
should hold.... fundamentally strong counter... 
 
yiming2000 ( Date: 28-Apr-2012 04:50) Posted:
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At this price, it is a bet at the price of the sale of the 51% stake...hence 50% chance it rises from here.....
Worse case will be the sale did not get through......
Looks like we are sinking. 1.59 now. I bought 20,000 shares at 1.73 to get the $2000 dividend and is losing $3000 right now.
All the dividends gone. Are you still clinging to the  baby, littleboi?
Ok guys, let's sink or swim together.
Agreed.
This counter is my darling baby... gonna store more if it dipped.
Upside for long term.
my dad bought a bunch and just enjoy the dividend )
any price dip in near term likeely cause by economic factor, but if u get the cash, going long is still a gd choice frm my pt of view :D
Thx starlene for updates. U are right, this one has great potential, when it jumps, wow, too fast to catch. This babe i hold tight tight!
25April i was at Fullerton Hotel for its AGM-1)Mgt is confident not terminating of contracts or do not take delivery for its vessels despite the turmoil and credit tightening there.
2) Future bright as more contracts expecting with shipyards at Vietnam and Brazil functioning
3) growth co with strong dividends( first yr 8% and last yr 10%) but why STX Europe want to sell instead of wait as their earlier saleof 20% amounting to 23,041mil at $1.33 each to Och-Ziff Holding ,a H.K investment fund has reap them great benefits as price has appreciated and they also entitled to the dividends ex today 26April.Th e investment fund is in for long haul too
4) Directors not worried about competition as they are specialised niche vessels builder
 
5)IPO proceeds Nok 0mil from 180,000,000 shares at 79cts in Oct 2010 and dividends to date given out 544NOK millions.Co has strong cash balances with 3064 NOK millions(verses 2851NOK  millions-  2010)
 
) 17mil shares granted to executive directors and employees on 9May 2011 with exercise price ranging from $1.20 to $1.60 still not exercisd yet...I believe they know co has not shown its full potential yet.
 
I believe share price will stay above $1.50,just keep more in your cpf and get good dividend yield better than FDs and % paid by cpf-just my 2 cts opinion
 
 
 
 
 
 
 
 
 
 
 
 
hope it dun turn out to be the way u say... hope will go uptrend...
jamesng ( Date: 26-Apr-2012 20:26) Posted:
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Watch this stock closely.....technically it looks like coming down....however, sale of the 51% stake at a price higher than current can make this stock climb higher for the short term....
but it may climb up to close the window...
 
jimywcm ( Date: 26-Apr-2012 17:22) Posted:
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The technical doesn't look promising. The drop due to ex dividend caused a break into the neck line of the head.
mmm! More downside to come? Hope it is not!
bishan22 ( Date: 26-Apr-2012 11:43) Posted:
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Its XD. Nothing to worry.  

yiming2000 ( Date: 26-Apr-2012 11:41) Posted:
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What happened to this stock? Why did it drop so much? 1.615 now.
gd time to go in...
 
rotijai ( Date: 26-Apr-2012 09:31) Posted:
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they just gave out 10 cents dividend..
sure drop la..
littleboi ( Date: 26-Apr-2012 09:20) Posted:
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WTH happen at the AGM?
Opening price 0.095 down!
AGM meeting finished... no good or bad... let hope tml things go through smoothly...
cheers...
 
I do agree that keppel and sembmarine are better than STX but comparatively, they are slightly different in terms of specialization. Thus each have their strengths and selling points.
Hope after today AGM at 10am there will be positive news about the sale and there should be a push. The price after 10am will be interesting.
jamesng ( Date: 24-Apr-2012 23:21) Posted:
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its time for the push!
 
jamesng ( Date: 24-Apr-2012 23:21) Posted:
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