(Stocks Discussion) SGX: Ezion Holdings Limited (SGX: 5ME)?

SGX stockfacts provide very useful information at your finger tips.

Step 1: Look at their revenue and profit

At this stage, it is already a fail...

But let's continue.

Step 2: Look at their cash and debt.

Too much debt also, double fail.

Ok, that's end of the story.

Getting to see many of the counters now appearing in the stock discussion forum.

My advice to forum members is stay away from Ezion. I have attended the AGM and I can tell the mgmt is overly optimistic and are probably over hyping their recovery from the offshore markets. This is evident by the fact that despite mgmt sounding so positive, none of the chairman, CEO or board of directors are doing share buybacks or using their 6 figure salaries to own more shares in the company.

Ezion is at an all time low in share price, Mgmt and directors sound optimistic in recover, they earn high five to six figure salaries. Logically, this means given they are in the best position in knowing the company's financial postiion and growth, they would have started purchasing (before the stock suspension); but none of it happened.

It is a red flag when mgmt says one things but their actions show otherwise