| Latest Forum Topics / Ezra Last:0.011 -- |
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EZRA HOLDINGS - RED HOT NEWS
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lglg666
Supreme |
10-Jun-2015 22:09
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Don't expect the ex rights price be much better than Swiber now. May even trade lower until it clear the over hangs. But think by year end, things maybe clearer
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Lucky03
Elite |
10-Jun-2015 19:55
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Oil prices rally on hopes for big fall in US stocks
AFP 20 mins ago Oil prices extended gains Wednesday on expectations of a huge decline in US crude reserves, signalling that demand is improving in the world's top economy and a global supply glut could soon end, analysts said. US benchmark West Texas Intermediate (WTI) for delivery in July won $1.08 to $61.22 compared with Tuesday's close. Brent North Sea crude for July jumped $1.25 to stand at $66.13 in London midday deals. That came the day after strong gains that saw WTI jump $2 while Brent closed up $2.19. Industry group the American Petroleum Institute (API) on Tuesday reportedly signalled a 6.7 million barrel drop in US supplies in the week to June 5, ahead of the latest official stockpiles report due from the US Department of Energy later Wednesday. "A big drop in API inventories provided some justification for today's big move upward," said Nicholas Teo, market analyst at CMC Markets in Singapore. A dip in US stockpiles is seen as an indicator of healthy demand in the world's top crude consumer, supporting global prices. Dealers expect that a drawdown of the United States' burgeoning reserves during the summer months, coupled with a slowdown in its shale output, could whittle down excess global supplies. A surplus of US stocks was a key reason oil prices collapsed by more than 50 percent between June and January. "We believe that only (if) US production starts to ease off, then we would be seeing improvements to the supply situation," said Daniel Ang, investment analyst at Phillip Futures in Singapore. The Department of Energy's petroleum report last week showed US output rose 20,000 barrels a day to 9.59 million in the week to May 29 -- the second consecutive gain and the highest since January 1983. In its short-term energy outlook Tuesday, the DoE said US oil production is expected to "generally decline" through early 2016. burs/bcp/rfj/rl |
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moron101
Supreme |
10-Jun-2015 19:26
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Wow. Brent crude just passed Usd $67 liao.. | ||||
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Lucky03
Elite |
10-Jun-2015 19:11
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The more traditional producers of OPEC raise output while the rival producers who explored from sources such as shale from shallower water slows down. Will that then benefit players such as Ezra, esp if WTI Crude continues to recover backed up by increasing demand ?
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Lucky03
Elite |
10-Jun-2015 19:07
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OPEC says oil market oversupply to ease, but raises output again
Reuters 13 mins ago LONDON (Reuters) - OPEC voiced confidence that excess supply in the oil market will ease as demand picks up and supply growth slows from producers outside the group, an indication its strategy of letting prices fall, reaffirmed at a meeting last week, is working. In a monthly report, issued after OPEC's June 5 decision to leave output policy unchanged, the group pointed to its expectations that supply from rival producers would decline in the second half of the year after rising in the first. World oil demand will grow faster than it did in 2014, OPEC said. "The current oversupply in the market is likely to ease over the coming quarters," OPEC's in-house economists said in the report. But the report also said production by members of the Organization of the Petroleum Exporting Countries in May rose by 24,000 barrels per day (bpd) based on figures from secondary sources, due to record output in top exporter Saudi Arabia and increases in Iraq and Angola. If OPEC keeps pumping at May's rate, the report indicates there will be an excess supply of 440,000 bpd in the second half of 2015, less than an average of 1.66 million bpd implied for the full year. However, the full-year surplus is higher than the 1.52 million bpd implied by last month's report. |
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Lucky03
Elite |
10-Jun-2015 17:20
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Swiber redeems maturing S$95m bond, easing investor concerns
0 COMMENTSSHARE JUN 10, 201511:59 AM [SINGAPORE] Swiber Holdings has redeemed in full its S$95 million 6.25 per cent three-year bond due to mature on June 8. An announcement on Monday said the redemption would not have a material impact on the company's net tangible assets or earnings per share for the financial year ending December 31 2015. The redemption will put to rest some of the concerns of fixed-income investors over Swiber's ability to meet principal repayment obligations for this year. Swiber also faces a call on its 9.75 per cent perpetual bonds due on September 25, but stated in early May that it planned to exercise the call option on the S$80 million issue. At the same time, the offshore oil-and-gas services company had repurchased and cancelled S$750,000 of the perp securities in a show of commitment. |
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Lucky03
Elite |
10-Jun-2015 17:14
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From ?
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niteowl68
Elite |
10-Jun-2015 16:59
Yells: "God Bleess You" |
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Buy Call at 29c ! |
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Demostation
Supreme |
10-Jun-2015 16:49
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Must not enter this counter yet.   Consider if the general market including the commodities/oil& Gas, turn for the worst, and then EZra is traded down to below 20 cents after the rights. It will either have to consider to move to catalist or consolidate.   That will be bad, bad..
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Demostation
Supreme |
10-Jun-2015 16:18
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Must wait for more rights issues information eg. dates etc... 
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niteowl68
Elite |
10-Jun-2015 14:52
Yells: "God Bleess You" |
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After lunch lethargy in the afternoon as action very slow... yawn zzz. Nearly fell asleep watching the bid stay still at : 793,300  Bid 29c,  Ask 0.295c 979,100 |
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Lucky03
Elite |
10-Jun-2015 14:37
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Action ! | ||||
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Lucky03
Elite |
10-Jun-2015 10:09
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EGM is 23 Jun and last day for trading cum rights is 25 Jun which means that the rights price must be fixed mid Jun, next week. I see that there will be strong interest to see Ezra trading near or above 30.5 to fix a more reasonable price and there after probably nearer to 34.5 in order to fix the conversion price for CB. When dust settles and the balance sheet of Ezra is better positioned and the threat of the Sep Bond expiry out of the way, we should see it moving back above 40c. It can only move towards 50c if there is any confirmation of business being on track with new potential being shared. | ||||
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danger
Supreme |
10-Jun-2015 10:08
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imagine bro kamal holding and avg from the $1 range |
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niteowl68
Elite |
10-Jun-2015 10:01
Yells: "God Bleess You" |
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Past week or so, the trading range was 28c to 30c. This time see if there' s a breakout above 30c.. if so, we can see the target price in view.. imho..
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Lucky03
Elite |
10-Jun-2015 10:01
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The buyer doesn't even bother to queue. | ||||
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danger
Supreme |
10-Jun-2015 09:52
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WTI CRUDE SURGING TO $60.70 BRENT SURGING TO $65.10 |
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lglg666
Supreme |
10-Jun-2015 09:52
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Running now...go, go higher!! | ||||
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blurtrader
Master |
10-Jun-2015 09:48
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looks like retailers eating 295 sell queue
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danger
Supreme |
10-Jun-2015 09:48
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LAI LIAO  !!! LOAD UP ! |
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