Vard   

STXOSV

got onboard with you guys on STXOSV at noon time... morning time queued but order didnt get thru cos Phillip having some technical issues then.. managed to get it done thru my broker... what is the target price you guys looking at?  Thanks for sharing...

 

So difficult to hit my 1.345 order...

I always make it a point to leave some for the next man...

    if it shoot to 1.37 after I sold, I am happy for the next man... lol... 

luvkarena      ( Date: 22-Feb-2013 13:06) Posted: today I sold 15 lots. Those buyers are all big broker - CLSA, MSCO, UBS....got chance to rise up further!!!

 

Look at your trade done details.. it will show you who is your counterparty broker.

 

where can i get  those info?

luvkarena      ( Date: 22-Feb-2013 13:06) Posted: today I sold 15 lots. Those buyers are all big broker - CLSA, MSCO, UBS....got chance to rise up further!!!

 

today I sold 15 lots. Those buyers are all big broker - CLSA, MSCO, UBS....got chance to rise up further!!!

 

Hopefully some of bb come in the get the shares of stx osv..

guoyanyunyan      ( Date: 22-Feb-2013 08:43) Posted: ... ya lor ... waste of paper ... so on ... ... married deal: vol 1,088,000 and value $1,435,072. That work out to be $1.319 per share …

 

It doesn't matter as the offer price will be minus off the dividend. 

chanting      ( Date: 21-Feb-2013 19:47) Posted: Me too got high confident with this counter...those morons will not be able to acq 90% .... Minor worry is the div .... If they declare a higher div say 15c then when xd it will fall below the 1.22 at the current price and retail might accept the offer! This is wat my thought .... Any comment on this?

 

... ya lor ... waste of paper ... so on ...

... married deal: vol 1,088,000 and value $1,435,072. That work out to be $1.319 per share …

 

 

Today, I received the form - for conditional cash offer ask me to sell STX shares at 1.22...

funny... if i can sell at market at least 1.30... why should i sell to them.. crazy meh

 

somebody said he replied back, full style, on their self addressed envelope, with  limited lingua italiano " Buona fortuna, bas-tardo" ..lol

 

For those inteersted, there's a bit of discussion about this topic in another forum.. Click

 

Kindly take note:

Peter_Pan      ( Date: 20-Feb-2013 22:04) Posted: This circular by Ernst & Young should be issued soon:         Appointment of Independent Financial Adviser  The Board of Directors (the " Board" ) of the Company refers to the announcement made on  23 January 2013 (the " Offer Announcement" ) by Credit Suisse (Singapore) Limited and  Nomura Singapore Limited, for and on behalf of Fincantieri Oil & Gas S.p.A. (the " Offeror" ), a  direct wholly-owned subsidiary of Fincantieri – Cantieri Navali Italiani S.p.A., in relation to the  mandatory unconditional cash offer (the " Offer" ) by the Offeror to acquire all the issued  ordinary shares (" Shares" ) in the capital of the Company, other than those already owned,  controlled or agreed to be acquired by the Offeror, its related corporations and their  respective nominees.  The Board wishes to inform shareholders of the Company (" Shareholders" ) that it has on     28 January 2013 appointed Ernst & Young Corporate Finance Pte. Ltd. (the " IFA" ) as the  independent financial adviser to advise the Directors of the Company who are considered  independent for the purposes of the Offer (the " Independent Directors" ).   A circular containing,   inter alia, the advice of the IFA and the recommendation of the  Independent Directors in relation to the Offer (the " Circular" ) will be sent to Shareholders in  due course.  In the meantime, Shareholders are advised to exercise caution when dealing in their  Shares and to refrain from taking any action in relation to their Shares which may be  prejudicial to their interests until they or their   advisers have considered the  information and the recommendations of the Independent Directors as well as the  advice of the IFA set out in the Circular to be issued in due course.              Expect it to be favourable to the minority shareholders!

 

Lol... they are smart... hardly morons at all... the buyer is the it govt... 

 

Me too got high confident with this counter...those morons will not be able to acq 90% .... Minor worry is the div .... If they declare a higher div say 15c then when xd it will fall below the 1.22 at the current price and retail might accept the offer! This is wat my thought .... Any comment on this?

 

How can a buyer be said to be moron? It is the original majority owners who sold all their majority holdings (> 50%) at 1.22. That was why the stock had declined all the way to 1.24. It is rather unusual, but there may be good reasons to do so.

Imagine if you are the buyer who intends to privatise  the company after the take-over. Of course then you'd want to acquire all the shares as economically as possible.

If there's any 'arm twisting' to be done now, the worst case scenario as a sifu has already pointed out earlier, 1.22 is as good as guaranteed price for all holders.

pnuklis      ( Date: 21-Feb-2013 18:56) Posted: this is a good counter but is is acquired by some morons who believe can buy and delist cheap. Don't sell to Fincateri at 1.22! They have to offer over 1.50 if they want to delist????????????????????????????

 

Let's all huat together! )

 

this is a good counter but is is acquired by some morons who believe can buy and delist cheap. Don't sell to Fincateri at 1.22! They have to offer over 1.50 if they want to delist????????????????????????????

 

Wow..... show hand. Good luck.

Octavia      ( Date: 21-Feb-2013 17:12) Posted: very brave indeed.wish you gd luck. ericpang      ( Date: 21-Feb-2013 17:07) Posted: hmm... 2 schools of thought. I put my chips in this counter.

 

No matter how may 'schools of thought', or no thought at all,

  stocks is just all about betting... Just bet and be ready to cut loss.

        That way, one can make money but not lose much if wrong.

              And there's really no need for anyone to lose face if wrong...

                      And no need to feel proud of oneself, or be invincible at all if right...

ericpang      ( Date: 21-Feb-2013 17:07) Posted: hmm... 2 schools of thought. I put my chips in this counter.

 

very brave indeed.wish you gd luck.

ericpang      ( Date: 21-Feb-2013 17:07) Posted: hmm... 2 schools of thought. I put my chips in this counter.