Ezion   

ezion views

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?   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."

 

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?

 

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."

 

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."
 

 

DBS is a DieHard Supporter of Ezion...Die die will support them Such a Good Result, Y they downgraded from 29 to 21 cts now?? Wow, huge cut of 30% ....They even cut 50% of profit margin FY 2019?? Y out of sudden turned the other way round ???

Berani      ( Date: 12-Aug-2018 22:50) Posted: still got 21 cents... that is y need buy buy buy ! tonylim70      ( Date: 12-Aug-2018 22:35) Posted: Sometimes I wonder what the analysts are doing. Their target is 21 cents but now share price is only  around 7 cents. Why not they sell their houses, borrow $$ to load Ezion since they say the share price will rise to 21 cents??? They can buy and buy and buy until share price is 15 cents still considered cheap !. Why they never do that

 

well.. typical cheerleaders .. anyone offers different opinion, u will say he/she is a shortist or talk down to buy cheap.
Anyway share price will drop this week.. be warned first

trademaster      ( Date: 13-Aug-2018 00:26) Posted: He hope to buy cheap, else why he keep coming to this thread to talk down the stock...he is hoping to get cheap . moron101      ( Date: 12-Aug-2018 20:02) Posted: Finally, you say 'I not vested'. What a irresponsible person you are.

 

He hope to buy cheap, else why he keep coming to this thread to talk down the stock...he is hoping to get cheap .

moron101      ( Date: 12-Aug-2018 20:02) Posted: Finally, you say 'I not vested'. What a irresponsible person you are. tonylim70      ( Date: 12-Aug-2018 19:25) Posted: I can sill vividly remember in one of the Ezion old thread (deleted, dun know why). When it resumes trading, share price chiong from 18 cents to 25 cents, there were many cheerleaders who shout " chiong to 50 cents, huat har" ... " very good prospect.. sure chiong to $1, must buy" etc.. There were some kind ppl here who warned those innocent investors who were tempted to load at 25 cents against those " cheerleaders" and these kind ppl kana attacked by those cheerleaders. Today at 7.x cents now, we are still seeing the same thing happening.. some " cheerleaders" appearing to lure innocent investors into buying .. haha.. hope history dun repeat itself again and later share  price tank to below 5 cents. Yes, I dun read the " PROSPECT" statement, what i trust is what is happening NOW aka the financial statement. " PROSPECT" means nothing to me, is just some broken promises by those who wants to offload. Anyway, I kaypoh la. I not vested anyway.

 

still got 21 cents... that is y need buy buy buy !

tonylim70      ( Date: 12-Aug-2018 22:35) Posted: Sometimes I wonder what the analysts are doing. Their target is 21 cents but now share price is only  around 7 cents. Why not they sell their houses, borrow $$ to load Ezion since they say the share price will rise to 21 cents??? They can buy and buy and buy until share price is 15 cents still considered cheap !. Why they never do that? rockman88      ( Date: 12-Aug-2018 21:28) Posted: DBSV maintains BUY ... but cut target from 0.29 to 0.21 .... that&rsquo s quite a huge cut. Wonder what other analysts say ...

 

Sometimes I wonder what the analysts are doing. Their target is 21 cents but now share price is only  around 7 cents. Why not they sell their houses, borrow $$ to load Ezion since they say the share price will rise to 21 cents??? They can buy and buy and buy until share price is 15 cents still considered cheap !. Why they never do that?

rockman88      ( Date: 12-Aug-2018 21:28) Posted: DBSV maintains BUY ... but cut target from 0.29 to 0.21 .... that&rsquo s quite a huge cut. Wonder what other analysts say ...

 

Omg.... If Result so good, Why DBS downgrade from 29 to 21 cts ???? What happened again???

rockman88      ( Date: 12-Aug-2018 21:28) Posted: DBSV maintains BUY ... but cut target from 0.29 to 0.21 .... that&rsquo s quite a huge cut. Wonder what other analysts say ...

 

DBSV maintains BUY ... but cut target from 0.29 to 0.21 .... that&rsquo s quite a huge cut. Wonder what other analysts say ... 

