
its been freefalling. painful to watch. you think they will recover? annoucing results in nov right?
raykee ( Date: 29-Oct-2012 11:33) Posted:
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But how u hold it at 1.6 when all time high was 1.41?
zacaroo ( Date: 29-Oct-2012 10:43) Posted:
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Sit and watch lor...... But in the long run the announcement will benefit the company mah... I find it kind of stupid to make this announcemt at this growing moment
zacaroo ( Date: 29-Oct-2012 10:43) Posted:
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holding 6 lots at the avg price of 1.6x. don't know what to do now:(
If ezion din halt for so long i tink the share will still grow for a while
Just an reminder. Look back in June 2012 when oil price drop below 80 dollar, ezion break 80 cents.
Oil is 85 now. As i mentioned previously few times, BB are removing fund from Ezion 1 month ago. It is stepping to 2nd month, once they fully withdraw, oil price break 80 dollars, they will take the chance to short it down.
You shall really abandon the possibility of 10 to 15% rally to 1.6 which target price are set by brokers and think about the increasing posibility of oil price drop below 80 and Ezion pull down below 1 dollars. If i not wrong, the NAV of ezion is about 40 cents. The current price is expensive and fully expose to risk of sell down if oil price drop below 80.
Just my 2 cents. Not short no buy.
Oil is 85 now. As i mentioned previously few times, BB are removing fund from Ezion 1 month ago. It is stepping to 2nd month, once they fully withdraw, oil price break 80 dollars, they will take the chance to short it down.
You shall really abandon the possibility of 10 to 15% rally to 1.6 which target price are set by brokers and think about the increasing posibility of oil price drop below 80 and Ezion pull down below 1 dollars. If i not wrong, the NAV of ezion is about 40 cents. The current price is expensive and fully expose to risk of sell down if oil price drop below 80.
Just my 2 cents. Not short no buy.
ok I hv to declare my coy troops hv abandoned elephant hill. seems it is a sell on result release. hence move.my troops to another holding area.
but still think Mr ezion wi hit 1.50. hence left my scouts behind.
will be back again when their is more action.
good luck to this still vested.
but still think Mr ezion wi hit 1.50. hence left my scouts behind.
will be back again when their is more action.
good luck to this still vested.
oh ya. almost forget! lol
Luckily tmr is PH.
srichipan ( Date: 25-Oct-2012 23:20) Posted:
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srichipan ( Date: 25-Oct-2012 23:20) Posted:
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oil price dropping. if khng is right, ezion might drop tmr. Depending on the situation, might want to take exit and re-enter at a lower price.
khng2012 ( Date: 25-Oct-2012 14:22) Posted:
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Seems like market heck abt it leh... Normal trading day liao
in fact the deal seems to be beneficial in the long term what. haha
agreed! 
felixtan21 ( Date: 25-Oct-2012 14:20) Posted:
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Market will vote with their money in 5 minutes time - trading halt will be lifted at 14:30
But Ezion price is high as compared to the asset that they have. Better take note that they are squeezing their profit in last Q for issuing the new share to market with higher price.
Oil price is low...
felixtan21 ( Date: 25-Oct-2012 14:20) Posted:
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Actually the transaction seems like a non-event since the amount involved is not significant.Shares issued by Ezion is quite small also so shouldn't really bother us.
The aggregate consideration of S$5,760,000 (the “Consideration”) for the Subscription
Shares will be satisfied by the allotment and issuance of 4,625,020 shares (the
“Consideration Shares”) in the capital of the Company at an issue price of S$1.2454, which
represents a discount of 10% to the volume weighted average price of S$1.3838 for trades
done on the shares of the Company on the SGX-ST on 23 October 2012 (being the preceding
market day up to the time the Subscription Agreement was signed).
 
Sell to open market???
Please do not play contra.
Lifting of trading halt at 1430hr