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Ezion: Quite Possibly A Growth Gem
Tradeable, Tradeable Ideas | 19 June 2014
Related stocks:
5ME
By: Raymond Leung
Articles (142) Profile
  1. Ezion is the owner of numerous liftboats which are popular with oil companies as these vessels boost cost-efficiency.
  2. The company intends to venture into the Exploration and Production sector of the Oil and Gas industry with an RTO of JK Tech.
  3. Such a deal could transform Ezion into a major player with exposure to both up and midstream sectors of the oil and gas industry.


Source: FactSet, graphical representation of analysts’ calls on Ezion

Ezion Holdings (Ezion) is a service provider for offshore marine support and logistics. The group is the owner of numerous liftboats (its main business), tugs, ballastable barges, OSV and self-propelled barge.

Liftboats are popular with oil companies as they increase cost-efficiency by reducing downtime of production wells and reliance of barges.

Furthermore, Ezion is making a move for a reverse-takeover (RTO) of JK Tech which was given an AIP (Approved In Principle) by SGX. The RTO will bring Ezion to a new height because Ezion’s management plans to use the JK Tech as a holding company to foray into the Exploration and Production sector.

If the corporate action is successful, it will transform Ezion into a major player in the oil and gas industry with reach in the upstream and midstream sector.

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Trained in fund management, Raymond is familiar with shares and various investment vehicles.

Please click here for more information about this author.

Ezion Hldgs  -- -- --   
Business: Co develops, owns, and charters offshore assets to support the offshore energy markets. [FY17 Turnover] Liftboats (49.7%), Jack-up Rigs (39.5%), Offshore Support Logistic Services (10.8%).

Insight: Aug-18, 1H18, Co returned to the black with a net ... Read More


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