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so temasick aka sg gov has decided to "save" MPM and Ezion, by showing their backings via direct share subscription.
so there u have it,
1) KEPCORP
2) SEMCORP
3) STE
4) MPM
5) EZION
1) Try NOT to LOSE money!
2) Do NOT SELL in BEAR, BUY-BUY-BUY! invest in managements/companies that does the same!
3) CASH in hand is KING in BEAR!
4) In BULL, SELL-SELL-SELL!
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(07-04-2018, 09:18 AM)CY09 Wrote: http://infopub.sgx.com/FileOpen/Ezion_An...eID=496429
Pavilion Capital, a subsidiary of Temasek, will be subscribing new shares in Ezion at a price of $0.208 per share. It is the same company which invested by being shares from UOB in the Marco polo Marine deal. I wonder how much presence Temasek is going to have in the O&G space.
<vested>
The same company that dumped MPM in first week or so
What intrigued me is Alan Wang investment
Before you speak, listen. Before you write, think. Before you spend, earn. Before you invest, investigate. Before you criticize, wait. Before you pray, forgive. Before you quit, try. Before you retire, save. Before you die, give. –William A. Ward
Think Asset-Business-Structure (ABS)
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Ezion has resume trading but is now at a price close to its last trading price. What surprised me is the high trading volume. Perhaps pavilion capital did the same move at mpm by offloading shares it had bought at 0.208. No 1 will know given that pavilion holds less than 5%.
I am also curious how Alan Wang feels given that Ezion sold shares to pavilion t quite a cheap price
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“risk comes from not knowing what you’re doing.”
I don’t look to jump over 7-foot bars: I look around for 1-foot bars that I can step over.
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(30-04-2018, 09:11 PM)BRT Wrote: wah, query block!
http://infopub.sgx.com/FileOpen/Ezion_An...eID=502448
The board of directors (the “Board”) of the Company has noted the decrease in the price and
the increase in the trading volume of the ordinary shares of the Company (the “Shares”). The
Company does not have any information which must be announced to avoid a false market in the
Shares or any insider information that needs to be disclosed in compliance with the Listing
Manual of the Singapore Exchange Securities Trading Limited. The operations of the Company
remain normal.
Why VOLUNTARY ANNOUNCEMENT by the company when they were not queried by SGX ?
“risk comes from not knowing what you’re doing.”
I don’t look to jump over 7-foot bars: I look around for 1-foot bars that I can step over.
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One possibility is that during the AGM held yesterday, the management was grilled on the falling prices since mid April 2018. Hence the mgmt reiterated their words
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(01-05-2018, 08:17 AM)CY09 Wrote: One possibility is that during the AGM held yesterday, the management was grilled on the falling prices since mid April 2018. Hence the mgmt reiterated their words
Thought most of the management will tell the investors '' we cannot comment on share price '' , if such question was raised in AGM .
Just my opinion , at this level , seems it is value for money if O & G are recovering from the down cycle .
The NAV is around 17.5c
“risk comes from not knowing what you’re doing.”
I don’t look to jump over 7-foot bars: I look around for 1-foot bars that I can step over.