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I have some....but then I feel it went up too fast....perhaps will correct a but first before shoot to 1.50...:)
Congratulation Starlene,
Date: 14-Jan-2011 10:46)
I've some from 80-84cts bought during Korean tension and went in to accumulate more at $1.23 cents
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teeth53--Would like to add BBs sell and another BB s bot (
changed hand) at
$1.23cents Watch
CNY Ang Bao coming, also awaiting Feb 15th result. Hohoho...Solid opening. Load up B4 moving again.
Load up B4 missing this boat. $TXO$V 
....., cleaned up $1.23c (GM.Sach, DMG, CIMB and C.Suisse).
Source--Goldman Sach - "Backed by an R&D and geographical edge. We NOT ONLY believe that STX OSV will maintain its leading OSV newbuilt position, we increasingly view the company as a strong proxy to Singapore's offshore & marine sector, which we are also positive on.
Having only recently listed. "We do not think investors is fully appreciate STX OSV's strong business outlook."
| MS7 |
STXOSV |
|
|
1.240 |
1.290 |
+0.060c |
+4.9% |
Vol-34,046,000 |
797,000 |
1.280 |
1.290 |
332,000 |
Seems like it's at wave 5 already.
E. wave 4 corrective wave ( less than 38.2 % retracement). load it up
just my opinion. I think now at wave 3 (golden rule from wave 1)
bishan22 ( Date: 14-Jan-2011 16:35) Posted:
Never chase stock, you will be injured by BB. Patience is the game. 
New123 ( Date: 14-Jan-2011 16:27) Posted:
| Profit taking will be happening next week. It has gone up quite a lot.. Be careful when the BBs start to off-load.. |
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| MS7 |
STXOSV |
|
|
1.240 |
1.290 |
+0.060c |
+4.9% |
Vol-34,046,000 |
797,000 |
1.280 |
1.290 |
332,000 |
| Straits Ti... |
3,245.96 |
-9.91 |
-0.30% |
 $TXO $V end up $1.29c, different stock, different winning streak
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teeth53 ( Date: 08-Jan-2011 15:46) Posted:
|
Straits Times |
-18.35 points |
to 3,261.35 points |
Down |
STI ends 4 days winning streak--on profit taking, cautious mode ahead of US non-farm payroll figures.
 Players and stake holders confident is rising, it touch a high of $1.23c, $TXO$V ends up (different stock, different winning streak)
| MS7.SI |
$TO$OV - $1.20c |
+0.04c |
+^3.45% |
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Jialat has bot this counter and looking for it to reach 1.35
bishan22 ( Date: 14-Jan-2011 16:35) Posted:
Never chase stock, you will be injured by BB. Patience is the game.
New123 ( Date: 14-Jan-2011 16:27) Posted:
| Profit taking will be happening next week. It has gone up quite a lot.. Be careful when the BBs start to off-load.. |
|
|
|
Never chase stock, you will be injured by BB. Patience is the game.
New123 ( Date: 14-Jan-2011 16:27) Posted:
| Profit taking will be happening next week. It has gone up quite a lot.. Be careful when the BBs start to off-load.. |
|
Profit taking will be happening next week. It has gone up quite a lot.. Be careful when the BBs start to off-load..
Congratulaion Starlene. This babe got more meat than keppelcorp and sembcorp marine. good to see you start at pennies.
Smiling all the way on profit. 
