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EZRA HOLDINGS - RED HOT NEWS

why sgx didn' t respond so fast in Swiber case?

edwinjup      ( Date: 19-Mar-2017 19:45) Posted: why sgx response so fast??

 

Beging of the end of sgx.THIS IS SELF INFICTED DAMAGE, the high freq trading computers ,mtp and script borrowing!

 

Sgx may have to work overnight tonight to decide whether to lift the halt. This going to be world class joke in stock exchange history..

edwinjup      ( Date: 19-Mar-2017 19:45) Posted: why sgx response so fast??

 

Those who had invested in the above notes will be hit as well!

 

 

 

 

SGX needs to appoint auditors to investigate the Company, no matter Chapter 11 in US.   C-Suite should be stood down whilst investigation undertaken, completely independent.

earlybird14      ( Date: 19-Mar-2017 18:42) Posted: 😁 😁 😁 you think too high on Ezra management. They quickly registered company in U.S., is to file bankruptcy in U.S. To avoid gonna investigation like Swiber who JM in Singapore. Basically company filing bankruptcy, most of the time management won't be sued by gov, lawsuits will only be launched by existing shareholders and send management to court, and most of the time, management will be get rid of any responsibility since to US court, everyone hold own due diligence and responsibility to buy company shares, everyone cannot earn money from share, all happy and quiet but when lose money try to blame others. But Swiber case is gone too far on this basis since gov and statutory step in to investigate management. So Ezra management take lesson learnt from Swiber case and file bankruptcy oversea, chapter 11, even allow existing management to stay with the company till further notice from creditors and judge. So management still enjoy their pay most of the time. sheerluck      ( Date: 19-Mar-2017 18:07) Posted: I think this is a rough job for the mgmt since this is not their area of expertise. So they should get a 50% pay rise for doing chapter 11. But for the ground workers, they need to take a 50% paycut since the company is not doing well. Fair right! Don't force the mgmt to resign enmass like what the swindler board tried to do. No pay no work is everyone's rights, right!

 

Disagree all because of downturn, EZRA was on way down when oil price US$100+.   There needs to be a full investigation in Singapore, no matter file for Chapter 11 in US

MichaelSchenker      ( Date: 19-Mar-2017 19:11) Posted: I hope most of the staff are able to seek employment. Some are like you and me, have many mouths to feed at home. The older workers will definitely have a harder time based on the current employment sentiments in Singapore. During the good old days when O & G companies are doing well, it is not uncommon to see 6 moths or 12 months bonuses. So, it' s just simply a downturn which I believe there' s nothing much the directors or management can do. Many in the industry already gone bust. Those companies who survived will definitely come  out stronger, as most of the weaker competitors are wiped out. Strength of Ezra estimated to be 5000, in Singapore context, a mid-sized company. Big companies include SIA, SeaGate, ST Engineering, SMRT, SingTel.....etc (notice mostly starts with ' S' ), so, it' s definitely not true when one of our friends here said " EZRA is too big to fail" . Good Luck to all current holders, you guys really need it tomorrow.   sheerluck      ( Date: 19-Mar-2017 18:07) Posted: I think this is a rough job for the mgmt since this is not their area of expertise. So they should get a 50% pay rise for doing chapter 11. But for the ground workers, they need to take a 50% paycut since the company is not doing well. Fair right! Don't force the mgmt to resign enmass like what the swindler board tried to do. No pay no work is everyone's rights, right!

 

why sgx response so fast??

 

I hope most of the staff are able to seek employment. Some are like you and me, have many mouths to feed at home. The older workers will definitely have a harder time based on the current employment sentiments in Singapore.

During the good old days when O & G companies are doing well, it is not uncommon to see 6 moths or 12 months bonuses. So, it' s just simply a downturn which I believe there' s nothing much the directors or management can do. Many in the industry already gone bust. Those companies who survived will definitely come  out stronger, as most of the weaker competitors are wiped out.

Strength of Ezra estimated to be 5000, in Singapore context, a mid-sized company. Big companies include SIA, SeaGate, ST Engineering, SMRT, SingTel.....etc (notice mostly starts with ' S' ), so, it' s definitely not true when one of our friends here said " EZRA is too big to fail" .

Good Luck to all current holders, you guys really need it tomorrow.

 

sheerluck      ( Date: 19-Mar-2017 18:07) Posted: I think this is a rough job for the mgmt since this is not their area of expertise. So they should get a 50% pay rise for doing chapter 11. But for the ground workers, they need to take a 50% paycut since the company is not doing well. Fair right! Don't force the mgmt to resign enmass like what the swindler board tried to do. No pay no work is everyone's rights, right! laksaman57      ( Date: 19-Mar-2017 17:57) Posted: Yes, they will

 

Next one is noble. 😆 😆 😆 😆 😆 😆 😆 😆 😆 😆 😆

Ezra in the news at channel 8 today. Good news?!!! 😆 😆 😆 😆 😆 😆 😆 😆 😆 😆 😆

buysellbuysell      ( Date: 10-Mar-2017 11:21) Posted: $0.01 will be the time all 1 shot up lorry ?!!! For ezra. DYODD probably.💣 💣 💣 💣 💣 💣 💣 💣

 

