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An Obama victory will leave less uncertainty for the markets and probably help what's been better sentiment in Asia recently," said Mark Headley of Matthews Asia Pacific fund. Had Romney won, it would mean " more uncertainty for a world already with lots of uncertainty."
Markets overseas have been pricing in and anticipating a win by President Obama as investors hoped for the continuity, said Jim Welsh, portfolio manager of the Forward Tactical Enhanced Fund. Foreign investors appreciate the " stability that a reelection of Obama would provide," he says.
Bro, you never read news. That's why you don't know obama elected, Dow will be red. Hahaha.
Obama is not welcomed by Wall street due to he is going to implement a lot of restriction on wall street transaction and borrowing.
srichipan ( Date: 07-Nov-2012 14:41) Posted:
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i believed if romney had won, the market will come crashing down.
so its a good thing obama won. :)
khng2012 ( Date: 07-Nov-2012 11:43) Posted:
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Like that price also cannot up.
ozone2002 ( Date: 07-Nov-2012 11:42) Posted:
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Subject to the terms and conditions of the Subscription Agreement, the Subscriber shall subscribe for,
and the Company shall allot and issue, 10,000,000 Subscription Shares for the cash consideration of
S$12.635 million, representing an issue price of S$1.2635 per Subscription Share. The issue price
represents a 5% discount to the volume weighted average price of S$1.3300 for trades done on the
shares of the Company (the “Shares”) on the Singapore Exchange Securities Trading Limited (the
“SGX-ST”) for 5 November 2012, being the full market day preceding the signing of the Subscription
Agreement.
In addition to the proposed Subscription, the Subscriber has entered into a sale and purchase
agreement dated 6 November 2012 with Mr. Chew Thiam Keng (the chief executive officer and a
director and shareholder of the Company), pursuant to which the Subscriber will purchase
10,000,000 Shares from Mr. Chew Thiam Keng (the “Share Sale”) at the purchase price of S$1.1305
per share. The purchase price represents a 15% discount to the volume weighted average price of
S$1.3300 for trades done on the Shares on the SGX-ST for 5 November 2012, being the full market
day preceding the signing of the sale and purchase agreement.
After today rally, tomorrow will be down down down to either 1.26 or 1.13 level.
To prepare market crash in the afternoon.
Obama will win the election and he is not fovoured by wall street since he is going to implement a lot of restriction on wall street and natural resource export.
very promising counter..
gd luck dyodd
Building a solid base (DBS)
•
strengthening ties FY13/14F lifted 6-7%
Repeat business from Pemex underscores•
Mr. Tan Boy Tee unveiled as strategic partner and coinvestor•
3Q12 in line 4Q should be sequentially stronger•
BUY maintained TP raised to S$1.82Repeat business from Pemex indicates strengthening
relationship FY13/14F lifted 6-7%.
another pair of service rig contracts from Pemex worth
US$298m over a 7-year period. This will be executed via a
50/50 JV with Kim Seng Holdings, implying limited impact to
Ezion’s balance sheet. These rigs will add US$10.3m/year to
Ezion’s earnings and lift our FY13/14F by 7%/6%.
Ezion has announcedNew strategic partner.
veteran, Mr. Tan Boy Tee, as its strategic partner. Mr. Tan, an
existing Ezion shareholder, will subscribe for 10m new shares
and concurrently acquire another 10m Ezion shares from
Ezion’s CEO. Dilution from this exercise is only a mere 1.2%,
while Ezion shareholders will stand to gain from his vast
industry experience and his ability to co-fund future projects
with Ezion.
Separately, Ezion unveiled industry3Q12 results in line.
core net profit +24% y-o-y /+8% q-o-q to US$16.1m. This
was on the back of the deployment of two additional liftboat
and service rig as compared to 3Q11, and the commencement
of the QCLNG project during the period.
Ezion’s 3Q12 results were in line, withMaintain BUY, TP raised to S$1.82.
S$1.82 on higher FY13F earnings and adjusting for marginal
dilution from the proposed new share issuance to Mr. Tan.
Maintain BUY as Ezion continues to execute well and deliver
on earnings. With Mr. Tan now roped in as a strategic
partner and co-investor, we see a greater possibility for Ezion
to undertake more projects without significantly stretching its
balance sheet further.
srichipan ( Date: 07-Nov-2012 10:26) Posted:
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zacaroo ( Date: 07-Nov-2012 10:24) Posted:
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the new wolf advisor would likely to show its worth by getting some jobs for the small boy.
till then good luck to the rest.
whats ur tp? might want to sell at 1.4. resistence very high.
sell then see if can enter at lower price. hmm