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ezion views
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kerier
Veteran |
04-Feb-2019 08:39
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Less than a year ago they made the investment.
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investshare
Supreme |
04-Feb-2019 08:38
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No surprise.
As I always said high oil price due to production cut will not help the equipment suppliers like Ezion.
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kt3152
Supreme |
04-Feb-2019 08:34
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Bro since when Temasek still have ezion?
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Shifu8888
Supreme |
04-Feb-2019 08:27
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The worst has happened. Will have to give back all the profit . Run far far as of Ezion has leprosy. | ||||
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kerier
Veteran |
04-Feb-2019 08:24
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And Temasek' s investment is gone.... 1) Half of liftboat fleet not working 2) No access to bank financing 3) Can' t collect money from customers 4) Further asset writedowns |
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rockman88
Senior |
04-Feb-2019 08:23
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Guardsmen drawing arms liao....   sibey jialat. Why choose this timing to announce ... shd announce earlier ma. See how market reacts later.
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Waterrat
Veteran |
04-Feb-2019 08:19
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Siao liao , free fall __________________________________________________________________________________ GENERAL BUSINESS UPDATES AND PROFIT GUIDANCE FOR THE GROUP&rsquo S UNAUDITED FINANCIAL RESULTS FOR THE FOURTH QUARTER AND TWELVE MONTHS ENDED 31 DECEMBER 2018 __________________________________________________________________________________ The Board of Directors (&ldquo Board&rdquo ) of Ezion Holdings Limited (the &ldquo Company&rdquo , together with its subsidiaries, collectively the &ldquo Group&rdquo ) wishes to provide the following business updates and profit guidance for the unaudited consolidated financial statements for the fourth quarter ended 31 December 2018 (&ldquo 4Q2018&rdquo ) and twelve months ended 31 December 2018 (&ldquo 12M2018&rdquo ), following a preliminary review of the draft unaudited management results to- date. Further to the third quarter financial statement announcement for the nine months ended 30 September 2018 (&ldquo 9M2018&rdquo ) where the Company mentioned that the execution of the security documents in relation to the loan agreements for all the secured lenders is expected to be completed by end of 2018. To date, the security documents for certain secured lenders are still being finalised. These delays have severely impacted the deployment of the vessels and the Group&rsquo s operations as the Group is unable to drawdown the required funds. The deployment plan for 2019 as disclosed in the third quarter financial statement announcement for the nine months ended 30 September 2018 has also been affected. This includes the following: &bull 2 of the Liftboats are rejected by a national oil company over concerns relating to operational and maintenance issues arising from the shortage of funds. &bull 1 Liftboat and 1 Jack-up Rig are delayed due to lack of funding to commence modifications required by an oil major. &bull 1 Liftboat encountered mechanical issues and requires funding for repairs. &bull The builder (under administration) for 1 Liftboat is contesting ownership. &bull 1 Jack-up Rig has to be redeployed and requires additional funding due to re-imposed sanctions on the country of deployment. These vessels can only be deployed when the above issues are resolved. |
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kt3152
Supreme |
04-Feb-2019 08:16
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Asdew probably already sold the 20m shares. No good. | ||||
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guards80
Supreme |
04-Feb-2019 08:06
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Run!!!! 🤭 🤭 🤭
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Lucas4
Veteran |
04-Feb-2019 07:52
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talk so much and express how to make losses | ||||
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kerier
Veteran |
04-Feb-2019 07:44
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Profit Guidance Issued https://links.sgx.com/FileOpen/Ezion_Ann_040219.ashx?App=Announcement& FileID=542679 |
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serious
Master |
03-Feb-2019 23:54
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Why Ezion owed Asdew this money ? Asdew lent Ezion the money before it went into financial trouble ? | ||||
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serious
Master |
03-Feb-2019 23:46
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Advantage to EZION , but lose lose to Asdew ! | ||||
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kt3152
Supreme |
03-Feb-2019 23:18
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Not discount. It is a premium over current share price.
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tonylim2
Veteran |
03-Feb-2019 16:18
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If he need raise cash , so just convert to shares and sell later ?
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ahhuat08
Elite |
03-Feb-2019 14:29
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apologies, should hv been discount. presumably, this is a pte subscrition agreement, Alan Wang needs to convert to shares, or else his initial outlay would hv been worthless, so better get something instead of letting the subscription lapsed.
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ahhuat08
Elite |
03-Feb-2019 14:17
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Alan Wang of Asdew has been a very shrewd investor, this time round it really baffles me why he wanna convert his covered call to ord shares at such a huge premium. | ||||
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Sgvale
Supreme |
02-Feb-2019 16:58
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Crude oil above USD 55. 安 啦 。 | ||||
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trademaster
Supreme |
02-Feb-2019 16:43
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My view. The fact that strong resistance at 55 is broken down and reached 57, before announcement means the news is good. Same observations for stocks before announce gd news, eg Rex the strong resistance at 78 was broken down hit 83 then drop back to 78 which made many cut loss then surge again after news announcement. If they want to sell, they will get BBs to push for them to sell ( not sure if I can say this, just my guessing not insider news) 
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Lucky03
Elite |
02-Feb-2019 11:27
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Asdew may be ready to take a controlling stake in Ezion with this conversion and if needed to mop up from the floor at rock bottom price. Maybe an M&A is on the table. That's Asdew's speciality.
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