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STXOSV

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teeth53
    16-Feb-2011 21:34  
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STXOSV 1.200 1.230 +0.050c +4.2% Volume - 10,949,000 471,000 1.220 1.230 1,628,000


Gap up--2cents for a start with a volume of 153 lots changed hands, some profit taking seen at $1.22c/$1.23c

trade summary--many retailers turn positive,  today high=1.23c, ammo  providing support to BBs plan.

Last Trades Volume Bid Volume Mid Ask Volume
1.190 11 298,000 272,000 0 26,000
1.196 1 14,000 0 14,000 0
1.200 115     2,591,000 884,000 0 1,707,000
1.210 117 3,700,000 1,186,000 127,000 2,387,000
1.220 192 3,594,000 1,206,000 0 2,388,000
1.230 17 752,000 0 0 752,000
TOTAL 453 10,949,000 3,548,000 141,000 7,260,000


crystal1818      ( Date: 15-Feb-2011 23:08) Posted:



Think tomorrow opening will be good as DMG rated buy and have raise its TP.

1.18 seems to be a good buy however, fear overwhelmed my action as don't know whether it will goes further down...

teeth53      ( Date: 15-Feb-2011 22:22) Posted:



STXOSV 1.220 1.180 -0.010 -0.8 Vol - 12,866,000 497,000 1.180 1.190 383,000


It mean today  trade summary--On profit taking (*), while  as many  bot @1.18c (will  resistant turn support?.)
Last Trades Volume Bid Volume Mid Ask Volume
1.170 2 20,000 20,000 0 0
1.176 1 20,000 0 20,000 0
1.180 114 3,557,000 2,211,000 0 1,346,000
1.190 34 892,000 626,000 0 266,000
1.200 40 1,672,000 1,168,000 0 504,000
1.210 30 969,000 830,000 0 139,000
*1.220 85 3,226,000 2,224,000 0 1,002,000
1.228 1 155,000 0 155,000 0
*1.230 46 2,347,000 1,063,000 0 1,284,000
*1.240 2 8,000 0 0 8,000
TOTAL 355 12,866,000 8,142,000 175,000 4,549,000


 
 
SimpleTrade
    16-Feb-2011 21:30  
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Looking through the financial presentation. Found something might be useful

*** 3 billions LPG carrier contract confirmed in 1Q2011.   


Page 13


Environmental license expected to be granted at the end of
1Q 2011
- Civil construction works scheduled to start in 2Q 2011
- Transpetro contracts to be made effective following issuance of the
environmental license, and the construction financing from FMM

****Dividends to be issued in April 2011

Page 23

  “Under our Company’s cash dividend policy, we expect our annual
cash dividends to be not less than 30% of our Company’s
distributable annual profit based on the recommendation of our
Company’s Board of Directors […]”1
􀂃 The recommended dividend for 2010 will be announced in early
April for approval at the Annual General Meeting in late April
2011, after the audit has been completed
􀂃 The Directors would like to inform the Shareholders that they
expect to recommend STX OSV to pay up to 100% of the group
profits made between 25 October 2010 (restructuring date) and
31 December 2010, based on the short consolidation period
under the new group structure


 
 
hpong5
    16-Feb-2011 20:43  
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check counterparty lor

krisluke      ( Date: 16-Feb-2011 20:37) Posted:



how to know. why you get the infos?

hpong5      ( Date: 16-Feb-2011 18:52) Posted:

Because they nibble plus suddenly one shot wiped out my lots. 4 lots buy minutes by minutes are DMG. 10 lots minutes by minutes are DBSV. 


 

 
krisluke
    16-Feb-2011 20:37  
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how to know. why you get the infos?

hpong5      ( Date: 16-Feb-2011 18:52) Posted:

Because they nibble plus suddenly one shot wiped out my lots. 4 lots buy minutes by minutes are DMG. 10 lots minutes by minutes are DBSV. 

rotijai      ( Date: 16-Feb-2011 18:42) Posted:

how do u know


 
 
hpong5
    16-Feb-2011 19:01  
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I should have pulled out, didn't expect DMG one shot wiped out everything at 1.21 !!! #%^*#%^*

muifan      ( Date: 16-Feb-2011 18:57) Posted:



I am quite sure the 4 lots and 10 lots  every minutes are 2 of the houses from after 2pm till the end of closing...

but today I dont know is which house.

70% sure one of them is DMG :D

 

 
 
muifan
    16-Feb-2011 18:57  
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I am quite sure the 4 lots and 10 lots  every minutes are 2 of the houses from after 2pm till the end of closing...

but today I dont know is which house.

70% sure one of them is DMG :D

 
 

 
hpong5
    16-Feb-2011 18:52  
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Because they nibble plus suddenly one shot wiped out my lots. 4 lots buy minutes by minutes are DMG. 10 lots minutes by minutes are DBSV. 

rotijai      ( Date: 16-Feb-2011 18:42) Posted:

how do u know?

hpong5      ( Date: 16-Feb-2011 18:40) Posted:

DMG collecting and accumulating today. DBSV also collecting and accumulating today. Goldman Sachs also collecting and accumulating last few days.


