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Latest Posts By Peter_Pan - Supreme      About Peter_Pan
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23-Jan-2013 15:44 Vard   /   STXOSV       Go to Message
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x 0 		Maybe more projects awards.
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23-Jan-2013 15:39 Vard   /   STXOSV       Go to Message
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x 0 		Likely more announcement coming.
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23-Jan-2013 14:48 Vard   /   STXOSV       Go to Message
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FINCANTIERI COMPLETES THE ACQUISITION OF STX OSV
Fincantieri, through its wholly owned subsidiary Fincantieri Oil & Gas S.p.A., has successfully completed the 
acquisition   of   50.75%   of   STX   OSV from   STX   Europe,   at   a   price   of   SGD   1.22   per   share,   totalling 
approximately Euro 455 million
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(approximately SGD 730 million).
In compliance with the rules of the Singapore Code on Take-overs and Mergers, Fincantieri Oil & Gas S.p.A. 
has also announced its firm intention to make a mandatory unconditional cash offer for the remaining shares 
at a price of SGD 1.22 per share. The offer must be kept open for a minimum of 28 days from the date on 
which the offer document which sets out the terms and conditions of the mandatory unconditional general 
offer is dispatched by Fincantieri Oil & Gas S.p.A., which is expected to occur within the next two or three 
weeks.
The   total   value   of   the   transaction,   including   both   the   acquisition   of   the   50.75%   stake   and   the mandatory 
unconditional cash offer, will amount to approximately Euro 900 million
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(approximately SGD 1,450 million). 
It will be financed mainly from Fincantieri's internal resources and with a syndicate loan provided by a pool of 
banks (Banca IMI, BNP Paribas - Italian branch, Carige, Unicredit) and   by   Cassa Depositi   e Prestiti as   a 
lender guaranteed by SACE.
This acquisition marks Fincantieri's entry into a market segment complementary to its current ones. With 21 
shipyards   in   3   different   continents,   nearly   20,000   employees   and   revenues   of   Euro   4   billion,   Fincantieri 
Group will double its size to become the fifth largest shipbuilder worldwide behind four Korean peers, and the 
only Western producer capable of competing with the Asian giants thanks to its diversification and presence 
in all of the high value added segments. 
STX OSV, listed on the Singapore Stock Exchange and world leader in the construction of offshore support 
vessels   for   oil   and   gas   extraction   and   production,   has   approximately   9,200   employees   and   10   shipyards 
around the world (5 in Norway, 2 in Romania, 1 in Vietnam and 2 in Brazil, of which one is currently under 
construction). In the past three   years it has generated average revenues of approximately Euro 1.6 billion 
and EBITDA of approximately Euro 190 million. At the end of the 2012 third quarter its order backlog was 
Euro 2.1 billion.
Trieste, 23 January 2013
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23-Jan-2013 12:22 AusGroup   /   AUSGROUP: 1H09 revenue up 28.8% to reach A$260.5 m       Go to Message
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x 0 		First support at 0.59. Second support at 0.54.
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23-Jan-2013 12:13 AusGroup   /   AUSGROUP: 1H09 revenue up 28.8% to reach A$260.5 m       Go to Message
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x 0 		Hope those who bought has taken profits.

Peter_Pan      ( Date: 14-Jan-2013 11:45) Posted:

Yes, shift your funds elsewhere first.

ynnek1267      ( Date: 14-Jan-2013 11:43) Posted:



Then, you slowly wait loh.

67 to 70cents is 4.48%.

I would rather to look for other counter which may raise 20 to 30% in next few weeks till Chinese New Year like my 2 babis Tiong Woon and China Minzhong
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23-Jan-2013 10:33 Straits Times Index   /   STI to cross 3000 boosted by long-term investors       Go to Message
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x 1 		STI 3300 COME MSmileyNEY COME
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23-Jan-2013 08:46 Vard   /   STXOSV       Go to Message
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STX OSV Tulcea Shipyard Management, part of the same name, which is being taken over by Italy's Fincantieri, said that he had scheduled a business growth of 15% this year despite demand shipbuilding market continues to be affected by international context.

Shipbuilders last year estimated an advance of 7% in the business, up to 540 million (124.3 million euros) and will make a profit of more than twice as high, at about 20 million (4.6 million).
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23-Jan-2013 05:35 Straits Times Index   /   STI to cross 3000 boosted by long-term investors       Go to Message
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x 1 		Enjoy...
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22-Jan-2013 22:50 Straits Times Index   /   STI to cross 3000 boosted by long-term investors       Go to Message
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x 0 		ma hou pao
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22-Jan-2013 21:36 Straits Times Index   /   STI to cross 3000 boosted by long-term investors       Go to Message
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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.
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22-Jan-2013 21:25 Vard   /   STXOSV       Go to Message
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x 0 		Can already confirm 100% this general offer is no more.
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22-Jan-2013 19:13 Midas   /   Midas       Go to Message
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x 0 		This is a good train, right on track. Too crowded, that's why some alighted, taking the next coming one.
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22-Jan-2013 19:07 YZJ Shipbldg SGD   /   Yangzijiang Chart Updates       Go to Message
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x 0 		Strongholders will be rewarded with a rebound.
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22-Jan-2013 13:20 Straits Times Index   /   STI to cross 3000 boosted by long-term investors       Go to Message
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x 0 		Loading......100% completed
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22-Jan-2013 12:23 Vard   /   STXOSV       Go to Message
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x 0 		Big rally.
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22-Jan-2013 12:17 Vard   /   STXOSV       Go to Message
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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
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22-Jan-2013 12:11 YZJ Shipbldg SGD   /   Yangzijiang Chart Updates       Go to Message
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x 0 		LOADED!
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22-Jan-2013 11:56 Straits Times Index   /   STI to cross 3000 boosted by long-term investors       Go to Message
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x 0 		It's about time to go for the last power purchase....and enjoy the power rally.
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22-Jan-2013 11:47 Vard   /   STXOSV       Go to Message
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x 0 		So cheap
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22-Jan-2013 11:46 Vard   /   STXOSV       Go to Message
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x 0 		CONTINUE LOADING BIG-TIME
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