Post Reply
5241-5260 of 5364
wah seh. so impressive hor. Ok , monday, i start my buy queue : )
wish me good luck in long term,,, all sifus here : )
This chart will further compliment....2012 result STXOSV offshore Subsea construction vessels into yr 2011.
http://sg.finance.yahoo.com/echarts?s=MS7.SI#symbol=ms7.si;range=3m;compare=;indicator=volume;charttype=area;crosshair=on;ohlcvalues=0;logscale=off;source=;
bsiong ( Date: 17-Dec-2010 09:41) Posted:
STX OSV Holdings Limited (STX) announced this morning that it has secured a new contract for the design and construction of an Offshore Subsea Construction Vessel (OSCV) for an undisclosed international customer. The value of the contract is about NOK600m. The tentative delivery date from STX would be in 2012. We expect the news to add positively to the recent rally of the stock in the next few weeks.
/cimb/
/icomeireadishare///
|
|
大鱼在收票..
BB COLLECTING AFTER PUSHING PRICE DOWN.
DON'T SELL..............
ONE OIL PRICE RISES TO $150++
OIL AND GAS STOCKS WILL CHEONG LIKE LAST RECOVERY ...........................................
EVERYONE WILL ASK FOR OILA ND GAS STOCKS ................
Will oil price break above the $100 mark ?. The Co looks 'cheap' based on the FY2010 projected PE Ratio.
After asuming a fair value range of 10-12x and the asuming fair value trading between $1.96 to two dollars plus, plus. 12-mths target price implies a 2011E P/E of 11X, which is in line with its industry peer grp.
The peers such as Cosco, Yangzijiang and Otto Marine are trading at much higher multiples, especially Cosco.
Goldman Sachs also recommends BUY with Target Price of $1.54
teeth53 thot - A reasonable, good recommendation, for holding over mid to longer term, not short term.
enghou ( Date: 15-Dec-2010 16:54) Posted:
Goldman Sachs recommends BUY with Target Price of $1.54
Source of opportunity
Backed by an R&D and geographical edge, we not only believe that STX
OSV will maintain its leading OSV newbuild 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 been listed, we do not
think investors fully appreciate STX OSV’s strong business outlook – a
leading OSV shipbuilder in Brazil and for global high-end OSVs, and solid
execution improvement – which should result in strong earnings growth.
We initiate coverage on STX OSV with a Buy (on our Conviction Buy List),
with a 12-month target price of S$1.54, implying 51% upside potential.
Catalyst
(1) More new OSV order win announcements – we estimate NOK10.6bn in
2011E, and NOK14.8bn in 2012E, respectively; (2) earnings results – our
estimates assume STX OSV will deliver 3-year 2009-2012E core earnings
CAGR of 20%, driven by strong new order wins, and solid execution and;
(3) investor awareness of STX OSV’s attractive valuation vs. sector
proxies, Keppel and Sembcorp Marine.
Valuation
Given we expect an upturn in OSV newbuilds, we value STX OSV using a
mid-cycle 2011E P/B of 2.9X to set our 12-month target price. We crosscheck
our target price against the company’s industry peer group and
apply our regression analysis based on P/B-ROE and Director’s Cut
methodology. Our 12-month target price implies a 2011E P/E of 11X, which
is in line with its industry peer group.
Key risks
Key risks to our target price and investment view include: (1) Slow OSV
newbuild orders, given significant current global order backlog and still
tight newbuild financing; and (2) poor execution, which could result in
major cost overruns, or delivery delays.
You have a nice day |
|
this one i belif still got great potential onli thing is needto hold kuat kuat...if you buy a few ni you can hold long you think?
listen to the other experts here though...they are more informed than me.
i hope it starts to huat tomorrow on..
blueheat ( Date: 23-Dec-2010 16:26) Posted:
can make it one or not? if can i dun mind hold...
tea444u ( Date: 23-Dec-2010 16:21) Posted:
wah seh...i sold mine already...i cannot tahan see the price down ni too close to my buy price...i am sorry you still holding?
|
|
|
|
It's a new stock and with no negative news assosciate with its fundamental, probably worthwhile to give it sometimes to realize its full potential. Ship building counter usually have a P/E between 12-20, perhaps leverage up if have spare cash.
