| Latest Forum Topics / Ezra Last:0.011 -- |
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Hyflux
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Qanghoo
Supreme |
21-Jan-2016 08:27
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I think works both ways. 
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Observers
Elite |
21-Jan-2016 07:52
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The most important long term investment a man can make is to marry a good, traditional wife. |
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Qanghoo
Supreme |
21-Jan-2016 07:42
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Brother, I' ve not followed closely to be honest, so I wldn' t do justice to venture an opinion.  But I do recall reading abt KPT being with Ezra for a specific purpose n having completed what he was tapped for, he left.  Also noted from the Triyards BOD that a number who ceased after 2014 had actually served for 3 yrs (not sure if longer cos I did not drill to prior yrs).  So, perhaps  some of the  changes were timely.  On the flip side,I recall reading here suggestions that the SPost board might have more than its fair share of members who might have overstayed their sell-by date.  So, as outsider observers, we form opinions which may or may not be accurate.  When we post  or  blog, though, hope we cld try our best to be objective.
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queryit
Member |
21-Jan-2016 06:12
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Do you have any thoughts as to why the majority of the EZRA and Triyards Board Members stepped down during 2015?   https://www.linkedin.com/pulse/what-cause-effect-high-attrition-rates-board-members-julie-o-connor?trk=mp-author-card
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sheerluck
Supreme |
20-Jan-2016 22:48
Yells: "Work for your money first then let your money work for you" |
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Will an Emperor ever admit his mistake?  No way.  It will lose its authority among its subjects. So how about his official?  Who want to lose his head (post)?  So all just agree with the Emperor loh. SGX is the new " Emperor New Cloth" . 
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Qanghoo
Supreme |
20-Jan-2016 22:41
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I  think he did say it had declined even before oil.  Still, my personal read is, the analysis isn' t that inspiring.  One thing, if I recall correctly, is that oil majors started cutting back expenditure even before oil px itself started tanking.  N that probably affected Ezra.  For Noble, I recall there were issues of being affected by low cotton px.  The downturn of the Australian mining sector also was cruel to them.  So, during the commodity super cycle, everyone was happy.  When commodities nosedived people don' t seem to remember.  Lots of  " experts" point the finger at management.  I' m not saying management is blamless.  But if one had  the full slate of facts, both historical n current, n were to do  an objective assessment, perhaps he/she  might just  have thought  that more credit n  sympathy  wld have been  due, especially to  the Elderly man.  Wld he have grown Noble to what it is today if he did not have the vision, foresight n acuement to nurture it in the first place?  For Ezra, I believe the problem might have started with the high cost of acquisition of ANC.  Whether they miscalculated, had no clues  as to how to manage  their costs or were scuttled by events beyond their control after that, or the problem cld have been attributed to a combinatin of all factors,  I have not followed through so I can' t say.  By the same token, I wldn' t grade the stated writeup an " A" as I think the analysis isn' t sufficiently indepth.  N maybe, just maybe, the Lee pair of father n son deserves some credit n sympathy too. 
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teeth53
Supreme |
20-Jan-2016 22:23
Yells: "don't learn through life, learn to grow with life " |
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http://ezra.listedcompany.com/news.html/id/506381  
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pinkowl
Supreme |
20-Jan-2016 21:39
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富 不 过 三 代
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pinkowl
Supreme |
20-Jan-2016 21:37
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Agree with you on this. It's a terrible plan. It's almost similar to China's short circuit....creating fear, attracting shortists, creating unnecessary admin cost for company and most importantly...hurting investors. It should have long been scrapped. I've heard only bad things about it.
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paranomic123
Veteran |
20-Jan-2016 21:30
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Now .. will Hyflux be another Ezra.. Profits.. keeps falling? over the last 4 years..Debts builing up to   $1 Bil now..
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Qanghoo
Supreme |
20-Jan-2016 21:12
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Problem is also sgx n mas.  They insist on keeping this most terrible pain even when almost every where we are hearing negative feedback.  They probably introduced it with good intention.  But when it seemed to have failed, then they shd not go on flogging a dead horse, kept defending n glorifying it.  From day one, chng kays had developed an art of killing any stock tat undertook MTP.  Yet, apparently SGX didn' t seem to bother.  Of course, we also wonder why this coy is doing it at such a critically wrong time.  So, I think those vested have valid grds to feel being plugged. 
