Back

Latest Forum Topics / Ezra    Last:0.011 --

Post Reply

Genting SP Next Move Post Reply Rate topic
Observers Elite	03-Nov-2016 21:55        Observers About Contact  Quote this Post!
x 0   x 0  Alert Admin	I hope government help out Keppel and Sembmarine' s 3rd party off shore contractors in their projects now that almost all forms of financing is closed to that industry. Easier for government to control the money also, by getting these GLCs to vet or act as guarantors of the projects before releasing the monies. Lucky03      ( Date: 03-Nov-2016 21:45) Posted: Singapore government consideration to offer financial support to O&G companies possibly project financing may have come at the most crucial time esp for such a large contract. SaveMe      ( Date: 03-Nov-2016 20:26) Posted: What happened to the contract " AWARDED"   by Saudi Aramco ? didnt materialized? The one reported by Chinese website also mentioned " awarded" .... didnt materialized? who are the crxxks now? what is Lionel Lee' s email address?
Useful To Me  Not Useful To Me
Lucky03 Elite	03-Nov-2016 21:45        Lucky03 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Singapore government consideration to offer financial support to O&G companies possibly project financing may have come at the most crucial time esp for such a large contract. SaveMe      ( Date: 03-Nov-2016 20:26) Posted: What happened to the contract " AWARDED"   by Saudi Aramco ? didnt materialized? The one reported by Chinese website also mentioned " awarded" .... didnt materialized? who are the crxxks now? what is Lionel Lee' s email address?
Useful To Me  Not Useful To Me
sheerluck Supreme	03-Nov-2016 21:10        sheerluck About Contact  Quote this Post! Style: Flexible   Mood: Yells: "Work for your money first then let your money work for you"
x 0   x 0  Alert Admin	Why Credit Suisse keep borrow and return share from own group?
Useful To Me  Not Useful To Me
SaveMe Member	03-Nov-2016 20:26        SaveMe About Contact  Quote this Post!
x 0   x 0  Alert Admin	What happened to the contract " AWARDED"   by Saudi Aramco ? didnt materialized? The one reported by Chinese website also mentioned " awarded" .... didnt materialized? who are the crxxks now? what is Lionel Lee' s email address?
Useful To Me  Not Useful To Me
dragonboy76 Master	03-Nov-2016 10:41        dragonboy76 About Contact  Quote this Post!
x 0   x 0  Alert Admin	' IF' is only if lor.  not sure if Ezra has announced this series of projects in any previous announcement. Also, client not identified. just keep in mind Swiber case... a bunch of crxxks. moron101      ( Date: 03-Nov-2016 09:53) Posted: Good for ezra if this project is executable. cheers! dragonboy76      ( Date: 03-Nov-2016 07:17) Posted: Wah. Good news indeed. But it's for shorties. Swiber buddy- west Africa project again.
Useful To Me  Not Useful To Me
moron101 Supreme	03-Nov-2016 09:53        moron101 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Good for ezra if this project is executable. cheers! dragonboy76      ( Date: 03-Nov-2016 07:17) Posted: Wah. Good news indeed. But it's for shorties. Swiber buddy- west Africa project again. sheerluck      ( Date: 02-Nov-2016 23:37) Posted: When I opened the link I got scared!   Now I will have nightmare!
Useful To Me  Not Useful To Me
dragonboy76 Master	03-Nov-2016 07:34        dragonboy76 About Contact  Quote this Post!
x 0   x 0  Alert Admin	If contract signed already then ok. Otherwise don't be like swiber. LOI treat as firm contract and they didn't even say who are the oil 'giants'
Useful To Me  Not Useful To Me
dragonboy76 Master	03-Nov-2016 07:17        dragonboy76 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Wah. Good news indeed. But it's for shorties. Swiber buddy- west Africa project again. sheerluck      ( Date: 02-Nov-2016 23:37) Posted: When I opened the link I got scared!   Now I will have nightmare! SaveMe      ( Date: 02-Nov-2016 21:34) Posted: Saw this piece of news....isn' t it good news for the company? Plus the US$1.6 mil Saudi Aramco contract... http://www.zgsyb.com/html/content/2016-06/23/content_528338.shtml Ezra获 价 值 3亿 美 元 深 水 合 同 (dated 23 June 2016)
Useful To Me  Not Useful To Me
dragonboy76 Master	03-Nov-2016 07:10        dragonboy76 About Contact  Quote this Post!
