| Latest Forum Topics / Ezra Last:0.011 -- |
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YOMA
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teeth53
Supreme |
03-Mar-2016 09:11
Yells: "don't learn through life, learn to grow with life " |
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Top performent for Ezra....kaka lai...hoot...argh. Huat...argh. | ||||
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danger
Supreme |
03-Mar-2016 08:30
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Oil surging to $34.67 | ||||
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lglg666
Supreme |
03-Mar-2016 08:19
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Hope with all the money from the sales of the properties would be used to scoop more of Emas Offshore. Very cheap if share price now compared to its NAV. Still sitting not too far from the bottom.
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Lucky03
Elite |
03-Mar-2016 06:52
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Ezra's Lee family puts Sentosa bungalow up for sale
The price tag is said to be S$26m, and follows sale of a GCB by family last October By Kalpana [email protected]@KalpanaBT Anita [email protected]@AnitaGabrielBT BT_20160303_KRAGEZRA3B_2146801.jpg The Sentosa Cove bungalow (above) is held by Lee Kian Soo, Ezra's founder and chairman and father of Lionel Lee, the group's CEO. PHOTO: ARTHUR LEE COMMENTSSHARE MAR 3, 20165:50 AM Singapore EZRA Holdings' Lee family has put their waterway-fronting Sentosa Cove bungalow on the block, months after they sold a Good Class Bungalow (GCB) along Windsor Park Road last October for a cool S$22 million. The Business Times understands that the exclusive two-storey five-bedroom property in the South Cove precinct was put on the market after the Chinese New Year festivities. It comes with a price tag of S$26 million, or S$2,258 per square foot on land area, which industry watchers deem "reasonable". The property is held by Lee Kian Soo, Ezra's founder and chairman and father of Lionel Lee, the offshore marine firm's chief executive and managing director. Based on a corporate profile search, the Sentosa Cove property is listed as Mr Lionel Lee's address. The property, which boasts a private berth, has a total floor area of 12,400 sq ft and a land area of 11,515 sq ft. The bungalow is on a site with a balance lease term of about 91 years. The most recent transaction of a villa on Sentosa Cove was in the fourth quarter of last year, when a bungalow along Lakeshore View fronting Serapong Golf Course sold for S$23.8 million or S$2,775 psf. This was the highest price (on psf of land) fetched by a bungalow in the waterfront housing district in more than two years. In October last year, Mr Lionel Lee and his mother Goh Gaik Choo are said to have sold their Balinese-style GCB located off Upper Thomson Road for S$21.8 million the price translated to $1,070 psf on the freehold land area of 20,383 sq ft. Completed in 2006, the house has two storeys, a basement carpark and a roof terrace for functions. These properties are not the only assets that have been shuffled or sold by the family, particularly by Mr Lionel Lee, in recent months. Last month, the 42-year-old unloaded 20 million shares in Catalist-listed Select Group for S$7.1 million to his mother Ms Goh, cutting his stake from 23 per cent to some 9 per cent in the food caterer. In late January, he forked out S$60,200 to scoop up one million Ezra shares, barely two weeks after a forced sale of 11.5 million Ezra shares which were held by his private vehicle. The forced sale of S$913,341 worth of Ezra shares on Jan 12 was triggered by the sharp fall in the counter which had caused covenants of a banking facility to be breached. It was reported that the shares were pledged for a loan facility for a company unrelated to Ezra. Despite its recent pick-up, Ezra's stock price has suffered a hammering, having lost over 20 per cent of its value this year - it's down over 75 per cent from a year ago - amid a slumping oil and gas market with pundits expecting more pain ahead before things look up. The oil rout - there have been hopeful intervals of higher prices - has led to spending cuts, layoffs and less contracts to dish out, all of which have hit industry players hard. The Lees' flagship firm Ezra and its other listed subsidiaries have not been spared. The gloomy backdrop has led to a complete turnabout in the company's fortunes with Ezra reporting its first ever quarterly loss of US$55 million over the quarter ended Nov 2015. Ezra's other divisions, subsea services provider EMAS offshore suffered a similar fate over the period while its fabrication arm Triyards held up relatively better although profits dived 25 per cent largely owing to the absence of a one-off gain reported a year back. The company has also seen a string of board and management changes over the past year. The elder Mr Lee, a corporate veteran, assumed the post of Ezra chairman - again - in February after Koh Poh Tiong stepped down from the position he held for three years Mr Lee, the founding chairman had earlier held this position till late 2012. In late January, its chief financial officer Eugene Cheng stepped down citing "personal and family reasons" and in place, Triyards chief executive Chan Eng Yew was appointed interim CFO - he holds both positions concurrently. |
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pinkowl
Supreme |
02-Mar-2016 23:04
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Unfortunately, i have to agree with kamal. Your extremely positive and optimistic posts when presented in large and bold font and big cap can really mislead a lot of newbies.
