Ok, if you have read the SGX annoucements, you will
know that Fincantieri has signed an agreement with
STX Group for 50.75% of STX OSV at $1.22 and it
is also launching a Pre-Conditional Mandatory Cash
Offer at the same price for all other shares not already
owned, that means the remaining 49.25% of shares.
This is really an outrageous and brazen offer and I
urge all other shareholders and the readers of this
blog who are also shareholder to ignore the offer and
toss the hardcopy of the offer when it arrive at your house.
It is a well-known fact that STX Group, the parent company
of STX OSV need money to pay off its debt, and have
been desperately trying to sell off the cash cow STX OSV
for over a years. I guess it has missed the golden period
to sell STX OSV at a better and more justified price last
year and is now force to wall and have to sell its priced
possession for a ridiculous low price of $1.22. It could have
been about 40-50% more if the timing is right.
I have told many readers who was bombarding me with
questions since the opening bell on STX OSV. My sincere
view is that the fundamental of STX OSV did not change in
this transaction. It is just a change of ownership from a beggar
to an opportunist. In fact, by acquiring STX OSV shares, it is
如虎添翼 to Fincantieri as it adds OSV building capability to
its already powerful ship construction business.
By getting the 50.75% stake of STX OSV, Fincantieri is under
SGX requirement to launch a Cash offer for the remaining
shares it did not owned, so it got no choice but to launch one.
A half-hearted one, I must add, as not many investors in his
sane mind will consider selling at such a lowly offer price.
You see, "The total value of the transaction, including both
the acquisition of the 50.75% stake and the mandatory cash
offer, will amount to approximately Euro 900 million (approximately
SGD 1,450 million). It will be financed mainly from Fincantieri's
internal resources and with a syndicate loan provided by a pool of
banks (Banca IMI, BNP Paribas - Italian branch, Carige, Unicredit)
and by Cassa Depositi e Prestiti as a lender guaranteed
by SACE." I believe that it won't have the support of other
major shareholder in STX OSV and I for one will defintely
reject the cash offer and continue to hold the stock until
it reach its rightful and justified price.
Nicolas Darvas Box Theory Trading Method
Investing Seminar
Timeless You
Friday, December 21, 2012
Market View 21 December 2012
What a wonderfullll....world...!
So I am back to writing the Market View today
and that means that world never end while I
was sleeping. Haha..
In this case, when will be the next doomsday?
Then I can prepared for it by laughing at the long
queue and maybe people stocking up again.
I will leave that to another day...
Today ST reported another wonderful news, well,
not exactly to all, but only to those who is into
the stock market. It says that the average daily
value of shares and stock trading volume went down
like about 14% from the same period last year.
Other major players like Hong Kong, Australia and
even the New York Stock Exchange also have the
same fate. This is a pretty good news to me as many
retail investors are still out watching the action-packed
market action from the sideline. Maybe they are still
licking their wounds suffered back in 2008 and 2009.
But don't worry, they will be back, and when they
are back, guess what? Mr Market likes to inflict the
worse injuries to the late-comer and history will repeat
itself. It is when ST reports that the trading volume is
up 20% and the daily traded stock value is also irrationally
high and the brokers and remisiers are bringing home
tons of commission income that you should start to worry.
When your usual fish-monger, fruit-seller and
fish-ball noodle hawker tell you what stock to buy,
run as fast back home and clear off most of your stocks.
Right at the moment, the coast is clear and the sky is blue.
What a wonderfulll... world......
For those still wanting to join the Mentor Group, you have
until Christmas day to do so. Refer to
http://stocklobang.blogspot.sg/2012/12/stock-lobang-mentor-group.html
For those interested to learn about Value Investing from
some gurus and experts, you can click on the Value
Investing Summit 2013 banner on top and the side bar.
Enter any position with a Cut-loss level & Trailing Stop,
and Please practice strict Money(Risk)-management.
If you don't like what you see in the market,
simply don't trade.
