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Edward2 Senior	02-Mar-2019 11:28        Edward2 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Burn 390million a year ,still want find funds to burn .many in deep shit.even can funds to repair all rusting oil jigs also low chartered rate and default by customer .offshore cash burning industry .godly man hope more stragetic investors throw money to burn .result show all optismistic talk just to get funds in disguise .another Noble and Ezra just dragging and ask money to burn
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Wind22i Supreme	02-Mar-2019 11:26        Wind22i About Contact  Quote this Post!
x 0   x 0  Alert Admin	"Grace and peace of God be with you all"...! Is better than "good luck to you all"
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ahhuat08 Elite	02-Mar-2019 11:15        ahhuat08 About Contact  Quote this Post!
x 0   x 0  Alert Admin	This is the letter of 1st suspension, seriously, if they can turnaround this time it would be a miracle. Letter to Shareholders: Warm greetings. We have just released our second quarter financial statement for the six months ended 30th June 2017 (&ldquo Financial Statements&rdquo ) which reflected a difficult first half of 2017 experienced by the Group. Section 10 of the Financial Statements explains the outlook for the next 12 months and sets out the severe threats and opportunities the Group will be facing. We are nonetheless confident that with the Group&rsquo s efforts and focus as explained in paragraph 3 of section 10 of the Financial Statements, Ezion will become the industry leader in Self Propelled Service Rigs when the market eventually recovers. The management team will also be reorganized to provide better oversight in this current environment. However, the present difficulties faced by the Group have presented many challenges to the cashflows of the Group that will threaten the fundamental viability of the Group&rsquo s business if these challenges persist. It is therefore our intention to solve the problem comprehensively from all aspects and we will need to work together with all our stakeholders to discuss financing options. While the initial responses from our principal lenders appear positive, the details will need to be finalised. The outcome of the above discussions will very much determine if Ezion will survive the current crisis and emerge stronger than before. We have temporarily suspended the trading of Ezion Holdings Limited&rsquo s shares pending resolution of the above discussions with various stakeholders. With your understanding and prayers, we hope to achieve a favourable outcome that will be beneficial for all parties concerned. We will keep you updated of subsequent developments. Grace and peace of God be with you all. Dr Wang Kai Yuen Chairman Mr Chew Thiam Keng Chief Executive Officer
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ipolaris Senior	02-Mar-2019 11:12        ipolaris About Contact  Quote this Post!
x 0   x 0  Alert Admin	This fella is lurking around here ready to short big time once the trade suspension is lifted. You think he' ll waste his breathe here if he has nothing to gain? Anyway those who are vested will have their opinion and calculated risk and eliminate all the noises here.  notredame      ( Date: 02-Mar-2019 11:00) Posted: Save your own backside with your Best World investment first lah. Talk so much rubbish for what? huathuat88888      ( Date: 02-Mar-2019 10:48) Posted: If hardcore Ezion supoorters still do not understand how deep the s h i t is in Ezion, can easily refer to : Ezra Thread , Noble Thread (qtr after qtr losing hundreds of mils with a few VVVIP SSH but so what....it means nothing when a ship sank) , Swiber Thread, Hyflux Thread ....to understabd the meaning of a company in deep s h i t
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notredame Member	02-Mar-2019 11:00        notredame About Contact  Quote this Post!
