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961-980 of 1012
DMG recommends BUY with Target Price of $1
we like Ezion Holdings (BUY, TP S$1.00), an oil & gas logistics provider and owner of one of the largest and most sophisticated fleet of liftboats. We expect the delivery of three new liftboats by end-2011 and execution of its Gorgon projects to drive 3-year EPS CAGR of 58%, the highest amongst the mid/small-cap oil and gas stocks under our coverage. We have a TP of S$1.00, based on 12x FY11 P/E.
Life Is Great
hopefully tomorrow will chiong...
NEW YORK (MarketWatch) -- Oil prices gained Tuesday to trade within reach of a two-year high on thinking harsh winter weather in the U.S. and Europe might hike demand for the commodity. Crude for February delivery added 28 cents to $91.28 a barrel in electronic trading on the New York Mercantile Exchange. On Monday, the contract fell 51 cents to end at $91 a barrel after climbing to $91.88, its highest since early October 2008.
To be safe can load more once $0.720 trendline resistance broken.
krisluke ( Date: 23-Dec-2010 00:14) Posted:
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Buy at support sell once support breakout with heavily volume then cut loss.
Your loss may not incur much and you have 50% to bet for breakout of symmetric triangle
rickyw ( Date: 22-Dec-2010 23:32) Posted:
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rickyw ( Date: 22-Dec-2010 23:32) Posted:
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big pic already been drawn (symmetric triangle almost 365 days). focus more to see clearer.
Bluevaio ( Date: 22-Dec-2010 23:20) Posted:
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Now almost at support (lower boundary of the uptrend channel),buy at support can not be wrong , buy !
zhixuen ( Date: 22-Dec-2010 21:40) Posted:
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zhixuen ( Date: 22-Dec-2010 21:32) Posted:
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The earning and fundamental is positive for Ezion.
The chart is shown that Ezion could be breakout the symmetric triangle with and send the price goes to $0.82
[IMG]http://i234.photobucket.com/albums/ee11/nuflavors/2010Dec-EzionHldg-800x600-1.png[/IMG]
New123 ( Date: 22-Dec-2010 19:33) Posted:
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Let's see whether Ezion Holding can continue within this up trend channel.
http://mystocksinvesting.com/singapore-stocks/ezion/ezion-holding-trading-within-an-up-trend-channel/
Uptrend channel intact. Ezion
Holdings could see more upside potential after rebounding off the lower
boundary of its 6-month uptrend channel and $0.66
resistance-turned-support recently; this was later followed by a bullish
breakout above the 50-DMA on heavy volume yesterday.
Indicators turning bullish. With
the RSI also climbing above the 50% mark and the MACD initiating a
bullish crossover just yesterday ,they suggest that
the upside momentum is still building up.
Initial resistance at $0.75. We
expect the price to test the initial resistance at $0.75 (peaks in Oct
and Nov ‘10), breaking which, we peg the next resistance at $0.86 (peaks
between Sep ’09 to Jan ‘10).
Immediate support at $0.66. Meanwhile, $0.66 is remains the immediate key support, ahead of $0.55 (key trough in May ‘10).
By OCBC research.
Good counter to be vested.
The PE will be 9 if retain the earning in Q3.
The technical showing this counter is on uptrack or breaking the symmentric triangle soon.
What other says .....CHARTVIEWS For 9th December 2010
Ezion Holdings - Rebound from key supports suggests further recovery
Levels to Watch in Trading: Resistance set at $0.75
Support set at $0.66
Stock Rating: No Rating
Target Px: NA
Last Closing Px: $0.69
52-week Px Range: $0.55 - $0.855
SGX Code: 5ME
BLP Code: EZI SP Equity
/ospl/fyi reading///
venture.According to Kim Eng estimates, its forecast EPS will be 8.7 cts in 2010 and 9.0 cts in 2011 which gives a PE of 8.4x in 2010 and 8.2x in 2011. With the recent trend of exploration discovery likely to yield more gas than oil, Ezion should be one of the main beneficiaries from this trend.
Make love more, don't make more enemies
I think Ezion provides a good buying opportunity for any further price retreated below 70 cents.
Ezion Hldg