Ezion   

ezion views

Ezion was the one on downtrend since the days after susp from ard 20cts in Apr  to current 7.5cts. That was just 5 months ago.
It seems to be holding well at its current lowest range of 7.3 to 7.6cts.
Imo, if this range don' t break, there is a good chance to recovery. But if it does break, it would probably touch 5-6cts.
But it will likely be a slow, challenging process, with ups and downs, and finally a clear breakaway from its suffering past to the glorifying future once again to 20cts and beyond into the green windy sea. DBS has given it at 12 months target, which is quite conservative imo, cos when oil price improves further, say, into US$90, the recovery can be quite swift.
For long term holders, the risk of further price erroding seems quite minimal, but the price appreciating can be multi bagging.
Just an opinion, but retail readers shd note that stock playing is always risky, u are up against the BBs and their tang chiak team who are informed well ahead before news come to u or the public domain. 
Would advise them to stay away. There are safer investments elsewhere to earn your hard earned money, and less stressful or worrisome.

Starwar88      ( Date: 14-Aug-2018 09:48) Posted: STI & HSI continue downtrend. How Long can EZion maintain its uptrend?

 

STI & HSI continue downtrend. How Long can EZion maintain its uptrend?

 

When he keeps quiet means he already long. He will come back after selling off and start talking down again. Same pattern repeated again and again making money at the expands of poor retailers.

trademaster      ( Date: 13-Aug-2018 23:14) Posted: Did u short or quietly buy ? Be careful. Next round strong run up will not give warning. trademaster      ( Date: 13-Aug-2018 08:57) Posted: Be careful. We are looking to whack it up this wee

 

Go go..

 

Wonder how many years you will have to wait to see 20 cents. Think by then, all bond holders would have converted and sold.

trademaster      ( Date: 14-Aug-2018 09:02) Posted: Accumulating...20ct will be huge profits for me.  lailai      ( Date: 14-Aug-2018 08:57) Posted: If it can continue with a minimal 0.001 up today, should bode well in the coming weeks, and months, mid to long term. That would be 3 days in a row, but so minimal that contra players should not be interested. The financial restructuring seems positive as the related parties may continue to give more assistance giving Ezion some muscle to manovre into operational profitability in months to come, especially with the current oil price stability and recovery. Not advisable for contra play of 1-2 bids, but mid-long term investing for multi bagger potential.

 

Accumulating...20ct will be huge profits for me. 

lailai      ( Date: 14-Aug-2018 08:57) Posted: If it can continue with a minimal 0.001 up today, should bode well in the coming weeks, and months, mid to long term. That would be 3 days in a row, but so minimal that contra players should not be interested. The financial restructuring seems positive as the related parties may continue to give more assistance giving Ezion some muscle to manovre into operational profitability in months to come, especially with the current oil price stability and recovery. Not advisable for contra play of 1-2 bids, but mid-long term investing for multi bagger potential.   lailai      ( Date: 13-Aug-2018 08:21) Posted: Imo, the current low price of 7.5c reflects the doldrum in this difficult industry. It has fallen sharply from 40+ cts in early ' 17, and even harder from ard $1.5 in Jan ' 14. Some other oil related counters are worst. In spite of its operating loss, it has made a creditable eps of 3.9 Sing cents after financial adjustment. Imo, those parties related to its financial restructuring seem committed to assist Ezion to progress forward by accepting at premium rates (20+ cents per sh) to help ease its financial burden.  Surely they know without help, Ezion could end up like Ezra which is still susp. Hopefully, it could get out of the wood soon, and if it can achieve what DBS has targetted at 20+ cents in 12 months, it would be a multi bagger at current low of 7.5cts. Imo, counter is for mid-long term investing, not for contra, so that one will not be easily affected by short term perspectives or noise. But it is still necessary to keep oneself informed, in case of sudden unexpected changes, so as to cut loss or take profit. Just an ext from its latest report for gen info: " During the second quarter of 2018, pursuant to the implementation of the refinancing exercise and the subscription agreement dated 5 April 2018, the Company had issued 1,259,791,449 ordinary shares and 222,031,794 ordinary shares at an issue price of S$0.2487 per share and S$0.2763 per share respectively. Consideration from these new shares amounting to approximately US$284.2 million were used for settlement of outstanding notes payable and other liabilities of the Company incurred during and prior the refinancing exercise. As at 30 June 2018, the issued and paid up share capital excluding treasury shares of the Company comprised 3,651,819,648 (31 December 2017: 2,073,843,405) ordinary shares. As at 30 June 2018, subsidiary of the Company has 300 (31 December 2017: 300) redeemable exchangeable preference shares A statement showing all sales, transfers, disposal, cancellation and/or use of treasury shares as at the end of the current The movement of treasury shares are as follows: As at 1 January 2018 = 3,184,000 shares Purchase of treasury shares during the period = Nil Transfer of treasury shares during the period = Nil As at 30 June = 3,184,000 shares A statement showing all sales, transfers, cancellation and/or use of subsidiary holdings as at the end of the current The Company had also issued 96,153,000 new shares at an issue price of S$0.208 per share. The proceeds from the placement of the shares, which amounted to approximately US$15.3 million is to be used for business expansion, repayment of certain secured borrowings and general working capital purposes."

