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Brokers' take

Published Mon, May 18, 2015 · 09:50 PM

Ezion Holdings | Sell

May 18 close: S$1.13

Target price: S$0.88

KGI Fraser Research, May 18

The deteriorating rig market from the oversupply has caused us to be more bearish on the offshore rig sector, especially owners of old assets. We see Ezion's drilling rigs as highly vulnerable …

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