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STXOSV

stx osv is good if you get it at 1 -1.20 range....at current price, it had priced in the sale of the stake at a higher price than current price......it is too risky to buy or hold at this price and it is not worth the risk...

Wonder the reason for such a high dividend? Can anyone enlighten???

 

I wish most investors think like rotijai, at least it will make it less volatile, without all the punters.
I think most senior after going thru a few economic downturn and crisis

Does this, some of the experienced/senior folks I know only trade once or twice a yr and that’s enough, they buy when blue chips dip and 1 or 2 trade yearly make enough money.
Rather than those camp infront of the trading platform every morning wanting to make quick bucks-indeed not much different from gambling for most people unless u are a trader and do this for a living.
I trade within my means, using cash, not CFD or contra, under such market volatility u’ll probably go broke rather than make money, most people thought they can read what the BBs are thinking but more often than not they are wrong.

*I’ve hold on to this counter for more than 6months, not too sure what’s a gd price to enter or whether I got it at a bargain. As I said previously, I like the biz this coy is doing. So the recent decline doesn’t really scare off investor like me.

Have a good day everyone, happy trading and hope all HUAT J

 

tglim74      ( Date: 08-May-2012 10:03) Posted: well said! =) rotijai      ( Date: 08-May-2012 09:41) Posted: what i am trying to remind you all is even if the fundamental is as solid as a moutain rock.. it doesnt mean tat the price tat you buy is a good price.. P/E ? NAV ? they are just tools to estimate.. if they are that reliable, noone will lose in stock markets my advice is.. 1) pick good fundamental stocks (i personally prefer blue chips - the 30 STI stocks... especially those bigger like kepcorp/sembs sry i dont keep this in my radar anymore, simply i think the price is not attractive anymore and it is a lot more volatile compared to last year and it has become like a gambling stock cause a lot of ppl trade it.... dont flame me in fact i was one of the first few who highlighted this stock back to last year Jan) 2) Buy/sell/trade/invest/bet/watever u call it (since ppl like to say they invest into stocks, but when they make $ they will sell within days/weeks.. which is not investment at all OR ppl like to say they trade stocks, but when they lose $ they will hold and say they invest long term.. no hurry to sell at a loss..) based on the price.. how to do that? think of what you will do in wet market.. a fish normally cost you $1, if the fishmonger asks for $1.5, will you buy? so how to know what's the normal price for a stock? look at the price (opening/midday/closing) daily and have a feel at it.. it's the same for buying fish in the market. If you dont go market often, you wont know a fish normally cost you $1 and you will really buy it at $1.5 and get conned. The same concept applies to stockmarket.. just stockmarket has one more element.. everyone gian gian to make $$ and overly confident that he wont be that " sui" aka unlucky.. cause if you think you are unlucky you wouldnt even be here at the first place just my 2 cents *i only trade occassionally nowadays i do invest, meaning keep the stocks for at least months.. but tat's mostly stocks that you all arent interested at al

 

Hi Yiming, click the  on your toolbar. cheers!!!


 

yiming2000      ( Date: 08-May-2012 10:38) Posted: Pepperginger - how did you insert your smiley?

 

Pepperginger - how did you insert your smiley?

 

Rotijai - good reply. We need more sifu advice like yours  straight from the heart with no bs.  

 

like 

rotijai      ( Date: 08-May-2012 09:41) Posted: what i am trying to remind you all is even if the fundamental is as solid as a moutain rock.. it doesnt mean tat the price tat you buy is a good price.. P/E ? NAV ? they are just tools to estimate.. if they are that reliable, noone will lose in stock markets my advice is.. 1) pick good fundamental stocks (i personally prefer blue chips - the 30 STI stocks... especially those bigger like kepcorp/sembs sry i dont keep this in my radar anymore, simply i think the price is not attractive anymore and it is a lot more volatile compared to last year and it has become like a gambling stock cause a lot of ppl trade it.... dont flame me in fact i was one of the first few who highlighted this stock back to last year Jan) 2) Buy/sell/trade/invest/bet/watever u call it (since ppl like to say they invest into stocks, but when they make $ they will sell within days/weeks.. which is not investment at all OR ppl like to say they trade stocks, but when they lose $ they will hold and say they invest long term.. no hurry to sell at a loss..) based on the price.. how to do that? think of what you will do in wet market.. a fish normally cost you $1, if the fishmonger asks for $1.5, will you buy? so how to know what's the normal price for a stock? look at the price (opening/midday/closing) daily and have a feel at it.. it's the same for buying fish in the market. If you dont go market often, you wont know a fish normally cost you $1 and you will really buy it at $1.5 and get conned. The same concept applies to stockmarket.. just stockmarket has one more element.. everyone gian gian to make $$ and overly confident that he wont be that " sui" aka unlucky.. cause if you think you are unlucky you wouldnt even be here at the first place just my 2 cents *i only trade occassionally nowadays i do invest, meaning keep the stocks for at least months.. but tat's mostly stocks that you all arent interested at all yiming2000      ( Date: 07-May-2012 23:05) Posted: It's 1.56 now. How do you think the market is playing the people

