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ethanetoh
    12-Mar-2013 13:18  
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Don't need think so much, jus follow the board recommendation, unless you are playing using milk powder money haha
 
 
srichipan
    12-Mar-2013 13:10  
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Out of curiousity, what happen if a stock get delisted?
 
 
Octavia
    12-Mar-2013 13:03  
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dont forget the oil and gas sector are not doing well so far this year...oil px is low and there is no catalyst to excite this sector hence there is a reason why the offer px is as such.
 

 
darkknight
    12-Mar-2013 12:57  
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Result  should be posted on the same day as closure date unless it is very close to 90%. At current price of $1.225, it is like betting $0.005  loss for $0.10 gain  if we compared that to Jaya Holding, which the price rebound 20% after a NG on the low ball offer back in 2011 April.  

We will know soon.
 
 
luvkarena
    12-Mar-2013 12:50  
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I don't think so. It should be quite fast to know the result.

s100125      ( Date: 12-Mar-2013 12:39) Posted:



will  it be suspended until further notice  after  offer closed?.

  be careful if that happen.

luvkarena      ( Date: 12-Mar-2013 12:17) Posted:



In the most likely scenario on Thurs, STX OSV announce continuing listing and OZ fund has sold all the shares to  ficantieri.... The share will skyrocket again.... lolx....

 

Lets see...  


 
 
darkknight
    12-Mar-2013 12:39  
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OZ sold their share in open market though, Ficantieri cannot acquire share outside of the mandatory cash offer on a selected basis.

luvkarena      ( Date: 12-Mar-2013 12:17) Posted:



In the most likely scenario on Thurs, STX OSV announce continuing listing and OZ fund has sold all the shares to  ficantieri.... The share will skyrocket again.... lolx....

 

Lets see...  

 

 
s100125
    12-Mar-2013 12:39  
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will  it be suspended until further notice  after  offer closed?.

  be careful if that happen.

luvkarena      ( Date: 12-Mar-2013 12:17) Posted:



In the most likely scenario on Thurs, STX OSV announce continuing listing and OZ fund has sold all the shares to  ficantieri.... The share will skyrocket again.... lolx....

 

Lets see...  

 
 
sriramanv
    12-Mar-2013 12:32  
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" You can choose not to take up the offer and your positions on STX OSV Holdings will be unaffected. However,  please be informed that if you still hold the positions when  the market get delisted, all position would be closed at null (0 price)."

The above was sent by my CFD provider today. 

Not sure what does mean by null price? He is not providing any further clarifications on this.

Any advise?
 
 
eurekaw
    12-Mar-2013 12:17  
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There is nothing to buy if price is not pushed up about $1.34 / 1.35...Why insist of hoping?


eurekaw      ( Date: 27-Feb-2013 12:39) Posted:

That was my previous message.

eurekaw      ( Date: 20-Feb-2013 15:28) Posted:

Price has to stay above $1.35 with good volume to break the downtrend since last sept. So far kissed $1.34 and down again..let see what the market reallywants it up or just to absorb retailers. Trade with care.


 
 
luvkarena
    12-Mar-2013 12:17  
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In the most likely scenario on Thurs, STX OSV announce continuing listing and OZ fund has sold all the shares to  ficantieri.... The share will skyrocket again.... lolx....

 

Lets see...  
 

 
Chewbecca
    12-Mar-2013 12:12  
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Agree

Chewbecca      ( Date: 12-Mar-2013 12:11) Posted:

Afree

luvkarena      ( Date: 12-Mar-2013 12:06) Posted:

Yesterday OZ has sold 5 million shares (out of 9 million trade done yesterday). That's why the share price plunged. It's more likely that they will sell all the shares higher than $1.22 and sell the remaining to ficantieri. Wednesday price will be most likely closed to $1.22....


