| Latest Forum Topics / Ezion |
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Sembcorp Drill Baby Drill
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Berani
Elite |
03-Mar-2019 23:33
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not long ago... this share just lift from suspension... now suspend again
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kerier
Veteran |
03-Mar-2019 21:40
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even lenders also die, hundreds of millions will still be written off assuming they can sell the vessels, probably go to scrapyard. will the shareholders dare to pump in more equity? 
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SAVIORFOREVER
Supreme |
03-Mar-2019 19:54
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"The peace and grace of God be with you all'
Think lenders didn't show enough grace and we have to show all the grace. Never mix religion with business. The world is very realistic one. I'm pissed with their lack of responsibilities. They should have a one day trading for those who wants out. Will Ezion management show grace? Trade with awareness.
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SAVIORFOREVER
Supreme |
03-Mar-2019 11:24
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"In the meantime, we humbly ask for your kind patience and that you also keep us in your prayers."
Don't think it's going to be a short suspension. 3 months? Trade with prayers and awareness. |
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huathuat88888
Elite |
03-Mar-2019 10:53
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Of course mostly apply to pte cos not listed cos.
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huathuat88888
Elite |
03-Mar-2019 10:51
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If in US debts more than assets , then $1 take over fee. Interested parties have to absorb the debts.
Yes. Pay $1. Take over a company and become s CEO : ) |
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ahhuat08
Elite |
03-Mar-2019 10:28
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The first thing strategic investor look at is the outstanding liabilities , which stands at usd 1.4 billion. How to settle this part is of paramount importantce to the company. Talking about mkt cap at this juncture is pointless. |
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Edward2
Senior |
03-Mar-2019 08:54
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If no stragetic investors money to repair jigs.going bankrupt soon .if got also heavy dilution ,will be heavy dilution like Noble.investors maybe left 1/10 of value.that why he praying now .
Even when oil up also loss heavily ,stragetic investors will take advantage n get below one cents.
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Observers
Elite |
03-Mar-2019 08:43
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Pre-Hyflux, strategic investors are mostly seen as white knights. Nowadays, I' m not too sure.
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laksaman57
Supreme |
03-Mar-2019 00:20
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https://www.electrive.com/2019/01/22/sweden-joins-nations-dropping-combustion-engines-target-2030/ | ||||
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kt3152
Supreme |
02-Mar-2019 18:41
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Based on last financial report ezion has 3.708B shares or a market cap of 159.5M based on last closing price 4.3c.    Assuming the strategic investor is willing to pump in 320M and agreed to based on the same price of 4.3c, it will get 7.416B shares which is 66.6% of the enlarge shares.  Existing share holders immediately have their shares diluted by 67% i.e now only hold 1/3 of the ezion.    Note that this is assuming that the investor is willing to pay current ezion share price knowing that its NAV is -6.87 US cents. Good news is that with the strategic investor, ezion get a new funds to tie over.  But how much is needed will have to wait for ezion update. At this point, it is pointless to talk about share price unless one has the full offer by the investor but share dilution is definite.  Share holders can only hope the best. your point about share consolidation is possible and my view is that  it does not help.  
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SAVIORFOREVER
Supreme |
02-Mar-2019 16:54
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Not sure if there is really a strategic investor but nothing is 100%. If there is really one, they can always call it off at the very last minute. If it pull through, think there will premium offer?
Probably Ezion management can do a 10 to 1 consolidation to bring up the value like what Noble did., can they do it? Prepare for the worst and feel less pain.
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huathuat88888
Elite |
02-Mar-2019 13:28
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And now is the Oil Giants market. You must meet a lot of demanding terms & requirements from them amd also they will press on price so much so that :
This low price , take it or leave it.
They no hurry to do offshore exploration.
In fact they ecpanding into green energy to diversify.
Looking at how US SHALE OIL IS BOOMING, it is no woneer why Oil Giants are taking a very cautious approach.
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Edward2
Senior |
02-Mar-2019 13:09
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If no further funds injection ,all oil rigs become rusty and useless. Becoming insolvent if loss another 400million next year.no bank will dare to lend as too risky. | ||||
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huathuat88888
Elite |
02-Mar-2019 12:13
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For forum, sure have opposing views for whether junk stocks (e.g. yuuzoo) or good stocks (e.g. city dev).
The good stocks i vested in (Best World) also being attacked by forummers what. Be fair. |
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NextEvolution
Elite |
02-Mar-2019 12:12
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Hi all holders, sad to see Ezion in such a situation. I have made quite a few rounds of profits last and this year alone from Ezion trades but have since stopped trading as I have flagged this counnter since CNY. See my below posting on the 4th day of Chinese New Year.
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huathuat88888
Elite |
02-Mar-2019 12:10
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Dont anyhow say.
I compliment Kong Hee CHC and Joseph Prince for being very rich. And I also compliment those Church not so cash rich but they very good Church in allowing strangers poor people to seek prayers with God. |
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huathuat88888
Elite |
02-Mar-2019 11:59
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And add Joseph Prince @ Buona Vista .
Their "exclusive members only" institution is so powerful and so rich if they join forces with super rich CHC they can be white knight to Ezion. Other good church who allows strangers poor people into their church to seek sincere prayers with God they cannot help Ezion as they are not rich in $$$$$$.
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SAVIORFOREVER
Supreme |
02-Mar-2019 11:55
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Pity those contra buyers. Probably have to find cash to pay for their trades. Don't think trading will start next week. Maybe in May during the result announcement.
Wonder what tricks management will perform during the suspension. Prepare for the worst and feel less pain. |
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huathuat88888
Elite |
02-Mar-2019 11:51
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I think I know who is the Strategic Investor.
Kong Hee and CHC with their millions can help Ezion. QUOTE With your understanding and prayers, we hope toachieve a favourable outcome that will be beneficial for all parties concerned. We will keep you updated of subsequent developments. Grace and peace of God be with you all. Dr Wang Kai Yuen Chairman Mr Chew Thiam Keng Chief Executive Officer |
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