| Latest Forum Topics / Vard |
 Post Reply
|
|
STXOSV
|
|||||
|
MtFaber
Member |
14-Nov-2012 16:56
Yells: "PRICE may not equal VALUE" |
||||
|
x 0
x 0 Alert Admin |
The chart looks like pricing in for disappointment! Will it head for a nasty free fall? | ||||
| Useful To Me Not Useful To Me | |||||
|
jamesng
Veteran |
12-Nov-2012 00:37
|
||||
|
x 0
x 0 Alert Admin |
I try my best to know from ipo to today anything regarding stx osv......I hope you follow it from day 1 too....but I don't think so ....... |
||||
| Useful To Me Not Useful To Me | |||||
|
|
|||||
|
catalyst
Senior |
11-Nov-2012 22:59
|
||||
|
x 0
x 0 Alert Admin |
Would you be happier if I included saying "before any rise OR drop can be expected"?
IMHO, i see this as a very good company with good dividend yield. If sale of stake is pegged at around 1.50, that will definitely suppress any further gains in price. Will need the company to deny the rumours as impetus for further gains. Logically to me lah.. But do your own dilligence.
|
||||
| Useful To Me Not Useful To Me | |||||
|
jamesng
Veteran |
11-Nov-2012 11:49
|
||||
|
x 0
x 0 Alert Admin |
??? I thought will fall steeply if sale of stake did not go through...it is the sale of the stake that cause it to jump.....besides, sentiment is not good now and fundamental is weaker after paying so much dividend..... Just my thought.....sale of stake had to go through.....but after sale, not sure if price can maintain if there is no take over offer |
||||
| Useful To Me Not Useful To Me | |||||
|
catalyst
Senior |
10-Nov-2012 13:07
|
||||
|
x 0
x 0 Alert Admin |
If the takeover rumours still lingers, this counter is gonna hover around 1.50 thereabout. Like what happened to Sakari.
It just needs the company to refute the claims before any rises can be expected. |
||||
| Useful To Me Not Useful To Me | |||||
|
|
|||||
|
jamesng
Veteran |
10-Nov-2012 11:21
|
||||
|
x 0
x 0 Alert Admin |
stx europe should not sell stx osv.....................given stx osv strong fundamntal....... |
||||
| Useful To Me Not Useful To Me | |||||
|
krisluke
Supreme |
09-Nov-2012 16:17
|
||||
|
x 0
x 0 Alert Admin |
STX OSV: According to Chinese newswire, 亚 太 外 汇 网 , STX Group Chairman Jiang, said yday that he expects to complete the sale of STX OSV within this month. When queried about rumors that the sale had fizzled out, he responded that they were completely untrue. Recall, in May this yr, the STX Group was in negotiations with Italy’s Fincantieri on the sale of its 50.75% stake in STX OSV. However both companies were unable to come to an agreement on the price, and market watchers assumed that the deal collapsed. Nevertheless, as STX OSV continued to show improvement in operating performance over the past 2 quarters, some analysts noted that negotiations have actually been on-going. Meanwhile STX Group continues its plans to raise KRW 2.5tr (US$2.3b) in asset sales. The latest being the Oct ’12 sale of a 43% stake in its power-plant unit, STX Energy via existing and new shares to Tokyo based Orix Corp, in which STX Group will raise KRW 360b. The Korean group is seeking funds to repay debt as slumping demand for new vessels damps earnings at its shipbuilding businesses. In addition, STX Group’s three main companies, STX PO, STX Offshore and STX Corp, all of which are interlinked through cross-shareholdings, have KRW 1.49tr in bonds and loans maturing next yr. STX Group has previously mentioned that it stands to receive ~KRW 800b (translates to ~S$900m, or ~$1.50/sh), in the event that a sale is successful. Historically, market talk regarding the stake sale in STX OSV has tended to be a driver of big share price movements in the counter. The co reports 3Q12 results on 14 Nov, after market. Religare, which has a Buy call and TP $1.72, notes that investors should take note of the high ticket vessels that STX OSV has been selling recently, and could compensate for weakness in more traditional OSVs with higher value and more sophisticated vessels. |
||||
| Useful To Me Not Useful To Me | |||||
|
jamesng
Veteran |
03-Nov-2012 10:09
|
||||
|
x 0
x 0 Alert Admin |
Monday drop further since dows drop quite a bit.....this stock is falling now.... | ||||
| Useful To Me Not Useful To Me | |||||
|
|
|||||
|
heavenknow
Member |
03-Nov-2012 02:13
|
||||
|
x 0
x 0 Alert Admin |
Yeah...and so near to the rumored 1.5 bucks take over price... I wonder what is your tp even...
