Vard   

STXOSV

Me waiting  at placement price of @$1.33 to re-enter 

JustToTrade      ( Date: 12-Jul-2011 12:39) Posted: re-enter price at 1.375?

 

re-enter price at 1.375?

 

Waiting for next level for re-entry too.

 

Sold! Pretty good profit from STXOSV.

Let see how STXOSV moves in the next few days.

If things don't look that bad, I would enter again.

alexchia01      ( Date: 12-Jul-2011 11:36) Posted: I love STXOSV. Even with yesterday and today's fall, STXOSV still manage to hold well. If it can hold above $1.45 within the next few days, I'll add more positive.

 

I love STXOSV.


Even with yesterday and today's fall, STXOSV still manage to hold well.

If it can hold above $1.45 within the next few days, I'll add more positive.

 

Is it? $1.485 now, looks good, should close high today.

 

Down soon heard BB selling gd luck

 

Support at $1.47 still strong.

 

Sell nw going down soon

 

Averaging up is a common practice...

    If not, how to " huat tua tua" ?...

alexchia01      ( Date: 11-Jul-2011 11:21) Posted: I love STXOSV. My best performing counter. The sky is the limit. Everyone wants to sell you, but I want to add you. Your next stop is where I'm going to add position. For now, fly as high as you can.

 

Now on cloud 9. Jio me eat dinner somemore. Think sold at 1.49-1.495.

rotijai      ( Date: 11-Jul-2011 09:00) Posted: help me congras ur friend.. now ask him faster sell hpong5      ( Date: 10-Jul-2011 17:46) Posted: Now a supposedly shiok weekend becomes a hell of a weekend

 

Shares of Singapore-listed offshore vessel builder STX OSV rose as much as 4.9 percent on Monday to its record high after it said its substantial shareholder has agreed to sell part of its stake to funds linked to US-based Oz Management LP.

At 0227 GMT, shares of STX OSV were traded at S$1.485 with over 13.1 million shares changing hands. This was 1.6 times its average daily turnover so far this year. STX OSV's substantial shareholder STX Europe has agreed to sell 215.6 million shares of STX OSV at S$1.33 each to investment funds affiliated with OZ Management LP in order to improve the liquidity of the firm, it said. STX Europe will own 50.75 percent of STX OSV after the placement.

" We believe the overhang risk has been cleared by the placement and believe share price could continue to re-rate on improving demand for high-end newbuilds offshore support vessel," said DMG & Partners in a report. The brokerage said OZ Management is one of the largest alternative asset managers in the world with $29.3 billion assets under management as of July 1.

 

I love STXOSV.

My best performing counter.

The sky is the limit.

Everyone wants to sell you, but I want to add you.

Your next stop is where I'm going to add position.

For now, fly as high as you can.

 

1.49-1.495 is a good price to take profit..

can consider hop in again when it drops to 1.46-1.47

just my noob opinion

 

Bought 20 lots, maybe see $1.50 take some profits. See how later.

Broker_77      ( Date: 11-Jul-2011 10:49) Posted: How many lot u brought? Haiz me only 4 lots at 1.42.. What price to sell? susan66      ( Date: 11-Jul-2011 10:38) Posted: Great move, buy at $1.42 last week, never panic since open never gap down as what most think. Still holding on since today's chart should turn up. Going to  test $1.50 soon!   Congrats to all in the trade!

 

How many lot u brought? Haiz me only 4 lots at 1.42.. What price to sell?

susan66      ( Date: 11-Jul-2011 10:38) Posted: Great move, buy at $1.42 last week, never panic since open never gap down as what most think. Still holding on since today's chart should turn up. Going to  test $1.50 soon!   Congrats to all in the trade! Bintang      ( Date: 11-Jul-2011 10:14) Posted: Minimum upside target should be at $1.6

 

Great move, buy at $1.42 last week, never panic since open never gap down as what most think. Still holding on since today's chart should turn up. Going to  test $1.50 soon!  

Congrats to all in the trade!

Bintang      ( Date: 11-Jul-2011 10:14) Posted: Minimum upside target should be at $1.62 teeth53      ( Date: 11-Jul-2011 09:50) Posted: Hi starlene, U made a good move a day B4 news it out....U are bless with good luck. A chance to buy back @lower px

 

Sweet sweet STX. 

 

STX OSV: Could see slight pullback, after Co. announced much anticipated news that it has sold a 18.27% stake to OCH-Ziff Capital Mgt for USD 236m, or $1.33/share, to secure operating capital for the group. Post sale, STX Europe will still remain as grp’s biggest shareholder with a 50.7% stake…..

We note that based on Fri’s closing price of $1.42, post share sale could see new weighted average price at $1.40. We maintain positive view on stock, with street having a mean TP of $1.78 on grp, while an estimated strong orderbook of Nok 17,000, underpins earnings till 2014.

Valuations remain compelling at 6x trailingP/E vs larger yards simple average of 14x. Any weakness in stock could represent a good opportunity to accumulate, as sharesale overhang has been removed.

 

It going up as expected 1.46 nw....