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741-760 of 1490
| Announcement Title * |
New Subsidiary Company |
| Description |
| The Board of Directors of Ezra Holdings Limited (“Ezra”) wishes to announce that Ezra has acquired the entire issued and paid-up share capital of Amsa Offshore Pte. Ltd., a company incorporated in Singapore recently, for US$1. The entire issued and paid-up share capital of Amsa Offshore Pte. Ltd. comprises 1 ordinary share of USD1.00. Amsa Offshore Pte Ltd is now a wholly-owned subsidiary company of Ezra Holdings Limited. |
|
Top 2 vol now. +0.03
Sold for some profits at $2 but quickly bought back at $2.10 as there is upside potential.
tradersgx ( Date: 19-Dec-2009 16:56) Posted:
Ezra’s target price raised to $2.54 by CLSA, maintains buy
17.Dec.09
CLSA is maintaining Ezra Holdings (5DN.SG) at buy, raising its target price to $2.54 from $2.10
after upgrading its FY10, FY11 earnings forecasts by 10%, 11%, respectively, to factor in higher
margins and lower finance costs.
The brokerage says the offshore support services company is “poised to ride the growth in deepwater
exploration and surging demand for attendant subsea services” as it will take delivery of three subsea
vessels in 2010.
Although Ezra has not secured contracts for its subsea vessels, CLSA does not think this should be an
issue given strong demand and quality of its assets. But it says the company’s execution in the subsea
business will be key as its switch to focus on deepwater exploration gathers pace.
CLSA adds that Ezra’s valuation remains reasonable with PE premium to peers justified by strong track
record of execution, stock still trading below five-year average PE, price/book multiples.
DBS 25.Nov.09
Our sum-of-parts based TP for Ezra has been raised to S$2.77
UOB-KAY HIAN 16.Nov.09
Derived from sum-of the-parts, we initiate coverage with a 'buy' recommendation and target price of $2.70
Deutsche Bank Oct.09
Ezra Holdings Buy Maintain Target price of $2.70
JPMorgan Oct.09
Ezra Holdings Overweight Upgrade Target price of $2.40
CIMB Oct.09
Ezra Holdings Outperform Maintain Target price of $2.60 |
|
Ezra’s target price raised to $2.54 by CLSA, maintains buy
17.Dec.09
CLSA is maintaining Ezra Holdings (5DN.SG) at buy, raising its target price to $2.54 from $2.10
after upgrading its FY10, FY11 earnings forecasts by 10%, 11%, respectively, to factor in higher
margins and lower finance costs.
The brokerage says the offshore support services company is “poised to ride the growth in deepwater
exploration and surging demand for attendant subsea services” as it will take delivery of three subsea
vessels in 2010.
Although Ezra has not secured contracts for its subsea vessels, CLSA does not think this should be an
issue given strong demand and quality of its assets. But it says the company’s execution in the subsea
business will be key as its switch to focus on deepwater exploration gathers pace.
CLSA adds that Ezra’s valuation remains reasonable with PE premium to peers justified by strong track
record of execution, stock still trading below five-year average PE, price/book multiples.
DBS 25.Nov.09
Our sum-of-parts based TP for Ezra has been raised to S$2.77
UOB-KAY HIAN 16.Nov.09
Derived from sum-of the-parts, we initiate coverage with a 'buy' recommendation and target price of $2.70
Deutsche Bank Oct.09
Ezra Holdings Buy Maintain Target price of $2.70
JPMorgan Oct.09
Ezra Holdings Overweight Upgrade Target price of $2.40
CIMB Oct.09
Ezra Holdings Outperform Maintain Target price of $2.60
Ezion at top 5 vol and up +0.025!
Ezion Holdings Limited :
(Ezra Holdings owns 14.02% of Ezion )
Group (Year-To-Date) 9 months ended 30.09.2009 vs 9 months ended 30.09.2008
Revenue: $56.48mil vs $20.49mil +175.6%
Profit before income tax: $12.11mil vs $5.98mil +102.5%
Net Profit for the period $11.47mil vs $5.86mil +95.8%
Earnings per ordinary share 1.72 cents vs 0.91 cents +89.0%
A commentary: for the next 12 months
-The Group has more assets to be deployed in 4Q FY2009. The first unit of multi-purpose self-propelled
jack-up rig ("liftboat") would be delivered before the end of FY2009.