starlene ( Date: 14-Jan-2011 10:46) Posted:
|
I've some from 80-84cts bought during Korean tension and went in to accumulate more at $1.23,Besides CIMB also initiate coverage with T.P $1.60
O UTPERFORM STX OSV S$1.15 @10/01/11
The whole nine yards
Offshore & Marine Target: S$1.60
S INGAPORE
SOH SP / STXO.SI Yeo Zhi Bin +65 6210 8669 – zhibin.yeo@cimb.com
•
discount to 5-year rigbuilders’ mean). STX OSV is a designer and shipbuilder of
high-end, customised offshore support vessels. With nine shipyards in four countries,
it has exposure to global E&P spending. We see stock catalysts from higher-thanexpected
orders and results. Initiate with Outperform and target price of S$1.60, based on 11x CY12 P/E (10%
•
and visibility, and a quality order book, we place STX OSV in a league above the rest
of the local OSV builders. League above local OSV yards. With better capabilities, stronger earnings growth
•
OSVs under construction in Brazil. It currently has a second yard under development
in Brazil (operational in 2012/13) to tap Petrobras’ E&P ambitions. We project a 3-
year earnings CAGR of 34% on better execution and the recovery in the OSV subsector. Booming Brazil. STX OSV has a 45% market share, in terms of the number of
•
local OSV builders’ 5-year trading average. We argue that closer comparables
should be rigbuilders, KepCorp and SMM, which are trading above their 5-year P/E
mean valuations. We believe that STX OSV, as the only other mid-cap investment
apart from Ezra, is the next most-valued proxy for the global E&P recovery. Valuation-competency mismatch. The stock is trading at 8x CY12 P/E, in line with
Financial summary
FYE Dec 2008 2009 2010F 2011F 2012F
Revenue (NKr m) 11,370.0 11,895.0 11,079.6 12,869.2 13,930.6
EBITDA (NKr m) (201.0) 649.0 1,084.5 1,158.2 1,253.8
EBITDA margins (%) (1.8%) 5.5% 9.8% 9.0% 9.0%
Pretax profit (NKr m) (137.0) 161.0 1,253.0 973.7 1,100.6
Net profit (NKr m) (153.0) 96.0 805.5 641.6 770.4
EPS (S cts) (2.8) 1.8 14.7 11.7 14.1
EPS growth (%) (492.3%) 162.7% 739.0% (20.3%) 20.1%
P/E (x) nm 68.3 8.1 10.2 8.5
Core EPS (S cts) (7.3) 5.8 11.3 12.4 14.1
Core EPS growth (%) (1,025.6%) 180.2% 93.0% 9.9% 13.9%
Core P/E (x) nm 20.5 10.6 9.7 8.5
Gross DPS (S cts) 0.0 0.0 1.9 3.4 4.2
Dividend yield (%) 0.0% 0.0% 1.6% 2.8% 3.5%
P/BV (x) 8.2 6.5 3.1 2.4 2.0
ROE (%) (19.9%) 10.5% 51.2% 26.5% 25.6%
Net gearing (%) 685.5% 494.2% 113.0% 91.6% 72.6%
P/FCFE (x) 163.9 (145.7) 49.9 6.4 5.6
EV/EBITDA (x) (60.8) 17.9 8.2 7.8 7.1
CIMB/Consensus (x) N/A N/A N/A
Note: Per share data translated into listing currency at current fx spot rates, valuation methodology based on house forex forecasts
Source: Company, CIMB Research , Bloomberg
Price chart Market capitalisation & share price info
Market cap S$1,416m/US$1,094m Share price perf. (%) 1M 3M 12M
12-mth price range S$1.20/S$0.79 Relative - - -
3-mth avg daily volume 14.0m Absolute - - -
# of shares (m) 1,180 Major shareholders % held
Est. free float (%) 21.0 STX Norway AS 68.3
Conv. secs (m) NA Morgan Stanley 5.8
Conv. price (NA) NA Leading Inv and Sec Co Ltd 4.9
0.8
0.9
1.0
1.1
1.2
1.3
Nov-10 0.7
0.00
0.10
0.20
0.30
0.40
0.50
0.60
0.70
Volume 100m (R.H.Scale) STX OSV
Source: Bloomberg Source: Company, CIMB Research, Bloomberg
teeth53 ( Date: 13-Jan-2011 23:19) Posted:
|
Yangzijiang shipbuilding Holdings--Mkt cap 7.69 bil, PE - 18.14, EPS - 0.11 (source Yahoo finance)
| BS6 |
Yangzijiang |
CPF |
|
Open-2.040c |
Last done-2.050c |
+0.040c |
+2.0% |
Vol-50,037,000 |
STX OSV--Mkt Cap (n/a)
| MS7 |
STXOSV |
CPF |
|
Open-1.280c |
Last done-1.230c |
-0.040c |
-3.1% |
Vol-15,924,000 |
teeth53 thot--BBs trim sail to rechange again, Don sell yet, it going to be worth more then 123 |
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Missed at 1.15. No choice but to wait for opportunity or miss it completely.
