Post Reply
861-880 of 1012
Today IEV got hammered. BB taking turns to whack one by one. Good luck.
bishan22 ( Date: 27-Feb-2012 15:15) Posted:
|
Now must take profit fast, still can earn, last Friday push up to 0.98. But if greedy, very fast no more liao, intraday is the best at the moment!
bishan22 ( Date: 27-Feb-2012 15:15) Posted:
|
Can sifus tell me what are the signs since the price now is around the new placement price?
Brother STX oso got hammered.Good luck.
Singer88 ( Date: 27-Feb-2012 14:40) Posted:
|
Today you are been hammered.......
This one looks strong, I vested 0.94. 
Ezion: As expected, Co. has announced plans to raise net proceeds of $94.6m from a new share sale placement, priced at 88c/share, with 110m shares priced at 88c/share, representing a 6.6% discount to the Vwap of $0.9422 on previous close.
Shares represent approximately 15.4% of the existing issued and paid-up share capital and represent approximately 13.4% of the enlarged share capital after the subscription. When completed, the Subscription will increase the existing Share Capital from 713,658,000 Shares to 823,658,000 Shares. Proceeds will be used for acquisition of offshore and marine assets.
Overall, we note that effects could be positive, with grp also announcing a contract win yesterday at US$118m, to charter a rig in Mynmmar.
Ratings as follow:
OCBC maintains Buy with $1.18 TP.
Kim Eng maintains Buy with $1.35 TP.
UOB Kay Hian maintains Buy and raises TP to $1.26
Shares represent approximately 15.4% of the existing issued and paid-up share capital and represent approximately 13.4% of the enlarged share capital after the subscription. When completed, the Subscription will increase the existing Share Capital from 713,658,000 Shares to 823,658,000 Shares. Proceeds will be used for acquisition of offshore and marine assets.
Overall, we note that effects could be positive, with grp also announcing a contract win yesterday at US$118m, to charter a rig in Mynmmar.
Ratings as follow:
OCBC maintains Buy with $1.18 TP.
Kim Eng maintains Buy with $1.35 TP.
UOB Kay Hian maintains Buy and raises TP to $1.26
feel embarrassed to show... as only 1 dollar per share..... :)
moneycow ( Date: 23-Feb-2012 11:30) Posted:
|
Ezion don't have a CD sign besides it ?
Result already release contract win also announced already...why don't want to UN-halt ?
with 0.01 cent dividend. Think many will dump their holding...
For longish -nend of next year may be good la...
Ezion: Reported 4Q11 results, which slightly missed expectations, although FY11 rev was in-line. Rev at US$27.3, -22.9% yoy and 14.2% qoq, while net profit at $10.5m, -23.7% yoy and -18.6% qoq. Result brings FY11 rev to US$107m, -8.7% yoy and net profit to US$58.1m, +44.6% qoq. Gross margins for 4Q however improved at 48% vs 32.9% yoy.
Slightly weaker 4Q rev was due to the corresponding quarter as the contribution from the nonrecurring and non-chartering income was lower, while one of Grp's Liftboat underwent a modification work before she went for a 3 yrs charter in Java Sea in Dec11.
Going forward, Group will continue to pursue business opportunities to support LNG related projects in Australia and its vicinities and continue to focus on the investment in Service Rigs to strong demand from its customers. Barring any unforeseen circumstances, mgt expects to perform better in FY12 vs FY11.
We note that overall, grp’s balance sheet remains strong with a net gearing of 35.2x, while at current price, grp trades at 9.7x P/E. Grp has declared a div of 0.1c/share. Overall, market still tips stock as one the top picks in the small-mid cap sector and given grp’s strong orderwins and capex plans, mgt has repeatedly stressed a potential cash call to raise capital.
Seperately, grp’s order momentum continues with the announcement that it has secured a charter contract with a value of up to US$118m over a 3yr period to provide a service rig to be used by a European based MNC to support its O& G activities in offshore Myanmar. The contract is not expected to have a material impact on NTA or EPS for FY12.
