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1901-1920 of 5364
DMG values it above $2+. Existing shareholders don't lugi anyhow sell away woh...
STXOSV is a profitable company. The Italian company really tam tio.
Hold on to your pants..
Don't miss the boat woh...
TIDEWATER ACQUIRES VESSELS UNDER CONSTRUCTION AT STX OSV
Singapore, 11 January, 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 Tidewater Inc. (“Tidewater”) has acquired contracts for
three Platform Supply Vessels (PSVs) under construction at STX OSV in Norway.
STX OSV had originally secured the contracts for the design and construction of
three vessels for STX Pan Ocean Co. Ltd. in 2010, and Tidewater has now entered
into an assignment agreement with STX Pan Ocean to take over these contracts.
The first vessel in the series will be delivered to Tidewater during 1Q 2013.
Deliveries of the next two vessels are scheduled for Q2 and Q3 2013.
Mr. Roy Reite, Chief Executive Officer and Executive Director of STX OSV, said,
“STX OSV has in the past delivered ten offshore vessels to Tidewater. We are
delighted to welcome Tidewater back to us as a client, and we look forward to
cooperating with their team again.”
The vessels are of STX OSV PSV 09 design, developed by STX OSV Design in
Ålesund, Norway. The overall length of the vessels is 87.9 meters, with a beam of
19 meters. The hulls are built at STX OSV Tulcea in Romania. Two vessels will be
delivered from STX OSV Søviknes, the third from STX OSV Aukra in Norway.
Tidewater is a leading provider of larger Offshore Service Vessels to the global oil
and gas industry. With a fleet of more than 300 vessels, Tidewater is the oldest,
largest and most experienced provider of the marine support services for this vital
industry. Tidewater has a global footprint, with over 90% of its fleet working
internationally in more than 60 countries. With its large, new vessel fleet, global
footprint, leading safety performance, and over 50 years of experience providing
marine support services, the company is serving customers who are operating in
more remote, deeper and increasingly hostile environments in order to meet the
world’s energy demands.
Will shift more funds into this counter tomorrow.
This is getting more and more interesting.
Syndicates are accumulating fiercely.
wah..like that means another 3% can force the remaining shareholders to sell?? ...zzz
Actually the free float in the open market is only very little about 13%.
Anyone knows 13%= to how many lot?
Anyone knows 13%= to how many lot?
Indeed. Seems like STX OSV management is very silent on this issue. They probably need to be more transparent to small shareholders like us... fill us in on the situation on the ground... explain why such a huge chunk of shareholding is sold to the italian Fincantieri at such a discount... why hedgie OZ did the same. They should be protecting all stakeholders' interests especially the minorities!!
Btw, anyone know the current breakdown of major shareholders of STX OSV? Thanks!
Billongkokeng ( Date: 10-Jan-2013 18:08) Posted:
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STXOSV $1.555 COME M
NEY COME
NEY COME
There is more buying vol than selling vol.
Nobody can tell when it suddenly move. if we sell off too soon, we may miss out the bull run.
All O& G counters suddenly move a lot in the past few days including ASL, NOL, Jaya, Ezra, Kruez. It will stop for correction, then it will be other counter such as STX, Mermaid, Marco Polo and even be Nam Cheong.
Only who have conection with BB will known the day before.
As for many of us just have to wait patiently.
Actually the free float in the open market is only very little about 13%.
If all os us don't sell, they have to offer a lot more tha present mkt price (just like SC Global) to take it private ...
Hope t\for the best soon ...
Peter_Pan ( Date: 10-Jan-2013 20:39) Posted:
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what price?
Peter_Pan ( Date: 10-Jan-2013 20:50) Posted:
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Signals already given by the Tua Hee these few days. Patience woh...
GorgeousOng ( Date: 10-Jan-2013 20:46) Posted:
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Ok, Pls give signal!.....sending ....some cheese n red wine.....enjoy n relax
Peter_Pan ( Date: 10-Jan-2013 20:39) Posted:
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Don't anyhow sell woh...
It is going for 1.40 soon.
But it's having a reversal soon, you let go so fast. I added on today.
srichipan ( Date: 10-Jan-2013 17:07) Posted:
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The selling of stxosv shares by OZ Parties over the last 2 days @ $1.33-$1.34+ to the Fincantier is very troubling indeed especially to the small retail investors. I am finding the OZ Parties' action very puzzling in that the volume of selling to Fincantier is relatively small. I am hoping that when the selling of the shares to the Italian progressess, the selling price will move higher. Any possibility? Today selling is at $1.34+ (Not Sure?) Given situation, can someone provide some advise/view on the possible sceanarios on STXOSV Shares price movement for the weeks ahead. Any further upside or downside. Should the small investors cut lossess now and exit this counter. Headache and Heartache!!