-We also expect positive contribution from our joint venture in Australia in 4Q FY2009. Barring unforeseen
circumstances, the management expects the Group's performance in FY2009 to be better than that of FY2008.
EOC AWARDS KEPPEL SHIPYARD S$104M CONTRACT TO CONVERT FPSO
SINGAPORE, 10 December 2009
EOC Limited (EOC or the Group), an Asian-based provider of offshore oil and gas support services,
has awarded Keppel Shipyard Limited (Keppel Shipyard), a subsidiary of Keppel Offshore & Marine
Limited (Keppel O&M), a S$104 million contract to convert a floating production, storage and
offloading (FPSO) unit.
Under this contract, Keppel Shipyard will convert a 168,000 deadweight tonne (dwt) Suezmax oil tanker
into an FPSO unit that can produce up to 50,000 barrels of oil per day and have a storage capacity of
about 680,000 barrels of oil. The unit will be leased to Premier Oil Vietnam Offshore B.V. (Premier Oil)
for the development of the Chim Sao field, as part of the US$1 billion contract that the Group clinched
in October.
Mr Lim Kwee Keong, EOC's Chief Executive Officer, said: "We selected Keppel Shipyard because our
emphasis has always been on not just meeting our clients' expectations, but exceeding them. We have
enjoyed a fruitful partnership with Keppel Shipyard, who executed our first FPSO project successfully
and safely. We look to continue our relationship with Keppel Shipyard as we execute our plans for
growing our number of premium FPSOs in the region."
This FPSO conversion is the second that the Group has awarded Keppel Shipyard; the first was for the
Lewek Arunothai. The conversion will include refurbishment and life extension works; accommodation
upgrades; the fabrication and installation of topside modules and a turret mooring system, a flare tower,
a helideck and pipe racks; tank coating work; structural steel additions; and new piping systems. It will
also feature an internal turret designed by EOC's associate company, London Marine Consultants(LMC).
Under the Chim Sao contract, the converted vessel will be tied to Premier Oil for up to 12 years. The
project is worth up to US$527 million for the primary term of six years, and up to another US$477 million
if all of the six one-year options are exercised. EOC will be operating the FPSO unit with a Vietnamese
partner to perform oil and natural gas liquids processing as well as water injection at the field. Production
is expected to begin in the second quarter of 2011.
On prospects for the Group given the current industry outlook, Mr Lim said: "We expect to see growing
demand for FPSOs globally as oil prices remain firm and global oil majors look to increase their capital
expenditure. In addition, we continue to see a steady stream of enquiries for our other assets, such as the
Lewek Champion, our heavy-lift pipelay vessel, which we expect to be fully deployed over the medium term."
