
heavenknow ( Date: 14-Aug-2012 01:12) Posted:
|
anione into stx
immediate resistance 1.615
chart swee swee...cheer
tglim74 ( Date: 19-Jul-2012 11:59) Posted:
|
Despite good news, this price  doesn't  move a lot. Strange.
This counter seems to reverse with good contract secured

My broker told me last time got mentioned about take over but now seems quiet. 
STX OSV unit wins $20.7m contract
STX OSV Holdings, the major global designers and shipbuilders of offshore and specialised vessels, says its subsidiary STX OSV Electro AS has secured a new contract with Universal Shipbuilding Corporation for the delivery of six integrated diesel-electric propulsion packages for a series of ships under construction for Swire Pacific Offshore. The total value of the contract amounts to NOK 100 million ($20.7 million). 
monday huat ah! Contracts after contracts!
On Tuesday, STX OSV re-tests the support at $1.465 and closed at $1.485 with LOW volume of 5.026 million shares traded.
During the past 10 bars, there have been 4 white candles and 5 black candles for a net of 1 black candles.  During the past 50 bars, there have been 18 white candles and 25 black candles for a net of 7 black candles.
Both RSI & MACD are flat as RSI trend sideways.
Important Resistance of STX OSV: $1.59
Immediate Support of STX OSV: $1.465
Currently prices are supported by 20 days MA at $1.465
For the past 8 trading sessions,.........     READ MORE
 
 
For those who believe this company's  foundations. This shall add to your case. 
 
Offshore Support Vessel Shipyard Flourishes
Norway-based shipbuilders, STX  Holdings, outperform the FTSE  Straits Times Oil & Gas Index
The offshore support-vessels builder has outperformed the FTSE Straits Times Oil and Gas Index, of which it is a component, making year-to-date returns of 38.8 per cent compared with the index's 16.8 per cent, reports 'Sgmarine Industries'.
First and foremost, STX is in the right place at the right time, with the conventional shipbuilding sector having taken a hammering because new ships are no longer being ordered.
STX OSV, however, has been incredibly blessed with orders. Vessels built by STX OSV are tied to the oil-and-gas industry, which is in the midst of expanding into deeper-water exploration as shallow water or land sources of energy dry up.
STX OSV builds the very kind of more complex and advanced vessels needed for these offshore drilling activities - of which there are, compared to other classes of merchant vessels, relatively few in the world today. This sets the scene for what we have seen for STX OSV, particularly in 2011 and 2012. It has under its belt about 6.7-6.9 billion krone (S$1.43- 1.47 billion) worth of orders so far this year, surpassing analysts' initial expectations.
Nobody know what is happening to this stock??? Will trade at this range if the sale of stake not confirmed....boring.... :(
jamesng ( Date: 22-Jun-2012 14:23) Posted:
|

littleboi ( Date: 22-Jun-2012 08:25) Posted:
|
jamesng ( Date: 21-Jun-2012 23:27) Posted:
|
I have that view too....see who is buying the stake and at what price....
Even sale of stake successful...it is sell on news unless the remaining are acquired by the buyer at a higher price...
 
As I predicted :
  STX OSV SECURES CONTRACTS FOR TWO
PLATFORM SUPPLY VESSELS FOR FARSTAD SHIPPING.
Good Luck... 
eddyte ( Date: 14-Jun-2012 22:23) Posted:
|