used to manufacture contact lenses that had tints of colour. It was a tough business, never mind that the lenses added a glint of excitement to their users. Oculus has far more exciting times ahead: it is in the midst of a reverse takeover of a company that is in the emerging business of providing eco-friendly solutions.   To briefly explain the chart on the right, the target takeover company, Aretae, is bringing to the table 30 projects in the region yielding 50 million carbon credits. Other products: 240,000 tonnes of compost/fertilizer and 250 MW of electricity. Ok to collect at 39 to 40.5cts level....limited free float..3 mths later will not be at this price Read full article: OCULUS as Asia?s No.1 carbon credit developer

 

ok,buy some more

 

Posted: Tue Oct 16, 2007 4:42 pm    Post subject:
reallymeh wrote: company dealing with the environment (carbon credits) are well sought after by european fund... uptrend intact absolutely right..vol .110mil as at 4.45pm..very safe,,,buy..buy

 

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This do not look good

Share price will drop much further

 

Posted: Sat Oct 13, 2007 9:39 am    Post subject:
Oculus wrote: TARGET $1 ..long term highly possible..renewable energy is indefinite and pollution free.. Joined: 20 Apr 2007 Posts: 2053 Posted: Sat Oct 13, 2007 9:37 am Post subject: Oculus hve the financial backing of US mgr -------------------------------------------------------------------------------- Just to reassure of all U who'r eworrried about the halt...Oculus is buzzing with activities-hydroelectric plants in PRC which is alternative to oil and coal biz..will be in the in-thing,the waste recycler in Indonesia..proposed rights price in July about 32cts..stop worrying where it is going to get the $$$$...Besides its directors and parent Global Ariel has undertaken to subscribe for all its rights...its CEO remarked that Oculus has forward looking biz and co can borrow $$$ with no interest expense incurred.This speaks well of Oculus' future.The $100mil from US fund manager will enable Oculus to ask for > such interest free loans to fund its activities..but of course no free lunch..the loan is convertible to Oculus shares..therefore Oculus will try its utmost to boost its shares in the long term..very rare to get convertible loan without need to pay even the coupon interest retes at all. see below.. Posted: Tue Aug 28, 2007 9:07 am Post subject: Occulus to Cross 32cts soon otherwise rights issue aborted -------------------------------------------------------------------------------- Has anyone notice the swift recovery of Oculus move from 15cts to 18..20..22....25 and 27cts now...major sh holder Ariel has undertaken to take up all its rights entitlement at 32cts each...recent financing obtained is gd news for Oculus..show financiers/investors are confident of co's projects. OCULUS SECURES $100M FINANCING FACILITY Business Times (23 Aug) - Oculus Ltd said yesterday it has secured a $100 million financing facility from a major New York-based fund manager to fund its business expansion in renewable energy and oil services businesses. The facility is a convertible bond that gives the bondholder an option but not the obligation to convert the debt into equity. Under the bond subscription agreement, Oculus will issue up to $100 million in zero-coupon convertible bonds - in 50 successive tranches of $2 million each - to DB Zwirn Mauritius Trading No 3 Ltd and its affiliates. The maturity date is five years after the date of issue. After the issue of the initial tranche of $2 million, either Oculus or DB Zwirn would have the option to ask for subsequent tranches within five years of the initial completion date of the first tranche. DB Zwirn is wholly owned by DB Zwirn Special Opportunities Fund, a partnership managed by DB Zwirn & Co, a global alternative investments manager and financial group with more than US$5 billion worth of assets under management. Oculus said the terms of the convertible bonds are favourable to the company. There is no interest payable on the bonds, no restrictions on future borrowings and future equity raisings and no subordination of existing financing facilities. The group will also issue bonds only as and when needed. The facility can be terminated by either party. Oculus executive director Low Shiong Jin said: 'Oculus is in a position today to issue convertible bonds on such favourable terms because of our strengthened financials and bright prospects going forward.' While the main objective of issuing the convertible bonds is to raise capital for business expansion, a related objective is to increase Oculus's market capitalisation and trading liquidity, the company said. The bond agreement is subject to the approvals of SGX and Oculus's shareholders, among other conditions. Back to top

 

hit 44cts already..vol 102mil...once it breaks its previous high..this "different animal" altogether will soar..imagine weak sentiments today still go up..Oculus

 

Charts breakout detected..sold out too early ytday..boiught bk at 40 to 41.5cts..hydro electricity and watse recycler..may also be pushing for its rights issue to be successful..married deal 33cts on 7 Sep

 

at current market, this share will move between 0.28 to 0.33.