| Latest Forum Topics / Ezra Last:0.011 -- |
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EZRA HOLDINGS - RED HOT NEWS
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anthonykwong
Supreme |
31-Jan-2017 19:08
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Dont understand why people still dare to touch ezra after recent swiber case. | ||||
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happyharvest
Elite |
31-Jan-2017 18:00
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I.C. Thanks for the infor
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pool100
Veteran |
31-Jan-2017 17:32
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I don' t have insider news. I just happen to know maritime lawyers in the US and some of them are based in Houston. This is not insider news. All lawsuits are open to the public in the US. I' m just surprised that Ezra has not made any announcements on this to SGX. Thought their IR is always first to announce contracts with lots of fireworks but when comes to bad news like this, they keep quiet. Default in charter hire payments is not the same as being sued in lawsuit. The latter is a lot more serious and could have serious financial implications to Ezra as they' re the guarantor for Emas Chiyoda.
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granto
Master |
31-Jan-2017 17:12
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Bibby demands arbitration with Emas Chiyoda Subsea over $14m owed: http://splash247.com/bibby-demands-arbitration-emas-chiyoda-subsea-18m-owed/ |
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kerier
Veteran |
31-Jan-2017 15:23
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Should be for non payment of charter as reported in the news previously.
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joebloggs
Senior |
31-Jan-2017 14:55
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Any idea what the case is about?
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happyharvest
Elite |
31-Jan-2017 13:31
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how come you have so many insider news. not fair
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pool100
Veteran |
31-Jan-2017 12:07
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Heard from my contact in Houston that lawsuits against Emas Chiyoda has been filed against them over the weekend in the US. Expect some announcements from Ezra soon. |
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joebloggs
Senior |
27-Jan-2017 18:24
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Hopefully that was a joke, otherwise could be seen as jumping from the fat into the fire..........
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happyharvest
Elite |
27-Jan-2017 17:20
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directors from Ezion should help to oust the useless management out .lol
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joebloggs
Senior |
27-Jan-2017 16:26
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Maybe should do same as IHC, new board of directors who can look into all matters in relation to EZRA and its subsidiaries 
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lglg666
Supreme |
27-Jan-2017 11:21
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Yes.....high time to have a shareholders' revolt and to serve notice to management that's crappy performance is not acceptable!! 👌
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happyharvest
Elite |
27-Jan-2017 11:12
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The system must change. A revolution is needed for a better world. Gold digger mangement should be fired too.
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sheerluck
Supreme |
27-Jan-2017 10:13
Yells: "Work for your money first then let your money work for you" |
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employee who perfrom can also be fired iunder the name of company " restructuring" .   Mgmt also got privilages.   Poor performance   they just say will do better next time or even better say nothing at all.   Blame it all to the market condition.   Mgmt always safe.
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happyharvest
Elite |
27-Jan-2017 09:34
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When an employee underperformed he is fired. Likewise management team should be fired too for poor performance of the company
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Msport
Elite |
27-Jan-2017 08:25
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dun worry... EZRA will pull thro...  if not jap will take over...  |
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happyharvest
Elite |
26-Jan-2017 23:46
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Is time to change management and CEO
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sheerluck
Supreme |
26-Jan-2017 23:23
Yells: "Work for your money first then let your money work for you" |
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This one better dont save.   The faster this coy is out of the public domain, the less misery it will hand out to the poor retailer investors.   Banks should bite the bullet and cut the line.   This one has caused enough damage already.   |
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pool100
Veteran |
26-Jan-2017 20:03
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    The main problem for Ezra is cash flow crunch. Most of their billion dollar deep water projects are lump sum milestone based. That means they will only get paid after completion of milestones. To do these kind of projects, cash flow must be strong so that they can execute projects until milestone completion. But right now even small suppliers have stopped supplying due to non payment. It doesn' t bode well at all. this happened to Swiber last time before they closed shop. It' s almost like deja vu all over again.  The stars are getting aligned. First the default of charter hire payment by emas chiyoda, then perisai troubles and now the silence from the company regarding their financial reporting delay. Seems that it' s not a matter of if, but rather when.  |
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zandlery
Supreme |
26-Jan-2017 19:35
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Eventually still have to pay back and if they still do badly......how they going to pay? New project going? Many other offshore related companies start to diversify to survive. Ezra have been focus too much in deep sea support....difficulty in diversify
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