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S-chips is continuing with it momentum into year 2011, so selected S-chips may continue with it success by cross / dual listing, but pls do ur home work 1st (an understanding the value of investing)
Prospectus (managing risk & don get caught investing blindly, an understanding the value of investing).
Pricing (a key indicator on share price performance. PER-lower ratio the better it value the share price on offers).
Outlook IPO for 2010 and 2011 - Mostly volatile for most IPO float below it IPO-ed offer price, especially toward end of year 2010, with the exception of a few Institution funded backing up.
teeth53 thot - Rolling forward to 1st half year 2011.
There will be a better 1st half with the impending coming local election, as much of the worst financial environment has been contain in EU, while China will continue monitor it bubbling assets and may spring more of it Chinese currencies (Yuan) trillion kept in reserve. US will still print QE2 hot money to spend and in turn offset it ever none stopping increasing debt by US$75 billion monthly.
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It is bye bye to one dollars liao. STXOSV Ai Cheong....liao and soon coming to this screen .
Relax. Feel the Capricon effect next month Jan 2011, err....next week....
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Just info sharing, hapi reading...It is bye bye to one dollars liao. STXOSV Ai Cheong....liao
| STXOSV |
CPF |
|
1.130 |
1.140c |
+0.010c |
+0.9% |
vol-1,911,000 |
14,000 |
1.140 |
1.150 |
1,140,000 |
December 30, 2010 - 1:59PM
http://news.theage.com.au/breaking-news-world/brazils-petrobras-confirms-giant-oil-finds-20101230-19av5.html
Brazil's state-run Petrobras confirmed that oil fields recently discovered offshore contained 8.3 billion barrels of recoverable crude and gas -- and said the biggest field was being renamed "Lula."
teeth53 ( Date: 25-Dec-2010 14:22) Posted:
Brazil’s local content requirements and the advantages of being in the country. The Brazilian govt has instructed Petrobras to use domestic suppliers to help boost the nation’s industrial development and soon, another yard coming up, Brazil's
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(31-12-2010). Friday trading hours, 09:00 - 12:30pm)
| 52wk Range: |
0.79c - 1.18c |
STXOSV last done end on strong note, it closed off, $1.14c, with a 44.30% premium over it offer IPO price of 0.79c
| STXOSV |
CPF |
|
1.130 |
1.140c |
+0.010c |
+0.9% |
vol-1,911,000 |
14,000 |
1.140 |
1.150 |
1,140,000 |
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=;
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Just info sharing, hapi reading....
December 30, 2010 - 1:59PM
http://news.theage.com.au/breaking-news-world/brazils-petrobras-confirms-giant-oil-finds-20101230-19av5.html
Brazil's state-run Petrobras confirmed that oil fields recently discovered offshore contained 8.3 billion barrels of recoverable crude and gas -- and said the biggest field was being renamed "Lula."
teeth53 ( Date: 25-Dec-2010 14:22) Posted:
Brazil’s local content requirements and the advantages of being in the country. The Brazilian govt has instructed Petrobras to use domestic suppliers to help boost the nation’s industrial development and this another yard soon coming up in Brasil.
teeth53 ( Date: 06-Nov-2010 15:50) Posted:
The only draw back is, like any company offering ipo - for eg S-chip base. It has it pro and con.
This one is based, it Headquartered is in Norway (teeth53 thot - value added yard, sort of high product).
Norway: 1,650 employees
• 5 yards
Romania: 5,142 employees
• 2 yards
Brazil: 1,536 employees
• 1 yard
• 1 yard under development
Vietnam: 650 employees
• 1 yard, and
Singapore: 4 employees
• 1 sales office |
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Why companies going dual and or delist?. Players here is rather scare off by kiasu-ism
Its counterparts, HK, Korea are trade on average 12X PE. Dual listing is way to go, an exit strategy for xxx mkt for S-chips.
It's undeniable fact, our SGX mkt here is very kiasu-ism and are losing many potential IPOs to Taiwan, Korea, and HK.
When price disparity between the two listings are too great, it will make company eventually buy back and sell it.
A premium in the other bourses, ultimately dual and or delisting from here.
teeth53 thot - Making an attempt, is recent example is Amtek Engineering successful IPO ($1.30c).
next is GLP and MIT (both back up successful by GIC and Temasick), another recent success is STXOSV.
