Stock Buy Call: Ezra Holdings fair value of 3.4 sgd by OCBC Securities!

Ezra Holdings Ltd may advance after OCBC Securities initiated coverage of the provider of offshore support vessels with a "buy" rating and a fair value of 3.40 sgd per share. OCBC Securities said in a note to clients that it believes Ezra's core fleet of anchor handling tug supply vessels is well positioned to tap into strong growth in the offshore market. Ezra added 0.28 sgd to end at 2.52 yesterday.