
Luckily sold this morning at $1.345 as yesterday close low hinting already. Never expect such a fast fall.
bishan22 ( Date: 16-Sep-2011 11:56) Posted:
|
Oh no... STX OSV is joining forces with the $1 gang?
LOL 
woah broke 1.285, now touches 100ma
http://www.tradestockdiary.blogspot.com
http://www.holistichealingnatural.blogspot.com
Credit Suisse has downgrade call...
● We reduce our target price for STX OSV to S$1.60 from S$2.00, and downgrade our rating to NEUTRAL from Outperform.
● 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.
● Following a delay of close to a year, we expect contracts worth US$536.3 mn (NKr3 bn) for eight LPG carriers with Transpetro to become effective by November 2011. However, we do not see this as a significant catalyst as it is within market expectations.
● STX OSV currently trades at a 2012 P/E of 7.6x, at a slight discount to the regional offshore and marine sector. Our target price of S$1.60 is based on a 2012 P/E of 9x.
My fish tank is shaking and my arwana is panicking...
goldenpiggy ( Date: 16-Sep-2011 11:55) Posted:
|
Looks bad. Cut loss at 1.315. Next support level is 1.28. Good luck.  

bishan22 ( Date: 12-Sep-2011 15:36) Posted:
|
Which is?
Joe2020 ( Date: 16-Sep-2011 11:52) Posted:
|
Bad News Coming
win_88 ( Date: 16-Sep-2011 11:49) Posted:
|
against the market :S
-ve -ve -ve
Looks like moving downhill. 

like sail in dead sea.
http://www.tradestockdiary.blogspot.com
http://www.holistichealingnatural.blogspot.com
think wait for 1.3 or 1.305 , it only moved to 1.345,u turn again
 
http://www.tradestockdiary.blogspot.com
http://www.holistichealingnatural.blogspot.com
aiya when its re-visit 1.325? how come I don't know? lunch time?
http://www.tradestockdiary.blogspot.com
http://www.holistichealingnatural.blogspot.com
Yup, you are spot on/ Waiting to enter again/
bishan22 ( Date: 15-Sep-2011 12:22) Posted:
|
Afternoon may revisit 1.33 and below. 

1.37-1.365 = 50ma+longer term LR, =R.. chart view
http://www.tradestockdiary.blogspot.com
http://www.holistichealingnatural.blogspot.com
 
Trend is up, but maybe hard to break 1.37.
Bot at 1.33 yesterday. Cancelled Q at 1.37, and juz sold off at 1.36 for small profit.
live2trade ( Date: 15-Sep-2011 08:53) Posted:
|
According to stocks lobang blog,  support is strong at 1.33 with further upside in the region of 1.39.
Hi! Edward
Please enlighten me what trend are you talking about? Up or down?
EdwardLiu ( Date: 15-Sep-2011 07:46) Posted:
|
It depends on how much 'Lord' Chai Shen Yie loves you... 


ronnie.ang ( Date: 15-Sep-2011 05:46) Posted:
|