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STXOSV
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Listing
Senior |
15-Jan-2013 21:04
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The likely story is Fincantiet ill make another GO at higher price than 1.22 probably 1.60-1.70 | ||||
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arowana1
Member |
15-Jan-2013 20:35
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Was it stated OZ sold to Fincantier?  If Fincantier bought more from OZ, that means their GO must be at the highest price they acquired, which should be 1.351. So I really doubt OZ sold to Fincantier.  More likely sold to retailers and share price may collapse to 1.22 soon.
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Listing
Senior |
15-Jan-2013 18:13
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Another issue is I tot if Fibcantier bot at 1.33 level then at GO they hv to declare and then the GO will be offered at that higher price and not at 1.22!!
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Listing
Senior |
15-Jan-2013 18:10
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If u look at Sc Global case there is a report in the public float.. How can we find this out for STX OSV.. Cos if the free float falls below 10% then the Italian group can force a GO at 1.22... But it seems highly unlikely.. | ||||
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Billongkokeng
Member |
15-Jan-2013 17:41
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OZ Parties has been selling their STX OSV shares to the Fincantier (Italian Party) over the last few days. Extract from SGX Disclosure news as following: 1) On 3/1/13 sold 386 lots @ $1.3226 per share 2) On 8/1/13 sold 4.924 million  lots @ $1.348 per share 3) On 9/1/13 sold 1.289 million lots @$1.345 per share 4)  On 11/1/13 sold 1.024 million lots @$1.351 per share 5) On 14/1/13 sold 30 million lots @ $1.315 per share (?????) Is this a sign of more selling at lower price? According to today news under SGX Disclosure news, the OZ Parties following the sale transaction on the 14/1/13, owns approx 8.94% of the the total SOP Shares. Would grateful appreciate somesome could share some insights/views/comment pertaining to the above.   |
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simply_ek
Member |
15-Jan-2013 16:57
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i'm still vested in this stock and believe  it will rebound, think a TP of 1.70 is more realistic than than the analysts 2.00 or Peter's 1.55 is a good near term target.
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GorgeousOng
Elite |
15-Jan-2013 16:42
Yells: "Hehehaha...enjoy life n live to the fullest..." |
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Wah! Such a long wait! No red wine to drink al..ready lah!
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guoyanyunyan
Elite |
15-Jan-2013 16:39
Yells: "uncertainty always exist" |
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GO of $1.22 will not be successful, that's for sure. but what happen next is unpredictable... will there be better offer.... will dividend remain attractive etc  |
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simply_ek
Member |
15-Jan-2013 16:34
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Fincanteri has the first 3 months of 2013 to complete the purchase of the 50.75% stake. Any GO to shareholders would only take place after that. Probably see only some major price movement closer to Mar... |
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GorgeousOng
Elite |
15-Jan-2013 16:07
Yells: "Hehehaha...enjoy life n live to the fullest..." |
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Oh no!
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jlim70
Member |
15-Jan-2013 15:58
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You are right, Bro. This is a waiting game but it seems now it has become a wait long long game. | ||||
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New123
Elite |
15-Jan-2013 11:46
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is a waiting game for this counter. whether it will move up or down ? let the mkt decide.. | ||||
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srichipan
Master |
15-Jan-2013 11:05
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I see. Actually got alot of courses available. Some are even free. Basically, You need to understand what you are buying. So financial statements and stuff like that. Looking at charts also very
Important. The most basic and important indicator to look at is the moving average which tells you whether the stock is on downtrend or uptrend. Nv buy a stock on downtrend, coz it means the stock can go even lower. Alot of things involved. Not easy to teach here. Will be glad to share more if i got the time
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GorgeousOng
Elite |
15-Jan-2013 10:55
Yells: "Hehehaha...enjoy life n live to the fullest..." |
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Sometime don't know how to do homework must ask teacher. Teacher on the round knows better than student. I would like to do homework by myself, would you like to teach me? I am serious no kidding. Thank you!
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srichipan
Master |
15-Jan-2013 10:44
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wouldnt it be better to do your own homework?
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GorgeousOng
Elite |
15-Jan-2013 10:31
Yells: "Hehehaha...enjoy life n live to the fullest..." |
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Peter, any news on this counter? Why lembik-lembik no zest? Stxosv...deal or no deal ?Pls quickly settle I want to go for my holidays soon. | ||||
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intrinsic_play
Member |
14-Jan-2013 22:04
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any reason why no momentum?  heard that the free float for STX OSV is around 37% consisting of about 7000 shareholders which means 1. the risk of the free float falling below 10% is quite low and 2. Fincantieri will have to acquire an additional of at least 27% shares for STX to delist which will be a tough move if the offer price is $1.22 Unless my info above is wrong, i see no reason why we should not stock up.   |
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risktaker
Supreme |
14-Jan-2013 20:10
Yells: "Sometimes you think you know, but in fact you dont" |
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Too early..... buy during CNY :) | ||||
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zacaroo
Member |
14-Jan-2013 18:02
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never chiong :( | ||||
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GorgeousOng
Elite |
14-Jan-2013 12:50
Yells: "Hehehaha...enjoy life n live to the fullest..." |
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Ah yio! Why it got hammer down again! Emm .. Can not take my nap now...:( | ||||
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