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STXOSV
bishan22
Elite
19-Feb-2013 18:17     
 
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 Alert Admin 		Agreed. A good strong indicators. Dont miss this boat hor. Good luck.  Smiley

Peter_Pan      ( Date: 19-Feb-2013 17:06) Posted:

Good breakout volume today. Will be a good week for STX OSV.
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Peter_Pan
Supreme
19-Feb-2013 17:06     
 
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 Alert Admin 		Good breakout volume today. Will be a good week for STX OSV.
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Peter_Pan
Supreme
19-Feb-2013 16:51     
 
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 Alert Admin 		It should be closing the 1.375 gap soon.
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Peter_Pan
Supreme
19-Feb-2013 16:49     
 
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 Alert Admin 		STX OSV has broken-out of the 20/50 SMA with huge volume. Strong trend reversal.
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kamyip
Member
19-Feb-2013 16:48     
 
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 Alert Admin

A good day today @ 1.33

Let's hope it will be even better tomorrow....huat ar! 
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GorgeousOng
Elite
19-Feb-2013 16:45     
 
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 Alert Admin 		Today manage to catch some mackerel n tuna !!! Wait till I go to Indian Ocean to snag one !!!:)))

iPunter      ( Date: 19-Feb-2013 15:23) Posted:

Hope to snag a 100lb Marlin before dark...  Smiley

GorgeousOng      ( Date: 19-Feb-2013 15:08) Posted:

To day good weather , out in the sea catching a lot of fish!满 载 而 归 ！ Try to dock before 5pm.:)))
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Peter_Pan
Supreme
19-Feb-2013 16:43     
 
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 Alert Admin 		You're welcome.

james87      ( Date: 19-Feb-2013 16:26) Posted:

thanks Peter for continuously updating new info..

Peter_Pan      ( Date: 19-Feb-2013 16:22) Posted:

This circular by Ernst & Young should be issued soon:

    Appointment of Independent Financial Adviser 
The Board of Directors (the " Board" ) of the Company refers to the announcement made on 
23 January 2013 (the " Offer Announcement" ) by Credit Suisse (Singapore) Limited and 
Nomura Singapore Limited, for and on behalf of Fincantieri Oil & Gas S.p.A. (the " Offeror" ), a 
direct wholly-owned subsidiary of Fincantieri – Cantieri Navali Italiani S.p.A., in relation to the 
mandatory unconditional cash offer (the " Offer" ) by the Offeror to acquire all the issued 
ordinary shares (" Shares" ) in the capital of the Company, other than those already owned, 
controlled or agreed to be acquired by the Offeror, its related corporations and their 
respective nominees. 
The Board wishes to inform shareholders of the Company (" Shareholders" ) that it has on    
28 January 2013 appointed Ernst & Young Corporate Finance Pte. Ltd. (the " IFA" ) as the 
independent financial adviser to advise the Directors of the Company who are considered 
independent for the purposes of the Offer (the " Independent Directors" ).  
A circular containing,   inter alia, the advice of the IFA and the recommendation of the 
Independent Directors in relation to the Offer (the " Circular" ) will be sent to Shareholders in 
due course. 
In the meantime, Shareholders are advised to exercise caution when dealing in their 
Shares and to refrain from taking any action in relation to their Shares which may be 
prejudicial to their interests until they or their   advisers have considered the 
information and the recommendations of the Independent Directors as well as the 


advice of the IFA set out in the Circular to be issued in due course. 

   

Expect it to be favourable to the minority shareholders! 


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luvkarena
Member
19-Feb-2013 16:27     
 
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 Alert Admin

The report is immaterial... even a primary student can produce the report....as long as you know $1.325 is greater than $1.22.....That's all you need to know...

....lolx

Peter_Pan      ( Date: 19-Feb-2013 16:22) Posted:

This circular by Ernst & Young should be issued soon:

