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EZRA HOLDINGS - RED HOT NEWS
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sriramanv
Master |
24-Apr-2016 01:28
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every time this counter has rumours...whenever rumour i buy and get out after the rumour becomes no effect...with chiyoda, privatisation etc., last friday i picked up another 1000 lots based on this rumor...lets see what happens...otherwise will offload again.
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happyharvest
Elite |
24-Apr-2016 01:18
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where can I find this information about hasbah gas project which is the consortium of EMAS?
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rayzer85
Member |
24-Apr-2016 01:09
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The $2b contracts are not evenly split. It consists of a few projects, and the " jewel" of them all is the Hasbah gas project, which the consortium of EMAS + LTHE supposedly won just this week ... Let' s see what comes out this coming week. This will be exciting!
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happyharvest
Elite |
24-Apr-2016 00:52
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http://www.rigzone.com/news/oil_gas/a/139499/EMAS_AMCLTHE_JV_Signs_6_Year_Deal_with_Saudi_Aramco_for_Offshore_Work
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happyharvest
Elite |
24-Apr-2016 00:44
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2billion shared by 3 contractors, so only about half a billion worth of contract for each contractors. But I still can' t figure out why the share price still can' t go up when there is so much development already
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jlim777
Senior |
24-Apr-2016 00:01
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http://www.upstreamonline.com/live/1430464/aramco-primes-usd-2bn-contract-awards Here, it said will award contracts to 3 long term agreement contractor. Ezra is one of the LTA contractor.
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jlim777
Senior |
23-Apr-2016 23:51
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http://www.argaam.com/en/article/articledetail/id/418541 There are 4 front-runners and there are 4 contracts will be awarded. Does it mean everyone got a contract?
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rayzer85
Member |
23-Apr-2016 22:51
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Can' t see how it can  be a mix up, as the rumors were based around a big EPIC contract win from a major middle east Client.  During the results announcement EMAS Chiyoda mentioned that there are $2b worth of tenders  pending  award.  This $1.5b contract is part of the $2b
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rayzer85
Member |
23-Apr-2016 22:44
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Yes, it' s the Hasbah field development project. Saudi Aramco is the end Client. It was supposed to be awarded earlier this year but there were several rounds of negotiation ... and  finally it was awarded a few days ago.  EMAS Chiyoda was in a  good position  prior to award ... so if they indeed won, perhaps we will hear something this coming week! 
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happyharvest
Elite |
23-Apr-2016 17:41
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Normally such juicy news will cause some insider trading. I will take this as a case study
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Lucky03
Elite |
23-Apr-2016 17:37
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Or the market got mixed up with the divestment of PV Keez which owns EMAS Lewek ? This transaction is supposed to be completed no later than 30 Jun 2016 and should help to improve Ezra balance sheet. Still, there must be business growth or drastic cost cutting measures or Q3 will report further big loss.
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sharenewbie0301
Veteran |
23-Apr-2016 15:18
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The 1.5b project is from aramco?? How confirm is the news?
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rayzer85
Member |
23-Apr-2016 15:14
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Awaiting for media release perhaps?
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Lucky03
Elite |
23-Apr-2016 10:07
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Probably below $0.10.
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Jeromelow
Senior |
22-Apr-2016 20:37
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buying at 10 cents? |
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happyharvest
Elite |
22-Apr-2016 20:31
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if true it would already be reflected in the share price but nothing happen to the price leh
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rayzer85
Member |
22-Apr-2016 17:21
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Barcalo did you hear something similar as well?
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rayzer85
Member |
22-Apr-2016 17:17
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I  wouldn' t think this is insider news as these are words/rumours on the street. Perhaps those  who are not in the O& G business may not be aware, but within the O& G industry (ie suppliers, vendors etc) definitely there has been some  talks  going about.   
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sharenewbie0301
Veteran |
22-Apr-2016 16:38
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Its not just rumours?
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mikelee82
Member |
22-Apr-2016 16:29
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Is this considered as  an insider news?
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