 

well said! =)

rotijai      ( Date: 08-May-2012 09:41) Posted: what i am trying to remind you all is even if the fundamental is as solid as a moutain rock.. it doesnt mean tat the price tat you buy is a good price.. P/E ? NAV ? they are just tools to estimate.. if they are that reliable, noone will lose in stock markets my advice is.. 1) pick good fundamental stocks (i personally prefer blue chips - the 30 STI stocks... especially those bigger like kepcorp/sembs sry i dont keep this in my radar anymore, simply i think the price is not attractive anymore and it is a lot more volatile compared to last year and it has become like a gambling stock cause a lot of ppl trade it.... dont flame me in fact i was one of the first few who highlighted this stock back to last year Jan) 2) Buy/sell/trade/invest/bet/watever u call it (since ppl like to say they invest into stocks, but when they make $ they will sell within days/weeks.. which is not investment at all OR ppl like to say they trade stocks, but when they lose $ they will hold and say they invest long term.. no hurry to sell at a loss..) based on the price.. how to do that? think of what you will do in wet market.. a fish normally cost you $1, if the fishmonger asks for $1.5, will you buy? so how to know what's the normal price for a stock? look at the price (opening/midday/closing) daily and have a feel at it.. it's the same for buying fish in the market. If you dont go market often, you wont know a fish normally cost you $1 and you will really buy it at $1.5 and get conned. The same concept applies to stockmarket.. just stockmarket has one more element.. everyone gian gian to make $$ and overly confident that he wont be that " sui" aka unlucky.. cause if you think you are unlucky you wouldnt even be here at the first place just my 2 cents *i only trade occassionally nowadays i do invest, meaning keep the stocks for at least months.. but tat's mostly stocks that you all arent interested at all yiming2000      ( Date: 07-May-2012 23:05) Posted: It's 1.56 now. How do you think the market is playing the people

 

what i am trying to remind you all is even if the fundamental is as solid as a moutain rock.. it doesnt mean tat the price tat you buy is a good price..

P/E ? NAV ? they are just tools to estimate.. if they are that reliable, noone will lose in stock markets

my advice is..

1) pick good fundamental stocks (i personally prefer blue chips - the 30 STI stocks... especially those bigger like kepcorp/sembs sry i dont keep this in my radar anymore, simply i think the price is not attractive anymore and it is a lot more volatile compared to last year and it has become like a gambling stock cause a lot of ppl trade it.... dont flame me in fact i was one of the first few who highlighted this stock back to last year Jan)

2) Buy/sell/trade/invest/bet/watever u call it (since ppl like to say they invest into stocks, but when they make $ they will sell within days/weeks.. which is not investment at all OR ppl like to say they trade stocks, but when they lose $ they will hold and say they invest long term.. no hurry to sell at a loss..) based on the price.. how to do that? think of what you will do in wet market.. a fish normally cost you $1, if the fishmonger asks for $1.5, will you buy? so how to know what's the normal price for a stock? look at the price (opening/midday/closing) daily and have a feel at it.. it's the same for buying fish in the market. If you dont go market often, you wont know a fish normally cost you $1 and you will really buy it at $1.5 and get conned. The same concept applies to stockmarket.. just stockmarket has one more element.. everyone gian gian to make $$ and overly confident that he wont be that " sui" aka unlucky.. cause if you think you are unlucky you wouldnt even be here at the first place

just my 2 cents

*i only trade occassionally nowadays i do invest, meaning keep the stocks for at least months.. but tat's mostly stocks that you all arent interested at all

yiming2000      ( Date: 07-May-2012 23:05) Posted: It's 1.56 now. How do you think the market is playing the people? rotijai      ( Date: 02-May-2012 11:27) Posted: i am just wondering... let's say.. just giving a scenario (no offence to all investors/traders who long).. if this stock drops 2-5 cents everyday for a month.. may be until 1.1-1.3+.. will u still trust the fundamental/potential of the company

 

Market is never that predictable, u can't expect a diagonal line graph, that's why it's called trend.
U'll never knw what the BB in this counter are up to, they might just be using economic data to flush out people.

