Back

Latest Forum Topics / Ezra    Last:0.011 --

Post Reply

EZRA HOLDINGS - RED HOT NEWS Post Reply Rate topic
sheerluck Supreme	21-Dec-2015 08:37        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	Why don' t you cheack Bloomberg which say US34.48. Lucky03      ( Date: 21-Dec-2015 08:07) Posted: http://www.cx-portal.com/_smb/wti.php newbieliu      ( Date: 21-Dec-2015 08:05) Posted: I only see it at 34.88 6.21PM EST for last Friday... Where did you get the price from?   Drop till 5 cents? mmm dont think that will happen ... by then it is a sunk ship that no one will board
Useful To Me  Not Useful To Me
Lucky03 Elite	21-Dec-2015 08:07        Lucky03 About Contact  Quote this Post!
x 0   x 0  Alert Admin	http://www.cx-portal.com/_smb/wti.php newbieliu      ( Date: 21-Dec-2015 08:05) Posted: I only see it at 34.88 6.21PM EST for last Friday... Where did you get the price from?   Drop till 5 cents? mmm dont think that will happen ... by then it is a sunk ship that no one will board Lucky03      ( Date: 21-Dec-2015 07:59) Posted: Not sure if there is any mistake but did crude just gap up at US$35.80, almost $1.20 higher than closing last Fri trading from US ? Hovering around US$35.65 now. No idea of any reason for the jump but sustainable ?
Useful To Me  Not Useful To Me
newbieliu Elite	21-Dec-2015 08:05        newbieliu About Contact  Quote this Post!
x 0   x 0  Alert Admin	I only see it at 34.88 6.21PM EST for last Friday... Where did you get the price from?   Drop till 5 cents? mmm dont think that will happen ... by then it is a sunk ship that no one will board Lucky03      ( Date: 21-Dec-2015 07:59) Posted: Not sure if there is any mistake but did crude just gap up at US$35.80, almost $1.20 higher than closing last Fri trading from US ? Hovering around US$35.65 now. No idea of any reason for the jump but sustainable ?
Useful To Me  Not Useful To Me
Lucky03 Elite	21-Dec-2015 07:59        Lucky03 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Not sure if there is any mistake but did crude just gap up at US$35.80, almost $1.20 higher than closing last Fri trading from US ? Hovering around US$35.65 now. No idea of any reason for the jump but sustainable ?
Useful To Me  Not Useful To Me
Lucky03 Elite	21-Dec-2015 07:54        Lucky03 About Contact  Quote this Post!
x 0   x 0  Alert Admin	I didn't say that privatization is coming for Ezra. I said if it drops to as low as $0.005, it may be more 'worth while' for the family to buy back and sell the shares to more strategic investors such as Chiyoda and perhaps re-list when the market condition improves which we all know is a matter of time. Greatman      ( Date: 21-Dec-2015 01:51) Posted: Privatisation at this stage is out of the question bro. Please dont mislead others and give ppl false hope. Bonds due 2016 2018 ezra still doesnt have the mean to meet the obligations. You think the family, as business persons, so dumb go and carry the debt themselves? When they announced the launch of 2018 bond i already threw away the shares and never turned back. Raise new debt to cover old debt, the most unthinkable move. Its like borrow from ah long then due date borrow from another ah long to cover. Or use credit card debt to cover another credit card debt. Debt spiral which will never end. Saw this coming very long ago. Most likely scenario is share price get trampled until Blumont price and series of fundraising not excluding further rights issues. Lucky03      ( Date: 20-Dec-2015 23:19) Posted: Blumont Group is a Singapore Investment Company specializing in strategic investments of steel making raw materials, base metals, agriculture, precious metals & stones and logistics infrastructure.. Ezra is very different as it is offering engineering and operational services to O&G companies. No matter what, so long as oil is still being extracted which is in fact in increasing amount that explains the glut, such services will be needed. The challenge now is the balance sheet and the cost structure that can survive the difficult times with lower crude prices which in turn means their customers may be only able to pay less for more. After the completion of Lewak, Ezra should not be having any major capital investment in the short term. The last funds raising exercise through rights issues plus the sales of 50% of EMAS AMC to Chiyoda should reduce the gearing significantly. Reduction in interest expense should help to cushion the erosion of margin. If the price were to fall to $0.05, it would have fallen below its IPO price of $0.063 in 2003 and the family might as well launch a buyout for privatization ! The closing price on day 1 was $0.099.