Unbelievable still few more hours to Monday market open so many people still discussing what the outcome 👍 I missed isolator

ahhuat08      ( Date: 19-Mar-2017 18:48) Posted: U cant sense his sarcasm huh? Can u? earlybird14      ( Date: 19-Mar-2017 18:42) Posted: 😁 😁 😁 you think too high on Ezra management. They quickly registered company in U.S., is to file bankruptcy in U.S. To avoid gonna investigation like Swiber who JM in Singapore. Basically company filing bankruptcy, most of the time management won't be sued by gov, lawsuits will only be launched by existing shareholders and send management to court, and most of the time, management will be get rid of any responsibility since to US court, everyone hold own due diligence and responsibility to buy company shares, everyone cannot earn money from share, all happy and quiet but when lose money try to blame others. But Swiber case is gone too far on this basis since gov and statutory step in to investigate management. So Ezra management take lesson learnt from Swiber case and file bankruptcy oversea, chapter 11, even allow existing management to stay with the company till further notice from creditors and judge. So management still enjoy their pay most of the time

 

U cant sense his sarcasm huh? Can u?

earlybird14      ( Date: 19-Mar-2017 18:42) Posted: 😁 😁 😁 you think too high on Ezra management. They quickly registered company in U.S., is to file bankruptcy in U.S. To avoid gonna investigation like Swiber who JM in Singapore. Basically company filing bankruptcy, most of the time management won't be sued by gov, lawsuits will only be launched by existing shareholders and send management to court, and most of the time, management will be get rid of any responsibility since to US court, everyone hold own due diligence and responsibility to buy company shares, everyone cannot earn money from share, all happy and quiet but when lose money try to blame others. But Swiber case is gone too far on this basis since gov and statutory step in to investigate management. So Ezra management take lesson learnt from Swiber case and file bankruptcy oversea, chapter 11, even allow existing management to stay with the company till further notice from creditors and judge. So management still enjoy their pay most of the time. sheerluck      ( Date: 19-Mar-2017 18:07) Posted: I think this is a rough job for the mgmt since this is not their area of expertise. So they should get a 50% pay rise for doing chapter 11. But for the ground workers, they need to take a 50% paycut since the company is not doing well. Fair right! Don't force the mgmt to resign enmass like what the swindler board tried to do. No pay no work is everyone's rights, right!

 

😁 😁 😁 you think too high on Ezra management. They quickly registered company in U.S., is to file bankruptcy in U.S. To avoid gonna investigation like Swiber who JM in Singapore.

Basically company filing bankruptcy, most of the time management won't be sued by gov, lawsuits will only be launched by existing shareholders and send management to court, and most of the time, management will be get rid of any responsibility since to US court, everyone hold own due diligence and responsibility to buy company shares, everyone cannot earn money from share, all happy and quiet but when lose money try to blame others.

But Swiber case is gone too far on this basis since gov and statutory step in to investigate management.

So Ezra management take lesson learnt from Swiber case and file bankruptcy oversea, chapter 11, even allow existing management to stay with the company till further notice from creditors and judge. So management still enjoy their pay most of the time.

sheerluck      ( Date: 19-Mar-2017 18:07) Posted: I think this is a rough job for the mgmt since this is not their area of expertise. So they should get a 50% pay rise for doing chapter 11. But for the ground workers, they need to take a 50% paycut since the company is not doing well. Fair right! Don't force the mgmt to resign enmass like what the swindler board tried to do. No pay no work is everyone's rights, right! laksaman57      ( Date: 19-Mar-2017 17:57) Posted: Yes, they will

 

I think this is a rough job for the mgmt since this is not their area of expertise. So they should get a 50% pay rise for doing chapter 11. But for the ground workers, they need to take a 50% paycut since the company is not doing well. Fair right!

Don't force the mgmt to resign enmass like what the swindler board tried to do. No pay no work is everyone's rights, right!

laksaman57      ( Date: 19-Mar-2017 17:57) Posted: Yes, they will sheerluck      ( Date: 19-Mar-2017 17:04) Posted: Would like to know if the mgmt are still drawing fat pay while doing chapter 11?

 

Yes, they will

sheerluck      ( Date: 19-Mar-2017 17:04) Posted: Would like to know if the mgmt are still drawing fat pay while doing chapter 11?

 

Is subsea 7 waiting for this moment to buy cheap cheap ?

sokdotcom      ( Date: 18-Mar-2017 11:15) Posted: Subsea 7 considering ECS assets http://www.upstreamonline.com/live/1227715/subsea-7-runs-eyes-over-emas-chiyoda-assets

 

They have the mentality coy can bankrupt owners cannot.

 

Sgx cant handle this case ! Can only imposeMTP and decide on luanch breakee:-)

 

Would like to know if the mgmt are still drawing fat pay while doing chapter 11?

 

Sgx will not allow trading....straight away suspension till JM or court order settling of debts.. ..Those short position Sgx will have special buyin for covering only similar to Linc Energy...

happyharvest      ( Date: 19-Mar-2017 15:51) Posted: The same old trick? Haha this time gona break 0.01 moron101      ( Date: 19-Mar-2017 15:49) Posted: Monday halt will be lifted before 8.30am but will have another halt before 9.00am.

 

The same old trick? Haha this time gona break 0.01

moron101      ( Date: 19-Mar-2017 15:49) Posted: Monday halt will be lifted before 8.30am but will have another halt before 9.00am. happyharvest      ( Date: 19-Mar-2017 15:39) Posted: So Mon suspended or open for trading ?