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anthonykwong Supreme	05-Feb-2017 23:05        anthonykwong About Contact  Quote this Post!
x 0   x 0  Alert Admin	Why not ? 4.8 cts -50% is 2.4 cts. Still have a lot of meat to short ezra. 1. Public Float is more than 65%. 2. BBs may even join to short ezra. 3. If BBs want to buy back their own company shares, why not do it at 0.1 cent / 0.2 cents ? As for those who dreaming of white knight, just look at what happened to the japanese in just 6 months More than half a billiion gone in just 6 months. Octavia      ( Date: 05-Feb-2017 22:41) Posted: If it opens 40-50% down you still dare to short.? mgkumar138      ( Date: 05-Feb-2017 19:08) Posted: Thanks ahhuat08! so a CFD account is not needed since i can somewhat do shorting here too?
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alishan Senior	05-Feb-2017 22:48        alishan About Contact  Quote this Post!
x 0   x 0  Alert Admin	Tonight is sleepless night for everybody: -   Shortists are afraid of BBs.   If shortists short at too low price & BBs do short squeeze, shortists could not cover at lower price.   -   Those who hold Ezra stocks are so sad if the price will crash further. They are not sure want to cut loss or to hold. -   The top mgmt worries whether any whiteknight can save Ezra or not sooner than later. -   Bankers (DBS, OCBC, UOB) worry whether need to write off or not.   -   Employees of Ezra also worry about their job future.   Top mgrs earning good money, golf club membership worry whether this year will be the last lohei for them in the company. -   SGX also worries whether the carnage will affect other stocks and stakeholders. If everybody worries so much and so sad, why not everybody sits down together tomorrow morning before market opens on how to solve this problem.
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Octavia Supreme	05-Feb-2017 22:41        Octavia About Contact  Quote this Post! Style: Flexible   Mood:
x 0   x 0  Alert Admin	If it opens 40-50% down you still dare to short.? mgkumar138      ( Date: 05-Feb-2017 19:08) Posted: Thanks ahhuat08! so a CFD account is not needed since i can somewhat do shorting here too?
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joebloggs Senior	05-Feb-2017 22:29        joebloggs About Contact  Quote this Post!
x 0   x 0  Alert Admin	Agree, tomorrow is going to be an interesting day........ sheerluck      ( Date: 05-Feb-2017 20:23) Posted: When EZRA claimed that Forland will not demand payment, I already find it strange.   Later really clarified that Forland diid demand payment.   EZRA really very dishonest.   Now in theory tml 8:30 am lift halt.   Scully last minute, announce suspension before marlet open then really horjio second time! sheerluck      ( Date: 03-Feb-2017 23:03) Posted: really horjio. now clarified forland did not agree to not pursue payment. What is wrong with coy nowadays? all just anyhow announced anyway their like. sgx life too easy liao. no wonder s-cheat all managed to cheat so easily
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sheerluck Supreme	05-Feb-2017 20:23        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 EZRA claimed that Forland will not demand payment, I already find it strange.   Later really clarified that Forland diid demand payment.   EZRA really very dishonest.   Now in theory tml 8:30 am lift halt.   Scully last minute, announce suspension before marlet open then really horjio second time! sheerluck      ( Date: 03-Feb-2017 23:03) Posted: really horjio. now clarified forland did not agree to not pursue payment. What is wrong with coy nowadays? all just anyhow announced anyway their like. sgx life too easy liao. no wonder s-cheat all managed to cheat so easily. sheerluck      ( Date: 03-Feb-2017 11:50) Posted:   Last reported NAV is US$233mil.   Likely to write off US$170mil from ECS so left with US$63mil.   EZRA operation and JV all losing money.   EMAS-AMC owe Forland money said Forland wouldn' t pursue?   So good.   Later Forland come out to dispute that then horjio. Likely negative equity in this coming results.   Bank plugged plug for a reason.   This vampire suck so much blood from public and yet lost even more.   All spent on helicopter trip to Penang for laksa and KTV with meimei? Hopeless piece of shit.   Close shop and mai continue to hai lang liao.   sad truth is owner and CEO will still be filthy rich!
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ahhuat08 Elite	05-Feb-2017 19:15        ahhuat08 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Yup u do not need a cfd ac to short, but pls note the scenarios that i mentioned in my posts. mgkumar138      ( Date: 05-Feb-2017 19:08) Posted: Thanks ahhuat08! so a CFD account is not needed since i can somewhat do shorting here too?
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mgkumar138 Member	05-Feb-2017 19:08        mgkumar138 About Contact  Quote this Post! Style: Flexible
x 0   x 0  Alert Admin	Thanks ahhuat08! so a CFD account is not needed since i can somewhat do shorting here too?
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ahhuat08 Elite	05-Feb-2017 18:54        ahhuat08 About Contact  Quote this Post!
x 0   x 0  Alert Admin	However, its dangerous to use this option cos the counter might be halted , in such an event, shx will initiate abuying in 3 trading days later, and u will be fined if sgx cannot find sellers for ur shorted counter. Its a naked short.   ahhuat08      ( Date: 05-Feb-2017 18:51) Posted: Every broking house in sg hv that short sell option. It is for traders who doesnt own the share and also doesnt hv the cfd ac to sell short any counter. Its a marking of sell orders reporting to sgx, and its usually covered within the same day. mgkumar138      ( Date: 05-Feb-2017 18:42) Posted: Hi guys newbie here! Would like to ask about short selling. Im using DBS vickers platform and have a small share in Ezra and was curious about short selling. I read that i would need a CFD account instead to short. But i noticed that DBS vickers has a short sell order option as well. would like to ask if it is an option to mark short selling, and hence letting Vickers know that i am shorting the stock or is it anything else? Read elsewhere that DBS vickers doesnt encourage shorting too. Thanks for the clarification!
