STX PO   

STX Pan Ocean

wah.. so many announcement made within a day by tis counter.. let's c how it perform on Monday..

http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_3E36E1B57CAFBF60482573D400329B43/$file/STXPO_Establishment.of.JVCo.in.China.pdf?openelement

 

KSE STX PO closed $3.67 up 22 cents today.

 

basically.. it is shares being allocated as 2007 incentives bonuses.. so i guess it's good news gua.. cos company make $$ and rewards de directors to work harder.. so shareholder get better returns... rite..

 

 

aiya.. is take money pay others.. lol..

http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_5AD703E2197AD336482573D40025C0A4/$file/STXPO_Notice.of.use.of.treasury.shares.pdf?openelement

 

Date of Trading Halt *	18-01-2008
Time of Trading Halt *	1630 hours
Reasons for Trading Halt *	Pending for announcement to be released simultaneosly both in SGX and KRX as the Company has a dual listing.

 

Trading HALT... dun noe wat news to announce.. could it b KSE & SGX in detail how to trade vice versa.....

 

wah lau.. KSE up 0.18... SGX oni 0.02....

 

STX in KSE $3.57, STX in SGX $2.53, coming folks

 

STX Pan Ocean trading at $3.39 on KSE.  Singapore SGX $2.51, still a long way to catch up.  Again depending on World markets. 

 

16 January 2008

Baltic Dry Index (BDI)  -421 6915

 

Hi jasonrxz. I did mention it's from Reuters. Cheers.

 

HI Zhuge_liang,

 

                       can i ask u where u have the piece of news from? i searched on SGX website but there's no announcement made today?? where u find those 1st hand news? I think it's good to share among bros here ok?

 

cheers

 

STX Pan Ocean rose as much as 13.1% to $2.77 after the company announced details on the migration of its shares between Singapore and Seoul.

Shares of STX Pan Ocean, which is also listed on the Seoul exchange, is trading in Singapore at around a 34% discount to its Korean counterpart. By 0425 GMT, STX Pan Ocean shares were trading down 2.77% on the Korea Exchange, at 2,455 won.

A STX Pan Ocean spokeswoman said she could not give an exact timeline for the migration of shares, but a local dealer told Reuters it will take about two weeks.

 

ohh.. i m sorry.. i din know that. can remove the chart if its taking up too much memory. sorry.

 

Baltic Dry Index -3xx7336http://investmenttools.com/futures/bdi_baltic_dry_index.htm

http://www.maxmart.com.tw/BALTIC-INDEX.files/image001.gif

 

 

Hi Arbitrager,

You can't display images from your harddisk. You need to post to a website. And the image must not be too large.

 

Most shipping and shipbuilder counters are up cos' baltic dry index is up slightly but the downtrend is still intact.

 

COVER.

http://www.freewebs.com/henryhts

 

 

Anyone has info why STX is top vol and up 10% when market is red and bulk rate is still dropping?

 

Investors are rattled by fears of a possible U.S. recession which could dampen demand for sea transportation from raw materials to finished products, analysts said.

The Baltic Dry Index fell another 3.71% on Mon.

Charter rates for ships to move dry bulk cargoes such as ore, coal, grain, steel and cement were strong through '07 and a correction is neutral, said Gideon Lo, senior analyst at DBS Vickers Securities.

"The pullback is big but the current level is still higher than last year's average rate of around 7,000 points," he said.

The Baltic Index has fallen about one-third from its peak of 11,039 on Nov 13 to 7,654 but was still 65% above its level in the same time last year.

Some analysts said the freight rates were not indicative in a slow season and they preferred to wait and see until after the Chinese New Year to see whether the dry bulk market had changed course.

"The market is now sentiment driven and investors are pretty cautious," said Geoffrey Chang, an analyst at Daiwa Institute of Research.