| Latest Forum Topics / Ezion |
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trademaster
Supreme |
04-Feb-2019 11:07
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Lol
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rockman88
Senior |
04-Feb-2019 11:02
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U think today is the only battle? Lol. Unless some good news comes along ... chances are everyday also tio target by shortlists
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trademaster
Supreme |
04-Feb-2019 10:59
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Later will see sell q shrink . Lol | ||||
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mkaung2000
Veteran |
04-Feb-2019 10:56
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News is quite bad and only 1st day of selling. Why people still wanna buy? BB wanna push also hard!
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trademaster
Supreme |
04-Feb-2019 10:50
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Those who shorted 50 hoping to cover 49, those who shorted 49 still hoping...most likely cover at 50 if they fast enough cos many many waiting to cover their shorts. Good luck shortists | ||||
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Sgvale
Supreme |
04-Feb-2019 10:48
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Jeep 49.
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trademaster
Supreme |
04-Feb-2019 10:47
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Thats the news this morning. Lol. Shortists will continue to create fear repeating same news
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Starship
Supreme |
04-Feb-2019 10:44
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Meanwhile, optimists will continue to rely on hope, faith and miracles to talk up the stock price............................ ![]() The Group is striving to complete the security documents with these secured lenders so that it is able to obtain funding to resolve the above issues. In view of the depressed market conditions and continued struggles of the industry, the Group has not been able to achieve meaningful deployment for some of the Jack-up Rigs. The Group is also facing payment delays and defaults by customers who are granted credit terms / or are on settlement plans. The Group is taking steps to recover the outstanding amounts and / or regain control of the relevant vessels. As mentioned in the third quarter financial statement announcement for the 9M2018, the Group&rsquo s Non-current Assets amounted to US$1,698.7 million as at 30 September 2018. The increase in Non-current Assets was mainly due to certain joint venture bank loans taken up at the Group level and hence an increase in shareholder loans to joint ventures. As the market conditions of the global oil and gas industry remains uncertain, the Group has carried out an assessment on the recoverability of the shareholder loans to joint ventures. While the value of the impairments are yet to be determined, the Group expects to record a net loss for 4Q2018 and 12M2018 from this exercise. As mentioned in the third quarter financial statement announcement for the 9M2018, the Group has adopted the Singapore Financial Reporting Standards (International) (&ldquo SFRS(I)&rdquo ) and expects that the adoption of SFRS(I) will have no material impact to the Group&rsquo s and Company&rsquo s financial statements except for the adoption of SFRS (I) 1 First-time Adoption of Singapore Financial Reporting Standards (International) and SFRS(I) 9 Financial Instruments. In adopting SFRS(I) in 2018, the Group has applied the transition requirements in SFRS(I) 1 with 1 January 2017 as the date of transition. SFRS(I) 1 generally requires that the Group applies SFRS(I) that are effective as at 31 December 2018 on a retrospective basis, as if such accounting policy had always been applied, subject to the mandatory exceptions and optional exemptions in SFRS(I) 1. The Group has elected the optional exemption in SFRS(I) 1 to measure the vessels owned by the Group at the date of transition to SFRS(I) at fair value and will use that fair value as the vessels deemed cost in its SFRS(I) financial statements. While the fair value of the vessels are still being reviewed, the Group expects a significant decrease in the net asset value of the Group from this fair value exercise. In the meantime, shareholders and investors are advised to exercise caution when dealing in the shares of the Company. In the event of any doubt, shareholders, Securityholders and investors of the Company should consult their stockbrokers, bank managers, solicitors, accountants or other professional advisors. By Order of the Board Goon Fook Wye Paul Company Secretary 4 February 2019
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kerier
Veteran |
04-Feb-2019 10:39
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yeah moron... like i need you to tell me lol..
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kerier
Veteran |
04-Feb-2019 10:36
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yah so why are asdew shrewd investors? because they accepted the shares at 0.27? if there' s something so good, then its time for them to pump up their stake. 
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trademaster
Supreme |
04-Feb-2019 10:31
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Lol. If trading /investing is so simple, everyone like u can see and know, majority will be millionaire.
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ahhuat08
Elite |
04-Feb-2019 10:28
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The only winners for Ezion are the shortists, Longs only enjoy very brief moments of gains. 
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kerier
Veteran |
04-Feb-2019 10:26
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lol... loss is loss. temasek got their shares at 0.21.. now 0.049? 
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ahhuat08
Elite |
04-Feb-2019 10:23
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its either 27 cts or nothing, they subscribed for the bonds and when ezion could not pay them the coupon, they hv no choice but to accept shares in return. They could hv gotten the bonds at much higher price. Just my conjecture, may not be the case, 
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trademaster
Supreme |
04-Feb-2019 10:18
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Asdew are shrewd investors, why would they accept shares at 0.27 ct? Go figure...
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ahhuat08
Elite |
04-Feb-2019 10:13
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Asdew has a paper loss of 4.8 million at this moment.  | ||||
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guards80
Supreme |
04-Feb-2019 10:13
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Lol good luck to you =)
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Sgvale
Supreme |
04-Feb-2019 10:13
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Pathing road for new investors to enter low & acceptable to shareholders.
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trademaster
Supreme |
04-Feb-2019 10:10
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13 mil sold at 50 , 13 mil sold at 51. Those shorted at 51, still can profit, those sold at 50 just lost commission not that bad. Today half day close early for cny 
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Richie81
Member |
04-Feb-2019 10:09
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Ezion is playing it damn smart. If the worst of news still hold around 0.05 then any news after that ( can only get better ) is going to propel it higher. Imagine trading halt and announce new investor or secured new credit lines.......haha! | ||||
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