What's next for battered Ezion after its sharp share price plunge?

Its share price has fallen 22% in just one month.

Investors have punished Ezion for being in the oil services sector. The liftboat builder's share price has fallen by 22% in just one month, but Macquarie Research believes that the market is overlooking several key catalysts for the stock.

Macquarie noted that all of Ezion's 37 vessels have firm contracts from national oil corporations (NOCs), and cancellations are unlikely for these boats.

The report also pointed out that liftboats are part of the “production phase” of capex and hence less risky, unlike oil rigs or support vessels.

"Ezion has now fallen well below its bear case, in our view. For investors looking for a beaten down, fundamentally strong, liquid and cheap stock, we think they should look no further,” stated Macquarie.

The people you want to reach are already in this room.

Every quarter, SBR lands on the desks of the founders, CFOs, and directors running Asia's most consequential companies. Every day, they open our newsletter and read our website. It's a room that took twenty years to build — and it's the one most of our partners are trying to get into.

The good news is that the door is open. We work with companies on thought leadership articles, sponsored content, industry summits across Southeast Asia, regional awards programmes, podcasts, and media placements in print and digital. The shape of the right partnership depends on what you're trying to do, which is why we'd rather start with a conversation than send a rate card.

If you have something this room should know about, tell us. We'll tell you honestly whether we can help, and how.

No rate cards until we understand the brief. It's a better use of everyone's time.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia