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12-05-2018, 11:03 AM
(This post was last modified: 12-05-2018, 11:03 AM by specuvestor.)
(11-05-2018, 11:46 PM)CY09 Wrote: http://infopub.sgx.com/FileOpen/Ezion_1Q...eID=505370
Ezion has delivered its Q1 results and its losses is significant (USD$46 million)
What is interesting is page 10/11 of the results in which Ezion has revealed that post re financing its NAV is 12.14 US cents or about 16 SG cents now. IMO, i expect Q3 financial results to turn into profits because Ezion is currently utilizing its cash to deploy its liftboats on site for contracts. However on a full financial year, i think Ezion will probably report a full year loss (albeit probably in a few million range)
<vested and probably interested to add more>
Strange, looking at the equities number & Non current liability pro forma it doesn’t seems that they took into account the convertibles converting
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