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EZRA HOLDINGS - RED HOT NEWS
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paranomic123
Veteran |
20-Jan-2016 16:57
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nearly 100 mil shares traded.. drop 20% .. very bad news.. |
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sheerluck
Supreme |
20-Jan-2016 16:37
Yells: "Work for your money first then let your money work for you" |
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Dog son: A-gao, I need $1 mil. A-gao (from nominee bank): Why? Dog son: I am going with fifth xiao-san to korea for a trip. A-gao: $1mil for that? Dog son:  Ofc, I fly private jet mah.  You think I like those poor people in the MRT, take public transport and commerical airplane meh. A-gao:  Ok. No problem.  I settle for you.  I just charge the usual comm 10%. Dog san:  Good man.  Anyway, no diff to me.  I got a super duper ATM card. Hahahahaha! A-gao:  Right away. And the Dog son and his xiao-san (and ofc a-gao) live happily ever after.  Not the end.  The next few days something happened in the the stock market (and many people didn' t live happily ever after). The end.  
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paranomic123
Veteran |
20-Jan-2016 16:20
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How can he have disposed 11 mil shares 4 days before the share consolidation announcement is made and no query? Made off with nearly 1 mil.dollar. ![]()
4-6 days ago px is trading at 0.078-0.08+ compare to yesterday announcement.. today low of 0.059...
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sheerluck
Supreme |
20-Jan-2016 15:54
Yells: "Work for your money first then let your money work for you" |
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Dada: Dog son, why did Mr Margin called you?  You know that pay you get each year most people don' t get in their lifetime? Dog Son: What people?  You mean those smelly people in the MRT??? Dada: Ok fine so why you got a call from him? Dog Son: Dada, you know every morning I eat lobster for breakfast,  lobster for lunch and lobster for dinner and I got many meimei to feed me because my hand busy " working" with them on official business while I eat. Dada: What about the coy? Dog Son: I don' t know lah.  Who cares.  I just ask my kakia to pass doc and I sign loh.  Don' t even know what I am signing.  Also don' t care.  Anyway, you get this coy set up to grant me this super duper ATM card.  I don' t fully utilise I let you down. Dada:........ And the dog son live happily ever after.  The end.
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paranomic123
Veteran |
20-Jan-2016 15:26
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U definetely have a good way of easing our pains... 
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Qanghoo
Supreme |
20-Jan-2016 15:26
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Brother, this morning someone told me he kena margin call.  May also be possible that pledged shares kena sold on his behalf.  But again, I' m not sure how true all the stories circulating.     
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queryit
Member |
20-Jan-2016 15:25
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http://splash247.com/ezra-holdings-share-price-hit-by-consolidation-plan/ Ezra Holdings shares have dropped over 14% in trading today as investors reacted negatively to an announcement by Ezra overnight that it would be undertaking a share consolidation in order to keep its share price above the minimum level required by the Singapore Stock Exchange. Ezra said that it will consolidate every eight  shares into one  share in order to ensure it complies with the minimum trading price of S$0.20 ($0.14) required for Mainboard-listed stocks. Shares will be consolidated prior to March 1, leaving Ezra with 367,800,122 shares on the market at a paid-up share capital of $624,736,00. Having begun the year at $0.099, Ezra Holdings shares were trading 14.3% down this afternoon  at $0.060. Last week  the company  posted  a quarterly loss of $53.7m. |
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granto
Master |
20-Jan-2016 15:21
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Ezra Holdings share price hit by consolidation plan:  http://splash247.com/ezra-holdings-share-price-hit-by-consolidation-plan/ |
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paranomic123
Veteran |
20-Jan-2016 15:20
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Again, if search previous posts, my question goes to will Ezra go bust? like the one in jurong?
