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WhyWhy Member	22-Jan-2016 09:31        WhyWhy About Contact  Quote this Post!
x 0   x 0  Alert Admin	How much can he make from this.. peanuts to him... can just donate the gain to charity to prove his innocence and move on. There are much more bigger things to deal with..
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Msport Elite	22-Jan-2016 09:25        Msport About Contact  Quote this Post! Style: Flexible
x 0   x 0  Alert Admin	maybe this is his signal that no more margin call... he can buy..lol paranomic123      ( Date: 22-Jan-2016 09:09) Posted: Biggest joke before CNY..Breached a convenant in bank make $$$. Buy back at a smaller quantity and a lower price. Good move. queryit      ( Date: 22-Jan-2016 09:05) Posted: This is just hilarious.......   http://www.businesstimes.com.sg/companies-markets/ezra-ceo-boosts-stake-by-1m-shares EZRA Holdings CEO and managing director Lionel Lee acquired one million shares for S$60,200 on Thursday, shoring up his direct stake by 0.034 percentage point to 19.162 per cent. Including his deemed stake in Ezra through fully owned investment firm Jit Sun Investments Pte Ltd, Mr Lee' s total effective interest in Ezra is shored up to 22.827 per cent. This followed the forced-sale of 11.5 million Ezra shares held by Mr Lee' s Jit Sun Investments on Jan 12 after a plunge in share price caused certain covenants of a banking facility to be breached and prompted the bank to dispose of the shares. These shares were pledged for a loan facility for a company unrelated to Ezra.
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paranomic123 Veteran	22-Jan-2016 09:09        paranomic123 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Biggest joke before CNY..Breached a convenant in bank make $$$. Buy back at a smaller quantity and a lower price. Good move. queryit      ( Date: 22-Jan-2016 09:05) Posted: This is just hilarious.......   http://www.businesstimes.com.sg/companies-markets/ezra-ceo-boosts-stake-by-1m-shares EZRA Holdings CEO and managing director Lionel Lee acquired one million shares for S$60,200 on Thursday, shoring up his direct stake by 0.034 percentage point to 19.162 per cent. Including his deemed stake in Ezra through fully owned investment firm Jit Sun Investments Pte Ltd, Mr Lee' s total effective interest in Ezra is shored up to 22.827 per cent. This followed the forced-sale of 11.5 million Ezra shares held by Mr Lee' s Jit Sun Investments on Jan 12 after a plunge in share price caused certain covenants of a banking facility to be breached and prompted the bank to dispose of the shares. These shares were pledged for a loan facility for a company unrelated to Ezra. queryit      ( Date: 22-Jan-2016 08:59) Posted: Where is the SGX on this?   So hasn' t he done well, bought back at a lower price than he sold.   Well done Mr. CEO...... who said he needs our sympathy!!
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queryit Member	22-Jan-2016 09:05        queryit About Contact  Quote this Post!
x 0   x 0  Alert Admin	This is just hilarious.......   http://www.businesstimes.com.sg/companies-markets/ezra-ceo-boosts-stake-by-1m-shares EZRA Holdings CEO and managing director Lionel Lee acquired one million shares for S$60,200 on Thursday, shoring up his direct stake by 0.034 percentage point to 19.162 per cent. Including his deemed stake in Ezra through fully owned investment firm Jit Sun Investments Pte Ltd, Mr Lee' s total effective interest in Ezra is shored up to 22.827 per cent. This followed the forced-sale of 11.5 million Ezra shares held by Mr Lee' s Jit Sun Investments on Jan 12 after a plunge in share price caused certain covenants of a banking facility to be breached and prompted the bank to dispose of the shares. These shares were pledged for a loan facility for a company unrelated to Ezra. queryit      ( Date: 22-Jan-2016 08:59) Posted: Where is the SGX on this?   So hasn' t he done well, bought back at a lower price than he sold.   Well done Mr. CEO...... who said he needs our sympathy!! granto      ( Date: 22-Jan-2016 08:35) Posted: Lionel buys 1m shares back, just 10m more to go:  http://splash247.com/lionel-lee-share-sale-draws-ire-from-ezra-investors/ :)
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queryit Member	22-Jan-2016 08:59        queryit About Contact  Quote this Post!