Useful To Me  Not Useful To Me
Greatman Senior	21-Dec-2015 01:51        Greatman About Contact  Quote this Post!   Yells: "Be water my friend"
x 1   x 0  Alert Admin	Privatisation at this stage is out of the question bro. Please dont mislead others and give ppl false hope. Bonds due 2016 2018 ezra still doesnt have the mean to meet the obligations. You think the family, as business persons, so dumb go and carry the debt themselves? When they announced the launch of 2018 bond i already threw away the shares and never turned back. Raise new debt to cover old debt, the most unthinkable move. Its like borrow from ah long then due date borrow from another ah long to cover. Or use credit card debt to cover another credit card debt. Debt spiral which will never end. Saw this coming very long ago. Most likely scenario is share price get trampled until Blumont price and series of fundraising not excluding further rights issues. Lucky03      ( Date: 20-Dec-2015 23:19) Posted: Blumont Group is a Singapore Investment Company specializing in strategic investments of steel making raw materials, base metals, agriculture, precious metals & stones and logistics infrastructure.. Ezra is very different as it is offering engineering and operational services to O&G companies. No matter what, so long as oil is still being extracted which is in fact in increasing amount that explains the glut, such services will be needed. The challenge now is the balance sheet and the cost structure that can survive the difficult times with lower crude prices which in turn means their customers may be only able to pay less for more. After the completion of Lewak, Ezra should not be having any major capital investment in the short term. The last funds raising exercise through rights issues plus the sales of 50% of EMAS AMC to Chiyoda should reduce the gearing significantly. Reduction in interest expense should help to cushion the erosion of margin. If the price were to fall to $0.05, it would have fallen below its IPO price of $0.063 in 2003 and the family might as well launch a buyout for privatization ! The closing price on day 1 was $0.099. Ray12888      ( Date: 20-Dec-2015 21:48) Posted: Another stock following Blumont footstep. Slowly reaching for $0.001.
Useful To Me  Not Useful To Me
Lucky03 Elite	20-Dec-2015 23:19        Lucky03 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Blumont Group is a Singapore Investment Company specializing in strategic investments of steel making raw materials, base metals, agriculture, precious metals & stones and logistics infrastructure.. Ezra is very different as it is offering engineering and operational services to O&G companies. No matter what, so long as oil is still being extracted which is in fact in increasing amount that explains the glut, such services will be needed. The challenge now is the balance sheet and the cost structure that can survive the difficult times with lower crude prices which in turn means their customers may be only able to pay less for more. After the completion of Lewak, Ezra should not be having any major capital investment in the short term. The last funds raising exercise through rights issues plus the sales of 50% of EMAS AMC to Chiyoda should reduce the gearing significantly. Reduction in interest expense should help to cushion the erosion of margin. If the price were to fall to $0.05, it would have fallen below its IPO price of $0.063 in 2003 and the family might as well launch a buyout for privatization ! The closing price on day 1 was $0.099. Ray12888      ( Date: 20-Dec-2015 21:48) Posted: Another stock following Blumont footstep. Slowly reaching for $0.001.
Useful To Me  Not Useful To Me
Ray12888 Veteran	20-Dec-2015 21:48        Ray12888 About Contact  Quote this Post! Style: Technical   Mood: Yells: "MoneyInTheChart com / blog"
x 0   x 0  Alert Admin	Another stock following Blumont footstep. Slowly reaching for $0.001.