Year 2011 of rabbit might help lift it averaging PER higher, an understanding the value of investing (Amtek)
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DBSV Research recommendation
Expects a good start to 2011 due to strong liquidity inflows spurred by the strong SGD, a low interest rate environment and buoyant economic growth but uncertainties over inflation and interest rate hikes could surface towards 2H.
Our fundamental STI fair value is 3500 based on +0.5SD or 15.8x FY2011 earnings, which is not far above our trading objective of 3438. Among sector preferences are SembCorp Marine, Keppel Corp and Cosco Corp on the sustained recovery of orders for new rigs and production platforms
Offshore & Marine analysts sees the spurt in new orders since 4Q10 sustainable due to asset replacement triggered by stricter requirements for rigs vs. an aged rig fleet and from potential in new markets in drillships & wind farm vessels.
We prefer shipyards to offshore vessel owners. Picks are
Keppel Corp (TP: $12.50),
SembCorp Marine (TP: $6.0 and
Cosco Corp (TP: $2.76).
teeth53 thot - Just sharing info here. STXOSV a hidden gem.
Yesterday STXOSV (Mon) last done - $1.11c, today (Tues) last finished $1.12c
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Catalist-listed Jade Technologies Holdings has proposed changing its name to China Titanium.
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Expensive at $1.30c, expecting BBs to play up ?, when those BBs sell theirs during it offer px...humm.
In between expecting they themself taking profit 1st, then pump again and dump again after hitting new high.
After all, they bot at less then @1.11c - those stablizing mgr and theirs kakis.
Amtek Last Done:1.08 Vol:2465k  +0.01
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Ya...It is tough initially - it can still be manageable over those initial period 1 - 2 years (be prepare for volatile flexible income). A starter can reasonable earn some income from a low base of about a thousand to two/three thousand plus plus, even oneself is successful there after - have to slog through one man job, it's ur own business. In other words some may found success ($100k ++ to who know how much one can earn ?.), some may not be ($2k - 3k +)
More important is passion. communication and negotiating skill plus a senior (Remiser / Broker) around to see ur success during initial period. (collection of trade payment / debt / loan repayment).
If got one senior, might as well get 1st hand infomation from him / her, all about been a M.Trader.
A successful senior can get some assist from Securities house, but for starter...humm.
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http://www.bloomberg.com/apps/quote?ticker=SOH:SP
STX OSV Holdings Ltd. is a global shipbuilder of offshore support vessels ("OSV") used in the offshore oil and gas exploration and production and oil services industries. The Company's core business is design and construction of customized OSVs, including platform supply vessels ("PSV"), anchor handling tug supply vessels ("AHTS") and advanced offshore subsea construction vessels.
It world’s biggest maker of oil-rig support vessels by sales.
teeth53 thot - Does it sound like a penny or a counter worth more then a dollar or another dollar worth eventually.
| CoscoCorp |
CPF |
|
2.050 |
2.060 |
+0.010 |
+0.5 |
volume-1,182,000 |
teeth53 - Posted : 29-Mar-2007COSCO traded at $2.82 on S'pore bourses, that about 30x it PE Ratio. (estimated at that point in time)
| Yangzijiang |
CPF |
|
1.900 |
1.920 |
+0.020 |
+1.1 |
volume- 2,635,000 |
Above are just for sharing info, pls do your own observation and decision is base solely personnal.
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For a day trader, it's fine - no problem trading in huge volume (everyone can win or loss, it our own money).
As for mobile broker working from home, pending your Securities house quota (buy/sell total volume), plus house rules (Securities deposit) and get pay - mean there is commission and collection of debt whuch mean oneself can act on behalf for several of your clients, like your own relatives names or close family living in others location.
Win or loss, it your money that is doing the trading, if and when others do trade with U as mobile Broker. U have to manage their money and yours in proper way (don mix it to freely).
Asking oneself, am i that sharp, that focus, that accurate, that flexible, that hardwork, none greedy, very dicipline and not tame for, or growing accustom to live with greed.
Are U able to slog through one man job, it is your own business and can only success through hardwork and through a network of your clients.
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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=;
1) News--OSV order win announcements – we est 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 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.