If you have Skype, and would like to chat with me about
stocks and all others, you can ring me at my
email address: stocklobang@yahoo.com
I have currently a couple of members skyping with me
everyday,and they are having good trading results.
See their comments here:
http://stocklobang.blogspot.com/feeds/comments/default
As usual,
Stay Alert but be Aggressive too.
Audentes Fortuna Juvat !!
市场生存座右铭: 风林火山
别人笑我太疯颠，我笑别人看不穿
So I am back to writing the Market View today
and that means that world never end while I
was sleeping. Haha..
In this case, when will be the next doomsday?
Then I can prepared for it by laughing at the long
queue and maybe people stocking up again.
I will leave that to another day...
Today ST reported another wonderful news, well,
not exactly to all, but only to those who is into
the stock market. It says that the average daily
value of shares and stock trading volume went down
like about 14% from the same period last year.
Other major players like Hong Kong, Australia and
even the New York Stock Exchange also have the
same fate. This is a pretty good news to me as many
retail investors are still out watching the action-packed
market action from the sideline. Maybe they are still
licking their wounds suffered back in 2008 and 2009.
But don't worry, they will be back, and when they
are back, guess what? Mr Market likes to inflict the
worse injuries to the late-comer and history will repeat
itself. It is when ST reports that the trading volume is
up 20% and the daily traded stock value is also irrationally
high and the brokers and remisiers are bringing home
tons of commission income that you should start to worry.
When your usual fish-monger, fruit-seller and
fish-ball noodle hawker tell you what stock to buy,
run as fast back home and clear off most of your stocks.
Right at the moment, the coast is clear and the sky is blue.
What a wonderfulll... world......
For those still wanting to join the Mentor Group, you have
until Christmas day to do so. Refer to
http://stocklobang.blogspot.sg/2012/12/stock-lobang-mentor-group.html
For those interested to learn about Value Investing from
some gurus and experts, you can click on the Value
Investing Summit 2013 banner on top and the side bar.
Enter any position with a Cut-loss level & Trailing Stop,
and Please practice strict Money(Risk)-management.
If you don't like what you see in the market,
simply don't trade.
If you have Skype, and would like to chat with me about
stocks and all others, you can ring me at my
email address: stocklobang@yahoo.com
I have currently a couple of members skyping with me
everyday,and they are having good trading results.
See their comments here:
http://stocklobang.blogspot.com/feeds/comments/default
As usual,
Stay Alert but be Aggressive too.
Audentes Fortuna Juvat !!
市场生存座右铭: 风林火山
别人笑我太疯颠，我笑别人看不穿
Thursday, December 20, 2012
Market View 20 December 2012
Oh No!!! The world will end today!!!
There will be no more stock market tomorrow!!
What am I going to do??
Haha, if there is no more stock market tomorrow,
then we all will not exist too.
I read with amuse on the report in ST that there
are actually gullible people in Singapore who believe in
the doomday BS and stock up foods, battery and
other essentials. No wonder, I saw long snaking queues
in Fairprice and Cold Storage. I thought it is the
last minute Christmas shopping, now I know maybe
most of them are stocking for the end of the world.
Might as well have a "Last day on Earth" super sales.
It's Ok, I believe I will still around to write the Market
View TOMORROW!
Nothing else to write, as I have already said my
pieces on the blog for days.
Just spend the day and night with your love ones.
See you tomorrow again....
Enter any position with a Cut-loss level & Trailing Stop,
and Please practice strict Money(Risk)-management.
If you don't like what you see in the market,
simply don't trade.
If you have Skype, and would like to chat with me about
stocks and all others, you can ring me at my
email address: stocklobang@yahoo.com
I have currently a couple of members skyping with me
everyday,and they are having good trading results.
See their comments here:
http://stocklobang.blogspot.com/feeds/comments/default
As usual,
Stay Alert but be Aggressive too.
Audentes Fortuna Juvat !!
市场生存座右铭: 风林火山
别人笑我太疯颠，我笑别人看不穿
There will be no more stock market tomorrow!!
