Ezra Holdings

[specuvestor]

I have noticed that Ezra also involved in accommodation vessel, in its EOC subsidiary. One more company involved in the similar business, besides POSH.

It is interesting to watch Ezra strategy of spinning-off different businesses into each subsidiaries.

(not vested in Ezra, and any of its subsidiaries)

IIRC, there are a new comer in the accommodation vessel segment, and is rather small at the moment. Indeed more players are getting into this business, need to dig further in this.

Ezra is late in the game. Posh has quite a lot of the tradition accommodation barges and the expensive newer accommodation semi sub for Deepwater under construction. And Falcon Energy whose focus is in shallow water already owns many accommodation vessels since the start.

One more company emerges, the Falcon Energy. I will take a look. Thanks

Maybe I'm biased againast Ezra. They are always seen chasing hot sector and the best and greatest equipment...e.g. lewak constellation aka game changer. They look big on the outside but no real strength in any.... Having said that.. I must applaud them for being one of the best Financial Engineering company on SGX.

Agree Ezra keep raising cash through placement or selling assets despite good results. That should be red flag

Ezra keep raising funds from capital markets

http://www.valuebuddies.com/thread-159-p...l#pid47450