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STXOSV
heavenknow
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14-May-2012 07:57     
 
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SEOUL, May 14 (Reuters) - Following is a list of events in
South Korea as well as news stories and press reports which may 


influence financial markets.    


> An STX Group source said it would soon announce the preferred
bidder for a stake in STX OSV Holdings Ltd the group
has put up for sale.


  

 
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jamesng
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13-May-2012 23:24     
 
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stx europe is trying to sell 51% of stx osv to a bidder

yeeen123      ( Date: 13-May-2012 21:30) Posted:

What " sale of stake" ?

jamesng      ( Date: 11-May-2012 14:38) Posted:



Fall has begin......if sale of stake not through, then it will be free fall...........
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New123
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13-May-2012 22:13     
 
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may be soon will see $1.20 then $1.00..
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yeeen123
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13-May-2012 21:30     
 
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 Alert Admin 		What " sale of stake" ?

jamesng      ( Date: 11-May-2012 14:38) Posted:



Fall has begin......if sale of stake not through, then it will be free fall...........
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jamesng
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13-May-2012 08:46     
 
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 Alert Admin 		Depending on how many shares they own......you can reject it and only after 90% then it is a different story, I believe
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yiming2000
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13-May-2012 04:01     
 
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 Alert Admin 		Are all small shareholders like us obligated to accept  price offerred by  buyer since the buyer of the 51% stake is compelled by law to buy up all remaining shares?  Smiley 45

jamesng      ( Date: 12-May-2012 03:49) Posted:

Then stx osv will fall to the share price brfore it announce the sale of stake minus away 10 cents dividend and considering the europe problem is coming back....
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jamesng
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12-May-2012 03:49     
 
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 Alert Admin 		Then stx osv will fall to the share price brfore it announce the sale of stake minus away 10 cents dividend and considering the europe problem is coming back....
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yiming2000
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12-May-2012 02:56     
 
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 Alert Admin 		What if  STX Group cancels the sale if falling price is unfavorable? Otherwise, we are all screwed if they unload their 51% at any price. 

jamesng      ( Date: 11-May-2012 22:02) Posted:

With this kind of situation, will any bidders still want to bid and/or buy the stake at a high price???

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jamesng
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11-May-2012 22:02     
 
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 Alert Admin 		With this kind of situation, will any bidders still want to bid and/or buy the stake at a high price???
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wangerism
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11-May-2012 14:54     
 
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been trying to hold up for days...finally lao sai..

 

jamesng      ( Date: 11-May-2012 14:38) Posted:



Fall has begin......if sale of stake not through, then it will be free fall...........
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jamesng
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11-May-2012 14:38     
 
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Fall has begin......if sale of stake not through, then it will be free fall...........
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littleboi
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10-May-2012 19:40     
 
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 Alert Admin 		Don't worry...it's turning.

tglim74      ( Date: 10-May-2012 17:39) Posted:

I entered at 1.75 (near to the peak), since then this counter went down, I wonder I can hold for how long =(

starlene      ( Date: 10-May-2012 17:12) Posted:

Imagine in Oct 2010 drop close to 79cts from high of $1.55..after they sold bulk at $1.33 bt STX Europe..now drop from high $1.80 to $1.52 low many got upset..this counter if hold richly rewarded..dividend got twice liao..previously I sold off $1.45-$1.55  after STX sale pushed up the share price and was lucky to buy back from $1.08- _$1.20 and now prepared for the long haul...
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chiaal
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10-May-2012 17:46     
 
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OZ Master Fund, Ltd is accumulating this shares.

