/> ShareJunction - Member Posts
logo transparent gif
top_left_edge top_white_spacer top_right_edge
Home Latest Stock Forum Topics MyCorner - Personal Stocks Porfolio Stock Lists Forex Investor Insights Investment News Investor Research & Links Dynamic Stock Charting FREE Registration About Us top spacer top spacer
 User Password Auto-Login
Enter Stock
 
righttip
branding

Back

Latest Posts By Peter_Pan - Supreme      About Peter_Pan
First   < Newer   3601-3620 of 4497   Older>   Last  

23-Jan-2013 20:37 Vard   /   STXOSV       Go to Message
x 0
x 0

Fincantieri faces tough call in general offer to STX OSV shareholders



Wednesday 16 January 2013, 13:43 

Next hurdle may prove insurmountable in Italian firm’s bid to take shipbuilder private
Good Post  Bad Post 
23-Jan-2013 19:51 Vard   /   STXOSV       Go to Message
x 0
x 0 		It's Dirt Cheap!!!
Good Post  Bad Post 
23-Jan-2013 19:50 Vard   /   STXOSV       Go to Message
x 0
x 0 		Anticipating the big pop.......smart money buy on dips.
Good Post  Bad Post 
23-Jan-2013 19:38 Vard   /   STXOSV       Go to Message
x 0
x 0

STX-MEN UNITED

Now Showing 
Good Post  Bad Post 
23-Jan-2013 19:35 Golden Agri-Res   /   GoldenAgr       Go to Message
x 0
x 0 		Seems to be on mid to long term downtrend for now.
Good Post  Bad Post 
23-Jan-2013 19:25 Dyna-Mac   /   Dyna-Mac Holdings       Go to Message
x 0
x 0 		Don't miss the boat woh....upgrading of engine is completing..
Good Post  Bad Post 
23-Jan-2013 19:22 Dyna-Mac   /   Dyna-Mac Holdings       Go to Message
x 0
x 0 		Going for the next leg.
Good Post  Bad Post 
23-Jan-2013 19:07 Swiber   /   Swiber       Go to Message
x 0
x 0 		Done some technical analysis also, cannot follow blindly.

srichipan      ( Date: 23-Jan-2013 18:59) Posted:

Peter you base it on analyst reports ah? That's what I saw from your previous posts.

Peter_Pan      ( Date: 23-Jan-2013 18:28) Posted:

Simple, this is a company with a good base. You may refer to my earlier postings. Cheers
Good Post  Bad Post 
23-Jan-2013 18:57 AusGroup   /   AUSGROUP: 1H09 revenue up 28.8% to reach A$260.5 m       Go to Message
x 0
x 0

On the chart, it doesn't look good at all, bollinger band shows extremely high volatility, MACD is like going to u-turn, RSI and Stochastic also like going to u-turn. Momentum has plunged.

Anyway, play by ear lar. 
Good Post  Bad Post 
23-Jan-2013 18:47 Straits Times Index   /   STI to cross 3000 boosted by long-term investors       Go to Message
x 0
x 1 		Enjoy...
Good Post  Bad Post 
23-Jan-2013 18:28 Swiber   /   Swiber       Go to Message
x 0
x 0 		Simple, this is a company with a good base. You may refer to my earlier postings. Cheers!

Bryanchoo      ( Date: 23-Jan-2013 17:18) Posted:

hi Peter, any reasons for the last moment rally?have been viewing this counter for the past few days, was stagnant.

Good Post  Bad Post 
23-Jan-2013 18:23 Vard   /   STXOSV       Go to Message
x 0
x 0 		STXOSV $1.555 COME MSmileyNEY COME
Good Post  Bad Post 
23-Jan-2013 18:18 Midas   /   Midas       Go to Message
x 0
x 0 
Buy Target SGD0.75


OSK/DMG 
Good Post  Bad Post 
23-Jan-2013 18:15 Midas   /   Midas       Go to Message
x 0
x 0 
Midas



