Ezion Holdings - Forging Ahead | I3investor

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Ezion Holdings - Forging Ahead

StockFanatic

Publish date: Thu, 04 Sep 2014, 10:58 AM

Management sees continued strong demand for liftboats in Asia Pacific and the Middle East. In particular, Malaysia will be the single largest potential market for liftboats in the next five years, given the country's plan to activate marginal fields, which are expected to be the largest in the region. Management views competition positively because competition - in educating Asian oil companies - will drive demand for liftboats. Maintain BUY. Target price: S$2.62.

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