It does seems like STXOSV may have bottomed at around $1.25. Let us see if it rises after 2 great contracts secured, news released at 14 or 15 Feb. Consolidation for 3 days already...
STX OSV: Secures Contract For One Offshore Subsea Construction Vessel For DOF Subsea.
15 Feb 2013 10:23
STX OSV Holdings Limited is pleased to
announce that it has secured a new contract for the design and
construction of one Offshore Subsea Construction Vessel for DOF Subsea.
The vessel will be of OSCV 12 design, developed by STX OSV in Ålesund,
Norway. It will have a total length of approximately 161 meters and a
beam of 32 meters. Delivery is scheduled from STX OSV Søviknes in 1Q
2015. The hull will be delivered from STX OSV Tulcea in Romania...
STX OSV: Secures Contract For One Offshore Subsea Construction Vessel For Farstad Shipping.
15 Feb 2013 10:22
STX OSV Holdings Limited is pleased to
announce that it has secured a new contract for the design and
construction of one Offshore Subsea Construction Vessel for Farstad
Shipping. This newbuilding, designed for subsea and Inspection,
Maintenance and Repair operations, is part of Farstad' Shipping's fleet
development within the subsea market. The value of the contract amounts
to approximately NOK 800 million...
Price Now: $1.315
Target Price 1: $1.39-$1.40
Target Price 2: $1.47-$1.50
Stop Loss: $1.27
Target Price 1: $1.39-$1.40
Target Price 2: $1.47-$1.50
Stop Loss: $1.27