What am I going to do??
Haha, if there is no more stock market tomorrow,
then we all will not exist too.
I read with amuse on the report in ST that there
are actually gullible people in Singapore who believe in
the doomday BS and stock up foods, battery and
other essentials. No wonder, I saw long snaking queues
in Fairprice and Cold Storage. I thought it is the
last minute Christmas shopping, now I know maybe
most of them are stocking for the end of the world.
Might as well have a "Last day on Earth" super sales.
It's Ok, I believe I will still around to write the Market
View TOMORROW!
Nothing else to write, as I have already said my
pieces on the blog for days.
Just spend the day and night with your love ones.
See you tomorrow again....
Enter any position with a Cut-loss level & Trailing Stop,
and Please practice strict Money(Risk)-management.
If you don't like what you see in the market,
simply don't trade.
If you have Skype, and would like to chat with me about
stocks and all others, you can ring me at my
email address: stocklobang@yahoo.com
I have currently a couple of members skyping with me
everyday,and they are having good trading results.
See their comments here:
http://stocklobang.blogspot.com/feeds/comments/default
As usual,
Stay Alert but be Aggressive too.
Audentes Fortuna Juvat !!
市场生存座右铭: 风林火山
别人笑我太疯颠，我笑别人看不穿
Wednesday, December 19, 2012
Market View 19 December 2012
Wall Street rallied again in overnight trade and
the major indices were around 1% with Nasdaq
adding 1.5% Look like we are going to have
another field day today.
Olam surged yesterday and almost immediately
I received Skypes messages and emails asking
me whether it is a buy. Very strangely, I have been
telling readers to buy when it was still relatively
on sales and at a low price, but it is only when the
price is more "expensive" then people will notice
it and wanted to buy. It was a good rebound after
the rights issue date and details are revealed and
this time it really need to stay above the 1.45-46 level
before it XD next Friday. If you don't mind the higher
price right now and want to get the rights issue of
bonds and warrants, and also intend to hold the stock
with a mid-term view, then the price is still OK to get.
The market strength lately have been wonderful with
so many rotational interests in various stocks. We have
the usual winners in Yanlord, OSV, the 2 Es, Olam
and Noble, even Genting after it surged past the
1.27-1.28 resistance. In contrast with the common
belief that December should be a rather quiet trading
months as the traders are out for holiday and have
already closed their book. Look like the attraction of
more $$$$ is the main seduction and contributing factor.
I have always state that infront of $$$$ and even the
doomday tomorrow, it will be 舞照跳， 马照跑， 股市继续升.
Enter any position with a Cut-loss level & Trailing Stop,
and Please practice strict Money(Risk)-management.
If you don't like what you see in the market,
simply don't trade.
If you have Skype, and would like to chat with me about
stocks and all others, you can ring me at my
email address: stocklobang@yahoo.com
I have currently a couple of members skyping with me
everyday,and they are having good trading results.
See their comments here:
http://stocklobang.blogspot.com/feeds/comments/default
As usual,
Stay Alert but be Aggressive too.
Audentes Fortuna Juvat !!
市场生存座右铭: 风林火山
别人笑我太疯颠，我笑别人看不穿
the major indices were around 1% with Nasdaq
adding 1.5% Look like we are going to have
another field day today.
Olam surged yesterday and almost immediately
I received Skypes messages and emails asking
me whether it is a buy. Very strangely, I have been
telling readers to buy when it was still relatively
on sales and at a low price, but it is only when the
price is more "expensive" then people will notice
it and wanted to buy. It was a good rebound after
the rights issue date and details are revealed and
this time it really need to stay above the 1.45-46 level
before it XD next Friday. If you don't mind the higher
price right now and want to get the rights issue of
bonds and warrants, and also intend to hold the stock
with a mid-term view, then the price is still OK to get.
The market strength lately have been wonderful with
so many rotational interests in various stocks. We have
the usual winners in Yanlord, OSV, the 2 Es, Olam
and Noble, even Genting after it surged past the
1.27-1.28 resistance. In contrast with the common
belief that December should be a rather quiet trading
months as the traders are out for holiday and have
already closed their book. Look like the attraction of
more $$$$ is the main seduction and contributing factor.
I have always state that infront of $$$$ and even the
doomday tomorrow, it will be 舞照跳， 马照跑， 股市继续升.
Enter any position with a Cut-loss level & Trailing Stop,
and Please practice strict Money(Risk)-management.
If you don't like what you see in the market,
simply don't trade.
If you have Skype, and would like to chat with me about
stocks and all others, you can ring me at my
email address: stocklobang@yahoo.com
I have currently a couple of members skyping with me
everyday,and they are having good trading results.
See their comments here:
http://stocklobang.blogspot.com/feeds/comments/default
As usual,
Stay Alert but be Aggressive too.
Audentes Fortuna Juvat !!
市场生存座右铭: 风林火山
别人笑我太疯颠，我笑别人看不穿
Tuesday, December 18, 2012
Market View 18 December 2012
Finally, the market decided to take a break yesterday
and most stocks ended the day in the negative zone.
At the other end of the world, Wall Street rallied and
all 3 major indices closed up about 1%. Looking at the
pre-opening figures, we can expect a much firmer
opening.
I don't know whether the readers have noticed that Olam
is currently trading CR, cum rights, right now. The last
day of CR will end on 27th December, that is next Thursday.
Olam will trade XR on 28th. If you wish to be entitled to
the rights, you need to buy the stock the latest on 27th
December and paid-out before the XR ended.
We are exactly one week away from the Christmas which
is also the closing date for the Mentor Group application.
If you interested to join like-minded investors/traders in
a Mentor Group, refer to:
http://stocklobang.blogspot.sg/2012/12/stock-lobang-mentor-group.html
Enter any position with a Cut-loss level & Trailing Stop,
and Please practice strict Money(Risk)-management.
If you don't like what you see in the market,
simply don't trade.
If you have Skype, and would like to chat with me about
stocks and all others, you can ring me at my
email address: stocklobang@yahoo.com
I have currently a couple of members skyping with me
everyday,and they are having good trading results.
See their comments here:
http://stocklobang.blogspot.com/feeds/comments/default
As usual,
Stay Alert but be Aggressive too.
Audentes Fortuna Juvat !!
市场生存座右铭: 风林火山
别人笑我太疯颠，我笑别人看不穿
and most stocks ended the day in the negative zone.
At the other end of the world, Wall Street rallied and
all 3 major indices closed up about 1%. Looking at the
pre-opening figures, we can expect a much firmer
opening.
I don't know whether the readers have noticed that Olam
is currently trading CR, cum rights, right now. The last
day of CR will end on 27th December, that is next Thursday.
Olam will trade XR on 28th. If you wish to be entitled to
the rights, you need to buy the stock the latest on 27th
December and paid-out before the XR ended.
We are exactly one week away from the Christmas which
is also the closing date for the Mentor Group application.
If you interested to join like-minded investors/traders in
a Mentor Group, refer to:
http://stocklobang.blogspot.sg/2012/12/stock-lobang-mentor-group.html
Enter any position with a Cut-loss level & Trailing Stop,
and Please practice strict Money(Risk)-management.
If you don't like what you see in the market,
simply don't trade.
If you have Skype, and would like to chat with me about
stocks and all others, you can ring me at my
email address: stocklobang@yahoo.com
I have currently a couple of members skyping with me
everyday,and they are having good trading results.
See their comments here:
http://stocklobang.blogspot.com/feeds/comments/default
As usual,
Stay Alert but be Aggressive too.
Audentes Fortuna Juvat !!
市场生存座右铭: 风林火山
别人笑我太疯颠，我笑别人看不穿
Monday, December 17, 2012
Market View 17 December 2012
We are less than 2 weeks away from the end
of year 2012, and some doomday naysayers even
believe that we are only 4 days away from the end
of the world. Frankly, in my view, they are psychological
imbalance and really need to go for some treatment.
