
MS7 (STXOSV)   Good Buying Volume Those seller has have a taker, i.e. Buyer. Ppl buy at 1.29 and of course won't want to sell below 1.29 also ... 643000 So for those of us holding and vested ... hold on there .... |
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  WEIGHTED AVG PRICE :   1.2957  |   LAST DONE PRICE :   1.290  | |||||||
  SPREAD/PRICE RATIO :   0.0039  |   AVG TRADE SIZE :   6.481  | |||||||
Last | Trades | Vol | BuyVol | Mid | SellVol | |||
1.29 | 97 | 643 | 643 | 0 | 0 | |||
1.295 | 137 | 782 | 457 | 4 | 321 | |||
1.3 | 55 | 430 | 343 | 0 | 87 | |||
1.305 | 16 | 64 | 6 | 0 | 58 | |||
1.31 | 11 | 129 | 0 | 4 | 125 | |||
TOTAL | 316 | 2,048 | 1,449 | 8 | 591 |
ksloi1 ( Date: 22-Jan-2013 21:09) Posted:
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Can already confirm 100% this general offer is no more.
Yes , if Fincantieri cannot garner more than 90% of shares , the stock cannot be delisted.  This is a good stock to own at the price of 1.29 , judging from the dividend payout history and the strong balance sheet. It was beaten down due to the intention of  Fincantieri to purchase at 1.22 per share. 
Since many of the investors purchased it at prices > 1.22 , the likelihood of investor selling to  Fincantieriis slim. Very high chance it will not get thro'. In addition, it is too cheap to be sold at 1.22 . If the company wanted to buy it so badly, he has to up the offer price.
The last Apr dividend was 10 cents and if delisting fails to go thro' , you would get the 10 cents dividend in Apr  for financial period ended at 31 Dec 12 if they stick to last year dividend policy. Hence you would have 7.7 % of gain if you can hold it thro ex-date .
Furthermore, as it comes closer to the date of exercising your right to sell to Fincantieri , the price will tends to go up , inching towards its previous price level before the announcement . This is capital gain aspects , hence , at this price, it is worth to purchase.
Just need to be patient ......
 
Disclaimer : Trade with your own analysis/research and at your own risk . I am just analyse it from fundamental perspective .
 
 
Where is the big rally? Wait so long already =0
Peter_Pan ( Date: 22-Jan-2013 12:23) Posted:
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Does it mean that when the mgt wants to delist or gain complete control, they will need more than 90% right?
Then the 'bidder' or the mkt will rally when the news is out, is this the possible scenario?
Or when the mkt comes alive .. then the rally ?
What do the rest of the investors think?
 
Do give us your valuable comments and opinion on this counter, haha
Peter_Pan ( Date: 22-Jan-2013 12:23) Posted:
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Big rally.
So waht does this mean? or is it difficult to get it delisted?
Is it they will rise the offer and they will go ahead at 1.22?
Peter_Pan ( Date: 22-Jan-2013 12:17) Posted:
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Fincantieri faces tough call in general offer to STX OSV shareholders
Wednesday 16 January 2013, 13:43 
Next hurdle may prove insurmountable in Italian firm’s bid to take shipbuilder private
So cheap
CONTINUE LOADING BIG-TIME
nvm hv to be patience with this one. they are playing ding dong. i think when nearest to result announcement then it may run up.
zexoclove ( Date: 22-Jan-2013 11:23) Posted:
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it's gone down to 1.29
... $1.30 support should be quite strong... 
Yup! Think so too! Chances of going up is greater.
Peter_Pan ( Date: 21-Jan-2013 23:43) Posted:
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GOOD VALUE FOR MNEY
Base formation is strong. Continue cherry picking pick pick..
profit taking for those bought at $1.275 - $ 1.28.
some  play contra. may be tmr will rise to $1.35.
zexoclove ( Date: 21-Jan-2013 20:36) Posted:
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any idea y it fell today?
STXOSV $1.555 COME M
NEY COME

Lol... Investing is like this.
    Whether one is investing in the up direction or down direction (both are investing),
        playing longer time frame is aways more risky than playing shorter time frame...

InvestNotTrade ( Date: 21-Jan-2013 18:03) Posted:
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