| Latest Forum Topics / EMAS Offshore |
|
|
Newest IPO in SGX
|
|||||
|
granto
Master |
03-Oct-2017 07:20
|
||||
|
x 0
x 0 Alert Admin |
Emas Offshore reveals precarious debt position http://splash247.com/emas-offshore-reveals-precarious-debt-position/ | ||||
| Useful To Me Not Useful To Me | |||||
|
granto
Master |
26-Sep-2017 16:46
|
||||
|
x 0
x 0 Alert Admin |
Singapore court paves the way for Emas Offshore rescue plan http://splash247.com/singapore-court-paves-way-emas-offshore-rescue-plan/ | ||||
| Useful To Me Not Useful To Me | |||||
|
|
|||||
|
granto
Master |
04-Sep-2017 19:48
|
||||
|
x 0
x 0 Alert Admin |
Emas Offshore white knights revealed http://splash247.com/emas-offshore-white-knights-revealed/ | ||||
| Useful To Me Not Useful To Me | |||||
|
granto
Master |
01-Sep-2017 07:46
|
||||
|
x 0
x 0 Alert Admin |
Emas Offshore commences restructuring as white knight emerges http://splash247.com/emas-offshore-commences-restructuring-white-knight-emerges/ | ||||
| Useful To Me Not Useful To Me | |||||
|
granto
Master |
26-Jul-2017 19:44
|
||||
|
x 0
x 0 Alert Admin |
Emas Offshore subsidiary to go into liquidation http://splash247.com/emas-offshore-subsidiary-go-liquidation/ | ||||
| Useful To Me Not Useful To Me | |||||
|
|
|||||
|
pnuklis
Master |
07-Jul-2017 09:34
|
||||
|
x 0
x 0 Alert Admin |
What is going on Emas? No any quarterly reports, no any news. The parent shell company Ezra has filed chapter 11 in USA! Several people have vested in Singapore stock and what is SGX and Norway on this counter? Any debt restructuring plans or letting it to be taken over like Emas Cheoda? People are running the company as if everything is normal and share holders are left high and dry with suspention. KS Lee is the Chairman and what are board members doing? Either you go down or lift the suspension so that people can cash out? This is utter inaction from SGX who must query Emas of their intentions and future actions. Absalute silence is no solution. | ||||
| Useful To Me Not Useful To Me | |||||
|
laksaman57
Supreme |
18-Apr-2017 23:11
|
||||
|
x 0
x 0 Alert Admin |
http://www.theedgemarkets.com.sg/article/claim-against-ezra-lewek-champion-lease-widens-273-mil |
||||
| Useful To Me Not Useful To Me | |||||
|
granto
Master |
18-Apr-2017 17:06
|
||||
|
x 0
x 0 Alert Admin |
Emas Offshore faces being wound up after ICBC serves demand http://splash247.com/emas-offshore-faces-wound-icbc-serves-demand/ |
||||
| Useful To Me Not Useful To Me | |||||
|
|
|||||
|
pnuklis
Master |
10-Apr-2017 09:07
|
||||
|
x 0
x 0 Alert Admin |
EOL suspended due to not declaring the quarterly results. When will this entity go belly up? Any news about their chapter 11? These guys must be really strruggling with their day to day affairs with all banks choking any more lendings. People who have vested in this company must have given up. As of now EOL is not in any Chapter 11 situation as that applies to Ezra only and Cheoda. Any one with any news on this? Hoping some life is left in this!!!!!!!! |
||||
| Useful To Me Not Useful To Me | |||||
|
joebloggs
Senior |
05-Apr-2017 11:27
|
||||
|
x 0
x 0 Alert Admin |
http://emasoffshore.listedcompany.com/newsroom/20170404_220254_UQ4_AZ8ARJLIOMS5PLUO.1.pdf " Due to the current financial challenges experienced by EOL as well as the recent developments as announced, the Company will not be in a position to release the AR FY2016 within 9 May 2017 as previously announced. Nor will the Company be able to release the Q2 FY2017 and first half semi-annual FY2017 Report within 7 April 2017 as previously indicated. It is furthermore uncertain when and to which extent the Company will be able to release the relevant financial statements. Further updates will be provided as and when they arise" |
||||
| Useful To Me Not Useful To Me | |||||
|
Zindarion
Veteran |
01-Apr-2017 12:56
|
||||
|
x 0
x 0 Alert Admin |
Nothing to sad about it la
Gone with the wind Cont to feel the pain will not cure the wound Learn from mistake Move on
|
||||
| Useful To Me Not Useful To Me | |||||
|
peterz
Senior |
01-Apr-2017 11:57
|
||||
|
x 0
x 0 Alert Admin |
Bro, Sad to hear you lose 200K on O& G stocks. Maybe, you can buy property stocks,  for  instance,  Chip Eng Seng,  now. Property market is waking up now.    
