Brazil's state-run Petrobras confirmed that oil fields recently discovered offshore contained 8.3 billion barrels of recoverable crude and gas -- and said the biggest field was being renamed "Lula."

Different $tock, different winning $treak
CNY Ang Pao,



Ya...Feb 15th and, watch 4th wk of Jan, 2011. Load up B4 missing tis boat again. PE Ratio sounded very cheap liao when Feb result is announce. $TXO$V


For more related info - STX OSV has turned out to be a GEM against skeptical since it IPO.
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http://www.sharejunction.com/sharejunction/listMessage.htm?topicId=9212&recordCount=20
As according to Bloomberg.com. Not only on OSVs, on commercial cruise vessels. STX plans IPOs for Cruise-ship builder, China yard amid rebound.
By Kyunghee Park - Nov 8, 2010 7:57 PM GMT+0800
______________________________________________________________________________
Written by Bloomberg |
Wednesday, 19 January 2011 19:09 |
http://theedgesingapore.com/the-daily-edge/business/25161-hutchison-port-ipo-may-eclipse-singapores-2010-deals-update.html
STX GROUP and others related news
South Korea’s STX Group is considering listing its Chinese shipyard in S'pore or Hong Kong in the 2nd half of this year. The group’s STX Pan Ocean Co. and STX OSV Holdings. are already traded in the city-state. Singapore Exchange’s planned takeover of ASX makes Singapore an attractive place for IPOs,” Lee Jong Chul, vice chairman of STX Group, said in an interview in October.
Singapore Exchange, the operator of the city’s securities market, offered in October to buy ASX., Australia’s main bourse, for A$8.4 billion ($10.8 billion) to help Singapore compete against regional rivals.
China Merchants Holdings (International) Co., the owner of stakes in ports that move a third of the country’s cargo containers, and Cosco Pacific Ltd., Asia’s third-largest container-terminal operator, both trade in Hong Kong.
ya, risk seems higher than reward at current level....
jamesng ( Date: 15-Jan-2011 09:03) Posted:
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it will not go up in a straight line...think will trend lower first until positive news are out if any...
the up is too much and likely to fall due to profit taking........
Buying is always a risk, buy within your mean to hold long, long, not for specualting, more for investment.
Those bot at huge order (trading) is buy/sell by vested BBs and securites houses.
Three BBs, Goldman Sach, DMG, and CIMB is interested to clean up old px and move to it target px $1.54c, $1.56c and to $1.60 cents and most recent (4th) recommendation is from Credit Suisse--TP $1.55c, about 20% up side from today closing price of $1.29cent.
A world class OSV builders and largest by sales order. Pending result coming in around Feb 15th, 2011, should been a postive (also notes, the company’s 2011 dividend yield of 3.2% is one of the highest in the sector3.2% yeild and current ) and perhap also after that,
News of more order secure on OSV vessels to be built. May have a very good chance of re-rating STX OSV again by them. “STX OSV should benefit significantly as the largest producer of high-end OSVs,”
Just sharing my thot.
TP is not very far away....Coming soon $1.54
Source of opportunty by Goldman Sach - "Backed by an R&D and geographical edge. We NOT ONLY believe that STX OSV will maintain its leading OSV newbuilt position, we increasingly view the company as a strong proxy to Singapore's offshore & marine sector, which we are also positive on.
Having only recently listed. "We do not think investors is fully appreciate STX OSV's strong business outlook."
STXOSV CPF 1.160 Last Done $1.200 +0.040c +3.4% Volume - 21,833,000
Trade Summary - Today high - $1.23c, Low $1.16c, most trade deals done (yellow bar)
Last | Trades | Volume | Bid Volume | Mid | Ask Volume |
1.160 | 22 | 668,000 | 419,000 | 0 | 249,000 |
1.170 | 52 | 2,464,000 | 1,015,000 | 0 | 1,449,000 |
1.180 | 14 | 945,000 | 0 | 0 | 945,000 |
1.190 | 15 | 1,222,000 | 211,000 | 0 | 1,011,000 |
1.200 | 198 | 6,417,000 | 2,997,000 | 0 | 3,420,000 |
1.204 | 1 | 124,000 | 0 | 124,000 | 0 |
1.210 | 213 | 7,106,000 | 2,658,000 | 0 | 4,448,000 |
1.212 | 1 | 404,000 | 0 | 404,000 | 0 |
1.220 | 27 | 1,761,000 | 892,000 | 0 | 869,000 |
1.226 | 1 | 160,000 | 0 | 160,000 | 0 |
1.230 | 11 | 562,000 | 0 | 0 | 562,000 |
TOTAL | 555 | 21,833,000 | 8,192,000 | 688,000 | 12,953,000 |
teeth53 - When nobody notice thi$ ($TXO$V $tock), alas...now that analysts (goldman Sach) oredi indicated liao.
I am more happy about my own kind version of why i did mentioned its worth more then a dollar.
IPO-ing. what U should look out for...
http://www.sharejunction.com/sharejunction/listMessage.htm?topicId=9164&recordCount=120
STXosv eg - Setting an initial indicative price of between S$0.85 and S$1.13c a share for the listing.
Goldman Sach TP $1.54c (old news - 12 mths), my indicative TP remain (6mths - March till June 2011.)
Jaya holding will be a better choice for me then JES because of its strong earning and good dividend track records.
starlene ( Date: 04-Jan-2011 09:46) Posted:
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Move up too much from 79cts to $1.20 for STXOSV....buy JES at 37.5cts
To make money in 2011 - Pick those stocks (whether penny, S-chips or blue-chips)
When nobody notice thi$ ($TXO$V $tock) and are NOT on the radar $creen of Analysts yet.
Remember this - stocks already on the radar screen cannot make muc$. (Don start chasing after tail end)
It is bye bye to one dollar liao. $TXOSV Ai Cheong....liao