 
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tglim74
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10-May-2012 17:39     
 
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 Alert Admin 		I entered at 1.75 (near to the peak), since then this counter went down, I wonder I can hold for how long =(

starlene      ( Date: 10-May-2012 17:12) Posted:

Imagine in Oct 2010 drop close to 79cts from high of $1.55..after they sold bulk at $1.33 bt STX Europe..now drop from high $1.80 to $1.52 low many got upset..this counter if hold richly rewarded..dividend got twice liao..previously I sold off $1.45-$1.55  after STX sale pushed up the share price and was lucky to buy back from $1.08- _$1.20 and now prepared for the long haul...
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starlene
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10-May-2012 17:12     
 
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 Alert Admin 		Imagine in Oct 2010 drop close to 79cts from high of $1.55..after they sold bulk at $1.33 bt STX Europe..now drop from high $1.80 to $1.52 low many got upset..this counter if hold richly rewarded..dividend got twice liao..previously I sold off $1.45-$1.55  after STX sale pushed up the share price and was lucky to buy back from $1.08- _$1.20 and now prepared for the long haul...
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littleboi
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10-May-2012 08:03     
 
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Hell yeah,baby! :p
Lotsa shortist now...since economic data is that bad.
I'm taking a bet on the company's report.

Let's see how it goes..

no sweat when u have the cash and you don't have to answer to any margin call.LOL.

yiming2000      ( Date: 10-May-2012 00:26) Posted:

I am having cold sweat. No choice but to hold my baby like littleboi. Maybe I may have to put it in the fridge. If price still won't come back, I will stick it in the freezer. Smiley 398

jimywcm      ( Date: 09-May-2012 10:31) Posted:

Do you believe there is a level playing field? A stock can be fundamentally sound with all the praise from analyst. Suddenly there is heavy dumping and we guys believe it is a buying opportunity. As it drop some more you will feel the cold sweat! Do you believe there is no insiders? Classic example is one particular commodity stock. How can a fundamentally sound stock varies by so much in such a short time? There is no rationale in the stock market!


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yiming2000
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10-May-2012 00:26     
 
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 Alert Admin 		I am having cold sweat. No choice but to hold my baby like littleboi. Maybe I may have to put it in the fridge. If price still won't come back, I will stick it in the freezer. Smiley 398

jimywcm      ( Date: 09-May-2012 10:31) Posted:

Do you believe there is a level playing field? A stock can be fundamentally sound with all the praise from analyst. Suddenly there is heavy dumping and we guys believe it is a buying opportunity. As it drop some more you will feel the cold sweat! Do you believe there is no insiders? Classic example is one particular commodity stock. How can a fundamentally sound stock varies by so much in such a short time? There is no rationale in the stock market!

jamesng      ( Date: 09-May-2012 10:22) Posted:

They should sell the stake before theyy pay the dividend......now, I think who is going to pay a high price....
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jimywcm
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09-May-2012 10:31     
 
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 Alert Admin 		Do you believe there is a level playing field? A stock can be fundamentally sound with all the praise from analyst. Suddenly there is heavy dumping and we guys believe it is a buying opportunity. As it drop some more you will feel the cold sweat! Do you believe there is no insiders? Classic example is one particular commodity stock. How can a fundamentally sound stock varies by so much in such a short time? There is no rationale in the stock market!

jamesng      ( Date: 09-May-2012 10:22) Posted:

They should sell the stake before theyy pay the dividend......now, I think who is going to pay a high price....
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jamesng
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09-May-2012 10:22     
 
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 Alert Admin 		They should sell the stake before theyy pay the dividend......now, I think who is going to pay a high price....
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jimywcm
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09-May-2012 09:33     
 
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1. Boost company image. If money not invested productively, better pacify the shareholders. Maybe they know future not that good!


2. Ang pow for the big stake holders better than giving bonus issue and retain as shareholders fund.


3. Trap the greedy and those who only think about fundamentals. Share price normally factor in the dividends at peak. They will sell and buy back at lower prices, still better than taking dividend.

4. Shortist also will be happy!


jamesng      ( Date: 08-May-2012 13:12) Posted:



stx osv is good if you get it at 1 -1.20 range....at current price, it had priced in the sale of the stake at a higher price than current price......it is too risky to buy or hold at this price and it is not worth the risk...

Wonder the reason for such a high dividend? Can anyone enlighten???
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