 
 
Chewbecca
    12-Mar-2013 12:11  
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Afree

luvkarena      ( Date: 12-Mar-2013 12:06) Posted:

Yesterday OZ has sold 5 million shares (out of 9 million trade done yesterday). That's why the share price plunged. It's more likely that they will sell all the shares higher than $1.22 and sell the remaining to ficantieri. Wednesday price will be most likely closed to $1.22....

 
 
rotijai
    12-Mar-2013 12:10  
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this stock is being jinxed by oz..

go buy from them if u wan and think that it will fly..

just my opinion..

this stock is screwed until we have a clear direction whether it will be privatised or not.
 
 
luvkarena
    12-Mar-2013 12:06  
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Yesterday OZ has sold 5 million shares (out of 9 million trade done yesterday). That's why the share price plunged. It's more likely that they will sell all the shares higher than $1.22 and sell the remaining to ficantieri. Wednesday price will be most likely closed to $1.22....
 
 
yokoosi
    12-Mar-2013 09:53  
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Go for long. Infact, the Dow is at all time high and market may go into corrections in the near term. When that happens, irrational panic takes place and it may go below 1.22 due to market force not because of fundamental. Important is to play with your own money and able to hold or take lost.

Huat Ah !
 

 
GorgeousOng
    12-Mar-2013 09:20  
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Sorry...last=loss

GorgeousOng      ( Date: 12-Mar-2013 09:16) Posted:

Sifu, I already fall in love with her, no choice has to follow up with her. I am prepare to loss 20k at this time.:((
Last one sampan!!!:((

iPunter      ( Date: 12-Mar-2013 07:34) Posted:



Since I got out @130 and 1.31, I have not played this counter, though I have considered entering again @1.24.

Lucikily I didn't, since it dropped to 1.235 yesterday.

@Gorgeous: Why create so much unnecessary problems for oneself playing this counter, when there are so many other counters to bet on?


 
 
luvkarena
    12-Mar-2013 09:18  
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Let's wait and see on Thurs. I think the trend will reverse....Let's pray....lolx...
 
 
GorgeousOng
    12-Mar-2013 09:16  
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Sifu, I already fall in love with her, no choice has to follow up with her. I am prepare to loss 20k at this time.:((
Last one sampan!!!:((

iPunter      ( Date: 12-Mar-2013 07:34) Posted:



Since I got out @130 and 1.31, I have not played this counter, though I have considered entering again @1.24.

Lucikily I didn't, since it dropped to 1.235 yesterday.

@Gorgeous: Why create so much unnecessary problems for oneself playing this counter, when there are so many other counters to bet on?


GorgeousOng      ( Date: 12-Mar-2013 06:44) Posted:

iPunter, you have more experience, can help to explain? Pls enlighten me. Thank you


 
 
ethanetoh
    12-Mar-2013 09:04  
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iPunter is right. But those who wanted to get out at a much higher price than 1.22 (before the offer expire) has already done so. The remaining ones are betting against the GO succeeding and the upsides  are huge, so why not?   

iPunter      ( Date: 12-Mar-2013 07:34) Posted:



Since I got out @130 and 1.31, I have not played this counter, though I have considered entering again @1.24.

Lucikily I didn't, since it dropped to 1.235 yesterday.

@Gorgeous: Why create so much unnecessary problems for oneself playing this counter, when there are so many other counters to bet on?


GorgeousOng      ( Date: 12-Mar-2013 06:44) Posted:

iPunter, you have more experience, can help to explain? Pls enlighten me. Thank you


 
 
iPunter
    12-Mar-2013 07:34  
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Since I got out @130 and 1.31, I have not played this counter, though I have considered entering again @1.24.

Lucikily I didn't, since it dropped to 1.235 yesterday.

@Gorgeous: Why create so much unnecessary problems for oneself playing this counter, when there are so many other counters to bet on?


GorgeousOng      ( Date: 12-Mar-2013 06:44) Posted:

iPunter, you have more experience, can help to explain? Pls enlighten me. Thank you!

CWC2929      ( Date: 12-Mar-2013 01:37) Posted:

funny.......who shorted Stxosv !!!!?????...........(620 lots)................Smiley


 
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