|
||||
| Useful To Me Not Useful To Me | |||||
|
|
|||||
|
Zindarion
Veteran |
31-Mar-2017 13:31
|
||||
|
x 0
x 0 Alert Admin |
Bro, sad to hear that
My portfolio was quite heavy on O&G earlier. Linc, Emas &a A bit of Ezra (not significant) I tiok Chap 11 on Linc which I curse and swear will not repeat again. I have Emas with me until the last trading day which I dump everything. So quite Glad I never Hold Emas until today. I lose but no longer headache with it. O&G will come back but need time and Singapore was much slower for the massacre comparing to USA I decided to stay sideline on o&g to learn Total lose about 200k
|
||||
| Useful To Me Not Useful To Me | |||||
|
granto
Master |
31-Mar-2017 13:23
|
||||
|
x 0
x 0 Alert Admin |
EMAS Offshore fails to meet Seabird&rsquo s demands for millions http://splash247.com/emas-offshore-fails-meet-seabirds-demands-millions/ |
||||
| Useful To Me Not Useful To Me | |||||
|
peterz
Senior |
31-Mar-2017 08:46
|
||||
|
x 0
x 0 Alert Admin |
You are right.
|
||||
| Useful To Me Not Useful To Me | |||||
|
huangyuanhe
Supreme |
31-Mar-2017 00:08
Yells: "666" |
||||
|
x 0
x 0 Alert Admin |
Why did you in the 1st place invesr with a portfolio of so many O & G counters ?
Look at Swissco. Look at Tech Oil & Gas. Look at Swiber. Look at Ezra and EMAS. Why didnt you have a better spread of Portfolio ? E.g. F & B . PROPERTIES. In Singapore you know these 2 businesses the chances of making $$$ is higher. Who lost from properties development in Singapore ? Very seldom. So many gained from Properties Development here. (Same as HK) As for F & B. Look at F & B "micro" and "macro" perspectives. Let's talk about "micro". Do you believe a Rojak Stall can make net profit of more than $1 mil a year ? Dont believe ? Go to Clementi Central. " Macro ". Look at Sats Catering. You can consider to invest in Kimly - currently the Only Kopitiam Chain listed in Singapore. Soon, Koufu may be next. Just look at young generation. Who cooks nowadays ? Esoecially when both husbajd and wife working. Even children nowadays eat at least 2 meals outside. Lunch noodles. Dinner mixed veg rice. Kimly is a Profitable Business Model. Ita share price has potential to trend up to 60 - 90 cents Region. Like Sheng Siong. Like Jumbo. Many similarities if you observe closely. Kimly is now "consolidating mode". Dont miss out. Once it surges above 60 cents it will stay above 60 cents. Much like Jumbo.
|
||||
| Useful To Me Not Useful To Me | |||||
|
joebloggs
Senior |
23-Mar-2017 19:42
|
||||
|
x 0
x 0 Alert Admin |
http://www.newsweb.no/newsweb/search.do?messageId=423223      " The reason for the delay is according to EOL mainly :&rdquo As disclosed by the Company in Note 4 of the Q1 2017 results both EZRA and EOL will have going concern issues if discussions on on- going restructuring efforts are not favorably completed in a timely manner. Ezra is a guarantor to EOL' s various loans and sale and leaseback transactions, and as such, restructuring efforts at Ezra level is relevant as this may have a negative impact on EOL, including a delay in the conclusion of its fund &ndash raising activities - Taking into consideration the discussion above, the outcome of which is uncertain and beyond the control of EOL, it is therefore the view of EOL that to have the audit report signed off without sufficiently more clarity will not be prudent and would entail significant risks" . Furthermore EOL states that " As the delay is caused by circumstances beyond the Company' s control and furthermore that the Company is not able to release the AR2016 report without risking to prejudice its legitimate interests, the Company asks Finanstilsynet to re-consider the need to impose a violation charge given the current circumstances for the company." |
||||
| Useful To Me Not Useful To Me | |||||
|
peterz
Senior |
21-Mar-2017 11:47
|
||||
|
x 0
x 0 Alert Admin |
My feeling was correct. Now both EZRA and EMAS were suspended. I also lost money at KrisEnergy and Mirach Energy, totally about S$35K. Sad, never touch oil and gas stocks recently.    
|
||||
| Useful To Me Not Useful To Me | |||||
|
Octavia
Supreme |
21-Mar-2017 09:30
|
||||
|
x 0
x 0 Alert Admin |
EMAS Offshore disclosed that it might be negatively impacted by parent Ezra&rsquo s Chapter 11 filing. As at 30 Nov, EMAS has US$566m loans owing to banks, of which US$242m/US$193m are fully/jointly guaranteed or secured by Ezra. Aside, EMAS also has US$177m of charter-party agreements that are either fully or jointly guaranteed by Ezra. In turn, EMAS owes US$170m to Ezra, of which US$125m was subject to deferred payment over a period of three years. |
||||
| Useful To Me Not Useful To Me | |||||
|
granto
Master |
21-Mar-2017 05:39
|
||||
|
x 0
x 0 Alert Admin |
EMAS Offshore admits it might struggle to carry on in wake of Ezra bankruptcy filing http://splash247.com/emas-offshore-admits-might-struggle-carry-wake-ezra-bankruptcy-filing/ |
||||
| Useful To Me Not Useful To Me | |||||