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appleronaldo
Veteran |
20-Jan-2016 12:44
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BBs collecting 60 back cheaply...they sold 69 70 yesterday..smart move |
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sheerluck
Supreme |
20-Jan-2016 12:20
Yells: "Work for your money first then let your money work for you" |
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Based on past experiences, share consolidation tends to increase the volatitiy of the share price. Dog son should be jailed for selling on insider trading.  First on release of bad results and second on share consolidation.  Both are price sensitive info and he as CEO knows way before hand they are coming.  Claimed discovery is bullshit.  Simple thing like this also cannot handle properly, no wonder coy going to bankrupt. 
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Qanghoo
Supreme |
20-Jan-2016 09:27
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Like that happen not so swee one leh.  Means can also go back 5.00 faster lor?
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queryit
Member |
20-Jan-2016 08:39
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Share consolidation doesn' t change the underlying fundamentals of the company' s business, it' s also doubtful whether it will reduce the volatility of the shares.   What next, then issue more shares???     |
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Qanghoo
Supreme |
20-Jan-2016 08:06
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I' d stick my neck out to say oil touching 100 in three yrs is possible.  First, China continues to import at record volume in 2015.  True, they did it cos oil was  perhaps more than  dirt cheap, to borrow a common cliche.  The upside of this is that  it has probably kept px from tanking even more.  The downside, on the other hand,  is that,  since they' ve stocked up so much, it' d put a lid on px for a longer period.  Overall though, with the Yuan at a more realistic level, n having imported so much oil at such a low px, PRC exports might have gained a more competitive edge than what  a lot of us may have figured it out to be.  My optimism therefore is that China wld likely turn the corner earlier than what the fear experts might wish.  Once that happens, there is really no telling how fast the tide will turn, especially if genuine incremental demand from China, given my take of an improving economy. gains a quick hold.  The short squeeze cld  possibly cause a stampede (to load rather than unload) in the near future.    Furthermore, one other pt that struck me when reading abt the latest data out of the PRC was that increase in consumption, thankfully, was offsetting a decline in exports.  Now, do we not recall that part of the structural reforms being put in motion there was to shift from an over reliance on exports to a more consumption-based economy?  So, probably we cld be seeing the buds out already although perhaps still painfully gradual.  Other tha the PRC, another  view I' d like to advance is that the rehabilitation of Iran (sorry for the cynicism) might also lend more than a little spark to spurring the tepid global economy, given how far the west has starved it of all manners of development n growth these last few years which,  to my mind,  must have removed substantially more momentum from their own GDPs than they' d  be man enough to  admit.  Therefore, the revised normal cld be Draghi facing the cameras with a broader smile in the not-too-distant future.  Already, almost immediately after desanctionalisation Europe was plugged into sweet music when Iran announced plans for a huge order from Airbus.  So, there we have it, a lot more optimism to look forward to.  That' s how I see things coming.  
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Huat1368
Veteran |
20-Jan-2016 07:53
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Citibank footstep... | ||||
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destinykraze
Elite |
19-Jan-2016 23:56
Yells: "Reality is only a matter of perception" |
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alan don' t sabotage other if you wanna do crazy stunt. $100/barrel is impossible for the next 3 years. unless there is war. talk is cheap. i also can say oil can hit $200, because of world war 3/ alien invasion. Look at statistics, supply and demand, not hypothetical  stuff.
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Wolfman
Senior |
19-Jan-2016 23:13
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Consolidate at what price? If consolidate base on last 6 mths average...huat lo lol | ||||
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edwinjup
Supreme |
19-Jan-2016 23:04
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think will behave.like informatic.....towards 40c after conso..so better avoid | ||||
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lawrence83
Senior |
19-Jan-2016 22:56
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The problem is whether it will go down again from S$ 0.56 to penny stock trigger another round of consolidation. Totally no confidence in Lionel anymore.
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alan5793
Veteran |
19-Jan-2016 22:48
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Finally Ezra can go back to 8x0.7 = 56 cents... based on this consolidation, it got chance to shoot up to $1.00 when oil px back to $100 / barrel.
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