
Wow! Great!
14/01/2010 Press Releases
EOC Limited*** (Ezra Holdings owns 48.57% of EOC Limited*** )
Unaudited Consolidated Financial Information
Consolidated Statement of Comprehensive Income (in $ USD thousands)
1st Quarter FY2010
Revenue 1Q FY2010 $27,419 vs 1Q FY2009 $19,477 + 40.8%
Total comprehensive income
for the financial period: 1Q FY2010 $9,570 vs 1Q FY2009 $5,181 +84.7%
http://feed.ne.cision.com/wpyfs/00/00/00/00/00/10/56/9C/wkr0011.pdf
GOOD for Oil & Gas sector........
halt!!!!!!!!
announcing 1Q result today... must be good hor?
Heading towards 2.66 now..
broke new high again..!!
TP $2.90
will run upto 2.60 by end today
tapildo76 ( Date: 14-Jan-2010 01:07) Posted:
|
hey folks, can share your view on the TP for this counter?
SINGAPORE, 12 January 2010
(Ezra Holdings owns 48.57% of EOC Limited*** )
EOC'S SUBSIDIARY SIGNS COOPERATIVE AGREEMENT (approximately US$179m) WITH PETROVIETNAM SUBSIDIARY
EOC Limited*** (EOC or the Group), one of Asia's leading operators of offshore construction &
floating production vessels,has signed a cooperative agreement with PetroVietnam Transportation
Corporation (PVT), a subsidiary of the national oil and gas group in Vietnam, PetroVietnam, to
incorporate a joint venture which will be equally owned through their respective subsidiaries .
This joint venture involves the providing operations and maintenance services for an FPSO
(Floating Production Storage and Offloading vessel) which is expected to earn up to approximately
US$81 million in revenue for the primary term of six years and, additionally up to another
approximately US$98 million for the remaining option period of up to six years. This earnings
stream - together with the charter of the FPSO, which EOC will co-own with three other entities -
will significantly increase the Group's recurrent income base and allow it to add to its robust
earnings model.
Mr Lim Kwee Keong, EOC's Chief Executive Officer, said: "This partnership with PVT represents a
major milestone for the Group. Apart from creating an additional recurrent income stream, it
allows us to strengthen our ties with our Vietnamese partners, and increase the Group's geographic
footprint and will position us to capture more opportunities in terms of securing lucrative
contracts within the region.".................
http://www.emasoffshore-cnp.com/news.php?releaseid=466494
It looks like Ezra will rum upto 5.70 by end today
daphnecsf ( Date: 11-Jan-2010 13:25) Posted:
|
Bloomberg 1.18pm SG
Commodity Futures:
Oil Price $83.48 + $0.73
Wow! Oil above $83 now
Orders look likely to come back in 2010
A better 2010. After a rather quiet 2009, we believe Singapore’s offshore & marine orders could boom in 2010,
bolstered by positive industry dynamics including higher oil prices, a capex revival and easing credit markets.
Singapore rig builders and service operators should be prime beneficiaries of order awards from Brazil*, Australia**,
the Middle East and India.
International oil & gas projects in the pipeline; Singapore O&M companies to benefit:
Region: Brazil*
Overview. : Planned output to reach 3.3m bpd by 2013, with an increasing amount coming from pre-salt discoveries
Est. capex. : US$174.4bn over 2009-2013
Short term catalysts. : 28 deep-water rigs and 10 FPSOs for pre-salt discoveries. 1st package of deep-water rigs to be announced in 1Q10
Key beneficiaries. : Companies with deepwater and development related capabilities
Singapore O&M players.: Ezra, Keppel Corp, Sembcorp Marine, Swiber
Region: Australasian**
Overview. : Increase LNG production capacity from 20mtpa to 50 mtpa by 2017
Est. capex. : A$85bn over 2009-2014. Over A$240bn over next decade
Short term catalysts. : 2nd phase of Gorgon tender to be announced in 2Q10. PNG, Ichthys LNG to reach FID in late 2009 and 2010 respectively.
Key beneficiaries. : Marine service operators, companies exposed to LNG, oil & gas fabrication capabilities
Singapore O&M players.: Ezra, Ezion, AusGroup, CSE Global
Multi-industry/Offshore & Marine CIMB -LIM Siew Khee
Date & Time of Broadcast | 08-Jan-2010 12:38 |
Ezra scoops up ‘distressed’ state-of-art equipment for $24m
Ezra Holdings, the integrated support and marine services provider in the offshore oil & gas
(O&G) sector, says it has acquired distressed state-of-the-art energy service equipment worth
a total of US$17.1 million ($23.9 million) to beef up the capacity of its energy services unit.
Ezra says the equipment bought are designed to withstand harsh environments and temperatures
as low as –20 degrees Celsius. They can also be deployed both onshore and offshore.
My darling stock is moving again.
tradersgx ( Date: 04-Jan-2010 16:59) Posted:
|
Finally it breakout $2.30 ! +$0.08 $2.35 now
susan66 ( Date: 03-Jan-2010 20:13) Posted:
|
Yes agree, I think can easily reach $2.30 by next week, after that more upside expected. Should be quite explosive if can break $2.31 as the bollinger band has tightened.

After ex dividend stii up to $2.27..>upside expecetd since all analysts rated BUY
tradersgx ( Date: 29-Dec-2009 10:12) Posted:
|
+0.06 now. It may be breakout $2.30 level before 2010!
Date & Time of Broadcast | 21-Dec-2009 18:45:49 |
Announcement No. | 00116 |
>> PART I |
1. | Date of notice to issuer * | 15-12-2009 |
2. | Name of Substantial Shareholder * | Legg Mason, Inc. |
>> PART III |
1. | Date of change of Interest | 11-12-2009 |
2. | The change in the percentage level | From 5.84 % To 6.17 % |
3. | Circumstance(s) giving rise to the interest or change in interest | Open Market Purchase |
# Please specify details |
>> PART IV |
1. | Holdings of Substantial Shareholder , including direct and deemed interest : |
![]() |
Direct
|
Deemed
|
No. of shares held before the change | 0 | 38765600 |
As a percentage of issued share capital | 0 % | 5.84 % |
No. of shares held after the change | 0 | 40943600 |
As a percentage of issued share capital | 0 % | 6.17 % |
About LEGG MASON, Inc. (http://www.leggmason.com/about/profile/)
Since its founding in 1899 as a brokerage firm in Baltimore, Maryland, Legg Mason has evolved into one of the largest asset management firms in the world, serving individual and institutional investors in 190 countries on six continents....
.......
The diversification and balance of Legg Mason have fueled the company’s performance over its twenty-six year history as a public company. Currently, Legg Mason is one of the top ten asset managers in the world, with assets under management of $703 billion (as of September 30, 2009).