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GorgeousOng Elite	13-Mar-2013 05:31        GorgeousOng About Contact  Quote this Post!   Yells: "Hehehaha...enjoy life n live to the fullest..."
x 0   x 0  Alert Admin	The more Oz sell, the more they contribute to the public free float.....:)
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luvkarena Member	12-Mar-2013 23:58        luvkarena About Contact  Quote this Post!
x 0   x 0  Alert Admin	Ya, I also just discovered that... :P haha....  prolix      ( Date: 12-Mar-2013 23:32) Posted: No la i think it is T+3, settlement date. Same for all trades. anw they alr said this is a market transaction. dont think you can find out counter party in market transaction. and shouldnt be the italians if not they have to disclose also. luvkarena      ( Date: 12-Mar-2013 23:12) Posted: Refer to the disclosure released after market today, pg 10   The Transactions were entered into on 11 March 2013 and are expected to be completed on 14 March 2013.   Does it mean that they will sell all the shares to Ficanteri?
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darkknight Member	12-Mar-2013 23:40        darkknight About Contact  Quote this Post!
x 0   x 0  Alert Admin	Don't think so as it is a market transaction. The share is disposed through open market, if not ficantieri will have to disclose similar announcement about their increase in share holding as a  substantial shareholder. luvkarena      ( Date: 12-Mar-2013 23:12) Posted: Refer to the disclosure released after market today, pg 10   The Transactions were entered into on 11 March 2013 and are expected to be completed on 14 March 2013.   Does it mean that they will sell all the shares to Ficanteri?
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prolix Member	12-Mar-2013 23:32        prolix About Contact  Quote this Post!
x 0   x 0  Alert Admin	No la i think it is T+3, settlement date. Same for all trades. anw they alr said this is a market transaction. dont think you can find out counter party in market transaction. and shouldnt be the italians if not they have to disclose also. luvkarena      ( Date: 12-Mar-2013 23:12) Posted: Refer to the disclosure released after market today, pg 10   The Transactions were entered into on 11 March 2013 and are expected to be completed on 14 March 2013.   Does it mean that they will sell all the shares to Ficanteri?
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luvkarena Member	12-Mar-2013 23:12        luvkarena About Contact  Quote this Post!
x 0   x 1  Alert Admin	Refer to the disclosure released after market today, pg 10   The Transactions were entered into on 11 March 2013 and are expected to be completed on 14 March 2013.   Does it mean that they will sell all the shares to Ficanteri?
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ksloi1 Member	12-Mar-2013 22:42        ksloi1 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Yes ... This stock is meant for those investors who are holding medium to long term view . Its balance sheet/fundamental is very strong , the current undervalue  situation is a gift from the Sky, quoting Taiwanese " God of Stock" , Hu Li Yang's Statement. The fundamental will prevail eventually. I loaded more again today.
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eddyte Member	12-Mar-2013 17:35        eddyte About Contact  Quote this Post!
x 0   x 0  Alert Admin	Can't agree more..... I been STXOSV   holders for as long as its IPO...(80c all the way to 1.80)...  After this 'hangover', It all boils down to the fundamentals of the company : 1. P/E 2013 about 6 ?? No debt. Dividend should flow again after the hangover. 2. Revenue should be higher in 2013...( two vessels were transferred from 2012 to 2013..thats why 2012 rev was lower than expected).  3. Management was more upbeat on last result briefing compared with last   few quarters. 4.   Margin is a question mark (will it drop below 12%?).   Brazil is the problem but management already tried to manage it for last few quarters. My guess...OZ should have another 3000-5000 lots to sell tomorrow which can easily be absorbed by the market. Will it fall below 1.22 after that? Yes...Why not? Sentiment been weak. Will it rebound back to 1.50 again? I also don't see why not.....with such a good fundamental.  Good Luck to me and all...  darkknight      ( Date: 12-Mar-2013 17:10) Posted: OZ already contributed 7% to the public free float and if their holding drop to less than 5%, then 12% free float in total  will be  added into the market. In that case, STXOSV will definitely remain listed and tradable. In my opinion,  this counter will remain listed for sure, but whether that will remove the over hang and adjust the price upwards still  remain to be seen.
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darkknight Member	12-Mar-2013 17:10        darkknight About Contact  Quote this Post!
x 0   x 0  Alert Admin	OZ already contributed 7% to the public free float and if their holding drop to less than 5%, then 12% free float in total  will be  added into the market. In that case, STXOSV will definitely remain listed and tradable. In my opinion,  this counter will remain listed for sure, but whether that will remove the over hang and adjust the price upwards still  remain to be seen.
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luvkarena Member	12-Mar-2013 14:38        luvkarena About Contact  Quote this Post!
x 0   x 0  Alert Admin	OZ is selling... it got 60 more million shares to sell... You will see tmr dealing disclosure where majority of shares sold belong to them....and the rest of the shares sold belongs to those timid investors....lolx...