wah lau. resilient stock. impressive :)
I think may be can wait to buy when the price is below $1.20..
I've some from 80-84cts bought during Korean tension and went in to accumulate more at $1.23,Besides CIMB also initiate coverage with T.P $1.60
O
UTPERFORM STX OSV S$1.15 @10/01/11
The whole nine yards
Offshore & Marine
Target: S$1.60
S
INGAPORE
SOH SP / STXO.SI
Yeo Zhi Bin +65 6210 8669 – zhibin.yeo@cimb.com
•
discount to 5-year rigbuilders’ mean). STX OSV is a designer and shipbuilder of
high-end, customised offshore support vessels. With nine shipyards in four countries,
it has exposure to global E&P spending. We see stock catalysts from higher-thanexpected
orders and results.
Initiate with Outperform and target price of S$1.60, based on 11x CY12 P/E (10%
•
and visibility, and a quality order book, we place STX OSV in a league above the rest
of the local OSV builders.
League above local OSV yards. With better capabilities, stronger earnings growth
•
OSVs under construction in Brazil. It currently has a second yard under development
in Brazil (operational in 2012/13) to tap Petrobras’ E&P ambitions. We project a 3-
year earnings CAGR of 34% on better execution and the recovery in the OSV subsector.
Booming Brazil. STX OSV has a 45% market share, in terms of the number of
•
local OSV builders’ 5-year trading average. We argue that closer comparables
should be rigbuilders, KepCorp and SMM, which are trading above their 5-year P/E
mean valuations. We believe that STX OSV, as the only other mid-cap investment
apart from Ezra, is the next most-valued proxy for the global E&P recovery.
Valuation-competency mismatch. The stock is trading at 8x CY12 P/E, in line with
Financial summary
FYE Dec 2008 2009 2010F 2011F 2012F
Revenue (NKr m) 11,370.0 11,895.0 11,079.6 12,869.2 13,930.6
EBITDA (NKr m) (201.0) 649.0 1,084.5 1,158.2 1,253.8
EBITDA margins (%) (1.8%) 5.5% 9.8% 9.0% 9.0%
Pretax profit (NKr m) (137.0) 161.0 1,253.0 973.7 1,100.6
Net profit (NKr m) (153.0) 96.0 805.5 641.6 770.4
EPS (S cts) (2.8) 1.8 14.7 11.7 14.1
EPS growth (%) (492.3%) 162.7% 739.0% (20.3%) 20.1%
P/E (x) nm 68.3 8.1 10.2 8.5
Core EPS (S cts) (7.3) 5.8 11.3 12.4 14.1
Core EPS growth (%) (1,025.6%) 180.2% 93.0% 9.9% 13.9%
Core P/E (x) nm 20.5 10.6 9.7 8.5
Gross DPS (S cts) 0.0 0.0 1.9 3.4 4.2
Dividend yield (%) 0.0% 0.0% 1.6% 2.8% 3.5%
P/BV (x) 8.2 6.5 3.1 2.4 2.0
ROE (%) (19.9%) 10.5% 51.2% 26.5% 25.6%
Net gearing (%) 685.5% 494.2% 113.0% 91.6% 72.6%
P/FCFE (x) 163.9 (145.7) 49.9 6.4 5.6
EV/EBITDA (x) (60.8) 17.9 8.2 7.8 7.1
CIMB/Consensus (x) N/A N/A N/A
Note: Per share data translated into listing currency at current fx spot rates, valuation methodology based on house forex forecasts
Source: Company, CIMB Research , Bloomberg
Price chart Market capitalisation & share price info
Market cap S$1,416m/US$1,094m
Share price perf. (%) 1M 3M 12M
12-mth price range S$1.20/S$0.79 Relative - - -
3-mth avg daily volume 14.0m Absolute - - -
# of shares (m) 1,180
Major shareholders % held
