| Latest Forum Topics / Ezra Last:0.011 -- |
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EZRA HOLDINGS - RED HOT NEWS
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lglg666
Supreme |
16-Feb-2016 16:30
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Huge volume....what's up? A bear trap? | ||||||||
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Lucky03
Elite |
16-Feb-2016 14:37
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Wow !!9m taken up in 1 go ! | ||||||||
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alan5793
Veteran |
15-Feb-2016 21:39
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The First Oil & Gas company down. Share price plunged 80.81% within a week.
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Lucky03
Elite |
15-Feb-2016 12:57
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Oil inches down, weak China trade data drags
Reuters 4 mins ago By Osamu Tsukimori TOKYO (Reuters) - Brent and U.S. crude futures edged lower on Monday as the dollar regained ground and as weak Chinese trade data stoked concerns about demand in the world's biggest energy consumer. But the market held most of its gains of more than 10 percent from Friday that came amid renewed talk that the Organization of the Petroleum Exporting Countries (OPEC) might finally agree to cut output to reduce a world glut. The mood inside OPEC is shifting from mistrust to a growing consensus that a decision must be reached on how to end the global oil price rout, Nigeria's oil minister said, adding he will have talks with his Saudi and Qatari counterparts. "We continue to believe that if prices were to be artificially supported with production cuts it would only give more expensive forms of production more room to breathe and would only solve the problem in the short term," Daniel Ang at Phillip Futures said in a note. China's exports fell 11.2 percent in January from a year earlier and imports tumbled 18.8 percent, both far worse than expected. China's crude imports dropped 20 percent from record high volumes the previous month. London Brent crude for April delivery was down 17 cents at $33.19 a barrel by 0427 GMT, hurt by a strong dollar helped by a bounce in U.S. consumer spending. The oil contract jumped $3.30 on Friday after the United Arab Emirates' energy minister was quoted as saying that OPEC members are ready to cooperate on an output cut. NYMEX crude for March delivery was down 18 cents at $29.26 a barrel, after rebounding more than $3 in the previous session from Thursday's 12-year low. There will be no settlement on Monday for U.S. crude due to the Presidents Day holiday, and trading may be thinner than usual. Iran is exporting 1.3 million barrels per day (bpd) of crude oil, and will be pumping 1.5 million bpd by the start of the next Iranian year on March 20, a vice-president was quoted as saying on Saturday. Iran will load 4 million barrels of crude oil on tankers destined for Europe in the coming 24 hours, a senior official was quoted as saying on Saturday. Japan's economy contracted an annualised 1.4 percent in the final quarter of last year, data showed on Monday. |
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Lucky03
Elite |
15-Feb-2016 11:28
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Oil Speculators Shrug Bet on Price Climb Despite Huge Stockpiles
By Mark Shenk - 15 Feb 2016, 8:01:00 AM Oil stockpiles at an 86-year high and warnings of a persistent glut weren?t enough to keep money managers from betting that prices are ready for a rebound. Speculators? long positions in West Texas Intermediate crude climbed to the highest since June as oil sank toward a 12-year low, according to U.S. Commodity Futures Trading Commission data. Despite a 12 percent rally Friday, prices finished last week down 4.7 percent at $29.44 a barrel. Oil companies including Chevron Corp. and Anadarko Petroleum Corp. have said they will reduce outlays to maintain cash. A group of 44 North American exploration and production firms are planning to spend $78 billion on capital projects this year, down from $101 billion last year, according to IHS Inc. "There are a growing number of people that think the market has put in a bottom," said Phil Flynn, senior market analyst at Price Futures Group in Chicago. "There?s a growing realization after all the announcements of cuts in capital expenditures that we?re going to see a drop in production." QuickTake Oil Prices Gloomy Outlook The increase in bullish bets comes even as the world?s biggest oil companies lamented the state of the market at International Petroleum Week in London. ?The oil industry is facing a crisis,? said Patrick Pouyanne, CEO of Total SA, Europe?s biggest refiner. BP Plc boss Bob Dudley described himself as ?very bearish.? The International Energy Agency increased its estimate for excess global supply during the first half of the year by 250,000 barrels a day. Concern that the glut is worsening drove the discount for front-month futures versus a month later to the widest since 2011. The bigger contango has encouraged traders looking to store oil to sell at a higher price in the future to rent more-expensive supertankers as onshore tanks fill up. Inventories at Cushing, Oklahoma, the delivery point for WTI, rose to a record in the week ended Feb. 5, and nationwide supplies hover near the highest since 1930, Energy Information Administration data show. Speculators? long