31-Dec-2010 - Relax. Feel the Capricon effect next month Jan 2011, err....next week..

Thk. This treads is mean for long haul type and serve as a reminder. Will be posting less often then before.
STXOSV - STXosv will have many more multiple input post by members, new or others wise, as many gurus and sifus. thus there can be many right and many wrong. (an understanding on the value of investing)
Thk neutral: (responsing to neutral posting)
For eg - Setting an indicative price of between S$0.85 and S$1.13c a share for the listing.
neutral ( Date: 10-Nov-2010 23:04) Posted:
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there are 2 separate threads on STXOSV. can we all post and consolidate at the other thread named STXOSV and not this one?
just a suggestion for easy reading.
http://stxosv.listedcompany.com/newsroom/20101222_033543_MS7_871483DF8108B0264825780000391A28.1.pdf
STX OSV takes full contro; of Vietnam subsidiary, and enables the Company to further develop the entities in Singapore and Vietnam. The Company currently operates a shipyard in Vietnam with approximately 650
employees. It started manufacturing operations in April 2008 and has since delivered two vessels, with an additional six vessels currently in the orderbook scheduled for delivery from the Vietnam yard.
This chart will further compliment....2012 result. STXOSV offshore Subsea construction vessels into yr 2011.
http://sg.finance.yahoo.com/echarts?s=MS7.SI#symbol=ms7.si;range=3m;compare=;indicator=volume;charttype=area;crosshair=on;ohlcvalues=0;logscale=off;source=;
STX OSV in brief
- http://www.stxosv.com/about/Pages/default.aspx (Note it historical highlights)
Our expertise and track record have earned us worldwide recognition.
Our expertise and track record have earned us worldwide recognition.
In addition to constructing highly advanced OSV's, we also produce specialized vessels such as LNG-powered ferries, naval and coast guard vessels, fishing vessels and non-offshore related icebreakers with customer specific applications. Across these different vessel types, higher margins are typically generated from the vessels that require a high degree of customization. We also offer our vessel designs to external customers, often in packages with main vessel equipment.
We have developed strong relationships with our customers over the years, and have gained a reputation for constructing reliable, high quality vessels. We believe the depth of our relationships with, and geographical proximity to, a large number of industry-leading customers and suppliers provide us with a strategic advantage.
STX OSV also has the flexibility to execute multiple modifications in the specifications requested by our customers during construction, enabling our customers to offer highly customized OSV's to cater to the needs of oil companies and field operators.
teeth53 thot - it has it own prowess to engage where the action is to be at d right time.
A stock since ipo 0.79c early Nov 2010, i did mentioned it's worth more then a dollar and it's still early day.
It world’s biggest maker of oil-rig support vessels by sales. STX OSV Holdings Ltd. is a global shipbuilder of offshore support vessels ("OSV") used in the offshore oil and gas exploration and production and oil services industries. The Company's core business is design and construction of customized OSVs, including platform supply vessels ("PSV"), anchor handling tug supply vessels ("AHTS") and advanced offshore subsea construction vessels.
RIO DE JANEIRO, Dec 29 (Reuters) - Brazilian state oil company Petrobras said Wednesday its Lula well, in the Tupi area in the deep water offshore region known as the subsalt. The company needs to resolve technical problems such as transporting natural gas to the mainland from Tupi, which is more than 250 kilometers (155 miles) off the coast of Rio de Janeiro. It will take several years for Petrobras to add the entire 8.3 billion barrels to its proven reserves
Exploration at deepwater oil fields in Brazil will “intensify” next year as Petrobras and other oil companies add more offshore support vessels ("OSV"), platform supply vessels ("PSV"), anchor handling tug supply vessels ("AHTS") and advanced offshore subsea construction vessels.
It is bye bye to one dollars liao. STXOSV Ai Cheong....liao