Est. free float (%) 21.0 STX Norway AS 68.3
Conv. secs (m) NA Morgan Stanley 5.8
Conv. price (NA) NA Leading Inv and Sec Co Ltd 4.9
0.8
0.9
1.0
1.1
1.2
1.3
Nov-10
0.7
0.00
0.10
0.20
0.30
0.40
0.50
0.60
0.70
Volume 100m (R.H.Scale) STX OSV
Source: Bloomberg Source: Company, CIMB Research, Bloomberg
teeth53 ( Date: 13-Jan-2011 23:19) Posted:
|
Yangzijiang shipbuilding Holdings--Mkt cap 7.69 bil, PE - 18.14, EPS - 0.11 (source Yahoo finance)
| BS6 |
Yangzijiang |
CPF |
|
Open-2.040c |
Last done-2.050c |
+0.040c |
+2.0% |
Vol-50,037,000 |
STX OSV--Mkt Cap (n/a)
| MS7 |
STXOSV |
CPF |
|
Open-1.280c |
Last done-1.230c |
-0.040c |
-3.1% |
Vol-15,924,000 |
teeth53 thot--BBs trim sail to rechange again, Don sell yet, it going to be worth more then 123
krisluke ( Date: 13-Jan-2011 11:29) Posted:
| Written by Dow Jones & Co, Inc |
| Thursday, 13 January 2011 10:04 |
Credit Suisse initiates coverage on STX OSV Holdings (MS7.SG) at Outperform with a $1.55 target. It says despite the stock’s 50% rally since listing in November, “there is still 30% upside as the cyclical recovery in demand for offshore support vessels strengthens going forward.”
The house expects momentum for OSVs to remain strong due to: improving charter rates in 2011, low orderbook/fleet ratio of less than 20% and attractive after-tax returns on newbuilds. “STX OSV should benefit significantly as the largest producer of high-end OSVs,” it says.
It notes strong order momentum should drive outperformance, while valuation and dividend yield are attractive. It says the stock is trading at 9.3X 2011E P/E vs Sembcorp Marine (S512.SG) which is trading at 17.6X and Keppel (BN4.SG) at 14.4X; its own target is based on 12.0X.
It also notes, the company’s 2011 dividend yield of 3.2% is one of the highest in the sector. |
|
|
|
not to worry yet, don't activate the panic button. spain bailout liao. YES !!
Yangzijiang shipbuilding Holdings--Mkt cap 7.69 bil, PE - 18.14, EPS - 0.11 (source Yahoo finance)
| BS6 |
Yangzijiang |
CPF |
|
Open-2.040c |
Last done-2.050c |
+0.040c |
+2.0% |
Vol-50,037,000 |
STX OSV--Mkt Cap (n/a)
| MS7 |
STXOSV |
CPF |
|
Open-1.280c |
Last done-1.230c |
-0.040c |
-3.1% |
Vol-15,924,000 |
teeth53 thot--BBs trim sail to rechange again, Don sell yet, it going to be worth more then 123
krisluke ( Date: 13-Jan-2011 11:29) Posted:
| Written by Dow Jones & Co, Inc |
| Thursday, 13 January 2011 10:04 |
Credit Suisse initiates coverage on STX OSV Holdings (MS7.SG) at Outperform with a $1.55 target. It says despite the stock’s 50% rally since listing in November, “there is still 30% upside as the cyclical recovery in demand for offshore support vessels strengthens going forward.”
The house expects momentum for OSVs to remain strong due to: improving charter rates in 2011, low orderbook/fleet ratio of less than 20% and attractive after-tax returns on newbuilds. “STX OSV should benefit significantly as the largest producer of high-end OSVs,” it says.