x 0   x 0  Alert Admin	Where is the SGX on this?   So hasn' t he done well, bought back at a lower price than he sold.   Well done Mr. CEO...... who said he needs our sympathy!! granto      ( Date: 22-Jan-2016 08:35) Posted: Lionel buys 1m shares back, just 10m more to go:  http://splash247.com/lionel-lee-share-sale-draws-ire-from-ezra-investors/ :)
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granto Master	22-Jan-2016 08:35        granto About Contact  Quote this Post!
x 0   x 1  Alert Admin	Lionel buys 1m shares back, just 10m more to go:  http://splash247.com/lionel-lee-share-sale-draws-ire-from-ezra-investors/ :)
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destinykraze Elite	22-Jan-2016 08:27        destinykraze About Contact  Quote this Post!   Yells: "Reality is only a matter of perception"
x 0   x 0  Alert Admin	Oil up. See whether any risk taker/suckers willing to jump in now.
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n2e9w0 Member	22-Jan-2016 08:24        n2e9w0 About Contact  Quote this Post!
x 1   x 0  Alert Admin	Funny the CEO bought 1mil shares back ytd at a much lower price of the 11m shares he sold...wonder what is he trying to do... trying to dump and buy at a lower price? or he tot by buyin 1m back can bring up the market confident, if he tot this will bring up the market confident.. tt so wrong
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queryit Member	22-Jan-2016 08:17        queryit About Contact  Quote this Post!
x 0   x 0  Alert Admin	Rights Issue, Consolidate, Rights Issue, Consolidate............is this just delaying the inevitable?   If the foundations are broken this isn' t going to hold up the ivory tower. Qanghoo      ( Date: 22-Jan-2016 06:24) Posted: Rights at this time?  Rights+MTP=Death.  That' s for sure.  alan5793      ( Date: 21-Jan-2016 22:32) Posted: At this moment, if everyone starts to dump their shares, it definitely will declare bankruptcy soon.   Ezra needs our support at this moment, because no bank will lend money to Ezra anymore due to its Junk rate. How Ezra is going to pay for its Debts, high operation costs for next two to three years?   No single O& G company can survive when oil price below US$60 as reference to the oil analyst. Therefore, Ezra needs our fully support if right issue to raise fund is required.
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Qanghoo Supreme	22-Jan-2016 06:24        Qanghoo About Contact  Quote this Post!
x 0   x 0  Alert Admin	Rights at this time?  Rights+MTP=Death.  That' s for sure.  alan5793      ( Date: 21-Jan-2016 22:32) Posted: At this moment, if everyone starts to dump their shares, it definitely will declare bankruptcy soon.   Ezra needs our support at this moment, because no bank will lend money to Ezra anymore due to its Junk rate. How Ezra is going to pay for its Debts, high operation costs for next two to three years?   No single O& G company can survive when oil price below US$60 as reference to the oil analyst. Therefore, Ezra needs our fully support if right issue to raise fund is required. queryit      ( Date: 21-Jan-2016 16:08) Posted: 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 (VWAP) of Ezra, at S$0.117, is below the minimum trading price (MTP) requirement of S$0.20 for mainboard-listed stocks. Based on the MTP requirement, mainboard listings have to keep up a VWAP of S$0.20 on March 1 this year. Otherwise, they will be placed on a watch list and given three years to comply with the MTP or face delisting. Prior to the announcement on share consolidation, Ezra group CEO and managing director Lionel Lee sold 11.5 million Ezra shares through his 100 per cent owned Jit Sun Investments for S$913,341 on Jan 12. It was unclear how this share sale took place five trading days before the disclosure on share consolidation. " There is market talk there is some margin call pressure on his shares," said a dealer who declined to be named. " With that in mind, it explains why he is selling at this kind of depressed level." Against the backdrop of an oil price rout, the group also posted last week a net loss of US$55.3 million for the three months ended Nov 30, 2015, compared to a net profit of US$54.4 million a year ago. One key drag was the company' s offshore support and production services division, which is facing weak demand and price competition for its offshore support and accommodation ships. This prompted DBS Group Research to downgrade its call on the stock to " hold" from " buy" previously, and to reduce its target price based on sum-of-the-parts valuation to eight cents from 30 cents previously. " Ezra' s valuations look very depressed at the moment but given the weak oil price outlook, potential heavy losses, and vulnerability to interest rate hikes, we do not see any investment merit for the stock," said DBS analyst Suvro Sarkar. http://www.businesstimes.com.sg/stocks/hot-stock-ezra-shares-take-a-beating-on-proposed-share-consolidation
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alan5793 Veteran	21-Jan-2016 22:52        alan5793 About Contact  Quote this Post!
