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.

Read full article: OCULUS as Asia’s No.1 carbon credit developer

Unlikely to drop <33cts the worst scenario..need to break 45cts resistance..will creep towards 50cts since purchase consideration is 50cts to fund purchase of Areate Pte Ltd...Oculus got 100mil interest free loan from US fund manger and the proposed rights issue may appear redundant,,,the rights price proposed in July was 32cts..U see Aug sharp correction Oculus'price was bashed to a low of 15cts and has since recovered to ab 40cts..very remarkable...accumulation by BB all the way from 18cts to 33cts prior to breakout on Oct 11..temporary weakness is due to those who bought but unable to pick up purchased from wed 10,thur,wed 11,fri 12 oct....


Oculus' main biz ia takeover biz from Areate and as for China's biz now merely act as advisory and consultancy role..not in hydro electricity any > also good for Oculus as hydro electricity is capital intensive

woah looks interesting......now still worth buying?

The above will show U many bought on thur and fri 11 and 12 respectively

total vol 227mil and probably 164 mil took or contra out already..selling pressure still exits will be fully out by Mon 22..gd time to collect either today or tomorrow on further weakness for those who can't pay up..Beauty is that Oculus is holding very well..just reufused to go down..

I could recalled on 25 June after I sold at 40cts it touched high of 45cts..it looks like he 45cts could be broken soon as consolidation is in process as accumulation between 39 to 42cts..shd creep towards 50cts or higher..worth collecting unlikely to see 30 to 33cts anymore in view of its transformation to be Asia's No 1 Carbon Credit Developer to be publicly listed..long term will catch the eyes of European fund managers-Oculus will be given 50mil carbon credits worth $1.75billions

today's weakness as last thur( 11oct) anf Fri(12Oct ) of total vol (127 + 130=257mil)..a lot of ..contra players are forced to pick up by today..gd chance to collect at 37-37.5cts..by next week unlikley this price..stop loss 33cts(very...very unlikley)

Oculus has to do something now that it has abandon alternative hydroelectricity in China..Oculus act as adviser to them only..better no need to incur huge capital cost...the carbon credit no 1 in Asia will be shifted to mainboard is another plus point...even China syndicates linked to their relationships while working on the hydroelectricity projects are buying..that's all I can reveal..but bros and sis..need patience..don't contra lah..don't expect it to drop below 33cts( in sept married deal0..that was chinaman's first entry into Oculus..still supporting..not to worry.


Recall Jade in Feb when it was 15 to 20cts all nearly urinate in their pants..onlyI played hero..say buy.also for Banjoo 8 to 14cts I scream buy...after lifting 18 to 20 to 24...28cts but now i'm fully out of Jade and Banjoo now...sori talk so much..going to get scolding from some of U again..let's all be happy

..Oculus is not like Banjoo..empty air only...the RTO is over a locally incorporated entity Areate Ltd..not some lottery biz in PRC...but some too many contra players..last thur & fri 11 & 12 Oct respectively extraordinary vol of 130mil and 127mil..now many can't pick up..forced selling and overall weak Oct 19 anniversary and oil >USD 90..price weakness expected