|
||||
| Useful To Me Not Useful To Me | |||||
|
wangerism
Veteran |
02-Nov-2012 17:06
|
||||
|
x 0
x 0 Alert Admin |
y do it near 100ma...
|
||||
| Useful To Me Not Useful To Me | |||||
|
Peter_Pan
Supreme |
02-Nov-2012 16:38
Yells: "did you order dunkin' donuts" |
||||
|
x 0
x 0 Alert Admin |
Projects drying up. | ||||
| Useful To Me Not Useful To Me | |||||
|
Peter_Pan
Supreme |
02-Nov-2012 16:30
Yells: "did you order dunkin' donuts" |
||||
|
x 0
x 0 Alert Admin |
shorted heavily at 1.525 | ||||
| Useful To Me Not Useful To Me | |||||
|
|
|||||
|
wangerism
Veteran |
01-Nov-2012 11:37
|
||||
|
x 0
x 0 Alert Admin |
this chart dun look gd.. |
||||
| Useful To Me Not Useful To Me | |||||
|
MtFaber
Member |
01-Nov-2012 10:49
Yells: "PRICE may not equal VALUE" |
||||
|
x 0
x 0 Alert Admin |
On hind sight maybe this is a farewell dividend! When the new management takes over, maybe not so generous. I may be wrong.
|
||||
| Useful To Me Not Useful To Me | |||||
|
MtFaber
Member |
01-Nov-2012 10:34
Yells: "PRICE may not equal VALUE" |
||||
|
x 0
x 0 Alert Admin |
The moral the story is: even if you had taken the dividend of 13c and hold long term, you have already given it back entirely if you have not sold before ex dividend!
|
||||
| Useful To Me Not Useful To Me | |||||
|
jamesng
Veteran |
01-Nov-2012 10:34
|
||||
|
x 0
x 0 Alert Admin |
if sale of stake goes through, will this kind of dividend continue? i dont think so.... | ||||
| Useful To Me Not Useful To Me | |||||
|
MtFaber
Member |
01-Nov-2012 10:24
Yells: "PRICE may not equal VALUE" |
||||
|
x 0
x 0 Alert Admin |
Some of the reasons I can think of: 1. Price had reached their objective. Profits too mouth watering! 2. Maybe not much room for growth anymore. Already priced in at 1.80 Just wondering why they are so generous giving dividend of 13c at interim. Maybe just to benefit the big shareholders! So the target price of $2 by analysts is just a distraction for small timer like us!
|
||||
| Useful To Me Not Useful To Me | |||||
|
jamesng
Veteran |
01-Nov-2012 10:10
|
||||
|
x 0
x 0 Alert Admin |
Once break 1.50, the fall will be steep.... Wondering the reason why Oz want to sell?? |
||||
| Useful To Me Not Useful To Me | |||||
|
CWC2929
Senior |
31-Oct-2012 20:17
|
||||
|
x 0
x 0 Alert Admin |
After check on Teletaxt and scan from A to Z find out that market so-so only today.......and will be tomorrow......and tomorrow after tomorrow......... I like Teletaxt.......as there is only one thing certain.....the future price.........not like TA or FA Cheeeeeeeeeeeeer. |
||||
| Useful To Me Not Useful To Me | |||||
|
dolphin99
Member |
31-Oct-2012 15:25
|
||||
|
x 0
x 0 Alert Admin |
This crawling up is at most a shallow correction. TA suggests more downward. I like TA as there is only one thing certain - the past price, unlike the Fundamental has nothing certain. From there, it's straight forward betting - you guess what will happen tomorrow, then lose or win. | ||||
| Useful To Me Not Useful To Me | |||||