Useful To Me  Not Useful To Me
Zindarion Veteran	20-Dec-2015 17:21        Zindarion About Contact  Quote this Post!
x 0   x 0  Alert Admin	I would only wait to see what LL plan to do first. Consolidation to reach mtp? I have seen how badly consolidation for sgx market as of now. Shit management from my view. Plunge + rights issue.... not propecting minor shareholders at all. Luckily i get out early to avoid losses in ezra. teeth53      ( Date: 20-Dec-2015 16:55) Posted: In general. Mkt for oil n gas plus consrtuction in not very optimistic going into 1st half of 2016. Plus all the msg coming out of, created by SGX new CEO does not help either. Lepin888      ( Date: 17-Dec-2015 22:24) Posted: I think this company balance sheet is negative...worry banks will pull once stack of cards start to fall... Also I am sure it has lots of off balance sheet liabilities..just ask retiring chairman j
Useful To Me  Not Useful To Me
teeth53 Supreme	20-Dec-2015 16:55        teeth53 About Contact  Quote this Post! Style: Flexible   Mood: Yells: "don't learn through life, learn to grow with life "
x 0   x 0  Alert Admin	In general. Mkt for oil n gas plus consrtuction in not very optimistic going into 1st half of 2016. Plus all the msg coming out of, created by SGX new CEO does not help either. Lepin888      ( Date: 17-Dec-2015 22:24) Posted: I think this company balance sheet is negative...worry banks will pull once stack of cards start to fall... Also I am sure it has lots of off balance sheet liabilities..just ask retiring chairman j
Useful To Me  Not Useful To Me
teeth53 Supreme	20-Dec-2015 16:47        teeth53 About Contact  Quote this Post! Style: Flexible   Mood: Yells: "don't learn through life, learn to grow with life "
x 0   x 0  Alert Admin	They likely don't bother, rule say can tranfer to catalist, then they oso rejected Ley Choon going catalist. newbieliu      ( Date: 18-Dec-2015 22:11) Posted: By September yea .... I am wondering what is sgx gonna do if a company share price is shot down below 20 cents after September ... which is likely ... did they ask or answer ? Zindarion      ( Date: 18-Dec-2015 21:38) Posted: Sgx extend another 6 months for MTP...if i remember correctly reading such news recently.
Useful To Me  Not Useful To Me
spore1 Supreme	20-Dec-2015 12:51        spore1 About Contact  Quote this Post!
x 0   x 0  Alert Admin	5 cents then consider
Useful To Me  Not Useful To Me
bluecloud Member	20-Dec-2015 12:33        bluecloud About Contact  Quote this Post!
x 0   x 0  Alert Admin	Good management but very bad times for the industry. Can' t do much now except waiting.
Useful To Me  Not Useful To Me
Lucky03 Elite	19-Dec-2015 13:39        Lucky03 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Reposting the article on the sales of 50% EMAS AMC to Chiyoda. It has been approved by shareholder last week so will we expect to hear anything soon if there is indeed more complex opportunities available for Ezra ? it said that the more complex projects are typically in the range of US$1 billion to US$2 billion ! LL also added that the company's tender book comprises projects worth about US$9 billion, of which none have been cancelled or delayed substantially. The news propelled Ezra from below $0.10 to $0.132 and it has since retraced back to below $0.10..... Given that both Ezion and Triyards announced positive news last week, hope it won't be too long we hear something positive from Ezra too. Ezra sells 50% stake in subsea unit to Chiyoda PUBLISHED AUG 28, 2015, 5:00 AM SGT 3,903 $252m joint venture with engineering giant will open doors to more complex projects Jacqueline Woo Oilfield services group Ezra Holdings is selling a 50 per cent stake in its subsea unit to a Japanese firm for US$180 million (S$252 million). It has inked an agreement with engineering giant Chiyoda Corporation for the sale of the Emas AMC stake, it announced yesterday. The deal will involve a restructuring of Emas AMC, which will then be renamed Emas Chiyoda Subsea. Ezra said the total value of the deal, when including Emas AMC's third-party net debt of US$530 million and a further US$360 million in long-term funding from Ezra, would amount to US$1.25 billion. Mr Lionel Lee, Ezra group chief executive and managing director, told a briefing at Fairmont Hotel that the joint venture will allow Emas to undertake larger and more complex deepwater installation projects around the world, which typically range from US$1 billion to US$2 billion. "We will also have access to a global network of engineering centres, wider supply chain capability and global vendor networks, and a wider global client network as well," he said, adding that it will enhance Emas AMC's overall competitiveness, while strengthening Ezra's balance sheet. Mr Lee remains optimistic about the long-term outlook for deepwater projects despite the persistent weakness in oil prices. He added that the company's tender book comprises projects worth about US$9 billion, of which none have been cancelled or delayed substantially. Chiyoda president and chief executive Shogo Shibuya, who was also at the briefing, said the firm had been looking for opportunities to expand into the upstream oil and gas business - a portfolio it would build as its "next core business". "With the establishment of Emas Chiyoda Subsea, we are in a position to provide comprehensive services to our clients... throughout the life cycle of any offshore oil and gas project." The transaction, though still subject to the approval of Ezra shareholders and other conditions, is expected to close by the year-end. Last year, the company sold its offshore marine supporting operations to its Oslo-listed affiliate EOC for US$502 million, in a move to focus more on the growing subsea services market. Ezra had requested a trading halt on its shares yesterday morning. The counter, which resumes trading this morning, had closed 0.8 cent or 7.5 per cent up at 11.4 cents on Wednesday.