x 0   x 0  Alert Admin	Save your own backside with your Best World investment first lah. Talk so much rubbish for what? huathuat88888      ( Date: 02-Mar-2019 10:48) Posted: If hardcore Ezion supoorters still do not understand how deep the s h i t is in Ezion, can easily refer to : Ezra Thread , Noble Thread (qtr after qtr losing hundreds of mils with a few VVVIP SSH but so what....it means nothing when a ship sank) , Swiber Thread, Hyflux Thread ....to understabd the meaning of a company in deep s h i t huathuat88888      ( Date: 02-Mar-2019 10:26) Posted: So callef strategic investor failed to understand this. If you pumped in US$500 mil, a lot of money will go into high monthly expenses such as mgtm staff salaries , accountants, engineers, maintenance, outsource contractors...etc and payment of bank loans before you can see any biz . Look what OPEC say recently. US Shale Oil is booming. Why would they go into offshore exploration when oil producers are reducing on oil production ? Reducing oil production means oil reserves are still abundant and under utilized . So why need to spend capex for offshore ? US SHALE OIL IS REALLY BOOMING. OPEC seems happy and contented to see Oil Price can still maintain US$ 50 to US$ 70 range. Go read what OPEC sec gen say
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notredame Member	02-Mar-2019 10:54        notredame About Contact  Quote this Post!
x 0   x 0  Alert Admin	This strategic investor must be in the  billionaire category and what does it take to reach there? Therefore, what is it that a small fry like you can see but yet they can' t?  ROFL huathuat88888      ( Date: 02-Mar-2019 10:26) Posted: So callef strategic investor failed to understand this. If you pumped in US$500 mil, a lot of money will go into high monthly expenses such as mgtm staff salaries , accountants, engineers, maintenance, outsource contractors...etc and payment of bank loans before you can see any biz . Look what OPEC say recently. US Shale Oil is booming. Why would they go into offshore exploration when oil producers are reducing on oil production ? Reducing oil production means oil reserves are still abundant and under utilized . So why need to spend capex for offshore ? US SHALE OIL IS REALLY BOOMING. OPEC seems happy and contented to see Oil Price can still maintain US$ 50 to US$ 70 range. Go read what OPEC sec gen say. huathuat88888      ( Date: 02-Mar-2019 00:05) Posted: Ezion 1 Qtr = loss of US$390.8 mil 1 Qtr Revenue = ONLY US$29.7 million You can see the high expenses involved. I think even Warren Buffet will "shake with fear" if you ask him to pump US $ 1 bil into Ezion. 1 year can easily wipe out more than US$ 1 BILLION. SCARY. Any so called White Knight will sure ask all creditors and shareholders to go for Brazilian Waxing before putting any money. And I am really curious who is the potential White Knight . US$ 500 mil can easily go buy a nice location Property Asset and collect steady rental income plus future value appreciation . Why throw into a sinking ship that need repairs with highly paid captain and crew ?
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huathuat88888 Elite	02-Mar-2019 10:48        huathuat88888 About Contact  Quote this Post!
x 0   x 0  Alert Admin	If hardcore Ezion supoorters still do not understand how deep the s h i t is in Ezion, can easily refer to : Ezra Thread , Noble Thread (qtr after qtr losing hundreds of mils with a few VVVIP SSH but so what....it means nothing when a ship sank) , Swiber Thread, Hyflux Thread ....to understabd the meaning of a company in deep s h i t huathuat88888      ( Date: 02-Mar-2019 10:26) Posted: So callef strategic investor failed to understand this. If you pumped in US$500 mil, a lot of money will go into high monthly expenses such as mgtm staff salaries , accountants, engineers, maintenance, outsource contractors...etc and payment of bank loans before you can see any biz . Look what OPEC say recently. US Shale Oil is booming. Why would they go into offshore exploration when oil producers are reducing on oil production ? Reducing oil production means oil reserves are still abundant and under utilized . So why need to spend capex for offshore ? US SHALE OIL IS REALLY BOOMING. OPEC seems happy and contented to see Oil Price can still maintain US$ 50 to US$ 70 range. Go read what OPEC sec gen say. huathuat88888      ( Date: 02-Mar-2019 00:05) Posted: Ezion 1 Qtr = loss of US$390.8 mil 1 Qtr Revenue = ONLY US$29.7 million You can see the high expenses involved. I think even Warren Buffet will "shake with fear" if you ask him to pump US $ 1 bil into Ezion. 1 year can easily wipe out more than US$ 1 BILLION. SCARY. Any so called White Knight will sure ask all creditors and shareholders to go for Brazilian Waxing before putting any money. And I am really curious who is the potential White Knight . US$ 500 mil can easily go buy a nice location Property Asset and collect steady rental income plus future value appreciation . Why throw into a sinking ship that need repairs with highly paid captain and crew ?
