| Latest Forum Topics / Ezra Last:0.011 -- |
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Blackhorse
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KepoChicken
Master |
04-Jun-2015 09:11
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today all ppl attack this stock..
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ronleech
Elite |
04-Jun-2015 09:09
Yells: "Believe in yourself. Ride with the waves......" |
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This counter is going bust i guess.. proposed to raise 300M when their mkt cap is only around that region? Better sell before it become a worthless paper. |
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Observers
Elite |
04-Jun-2015 09:04
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If I were China, Japan or any other oil importing nation, I would try to make sure the price of oil is at a level where the US shale oil industry and any other non-Opec oil exporting industry can survive. But more interesting is, whenever crude oil related articles appear nowadays, they only talk about the low- cost Mid-East, Russian producers and the mid-cost North American shale oil. Nobody talks about deep sea anymore. 
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Jimmykohkk
Master |
04-Jun-2015 08:48
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hahahaha.. u started insulting me first what.. :) cheers.. for fun la.. if not this market very boring.. Anyway i got this feeling the management will push the price up just before the EGM to make it look " nice" so that they can avoid all the questioning and finger poiniting during the EGM. So perhaps buy 1 week before EGM ? :) Cheers.. anyway i admit i am not an expert.. i dun think expert will be here, they will be enjoy their millions $$$ in overseas tour  now :)
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Shifu8888
Supreme |
04-Jun-2015 08:46
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Jimmy, if u had written this way, u will vindicate what I had mentioned about u being "amateur". Has Ezra released the rights price? No point engaging in war of words. It's getting nowhere. Time will tell. Anyway I will continue my strategy of picking durians along the way. Spread my own ammo as usual. My pov. All the best.
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Jimmykohkk
Master |
04-Jun-2015 08:41
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yap correct.. OSIM Dropped to  6 cents from $1.. then goes up... so when is the best time to buy??? at the lowest obviously. So are u saying Ezra has the potential to drop to 6 cents too? Since OSIM is much much better than Ezra. So I follow ur advice .. i wait until Ezra drop to 6 cents then I buy and then i wait for the rights issue to be completed and then the price will rocket right? So u are correct, we shd all wait for the flushing then we buy. After the right issues, stronger balance sheet , we shd see happier days. Thanks for ur advice
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Shifu8888
Supreme |
04-Jun-2015 08:40
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Thanks
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Jimmykohkk
Master |
04-Jun-2015 08:36
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wow expert
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edwinjup
Supreme |
04-Jun-2015 08:30
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Ocbc call for a sell...tp 26c
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Lucky03
Elite |
04-Jun-2015 08:28
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For reading pleasure. Maybe Ezra should study if they have room to play in shale gas market since OPEC has learnt to live with them. Given that shale oil production can be profitable around US$60-65, we may see oil hovering around US$60 for a while. In the meantime, LL will keep all in suspense of the rights share pricing. I suspect they are holding out for higher level but that can only happen if they announce some wins or deliveries quickly to show that they are still operationally healthy and growing though profit is expected to dip.
OPEC changes approach to US shale oil AFP News 1 hr ago Caroline Varin The OPEC cartel, which meets on output this week, appears to have changed its approach to US shale oil -- which it now welcomes as part of the global energy landscape. "Shale oil is a phenomenon that will stay with us. We have to live together and find a balance," OPEC Secretary-General Abdullah El-Badri told delegates at a seminar in Vienna on Wednesday, ahead of the cartel's scheduled production meeting on Friday. OPEC's decision not to limit output in November was perceived by market traders as a tactical attempt to maintain its share of a market flooded by a vast supply glut -- partly caused by US shale. Over the past five years, OPEC has shrugged off talk that the US shale energy revolution would weaken the influence of the cartel, whose 12 member nations pump 30 percent of the world's crude. The United States has since significantly ramped up its production of oil extracted from hard-to-reach shale, or sedimentary rock, now producing 5.0 million barrels of oil per day and far less dependent on imports from the crude-rich Middle East. "We're not thinking or imagining or dreaming that shale oil producers are not going to be there. We want them to be," said United Arab Emirates Energy Minister Suhail al-Mazrouei. "They are a very good balance for the market. We want everyone to share the responsibility of balancing the market," he told the audience at the seminar, which included chief executives from energy majors BP, Chevron, Eni, ExxonMobil and Total. World oil prices tumbled between June 2014 and January on the back of faltering global energy demand and worsening oversupply -- which many observers regard as being fuelled by booming US shale oil exploration and production. - 'Pyrrhic victory' - OPEC opted to keep its official production ceiling at 30 million barrels per day in November, a strategy backed by kingpin Saudi Arabia aimed at boosting demand, lowering prices and hurting non-OPEC output -- particularly US shale producers that have far higher costs. In the wake of the decision, the global