position in WTI rose by 1,152 contracts to 302,384 futures and options in the week ended Feb. 9, CFTC data show. Shorts, or bets that prices will decline, slipped 2.1 percent. Net-longs increased 5 percent to a three-month high. Trading volume jumped to a record high on Thursday when prices sank to the lowest level since 2003. Volatility is also surging. The CBOE Crude Oil Volatility Index, which measures expectations of price swings, climbed to the highest level in seven years Friday. Other Markets In other markets, net bearish wagers on U.S. ultra low sulfur diesel decreased 6.8 percent to 22,157 contracts. Diesel futures slid 3.6 percent in the period. Net bullish bets on Nymex gasoline slipped 1.9 percent to 14,056 contracts as futures dropped 10 percent. A Wood Mackenzie report last week showed that just 100,000 barrels a day of output has been shut in so far because of low prices. That doesn?t include natural declines in production from aging fields. "We?ve become very impatient," said Sarah Emerson, managing director of ESAI Energy Inc., a consulting company in Wakefield, Massachusetts. "The investment cuts will result in falling U.S. production this year, it just takes a while." |
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chipchip66
Elite |
15-Feb-2016 11:09
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5.1c sell Q dropping fast! |
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chipchip66
Elite |
15-Feb-2016 10:39
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wow.. after i posted the 5c sell queue all taken up!! LOL |
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chipchip66
Elite |
15-Feb-2016 10:21
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NET DEBT TO EQUITY is 0.82 if i am not mistaken..Should recover over the medium term when oil prices stabilise. I am in!  |
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Lucky03
Elite |
15-Feb-2016 10:02
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Can move today ? |
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Lucky03
Elite |
15-Feb-2016 00:33
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Saudi has yet to speak.
OPEC members increasingly keen to end oil glut - Nigeria oil minister Reuters 11 mins ago By Julia Payne ABUJA (Reuters) - The mood inside the Organization of the Petroleum Exporting Countries (OPEC) is shifting from mistrust to a growing consensus that a decision must be reached on how to end the global oil price rout, Nigeria's oil minister told Reuters. Oil prices have slumped by more than 70 percent to near $30 a barrel over the past 18 months as OPEC, led by top producer Saudi Arabia, sought to drive higher-cost producers out of the market by refusing to cut production despite a supply glut. The price crash has crippled some economies that depend heavily on oil sales for income, such as Nigeria and Venezuela, and even Saudi Arabia is shoring up its resources to withstand the painful revenue drop. "There's increased conversation going on. I think when we met in December ... they (OPEC members) were hardly talking to one another. Everyone was protecting their own positional logic," Nigerian oil minister Emmanuel Ibe Kachiwku told Reuters in an interview. "Now I think you have cross-logic ... they are looking at what are the deficiencies, what is the optimum." Struggling oil producers have made repeated calls for an emergency OPEC meeting, but Kachikwu said that the timing had not been right. The cartel's next regular meeting is in June. "We haven't been sure that if we held those (emergency) meetings that we could actually walk away with some consensus," Kachikwu said. "A lot of barrels are tumbling out of the market from non-OPEC members, so the Saudi philosophy is obviously working. But it's not influencing the price higher, which means that whether we like it or not some barrels are coming in from ... members and non-members to cover whatever is dropping out." IEA WARNING The International Energy Agency said on Jan. 19 that oil markets could be oversupplied by as much as 1.5 million barrels per day in the first half of 2016 and warned that prices could decline further as Iran's emergence from economic sanctions brings more crude to the market. OPEC has declined to trim output without help from non-members, which so far have refused to participate. Russia, the world's biggest oil producer, has played coy by floating the idea of a cut without saying whether it would participate. In an attempt to find a compromise, Venezuela's oil minister recently proposed a freeze on new production to place a cap on the growing glut while not requiring countries to surrender market share. Kachikwu said that he would meet his Qatari and Saudi counterparts next week to discuss the situation. "Have we got to the point where we can say there is a definite strategy? In terms of production reduction or freezing, no, I don't think we have got there. But there is a lot of energy (behind the idea)," Kachikwu said. "As you get closer to the statutory (OPEC) meeting dates ... you are going to see a lot more people get active in those conversations and try to find solutions." |
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lglg666
Supreme |
15-Feb-2016 00:21
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Yeah.....cheap enough to merge all three companies since the share price has tanked till in single digit cents.