x 0   x 1  Alert Admin	The weakness in Keppel&rsquo s offshore & marine and Infrastructure divisions, which included the provisions for the Sete Brasil projects, overshadowed Keppel&rsquo s improved performance from property and investments. Keppel declared a final cash dividend of 22 cents per share, bringing its full-year dividend to 34 cents per share, down from 48 cents in the previous year. Analysts said prospects remained gloomy. &ldquo We see no respite over the next six months, given weak rig orders, contract cancellation risks and potential asset write-downs&hellip Even if oil rebounds to US$50 to US$60 a barrel by end-2016, rig orders are unlikely to return,&rdquo said Maybank Kim Eng analyst Yeak Chee Keong. That' s WHY. EZRA really Needs our Supports.......   alan5793      ( Date: 21-Jan-2016 22:32) Posted: At this moment, if everyone starts to dump their shares, it definitely will declare bankruptcy soon.   Ezra needs our support at this moment, because no bank will lend money to Ezra anymore due to its Junk rate. How Ezra is going to pay for its Debts, high operation costs for next two to three years?   No single O& G company can survive when oil price below US$60 as reference to the oil analyst. Therefore, Ezra needs our fully support if right issue to raise fund is required. queryit      ( Date: 21-Jan-2016 16:08) Posted: 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 (VWAP) of Ezra, at S$0.117, is below the minimum trading price (MTP) requirement of S$0.20 for mainboard-listed stocks. Based on the MTP requirement, mainboard listings have to keep up a VWAP of S$0.20 on March 1 this year. Otherwise, they will be placed on a watch list and given three years to comply with the MTP or face delisting. Prior to the announcement on share consolidation, Ezra group CEO and managing director Lionel Lee sold 11.5 million Ezra shares through his 100 per cent owned Jit Sun Investments for S$913,341 on Jan 12. It was unclear how this share sale took place five trading days before the disclosure on share consolidation. " There is market talk there is some margin call pressure on his shares," said a dealer who declined to be named. " With that in mind, it explains why he is selling at this kind of depressed level." Against the backdrop of an oil price rout, the group also posted last week a net loss of US$55.3 million for the three months ended Nov 30, 2015, compared to a net profit of US$54.4 million a year ago. One key drag was the company' s offshore support and production services division, which is facing weak demand and price competition for its offshore support and accommodation ships. This prompted DBS Group Research to downgrade its call on the stock to " hold" from " buy" previously, and to reduce its target price based on sum-of-the-parts valuation to eight cents from 30 cents previously. " Ezra' s valuations look very depressed at the moment but given the weak oil price outlook, potential heavy losses, and vulnerability to interest rate hikes, we do not see any investment merit for the stock," said DBS analyst Suvro Sarkar. http://www.businesstimes.com.sg/stocks/hot-stock-ezra-shares-take-a-beating-on-proposed-share-consolidation
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alan5793 Veteran	21-Jan-2016 22:32        alan5793 About Contact  Quote this Post!
