Ezion

DBS looks into 2017

How to position yourself in an O&G sector ‘still caught in the doldrums’

SINGAPORE (Dec 19): 2017 is to remain a challenging for year oil services & equipment providers even with the gradual recovery of oil prices, says DBS Vickers Securities, which has rated the sector as “underweight” in its Market Focus 2017 Outlook rep

Investing strategies

Here are the 2 biggest external risks to Singapore for 2017

SINGAPORE (Dec 13): Maybank Kim Eng foresees a tough year ahead for Singapore amid weak global growth and challenges buffeting its key financial services, property and energy-related sectors.

Investing strategies

O&G sector remains a trading play at best for now: UOB

SINGAPORE (Dec 2): UOB Kay Hian has upgraded its rating on Singapore’s oil and gas (O&G) sector to “market weight” for both its offshore marine and shipyard segments, following the Organization of the Petroleum Exporting Countries’ (OPEC) announce

Broker's Calls

Can OPEC cuts help save O&M sector?

SINGAPORE (Oct 7): UOB Kay Hian is maintaining its “underweight” call for the offshore and marine sector citing flat capex from oil majors despite improved sentiment from OPEC cuts.

Market Close

STI closes 1.6% higher at 2,896.55

SINGAPORE (Sept 6): The Singapore market ended higher on Tuesday despite a general lack of direction in global markets.

10 O&M stocks that could be in financial hot water

SINGAPORE (Aug 3): UOB Kay Hian is turning negative on the offshore and marine (O&M) sector, downgrading its rating to “underweight” on mounting liquidity pressure on the sector amid a prolonged downturn.

Ezion proposes rights issue to raise up to $137.5 mil in net proceeds; enters windfarm market

SINGAPORE (June 30): Ezion Holdings has proposed an underwritten rights issue to raise net proceeds of up to $137.5 million.
Ezion rig

SGX Maritime Index up 6% in first six sessions of June; Ezra best performer

SINGAPORE (June 9): Singapore Exchange’s Maritime and Offshore Index, which comprises shipyard operators, shipping companies and offshore services providers, has risen 6.3% in the first six sessions of June.
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Broker's Calls

Ezion kept at ‘buy’ by DBS with 85 cents target

SINGAPORE (May 13): DBS Vickers Securities is maintaining its “buy” call on Ezion with 85 cents target, given the recent pullback to near year-to-date low.
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