oil market collapsed further to strike six-year low points in late January -- but they have since recovered to stand at around $60 per barrel. Yet Citi analyst Eric Lee argued this was a "pyrrhic" victory for the cartel. "Ahead of the OPEC meeting this Friday, some might pronounce OPEC as having 'won' the first round against shale, but in such a framing, it's a pyrrhic victory, with Brent prices down from the peak of $115 last June to $64 at the time of writing," Lee wrote in a research note. "A better analogy is that shale has been a massive new competitor... and OPEC has had to make room, and take lower prices in order to keep market share." Natixis analyst Abhishek Deshpande added: "It's become apparent that shale oil is profitable around $60-$65 per barrel level. "We knew OPEC could not restrain US production for too long." Chevron chief executive John Watson, addressing the Vienna seminar on Wednesday, said that the cartel was facing a "brave new market". "The difference today is that OPEC is choosing to produce and not managing the market," Watson told delegates. "Most of the discussion has been around us shale oil, and it has been a remarkable revolution in the United States... We are producing close to 5.0 million barrels per day that no one expected, and shale oil will be a balancing mechanism to some degree over the next few years." |
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Shifu8888
Supreme |
04-Jun-2015 08:18
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Pls note that their balance sheet will be beefed up after this rights. They are flushing out some investors..... Check what happened to OSIM in 2008 or so? Templeton dumped the shares till $0.06 or so. They did some rights to balance the balance sheet after a lousy investment in Blackstone (forgot the name). OSIM did a good flushing out and founders bought cheap shares.... My pov. | ||||
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Jimmykohkk
Master |
04-Jun-2015 08:17
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oh.. anyway  i will  vest based on the  price/time  pattern from Pacific Andes, Swiber etc.. once i know the right issue pricing :) Shd be waiting patiently  
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edwinjup
Supreme |
04-Jun-2015 08:13
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They wont say...
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Jimmykohkk
Master |
04-Jun-2015 08:11
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It nows all depends on  how the management fix the rights issue price liao. I think they having an EGM on this, maybe can ask the management.
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Shifu8888
Supreme |
04-Jun-2015 08:11
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Ex rights NTa will be like $1.00 and your mentioning of $0.10 will make it 0.10 PB. It's unimaginable. The rights will be fully underwritten which means the controlling shh is super confident of future and MR has also underwritten it. Who is collecting? Even if they got the excess rights, BB price will not be $0.10. At $0.10, LL and family better take it private of Some chaebol conglomerate may make an offer.
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risktaker
Supreme |
04-Jun-2015 08:09
Yells: "Posts are opinions. Do not take it as investment advise " |
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Wait after results .... 1 more month only.. bro
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edwinjup
Supreme |
04-Jun-2015 08:08
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If right price below 20c...possible risk the share will trade below 20c...and share might undergo share consolidation......sian
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Shifu8888
Supreme |
04-Jun-2015 08:07
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Jimmy, the dilutive effect is only 30% or so. If u realize the trend, there are some invisible hand that keep collecting the shares at 33 odd. I have been trading Ezra since they had been listed. Their style is "durian-style" during rights. Let it fall and collect. After rights, they will pump like nobody business. At Nta $1.50 odd, 30% dilutive will make it like $
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Jimmykohkk
Master |
04-Jun-2015 08:02
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Why it is amateur ?? can explain Technically is correct to say they will issue rights at 10 cents if they are to raise about $200 million becos they  annouced they plan for a  2 for 1 rights issue. As " Observers" has pointed out correctly, if market bull returns and share price increases, then they may just change their plan to 1 for 1 rights issue, in this case, the right issue will be priced at 20 cents.  1 for 1  will be better than 2 for 1 as it is less dilutive. And what is wrong to say if the rights issue is priced at 10 cents (worst case scenario), then share price would not drop towards 15 cents? becos theoritcally, (10 + 10 + 34) / 3 = 16.7 cents ex rights.. and there are cases for example Pacific Andes when the share price drop towards the rights issue price. Of course the best scenario is bull returns, share price goes up to 50 cents, then the management would have to  amend the right issue so that it will benefit small investors more. Right now, i dun think the right issue is beneficial to the small investors based on what they say. To raise $200 million for a 2 to 1 right issue based on a share capital of 1000,000 lots of mother shares means they would have to price the rights issue at 10 cents since there will be 2000,000 lots of rights to be issued based on the ratio of 2 : 1. ie:  For ever 1 lot mother share, 2 lots of rights  will be issued.  So 2000,000 lots of right x $100 = $200000000 = $200 million. So the above calculation is wrong??? amateurish? why dun u give us ur calculation??? thanks    
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Jimmykohkk
Master |
04-Jun-2015 07:51
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Then pls stop posting personal insult.. thanks.. ur posting of    " Amateur"     is not value adding and waste bandwidth Thanks.
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