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Drop to $0.31 now
Ya, throw at 0.33 alrdy.
dicksonh ( Date: 10-Oct-2013 09:38) Posted:
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Going up today! hope it can break previous barriers! |
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Going up today! hope it can break previous barriers!
Maybe wait till friday & see will up anot.
Tiencheong ( Date: 08-Oct-2013 20:22) Posted:
But this few counters can gap up any time, you think not worth to bet?
daniel1177 ( Date: 08-Oct-2013 17:35) Posted:
| Sell at .27... the closing is si bey sui for most of the pennies today. . Especially ap, ocean n Alberto. . Should start beautiful 2morow . But be careful.. it may be the bb push up the price to attract the retailers, the sky not really clear yet now. Got profit just take.. try not hold overnight. . Just my view... |
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But this few counters can gap up any time, you think not worth to bet?
daniel1177 ( Date: 08-Oct-2013 17:35) Posted:
Sell at .27... the closing is si bey sui for most of the pennies today. . Especially ap, ocean n Alberto. . Should start beautiful 2morow . But be careful.. it may be the bb push up the price to attract the retailers, the sky not really clear yet now. Got profit just take.. try not hold overnight. . Just my view...
ShareSharelor ( Date: 08-Oct-2013 15:46) Posted:
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Sell at .27... the closing is si bey sui for most of the pennies today. . Especially ap, ocean n Alberto. . Should start beautiful 2morow . But be careful.. it may be the bb push up the price to attract the retailers, the sky not really clear yet now. Got profit just take.. try not hold overnight. . Just my view...
ShareSharelor ( Date: 08-Oct-2013 15:46) Posted:
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Just entered at $0.28
this share went down so much....could it be due to the recent acquisition or the overall market sentiment about penny stock?
dwn so much 11.5c.
Octavia ( Date: 07-Oct-2013 10:01) Posted:
| stay clear...afterall still a shell. |
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stay clear...afterall still a shell.
Ocean Sky is definitely a value stock and with the stock market darling, Ezion, proposing a share swap to take a stake in it, I am sure the stock will rise
Ezion taking stake in Ocean Sky -
http://valuestocksinvesting.blogspot.sg/2013/10/finding-undervalued-singapore-stock.htmlUndervalued stock - Ocean Sky -
http://valuestocksinvesting.blogspot.sg/2013/04/finding-undervalued-singapore-stock.html________________________________________________________________________________ __________________________________
Disclaimer: This is
not a buy or sell stock tip. Please do your own research.
Value investing
blog: http://valuestocksinvesting.blogspot.sg/
$1 in the making
Ezion is redesignating its existing chief operating officer, Captain Larry Glenn Johnson, as the new chief executive officer cum executive director of Ocean Sky upon the successful acquisition of 45.15% of the total enlarged share capital of Ocean Sky.
Ezion will also appoint its deputy chief operating officer, Lee Kon Meng, as its chief operating officer.
Ezion / Ocean Sky: CIMB maintains its high conviction O/p call on Ezion with $2.68 TP. Note that the restructuring of Ezion?s marine supply base business via a special purpose vehicle will enable the company to focus its resources on expansion of its service rig business while allowing it to continue reaping benefits from other business opportunities. Add that the restructuring, should also see the next shift in Ezion?s focus ? from a service rig owner (provision of vessel only) to an operator (provision of both crew and vessel). Secondly, OSI will be able to develop the marine base using its own balance sheet, without stretching Ezion?s balance sheet or human resources. On completion of the acquisition, OSI will be a well-capitalised company with a starting equity base of $108m and will be primed to start work immediately. Last, the dilution for Ezion?s existing shareholders is minimal at 2%. Overall, house keeps FY13-15 EPS forecasts as there is marginal impact from the restructuring. Also intact are Outperform rating and target price, which remains based on a blend of P/E (7.7x CY14) and P/BV (2.3x CY13) valuations. Ezion is house top pick among small-to mid-cap O& M stocks.