x 0   x 1  Alert Admin	At this moment, if everyone starts to dump their shares, it definitely will declare bankruptcy soon.   Ezra needs our support at this moment, because no bank will lend money to Ezra anymore due to its Junk rate. How Ezra is going to pay for its Debts, high operation costs for next two to three years?   No single O& G company can survive when oil price below US$60 as reference to the oil analyst. Therefore, Ezra needs our fully support if right issue to raise fund is required. queryit      ( Date: 21-Jan-2016 16:08) Posted: 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 (VWAP) of Ezra, at S$0.117, is below the minimum trading price (MTP) requirement of S$0.20 for mainboard-listed stocks. Based on the MTP requirement, mainboard listings have to keep up a VWAP of S$0.20 on March 1 this year. Otherwise, they will be placed on a watch list and given three years to comply with the MTP or face delisting. Prior to the announcement on share consolidation, Ezra group CEO and managing director Lionel Lee sold 11.5 million Ezra shares through his 100 per cent owned Jit Sun Investments for S$913,341 on Jan 12. It was unclear how this share sale took place five trading days before the disclosure on share consolidation. " There is market talk there is some margin call pressure on his shares," said a dealer who declined to be named. " With that in mind, it explains why he is selling at this kind of depressed level." Against the backdrop of an oil price rout, the group also posted last week a net loss of US$55.3 million for the three months ended Nov 30, 2015, compared to a net profit of US$54.4 million a year ago. One key drag was the company' s offshore support and production services division, which is facing weak demand and price competition for its offshore support and accommodation ships. This prompted DBS Group Research to downgrade its call on the stock to " hold" from " buy" previously, and to reduce its target price based on sum-of-the-parts valuation to eight cents from 30 cents previously. " Ezra' s valuations look very depressed at the moment but given the weak oil price outlook, potential heavy losses, and vulnerability to interest rate hikes, we do not see any investment merit for the stock," said DBS analyst Suvro Sarkar. http://www.businesstimes.com.sg/stocks/hot-stock-ezra-shares-take-a-beating-on-proposed-share-consolidation
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pinkowl Supreme	21-Jan-2016 22:03        pinkowl About Contact  Quote this Post! Style: Technical   Mood:
x 0   x 0  Alert Admin	It's a lousy idea. SGX really need to scrap it. It's a powerful tool for shortists. mrwise      ( Date: 21-Jan-2016 17:45) Posted: later consolidates.....drop again.. just looks at other as an example... no ends to consolidation...
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mrwise Supreme	21-Jan-2016 17:45        mrwise About Contact  Quote this Post! Style: Combined   Mood:
x 0   x 0  Alert Admin	later consolidates.....drop again.. just looks at other as an example... no ends to consolidation...
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queryit Member	21-Jan-2016 16:08        queryit About Contact  Quote this Post!
x 0   x 0  Alert Admin	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 (VWAP) of Ezra, at S$0.117, is below the minimum trading price (MTP) requirement of S$0.20 for mainboard-listed stocks. Based on the MTP requirement, mainboard listings have to keep up a VWAP of S$0.20 on March 1 this year. Otherwise, they will be placed on a watch list and given three years to comply with the MTP or face delisting. Prior to the announcement on share consolidation, Ezra group CEO and managing director Lionel Lee sold 11.5 million Ezra shares through his 100 per cent owned Jit Sun Investments for S$913,341 on Jan 12. It was unclear how this share sale took place five trading days before the disclosure on share consolidation. " There is market talk there is some margin call pressure on his shares," said a dealer who declined to be named. " With that in mind, it explains why he is selling at this kind of depressed level." Against the backdrop of an oil price rout, the group also posted last week a net loss of US$55.3 million for the three months ended Nov 30, 2015, compared to a net profit of US$54.4 million a year ago. One key drag was the company' s offshore support and production services division, which is facing weak demand and price competition for its offshore support and accommodation ships. This prompted DBS Group Research to downgrade its call on the stock to " hold" from " buy" previously, and to reduce its target price based on sum-of-the-parts valuation to eight cents from 30 cents previously. " Ezra' s valuations look very depressed at the moment but given the weak oil price outlook, potential heavy losses, and vulnerability to interest rate hikes, we do not see any investment merit for the stock," said DBS analyst Suvro Sarkar. http://www.businesstimes.com.sg/stocks/hot-stock-ezra-shares-take-a-beating-on-proposed-share-consolidation
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appleronaldo Veteran	21-Jan-2016 15:56        appleronaldo About Contact  Quote this Post!