Slightly weaker 4Q rev was due to the corresponding quarter as the contribution from the nonrecurring and non-chartering income was lower, while one of Grp's Liftboat underwent a modification work before she went for a 3 yrs charter in Java Sea in Dec11.
Going forward, Group will continue to pursue business opportunities to support LNG related projects in Australia and its vicinities and continue to focus on the investment in Service Rigs to strong demand from its customers. Barring any unforeseen circumstances, mgt expects to perform better in FY12 vs FY11.
We note that overall, grp’s balance sheet remains strong with a net gearing of 35.2x, while at current price, grp trades at 9.7x P/E. Grp has declared a div of 0.1c/share. Overall, market still tips stock as one the top picks in the small-mid cap sector and given grp’s strong orderwins and capex plans, mgt has repeatedly stressed a potential cash call to raise capital.
Seperately, grp’s order momentum continues with the announcement that it has secured a charter contract with a value of up to US$118m over a 3yr period to provide a service rig to be used by a European based MNC to support its O& G activities in offshore Myanmar. The contract is not expected to have a material impact on NTA or EPS for FY12.
Especially 10 cents and 0.01 cents is 100 steps apart. Thats very huge gap :)
No implications Bro. just talk for fun.
Everyone made mistakes. As long as its genuine mistake and is able to come clean and say " sorry its was a mistake" .
Cheers.
Lucky its halt time you made this mistake or some jokers. May just jump on it without going to have a look at report... if it moves that guy lucky if get stuck than.... though his own blunder and responsibility to check :).
But such mistake can be grossly misleading and might trap someone if things goes north to land up under the HDB block.
Do be careful in future :)
Singer88 ( Date: 22-Feb-2012 10:58) Posted:
|
Sorry, typo error should be SGD 0.10 cents per ordinary share.
Its still better than company like DMX. Earn a lot and every time announce contract wins. But ZERO cents dividends...stingy...though the floating share not so huge yet never declare even 0.001 cents dividend to benefit shareholders. To many listed companies i general, Shareholders are like their sugar daddies. When need money - issue discounted shares in terms of rights.and get more money from shareholders. But comes to profits consideration, they forgot their sugar daddies . Until the next time they need money again....they will again ask for money by giving u discounted shares....then something happen over and over they keep bloody hell. :)
Some companies are listed for financial backing and survival and some make use of public funds to expand their business. Once they take off, make big monies...they will kick shareholders aside by going private... then before going private..they will buy back your shares at super dooper low from IPO... thats the way it was and will be... :)
Further whole year EPS is just 7.3 cents.
If give 10 cents - mean give 100% profits away to shareholders and also have to foot out addtional cash to pay out, it doesn't make sense ?
So should be 0.1 Singapore cent. (ZERO point One ).
BRC gave 0.6 cents.....for 2011 earnings and 1.1 for 2010 earnings. Look small initially but when you start to compare with bigger companies whom makes even more profits giving 0.1 cents or 0.01 cents ..they are quite ok already- generous. The main raeson should be EPS is diluted due to large floating shares.........
.
If its SGD 0.1 CENTS zero ONLY than its could be 10 cents.
BUT it clearly state as SGD0.10 CENT
Their contracts are awarded in US dollars.
Perhaps ading the SGD before the number to specify that its in Local Singapore Dollar (SGD) and at 0.1 CENT.
1 cents still must divided by 10 or 1/10=0.1
............should imply 0.1 Singapore cent and not 10 cents as some one excitedly mentioned. :)
In the announcement it says...........
SGD 0.10 CENTS is 1 cent in Singapore value or as you said 10cents ?
a lot of different leh.
To me it looks like 0.1 cents in Local currencies. as many of their contracts are won and stated in USD - US dollars......
as the last digit after decimal if zero can ignore - no value.
Can someone verify pls.