
$0.80 will come
At the current price level, looks like it is heading south..
rpires ( Date: 18-Oct-2010 14:57) Posted:
|
Event:
Ezion Holdings has announced the establishment of a joint venture company with BBC Chartering & Logistic GmbH & Co. KG (BBC) for the 50:50 joint ownership of a vessel that will be used for the transportation of oil and gas-related cargos from the United States of America to Australia and Papua New Guinea. The JV company has chartered the vessel to BBC for an approximate value of US$28m over a 6-year period.
Our take:
Our initial opinion is that Ezion?s new business venture signals a strengthening of its foothold in Australia, and ties in well with the direction of the company?s new marine supply base businesses which are located to service offshore field development work in Western Australia (Exmouth) and Northern Australia (Melville Island ? to the North of which, sits Papua New Guinea).
tgt price 0.90
Ezion Holdings has announced the establishment of a joint venture company with BBC Chartering & Logistic GmbH & Co. KG (BBC) for the 50:50 joint ownership of a vessel that will be used for the transportation of oil and gas-related cargos from the United States of America to Australia and Papua New Guinea. The JV company has chartered the vessel to BBC for an approximate value of US$28m over a 6-year period.
Our take:
Our initial opinion is that Ezion?s new business venture signals a strengthening of its foothold in Australia, and ties in well with the direction of the company?s new marine supply base businesses which are located to service offshore field development work in Western Australia (Exmouth) and Northern Australia (Melville Island ? to the North of which, sits Papua New Guinea).
tgt price 0.90
this is a laggard stocks. make worse by issue shares to a consortium. some securities recommend a buy at tgt price around 0.90. but i dont think it can reach there. there are heaps of sellers in the market.
Let's hope that it can hold at the current price of 73 - 73.5 cents. If not, I think it might drop below 70 cents.
gurukia ( Date: 17-Oct-2010 15:31) Posted:
|
ezion will catch up with PEC...
closing at 0.74 is a good sign ? any guru can advised ?
It has been slowly going up from 68 cents to 72.5 cents with active trade done these few days.
I think it might be testing 74 - 74.5 cents ..
BBs continue to accumulate this morning.
Ok, thanks Bintang. 

Bintang ( Date: 06-Jul-2009 14:12) Posted:
|
If it becomes convincing uptrend , then the share price could already go up to 70 cents which breaking new high . By the time , people will take profit from u , n u have to wait a little longer before taking your profit . Always buy on expectation n sell on confirmation .
dealer0168 ( Date: 06-Jul-2009 13:57) Posted:
|
Emm re-read on yr analysis, i guess it is a convincing uptrend..........
Continue monitoring first
Ooo btw my breakout refers to temporary upside breakout.
dealer0168 ( Date: 06-Jul-2009 13:50) Posted:
|
So Bintang based on yr current TA analysis on this baby, is it a convincing uptrend. Or just a breakout.

Bintang ( Date: 06-Jul-2009 13:43) Posted:
|
Ezion retreated to 52.5 cents when hitting new high at 69.5 cents , this is also the Fibonacci 's 50 % retracement as from 35 cents . Now the only resistance is 67 cents . All indicators are showing conformaton signals that price is to shoot up strongly .It also broke out of the flagpole formation n indicates an upside target of $1 + .
Already moving up.3rd Top volume.