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yes, from now go holiday n go to zzz first..wake up in mid dec one week before xmas n see where the good stock prices are ..cannot trade simply just wait for the price you want n keen to enter n buy n lock up to hold till next year n sell before usa debt ceiling talk debate on 15 jan 2014.
Watch out also for EZRA as it is making a comeback
yongk666 ( Date: 20-Nov-2013 11:36) Posted:
Momentum should be coming from Xmas Yr end rally fund rotations for next yr
newbie2012 ( Date: 20-Nov-2013 07:41) Posted:
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Momentum should be coming from Xmas Yr end rally fund rotations for next yr
newbie2012 ( Date: 20-Nov-2013 07:41) Posted:
agree.....
BullsAndBear ( Date: 19-Nov-2013 21:40) Posted:
Lets see if the support at 2.06-2.07 can hold. But judging that ezion has just announce its 3Q/13 profits, i do not really foresee what could give this stock the push towards the next level. And don't forget about the 20% bonus issue that is being injected into the pool.
However that being noted, if you do not have the time and effort to monitor the market daily, then i think it is still generally alright to hold on to the stock if you do not mind the volatility. Outlooks still remains positive for the next 6-12months.
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agree.....
BullsAndBear ( Date: 19-Nov-2013 21:40) Posted:
Lets see if the support at 2.06-2.07 can hold. But judging that ezion has just announce its 3Q/13 profits, i do not really foresee what could give this stock the push towards the next level. And don't forget about the 20% bonus issue that is being injected into the pool.
However that being noted, if you do not have the time and effort to monitor the market daily, then i think it is still generally alright to hold on to the stock if you do not mind the volatility. Outlooks still remains positive for the next 6-12months.
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Lets see if the support at 2.06-2.07 can hold. But judging that ezion has just announce its 3Q/13 profits, i do not really foresee what could give this stock the push towards the next level. And don't forget about the 20% bonus issue that is being injected into the pool.
However that being noted, if you do not have the time and effort to monitor the market daily, then i think it is still generally alright to hold on to the stock if you do not mind the volatility. Outlooks still remains positive for the next 6-12months.
If it stable around 206 to 210 range then could be waiting for next leg up
newbie2012 ( Date: 19-Nov-2013 14:05) Posted:
i close mine last week at 2.08......after close, start to suspect my decision but now, seems like i m not alone....lol
BullsAndBear ( Date: 19-Nov-2013 13:57) Posted:
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Closed out my position to lock in some nice profits $$$. Buyers looking exhausted. Waiting for a good re-entry point haha. |
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i close mine last week at 2.08......after close, start to suspect my decision but now, seems like i m not alone....lol
BullsAndBear ( Date: 19-Nov-2013 13:57) Posted:
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Closed out my position to lock in some nice profits $$$. Buyers looking exhausted. Waiting for a good re-entry point haha. |
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Closed out my position to lock in some nice profits $$$. Buyers looking exhausted. Waiting for a good re-entry point haha.
needs a rest...x bonus is was 1.915, but hardly done anything, so 1.97 main climb started. maybe can wait for that level. anything possible...
Dont think could go to 201 hopefully
need a good rest first..see if go to support 2-2.02..force selling ahead in coming days.
Dun know whether Oil prices weaken trend will affect or not
Look like flushing out weak holders
oooppsss salah.......
i still believe its on an uptrend but probably going through a pull back.
cannot say totally bearish as 20ma is still up slope i guess
newbie2012 ( Date: 18-Nov-2013 15:49) Posted:
technical chart looks bearish but seems to be able to find support @ 2.06.
tgt of shorting at 2.05...haha
pnuklis ( Date: 18-Nov-2013 15:45) Posted:
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I thought with the good result the stock had held on! but the 20% dilution seems to have creped in it's effect. donno why sliding down. |
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technical chart looks bearish but seems to be able to find support @ 2.06.
tgt of shorting at 2.05...haha
pnuklis ( Date: 18-Nov-2013 15:45) Posted:
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I thought with the good result the stock had held on! but the 20% dilution seems to have creped in it's effect. donno why sliding down. |
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I thought with the good result the stock had held on! but the 20% dilution seems to have creped in it's effect. donno why sliding down.
If you take into account the bonus share issue, this stock has already had a run up of close to 14-15% from the date of announcement of its bonus share.
I take the price before CB of $2.32. And after XB at $1.94. Technically speaking it should fall to $1.86-87 after XB, but it held up quite strongly.
If I take $1.87 as the starting price post XB, the share had a run up of about 14-15%. (More conservative)
If I take $1.94 as the starting price post XB, the share run up will be about 10-11%
Considering that it is only about less than 2 weeks from the bonus share announcement. I'll definitely expect a correction this week. Most probably a pull back of about 5-6%.
