Ezra
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Ezra owned EOC - the cheapest stock
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The Norwegian listed company EOC trades at ttm. P/E of
around 2-4x, EV/EBIT 4-5x and P/B 0,6. This is extremely cheap taken into
consideration that the ROE will be in excess of 13%. Ezra Holdings is the
largest shareholder, and I wouldnâ??t be surprised if we could see a takeover bid
here. (Especially now that Ezra hired an M& A expert). The company generates
close to zero interest from Norwegian investors, due to the fact that the
company lacks broker coverage.
Keep in mind that this stock went public on 22 NOK pr.
Share. Todays shareprice is 5,5 NOK Ã And the company will earn more money than they did when they went public.
Triggers:
First gas from Perisai Kamelia (1-2 weeks)
Contract for Enterprise 3 ( 4-15 weeks)
Takeover bid from Ezra