x 0   x 0  Alert Admin	See today article. Ppl only propose govt to help finance for new project, not day to day operation cash flow. And proposal is still only a proposal. Ezra coming 30c. When is the bondholder meeting? Can start to get ready. Now oil price lau sai even more jialat. MANY small to mid-cap offshore suppo... http://www.businesstimes.com.sg/government-economy/osv-players-in-dire-straits-want-early-govt-help-suggest-ways-to-rescue-them?xtor=CS3-24
Useful To Me  Not Useful To Me
sheerluck Supreme	02-Nov-2016 23:37        sheerluck About Contact  Quote this Post! Style: Flexible   Mood: Yells: "Work for your money first then let your money work for you"
x 0   x 0  Alert Admin	When I opened the link I got scared!   Now I will have nightmare! SaveMe      ( Date: 02-Nov-2016 21:34) Posted: Saw this piece of news....isn' t it good news for the company? Plus the US$1.6 mil Saudi Aramco contract... http://www.zgsyb.com/html/content/2016-06/23/content_528338.shtml Ezra获 价 值 3亿 美 元 深 水 合 同 (dated 23 June 2016)
Useful To Me  Not Useful To Me
SaveMe Member	02-Nov-2016 21:34        SaveMe About Contact  Quote this Post!
x 0   x 0  Alert Admin	Saw this piece of news....isn' t it good news for the company? Plus the US$1.6 mil Saudi Aramco contract... http://www.zgsyb.com/html/content/2016-06/23/content_528338.shtml Ezra获 价 值 3亿 美 元 深 水 合 同 (dated 23 June 2016)
Useful To Me  Not Useful To Me
Shifu8888 Supreme	01-Nov-2016 17:54        Shifu8888 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Correction. GOvernment will only help companies that they have direct vested interest e.g. Olam. Let's see how their aid pan out. Shifu8888      ( Date: 01-Nov-2016 17:52) Posted: Government will not help specific company but they will help the banks which will in turn look into the loan portfolio..... dragonboy76      ( Date: 01-Nov-2016 11:11) Posted: let' s wait and see. Ezra will go for rights issue. goverment will not help them much. they also need to answer to public if they use public funds.
Useful To Me  Not Useful To Me
Shifu8888 Supreme	01-Nov-2016 17:52        Shifu8888 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Government will not help specific company but they will help the banks which will in turn look into the loan portfolio..... dragonboy76      ( Date: 01-Nov-2016 11:11) Posted: let' s wait and see. Ezra will go for rights issue. goverment will not help them much. they also need to answer to public if they use public funds. Shifu8888      ( Date: 01-Nov-2016 10:52) Posted: Fully agreed. Like I said before, this will be approved. They are left with Hobson's choice. Next, government will have to step in to help the bond market. All the banks are gonna sink if continue this way. Singapore reputation as a global financial center will go down the lonkang. Reiterate: Ezra will survive. Re load at 0.043. Cheer
Useful To Me  Not Useful To Me
sheerluck Supreme	01-Nov-2016 16:57        sheerluck About Contact  Quote this Post! Style: Flexible   Mood: Yells: "Work for your money first then let your money work for you"
x 0   x 0  Alert Admin	I never pity them.   In fact I despite them for living of others by taking everything from them and give nothing back.   By the way, did they say they will take a pay cut?   I thought Keppel/SMM did.   These people are leeches.   And there is only one way to deal with leeches.   Burn them! So what are they going to do with $26mil?   For medical bill in the future? dragonboy76      ( Date: 01-Nov-2016 16:42) Posted: March artcle. lee family damn rich. so many properties to sell. no pity on them http://www.businesstimes.com.sg/real-estate/ezras-lee-family-puts-sentosa-bungalow-up-for-sale
Useful To Me  Not Useful To Me
dragonboy76 Master	01-Nov-2016 16:42        dragonboy76 About Contact  Quote this Post!
