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Agreed. A good strong indicators. Dont miss this boat hor. Good luck. 
Peter_Pan ( Date: 19-Feb-2013 17:06) Posted:
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Good breakout volume today. Will be a good week for STX OSV.
It should be closing the 1.375 gap soon.
STX OSV has broken-out of the 20/50 SMA with huge volume. Strong trend reversal.
A good day today @ 1.33
Let's hope it will be even better tomorrow....huat ar!
Today manage to catch some mackerel n tuna !!! Wait till I go to Indian Ocean to snag one !!!:)))
iPunter ( Date: 19-Feb-2013 15:23) Posted:
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You're welcome.
james87 ( Date: 19-Feb-2013 16:26) Posted:
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The report is immaterial... even a primary student can produce the report....as long as you know $1.325 is greater than $1.22.....That's all you need to know...
....lolx
Peter_Pan ( Date: 19-Feb-2013 16:22) Posted:
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thanks Peter for continuously updating new info..
Peter_Pan ( Date: 19-Feb-2013 16:22) Posted:
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This circular by Ernst & Young should be issued soon:
Appointment of Independent Financial Adviser
advice of the IFA set out in the Circular to be issued in due course.
Expect it to be favourable to the minority shareholders!
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!
Sorry to say that you are a newbie in Finance...
Pls take CFA level 1 or even level 2 to brush up your finance know-how....
kamyip ( Date: 19-Feb-2013 16:14) Posted:
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Looking good today. I want to date you again. hahaha.
Hi-5!!!
kamyip ( Date: 19-Feb-2013 16:14) Posted:
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I am referring to Ficanteri. We are toying the idea since Fin got it cheap at 1.22, dumping it at 1.33 still give very handsome return in a very short span. This is one of the downside risk that could happen which I think is unlikely.
I am with Peter ... 1.555 huat ar!
luvkarena ( Date: 19-Feb-2013 16:08) Posted:
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He sold too early.
luvkarena ( Date: 19-Feb-2013 16:08) Posted:
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STX Europe alrd sold the shares to Ficanteri.... how to dump????
kamyip ( Date: 19-Feb-2013 16:07) Posted:
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STXOSV $1.555 COME M
NEY COME
NEY COME
Possible but quite unlikely in the short term,
As majority shareholder, it is not that easy to dump the shares in the market.
Unless there is a buyer at an agreed price, they have to dump the shares in a coordinated fashion ie
giving us minority time to react.
iPunter ( Date: 19-Feb-2013 15:38) Posted:
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Huat!!!!!!!!!!!!!!!
Strong base formation.