 

If it can continue with a minimal 0.001 up today, should bode well in the coming weeks, and months, mid to long term.
That would be 3 days in a row, but so minimal that contra players should not be interested.
The financial restructuring seems positive as the related parties may continue to give more assistance giving Ezion some muscle to manovre into operational profitability in months to come, especially with the current oil price stability and recovery.
Not advisable for contra play of 1-2 bids, but mid-long term investing for multi bagger potential.
 

lailai      ( Date: 13-Aug-2018 08:21) Posted: Imo, the current low price of 7.5c reflects the doldrum in this difficult industry. It has fallen sharply from 40+ cts in early ' 17, and even harder from ard $1.5 in Jan ' 14. Some other oil related counters are worst. In spite of its operating loss, it has made a creditable eps of 3.9 Sing cents after financial adjustment. Imo, those parties related to its financial restructuring seem committed to assist Ezion to progress forward by accepting at premium rates (20+ cents per sh) to help ease its financial burden.  Surely they know without help, Ezion could end up like Ezra which is still susp. Hopefully, it could get out of the wood soon, and if it can achieve what DBS has targetted at 20+ cents in 12 months, it would be a multi bagger at current low of 7.5cts. Imo, counter is for mid-long term investing, not for contra, so that one will not be easily affected by short term perspectives or noise. But it is still necessary to keep oneself informed, in case of sudden unexpected changes, so as to cut loss or take profit. Just an ext from its latest report for gen info: " During the second quarter of 2018, pursuant to the implementation of the refinancing exercise and the subscription agreement dated 5 April 2018, the Company had issued 1,259,791,449 ordinary shares and 222,031,794 ordinary shares at an issue price of S$0.2487 per share and S$0.2763 per share respectively. Consideration from these new shares amounting to approximately US$284.2 million were used for settlement of outstanding notes payable and other liabilities of the Company incurred during and prior the refinancing exercise. As at 30 June 2018, the issued and paid up share capital excluding treasury shares of the Company comprised 3,651,819,648 (31 December 2017: 2,073,843,405) ordinary shares. As at 30 June 2018, subsidiary of the Company has 300 (31 December 2017: 300) redeemable exchangeable preference shares A statement showing all sales, transfers, disposal, cancellation and/or use of treasury shares as at the end of the current The movement of treasury shares are as follows: As at 1 January 2018 = 3,184,000 shares Purchase of treasury shares during the period = Nil Transfer of treasury shares during the period = Nil As at 30 June = 3,184,000 shares A statement showing all sales, transfers, cancellation and/or use of subsidiary holdings as at the end of the current The Company had also issued 96,153,000 new shares at an issue price of S$0.208 per share. The proceeds from the placement of the shares, which amounted to approximately US$15.3 million is to be used for business expansion, repayment of certain secured borrowings and general working capital purposes."

 

Did u short or quietly buy ? Be careful. Next round strong run up will not give warning.

trademaster      ( Date: 13-Aug-2018 08:57) Posted: Be careful. We are looking to whack it up this week Raymond9022      ( Date: 13-Aug-2018 08:53) Posted: Short first in the early morning....

 

congra those ppl never affected by tommy :)

 

If tmr mkt recovers, this might rise to 83 cents??

 

those ppl say it will drop to day...

really big joke la.

 

Just imagine , if the general market sentiment is good , price hit the roop by now.

rlong8288      ( Date: 13-Aug-2018 17:39) Posted: In the sea of red, still manage to closed green, well done.

 

In the sea of red, still manage to closed green, well done.

 

No power to clear 77 wall. Maybe can close 77 during matching. Catching shortist who shorted at 75 & 76.

 

Sell Volume dropped from 9 mils to 4 mils... Normal now?? I think Someone don't want it to go up... Create Walls there???

rlong8288      ( Date: 13-Aug-2018 15:37) Posted: Market depth can change anytime...  rlong8288      ( Date: 13-Aug-2018 15:31) Posted: Aiyo, so long is still positive, I make money...........no worries about q volum

 

Should be shortist and contra players waiting to sell. Every pip up is a challenge. Will be tough. Unless Got favourable news, if not, don?t think BB will try to clear the wall up.

 

I know, A lot of investors kenal trapped @ very very very High price... If price go up around 8 cts, those want to cash out will dump.. Toooo much shares issued liao... That's Y left $0.075 ....NOT 75 cts... Eventually, needs to issue more more to get $$$$$ for next qtr operations costs..

rlong8288      ( Date: 13-Aug-2018 09:46) Posted: Wow 77 now Starwar88      ( Date: 13-Aug-2018 09:33) Posted: Thought u shorted 77 last Friday. Today short how many lots? U so openly blast. Should follow Guards80. Nowadays, he stealth mode. Later this tread gets deleted again. See Ah Heng also disappeared

 

Mr. Market endorsed the 2Q result with the buy up , despite very weak market sentiment .

 

Good brother punish CB Hse , big move coming once trader one by one

 

Be careful. We are looking to whack it up this week

Raymond9022      ( Date: 13-Aug-2018 08:53) Posted: Short first in the early morning.... tonylim70      ( Date: 13-Aug-2018 08:30) Posted: My burning question is: Why  some ppl in this thread or analysts from DBS  and other banks/brokerage  say Ezion can go up to 20+ cents, then why not they just sell their house , borrow as much $$ as they can and buy Ezion. Even if they start buying until the price hits 12 cents, is still considered very cheap compared to the potential 20+ cents they say will materialised in 12 mths. (some ppl  in this thread even say it will go up to $1).  This is such easy money to earn but why does the share price remain so low at 7.x cents? Everyone of those supporters of Ezion should keep buying even if it means selling their houses and borrowing from loan sharks?