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sheerluck
Supreme |
15-Feb-2016 00:15
Yells: "Work for your money first then let your money work for you" |
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Dog son: Ask not what ZERO can do for you but what you can do for ZERO.  Ofc course give us your money when we ask for it lah.  You are used to low pay anyway.  For me I am different.  I got " 免 死 金 牌 " .  Woahhahahah.  Give us your hard-earn $$$$ so that I can continue to eat lobster for breakfast while you eat your loti.......woof woof.. And the dog son live happily ever after.  The end.  Wrong.  This story never ends.  Does it?
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pnuklis
Master |
14-Feb-2016 20:35
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Multiple entities were done to shuffle from one pocket to another with out people noticing what is lost. The current book value is moon but what it is worth is a dog. No one will vest in to these companies unless you are ready to let go cheap like Chioda deal. See how they have managed the company from $2 share to 5 cents. Leave aside the down turn.Literally banks are controlling. DBS, UOB have huge exposure and it is all bad debts but the pramoters Lee family are enjoying at share holders cost. |
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Qanghoo
Supreme |
14-Feb-2016 18:27
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Good one.  Luv it. 
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sheerluck
Supreme |
14-Feb-2016 18:20
Yells: "Work for your money first then let your money work for you" |
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Dog son:  You know we spin off some subsidiaries so that we can sit on multiple boards to earn multiple fees.  These people ask us to consolidate to save cost???  These people siao one. And the dog son live happily ever after.  The end.
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Lucky03
Elite |
14-Feb-2016 17:38
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I feel that Ezra should merge back with EMAS Offshore and Triyard to consolidate and for better synergies until time is good again. This will avoid some of the overheads and achieve greater cost efficiency. They should also bring in some major strategic new partners that can offer solid network and business opportunities. At current valuation, it should be a good potential candidate for any interested parties if they consolidate. This will also avoid the negativity of share consolidation.
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Demostation
Supreme |
14-Feb-2016 11:47
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If the MTP is extended for Ezra, then it will be good,since the counter may have a chance not to consolidate if it turns super bullish and shoot beyong 20 cents.   Must be super bullish, then will be ok, but to rise by 15 cents is not that easy.  
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Lucky03
Elite |
14-Feb-2016 11:38
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SGX has yet to disclose which are the 20 companies that it has granted the 6 mths extension.
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Demostation
Supreme |
14-Feb-2016 11:35
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I am waiting for their completion of the consolidation of 8 shares to 1 share, before contmeplating to buy. This stock has caused many to lose their pants, and I want to be very sure before entering. |
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Lucky03
Elite |
14-Feb-2016 01:20
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If Chiyoda indeed strike any deal with Iran, will the Ezra JV has a chance for some of the works. That was cited as one of the benefits expected for the JV.
NEWS RELEASE Chiyoda Global Headquarters Minato Mirai Grand Central Tower 4-6-2, Minatomirai, Nishi-ku, Yokohama 220-8765, Japan www.chiyoda-corp.com/en February 3, 2016 Chiyoda Comments on Media Reports Chiyoda Corporation (?Chiyoda?) hereby confirms that today?s media reports on a basic agreement for refinery rehabilitation between Chiyoda and the Islamic Republic of Iran (?Iran?) are not based on any announcement made by Chiyoda. Chiyoda starts making active efforts to develop the promising market of Iran as economic sanctions were lifted. However, Chiyoda has not reached any agreements with the Iranian government. We will promptly make further announcements in due course. For more information, please contact: Chiyoda Corporation IR, PR & CSR Section URL: http://www.chiyoda-corp.com/en |
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