Ezion

Ezion: Would assume profit taking by investors after counter lost 9.2% since the close on 20 Sep, which follow after a good 3/6/12 months run of up to an astounding 61% gain. Technically, the counter closed below its 20MA and 50 MA mark on 30 Sep, where the recent share price weakness ensued. Fundamentally, counter came off following its announcement on 30 Sep, on its proposed 45.2% acquisition of Ocean Sky. Please refer to http://infopub.sgx.com/FileOpen/Ezion_Media_Release_OS_300913.ashx?App=Announcement&FileID=257948 for more info.