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Offer, at the discretion of Goldman Sachs (S'pore), on TP set at 12 mths is $1.54c.
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.
teeth53 thot - A reasonable, good recommendation, for holding over mid to longer term, not short term, and since day one....I oredi said it is worth a dollar.
http://www.sharejunction.com/sharejunction/listMessage.htm?topicId=9164&recordCount=100
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Brazil’s local content requirements and the advantages of being in the country. The Brazilian govt has instructed Petrobras to use domestic suppliers to help boost the nation’s industrial development and this another yard soon coming up in Brasil.
teeth53 ( Date: 06-Nov-2010 15:50) Posted:
The only draw back is, like any company offering ipo - for eg S-chip base. It has it pro and con.
This one is based, it Headquartered is in Norway (teeth53 thot - value added yard, sort of high product).
Norway: 1,650 employees
• 5 yards
Romania: 5,142 employees
• 2 yards
Brazil: 1,536 employees
• 1 yard
• 1 yard under development
Vietnam: 650 employees
• 1 yard, and
Singapore: 4 employees
• 1 sales office |
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teeth53 thot - Share trading will always trade in advance ahead of result by at least 6 mths, good for mid term.
The shipbuilder may consider acquisitions or ventures, he said, without elaboration.
Rebounding oil prices have spurred investment in offshore vessels globally, helping Alesund, Norway-based STX OSV more than double orders this year. The company had won contracts worth 10.2 billion kroner ($1.7 billion) as of Oct. 5, compared with 4.46 billion kroner for the whole of last year. Its backlog reached 17.5 billion kroner, or about 18 months’ work.
Old news from.......................The KOREAN herald....Nov 2010.
Petrobras plans to spend $224 billion in the five years through 2014 to boost output and refining capacity, including buying drill-ships, semi-submersibles and offshore support vessels. The Rio de Janeiro-based company said it will revise its investment plan next year to include new oil reserves it bought from the government as part of a $70 billion successful share sale.
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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///
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Chart shown it run up, Seller took profit / buyer holding on this baby - 022c to as low as 0.13c.
Bot or changed hands in huge volume at 0.22c (Aug 10, 2010)
Bot or changed hands in huge volume at 0.18c (Aug 18, 2010)
Bot or changed hands in huge volume at 0.17c (Aug 31, 2010)
Bot or changed hands in huge volume at 0.18c (Sep 14, 2010)
Bot or changed hands in huge volume at 0.17/17.5c (Sep 26-27, 2010) and most recently
taking profit at a low of 0.16c. Bot or changed hands in huge volume at 0.16c (Nov 2, 2010)
epliew ( Date: 25-Dec-2010 00:12) Posted:
teeth53 ( Date: 24-Dec-2010 22:59) Posted:
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Been a Remisier / Broker will have to be on top of this game calling, what it is call....Err.. maybe as new starter, oneself if possible, get a mentor or senior Remisier or broker to help and or assist u for a year or two years.
Is just like running errant for him/her (Likely is your BBs supporter wanted you and wish u some success) or those smaller retailer players can be pass over to you whereby you will know how to run around with all trader pro and con of been a Remisier / Broker, after that U be on your own liao.
Asking oneself, am i that sharp, that focus, that accurate, that flexible, that hardwork, none greedy, very dicipline and not tame for, or growing accustom to live with greed.
There's many success and as many unsuccessful, ask - Are U able to slog through one man job, it is your own business and can only success through hardwork and through a network of your clients.
A typical successful Remisier may need at least 5 -10 years to be successful growing it clients base in between high risk debt ratio collecting debt in million in loss trade and able to negotiate in between clients and your Securities house.
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Been a Remisier will have to responsiable for debt collection and to make pple's payup, make your clients bankrupt at the last resort, pay for your own securities deposit and rental of eqiupments from Securities houses, find your own customers, 12hours, sometime more then 12 hours working times, no sales and or no trade also no commission, no money.
Tough life for a start, can made it big or not ?, unless oneself is d next chosen Remisier amony d many.
Heard they (SGX) also wanted to considering, implementing trading even during lunch hours, oneself have to bear in mind. Noted lunch hours - 12:30 stop trading and it start trading again at 14:00:00
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