x 0   x 0  Alert Admin	CHIYODA maybe interested in EZRA at the moment.... 2years ago SAMSUNG heavy want buy over them for $1.50...but EZRA walk away...so sad for the shareholders...Now $0.20 they cfm sell le
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queryit Member	21-Jan-2016 13:54        queryit About Contact  Quote this Post!
x 0   x 0  Alert Admin	Even though not funny to lose money, your posts do make me laugh Sheerluck :) sheerluck      ( Date: 21-Jan-2016 13:10) Posted: Dog son:  A-Fin why you reject my expense claim?  Only $50k for a night at the karoke what.  This round I only asked for 5 girsl.  Already cut down alot liao.  Last time I easilty call for 10+ girls you know!!!!!!!  Very mah lu already. A-Fin: Sir, already overshot this month budget liao. Dog son:  But last time can what.  What happened? Budget reduced? A-Fin: Yeah. Dog son: Tml call for board meeting and I will announce reduction in headcount.  Get rid of some of these board people also good.  They also jialiaobee one.  Any saving goes to my expenses claim.  Now approve this one.  A-Fin: Ok. And the Dog son lived happily ever after.  The end. queryit      ( Date: 21-Jan-2016 06:12) Posted: Do you have any thoughts as to why the majority of the EZRA and Triyards Board Members stepped down during 2015?   https://www.linkedin.com/pulse/what-cause-effect-high-attrition-rates-board-members-julie-o-connor?trk=mp-author-card
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sheerluck Supreme	21-Jan-2016 13:10        sheerluck About Contact  Quote this Post! Style: Flexible   Mood: Yells: "Work for your money first then let your money work for you"
x 0   x 0  Alert Admin	Dog son:  A-Fin why you reject my expense claim?  Only $50k for a night at the karoke what.  This round I only asked for 5 girsl.  Already cut down alot liao.  Last time I easilty call for 10+ girls you know!!!!!!!  Very mah lu already. A-Fin: Sir, already overshot this month budget liao. Dog son:  But last time can what.  What happened? Budget reduced? A-Fin: Yeah. Dog son: Tml call for board meeting and I will announce reduction in headcount.  Get rid of some of these board people also good.  They also jialiaobee one.  Any saving goes to my expenses claim.  Now approve this one.  A-Fin: Ok. And the Dog son lived happily ever after.  The end. queryit      ( Date: 21-Jan-2016 06:12) Posted: Do you have any thoughts as to why the majority of the EZRA and Triyards Board Members stepped down during 2015?   https://www.linkedin.com/pulse/what-cause-effect-high-attrition-rates-board-members-julie-o-connor?trk=mp-author-card Qanghoo      ( Date: 20-Jan-2016 22:41) Posted: I  think he did say it had declined even before oil.  Still, my personal read is, the analysis isn' t that inspiring.  One thing, if I recall correctly, is that oil majors started cutting back expenditure even before oil px itself started tanking.  N that probably affected Ezra.  For Noble, I recall there were issues of being affected by low cotton px.  The downturn of the Australian mining sector also was cruel to them.  So, during the commodity super cycle, everyone was happy.  When commodities nosedived people don' t seem to remember.  Lots of  " experts" point the finger at management.  I' m not saying management is blamless.  But if one had  the full slate of facts, both historical n current, n were to do  an objective assessment, perhaps he/she  might just  have thought  that more credit n  sympathy  wld have been  due, especially to  the Elderly man.  Wld he have grown Noble to what it is today if he did not have the vision, foresight n acuement to nurture it in the first place?  For Ezra, I believe the problem might have started with the high cost of acquisition of ANC.  Whether they miscalculated, had no clues  as to how to manage  their costs or were scuttled by events beyond their control after that, or the problem cld have been attributed to a combinatin of all factors,  I have not followed through so I can' t say.  By the same token, I wldn' t grade the stated writeup an " A" as I think the analysis isn' t sufficiently indepth.  N maybe, just maybe, the Lee pair of father n son deserves some credit n sympathy too.
