Ezion   

Ezion

Soon, it will follow his brother Ezra go long kang lah, Wahahahah!!!!!!!

 

Talk nonsense lah. Wahahaha!!!!

Short Short Short. Wahahahaha!!!!!!!!!

ytoh1688      ( Date: 04-Mar-2013 08:01) Posted: Yes Ezion just issued new shares of 50m ord shares which will lead to dillution as always.   But these shares were issued to spouse of Mr Chew Thiam Keng essentially Mr Chew himself at 1.895. This equate to insider trading and i am sure Mr Chew who is a veteran in the industry will not throw his own $93.5m away easily and increase his stake in the co by 5%?   Moreover, Mr Chew worked in DBS previously in Corp Finance and I am sure he is well versed in Finance and would have weighed in all the financing options he had.   He must be so then bullish abt his co that he is prepared to throw in $93.5m as he knows it will be worth much more later. Timing is the factor that is most relevant as he need to quickly finance the deals he announced on Feb 18 & Feb 28.   So why not quick couple of birds with one stone. So rationally, Ezion has a floor price of 1.895 and a ceiling price of 2.17.   based on fri closing of 1.945..i think...you all decide which end of the spectrum you are leaning towards. But I think we should be like Mr Chew and not throw away good money...although ours will be much smaller....but still good money.

 

Yes Ezion just issued new shares of 50m ord shares which will lead to dillution as always.   But these shares were issued to spouse of Mr Chew Thiam Keng essentially Mr Chew himself at 1.895. This equate to insider trading and i am sure Mr Chew who is a veteran in the industry will not throw his own $93.5m away easily and increase his stake in the co by 5%?   Moreover, Mr Chew worked in DBS previously in Corp Finance and I am sure he is well versed in Finance and would have weighed in all the financing options he had.   He must be so then bullish abt his co that he is prepared to throw in $93.5m as he knows it will be worth much more later.

Timing is the factor that is most relevant as he need to quickly finance the deals he announced on Feb 18 & Feb 28.   So why not quick couple of birds with one stone.

So rationally, Ezion has a floor price of 1.895 and a ceiling price of 2.17.   based on fri closing of 1.945..i think...you all decide which end of the spectrum you are leaning towards. But I think we should be like Mr Chew and not throw away good money...although ours will be much smaller....but still good money.

 

 

 

 

 

 

Short Short Short. Wahahahaha!!!!

4Q result show 3 million finance cost which the debt they raised recently start to count in interest. Profit margin is lower with higher revenue. EPS cannot catch the number of share that they issue, PE has been ramped up to above 20 by counting all the newshares which brokers doesn't put into their latest 2 dollars targetted report.

Time to short. Wahahaha!!!!! Ezion soon will be next Ezra. down down down. Oil price is dropped to 90, soon will be 80, then 70. Ezion will drop drop drop after counting the hill of new share. Wahahaha!!!!

 

The way they structure is like swiber in their heydays.
And the destiny :
Rolling down the hill.

But certainly Mr E has better contracts than swiber. Of course more key players.

Still u always Hv to cough up some monies to bid more.

 

With this dilution news, its best to convert your Ezion to subsidiary Yhm for a while until things sort out YHM is now run by Chew and co. of Ezion who will be getting noncompeting projects into Yhm. One 1.90 Ezion can give u about 45 YHM at 0.042.

 

The higher price you buy, the more share they are going to dilute. Wahaha!!! Now become the most expensive rigs operator in the world. Short short short.

 

Multi beggar. Debt continue go up, finance
Cost Increase, profit margin lower. Time to correct like ezra

 

Time to short! !!!

 

Actually there is a sparkgap at 187.
So may close before charging again.

 

Ezion hit our target peak 2.04 as predicted and plunged from there

for more details ,see my ezion chart ( click here)  tq

 

hello123      ( Date: 26-Feb-2013 02:46) Posted: ezion may have hit a medium term top at 2.04 .. see my ezion chart

 

I sure hope their tp is near term.. next week! Lol

ytoh1688      ( Date: 01-Mar-2013 16:23) Posted: CIMB issued a research report on 21st feb..with a neutral call with TP of 2.06.   With the latest news out today CIMB updated Ezion with a TP of 2.17.   So knee-jerk reaction.   time to accumlate I think

 

Yah, think about it so scary!!! Either i have one more sampan or I have to sell my old sampan!!!

FearValueGreed      ( Date: 01-Mar-2013 20:23) Posted: Those on contra must be cursing. Initially happy for new contract then come the bomb shell. Of placement. Thought they mentioned they Hv sufficient internal fund. All these management cannot be trusted. This is probably their 5 th placement if my memory is not wrong.

 

Those on contra must be cursing.
Initially happy for new contract then come the bomb shell. Of placement.

Thought they mentioned they Hv sufficient internal fund.
All these management cannot be trusted.

This is probably their 5 th placement if my memory is not wrong.

 

CIMB issued a research report on 21st feb..with a neutral call with TP of 2.06.   With the latest news out today CIMB updated Ezion with a TP of 2.17.   So knee-jerk reaction.   time to accumlate I think

 

Sifu isolator...见 好 就 收 ！ 👏 👏 👏

 

i think its a knee-jerk reaction.. 10c coincides with 5% of $2, matching the dilution of around 5%, where the share price was around in the last trading day..

acjyyy      ( Date: 01-Mar-2013 11:15) Posted: i hope u r right man. 10c gap down is no joke

 

i hope u r right man. 10c gap down is no joke 

 

Trading halt will be lifted at 1200h.

As they also said in their announcement, no material effect on its FY2013 performance.  

 

new announcement..

wondering can this news offset the bad news ytd

http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_16BBA2B5E2C4333048257B21000B5A40/$file/Ezion_Marine_Supply_Base_Update.pdf?openelement