It notes strong order momentum should drive outperformance, while valuation and dividend yield are attractive. It says the stock is trading at 9.3X 2011E P/E vs Sembcorp Marine (S512.SG) which is trading at 17.6X and Keppel (BN4.SG) at 14.4X; its own target is based on 12.0X.
It also notes, the company’s 2011 dividend yield of 3.2% is one of the highest in the sector. |
|
| Written by Dow Jones & Co, Inc |
| Thursday, 13 January 2011 10:04 |
Credit Suisse initiates coverage on STX OSV Holdings (MS7.SG) at Outperform with a $1.55 target. It says despite the stock’s 50% rally since listing in November, “there is still 30% upside as the cyclical recovery in demand for offshore support vessels strengthens going forward.”
The house expects momentum for OSVs to remain strong due to: improving charter rates in 2011, low orderbook/fleet ratio of less than 20% and attractive after-tax returns on newbuilds. “STX OSV should benefit significantly as the largest producer of high-end OSVs,” it says.
It notes strong order momentum should drive outperformance, while valuation and dividend yield are attractive. It says the stock is trading at 9.3X 2011E P/E vs Sembcorp Marine (S512.SG) which is trading at 17.6X and Keppel (BN4.SG) at 14.4X; its own target is based on 12.0X.
It also notes, the company’s 2011 dividend yield of 3.2% is one of the highest in the sector.
Looks like some profit taking today.
CNY Ang Pao, 
$$$$$$, 3BBs. "San Ge Zhugeliang" 三个人的诸葛亮
Ya...Feb 15th and, watch 4th wk of Jan, 2011. Load up B4 missing tis boat again.
PE Ratio sounded very cheap liao when Feb result is announce. $TXO$V $$$ (3 BBs TP - $1.54c, $1.56c and $1.60c)
Closed on strong note - 17:05:03 last done-$1.270c Volume-1,194,000 million shr, she bot up (A)
Aday to congra...three BBs, as well as small retailers players who pick up on tis stock. 
teeth53 ( Date: 12-Jan-2011 11:34) Posted:
Hohoho...Solid opening. Load up B4 moving again. Cleaning up $1.24c
Load up B4 missing this boat...$TXO$V ........
10:18:26 1.235 772,000 X
10:18:04 1.235 1,243,000 X
10:17:52 1.235 2,001,000 X
Three BBs, Goldman Sach, DMG, and CIMB is interested to clean up old px and move to it target px $1.54c, $1.56c and to $1.60 cents
http://forum.channelnewsasia.com/viewtopic.php?p=4124765#4124765
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|
BBS is big, clearing at.......hohoho... :lol: $TX$OV.....B4 it move again.
11:30:57 1.240 1,000,000 B
11:30:27 1.240 1,400,000 B
teeth53 ( Date: 12-Jan-2011 11:34) Posted:
Hohoho...Solid opening. Load up B4 moving again. Cleaning up $1.24c
Load up B4 missing this boat...$TXO$V ........
10:18:26 1.235 772,000 X
10:18:04 1.235 1,243,000 X
10:17:52 1.235 2,001,000 X
Three BBs, Goldman Sach, DMG, and CIMB is interested to clean up old px and move to it target px $1.54c, $1.56c and to $1.60 cents
http://forum.channelnewsasia.com/viewtopic.php?p=4124765#4124765
|
|
Hohoho...Solid opening. Load up B4 moving again. Cleaning up $1.24c
Load up B4 missing this boat...$TXO$V ........
10:18:26 1.235 772,000 X
10:18:04 1.235 1,243,000 X
10:17:52 1.235 2,001,000 X
Three BBs, Goldman Sach, DMG, and CIMB is interested to clean up old px and move to it target px $1.54c, $1.56c and to $1.60 cents
http://forum.channelnewsasia.com/viewtopic.php?p=4124765#4124765