Useful To Me  Not Useful To Me
newbieliu Elite	18-Dec-2015 22:11        newbieliu About Contact  Quote this Post!
x 0   x 0  Alert Admin	By September yea .... I am wondering what is sgx gonna do if a company share price is shot down below 20 cents after September ... which is likely ... did they ask or answer ? Zindarion      ( Date: 18-Dec-2015 21:38) Posted: Sgx extend another 6 months for MTP...if i remember correctly reading such news recently. halleluyah      ( Date: 18-Dec-2015 19:43) Posted: Guess all by March....
Useful To Me  Not Useful To Me
Zindarion Veteran	18-Dec-2015 21:38        Zindarion About Contact  Quote this Post!
x 0   x 0  Alert Admin	Sgx extend another 6 months for MTP...if i remember correctly reading such news recently. halleluyah      ( Date: 18-Dec-2015 19:43) Posted: Guess all by March..... Greatman      ( Date: 18-Dec-2015 18:45) Posted: When will Ezra consolidate their shares?
Useful To Me  Not Useful To Me
Qanghoo Supreme	18-Dec-2015 19:50        Qanghoo About Contact  Quote this Post!
x 0   x 0  Alert Admin	Or does LL think he cld perform some PL magic as seems to be happening  with Rowsley? halleluyah      ( Date: 18-Dec-2015 19:43) Posted: Guess all by March..... Greatman      ( Date: 18-Dec-2015 18:45) Posted: When will Ezra consolidate their shares?
Useful To Me  Not Useful To Me
halleluyah Supreme	18-Dec-2015 19:43        halleluyah About Contact  Quote this Post!
x 0   x 0  Alert Admin	Guess all by March..... Greatman      ( Date: 18-Dec-2015 18:45) Posted: When will Ezra consolidate their shares?
Useful To Me  Not Useful To Me
Greatman Senior	18-Dec-2015 18:45        Greatman About Contact  Quote this Post!   Yells: "Be water my friend"
x 1   x 0  Alert Admin	When will Ezra consolidate their shares?
Useful To Me  Not Useful To Me
newbieliu Elite	18-Dec-2015 16:59        newbieliu About Contact  Quote this Post!
x 0   x 0  Alert Admin	Suspected the technical rebound was being suppressed despite good news... see if this monster will roar and soar next week! The oil will surge for this winter for a short while at least we pray hehe Qanghoo      ( Date: 18-Dec-2015 09:31) Posted: Yesterday seemed well supported at 9.6.  Today, blood all over.  yNotcool      ( Date: 18-Dec-2015 09:30) Posted: i think the good news of contract win by triyard got clouded by the fact that ezra buying emas offshore stakes in PPT at 5X premium. LOL so generous. thot they are having cash crunch
Useful To Me  Not Useful To Me

                                                         First   < Newer   9941-9960 of 14032   Older>   Last