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STXOSV

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)................

 

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

 

I just checked with my advisor, the company can not offer below 1.22

darkknight      ( Date: 11-Mar-2013 20:27) Posted: I think under SGX rule there is a one year black out before the same company can initiate another take over  if the mandatory cash offer fail the first round, any price adjustment has to announce before the closure date in this case. Chewbecca      ( Date: 11-Mar-2013 20:01) Posted: You mean it's not guaranteed after the expiry of offer on wed.

 

I think under SGX rule there is a one year black out before the same company can initiate another take over  if the mandatory cash offer fail the first round, any price adjustment has to announce before the closure date in this case.

Chewbecca      ( Date: 11-Mar-2013 20:01) Posted: You mean it's not guaranteed after the expiry of offer on wed. iPunter      ( Date: 11-Mar-2013 18:52) Posted: 1.22 is not a guaranteed price by the new company... For what you know the new company may not even offer that price again, since they have already offered a good price (1.22),  which the original owners were happy to sell to them. It may be in their interest to offer even a lower price...

 

You mean it's not guaranteed after the expiry of offer on wed.

iPunter      ( Date: 11-Mar-2013 18:52) Posted: 1.22 is not a guaranteed price by the new company... For what you know the new company may not even offer that price again, since they have already offered a good price (1.22),  which the original owners were happy to sell to them. It may be in their interest to offer even a lower price... yokoosi      ( Date: 11-Mar-2013 15:14) Posted: If you have already factored in the worst case of 1.22, than no worries. Calculated Risk is different from Gambling.

 

1.22 is not a guaranteed price by the new company...

For what you know the new company may not even offer that price again,

since they have already offered a good price (1.22),  which the original owners

were happy to sell to them. It may be in their interest to offer even a lower price...

yokoosi      ( Date: 11-Mar-2013 15:14) Posted: If you have already factored in the worst case of 1.22, than no worries. Calculated Risk is different from Gambling.

 

Agreed. When it comes to gambling, the odds are against you.

When it comes to investing, we can improve the odds by accumulating knowledge so that we are able to form a view of our own and got the guts to stick to it when there is noise in the market. From my experience, fundamentals will eventually prevail in the long term. However, in the short term, it is really like betting cos you never know when the big players suddenly decide to buy or sell.


My bet is that the GO will not go through and the Italians will not even come close to reaching 90%. I may be wrong, but considering all the factors, it has a very favorable risk-adjusted return.

yokoosi      ( Date: 11-Mar-2013 15:14) Posted: If you have already factored in the worst case of 1.22, than no worries. Calculated Risk is different from Gambling.

 

Date	Open Price	Target Price	Upside/Downside	Price Call	Source	News
28/02/2013	1.305	1.82	+0.515 (39.46%)	BUY	MacQuarie
27/02/2013	1.27	1.82	+0.55 (43.31%)	BUY	OSK
27/02/2013	1.27	1.52	+0.25 (19.69%)	BUY	OCBC
27/02/2013	1.27	1.38	+0.11 (8.66%)	HOLD	CIMB
15/02/2013	1.265	1.52	+0.255 (20.16%)	BUY	OCBC
24/12/2012	1.305	1.47	+0.165 (12.64%)	HOLD	CIMB
21/12/2012	1.30	2.05	+0.75 (57.69%)	BUY	OSK-DMG
21/12/2012	1.30	2.05	+0.75 (57.69%)	BUY	OSK
21/12/2012	1.30	1.69	+0.39 (30.00%)	BUY	OCBC
21/12/2012	1.30	1.47	+0.17 (13.08%)	BUY	CIMB
12/12/2012	1.45	2.00	+0.55 (37.93%)	BUY	DBS Vickers
29/11/2012	1.355	2.16	+0.805 (59.41%)	BUY	Kim Eng
23/11/2012	1.38	1.70	+0.32 (23.19%)	BUY	Citigroup
15/11/2012	1.425	1.69	+0.265 (18.60%)	BUY	OCBC
15/11/2012	1.425	2.00	+0.575 (40.35%)	BUY	DBS Vickers
15/11/2012	1.425	1.47	+0.045 (3.16%)	HOLD	CIMB
17/10/2012	1.595	2.10	+0.505 (31.66%)	BUY	DBS Vickers
11/10/2012	1.58	2.02	+0.44 (27.85%)	BUY	OSK
11/10/2012	1.58	2.00	+0.42 (26.58%)	BUY	OCBC
05/10/2012	1.615	2.00	+0.385 (23.84%)	BUY	OCBC
03/10/2012	1.605	2.20	+0.595 (37.07%)	BUY	OSK
03/10/2012	1.605	2.00	+0.395 (24.61%)	BUY	OCBC
03/10/2012	1.605	2.00	+0.395 (24.61%)	BUY	DBS Vickers

 

If you have already factored in the worst case of 1.22, than no worries. Calculated Risk is different from Gambling.

 

I know Stomer has good intention.:))

darkknight      ( Date: 11-Mar-2013 09:05) Posted: looking at his previous posts, i think he is advising to trade within our means, don't blindly follow other's rallying buy call. GorgeousOng      ( Date: 11-Mar-2013 08:41) Posted: I find that the "Stomer" very kacau...throw one statement here n disappear.... I am waiting for him to post...may be he is mauing now? Who knows???? Hahaaaa

 

Sayonara liao...

 

Breakdown!!!! wtf....

 

Best case they sell all at 1.22. Don't want them selling in market after 1.22 offer expires

luvkarena      ( Date: 11-Mar-2013 13:04) Posted: From today's dealing disclosure by OZ fund, they only sold 60 lots of shares on last Friday. This is an encouraging sign that they slowed down their selling. Is it because the price is too low to sell?

 

From today's dealing disclosure by OZ fund, they only sold 60 lots of shares on last Friday. This is an encouraging sign that they slowed down their selling. Is it because the price is too low to sell?

 

Monthly chart shown bottoming & weekly chart shown descending triangle with the strong support at 1.24. Once breakout from the descending triangle then upside prevails.

Keep fringers crossed. 

 

Hopefully oz sells all its remaining stake at 1.22 which I think they will

 

We'll know in 2 days time. Huat Ah !

 

I think the price will go up further after wed announcement. It might be at least $1.335 then. and hopefully it go up further from then. lolx...

I have accumulated since Friday. Hopefully can make few thousands out of this trade... 

 

not vested

stxosv parent abandoned child, weak parent cos the price of this one sell like garbage.

now adopted parent takes over, debt problem no more, price din chiong becos ppl worried if buy-out succeed then it will be 1.22

however if fails then this child will present it true value to the market....then it will probably revalue by institutes 

 

looking at his previous posts, i think he is advising to trade within our means, don't blindly follow other's rallying buy call.

GorgeousOng      ( Date: 11-Mar-2013 08:41) Posted: I find that the "Stomer" very kacau...throw one statement here n disappear.... I am waiting for him to post...may be he is mauing now? Who knows???? Hahaaaa! iPunter      ( Date: 11-Mar-2013 08:21) Posted: No need to be " kan jiong" ... Stocks is all betting...   If you have bought, it will either go up or go down...       No amount of views or comments will change the direction.           At the casino would anyone be asking for others' views?