 
 
rotijai
    16-Feb-2011 18:42  
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how do u know?

hpong5      ( Date: 16-Feb-2011 18:40) Posted:

DMG collecting and accumulating today. DBSV also collecting and accumulating today. Goldman Sachs also collecting and accumulating last few days.

 
 
hpong5
    16-Feb-2011 18:40  
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DMG collecting and accumulating today. DBSV also collecting and accumulating today. Goldman Sachs also collecting and accumulating last few days.
 
 
enghou
    16-Feb-2011 17:30  
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Goldman Sachs recommends BUY at $1.55

  What's changed

STXO’s 4Q10 results margins significantly surprised our and consensus

expectations for the second straight quarter. Given the company’s positive

guidance and that about 75% of its current order-book is for its own design

vessels, we raise our margin assumptions slightly, up our 2011-12E EPS by

7%-8%, and introduce our 2013E EPS estimates. To reflect our higher EPS, we

also raised our 12mTP to S$1.55 from S$1.45 previously.

Implications

We reiterate our Buy rating (on Conv. List) on STXO as we believe the

stock continues to look undervalued. Indeed, our reverse DCF suggests

that share price implies yearly new orders of NOK11bn during 2011-13,

which is 20% below our forecast of NOK13.8bn. Against Bloomberg

consensus, our 2011-13E EPS estimates are also 9% higher. We expect

these catalysts to re-rate the stock: (1) firm and higher crude oil prices (2)

new order wins – the much-awaited 8 LPG carrier order could come at end

1Q11 or early 2Q11 (3) achievement of 8%-10% EBITDA margins in future

quarterly results (4) consensus earnings upgrade.

Valuation

We value STXO based on Director’s Cut and see the Singapore-listed O& M

names as the most relevant comparables, given similar traits. Currently,

STXO trades at a ~55% discount to KEP/SMM on a blended average of P/E,

P/B and EV/GCI. At our PT, STXO would trade at a 2011 P/E, P/B and

EV/GCI of 10.4x, 2.3x and 1.5x respectively, which is a more reasonable

about 45% discount to the price target-implied valuations of KEP/SMM.

Key risks

(1) sharp fall or higher volatility in crude oil prices (2) higher-thanexpected

raw material price increases (3) weaker-than- expected

execution in new products (4) stronger-than-expected competition and (5)

poor capacity discipline from OSV vessel owners, which could negatively

impact utilization / day-rates and stall new-build demand.

Life Is Great 
 

 
jcho1962
    16-Feb-2011 17:13  
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Regaining its sparkle to close at $1.23 today:
LastTradesVolumeBid VolumeMidAsk Volume
1.19011298,000272,000026,000
1.196114,000014,0000
1.2001152,591,000884,00001,707,000
1.2101173,700,0001,186,000127,0002,387,000
1.2201923,594,0001,206,00002,388,000
1.23017752,00000752,000
TOTAL45310,949,0003,548,000141,0007,260,000


 

 

 
 
 
muifan
    16-Feb-2011 17:09  
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Very positive close for STX OSV today...

 

17:05:03 1.230 586,000 A
 
 
crystal1818
    15-Feb-2011 23:08  
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Think tomorrow opening will be good as DMG rated buy and have raise its TP.

1.18 seems to be a good buy however, fear overwhelmed my action as don't know whether it will goes further down...

teeth53      ( Date: 15-Feb-2011 22:22) Posted:



STXOSV 1.220 1.180 -0.010 -0.8 Vol - 12,866,000 497,000 1.180 1.190 383,000


It mean today  trade summary--On profit taking (*), while  as many  bot @1.18c (will  resistant turn support?.)
Last Trades Volume Bid Volume Mid Ask Volume
1.170 2 20,000 20,000 0 0
1.176 1 20,000 0 20,000 0
1.180 114 3,557,000 2,211,000 0 1,346,000
1.190 34 892,000 626,000 0 266,000
1.200 40 1,672,000 1,168,000 0 504,000
1.210 30 969,000 830,000 0 139,000
*1.220 85 3,226,000 2,224,000 0 1,002,000
1.228 1 155,000 0 155,000 0
*1.230 46 2,347,000 1,063,000 0 1,284,000
*1.240 2 8,000 0 0 8,000
TOTAL 355 12,866,000 8,142,000 175,000 4,549,000


crystal1818      ( Date: 15-Feb-2011 09:23) Posted:

What do you mean? Thanks


 
 
teeth53
    15-Feb-2011 22:22  
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STXOSV 1.220 1.180 -0.010 -0.8 Vol - 12,866,000 497,000 1.180 1.190 383,000


It mean today  trade summary--On profit taking (*), while  as many  bot @1.18c (will  resistant turn support?.)
Last Trades Volume Bid Volume Mid Ask Volume
1.170 2 20,000 20,000 0 0
1.176 1 20,000 0 20,000 0
1.180 114 3,557,000 2,211,000 0 1,346,000
1.190 34 892,000 626,000 0 266,000
1.200 40 1,672,000 1,168,000 0 504,000
1.210 30 969,000 830,000 0 139,000
*1.220 85 3,226,000 2,224,000 0 1,002,000
1.228 1 155,000 0 155,000 0
*1.230 46 2,347,000 1,063,000 0 1,284,000
*1.240 2 8,000 0 0 8,000
TOTAL 355 12,866,000 8,142,000 175,000 4,549,000


crystal1818      ( Date: 15-Feb-2011 09:23) Posted:

What do you mean? Thanks.

teeth53      ( Date: 15-Feb-2011 09:13) Posted:

Today morning traded--news sound very, very positive, bot to a high of 0.124c @deal - 4 lots
Last Trades Volume Bid Volume Mid Ask Volume
1.220 5 768,000 768,000 0 0
1.228 1 155,000 0 155,000 0
1.230 44 Volume - 2,245,000 1,063,000 0 1,182,000
1.240 2 8,000 0 0 8,000


 
 
teeth53
    15-Feb-2011 21:54  
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STI  top 30 --Almost all end red, as inflation concerns linger continuous without a break.

" China's inflation has not neutralised fears about inflation. Inflation in Asia is still on the rise and it's not certain when rising prices will peak out.

Mkt investors  turn cautious and caused worry about  a possible cooling down in regional growth in response to the tightening of monetary policies in  countries after interest rate increases by China early last week
  • Things to take Note * Investors wary of tightening policies * Foreign selling hurts big-caps banks underperform * Most sharemarkets record foreign outflows * China's rises rates to battle high inflation


  • crystal1818      ( Date: 15-Feb-2011 09:51) Posted:



    What's your advice?

    The good earnings doesn't seems to push the price up.

    teeth53      ( Date: 15-Feb-2011 09:40) Posted:

    To me, today trading--my thot is most  taking  d Q to exit for short term trading (punters and investors


     

     
    hpong5
        15-Feb-2011 20:57  
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    More awards announcements and raised target price in weeks to come.  
     
     
    Citigold
        15-Feb-2011 20:00  
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    For this counter, need to hold for some time before it shines .Under the outlook section,it mentioned about the current offshore service market is still depressed.However,with current difficult tough business operating environment ,Stxosv continue to perform well.Perhaps,it will become the 2nd Cosco 

    rotijai      ( Date: 15-Feb-2011 18:01) Posted:

    the market's simply too bearish for it to accept this bullish announcement :(

     
     
    hpong5
        15-Feb-2011 19:10  
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    The  other  time  DMG  initiated  coverage  was  just  a  month  ago.  Now  raised  target  price  up  about  another  20  cents. That re-rating is fast indeed! May lookout for more re-ratings from those other brokerage houses in this case.

    bsiong      ( Date: 15-Feb-2011 15:57) Posted:

    DMG raises STX OSV’s (MS7.SG) target to $1.75 from $1.56, based on an unchanged target P/E of 12X, after upping its earnings forecasts it keeps its Buy rating. 

    DMG says the shipbuilder’s 4Q10 results showed “strong bottomline on better execution” with net profit of NOK294 million (up 121% on-year, up 94% on-quarter) thanks to stronger EBITDA margins of 11.4% vs 6.8% in 4Q09. 
     
    “FY10 net profit of NOK1.031 billion was 23%-28% ahead of ours and consensus estimates as margins surprised on the upside due to better execution and the release of risk contingencies to profit.” 
     
    DMG raises its FY11-FY12 EPS estimates by 12% on higher forecast EBITDA margins of 10% vs 9.0% previously. 
     


    The house says key catalysts include new order wins, continued strong margins, and the huge valuation gap between STX OSV and big-cap shipyards. Its shares are down 0.8% at $1.18.

     
    WRITTEN BY DOW JONES & CO, INC    
    TUESDAY, 15 FEBRUARY 2011 15:26


    /source: theedge/

     

     
     
    rotijai
        15-Feb-2011 18:01  
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    the market's simply too bearish for it to accept this bullish announcement :(
     
     
    epliew
        15-Feb-2011 17:56  
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    brother, today down 1 cents.... from yesterday, candle stick show something ?

    bsiong      ( Date: 15-Feb-2011 15:57) Posted:

    DMG raises STX OSV’s (MS7.SG) target to $1.75 from $1.56, based on an unchanged target P/E of 12X, after upping its earnings forecasts it keeps its Buy rating. 

    DMG says the shipbuilder’s 4Q10 results showed “strong bottomline on better execution” with net profit of NOK294 million (up 121% on-year, up 94% on-quarter) thanks to stronger EBITDA margins of 11.4% vs 6.8% in 4Q09. 
     
    “FY10 net profit of NOK1.031 billion was 23%-28% ahead of ours and consensus estimates as margins surprised on the upside due to better execution and the release of risk contingencies to profit.” 
     
    DMG raises its FY11-FY12 EPS estimates by 12% on higher forecast EBITDA margins of 10% vs 9.0% previously. 
     


    The house says key catalysts include new order wins, continued strong margins, and the huge valuation gap between STX OSV and big-cap shipyards. Its shares are down 0.8% at $1.18.

     
    WRITTEN BY DOW JONES & CO, INC    
    TUESDAY, 15 FEBRUARY 2011 15:26


    /source: theedge/

     

     
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