| Shipping: All hands on deck | 21-NOV-09 |
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| The upswing in Baltic Dry Index numbers recently to a 14 month high closing at 4661 on 19 November 09, raised hopes that a revival for the shipping sector is afoot sending shipping stocks zooming. Freight and tanker rates dropped sharply in July - September 09 quarter, but gained strength in October 09 which has sustained through November 09 as well. |
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| Stock price of Great Offshore unsustainable: Analysts | 03-OCT-09 |
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| As the takeover battle between Bharati Shipyard and ABG Shipyard for Great Offshore heats up, analysts feel it is the right time for retail investors to book profits, as the fundamentals of the target firm’s stock do not support sustainability of its current price. Ever since the bidding war between Bharati and ABG started in June, Great Offshore’s stock has jumped significantly. |
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| Current stock price of Great Offshore unsustainable: Analysts | 02-OCT-09 |
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| As the takeover battle between Bharati Shipyard and ABG Shipyard for Great Offshore heats up, analysts feel it is the right time for retail investors to book profits as the fundamentals of the target firm's stock do not support sustainability of its current price. |
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| Bharati expects nod for Great Offshore open offer soon | 30-SEP-09 |
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| Bharati Shipyard, the Mumbai-based ship builder that has announced an open offer for an additional 20 per cent stake in Great Offshore, said it was expecting approval for its offer in the next 10 days from the Securities and Exchange Board of India. |
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| Sebi may ok Bharati's offer for Great Offshore in 10 days | 29-SEP-09 |
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| Bharati Shipyard is likely to get stock market regulator Sebi's nod for an open offer in about 10 days for its acquisition bid for offshore drilling company Great Offshore, which is also being targeted by ABG Shipyard. |
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| ABG to counter Bharati's bid for Great Offshore | 18-SEP-09 |
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| The bidding war for Great Offshore ratcheted up a notch with ABG Shipyard saying it would come out with a counter-offer to rival Bharati Shipyard’s offer of Rs 560 a share announced on Wednesday after it acquired 3.1 per cent from the open market to take its total holding to 22.4 per cent. |
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