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STXOSV
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eddyte
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28-May-2012 18:59
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I dont think Fincantieri has announced anything. I dont think anybody has announced anything. The 'Korean' news about 1.60 takeover we all had about 10 days ago was basically 'pure rumour with no basis'. There is no numbers, no deals, no announcements. Nothing at all. So...Just concentrate on the company fundamentals.... Stock rose for a day and then keep dropping.... This is basically a classic story of 'someone' blowing stories for taking profits they have earned for past 6 months.    Good Luck... 
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heavenknow
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28-May-2012 18:31
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Yup, what you said is quite true...too many unknowns in this deal. Buying from open market is a good call, just that there is less than 30% of the shares available. 50.7% with stx, 21 % with the other major share holder. even if stx willing to sell their 50.7% at a discount. the other share holder will definately want some premium for their 21%.  Till today only the italian cruise ship builder officially announce their intentions. no one knows if the other 17 on their bid invitation list submitted any bids too.  I am vested. So my views is biased.   
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s100125
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28-May-2012 18:25
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Today bought some more from panic sellers. Everyday drop and I everyday buy.  |
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jamesng
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28-May-2012 17:50
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The deal is not important, what is important is if the buyer privatise stx osv and if yes, at what price??? If I am the buyer, I just buy from the open market....
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eddyte
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28-May-2012 17:46
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Hi friends, Catching a falling knife in a downtrend market is dangerous. I would say forget about the takeover or whatever it is. We only know that STX Corp is selling their 51% shares...at what price? Nobody knows. But we know OZ Funds bought at 1.33 last year...and since then, STX OSV has done well in its fundamental, and I believe they will do well also this year with or without Greece in Euro. Now its is trading at 7x PE 12... anything lower will be interesting for accumulation. I am waiting on the sidelines looking at the PE numbers and ignoring all the noises... Good Luck.  |
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Bintang
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28-May-2012 17:45
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$1.38 could be expected in the near term .
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heavenknow
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28-May-2012 17:31
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Hm...but what if suddenly they just halt trading and annouce the deal? Shorting seems much more risky when short term tp Is 1.3x vs estimated deal price is 1.6. just my own thoughts |
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jamesng
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28-May-2012 17:13
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will be 1.3x soon | ||||||||||||||||||||||||||||||||
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bishan22
Elite |
28-May-2012 14:51
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Shorted today. Wish me luck. haha. 
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win_88
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28-May-2012 14:38
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wat does all these " x" mean???  
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jamesng
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28-May-2012 14:00
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Some is trying to get some bargain....but it is going to tank further..... I own stamford land and is very happy when they announced they sign MOU to sell 3 of its hotels at a premium, but the sale did not went through and I buy more shares when the share price surges after the announcement :( |
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CrazGreed
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28-May-2012 12:15
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haha...say good bye ba,,,
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win_88
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28-May-2012 11:45
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hmmm... kanna short short short....  | ||||||||||||||||||||||||||||||||
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CrazGreed
Senior |
28-May-2012 10:55
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Hmmm...Who I am? I short short short... I am a macho MAN...haha | ||||||||||||||||||||||||||||||||
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bishan22
Elite |
28-May-2012 10:51
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If breaks 1.44, then say goodbye.  | ||||||||||||||||||||||||||||||||
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CrazGreed
Senior |
28-May-2012 10:42
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i like the quote:  Man will cut loss, Woman will hang on.... HHAHA  |
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yiming2000
Senior |
28-May-2012 09:30
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Teeth53, you are smiley expert? | ||||||||||||||||||||||||||||||||
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jamesng
Veteran |
27-May-2012 15:33
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You are buying everyday recently??? How much have you lost recently??? Wish you good luck... |
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s100125
Senior |
27-May-2012 13:23
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everyone shouting for sell here but I am buying everyday. |
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yeeen123
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27-May-2012 08:36
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    Where got borders?? 
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