
weak sia.....
short and cover by 1.06 ?
dc16888 ( Date: 19-Sep-2011 09:31) Posted:
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CIMB Research cut its share-price target for Singapore-listed shipbuilder STX OSV (STXO.SI) to $1.85 from $1.89, but kept its “outperform” rating.
CIMB cut its earnings estimates for STX for 2012-2013 by 2-10% as it lowered its expectations for the firm’s orders by 20-23%, citing worries of a liquidity crunch in the global financial system.
CIMB cut its earnings estimates for STX for 2012-2013 by 2-10% as it lowered its expectations for the firm’s orders by 20-23%, citing worries of a liquidity crunch in the global financial system.
The brokerage said it expects STX OSV to win orders worth 10 billion Norwegian crowns in 2012 and 12 billion Norwegian crowns in 2013.
 
However, CIMB expects STX OSV to see minimal order cancellations, given its quality clientele and track record of having no order cancellations so far.
 
At 9:29 a.m., shares of STX OSV were 5.3% lower at $1.165. They have gained 1.8% since the start of the year.
with Europe debt issues hanging at the thread...likely Europe will pull out its fund from Asia to meet the $$ issue back home...this burger likely will drop even lower :P
teeth53 ( Date: 19-Sep-2011 10:18) Posted:
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Shortists shot down and now resistant turn support.....after an hours of trading.
STXOSV | CPF | Op-1.205 | Last done-1.165 | -0.065 | -5.3% | Vol-11,667,000 | 199,000 | 1.160 | 1.165 | 140,000 | Hi-1.205 | Lo-1.140 |
nickyng ( Date: 19-Sep-2011 09:45) Posted:
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WOw!! hit 1.14 this morning!! Gosh! looking the way it is now...it may jolly well touch < 1.10 !! and perhaps $1 is NOT A DREAM afterall !! :P gd luck to those vested! :D
It should join the $1 gang pretty soon.
LOL 
teeth53 ( Date: 19-Sep-2011 09:14) Posted:
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is there any possibility tobuy at 0.78-0.76 when we first time long this counter  ?
http://www.tradestockdiary.blogspot.com
http://www,holistichealingnatural.blogspot.com
Bingo...Resistant turn support $1.165. 
STXOSV | CPF | Op-1.205 | Cls-1.165 | -0.065c | -5.3% | Vol-3,207,000 | 453,000 | 1.160 | 1.165 | 395,000 | Hi-1.205 | Lo-1.160 |
xing78 ( Date: 19-Sep-2011 09:06) Posted:
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大 势 已 去 !
Good Luck :p 
http://sg.finance.yahoo.com/q/ta?s=MS7.SI& t=3m& l=on& z=l& q=l& p=e20%2Ce50%2Cb& a=m26-12-9& c=
Shorter term. (green line = 20 days EMA) indicated a down trench, while another (red line = 50 days EMA) indicated a slight stronger support (it crosses over last weekend trade, how strong this line goes to support on it trading prices..?. Will let mkt settle it ownself). It signal a weak MACD  signal entrench in a more narrow trading bands, this  coming trade week.
teeth53:  Not  an inducement to do trading. Just sharing info -  my personnal opinion oni.
teeth53 ( Date: 18-Sep-2011 12:05) Posted:
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Buy on weakness and sell on strenght.
Make profit from this counter many times already.
No pain no gain ,  already prepared for the worse to hold for long for history to repeat again.   
 
EdwardLiu ( Date: 17-Sep-2011 13:13) Posted:
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http://sg.finance.yahoo.com/q/ta?s=MS7.SI& t=1y& l=on& z=l& q=l& p=e20%2Ce50%2Cb& a=m26-12-9& c=
Prices trading is going to trade in narrow band indicted, price  resistant turn support  @1.165 on short term. 
STXOSV - Closed last Friday Sept 16,  $1.23   

The worst dive is in mth of Aug, it the same for most of d stocks traded. All  thks to Euro unsettling  debt woes and  Aug 2, US-living on borrow time from debt disaster
EdwardLiu ( Date: 17-Sep-2011 13:13) Posted:
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stx osv is lucky that BB just brought quite a lot from stx europe at 1.33........and the BB can only sold around Nov...........
 
how is distribution of stx osv client? Are they mostly in europe??
I see more stx osv drop further from here.....
Let it rebound before jumping in...... you must let market decide the correct price. Anyway this counter is still good for vesting. Good luck.  

jamesng ( Date: 17-Sep-2011 14:51) Posted:
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It is time for stx osv to drop (to catch up with KepCorp, SembMarine, Cosco and YZJ)......it has escaped perhaps because of the special 5 cents dividend last time....
I would expect it would fall more as compared to KepCorp and Sembmarine but not more than Cosco and YZJ......
 
Reason for downgrade : Tighter financing may lead to slower order momentum
While a combination of strong order momentum and improved
margins led to strong share price performance year-to-date (+18%
versus STI -16%), we believe that earnings are increasingly at risk
with a slowdown in orders.
STX OSV has secured NKr 4.1 bn of
contracts in 2011, representing only 32% of our previous forecasts
of NKr 13 bn. We reduce our order forecasts to NKr11 bn in 2011
and NKr10 bn in 2012 and 2013, leading to a decline in 2012 and
2013 EPS by 4% and 6%, respectively
Credit Suisse previous TP 2.00 Now TP 1.60......
Goldman Sachs TP was 2.15
Let's see what Goldman Sachs , AmFraser Securities Pte Ltd, DMG  and the rest has their views. 
 
You still expect history to repeat itself ?  Even now with the downgrade,  and in a bearish market. Good luck then.
s100125 ( Date: 17-Sep-2011 11:37) Posted:
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In order not to miss the boat , I am going to load up on Monday.
A good time to enter at  current price.
As happened many times , this counter always recovered very quickly.