
tradersgx posted Ezra half yearly report link below and someone comments that it doesn't look good with -23% revenue.
http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_4D9FEB6B2085F21C482577000031A1FB/$file/Ezra1HFY10.pdf?openelement
Note that this is NOT a call to SELL. It is just that you should also consider this piece of news for your BUY/SELL this week.
for ezion to sustain it upward momentum, volume is the key.
it seem ezion has fail to garner enough buying power for consecutive days to push the stock price up.
0.80 is a big resistence it need to break.
With the rising oil prices, Ezion will rise in tandem. TP is around .90
rpires ( Date: 02-Apr-2010 10:40) Posted:
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personally i saw it as a +ve. if you can hold, try to hold it and not put yourself into panic selling.
volume are heavy in a +2 cents up momemtum.
Ezra is moving up today. (+0.050)
Ezion could be forming temp support at 0.750.
Trading range of 0.75-0.79 starts to make this Ezion attractive.

Be sure to watch out if it break the 0.750 support line.
50d MA line would be the next support line @ 0.735.
Today broke the strong support of 0.755, think should run already, risky to hold on now. Market sentiment suddenly turn bad today, if tomorrow still don't improve, expect to see more reds in the market. Trade with care!

Able to bounce back to 0.78 or higher?
Went down to 0.750 right before closing. Last trade was 121k BUY @ 0.750....lucky sia..
0.750 is a 2-week low for this counter.
Any insights, anyone? or simply because STI dropped a significant 46 pt. : (
Excellent Analysis
rpires ( Date: 05-Mar-2010 07:47) Posted:
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hit 0.775 with all SELL from 0.770 onwards.
Ezra breaks out of resistance today....EzionHld at 0.76.
Range seems to be wider 0.755 - 0.77 for today.
Volume slightly higher than that of past 4 days @ ~ 3M
observed this counter for few days already...trading volume is so so only...
no big volume movement so far...looks like another buy and hold for long term counter.
** solute to rpires for his analysis **
EzionHldg is in consolidation for the past 12 days.
Trading in narrow range 0.755 - 0.78.
Close to 14-d MA (exponential) support line.
Attractive to buy as it is near support level.
Thanks, rpires for replying. Will keep your pointers in mind. I'm looking at mid to long term.
rpires ( Date: 25-Mar-2010 14:57) Posted:
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as i mention early in the month to buy around 0.68 to 0.70.
however i notice there is resistance coming to 0.80. high sellers at that pt. but support at 0.76.
i am not sure what kind of investors your are dragonpnk. if u r long term, i say go ahead. if u short term, make sure you play within the 0.74 to 0.80. go in around 0.75 or lower. once it reach 0.79 , proceed to sell it. however pointer you need to note is volume. if volume is running low , you better jump ship!for ezion to go up, volume is to be pretty big to sustain it. if not, it will run out of steam.
Is it a good time to go in @ $0.760?
Okay will buy more on Monday.
tonylim ( Date: 05-Mar-2010 16:45) Posted:
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Major shareholder is EZRA !
tonylim ( Date: 05-Mar-2010 16:13) Posted:
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Little or no risk but high upside
Hulumas ( Date: 05-Mar-2010 15:46) Posted:
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So I buy at Sgd. 0.725 do you consider high risk?
rpires ( Date: 05-Mar-2010 07:47) Posted:
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I buy today at Sgd. 0.725. Up to Sgd. 1.00 I let go.
pharoah88 ( Date: 05-Mar-2010 09:29) Posted:
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