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Ezra Last:0.011 -

Ezra

not doing gd...

Press Release - Ezra grows orderbook with new subsea awards to the Group

http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_EEB9043A308B2B63482578CD003424FA/$file/20110714_Ezra_New_LOA_contracts_Final.pdf?openelement

Press Release - Ezra reports record revenue of US$165m for 3Q FY11

http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_CF8CF98D91FD7BFD482578CD0033CF54/$file/20110714_Ezra_PR_3QFY11_Final.pdf?openelement

Pending release of unaudited qtrly results. I think is to support the share price.

Trading halted, any good news?

1	2011-07-11	2011-07-08	EZRA HOLDINGS LIMITED	Tay Chin Kwang	Director	Buy	# Others	113766	---
2	2011-07-11	2011-07-08	EZRA HOLDINGS LIMITED	Adarash Kumar A/L Chranji Lal Amarnath	Director	Buy	# Others	227533	---
3	2011-07-11	2011-07-08	EZRA HOLDINGS LIMITED	Wong Bheet Huan	Director	Buy	# Others	113766	---
4	2011-06-01	2011-05-31	EZRA HOLDINGS LIMITED	Lee Kian Soo	Director	Sell	# Others	1000000	1.6
5	2011-03-02	2011-03-01	EZRA HOLDINGS LIMITED	Aker Solutions Cyprus Limited	Substantial Shareholder	Buy	# Others	72477214	1.275
6	2011-03-02	2011-03-01	EZRA HOLDINGS LIMITED	(1) Kjell Inge Rokke (2) The ...	Substantial Shareholder	Buy	# Others	72477214	---
7	2011-03-02	2011-03-01	EZRA HOLDINGS LIMITED	Aker Solutions AS	Substantial Shareholder	Buy	# Others	72477214	---
8	2011-01-17	2011-01-14	EZRA HOLDINGS LIMITED	Wong Bheet Huan	Director	Buy	# Others	24076	---
9	2011-01-17	2011-01-14	EZRA HOLDINGS LIMITED	Tay Chin Kwang	Director	Buy	# Others	24076	---
10	2011-01-17	2011-01-14	EZRA HOLDINGS LIMITED	Adarash Kumar A/L Chranji Lal Amarnath	Director	Buy	# Others	48153	---

SINGAPORE, July 12 (Reuters) - Shares of Singapore oil services provider Ezra fell as much as 2.6 percent on Tuesday on concerns that lower demand for crude oil may hurt its orders, traders said. At 0252 GMT, shares of Ezra were 2.6 percent lower at S$1.52 with over 1.3 million shares traded. Oil prices fell for a third consecutive day on Tuesday as fears of a widening euro-zone debt crisis and a drop in Chinese crude imports rekindled concerns about a demand slowdown.

" Ezra's shares have come off after its recent gains because oil prices have been slipping and this may not bode well for its order flow," said a local trader. Ezra shares had risen about 5 percent since the start of July, outperforming the Straits Times Index's < .FTSTI> 0.1 percent fall in the same period. China's crude oil imports fell in June and inflation in the world's number two oil consumer accelerated to a three-year high, raising the probability of more monetary tightening and slowed economic and oil demand growth

Rally may end after 1.58 gap filled up.

Time to take profit.

Just my 2 cents

zhixuen ( Date: 29-Jun-2011 20:31) Posted:

zhixuen ( Date: 29-Jun-2011 17:03) Posted:

It happened agai

EZRA

The prior downtrend of benchmark index STI has been negated as it has broken above it's previous resistance. The STI is currently trading side-way but with an upside bias.

You would have realized that some of the more popular stocks such as EZRA, DBS & SoundGlobal have been showing signs for an upwards movement since the past few days. Question is, will these stocks continue to rally up? Do you want the advantage to predict the movement of some other popular stocks too?

loooks like this counter is going to break out upwards tomorrow. Buy now is want to avoid repent later.

Corporate News...

Offshore and Marine

We examine the implications of the proposed lease accounting model on the offshore supply companies under our coverage.

Impact on financials would be higher net gearing and lower asset turnover, but higher operating cash flows.

We find that Swiber, followed by Ezra would have the highest off-balance sheet debt as at FY10, if we were to apply the proposed changes.

However, we stress that fundamentally, nothing has changed. Recognizing and capitalizing existing off-balance sheet debt does not increase a company's financial risks only taking on more debt does.