Personally, the longer it stay in 1.6 range, the better, to form a base.

14th May we will withness whether fundamentally strong or not. :)

I'm still holding ^^

yiming2000      ( Date: 07-May-2012 23:05) Posted: It's 1.56 now. How do you think the market is playing the people? rotijai      ( Date: 02-May-2012 11:27) Posted: i am just wondering... let's say.. just giving a scenario (no offence to all investors/traders who long).. if this stock drops 2-5 cents everyday for a month.. may be until 1.1-1.3+.. will u still trust the fundamental/potential of the company

 

It's 1.56 now. How do you think the market is playing the people?

rotijai      ( Date: 02-May-2012 11:27) Posted: i am just wondering... let's say.. just giving a scenario (no offence to all investors/traders who long).. if this stock drops 2-5 cents everyday for a month.. may be until 1.1-1.3+.. will u still trust the fundamental/potential of the company? littleboi      ( Date: 02-May-2012 11:20) Posted: Thanks for pointing out! good point there. can i assume that  if the price can maintain at above 1.61 range, it show that there's still a bunch of investor out there believing in the potential of the comapny? The fundamental really does seem strong, anyone heard any news regarding takeover

 

Still holding baby?

littleboi      ( Date: 07-May-2012 18:50) Posted: Let's hope for some gd news after 14th May when result is realease.

 

sale is successful...sorry...mistake earlier

jamesng      ( Date: 07-May-2012 18:07) Posted: Personally, I will buy only after the sale is confirmed (provided it go through) as current price taken into account the sale is unsuccessful.....

 

Let's hope for some gd news after 14th May when result is realease.

 

Personally, I will buy only after the sale is confirmed (provided it go through) as current price taken into account the sale is unsuccessful.....

 

 

 

No hurry to buy now. Technicals are bearish. Oil prices also dropping! Wait for base formation.

tglim74      ( Date: 07-May-2012 12:37) Posted: Personally I think if the price drops below 1.57, it's a bargain. Hmmm, at least for today.

 

Personally I think if the price drops below 1.57, it's a bargain. Hmmm, at least for today.

 

Free fall today. Dont catch the falling knife. Good luck. 

 

I am wondering the reasons why they announced the intention of sale to the public before the sale is comfirmed. Then dividend is increased to 10 cents from  5 cents...........I doubt this kind of dividend can sustain?

Isn't it better to secure the sale before announce to the public.....wonder why???

tglim74      ( Date: 05-May-2012 01:17) Posted: As STX group gives people impression that they wanna get rid of their offshore companies, hence OSV may be sold below the market price. Guess this uncertainty hold big investors back. Think the price may only start to move (up or down) after the takeover details has been confirmed.

 

STX OSV: Strengthens Specialist Technology And Engineering Competence. STX OSV Holdings Limited is pleased to announce that it is strengthening its technology and engineering competence through two separate transactions. Seaonics AS, a subsidiary of STX OSV, is in the process of acquiring a shareholding interest in Castor Drilling Solution AS. Based in Kristiansand, Norway, CDS is a newly established company with specialist competence in offshore drilling technology. The investment is expected to give STX OSV new insight into this segment of the offshore market, and give opportunities for development of integrated solutions primarily related to the growing market of Offshore Subsea Construction Vessels. The... Full Story »

http://stxosv.listedcompany.com/newsroom/20120504_173437_MS7_8D91C26DBFE3C749482579F40027DAF4.1.pdf

 

Not sure this news will influence STXOSV to move up or sideline..Anyway you have a say..Just enjoy your holiday..  Happy Vesak Day! :)

 

Normally. companies released the news when sale is confirmed.....and this is getting very long.......