Alphaquant's observation remains valid. The cash calls of the company from spinoffs and placements speak volume
Probably a good explanation on their deteriorating disclosure policies
(09-10-2012, 03:24 PM)Musicwhiz Wrote: [ -> ] (19-09-2012, 09:11 PM)AlphaQuant Wrote: [ -> ]i was taking a look at the balance sheets of this bloke. it looks like a walking timebomb.
Has been that way since 2008-2009 period.
Perhaps the Company looks to grow its way out of the debt......
any news?
up 18% today!!!
(11-09-2013, 03:26 PM)felixleong Wrote: [ -> ]any news?
up 18% today!!!
Comparable industry with similar insider. Take a look at Loyz energy Aka Toilet bowl up 20%..
(11-09-2013, 03:26 PM)felixleong Wrote: [ -> ]any news?
up 18% today!!!
92 cts and $1.03 were the key resistance levels which the punters and syndicate overcame today with a breakout to 1.07 and maybe even higher. Not advisable to short this stock even though the fundamentals suck as they had yet to start profit taking. If you cant beat them, join them. Though the party might be over by the time retail investors get lured in.
Seriously I am surprise at the 23% rise today but ezra says they are not aware of any news. :eek:
something must be brewing... but its such a speculative stock... is there any value in this stock?
(11-09-2013, 05:59 PM)felixleong Wrote: [ -> ]something must be brewing... but its such a speculative stock... is there any value in this stock?
I'm vested but I would say that it is not possible to calculate the value in this stock. Its debt is very high and one of the companies that they acquired has pension plan. The only consolation for those who want to buy is to hope that their revenue in the years to come would be able to pay back their high debt.
"Singapore: Ezra Holdings shares rocketed 16.5 cents today by 3.30pm to S$1.055 as speculation of a major announcement grew leading the Singapore Stock Exchange (SGX) to publicly question Ezra why the price has leapt so much in one day. In late August Ezra was forced to deny rumours that Korean shipyard Samsung Heavy Industries was looking to buy out the offshore specialist.
At 4.30pm Ezra replied to SGX stating it was unaware why the share price was rising, and that it had complied with all SGX disclosure clauses. Ezra also added that it "regularly explores and reviews business opportunities, projects and proposals relating to the subsea business and enters into discussions with various parties from time to time". [11/09/13]"
http://www.seashipnews.com/news_content....d=3w3c1349
Possible sell-out to SHI? :O
I believe there's something brewing, but maybe it's not finalized, so Ezra doesn't want to announce at the moment.
Time to review business opportunities. +10%