    Appointment of Independent Financial Adviser 
The Board of Directors (the " Board" ) of the Company refers to the announcement made on 
23 January 2013 (the " Offer Announcement" ) by Credit Suisse (Singapore) Limited and 
Nomura Singapore Limited, for and on behalf of Fincantieri Oil & Gas S.p.A. (the " Offeror" ), a 
direct wholly-owned subsidiary of Fincantieri – Cantieri Navali Italiani S.p.A., in relation to the 
mandatory unconditional cash offer (the " Offer" ) by the Offeror to acquire all the issued 
ordinary shares (" Shares" ) in the capital of the Company, other than those already owned, 
controlled or agreed to be acquired by the Offeror, its related corporations and their 
respective nominees. 
The Board wishes to inform shareholders of the Company (" Shareholders" ) that it has on    
28 January 2013 appointed Ernst & Young Corporate Finance Pte. Ltd. (the " IFA" ) as the 
independent financial adviser to advise the Directors of the Company who are considered 
independent for the purposes of the Offer (the " Independent Directors" ).  
A circular containing,   inter alia, the advice of the IFA and the recommendation of the 
Independent Directors in relation to the Offer (the " Circular" ) will be sent to Shareholders in 
due course. 
In the meantime, Shareholders are advised to exercise caution when dealing in their 
Shares and to refrain from taking any action in relation to their Shares which may be 
prejudicial to their interests until they or their   advisers have considered the 
information and the recommendations of the Independent Directors as well as the 


advice of the IFA set out in the Circular to be issued in due course. 

   

Expect it to be favourable to the minority shareholders! 

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james87
Veteran
19-Feb-2013 16:26     
 
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 Alert Admin 		thanks Peter for continuously updating new info..

Peter_Pan      ( Date: 19-Feb-2013 16:22) Posted:

This circular by Ernst & Young should be issued soon:

    Appointment of Independent Financial Adviser 
The Board of Directors (the " Board" ) of the Company refers to the announcement made on 
23 January 2013 (the " Offer Announcement" ) by Credit Suisse (Singapore) Limited and 
Nomura Singapore Limited, for and on behalf of Fincantieri Oil & Gas S.p.A. (the " Offeror" ), a 
direct wholly-owned subsidiary of Fincantieri – Cantieri Navali Italiani S.p.A., in relation to the 
mandatory unconditional cash offer (the " Offer" ) by the Offeror to acquire all the issued 
ordinary shares (" Shares" ) in the capital of the Company, other than those already owned, 
controlled or agreed to be acquired by the Offeror, its related corporations and their 
respective nominees. 
The Board wishes to inform shareholders of the Company (" Shareholders" ) that it has on    
28 January 2013 appointed Ernst & Young Corporate Finance Pte. Ltd. (the " IFA" ) as the 
independent financial adviser to advise the Directors of the Company who are considered 
independent for the purposes of the Offer (the " Independent Directors" ).  
A circular containing,   inter alia, the advice of the IFA and the recommendation of the 
Independent Directors in relation to the Offer (the " Circular" ) will be sent to Shareholders in 
due course. 
In the meantime, Shareholders are advised to exercise caution when dealing in their 
Shares and to refrain from taking any action in relation to their Shares which may be 
prejudicial to their interests until they or their   advisers have considered the 
information and the recommendations of the Independent Directors as well as the 


advice of the IFA set out in the Circular to be issued in due course. 

   

Expect it to be favourable to the minority shareholders! 

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Peter_Pan
Supreme
19-Feb-2013 16:22     
 
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 Alert Admin 		This circular by Ernst & Young should be issued soon:

    Appointment of Independent Financial Adviser 
The Board of Directors (the " Board" ) of the Company refers to the announcement made on 
23 January 2013 (the " Offer Announcement" ) by Credit Suisse (Singapore) Limited and 
Nomura Singapore Limited, for and on behalf of Fincantieri Oil & Gas S.p.A. (the " Offeror" ), a 
direct wholly-owned subsidiary of Fincantieri – Cantieri Navali Italiani S.p.A., in relation to the 
mandatory unconditional cash offer (the " Offer" ) by the Offeror to acquire all the issued 
ordinary shares (" Shares" ) in the capital of the Company, other than those already owned, 
controlled or agreed to be acquired by the Offeror, its related corporations and their 
respective nominees. 
The Board wishes to inform shareholders of the Company (" Shareholders" ) that it has on    
28 January 2013 appointed Ernst & Young Corporate Finance Pte. Ltd. (the " IFA" ) as the 
independent financial adviser to advise the Directors of the Company who are considered 
independent for the purposes of the Offer (the " Independent Directors" ).  
A circular containing,   inter alia, the advice of the IFA and the recommendation of the 
Independent Directors in relation to the Offer (the " Circular" ) will be sent to Shareholders in 
due course. 
In the meantime, Shareholders are advised to exercise caution when dealing in their 
Shares and to refrain from taking any action in relation to their Shares which may be 
prejudicial to their interests until they or their   advisers have considered the 
information and the recommendations of the Independent Directors as well as the 


advice of the IFA set out in the Circular to be issued in due course. 