x 0   x 0  Alert Admin	March artcle. lee family damn rich. so many properties to sell. no pity on them http://www.businesstimes.com.sg/real-estate/ezras-lee-family-puts-sentosa-bungalow-up-for-sale
Useful To Me  Not Useful To Me
sheerluck Supreme	01-Nov-2016 16:35        sheerluck About Contact  Quote this Post! Style: Flexible   Mood: Yells: "Work for your money first then let your money work for you"
x 0   x 0  Alert Admin	Weak player has to go.   Through this saga, those who have real ability survive.   Those who haven' t got real skills die.   Survival of the fittest.   Company that rely on shareholders to foot their bill (I mean lobster sashimi bill) will die sooner or later.   But no fear for them.   Company die with all other shareholders only.   Owner still eat lobster sashimi and continue to pay using money they go through other shareholders.   I think enough money for their next 2 generations if they don' t travel by helicopter too often for a bowl of laska. dragonboy76      ( Date: 01-Nov-2016 16:10) Posted: by then, most of O& G companies already dead, except K and S Why benefits of lower oil price may take a year to trickle down SINGAPORE (Nov 1): The plunge in oil prices has reversed the fortunes of many players in the offshore and marine industry, ranging from rig builders and shipyards to services and support providers. But with oil prices beginning to recover, KGI analyst Joel Ng expects shipyards to see limited downside although he believes benefits from the rising oil prices from OPEC cuts will take a year to reach the yards. Here&rsquo s why: Overcapacity The utilisation rates in the offshore oil and gas sector points to another year of overcapacity. Utilisation rates have dropped to 50% from 90% to 100% in 2013, and the pace of retiring old rig is not fast enough to balance out the markets. This oversupply is expected to persist into 2017, with the markets set to improve in 2018, as older rigs are retired and demand picks up. The number of jack-up rigs retired from the market has risen, with 11 scrapped in 2015 and nine year to date, compared to 13 rigs removed in the two years prior. In Southeast Asia, 25 out of 66 jack-up rigs are currently working, a less than 50% utilization rate for a major destination for jack-ups. This pain is further exacerbated for rig owners, who incur costs to maintain idle rigs. &ldquo Hence, we may expect 2017 to still be a weak year for rig markets and consequently, for the rig builders, Keppel Corp and Sembcorp Marine,&rdquo says Ng. Unsustainable capex cuts The capex cuts by the oil and gas industry has been sustained for two consecutive years, with current exploration and production capex cuts expected to hit 10% to 15% in 2016 after a 24% cut in 2015. However, 41% of capex cuts have been from the US. These cuts are unsustainable, notes Ng, as they may not be sufficient to replace existing production and accommodate future growth in demand. While 900,000 barrels per day of supply have been removed from high-cost non-OPEC producers since last year, this has been offset by gains of 1.1 million barrels per day from low-cost OPEC countries, notes Ng. Rightsizing and diversifying Rig builders have continued to reduce their workforce, with Keppel and Sembcorp Marine cutting its workforce by almost 8,000. Keppel has been cutting variable costs and overheads, with senior management taking pay cuts and proposed lower directors&rsquo fees for 2016. Sembcorp Marine is also returning two shipyards to the government in 2017 resulting in savings in operating leases. The rig builder is also looking to return other yards at or before lease expiry. However, rig builders have seen interest in floating production, storage and offloading conversions and solutions such as tension leg platform, semi-submersible production units as well as specialised vessels. Keppel has focused on the liquefied natural gas (LNG) market for the long term securing orders for its first dual-fuel tugs based own it proprietary design. Keppel has also secured two contracts with Shell to provide LNG bunkering services for vessel owners. Sembcorp Marine has also been diversifying away to non-drilling solutions, acquiring several companies along the gas value chain. The rig builder has invested in Gravifloat in 2014, which allows for more cost effective solution compared with floating, storage and regasification units and land terminals. These efforts may take years before contributing meaningfully to the rig builders&rsquo performance, notes Ng while key earnings driver will be based on their order book. Weak results to continue Ng notes that FY17 earnings forecast for both Keppel and Sembcorp has been cut by 30% and 60% respectively. Write-downs and impairments may occur as a downside surprise causing larger than expected losses. While both rig builders have made provisions for impairments, Ng cautions that there can only be clarity after they release their full year results in January.
Useful To Me  Not Useful To Me
dragonboy76 Master	01-Nov-2016 16:29        dragonboy76 About Contact  Quote this Post!
x 0   x 0  Alert Admin	there is huge wall on the bid side. i think this pose a support to longist. best time for short term long - the day before the meeting. (before trading halt) best time for short term short - after the meeting (after lifting of trading halt) Barcalo      ( Date: 01-Nov-2016 16:22) Posted: Coming back to the actual trading trend today, the volume done was rather low today. No shortist dare to short too even with so much bad news?
Useful To Me  Not Useful To Me
Barcalo Master	01-Nov-2016 16:22        Barcalo About Contact  Quote this Post!
x 0   x 0  Alert Admin	Coming back to the actual trading trend today, the volume done was rather low today. No shortist dare to short too even with so much bad news?