In accordance with Rule 14 of the Singapore Code on Take-overs and Mergers (the " Code" ), the Offeror is required, on Completion, to make a mandatory cash offer (the " Offer" ) for all the issued and paid-up ordinary shares in the capital of the Company (the " Shares" ) other than those already owned, controlled or agreed to be acquired by the Offeror and parties acting in concert with it, in accordance with Section 139 of the Securities and Futures Act, Chapter 289 of Singapore (the " SFA" ) and the Code.
1.2. Pre-Conditional Offer.
acjyyy ( Date: 30-Sep-2013 10:46) Posted:
a subscription agreement dated 30 September 2013 (the ?Introducer Agreement?) with Mr. Tan Kim Seng (the ?Introducer?), pursuant to which the Company shall allot and issue to the Introducer 25,000,000 new ordinary shares in the capital of the 3 Company (the ?Introducer Shares?) at an issue price of S$0.108 per Introducer
Share
The $0.108 shares are alloted to Mr Tan Kim Seng, so i don't think will have huge impact on the share price.. imho
WanSiTong ( Date: 30-Sep-2013 10:38) Posted:
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3. DETAILS OF THE OFFER
3.1. Terms of the Offer. In accordance with Section 139 of the SFA and Rule 14 of the Code, and subject to the satisfaction of the Conditions Precedent and the occurrence of Completion, the Offeror will on Completion make the Offer for all the Shares other than those already owned, controlled or agreed to be acquired by the Offeror and parties acting in concert with it (the " Offer Shares" ) on the following basis:
For each Offer Share: S$0.108 in cash (the " Offer Price" ).
The Offeror does not intend to revise the Offer Price.
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Ezion has proposed to subscribe for 440 million new Ocean Sky shares at S$0.108 each to be satisfied by the issue of 20.21 million new Ezion shares to Ocean Sky. ? i thought it will be cash offer?Octavia ( Date: 30-Sep-2013 13:47) Posted:
Ezion to buy 45.15% of enlarged Ocean Sky, inject marine ops
EZION Holdings said on Monday that it is planning to buy 45.15 per cent of the enlarged share capital of Ocean Sky International.
Ezion has proposed to subscribe for 440 million new Ocean Sky shares at S$0.108 each to be satisfied by the issue of 20.21 million new Ezion shares to Ocean Sky.
In addition, Ezion is also proposing to buy 165 million share options. Each option carrys the right to subscribe for one new Ocean Sky share at the exercise price of S$0.108 each.
Ezion plans to inject its marine supply base business into Ocean Sky.
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So now Ezion will have it's 2nd engine to boost its company size
Octavia ( Date: 30-Sep-2013 13:47) Posted:
Ezion to buy 45.15% of enlarged Ocean Sky, inject marine ops
EZION Holdings said on Monday that it is planning to buy 45.15 per cent of the enlarged share capital of Ocean Sky International.
Ezion has proposed to subscribe for 440 million new Ocean Sky shares at S$0.108 each to be satisfied by the issue of 20.21 million new Ezion shares to Ocean Sky.
In addition, Ezion is also proposing to buy 165 million share options. Each option carrys the right to subscribe for one new Ocean Sky share at the exercise price of S$0.108 each.
Ezion plans to inject its marine supply base business into Ocean Sky.
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Ezion to buy 45.15% of enlarged Ocean Sky, inject marine ops
EZION Holdings said on Monday that it is planning to buy 45.15 per cent of the enlarged share capital of Ocean Sky International.
Ezion has proposed to subscribe for 440 million new Ocean Sky shares at S$0.108 each to be satisfied by the issue of 20.21 million new Ezion shares to Ocean Sky.
In addition, Ezion is also proposing to buy 165 million share options. Each option carrys the right to subscribe for one new Ocean Sky share at the exercise price of S$0.108 each.
Ezion plans to inject its marine supply base business into Ocean Sky.