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pnuklis
Master |
02-Mar-2016 22:40
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Hi Bro Kamal, Danger has a point Lionel and Lee family the way they have handled the management has got this company to this position. Be it hiring Angmo' s or buying assets like distressed Kuranguni stuff. If you want to build up a fleet you dont need to buy a ship building yard which is a big liability and in this downturn it will struggle with delaying deliveries, cancellations, and impairments. If they had limited to repair yard to maintain their own ships would have been sensible like Pacific Radiane has done. This turkey is brain dead and hopeless and now playing in to Banks who are forcing them to buy PRM vessels and lay them up. Good luck with Lee and Lionel. |
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Huat1368
Veteran |
02-Mar-2016 22:25
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Shares consolidation of 8 into 1 share has been postponed to Sep 2016, so it has more time to pump up to $0.20 and then consolidation is not needed... | ||||
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Huat1368
Veteran |
02-Mar-2016 22:16
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Share consolidation of 8 into 1 share has been postponed to Sep 2016, so have more time to pump up to $0.20 and then no consolidation is not needed... | ||||
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teeth53
Supreme |
02-Mar-2016 17:07
Yells: "don't learn through life, learn to grow with life " |
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Players from Spacky is turning to O&G play...:) Ezra huat...argh.
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littleones
Veteran |
02-Mar-2016 16:21
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Pennies are only good for trading if they needs to consolidate their shares.   My experience with share consolidation is that the consolidated shares can get cheaper and need to be consolidated again if it fall below the MTP.   MTP is bad for investors
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treetops
Elite |
02-Mar-2016 16:16
Yells: "Moments Today, Memories Tomorrow!" |
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Even it consolidate 8 shares into 1 also can' t reach a dollar yet...
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danger
Supreme |
02-Mar-2016 16:09
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IF EZRA SURVIVES FOR NEXT 10 YEARS , 7 + CENT PRICE TO PAY FOR THE FUTURE IS WORTH IT ELSE JUST WRITE OFF 7 CENTS NOT $7 |
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danger
Supreme |
02-Mar-2016 16:06
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$7 IS A DREAM   BUT I SAID GOING FORWARD , THE ROOFTOP IS REALLY UNKNOWN NEVER SAY NEVER |
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KAMAL0883
Supreme |
02-Mar-2016 16:03
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you do have the point but dun give this kind of fat hope and misleading to ppl lah .... wait those kopi ah soh and  kopi ah pek really believe you  and use their coffin money bank into it haha.....  $7 ? as i said another 100 years also won' t happen
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danger
Supreme |
02-Mar-2016 16:00
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BRO KAMAL , GOOD TO SEE YOU STILL ALIVE AND KCIKING IN EZRA :) |
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danger
Supreme |
02-Mar-2016 15:59
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EZRA IPO was AROUND 30c only |
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KAMAL0883
Supreme |
02-Mar-2016 15:57
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$7 won' t happen lahhhhhhh even i can live till 100 year old also won' t happen $0.777 happy liao  
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littleones
Veteran |
02-Mar-2016 15:55
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So was Stratech.   It was IPOed at above 1 SGD but now is around 0.03 only. 
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danger
Supreme |
02-Mar-2016 15:54
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so now the priority for EZRA is push high high , such that the 6 months weighted average price to go above 20c ? |
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treetops
Elite |
02-Mar-2016 15:50
Yells: "Moments Today, Memories Tomorrow!" |
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Worth the risk bo? Share consolidation around the corner!  JAN news below: EMBATTLED oil and gas player Ezra Holdings is proposing an eight-to-one consolidation of its shares. Shareholders will vote on the proposal at an extraordinary general meeting to be convened. The share consolidation comes as the six-month volume-weighted average price of Ezra, at S$0.117, is below the minimum trading price requirement of S$0.20 for mainboard-listed stocks. Ezra last traded at S$0.07, up S$0.006 or 9.4 per cent.
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