
Someone just q 1000 lots at $1.01 to sell. Think must be some shortist preventing the share from rebounding....
Should move up today after the good results.
Some coy like to use " halt" to create visibility and awareness. hence usually a " halt" for coy announcement means something good from the coy.
HALF YEAR RESULTS FINANCIAL STATEMENT AND RELATED ANNOUNCEMENT
http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_CAFD805EE655E8A4482579DE003B39C9/$file/Ezra1HFY12.pdf?openelement
Blastoff ( Date: 12-Apr-2012 19:43) Posted: |
Press Release
http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_7CA1D074F1DB315D482579DE003C4725/$file/20120412EzraSuccessfulriser.pdf?openelement
http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_7CA1D074F1DB315D482579DE003C4725/$file/20120412EzraPR2QFY12.pdf?openelement
Blastoff ( Date: 12-Apr-2012 19:42) Posted: |
1HFY2012 Results Presentation
http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_ADA9D9F435B68C99482579DE003D7949/$file/201204121HFY2012ResultsPresentation.pdf?openelement
What a time to halt trading....
The real question is :
Why is there a need to halt half a day just to announce result ?
Results can be announced after trading hours like what YZJ did ?
Something quite fishy :)
Blastoff ( Date: 12-Apr-2012 13:30) Posted:
|
I see. But Most companies announce result after trade day close and no need to halt... strange thing....
This information is from sgx.
moneycow ( Date: 12-Apr-2012 13:24) Posted:
|
Reutar always get news before its being officially release via SGX...anyone knows the exact reason they announcing ?
Result can always announce after trade day close...? :)
Pending release of announcements on the unaudited results for the financial half-year ended 29 February 2012 of EOC Limited and Ezra Holdings Limited.
Blastoff ( Date: 12-Apr-2012 12:44) Posted:
|
Halted trading.
From SGX Announcement:
Unless otherwise defined, all terms used or referred to in this announcement have the meanings as assigned to them in the announcements made by Ezra Holdings Limited (“Company”) on 9 and 21 April 2010 in relation to the Acquisition (“Announcement”).
Further to the Announcement, today, Izzet Ishak exercised an option granted to him by HCM to acquire from HCM 66,000,000 Perisai Shares. The completion of the exercised option shall be in accordance with the terms of the Call Option Agreement.
BY ORDER OF THE BOARD
David Tan Yew Beng
Company Secretary
4 April 2012
WHY HUGE sell down today. Just because it raise funds to strengthen its finance for project anticipations and execution ? Makes no logic for holders to sell so low unless they got it at very low like 70+ cents at one stage just less then 2 months back ?
Hope it gets stronger back tomorrow. It could be majority holder sold for others reason like Ezra sold Ezion's 60 million shares in open market that cause Ezion to go down quite a bit .. to low of 83 cents before it recovers quite abit ..on continuous days then got punctured.
Could it be Ezion's turn to sell Ezra :) after they did that after Ezion's share placement :)
Markets not taking well to the placements... will it rebound in the afternoon?
Written by Reuters | |
Monday, 12 March 2012 09:20 | |
Shares of Singapore’s Ezra Holdings fell as much as 9% to a five-week low after the offshore services firm placed 110 million new shares. By 9:05 a.m., shares of Ezra were 7.4% lower at $1.12 with a volume of over 80.4 million shares, making it the most actively traded stock on the Singapore exchange by value. Ezra said it has raised gross proceeds of $121 million by placing 110 million new shares at $1.10 each. |
management is efficient, forsee high over heads coming due to big project wins. Big project execution needs money. So they standby the cash first by issuing placement shares. It was snapped up very quickly. It shows the market's faith in its potential. Nearly 2 BIILLON project book value - USD. :)