Like what I mentioned at the beginning of the year,
which really feel like yesterday, I will still be enjoying
the Christmas atmosphere and the foods and goodies
next week. Those doomday rumour-monger can continue
to look at the sky and ask when will the "next" doomday come.
It seems like the market train is still running full-steam
ahead and nothing can stop its momentum at the moment
or is it really the case? I have turned slightly cautious currently,
although I don't expect major event or selling to derail
the market strength right now. It has been a pretty good
ride lately and any profit-taking should be short and swift.
I expect the year to start-off with a bang but before that
there might be a quiet period as the holiday season sets in.
Just have a trailing stop in hand and you should be Ok.
Some readers asked me whether I will be meeting up
with them or even the Mentor Group members in the
Value Investing Summit 2013 that I am attending.
No, I will not be meeting up with anyone during the event
as I will just sit somewhere with my wife anonymously
and focusing on what is delivered on stage. Oh ya, since
I mentioned about the Mentor Group, if any reader is
interested to join it, please refer to the following website
http://stocklobang.blogspot.sg/2012/12/stock-lobang-mentor-group.html
For those interested in the Value Investing Summit 2013,
please refer to the banner on top or at the side.
Enter any position with a Cut-loss level & Trailing Stop,
and Please practice strict Money(Risk)-management.
If you don't like what you see in the market,
simply don't trade.
If you have Skype, and would like to chat with me about
stocks and all others, you can ring me at my
email address: stocklobang@yahoo.com
I have currently a couple of members skyping with me
everyday,and they are having good trading results.
See their comments here:
http://stocklobang.blogspot.com/feeds/comments/default
As usual,
Stay Alert but be Aggressive too.
Audentes Fortuna Juvat !!
市场生存座右铭: 风林火山
别人笑我太疯颠，我笑别人看不穿
of year 2012, and some doomday naysayers even
believe that we are only 4 days away from the end
of the world. Frankly, in my view, they are psychological
imbalance and really need to go for some treatment.
Like what I mentioned at the beginning of the year,
which really feel like yesterday, I will still be enjoying
the Christmas atmosphere and the foods and goodies
next week. Those doomday rumour-monger can continue
to look at the sky and ask when will the "next" doomday come.
It seems like the market train is still running full-steam
ahead and nothing can stop its momentum at the moment
or is it really the case? I have turned slightly cautious currently,
although I don't expect major event or selling to derail
the market strength right now. It has been a pretty good
ride lately and any profit-taking should be short and swift.
I expect the year to start-off with a bang but before that
there might be a quiet period as the holiday season sets in.
Just have a trailing stop in hand and you should be Ok.
Some readers asked me whether I will be meeting up
with them or even the Mentor Group members in the
Value Investing Summit 2013 that I am attending.
No, I will not be meeting up with anyone during the event
as I will just sit somewhere with my wife anonymously
and focusing on what is delivered on stage. Oh ya, since
I mentioned about the Mentor Group, if any reader is
interested to join it, please refer to the following website
http://stocklobang.blogspot.sg/2012/12/stock-lobang-mentor-group.html
For those interested in the Value Investing Summit 2013,
please refer to the banner on top or at the side.
Enter any position with a Cut-loss level & Trailing Stop,
and Please practice strict Money(Risk)-management.
If you don't like what you see in the market,
simply don't trade.
If you have Skype, and would like to chat with me about
stocks and all others, you can ring me at my
email address: stocklobang@yahoo.com
I have currently a couple of members skyping with me
everyday,and they are having good trading results.
See their comments here:
http://stocklobang.blogspot.com/feeds/comments/default
As usual,
Stay Alert but be Aggressive too.
Audentes Fortuna Juvat !!
市场生存座右铭: 风林火山
别人笑我太疯颠，我笑别人看不穿
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