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981-1000 of 1293
stay on sideline for the time being maybe better? haha. no clear direction i feel. the rebound not very convincing
seanpent ( Date: 11-May-2011 15:59) Posted:
| too low for any lucrative short ..... going long seems more logical .... |
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ramba => ezra ?
too low for any lucrative short ..... going long seems more logical ....
big fishes appearing too ?
this rebound like not very convincing. hmm
seems u-turning upwards too
latest set of results not too good. scared will break support =/
what do you guys think?
seanpent ( Date: 10-May-2011 16:23) Posted:
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Upper range about 1.86 ... an opportunity ? |
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Upper range about 1.86 ... an opportunity ?
Time to bounce up from lower range
Ezra: DnB NOR: reiterate Sell with $1.45. Add that new subsea contracts are positive, however, the impact is smaller due to lower initial order book. Lowers FY11E EPS by 5%, current subsea backlog of US$254m and target of US$1b over the nx 12-18mths, imply new order intake of USD750m vs new order estimate of US$550m over the same period. House would be positive if target is not achieved at the expense of margins, however currently, uncomfortable to increase the values of Ezra's subsea fleet.
Ezra Holdings Ltd announced that EMAS AMC, the operating brand for Ezra Holdings has won a US$88m contract from leading energy provider Noble Energy for subsea installation work in Mediterranean . (Closing price: $1.77)
/sgx //**Diversify your portfolio, invest in land and get a handsome return of 15-20%pa in 4 to 5 years.
http://www.youtube.com/watch?v=kMOvjDJeOuQ
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//*
It's not a fintastic result but seems it should be better in 2H.
not a very gd result to me..
| Ezra posts 42% rise in 1H gross profit to $67.5m |
| Written by The Edge |
| Thursday, 14 April 2011 17:49 |
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Ezra Holdings says gross profits rose 42% to US$54 million ($67.5 million) for the six months ended 28 February 2011 (1H FY2011). Revenue rose 29% year-on-year to US$174.8 million over the same period.
Ezra says the increase in revenue is due to growth in the Offshore Support Services Division and the Subsea Services Division. Under the Offshore Support Services Division, higher revenue was achieved from five Platform Supply Vessels and an Anchor Handling Tug and Supply Vessel.
The Subsea Services Division also saw higher revenue due to an increase in well servicing projects in 1H FY2011 compared to 1H FY2010.
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