Relax. Feel the Capricon effect next month Jan 2011, err....next week....
Straits Ti... | 3,190.04 | -22.42 | -0.70% |
(31-12-2010). Friday trading hours, 09:00 - 12:30pm)
52wk Range: | 0.79c - 1.18c |
---|
STXOSV last done end on strong note, it closed off, $1.14c, with a 44.30% premium over it offer IPO price of 0.79c
STXOSV | CPF | 1.130 | 1.140c | +0.010c | +0.9% | vol-1,911,000 | 14,000 | 1.140 | 1.150 | 1,140,000 |
http://sg.finance.yahoo.com/echarts?s=MS7.SI#symbol=ms7.si;range=3m;compare=;indicator=volume;charttype=area;crosshair=on;ohlcvalues=0;logscale=off;source=;
Just info sharing, hapi reading....
December 30, 2010 - 1:59PM
teeth53 ( Date: 25-Dec-2010 14:22) Posted:
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DBSV Research recommendation
Expects a good start to 2011 due to strong liquidity inflows spurred by the strong SGD, a low interest rate environment and buoyant economic growth but uncertainties over inflation and interest rate hikes could surface towards 2H.
Our fundamental STI fair value is 3500 based on +0.5SD or 15.8x FY2011 earnings, which is not far above our trading objective of 3438. Among sector preferences are SembCorp Marine, Keppel Corp and Cosco Corp on the sustained recovery of orders for new rigs and production platforms
Offshore & Marine analysts sees the spurt in new orders since 4Q10 sustainable due to asset replacement triggered by stricter requirements for rigs vs. an aged rig fleet and from potential in new markets in drillships & wind farm vessels.
We prefer shipyards to offshore vessel owners. Picks are
Keppel Corp (TP: $12.50),
SembCorp Marine (TP: $6.0

Cosco Corp (TP: $2.76).
teeth53 thot - Just sharing info here. STXOSV a hidden gem.
Yesterday STXOSV (Mon) last done - $1.11c, today (Tues) last finished $1.12c
http://www.bloomberg.com/apps/quote?ticker=SOH:SP
STX OSV Holdings Ltd. is a global shipbuilder of offshore support vessels ("OSV") used in the offshore oil and gas exploration and production and oil services industries. The Company's core business is design and construction of customized OSVs, including platform supply vessels ("PSV"), anchor handling tug supply vessels ("AHTS") and advanced offshore subsea construction vessels.
It world’s biggest maker of oil-rig support vessels by sales.
teeth53 thot - Does it sound like a penny or a counter worth more then a dollar or another dollar worth eventually.
CoscoCorp | CPF | 2.050 | 2.060 | +0.010 | +0.5 | volume-1,182,000 |
teeth53 - Posted : 29-Mar-2007
COSCO traded at $2.82 on S'pore bourses, that about 30x it PE Ratio. (estimated at that point in time)
COSCO traded at $2.82 on S'pore bourses, that about 30x it PE Ratio. (estimated at that point in time)
Yangzijiang | CPF | 1.900 | 1.920 | +0.020 | +1.1 | volume- 2,635,000 |
Above are just for sharing info, pls do your own observation and decision is base solely personnal.