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ahhuat08 Elite	05-Feb-2017 18:51        ahhuat08 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Every broking house in sg hv that short sell option. It is for traders who doesnt own the share and also doesnt hv the cfd ac to sell short any counter. Its a marking of sell orders reporting to sgx, and its usually covered within the same day. mgkumar138      ( Date: 05-Feb-2017 18:42) Posted: Hi guys newbie here! Would like to ask about short selling. Im using DBS vickers platform and have a small share in Ezra and was curious about short selling. I read that i would need a CFD account instead to short. But i noticed that DBS vickers has a short sell order option as well. would like to ask if it is an option to mark short selling, and hence letting Vickers know that i am shorting the stock or is it anything else? Read elsewhere that DBS vickers doesnt encourage shorting too. Thanks for the clarification!
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ahhuat08 Elite	05-Feb-2017 18:47        ahhuat08 About Contact  Quote this Post!
x 0   x 0  Alert Admin	The BBs know full well that there will be bloodshed on this. However, the BBs are also well aware the short positions in this counter. At the end of the day, who knows? The BBs might wanna kill the shortists with a big short squeeze. Just my 2 cts, not an inducement to trade.
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mgkumar138 Member	05-Feb-2017 18:42        mgkumar138 About Contact  Quote this Post! Style: Flexible
x 0   x 0  Alert Admin	Hi guys newbie here! Would like to ask about short selling. Im using DBS vickers platform and have a small share in Ezra and was curious about short selling. I read that i would need a CFD account instead to short. But i noticed that DBS vickers has a short sell order option as well. would like to ask if it is an option to mark short selling, and hence letting Vickers know that i am shorting the stock or is it anything else? Read elsewhere that DBS vickers doesnt encourage shorting too. Thanks for the clarification!
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Wind22i Supreme	05-Feb-2017 18:10        Wind22i About Contact  Quote this Post!
x 0   x 0  Alert Admin	52 week low = 0.037 Previous close =0.048 Friday preopening =0.029..
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dyingcat Veteran	05-Feb-2017 17:49        dyingcat About Contact  Quote this Post!
x 0   x 0  Alert Admin	We all know this is a risky stock. No point arguing here. Let's guess the opening price tmr. 4c?
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Immortal Master	05-Feb-2017 17:29        Immortal About Contact  Quote this Post!
x 0   x 0  Alert Admin	0.04 maybe but if debt restructured then not so bad
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laksaman57 Supreme	05-Feb-2017 13:16        laksaman57 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Deep water rig need oil price $60 to breakeven...difficult to hope Ezra can survive
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anthonykwong Supreme	05-Feb-2017 12:53        anthonykwong About Contact  Quote this Post!
x 0   x 0  Alert Admin	decision or illusion ? : ) Analogy Theory : say if a ltd entity restaurant the daily avg sales is only $ 100 and the expenses per day is $10 000, and partners owe suppliers $10 mil and the contracted lease is for 10 years, will you still will come out with your own money to throw $1 mil to throw into the restaurant and bear more of the liabilities and the daily expenses? churnw      ( Date: 05-Feb-2017 12:44) Posted: Usually is BB making the decision ... Up or down is by then..
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Wind22i Supreme	05-Feb-2017 12:45        Wind22i About Contact  Quote this Post!
x 0   x 0  Alert Admin	...at certain lvl they may come in to support..
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churnw Elite	05-Feb-2017 12:44        churnw About Contact  Quote this Post!
x 0   x 0  Alert Admin	Usually is BB making the decision ... Up or down is by then..
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Wind22i Supreme	05-Feb-2017 12:18        Wind22i About Contact  Quote this Post!
x 0   x 0  Alert Admin	Ezra has dropped from around ~1.50 in 2013 to now ~0.04 in 2017.. Its a remarkable loss/destruction of ~97% of shareholders value and capital.. the original shareholders must be crying all the way to the bank...all the best to those still holding on..
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anthonykwong Supreme	05-Feb-2017 12:10        anthonykwong About Contact  Quote this Post!
x 0   x 0  Alert Admin	Ok fair enough. Oil is not going to be obsolete for sure. Basis what you saying, maybe i should ask you : Which Oil - Related SGX counters you can recommend for us to consider ? Thanks. ticktock      ( Date: 05-Feb-2017 11:27) Posted: .....To complete....oil also used in lubricants which is required even if the vehicle runs on electricity as long as it has moving parts. Alternative energy source is required, being dependant only on crude/coal/NG is not a smart idea as availability is not unlimited. Oil price fall is Cyclic due to very high level of production last few years there is glut which will take time to be consumed by markets. China and US are buying huge reserves of oil but are running out of space to store...why do you think they are buying soo much oil at current price if its going to fall? Just want to decouple bad financial management of companies from future of sector. ticktock      ( Date: 05-Feb-2017 11:15) Posted: What you are mentioning is all over the internet, if the situation is soo dismal why are companies being acquired, Ezra, Swiber are cases of unsustainable debt. As for oil sector over 500 million cars sold in the last 5 years last few years every year is a record https://www.google.com.sg/amp/s/amp.businessinsider.com/2016-was-a-record-breaking-year-for-global-car-sales-and-it-was-almost-entirely-driven-by-china-2017-1 Jet fuel demand is on the rise as the no. Of airports and aircraft is increasing. Also, many people think crude oil only used for fuel but its also used in many products that we use daily even in electric vehicles the fuel
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