Year of Recovery 


Recently we played host to Midas at our ASEAN Corporate Day held in Singapore.
The key takeaways from the meetings were: (i) outlook is healthy, especially for 
2014 and 2015, as the government continues to increase  spending on rail 
infrastructure, which would  buoy  the  demand for high-speed trains  (ii) Midas is 
taking steps to diversify beyond 2015  (iii) it does not expect its operations/activities
in 1H13 to differ much from those in 2H12, and any orders secured now are likely to 
be delivered from 2014. Midas expects to release its 4Q12 results before end-Feb. 
We reiterate our BUY recommendation and SGD0.75 TP as the potential order flow 
looks good given the government’s commitment to expand China’s rail network.
Government  to  pour in  RMB650bn in 2013. This is slightly more than the RMB631bn
spent in 2012, as the government strives to achieve the goals set out in its 12
th
Five-year 
(2011–2015) plan for the rail industry. In order to achieve its goal of having a “four vertical 
and four horizontal” high-speed railway network by 2015,  the government may have to 
spend at least an estimated least RMB500bn on railway construction in each of the next 
three years, With this number of railways anticipated to come up, we expect some orders 
for high-speed train cars to start flowing.
Preparing for  years beyond  2015. Midas, which plans to diversify into the production of 
aluminium alloy plates and sheets, has set up a JV company with Jilin Kaitong Engineering, 
in which  it  has a 55% stake. It  is building a plant  with an expected capacity of 200,000 
tonnes, which is envisaged to be operational in 2015 when the government’s plans for the 
rail industry are expected to come to fruition. Aluminium sheet plates can be used in the 
aviation, shipbuilding and automobile industries. As part of the funding for this plant will be 
from bank loans, this will  raise Midas’ net gearing going forward. Management  has 
indicated that its net gearing could go up to ~40% from 22% as at 3Q12 as it expands its 
operations.
Things to pick up in 2013. While Midas’ order book deliveries are expected from FY13, 
we think the bulk could be  delivered  in FY14 and FY15 as the government pushes to 
achieve its 2015 target. Management has highlighted that since it generally takes between 
18 and 24 months to deliver an order, any order secured now is likely to be handed over 
from 2014 onwards. This will give a boost to the company’s FY14 earnings.


  

OSK/DMG 
Good Post  Bad Post 
23-Jan-2013 17:08 Swiber   /   Swiber       Go to Message
x 0
x 0 		Enjoy...
Good Post  Bad Post 
23-Jan-2013 16:58 Midas   /   Midas       Go to Message
x 0
x 0 		Good train.
Good Post  Bad Post 
23-Jan-2013 16:53 Straits Times Index   /   STI to cross 3000 boosted by long-term investors       Go to Message
x 0
x 1 		OCBC bullish on asia equities. Ample liquidity, attractive valuation, the US, European debt issues are the " new normal" . Money coming out of expensive bonds into equities.
Good Post  Bad Post 
23-Jan-2013 16:44 Vard   /   STXOSV       Go to Message
x 0
x 0 		Trading halt will be lifted tomorrow.
Good Post  Bad Post 
23-Jan-2013 15:53 Vard   /   STXOSV       Go to Message
x 0
x 0

Fincantieri Forks Out $549M for a Majority Stake in STX OSV 

Singapore-listed STX OSV, a global builder of offshore support vessels, revealed Wednesday that Italian shipbuilder Fincantieri has acquired 50.75 percent of its shares at a price of USD0.99 (SDG 1.22) per share, totalling $594 million (SDG 730 million).
Fincantieri has also made an unconditional cash offer for the remainder of STX OSV's shares. The offer from the Italian firm will be kept open for 28 days.
" This acquisition marks Fincantieri’s entry into a market segment complementary to its current ones. With 21 shipyards in three different locations, Fincantieri will double its size to become the fifth largest shipbuilder worldwide behind four Korean peers,"  STX OSV said in its disclosure.
At present, South Korea's  Hyundai Heavy Industires  in the largest shipbuilder in the world.  
OSK Research's analyst, Jason Saw, told Rigzone on Wednesday that he views the sale price as " somewhat low." 
" The depressed sale price could be primarily driven by desperation of the STX Group to sell its assets to pare down debts. The STX Group is also looking to sell its shipping unit, STX Pan Ocean, as part of its group restructuring process,"  Saw said.
Saw is also of opinion that Fincantieri's general offer for STX OSV's remaining shares is unlikely to be successful. Fincantieri needs to own at least 90 percent of STX OSV in order to squeeze the remaining shareholders. Och-Ziff, the second largest shareholder, has a 12 percent stake.
STX OSV employs 9,200 people globally, and operates ten shipyards around the world. The company builds anchor handling tug supply vessels, platform supply vessels and offshore subsea construction vessels. It is also involved in seismic survey.
Good Post  Bad Post 
23-Jan-2013 15:48 Vard   /   STXOSV       Go to Message
x 0
x 0 		FINCANTIERI COMPLETES THE ACQUISITION OF STX OSV COUPLES WITH NEW CONTRACTS AWARDS WILL MAKE THEIR SHAREHOLDERS VERY PLEASED.
Good Post  Bad Post 
First   < Newer   3601-3620 of 4497   Older>   Last  



ShareJunction Version: 27 Nov 2020 ver - All Rights Reserved. Copyright ShareJunction Pte. Ltd. Disclaimer: All prices from are delayed. ShareJunction does not provide you with any financial advice. We are not into the business of providing any investment advice. See our Terms and Conditions and Privacy Policy of using this website. Data is delayed for varying periods of time depending on the exchange, but for at least 15 minutes. Copyright © SIX Financial Information Ltd. and its licensors. All Rights reserved. Further distribution and use by third parties prohibited. SIX Financial Information and its licensors make no warranty for information displayed and accept no liability for data and prices. SIX Financial Information reserves the right to adapt and/or alter this website at any time without prior notice.

Web design by FoundationFlux. Hosted with Signetique Cloud.