It may be a good time to lock in some profits now and wait for the stock to consolidate.
However I do concur that it is a good share to buy on a pull back with significant long term potential gains.
pullback from high of $2.4+ .. now low $2.. still a gd biz nonetheless
Decent results, promising growth
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consensus estimate
3Q13 earnings slightly better than our above
?
by lower JV and other income
Gross margin outperformed impact partially offset
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delivered in 3Q, three more by Dec
Some delivery rescheduling two service rigs were
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Maintain BUY with TP raised slightly to S$2.65
2Q results beat expectations
3Q13 results above.
y and 5% q-o-q to US$38.2m, bringing 9M13 net profit to
US$102.9m, or 73% and 77% of our and consensus? FY13
estimates. Growth was driven by fleet expansion,
commencement of three LNG projects at Curtis Island and
margin improvement. We are impressed with the 1.9ppt q-o-q
gross margin expansion to 48.2%, though impact on the
bottomline was partially offset by lower JV and other income.
Net gearing is manageable at 1.05x as of end Sept.
Ezion?s 3Q13 net profit surged 137% yo-
Fleet to reach 18 rigs by Dec FY14/15F EPS raised by
3/2%.
in Myanmar and Mexico in 3Q - and three more units are
expected to come onstream by end Dec (for Caspian Sea, India
and Middle East), bringing its total fleet to 18 vessels (double
that of 9 in early 2013). Management indicated during the
briefing that 3 liftboats and 1 refurbished jackup rig are
experiencing delays of 3-6 months due to external factors. In
addition, service rig #11 will be off hire for about 5 months for
an upgrade requested by customer. We have adjusted our
revenue recognition accordingly. Nonetheless, after factoring
positive impact from higher margins, lower tax and interest
expense, our FY14/15F EPS are lifted marginally by 3.0%/1.6%.
Ezion took delivery of two service rigs - for deployment
BUY, TP adjusted to S$2.65,
EPS. Current valuation is undemanding and we believe Ezion?s
strong earnings growth (2-year CAGR of 42% in FY13-15) and
contract wins will drive the stock price further. Maintain BUY.
based on 14x revised FY13/14Fozone2002 ( Date: 30-Aug-2013 10:25) Posted:
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This is a stock to buy on pull back.. great business, growth stock
Far and away from Syria DBS
deployed in Middle East Secured charter contract for a service rig to be
long distance from Syria Ezion?s service rigs for Middle East are near Qatar, a
Maintain BUY TP S$3.20
Adding 3
charter contract to provide bareboat charter for a refurbished
jack up rig worth US$49.1m over four years. Upgrading and
refurbishment work is expected to commence at the Middle
East yard next week and the rig is scheduled to be delivered
to a national oil company in Middle East by mid-2014. The
cost of the project ? US$40m - will be funded by equity (30%)
and 5-year floating bank borrowings (70%). rd service rig to Middle East. Ezion has signed a
Slightly different accounting treatment.
secured at Ezion level and the service rig will be chartered
from a 50:50 JV of Ezion and Scott & English Limited, a
subsidiary of Kim Seng Holdings. Hence, Ezion will consolidate
the project revenue but at minimal profits. Bulk of profits will
still be recognised under associate/JV income line and/or other
income as management fees, similar to their previous JV
vessels. We estimate this latest contract to contribute about
US$1.5m in FY14 and US$3.2m in FY15, representing 0.6%
and 1.2% of our FY14 and FY15 forecasts respectively. The contract is
A long way from Syria.
service rig operating in Middle East, in the Arabian Gulf near
Qatar. The second one, which will come on stream by early
2014, will be deployed around that region as well. Currently, Ezion has only one
Maintain BUY TP S$3.20.
intact, with the expectations of three additional contracts this
year and eight next year. Maintain BUY on Ezion with an
unchanged TP of S$3.20, pegged to 14x FY13/14 PE. We
continue to like Ezion?s strong growth profile and earnings
visibility. We are keeping our forecasts |
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Probably because of the new bonus share trading into the market. And Nov has been infamously known to have a dirty of buyers. This 2 reasons definitely will place some downward pressure on the share price. There will probably be some consolidation. Overall outlook for this stock remains positive, assuming there are no external shocks to the market.
amateurlearner ( Date: 15-Nov-2013 12:07) Posted:
power not enough
BullsAndBear ( Date: 15-Nov-2013 08:41) Posted:
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TP: 2.20 today haha. Opening I predict to be around 2.14-2.15 haha! =D |
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probably because today is Friday hence no want to eat........perhaps...n moreover T plus 5 last week price was very cheap.
