| Latest Forum Topics / Ezra Last:0.011 -- |
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The Place Holdings on its next leg!
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GuavaXF30
Elite |
11-Mar-2016 16:12
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There were shortsellers active. Naturaly for them to do so seeing yesterday saw retracement after high volumes from previous few days as well as strong price run-ups. But now, at this hour, price recovering and holding so well, this last hour of trade is going to be interesting. For day shorters, they will have to cover. Likewise for the day  longist. But at least for day longist, they have more time.
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victortan
Elite |
11-Mar-2016 15:53
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Go open CFD acc, and learn how to short. It is gg to be very profitable Christmas, if not then you be celebrating Ching Min festival in 4Q.LOL |
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victortan
Elite |
11-Mar-2016 15:51
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But i base on fundamental wise, looking into the future is not so good. This Christmas hor everyone will be celebrating Ching Min Festival early. LOL |
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victortan
Elite |
11-Mar-2016 15:49
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Aiyo, no one can play God, but i try to guess, next week hor when oil go 40$, this one will be way above 13. I GUESS only. Right, i hero, Wrong, u be sorrow. LOL
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Rebound
Member |
11-Mar-2016 15:45
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The sign of buying is there.. But it' s not breaking out from 122.. Comments? |
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sharenewbie0301
Veteran |
11-Mar-2016 15:44
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I'm just waiting to exit with some profits. Hoepfully by monday
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victortan
Elite |
11-Mar-2016 15:39
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Ezra got future, looking strong, looking to trade another few round.:) haut ahhh. |
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chipchip66
Elite |
11-Mar-2016 15:31
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Sellers parking their buses and tankers out there. Hard to move unless throw few bazookas. 
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Octavia
Supreme |
11-Mar-2016 15:25
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Interest coming back again. Buy some for Monday rally. Oil px touching higher highs and S& P futures is green green. |
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Rebound
Member |
11-Mar-2016 15:24
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Hi... The exchange is very weird now... Is it accumulating or distributing? Any expert can share?? |
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chipchip66
Elite |
11-Mar-2016 14:51
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yeah was vested earlier and entered @ 12.2c but i saw too much selling pressure so let go @ 12.3c... So now just see my next entry..
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sharenewbie0301
Veteran |
11-Mar-2016 14:49
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How bout you? You vested?
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KAMAL0883
Supreme |
11-Mar-2016 14:48
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Thanks for sharing !!! look at EMAS px being capped and press down quickly seem quite likely they want to privatize EMAS
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sharenewbie0301
Veteran |
11-Mar-2016 14:32
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Wah but my exposure like too high. I think I shouldn't average down anymore. Just hoping for the best. I'm not really banking on privatisation though
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zhencheng
Member |
11-Mar-2016 14:29
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The writer must be shortist . Kapo go call ezra. | ||||
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Msport
Elite |
11-Mar-2016 14:28
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think its better they think of ways to pay down borrowing then to privatize..  |
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chipchip66
Elite |
11-Mar-2016 14:25
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As long as still top volume got chance for price to move up.. Just be prepared to pick up and wait for hangover to subside..
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sharenewbie0301
Veteran |
11-Mar-2016 14:23
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Yeah I'm still holding. But at average about 0.125 now. Still quite high
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jaslwsin
Member |
11-Mar-2016 14:21
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Thanks! 
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WhyWhy
Member |
11-Mar-2016 14:15
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Here' s the complete picture.. MARINE services firm Ezra Holdings and its subsea subsidiary Emas Off­ shore on Tuesday night issued identi­ cal statements, saying they were in talks on " possible transactions" ­ which quickly fuelled privatisation ru­ mours swirling in the market lately. But when contacted, an Ezra spokesman told BT that the company " is not aware of any such plan" . The announcements by the two companies followed queries by the Singapore Exchange (SGX) on the " unu­ sual volume movements" of their shares on Tuesday. " On an ongoing basis, the compa­ ny reviews options to enhance shareholders' value and . . . holds dis­ cussions with parties regarding possi­ ble transactions," both firms said in separate statements, adding, howev­ er, that no definitive agreement had been reached. The response was enough to fuel a 20 per cent jump in Ezra' s stock price on Wednesday while Emas Offshore gained 5 per cent. On Thursday, the two counters eased back 0.2 cent and 0.8 cent respectively. Hopeful investors were not alone market watchers too feel that Emas ­ listed less than two years ago in Octo­ ber 2014 - may be joining the start of a trend in delistings from the Singa­ pore bourse. The company is also list­ ed on the Norway Stock Exchange. If market expectations turn out to be prescient, an Emas exit would reignite the corporate scene, follow­ ing hot on the heels of the privatisa­ tion offer for OSIM International by its chairman and chief executive Ron Sim on Monday. " OSIM' s recent privatisation offer could lead to a new wave of situation­ al interest in small to medium caps," said DBS Group Research. Ezra and Emas shares, alongside those of many other small to mid-cap oil-and-gas plays, have seen a strong rebound this past fortnight given the recovery in oil prices. After being ham­ mered down, Ezra has more than dou­ bled while Emas has put on over 60 per cent in two weeks. At Thursday' s close of 13.1 Singa­ pore cents, Emas' s stock is way under its IPO price of S$1.21. Based on the current price and Ezra' s shareholding of just over 75 per cent, it would cost the parent just S$14 million to take Emas private. If privatisation is on Ezra' s mind, it would need to offer minority share­ holders a sweet deal for them to em­ brace the exit offer. Whatever that price may be, it would still be a big gap from its IPO price. Not everyone is convinced that Ezra, which is controlled by the Lee family and is helmed by its founder' s son, Lionel Lee, may go down the pri­ vatisation route soon. " Ezra' s biggest challenge for this exercise is whether the banks will sup­ port the exercise amid still gloomy prospects," an analyst said. Oil prices have rallied and lifted stocks in the sector but no one dares to sound the all clear. For one, the factors that have led to its collapse - global oversupply and weak demand - persist. Analysts say that oil prices need to remain stable for oil-and-gas compa­ nies to relook or increase their bud­ gets, which have been cut severely amid the slump. Until then, earnings clarity could continue to be elusive for companies such as Ezra, which posted its first ev­ er quarterly loss of US$55 million for the quarter ended November 2015 from a US$54 million profit a year ear­ lier. The results took into considera­ tion loss from discontinued opera­ tions of US$36.7 million, against a year-ago loss of US$17.1 million. Low­ er charter rates and vessel utilisation have also hurt Emas Offshore badly.
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