Stock Name: Ezra
Company Name: EZRA HOLDINGS LIMITED
Target S$1.25
We see opportunities to accumulate when Ezra's share price pulls back following the placement of 110m shares. The S$121m proceeds should ease its cash flows as it takes on larger subsea contracts.
Stronger-than-expected contract wins could be catalysts.
Source: CIMB Day Break 12 March 2012, Full PDF Report
Company Name: EZRA HOLDINGS LIMITED
| Research House: CIMB | Price Call: BUY | Target Price: 1.25 |
Target S$1.25
We see opportunities to accumulate when Ezra's share price pulls back following the placement of 110m shares. The S$121m proceeds should ease its cash flows as it takes on larger subsea contracts.
Stronger-than-expected contract wins could be catalysts.
Source: CIMB Day Break 12 March 2012, Full PDF Report
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