STX OSV: Could see positive sentimenets as it announced contracts for 4 PSVS valued at above NOK 1b. Orderwin brings YTD orderwins to an approximate NOK 6.3b orders, vs FY10 of Nok12.5b. However we note that Grp still have not record contracts for 8 LPG carriers worth US$1.2b (Nok 2.8b), expected to be made effective by end 3Q11 or 4Q11.
We note that grp also has guidance for Ebitda margins to remain above 15% and for FY11 rev to remain ard Nok11-12b. Orderbook at approximately Nok16b underpins earnings visibility till 2013.

funny stock
The last round i picked up was at 0.80 plus. This time it may show hand again. Good luck.  

krisluke ( Date: 01-Nov-2011 20:04) Posted:
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STX OSV: Goldman Maintains Buy with $1.65 TP. Note that following news that the STX group may look to exit its 51% STX OSV stake to repay debt, grp shares have underperformed the Singapore index/sector by 8%/12% since 20 Oct.
While the mkt sees this as a share price overhang, house believe valuations are compelling enough for investors to add to STX OSV positions (6.5X 2012E P/E against 12.1X sector average), and expect new orders to accelerate over the next 12 mths and drive share price.
 
Got to act fast tmr morning...the moment it gaps down. FAST!
Summers3 ( Date: 01-Nov-2011 18:20) Posted:
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Oops, will try to get out without any blood tomorrow.
alexchia01 ( Date: 01-Nov-2011 17:32) Posted: |
Came back from medical appt this evening, lucky did not click to action this morning. This week may see more downside. Wait for chance to jump in. Good luck.  

bishan22 ( Date: 01-Nov-2011 10:24) Posted:
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Arigato Gozaimas....STX is a volatile counter....regardless of good news or bad news....it can just jump and commit suicide and can still act like nothing happen the next day...Day trader if play this counter must put their mouse cursor always ready to click sell or buy...

susan66 ( Date: 01-Nov-2011 17:23) Posted: |
should not have brought this counter. 
History already shown, it climb bit by bit, but fall in big leaps.
Summers3 ( Date: 01-Nov-2011 17:00) Posted: |
You are the luckiest guy here while others are fainting, fast in fast out is the game now. Congrats! 

Joe2020 ( Date: 01-Nov-2011 10:25) Posted:
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STX captain received telex to cancell goinbgt North...instead to go south ....LOL
Looks like the STX ship wants to dock for a while before resuming journey North.
Will watch overall market too, seems a bit choppy.
1.105 typo
fonz84 ( Date: 01-Nov-2011 10:28) Posted:
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Will wait for good sentiment to settle first before buying. If you are in a hurry, yes, this is a good stock, CAH delisting offer to be 'attractive', INDOFOOD AGRI target lowered, STX OSV 'cheap'
you married deal at 1.1?
Testing market this morning  bought 20 lots this morning at 1.100 sold at 1.130 yeah yeah....can go drink already for today
Last chance to grab before it fly off again. Good Luck. 

Strong support resisting market sell off.
Contract announcements recently must have helped.
 
I am looking to load this one. 
today maybe got chance., but i will wait a few more days,
the so call post euro debt crises meeting is wearing out.