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pinkowl Supreme	21-Jan-2016 13:03        pinkowl About Contact  Quote this Post! Style: Technical   Mood:
x 0   x 0  Alert Admin	I have been following Ezra when they were trading at 1.60+. Unfortunately, it is true that their share plunged by half way way before the oil crisis (like 4 years prior). They also like to come up with lots of corporate actions, which in my opinion diminishes the share value, and caused them to incur huge admin cost.  So I do not think they deserve your sympathy. I am still holding to some of the mother shares and am prepared to lose it all. I dun really care much about them now, and I will not top up if they need more cash. Just like how I' ve sold all their rights option, thankfully at a good premium. Qanghoo      ( Date: 21-Jan-2016 07:42) Posted: Brother, I' ve not followed closely to be honest, so I wldn' t do justice to venture an opinion.  But I do recall reading abt KPT being with Ezra for a specific purpose n having completed what he was tapped for, he left.  Also noted from the Triyards BOD that a number who ceased after 2014 had actually served for 3 yrs (not sure if longer cos I did not drill to prior yrs).  So, perhaps  some of the  changes were timely.  On the flip side,I recall reading here suggestions that the SPost board might have more than its fair share of members who might have overstayed their sell-by date.  So, as outsider observers, we form opinions which may or may not be accurate.  When we post  or  blog, though, hope we cld try our best to be objective. queryit      ( Date: 21-Jan-2016 06:12) Posted: Do you have any thoughts as to why the majority of the EZRA and Triyards Board Members stepped down during 2015?   https://www.linkedin.com/pulse/what-cause-effect-high-attrition-rates-board-members-julie-o-connor?trk=mp-author-card
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queryit Member	21-Jan-2016 12:41        queryit About Contact  Quote this Post!
x 0   x 0  Alert Admin	Either way, bad management to have so many Board Members depart over 12-months, especially in this climate.   Also don' t think Lee' s need our sympathy, just my opinion. Qanghoo      ( Date: 21-Jan-2016 07:42) Posted: Brother, I' ve not followed closely to be honest, so I wldn' t do justice to venture an opinion.  But I do recall reading abt KPT being with Ezra for a specific purpose n having completed what he was tapped for, he left.  Also noted from the Triyards BOD that a number who ceased after 2014 had actually served for 3 yrs (not sure if longer cos I did not drill to prior yrs).  So, perhaps  some of the  changes were timely.  On the flip side,I recall reading here suggestions that the SPost board might have more than its fair share of members who might have overstayed their sell-by date.  So, as outsider observers, we form opinions which may or may not be accurate.  When we post  or  blog, though, hope we cld try our best to be objective. queryit      ( Date: 21-Jan-2016 06:12) Posted: Do you have any thoughts as to why the majority of the EZRA and Triyards Board Members stepped down during 2015?   https://www.linkedin.com/pulse/what-cause-effect-high-attrition-rates-board-members-julie-o-connor?trk=mp-author-card
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