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Why is it with news of 3 new contracts people still want to dump at 1.26?
Only fool would sell shares to Fincanteiri. Even the stock price close to 1.22, I would not sell mine to them.
pnuklis ( Date: 15-Feb-2013 09:31) Posted:
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STX OSV : Cut EPS, TP on Low 2012 Wins. Maintain BUY, TP: S$1.96
OSK-DMG
STX OSV Company Update: Three New Orders. OSK-DMG cut its TP from SGD2.05 to SGD1.96 after it revised down its FY13F EPS
this is a good stock with good income visibility. I'll hold and continue to accumulate unless the successful GO leave me no choice but to lick my wound.
Do not accept the Italian offer for S$1.22 as this counter is worth much more. Let us the small holders send a strong message to Fincanteiri that they cannot bully we Singaporeans. This company STX OSV is doing well and gives good dividend and is worth much more than this stupid offer which in all counts must be rejected. Please do not respond to the letter sent by mail.
superb, jus 1.5 months into 2013, clinched near SGD 0.5 billion sgd businesses. Read from one article previsously saying, companies who defer their subsea vessel orders in 2012 will make up for it in 2013, so more subsea vessel orders to come, surely.
Peter_Pan ( Date: 15-Feb-2013 08:43) Posted:
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STXOSV: Three new OSCV contracts worth US$350-500m - BUY - TP $1.52 - OCBCS
If one accept the GO now, one get $1.22 per share.
If one don’t accept the GO now and:
1. The GO is successful, one will be paid $1.22 per share or
2. The GO is not successful, the shares continue listed, then the share price may go up or down according to market forces.
Too much noise there. Too cluttered.
Mandatory offer is only a formal requirement which may not necessarily go through if stock holders do not take up the offer, no?
If the offer is not taken up, will it remain listed in the market, whereupon it may soar, especially in view of the new contracts? This will constitute valuabe discussion, though.
Just ignore.
InvestNotTrade ( Date: 15-Feb-2013 02:35) Posted:
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Anyone got account at CNA forum? People there thinks stx osv will get delisted. Help them help ourselves
http://forum.channelnewsasia.com/showthread.php?426992-STX-OSV-1.22-Mandatory-Unconditional-Cash-Offer/page2
http://forum.channelnewsasia.com/showthread.php?426992-STX-OSV-1.22-Mandatory-Unconditional-Cash-Offer/page2
The tide has turned. STX OSV is riding this big wave.
Wah...reignite my excitement for this counter. Hopefully there will be some effects towards the stock price tml.
Blanchard ( Date: 15-Feb-2013 00:38) Posted:
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Wah... the 3 contracts announced today are worth ~450 million SGD.
STX OSV SECURES CONTRACT FOR ONE OFFSHORE SUBSEA CONSTRUCTION VESSEL FOR DOF SUBSEA
STX OSV SECURES CONTRACT FOR ONE OFFSHORE SUBSEA CONSTRUCTION VESSEL FOR FARSTAD SHIPPING
STX OSV SECURES CONTRACT FOR ONE OFFSHORE SUBSEA CONSTRUCTION VESSEL FOR SOLSTAD OFFSHORE
三 星 报 喜
STX OSV SECURES CONTRACT FOR ONE OFFSHORE SUBSEA CONSTRUCTION VESSEL FOR DOF SUBSEA
Singapore, 14 February, 2013 – STX OSV Holdings Limited (“STX OSV”), one of
the major global designers and shipbuilders of offshore and specialized vessels, is
pleased to announce that it has secured a new contract for the design and
construction of one Offshore Subsea Construction Vessel (“OSCV”) for DOF
Subsea.
The vessel will be of OSCV 12 design, developed by STX OSV in Ålesund,
Norway. It will have a total length of approximately 161 meters and a beam of 32
meters. Delivery is scheduled from STX OSV Søviknes in 1Q 2015. The hull will be
delivered from STX OSV Tulcea in Romania.
With such performance potential of STX OSV, expect favorable information and recommendations from Ernst & Young.
Peter_Pan ( Date: 14-Feb-2013 19:22) Posted:
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