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1281-1300 of 5364
alot of finance house gave high target price to this stock.. once confirm...delisted failed.. price at least up 10 cents
New123 ( Date: 19-Feb-2013 12:27) Posted:
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is time to go higher..
Anybody knows whether Fincantieri is allowed to mop up the shares in the open market at this time?
OZ parties still the major shares holder after disposing a small percentage of their holding.
Look like those holding tight will eventually be rewarded.
luvkarena ( Date: 19-Feb-2013 12:07) Posted:
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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!
Now I'm happy I decided to average down, just wish I had more cash to go further
Peter_Pan ( Date: 19-Feb-2013 12:16) Posted:
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The tide has turned. STX OSV is riding this big wave.
Congrats to those who bought at 1.25.
The OZ hedge fund, second major shareholder of STX OSV, has been unloading the shares. I think it's just a rebalancing of their portfolio.
This means whatever they are unloading becomes the floating shares.....
cksurfz ( Date: 19-Feb-2013 12:04) Posted:
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Enjoy...
1.33 is not a problem to reach...
Can anyone explain what does the dealing disclosure imply? Thanks.
hope hope hope ...pls be sustainable...
1310/1315 now..
breaking out
Next resistance is $1.34. The stock price should close at around $1.335 today. :)
STX OSV shares dealing disclosure , is it a good news for those still holding onto this one?
http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_868FB4E716C33CB148257B17000FB033/$file/Dealings_Disclosure.pdf?openelement
I am out @1.30... I always leave some for the next man...
I learned this long ago from a certain Mr Sutherland through his articles...
YES.....1.30 now....UP uP UP!!!!!!
STXOSV $1.555 COME M
NEY COME
NEY COME