| Latest Forum Topics / Ezra Last:0.011 -- |
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EZRA HOLDINGS - RED HOT NEWS
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Lucky03
Elite |
02-Jan-2016 16:48
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Inevitable, right ? Unless it also applies to transfer to Catalyst board but SGX recently rejected application from another company. I'm surprised that Ezra has held back from the announcement for so long when many are already listed to have declared a deadline to merge. Unless they are confident that the share price will bounce back above $0.20 within next few months. Anyway, watch for its Q1 result to be related around 9 Jan.
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lglg666
Supreme |
02-Jan-2016 16:28
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Once they say....share consolidation is on then no hope for it.
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Lucky03
Elite |
02-Jan-2016 14:49
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Will oil drop to US$30 or bounce to US$80 in 2016 ? Almost all signals are still negative for Oil. However, oil market is more than driven by economic but also politic and significantly business strategy by OPEC. Anything can turn around anytime by sudden change of strategy. Note that consuming countries such as US and China and even Japan are stockpiling to the brim while the prices slide.
The last year high for Ezra was $0.545 and $1.245 over 2 yrs. Are the good days forever gone ? Big question is whether Ezra will be able to survive and if so then it is a matter of timing. However, the impact of alternative energy will have significant impact on the demand for fossil energy such as coal and oil. The recent signing of global agreement to fight global warming will push for more investment into alternative energy. Will companies such as Ezra diversify ? |
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Huat1368
Veteran |
31-Dec-2015 08:55
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Many will consider to buy at $0.094. Anyway it is cheap to hold long. But if oil prices rebound, it would be more than 3X rewards when it goes back to $0.30. Cheers😆
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Lucky03
Elite |
30-Dec-2015 23:04
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Nobody can update anything significant development at the AGM ?
Looks like it may slide back to retest low of 0.094 as it approaches its Q1 result likely to be released around 9 Jan 16. |
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lglg666
Supreme |
30-Dec-2015 18:18
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Hanging on very well.....the trick is not to do a share consolidation until last min if possible, those who announced the intention then will get whacked again after MTP. More meat to whack....foolish management, crap. | ||||
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sheerluck
Supreme |
30-Dec-2015 13:59
Yells: "Work for your money first then let your money work for you" |
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Macro environment dictates.
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Qanghoo
Supreme |
30-Dec-2015 13:46
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Last night oil up.  Today Triyards won some contracts.  Today, Ezra px down. 
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Lucky03
Elite |
30-Dec-2015 13:42
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Hope someone who attended the AGM this morning can share any significant information shared at the session and if the Mgmt provided any clarity of Ezra's future ? | ||||
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Lucky03
Elite |
29-Dec-2015 09:40
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Will not be able to attend the AGM tomorrow. Hope whoever can attend can share of any updates. | ||||
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Lucky03
Elite |
27-Dec-2015 23:51
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Possibly with the JV with Chiyoda ? It seemed that they could have valued EMAS above its NTA to derive fair value of the 50% equity sales to Chiyoda. That will probably allows it to book in another otg.
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Qanghoo
Supreme |
27-Dec-2015 22:33
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Wow, seemed to be producing one otg after another.  Maybe, Q116 won' t be so challenging after all cos they gonna surprise us further with yet another otg leh?  These days, accts seemed to be glossed by plenty of financial engineering. 
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Lucky03
Elite |
27-Dec-2015 20:17
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There is also 'one time gain' for Q4 '15.
"The increase in other income, net was mainly due to:- (i) Adjustment to one-off gain on bargain purchase from the acquisition of subsidiaries of US$11.7 million in 4Q15 as a result of finalisation of purchase price allocation exercise (ii) Increase in foreign exchange gain from US$2.4 million in FY14 to US$4.5 million in 4Q15 and (iii) Net gain on disposal of fixed assets of US$29.3 million in 4Q15."
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Lucky03
Elite |
27-Dec-2015 20:08
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Q1 '15 result was released on 9 Jan. It is going to be very challenging for Ezra to manage the expectation for Q1 '16. There was a one time gain of about US$65m from other sources of income as follows "The increase in other income, net was mainly due to recognition of one-off gain on bargain purchase from the acquisition of subsidiaries of US$106.3 million and turn-around of the foreign exchange loss in 1Q14 of US$2.7 million to foreign exchange gain in 1Q15 of US$9.4 million."
May need to hold back any major decision to await some clarity for next Q1 result. |
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moron101
Supreme |
24-Dec-2015 12:56
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Ah ya.. should tell us earlier. Now want to short also can not. Mkt already closed..
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pnuklis
Master |
24-Dec-2015 12:17
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Just wait oil price is heading below 30 then you will see Ezra faltering |
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Lucky03
Elite |
24-Dec-2015 12:06
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Ezra is probably pushed up for its coming AGM on 30 Dec. Watch out if it is sustainable after that. | ||||
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Lucky03
Elite |
24-Dec-2015 09:22
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Ezra held on to 10.6-10.8 for a while before giving up the support and it may be the resistance now. May be prudent to see it retraces. | ||||
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Qanghoo
Supreme |
24-Dec-2015 07:33
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Maybe they bua tahan already now oh-pek gong to try to drum up px. 
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Maller
Elite |
24-Dec-2015 06:59
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Very good news:  By BBC:  Oil prices will reach $70 a barrel by 2020, says Opec Huat arr...   |
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