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EZRA HOLDINGS - RED HOT NEWS
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Lucky03
Elite |
13-Feb-2016 02:16
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US Rig Count dropped another 30 for last week bringing to a total drop of 78 over last 2 weeks alone.
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Lucky03
Elite |
13-Feb-2016 00:36
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US$29.36, up 12%. Let's see what will be the Rig Count data to be released later today.
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Lucky03
Elite |
13-Feb-2016 00:14
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Crude hit above US$29, up more than 11%. Hope OPEC and non-OPEC members will agree on production cut over the weekend. Hope Ezra can share some wins next week for some of the ongoing tenders as results will be known in February. | ||||||
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Lucky03
Elite |
12-Feb-2016 22:52
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Opinion: What bear market? Stocks will likely be higher in six months
By Mark Hulbert Published: Feb 12, 2016 5:08 a.m. ET Substantial gains usually follow painful declines CHAPEL HILL, N.C. (MarketWatch) ? The U.S. stock market over the next six months is more likely to be notably higher than it is to drop further. I admit that this doesn?t seem realistic, given how terribly the market has been performing ? including yet another triple-digit loss for the Dow Jones Industrial Average DJIA, +0.68% on Thursday. But a likely rally is what emerged when I studied all occasions over the last 120 years in which the stock market tumbled as precipitously as it has since late December. At a minimum, therefore, you should be just as prepared for higher stock prices as for lower ones. A wave of selling slams global markets as a fresh fall in oil prices and a cautious tone from the Federal Reserve fuels anxiety. To reach this conclusion, I focused on drops in the Dow that were as steep as the one the stock market has suffered since Dec. 29: Over the 29 trading sessions since then, the Dow has fallen more than 11%. I analyzed all data back to the late 1800s, when the Dow was created. What I found is summarized in the chart at the top of this column. Notice that the stock market?s subsequent returns following losses this big and fast were, on balance, better than the average of all days over the last 120 years. The market hasn?t always rebounded following losses this steep. But it does more often than not. The last time prior to this year in which the market fell at least 11% in 29 trading sessions was in the summer of 2011. Over the subsequent three months the Dow rose more than 8%, and in six months? time was almost 20% higher. Needless to say, the market hasn?t always rebounded following losses this steep. But it does more often than not. And that?s precisely what contrarian analysis would suggest. Drops of greater than 11% in just 29 trading sessions are rare enough and painful enough to lead many, if not most, shorter-term investors to throw in the towel. That in turn sets up the sentiment preconditions for a powerful rally ? even if the big drop occurs within a longer-term secular bear market. This discussion also sheds light on bear market behavior in general: Bear markets are better characterized as a death by a thousand cuts than a fatal stabbing. Each of those thousand cuts is insufficient to lead to the thorough-going pessimism and despair that are the sentiment hallmark of a major bottom. The stock market?s plunge since late December is anything but. From this point perspective, therefore, the market?s recent decline doesn?t seem like the beginning of a major bear market. That isn?t to say that the last six weeks haven?t been painful. It instead is to acknowledge that pain, for that is precisely the point. |
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nyde1d1th
Veteran |
12-Feb-2016 20:53
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blackstone wouldnt buy ezra too much debt and risk in current environment many better options for them |
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queryit
Member |
12-Feb-2016 18:04
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Anybody seeking to buy EZRA would have to take into consideration its significant debt. |
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Lucky03
Elite |
12-Feb-2016 15:07
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Sure hope someone like Blackstone will see it as a cheap way to expand and acquire assets. Offshore drilling is still here to stay at least till 2034 as predicted by BP.
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granto
Master |
12-Feb-2016 13:00
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Wonder if these guys will fancy Ezra at current prices... Blackstone forms PE platform to take advantage of offshore crisis:  http://splash247.com/blackstone-forms-pe-platform-to-take-advantage-of-offshore-crisis/ |
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Lucky03
Elite |
12-Feb-2016 11:43
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Will they be serious this time ???
