Vard   

STXOSV

OZ sneakily sold abit of their shares.

 

The general mkt has run up but not for STXOSV ands grossly a laggard now but once the italian co can't get > 90 % it will not delisted which is also their indications,I believe STXOSV will soar again

ysh2006      ( Date: 01-Feb-2013 05:22) Posted: Yes correct ,STX OSV will slowly slowly drift down to takeover price $1.22 lah...  almost all takeover shares is like this one ...

 

dun think its for months lah for this counter.. but having said that, they must close this quickly and not leave things hanging for long..

jamesng      ( Date: 01-Feb-2013 00:01) Posted: Switch to china related stocks like yingli, pcrt and or johor related real estate such as CES and rowsley will be a better choice.... Don't tie your fund here for few months....

 

 

  think can keep ) translated to $0.23 last year...

26 Apr 2012	Ex-Dividend	DIVIDEND : SGD 0.1 ONE-TIER TAX Record Date: 30 Apr 2012 Payable Date: 16 May 2012
21 Aug 2012	Ex-Dividend	DIVIDEND : SGD 0.13 SPECIAL ONE-TIER TAX Record Date: 23 Aug 2012 Payable Date: 10 Sep 2012

Notes 

 

what's your TP?

 

Come oil come!$$$come come come!!!

 

Can avg down nearer 1.22!

 

Yes correct ,STX OSV will slowly slowly drift down to takeover price $1.22 lah...  almost all takeover shares is like this one ...

 

Switch to china related stocks like yingli, pcrt and or johor related real estate such as CES and rowsley will be a better choice....

Don't tie your fund here for few months....

 

whats the worst case scenario? get delist and they pay us 1.22? will we end up with nothing?

 

Ready to move up soon after squeezing until boh chun for the syndicates. TBTH.

 

what if they decide to revise their offer and take STX OSV at a higher price? 

 

guys,

1. Italians only can buy at 1.22. Not higher / not lower.


2. Currently weak holders are flushed.

3. Depending on Italian's motivation

    a. If contented, Italians will not add position

    b. If delist - They will buy at 1.22 and somehow make it to 90% - then compulsory takeover. Must see if there is change in substantial shareholding announcement which may take up to 3 days to announce on SGX...

  The catch here is the 90%.... SGX rules states to maintain 10% free float.


 

 

yes! hold to end

enrou_dan      ( Date: 31-Jan-2013 18:19) Posted: Hi peeps, just stumbled upon this stx forum...i will defintely not accept the 1.22 offer because im not in the cny sales mode towards the italians... Lets hang on till the end!

 

Hi peeps, just stumbled upon this stx forum...i will defintely not accept the 1.22 offer because im not in the cny sales mode towards the italians... Lets hang on till the end!

 

When will it announce dividend? And when the minority shareholders have to decide either to accept or reject the offer?

 

good idea

snooty      ( Date: 31-Jan-2013 14:02) Posted: cannot waste it further! after using to eat kacang putih, use it in e toilet after ur kacang putih come out! hahah.. Peter_Pan      ( Date: 31-Jan-2013 11:52) Posted: Cannot anyhow waste paper....must use it to put kachiang puteh..

 

at what price will u go in again? coz the downside quite limited with the takeover offer price..

ksloi1      ( Date: 31-Jan-2013 13:43) Posted: Haha.. Disclaimer is only the formality ... As I am not the stock analyst , not supposed to advise , I am giving my point of view . I have been benefited from a few occasions similar to this  scenerio, whereby , offeror offered lower than market price and hope to garner more than 90% for delisting . Yet , finally , the stock is still listed in the market and sprung back to its fair value ... One of the examples is Nera Tel, you could google it to find out yourself. Give yourself sometimes for it to come back to its fair value.   This counter has been in my watchlist , but have never go in until recent opportunity such as this arises....    I noticed it was fluctuating within a few cents  .  I am going in again if it drops further to my targeted/analysed price.  And I will be going in big time..... Octavia      ( Date: 30-Jan-2013 22:46) Posted: Yr earnesty sound so  convicted until I saw your disclaimer clause.Lol.Peace. Have a nice day

 

cannot waste it further! after using to eat kacang putih, use it in e toilet after ur kacang putih come out! hahah..

Peter_Pan      ( Date: 31-Jan-2013 11:52) Posted: Cannot anyhow waste paper....must use it to put kachiang puteh... MtFaber      ( Date: 31-Jan-2013 11:51) Posted: Must wait until Fincantieri's offer of 1.22 deadline is over. All minority should discard the offer letter so that they cannot achieve 90% in order to keep STX OSV listed.

 

STXOSV $1.555 COME MNEY COME