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huathuat88888 Elite	02-Mar-2019 10:26        huathuat88888 About Contact  Quote this Post!
x 0   x 0  Alert Admin	So callef strategic investor failed to understand this. If you pumped in US$500 mil, a lot of money will go into high monthly expenses such as mgtm staff salaries , accountants, engineers, maintenance, outsource contractors...etc and payment of bank loans before you can see any biz . Look what OPEC say recently. US Shale Oil is booming. Why would they go into offshore exploration when oil producers are reducing on oil production ? Reducing oil production means oil reserves are still abundant and under utilized . So why need to spend capex for offshore ? US SHALE OIL IS REALLY BOOMING. OPEC seems happy and contented to see Oil Price can still maintain US$ 50 to US$ 70 range. Go read what OPEC sec gen say. huathuat88888      ( Date: 02-Mar-2019 00:05) Posted: Ezion 1 Qtr = loss of US$390.8 mil 1 Qtr Revenue = ONLY US$29.7 million You can see the high expenses involved. I think even Warren Buffet will "shake with fear" if you ask him to pump US $ 1 bil into Ezion. 1 year can easily wipe out more than US$ 1 BILLION. SCARY. Any so called White Knight will sure ask all creditors and shareholders to go for Brazilian Waxing before putting any money. And I am really curious who is the potential White Knight . US$ 500 mil can easily go buy a nice location Property Asset and collect steady rental income plus future value appreciation . Why throw into a sinking ship that need repairs with highly paid captain and crew ?
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kerier Veteran	02-Mar-2019 09:57        kerier About Contact  Quote this Post!
x 0   x 0  Alert Admin	the value is when the company comes with as little debt as possible... else with $1b of bank loans secured with non-working vessels, there wont be any profits after paying the loans. notredame      ( Date: 02-Mar-2019 09:38) Posted: It' s pure common sense that this strategic investor sees value  before deciding to commit this far.  Sgvale      ( Date: 02-Mar-2019 08:41) Posted: Ezion asked shareholders to pray for the Company..... strategic investor in advance talk. But how much shareholders can get with the Company sinking deeper in red ? Strategic investor see values?
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trademaster Supreme	02-Mar-2019 09:45        trademaster About Contact  Quote this Post!
x 0   x 0  Alert Admin	Halt is good during this market correction period last week. Blessing in disguise.  On the other hand, If not halted, price would have fly up like last time again to almost 7 ct in 2 days if news leaked about the strategic partner discussion in advanced stage.  Better that after  deal done, unhalt, see price GAP up and run. Many shortists here caught n will panic big time.  notredame      ( Date: 02-Mar-2019 08:47) Posted: Do not forget there are many shortists here who will only magnify and spread bad news for their own benefits. It was halted and now suspended. They must be very upset as naked shortists have to pay penalty  and many others can' t leech on this counter for living for some time liao. So all start to  kpkb. They will be the first to fake panic selling once trading resume. Very very ' suay  kuan' people.
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notredame Member	02-Mar-2019 09:41        notredame About Contact  Quote this Post!
x 0   x 0  Alert Admin	You are right. Notice there' s only one strategic investor and not multiple. His stake must be very high. kerier      ( Date: 02-Mar-2019 09:31) Posted: I think this strategic investor will want the banks to agree to some haircut, suspension of repayments or to extend more credit facilities. No going to be easy since they just did the refinancing if they keep asking for more grace from the banks.
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Integrity Elite	02-Mar-2019 09:39        Integrity About Contact  Quote this Post!
x 0   x 0  Alert Admin	Either way, i don't think the price will still trade at 4 cts. Most likely much lower.
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notredame Member	02-Mar-2019 09:38        notredame About Contact  Quote this Post!
x 0   x 0  Alert Admin	It' s pure common sense that this strategic investor sees value  before deciding to commit this far.  Sgvale      ( Date: 02-Mar-2019 08:41) Posted: Ezion asked shareholders to pray for the Company..... strategic investor in advance talk. But how much shareholders can get with the Company sinking deeper in red ? Strategic investor see values?
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kerier Veteran	02-Mar-2019 09:31        kerier About Contact  Quote this Post!
x 0   x 0  Alert Admin	I think this strategic investor will want the banks to agree to some haircut, suspension of repayments or to extend more credit facilities. No going to be easy since they just did the refinancing if they keep asking for more grace from the banks.
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ipolaris Senior	02-Mar-2019 08:56        ipolaris About Contact  Quote this Post!
x 0   x 0  Alert Admin	Hmmm....sgx should bar or restrict shorting at weak or troubled counters.... notredame      ( Date: 02-Mar-2019 08:47) Posted: Do not forget there are many shortists here who will only magnify and spread bad news for their own benefits. It was halted and now suspended. They must be very upset as naked shortists have to pay penalty  and many others can' t leech on this counter for living for some time liao. So all start to  kpkb. They will be the first to fake panic selling once trading resume. Very very ' suay  kuan' people.
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notredame Member	02-Mar-2019 08:47        notredame About Contact  Quote this Post!
x 0   x 0  Alert Admin	Do not forget there are many shortists here who will only magnify and spread bad news for their own benefits. It was halted and now suspended. They must be very upset as naked shortists have to pay penalty  and many others can' t leech on this counter for living for some time liao. So all start to  kpkb. They will be the first to fake panic selling once trading resume. Very very ' suay  kuan' people.
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Sgvale Supreme	02-Mar-2019 08:41        Sgvale About Contact  Quote this Post!
x 0   x 0  Alert Admin	Ezion asked shareholders to pray for the Company..... strategic investor in advance talk. But how much shareholders can get with the Company sinking deeper in red ? Strategic investor see values?
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newbieliu Elite	02-Mar-2019 08:24        newbieliu About Contact  Quote this Post!
x 0   x 0  Alert Admin	To be honest I think it is not direct investment by Temasek huhuhu sad greenhappy      ( Date: 02-Mar-2019 08:14) Posted: Does Temasek still have stake in Ezion ? Edward2      ( Date: 02-Mar-2019 07:38) Posted: Ezion a sinking ship should be delisted long ago instead of giving optimism and allow issue rights to suck dry investors .even tamasek buy 20cts also die .finding new white knight to suck. Like Noble hopeless.if lose again maybe drop one cents
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ipolaris Senior	02-Mar-2019 08:22        ipolaris About Contact  Quote this Post!
x 0   x 0  Alert Admin	Some shareholders will prefer Ezion to try again since their money is already stuck. Delisting now doesn' t help much anyway. There' s still hope if it hasn' t given up. Who knows they may turn successful second time round. Investor' s money, investor' s call. No need use harsh terms to whack. Btw, are you caught too? Edward2      ( Date: 02-Mar-2019 07:38) Posted: Ezion a sinking ship should be delisted long ago instead of giving optimism and allow issue rights to suck dry investors .even tamasek buy 20cts also die .finding new white knight to suck. Like Noble hopeless.if lose again maybe drop one cents
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greenhappy Member	02-Mar-2019 08:14        greenhappy About Contact  Quote this Post!
x 0   x 0  Alert Admin	Does Temasek still have stake in Ezion ? Edward2      ( Date: 02-Mar-2019 07:38) Posted: Ezion a sinking ship should be delisted long ago instead of giving optimism and allow issue rights to suck dry investors .even tamasek buy 20cts also die .finding new white knight to suck. Like Noble hopeless.if lose again maybe drop one cents
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