No changes in our valuations or stock ratings.

Ezra: 47% owned Olso-listed EOC has been awarded a contract worth up to US$20m from a " French oil major" to provide accommodation and support services for an offshore maintenance project in Africa for up to 24 mths (initial term of 8 mths + 4mth extension + 12mth extension)...

EOC expects vessel to add to earnings from start of 4QFYAug11. The co is also expecting a boost in earnings for 2HFY11 with another vessel scheduled to commence ops in 4Q from Vietnam's Chim Sao Field, and says its other vessels would also all be utilised " substantially" during the period...

CIMB highlights the OSV mkt has bottomed out after being in the doldrums for close to 2 yrs. Says since early 2011, global OSV operators have been noting a steady increase in new contracts and utilisation although day rates still stagnant. With rigs leading the cycle, support vessels are likely to be next.
Recent Street ratings at Buy/ Hold with TP btwn $1.45-2.20.

zhixuen ( Date: 29-Jun-2011 17:03) Posted:

It happened again

pharoah88 ( Date: 29-Jun-2011 16:53) Posted:

rIse befOre resUlt ? ? ? ?

sInk After resUlt ? ? ? ?

It happened again

pharoah88 ( Date: 29-Jun-2011 16:53) Posted:

rIse befOre resUlt ? ? ? ?

sInk After resUlt ? ? ? ?

zhixuen ( Date: 07-Jun-2011 13:05) Posted:

Pls check the past record this fellow always run before result and sink after result.

Hope this time the same.

Friday, December 31, 2010

Ezra, An Erratic Manipulated Stock

I was having coffee with one of my mates and he was giving me stories on Ezra and how it ran up so fast within a short period of time and how he made a fortune. That inspired me to check out the operation and do an analysis on it.

Let's forget what happened in November and let's start studying the operation from December onwards. Accumulation took place early Dec for almost 11 days, see the circled area. The were many clues that this was accumulation and not distribution. Since it accumulated for 11 days, one should expect the rally to be strong and sustain. On Dec 15th, it finally broke out of the accumulation range and starting to charge forward. Something unusual happened on this day, the volume was very high. It doesn't looked like real buying but instead selling. However, do take into account that since there was heavy accumulation, big operators wouldn't be unloading so fast and let the stock fall. Instead, they were first taking some profits, validating how much supply was left and buy as much as possible for the next few up move. And so the market retraced a little and they started more buying.

So Ezra went further up and the public started coming in. This time round, the stock was on its highway for further prices because it broke the previous resistance with strength. It went into validating and absorption mode for the next 4 days before ending where it is today at a close of $1.82. Manifesting at the whole operation, Ezra's upmove has not ended yet. It will dip tomorrow (31/12/2010) and continue it's rally towards the 1.84-1.88 range. The risk and reward is not there for now because there is only 3-6 cents more to go. I wouldn't short this counter too because i had not seen any real selling or huge profits taken by the big operators. Once it happened, I will then decide.

As for why i say that this stock is erratic? Look at the unusual price movement, there are time bombs everywhere. The moment you are caught at the wrong price, it's hard for you to get out. You will be psychology stressed and mentally strained. To punt this stock, you would need to study the operation prudently, practice good money and risk management so that you won't be slaughtered for nothing.

Ronald K

rIse befOre resUlt ? ? ? ?

sInk After resUlt ? ? ? ?

zhixuen ( Date: 07-Jun-2011 13:05) Posted:

Pls check the past record this fellow always run before result and sink after result.

Hope this time the same.

Chiong arh............

Range 0.57-2.39

-50%=1.48

-61.8%=1.265

-78.6 %=0.959

-100%=0.57

I am tinkering on whether to close my previous long position and short this counter tomorrow.

next major resistance would be @ $1.10 should $1.40 breaks.

Yes, it is still in price correction process!

broadfeet ( Date: 11-Jun-2011 12:13) Posted:

1.51 break
last chance TL 1.50 if break
next resistance 1.41
technical pointing south

broadfeet ( Date: 10-Jun-2011 00:24) Posted:

caution!!!
even though inverted hammer with stochk ob
critical point 1.51 in danger of breaking downward
take care

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Ezra

Friday, December 31, 2010

Ezra, An Erratic Manipulated Stock