OCBC, which has Buy rating, says “though the impact (from deal on Ezion earnings) may not be significant, we are positive on this development as it paves the way for larger contracts going forward, if execution is smooth. We are expecting more clarity by Feb 2011.” |
Friday, October 15, 2010
Ezion Holdings +2.8% in good volume; Buy: OCBC
Ezion Holdings (5ME.SG) +2.8% at $0.74 at 10:52 a.m.; stock among SGX’s top-10 most traded today, still benefiting from news late Wednesday provider of marine logistics, support services to oil & gas industry has entered JV with Germany’s BBC Chartering for ownership of multi-purpose vessel, has chartered vessel to BBC for US$28 million ($36.3 million) over 6 years, says Dow Jones.
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