Vard   

STXOSV

but hey, what those people like me who have bought it at a high price and no more ammunition now to buy...

let me also shoutout, " when people say BUY or SELL, you BUY  "

 

 

ysh2006, I see that you are waiting to buy which is the reason why you put the statement below......so I should hold and buy more according to your theory.....

I think whether you buy or sell, there are reasons for that. If I call for a buy, I put down reasons for it....if you call for a sell put down yours reason for it..it is only then we can have a discussion....and at the end of the day, we decide ourselves....

 

 

 

 

 

Hi All

    There goes a saying ," Many people say Buy you 'Sell,' People say Sell You' Buy'." . Think Think Again...  Now what action You Take ?..

 

 

Contracts would be much more for stx osv as stx osv has in the latest report say second half od 2011 and 2012, 2013 will see more contracts pouring in...

Hold tight for this stocks...

 

STX-OSV: secured contracts for the design and construction of two Platform Supply Vehicles (PSVs) for Farstad Shipping worth about NOK600m (~US$110m). Deliveries are scheduled for 1H13 from STX OSV Langsten in Norway and STX OSV Vung Tau in Vietnam. Including these contracts, STX OSV has 52 vessels in its order book. Ytd, it has secured ~US$323m in orders, vs US$578m revenue booked in 1Q11...

Stock currently trades at 7X P/E. The street largely has a Buy on the stock with TP ranging from $1.68 – 1.89

 

thumps up!

wudang1234      ( Date: 20-May-2011 15:53) Posted: For yr information , there is a lot support at 1.19. many BB about to go in . Just buy on this counter will not go wrong

 

For yr information , there is a lot support at 1.19. many BB about to go in . Just buy on this counter will not go wrong

 

thks for the info, jamesng

btw, dmg also has a buy call with a target price of $1.89 as of 10/5/2011

 

 

This info is not for traders....

 

Company:	STX OSV   (SOH SP, Offshore & Marine)
Event:	POSITIVE - Secures two PSV contracts worth NOK600m (about US$108m)
Recommendation	Outperform
Share Price/Mkt. cap:	S$1.22 / S$1.4bn
Target Price:	S$1.70 on 11x CY12 P/E

What happened: STX secured two PSV constracts from Farstad Shipping worth NOK600m (estimated US$108m). Deliveries are scheduled from its Norway and Vietnam yard in 1H2013.   Including these contracts, STX has in total six vessels under construction for Farstad.

What we think: These contracts lifted YTD order to NOK2.7bn (US$490m) or 27% of our 2011 order target of NOK10bn (excluding Transpetro orders). Order book now stands at a NOK15.6bn (US$2.83bn).   Management guides that the order momentum should be stronger in 2H11. We also believe the NOK3bn Transpetro contracts would be made effective by late May/early June, following approval from Brazil’s Merchant Marine fund.

What you should do: Stay investedc. STX OSV is our top pick among small-mid cap industrials given its 1)superior execution, 2) strong order momentum vs. other OSV shipbuilders and 3) cheap valuation (8x CY12 P/E vs. small-mid cap industrials' 5-year mean of 11x).

 

Still not too late to clear at 1.20. 

 

STX OSV SECURES CONTRACTS FOR TWO PLATFORM SUPPLY VESSELS WORTH NOK 600 MILLION.

 

took profit at 1.19 too! lol waiting for 1.15 before re-entry hehe!

 

so many traders here.....

 

sorry...hanging man with rsi ob

broadfeet      ( Date: 19-May-2011 22:02) Posted: also out at 119...graveyard doji with rsi & stochk ob c u at next dip bishan22      ( Date: 19-May-2011 11:23) Posted: Strong resistance at 1.19. Took profit and wait for next cycle. Good luck.

 

also out at 119...graveyard doji with rsi & stochk ob

c u at next dip

bishan22      ( Date: 19-May-2011 11:23) Posted: Strong resistance at 1.19. Took profit and wait for next cycle. Good luck.  bishan22      ( Date: 29-Apr-2011 10:26) Posted: Just remember not to miss the boat at 1.10. Good luck.

 

cimb has downgraged stxpo to underperform due to rise in bunker costs

will it affect the share price of this counter?

please advise

thanks 

 

smart.. currently stx is trading at  1.15-1.2 range..

earlier i said a " buy call" in another thread.. time to sell now

bishan22      ( Date: 19-May-2011 11:23) Posted: Strong resistance at 1.19. Took profit and wait for next cycle. Good luck.  bishan22      ( Date: 29-Apr-2011 10:26) Posted: Just remember not to miss the boat at 1.10. Good luck.

 

Strong resistance at 1.19. Took profit and wait for next cycle. Good luck. 

bishan22      ( Date: 29-Apr-2011 10:26) Posted: Just remember not to miss the boat at 1.10. Good luck.

 

today up abit good news? 

 

just back from malaysia....drop quite a bit...think will grab more tomorrow......:)