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Joined: 20 Jun 02
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quote originally posted by Soccerviewer:
These 2 counters were down on Monday. Maybe you can tell us more like what these 2 companies does and what you like about them. I assume you expect them to go up, right?
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First of all, i have to say is there are thousands of listed Companies which is not of my particular liking. I listed these 2 particular stock cause it has been play up by traders since last week. I have also stated not to hold in Bear Market unless you are investing for long term. Traders usually do day trading, buy in the morning, sell in the afternoon or the reverse. In bear market, any Companies will also be affected by downturn. However, Companies with strong fundamental and balance sheet will survive. Back to the business of these 2 Companies. Ezra The Company was incorporated in Singapore on 23 March 1999 under the name of L & E Rent-A-Car Pte Ltd. It changed its name to Ezra Marine Engineering & Construction Pte Ltd on 6 January 2000 and to Ezra Holdings Pte Ltd on 2 October 2000. On 24 June 2003, it was converted into a public limited company and renamed Ezra Holdings Limited. The Group provides offshore support vessels and services to the offshore oil and gas industry. It also provides the shipping industry with other marine services such as provision of marine supplies and engineering services. Its business activities are carried out by its offshore support services division and marine services division. Midas The Company was incorporated in Singapore on 17 November 2000 under the name of Midas Holdings Pte Ltd and renamed to Midas Holdings Limited on 12 January 2004. The Group's principal activities are as follows:- i) Design, manufacture and installation on polyethylene pipes for use in various types of piping networks. ii) Design and manufacture of aluminium alloy extrusion products for use in various industries. The design, manufacture and installation on PE Pipes are undertaken by its PE Pipe Division (Wanshida) and the design, manufacture and sale of aluminium alloy extrusion products are undertaken by its Aluminium Alloy Division (Jilin Midas).
Life's like a box of chocs, you'll never know what you gonna get. I didnt know, but when you walked into my life, i just knew i'd gotten the sweetest box...
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