ANYTIME BB WILL GRAB ALL THE STOCK AFTER PUSHING DOWN TO 1.03 TO 1.06 .......................
A STRATEGY BY BB PROBABLY ..........................................
pull and pull.. wa lau.. don't tell me the counter want to back to square one.
STX OSV takes full control of Vietnam subsidiary
The news: STX OSV has entered into an agreement to acquire a 30% stake in STX OSV
Singapore Pte Ltd (STX Singapore) from Amanda Shipyards Pte Ltd for ~S$6.6m, raising its
shareholding to 100%. The transaction is expected to be completed by year end 2010. The
acquisition will cede full control of STX Singapore to STX OSV and enables STX OSV to further
develop the entities in Singapore and Vietnam.
Our thoughts: The acquisition size of S$6.6m falls under the budgeted amount of S$14.6m for
potential acquisitions in emerging market. The other major use of the net proceeds from IPO will be
improvement in manufacturing capacity of equipment at the Vung Tau (Vietnam) and Tulcea
(Romania) yards. The amount slated for capacity improvement is S$51.1m. As STX Singapore
wholly owns the Vietnam yard, STX OSV will gain full control of the Vietnam yard at the completion
of this acquisition. At S$1.13, STX OSV is trading at 8.3x Bloomberg consensus FY11F PATMI. We
do not have a rating on this counter.
DMG&Partner Securities
can make it one or not? if can i dun mind hold...
tea444u ( Date: 23-Dec-2010 16:21) Posted:
wah seh...i sold mine already...i cannot tahan see the price down ni too close to my buy price...i am sorry you still holding?
|
|
wah seh...i sold mine already...i cannot tahan see the price down ni too close to my buy price...i am sorry you still holding?
wa lao this one what shld i do with it? making losses now... advice pls from pros...
| STXOSV |
CPF |
|
1.140 |
1.130 |
+0.020 |
+1.8 |
vol-5,315,000 |
713,000 |
1.120 |
1.130 |
534,000 |
May just touch base with it opening px of
$1.14c or more this afternoon trading, where yesterday closed 1ct lower then it opening px of $1.12c (yesterday - below it BBs expectation).
Will today closing be up to BBs expectation...Let see.
teeth53 thot - As it's
still just at it initial offer top of it range of $1.13c TP. Current px seem a little within BBs (IPO-ing) offering....so eventually IPO-ing BBs will pump it up when time suit them, a matter of coming soon.
| STXOSV |
CPF |
|
1.140 |
1.130 |
+0.020 |
+1.8 |
vol-5,797,000 |
110,000 |
1.130 |
1.140 |
1,032,000 |
STX OSV Holdings Limited (STX) announced this morning that it has secured a new contract for the design and construction of an Offshore Subsea Construction Vessel (OSCV) for an undisclosed international customer. The value of the contract is about NOK600m. The tentative delivery date from STX would be in 2012. We expect the news to add positively to the recent rally of the stock in the next few weeks.
/cimb/
/icomeireadishare///
Opening at $1.14c/$1.15c trade, changed hands at, Some lucky buy at $1.13c, likely good news going long.
good news flowing in ... ...
i think so too. can hold on to it. me holding to it.
tea444u ( Date: 16-Dec-2010 17:24) Posted:
| so blueheat you want to keep how long? i am thinking i want to keep mine for long...look like this one really got potential... |
|
so blueheat you want to keep how long? i am thinking i want to keep mine for long...look like this one really got potential...
Today finishing at $1.110c, below it BBs expectation, B4 9am opening px of $1.120c. 2moro Friday liao.
teeth53 thot - 1st Q -lucky few, many took to buy opportunities, profit taking & chasing after new high
