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Ezra

puntware... I'm a supporter of musicwhiz's blog but will think that it is better for you make up your own decision on when to sell (then to wait for his sell signal). It will be unfair to make him responsible for your investment. Just my very frank opinion.

 

Thanks musicwhiz5 on your analysis, will keep 2 lot Ezra @ 5.55 till you signal sell.

hikitty, dont understand what the .... you mumbling... Pls keep yr msg short.

 

Those who hope EZRA will move north like a missile for a few moments and drop like a shooting star  the next moment shd play speculative counters which gyrate for no rhyme or reason. Salute musicwhiz5 for posting his  analytical write-up which contains nuggets of wisdom.  At least EZRA is better than many other "orphan" shares that have been stuck in range-bound trading for at least five years though their intrinisic values are good.  Sorry, not vested and no offence to those who hope EZRA would move north  soon (though it may dive if the consolidation lasts for some time  due to those who may have to cash in (e.g. next-of-kin of deceased investors who are compelled to sell the shares for computation of estate duty payable)

 

Wah...if really declare S$0.48 dividend and bonus issue...huat liao....

 Musicwhiz5, your write-up and analysis was good. Thanks for the precious info. 

 

Worry less about the price, think more instead about Ezra's business, growth, plans, strategies and study their revenues, margins and ratios. If the company's intrinsic value is increasing, price naturally takes care of itself.

I have updated my blog regarding Ezra's EOC Listing in Norway. Kindly visit and leave comments if you wish. My blog can be accessed at http://sgmusicwhiz.blogspot.com

Thanks !

 

Ezra stuck at 6-6.40 all week. When will she move?

 

Expect the FY 2007 results in mid to late October 2007.

 

Any idea when it is releasing its financial result???

 

Most blue chip and marine stocks all going up...except this....still warming its engine? Any impact on its share price for listing EOC on another exchange?...

 

Hoping for more good news in the coming wks....heeheehee

 

Singapore Companies

Published September 21, 2007

20 SGX firms make the cut in Forbes Asia 200 List ranks top 200 with under US$1b turnover, showing consistent growth By LYNETTE KHOO Email this article Print article Feedback TWENTY Singapore Exchange-listed companies have made their way into the latest Forbes Asia 200 'Best Under A Billion' list, which ranks companies with less than US$1 billion in turnover but which have shown consistent growth in sales and profits over three years. These 20 entries landed Singapore in the sixth spot among 14 economies in Asia. The diverse sectors that these 20 companies are engaged in, ranging from technology, offshore and marine, to lifestyle and logistics, reflects the diversification that the Singapore economy has undertaken in its shift from the electronics-driven days. These companies have achieved earnings per share growth of 16 per cent to 140 per cent over the past three years. Offshore marine companies in the list include ASL Marine, Ezra Holdings and Labroy Marine. The list also included Singapore-listed Chinese companies China Sun Bio-Chem Tech, Hongguo International, Midas and Midsouth Holdings. The only education company in the Singapore list is Raffles Education. Its foray into the fast-growing Chinese market has resulted in consistently strong earnings. In an interview with Forbes Asia, Raffles Education chairman Chew Hua Seng said he is confident that the group's revenue will continue to grow at around 40 per cent annually, while the number of students grows at 20 per cent a year. Much of its plans are focused on China, where it derives about half of its group revenue. Its robust fiscal year ended June 30, where net profit rose 53 per cent year-on-year to $49.33 million as revenue grew 38 per cent to $124.05 million, kept the group on the list for the second consecutive year. Mr Chew was also ranked Singapore's 10th-richest person this year, after Forbes Asia valued his wealth at US$595 million as of Aug 10. In all, the annual Forbes Asia's 'Best Under A Billion' list drew over 22,500 listed companies in the Asia Pacific region, which were vetted for consistent growth over three years. Eight out of 10 companies on the list are making their debut ranking this year. Taiwan has the highest number of companies making the list, with nearly all of the 41 firms being parts makers from the IT sector, given its tech-laden economy. China comes second, with 23 companies, followed by 22 companies from Hong Kong.

 

 

Any one got any rating or target price for this stock? ...after its stake sale in EOC??

 

Musicwhiz5, Thank you, have visited your blog day before. Now the counter has halted most probably, will announce bonus issue 1 to 1.  Will it be ?

The daughter share Ezion has been standing quite firm for the past few days, is it reflecting the mother's movement?

ple advise. Thanks

 

Dear all, kindly visit my blog at http://sgmusicwhiz.blogspot.com for an update on the EGM and also some discussion points with a key Ezra executive. Feel free to leave comments, thanks !

 

Still waiting for it to go up to $6 and above...cos still making loss due to the mkt correction...hoping the issue of bonus shares will push its price higher.....all the way man...Ezra. 

 

EZRA HOLDINGS LIMITED
MILESTONE PIPELAY AND CONSTRUCTION CONTRACT FOR EZRA?S SUBSIDIARY?S VESSEL
The Board of Directors of Ezra Holdings Limited ("Ezra") is pleased to announce an additional charter contract for the ?Lewek Champion?, a vessel of Lewek Champion Shipping Pte Ltd, which is wholly owned by EOC Limited, a subsidiary of Ezra. The contract was entered into by EOC Limited?s wholly-owned operating company, Emas Offshore Construction and Production Pte Ltd (?EOCP?). This charter is anticipated to end no earlier than 2010, excluding extension options.
The ?Lewek Champion? will be deployed as an integral asset to perform the installation of sub-sea pipelines and the transportation and installation of drilling, production and wellhead platforms in Southeast Asia for a national oil company. The scope of work for this entire project in which the ?Lewek Champion? plays a part is expected to have an overall value of approximately US$ 888 million.
The above charter contract is expected to contribute positively to the Ezra Group?s earnings per share for the subsequent financial year(s).
By Order of the Board
Submitted by Lee Chye Tek Lionel, Managing Director on 07/08/2007 to the SGX

 

M views on the bonus shares ? Neutral. They don't help EPS or margins or earnings; it's just a way of giving you more shares at half the price.

Give Ezra some time to prepare the documents for the circular for the EGM. I suspect computing the numbers for the sale of EOC isn't going to be easy, which is why there is a delay of almost 4 months since their April 9th announcement of the bonus issue. Suffice to say that it is almost a given that it will take place.

What I am more concerned about is core earnings growth for FY 2007, and whether margins have remained stable. I stress again: I would rather Ezra did NOT pay a dividend as they still need to grow rapidly to take advantage of the buoyant oil and gas industry.

 

Hi musicwhiz5,

What's your view about their announcement of the bonus share?

Materializing this month?

 

musicwhiz5..thanks for the encouragement..