EOC Limited : 10 LARGEST SHAREHOLDERS AS AT 28 Sep 2009
1 EZRA HOLDINGS LIMITED 53,891,889SHARES 48.57%
2 MERRILL LYNCH INTERN 6,448,392SHARES 5.81%
3 ODIN OFFSHORE 6,055,000SHARES 5.46%
4 fred. olsen productions 5,455,000SHARES 4.92%
5 hygrove investments 4,827,400SHARES 4.35%
6 MLPF&S NOREWGIAN CUST 4,321,500SHARES 3.89%
7 JP MORGAN CHASE BANK 4,319,204SHARES 3.89%
8 ODIN MARITIME 2,300,000SHARES 2.07%
9 euroclear bank s.a./ 2,298,700SHARES 2.07%
10 NORDEA BANK DENMARK 2,000,000SHARES 1.80%
Bgt another 20lots from $2.15 to $2.17 cum dividend and AGM on 22Dec..likley will push>$2.30 and T.P is $2.70 
Gd chance to accumulate
| Wed Dec 09, 2009 11:26 am Post subject: |
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| evian2o wrote: |
| dunno if i should sell my Ezra before its XD |
..keep near ex date will cross $2.30...TP by DBS Vickers $2.70,s12:04:40 2.210 4,000 B
12:04:39 2.220 8,000 A
12:04:38 2.220 3,000 B
12:04:37 2.220 30,000 B
12:04:28 2.220 2,000 B
12:04:27 2.220 16,000 B
12:03:28 2.220 10,000 B
12:03:09 2.210 1,000 B
12:03:02 2.210 3,000 B
12:02:59 2.220 70,000 B
12:02:50 2.220 10,000 B
12:02:12 2.220 20,000 B
11:53:17 2.230 38,000 A
11:53:15 2.220 185,000 A
11:52:46 2.220 3,000 A
11:51:50 2.220 5,000 A
11:51:16 2.210 2,000 B
11:50:15 2.210 2,000 B
11:40:33 2.220 2,000 A
11:39:34 2.210 3,000 B
11:39:33 2.220 12,000 A
11:33:32 2.210 1,000 B
11:29:40 2.220 1,000 A
11:29:38 2.220 1,000 A
11:29:37 2.210 2,000 B
11:29:34 2.220 18,000 A
11:29:32 2.211 9,000 X
11:29:30 2.220 101,000 B
11:25:43 2.220 3,000 B
11:16:44 2.220 5,000 B
11:14:08 2.220 2,000 B
11:14:07 2.220 30,000 B
11:13:18 2.220 1,000 B
11:06:05 2.230 2,000 A
11:05:21 2.230 10,000 A
11:04:33 2.230 1,000 A
11:02:16 2.230 28,000 A
10:58:28 2.220 1,000 B
10:57:52 2.230 3,000 A
10:53:35 2.230 6,000 B
10:53:25 2.230 1,000 B
10:53:00 2.230 5,000 B
10:52:32 2.230 5,000 B
10:48:24 2.230 1,000 B
10:47:14 2.230 1,000 A
10:47:14 2.230 2,000 B
10:47:12 2.230 3,000 A
10:46:37 2.220 2,000 B
10:46:36 2.230 6,000 A
10:46:35 2.230 4,000 B
10:46:14 2.230 17,000 B
10:45:37 2.230 24,000 A
10:44:52 2.230 5,000 A
10:43:17 2.230 5,000 A
10:41:57 2.220 3,000 B
10:41:56 2.230 12,000 A
10:41:54 2.226 14,000 X
10:41:53 2.230 60,000 B
10:41:23 2.230 2,000 B
10:40:57 2.230 8,000 B
10:38:23 2.230 10,000 B
10:38:20 2.230 1,000 B
10:36:36 2.230 10,000 B
10:36:35 2.240 100,000 A
10:35:33 2.240 5,000 A
10:31:42 2.230 1,000 B
10:31:40 2.230 10,000 B
10:31:31 2.230 1,000 B
10:31:30 2.230 10,000 B
10:22:30 2.230 1,000 B
10:22:21 2.230 3,000 B
10:20:59 2.230 1,000 B
10:20:58 2.230 2,000 A
10:20:50 2.230 10,000 A
10:20:45 2.230 3,000 A
10:20:38 2.230 5,000 A
10:20:35 2.230 10,000 A
10:20:29 2.230 5,000 A
10:19:59 2.230 10,000 A
10:19:50 2.230 5,000 A
10:19:24 2.230 5,000 A
10:19:21 2.230 5,000 A
10:19:19 2.230 5,000 A
10:19:11 2.230 30,000 A
10:19:10 2.230 43,000 A
10:19:06 2.230 50,000 A
10:19:01 2.230 1,000 A
10:18:43 2.230 50,000 A
10:17:30 2.230 20,000 A
10:15:59 2.220 16,000 B
10:15:58 2.220 66,000 A
10:15:46 2.220 50,000 A
10:12:24 2.210 1,000 B
10:12:18 2.220 5,000 A
10:12:03 2.210 1,000 B
10:11:29 2.220 10,000 A
10:11:01 2.210 2,000 B
10:11:00 2.220 20,000 A
10:06:41 2.210 1,000 B
10:06:40 2.220 5,000 A
sell near $2.40
AGM Tue Dec 22
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| starlene wrote: |
| Ezra AGM on 22 Dec ,Tue,tax exempt 1.5% FYE 31Aug 2009..very rare to hve financial year end on 31Aug..will be like Straits Asia Resources pushed up to $2.30 during cum dividends-TP is $2.70 by DBSVickers |
As expected today cum dividend sign on...Erza shot up to $2.24,expect to head north again as AGM date draws nearer
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| Back to top |
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EZRA never fail to impress with its upward price movement.