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queryit
Member |
20-Jan-2016 21:11
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Not sure I agree it' s all due to oil price.   If you look at the three charts in an article (link below) published by Chong Ser Jing on June 15th 2015, then some of the key business metrics for Ezra have been on a negative trend since 2011 well before the decline in the oil price in 2014. Chart 1, Ezra share price, negative trend even though the price of oil was close to US$100/barrel for 3.5 years. Chart 2, Ezra profit, in decline over the period and Chart 3, Ezra&rsquo s Return on Equity in decline whilst the Total Debt to Equity was increasing. Ezra&rsquo s performance over the past 5 years cannot be attributed to the decline in the Oil price which only commenced in mid-2014, there must be other business fundamentals at play https://www.fool.sg/2015/06/15/heres-why-ezra-holdings-limited-and-noble-group-limited-may-actually-deserve-their-shocking-price-declines/  
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alan5793
Veteran |
20-Jan-2016 21:04
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You are right, after 8 to 1 consolidation, they need money for their debts, operation costs ( CEO, Directors fee , staff salaries etc. The only way is right issue. Ezra needs at least two to three years to ride thru this disaster. However, this is not their faults, should blame on LOW oil price. We need to support the Right Issues, otherwise, they will go Bankruptcy.  
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buysellbuysell
Master |
20-Jan-2016 20:54
Yells: "someone please sell down low so that others can buy low" |
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Ezra is now $0.058 STRIKE !!! my heart goes out to those who longed earlier on... ezra if really consolidated 8 shares to 1, more snakes than ladders. maybe issue rights again after consolidation... DYODD.. my call is not buy for this counter, anything you buy in now is going to be paper, paper and more paper.... not money paper... but paper paper....... buysellbuysell       ( Date: 14-Jan-2016 20:48) Posted:  http://www.businesstimes.com.sg/companies-markets/ezra-holdings-posts-first-net-loss-of-us553m-since-listing  55.3 million lost vs   US$54.4 million net profit a year ago.  well it is not a big loss actually.55.3 mil is just only $55,300,000 USD ... 1.43 x 55.3 = ~ $79,000,000 SGD only  just need another rights issue and all will be well again for ezra probably...  buy ah.... all buy ah...... observe safety DYODD  maintain $0.05x  buysellbuysell       ( Date: 12-Jan-2016 16:44) Posted:  oil price going hay wire with USA interest rates rise and china yuan devaluation. expect the unexpected.oil will probably reach $20+ wil saudi and iran taps on all the way and iraq taps on all the way. iran have many ships offshore full of OIL.  think again whether i am saying the truth.  ezra ~$0.05x cts buysellbuysell       ( Date: 24-Aug-2015 22:24) Posted:   strike !   ezra reached never never land, dropped to below 0.10 cts, now it it 0.098 cts.  maintain sell call for this debt laden counter. low oil price will persist for quite awhile.  buysellbuysell       ( Date: 03-Jul-2015 19:11) Posted:   there will be more downtrend probably in the next week for ezra, 1 day drop 9 bids = 5.5%   and rights and going to be cheaper soon as well.   all those who hold ezra... think again.   is it good to hold now or is it good to hold later when the dust settles after the onslaught of shares flooding into the market.  buysellbuysell       ( Date: 26-Jun-2015 22:16) Posted:  ezra may go to never never land if really drop to below 0.10 cts. now it is 0.17x cts.   after rights float hit the share market. it may probably hit never never land.  buysellbuysell       ( Date: 19-Jun-2015 08:52) Posted:         Think again guys think again.   I' m not saying this so that I can short this counter.   |
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lawrence83
Senior |
20-Jan-2016 20:16
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Sold 2/3 of my shares at S$ 0.065 with a total loss of S$ 10k. Swear will never invest in this company anymore. :( |
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moron101
Supreme |
20-Jan-2016 20:13
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Looking back, I think the biggest aS5 h0lE is Chiyoda. Are they blind ? | ||||
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moron101
Supreme |
20-Jan-2016 19:38
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Can investors sue SGX ?
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sheerluck
Supreme |
20-Jan-2016 17:32
Yells: "Work for your money first then let your money work for you" |
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Thanks Bro, but I got private jet.  Sorry arh, no room for you.  I need to bring all my meimei with me.  So you run I fly OK? And I live happily ever after.  Shiok man!  The end!
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Qanghoo
Supreme |
20-Jan-2016 17:25
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Count myself lucky had to guts to quit at 9.  Otherwise, maybe run road together with Lionel Lee liao.  |
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dingbat
Veteran |
20-Jan-2016 17:16
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One pounding after another, will Chiyoda step in to shore up the price..... Kateks having a field day because Lionel is flailing. Ezra needs a white knight fast.   |
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