Subscribers

Brokers' take

Ezion Holdings | Hold

Target price: S$0.35

Oct 18 close: S$0.335

OCBC Investment Research, Oct 18

WITH regard to the three drilling rigs under the Ezion-Swissco JV, Strategic Offshore, there have been concerns about the charterer's ability (end-client is Pemex) to pay on time since the oil price plunge. Ezion had also previously highlighted that the group has been experiencing difficulties obtaining payments from clients, and it was also reported in the media that Pemex has been dragging its feet on...

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes