
Same stories as STX Pan Ocean when they held their ipo in 2005 at $1.27c initially.
Finally it also price below a dollar due to London bus bombing if i am not wrong.
This time, i dun know why they price at lower end at 0.79c ?
soloman ( Date: 08-Nov-2010 21:32) Posted:
|
Go IPO is to raise capital, raise capital keep in bank? of course not, to pay off debts la or buy assets. Nothing unusual.
DR Cash CR Equity
CR Cash DR Debt
AK_Francis ( Date: 08-Nov-2010 19:32) Posted:
|
THIS SPO IS PRICED AT THE LOWEST END RANGE .......................
THE QE II BY BERNANKE MIGHT CARRY ALL STOCKS INCLUDING THIS ONE TO SUCCESS............................
I am deciding on the closing day itself and or the day B4 closing.
closes at noon (12 noon) on Nov 10, 2010 (Wed).
soloman ( Date: 07-Nov-2010 19:18) Posted:
|
do you mean the 800 million debt to pay back to the shareholders, like the way China MinZhong IPO is to also pay back shareholders?
Please clarify.
IT HAS APPROX US$800 MILLION DEBT ........................
teeth53 ( Date: 07-Nov-2010 09:31) Posted:
|
IPO-ing. what U should look out for...
For more detail infomation. Please click following...
http://masnet.mas.gov.sg/opera/sdrprosp.nsf/936bad13609791c948256b3e001ed49f/E335FC78A44A47E1482577D10041DF99/$File/03(a)%20STX%20OSV%20Holdings%20Limited%20Final%20Prospectus.pdf
This one is based, it Headquartered is in Norway (teeth53 thot - value added yard, sort of high product).
Norway: 1,650 employees
• 5 yards
Romania: 5,142 employees
• 2 yards
Brazil: 1,536 employees
• 1 yard
• 1 yard under development
Vietnam: 650 employees
• 1 yard, and
Singapore: 4 employees
• 1 sales office
Nov 4, 2010, it closed at Yangzijiang Last Done: 1.95c Vol: 20,617,000 changed hands.
Nov 4, 2010, it closed at CoscoCorp Last Done: 1.99c Vol:52,316,000m changed hands
http://www.sharejunction.com/sharejunction/listMessage.htm?topicId=2564&recordCount=80
Above - Just for comparing and sharing info (YZJ Vs STX OSV and COSCO Vs STX Pan Ocean)
zhuge_liang Some quote, hope U dun mind. Posted on 28-Mar-2007
Guangzhou Shipyard International Co is the only listed Chinese shipbuilder and its shares trade at 49x forward earnings, compared with 15x for South Korean rival Daewoo Shipbuilding (estimated)
http://www.sharejunction.com/sharejunction/listMessage.htm?topicId=2564&recordCount=60
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)
teeth53 thot - still, is all about your money, decision and your choice (jus my personnal opinion)

Available at all 3 local big banks ATM, closes at noon on Nov 10, 2010 (Wed).
(ii) an offering of 16,283,000 Offering Shares to the public in Singapore (the “Public Offer”), Straits Times paper today published it at as available16 million shares is offer to public,
and together with the Placement, the “Offering”). The Offering Shares offered may be re-allocated between the Placement and the Public Offer, at the discretion of Goldman Sachs (Singapore) Pte. (the “Sole Global Coordinator”), subject to any applicable law. See “Plan of Distribution.”
I have not been successful trying to post this msg - since the whole morning. thk Qs
http://masnet.mas.gov.sg/opera/sdrprosp.nsf/936bad13609791c948256b3e001ed49f/E335FC78A44A47E1482577D10041DF99/$File/03(a)%20STX%20OSV%20Holdings%20Limited%20Final%20Prospectus.pdf
STX OSV Holdings Limited (Norwegian Shipbuilder) to raise S$275.3m on SGX.
The firm is the second offering STX unit to list in Singapore. Offering 180m new shares and 145.6m existing shares, with 16m available to public.
The offer opend today Nov 5, 2010, closes at noon on Nov 10, 2010 (Wed). Trading is expected to start on Nov 12, 2010 (Friday - 09:00 am)
04/11/2010
|
Prospectus
|
• Offering in respect of 325,646,000 Offering. (subject to Over-allotment Option)
• Offering Price: S$0.79 per Offering Share
teeth53 thot - This stock is worth a dollar over short and medium term.
(stock012 Member - can Stag, but do your home 1st
teeth53
IPO-ing. what U should look out for...
Hi,
this counter worth a try or is it destined to be a submarine?