   

Expect it to be favourable to the minority shareholders! 
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luvkarena
Member
19-Feb-2013 16:19     
 
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 Alert Admin 		Sorry to say that you are a newbie in Finance... Pls take CFA level 1 or even level 2 to brush up your finance know-how....

kamyip      ( Date: 19-Feb-2013 16:14) Posted:



I am referring to Ficanteri. We are toying the idea since Fin got it cheap at 1.22, dumping it at 1.33 still give very handsome return in a very short span. This is one of the downside risk that could happen which I think is unlikely.

I am with Peter ... 1.555 huat ar! 

luvkarena      ( Date: 19-Feb-2013 16:08) Posted:

STX Europe alrd sold the shares to Ficanteri.... how to dump???
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bishan22
Elite
19-Feb-2013 16:18     
 
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 Alert Admin 		Looking good today. I want to date you again. hahaha.  Smiley
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Peter_Pan
Supreme
19-Feb-2013 16:17     
 
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 Alert Admin 		Hi-5!!!

kamyip      ( Date: 19-Feb-2013 16:14) Posted:



I am referring to Ficanteri. We are toying the idea since Fin got it cheap at 1.22, dumping it at 1.33 still give very handsome return in a very short span. This is one of the downside risk that could happen which I think is unlikely.

I am with Peter ... 1.555 huat ar! 

luvkarena      ( Date: 19-Feb-2013 16:08) Posted:

STX Europe alrd sold the shares to Ficanteri.... how to dump???
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kamyip
Member
19-Feb-2013 16:14     
 
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I am referring to Ficanteri. We are toying the idea since Fin got it cheap at 1.22, dumping it at 1.33 still give very handsome return in a very short span. This is one of the downside risk that could happen which I think is unlikely.

I am with Peter ... 1.555 huat ar! 

luvkarena      ( Date: 19-Feb-2013 16:08) Posted:

STX Europe alrd sold the shares to Ficanteri.... how to dump????

kamyip      ( Date: 19-Feb-2013 16:07) Posted:



Possible but quite unlikely in the short term,

As majority shareholder, it is not that easy to dump the shares in the market.

Unless there is a buyer at an agreed price, they have to dump the shares in a coordinated fashion ie

giving us minority time to react. 
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Peter_Pan
Supreme
19-Feb-2013 16:13     
 
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 Alert Admin 		He sold too early.

luvkarena      ( Date: 19-Feb-2013 16:08) Posted:

STX Europe alrd sold the shares to Ficanteri.... how to dump????

kamyip      ( Date: 19-Feb-2013 16:07) Posted:



Possible but quite unlikely in the short term,

As majority shareholder, it is not that easy to dump the shares in the market.

Unless there is a buyer at an agreed price, they have to dump the shares in a coordinated fashion ie

giving us minority time to react. 
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luvkarena
Member
19-Feb-2013 16:08     
 
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 Alert Admin 		STX Europe alrd sold the shares to Ficanteri.... how to dump????

kamyip      ( Date: 19-Feb-2013 16:07) Posted:



Possible but quite unlikely in the short term,

As majority shareholder, it is not that easy to dump the shares in the market.

Unless there is a buyer at an agreed price, they have to dump the shares in a coordinated fashion ie

giving us minority time to react. 

iPunter      ( Date: 19-Feb-2013 15:38) Posted:

If STO eu decides to cut and dumps all their holdings @1.33, It Govt Co may delist it soon.
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Peter_Pan
Supreme
19-Feb-2013 16:08     
 
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 Alert Admin 		STXOSV $1.555 COME MSmileyNEY COME
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kamyip
Member
19-Feb-2013 16:07     
 
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Possible but quite unlikely in the short term,

As majority shareholder, it is not that easy to dump the shares in the market.

Unless there is a buyer at an agreed price, they have to dump the shares in a coordinated fashion ie

giving us minority time to react. 

iPunter      ( Date: 19-Feb-2013 15:38) Posted:

If STO eu decides to cut and dumps all their holdings @1.33, It Govt Co may delist it soon.
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luvkarena
Member
19-Feb-2013 16:02     
 
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 Alert Admin 		Huat!!!!!!!!!!!!!!!
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Peter_Pan
Supreme
19-Feb-2013 15:57     
 
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 Alert Admin 		Strong base formation.
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