iPunter ( Date: 08-Dec-2009 07:32) Posted:
If they are planning to sell, it may be a practical idea to promote it for maximum gain... 
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If they are planning to sell, it may be a practical idea to promote it for maximum gain...
Ezra AGM on 22 Dec ,Tue,tax exempt 1.5% FYE 31Aug 2009..very rare to hve financial year end on 31Aug..will be like Straits Asia Resources pushed up to $2.30 during cum dividends-TP is $2.70 by DBSVickers
She sold her 200 lots at 2.10 so now 2.19 i think that someone close to her is not so close after all.
Cross_Stitch ( Date: 01-Dec-2009 12:09) Posted:
On 2nd thot maybe she needed the money for other things leh!
bryansng ( Date: 01-Dec-2009 09:35) Posted:
Well, when someone close to the boss is selling instead of buying and accumulating, probably something is heading down. However, Warren Buffet indicated "Fear when everyone is greedy , and be greedy when everyone is in fear."
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Heading towards to initial resistance at $2.55
tradersgx ( Date: 30-Nov-2009 17:02) Posted:
OCBC
26.11.09
Breakout from key resistance suggests more upside ahead
Strong rebound at support.
Ezra could see more upside potential in the days ahead after
rebounding strongly at its 8.5-month uptrend channel lower
boundary and in the process, breaking above its $2.05 key
resistance on heavy volume yesterday.
Indicators turning bullish.
With the RSI rebounding strongly at the 50% mark and the MACD
initiating a bullish crossover yesterday (see enlarged chart);
these signals suggest that the upside momentum is improving.
Initial resistance at $2.55.
On the upside, we peg the initial resistance at $2.55 (support-
turned-resistance and 8.5-month channel upper boundary), breaking
which, we see the next resistance at $3.00 (support-turned-resistance).
Immediate support at $2.05.
Below the immediate support at $2.05, the subsequent support is
pegged at $1.67 (resistance-turned-support), ahead of $1.40
(resistance-turned-support). |
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BBs are just pumping this stock ..2.18 already!
ezra just keeps gg up 2.15
On 2nd thot maybe she needed the money for other things leh!
bryansng ( Date: 01-Dec-2009 09:35) Posted:
Well, when someone close to the boss is selling instead of buying and accumulating, probably something is heading down. However, Warren Buffet indicated "Fear when everyone is greedy , and be greedy when everyone is in fear."
Cross_Stitch ( Date: 30-Nov-2009 19:12) Posted:
| so what does this mean good or bad |
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You may be right, but there are still ppl buying in at 2.10, whats yr opinion?
bryansng ( Date: 01-Dec-2009 09:35) Posted:
Well, when someone close to the boss is selling instead of buying and accumulating, probably something is heading down. However, Warren Buffet indicated "Fear when everyone is greedy , and be greedy when everyone is in fear."
Cross_Stitch ( Date: 30-Nov-2009 19:12) Posted:
| so what does this mean good or bad |
|
|
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Well, when someone close to the boss is selling instead of buying and accumulating, probably something is heading down.
However, Warren Buffet indicated "Fear when everyone is greedy , and be greedy when everyone is in fear."
Cross_Stitch ( Date: 30-Nov-2009 19:12) Posted:
so what does this mean good or bad?
beidou ( Date: 30-Nov-2009 18:45) Posted:
| According to filing, wife of a director sold 200 lots @ $2.10 recently. |
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sold 2.12..
take money n run 1st.. :)
