Milo's TA discussion and sharing thread

[Sinkie]

daily - Should see a support at $1.20

Weekly - dont look good

hit my 1.20 support le, whats nexT?

head and shoulder or just crash through?

 

[abc1987]

Wah OZ accepted Fincantieri's Offer. 50million shares (~4-5% of all shares I think). Not sure what to make of this, but this may remove some selling pressure for STX OSV in the short term. Since OZ has been aggressively selling their stake recently.

Source: http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_1A97F02641F2362248257B2D00169652/$file/Dealings_Disclosure.pdf?openelement

 

[Milo-Dino]

Wah OZ accepted Fincantieri's Offer. 50million shares (~4-5% of all shares I think). Not sure what to make of this, but this may remove some selling pressure for STX OSV in the short term. Since OZ has been aggressively selling their stake recently.

Source: http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_1A97F02641F2362248257B2D00169652/$file/Dealings_Disclosure.pdf?openelement

sounds like good news...

don't think they can get 90% anyway.. so chiong ahhh

 

[n1ef5ng]

I just vested... I started looking at their FY report etc after you said you bought last week and realize there is huge potential. One qn though

If they acquire more than 90% means delisted? Then those who vested... What will happen? Become worthless like 0cents or force sell to them at 1.22?

sounds like good news...

don't think they can get 90% anyway.. so chiong ahhh

 

[abc1987]

I just vested... I started looking at their FY report etc after you said you bought last week and realize there is huge potential. One qn though

If they acquire more than 90% means delisted? Then those who vested... What will happen? Become worthless like 0cents or force sell to them at 1.22?

Force sell at $1.22. Or become minority shareholder in an unlisted company.

 

[Milo-Dino]

I just vested... I started looking at their FY report etc after you said you bought last week and realize there is huge potential. One qn though

If they acquire more than 90% means delisted? Then those who vested... What will happen? Become worthless like 0cents or force sell to them at 1.22?

if become 90%... just accept the $1.22 and take the loss lor..

now chiong liao lol

 

[n1ef5ng]

Haha vested at perfect timing... We will know the acquisition result by today right

if become 90%... just accept the $1.22 and take the loss lor..

now chiong liao lol

 

[abc1987]

Haha vested at perfect timing... We will know the acquisition result by today right

Yup should be today. Unless the results close to 90% or something.

Highly doubt it will succeed. Good luck to all vested

 

[Sinkie]

Wah OZ accepted Fincantieri's Offer. 50million shares (~4-5% of all shares I think). Not sure what to make of this, but this may remove some selling pressure for STX OSV in the short term. Since OZ has been aggressively selling their stake recently.

Source: http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_1A97F02641F2362248257B2D00169652/$file/Dealings_Disclosure.pdf?openelement

i think they still keeping 1%

 

[abc1987]

i think they still keeping 1%

Yeah still got around 1%. Do they still need to report transactions now that they own less than 5%?

 

[Sinkie]

Yeah still got around 1%. Do they still need to report transactions now that they own less than 5%?

no need liao, they can either slowly buy until 5%, or they can slowly sell to 0% also nobody know now

 

[abc1987]

no need liao, they can either slowly buy until 5%, or they can slowly sell to 0% also nobody know now

Yeah I wonder if they'll sell their remaining stake.

 

[Milo-Dino]

Haha vested at perfect timing... We will know the acquisition result by today right

gxgx.. always buy lower than me

 

[abc1987]

Suddenly a queue of 1.1mill shares to sell at 1.240 at pre-close. Possibly from OZ?

Edit: The seller changed to 1.245. Should be the same seller I think. Cos almost same number of shares.

 

[remy3413]

I'm still holding my 20 lots

Double bottom forming, once clear 1.33 is a good sign.

But I buy base on FA, 7x earnings, net cash excluding construction loans

Conservatively, 9x current ttm earnings
Fair value, 11x current ttm earnings

 

[Sinkie]

Yeah I wonder if they'll sell their remaining stake.

Using pap favorite worst case scenario, actually they can slowly buy back below below 1.22 n regain their shares hoping for a higher takeover bid too

 

[champion09]

once the news is out, it is usually the beginning of the end. Look at Sakari and STX OSV...either way, the range is minimum.

that's what I feel la.

 

[Sinkie]

once the news is out, it is usually the beginning of the end. Look at Sakari and STX OSV...either way, the range is minimum.

that's what I feel la.

Lets see tomorrow how it opens first..

Milo u out of your osv Liao bo? I wanna kio some at $0.70 in the future

 

[dwexdwex]

Possible for a TA Analysis on HPH TRUST?

 

[Sinkie]

I'm still holding my 20 lots

Double bottom forming, once clear 1.33 is a good sign.

But I buy base on FA, 7x earnings, net cash excluding construction loans

Conservatively, 9x current ttm earnings
Fair value, 11x current ttm earnings

New SUBSTANTIAL SHAREHOLDER on board!


Credit Suisse AG
Became a SUBSTANTIAL shareholder

Direct interest 0%
Deemed interest from 0.646%, increased to 6.8964%
(Shares 7,623,313 to 81,377,313)

The change in interest of Credit Suisse AG arises by way of an off-market transfer in of 73,754,000 STX shares into Credit Suisse Securities (USA) LLC.

Credit Suisse AG is a subsidiary of Credit Suisse Group AG.
Credit Suisse Holdings (USA), Inc. is a subsidiary of Credit Suisse AG
Credit Suisse (USA), Inc. is a subsidiary of Credit Suisse Holdings (USA), Inc.
Credit Suisse Securities (USA) LLC is a subsidiary of Credit Suisse (USA), Inc.

====== More ======

Credit Suisse Group AG

Acquisition date: 08-Mar-2013
Date reported: 12-Mar-2013

The position tracking system used to monitor equity positions held by Credit Suisse Group AG and all its' affiliates for the purpose of substantial shareholder notifications, delivers complete position data only two days after trade date (T+2).

The change in interest of Credit Suisse Group AG arises by way of an off-market transfer in of 73,754,000 STX shares into Credit Suisse Securities (USA) LLC.

Credit Suisse AG is a subsidiary of Credit Suisse Group AG.
Credit Suisse Holdings (USA), Inc. is a subsidiary of Credit Suisse AG
Credit Suisse (USA), Inc. is a subsidiary of Credit Suisse Holdings (USA), Inc.
Credit Suisse Securities (USA) LLC is a subsidiary of Credit Suisse (USA), Inc.

========More========

Credit Suisse Holdings (USA), Inc.

Direct interest 0.4459% to 6.6962%
Deemed: 0
Shares: 5,262,000 to 79,016,000

The change in interest of Credit Suisse Holdings (USA), Inc. arises by way of an off-market transfer in of 73,754,000 STX shares into Credit Suisse Securities (USA) LLC.

Credit Suisse AG is a subsidiary of Credit Suisse Group AG.
Credit Suisse Holdings (USA), Inc. is a subsidiary of Credit Suisse AG
Credit Suisse (USA), Inc. is a subsidiary of Credit Suisse Holdings (USA), Inc.
Credit Suisse Securities (USA) LLC is a subsidiary of Credit Suisse (USA), Inc.