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jason-ice Member	12-Mar-2013 14:27        jason-ice About Contact  Quote this Post!
x 0   x 0  Alert Admin	should i pump in more holding? any  advice?
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BummerHuat Member	12-Mar-2013 14:22        BummerHuat About Contact  Quote this Post!
x 0   x 0  Alert Admin	http://www.reuters.com/article/2012/12/04/energy-spending-barclays-idUSL1E8N44OY20121204 In a survey of more than 300 O& G companies, Barclays is expecting global energy exploration and production (E& P) expenditure to hit a record high of $644 billion in 2013. Using any survey/forecasts, you will find that everyone is predicting a rise in E& P expenditure, which is what drives demand for STX OSV's products. On a macro level, it will be difficult to find fault with it. Key risk for me is having the chinese shipyards move into this sector to compensate for the current poor demand in the commercial shipping sector. Octavia      ( Date: 12-Mar-2013 13:03) Posted: dont forget the oil and gas sector are not doing well so far this year...oil px is low and there is no catalyst to excite this sector hence there is a reason why the offer px is as such.
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Chewbecca Member	12-Mar-2013 14:21        Chewbecca About Contact  Quote this Post!
x 0   x 0  Alert Admin	You mean 1.215 srichipan      ( Date: 12-Mar-2013 14:00) Posted: it went down to 1.15. why would people do that when they could get a minimum of 1.22 from the company? confirm is shortist
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iPunter Supreme	12-Mar-2013 14:19        iPunter About Contact  Quote this Post!
x 0   x 0  Alert Admin	Not necessarily due shorters... eg.if someone places a big order to sell @1.225 or below, it may even go lower than 1.22... srichipan      ( Date: 12-Mar-2013 14:00) Posted: it went down to 1.15. why would people do that when they could get a minimum of 1.22 from the company? confirm is shortist
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jason-ice Member	12-Mar-2013 14:18        jason-ice About Contact  Quote this Post!
x 0   x 0  Alert Admin	well just hold it ON ... Will Pull thru .
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darkknight Member	12-Mar-2013 14:15        darkknight About Contact  Quote this Post!
x 0   x 0  Alert Admin	Could be OZ trying to divest additional 9M share to bring their total holding to less than 5% so that their holding become public float. That way there will be a 5% additional safety net since it requires 10% public float to continue listing ? srichipan      ( Date: 12-Mar-2013 14:00) Posted: it went down to 1.15. why would people do that when they could get a minimum of 1.22 from the company? confirm is shortist
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BummerHuat Member	12-Mar-2013 14:11        BummerHuat About Contact  Quote this Post!
x 0   x 0  Alert Admin	In addition to the 90% threshold, there is another consideration which is the minimum 10% free float. This was what happened to Pertama Holdings. Free float fell below 10% and hence trading was suspended. It was stuck in a limbo as at the same time, the majority shareholder, Harvey Norman did not have 90% shareholding to force through a compulsory acquisition. But it is unlikely in the case of STX OSV as it has a higher percentage of free float and OZ's offloading of shares in the market actually help contribute to the free float, which may also be a reason why they are offloading it.
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srichipan Master	12-Mar-2013 14:00        srichipan About Contact  Quote this Post!
x 0   x 0  Alert Admin	it went down to 1.15. why would people do that when they could get a minimum of 1.22 from the company? confirm is shortist
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pnuklis Member	12-Mar-2013 13:52        pnuklis About Contact  Quote this Post!
x 0   x 0  Alert Admin	They have to reach a threshold of more than 90% so as to sqeez out the remaining. They will find it extreamly difficult to reach that when  independent  directors are saying don't sell at 1.22 which is ridiculous price. Hang on to it guys the Italians will have to pay more to delist.
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srichipan Master	12-Mar-2013 13:35        srichipan About Contact  Quote this Post!
x 0   x 0  Alert Admin	ok thanks. darkknight      ( Date: 12-Mar-2013 13:31) Posted: In the offer letter it has stated that Ficantieri will exercise the compulsory take over right by offering the dissenting share holders (i.e. those rejected the offer) the $1.22 offer price. srichipan      ( Date: 12-Mar-2013 13:10) Posted: Out of curiousity, what happen if a stock get delisted?
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darkknight Member	12-Mar-2013 13:31        darkknight About Contact  Quote this Post!
x 0   x 0  Alert Admin	In the offer letter it has stated that Ficantieri will exercise the compulsory take over right by offering the dissenting share holders (i.e. those rejected the offer) the $1.22 offer price. srichipan      ( Date: 12-Mar-2013 13:10) Posted: Out of curiousity, what happen if a stock get delisted?
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