Useful To Me  Not Useful To Me
dragonboy76 Master	01-Nov-2016 16:10        dragonboy76 About Contact  Quote this Post!
x 0   x 0  Alert Admin	by then, most of O& G companies already dead, except K and S Why benefits of lower oil price may take a year to trickle down SINGAPORE (Nov 1): The plunge in oil prices has reversed the fortunes of many players in the offshore and marine industry, ranging from rig builders and shipyards to services and support providers. But with oil prices beginning to recover, KGI analyst Joel Ng expects shipyards to see limited downside although he believes benefits from the rising oil prices from OPEC cuts will take a year to reach the yards. Here&rsquo s why: Overcapacity The utilisation rates in the offshore oil and gas sector points to another year of overcapacity. Utilisation rates have dropped to 50% from 90% to 100% in 2013, and the pace of retiring old rig is not fast enough to balance out the markets. This oversupply is expected to persist into 2017, with the markets set to improve in 2018, as older rigs are retired and demand picks up. The number of jack-up rigs retired from the market has risen, with 11 scrapped in 2015 and nine year to date, compared to 13 rigs removed in the two years prior. In Southeast Asia, 25 out of 66 jack-up rigs are currently working, a less than 50% utilization rate for a major destination for jack-ups. This pain is further exacerbated for rig owners, who incur costs to maintain idle rigs. &ldquo Hence, we may expect 2017 to still be a weak year for rig markets and consequently, for the rig builders, Keppel Corp and Sembcorp Marine,&rdquo says Ng. Unsustainable capex cuts The capex cuts by the oil and gas industry has been sustained for two consecutive years, with current exploration and production capex cuts expected to hit 10% to 15% in 2016 after a 24% cut in 2015. However, 41% of capex cuts have been from the US. These cuts are unsustainable, notes Ng, as they may not be sufficient to replace existing production and accommodate future growth in demand. While 900,000 barrels per day of supply have been removed from high-cost non-OPEC producers since last year, this has been offset by gains of 1.1 million barrels per day from low-cost OPEC countries, notes Ng. Rightsizing and diversifying Rig builders have continued to reduce their workforce, with Keppel and Sembcorp Marine cutting its workforce by almost 8,000. Keppel has been cutting variable costs and overheads, with senior management taking pay cuts and proposed lower directors&rsquo fees for 2016. Sembcorp Marine is also returning two shipyards to the government in 2017 resulting in savings in operating leases. The rig builder is also looking to return other yards at or before lease expiry. However, rig builders have seen interest in floating production, storage and offloading conversions and solutions such as tension leg platform, semi-submersible production units as well as specialised vessels. Keppel has focused on the liquefied natural gas (LNG) market for the long term securing orders for its first dual-fuel tugs based own it proprietary design. Keppel has also secured two contracts with Shell to provide LNG bunkering services for vessel owners. Sembcorp Marine has also been diversifying away to non-drilling solutions, acquiring several companies along the gas value chain. The rig builder has invested in Gravifloat in 2014, which allows for more cost effective solution compared with floating, storage and regasification units and land terminals. These efforts may take years before contributing meaningfully to the rig builders&rsquo performance, notes Ng while key earnings driver will be based on their order book. Weak results to continue Ng notes that FY17 earnings forecast for both Keppel and Sembcorp has been cut by 30% and 60% respectively. Write-downs and impairments may occur as a downside surprise causing larger than expected losses. While both rig builders have made provisions for impairments, Ng cautions that there can only be clarity after they release their full year results in January.
Useful To Me  Not Useful To Me
sheerluck Supreme	01-Nov-2016 14:43        sheerluck About Contact  Quote this Post! Style: Flexible   Mood: Yells: "Work for your money first then let your money work for you"
x 0   x 0  Alert Admin	Beside K and S, I think the rest have to fend on their own. dragonboy76      ( Date: 01-Nov-2016 14:34) Posted: yes, contain damage, but not to all the O& G companies, govt say already - those that are worth keeping and no details on any rescue plan yet. when there is an exodus of international oil companies moving out of Singapore for the last 2 years, did govt tweak any policy to try to keep these companies? did they provide any assistance to the retrenchment / laid off singaporean in the O& G industry?  they are only best in making verbal statement.  sheerluck      ( Date: 01-Nov-2016 11:56) Posted: SG economy waits for no man.   Contain damage yes.   THis sector sunset liao.   Unless oil investment come back in full force.   Unlikely for the next decade or so.   SG wants value-creating economy.   Innovation, green and sustainbility.   All about e-tech and bio-tech.   SG will bite the bullet and let O& G go.   Short-term pain for economy but long term gain.   But no worry, whole world affected by this so SG will be be the worse.   But contain damage yes.
Useful To Me  Not Useful To Me

                                                         First   < Newer   10921-10940 of 23223   Older>   Last