 

Next week share price will tank. We should see whether I am a responsible person.
:) Cheers

moron101      ( Date: 12-Aug-2018 20:02) Posted: Finally, you say 'I not vested'. What a irresponsible person you are. tonylim70      ( Date: 12-Aug-2018 19:25) Posted: I can sill vividly remember in one of the Ezion old thread (deleted, dun know why). When it resumes trading, share price chiong from 18 cents to 25 cents, there were many cheerleaders who shout " chiong to 50 cents, huat har" ... " very good prospect.. sure chiong to $1, must buy" etc.. There were some kind ppl here who warned those innocent investors who were tempted to load at 25 cents against those " cheerleaders" and these kind ppl kana attacked by those cheerleaders. Today at 7.x cents now, we are still seeing the same thing happening.. some " cheerleaders" appearing to lure innocent investors into buying .. haha.. hope history dun repeat itself again and later share  price tank to below 5 cents. Yes, I dun read the " PROSPECT" statement, what i trust is what is happening NOW aka the financial statement. " PROSPECT" means nothing to me, is just some broken promises by those who wants to offload. Anyway, I kaypoh la. I not vested anyway.

 

According to moron101    , you are a responsible person :) Cheers yes.. Those newbies should listen to u and load Ezion.

samcui      ( Date: 12-Aug-2018 17:27) Posted: DBS target price for Ezion: S$ 0.21 within 12 months.

 

ya. not vested..

Just want to warn newbies against some " cheerleaders" here who only shout " nice to hear things" to lure innocent investors to buy, these are the same ones who ask ppl to buy when it was trading at 20+ cents. Cheers.

I hope u were a responsible person when it was trading at 20 cents and u warned others not to buy when cheerleaders lured others to buy at 20+ cents when the suspension was lifted.

So I assume ur " responsible" person means any person who just keep quiet about the potential pitful of this counter or anyhow who shout good things about this counter and that this counter will chiong to 8 cents next week and 25 cents etc..

Anyone who offers  negative views BASED ON THE FINANCIAL STATEMENT is irresponsible.

 



 

moron101      ( Date: 12-Aug-2018 20:02) Posted: Finally, you say 'I not vested'. What a irresponsible person you are. tonylim70      ( Date: 12-Aug-2018 19:25) Posted: I can sill vividly remember in one of the Ezion old thread (deleted, dun know why). When it resumes trading, share price chiong from 18 cents to 25 cents, there were many cheerleaders who shout " chiong to 50 cents, huat har" ... " very good prospect.. sure chiong to $1, must buy" etc.. There were some kind ppl here who warned those innocent investors who were tempted to load at 25 cents against those " cheerleaders" and these kind ppl kana attacked by those cheerleaders. Today at 7.x cents now, we are still seeing the same thing happening.. some " cheerleaders" appearing to lure innocent investors into buying .. haha.. hope history dun repeat itself again and later share  price tank to below 5 cents. Yes, I dun read the " PROSPECT" statement, what i trust is what is happening NOW aka the financial statement. " PROSPECT" means nothing to me, is just some broken promises by those who wants to offload. Anyway, I kaypoh la. I not vested anyway.

 

0.067 then can start to monitor. At this current trading price range, it&rsquo s a waste of time to consider.

tonylim70      ( Date: 12-Aug-2018 18:28) Posted: hahaha.. ok.. next week will tank... especially monday will tank towards 7 cents. The more cheerleading by you, the stronger the drop. Ppl like u try to talk good about a lousy stock, trying to sabotage innocent investors and lure them to buy. Nevermind, we let the share price judge who is the one with ulterior motive.   trademaster      ( Date: 12-Aug-2018 18:21) Posted: Up 3 ct to 7.5 is BBs pumping?? Obviously u do not know what is pumping. Next week will start to cheong. The more fear the stronger the rebound .

