17-01-2014, 11:47 PM
(17-01-2014, 03:46 PM)specuvestor Wrote: Ezra keep raising funds from capital markets
http://www.valuebuddies.com/thread-159-p...l#pid47450
That is true and if I don't recall wrongly they did something like that of "talks" of potential listing in LSE in 2011 on Aker Marine.. Lionel Lee is a capital market player more than a offshore oil & gas businessman. (I reckon he's gonna do better in corporate finance than drilling oil)
Ever since founder of Ezra Lee Kian Soo become chairman of Ezion in 2007, He has generated so much returns for Ezion shareholders as compared to Ezra when Lionel took over in 2005.
Oil & gas is not an everyone's market.. Even Keppel Corp and Sembmarine are losing their edge (I feel). Likewise, you cant engage an Army general who just turn 45 to run a Multi-billion dollar corp overnight.