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Ezion Holdings
Broker's Calls
3 strategies Ezion will adopt to navigate the O&G sector downturn
SINGAPORE (Nov 30): Maybank Kim Eng is maintaining its “buy” call on Ezion Holdings with an unchanged price target of 42 cents, after attending the liftboat operator’s recent non-deal roadshow (NDR) meeting in Hong Kong.
November 30, 2016
Broker's Calls
This offshore company has what it needs to overcome a downturn
SINGAPORE (Nov 25): Ezion Holding’s earnings in 3Q16 may have been disappointing but DBS Group Research is sticking to its “buy” recommendation with a target price of 56 cents.
November 25, 2016
Broker's Calls
Ezion’s offer to buy Swissco distressed assets and take over debts seen as positive
SINGAPORE (Nov 22): Maybank Kim Eng thinks it’s a good idea for Ezion to offer to buy its share of three drilling rigs and an accommodation rig for $4.5 million from a JV with Swissco and assume all its outstanding debts.
November 22, 2016
Hot Stock
Ezion shares rise 4.8% as it pulls through tough 3Q
SINGAPORE (Nov 10): Shares of Ezion Holdings are up 4.8% at 33 cents, after the offshore logistics and support services provider managed to stay profitable in a tough operating environment.
November 10, 2016
Results
Ezion’s 3Q earnings sink 69% to US$9 mil on lower revenue
SINGAPORE (Nov 10): Ezion Holdings posted a 69.1% decline in 3Q earnings to US$9.4 million ($13.2 million), about a third of the US$30.4 million reported in the same quarter a year ago on lower revenue.
November 10, 2016
Broker's Calls
Seeking cash-rich small and mid caps
SINGAPORE (Oct 11): DBS Group Research is sticking to its investment strategy of seeking safe havens away from the risks arising from the US elections and Brexit.
October 11, 2016
Broker's Calls
Ezion turns to wind to power growth
SINGAPORE (Sept 30): UOB Kay Hian on Friday maintained its “hold” call on Ezion Holdings, and raised its target price to 30 cents from 23 cents previously.
September 30, 2016
Broker's Calls
How much will OPEC proposed deal benefit O&M players?
SINGAPORE (Sept 30): CIMB is maintaining its “underweight” call on the Offshore & Marine sector despite the proposed cut in production by the Organization of Petroleum Exporting Countries (OPEC) announced on Friday.
September 30, 2016
Rebound in Ezra seen to be fleeting amid oil industry woes
SINGAPORE (Sept 26): Ezra Holdings is leading a rebound among Singapore oil-services providers this month, after bearish bets pushed the company’s shares to all-time lows. The rally will be short-lived amid deepening financial distress in the industry,
September 26, 2016
Broker's Calls
One-tanker Indonesian subsidiary does little for Ezion’s profits: OCBC
SINGAPORE (Sept 16): OCBC Investment Research is maintaining its “hold” call on Ezion Holdings with an unchanged target price of 30 cents, with the view that the group’s recent acquisition of an Indonesian shipping company has “little impact on ea
September 16, 2016