 

Finally, you say 'I not vested'. What a irresponsible person you are.

tonylim70      ( Date: 12-Aug-2018 19:25) Posted: I can sill vividly remember in one of the Ezion old thread (deleted, dun know why). When it resumes trading, share price chiong from 18 cents to 25 cents, there were many cheerleaders who shout " chiong to 50 cents, huat har" ... " very good prospect.. sure chiong to $1, must buy" etc.. There were some kind ppl here who warned those innocent investors who were tempted to load at 25 cents against those " cheerleaders" and these kind ppl kana attacked by those cheerleaders. Today at 7.x cents now, we are still seeing the same thing happening.. some " cheerleaders" appearing to lure innocent investors into buying .. haha.. hope history dun repeat itself again and later share  price tank to below 5 cents. Yes, I dun read the " PROSPECT" statement, what i trust is what is happening NOW aka the financial statement. " PROSPECT" means nothing to me, is just some broken promises by those who wants to offload. Anyway, I kaypoh la. I not vested anyway.

 

I can sill vividly remember in one of the Ezion old thread (deleted, dun know why). When it resumes trading, share price chiong from 18 cents to 25 cents, there were many cheerleaders who
shout " chiong to 50 cents, huat har" ... " very good prospect.. sure chiong to $1, must buy" etc..
There were some kind ppl here who warned those innocent investors who were tempted to load at 25 cents against those " cheerleaders" and these kind ppl kana attacked by those cheerleaders.

Today at 7.x cents now, we are still seeing the same thing happening.. some " cheerleaders" appearing to lure innocent investors into buying .. haha.. hope history dun repeat itself again and later share  price tank to below 5 cents.

Yes, I dun read the " PROSPECT" statement, what i trust is what is happening NOW aka the financial statement. " PROSPECT" means nothing to me, is just some broken promises by those who wants to offload.

Anyway, I kaypoh la. I not vested anyway.

 

 

no... i still find this company a risky company to invest in...
anyway is ur own  money, if u think is good, u can invest :) Cheers..
 

Berani      ( Date: 12-Aug-2018 19:16) Posted: have u ever read the prospect statement? I wonder. tonylim70      ( Date: 12-Aug-2018 18:30) Posted: The financial results CHEARLY shows that the company is making a loss but due to a ONE-TIME financial gain from the recent fund raising, the company is making a ONE-TIME profit which is not expected to be repeated. I dun know why so many of them keep saying the company is turning around and making a profit when the evident is SO CLEAR that the profit is a fluke.

 

have u ever read the prospect statement? I wonder.

tonylim70      ( Date: 12-Aug-2018 18:30) Posted: The financial results CHEARLY shows that the company is making a loss but due to a ONE-TIME financial gain from the recent fund raising, the company is making a ONE-TIME profit which is not expected to be repeated. I dun know why so many of them keep saying the company is turning around and making a profit when the evident is SO CLEAR that the profit is a fluke. Wind22i      ( Date: 12-Aug-2018 18:24) Posted: Forget about ezion.. and target price by anal-yst.. Just look at whether this company is still relevant or obsolete.. Of course bankers will give high target.. as they want to recover back their loan money

 

The financial results CHEARLY shows that the company is making a loss but due to a ONE-TIME financial gain from the recent fund raising, the company is making a ONE-TIME profit which is not expected to be repeated. I dun know why so many of them keep saying the company is turning around and making a profit when the evident is SO CLEAR that the profit is a fluke.

Wind22i      ( Date: 12-Aug-2018 18:24) Posted: Forget about ezion.. and target price by anal-yst.. Just look at whether this company is still relevant or obsolete.. Of course bankers will give high target.. as they want to recover back their loan money

 

hahaha.. ok.. next week will tank... especially monday will tank towards 7 cents. The more cheerleading by you, the stronger the drop.
Ppl like u try to talk good about a lousy stock, trying to sabotage innocent investors and lure them to buy.

Nevermind, we let the share price judge who is the one with ulterior motive.
 

trademaster      ( Date: 12-Aug-2018 18:21) Posted: Up 3 ct to 7.5 is BBs pumping?? Obviously u do not know what is pumping. Next week will start to cheong. The more fear the stronger the rebound .  tonylim70      ( Date: 12-Aug-2018 17:10) Posted: Yes, the company is still making losses.. BUT some ppl/BBs will make use of the headline news of the profit which is one-off due to the recent fund raising exercise to lure innocent investors into buying. Then they (the BBs and some ppl)  pump the share price to 7.5 cents just to create a false mirage that the share price going to chiong in order to  lure in innocent investors.. Dumping will happen next... next week will see dumping happening.. and Monday will be the start of the dumpin