Oil futures bounce on OPEC deal speculation OPEC members ready to cooperate on cut Oil futures rebounded Thursday afternoon after The Wall Street Journal reported OPEC members might be ready to cooperate on a cut, citing comments UAE Energy Minister Suhail bin Mohammed al-Mazrouei gave to Sky News Arabia. U.S. West Texas Intermediate (WTI) last traded at $27.20 a barrel. Earlier in the day, it settled down $1.24, or 4.5 percent, at $26.21 a barrel, after breaking a psychologically key level of $26.19, the lowest since May 8, 2003, when it hit $26. Brent crude futures were up 17 cents at $31.01 per barrel, having traded between $30.01 and $31.14. Suhail bin Mohammed al-Mazrouei also said low prices were already forcing non-OPEC members to cap production, but that cuts would require total cooperation from everyone, according to Sky News Arabia's reporting. U.S. stocks bounced sharply after the report. Prior to the report, U.S. oil prices had fallen for a sixth straight day on Thursday, hitting the lowest since May 2003, weighed by brimming crude inventories and a Goldman Sachs forecast that prices would remain low and volatile until the second half of the year. Market intelligence firm Genscape reported the Cushing, Oklahoma delivery hub for U.S, crude futures saw a build of almost 425,000 barrels in the week to Feb. 9. Crude inventories in Cushing hit all-time highs just shy of 65 million barrels during the week ended Feb. 5, government data showed on Wednesday. Excess gas is burnt off at a pipeline at Rumaila oilfield in Basra, Iraq January 26, 2016. Oil looked like it might rebound. Not anymore Traders scrambled to buy bearish U.S. crude options, particularly for $25 puts, on the back of the continuous price slide. Technical analysts said the $25 level could be hit in a matter of days. The spread between the first two months in U.S. crude widened nearly 60 cents to as much as $2.80. That was the largest discount, or "contango," between the two contracts since November, indicating tight storage space was limiting interest to buy prompt barrels to store and sell at a later date. "If storage becomes any scarcer, producers will have no choice but to sell it (the front-month) even lower," said Pete Donovan, broker at New York's Liquidity Energy. Investment bank Goldman Sachs said in a note to its clients it expected oil prices to fluctuate between $20 a barrel, at the operational stress level, and $40, at the financial stress level, with significant volatility and no trend until the second half. Oil has fallen almost 75 percent since mid-2014 as competing producers pumped 1-2 million barrels of crude daily exceeding demand, just as China's economy hit lowest growth in a generation. Janet Yellen Cramer: Yellen & oil?World?s most dangerous game Brent gained briefly after a report cited by sources that some OPEC countries were trying to achieve a consensus among the group and key non-members for an oil production "freeze". Despite that, fighting among OPEC members for market share appeared to heighten as Iran offered its crude to Asia at a discount to rival OPEC producer Saudi Arabia. "There's a price fight within OPEC for Asian market share, and there are worries that storage capacity is going to be breached," said Bjarne Schieldrop, chief commodity analyst at SEB in Oslo. |
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Demostation
Supreme |
12-Feb-2016 09:19
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Many are waiting to see it at 4 or half past 4. Hahaha. |
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alan5793
Veteran |
11-Feb-2016 22:27
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You again... Aiyo... Dont know how many ppl fall into the Traps.. buy buy buy... Oil $ bounce back soon.. Now ? Sad Sad Sad Sad.
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alan5793
Veteran |
11-Feb-2016 22:14
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Only 5 mils support at 0.048. After that it will plunge all the way. Another 10 mils q at 0.001. WAP is 0.0060. OMG OMG.
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moron101
Supreme |
11-Feb-2016 19:29
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Short guns very powerful. . Be careful. Their target could be very very low.. not sure how the lionels feel.. | ||||||
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alan5793
Veteran |
11-Feb-2016 13:35
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Please read this post carefully again n again. Trap trap trap ..Today ?
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alan5793
Veteran |
11-Feb-2016 13:34
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Don' t  go into O& G industry at this moment. Very High High Risk. Would be another LionGold. Whole world is collapsing soon. Only Blue Chips when market plunge below 2200.   
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Lucky03
Elite |
11-Feb-2016 11:52
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Clearly some collection at 0.05 but this guy is very patient and is not pushing up. I have this hunch that there will be some corporate development of some sort of restructuring or M&A that will happen. The O&G industry is long overdue for surge in M&A activities. | ||||||
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Lucky03
Elite |
11-Feb-2016 11:04
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Someone may be playing trick to trap short sellers. | ||||||
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Lucky03
Elite |
11-Feb-2016 10:57
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BT reported yesterday that BP is making a $12B investment in Indonesia and Singapore O&G companies will be bidding for the tenders. Hopefully give a glimmer of hope for companies including Ezra. | ||||||
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Lucky03
Elite |
11-Feb-2016 10:49
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B 15.14m 0.05
S 5.7m 0.051 Trading are in 100 shares. Someone playing trick ?
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Lucky03
Elite |
11-Feb-2016 10:46
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B 12.36m 0.005
S 4.69m 0.051 Someone trying to be play trick ? |
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